- Joined
- Jan 2, 2009
- Messages
- 8
- Reaction score
- 0
I am having a huge dilemma right now. I am currently a first year engineering student, but it doesnt feel right to me.
I am not fanatic about money, but I come from a certain background where I wished I could live without worrying too much about money. Hence, I truly believe that money is just as important as my work interest. (Especially with the current economic trend) I do not plan to live in giant mansion with 100K+ car, but I do want a decent life with 90-100K annual net income minimum.
I know that I am not an idiot. I am pretty confident that after a decade of work experience (5-7 years of school + 10 years of work so about 17 year-ish), I will be able to get that kind of income. Having a strict family and school environment, however, I am hoping to work with minimum interference from the boss. But at the same time, I am not yet confident of starting my own business.
Because of this, I am thinking of finding my career in medical field. I am thinking of becoming a pharmacist. I will probably need 2 3 years, 4 years of pharm school and 2 years or more for graduate studies. My parents, however, are discouraging this. This is their argument
1. Pharmacists dont get decent pay to support the family. Maybe they are saying this because my dad makes quite a load of money as an engineer, (over 150K gross income) but I cant say. I know pharmacists make around 100K, but the actual income after lists of taxation is like in 60K-ish. (In Canada, anyway. I am not sure about US, but they are taxed considerably as well or so I heard) Engineers may make less than pharmacists, but they do make tons as they move up the rank with good reputation (Hence, salary eventually becomes higher than pharmacist) I dont plan to live as well as my parents, but I am picturing a decent house, a new medium expensive car (ex. Honda SUV), decent computer/TV (with decent high speed internet and 20-ish channels, food and occasional eat-outs and some surplus for savings. Is $65000-ish enough for that? Oh, and Id imagine itll get more expensive if I start a family too
2. I tried to argue that medical career are more stable, but my dad says that from his experience engineers with master+ from decent universities with a decade of working experience dont have to fear layoffs. My parents fear that due to large corporations taking over pharmacist stores, (ex. Wal-Mart, superstore, etc.) pharmacists demand wont last long. Even though economy says otherwise now, it makes sense to me. Almost all families I know buy prescription drugs from Superstore and Wal-Mart because its cheaper and convenient. It doesnt take that much manpower to meet the demand or are they wrong about this?
3. Question of bonus and overtime pay. A lot of pharmacists/pharm students get excited about these but how much are they? I know it depends on the employer but is there an average estimate?
4. Pharmacists make money based on how much drugs they sell so they sometimes have to pressure themselves to sell more drugs to make profit I find this unlikely in Western pharmacy stores but is there some truth in this? (My family has Asian background )
I am doing some research, and I will be volunteering in pharmacy stores to understand more about what pharmacists do. (Though Id imagine I will be doing some chores like putting drugs on the shelves and become cashier as well due to my lack of experience ) But I posted my dilemma because I hoped for some enlightening feedback from pharm students as well as pharmacists. Thanks for reading, and I thank in advance for your feedback~!
- neogenesis713
PS: I don't want to look like an arrogant guy, but I know I am capable of getting both degrees. I want to consider just the career in general, not the money/difficulty of the programs.
I am not fanatic about money, but I come from a certain background where I wished I could live without worrying too much about money. Hence, I truly believe that money is just as important as my work interest. (Especially with the current economic trend) I do not plan to live in giant mansion with 100K+ car, but I do want a decent life with 90-100K annual net income minimum.
I know that I am not an idiot. I am pretty confident that after a decade of work experience (5-7 years of school + 10 years of work so about 17 year-ish), I will be able to get that kind of income. Having a strict family and school environment, however, I am hoping to work with minimum interference from the boss. But at the same time, I am not yet confident of starting my own business.
Because of this, I am thinking of finding my career in medical field. I am thinking of becoming a pharmacist. I will probably need 2 3 years, 4 years of pharm school and 2 years or more for graduate studies. My parents, however, are discouraging this. This is their argument
1. Pharmacists dont get decent pay to support the family. Maybe they are saying this because my dad makes quite a load of money as an engineer, (over 150K gross income) but I cant say. I know pharmacists make around 100K, but the actual income after lists of taxation is like in 60K-ish. (In Canada, anyway. I am not sure about US, but they are taxed considerably as well or so I heard) Engineers may make less than pharmacists, but they do make tons as they move up the rank with good reputation (Hence, salary eventually becomes higher than pharmacist) I dont plan to live as well as my parents, but I am picturing a decent house, a new medium expensive car (ex. Honda SUV), decent computer/TV (with decent high speed internet and 20-ish channels, food and occasional eat-outs and some surplus for savings. Is $65000-ish enough for that? Oh, and Id imagine itll get more expensive if I start a family too
2. I tried to argue that medical career are more stable, but my dad says that from his experience engineers with master+ from decent universities with a decade of working experience dont have to fear layoffs. My parents fear that due to large corporations taking over pharmacist stores, (ex. Wal-Mart, superstore, etc.) pharmacists demand wont last long. Even though economy says otherwise now, it makes sense to me. Almost all families I know buy prescription drugs from Superstore and Wal-Mart because its cheaper and convenient. It doesnt take that much manpower to meet the demand or are they wrong about this?
3. Question of bonus and overtime pay. A lot of pharmacists/pharm students get excited about these but how much are they? I know it depends on the employer but is there an average estimate?
4. Pharmacists make money based on how much drugs they sell so they sometimes have to pressure themselves to sell more drugs to make profit I find this unlikely in Western pharmacy stores but is there some truth in this? (My family has Asian background )
I am doing some research, and I will be volunteering in pharmacy stores to understand more about what pharmacists do. (Though Id imagine I will be doing some chores like putting drugs on the shelves and become cashier as well due to my lack of experience ) But I posted my dilemma because I hoped for some enlightening feedback from pharm students as well as pharmacists. Thanks for reading, and I thank in advance for your feedback~!
- neogenesis713
PS: I don't want to look like an arrogant guy, but I know I am capable of getting both degrees. I want to consider just the career in general, not the money/difficulty of the programs.