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- May 1, 2020
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Ok before I get shut down immediately hear me out, I am very familiar with the "don't go to medical school if you don't want to practice medicine" line. The thing is that I do want to practice medicine, but after familiarizing myself with what residency truly is I decided that I need to be honest with myself, is this the right path for me? I love helping people, I love the science behind medicine, but I don't like suffering. Working 80+ hours a week while being sleep deprived for YEARS is a major turn-off for me. From what I've gathered practically everyone who has completed a residency has said that they were only able to do it through pure ignorance, if they had known about what they were in store for or if they had to do it again they wouldn't dare.
I don't want to semi-blindly follow that same path out of naivety and endure the same faith of burnout, anti-depression meds, sleep deprivation, sacrificing YEARS of your life and valuable memories/experiences, losing amazing relationships with friends, family, and loved ones, etc. I believe most premeds don't fully understand what they're getting into and by the time they do, they are 100k or more in debt and are essentially forced to go down this path. Like I can't stress the "fully" enough, yea they know that med school is going to be hard, residency is going to be harder, but they don't FULLY understand until they experience it.
People tend to say that this is something you should only do if there is nothing else you can see yourself doing. I agree with that advice, I have contemplated heavily on other career paths such as physical therapy, PA, nonclinical careers, etc, and out of all of them, I can't see myself happy if I never got my MD or DO.
So anyway to get to the point, I do want to get either an MD or DO, I know medical school will be very rough but I love learning and I know it will be at least decently manageable. However, instead of going down the path of residency and then becoming an attending, I have been considering getting an MD/MBA and then exploring a career in biotech, pharm, R&D, VC, Consulting, etc. Yes I know that you don't need an MD to do all that but I believe that the knowledge that you gain from medical school will be very applicable to those endeavors.
I have read a handful of articles that show how more and more people who graduate with their MD/MBA or DO/MBA are less likely to pursue residency, and usually enter one of the career paths that I listed formerly. I have watched podcasts with many doctors who either didn't go to residency, or didn't finish residency and instead end up pursuing careers in medical technology and their lives change drastically. Their work hours are more favorable, they develop things that could help a large number of people, and they make not only more than they would in residency but sometimes more than their potential attending salaries. They all credit their success in their medical innovations to what they learned in medical school so to respond prematurely to a comment I am sure I might see, no I can't just go to MBA school alone because I wouldn't have that medical knowledge.
So I am wondering if this is a viable option, to go to medical school and then to probably pursue a career in some sort of biotech, without doing residency or a typical residency. What's interesting is that these doctors that I have mentioned still practice clinically without having finished a residency so I think that would be the best of both worlds.
I would love if anyone knows anyone who has done a similar path or knows of anyone who has done something like what I mentioned, open to any advice or feedback or maybe some information that I didn't know. I am just a lowly premed so I might be missing something and if I am sorry in advance.
I don't want to semi-blindly follow that same path out of naivety and endure the same faith of burnout, anti-depression meds, sleep deprivation, sacrificing YEARS of your life and valuable memories/experiences, losing amazing relationships with friends, family, and loved ones, etc. I believe most premeds don't fully understand what they're getting into and by the time they do, they are 100k or more in debt and are essentially forced to go down this path. Like I can't stress the "fully" enough, yea they know that med school is going to be hard, residency is going to be harder, but they don't FULLY understand until they experience it.
People tend to say that this is something you should only do if there is nothing else you can see yourself doing. I agree with that advice, I have contemplated heavily on other career paths such as physical therapy, PA, nonclinical careers, etc, and out of all of them, I can't see myself happy if I never got my MD or DO.
So anyway to get to the point, I do want to get either an MD or DO, I know medical school will be very rough but I love learning and I know it will be at least decently manageable. However, instead of going down the path of residency and then becoming an attending, I have been considering getting an MD/MBA and then exploring a career in biotech, pharm, R&D, VC, Consulting, etc. Yes I know that you don't need an MD to do all that but I believe that the knowledge that you gain from medical school will be very applicable to those endeavors.
I have read a handful of articles that show how more and more people who graduate with their MD/MBA or DO/MBA are less likely to pursue residency, and usually enter one of the career paths that I listed formerly. I have watched podcasts with many doctors who either didn't go to residency, or didn't finish residency and instead end up pursuing careers in medical technology and their lives change drastically. Their work hours are more favorable, they develop things that could help a large number of people, and they make not only more than they would in residency but sometimes more than their potential attending salaries. They all credit their success in their medical innovations to what they learned in medical school so to respond prematurely to a comment I am sure I might see, no I can't just go to MBA school alone because I wouldn't have that medical knowledge.
So I am wondering if this is a viable option, to go to medical school and then to probably pursue a career in some sort of biotech, without doing residency or a typical residency. What's interesting is that these doctors that I have mentioned still practice clinically without having finished a residency so I think that would be the best of both worlds.
I would love if anyone knows anyone who has done a similar path or knows of anyone who has done something like what I mentioned, open to any advice or feedback or maybe some information that I didn't know. I am just a lowly premed so I might be missing something and if I am sorry in advance.