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- Aug 17, 2009
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You often hear on sdn a lot of negativity towards medicine these days. I really can't understand why. I am going to analyze medicine versus other careers to prove to you why medicine is on top. This analysis is strictly based on finances and lifestyle. I know that there are far more rewards in medicine that are better than money however I am leaving those out.
Medicine versus Law
-Severe shortage of MDs and extreme surplus of lawyers.
-These days even if your are from the top 15 law schools you still need to be near the top of your class to get a good job.
-As a lawyer you need to kiss a lot of ***, always keep an updated resume and constantly worry about impressing your clients or superiors, your skills can be easily replaced. Whereas in medicine after residency you can be a complete d*** for the rest of your life, you never have to worry about landing a job, forget about your resume as long as you have a MD after your name and you are board certified there will be work for you.
-Salary wise the average for medicine is higher. Most doctors do better than most lawyers. Some of the top lawyers make a lot of money but if you compare them to the top doctors (neurosurgeons, IC, plastic surgeons, orthopedics, gastroenterologists) it is roughly the same.
Medicine versus dentistry
- This is a close one but medicine still comes out on top. In dentistry people see the 35hr work weeks and the 180K salary and assume its better than medicine. What they don't realize is start up costs in dentistry are higher and there is a much greater competition between dentists for patients than for doctors. If a pcp wanted to he can see more patients at will and increase his salary to much higher than a general dentist. Dentistry doesn't give you this option.
Medicine versus finance/accounting/investment banking/mba
Sure CEO's, CFO's, investment bankers and top accountants earn millions of dollars. But going to school to become one of them is like me saying I am going to become an NBA player. Its probably not going to happen. Picture your average pre-med as an investment banker- it just wont happen he/she would get ripped off in a second and get taken advantage of. So many people major in accounting/finance in college hoping to make it to these ranks most don't even end up getting jobs.
Medicine versus engineering
Engineering is an awful field. You will likely get fired by age 45 or be moved from company to company.
Medicine versus nursing, pharmacy, optometry and other allied health careers
- Sure lifestyle and responsibility is much lower in these careers but financially medicine beats each one of these by a long shot. I don't know about you but I would not want to be taking orders from doctors especially when I know that I have the intelligence and drive to become one.
If there are other careers I missed please let me know. If you disagree with me about any of the careers please make your point and I will prove you wrong.
Medicine versus Law
-Severe shortage of MDs and extreme surplus of lawyers.
-These days even if your are from the top 15 law schools you still need to be near the top of your class to get a good job.
-As a lawyer you need to kiss a lot of ***, always keep an updated resume and constantly worry about impressing your clients or superiors, your skills can be easily replaced. Whereas in medicine after residency you can be a complete d*** for the rest of your life, you never have to worry about landing a job, forget about your resume as long as you have a MD after your name and you are board certified there will be work for you.
-Salary wise the average for medicine is higher. Most doctors do better than most lawyers. Some of the top lawyers make a lot of money but if you compare them to the top doctors (neurosurgeons, IC, plastic surgeons, orthopedics, gastroenterologists) it is roughly the same.
Medicine versus dentistry
- This is a close one but medicine still comes out on top. In dentistry people see the 35hr work weeks and the 180K salary and assume its better than medicine. What they don't realize is start up costs in dentistry are higher and there is a much greater competition between dentists for patients than for doctors. If a pcp wanted to he can see more patients at will and increase his salary to much higher than a general dentist. Dentistry doesn't give you this option.
Medicine versus finance/accounting/investment banking/mba
Sure CEO's, CFO's, investment bankers and top accountants earn millions of dollars. But going to school to become one of them is like me saying I am going to become an NBA player. Its probably not going to happen. Picture your average pre-med as an investment banker- it just wont happen he/she would get ripped off in a second and get taken advantage of. So many people major in accounting/finance in college hoping to make it to these ranks most don't even end up getting jobs.
Medicine versus engineering
Engineering is an awful field. You will likely get fired by age 45 or be moved from company to company.
Medicine versus nursing, pharmacy, optometry and other allied health careers
- Sure lifestyle and responsibility is much lower in these careers but financially medicine beats each one of these by a long shot. I don't know about you but I would not want to be taking orders from doctors especially when I know that I have the intelligence and drive to become one.
If there are other careers I missed please let me know. If you disagree with me about any of the careers please make your point and I will prove you wrong.