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Masters Vs Caribbean


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All the reasons OP listed for wanting medicine doesn't make him a bad person - but it will make him a horrible, and unhappy physician.

 

It seems like business is your true passion! Go for it :) Good luck with everything.

no it does not. I am applying this cycle and I am wanting to do medicine only for the money and prestige. Simple as that. I am not going to pretend like I'm this perfect person with all these BS reasons of wanting to go into medical school. It does not meet I will be a bad or unhappy doctor by any means. You can't say stuff like that.
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The so-called prestige from people who have no impact upon your life is totally meaningless & empty. More money can be made in other professions in less time. Sure, the money is a good and is a factor but as I would make good money in any other profession, it is not a driving force. I like the social value on a one-to-one basis with individual patients, I love challenges and I have always been a fix it person, so surgery is the right fit for me. 

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The so-called prestige from people who have no impact upon your life is totally meaningless & empty. More money can be made in other professions in less time. Sure, the money is a good and is a factor but as I would make good money in any other profession, it is not a driving force. I like the social value on a one-to-one basis with individual patients, I love challenges and I have always been a fix it person, so surgery is the right fit for me. 

 

Its impossible to ignore the fact that when you tell people you are a doctor it has a prestige effect. People automatically assume you are a well rounded, intelligent and upstanding citizen until proven otherwise and lets be honest, a lot of these people will have an impact on your life, in fact your potential future life partner may be one of those people. 

 

We can't just pretend the positives aren't there just because we try to hide them. Every person who you tell that you are a med student/doctor is going to form an impression of you because of it and it is generally positive. 

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no it does not. I am applying this cycle and I am wanting to do medicine only for the money and prestige. Simple as that. I am not going to pretend like I'm this perfect person with all these BS reasons of wanting to go into medical school. It does not meet I will be a bad or unhappy doctor by any means. You can't say stuff like that.

 

Okay, I'll admit the horrible doctor part was out of place - I apologize.

 

You can still be a fantastic doctor - but I'm not sure you will be truly happy in the profession. Does the prestige and monetary benefit outweigh the stress, potentially hectic work schedule, debt, and family sacrifices you might have to make as a physician? I guess that varies between people.

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The so-called prestige from people who have no impact upon your life is totally meaningless & empty. More money can be made in other professions in less time. Sure, the money is a good and is a factor but as I would make good money in any other profession, it is not a driving force. I like the social value on a one-to-one basis with individual patients, I love challenges and I have always been a fix it person, so surgery is the right fit for me.

no there is no profession in the world (except famous athlete or movie star) makes anywhere close to a doctor. Engineers lawyers accountants etc with 20+ years experience don't even make a fraction of what specialists make straight out of residency.
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no there is no profession in the world (except famous athlete or movie star) makes anywhere close to a doctor. Engineers lawyers accountants etc with 20+ years experience don't even make a fraction of what specialists make straight out of residency.

 

How much do you think a physician makes, and how many hours do you think they have to work in order to make this amount?

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Family doctors working 40 hour weeks can make 250K. Work more in a good location and do lucrative procedures can family docs can make 400K. Specialists like radiology can make 500K, dermatology 600K, and ophthalmology 700k. and this is working 40-50hrs. Nothing crazy like some think. It's always funny when some people think doctors work long hours...yea some do like surgeons but not all. And these numbers are not what I "think" look up the residency guide and find these figures

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How much do you think a physician makes, and how many hours do you think they have to work in order to make this amount?

 

keeping in mind of course that 40% of all new doctors are family doctors as well. Not everyone is a high end specialist - and even if so there are extra years and years added on for that now and uncertainty that the field will even be high paying when you get there (if you get there....).

 

not that family doctors are making pretty good money - again you probably shouldn't focus as much on the outliers thought when planning up front :)

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I looked at the CMA profiles for different specialities. If anyone else is curious, you can find them here: https://www.cma.ca/En/Pages/specialty-profiles.aspx

 

They do report those salaries, but the numbers are not including overhead costs (or federal/provincial income tax), and the hours are not including on-call hours. Example: If you look at the ophthalmology chart, it looks like approx. 1/3 of physicians spend over 120 hrs on-call on top of their 50 hours, which averages out to approx. 80 hours a week.

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This may be unpopular, but I don't think you can be a really good doctor if your ONLY motivations are money and prestige. You can be a very competent doctor. But to be fantastic in any profession you have to have at least a little bit of passion. Otherwise, why would you go the extra mile? It's the same for teachers, lawyers, everyone.

 

I'm not saying money (prestige... Meh) is not a valid motivation. I'm just not sure it should be the only one.

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^a family doctor can easily make 250-300K in their first year out of residency. An engineer lawyer or accountant will never in their entire career come close to that unless they are in the top1% of their field or become some very high end managers

 

hehehe it isn't that easy, although I understand your point of course and I am not trying to dismiss it. The per hour income is not as supremely high as it is made out to be in most cases (average income is not 250K after overhead for instance - and that engineer is probably working 40 hours a week and a senior engineer with skill can clear over a 100K - eventually in all those fields with reasonable work you go into management and work your way up).

 

also someone said the start time was 25? Takes most often 10 years to be family doctor and you can at best start when you are about 18 - so just a bit longer usually (I mean you can squeeze it down to 8 years with luck and take extra steps etc - but it is hard). 

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I can't imagine committing to 10+ years of education, years of work related stress and longish hours all for prestige and money. I actually wish I could - I'd be more financially successful at my age if I had that mentality. 

 

ha maybe - I will say at year....oh 11 of probably 17 years here that prestige and money fade a bit in importance. I mean who are exactly are you trying to impress at age 35-40? What is it that you want to buy that you couldn't have figured out how to buy some other way by that age?

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I gotta say, you feel really prestigious when you are washing poop out of someone's abdomen at 3 am or when a patient pukes all over your arms and chest repeatedly.

 

 

ha yeah that is a special kind of warm fuzzy feeling. Cannot say I am feeling the love at 3am staring at the same monitor for 20 straight hours either. There is a big difference between important and prestigious :)

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ha maybe - I will say at year....oh 11 of probably 17 years here that prestige and money fade a bit in importance. I mean who are exactly are you trying to impress at age 35-40? What is it that you want to buy that you could have figured out how to buy some other way by that age?

 

Thats kind of how I always thought about it. Prior to considering medicine, I thought "yeah, they make a lot of money, but it probably sucks if you're not really into it". My post was mostly highlighting that, if you're looking for something you're passionate about to spur a career decision, and you're not really passionate about anything, being driven by money would probably lead to a better outcome then just floating. 

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Its impossible to ignore the fact that when you tell people you are a doctor it has a prestige effect. People automatically assume you are a well rounded, intelligent and upstanding citizen until proven otherwise and lets be honest, a lot of these people will have an impact on your life, in fact your potential future life partner may be one of those people. 

 

We can't just pretend the positives aren't there just because we try to hide them. Every person who you tell that you are a med student/doctor is going to form an impression of you because of it and it is generally positive. 

I've never told anybody that I am a doctor, not my cleaning lady, not by neighbours, nobody. What would be the point? My patients know and that is what is important. There are no positives to tell others.

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Hey OP,

You and I are very alike. I too have a passion for business, and if med school didn't work out my plan was to ultimately do an MBA. I ended up finding my "dream program" at McGill. It's a joint md & mba program. So you kind of get a feel of both worlds. You should check it out.

Good luck!

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