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Started By
Message
MD or MBA
Posted on 4/23/14 at 10:20 am
Posted on 4/23/14 at 10:20 am
A cousin is going to be a freshman in college and is asking me for advice on career paths. He torn between eventually getting an MBA and going into finance or an MD and becoming a doctor. My advice was finance. Only 2(sometimes 1) year of extra school, less debt if you need it, and salaries mid career are approximately the same if not higher in finance. Never become a Dr. for the $ or you'll be sorely disappointed. Thoughts?
20
Posted on 4/23/14 at 10:23 am to RedRifle
Do both at a top 10 school.
Posted on 4/23/14 at 10:23 am to RedRifle
Dude is still. In high school. He doesn't have to decide his career path just yet.
Posted on 4/23/14 at 10:23 am to RedRifle
If he's getting an MBA make sure to tell him to focus on management or marketing. They the most profitable of the business majors according to a study done by California - Berekly.
Posted on 4/23/14 at 10:25 am to RedRifle
quote:He'll probably end up a liberal arts major.
Thoughts?
quote:
Never become a Dr. for the $ or you'll be sorely disappointed.
Yes, I imagine all the doctors that occupy these jobs are sorely disappointed with themselves.
quote:
1. Orthopedic Surgeon
Average: $464,500
2. Cardiology (invasive)
Average: $461,364
3. Cardiology (non-invasive)
Average: $447,143
4. Gastroenterology
Average: $441,421
5. Urology
Average: $424,091
6. Hematology/Oncology
Average: $396,000
7. Dermatology
Average: $370,952
8. Radiology
Average: $368,250
9. Pulmonology
Average: $351,125
10. General Surgery
Average: $336,375
Posted on 4/23/14 at 10:24 am to RedRifle
he needs to pump the brakes
most likely he won't end up being either one.
let him take some science and business classes his freshman year and see how he likes and handles them
then let him make that decision
most likely he won't end up being either one.
let him take some science and business classes his freshman year and see how he likes and handles them
then let him make that decision
Posted on 4/23/14 at 10:24 am to RedRifle
tell him to crush some tail and chill the frick out for a bit
Posted on 4/23/14 at 10:24 am to RedRifle
quote:
and salaries mid career are approximately the same if not higher in finance.
Link? Not buying that at all.
Posted on 4/23/14 at 10:24 am to Mootsman
quote:
If he's getting an MBA make sure to tell him to focus on management or marketing. They the most profitable of the business majors according to a study done by California - Berekly.
Posted on 4/23/14 at 10:25 am to RedRifle
quote:
He torn between eventually getting an MBA
Useless degree
Tell him to major in engineering, then venture off to the business side where he can be a project/program manager. That's where the big bucks are and all he'll have is 4 or 5 years worth of schooling.
Posted on 4/23/14 at 10:26 am to SabiDojo
quote:
Do both at a top 10 school.
Where you go to medical school means very little. Certainly much less than where you get an MBA or JD.
Posted on 4/23/14 at 10:27 am to RedRifle
Step 1: Engineering degree in (Mechanical, Chemical, Electrical, Civil, or Construction Management)
Step 2: work for a living
Step 3: get employer to pay for MBA
Step 4:???
Step 5: Profit
Step 2: work for a living
Step 3: get employer to pay for MBA
Step 4:???
Step 5: Profit
Posted on 4/23/14 at 10:28 am to RedRifle
Finance undergrad
masters accounting
CPA
CFA
????
Profit
masters accounting
CPA
CFA
????
Profit
Posted on 4/23/14 at 10:28 am to Hammond Tiger Fan
quote:
Useless degree
from a shitty school
Posted on 4/23/14 at 10:30 am to barry
Do engineering if it interest him
1) Being an actual engineer is in demand and pays well
2) You can get into any of the professional graduate programs with it; JD, MBA, MD(and it will actually make it easier)
3) You can do almost any other job because people know you are smart and have problem solving skills
1) Being an actual engineer is in demand and pays well
2) You can get into any of the professional graduate programs with it; JD, MBA, MD(and it will actually make it easier)
3) You can do almost any other job because people know you are smart and have problem solving skills
Posted on 4/23/14 at 10:32 am to RedRifle
quote:
My advice was finance
quote:
Never become a Dr. for the $
Posted on 4/23/14 at 10:33 am to barry
If there is doubt go to business school.
The great physicians that I know all say that being a physician was a calling and there never was another choice for them.
The great physicians that I know all say that being a physician was a calling and there never was another choice for them.
Posted on 4/23/14 at 10:36 am to RedRifle
If I was going back to school I'd:
1. Major in economics
2. Try to get a couple of internships
3. ???
4. $$$
1. Major in economics
2. Try to get a couple of internships
3. ???
4. $$$
Posted on 4/23/14 at 10:37 am to Goldrush25
MD as a general practitioner ... the feds will pay for his schooling in exchange for a few years in a rural or urban setting ... then he can go where he wants ...
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