Give up medicine for ibanking? (Undergrad at Northwestern BS MD)

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Hello,
I humbly ask for any advice from anyone who's the least bit knowledgeable or qualified with either subject at hand.

I'm a high school senior matriculating into Northwestern University's accelerated medicine program. The program gets me through undergrad in 3 years and then a direct acceptance into Feinberg Medical School. I applied because I'd always wanted to be a doctor -- specifically a plastic surgeon. However, as I began looking into other careers, and profusely talking with a banker, I realized that investment banking is a stunning world. Unfortunately, the only "target" universities I was accepted into were Dartmouth (which I do not intend to go to, it's me not them), and a waitlist at Princeton which is all but a rejection in disguise.

Is it *worth it *to do everything I can to transfer out of Northwestern BSMD into a "target" university by the time junior internships a.k.a preliminary recruitments occur at top firms?

Is it even possible to get to Wall Street, specifically New York over Chicago firms, as a Northwestern Undergrad? And by possible, I mean a percentage greater than "well there were two guys who came from..."

Here's a breakdown of pros and cons from my vantage point:

Staying at Northwestern BS MD

Pros:
- The EASY EASY path.
- Guaranteed admission to a top medical school, meaning I can do whatever the hell I want (and by that I mean take extra classes in management/econ and eventually make more money as a doctor by opening my own practice or moving up the ranks in hospital management)
- Parents are surgeon and dermatologist, so I have lots of insider info as well as connections.
- It's guaranteed that I'll eventually be a doctor. As a specialist I could make 200K+, if I pursue surgery then income opens up to 400+
Cons:
- Someone remind me why I wanted to do medicine.
- I don't make money until YEARS after my bros who are balling in tech and finance. Or even engineering. This is a sad prospect.

Transition to Finance
Pros:
- Finance is the wholesome path of absolute glory. A James Bond film, but smarter, edgier, and with Sean Connery instead of Pierce Brosnan.
- Money flows in fast, right out of undergrad.
- Diverse exit opportunities, finance and banking lends well to so many other career advents.
Cons:
- Transferring to a target school is far from guaranteed. I have some application hooks like a novel that's going to be published, but even that itself is a crapshoot.
- I have no idea what the shit actually goes on inside the glass skyscrapers nor do I have connections.

PLEASE HELP. I AM DESPERATE for knowledge/info/advice especially because I'm walking in with 0/20 vision when it comes to finance. If any altruistic soul truly wants to give specific advice, message me and I will hook you up with my resume/stats so you can better gauge my position.

I really appreciate it.

Thank you.

Comments (109)

 
Mar 29, 2018 - 9:20am

You're right, it's not. Long hours, excel can get very dull, sucking up to pretentious superiors, etc. Hell, you know more about this than me.

But when placed on a spectrum of possible careers, it's the one I could imagine myself doing the most. Especially at this moment, where I haven't been directly exposed to any vocation and need to decide what path to pursue.

 
Apr 3, 2018 - 3:59am

Excel can get very dull, but thats still better than choosing between R:221 G:69 B:97 pink and R:222 G:70 B:96 pink on power point for your colorblind MD.

That said medicine is definitely not for you if you dont care about people/others. Something to consider is doing heath consulting/healthtech startup/healthcare IB -> HC PE/VC after med school if you do not want to be a medic but want to work on somewhat related.

 
Mar 29, 2018 - 5:23am

Why did you work so hard to get into Medical School in the first place? You do understand that you are fortunate enough alone to be accepted into a prestigious program, that being medicine. It is far from an "easy" path...I am not sure where you got the "easy" part from, crap hits the fan more often...then some say. Also, the steps and board exams alone are tough.

Being a doctor is a privilege, to help those in need. My childhood friend is one, and he still loves doing what he does, but have had options to choose a different path many times..however he sought out to help humanity, which is admirable.

If you want the easy path, go be a pharmacist. Easy hours, six figure salaries, easy money. All you do is count drugs and put it in a bottle...with less debt and crap thrown at you to deal with, literally. If you can walk into a patient's room that crapped themselves and homeless/high on drugs, not a pretty sight...you get the idea.

If you are walking in essentially blind, I would not pursue this at all. Going in envisioning a fictional character of a franchise is...not a good idea, either. Also to mention, the debt involved. You figure that with finance, there is no "GUARANTEED" job at the end of the program. It comes down to your networking skills and if people like you or not.

You have a better chance at paying off the massive debt you build up over the years in medicine as opposed to finance. Many people have failed and sought alternative careers.

You're still a high school senior. At this point you haven't gotten your feet wet yet. I think you are just confused, or that "banker" you are talking to is painting a picture that looks pretty...kind of like "tweaking" that GPA from a 3.46 to a 3.5.

Take a gap year, go find yourself so you don't waste 100k+ in tuition and realized it is not something you want to do.

Good luck kiddo.

No pain no game.
 
Mar 29, 2018 - 10:18am

H13x Thank you for the insight. I really do appreciate it.
So basically: "Go through at Northwestern, if you begin to dislike it even more, get a gap year and figure shit out. If finance still appeals, understand what happens, what it takes and make connections before going in."

But to explain something, and a follow up question (if you don't mind giving me your two cents again.)

Explanation: The big issue with medicine isn't the grittiness. The humanitarian aspect is great, the late salary a drawback. But it's the actual, physical mechanisms of the job that are uninspiring.

Q: For the gap year. How does one "find themselves" vocationally? It seems like gap years are for broadening the horizons in your determined field (I was originally going to take one to study medicine in Germany with their tech and drug development). But if I wanted to use the gap year to intern elsewhere and get an inside look, an internship isn't even feasible unless I've devoted 2ish years of study and extensively connected? It sounds ironic, but it seems like I'm running out of time before another career path slips away, maybe for the better, but maybe not.

Q: "Many people have failed..." This is a very good point, but I think it can be applied to any high powered career. And I won't have a guarantee like med school --> doctor, but can't anyone literally improve themselves to the point where they're at 90% odds for getting the job? Or is this simply impossible with finance due to the sheer extent of people who are already connected, mathematical geniuses, or downright will cut your throat to get a position.

Thanks again for your time.

 
Mar 29, 2018 - 7:01am

You're focused way, way too much on the financial side of the equation and you want it now. Money can only do so much for you and you ultimately just need to be happy with yourself and do something that you are passionate about. I know it sounds trite, but you need to "Do what makes you happy, otherwise you're not going to be very good at it".

So if medicine doesn't make you happy, fine - go find something that does. But don't chase finance just because you want the money/lifestyle. That's a recipe for disaster.

 
Mar 29, 2018 - 12:18pm

That’s very hard to say, it’s like asking for the meaning of life. Some thoughts:
1-realize that the person you are now is not the same person you will be tomorrow. So your tastes will change over time and you should be prepared to pivot

2- you need to expose yourself to a variety of people places and things to know what you like and don’t like. Ultimately you need to experience these things

How about a trial run? Why don’t you sign up to take the series 3 and/or series 65 exams? You can do that today with very little financial investment. Give you a small taste as to what the licensing is like and get you on some FINRA mailing lists.

 
Mar 29, 2018 - 10:36am

Well said GoingToBeAnMD

OP, your sense of purpose is going to be MUCH higher as a doctor. Most people in this forum know that Wall Street isn't exactly charity work but a lot of us have an end goal in mind so those first few years are more bearable.

You've been granted a really great opportunity. Don't give that up for a quick dollar (or several). Lol.

Good luck!

P.S. How did you get guaranteed admission to med school without taking the MCAT? Just curious as my girlfriend is going through medical school process and would be interested in hearing. If the explanation is too much to type feel free to send a link.

 
Mar 29, 2018 - 11:27am

@BDWK,

Thanks for the response, especially as an insider (you work in consulting?). It's good insight. And it's not so much the quick dollar as it is the lifestyle -- but I suppose that seems equally foolhardy.

To return the favor, BS MD programs are special programs for high schoolers who want to become doctors. Northwestern's program gives the opportunity to go straight to Feinberg after three years of undergraduate. I didn't take the MCAT, but had to present a shit ton of extracurriculars and go through an interviewing and application process like the typical medical school one. Of course at this time, I was too focused on wanting to become a doctor to realize that it may have been the wrong track.
I'm really sorry but I don't feel qualified to give any advice on the actual med school application process.

Thanks though and if you really need burning questions answered, message me individually and I can ask my parents (surgical oncology, dermatologist).

 
Mar 29, 2018 - 11:03am

Given I have two brother-in-laws who are 2nd and 3rd year residents, medicine is FAR from an easy path, probably significantly more pressure packed and stressful than many (if not all) finance jobs.

 
Mar 29, 2018 - 11:38am

2trickpony

Thank you, but I should clarify. Medicine for me is the relatively easy path to pursue. Not necessarily work in. Program gets direct admitted to Feinberg med school, and huge exposure and connection with parents as doctors.

In your opinion, as a certified user, analyst and insider, if you don't mind answering, would it be more prudent for me to stay in the Northwestern program and go onto medical school? If I do this, but it doesn't work out, do I still have a chance in Wall Street finance? Because the system seems incredibly structured. "target" school --> junior intern --> analyst... so it's almost as if I have to decide by the end of 2018 or I'll be out of time to make the switch.

Thank you very much for your time.

 
Apr 2, 2018 - 4:11pm

What it comes down to is your appetite for risk. You got accepted into some good schools, but you have yet to even experience a college course, let alone one specific to Econ, Accounting, or Finance. There are plenty of smart kids who can’t get these subjects to click. You have certainty pretty much laid out for you, but it sounds like you’re not so sure if you want to take the “easy” path. You want something more, and I think that is specifically to not follow directly in the foosteps of your parents; you likely want to define yourself. That’s ok. However, be careful about rushing into a high stakes race into the world of finance. IB in NYC (general), Houston (energy), or San Francisco (tech)is almost impossible to get into, and you will have to not only dominate in your classes, but in extra curricular as well, and work your ass off in internships to even get a chance. Even then, it is not guaranteed and you could end up in a back office somewhere.

For the love of all that is holy, DO NOT GET INTO IB FOR MONEY. Be sure that you can find motivation, even in the depths of hell, for the career other than money. It is not for everyone and it will test you very hard; so will medicine, but the culture in IB is more cut throat.

If you feel it in your heart, then you should pursue it. I know I’d hate to be a doctor after both of my parents were. I’d personally feel like I was selling out and not brave enough to blaze my own trail, but that’s just me. It is your decision in the end, but if you choose to do the IB route, you better make your time in undergrad count and do everything you can to stand out.

 
Mar 29, 2018 - 3:27pm

"Gap" year means taking a year off before pursuing your 4-year college/university degree (or Masters program, in some cases).

2trickpony, BDWK , GoingToBeAnMD - I think his mind is made up. He will have to find out for himself. Also, the FAQ section and there is a MCAT question too. http://www.feinberg.northwestern.edu/sites/hpme/faq/index.html - Apparently if you have excellent grades and course requirements, you can bypass MCAT unless you are looking to go into the MD/PhD.

The problem with jumping into a field like life sciences, then opt out to jump into finance...well, you are competing against those who probably have internship experience/networked well, and got in through traditional channels.

No one can decide the "correct" career path for you, you need to figure that out. We make choices in life, some good - some bad. The bad ones we learn from it, or that's the idea.

No pain no game.
 
Mar 29, 2018 - 3:51pm

H13x Ok thank you for clarifying.

Based on what I've read, I do have a decision but it's very much a "wait and see" approach, including potential finance ecs/courses and maybe a series 79 exam (thank you GoingToBeAnMD ).

I'm aware of the competition and adversity, but if I end up making this decision by end of freshman year, I should be able to mitigate the disadvantages. At this point, I just need an inside opinion on whether Northwestern or an undergrad med to finance transfer is a hopeless case when it comes to New York firms.

Thanks.

P.S. She, not he.

 
Mar 29, 2018 - 3:59pm

You will be fine at Northwestern.

Try taking a class in finance or two while doing your STEM classes for medicine. If you like that, then go for an internship during sophomore/junior year and see how the experience goes.

No pain no game.
 
Mar 29, 2018 - 5:16pm

I am assuming you want to do IB (sellside) and then get into Private Equity (buyside). You can probably get into IB from Northwestern as long as you hustle (get good grades, do internships and network with alumni).

Medicine vs. IB - I believe that the average specialist doctor will end up making more than the average person going into IB. Getting into IB is tough, but it is even tougher to move up the ranks of an investment bank/private equity fund. Hence, most IB analysts will move on to a corporate position with better work life balance but lower salary.

That being said, if you can get to the top of an IB (aka become a managing director) or a PE fund (aka become a partner), you can make millions per year. But, that is not the median case.

Hence, it is up to you to decide. The competition in either field (medicine/IB) is stiff so you will have to figure out quickly what you want to do and hustle.

 
Mar 30, 2018 - 11:54pm

speeddemon:

I am assuming you want to do IB (sellside) and then get into Private Equity (buyside). You can probably get into IB from Northwestern as long as you hustle (get good grades, do internships and network with alumni).

Medicine vs. IB - I believe that the average specialist doctor will end up making more than the average person going into IB.

Yr1 Analyst IB
Med School Yr 1

ummm no

4 years of med school, then 4 years crappy residence pay

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

 
Mar 30, 2018 - 1:28am

Life is too short. You gotta do what you really want to do, so listen to yourself and not others. To be successful in any field you need to be passionate about that field so you don't burn out in the long run. You can't just figure out what you want to do in life by just going online and reading forums. You need to actually get out there and see if you like it (Volunteer, internships, self-study). A strategic solution in this situation would be to major in engineering (life sciences will also work), take the required pre-reqs for med school, and do finance self-study on the side. This way you will have your feet on both sides and have time to figure it out. Or you can even take an extra year to get a double degree (Like Elon Musk - Physics and Econ). Good luck.

 
Mar 30, 2018 - 12:12pm

For one banking is achievable from Northwestern and it's a Target for Chicago offices and semi-target for New York. Your easiest option if you want to pursue banking is to transfer to econ, join the ib club, and get the Kellogg certificate. Also getting a good finance sophomore year internship is pretty much necessary to get a good junior year one. If I were you however I would stay in the medical program given how prestigious and difficult to get into it is.

 
Mar 30, 2018 - 4:59pm

ArseneWenger
Thank you. That was very helpful.
I'm not sure I'll make the switch unless medicine poses serious problems. Nonetheless, it's good to know that Northwestern has finance opportunities like the IB club, Kellogg certificate or MMSS and a decent alumni network. As for a sophomore internship, when or if the time comes, I may end up at a Chicago firm, and start from there before going to New York.

 
Apr 2, 2018 - 4:13pm

I'm sorry, but this is a bit rude, so I must address it.

What I want to pursue, or how much money I would like to make has NOTHING to do with my parents. I am extremely lucky that they are able and willing to pay for tuition, albeit they still want me to take loans (which I will) so I can be learn to be financially responsible and grow up.

With all due respect, this comment is ridiculous. I'm going to give it my all to become a successful proffesional like a MD (or banker) and make my own money, before even considering asking my parents for more than the 300K+ for undergrad.

 
Apr 2, 2018 - 2:43pm

why dont you stick out the med degree with the possibility of doing a finance masters degree at the end if you still want to go that route?

 
Apr 2, 2018 - 3:58pm

I would honestly disagree. Perhaps you can argue for a slight shortage... but with all due respect, there is a shortage of MDs in some locations and certain fields, but a surplus of MDs in others. That's why many med students don't match for residencies in better locations/hospitals, or in fields like dermatology, plastic surgery, etc.

 
Apr 2, 2018 - 3:43pm

Stick with the medical track. You don't need a finance degree (of any sort) to break in. In fact being an outlier/non traditional candidate will probably help you if anything. You can land internships and offers while pursuing your med degree, and fine tune your career decisions as you progress and learn more about the industry.

 
Apr 2, 2018 - 3:42pm

Please go into finance. If you are torn between the two, give someone else the med school slot who actually loves the profession and wants to save people's lives. You would actually be doing a service to humanity by not choosing medicine if you're really not passionate about it.

There are too few med slots in this country, and this world doesn't need them filled by people just looking to make a buck.

On a side note, just accept Dartmouth. In banking, you have to do a lot of stuff that you don't want to....it starts here.

 
Apr 2, 2018 - 3:55pm

With all due respect. I understand how my initial post could have come off as a bit callous. But I feel one can comprehend my situation better when reading through the rest of the thread, but people are busy and I appreciate any advice, so I'll give more specifics here.

I said that "the humanitarian aspect of medicine is great, the late salary a drawback. But the problem is with the physical mechanisms of the job" in particular an application of the biological sciences (not anatomy) which I'm finding more uninspiring the more I look into it.

I'm not looking to just make a buck. Financial success would be phenomenal not going to lie, but again "on the spectrum of possible careers, finance and medicine are the ones, that I could imagine myself doing the most, for numerous reasons."

As for Dartmouth, not sure that analogy applies but thank you.

 
Apr 2, 2018 - 4:16pm

If caring about the humanitarian part is really one of your top motivators, there isn't much to think about here....and I did see it buried way down in the responses which is likely where you rank it in your priorities.

That's cool most people are like that, but if the human element is not in the top two reasons for entering medicine, it's the wrong profession for you as it will involve working every day with people in pain, disease, and crisis. Let someone who actually cares do that job. The rest of us can just do banking nothing wrong with that.

 
Apr 2, 2018 - 5:06pm

Yes - you can get an IBD job from Northwestern.

My girlfriend's a doctor and I went into Wall Street.

Be a doctor.

The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
 
Apr 3, 2018 - 5:01am

Yes. You can get typical Wall Street IBD jobs from the usual suspects, in New York and Chicago, coming out of Northwestern.

PM me if you want. I strongly think that if you have the brains and the vocation for medicine, you should not sacrifice it for something like IBD.

The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
 
Apr 2, 2018 - 6:24pm

Dude my sister has been trying to get into med school for three and a half years now after she graduated undergrad Physio. You get direct admission into medical school.
Do you understand what that means? If you stay on this path, you will literally be "more successful" than 90% of ugrads who go into finance.

A lot of things you say make me think this is a troll post ("jeepers, being in finance sure would be GLAMOROUS" and "is it POSSIBLE to get into banking from Northwestern? A VERY VERY VERY good school that puts people on wall street every year???")

If it is, congrats. I am well triggered, and you didn't even have to try very hard.

If it's not, then you're just a very strange person which means you will do really well as a plastic surgeon.

 
Apr 2, 2018 - 6:37pm

Please read my replies on the rest of this thread, before FALSELY ACCUSING or ruining my ethos with people who are trying to help and maybe understand the situation I am in.

Refrain from calling me a strange person if you will. And understand that by plastic surgery, I don't mean the cosmetic route.

For people who still need proof, pm for my acceptance letter, pm me.
Help me if you want ( I REALLY APPRECIATE EVERYONE WHO HAS), or get off this thread and mess with another girl.

 
Apr 2, 2018 - 7:08pm

Don't be an idiot. Just because she has direct admit doesn't mean jack shit as to whether or not she should go through with it. If your tag is correct and you're an actual IB analyst, do you think you would accept working a BO position at a BB, even though they're more successful than a lot of other people? No, because you wanted to do something else. chill out and don't let other people's decisions with what they have trigger you so much Jesus

 
Apr 2, 2018 - 8:45pm

Howard Hughes
Thanks for the support. And yeah, if I end up switching to finance, I hope I can fight hard enough for something more than a BO internship or position...

IBERST
Sorry about your sister, it must be frustrating. Really do hope for the best for her, and I think I now comprehend where your malaise with this situation comes from, so I apologize for reacting unkindly.

 
Apr 2, 2018 - 7:41pm

It's worth pointing out that going to med school doesn't in any way stop you from ending up in finance. Assuming you're okay with ending up working in healthcare IBs, Consulting firms, and VC funds love former doctors for their healthcare teams. I've worked with 10+ former doctors in my career. It's actually a pretty common move if you get burnt out--google "drop out club". Understanding a pharma or device company often requires a strong foundation in basic science and medicine. It's hard to develop that understanding without a formal education. In contrast financial and business knowledge is relatively easy to learn and most banks / consulting firms have programs set up to teach you the basics before you start. If you can combine the medical side with a basic understanding of finance you should be all set if you decide to make the move. A friend of mine just left her Ortho residency for BCG with no background of any sort in business. It's a lot harder to go the other way especially if you weren't pre-med in undergrad. I worked with a guy who did it (with a biz degree and several years in finance) and it took him literally years of night school classes before he was even ready to apply. Ultimately he was able to get into a top-tier med school but they pain he had to go through to get there is not something I'd recommend. Even if you're dead set on finance now doing pre-med and even med school isn't a terrible idea. If you're unsure I would stay on the med school track as it is much easier to move from Med to Finance.

 
Apr 2, 2018 - 8:54pm

BroCal

Thank you, this is a good point and I think I'll take it as the ultimate back up plan way way down the line after choosing to go into med.
For now, I want to make a decision to go full out mD or ibanker, because the most appealing aspect of each career seem mutually exclusive. But, what you stated makes a lot of sense, so I will definitely consider in the future.
Thank you very much for the insight.

 
Apr 2, 2018 - 10:13pm

I started out my undergrad as pre-med at a school similar to Northwestern, then realized ~sophomore year it wasn't what I wanted to do - I was set on banking. I interned at a top BB the summer after my junior year and realized banking was certainly not for me, so take that for what it's worth. Luckily, everything worked out, and I found a career that I've loved (in its short duration so far) in quant trading.

Array
 
Apr 3, 2018 - 12:01am

I was once in your shoes (premed biochem major pretty much on track to get into med school (family connects etc) but then realized medicine was not for me and bailed hard for banking (no connections either) so hopefully I can try and help out with some advice (and sorry if I start ranting).

Couple of things to think about- don't do medicine for the money at all. You will not see any of it, especially considering that physicians (as your family can tell you) are being reimbursed less and less plus people are way too eager to sue you for anything. The golden days of medicine are long gone. If you are already hesitant now, then once you get slapped with HOURS of homework trying to piece together chemical structures- you will hate yourself. If you want to help humanity etc, join an NGO or you can even be that guy who invests in new research, starts philanthropic foundations etc if you go down the finance road. However, if you really absolutely love helping people and are okay with making money when you are literally 35, then go for it ( also -$1,000,000 at least if you factor med school costs plus opportunity cost of being in school versus making money in Main Street- forget about WS).

I am sure you have done this already, but if not, try and read up on some ochem, physics etc because those courses are going to be your life and they will SUCK. At a college level, this will be way different than what you are used to in high school. Oh and your colleagues will also try and screw you over if you are graded on a curve and purposely give you wrong answers...

When it comes to the hours, doctors, especially surgeons, do not have a casual 9-5. Dermatology is really tough to get into regardless of who you know because it also matters on how you place after taking USMLE Exams etc. Imagine being a surgeon and it takes an extra 2-3 hours because of complications (because life is never that simple). 2am when you get home and OH YEAH, you have new patients to see at 8am the next day. So if you are worried about "rough" hours when considering between medicine and banking, don't, because they will both be the same.

Just some food for thought as going into med school halfheartedly is not a good idea and you will 100% be miserable- of course it will all boil down to what YOU want to do and please make sure it is not because of your parents or anything like that. NW is a really good school and people change their minds all the time. If you can talk to administration, I am sure they will fersure help you out.

Best advice would be to take a gap year, do an internship at a hospital and an internship in finance to see which field you like better.

Oh, and if you have time, read "Confessions of a Surgeon"- it will really give you an amazing insight into life as a doctor and if it really is for you.

Good luck!

 
Apr 4, 2018 - 11:13pm

My fiancee is a 3rd year medical student and is planning on doing oculoplastic surgery. She was in the same boat that you were in, admitted to a very prestigious medical school out of high school, and had known since she was 4 that she was going to be a doctor. I will tell you right now that getting into med school, even the prestigious early admittance program, is the easiest thing you will do in your academic career in medicine. Pretty much once a month for the past three years she has wanted to drop out because being some resident's bitch on your rotations sucks so hard compared to anything you will experience as an undergrad. But, every time that I ask her what else she would rather do, she remembers how much she has wanted to go into medicine for her entire life and sucks it up.

Before her senior year at our undergrad, she did a banking internship at a boutique healthcare shop in NYC, just to do something different before being in medicine for the rest of her life. She wanted to basically get a taste of making any amount of money before turning 30. She liked it, but it was not enough for her to change her mind or forego her acceptance to med school.

That is what I would recommend you do as well. You know you are accepted to a great med school, so use your summers to explore any possible other careers that you think could persuade you from medicine. If you think banking is as glamorous as it sounds, I'm sure a nice summer analyst role will smear some shit on the rose-colored glasses you are wearing.

Northwestern is a good enough school that you will be able to find successful alumni in whatever field you decide to go in. I wouldn't jeopardize your guaranteed admission to med school just to look and see if the grass is really greener in finance.

 
Apr 3, 2018 - 9:47am

Become a Doctor - no questions asked. As you age, the financial and job security will be appreciated by you and your family.
IB is overrated compared to become a Medical Doctor.

Sayonara
 
Apr 5, 2018 - 8:12am

I've seen a lot of MD's working at VC Funds. The knowledge you'll gain in med school with give you more education than you'll need in a lifetime. If you have a knack for business and want to go that route, it's always on the table. MBB hires a lot of MDs. You could spend a couple of years there and then make a move towards VC. Entrepreneurship is also always an option. Look up some founders for healthcare and pharma startups - most are MDs. Look up C-Suite at top pharma companies - most are MDs. You'll have much more professional autonomy and control over your life as a MD than as a Banker.

Sayonara
 
Apr 6, 2018 - 5:48pm

With a degree in medicine you will have skills that most bankers do not have (even if it's just an undergrad degree). This also means that a lot of IB teams will be looking for people like yourself.

I am no expert but if I was a healthcare consumer IB team I would be more interested in hiring you than an English lit major. You will be able to bring experience on day one.
Not only this but you will bring your passion for finance and your interest for medicine together. Hustle and start meeting people to get internships I don't see why the two are not compatible. You just have to sell the story of your passion for finance and medicine have led you to work in healthcare IB. Great combo - if I were your age that would definitely be one of the best kick ass sectors I'd be looking at getting into.
I like your replies to the trolls above in this thread as well, you are much better grounded than I was when I was your age. Something tells me you'll have no issue succeeding.

PS: forget the masters in finance etc.... that's if you didn't realise you wanted to do banking until your last year of undergrad.

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