I am poised to begin my program at medical school this year in Sweden at Karolinska Institutet, which is a top medical school, and I will complete it after 5,5 years.
I feel dubious about this, primarily because I am disappointed with the salary I will receive and the thought of being stuck in Sweden, in a state owned hospital with weak remunerations doesn't seem quite as appealing as it did 12 months ago, when I embarked toward my goal and made my first stride.
As a Medical Doctor I will receive around the following reimbursements after 5,5 years studies at medical school:
54.000$/year for 2 years
72.000$/year for 5 years
100.000$/year for about 15 years
115.000$/year after that until I retire
This feels very lackluster, since the tax rate in Sweden is about 40% and the VAT is 25%, and the housing here is very expensive along with everything else.
I am contemplating going into finance instead, and I have been thinking about studying at Stockholm School of Economics (SSE) which is a target school in Europe with a high pedigree in finance, where I can get a bachelor + master in finance (total of 5 years). I will have to wait an additional year until I can enter (autumn 2015) but my salary prospect should be a lot better, and I don't have to slave around for the government as a businessman.
I have talked to my relatives about this, and they all think I am doing a mistake going for money. I want to hear Your notion about this. Am I doing the right thing entering Medical school or should I wait an additional year and subsequently pursue finance?