I hope you are well. I'm currently finishing my first year of medical school, and am thinking of leaving medicine for finance (PE, VC, or IB, if possible).
Some background: I was Phi Beta Kappa from a target undergrad, and graduated with slightly over a 4.0, but studied biology. I'm currently at an Ivy med school.
My primary question, which I've been thinking about over the last few months, is how best to move from medicine into a career in finance. My thoughts of what I could do are as follows:
- MBA - Apply to my school's MBA program (not M7, but close), which I'd complete in an extra year between 3rd and 4th year, and finish in fourth year. This seems like an okay option, but the downside is that I would need to continue in medical school for two years until I can start the MBA. The main drawback I foresee is that I would be spending my time studying medicine instead of building a career in finance.
- Apply for a master's in finance. I'm too late to apply for the upcoming year, but could in principle apply for the following academic year. Pursuing a master's in the near future would require me to drop out of medical school.
- Apply for summer internships in the upcoming cycle, which I believe would require dropping out of med school to pursue.
Regarding a career, I don't really have any desire to incorporate medicine into a career in finance, but would be willing to do so if it would help my career. Could I please ask you which option you think is best? I don't imagine that my list is nearly exhaustive, and I would love any suggestions and advice you can offer.
Lastly, if you think that staying in medical school and doing an MBA is the best option, what would you advise I do to de-risk myself and prepare myself for a career in finance (e.g., CFA exams)?