options for physician with MBA
Hello. I am new to this website. I am a physician in practice, well established, have decent but not amazing income. And have hit a plateau regarding income, promotion, etc as well as the many frustrating constraints of practicing medicine today.
For years I have thought of getting an MBA. For practical reasons I should probably keep my job and get the MBA either part time or executive MBA while working. I may also be "too old" to do a 2 year full time MBA, as I am 49 and female. If money was not an issue (just fantasizing for a moment) I would quit my job and do the full time 2 year MBA. However, no one supports me since I am not married.
I am inquiring what realistic options I could have afterwards if I do an exec MBA at e.g. MIT, or maybe Columbia. Versus if I do a part time MBA at NYU Stern or UCLA (fly in once a month to LA from east coast for 3 years). Versus if I could ever pull it off and do a 2 year full time MBA at a top tier school.
My original path in college was economics and finance, with a plan to go to business school and do finance as a career. However, mid way through college I became good friends with 2 premed students, discovered I liked the sciences, and switched to premed and now am a physician with a stable job and good income.
Many decades later, I have a sense of incompletion in myself by not doing the finance and MBA path. I want to professionally develop as much as I can, and make a higher income from where I am at. I am ready for bigger and better things now.
It was ironic that I went to medicine because my natural strengths since I was 4 years old was always mathematics. It came so easily for me and I loved it as child and adolescent, it was fun and games for me. Reading, writing I worked hard at and can do it now because of med school, so much reading and memorizing. It just was not a natural strength. I have obviously learned how to function in the professional office environment and know how to get along with all people just fine, and enjoy getting to know people in the office. People of all types of jobs, from the cleaning lady from Ghana to the CEO. I enjoy learning from other people, and constantly desire to change and evolve my ways of being, looking at the world, changing my values, etc. As well as evolving my own consciousness, and awareness of the world.
The advice I have received is to keep my job, do an exec MBA locally (Northeast USA). That there is not much change I can accomplish and that something with financial skills is not realistic. I would love to study finance, entrepreneurship and investments if I go to business school. It simply interests me the most. I find finance to be quite interesting and, as I said, I am good at numbers, hardcore analytical skills and math.
I would love to transform my life professionally, perhaps have more control of time and life, but of course use as much as I could from my medical background since that is my advantage if I were to enter the business world.
If you have any suggestions, recommendations, etc. regarding anything- MBA, which type of MBA, which particular program, career possibilities. I would GREATLY appreciate it. Thank you very much. Happy Holidays to everyone.
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