is derma a superior option to ib?
i know there are other threads regarding finance vs med school and thats been hashed out and done to death, but i havent seen them focus on overall quality of life and derma specifically. If we go by this sites average reported all in comp for all the positions and assume the standard time between each one, would dermatology be a competitive alternative to the ib route? If we assume you go to med school followed by the 3 yr residency , and that all education is funded by parents so no debt, and you are making 400k each yr in someplace like arizona at your own practice... if we factor in taxes, cost of living, and hours worked.. wouldnt derma come out as the better option for overall life quality?
in case anyone asks or if its relevant, i dont have exp in either industry. i withdrew early on from a target and am unsure what to do in the future or what path to take(am i screwed for ib anyway since if i went back now id be in my late 20s finishing undergrad at a target?? How unlikely would it be to even land an analyst role at a bb .. i know kind of tangential question).
thanks
All you kids choosing careers based on money they make today are gonna regret it.
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You're completely missing my point. All current projections of almost anything will very likely be totally off.
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Derm is one of the hardest specialties to get into. Unless you can manage to be at the top of the top of your class in med school, your chances for derm are slim to none.
The second half of your post is important though. Regardless of your chances for derm, if you truly enjoy/are fascinated by medicine and your parents are going to pay for the whole thing (wtf?) then I would go for it. The massive student loans are always a large factor on forums that discuss finance vs medicine. If you can go into medicine without the 250-500k debt load, I say go for it. Worst case you hate it, practice for five years, save your money, and use your savings start a business doing something you enjoy.
Key words though are “truly enjoy/fascinated by medicine.”
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