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Old 13-12-2024, 04:10 PM
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Question for the finance bro or anyone who has an opinion. I am someone who is academically strong (90rp etc etc) but i am not the 1 percent in terms of intelligence ie im not smart enough to win Olympiads. I hold a med school offer but could get into a top school for econs if needed

I am debating betweeen a career in finance or Medicine. If i pursue the former I likely wont be able to break into any quant firms or hedge funds. Regular BB IB loses out to Medicine in the Long Run so dosent seem to make as much sense to pursue that. If i pursue the latter i feel that I would be able to acquire a high value skill set. I am also relatively business and financially savvy so I would be able to start a clinic or invest money aggressively so my wealth would hopefully grow over time.

The question is Medicine vs Finance and I am concerned abour risk adjusted return rather than just starting pay
Question is can you be a specialist that’s what you need to ask yourself. And also do you have the patient to slog through residency before you see the big bucks.

Otherwise to be honest a GP earns less than investment bankers. Even B4 lawyers make more than GP.

A salaried law partner in B4 with 12 years of experience can reliably make 400k a year while a GP peaks at 250k-300k a year.

There’s no way to further increase your salary as a GP unless you open chain of clinics which is not guaranteed. Millions is possible if you make equity in B4. High 6 figures possible if you move become head of legal in-house role. Simply put, the options are more palatable in Law rather than medicine assuming you end up as a GP/FP. Which sadly majority of med students (80%) end up as.

Just look at majority of posters lol.. all are disgruntled GP/FPs. This is already a warning to you to avoid med if you don’t want to be a GP/FP
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