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How is life as a doctor in Singapore?

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  #6101 (permalink)  
Old 23-09-2023, 10:53 AM
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Taking my A levels this year. Can I check med/law/comp sci which one would be the best in terms of financial remuneration? (I am ok with long working hours)

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  #6102 (permalink)  
Old 23-09-2023, 11:09 AM
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Taking my A levels this year. Can I check med/law/comp sci which one would be the best in terms of financial remuneration? (I am ok with long working hours)
Law. Go into finance.

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  #6103 (permalink)  
Old 23-09-2023, 11:16 AM
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Taking my A levels this year. Can I check med/law/comp sci which one would be the best in terms of financial remuneration? (I am ok with long working hours)
Law and med is passť.
IT and finance - they are the ones buying bungalows and ruling the world now.
Doctors are at the end of the day slaves to a system that caps their pay now.

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  #6104 (permalink)  
Old 23-09-2023, 11:38 AM
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Law and med is passť.
IT and finance - they are the ones buying bungalows and ruling the world now.
Doctors are at the end of the day slaves to a system that caps their pay now.
Thanks for the insights. Why is med still so oversubscribed year after year?
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  #6105 (permalink)  
Old 23-09-2023, 11:45 AM
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Thanks for the insights. Why is med still so oversubscribed year after year?
Because for the most part, itís a noble profession

Once in a while, thereís some disciplinary bad news, but happens to all industries
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  #6106 (permalink)  
Old 23-09-2023, 11:50 AM
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Taking my A levels this year. Can I check med/law/comp sci which one would be the best in terms of financial remuneration? (I am ok with long working hours)
U need to ask yourself.
Are u stellar or average?

If average I suggest med sch.
Coz a doctor base is higher, than lawyer base or programmer salary.

For bottom 10th percentile, salary of post grad 10 years, doc is abt 140k, lawyer 120k, com sci 90k. The top 10th percentile is inverse though. Com sci + start up = gcb

If you r super entrepreneurial, then maybe IT. But now all the start up financing has dried up. Hopefully when u grad, it will be better again

law is winner takes all. Either u go international boutique or big 4 firm or eek out an average salary in Chinatown firms. If you r stellar, law or com sci are better.

Also, med sch is easier to study.
Coz it is a mainly a pass or fail system.
No need to stress over As. Cs r good too.
The lousiest student when grad is still called a doctor.
I tried v hard to fail in nus med but didnít fail.

Would choose med over law or com sci any day.
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  #6107 (permalink)  
Old 23-09-2023, 11:51 AM
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Thanks for the insights. Why is med still so oversubscribed year after year?
Ignore the trolls. The real reason is because of the solid employment prospects of medicine and the fact that itís a protected industry.

Simply put, the top 5% of Law/Finance graduates earn more than the top 5% of medical graduates, and at an earlier age. While the bottom 10% of medical graduates earn more than the median 50th percentile of Law/Finance graduates.

Essentially, Medicine has a very high salary floor; as long you graduate with a MBBS and donít fail.

Canít say the same for law/finance. Competition is cut-throat and even getting a first class honours carry little weight in interviews on top law firms/banks.

So if you want to play safe, just apply to Medicine.
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  #6108 (permalink)  
Old 23-09-2023, 12:00 PM
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U need to ask yourself.
Are u stellar or average?

If average I suggest med sch.
Coz a doctor base is higher, than lawyer base or programmer salary.

For bottom 10th percentile, salary of post grad 10 years, doc is abt 140k, lawyer 120k, com sci 90k. The top 10th percentile is inverse though. Com sci + start up = gcb

If you r super entrepreneurial, then maybe IT. But now all the start up financing has dried up. Hopefully when u grad, it will be better again

law is winner takes all. Either u go international boutique or big 4 firm or eek out an average salary in Chinatown firms. If you r stellar, law or com sci are better.

Also, med sch is easier to study.
Coz it is a mainly a pass or fail system.
No need to stress over As. Cs r good too.
The lousiest student when grad is still called a doctor.
I tried v hard to fail in nus med but didnít fail.

Would choose med over law or com sci any day.

Agreed. Donít do Law now. Seriously. Firms are now cutting trainee numbers due to the doubling of the legal training period. You need to understand that legal trainees are liability to the firm when they havenít passed the bar and have a lawyer license. If Firm A has a budget of $100,000 to take in 4 trainees in the past, with the doubling of the legal training period, if the budget remains the same. That will mean it can only cut its trainee number by half.

The market is already tightening now

Source: I am a second upper class NUS Law graduate struggling to find a job in a mid size firm. Only got offers from small Chinatown firms. Lan lan have to accept $1000/month as trainee allowance.
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  #6109 (permalink)  
Old 23-09-2023, 12:35 PM
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Ignore the trolls. The real reason is because of the solid employment prospects of medicine and the fact that itís a protected industry.

Simply put, the top 5% of Law/Finance graduates earn more than the top 5% of medical graduates, and at an earlier age. While the bottom 10% of medical graduates earn more than the median 50th percentile of Law/Finance graduates.

Essentially, Medicine has a very high salary floor; as long you graduate with a MBBS and donít fail.

Canít say the same for law/finance. Competition is cut-throat and even getting a first class honours carry little weight in interviews on top law firms/banks.

So if you want to play safe, just apply to Medicine.
Disagree.
If you have the grades to choose, do law/com sci.
Its not only the career prospects but the fraternity etc.
I can guarantee you that if you have the grades, you will earn at least 3-4x a doctorís pay and even 10x your juniors doctor pay AT YOUR FIRST JOB.
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  #6110 (permalink)  
Old 23-09-2023, 01:11 PM
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Disagree.
If you have the grades to choose, do law/com sci.
Its not only the career prospects but the fraternity etc.
I can guarantee you that if you have the grades, you will earn at least 3-4x a doctorís pay and even 10x your juniors doctor pay AT YOUR FIRST JOB.
Like you right
Yawns.

U sure u got a job or not or just some failure in front of a com trolling on the doctor thread?
Why dun go teacher thread to laugh at their low salary
Who look at grades nowadays as a determinant of 1st job salary at the competitive range
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