MOST COMMON COMPLAINT = Engineer starting salary. SEE BELOW Spreadsheet: docs.google.com/spreadsheets/d/1NADAVRnxTmaf1sYBG1BJXYMX2UJ2R6QZbJa0JjmUD4U/ Biggest point of contention are the starting salaries! Feel free to play around with the spreadsheet yourself. Here are the reasons for the starting salaries we used: There is limited data on STARTING salaries in these professions. For that reason, we have to use the data available, which includes AVERAGE salaries. For reference, MedScape salary data: www.medscape.com/slideshow/2018-compensation-overview-6009667#2. This is the AVERAGE for primary care and specialist physicians, not necessarily STARTING salaries. I have not been able to find reliable public available information on starting salaries for doctors, so this was the best approximation. If you want to change the numbers, go at it. For this reason, we have also set Engineers at $100k. Don't like these assumptions? Fantastic. Play around with the numbers. You'll find something similar. Main point = going into medicine for the money is NOT a good idea. Thanks for watching =)
Your assumptions are incorrect. I am a California licensed professional engineer with a Master's Degree and 20 years of experience. My current salary is about $100k, which is average in California. Most states pay less. The starting salary is about $60k (similar to the medical school residence). You do get a 25% pay raise when you get all your licenses, so you can buy liability insurance for your signature. Plus, you don't get pay for months while you are looking for other jobs when your project is over, which happens every 2 to 3 years. Most managers are business majors with very little engineering background. We are under constant pressure to cut corners if they think the user is not going to find out within the warranty period. When you are sick you don't spend 6 months shopping for the cheapest deal like a typical engineering project.
My mom never believed I could make it into medical school. Here I am, entering the fourth year and getting a scholarship for good grades. Take that, mom! *sob*
Okay but who would wanna be a doctor if they made like 60k a year . The money makes it more worth it too. Bc then all the student debt would take forever to pay off.
I think one of the most overlooked thing about being an engineer is that they don't often stay as technical experts throughout their career. Down the line, they have the option to take management role such as project manager, operation manager, safety manager, risk manager, technical manager etc. where they will eventually be promoted to executive roles which are some of the most lucrative career out there. That is something which most outsiders don't realize about being engineers. People severely underestimate the versatility thus the earning potential of an engineering career.
Yes, but these roles include a total different type of work. It involves a lot more company politics, desk work, boring meetings, paper work etc... also everyone wants to be the executive but only few can get the job..again this involves company politics. I agree with the potential of an engineering career but it is also overlooked that only few tap into that potential.
I'm an engineer, and this is unfortunately true. If you like constantly learning and expanding, it can be disappointing because you get further and further removed from the technical aspects as you get older.
True. I think it's because of the 'earning cap' - basically you eventually reach a max salary for your engineering position and the only way to move up the pay scale is to move into management. So I've been told anyway.
Those who get executive roles are a tiny fraction of total, most who stick with it will become senior engineers which is good six figures but not crazy
100%, and some people WANT to stay technical experts. Sure there are admin positions in medicine, but most doctors remain skilled technical experts throughout their entire career, and just hone their craft. 2 different worlds.
Sir I'm a plus one student , I'm confused whether I'm passionate in mbbs or engineering ! Actually I love technology and do things relates to it . But i dont know whether it's because of handling phone and laptop frequently . And i also wishes to do social service being a doctor. And also my parents concern is to make me a doctor . But i heard , a doctor's life is bit stressful ! Actually I'm a person , with overthinking and tension . So , can i manage being a doctor in future ? Also i like to do traveling and photograpy. I'm confused whether i could enjoy my life doing these things also being a doctor . Most of the engineering students couldn't find a job now . That makes me feared . Sir , i had taken biology science this year . So, can i get into IT field after 12th ? PLEASE KINDLY REPLY FOR ALL THESE QUESTION 🙏
@@damn4721 If you get a internship in college, you will have a job for engineering right after school. Why don't you shadow many different doctors and engineers so you see how they work, and if you would like to pursue that field. Engineers also are often richer than doctors, so if you really care about money there is that.
I’ve been a physician for almost 30 years. To try to improve my quality of life since long hours and sleep deprivation was killing me, I left my original practice but now I’m making 1/2-2/3 of my previous income. My petroleum engineer son-in-law is making more than me 5 years out of school. Obviously every situation is different but his lifetime earnings will likely far exceed mine and he works normal hours. He also appears to be on an administration track that could someday put him in the million/year club in another decade. I can only make more by working more whereas he can make more by being promoted.
I’m an OB/GYN. I was initially a solo hospital employed doc in a rural area. Only OB in the county for a while. Now in a multi specialty group in an urban setting in a state with lower average reimbursement. Still doing 1:3 call and spent New Years in the OR.
Great video! I'm a D.C. myself. I graduated in 1993, opened a private practice in 1996 and paid off my student loans in 1999. Our clinic (my L.M.T. wife and I) has had zero debt going back to 2000 when we paid off our business loans. And this year we paid off the mortgage on the building where our clinic is located as well. I only threw away 5 years to Opportunity Cost. Yay me!
I chose engineering for several reasons: 1) History, freshman English, French, math and science appeared to just be a continuation of high school. I couldn’t see any value added. I was good in math and sciences, saw that not everyone could do them, so I reasoned that they must be valuable and would pay well. 2) I was not motivated to study for studying’s sake: how was I going to ever use French, or history, I already spoke and wrote English? Why spend all the time and money studying with no apparent value. I saw many students major in history to develop great GPAs to use to get into law, medical school, but it just didn’t make sense to me at the time. In retrospect I was very short sighted, particularly regarding writing skills. I graduated and got a good job, but was shocked to find little use for most of what I had learned in engineering school. I had never been taught what was used in practice. I stayed on my first job for a year, my second for 7 years and my third for 35 years. Along the way, I did get a MS in engineering by going to school at night and got PE licenses in several states. Relative to a medical career my first job was like an internship, my second was like a residency and my third was like an attending physician. I earned a decent living, got married, bought a house, had children and am now comfortably retired, enjoying grandchildren. I did not become rich, I did not always enjoy work, but consider myself lucky to find an interesting and challenging career. People don’t realize the diversity of engineering disciplines: electrical, mechanical, chemical, aeronautical, welding, nuclear, etc; and segments and opportunities within the disciplines: research, development, design, sales, manufacturing, quality control, etc. I worked with them all. The most important things are health, family and liking the people with whom You work. No amount of money is as important as any of these!
The engineer’s lifestyle is better. Typically, their shift isn’t as long and they aren’t exposed to a sick population everyday as an integral part of their job. I applaud medical personnel for their courage, they can make all the difference. That said, engineers make a big difference too. Everyone wants bridges that don’t fall down.
if we're talking about making a difference, i'd (over)simplify things and say doctors are a big part of small individual wins (improving lives one at a time) while engineers are a small part of something that might work and be big (a chance to build something ultimately benefiting a lot of people)
Lifestyle better how so? Where's your data? Lots of engineers quit to become doctors for a better quality of life. Doctors don't quit to become engineers.
ILykToDoDuhDrifting because they don’t have to work as many hours. I work with engineers everyday. They make good money and are generally well respected. It’s not as sexy as being a surgeon, but only because of the tv shows making it look that way. I respect both professions. But doctors have very long hours, sacrificing family and social life. It’s a noble thing to do, but the sacrifice is not trivial.
maybe, one of the biggest points in the video was that engineers make a lot of money early on, which if invested properly, will equal a larger sum in the long run.
@@gauravnarodey8021 l want to be a medico but I wanna be a millionaire before 25y/o and follow my passion during degree so I'm planning to join in engineering and my parents don't care me about my future hahaha... No study pressure , no advice, no inspiration 😎
Dentist is a horrible investment. Like the worst. Pharmacy is ok if you can go to a state school but I’ve heard that the field is becoming way overly saturated with pharmacists so I’m sure the salary will go down soon. It’s already super hard to get a job as a new pharmacy grad unless you go to the middle of nowhere.
6:10 Never too old to enjoy your money. With all honesty, if my purpose in going into medical school is about the money, then I'd doing it for my son and parents. My parents don't have a retirement plan and I fear they will end up homeless. As for my son, I want what is best for him so he won't struggle in life the way I did growing up in a low income community.
Sir I'm a plus one student , I'm confused whether I'm passionate in mbbs or engineering ! Actually I love technology and do things relates to it . But i dont know whether it's because of handling phone and laptop frequently . And i also wishes to do social service being a doctor. And also my parents concern is to make me a doctor . But i heard , a doctor's life is bit stressful ! Actually I'm a person , with overthinking and tension . So , can i manage being a doctor in future ? Also i like to do traveling and photograpy. I'm confused whether i could enjoy my life doing these things also being a doctor . Most of the engineering students couldn't find a job now . That makes me feared . Sir , i had taken biology science this year . So, can i get into IT field after 12th ? PLEASE KINDLY REPLY FOR ALL THESE QUESTION 🙏
@@damn4721 if you didn't have maths you can't go for it and if you done your engineering from prestigious college so don't worry about job . in medical field you have to do master for good job or clinic
6 figures is actually quite reasonable (especially for computer programming). If you are serious about wanting to pursue engineering, you are participating in paid internships and coops (which easily pay you $20 an hour or more) during your undergraduate years. These undergraduate opportunities then start you in the networking process to land such starting jobs. Caveat, you have to be willing to live where the jobs are.
That may be partly because Dr. Jubbal studied computer science as part of his undergrad so he may be biased towards that area, which is on the higher-earning end of engineering professions as a whole. You can check for software engineer salary info. Lots of companies offer around a $100k starting salary, not counting benefits and bonuses.
no matter how passionate you are about medicine, if you don't have a *high stress tolerance*, you may not make it, and even if you do, it won't be worth the cost. anxiety and depression are a plague and can take months or years to recover from once you remove yourself from the situation that put you there.
I’m in highschool and I’ve watched a lot of your videos. I watched the one where you talked about the traits that would make a good doctor. I’ve only craved it more since then and Im preparing already for pursuing it. I’m hoping I can pursue my dreams and I have to thank you and other doctors on TH-cam for making me want to try to achieve my interests
I’m only a freshman at an undergrad(so idk much), but I’ve seen plenty of doctors. If you’re smart in terms of not wasting your years before med school, or even after Med school(knowing what your passionate about doing) then you can make bank and have a good lifestyle within 10-12 yrs of graduation from med school, by that time you’re 40. Of course, if you’re not living a healthy lifestyle you’d eventually age faster.
Kg well at the age 40 u wont be with the same mindset it will definitely change to "i wanna make my kids the life i didnt have" or at least make ur family live a good life and an enjoyable one 🤷🏻♂️
@@iustinioan9795 you're still young so you still have time. No need to stress about it. Despite the pros and cons go into a field you'll enjoy most. Doctor: Pros- Prestige, High salary potential, Great job satisfaction, high demand, Good job security ,Helping people, etc. Cons- Stressful, Schooling can take 8-15 years, Student debt average 198k+, competitive, high burnout and suicide rates. Lawyers: Pros- High salary potential, Helping people, in demand, Job security is good, etc. Cons- Schooling Average is 8years, Work hours expect 80+ work hrs per week or more, Job market( really hard to get a decent paying job if you weren't a top student at your school or you didn't go to a top 25 law school), salary( Some lawyers make 50k to low 6 figures working 60+ hrs, lots of paperwork, Stressful, Student debt. Despite all the cons both of these professions are great. Do what makes you happy the most. Best of luck to you.
I am an Electrical Engineer made $30/hr right after college. Then $45/hr after 5 years, $55/hr after 8, and $75/hr after 10 years. I since then bought rental properties and now make a lot more. However school was the hardest thing for me. My parents flunked high school so college was all new to me. A lot of late nights studying and no weekends during my senior design courses. Plus had to take the FE and the PE exams which I studied hundreds of hours for.
Varies very heavily, but average salary isn't a good way of comparing the two. You have to compare total average compensation and engineers usually get $100k including stock bonuses and sign-in bonuses.
@@tabithacharanza2263 Do anything you need to do to be successful. I find that once you get past the barrier of "what do I study? How long? What courseload can I handle?" (the basic, freshman year of college stuff), the hardest part is avoiding burnout and managing your time. You'll get there, but it's a process. Learn to love it. You got this.
neither of my parents never told me to be a doctor, but I want to be a leader, life-saver, and I think my purpose on this planet is to use my brain and body to make others feel as good as they can.
As someone with an engineering degree and who currently volunteers in EMS: I've already crunched the numbers. This matches my analysis as well. When I looked at the numbers, it would take me 12 years of practice just to break even from the lost opportunity cost of going to med school (and that's assuming I got a full-ride scholarship). Pay for doctors isn't nearly as high as people make it out to be.
@Conner Broeker Engineers make far more money over then30 years working lifetime. Also, while most doctors are still in school, Engineers already owned couple of homes, invested and still earning bonuses or started a side business. Elon must, bill gates etc arent doctors😂
@@401Orishasas said in the video, the range for engineers is substantially larger. They can make much less and much more than doctors. Doctors have a higher average.
The most important factor is age. I’d much rather do things before 45 than when I’m older. Youth is more valuable than the salary id make after all those years of stress in school
I was an engineer for ten years and the majority of my job was just technical bureaucracy or admin....but paid SOOO WELL. Sadly it was completely devoid of purpose and meaning for me. Wish I had become a doctor.
CW Joe left my career. Sold my house to fund my crazy dreams of being a doctor. Got a job as a carer to supplement my income and currently applying for med schools. If i get in i will probably be the oldest student in the room.
I've been working in IT for 27 years (I have a Computer Science degree and an MBA from a top 20 public university in the U.S.). Layoffs happen every year. We are being replaced by workers from India and contractors, or these higher supply of labor is keeping our salaries from growing higher than they would be.
It would be interesting to add "total # of hours worked" added to the equation. I would imagine this would put the docs, particularly with residencies, even more at a disadvantage.
@TRP lol wait until you're actually in Med school tho. My sister went to PA school which only takes 2 years but still has a crazy amount of work load, nothin compared to undergrad premed or engineering. Now if you're going to full med school thats gonna be even more years
Sir I'm a plus one student , I'm confused whether I'm passionate in mbbs or engineering ! Actually I love technology and do things relates to it . But i dont know whether it's because of handling phone and laptop frequently . And i also wishes to do social service being a doctor. And also my parents concern is to make me a doctor . But i heard , a doctor's life is bit stressful ! Actually I'm a person , with overthinking and tension . So , can i manage being a doctor in future ? Also i like to do traveling and photograpy. I'm confused whether i could enjoy my life doing these things also being a doctor . Most of the engineering students couldn't find a job now . That makes me feared . Sir , i had taken biology science this year . So, can i get into IT field after 12th ? PLEASE KINDLY REPLY FOR ALL THESE QUESTION 🙏
Money and job security are actual reasons to consider medicine, but cannot be your sole reason for wanting to be a doctor. I couldn't imagine doing the amount of work I do in medical school with my sole source of motivation being "I want to be wealthy". No car or house is that nice. Medicine is an art and a privilege to be a part of. You learn about what is in my opinion one of the most elegant and beautiful things we can study: the human body and what makes us human. Over many years of hard work, you slowly but surely build your knowledge and skills that will not only give you a deeper and more gratifying understanding of what we are, but in the end will be used to alleviate real suffering.
As a former aerospace engineer, I have to say that $100k out of college is not realistic. At the high end, maybe a computer science major might get a hot Silicon Valley job at $90k. Most of the mechanical and electrical engineers I graduated with came out with, on average, a salary of $70k and we all started at major, top companies
And to be fair the profession that I'm persuing, civil engineering, it's even lower. Most starting salaries hover around 60k, and most won't touch 100k until at least 5-6 years after one gets their PE license. On the other hand, civil engineering has a ton of benefits if one chooses to go the public route
@@olumorganjoe In the civil engineering industry, it's a license that puts an individual as an authority on a project. The P.E. will review designs and make sure there isn't any flaws. This also means that if anything goes wrong and the P.E. signed off on the project, they're liable for damages.
I feel its common knowledge now that doctors don’t make as much money as they did before but its still one of the most honorable professions out there. You help others out and make a huge impact on your patients (and their loved ones) lives and the sacrifice comes from the hours we put in and ofc the student debt 😅
Yeah, as a kid I always wanted to become a doctor for the money. But now I realize being a doctor means so much more than that, and my goal is still standing :)
Your data is a bit skewed. Most engineers aren't computer scientist and starting salary is definitely not 100k unless you graduating from Harvard. Even in engineering if you're studying it just to get rich you'll be exposed very quickly. If you're goal is make bank I'd look into business and consider creating your own business.
@@sid6554 I was a software engineer before going to med school. Didn't go to Harvard or any Ivy League school. I worked in the Bay Area for $130k and had offers of $150k + bonus in New York. Raises also easily exceeded the 3% assumption. I agree that most engineers don't start at 100k but software and petroleum engineers routinely start higher than that.
My father non stop pressured me and my sister to become engineers. The last thing he ever wanted us to do was medicine or the arts. Five years later and my sister is getting her master's at Juliard and I'm taking my MCAT in February so I guess he didn't get his wish xD
@@bongobliss5795 He wanted my sister to go into chemicals engineering and me to do either electrical engineering or aerospace engineering. We both ended up getting into some pretty excellent engineering programs but neither of us actually attended them
@@Chelle_Vibes i was actually talking abt your father's job, cuz i was thinking what type of engineer wants his children to follow the same path as many engineers in our family including my father push their children into med after living through the first choice
I was never pressured into becoming a doctor. I'm a 2nd year at a US MD school. I mostly wanted to be some kind of biologist or artist growing up. I was a very lackluster, unmotivated student in high school. My career path is something that kind of grew organically into what it is based on the options I had and what I came to want out of my career. I'd say don't go into medicine if you aren't interested in the science. It would be way to much work, time, and debt for the eventual money you'd make, and you'd likely give up along the way anyway. I spend almost all of my waking day either studying for exams, doing research, or studying for Step 1. But if you don't enjoy what you do you'd get tired of that kind of extreme lifestyle fast. Sorry for the wall of text just wanted to put in my two cents.
Both of my parents are engineers and they don’t want me to go into medicine. They’re worried because they know how brutal med school/residency is lol😂 they do the exact OPPOSITE of pushing me! But I want it, so I’m gonna do it 😁
Med school is easy comparing to engineering. I’m a chemical engineer and now I’m in med school. As long as you read the material 3 to 4 times you should be good. Remember that in engineering, you must read, understand the concepts, and applied them to solve problems.
@@InfinityLRDL That's amazing to hear. Engineering is a difficult degree that's for sure, but you can also make the point that the jump from high school to eng was higher than that of eng to med school. Engineering prepared you well and changed your habits/the way you think.
I decided to go into medicine after reading "Gifted Hands". I just thought it was soooo amazing. Also, thank you for using different types of characters in your animations. Representation means so much no matter how big or small.
My parents wanted me to become a doctor (as everybody at my family is a doctor)but I was passionate about engineering. I chose the right path for me because I'm at the top of my game. BTW, I love MedSchoolInsiders, but, just to mention, these are very average figure. There are quite a few crazy rich engineers too. Just saying, I liked the video.
@UCVXzK0xw2aKopA1JHCoQRAw I hear that a lot. But in my opinion, IQ doesn't solely decide a person neither is it inheritable. And genius is no mere mortal. What I think I got from my family is a set of values and lessons to push myself till I reach my dreams.
Doctor and Engineer require two drastically different approaches to problems and they have little in common with each other. Engineering very often requires a degree of numeric and data precision that is completely unnecessary in medicine, whereas doctors require a wide mnemonic knowledge that is not necessary for an engineer. They are two completely different paths!!! If you are confused between what to choose, you probably should dig deeper to understand the difference between them. There are great doctors that would be TERRIBLE engineers and vice-versa.
I wasn't pressured to go into medicine at all and I'm 100% asian. All my parents want is for me to not waste my time and effort and actually do something that does benefit me. Sure they'd like a doctor kid, but doesn't have to mean they sacrifice family for money and fame and what others think. Being happy and middle class is better than being rich but depressed.
Sir I'm a plus one student , I'm confused whether I'm passionate in mbbs or engineering ! Actually I love technology and do things relates to it . But i dont know whether it's because of handling phone and laptop frequently . And i also wishes to do social service being a doctor. And also my parents concern is to make me a doctor . But i heard , a doctor's life is bit stressful ! Actually I'm a person , with overthinking and tension . So , can i manage being a doctor in future ? Also i like to do traveling and photograpy. I'm confused whether i could enjoy my life doing these things also being a doctor . Most of the engineering students couldn't find a job now . That makes me feared . Sir , i had taken biology science this year . So, can i get into IT field after 12th ? PLEASE KINDLY REPLY FOR ALL THESE QUESTION 🙏
I am in my 3rd year of College and decided Mechatronics Engineering was my forte; Prior to this however, I was pressured to be put into the medical field. Which I could completely have done, but I decided that the cost and intuitiveness of being the specific engineer that I want to be offers alot more for business in case I ever wanted to open my own business and enter the market as Mechatronics offers Computer Engineering/Manufacturing Engineering/ Robotics Engineering and if I ever decided to, I could take two or three extract classes out of the core schedule for mechatronics to get degrees in biomedical engr./ Physics/ Computer Science. Respectively both Engineers and Doctors are the best of their respective doctrines and in most cases do alot of work together. My cousin who is a Medical Physicist who treats people for cancer with dosages of radiation, had in fact a Mechatronics Engineer write for him a program that determined how much radiation is safe to be put into the patient. My own research also consists of designing programs to monitor the growth of brain tumor cells with cancer. In the end both fields Doctors/ Physicians and also Engineers have the greatest opportunities on the market to be successful.
Even though old doctors are frequently grumpy about reimbursement rates I rarely met old doctors who struggled to make ends meet. Plus I find primary care to be much more fun than being an engineer or a lawyer. I am currently a PGY-2 in Family Medicine and (despite occasional thoughts of my massive debt) overall I couldn’t be happier!
Excellent breakdown, the best I've encountered on this topic. It never occurred to me that doctors spend all their youthful years on the grind to become certified to practice and they have a very high annual income eventually but their younger years were not spent enjoying life as a young successful engineer can do. The disparity in lifetime income and wealth for many doctors vs. engineers is not in the end as great as one would think.
My situation was kind of reverse, my parents wanted me to study engineering (me not knowing what I wanted to begin with) so I complied. After starting (civil engineering) I knew this was not for me, construction industry is vicious and business needs you to be cut-throat. After 5 years and a PE, I was able to work in a Hospital as Facilities Manager, it changed my whole pespective (I am a social person and I enjoy helping others) Now Im in the middle of applying to med school. Dont do anything for money is not worth it. Your life will be miserable and you will hate every part of it, believe me, I am there. I wont deny that there is good money to be made in engineering.
I always wanted to take pharmacy and no matter how long it can get or how much you earn, if you actually like what you're doing, there's nothing to complain.
Training to be a doctor for the primary goal of earning money is like wanting to learn an instrument to be a famous rockstar. You are kind of missing the point. As a patient, I've seen so many doctors that appear to super dissatisfied with their lives, but were forced into a profession by their parent's values, and a desire for prestige. Follow your passion, become as well educated as possible and be the best you can be in your field and money will follow.
True! But don’t think being burned out and dissatisfied is because they went into medicine for the wrong reason. That’s victim blaming. The system is broken and burnout is a systemic issue, not an individual one
If you love your personal time and don’t want to work 17 hours a day without a day off than choose engineer. Yes being doctor will make you rich but you have to work like crazy and don’t have time for yourself. Money should not be everything. You mental health is important too
It's also worth thinking about how each profession scales. As a doctor you're very rarely going to help 2 or more people at the same instant in time. As an engineer, you're almost always helping many people at once. Decades from now, when the world is much wealthier than it is now, I think we'll see engineers commonly out-earning doctors for this reason.
@Zlar Vixen, I'm not claiming engineers' work would have value without humans. I'm claiming that most doctors (with the exception of those doing medical research) help people one at a time. They are very highly trained and skilled technicians. If you're delivering value to 1 million people at once with your work, then it's possible to add more overall value to the human economy than helping people one at a time. If you can create more value, you can usually get paid more. That's what I mean by scaling.
I just graduated from Qatar University as a civil engineer it cost me around 36,000 $ After I graduated I found a job that pays 820 $ per month. I quit and cruntly I work as a totuor and I get around 27 $ per hour. Now I make around 1400 $ per month. I really want to travel to Canada or USA to work as a civil engineer. Here in Qatar they are very racist, because they have problem with Egypt they don't allow Egyptians to work full time. I just applied to get my master degree in Canada, wish me luck
My mom never had to pressure me to become a doctor. I'm eleven and I've wanted to become a surgeon since I was three, I love science and medicine. My mom and me have the same eyes for when it comes to my future.
Shoam Fanning same I’m debating between studying cardiology and chemical/nuclear engineering. I have a big passion for all sciences but salary matters quite a lot for me. I now have to decide whether I want to spend my young life becoming a doctor to get a good salary when I’m 40 or I get a less wage consistently.
Doctors save lives my using their assessment skills too. I'm married to an engineer who thinks he knows everything about health just because he is an engineer. He is wrong most of the time!!
what is wrong with this. I think it's important to realize what you enjoy doing. Using tools to deliver a service or design tools. This is the key difference between engineers and doctors. Creator VS server.
It doesn't need to be a competition. The point is... don't become a MD unless you have a LOVE of medicine. There are so many sacrifices involved in that profession.
>engineers earning 100k out of college buddy most people are lucky to earn 70k out of college, maybe look at the field of engineering as a whole rather than one small section of it
My friend who just graduated got a job making $45,000 a year. Now it's government and that's hella underpaid considering private sector with but yeah, the numbers ain't there
Just for some people who’d think they’d get paid 100k starting salary as an engineer, I graduated with my Masters (6 years of school) and had to fight my way to starting offers at 85k. The key here is ‘in LA’, where the cost of living is so high they have to pay you that just so you can drive to work.
Ah average engineer makes a lot less than 100k, sure software engineers CAN make 6 figures after years of experience So I don’t know how this is accurate After all, I believe whoever goes into medicine for the money, are shooting themselves in the foot You have to want medicine wholeheartedly otherwise, any logical person would simply quit Engineers ( the good ones) can be financially comfortable but personally the meaning that medicine provides is what should give purpose and fulfillment to our long training and life long learning
See I was contemplating these two also, so I did an internship at a vet hospital to decide. On the second day they did an autopsy on a puppy and put a deaf mans secrvice dog down, I had a whole ass breakdown, here I am a 6'3 teenager having a whole breakdown in the middle of these people's office. No way I could handle a human death.
I selected to the medical college from high school exam. In that exam only 1% can select to a medical school. And then as a first year medical student now I study 10-12 hours daily almost 7 days per week. I need to continue this hard work for 6,7 years to complete my degree and become qualified doc, now Im 20 yers old and I will be dedicating whole of my young age for studies. And after being a doc I only get paid 2000 dollers per month. Why my hard work isn't reworded enough or are we not working hard enough compared to these footballers. 😓
You can definitely make more than doctors as an engineer. Work on your skills. I graduated from a tier 3 college from India and did my MS in USC. Later got a job at Google. Now working at Amazon. Cleared my debt within 1.5 years of joining the work force. My net worth is much more than most of the doctors. The point isn’t to bash doctors, but there are many other professions where you can make a similar or MORE with less stress.
My sister wanted to be an oncologist so badly, but had to settle for family medicine. Thankfully she’s doing well now, but she still wonders what if I had stayed back home.
$100k may be realistic if you’re in Cali but thats only a fair assumption if you’re going to consider the high cost of living associated with the locations where that salary is plausible. 70-80k would’ve probably been a better starting number for most engineers
I hopefully going to be a doctor (dermatologist) and my sister is hopefully becoming a lawyer, we're both Asian (Chinese) yet our mother doesn’t care she says as long as we're happy and can support ourselves. Sometimes I think that she somehow brainwashed us. ( This is not a comment that is intentionally meant to insult)
I'm a chemical engineer graduate and currently in residency, med school is not as hard as engineering expecially chemical, as long as you're responsible for your actions and study you will pass unlike engineering which is very complex and hard especially physics and maths
What about europe In europe Doctors are able to start working on average after 6 years for general practitioner and 8 for specialist and universities are usually free. Moreover their salary remain higher than engineer's one
In Germany most of the med students finish after 7 years because it’s a very unusual exception when someone passes every exam with the first shot. Additionally you've to spend at least 5-7 more years for your specialisation if you ever want to earn more than 5.5k and even after investing all in all more than 12 years in studying you can earn 7k maximum. Their salary is fixed in Germany. It’s like that(can’t translate the positions): Assistenzarzt/without specialisation 4.5-5.5k in a course of 5 years Facharzt/after 5-7 years of specialisation 5.5-7k in a course of 5 years Oberarzt/approximately only 3% of all doctors in hospital will hold this position at one point of their career 7-9.5k Chefarzt/only several hundreds in Germany hold this Position and on average being mid 50 9.5-no Limit In comparison there are branches in engineering where freshmen can earn over 5k from the beginning and after only 5 years studying. Engineering is at least in Germany the better career choice but that may alternate throughout europe.
I am currently a freshman in college and well I am sincerely lost, I want to help the world, and have a passion that helps me become something greater than I am currently. However, I struggle with not knowing how I want to help
Engineers will be making decent cash cash straight out of college (if accepted into a job). On top of that, engineers generally get to have holidays and fixed hours. Engineers will basically have more time for their personal life unlike doctors but it doesn’t really matter because if being a doctor is your dream then you shouldn’t care about holidays, sleep, etc. because you essentially have the most honorable and respectable profession. After high school it’ll take at least 10-16 years to become a doctor (premed + med + internship/residency). On the other hand, it will take at least 4-8 years (the most rigorous bachelors degree according to many sources) to become an engineer. Oh and doctors have way more social interaction in the workplace unlike engineers. This also means that as doctors, you need to know how to work with people and not just on people. Now I don’t think people should care about how much what profession makes because by the end of the day, it’s what you do while you’re not at work that’ll make you wealthier or not. I’m also really high asf rn
Hate to say it but as an engineer, my starting salary was 70k :/ although I didn't include the bonus (does the $100k you mentioned include bonuses?). Although I was really happy with it at the time compared to making nothing in college.
Big difference btwn engineer and doctor is engineering is becoming commoditized through offshoring. Send the programming/design to low wage country. Docs can't be offshored. Also in the US, the AMA seeks to limit the number of docs. No comparable association for engineers.
I too a doctor in India (in government sector) i just wanted to share what I got as salary to world 1-As an intern- INR 7500/ month (approx 100$/month) total 1200 US $ anually As resident MD- INR 55000/month (approx 720$/month) total 8640 US $ anually (now deduct 15% Tax) left with 7344 $ anually
feels bro. idk if I wanna be doctor now. On one point, they make lots of money and are richer in the overall game. On the other, being a doctor seems like a very long run approach, and not sure if you are even gonna live that long.
come to malaysia, first residents' years (Housemanship), the salary are about RM5197 minus tax and EPF you probably end up with RM4500+ excluding study loans, etc.. that just about $1088 USD/month.. totally not worth, period! Here working as lorry driver earns more than as a junior doctor. Not mentioned the working hours, getting scolded by seniors like it's a norm, and the stress is just insane as junior doctors.
God bless those that choose to go into these fields. These kind of professionals are essential and highly coveted. We have the luxury of knowing there are competent & motivated medical doctors & engineers that help us in our time of need. They produce and contribute high quality services to many communities. Lifelong learning keeps these people sharp and engaged in their careers. However, the doctors & engineers I have met seem burnt out and overly stressed. I have friends who are Internalists who claim they are very underpaid for the amount of work they do. They are heavy drinkers, never well rested, & watch vapid tv shows to decompress. They don’t seem happy, but they just keep plowing through regardless of their exhaustion. In an extreme case, my mother’s gastroenterologist was so depressed he jumped out of a highrise window in NYC. He cared deeply about his patients & over-committed himself to his work that he never took time off to recover from his demanding medical career.
Both of my sisters were kinda forced to take nursing and go to med school but I am glad that they learn to love it though. I'm 13 and I would love to know myself more and choose a path where I wanted to have. like engineering? I think.
I'm 13 as well. My parents want me to become an engineer, but I find the medical field very fascinating and I have wanted to be a doctor since I was 5.
My mom is always insisting that I should be a doctor, and I’m just 12 and I’m still in school. All the time she talks about what her friends sons get as a doctor, and I’m sure she wants cut of my earnings.
This video does not consider the % taxes paid on income. An engineer pays way less taxes compared to a doctor. EDIT (for details): An engineers income is lower but starts a lot earlier, so they pay taxes at a lower tax bracket. Additionally, any capital gains they make by investing their income at the early age are only taxed at 50% of their income tax bracket, allowing their total wealth to compound much faster.
@@RiyadhElalami yup, because the tax system is progressive. An engineers income is lower but starts a lot earlier, so they pay taxes at a lower tax bracket. Additionally, any capital gains they make by investing their income at the early age are only taxed at 50% of their income tax bracket, allowing their total wealth to compound much faster.
It's so different in my case!...my parents force me to become ias but becoming a Dr. is my childhood dream🤗....I will definitely prove my parents that Dr. Is the best profession overall🥰🥰....let me know if someone is there like me only😅
Also is to consider that doctors won't have as much experience with actual handling money and learning how to do proper adulthood until their 30s, along with a lot less freetime.
now this is a very important piece of information for all the people comparing salaries; the difference in quality of life between $500k and $150k is not that much. yes, if you're certainly making a lot of money if you're making $500k, but you're not THAT rich, you're not a billionaire, you're not going to be buying private jets and flying all over the world every couple of days. the difference in quality of life between an engineer and a doctor is maybe a supercar or two, but other than that, there's not much else.
I really liked this video. I'm an engineer with about 10 years of industry experience. I think a lot of people were complaining about starting salary because they missed the part where you mentioned how the data was from the San Francisco area. Over there, $100k would likely be considered pretty low. Even when I was at 6 years of industry experience and looking at jobs over there, I was unlikely to consider any offer that was less than $130k. Something I would probably add to this for clarity, because I don't know if this is the deal with different types of "doctors", but "engineer" is kind of a nebulous term we give to tech professionals, and most companies have different pay ranges for each engineering job family. So a "development operations (DevOps) engineer" at a company could be in a higher or lower pay range than a "systems engineer", or "research engineer". It may also be worth mentioning that you don't absolutely *need* a formal education and degree to become an engineer. Most companies will accept relevant work experience in place of a degree. I don't have a degree. I started my engineering career working for a tiny web development startup, spent about six years there amassing as much technical knowledge and experience on the job as I could, and then moved on to a larger company. There are some trade-offs, of course. Getting experience over an education means that I tend to have more operational experience than my peers with degrees, and I don't have the student loan debt. But I tend to lack knowledge of certain theoretical computer science concepts like time complexity and algorithmic analysis. Last year was the first time I'd ever seen a confusion matrix, but several of my peers were very familiar with it.
Specialty does affect pay for doctors. Primary care will be in the 200k range for starting, specialities will be in the 300k range for starting, and surgeons will be in the 400-600k range for starting
Can everyone stop assuming engineers make 100k out of school, because I’m an EE and I have never met an engineer with less than 1 year of experience making more than 73k. Engineers who make that level of salary are probably
I like the sliding scale you use for engineers. Because many of them go on to become borderline scientists and architects. Going even further. Into inventors. Which is at the top of the game from a technical standpoint. As then you have full control and you gain assets. Intellectual property with patents and such. Or some go on to be mid and high level managers or top level executives or go on to start their own company but still doing engineering things.
MOST COMMON COMPLAINT = Engineer starting salary. SEE BELOW
Spreadsheet: docs.google.com/spreadsheets/d/1NADAVRnxTmaf1sYBG1BJXYMX2UJ2R6QZbJa0JjmUD4U/
Biggest point of contention are the starting salaries! Feel free to play around with the spreadsheet yourself. Here are the reasons for the starting salaries we used:
There is limited data on STARTING salaries in these professions. For that reason, we have to use the data available, which includes AVERAGE salaries. For reference, MedScape salary data: www.medscape.com/slideshow/2018-compensation-overview-6009667#2. This is the AVERAGE for primary care and specialist physicians, not necessarily STARTING salaries. I have not been able to find reliable public available information on starting salaries for doctors, so this was the best approximation. If you want to change the numbers, go at it. For this reason, we have also set Engineers at $100k.
Don't like these assumptions? Fantastic. Play around with the numbers. You'll find something similar. Main point = going into medicine for the money is NOT a good idea. Thanks for watching =)
Engineers need 4 years of training before they can become a Professional Engineer and make that 100k assumption
Med School Insiders
What if you study biomedical engineering so you have the best of both world? 😉
Your assumptions are incorrect. I am a California licensed professional engineer with a Master's Degree and 20 years of experience. My current salary is about $100k, which is average in California. Most states pay less.
The starting salary is about $60k (similar to the medical school residence). You do get a 25% pay raise when you get all your licenses, so you can buy liability insurance for your signature. Plus, you don't get pay for months while you are looking for other jobs when your project is over, which happens every 2 to 3 years.
Most managers are business majors with very little engineering background. We are under constant pressure to cut corners if they think the user is not going to find out within the warranty period.
When you are sick you don't spend 6 months shopping for the cheapest deal like a typical engineering project.
It's NOT a good idea despite the fact the lifetime earnings you have calculated are much higher than your imaginary engineer model. ?????????
@@bluecow829 That's not the type of engineer the video is talking about. They mean tech as in Facebook, Google, Salesforce, ...
My mom never believed I could make it into medical school. Here I am, entering the fourth year and getting a scholarship for good grades. Take that, mom! *sob*
Good luck man!
And here I am my mom forced me into it, finished 2nd year this month
Shortness of breath
Any advice? Currently in undergrad completing my core requirements for med school. Thanks.
@@ant___ I'm studying in the Czech Republic, so my advice probably won't be of any use to you :D
When you’re Asian there’s only 4 job options; Doctor, Lawyer, engineer or disgrace choose ur options wisely
Lol
Pilot????
@@hakikatkaur6886 Can be pretty expensive lol
@@jmarais Depends on the Airline. In military it's extremely cheap
CEO?
Money cant be your first motivation when you study all night in med school
If money was our motivation , everyone would do it
@@yourworstnightmare1488 well, it is hard work.. and long years lol
Not with that attitude!
Okay but who would wanna be a doctor if they made like 60k a year . The money makes it more worth it too. Bc then all the student debt would take forever to pay off.
@@yayamartinez1404 i forgot... we dont pay for med school in germany tho lol
I think one of the most overlooked thing about being an engineer is that they don't often stay as technical experts throughout their career. Down the line, they have the option to take management role such as project manager, operation manager, safety manager, risk manager, technical manager etc. where they will eventually be promoted to executive roles which are some of the most lucrative career out there. That is something which most outsiders don't realize about being engineers. People severely underestimate the versatility thus the earning potential of an engineering career.
Yes, but these roles include a total different type of work. It involves a lot more company politics, desk work, boring meetings, paper work etc... also everyone wants to be the executive but only few can get the job..again this involves company politics. I agree with the potential of an engineering career but it is also overlooked that only few tap into that potential.
I'm an engineer, and this is unfortunately true. If you like constantly learning and expanding, it can be disappointing because you get further and further removed from the technical aspects as you get older.
True. I think it's because of the 'earning cap' - basically you eventually reach a max salary for your engineering position and the only way to move up the pay scale is to move into management. So I've been told anyway.
Those who get executive roles are a tiny fraction of total, most who stick with it will become senior engineers which is good six figures but not crazy
100%, and some people WANT to stay technical experts. Sure there are admin positions in medicine, but most doctors remain skilled technical experts throughout their entire career, and just hone their craft. 2 different worlds.
Please do the SoundCloud Rapper vs Physician comparison. Those are the career options I am weighing.
😂
😂💀
I’m dead
Me af😂💀😔
probably do both
I’m in high school and this is overwhelming I feel like it’s going to take over my life
Same here, and I'm only 14 years old
@@WrldOfTyreese im only 10
Sir I'm a plus one student , I'm confused whether I'm passionate in mbbs or engineering ! Actually I love technology and do things relates to it . But i dont know whether it's because of handling phone and laptop frequently . And i also wishes to do social service being a doctor. And also my parents concern is to make me a doctor . But i heard , a doctor's life is bit stressful ! Actually I'm a person , with overthinking and tension . So , can i manage being a doctor in future ? Also i like to do traveling and photograpy. I'm confused whether i could enjoy my life doing these things also being a doctor . Most of the engineering students couldn't find a job now . That makes me feared . Sir , i had taken biology science this year . So, can i get into IT field after 12th ? PLEASE KINDLY REPLY FOR ALL THESE QUESTION 🙏
@@damn4721 If you get a internship in college, you will have a job for engineering right after school. Why don't you shadow many different doctors and engineers so you see how they work, and if you would like to pursue that field. Engineers also are often richer than doctors, so if you really care about money there is that.
@@devinotero1798 What do you want to become? I want to become an orthopedic surgeon. (I’m 13 btw).
I’ve been a physician for almost 30 years. To try to improve my quality of life since long hours and sleep deprivation was killing me, I left my original practice but now I’m making 1/2-2/3 of my previous income. My petroleum engineer son-in-law is making more than me 5 years out of school. Obviously every situation is different but his lifetime earnings will likely far exceed mine and he works normal hours. He also appears to be on an administration track that could someday put him in the million/year club in another decade. I can only make more by working more whereas he can make more by being promoted.
Do you mind sharing with us the specialty you’re in and whether it’s academia/community/private
I’m an OB/GYN. I was initially a solo hospital employed doc in a rural area. Only OB in the county for a while. Now in a multi specialty group in an urban setting in a state with lower average reimbursement. Still doing 1:3 call and spent New Years in the OR.
However remember that petroleum is a highly cyclical industry while medicine is always in demand.
John Laraway Any suggestions to a MS1 interested in OB GYN?
@@jdl63-c7q hi I was wondering if you still think being petroleum engineering is worth jt
Great video!
I'm a D.C. myself. I graduated in 1993, opened a private practice in 1996 and paid off my student loans in 1999.
Our clinic (my L.M.T. wife and I) has had zero debt going back to 2000 when we paid off our business loans. And this year we paid off the mortgage on the building where our clinic is located as well.
I only threw away 5 years to Opportunity Cost. Yay me!
I chose engineering for several reasons: 1) History, freshman English, French, math and science appeared to just be a continuation of high school. I couldn’t see any value added. I was good in math and sciences, saw that not everyone could do them, so I reasoned that they must be valuable and would pay well. 2) I was not motivated to study for studying’s sake: how was I going to ever use French, or history, I already spoke and wrote English? Why spend all the time and money studying with no apparent value. I saw many students major in history to develop great GPAs to use to get into law, medical school, but it just didn’t make sense to me at the time. In retrospect I was very short sighted, particularly regarding writing skills. I graduated and got a good job, but was shocked to find little use for most of what I had learned in engineering school. I had never been taught what was used in practice. I stayed on my first job for a year, my second for 7 years and my third for 35 years. Along the way, I did get a MS in engineering by going to school at night and got PE licenses in several states. Relative to a medical career my first job was like an internship, my second was like a residency and my third was like an attending physician. I earned a decent living, got married, bought a house, had children and am now comfortably retired, enjoying grandchildren. I did not become rich, I did not always enjoy work, but consider myself lucky to find an interesting and challenging career. People don’t realize the diversity of engineering disciplines: electrical, mechanical, chemical, aeronautical, welding, nuclear, etc; and segments and opportunities within the disciplines: research, development, design, sales, manufacturing, quality control, etc. I worked with them all. The most important things are health, family and liking the people with whom You work. No amount of money is as important as any of these!
The engineer’s lifestyle is better. Typically, their shift isn’t as long and they aren’t exposed to a sick population everyday as an integral part of their job. I applaud medical personnel for their courage, they can make all the difference. That said, engineers make a big difference too. Everyone wants bridges that don’t fall down.
if we're talking about making a difference, i'd (over)simplify things and say doctors are a big part of small individual wins (improving lives one at a time) while engineers are a small part of something that might work and be big (a chance to build something ultimately benefiting a lot of people)
Nicely put by both of you
Lifestyle better how so? Where's your data? Lots of engineers quit to become doctors for a better quality of life. Doctors don't quit to become engineers.
@@ILykToDoDuhDrifting i have never heard of this. Why would you quit being an engineer to go back to school for 8 years? lol
ILykToDoDuhDrifting because they don’t have to work as many hours. I work with engineers everyday. They make good money and are generally well respected. It’s not as sexy as being a surgeon, but only because of the tv shows making it look that way. I respect both professions. But doctors have very long hours, sacrificing family and social life. It’s a noble thing to do, but the sacrifice is not trivial.
"In certain cultures..." It's okay man, you can say Asians. Also, big fan. I'm in first year engineering myself.
Can be African too
Also in South America. There's instant admiration from anyone.
I know. It's just such a strong
stereotype that Asians should become doctors, lawyers or engineers. I should know, I am lol
In Bangladesh, most of people choose Engineering degree over Medical degree.
LOL. Most prevalent amongst certain East Asian and South Asian cultures for sure.
Me, a med school student: explaining to my bf that he’ll make more money than me until I’m 40.
My boyfriend, an engineer: 🧐
Y’all still gnna be rich rich if you get married.
maybe, one of the biggest points in the video was that engineers make a lot of money early on, which if invested properly, will equal a larger sum in the long run.
What country are you studying in?
ayyy nigerian gang🤙we really know how to chase after the ego 💰😂
@@yayamartinez1404 exactly what I was thinking. They gonna have them coinnnnnnnnnn.
I am a med student. My parents didn't pressure me at all. But they get very happy about my decision haha.
Good for u
You're so lucky
I want to do medical but my parents put me in engineering
@@gauravnarodey8021 l want to be a medico but I wanna be a millionaire before 25y/o and follow my passion during degree so I'm planning to join in engineering and my parents don't care me about my future hahaha...
No study pressure , no advice, no inspiration 😎
Can u do a financial comparison on doctor vs phar vs dental,etc
Yeah.. Kevin acts like those courses don't exist 😄
Dentist is a horrible investment. Like the worst. Pharmacy is ok if you can go to a state school but I’ve heard that the field is becoming way overly saturated with pharmacists so I’m sure the salary will go down soon. It’s already super hard to get a job as a new pharmacy grad unless you go to the middle of nowhere.
Jack F really? How’s dental a horrible investment?
@@jackf3619 Talk with facts, boy
@@jackf3619 Pharm, Den, Med are geared towards improving health care of the whole patient.. Not some business investment or whatever
6:10 Never too old to enjoy your money. With all honesty, if my purpose in going into medical school is about the money, then I'd doing it for my son and parents. My parents don't have a retirement plan and I fear they will end up homeless. As for my son, I want what is best for him so he won't struggle in life the way I did growing up in a low income community.
Alight who the hell gets paid 100000 starting as an engineer.
My friend started at 65/hr lol
google software eng
Software Engineers!
Lots of software engineers do... do your research...
TRP exactly lol. Most software engineers get to 100k in their 40s or 50s depending on their qualification
Mom: my son will be a Doctor
Dad : He will be an engineer
Granpa: he will be a lawyer
Me : who is planning to become a pro gamer 😑💔
😂
@Krishna Jadhav 😆
😂
Sir I'm a plus one student , I'm confused whether I'm passionate in mbbs or engineering ! Actually I love technology and do things relates to it . But i dont know whether it's because of handling phone and laptop frequently . And i also wishes to do social service being a doctor. And also my parents concern is to make me a doctor . But i heard , a doctor's life is bit stressful ! Actually I'm a person , with overthinking and tension . So , can i manage being a doctor in future ? Also i like to do traveling and photograpy. I'm confused whether i could enjoy my life doing these things also being a doctor . Most of the engineering students couldn't find a job now . That makes me feared . Sir , i had taken biology science this year . So, can i get into IT field after 12th ? PLEASE KINDLY REPLY FOR ALL THESE QUESTION 🙏
@@damn4721 if you didn't have maths you can't go for it and if you done your engineering from prestigious college so don't worry about job . in medical field you have to do master for good job or clinic
Ok it's a bit unfair to use one of the highest paid group of engineers to represent the group.
6 figure starting salary for engineers is a bit rich for a national average
6 figures is actually quite reasonable (especially for computer programming). If you are serious about wanting to pursue engineering, you are participating in paid internships and coops (which easily pay you $20 an hour or more) during your undergraduate years. These undergraduate opportunities then start you in the networking process to land such starting jobs. Caveat, you have to be willing to live where the jobs are.
@@poky888nuju Well most engineers aren't computer programmers
@@pieadapter3615 This is not specific to computer programmers. Biomedical engineering is seeing alot of growth too.
Mechanical engineers in Boston won't make 6 figures straight out of school in building trade
That may be partly because Dr. Jubbal studied computer science as part of his undergrad so he may be biased towards that area, which is on the higher-earning end of engineering professions as a whole.
You can check for software engineer salary info. Lots of companies offer around a $100k starting salary, not counting benefits and bonuses.
no matter how passionate you are about medicine, if you don't have a *high stress tolerance*, you may not make it, and even if you do, it won't be worth the cost. anxiety and depression are a plague and can take months or years to recover from once you remove yourself from the situation that put you there.
I’m in highschool and I’ve watched a lot of your videos. I watched the one where you talked about the traits that would make a good doctor. I’ve only craved it more since then and Im preparing already for pursuing it. I’m hoping I can pursue my dreams and I have to thank you and other doctors on TH-cam for making me want to try to achieve my interests
I want to become a doctor, but I really wan’t to become wealthy before being too old to enjoy it...
If money is your motivation, go into business or something. There are easier and faster ways to make money
Cusrismo that is true, but business is risky, don‘t you think
I’m only a freshman at an undergrad(so idk much), but I’ve seen plenty of doctors. If you’re smart in terms of not wasting your years before med school, or even after Med school(knowing what your passionate about doing) then you can make bank and have a good lifestyle within 10-12 yrs of graduation from med school, by that time you’re 40. Of course, if you’re not living a healthy lifestyle you’d eventually age faster.
muhammad shaufe hassan That is the problem, I would like to enjoy financial benefits of being a doctor before turning 40 years old.
Kg well at the age 40 u wont be with the same mindset it will definitely change to "i wanna make my kids the life i didnt have" or at least make ur family live a good life and an enjoyable one 🤷🏻♂️
Do Doctor v. Laywer next.
Not a bad idea!
@@MedSchoolInsiders If you need any help with the research let me know.
I ‘ m only 12 but i’ m still trying to figure out what I wanna be , a lawyer or a doctor . This video would be helpful
@@MedSchoolInsiders what about doctor vs professional pilot
@@iustinioan9795 you're still young so you still have time. No need to stress about it. Despite the pros and cons go into a field you'll enjoy most.
Doctor:
Pros- Prestige, High salary potential, Great job satisfaction, high demand, Good job security ,Helping people, etc.
Cons- Stressful, Schooling can take 8-15 years, Student debt average 198k+, competitive, high burnout and suicide rates.
Lawyers:
Pros- High salary potential, Helping people, in demand, Job security is good, etc.
Cons- Schooling Average is 8years, Work hours expect 80+ work hrs per week or more, Job market( really hard to get a decent paying job if you weren't a top student at your school or you didn't go to a top 25 law school), salary( Some lawyers make 50k to low 6 figures working 60+ hrs, lots of paperwork, Stressful, Student debt.
Despite all the cons both of these professions are great. Do what makes you happy the most. Best of luck to you.
I am an Electrical Engineer made $30/hr right after college. Then $45/hr after 5 years, $55/hr after 8, and $75/hr after 10 years. I since then bought rental properties and now make a lot more. However school was the hardest thing for me. My parents flunked high school so college was all new to me. A lot of late nights studying and no weekends during my senior design courses. Plus had to take the FE and the PE exams which I studied hundreds of hours for.
The starting salary is usually 80k on the average for engineers.
Midwest = 70K
I never understood what you mean by engineer?
Just general engineer or electrical/mechanical.
Do they just hire engineers after college as engineer.
Varies very heavily, but average salary isn't a good way of comparing the two. You have to compare total average compensation and engineers usually get $100k including stock bonuses and sign-in bonuses.
Funny because my parents could care less about me, but I want to become a doctor....
Tabitha Charanza I care. Hugs
Relate to this
nothing is stopping you! Pursue your dreams man. Work hard. Make them look at you differently.
I am I'm in first year of my Pre-Med
@@tabithacharanza2263 Do anything you need to do to be successful. I find that once you get past the barrier of "what do I study? How long? What courseload can I handle?" (the basic, freshman year of college stuff), the hardest part is avoiding burnout and managing your time. You'll get there, but it's a process. Learn to love it. You got this.
neither of my parents never told me to be a doctor, but I want to be a leader, life-saver, and I think my purpose on this planet is to use my brain and body to make others feel as good as they can.
What are you doing?
Emergency medicine? Search and Rescue? Coast Guard? Soldier?
As someone with an engineering degree and who currently volunteers in EMS: I've already crunched the numbers. This matches my analysis as well. When I looked at the numbers, it would take me 12 years of practice just to break even from the lost opportunity cost of going to med school (and that's assuming I got a full-ride scholarship).
Pay for doctors isn't nearly as high as people make it out to be.
Pay is super high for doctors. It's the opportunity cost that hurts you
@Conner Broeker Engineers make far more money over then30 years working lifetime. Also, while most doctors are still in school, Engineers already owned couple of homes, invested and still earning bonuses or started a side business. Elon must, bill gates etc arent doctors😂
@@401Orishasas said in the video, the range for engineers is substantially larger. They can make much less and much more than doctors. Doctors have a higher average.
The most important factor is age. I’d much rather do things before 45 than when I’m older. Youth is more valuable than the salary id make after all those years of stress in school
I was an engineer for ten years and the majority of my job was just technical bureaucracy or admin....but paid SOOO WELL. Sadly it was completely devoid of purpose and meaning for me. Wish I had become a doctor.
So did you stay for the money, or risk it for other jobs that you may like?
CW Joe left my career. Sold my house to fund my crazy dreams of being a doctor. Got a job as a carer to supplement my income and currently applying for med schools. If i get in i will probably be the oldest student in the room.
@@lydiachong1274 Are you over 35?
Nice
I got into med school. Starting in September. Thank you for the likes.
I've been working in IT for 27 years (I have a Computer Science degree and an MBA from a top 20 public university in the U.S.). Layoffs happen every year. We are being replaced by workers from India and contractors, or these higher supply of labor is keeping our salaries from growing higher than they would be.
boom, you nailed it.
Honestly I'd put more blame on our education system
Lots of Indians in medical fields, too
Sir I m thinking BCA will be good?
My family be forcing me to do medicine to the point where I even hate the word man 🤦🏾♀️🤦🏾♀️🤦🏾♀️
It would be interesting to add "total # of hours worked" added to the equation. I would imagine this would put the docs, particularly with residencies, even more at a disadvantage.
@TRP lol wait until you're actually in Med school tho. My sister went to PA school which only takes 2 years but still has a crazy amount of work load, nothin compared to undergrad premed or engineering. Now if you're going to full med school thats gonna be even more years
Sir I'm a plus one student , I'm confused whether I'm passionate in mbbs or engineering ! Actually I love technology and do things relates to it . But i dont know whether it's because of handling phone and laptop frequently . And i also wishes to do social service being a doctor. And also my parents concern is to make me a doctor . But i heard , a doctor's life is bit stressful ! Actually I'm a person , with overthinking and tension . So , can i manage being a doctor in future ? Also i like to do traveling and photograpy. I'm confused whether i could enjoy my life doing these things also being a doctor . Most of the engineering students couldn't find a job now . That makes me feared . Sir , i had taken biology science this year . So, can i get into IT field after 12th ? PLEASE KINDLY REPLY FOR ALL THESE QUESTION 🙏
Good point!
@@damn4721what did u end up taking medicine or engineering ?
Money and job security are actual reasons to consider medicine, but cannot be your sole reason for wanting to be a doctor. I couldn't imagine doing the amount of work I do in medical school with my sole source of motivation being "I want to be wealthy". No car or house is that nice. Medicine is an art and a privilege to be a part of. You learn about what is in my opinion one of the most elegant and beautiful things we can study: the human body and what makes us human. Over many years of hard work, you slowly but surely build your knowledge and skills that will not only give you a deeper and more gratifying understanding of what we are, but in the end will be used to alleviate real suffering.
You really motivated me!!
Couldn't have said it better myself.
As a former aerospace engineer, I have to say that $100k out of college is not realistic. At the high end, maybe a computer science major might get a hot Silicon Valley job at $90k. Most of the mechanical and electrical engineers I graduated with came out with, on average, a salary of $70k and we all started at major, top companies
And to be fair the profession that I'm persuing, civil engineering, it's even lower. Most starting salaries hover around 60k, and most won't touch 100k until at least 5-6 years after one gets their PE license.
On the other hand, civil engineering has a ton of benefits if one chooses to go the public route
@@joshuag506 what is a PE license when it comes to engineering.
@@olumorganjoe In the civil engineering industry, it's a license that puts an individual as an authority on a project. The P.E. will review designs and make sure there isn't any flaws. This also means that if anything goes wrong and the P.E. signed off on the project, they're liable for damages.
I feel its common knowledge now that doctors don’t make as much money as they did before but its still one of the most honorable professions out there. You help others out and make a huge impact on your patients (and their loved ones) lives and the sacrifice comes from the hours we put in and ofc the student debt 😅
Indeed! You become a doctor to help patients, not to be come rich 😉👍
You’re also very respected. Even as a student.
Yeah, as a kid I always wanted to become a doctor for the money. But now I realize being a doctor means so much more than that, and my goal is still standing :)
not all patients are thankful to be honest, too much talking has to be done but they get agressive and don't even cooperate
Adjusted for inflation doctors make more now than they used to actually
Your data is a bit skewed. Most engineers aren't computer scientist and starting salary is definitely not 100k unless you graduating from Harvard. Even in engineering if you're studying it just to get rich you'll be exposed very quickly. If you're goal is make bank I'd look into business and consider creating your own business.
See pinned comment
even harvard graduate, starting salary is 50K/year
S S nah people get internships earning more than that. It’s more like 75k
@@sid6554 I was a software engineer before going to med school. Didn't go to Harvard or any Ivy League school. I worked in the Bay Area for $130k and had offers of $150k + bonus in New York. Raises also easily exceeded the 3% assumption. I agree that most engineers don't start at 100k but software and petroleum engineers routinely start higher than that.
My brother is an electrical engineer, 27 years old making $125k a year 🤷🏻♀️
My father non stop pressured me and my sister to become engineers. The last thing he ever wanted us to do was medicine or the arts. Five years later and my sister is getting her master's at Juliard and I'm taking my MCAT in February so I guess he didn't get his wish xD
What type of engineer?
@@bongobliss5795 He wanted my sister to go into chemicals engineering and me to do either electrical engineering or aerospace engineering. We both ended up getting into some pretty excellent engineering programs but neither of us actually attended them
@@Chelle_Vibes i was actually talking abt your father's job, cuz i was thinking what type of engineer wants his children to follow the same path as many engineers in our family including my father push their children into med after living through the first choice
@@bongobliss5795 Oh! Gotcha! He's actually a molecular biologist. He just wanted us to work in engineering because it's lucrative and stable
@@Chelle_Vibes That sounds like a nice career choice tho, thanks for your time
I was never pressured into becoming a doctor. I'm a 2nd year at a US MD school. I mostly wanted to be some kind of biologist or artist growing up. I was a very lackluster, unmotivated student in high school. My career path is something that kind of grew organically into what it is based on the options I had and what I came to want out of my career. I'd say don't go into medicine if you aren't interested in the science. It would be way to much work, time, and debt for the eventual money you'd make, and you'd likely give up along the way anyway. I spend almost all of my waking day either studying for exams, doing research, or studying for Step 1. But if you don't enjoy what you do you'd get tired of that kind of extreme lifestyle fast. Sorry for the wall of text just wanted to put in my two cents.
Brandon Bergeron hii.. contact me....im too
Great comment. Hope all is going well
Lucky manhagaee 🤙
Wow seems suckish
Both of my parents are engineers and they don’t want me to go into medicine. They’re worried because they know how brutal med school/residency is lol😂 they do the exact OPPOSITE of pushing me! But I want it, so I’m gonna do it 😁
Maria Joon I think you should go for it
just move to NZ.
They got you with the reverse psychology
Med school is easy comparing to engineering. I’m a chemical engineer and now I’m in med school. As long as you read the material 3 to 4 times you should be good. Remember that in engineering, you must read, understand the concepts, and applied them to solve problems.
@@InfinityLRDL That's amazing to hear. Engineering is a difficult degree that's for sure, but you can also make the point that the jump from high school to eng was higher than that of eng to med school. Engineering prepared you well and changed your habits/the way you think.
I decided to go into medicine after reading "Gifted Hands". I just thought it was soooo amazing. Also, thank you for using different types of characters in your animations. Representation means so much no matter how big or small.
"Gifted Hands" was such a good book ever since I read it I wanted to become a surgeon
When I read gifted hands, I wanted to become a Nuero surgeon , but sciences gave me 🤣🤣🤣
i clearly remember my young self saying "i want to be a doctor" and here i am in pre med trying my best.
one yeae to go and I'll be the same situation as you mate
My parents wanted me to become a doctor (as everybody at my family is a doctor)but I was passionate about engineering. I chose the right path for me because I'm at the top of my game. BTW, I love MedSchoolInsiders, but, just to mention, these are very average figure. There are quite a few crazy rich engineers too. Just saying, I liked the video.
They said that too but those are outliers. They want the average to be able to compare to the average salary of physicians.
Wait who named you as "titty"?
You came from a genius family wow, its rare to see a family with inherited High IQ
@@educatedperson1243 It's my last name from my ancestors. Pronounced as "Thithi".
@UCVXzK0xw2aKopA1JHCoQRAw I hear that a lot. But in my opinion, IQ doesn't solely decide a person neither is it inheritable. And genius is no mere mortal. What I think I got from my family is a set of values and lessons to push myself till I reach my dreams.
Doctor and Engineer require two drastically different approaches to problems and they have little in common with each other. Engineering very often requires a degree of numeric and data precision that is completely unnecessary in medicine, whereas doctors require a wide mnemonic knowledge that is not necessary for an engineer. They are two completely different paths!!! If you are confused between what to choose, you probably should dig deeper to understand the difference between them. There are great doctors that would be TERRIBLE engineers and vice-versa.
And I wouldn’t make the decision based on salary either
@Logan Ward of course an engineering professor would say that!
No, these are both professions that require high degrees for problem solving and creativity.
there is a thousand times more ambiguity in medicine than in engineering.
Underrated comment. This consideration should come before salary.
I wasn't pressured to go into medicine at all and I'm 100% asian. All my parents want is for me to not waste my time and effort and actually do something that does benefit me. Sure they'd like a doctor kid, but doesn't have to mean they sacrifice family for money and fame and what others think. Being happy and middle class is better than being rich but depressed.
Saturday is blessed! New Med school insiders video!!
Thanks for watching!
Sir I'm a plus one student , I'm confused whether I'm passionate in mbbs or engineering ! Actually I love technology and do things relates to it . But i dont know whether it's because of handling phone and laptop frequently . And i also wishes to do social service being a doctor. And also my parents concern is to make me a doctor . But i heard , a doctor's life is bit stressful ! Actually I'm a person , with overthinking and tension . So , can i manage being a doctor in future ? Also i like to do traveling and photograpy. I'm confused whether i could enjoy my life doing these things also being a doctor . Most of the engineering students couldn't find a job now . That makes me feared . Sir , i had taken biology science this year . So, can i get into IT field after 12th ? PLEASE KINDLY REPLY FOR ALL THESE QUESTION 🙏
They pressured me first, now I have made it a matter of life or death for me. Godspeed to my medical fraternity, we go beyond economics.
I am in my 3rd year of College and decided Mechatronics Engineering was my forte; Prior to this however, I was pressured to be put into the medical field. Which I could completely have done, but I decided that the cost and intuitiveness of being the specific engineer that I want to be offers alot more for business in case I ever wanted to open my own business and enter the market as Mechatronics offers Computer Engineering/Manufacturing Engineering/ Robotics Engineering and if I ever decided to, I could take two or three extract classes out of the core schedule for mechatronics to get degrees in biomedical engr./ Physics/ Computer Science. Respectively both Engineers and Doctors are the best of their respective doctrines and in most cases do alot of work together. My cousin who is a Medical Physicist who treats people for cancer with dosages of radiation, had in fact a Mechatronics Engineer write for him a program that determined how much radiation is safe to be put into the patient. My own research also consists of designing programs to monitor the growth of brain tumor cells with cancer. In the end both fields Doctors/ Physicians and also Engineers have the greatest opportunities on the market to be successful.
Wow 😳😳
Even though old doctors are frequently grumpy about reimbursement rates I rarely met old doctors who struggled to make ends meet. Plus I find primary care to be much more fun than being an engineer or a lawyer. I am currently a PGY-2 in Family Medicine and (despite occasional thoughts of my massive debt) overall I couldn’t be happier!
how would you describe your fulfilment in med school, and would you suggest the field?
Developing new products as an engineer is more interesting than repairing old products (people) as a doctor
Excellent breakdown, the best I've encountered on this topic. It never occurred to me that doctors spend all their youthful years on the grind to become certified to practice and they have a very high annual income eventually but their younger years were not spent enjoying life as a young successful engineer can do. The disparity in lifetime income and wealth for many doctors vs. engineers is not in the end as great as one would think.
This is by far the most helpful video I’ve ever watched
My situation was kind of reverse, my parents wanted me to study engineering (me not knowing what I wanted to begin with) so I complied. After starting (civil engineering) I knew this was not for me, construction industry is vicious and business needs you to be cut-throat. After 5 years and a PE, I was able to work in a Hospital as Facilities Manager, it changed my whole pespective (I am a social person and I enjoy helping others) Now Im in the middle of applying to med school.
Dont do anything for money is not worth it. Your life will be miserable and you will hate every part of it, believe me, I am there. I wont deny that there is good money to be made in engineering.
in this way.. it will take me forever to become a doctor or enjoy myself. it will be exhausting. but i will do it
I'm becoming a pipe welder becuase engineers needs heros
I always wanted to take pharmacy and no matter how long it can get or how much you earn, if you actually like what you're doing, there's nothing to complain.
Training to be a doctor for the primary goal of earning money is like wanting to learn an instrument to be a famous rockstar. You are kind of missing the point. As a patient, I've seen so many doctors that appear to super dissatisfied with their lives, but were forced into a profession by their parent's values, and a desire for prestige. Follow your passion, become as well educated as possible and be the best you can be in your field and money will follow.
True! But don’t think being burned out and dissatisfied is because they went into medicine for the wrong reason. That’s victim blaming. The system is broken and burnout is a systemic issue, not an individual one
If you love your personal time and don’t want to work 17 hours a day without a day off than choose engineer. Yes being doctor will make you rich but you have to work like crazy and don’t have time for yourself. Money should not be everything. You mental health is important too
It's also worth thinking about how each profession scales. As a doctor you're very rarely going to help 2 or more people at the same instant in time. As an engineer, you're almost always helping many people at once. Decades from now, when the world is much wealthier than it is now, I think we'll see engineers commonly out-earning doctors for this reason.
@Zlar Vixen, I'm not claiming engineers' work would have value without humans. I'm claiming that most doctors (with the exception of those doing medical research) help people one at a time. They are very highly trained and skilled technicians.
If you're delivering value to 1 million people at once with your work, then it's possible to add more overall value to the human economy than helping people one at a time. If you can create more value, you can usually get paid more. That's what I mean by scaling.
Duh, Bill Gates, Elon Musk and the rest of Billionaires are Engineers
I just graduated from Qatar University as a civil engineer it cost me around 36,000 $
After I graduated I found a job that pays 820 $ per month. I quit and cruntly I work as a totuor and I get around 27 $ per hour. Now I make around 1400 $ per month.
I really want to travel to Canada or USA to work as a civil engineer. Here in Qatar they are very racist, because they have problem with Egypt they don't allow Egyptians to work full time. I just applied to get my master degree in Canada, wish me luck
My mom never had to pressure me to become a doctor. I'm eleven and I've wanted to become a surgeon since I was three, I love science and medicine. My mom and me have the same eyes for when it comes to my future.
Shoam Fanning same I’m debating between studying cardiology and chemical/nuclear engineering. I have a big passion for all sciences but salary matters quite a lot for me. I now have to decide whether I want to spend my young life becoming a doctor to get a good salary when I’m 40 or I get a less wage consistently.
@cs.flippz9152 what did u choose
Even if you do start off motivated by money, that does change either during or after school. You fall in love with it eventually.
Doctors save life by using equipment's made by engineers WHAT AN IRONY???
Doctors save lives my using their assessment skills too. I'm married to an engineer who thinks he knows everything about health just because he is an engineer. He is wrong most of the time!!
what is wrong with this. I think it's important to realize what you enjoy doing. Using tools to deliver a service or design tools. This is the key difference between engineers and doctors. Creator VS server.
But without a doctor's knowledge and skills those tools are useless...😏
And engineers are doing their work with good health because of doctors.
It doesn't need to be a competition. The point is... don't become a MD unless you have a LOVE of medicine. There are so many sacrifices involved in that profession.
Yeah! my parents made me choose medicine, I wanted to do engineering but I listened to them, and I'm glad I did!!
>engineers earning 100k out of college
buddy most people are lucky to earn 70k out of college, maybe look at the field of engineering as a whole rather than one small section of it
My friend who just graduated got a job making $45,000 a year. Now it's government and that's hella underpaid considering private sector with but yeah, the numbers ain't there
Just for some people who’d think they’d get paid 100k starting salary as an engineer, I graduated with my Masters (6 years of school) and had to fight my way to starting offers at 85k. The key here is ‘in LA’, where the cost of living is so high they have to pay you that just so you can drive to work.
Ah average engineer makes a lot less than 100k, sure software engineers CAN make 6 figures after years of experience
So I don’t know how this is accurate
After all, I believe whoever goes into medicine for the money, are shooting themselves in the foot
You have to want medicine wholeheartedly otherwise, any logical person would simply quit
Engineers ( the good ones) can be financially comfortable but personally the meaning that medicine provides is what should give purpose and fulfillment to our long training and life long learning
Software engineers making 6 figures is very common
Agreed, point of the video was a discussion that doing it for the money is not wise =)
My brother is an electrical engineer, 27 years old making $125k
@@zebakhan7913 that's a huge lie
@@mindhunter8772 I am an engineer working in Google (24 years old ) earning 150 I dollar ...I graduated from IIT DELHI .
See I was contemplating these two also, so I did an internship at a vet hospital to decide. On the second day they did an autopsy on a puppy and put a deaf mans secrvice dog down, I had a whole ass breakdown, here I am a 6'3 teenager having a whole breakdown in the middle of these people's office. No way I could handle a human death.
I selected to the medical college from high school exam. In that exam only 1% can select to a medical school. And then as a first year medical student now I study 10-12 hours daily almost 7 days per week. I need to continue this hard work for 6,7 years to complete my degree and become qualified doc, now Im 20 yers old and I will be dedicating whole of my young age for studies. And after being a doc I only get paid 2000 dollers per month. Why my hard work isn't reworded enough or are we not working hard enough compared to these footballers. 😓
FAANG engineer here! I make 650k/yr (currently 38). Absolutely crushing it!
You can definitely make more than doctors as an engineer. Work on your skills. I graduated from a tier 3 college from India and did my MS in USC. Later got a job at Google. Now working at Amazon. Cleared my debt within 1.5 years of joining the work force. My net worth is much more than most of the doctors. The point isn’t to bash doctors, but there are many other professions where you can make a similar or MORE with less stress.
Learn coding - these days you have so many more resources than I ever had at my time.
My sister wanted to be an oncologist so badly, but had to settle for family medicine. Thankfully she’s doing well now, but she still wonders what if I had stayed back home.
$100k may be realistic if you’re in Cali but thats only a fair assumption if you’re going to consider the high cost of living associated with the locations where that salary is plausible. 70-80k would’ve probably been a better starting number for most engineers
I want to become a doctor because I want to help people, I believe a doctor is the real super hero, I will help people for free.
In my opinion the most commonly made mistake is we often compare top doctors with average engineers
Doctors are way better than engineers
@@gauravnarodey8021 depends on the perspective you look at'
These are the types of videos I LOVE! Keep it up!
I hopefully going to be a doctor (dermatologist) and my sister is hopefully becoming a lawyer, we're both Asian (Chinese) yet our mother doesn’t care she says as long as we're happy and can support ourselves. Sometimes I think that she somehow brainwashed us. ( This is not a comment that is intentionally meant to insult)
I'm a chemical engineer graduate and currently in residency, med school is not as hard as engineering expecially chemical, as long as you're responsible for your actions and study you will pass unlike engineering which is very complex and hard especially physics and maths
What about europe
In europe Doctors are able to start working on average after 6 years for general practitioner and 8 for specialist and universities are usually free.
Moreover their salary remain higher than engineer's one
In Germany most of the med students finish after 7 years because it’s a very unusual exception when someone passes every exam with the first shot. Additionally you've to spend at least 5-7 more years for your specialisation if you ever want to earn more than 5.5k and even after investing all in all more than 12 years in studying you can earn 7k maximum. Their salary is fixed in Germany.
It’s like that(can’t translate the positions):
Assistenzarzt/without specialisation
4.5-5.5k in a course of 5 years
Facharzt/after 5-7 years of specialisation
5.5-7k in a course of 5 years
Oberarzt/approximately only 3% of all doctors in hospital will hold this position at one point of their career
7-9.5k
Chefarzt/only several hundreds in Germany hold this Position and on average being mid 50
9.5-no Limit
In comparison there are branches in engineering where freshmen can earn over 5k from the beginning and after only 5 years studying. Engineering is at least in Germany the better career choice but that may alternate throughout europe.
@@javidseyadahmed6917 Können Ingenieuren 5k verdienen?
Javid Seyad Ahmed Wer kein Oberarzt wird, ist selber schuld. Außerdem kann man sich jederzeit niederlassen.
I am currently a freshman in college and well I am sincerely lost, I want to help the world, and have a passion that helps me become something greater than I am currently. However, I struggle with not knowing how I want to help
Oh my, this video actually convinced to reach out to doctors and shadow them.
Engineers will be making decent cash cash straight out of college (if accepted into a job). On top of that, engineers generally get to have holidays and fixed hours. Engineers will basically have more time for their personal life unlike doctors but it doesn’t really matter because if being a doctor is your dream then you shouldn’t care about holidays, sleep, etc. because you essentially have the most honorable and respectable profession. After high school it’ll take at least 10-16 years to become a doctor (premed + med + internship/residency). On the other hand, it will take at least 4-8 years (the most rigorous bachelors degree according to many sources) to become an engineer. Oh and doctors have way more social interaction in the workplace unlike engineers. This also means that as doctors, you need to know how to work with people and not just on people. Now I don’t think people should care about how much what profession makes because by the end of the day, it’s what you do while you’re not at work that’ll make you wealthier or not. I’m also really high asf rn
Hate to say it but as an engineer, my starting salary was 70k :/ although I didn't include the bonus (does the $100k you mentioned include bonuses?). Although I was really happy with it at the time compared to making nothing in college.
Big difference btwn engineer and doctor is engineering is becoming commoditized through offshoring. Send the programming/design to low wage country. Docs can't be offshored. Also in the US, the AMA seeks to limit the number of docs. No comparable association for engineers.
I knew I should’ve become an engineer instead 😂
Lmao. SAME.
Adnan A there are so many engineers who are unemployed
@@lolzboiii8371 depends on which part of the world you live in.
@@smartjoe5258 in Malaysia both engineer and doctor has less job opportunities
@@smartjoe5258 I'm living in India
I too a doctor in India (in government sector)
i just wanted to share what I got as salary to world
1-As an intern- INR 7500/ month (approx 100$/month) total 1200 US $ anually
As resident MD- INR 55000/month (approx 720$/month) total 8640 US $ anually (now deduct 15% Tax) left with 7344 $ anually
When you're already an engineer but your parents are still waiting for you to become a doctor...😓
feels bro. idk if I wanna be doctor now. On one point, they make lots of money and are richer in the overall game. On the other, being a doctor seems like a very long run approach, and not sure if you are even gonna live that long.
@@johncam8420 exactly my thoughts bro!! I feel your pain lol @Randy Ly its not easy lol
come to malaysia, first residents' years (Housemanship), the salary are about RM5197 minus tax and EPF you probably end up with RM4500+ excluding study loans, etc..
that just about $1088 USD/month..
totally not worth, period!
Here working as lorry driver earns more than as a junior doctor. Not mentioned the working hours, getting scolded by seniors like it's a norm, and the stress is just insane as junior doctors.
God bless those that choose to go into these fields. These kind of professionals are essential and highly coveted. We have the luxury of knowing there are competent & motivated medical doctors & engineers that help us in our time of need. They produce and contribute high quality services to many communities. Lifelong learning keeps these people sharp and engaged in their careers. However, the doctors & engineers I have met seem burnt out and overly stressed. I have friends who are Internalists who claim they are very underpaid for the amount of work they do. They are heavy drinkers, never well rested, & watch vapid tv shows to decompress. They don’t seem happy, but they just keep plowing through regardless of their exhaustion. In an extreme case, my mother’s gastroenterologist was so depressed he jumped out of a highrise window in NYC. He cared deeply about his patients & over-committed himself to his work that he never took time off to recover from his demanding medical career.
my mother (a dermatologist) and my father (a nephrologist) both told me if I didn't go to med school they would disown me.
Both of my sisters were kinda forced to take nursing and go to med school but I am glad that they learn to love it though. I'm 13 and I would love to know myself more and choose a path where I wanted to have. like engineering? I think.
I'm 13 as well. My parents want me to become an engineer, but I find the medical field very fascinating and I have wanted to be a doctor since I was 5.
@@kai-yx8jh Biomedical engineers pay more. While most doctors are still in school, engineers would've made more money, own a house and invested more.
My mom is always insisting that I should be a doctor, and I’m just 12 and I’m still in school. All the time she talks about what her friends sons get as a doctor, and I’m sure she wants cut of my earnings.
This video does not consider the % taxes paid on income. An engineer pays way less taxes compared to a doctor.
EDIT (for details): An engineers income is lower but starts a lot earlier, so they pay taxes at a lower tax bracket. Additionally, any capital gains they make by investing their income at the early age are only taxed at 50% of their income tax bracket, allowing their total wealth to compound much faster.
Why is that? is it just income bracket ?
@@RiyadhElalami yup, because the tax system is progressive.
An engineers income is lower but starts a lot earlier, so they pay taxes at a lower tax bracket. Additionally, any capital gains they make by investing their income at the early age are only taxed at 50% of their income tax bracket, allowing their total wealth to compound much faster.
It's so different in my case!...my parents force me to become ias but becoming a Dr. is my childhood dream🤗....I will definitely prove my parents that Dr. Is the best profession overall🥰🥰....let me know if someone is there like me only😅
Those become the doctor they are passionate about it
Also is to consider that doctors won't have as much experience with actual handling money and learning how to do proper adulthood until their 30s, along with a lot less freetime.
what people don't know about studying engineering is...
high chance of not having a girlfriend. especially in mechanical field. *tries not to cry*
arpvc im sure you'll find a girlfriend ^^
So what Doctor can have chance to have girlfriend?
@@neutral1087 that’s if the doctor has that time on his hands lol
now this is a very important piece of information for all the people comparing salaries; the difference in quality of life between $500k and $150k is not that much. yes, if you're certainly making a lot of money if you're making $500k, but you're not THAT rich, you're not a billionaire, you're not going to be buying private jets and flying all over the world every couple of days. the difference in quality of life between an engineer and a doctor is maybe a supercar or two, but other than that, there's not much else.
I really liked this video. I'm an engineer with about 10 years of industry experience. I think a lot of people were complaining about starting salary because they missed the part where you mentioned how the data was from the San Francisco area. Over there, $100k would likely be considered pretty low. Even when I was at 6 years of industry experience and looking at jobs over there, I was unlikely to consider any offer that was less than $130k.
Something I would probably add to this for clarity, because I don't know if this is the deal with different types of "doctors", but "engineer" is kind of a nebulous term we give to tech professionals, and most companies have different pay ranges for each engineering job family. So a "development operations (DevOps) engineer" at a company could be in a higher or lower pay range than a "systems engineer", or "research engineer".
It may also be worth mentioning that you don't absolutely *need* a formal education and degree to become an engineer. Most companies will accept relevant work experience in place of a degree. I don't have a degree. I started my engineering career working for a tiny web development startup, spent about six years there amassing as much technical knowledge and experience on the job as I could, and then moved on to a larger company. There are some trade-offs, of course. Getting experience over an education means that I tend to have more operational experience than my peers with degrees, and I don't have the student loan debt. But I tend to lack knowledge of certain theoretical computer science concepts like time complexity and algorithmic analysis. Last year was the first time I'd ever seen a confusion matrix, but several of my peers were very familiar with it.
Specialty does affect pay for doctors. Primary care will be in the 200k range for starting, specialities will be in the 300k range for starting, and surgeons will be in the 400-600k range for starting
Can everyone stop assuming engineers make 100k out of school, because I’m an EE and I have never met an engineer with less than 1 year of experience making more than 73k. Engineers who make that level of salary are probably
I'm just gonna work at UPS...
I like the sliding scale you use for engineers. Because many of them go on to become borderline scientists and architects. Going even further. Into inventors. Which is at the top of the game from a technical standpoint. As then you have full control and you gain assets. Intellectual property with patents and such. Or some go on to be mid and high level managers or top level executives or go on to start their own company but still doing engineering things.