When you think about furthering your education with the goal of translating your interests in to a viable career, the choices may appear obvious. For undergraduates with a bachelor of health sciences degree looking to join the medical profession, medical school may seem like an obvious next step. But, keep in mind that medical school is not for everyone, and there are any number of alternatives, from hospital administration to medical research that allow you to exercise your knowledge of science without becoming a physician. Whether you've already made up your mind to begin applying to medical school or you're still considering your options, it's worth it to ask yourself a number of important questions that might give you a more realistic view of the process of become a physician.
On a practical level, the total costs of becoming a doctor has been estimated at over $200,000, which includes medical school tuition, room and board, and fees. Most students take out loans to pay for their education and graduate with an average debt of $150,000. In terms of time, you should be prepared to spend four years in medical school and from one to eight years in your hospital residency, depending on your specialty. If you have a bachelor of biomedical science, you could launch a career in health policy development or physiotherapy in less than half the time. Another thing you may want to consider is the daily commitment of staying on top of coursework. Medical students routinely complain about everything from sleep deprivation to compromised relationships with family, friends and significant others. Because of the intense workload, you should take an honest look at your work ethic and ask yourself if you're ready for the challenge.
Once you've weighed the practical considerations, you should think about the risks involved with being a physician. While it is an extremely prestigious profession, the prospect of a potential malpractice suit is something that every physician should plan for. The costs of medical malpractice insurance is estimated at over $20,000 per year for general surgeons, and even more for an OB/GYN, not to mention the costs of a lawsuit. There are also higher incidences of malpractice suits associated with some medical schools. The effect a malpractice suit has on doctors range from a damaged reputation to financial ruin, which means you should graduate medical school with a healthy personal and legal support system.
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