Who earns more money doctor or engineer

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Learn about SDN's nonprofit mission. Previous Thread Next Thread. I know my numbers are going to be off, but I will give it a try. Both graduate the same year. Student A is the engineering professional and Student B is the doctor. I'm also not taking into account cost of living and everything else for simplification. I'm assuming the usual undergraduate, to medical school, to residency path. SDN Members don't see this ad.

For simplification, we are assuming no student debt from undergraduate school. If I wanted to be a engineer I would be on SEN, so stop posting your crap about physicians pay. Nobody cares what you have to say. Quadratic , Mar 27, Have you ever thought that maybe, just maybe, some people might go into medicine for reasons other than money?

You can't always calculate the intangible SgtDoc , Mar 27, Medicine is more than how much money or debt you have. If all you premeds will do what you are passionate about you will not only be very happy but very successful. My grandfather used to tell me this story about a guy that washed windows on the skyscrapers in NYC. He did this to pay his way through school.

He absolutely loved his job and instead of going into wall street, engineering, medicine, ect He washed windows and eventually got contracts all over the city, had some employees, and became a very wealthy window washer. The best part was that he got to do what he loved for the rest of his life. The hardest part about finding a career is finding what you are passionate about.

Who earns more a Doctor or Engineer

You will be very disappointed if you choose a career based of money. Lets say you are passionate about engineering and start your own firm. What is your earning potential then. Lets say that you are all about medicine. These are docs that have revolutionized medicine in some way. You can only do that if you have the passion.

A doctor who truly cares ONLY about money probably wouldn't setting for FP in the first place. Besides, even if they are THAT worried about money, there are plenty of loan repayment programs you can take where you go work in a semi-rural area and they'll pay off your loans. Debt goes away and then you can move away when you're done. Again, using FP is pretty shady, considering most doctors aren't family practicioners.

Most pre-meds don't aspire to be such either. Those that want to do FP are the ones that match into FP. TheRealMD , Mar 27, An FP in the right location doing the right procedures can pull some serious money.

If you are an FP wanting to make a ton of money just focus your practice towards derm or do colonoscopies, ob, ect Why are posts in a different font always full of crap? Pinkertinkle , Mar 27, Wisconsindoctor, So do you have sources to back up these engineering salary claims? This is my first post! CRSMD , Mar 27, Those who are truly doing engineering as their daily job designing, planning, programming, etc.

These are a minority. What kind of golden fantasy job are you imagining? Seriously I don't know where you got your numbers. Don't get me wrong, I love engineering. I did it for undergrad and had I not gone to med school, I would have either gotten an MBA to go with the BS and try to climb the corporate ladder or gone to law school and done patent law for a biomedical company.

But your math for the run of the mill engineer is all wrong I see you are also assuming the engineer's schooling is completely free. Master's degrees don't pay themselves in most cases. Hurricane95 , Mar 27, What a douche LOL. Passionate about washing windows 8 hours a day For the rest of his life!? You've turned my life around. I'm going to become a pro window-washer and be happy forever!

I'll die at 94, washing windows. The people are my funeral will say "It's good he died doing something he loved. He lived a full, happy life ".

If you want to do engineering, then do engineering.

Doctor or engineer?

If you want to be a doctor, then go into medicine What's the point in comparing the financial prospects of each one? In both you can potentially make pretty decent money, or you may not.

There are certainly no guarantees in either profession. I ate a bagel today. Lets all be engineers! He lived a full, happy life". Seriously, I'm already making this decision. Luxian , Mar 27, Your numbers are way off. This should be obvious from your conclusion " You will never catch up to a person in your life-time". Of course he won't catch up! You gave the engineer a higher salary than the doctor! This is not realistic - go look up average salaries on salary.

Absurd even granting a promotion. As a doctor you will probably start at a higher salary than the engineer will top out at and it will only increase from there. Why did you not give the doctor any salary increase at all? Also this is assuming the lowest paid specialties. Jack S , Mar 27, OP is a moron it is official. I just had to say, as the significant other of a mechanical engineer, your salary predictions are extremely optimistic for the engineer.

What sort of engineer is this and did he have a 4. It takes quite awhile to reach k as an engineer. In the end it's not about money anyway. Even if I never catch up to engineers, who cares? I will still be living comfortably enough, be able the provide for my family, and more importantly for me working with people and seeing what a difference I'm making for them instead of sitting at a desk punching in numbers waiting for 5: If you want to be an engineer, fine, but at least get your facts straight first.

HappyG0Lucky , Mar 27, Just a brief look up on salary. You would have to compare an engineering manager to a doctor with an above average specialty to be fair maybe orthopedic surgeon. Now look at doctors: My point isn't to say that you will be super rich being a doctor. I just wanted to point out how biased and inaccurate your numbers are.

The OP's financial assumptions, analysis and conclusions are entirely absurd. I know a kid who recently graduated in the middle of his class from Michigan's Chem E program. He can't find an engineering job. Engineering is not an easy path. Experienced engineers often have a tough time retooling after a layoff because they may not be experienced in the hottest new software.

This may have been the norm in Do you think the OP might be on a waitlist or two? Obnoxious Dad , Mar 27, I feel like I have to weigh in and correct some misinformation enough to register after lurking for over a year.

I have been an engineer for almost ten years and I am now a manager. While the OP's scenario my not be the average, it is very possible - with the right field. I work in aerospace engineering and our starting salaries are above 60K. In my industry, wages rise very rapidly at first and then approach inflation as one plateaus in one's career. My salary doubled in about seven years. I personally know at least 3 engineers making K ten years out of undergrad.

Now this scenario is not the average Id say 95K ten years out is average at my company. However if you are smart enough and hardworking enough to get into medical school, especially a very competitive one, my guess is you may very well be one of the better engineers around your company.

Your pay and job opportunities will reflect this and your salary could easily rise as fast as originally posted. Also, at my company, if you are willing to attend a master's degree program in engineering while working, the company will automatically pay for it my company wont pay for MBAs, but other companies will.

So, in that sense, master's degrees do pay for themselves.

Working Life of a Doctor Vs. an Engineer | nihoyuyipe.web.fc2.com

Now, I am in no way trying to disparage a medical career, or its financial or personal rewards, but I would discourage people from posting their opinions as fact and personally attacking another poster if they know nothing about a topic. I love how he uses his calculations with high salaries for an engineer and an FP salary for a doctor. If money is all that matters, maybe he should see how the calculations work out when he is using a cardiologist making K or a rad onc doctor making K.

Wisconsindoc you have cemented yourself as the most annoying poster on SDN, at least in my book. Drogba , Mar 27, I guess it's the time of the year when we all like to rant, because this post is getting far more attention than it deserves.

Deanis , Mar 27, I hadn't seen any before but then again, I'm a noob here in terms of posts. I'm also an engineer. The numbers that wisconsin stated are quite possible if you are very intelligent and very motivated. However, if cash is your goal and you are a very intelligent and very motivated physician, you can do better.

But don't take my word for it: Using some very questionable "averages," some very questionable math, and some very questionable logic, you can make any point you want. And, yet, all of this BS still ignores the fact that engineering is a very different field from medicine. How do you put a price on doing what you want? BigRedPremed , Mar 27, Why is this forum always talking about money these days? TheElement , Mar 27, Look how flawed your data is. You use the highest debt possible against doctors k?..

Then, you assume an engineer is going to start at 65k HIGH and end up at k? My friend is majoring in Electrical engineering and he'll be lucky to be making 35k his first years out of college. The, you go on and assume some of the lowest wages for a physician. In summary, it's easy to skew numbers when you give one profession some of the highest salaries available and the other profession one of the lowest.

If you want to play that game, how about this? There was a doctor at the Mayo Clinic a while ago who made something like 1. How do I know? Mayo Clinic is a non-profit org, so they have to post their top 3 highest salaries. My father works there and I remember him telling me how he made something like 3x the amount the CEO for lack of better term was making.

I bet that guy will catch up to an engineer. The next person to post in this thread will be rejected by every school they apply to for the next 12 years. You have been warned. Those upper engineer salaries are way off.

If you are taking into account all of the ex-engineer managers, then the upper salaries are certainly possible however that represents only a very very small segment of people who graduated with a B. I would concur with the above posters that a normal engineer won't make that much money unless they go into management and are very successful. Additionally, some types of engineering jobs goes in waves.

Some companies are notorious for hiring new grads for awesome salaries and then firing these engineers years later and starting over. This makes rising the salary food chain very difficult. The starting salary isn't too high though for this market. If you went to a decent school, got good grades and did internships you can make that.

Most of the top people in my classes are getting offers in the mid 50k's. Also, why isn't this posted on studentengineer or something? Specifically regarding the OP's analysis, I find it somewhat lacking. Where is the effect of inflation, discount rate etc.

You can't just add up the dollars for each year and have it make any true sense TM , Mar 28, But medicine is much more stable. Engineering has huge problems of outsourcing literally to another country and H1-B visa workers within the US. Medicine is a much better career choice. RasslinGod , Mar 28, Your calculations are terrible. In fact, you assumed no growth of the physician salary, which is just dumb. I feel like you know your calculations are retarded and just posted it to be a troll.

Or maybe you didn't. In the latter case uh You must log in or sign up to reply here. Share This Page Tweet.

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