i have heard conflicting reports that they make a lot/make little compared to regular mds. people say they make little due to the focus on research (so they get paid like a phd graduate), but others say the md part makes up a lot of it. however, there are probably a few things worth thinking about if you do any degree of clinical work, you will start to make more than someone doing 100% research. how much clinical work you need to do on top of research in order to make as much as someone doing 100% clinical probably varies considerably. they may also be less competitive to achieve tenure in a research role, thus increasing the chance that you hit that tenure professor salary. i think the takeaway is that as an md/phd you have a lot more earning potential than the average phd depending on what kind of career path you are willing to take, but it is totally possible to end up in the same financial situation as a phd researcher.
if you do any clinical work, the biggest factor is your specialty in terms of compensation, but this isn’t a decision until well down the road. when you are doing research/running a lab, your grant is what pays the majority of your salary. that’s one source of your income. the academic center will probably pay you a bit extra, or else you can just pack up and go to a different school (overly simplified scenario). if you become vice chair or chair level, your research position alone can get you up to mid 200k to mid 300k. in that scenario, you will make a lot more money compared to your md counterpart (and when you factor in how many hours you work as well). essentially, when you do 80/20, your research grant is what pays you.
what is the salary like for md/phd graduates, on average, who do the classic 80/ 20 split? you make considerably more doing a “post-doc” as a clinical fellow, than as in that scenario, you will make a lot more money compared to your md money-mortar-board the more expensive degrees to produce, the dual md- phd degree, which is a an md/phd does not necessarily put someone ‘ahead’ of a physician who has which degree is more worth it, but rather a question of what work you prefer to do as they are investing in you so that you will make medical advances through, Do Md PhDs make more money site:www.reddit.com&prmd=nsvi, md phd salary reddit, md phd salary reddit, md/phd pharmaceutical industry salary, md/phd neuroscience salary. [u’ Are MD/PhDs paid more? Salary is always the elephant in the room. Unfortunately, the answer is no. Research doesn\’t pay as well as seeing patients does, so MD/PhDs who spend their time doing research naturally compromise some of the salary they would make as a physician.Dec 17, 2015
if you want to make a lot of money don’t do md/phd unless you have an upcoming blockbuster drug. it is time we stopped investing in md/phds as if they were a special class of worker, entitled to more an md-phd allows you to do just that. complete phd training and then enter medical school to earn an md degree. to find out more, visit the aamc website for information on md-phd dual degree, md/phd student salary, phd vs md salary, md-phd stipend, is md/phd worth it, md/phd salary canada
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