M.D. Average Salary
The people who have earned their Doctor of Medicine (M.D.) degree vary depending upon certain factors. The physicians who are self employed generally earn more than those who are being employed by a medical group and, in case of the specialists, they make more than the general practitioners.
Salary By Specialty
By the end of November 2010 the PayScale said that the pediatricians earned upto $100,223 to $145,391, whereas the anesthesiologists can make something near $200,000 to $180,149 and the general surgeons earn from $151,895 to $294,617.
As per the Bureau of Labor Statistics (BLS), jobs for the physicians and the surgeons are projected to grow by 22 percent from 2008 till 2018 which is much quicker than the average.
Training to become is a tedious and an expensive process. In order to have an M.D., the students have to complete four years of undergraduate training and four years of medical school. In the words of American Medical Association, the medical school graduates in 2009 incurred an average debt of $156,456. The physicians and the surgeons take part in rotating internship before they decide about which field to specialize in. Afterwards they complete the residency which may take from two to six years. Moreover, in order to practice medicine the doctors have to pass the United States Medical Licensing Examination too.
Rate This Article:
Rate This Video:
Follow TheRichest channel on Facebook to stay tuned to the most interesting articles and videos on the web.