Jobs, Salaries and Career after Masters in Medicine - Updated 2023

2020 median Pay for Medicine

Wages for physicians and surgeons are among the highest of all occupations, with a median wage equal to or greater than $208,000 per year.

Pay

Some examples of clinical settings are physicians' offices and hospitals, including academic hospitals associated with residency programs or schools of medicine. Nonclinical settings include government agencies, nonprofit organizations, and insurance companies. In clinical settings, physicians may work as part of a group practice or healthcare organization. These arrangements allow them to coordinate patient care but give them less independence than solo practitioners have. Physicians and surgeons may stand for long periods throughout the day. Other working conditions may vary by specialty. For example, surgeons and anesthesiologists usually work in a sterile environment and must follow protocol to maintain it during procedures. Work Schedules Most physicians and surgeons work full time.

Best paying jobs for Health and Wellness - Updated 2022

Number of Jobs for Medicine

Number of Jobs in 2020 was 727,000

Education required

Doctoral or professional degree

Job Outlook for Medicine

Overall employment of physicians and surgeons is projected to grow 3 percent from 2020 to 2030, slower than the average for all occupations. Despite limited employment growth, about 22,700 openings for physicians and surgeons are projected each year, on average, over the decade. Most of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

Job description of Medicine

Physicians and surgeons diagnose and treat injuries or illnesses and address health maintenance. Physicians examine patients; take medical histories; prescribe medications; and order, perform, and interpret diagnostic tests. They often counsel patients on diet, hygiene, and preventive healthcare. Surgeons operate on patients to treat injuries, such as broken bones; diseases, such as cancerous tumors; and deformities, such as cleft palates.

There are two types of physicians, with similar degrees: M.D. (Medical Doctor) and D.O. (Doctor of Osteopathic Medicine). Both use the same methods of treatment, including drugs and surgery, but D.O.s place additional emphasis on the body's musculoskeletal system, preventive medicine, and holistic (whole-person) patient care. D.O.s are most likely to be primary care physicians, although they work in all specialties.

Duties

Physicians and surgeons typically do the following:

  • Take a patient’s medical history and perform a physical exam
  • Document and update charts and patient information to show findings and treatments
  • Order tests and consultations for other physicians or healthcare staff to perform
  • Review test results to identify abnormal findings
  • Recommend, design, and implement a treatment plan
  • Address concerns or answer questions that patients have about their health and well-being
  • Help patients take care of their health by discussing topics such as proper nutrition and hygiene

Physicians and surgeons focus on a particular type of practice. Within their area of focus, they also may specialize or subspecialize. The following are examples of types of physicians and surgeons:

Anesthesiologists focus on the care of surgical patients and on pain relief. They administer drugs (anesthetics) that reduce or eliminate the sensation of pain during an operation or another medical procedure. During surgery, they adjust the amount of anesthetic as needed and monitor the patient's heart rate, body temperature, blood pressure, and breathing. They also provide pain relief for patients in intensive care, for women in labor, and for patients suffering from chronic pain.

Cardiologists diagnose and treat diseases or conditions of the heart and blood vessels, such as valve problems, high blood pressure, and heart attacks. Cardiologists may work with adults or specialize in pediatrics (typically newborns through age 21). Although they treat many of the same disorders in either population, cardiologists in pediatric care focus on conditions that patients are born with rather than on those that develop later in life.

Dermatologists provide care for diseases relating to the skin, hair, and nails. They treat patients who may have melanoma or other skin cancers. They may offer both medical and surgical dermatology services.

Emergency medicine physicians treat patients in urgent medical situations. These physicians evaluate, care for, and stabilize patients whose illness or injury requires immediate attention. Unlike many other physicians, who often choose to specialize, most emergency medical physicians are generalists.

Family medicine physicians are generalists who address health maintenance and assess and treat conditions that occur in everyday life. These conditions include sinus and respiratory infections, intestinal ailments, and broken bones. Family medicine physicians typically have regular, long-term patients, who may include all members of the same household.

General internal medicine physicians diagnose and provide nonsurgical treatment for a range of problems that affect internal organs and systems such as the stomach, kidneys, liver, and digestive tract. Internists use a variety of diagnostic techniques to treat patients through medication or hospitalization. Their patients are mostly adults. They may specialize, such as in gastroenterology or endocrinology.

Neurologists diagnose and treat those with disorders of the brain and nervous system, such as Alzheimer’s disease, amyotrophic lateral sclerosis (ALS), and epilepsy. These physicians may specialize in one or more conditions, or they may work as pediatric neurologists to diagnose and manage the care of children with autism, behavioral disorders, or other neurological conditions.  

Obstetricians and gynecologists (OB/GYNs) provide care and counsel to women regarding pregnancy, childbirth, and the female reproductive system. They also diagnose and treat health issues specific to women, such as cervical cancer, ovarian cysts, and symptoms related to menopause.

Ophthalmologists diagnose and treat conditions of the eye. Treatment may include surgery to correct vision problems or to prevent vision loss from glaucoma and other diseases. Ophthalmologists also may fit eyeglasses, prescribe contact lenses, and provide other vision services.

Orthopedic surgeons diagnose and treat conditions of or injuries to the musculoskeletal system, which includes bones, muscles, ligaments, and tendons. They may specialize in certain areas of the body, such as the foot and ankle, or in a particular type of practice, such as sports medicine.

Pathologists test body tissue, fluids, and organs and review test results to diagnose diseases. These physicians may choose specializations that include clinical pathology, which focuses on laboratory analysis of bodily fluids, and anatomical pathology, which focuses on examinations of tissue and other samples acquired through autopsy or surgery.

Pediatricians provide care for infants, children, teenagers, and young adults. They specialize in diagnosing and treating problems specific to younger people. Most pediatricians administer vaccinations and treat common illnesses, minor injuries, and infectious diseases. Some pediatricians specialize in serious medical conditions that commonly affect younger patients, such as autoimmune disorders.

Pediatric surgeons diagnose, treat, and manage a variety of disorders and diseases in fetuses, infants, children, and adolescents. These surgeons collaborate with physicians involved in a child’s medical care—including neonatologists, pediatricians, and family medicine physicians—to determine the best treatment options for the child.

Psychiatrists are primary mental health physicians. They diagnose and treat mental illnesses through a combination of personal counseling (psychotherapy), psychoanalysis, hospitalization, and medication. Psychotherapy involves psychiatrists helping their clients change behavioral patterns and explore past experiences. Psychoanalysis involves long-term psychotherapy and counseling. Psychiatrists may prescribe medications to correct chemical imbalances that cause some mental illnesses.

Radiologists review and interpret x rays and other medical images, such as ultrasounds, to diagnose injuries or diseases. They may specialize, such as in diagnostic radiology, which involves reviewing images and recommending treatment or additional testing, or in interventional radiology, which includes diagnosing patients and treating them with minimally invasive techniques.

Physicians in healthcare establishments work daily with other healthcare staff, such as registered nurses, other physicians, medical assistants, and medical records and health information technicians.

Some physicians choose to work in fields that do not involve patient care, such as medical research or public policy.

How to become Medicine

Physicians and surgeons typically need a bachelor’s degree as well as a degree from a medical school, which takes an additional 4 years to complete. Depending on their specialty, they also need 3 to 9 years in internship and residency programs. Subspecialization includes additional training in a fellowship of 1 to 3 years.

Education

In addition to requiring a bachelor’s degree, physicians and surgeons typically need either a Medical Doctor (M.D.) or a Doctor of Osteopathic Medicine (D.O.) degree. No specific undergraduate degree is required to enter an M.D. or D.O. program, but applicants to medical school usually have studied subjects such as biology, physical science, or healthcare and related fields.

Medical schools are highly competitive. Applicants usually must submit transcripts, scores from the Medical College Admission Test (MCAT), and letters of recommendation. Medical schools also consider an applicant’s personality, leadership qualities, and participation in extracurricular activities. Most schools require applicants to interview with members of the admissions committee.

Some medical schools offer combined undergraduate and medical school programs that last 6 to 8 years. Schools may also offer combined graduate degrees, such as M.D.-Ph.D., M.D.-MBA, and M.D.-MPH.

Students spend the first phase of medical school in classrooms, small groups, and laboratories, taking courses such as anatomy, biochemistry, pharmacology, psychology, medical ethics, and in the laws governing medicine. They also gain practical skills: learning to take medical histories, examine patients, and diagnose illnesses.

During their second phase of medical school, students work with patients under the supervision of experienced physicians in hospitals and clinics. They gain experience in diagnosing and treating illnesses through clerkships, or rotations, in a variety of areas, including internal medicine, pediatrics, and surgery.

Training

After medical school, almost all graduates enter a residency program in their specialty of interest. A residency usually takes place in a hospital or clinic and varies in duration, typically lasting from 3 to 9 years, depending on the specialty. Subspecialization, such as infectious diseases or hand surgery, includes additional training in a fellowship of 1 to 3 years.

Licenses, Certifications, and Registrations

All states require physicians and surgeons to be licensed; requirements vary by state. To qualify for a license, candidates must graduate from an accredited medical school and complete residency training in their specialty.

Licensure requirements include passing standardized national exams. M.D.s take the U.S. Medical Licensing Examination (USMLE). D.O.s take the Comprehensive Osteopathic Medical Licensing Examination (COMLEX-USA). For specific state information about licensing, contact your state’s medical board.

Board certification in a specialty is not required for physicians and surgeons; however, it may increase their employment opportunities. M.D.s and D.O.s seeking board certification in a specialty may spend up to 9 years in residency training; the length of time varies with the specialty. To become board certified, candidates must complete a residency program and pass a specialty certification exam from a medical certifying board. Examples of certifying boards include the American Board of Medical Specialties (ABMS), the American Osteopathic Association (AOA), and the American Board of Physician Specialties (ABPS).

Important Qualities

Communication skills. Physicians and surgeons need to convey information effectively to their patients and to other healthcare workers. They also must be able to dictate or write reports that clearly describe a patient’s medical condition or procedure outcome.

Compassion. Patients who are sick or injured may be in extreme pain or distress. Physicians and surgeons must treat patients and their families with understanding.

Detail oriented. To ensure that patients receive appropriate treatment, including medication, physicians and surgeons must be precise in monitoring them and recording information related to their care.

Dexterity. Physicians and surgeons must be agile and sure handed, especially when working with extremely sharp medical instruments.

Leadership skills. Physicians and surgeons must coordinate with a team of other healthcare workers to manage patient care or direct medical procedures.    

Organizational skills. Good recordkeeping and other administrative skills are critical for physicians and surgeons in both medical and business settings.

Patience. Physicians and surgeons must remain calm and tolerant when working with patients who need special attention, such as those who fear or ignore medical treatment.

Physical stamina. Physicians and surgeons may spend many hours on their feet, including walking between patient visits or procedures. Surgeons may spend a great deal of time bending over patients during surgery.

Problem-solving skills. Physicians and surgeons need to evaluate patients’ symptoms to determine appropriate treatment. In some situations, such as emergencies, they may need to analyze and resolve crises quickly.


What people in similar profession do

Job Title What they do How to become one
Chiropractic Postsecondary teachers instruct students in a variety of academic subjects beyond the high school level. Educational requirements vary with the subject taught and the type of educational institution. Typically, postsecondary teachers must have a Ph.D. or other doctoral degree in their field. However, a master's degree may be enough for some postsecondary teachers at community colleges. Other postsecondary teachers may need work experience in their field of expertise. Education Postsecondary teachers who work for 4-year colleges and universities typically need a Ph.D. or other doctorate in their field of degree.
Dentistry Postsecondary teachers instruct students in a variety of academic subjects beyond the high school level. Educational requirements vary with the subject taught and the type of educational institution. Typically, postsecondary teachers must have a Ph.D. or other doctoral degree in their field. However, a master's degree may be enough for some postsecondary teachers at community colleges. Other postsecondary teachers may need work experience in their field of expertise. Education Postsecondary teachers who work for 4-year colleges and universities typically need a Ph.D. or other doctorate in their field of degree.
Medicine Physicians and surgeons diagnose and treat injuries or illnesses and address health maintenance. Physicians and surgeons typically need a bachelor’s degree as well as a degree from a medical school, which takes an additional 4 years to complete. Depending on their specialty, they also need 3 to 9 years in internship and residency programs. Subspecialization includes additional training in a fellowship of 1 to 3 years. Education In addition to requiring a bachelor’s degree, physicians and surgeons typically need either a Medical Doctor (M.D.) or a Doctor of Osteopathic Medicine (D.O.) degree.
Osteopathic Medicine Physicians and surgeons diagnose and treat injuries or illnesses and address health maintenance. Physicians and surgeons typically need a bachelor’s degree as well as a degree from a medical school, which takes an additional 4 years to complete. Depending on their specialty, they also need 3 to 9 years in internship and residency programs. Subspecialization includes additional training in a fellowship of 1 to 3 years. Education In addition to requiring a bachelor’s degree, physicians and surgeons typically need either a Medical Doctor (M.D.) or a Doctor of Osteopathic Medicine (D.O.) degree.
Podiatric Medicine Podiatrists provide medical and surgical care for people with foot, ankle, and lower leg problems. Podiatrists must earn a Doctor of Podiatric Medicine (DPM) degree and complete a 3-year residency program. Every state requires podiatrists to be licensed. Education Podiatrists must have a Doctor of Podiatric Medicine (DPM) degree from an accredited college of podiatric medicine. A DPM degree program takes 4 years to complete.
Patient Safety and Healthcare Quality Medical and health services managers plan, direct, and coordinate the business activities of healthcare providers. Most medical and health services managers have at least a bachelor’s degree before entering the field. However, master’s degrees are common and sometimes preferred by employers. Educational requirements vary by facility and specific function. Education Medical and health services managers typically need at least a bachelor's degree to enter the occupation.
Hospital and Health Care Facilities Administration/Management Medical and health services managers plan, direct, and coordinate the business activities of healthcare providers. Most medical and health services managers have at least a bachelor’s degree before entering the field. However, master’s degrees are common and sometimes preferred by employers. Educational requirements vary by facility and specific function. Education Medical and health services managers typically need at least a bachelor's degree to enter the occupation.
Genetic Counseling/Counselor Genetic counselors assess individual or family risk for a variety of inherited conditions, such as genetic disorders and birth defects. Genetic counselors typically need a master’s degree in genetic counseling or genetics, and board certification. Education Genetic counselors typically need a master’s degree in genetic counseling or genetics. Coursework in genetic counseling includes public health, epidemiology, psychology, and developmental biology. Classes emphasize genetics, public health, and patient empathy. Students also must complete clinical rotations, during which they work directly with patients and clients.
Public Health Education and Promotion Health education specialists develop programs to teach people about conditions affecting well-being. Community health workers promote wellness by helping people adopt healthy behaviors. Health education specialists typically need at least bachelor’s degree. Some employers require or prefer that health education specialists be certified. Community health workers typically need at least a high school diploma and must complete a brief period of on-the-job training. Some states have certification programs for community health workers. Education Health education specialists typically need at least a bachelor’s degree in health education or health promotion.

Job Outlook for other majors in Health and Wellness

Job Title Number of jobs Median Salary Job outlook
Health and Wellness 125200 $48140 Much faster than average
Chiropractic 1276900 $80560 Faster than average
Dentistry 1276900 $80560 Faster than average
Medicine 727000 $ Slower than average
Osteopathic Medicine 727000 $ Slower than average
Podiatric Medicine 12100 $134300 Slower than average
Patient Safety and Healthcare Quality 429800 $104280 Much faster than average
Hospital and Health Care Facilities Administration/Management 429800 $104280 Much faster than average
Genetic Counseling/Counselor 2400 $85700 Much faster than average
Public Health Education and Promotion 125200 $48140 Much faster than average

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Source and Credit : Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, https://www.bls.gov/ooh/