A science person for... Wharton???

<p>Is it rare that a science person gets accepted into wharton?</p>

<p>I have no direct business experience but got 5's on Micro/Macro and Calc. I also have a bunch of science awards, including a JHSH and published papers in science journals. </p>

<p>I am just curious on whether it is plausible for someone more suited for science to get into wharton. This is especially more of concern now that i am convinced that Medicine is screwed.</p>

<p>If you're into Engineering, there's the Jerome Fisher M&T program. For bio-sciences, there's the Vagelos LSM program.</p>

<p>No i mean just applying to Wharton. No dual degree programs.</p>

<p>Hmm to be honest I am not really sure. I had a few econ awards but nvr took a business class and got into LSM. I am, though, a little curious as to why you would honestly want to abandon all the science stuff which you clearly are passionate about to do business.</p>

<p>PS- I was premed-focused for literally 17 years of my life (ya..my parents told me at like age 1 that I could either go to divinity school or medicine). I agree with you that medicine really isnt worth it from a monetary/lifestyle standpoint. However, LSM will giv you the ability to keep medicine open and dominate healthcare high finance. I'd look into it. Plus, if you want to enter a field in medicine that is thriving rite now, look at dentistry.</p>

<p>You don't need to have business extracurriculars in high school for Wharton. There are a lot of people who were "science people" in high school. A lot of them do tend to do dual degree programs, but I guess that's more of a natural extension of their interests. I wouldn't worry about it, either way.</p>

<p>Sure can. Living proof right here. I was all science and engineering and no business. However, I made sure to explain my interest in business through my essays. Good luck!</p>

<p>@Rtgrove</p>

<p>LSM is extrodinarily competitive. 25 kids a year out of thousands of applicants i believe? Correct me if i am wrong.</p>

<p>In addition, being a doctor certainly isnt worth it from the monetary and lifestyle point of view. rates are being slashed dramatically over the next 4 years and who says they wont be slashed again in another 4 years? Do that twice or thrice, and it no longer makes sense for a 2350+ kid, who can presumably thrive in any career field, to enter medicine when he can thrive as an investment banker.
As wall streeters have proved repeatedly, the endeavors driven by greedy by pass any possible regulation imposed on by petty politicians. </p>

<p>Thus most likely, i will be looking into Wharton. My parents borne to maximize my income, not for me to save lives by losing money (taking medicaid patients actually forces the physician to LOSE money, factoring in overhead and insurance premiums).</p>

<p>Saddly, you are correct about medicine. </p>

<p>LSM is competitive, but it is competitive in a different way. Its all about match. Its rly all about showing your interest in BOTH business and the life sciences. Though, you can select another school to be considered for if you dont make it into LSM. I, like you, wanted to try and secure a high paying job. So, I asked to be considered for Wharton if I didn't make it into LSM. However, those dual degrees will greatly help you stand out when applying for those competitve banking spots in the healthcare divisions of groups like GS. Though, I do understand if you want to step totally away for the health sciences.</p>

<p>Hey, though, this is more cuz I'm curious about your opinion here. You think dentistry will be a good field to enter in 8 years? As of now, you pull in an avg of 200k in Nebraska (where I live) as a general practioner, work 30-50 hrs/week, and only have an extra 4 years of school after college. Then, if you go into ortho or something, you make 300-400k starting. Idk...sounds like a sweet career given its alot more stable than banking.</p>

<p>o btw heres supporting data from the ADA regarding dentistry salary. I think stability and a good income are EASILY the two most important factors you can hav in a job right as long as you can TOLERATE the job.</p>

<p>These stats are from 2008..make of tht what you will...</p>

<p><a href="http://www.ada.org/sections/professionalResources/pdfs/08_sdpi_highlights.pdf%5B/url%5D"&gt;www.ada.org/sections/professionalResources/pdfs/08_sdpi_highlights.pdf&lt;/a&gt;&lt;/p>

<p>Tho make sure you note that these numbers are not reflective of what you make starting! This is when you are 30+</p>

<p>Wharton doesnt really care whether you have business EC's/experience. What they want to see is that you are passionate about something; science is a great way to demonstrate that passion. Just be sure to express your interest in business through the essays.</p>

<p>Also, I know several math/science kids with no business experience who ended up getting into wharton (2 got into M&T)</p>

<p>
[quote]
...maximize my income, not for me to save lives by losing money

[/quote]

@jasonInNY -- not to start some huge controversy, but are you saying that saving lives isn't worth losing a bit of money? really?
I thought that human lives had a greater value.</p>

<p>wait, what careers are considered mroe financially sound than medicine?</p>

<p>haha i know a sound like a broken record here..but I'd argue that dentistry is more financially sound than medicine because it is FAR less likely the govt will intervene in things like dentistry. After all, we simply can't afford to nationalize both dentistry AND medicine. Our nation chose to attack and destroy medicine instead.</p>

<p>@splendiferous</p>

<p>Surely, human life can BE quantified with dollar amounts no? A very sophisticated arguement for this is: If human life is so darn valuable, should ALL doctors be billionaires? (lets break Medicare even faster :)) Further yet, if lives are so valuable, there would be no poverty. There are people who would seriously rather die than get expensive procedures that would cripple their love one's finances. WHile insurance covers some procedures, you have to shell out a ridiculous amount for others (MRI, CT scans- HUGE COPAYs/ no coverage).</p>

<p>Of course human life is valuable... its just there is a severe lack of incentive to help the poor medicaid patients. When doctors have to lose money and waste his own time, patients have mysteriously had a hard time finding caretaker.</p>

<p>This is off-topic, but reading this made me annoyed. It's funny how people feel it's so important to make tons of money. Investment banking is probably the biggest waste of talent on the planet. A job which essentially produces nothing. About medicine I have to say that it would nothing but good if the rates were slashed significantly, because that would provide a lot of incentives to optimize processes at hospitals. </p>

<p>Here's an example of getting a colonoscopy:</p>

<p>In my European home country with "socialized medicine":</p>

<p>When scheduled an appointment, you get papers mailed home with all the legalize and risks involved. You sign these and bring them with you to the appointment. When you arrive at the hospital you register yourself hand over the papers and you are told to sit down and wait in the lobby. Maybe 5min before they are ready to begin your procedure you get escorted into a room where you change your clothes and bag your belongings. Then you wait to be called in to the operating room. When the procedure is done, you are handed your bag and you walk out and go home.</p>

<p>What makes this effective is that while you change your clothes in the waiting room, they clean the equipment after the previous patient and immediately once they are done they take the next patient. The doctor and the nurses are essentially factory workers. They get a constant salary per month from the hospital for X number of hours per week and get paid lots of money for every extra hour. This makes it expensive for the hospital to make doctors do long hours, so they hire more of them instead.</p>

<p>The US version:</p>

<p>You arrive at the hospital register and change your clothes. You sit with your robe on in a hospital bed essentially occupying valuable equipment. After a while your doctor comes to see you and he starts explaining you personally things about the procedure and reassures you that he's very experienced and that none of the minor risks involved has ever happened to him. Later a nurse comes with all the legalize that you need to read and sign. After waiting some more you get taken to the operating room. Once done the doctor explains to you what happened and you get to change back. Essentially the doctor wastes a lot of his time just trying to make you comfortable. This is something the doctor shouldn't give a **** about.</p>

<p>There's absolutely no difference in the quality of care. If you want to go into health care management, you could begin by transforming hospital to resemble factories.</p>

<p>Umm we have family in Western Europe (France and England) and in Central/Eastern Europe (Serbia). They have lived there and in the United States. They would tell you the healthcare system in the US is VASTLY superior to Europe in just about every way.</p>

<p>I'm coming from a Scandinavian country and I do have a pretty good picture of how things work here compared to back home (I'm Aetna's worst nightmare).</p>

<p>The difference here is that you get treatment fast, but there's actually no difference once you get past the general practice doctors and doctors actually realize that something really is wrong. This is something people like. However, the way people are treated at the hospital is a huge waste of resources.</p>

<p>EDIT: The one thing that people do like here is that they FEEL that they are being taken care of. However, if you start thinking about how much of this pampering is actually necessary for your medical treatment, you just start getting annoyed.</p>

<p>Just 1 point to clarify: The US probably has the best health care system if you exclude the uninsured from the statistics. Trying to compare overall US health statistics to those of socialized heath care countries is like trying to compare oranges to machine guns== no go.</p>

<p>I mean when you get pancreatic cancer, where would you rather be? In UK where you wait 6 months for your MRI/CT or in the US, where a radiologist will go in there and deliver drugs via Interventional radiology within a week or two if you have the dough (considering you will die without the procedure, i'd shell out up to 20 years of your income)?</p>

<p>The thread is getting a little off topic.</p>

<p>So in short, Wharton doesnt care if you didnt get some summer business internship because you were pursuing the sciences but cares a lot more about your Calc BC, 800 SAT math 2, and 800 SAT math score?</p>

<p>
[Quote]
Investment banking is probably the biggest waste of talent on the planet. A job which essentially produces nothing.

[/Quote]

Ah yes, the layman's "F U WALLSTREET@!!!#!!@#!!!!@" rant</p>

<p>I have many friends working in investment banking and even they tell me that their work is pretty meaningless to society, but as long as they get paid well, they do it. What I'm saying is that their talent would be in better use as e.g. engineers. The high pay is essentially stealing some highly qualified people from engineering disciplines to a field which doesn't really produce anything. Yes, you need financing for companies to operate, but do you really think that something like automated trading based on complicated algorithms adds anything to our society? Guess which part of finance employs a lot of talented Ph.D. in math related disciplines?</p>

<p>EDIT: regarding the pancreatic cancer, you can actually get that treatment in most European countries at a private hospital (they do exist) if you pay for it. In my country you can get private medical insurance which covers stuff like MRIs which are usually hard to get for stuff like random back pain and if you get the insurance when you are born (no exclusions and added costs) you pay about 200 euros/year for it.</p>