on the top of this article, you can see Manipal medical university is offering scholarships for the foundation course. It is giving a discount to capture more students. Its tuition fee is Rm 345,000. It is like the advertisement for condominium aircon and fridge are free of charge: Koon Yew Yin
When they are young and top top students, and the parents are from poor and middle class families, it is normal that all of them are brain washed into only wanting medicine, and nothing else.
Slaves to the system Better are those above the system..and look down realistically.
That is what it is, and advertisements with free air cons are still being practiced......must be because it works.
(on the top of this article, you can see Manipal medical university is offering scholarships for the foundation course. It is giving a discount to capture more students. Its tuition fee is Rm 345,000. It is like the advertisement for condominium aircon and fridge are free of charge: Koon Yew Yin)
In Malaysia, all the assistance is focused on those with straight As....probably true else where too. I for one, don't think the straight As are divine beings, and the straight As are assessed by who? By our Education Ministry officers with their ridiculous syllabus and tests?
The real tragedy is not top top students cannot doctors. The real tragedy is that our Ministry has made a mess of the whole system.
The present generation from the poor do not have the upwards mobility of the previous generation.
And the top top students are not even the best of their generation. I have no faith in the government exams and government assessments of the students.
If always only look at profit and loss before choosing a course..maybe most will be uneducated already & there wont be any doctor Education is one of the best long term investment one can get unless he or she prefer working at mcdonalds or 7 eleven
All one needs is ONE language (English please), Maths...Science (especially physics), and Business....this one what KC teach is already good enough...
The rest you will be learning when you work. So far I have only applied 5% of what I have learned in my working life.... what a waste of time in Education.
Imagine the impact of Education investment of 15 years if you had invested the same amount with a CAGR of 15%!
People had unnecessarily made the syllabus large for the objective of selecting the best for certain course...it purely arose due to competition. One can access the best with same limited subjects...by making it deeper or better still lessen the competition by providing more institution / support for tertiary education.
Back in the good old days , the smarter ones usually get to study doctor, lawyer or engineer.. the bums maybe take business and accounting.. The bums may earn more than the doctor , lawyer or engineer - depends what path they take
Mr. Koon, are you aware that private specialist doctors earn between RM 15000 - RM 50000 per month. While consultants could hit more than RM 100k per month? After reading your article, I find that you do not understand the medical industry. The medical profession is still the most promising in terms of earnings prospect where one is able to make as much as a managing director in a listed company provided that he or she is willing to put in the sacrifices in furthering the education minus the luck factor.
450K invested for 20 years with a CAGR of 15% is the same as earning 40K per months right from day 1. With monthly earning of ~ 90K per month after 20 years. (not comparing the NPV at the end of 20 years yet)
Hello guys: while it is true that some (a small minority of doctors )specialists in private practice make a lot of money, most doctors don't make that much. A government doctor who is not a specialist only makes at most 10K a month after close to 10 years service. And do you know how difficult is it for an ordinary doctor to become a specialist? It takes about 8-10 years from graduating from medical schools for an ordinary doctor to become a qualified, gazetted specialist. And the fact is: this country has an oversupply of ordinary doctors now! Does everyone realize that?
Highest salaried job is not a doctor or an engineer. Just compare with IB you will know where do you stand.
### This is what a day in the life of a JP Morgan intern is like
She’s one of hundreds of interns working at the investment bank during the university holidays, who are essentially following the same programme, whether they’re in London, Hong Kong or New York.
If previous years are anything to go by, a majority of the summer intake will be offered positions at JP Morgan for when they finish studying — becoming high-flying and highly-paid investment bankers.
JP Morgan won’t disclose how much the interns are paid, but they’re effectively being trialled for first year analyst jobs reportedly paying around $85,000 (£54,200) before bonuses.
Even those associates in big three business consulting firms earn very much more than a doctor.
Big three has admitted a new member. For MBB(+A), the 'A' has grown in size. Very soon will become MBBA in the true sense.
Accenture to Acquire Schlumberger Business Consulting (SBC), the Management Consulting Arm of Schlumberger, to Expand Accenture Strategy Capabilities in Upstream Oil and Gas
Student who planned to study medicine degree should know brilliant result is a must, seem to be an unrealistic application. not sure our youngster think big or dream big :)
in the 1960s 1970s, you are one lucky girl if u marry a teacher. then many got disaapointed later, when they found out the teacher life is not financially rewarding. nowadays, you are lucky if u marry a doctor. years later, many will be disappointer when they find out the doctor life is not financially rewarding.
cannot agree more... doctors are overrated in terms of financial rewards... Anyways the standards of doctors have declined over the years simply because the supply has increased against past years. It's no longer only for the elites as opportunities to be a doctor has increased (eg people who couldnt manage to enter public uni due to lower grades would go to India, Indonesia, Russia to do a medicine degree)
I guess when uncle koon fall sick he wont be seeing the doctor bcos he wont sponsor any student to do medicine. He may want to see his accountant/share broker to generate more income or engineers n architect to build more houses to generate more money. But is making money the most important thing in life. I guess after living for 82 yrs he has not found the answer yet. Very sad.
The issue here I think is not about sponsorship. The point is whether our children want to study medicine & whether we can afford it. Life is not all about cost & benefits. We came with nothing & will go with nothing but if we can do something for the betterment of society in general then we will leave our mark
Perhaps uncle might be thinking something like this....... If that amount of money to sponsor 1 child, I can use the same amount to sponsor 10. Nothing wrong with that.
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Salute to all sifus.. Suggest KYY to list down cost for study char kueh teow in malaysia..