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Doctor to move to Healthcare Consulting

 
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#0 Doctor to move to Healthcare Consulting
 
drvvkreddy
08.04.13 00:00
 
Hello Everyone, I am a Medical Doctor with 10 years of clinical experience.I am MBBS and done PG diploma also.I am from India.How it will be for medical doctors in consulting.Which are the top consulting firms hiring doctors.Do I need to do an MBA ? If I do an MBA(healthcare) from ISB(INDIA),do I will be picked up by the top MBB.please advise me, after my 10 years of experience, do I need to go for MBA or else can I be picked up directly.
 
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#0 RE: Doctor to move to Healthcare Consulting
 
tom1
08.04.13 00:00
 
Is this a real question?
 
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#0 RE: Doctor to move to Healthcare Consulting
 
Mr Cool
08.04.13 00:00
 
He'll be a grand a day locum at a hospital near you by the end of the year...Any time you feel you've let the world down by working in management consultancy, just lift a few rocks in the healthcare world.
 
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#0 RE: Doctor to move to Healthcare Consulting
 
jet
09.04.13 00:00
 
What is ISB india? nobody knows about it. you may get a good job in India but you may struggle in the UK. M of MBB does lot healthcare consulting but assuming you will not join at the bottom of the grades it will be very difficult to get into MBB now because they bring people early. not many lateral placements. MBA is as good as the person who earns it so if you think you are good enough MBA brand will not matter a lot.
 
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#0 RE: Doctor to move to Healthcare Consulting
 
cloudnumbernine4u
09.04.13 00:00
 
ISB (Indian School of Business) is amongst the top 20 (Global MBA rankings) by Financial Times for past few years. http://en.wikipedia.org/wiki/Indian_School_of_BusinessIt was the first Indian business school to break into top 20 world MBA rankings and was founded by former Mckinsey Sr. Exec (MD-CEO - Rajat Gupta).Just thought of sharing the above.For rest of the thread, not sure what the motivation is to join consulting as compared to being a doctor.
 
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#0 RE: Doctor to move to Healthcare Consulting
 
I
10.04.13 00:00
 
I know a few people who have made the transition from being a doctor to healthcare consultant. Here are possible ways to make the jump:1) MBA. However, 10 yrs experience is a lot for a regular MBA though. You will be better off with a Sloan Masters or an Executive MBA. 2) You can also look at policy/ health care management programs (Harvard Kennedy School, Harvard School of Public Health) if you have the time, credentials and money to splash. 3) You can look for jobs at consultancies that specialise in healthcare or have specialist industry teams e.g. Sg2, IMS, Easton Associates, Big 4 etc. 4) Work in investment banking e.g. healthcare/pharma equity research for a few years before consulting (you will have to study for CFA). But it is equally competitive to find a job in investment banking.I think you will be better off trying to make the jump from medicine to consulting in India. ISB is a decent school but MBB only hire a handful from the school each year compared with 100+ annually from INSEAD for example. Making the jump is certainly possible. It really depends if you are up for making the effort, willing to take a step back and work long hours...
 
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#0 RE: Doctor to move to Healthcare Consulting
 
I
10.04.13 00:00
 
[quote]ISB (Indian School of Business) is amongst the top 20 (Global MBA rankings) by Financial Times for past few years. http://en.wikipedia.org/wiki/Indian_School_of_BusinessIt was the first Indian business school to break into top 20 world MBA rankings and was founded by former Mckinsey Sr. Exec (MD-CEO - Rajat Gupta).[/quote]We all know where Rajat Gupta is these days!
 
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#0 RE: Doctor to move to Healthcare Consulting
 
Happy
11.04.13 00:00
 
Plenty of medics go into management consulting.However, it is not easy as you might imagine - many doctors think they are just going to walk into a top consulting firm, based on little more than talking about 'transferable skills' such as time management and working under pressure, but the truth is that only the best prepared and most committed will make it.From your original post, it is fairly clear that you have done minimal research and really have no idea what you would be getting into. I would therefore start with the basics and understand what the job entails. If as a result you then ask questions that are well thought through and relevant, you may get useful answers. At the moment your questions are poorly thought through, extremely vague, and ones that could/should be answered by yourself with a bit of simple research After that, if you are still keen, then you need a plan. An MBA will help (assuming you do it in the right place, it will put you in the radar of recruiters), but may not be necessary. So set out a step-wise procedure of applying to firms and business schools where the timings allow you to a) interview, get an offer and start work, or b) if (a) doesn't work out, start business school shortly after.I would look into the options for full-time versus part-time MBAs given your age.And finally, before you have any interaction with anyone that might offer you a job, I would seriously brush up on your grammar & sentence structure - if I received any sort of communication written as per the original post, whether as an application or simply a request for information, I would just delete it.
 
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#0 RE: Doctor to move to Healthcare Consulting
 
cloudnumbernine4u
12.04.13 00:00
 
Offcourse we all know where he is...!I was talking about the school ISB as that has a good reputation..and it looked like 'Jet' didnt know about it..so thought of sharing..
 
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#0 RE: Doctor to move to Healthcare Consulting
 
Hypothesis-driven
13.04.13 00:00
 
drvvkreddy,Read Happy's reply carefully and take heed. Many of your questions would be answered by putting a little more effort in research and thoughtful reflection.You can get into MBB without an MBA, but you need an advanced degree (MDs/PhDs). Check the recruiting websites - they spell it out for you.The options that "I" laid out look pretty good given your starting point.
 
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#0 RE: Doctor to move to Healthcare Consulting
 
BMGIIndia
28.02.14 00:00
 
Medical Doctor with 10 years of clinical experience is certainly a good candidate for healthcare consulting firms. If you pursue your MBA in healthcare, it will brighten the prospects. Numbers of business management consulting firms need healthcare consultant to identify the needs of their clients from healthcare industry. However, MBA can be done while being at job also.
 
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#0 RE: Doctor to move to Healthcare Consulting
 
Camster
28.02.14 00:00
 
I am the Doctor.Doctor who? Yes! Doctor Who.
 
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