- Undergrad degree (3 to 4 years)
- $7,000 to $10,000 a year
- Medical school, the MD (doctor of medicine), 3 to 4 years
- $15,000 to $28,000 a year
- MCAT (medical school admission test), applications, interviews
- $2,000 to $5,000
- Licensing exam (the MCCQE, the national medical exam) and two Royal College exams (internal medicine, then hematology)
- $1,500 for the MCCQE, plus a fee for each Royal College exam
Roughly, all in
$70,000 to $159,000
Tuition, fees, exams and kit. Not rent, food or travel
The low end is a three year undergraduate degree at the cheapest domestic tuition, three years at a lower cost medical school, the MCAT (medical school admission test) with applications, and the $1,500 MCCQE (the national Canadian licensing exam). The high end is a four year degree, four years at an expensive medical school and the same exams. Neither figure includes the two Royal College specialty exams, first internal medicine and then hematology, or the five residency years, which are salaried, so you earn while you finish training. Most graduates still leave medical school owing money, because living costs sit on top of the tuition counted here.
Roughly $70,000 to $159,000 before living costs and the Royal College exam fees. Five paid residency years help you pay down what you borrow.