Blog Archives

White Coat Investor Scholarship 2024 Applications are Open

Each year the White Coat Investor (WCI) offers a scholarship opportunity to students enrolled in full-time US professional schools for the 2024-5 year. Students must be in good academic standing in eligible professional schools, including medical, dental, law, podiatry, pharmacy, physician assistant, nurse practitioner, and veterinarian, among others. The stated goal of the scholarship is to reduce winning students’ indebtedness and to promote financial literacy in professional schools.

The lion’s share of the application is an 800 to 1200 word essay in one of two topics: Inspiring Stories or Financial. The deadline is August 31.

For more information please check out this web page.

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How to Adeptly Complete the AMCAS Other Impactful Experiences Section

Last year the Association of American Medical Colleges (AAMC) gutted the AMCAS Disadvantaged Status section, replacing it with the Other Impactful Experiences, which allows for a broader approach to challenges that can adversely affect an applicant’s life and candidacy. 

In other words, when you’re considering the Other Impactful Experiences essay, consider financial barriers, but also issues like learning disabilities, immigration experiences, caregiving roles, etc. Here is some guidance from the AAMC.

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My Five Year Anniversary with the White Coat Investor Podcast

Looking for a podcast episode for today’s drive to work? Check out my take on entrepreneurship, creating autonomy and flexibility, and balancing clinical practice with raising a family on the White Coat Investor (WCI) podcast. The interview initially ran in March 2019, but the content is still highly relevant for those considering alternatives or enhancements to clinical careers.

For those of you who aren’t familiar with WCI, it’s a website/blog/podcast founded by James Dahle MD, an emergency physician whose interest in personal finance and the FIRE (financial independence – retire early) movement sparked a slew of devotees. Check out my podcast episode here (where you can also read the full transcript) or listen on your favorite podcast app. 

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How to Save a Bundle of Money

The big question of financing medical school and residency interviews is often swept under the rug, but this year things are – believe it or not – simpler: The virtual interview process is going to save everyone – applicants and institutions – a wad of cash. Please check out my Physician on Fire guest post The Virtual Interview for Medical School and Residency Will Save Everyone a Bundle of Money and feel free to share. 

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As Featured on WCI…

Looking for a podcast for your daily drive or work out? Check out the White Coat Investor (WCI) podcast, where I was recently interviewed. For those of you who aren’t familiar with WCI, it’s a website/blog/podcast founded by James Dahle MD, an emergency physician whose interest in personal finance and the FIRE (financial independence – retire early) movement has sparked a slew of physician devotees. My interview focused on how Insider Medical Admissions helped me create autonomy and flexibility while balancing a clinical career and a family. Check it out here or on your favorite podcast app. 

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About Dr. Michelle Finkel

Dr. Michelle Finkel

Dr. Finkel is a graduate of Stanford University and Harvard Medical School. On completing her residency at Harvard, she was asked to
stay on as faculty at Harvard Medical School and spent five years teaching at the world-renowned Massachusetts General Hospital.
She was appointed to the Assistant Residency Director position for the Harvard Affiliated
Emergency Medicine Residency where she reviewed countless applications, personal statements and resumes. Read more

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Listen to Dr. Finkel’s interview on the White Coat Investor podcast:

Listen to Dr. Finkel’s interview on the FeminEm podcast: