A cardiologist is one of the highest-paid doctors in the medical sector. They play a crucial role in ensuring that your heart functions properly and is free of illnesses.
The heart, which is the most important organ in the human body, requires special treatment and constant monitoring. If you need a checkup, diagnosis, or treatment for heart-related diseases, your doctor can only refer you to a cardiologist.
Cardiologists are in high demand all across the world, despite the fact that doctors are in high demand. Cardiologists, on the other hand, are specialists who deal with cardiac problems. And any cardiac ailment is always recognized as a life-threatening condition that necessitates prompt medical attention. They are doctors who specialize in the treatment of cardiovascular diseases.
One of the reasons why so many people choose to study cardiology is the tremendous need for cardiologists around the world, which is unlikely to change very soon. Demand for cardiology services is expected to rise by 20% in countries like the United States by 2025. The demand for competent cardiologists outnumbers the supply. There are a number of reasons for the shortage of cardiologists, but one of the most significant is that studying cardiology is extremely expensive and time-consuming.
To comprehend cardiology and its distinctiveness in the field of medicine, you’ll need to do a lot of research. Doctors are essential since they are among the highest-paid professions in the world. So, without further ado, let’s talk about what a cardiologist is and why the profession is so vital.
Cardiologists And Their Uniqueness
Before you consider cardiologists’ salaries, you must first comprehend what cardiologists do and the distinctiveness of their careers. Then you’ll understand why they’re one of the highest-paying jobs on the planet.
Cardiologists are doctors who diagnose, assess, and treat people who have heart and blood vessel problems (the cardiovascular system). Being a cardiologist is a challenging task because it is a profession that demands complete dedication to study. Cardiologists undergo extensive education and training. Four years of medical school and three years of general internal medicine training make up this program. After completing general internal medical training, they spend three or more years in specialized training.
After completing 10 or more years of school and training, a cardiologist in the United States must pass a two-day exam offered by the American Board of Internal Medicine. The exam evaluates their knowledge, judgment, and ability to provide excellent care.
Cardiologists are primarily concerned with the heart, but not exclusively. Cardiovascular surgeons, not cardiologists, deal with any heart problem that requires surgery. Cardiologists cannot perform surgery, although they can perform a variety of specialized treatments. An interventional cardiologist, for example, can use stents to unclog blocked arteries. They can also implant sophisticated equipment in the heart of a cardiac patient.
Cardiologists specialize in heart disorders. The disorders are as follows:
- Angina pectoris
- Insufficiency of the heart pressure
- Blood pressure that is too high
- Heart arrhythmias (abnormalities of heart rhythm)
- Valve difficulties in the heart
- Heart infections are a type of infection that affects the heart.
A cardiologist may see patients in their office or at a hospital. Cardiology covers a wide range of specialties and fields. Here are some of the branches of cardiology that you might be interested in:
- Interventional cardiology
- Cardiology in children and adolescents
- A preventative cardiologist is a doctor who specializes in preventing heart disease.
- Cardiology of heart failure
So, now that you know what cardiologists perform, you may wonder if it’s worthwhile to pursue a career as a cardiologist. Being a cardiologist is undeniably rewarding. Take a look at some of the fascinating reasons why parents want their children to work as cardiologists.
- Cardiologists save lives. As a cardiologist, saving lives is paramount because they deal with diseases threatening one of the vital organs in the body which is the heart. They reduce mortality rate. This is a great profession that gives people joy and satisfaction of giving people another chance to live.
- In the United states, doctors are the most respected profession, even in the world. Doctors are needed every day. According to research, 17.9 million people die each year from cardiovascular diseases which is roughly 32% of all the deaths in the world.
- The salary. Cardiologists’ salary in the US is very high to the extent that of all the highest paid cardiologists in the whole world, USA is leading. So, because of the salary, becoming a cardiologist is also worth it.
In summary, cardiology is a noble profession that is satisfying and fulfilling because you save lives, get well paid and earn respect wherever you go. All these benefits has already summed up all the lengthy years of studying to become a cardiologist.
How Much Do Cardiologists Earn?
Cardiologists are the fourth highest-paid physician, earning an average of $430,000, according to the annual Medscape Compensation Report for 2019.
Cardiologists are well compensated for their work since the heart is such an essential organ that requires careful, skilled care. Cardiologists often demand a high salary to help them pay off their student loans and other educational obligations. In 2019, full-time cardiologists earned an average of $351,827 a year, including bonuses and tax-deductible costs. Over the years, the compensation has risen consistently and will most likely continue to climb.
The amount of money you can make as a cardiologist is determined on your location, level of experience, and training.
Non-invasive cardiologists who have just started their professions will normally earn substantially less than experienced cardiologists who have attended particular training. The lowest reported pay for a cardiologist who has completed their training was $122,000, while the highest recorded compensation was $698,000.
In the United States, the national average income for a Cardiologist is $381,100 per year.
An invasive cardiologist earns an average of $648,000 in their first year, according to Merritt Hawkins. According to the Cardiovascular Provider Compensation and Production Survey conducted by MedAxiom, a cardiologist’s average annual income is $577,329 dollars.
We can see from these figures that the typical cardiologist’s pay is potentially higher than previously anticipated. Despite this, only 54% of cardiologists believe they are appropriately compensated, with nearly half of them searching for a raise.
How To Become A Cardiologist
Cardiology is a branch of medicine that focuses on heart and circulatory system problems. With an estimated 80 million Americans suffering from one or more cardiac disorders, and heart disease being one of the leading causes of death for both men and women, cardiologists may have a huge impact on their communities’ health.
If you have a desire for helping people, a career as a cardiologist could be extremely rewarding. So, how do you go about becoming a cardiologist? To become a cardiologist and one of the highest-paid doctors, follow the steps outlined here.
- Obtain a degree
Obtaining a four-year bachelor’s degree is the first step toward becoming a cardiologist. The majority of people who wish to work in medicine pick a scientific or health-related degree.
The typical coursework for these degrees focuses largely on math and science themes. It’s critical to do well in all of your undergraduate coursework because your grades will be taken into account throughout the medical school admissions process.
During your undergraduate year, ensure you perform excellently as this might also be considered in your medical school.
2. Take the Medical College Admissions Test (MCAT)
The Medical College Admissions Test (MCAT) is a standardized, multiple-choice exam that evaluates your critical thinking, problem-solving, and scientific knowledge. MCAT scores are required by most medical schools as part of the application process. The minimum MCAT score required for entrance into medical school differs by institution, so the better you do on the test, the more school options you’ll have.
3. Go to medical school.
Attending a four-year medical school program is the next step toward becoming a cardiologist. A Medical Doctor (M.D.) or a Doctor of Osteopathic Medicine (D.O.) degree are the two options for cardiologists. Basic sciences subjects such as pathology, pharmacology, anatomy, physiology, microbiology, and biochemistry will be taught throughout the first two years of medical school.
You will transfer into a hospital setting during your third year of medical school, where you will use the knowledge and abilities you have gained during your curriculum for the last two years of medical school.
4.Go for medical licensing.
A medical license is required in order to practice medicine. The process of obtaining a medical license is divided into many stages. After finishing your first two years of medical school, you will take your first medical licensing exam. While the remaining will be taken during your final year in medical school.
5. Finish Up A Residency program
Because cardiology is a specialization of Internal Medicine, a residency program in Internal Medicine is required to become a cardiologist. It will take three years to complete your Internal Medicine residency program. Before beginning to specialize in the heart or cardiovascular system, you will have experience evaluating and managing a variety of medical issues.
It is critical that you focus on improving your CV and obtaining professional references throughout your residency program so that you may be a competitive candidate for a cardiac fellowship.
6. Obtain your major specialty’s board certification.
You can obtain certification by the Board of Internal Medicine in your country once you complete your Internal Medicine residency program. If you wish to be a pediatric cardiologist or a cardiac surgeon, you can also choose another primary specialty to get board-certified in, such as pediatrics or surgery. If you want to become a board-certified cardiologist later, you’ll need board certification in your initial specialty.
7. A cardiology fellowship program is the next step
It will take you another three years to complete your cardiology fellowship. You will learn how to prevent, diagnose, treat, and manage a wide range of heart diseases during this period. In addition to clinical research, you will broaden your knowledge to get a comprehensive understanding of the subject of cardiology and learn to execute cardiac procedures such as heart catheterization and echocardiography.
You are a cardiologist who is ready to practice medicine in the field of cardiology on your own once you complete your cardiology fellowship program.
8. Look for job openings
Once you’ve obtained the appropriate education, experience, licenses, and certifications to work as a cardiologist, you’re ready to start looking for positions and drafting applications. Start by looking for available cardiology opportunities in your area on the internet.
9. Make a résumé and a curriculum vitae.
After you’ve located the cardiologist roles you want to apply for, you should use the job descriptions to develop an online resume that highlights your strongest recruiting characteristics for the specific cardiologist positions you want to apply for.
10 Countries With The Highest Cardiologist Salaries
In general, cardiologist salaries vary depending on a variety of factors such as years of experience and location. With how difficult it is for medical students to get enrolled in a medical school coupled with high school fee, it is considerable for cardiologists to earn higher. Highest paid cardiologist salary can be found in the following countries:
- Switzerland ( Salary -$517,365 )
A cardiologist in private practice who is senior in their position earns roughly CHF500,000 per year, according to the Federation of Swiss Medical Doctors.
2. Canada ( Salary – $450,000)
According to the Canadian Medical Association, fee-for-service cardiologists make up the great majority of the country’s cardiologists. Cardiology’s average gross charge for service per physician was roughly CA$600,000, with an average percent overhead of 23%. The provinces of Ontario and Quebec had the most cardiologists in the country.
3. Belgium ( Salary – $442,000 )
Cardiologist wages in Belgium vary greatly depending on where you work and whether you work for the government or the private sector. One in Tongeren earns an average of €115,000 per year, while the other in Antwerp gets a gross of €300,000. Private practice earns roughly €400,000, according to the newspaper De Morgen.
4. The United State ( Salary – $437,000)
As of June 28, 2021, the average Cardiologist – Non-Invasive salary in the United States is $400,100, with a salary range of $324,400 to $484,400. Salary ranges rely on a variety of things, including schooling, certifications, supplementary talents, and the number of years you’ve worked in your field.
5. Australia ( Salary – $304,000)
Cardiology, after neurosurgery and ophthalmology, is the third highest paying medical specialist job, according to the Australian Taxation Office. An annual salary of AU$454,000 is possible.
6. Netherlands ( Salary – $276,485 )
The average gross monthly income for a Dutch cardiologist is between €5,800 and €10,800. Independent workers can make up to €250,000 each year. A cardiologist’s training in the Netherlands might take up to 12 years.
7. France ( Salary – $258,000)
In France, private experts make far more than regular practitioners. Cardiologists earn roughly €233,361 in annual net fees, according to the National Union Of Approved Associations.
8. Germany ( Salary – $212,000)
Cardiologists in Bremen, according to the National Association of Statutory Health Insurance Physicians, are among the best salaries in the country, with a gross monthly income of over 16,000 euros, while those in Hamburg earn around 13,500 euros. Those who work in Berlin, the capital, earn roughly 7,300 euros each month.
9. United Kingdom ( Salary – $136,500)
In the United Kingdom, most specialists work for the National Health Service (NHS). Junior hospital trainees can expect to earn £27,150 in their first year of foundation training, rising to £31,422 in year two. Starting salaries for qualified doctors in specialised training start at £37,000 per year and climb to £47,000 as training proceeds. A fully qualified cardiologist earns between £39,000 and £72,850 per year. The basic yearly salary for a consultant cardiologist ranges from £77,900 to £105,042.
10. Israel ( Salary – $74,920 )
Israel places a high value on public service and the development of cutting-edge technologies. As a result, it runs a state-of-the-art healthcare system. Hospitals and clinics are eager to pay top dollar to recruit and keep the brightest medical minds, with general practitioners earning an average of $74,920 per year and specialists earning approximately $147,421.
Different States In The United States With The Highest Paying Cardiologist Salaries
Varied locations of the country provide different chances for cardiologists. To assist you in determining the best states for cardiologists, here are the top 20 states in the United States, ranked from best to worst for cardiologists.
- Annual Salary $349,402
- Monthly Pay $29,117
- Weekly Pay $6,719
- Hourly Pay $167.98
Annual Salary $349,335
Annual Salary $349,335
Monthly Pay $29,111
Weekly Pay $6,718
Hourly Pay $167.95
3. Rhode Island
Annual Salary $337,305
Monthly Pay $28,109
Weekly Pay $6,487
Hourly Pay $162.17
4. North Dakota
Annual Salary $331,028
Monthly Pay $27,586
Weekly Pay $6,366
Hourly Pay $159.15
Annual Salary $329,100
Monthly Pay $27,425
Weekly Pay $6,329
Hourly Pay $158.22
Annual Salary $326,500
Monthly Pay $27,208
Weekly Pay $6,279
Hourly Pay $156.97
Annual Salary $323,778
Monthly Pay $26,982
Weekly Pay $6,227
Hourly Pay $155.66
8. South Dakota
Annual Salary $321,362
Monthly Pay $26,780
Weekly Pay $6,180
Hourly Pay $154.50
Annual Salary $317,869
Monthly Pay $26,489
Weekly Pay $6,113
Hourly Pay $152.82
10. New York
Annual Salary $316,072
Monthly Pay $26,339
Weekly Pay $6,078
Hourly Pay $151.96
Annual Salary $313,267
Monthly Pay $26,106
Weekly Pay $6,024
Hourly Pay $150.61
Annual Salary $307,369
Monthly Pay $25,614
Weekly Pay $5,911
Hourly Pay $147.77
Annual Salary $306,273
Monthly Pay $25,523
Weekly Pay $5,890
Hourly Pay $147.25
14. New Hampshire
Annual Salary $305,368
Monthly Pay $25,447
Weekly Pay $5,872
Hourly Pay $146.81
Annual Salary $303,337
Monthly Pay $25,278
Weekly Pay $5,833
Hourly Pay $145.84
Annual Salary $296,330
Monthly Pay $24,694
Weekly Pay $5,699
Hourly Pay $142.47
17. South Carolina
Annual Salary $296,179
Monthly Pay $24,682
Weekly Pay $5,696
Hourly Pay $142.39
Annual Salary $293,054
Monthly Pay $24,421
Weekly Pay $5,636
Hourly Pay $140.89
Annual Salary $291,732
Monthly Pay $24,311
Weekly Pay $5,610
Hourly Pay $140.26
Annual Salary $287,507
Monthly Pay $23,959
Weekly Pay $5,529
Hourly Pay $138.22
Frequently Asked Questions
- How much does a cardiologist earn in the UK?
A senior cardiologist’s starting salary ranges from £41,158 to £76,751. Your basic yearly pay as a consultant cardiologist will range between £82,096 and £110,683, with the possibility of earning more if you have extra administrative or educational responsibilities.
2. Is cardiology among the highest paying jobs?
Yes, it is among the top ten highest paying medical specialities.
- Who are the highest paid doctors in the world?
Here are list of the top 10 highest paid doctors:
- Patrick Soon Shiong
- Thomas Frist
- Phillip Frost
- Gary Michelson
- James Andrews
- Terry Dubrow
- Leonard Hochstein
- Robert Rey
- Garth Fisher
- Paul Nassif
3. What kind of cardiologist makes the most money?
All cardiologists earn the most money in the specialization of invasive cardiology.
4. Can a cardiologist make 1 million a year?
According to Medscape, cardiologists’ average annual wages have increased slightly from the previous year, rising from $423,000 in 2018 to $430,000 in 2019. More than half of cardiologists have a net worth of $1 million to $5 million, making them among the wealthiest doctors in the United States.
5. Where is the best country to study cardiology?
You can study cardiology in any of these institutions:
- Harvard University. United States|Cambridge (U.S.)
- Imperial College London. United Kingdom|London (U.K.)
- Duke University. United States|Durham (North Carolina, U.S.)
- Columbia University. United States|New York City
- Icahn School of Medicine at Mount Sinai
- University of Toronto
- Stanford University
- Johns Hopkins University
Finally, cardiologists are essential to the humanities because they regularly save lives. Cardiologists, on the other hand, should be among the highest-paid doctors in the world, given how much time and effort they have put into studying and sacrificing. Also, Cardiologists should be rewarded in addition to their pay.
Similarly, if you want to be a cardiologist, you can pursue a high-paying career that is recognized with dignity and respect all around the world.