@stuffedpeppers thank you for sharing the ratios, although they look similar to those previously quoted.
I do agree competition is important, and should be inevitable for rising to the top in any career. However, you have piqued my interest on this and would be keen to hear your thoughts:
X starts medical school in 2011, keen to become a paediatrician. Sees the competition ratio for specialty training that year is 1.8:1, so pretty good odds but can’t be complacent. Graduates in 2017 (assuming a 6 year degree) and ratio is still pretty stable at 1.3:1, still feeling confident. Upon applying for training in 2019, it is now 1.2:1, so a bit of competition but still pretty good odds. Assume X is now a registrar, close to consultant?
Y starts in 2017 and also wants to be a paediatrician. Sees what X is doing and aware of competition ratios. Upon graduation in 2023, ratio has already gone up to 2.43:1, so things have already changed. Then whilst they do their foundation training, the ratio over doubles to the 5.63:1. It’s quite the shift.
So is X a poorer doctor because they have not faced anything close to the same level of competition as Y (on a numbers basis)?
How much competition for training places is optimal to ensure the best quality of medical care for patients?
How much should we be investing in medical training (from medical school through specialty) to ensure we are getting a reasonable return for the taxpayer?