COMPETITION RATIO
We're going do do a little bit of maths. Easy one. And I'll use practical examples. So stay with me.
Hypothetically speaking, let's imagine there are 50 slots for residency in ophthalmology in the year 2019. Just 50
And after the rounds, there were 200 applications. That means the specialty is sought after and competitive right?
But that's subjective assumption.
Competition ratios between 0 and 2 are easy specialties to get into.
Between 2 and 4 and difficult but possible.
4 and 6. Specialty very difficult, but not impossible. If you're determined.
7 and above is EXTREMELY competitive.
With that I'd not show you examples of competition ratios in 2019.
Click below to see a site by which you can check out competition ratio for ALL specialties in the UK for the past few years.
What is the implication of the competition and fill ratio?
For IMGs like us, the specialties that are easier to get are the ones with low competition ratios and fill rates, whilst the hard not so friendly specialties have high fill rates and competition ratio.
Hypothetically speaking, let's imagine there are 50 slots for residency in ophthalmology in the year 2019. Just 50
And after the rounds, there were 200 applications. That means the specialty is sought after and competitive right?
But that's subjective assumption.
An objective way would be to get a ratio of just how competitive it is.
What we'd do is to divide the 200 applications by the 50 available slots. That gives a competitive ratio of 4.
A general rule is.
What we'd do is to divide the 200 applications by the 50 available slots. That gives a competitive ratio of 4.
A general rule is.
Competition ratios between 0 and 2 are easy specialties to get into.
Between 2 and 4 and difficult but possible.
4 and 6. Specialty very difficult, but not impossible. If you're determined.
7 and above is EXTREMELY competitive.
With that I'd not show you examples of competition ratios in 2019.
Click below to see a site by which you can check out competition ratio for ALL specialties in the UK for the past few years.
FILL RATE
Next is the fill rate. Lets say for ophthalmology, still 100 applicants in the first round and 50 slots.
If the 50 slots are filled up in the first round, what do you think the fill rate would be?
The fill rate is the percentage of jobs that were taken up in the first round.
So since 50 of these slots would likely be filled since there are excess applicants in the first round, then the fill rate would be 100%.
Imagine there were just 40 applicants in the first round for 50 slots, definitely the 40 applicants would be taken in the first round.
The fill rate would then be 40/50 ×100.
The fill rate would therefore be 80%.
Next is the fill rate. Lets say for ophthalmology, still 100 applicants in the first round and 50 slots.
If the 50 slots are filled up in the first round, what do you think the fill rate would be?
The fill rate is the percentage of jobs that were taken up in the first round.
So since 50 of these slots would likely be filled since there are excess applicants in the first round, then the fill rate would be 100%.
Imagine there were just 40 applicants in the first round for 50 slots, definitely the 40 applicants would be taken in the first round.
The fill rate would then be 40/50 ×100.
The fill rate would therefore be 80%.
Click below to find out the fill rates for the year 2019
What is the implication of the competition and fill ratio?
For IMGs like us, the specialties that are easier to get are the ones with low competition ratios and fill rates, whilst the hard not so friendly specialties have high fill rates and competition ratio.
Thanks A lot for this
ReplyDeletePls can the Australian system be explained as well.
Thanks alot Dami
ReplyDeleteMseccanYnaba Trey Evans click
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