Arguing about it is pointless.
The point is that most, and I mean the majority (yes there are a few exceptions) people in core do not do a thesis. Whether or not this is by choice does not matter.
Honestly if you plan on doing a thesis, I highly recommend taking a specialization. They set it up like that for a reason. When you're in specialization, you get to take 3P03, which is an awesome course that furthers what you learn in 2L06. You have 1 semester with your group and a TA to take on a research project your TA is currently working on in their lab. Which is cool since they could be doing something completely new. Every group does something different, but the techniques are mostly the same. Your group gets a $1000 budget to plan experiments out and do them, get results, present them, and type it up. This course was probably my favourite course. It gives you experience with all the techniques you'll use, as well as writing a proper report, you'll be more than prepared to do a thesis. And if a prof knows you've done something like this, they know you have more experience than someone who has not.
The other courses for the specialization are not that hard either, you would have to take other biochem courses, or those courses themselves to satisfy your core requirements anyways.
And if you do specialization, second year is the same for core and specialization. If you find biochem tough in second year, drop to core. If you're fine with it, then make up your mind then.
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