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Clinical Drug Development Major

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Clinical Drug Development

26 Bachelor's Degrees Annually
125 Master's Degrees Annually
#96 in Popularity
$123,670 Median Salary

Types of Degrees Clinical Drug Development Majors Are Getting

The following table lists how many clinical and industrial drug development graduations there were in 2018-2019 for each degree level.

Education Level Number of Grads
Master’s Degree 125
Bachelor’s Degree 26
Graduate Certificate 8
Basic Certificate 6
Doctor’s Degree 4

What Clinical Drug Development Majors Need to Know

People with careers related to clinical and industrial drug development were asked what knowledge areas, skills, and abilities were important for their jobs. They weighted these areas on a scale of 1 to 5 with 5 being the highest.

Knowledge Areas for Clinical and Industrial Drug Development Majors

According to O*NET survey takers, a major in clinical and industrial drug development should prepare you for careers in which you will need to be knowledgeable in the following areas:

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  • Medicine and Dentistry - Knowledge of the information and techniques needed to diagnose and treat human injuries, diseases, and deformities. This includes symptoms, treatment alternatives, drug properties and interactions, and preventive health-care measures.
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Chemistry - Knowledge of the chemical composition, structure, and properties of substances and of the chemical processes and transformations that they undergo. This includes uses of chemicals and their interactions, danger signs, production techniques, and disposal methods.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

Skills for Clinical and Industrial Drug Development Majors

The following list of skills has been highlighted as some of the most essential for careers related to clinical and industrial drug development:

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  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Instructing - Teaching others how to do something.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
  • Speaking - Talking to others to convey information effectively.

Abilities for Clinical and Industrial Drug Development Majors

Some of the most crucial abilities to master while a clinical and industrial drug development student include the following:

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  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
  • Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
  • Near Vision - The ability to see details at close range (within a few feet of the observer).

What Can You Do With a Clinical Drug Development Major?

Below is a list of occupations associated with clinical and industrial drug development:

Job Title Job Growth Rate Median Salary
Pharmacists 5.6% $126,120

Who Is Getting a Bachelor’s Degree in Clinical Drug Development?

26 Bachelor's Degrees Annually
85% Percent Women
19% Percent Racial-Ethnic Minorities*
This major is dominated by women with about 85% of recent graduates being female.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of clinical and industrial drug development majors is as follows:

Racial-Ethnic Diversity of Clinical and Industrial Drug Development Students with Bachelor's Degrees
Race/Ethnicity Number of Grads
Asian 1
Black or African American 3
Hispanic or Latino 0
White 19
International Students 0
Other Races/Ethnicities 3

How Much Do Clinical Drug Development Majors Make?

Salaries According to BLS

The median salary for someone in a career related to clinical and industrial drug development is $123,670. This median refers to all degree levels, so you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

Median Salary for a Clinical Drug Development Major  123,670
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Median Salary for a High School Graduate  ( 30000 to 57900 )
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250K
Median Salary for a Bachelor's Degree Holder  ( 45600 to 99000 )
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250K
Median Salary for an Advanced Degree Holder  ( 55600 to 125400 )
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250K

Some degrees associated with clinical and industrial drug development may require an advanced degree, while others may not even require a bachelor’s in the field. Whatever the case may be, pursuing more education usually means that more career options will be available to you.

Find out what the typical degree level is for clinical and industrial drug development careers below.

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Education Level Percentage of Workers
Bachelor’s Degree 9.8%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master. 11.3%
Master’s Degree 3.7%
Post-Master’s Certificate - awarded for completion of an organized program of study; designed for people who have completed a Master’s degree but do not meet the requirements of academic degrees at the doctoral level. 0.3%
First Professional Degree - awarded for completion of a program that: requires at least 2 years of college work before entrance into the program, includes a total of at least 6 academic years of work to complete, and provides all remaining academic requirements to begin practice in a profession. 37.5%
Doctoral Degree 36.8%
Post-Doctoral Training 0.6%

Online Clinical Drug Development Programs

In the 2018-2019 academic year, 11 schools offered some type of clinical and industrial drug development program. The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level Colleges Offering Programs Colleges Offering Online Classes
Certificate (Less Than 1 Year) 1 0
Certificate (1-2 years) 0 0
Certificate (2-4 Years) 0 0
Associate’s Degree 1 0
Bachelor’s Degree 4 3
Post-Baccalaureate 1 0
Master’s Degree 7 2
Post-Master’s 1 0
Doctor’s Degree (Research) 1 0
Doctor’s Degree (Professional Practice) 0 0
Doctor’s Degree (Other) 0 0

Is a Degree in Clinical Drug Development Worth It?

The median salary for a clinical and industrial drug development grad is $123,670 per year. This is based on the weighted average of the most common careers associated with the major.

This is 210% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $1,675,400 after 20 years!

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You may also be interested in one of the following majors related to clinical and industrial drug development.

Major Number of Grads
Pharmacy 15,993
Pharmaceutical Sciences 1,409
Other Pharmacy, Pharmaceutical Sciences, and Administration 906
Pharmaceutics and Drug Design 500
Pharmacy Administration and Pharmacy Policy and Regulatory Affairs 320
Medicinal and Pharmaceutical Chemistry 179
Pharmaceutical Marketing and Management 89
Pharmacoeconomics/Pharmaceutical Economics 88
Industrial and Physical Pharmacy and Cosmetic Sciences 83
Clinical, Hospital, and Managed Care Pharmacy 21
Natural Products Chemistry and Pharmacognosy 10

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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