Pharmacy Admin & Regulatory Affairs

Types of Degrees Pharmacy Admin & Regulatory Affairs Majors Are Getting

The following table lists how many pharmacy administration and pharmacy policy and regulatory affairs graduations there were in 2020-2021 for each degree level.

Education Level	Number of Grads
Master’s Degree	175
Graduate Certificate	55
Doctor’s Degree	9
Associate Degree	1

What Pharmacy Admin & Regulatory Affairs Majors Need to Know

O*NET surveyed people in occupations related to pharmacy administration and pharmacy policy and regulatory affairs and asked them what knowledge areas, skills, and abilities were important for their jobs. The responses were rated on a scale of 1 to 5 with 5 being most important.

Knowledge Areas for Pharmacy Administration and Pharmacy Policy and Regulatory Affairs Majors

Pharmacy Administration and Pharmacy Policy and Regulatory Affairs majors often go into careers in which the following knowledge areas are important:

• 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.
• English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
• 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.
• Biology - Knowledge of plant and animal organisms, their tissues, cells, functions, interdependencies, and interactions with each other and the environment.
• 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.

Skills for Pharmacy Administration and Pharmacy Policy and Regulatory Affairs Majors

A major in pharmacy administration and pharmacy policy and regulatory affairs prepares you for careers in which the following skill-sets are crucial:

• 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.
• Speaking - Talking to others to convey information effectively.
• Instructing - Teaching others how to do something.
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Abilities for Pharmacy Administration and Pharmacy Policy and Regulatory Affairs Majors

As you progress with your pharmacy administration and pharmacy policy and regulatory affairs degree, there are several abilities you should pick up that will help you in whatever related career you choose. These abilities include:

• Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
• 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.
• Written Expression - The ability to communicate information and ideas in writing so others will understand.
• Speech Clarity - The ability to speak clearly so others can understand you.

What Can You Do With a Pharmacy Admin & Regulatory Affairs Major?

People with a pharmacy administration and pharmacy policy and regulatory affairs degree often go into the following careers:

Job Title	Job Growth Rate	Median Salary
Health Specialties Professors	25.9%	$97,370
Pharmacists	5.6%	$126,120

How Much Do Pharmacy Admin & Regulatory Affairs Majors Make?

Salaries According to BLS

Pharmacy Administration and Pharmacy Policy and Regulatory Affairs majors often go into careers where salaries can range from $122,320 to $123,670 (25th to 75th percentile). This range includes all degree levels, so the salary for a person with just a bachelor’s degree may be a little less and the one for a person with an advanced degree may be a little more.

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.

Amount of Education Required for Careers Related to Pharmacy Admin & Regulatory Affairs

Some degrees associated with pharmacy administration and pharmacy policy and regulatory affairs 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 pharmacy administration and pharmacy policy and regulatory affairs careers below.

Education Level	Percentage of Workers
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production)	1.0%
Associate’s Degree (or other 2-year degree)	1.5%
Bachelor’s Degree	10.7%
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.	7.6%
Master’s Degree	14.3%
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.	0.2%
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.	25.2%
Doctoral Degree	32.9%
Post-Doctoral Training	6.7%

Online Pharmacy Admin & Regulatory Affairs Programs

In 2020-2021, 28 schools offered a pharmacy administration and pharmacy policy and regulatory affairs program of some type. 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)	0	0
Certificate (1-2 years)	0	0
Certificate (2-4 Years)	1	0
Associate’s Degree	1	0
Bachelor’s Degree	6	3
Post-Baccalaureate	0	0
Master’s Degree	18	2
Post-Master’s	3	0
Doctor’s Degree (Research)	7	0
Doctor’s Degree (Professional Practice)	0	0
Doctor’s Degree (Other)	1	0

Is a Degree in Pharmacy Admin & Regulatory Affairs Worth It?

The median salary for a pharmacy administration and pharmacy policy and regulatory affairs grad is $122,320 per year. This is based on the weighted average of the most common careers associated with the major.

This is 207% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $1,648,400 after 20 years!

Majors Related to Pharmacy Admin & Regulatory Affairs

You may also be interested in one of the following majors related to pharmacy administration and pharmacy policy and regulatory affairs.

Major	Number of Grads
Pharmacy	15,637
Pharmaceutical Sciences	2,139
Other Pharmacy, Pharmaceutical Sciences, and Administration	876
Pharmaceutics and Drug Design	503
Clinical and Industrial Drug Development	206
Natural Products Chemistry and Pharmacognosy	175
Pharmacoeconomics/Pharmaceutical Economics	175
Medicinal and Pharmaceutical Chemistry	161
Industrial and Physical Pharmacy and Cosmetic Sciences	152
Pharmaceutical Marketing and Management	97
Clinical, Hospital, and Managed Care Pharmacy	32

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.

• College Factual
• College Scorecard
• National Center for Education Statistics
• O*NET Online
• U.S. Bureau of Labor Statistics
• Usual Weekly Earnings of Wage and Salary Workers First Quarter 2020
• Image Credit: By {} under License

More about our data sources and methodologies.