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Pharmacy Major

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Pharmacy

1,004 Bachelor's Degrees Annually
3 Master's Degrees Annually
#28 in Popularity
$122,320 Median Salary

Types of Degrees Pharmacy Majors Are Getting

The following table lists how many pharmacy graduations there were in 2018-2019 for each degree level.

Education Level Number of Grads
Doctor’s Degree 14,972
Bachelor’s Degree 1,004
Graduate Certificate 14
Master’s Degree 3

What Pharmacy Majors Need to Know

O*NET surveyed people in occupations related to pharmacy 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 Majors

This major prepares you for careers in which these knowledge areas are important:

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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.
  • 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 Majors

A major in pharmacy prepares you for careers in which the following skill-sets are crucial:

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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.
  • 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 Majors

Some of the most crucial abilities to master while a pharmacy student include the following:

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  • 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 Major?

Below is a list of occupations associated with pharmacy:

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

Who Is Getting a Bachelor’s Degree in Pharmacy?

1,004 Bachelor's Degrees Annually
65% Percent Women
39% Percent Racial-Ethnic Minorities*
The major attracts more women than men. About 65% of the recent graduates in this field are female.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of pharmacy majors is as follows:

Racial-Ethnic Diversity of Pharmacy Students with Bachelor's Degrees
Race/Ethnicity Number of Grads
Asian 254
Black or African American 55
Hispanic or Latino 41
White 487
International Students 94
Other Races/Ethnicities 73

Geographic Diversity

Students from other countries are interested in Pharmacy, too. About 9.4% of those with this major are international students.

How Much Do Pharmacy Majors Make?

Salaries According to BLS

Pharmacy 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 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 Pharmacy Major  ( 122320 to 123670 )
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250K
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 pharmacy may require an advanced degree, while others may not even require a bachelor’s in the field. In general, the more advanced your degree the more career options will open up to you. However, there is significant time and money that needs to be invested into your education so weigh the pros and cons.

How much schooling do you really need to compete in today’s job market? People currently working in careers related to pharmacy have obtained the following education levels.

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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 Programs

In the 2018-2019 academic year, 141 schools offered some type of pharmacy 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) 0 0
Certificate (1-2 years) 0 0
Certificate (2-4 Years) 0 0
Associate’s Degree 0 0
Bachelor’s Degree 0 0
Post-Baccalaureate 0 0
Master’s Degree 2 1
Post-Master’s 3 0
Doctor’s Degree (Research) 4 0
Doctor’s Degree (Professional Practice) 136 8
Doctor’s Degree (Other) 1 0

Is a Degree in Pharmacy Worth It?

The median salary for a pharmacy 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!

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You may also be interested in one of the following majors related to pharmacy.

Major Number of Grads
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
Clinical and Industrial Drug Development 169
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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