Why I did NOT do a Pharmacy Residency
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- Опубліковано 5 жов 2024
- In this video I talk about why I chose not to pursue a pharmacy residency after pharmacy school. We also discuss the trends in pharmacy residencies over the years by taking a look at ASHP Match Trends. Then we discuss the pros and cons of a pharmacy residency and try to answer the question of whether or not you should do a pharmacy residency.
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Wow, I used to watch you a long time ago, maybe you convinced me to go to pharmacy school 😂. I graduated in 2016 and did not do a residency, but still ended up in a major hospital in Atlanta. I am now relocating to Washington State, applying to every hospital available. I did notice that a lot of positions do mention that residency is “desired”, however I’m hoping my years of experience as a clinical pharmacist will help. 🤞🏿
Unless you planning to be instructor/ academia, researcher/fellowship, or concentrating in radiopharm, there is no need for residency. All you need is your continuing motivation and educating yourself. After 3 to 4 years you can get those board certifications. If you’re willing to relocate there are hospitals in rural areas that will hire you right from college. Work for few years and get as many certifications as you can and you will be good.
Most hospital residency for pharmacists are telling students up front that they are NOT hiring anyone and are NOT looking to fill any positions within the hospitals. Now a days, residents are just being used as free labor. I know residents that have no clue what they are going to do now. The departments are being downsized and these residents feel like it was a waste of time.
Well at least you still have a better shot at finding a job than a new grad with no residency since you have an extra credential...
Looks like the pharmacy profession has huge differences among different states. I am in a rural area on the East Coast, and the profession is still ok.
@@DrHongsPharmacyClassroom Retail pay is dropping every year, almost every month. CVS in San Diego is offering $50/hr which is very bad in a high cost of living city. Think about this trend.
@@sharkparty1027 Thanks for the info. It is unfortunate that the corporate does not adjust pharmacists' pay according to each state's cost of living. $50/hr is really not that bad in the mid-Atlantic and rural parts of North East regions. Don't get me wrong. I think $50/hr is still relatively low for what students are investing in their education these days, but it is certainly not in a "very bad" situation here on the East coast.
@@DrHongsPharmacyClassroom How about $50/hour with a loan of $230,000+ for new grads?
Thanks for the inspiration Paul .
This is very encouraging to hear your story. I’m in the process of waiting to hear back from programs and I’ve gotten two rejections so far out of 9. I’m worried I won’t get an interview too but hopefully it’ll all work out. Thanks for sharing your story!
Very candid opinion! I graduated with my PharmD in 2011 (a year before you). I also applied PGY-1 and did not get matched. I was happy for not getting matched, so I ended up getting my PhD. As you said, the value of a residency depends on what field of pharmacy the graduates are getting into. If people want to do academia, a residency is a MUST. For a regular staff position at a hospital and in retail, residency is probably not going to make you stand out too much. Another key factor is location. Some rural areas of the country still have positions that need to be filled. In these areas, a competent fresh graduate could even get a clinical pharmacist position without a PGY-1.
Not true. Diploma mills have been hiring fresh grads with no residency as faculty (for example, Chapman University in Irvine, CA) and you can't find hospital jobs without a residency even in BFE areas anymore. The days of "you can find a job so long as you move" are long over...
@@xigosutoxic I have to admit I don't know anything in CA. On the Eastern coast, things are a little bit different. I am only speaking on the Eastern experience. Thanks a lot for sharing info on the West Coast!
@@DrHongsPharmacyClassroom Which areas in the East Coast are you talking about? I have just recently met a pharmacist from PA who said the situation was really bad out there too.
@@sharkparty1027 I know places in West Virginia, western to central PA, and parts of northeast rural PA are still actively hiring. I know these are not areas for everyone, and especially for people that are used to CA. These places are cold and in the middle of nowhere. There are no real entertainment, but there are jobs. Over 95% of pharmacy graduates from my school have a job upon graduation. The quality of individual program matters. How they prepare their students for positions is the key. My school does a pretty good job for over two decades.
Dr. Hong's Pharmacy Classroom 95% employment after graduation? That's a straight lie. You, like most pharmacy school faculty probably count residency/fellowship as "employment" to artificially inflate your numbers. Take those out or follow your grads over a 2 year horizon post-graduation then tell me what you get...
I highly recommend a pgy1 residency! It is without a doubt very tough year, but the amount of knowledge you gain clinically and professionally is well worth while.
Thanks for sharing🔥
I applied to 12 programs this year and got a few interviews but I did not match, I know so many people who did residencies but I guess things happen for a reason
Retail pay is dropping every year, almost every month. CVS in San Diego is offering $50/hr which is very bad in a high cost of living city. Think about this trend.
Shark Party I know. I’m kinda in a bind right now being a new grad with the Covid job market. Feels a little hopeless
@@NeverBeBored08 Location and location. I hate to move too. But sometimes graduates need to move a huge distance to get their first jobs. Just remember you are relatively young, and nothing has to be permanent. Once you have the CV brushed up, you can apply for your next position in a city that you like.
@@DrHongsPharmacyClassroom At this point, move anywhere. Current loans are more than in the past. Many old timers tend to get confused as they haven't seen the current cost of tuition.
Loans are $230,000+ right now.
@@sharkparty1027 It appears you are very unhappy with the profession. I don't mean to offend you in any way nor I am attempting to change your view of the pharmacy profession. I have been in pharmacy schools (both state schools and private schools) since 2007, and I haven't left a single day, as a pharmacy student, Ph.D. students, post-doc, and now a faculty. I am fully aware of both in-state, out-of-state and private school tuitions in my east coast region. I am saddened to see how bad things are in CA. I understand that not everyone can move due to many many reasons, but there are still decently paid pharmacist positions out there. Again, I am sorry for how you feel.
Hi Paul, you looks tired. Have some rest.
It won't matter wher you go for PGY1 or not, there are too many pharmacy schools in the USA.
amazing video
what are your 4 pharmacist jobs?!!
What jobs do you have as a Pharmacist?
Hi.. thank you so much for sharing this. I am wondering if you can explain what do you mean by “match” or didn’t match when applying for residency?
There is a matching process in the residency application. Candidates rank their preference of residency programs after their interviews in the matching system. Each residency program also ranks their preferred potential resident. E.g. if you rank residency A is your number 1 choice, and residency A also ranks you as its number 1 choice, then you are matched. If the program ranks you as the number 2, and rank your friend as the number 1, and your friend rank the program as the number 1, your friend will be matched. You will not match. BUT, if your friend does not even rank the program A in the list, then you will be matched with program A, because it automatically falls to the second in preference. It is a complicated system that has flaws. Sometimes there is luck involved if you are matched or not. I have seen too many excellent students who did not get matched.
@@DrHongsPharmacyClassroom what a stupid system >''
Dr. Hong's Pharmacy Classroom The random method how to match the residency sounds super stupid. Thank you so much for your explanation. It make me understand what I will expect in the future when I want to apply for residency. I appreciate your explanation. Thanks again.
veteran affiars job vs state job? opionions?
Does anyone know how much amazon pays for pharmacists? Also what’s the most a pharmacist can make if they decide to go into industry
I don't know what Amazon pays for pharmacists. But in the industry, I know some pharmacists in their mid-level management roles are making close to 200K/ year in New Jersey. But they usually also have an MBA or additional advanced degrees (e.g. MPH).
Dr. Hong's Pharmacy Classroom interesting, but NJ has a high cost of living including higher taxes.
Ali-reza Mobaraki True. There is no perfect world and places.
more than half of my class did a residency. A residency also means job security in many cases.
Not anymore. Now it is just being free labor.
@@sharkparty1027 I agree... Nothing is guaranteed in this extremely saturated pharmacy market. I see a lot of inpatient residency trained RPh who aren't finding jobs cause there are just not that many hospitals out there, also covid-19 furlough.
Residency is $10/hr if even that for hours and hours of work....not worth it whatsoever.
@@CrazySerb01 It is less than that with all the AT HOME projects you are given.