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Pharmacy/Pharmaceutical Sciences Major

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Pharmacy/Pharmaceutical Sciences

2,747 Bachelor's Degrees Annually
1,462 Master's Degrees Annually
#115 in Popularity
$123,670 Median Salary

Types of Degrees Pharmacy/Pharmaceutical Sciences Majors Are Getting

The following table lists how many pharmacy/pharmaceutical sciences graduations there were in 2017-2018 for each degree level.

Education Level Number of Grads
Doctor’s Degree 15,588
Bachelor’s Degree 2,747
Master’s Degree 1,462
Graduate Certificate 106
Basic Certificate 42
Associate’s Degree 17

What Pharmacy/Pharmaceutical Sciences Majors Need to Know

People with careers related to pharmacy 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 Pharmacy Majors

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

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  • 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.
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Sales and Marketing - Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.

Skills for Pharmacy Majors

The following list of skills has been highlighted as some of the most essential for careers related to pharmacy:

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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.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.

Abilities for Pharmacy Majors

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

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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.
  • Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.

What Can You Do With a Pharmacy/Pharmaceutical Sciences Major?

People with a pharmacy degree often go into the following careers:

Job Title Job Growth Rate Median Salary
Health Specialties Professors 25.9% $97,370
Marketing Managers 10.1% $134,290
Medical Scientists, Except Epidemiologists 13.4% $84,810
Pharmacists 5.6% $126,120
Sales Managers 7.5% $124,220

Who Is Getting a Bachelor’s Degree in Pharmacy/Pharmaceutical Sciences?

2,747 Bachelor's Degrees Annually
63% Percent Women
36% Percent Racial-Ethnic Minorities
This is a less frequently chosen undergraduate major. Only 2,747 students graduated with a bachelor’s degree in pharmacy/pharmaceutical sciences in 2018, making it rank #115 in popularity. This major is dominated by women with about 63% of recent graduates being 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 665
Black or African American 136
Hispanic or Latino 101
White 1,523
International Students 130
Other Races/Ethnicities 192

Geographic Diversity

Students from other countries are interested in Pharmacy, too. About 4.7% of those with this major are international students. The most popular countries for students from outside the country are:

  • India
  • China
  • South Korea
  • Canada
  • Saudi Arabia

How Much Do Pharmacy/Pharmaceutical Sciences Majors Make?

Bachelor’s Degree Starting Salary

According to 2017-2018 data from the U.S. Department of Education, students who graduated with a bachelor’s degree in pharmacy have a median salary of $38,800 during the early years of their career. During this timeframe, most salaries fell between $30,800 (25th percentile) and $46,000 (75th percentile).

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We don’t know for sure if all of these people took jobs related to pharmacy so take that into consideration.

Salaries According to BLS

Pharmacy majors often go into careers where salaries can range from $122,320 to $140,320 (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.

Median Salary for a Pharmacy/Pharmaceutical Sciences Major  ( 122320 to 140320 )
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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 careers associated with pharmacy require an advanced degree while some may not even require a bachelor’s. Whatever the case may be, pursuing more education usually means that more career options will be available to you.

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
High School Diploma - or the equivalent (for example, GED) 0.9%
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) 0.4%
Some College Courses 1.3%
Associate’s Degree (or other 2-year degree) 3.3%
Bachelor’s Degree 28.5%
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. 4.6%
Master’s Degree 17.2%
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. 0.1%
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. 12.7%
Doctoral Degree 19.2%
Post-Doctoral Training 12.2%

Online Pharmacy/Pharmaceutical Sciences Programs

In 2017-2018, 180 schools offered a pharmacy 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) 4 1
Certificate (1-2 years) 1 0
Certificate (2-4 Years) 0 0
Associate’s Degree 8 0
Bachelor’s Degree 26 10
Post-Baccalaureate 4 1
Master’s Degree 152 16
Post-Master’s 6 0
Doctor’s Degree (Research) 114 2
Doctor’s Degree (Professional Practice) 138 9
Doctor’s Degree (Other) 2 0

Is a Degree in Pharmacy/Pharmaceutical Sciences Worth It?

The median salary for a pharmacy 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 pharmacy.

Major Number of Grads
Nursing 293,633
Allied Health & Medical Assisting Services 104,465
Practical Nursing & Nursing Assistants 90,916
Health & Medical Administrative Services 87,058
Allied Health Professions 86,125
Public Health 34,089
Rehabilitation & Therapeutic Professions 28,068
Dental Support Services 27,155
Mental & Social Health Services 26,783
Health Sciences & Services 24,436
Communication Sciences 21,520
Medicine 19,418
Clinical/Medical Laboratory Science 19,295
Somatic Bodywork & Therapeutic Services 15,451
Health/Medical Prep Programs 11,807
Other Health Professions 8,426
Dentistry 6,518
Osteopathic Medicine 6,392
Dietetics & Clinical Nutrition Services 6,056
Health Aids/Attendants/Orderlies 3,875
Alternative Medicine & Systems 3,481
Veterinary Medicine 3,175
Chiropractic 2,503
Advanced Dentistry & Oral Sciences 1,714
Optometry 1,674
Medical Illustration & Informatics 1,608
Ophthalmic & Optometric Support Services 1,089
Veterinary Biomedical & Clinical Services 804
Medical Science 738
Podiatry 543
Bioethics/Medical Ethics 535
Movement & Mind-Body Therapies 373
Alternative Medical Support Services 244
Energy & Biologically Based Therapies 73

References

More about our data sources and methodologies.

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