Received my Masters in MTM from UF

[RedheadRPh]

Received my Masters in MTM from UF several months ago with 5 other pharmacists.

Here are the details:
Cost $22,000 + 2 trips to FL (airfare, hotel, meals, car) + $1800 for internet
Timeframe – 20 months
Courses (foundations MTM I and II, cardio, GI, neuro, endocrine, renal, psych, heme, resp, Capstone) lasting 6-7 weeks.
Business plan presentation and comp exam
Each course was comprised of:
3-6 1 hr lectures
3 discussion board postings
3 homework assignments (one was always a CMR+SOAPE on a very complex patient)
2 quizes, a midterm, and a final
6 Adobe Connect sessions w/breakout groups

In 2012 I was a consultant in LTC and we were going to begin performing CMRs on the NH patients. I was aware of the current state of pharmacist oversupply (in my area) and I wanted to further my education (BSPharm here) and thought this program would be shorter and less $ than UFs WPPD program.

I loved the program, worked hard, and learned a lot!

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[Sparda29]

Seems unnecessary, you should know how to do MTM from pharmacy school.

 

[RedheadRPh]

Thanks - I just wanted to let people know what the experience was like.

I was laid off from the LTC pharmacy (d/t bed loss) 6 weeks after starting the MTM program.

After a year I found a position in the outpatient oncology sector and I am using parts of my new skillset when the physicians have questions, although I am not performing billable CMRs...yet!

The six of us who graduated ranged from PharmDs in their 20s to BSPharms in their 50s!

 

[BMBiology]

UF does the same thing as USC...pushing all of these expensive and useless master programs.

How many pharmacists do you know that make a living from just MTM? And why would you need to redo pharmacy school?

 

[fauxden]

I don't want to seem rude or anything, but that sure does seem expensive.

 

[MatCauthon]

I hope this isn't the new trend. PGY2's can't find jobs so they get masters in MTM, masters in public health, MBAs, and fellowships to jump over the competition.

 

[RedheadRPh]

One of my fellow students (no residency PharmD) was already employed performing (and teaching pharmacists) MTM.
Another student (? residency PharmD) switched jobs this month to a MTM only position.
I chose to go back to school because I have a BSPharm, wanted the extra degree, and the program interested me.

 

[Gombrich12]

I need to become an investor in a post-PharmD certification program. There is a lot of money to be made in the next 10 years.

 

[PharFromNormal]

Please tell me this isn't true...

Instead of doing a residency where you would get atleast a little bit of cash in addition to whatever that brings you - you opted for a masters in which you paid more money for something that seems like it would carry less weight on the job market. Fascinating investment.

 

[gwarm01]

This reads like an advertisement.

 

[zelman]

Please tell me this isn't true...

Instead of doing a residency where you would get atleast a little bit of cash in addition to whatever that brings you - you opted for a masters in which you paid more money for something that seems like it would carry less weight on the job market. Fascinating investment.

You think working retail for 2 years while paying this tuition nets less money than a residency + 1 year's salary? It is less valuable, for sure, but not less costly.

 

[RedheadRPh]

My post was purely informational since no one has posted ANTHING about earning this degree on any forum here.

WOW, if anyone knows of a residency position available (I have 24 years experience in the profession)...bring it on...I would LOVE to quit my cushy 8-4 M-F non-retail job for a chance at that!

 

[BMBiology]

you have already worked for 24 years as a pharmacist? you should be thinking about retirement, not earning a master degree.

 

[PharFromNormal]

You think working retail for 2 years while paying this tuition nets less money than a residency + 1 year's salary? It is less valuable, for sure, but not less costly.

First of all they were working LTC...

A residency is 1 year. They would be giving up 1 year of LTC pharmacy.

1 year LTC salary + 1 year residency stipend vs. 2 year LTC salary - (22k + travel/associated room and board + 1.8k internet costs)

This simplifies to: 1 year residency stipend vs. 1 year LTC - (22k + travel/Room/board + 1.8k internet costs)
(we will leave out the intangibles of work load as residencies vary as do LTC workload)

I guess on a true cash basis you might be right, depending on the wage of the LTC job and the stipend of the residency...but yea probably favors the 2 years at the LTC. But how much would you say the monetary worth of a completed residency is vs. a masters in MTM?

 

[BidingMyTime]

Thanks for the information Redhead, I had no idea there was a masters in MTM. Education is always good, even if it the only benefit is to your confidence. Congratulations on your new degree.

 

[RedheadRPh]

Thanks BidingMyTime...A Masters degree is definitely an addition to a BS degree in my case...

IDK why zelman is calculating residency vs. employment in my case...residency was never an option for me..missed sarcasm is always a crime IMO.

I am always thinking about retirement but will act on it in 10 yrs when I am 58 and then you vultures can have my cushy job!

 

[BenJammin]

I wish I received a masters in something I can already do.

 

[RedheadRPh]

BenJammin - Its hard making a go of things but the only person you can rely on is yourself and you have to find your way in this world...

 

[zelman]

Thanks BidingMyTime...A Masters degree is definitely an addition to a BS degree in my case...

IDK why zelman is calculating residency vs. employment in my case...residency was never an option for me..missed sarcasm is always a crime IMO.

I am always thinking about retirement but will act on it in 10 yrs when I am 58 and then you vultures can have my cushy job!

My post makes sense if you assume I'm responding to the post I quoted. If you don't, then I suppose it might be confusing.

 

[The_Taxman]

So you're pretty much a master at reading things off of a screen?

 

[croquemonsieur]

I wish I received a masters in something I can already do.

So true. Maybe next UF will create a Master's in Diagnosis for physicians.

 

[BenJammin]

BenJammin - Its hard making a go of things but the only person you can rely on is yourself and you have to find your way in this world...

Well, I don't what the hell that means but you missed the point of my post. You paid a university 5 figures to let them teach you what they should have taught you while you were in pharmacy school. Is it a location thing? All of the schools in this region get taught how to master MTM. You won't be seeing a masters in MTM offered by UT, SWOSU, Tech, OU, or A&M.

 

[zelman]

Well, I don't what the hell that means but you missed the point of my post. You paid a university 5 figures to let them teach you what they should have taught you while you were in pharmacy school. Is it a location thing? All of the schools in this region get taught how to master MTM. You won't be seeing a masters in MTM offered by UT, SWOSU, Tech, OU, or A&M.

Do you think those curricula have been modified in the last 24 years while RedheadRPh was actually working to make them better preparation for MTM? Maybe they even added a sixth year in there somewhere? There are pharmacists out there who have 4 year degrees from long ago. Just because you have a PharmD doesn't mean every other RPh does. There is a market for this program, even if it doesn't include you.

 

[RedheadRPh]

Right on zelman! (Crap - sounds like I am a hippie child...)
Spot on zelman! (**it - sound like an English dood)

Correct zelman!