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I actually would like to get an MBA or take finance post grad certification courses INSTEAD of getting the Pharm.D. I don't mind working on the administrative side of healthcare (maybe a healthcare data analyst).
For MBA, it is still costly. Competition is fierce in biotech. If you have good personality, you can work in sale and climbed up the corporate ladder. It will be very boring job, virtually no patient interaction. You will get yell by your manager, customers constantly. It is definitely a harsh working environment, much worse than a pharmacy store. There is no guaranteed for six figure salary even if u work very hard and long hours. You have to know how to kiss-ass your manager and director in order to advance your career.I actually would like to get an MBA or take finance post grad certification courses INSTEAD of getting the Pharm.D. I don't mind working on the administrative side of healthcare (maybe a healthcare data analyst).
Definitely Agree, hard work and passion is the key to advance any career. There is no easy paycheck. Administrative side of healthcare or biotech are even more competitive when you compare to pharmacy. You may think the grass is greener on the other side. But if you take the time to water your own grass, it would be just as green.I can pretty much guarantee that you will be accepted at a pharmacy school with your 3.1 GPA.
You still have a chance to be admitted into dental school, medical school, and PA school..... you just have to do a postbac or masters and get a 3.7+ GPA
along with a strong DAT or MCAT score. However, considering how you don't want to be in debt you should not pursue dentistry (400K debt on average)
and since you do not want to go to school for a long time forget about medicine (7 years minimum).
As for optometry school, a 3.1 is good enough for admission... no masters needed.
Pharmacy is not a stable 9-5 job, really the only 9-5 job in healthcare these days are dentistry or ROAD (top medical specialties)
If you cannot handle pharmacy anymore how do you expect to enjoy the rest of your life?
I can tell you this, you are not alone... most prepharmers I know don't like pharmacy at all... they even did bad in chemistry, they only pursue pharmacy
because they want money, a "stable job", don't like bodily fluid, and don't have the stats to get into medicine/dentistry.
You have your whole life ahead of you, don't put yourself in 200K financial debt because you want to hurry up and get a "6 figure" job
Decide what you truly want to do with your life, and pursue that.... if you are passionate about something the happiness will come
I have yet to meet a pharmacist who is "passionate" about pharmacy, but maybe there are a few that genuinely are, as long as they're not lying to themselves.
Don't get an MBA, it wouldn't change much for pharmacy, I suggest taking some time to seriously consider what makes you happy
or you can go to pharm school like everyone else that never had the passion to work hard and just want a paycheck.
are you saying healthcare administration is more competitive than pharmacy in terms of getting admission for the healthcare administration program or getting a job?
I do like pharmacy, I like learning about how drugs interact with the body and even have several ideas on what I want to do in the field (really like independent pharmacy; specializations - psychiatry, endocrinology, nutrition). I just don't think I'm capable enough to get through the Pharm.D program based on my mental health. I'm trying to get help for that now - seeing a therapist. What I want to do right now is to simply find the fastest way to be financially independent, I'll see if I want to do pharmacy later on. I can't help it, I've been feeling this way for a long time. I just want to move on with my life. I want big girl job now, I want to find a guy to date and eventually marry, I don't want to wait till I'm 30 to start my life.
I am not implying getting an admission. I am implying getting a job. I am a degree in regulatory. It is the most easy master to get in. You apply and u r in. There will be ton of programs waiting for u to apply and rob u with 30k. But what can u do after u graduate? Company looks for EXPERIENCES, especially working on the administration side of health-care. You degree will offer u nothing without practical experience. Even if u get a job, it is definitely not six figure and long term. When the funding is low, company will first cut the administration side. Your chance of being lay off is very high.are you saying healthcare administration is more competitive than pharmacy in terms of getting admission for the healthcare administration program or getting a job?
I do like pharmacy, I like learning about how drugs interact with the body and even have several ideas on what I want to do in the field (really like independent pharmacy; specializations - psychiatry, endocrinology, nutrition). I just don't think I'm capable enough to get through the Pharm.D program based on my mental health. I'm trying to get help for that now - seeing a therapist. What I want to do right now is to simply find the fastest way to be financially independent, I'll see if I want to do pharmacy later on. I can't help it, I've been feeling this way for a long time. I just want to move on with my life. I want big girl job now, I want to find a guy to date and eventually marry, I don't want to wait till I'm 30 to start my life.
Yea definitely take a break if u feel too stressful. But why dont u just apply some other jobs before u spend money on another degree? There will be plenty of entree level job in healthcare or biotech required only a bachelor. You just have to keep applying. Worse come to Worse. If you do not like work on those jobs, you can always re-apply to pharmacy. Dont make the same mistake I do. Dont fritter away your 30k to another degree until you receive some real world experiences.are you saying healthcare administration is more competitive than pharmacy in terms of getting admission for the healthcare administration program or getting a job?
I do like pharmacy, I like learning about how drugs interact with the body and even have several ideas on what I want to do in the field (really like independent pharmacy; specializations - psychiatry, endocrinology, nutrition). I just don't think I'm capable enough to get through the Pharm.D program based on my mental health. I'm trying to get help for that now - seeing a therapist. What I want to do right now is to simply find the fastest way to be financially independent, I'll see if I want to do pharmacy later on. I can't help it, I've been feeling this way for a long time. I just want to move on with my life. I want big girl job now, I want to find a guy to date and eventually marry, I don't want to wait till I'm 30 to start my life.
Seems to be a common theme, but you have to remember the sample size. Almost all of the negative pharmacy outlook posts in this forum bring out joker and stoich.
Okay, so here's my situation. I'm 23 years old and graduated with a bachelors in December 2015. I submitted my pharmacy applications and have some interviews to attend. I just finished my interview last Friday and am now waiting to hear back from them. As of now, I work in a pharmacy to make money, gain more pharmacy experience, and just keep myself occupied for the time being.
The reason why I'm feeling so down is because I feel like none of this pharmacy stuff is worth it anymore. I keep hearing about how the pharmacy job market is terrible. In my opinion, having to take out $200K loans + studying my head off just to have a hard time finding a job as a pharmacist in 2020 really kills my motivation. After putting all of this into consideration, I question my decision of going into pharmacy almost every single day. Of course, my GPA is too low for MD/PA/dentistry/OD (3.1 GPA) so pharmacy is really my only choice in terms of a healthcare profession. When I see everybody else my age happily employed after graduating with a degree in finance/accounting/engineering/communications or whatever degree is employable I feel so depressed while I'm only working as a pharmacy clerk. To be honest, I just want to be financially stabile as soon as possible as long as I reasonably like my job and earn decent money. Don't get me wrong, I love healthcare, I like pharmacy and the science behind it. I definitely would have pursued pharmacy if the job market was like it was ten years ago. I'm just not passionate enough to where I'm willing to put my life on hold for another 4 years and spend $200K for an uncertain future. I actually wanted to switch my major to finance and finish my pharmacy school prereqs on the side my sophomore year of college, but then my parents were furious at that idea, so as you can see much of this issue comes from family pressures.
Right now, I'm wondering if I could take some post grad certification courses in finance or get an MBA to make myself more employable. I really don't like working in retail pharmacy and I don't think I can take it anymore. I definitely prefer minimal interaction with customers/patients and just working with my teammates (people I'm more familiar with). I just want a stabile 9 to 5 job ASAP where I can make decent money. Now I'm scared if I ruined my life and if I have no other choice except to go for pharmacy, work my *** off, and just pray for the best.
So what do you think I should do and what do you think of my situation? Is it pathetic and did I screw up my life? What options do you suggest for me?
Seems to be a common theme, but you have to remember the sample size. Almost all of the negative pharmacy outlook posts in this forum bring out joker and stoich. Individuals on this forum are motivated. That motivation may be to get into school, to change disciplines, to reaffirm the choice to do something else. What many are posting are half-truths. New grads are still getting jobs. It's far more difficult now... You have to work for that great position. Expect to compete with several (or more) pharmacists for the truly coveted positions.
I can only speak from what I have personally seen and done. In the past twelve months, I've hired 4 clinical pharmacists, 2 outpatient pharmacists, 6 outpatient techs, 1 clinical pharmacy tech, and 1 sole prescriber tech. We are getting ready to list one additional clinical pharmacist and one outpatient positions in the near future. For two of these positions, we had only two applicants.
What I'm getting at is the jobs are out there. If you're willing to come to Colorado, I know of two opening up shortly.
Because healthcare is moving away from fee for service (FFS) and towards value-based payment/purchasing (VBP), clinical knowledge and application will be paramount. Pharmacists will be called on more than before to perform clinical duties to improve outcomes because in VBP, poor outcomes = less reimbursement, and medication-related problems are a huge issue.
Hovewer, the lowering of standards for pharmacy education and increase in the number of pharmacy schools ensures that supply outpaces demand... and therefore more pharmacists than ever will be doing retail, and even then, retail is seeing such a glut of pharmacists that many new pharmacists are lucky to even have a job floating from store to store without having a stable staff position. If you want a job with a lot of clinical functions, you'd better attend an established school of pharmacy vs. these increasingly common no-standards "diploma mills", and really excel as a student (ideally, be near the top of your class, perform as a leader, impress your professors and preceptors). Expect to have to do a residency, in which you'll earn less than 50% of a full-fledged pharmacist's salary for at least another year.
It really depends on what you are trying to get out of becoming a pharmacist. But people should understand that it is not a profitable profession in most cases. 4 years of school and $200k+ in tuition. If you would have otherwise made $40,000/year with a job right out of undergraduate school, 4 years in pharmacy school comes with the opportunity cost of $160,000 in lost earnings, in addition to the $200,000 you're paying. That's about $360,000 which doesn't even include the interest on loans. If you owe $200k+, expect to start off paying $10,000 a year in interest - that will decrease over time as you pay off your principal, but over the lifetime of the loan, it will add up to become a lot. In order to even "break even" financially, it will take most new pharmacists more than 10 years (15-20, likely)....maybe 10 years to pay off the loan and another 5-10 years to make it back.
Honestly, nurses will probably make more than pharmacists for the first 15 years and be able to save quicker while they are young...by the time they are in their late 20s or early 30s, they will have less trouble affording weddings, vacations, and buying a house while most pharmacists are struggling to pay off their debt. So if you decide to do go into pharmacy, you should understand that the path will be very difficult, the competition will be stiff, and the financial payoff will not be high - you'd better have some kind of compelling non-financial payoff to justify a decision to become a pharmacist. Most prospective pharmacy students just don't have the maturity to see beyond the alluring, but deceptive $100k salary. They just do not understand the costs and difficulties of being a pharmacist.
just to reiterate my suggestion for OP to pursue nursing, this was posted earlier today in the "Pharmacy" subsection:
http://forums.studentdoctor.net/threads/will-retail-be-only-option-for-pharmacist-in-future.1183467/
I'm just not passionate enough to where I'm willing to put my life on hold for another 4 years and spend $200K for an uncertain future.
Didn't you read that she hates interacting with customers/patients? I don't think that makes her a good fit for nursing
I'm very depressed. Ever since my sophomore year of college I tried to tell my parents that the pharmacy job market is not good, they think I'm just trying to make excuses and take the easy way out. They also think pharmacists and pharmacy students warning pre-pharmers about the job market are just lying so they can get and keep their pharmacy jobs. Part of me wants to stay in pharmacy but the other part is so terrified of the risks involved in pursuing pharmacy.
I showed this to my mom last month and she just tells me not to worry because other fields of pharmacy will be expanding and only retail jobs will decrease. Whatever, I'm pretty much doomed for life now lol
would it be possible for me to take grad courses in accounting or finance so I can get that kind of job soon? another idea I have in mind is public health (either epidemiology or biostatistics)
So you're going to need to ask yourself what's more important...what your parents want you to do, or what you think is good for yourself?I showed this to my mom last month and she just tells me not to worry because other fields of pharmacy will be expanding and only retail jobs will decrease. Whatever, I'm pretty much doomed for life now lol