Career training guide

Pharmacy Residency Programs

Learn what pharmacy residency programs are, how PGY1 and PGY2 training work, who should consider residency, and how PharmD students can prepare.

By Jim Herbst, PharmD, BCPPSPublished Nov. 6, 2022Updated May 3, 20269 min read
Quick answer

What is a pharmacy residency?

A pharmacy residency is postgraduate training that helps licensed pharmacists build advanced practice skills after earning a PharmD. PGY1 residencies usually provide broad clinical and health-system experience, while PGY2 residencies focus on a specialty area such as oncology, pediatrics, psychiatry, ambulatory care, infectious disease, critical care, or another practice area.

Key facts

Use these facts as a quick orientation before reading the full guide. Exact requirements vary by school, pathway, and state.

Training levelPostgraduate training after PharmD graduation and licensure planning
Common typesPGY1 general residency and PGY2 specialty residency
Best forStudents targeting hospital, clinical, specialty, academic, or advanced patient-care roles
Not required for all rolesMany community, industry, managed care, and nontraditional paths may use different training routes

Main points

Residency can be a powerful career accelerator, but it is not the right next step for every PharmD graduate. Students should evaluate residency based on target role, specialty interests, competitiveness, opportunity cost, geography, and lifestyle fit.

Step 1

Clarify your career goal

Residency makes the most sense when it directly supports the kind of pharmacist role you want, such as hospital, clinical, ambulatory, specialty, academic, or advanced patient-care practice.

Step 2

Build strong pharmacy school experiences

Relevant APPE rotations, leadership, research, presentations, work experience, and strong preceptor relationships can support a stronger residency application.

Step 3

Understand PGY1 vs. PGY2

PGY1 residencies tend to build broad practice skills, while PGY2 residencies are focused on specialty practice. Some students complete only PGY1; others pursue PGY2 to specialize.

Step 4

Prepare for applications and interviews

Applicants usually need a CV, letters of recommendation, transcripts, letters of intent, interviews, and careful program research.

Step 5

Compare residency with other paths

Some goals may be better supported by fellowship, direct employment, graduate training, board certification later, or role-specific experience.

Fit

Who should consider a pharmacy residency?

Residency is most relevant for PharmD graduates who want structured postgraduate training and are targeting roles where employers often prefer or require residency. This commonly includes many hospital, clinical, specialty, and academic roles.

  • Students interested in hospital or health-system pharmacy
  • Students pursuing clinical or specialty practice
  • Students considering PGY2 specialization
  • Students who want structured mentorship after graduation
  • Students targeting competitive roles where residency is expected
Tradeoffs

Residency tradeoffs to consider

Residency can improve training, mentorship, and career access, but it also comes with opportunity cost. Residents often earn less than full-time pharmacists during training and may face demanding schedules.

  • Lower short-term earnings than many staff pharmacist roles
  • Competitive application and match process
  • Intensive schedule and performance expectations
  • Potential relocation
  • Stronger fit for some roles than others
Comparison

PGY1 vs. PGY2 residency

Understanding the difference helps students plan rotations and applications.

OptionWhat it meansWhat to verify
PGY1 residencyBroad postgraduate pharmacy training across patient care and practice operationsProgram setting, rotations, staffing requirements, teaching, research, and preceptor support
PGY2 residencySpecialty-focused training after PGY1 or equivalent experienceSpecialty area, clinical depth, career goals, and competitiveness
FellowshipOften used for industry, research, regulatory, medical affairs, or academic pathsWhether fellowship fits better than residency for the target career
Direct employmentEntering practice without postgraduate trainingRole requirements, advancement path, employer training, and opportunity cost
Checklist

Residency planning checklist

Identify target practice settings
Ask whether residency is expected
Seek relevant APPE rotations
Build relationships with preceptors
Update your CV early
Prepare letters of intent
Practice residency interviews
Compare opportunity cost

FAQs

Is pharmacy residency required?

No, residency is not required for every pharmacist career. It is often preferred or required for many hospital, clinical, specialty, and academic roles, but requirements vary by employer and setting.

What is the difference between PGY1 and PGY2?

PGY1 usually provides broad postgraduate pharmacy training, while PGY2 focuses on a specialty area such as oncology, pediatrics, psychiatry, ambulatory care, critical care, or infectious disease.

Can you become a clinical pharmacist without residency?

Sometimes, but many clinical pharmacist roles prefer or require residency training. Practice experience, setting, geography, employer expectations, and specialty area all matter.

Jim Herbst, PharmD, BCPPS
About the author

Jim Herbst, PharmD, BCPPS

Jim Herbst is an advanced patient care pharmacist at a nationally ranked pediatric acute care teaching hospital. He earned his Doctor of Pharmacy degree from The Ohio State University in 2012 and is board certified as a pediatric pharmacy specialist.

Opinions and information published by this author do not necessarily represent the views or opinions of his employer.

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