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The Benefits of Residency Training
Adapted from: Reile DM and Nickols JL. Survival Strategies for Your New Career, 2006; 4-6.


Residency Training

Having spent some time in self-assessment and conducting informational interviews, you may have begun to wonder if a residency is right for you. Pharmacy residencies began in the early 1930s as internships to train pharmacists in hospital pharmacy management. Today, ASHP has developed accreditation standards for both postgraduate year one (PGY1) and postgraduate year two (PGY2) pharmacy residencies and has recently formed partnerships with other pharmacy associations (e.g., Academy of Managed Care Pharmacy, American College of Clinical Pharmacy, and the American Pharmacists Association [APhA]) for joint accreditation of residencies. Currently there are 774 accredited and accreditation-pending residency programs (482 PGY1 and 292 PGY2). The total number of PGY1 pharmacy residency positions available in the recent match was 1222.

Residency training can take place in a variety of health-care settings— some of which include hospitals, community pharmacies, home care programs, ambulatory care settings, and managed care facilities. The type of residency you select will depend upon your career objectives. Are you interested in providing pharmaceutical care to a broad mix of patients? pursuing a career in pharmacy administration? becoming a specialized practitioner or educator? Based on your interests and experience level, you will need to complete a PGY1 (pharmacy practice) or a PGY2 (specialized) pharmacy residency, or both.

In addition to preparing pharmacists for practice by exposing them to a wide range of patients, residency training offers several other advantages:

  • A competitive advantage in the job market. More and more employers recognize the value of residency training. A pharmacist who has completed a residency will have a clear advantage over applicants who have not.
  • Networking opportunities. Many opportunities arise for residents to establish or expand their network of professional acquaintances and contacts, including preceptors and other residents.
  • Career planning. During the course of training, most residents gain a clearer picture of what type of practice best suits them. Residency preceptors are committed to providing personal attention and assisting each resident in further defining professional goals.
  • Professional vision. Many programs also offer the opportunity to see how pharmacy is practiced in different parts of the country by arranging for residents to visit other residency programs or by allowing residents to complete a portion of the residency at another site (e.g., acute care, community care, home care, long-term care, managed care).

Postgraduate Year Two (PGY2) Pharmacy Residencies. ASHP recognizes PGY2 pharmacy residencies in an ever expanding number of areas: cardiology, clinical pharmacokinetics, critical care, drug information, emergency medicine, geriatrics, HIV, infectious diseases, internal medicine, managed care pharmacy systems, nephrology, nuclear pharmacy, nutrition support, oncology, pediatrics, pharmacotherapy, pharmacy informatics, pharmacy practice management, primary care, and psychiatric pharmacy practice.

A PGY2 pharmacy residency is designed to build upon competencies developed by a PGY1 pharmacy residency. All ASHP-accredited residencies are full-time commitments that require at least one year to complete. Because all PGY2 residencies require that the applicant has completed a PGY1 pharmacy residency, one should plan for two years of training after receiving an academic degree. Some PGY2 residencies may be offered in combination with other programs, such as a master’s degree or a fellowship, which may require additional years to complete.

Requirements for Residency Admission

  1. You must be a graduate of an ACPE-accredited college of pharmacy or otherwise be eligible for licensure.
  2. You will need to demonstrate your interest in and aptitude for advanced training in pharmacy.
  3. Some residencies require that you be licensed to practice before you enter the program. Others will accept you while you pursue state board licensure.
  4. For residencies that are combined with a graduate degree program, you must satisfy the requirements of the college of pharmacy or graduate school for admission to the advanced degree program. In addition, you will need to satisfy the residency requirements.
  5. Residents in ASHP-accredited programs are encouraged to be members of a professional pharmacy association.

There are some additional qualifications for a residency, such as excellent written and oral communication skills, organizational and time management skills, leadership ability, good decision-making skills, and participation in both professional and social organizations. For more information about ASHP-accredited residencies, contact

Accreditation Services Division ASHP
7272 Wisconsin Avenue
Bethesda, MD 20814
Phone: (301) 664-8645
Fax: (301) 634-5745
asd@ashp.org