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FAQ
Question: What can I expect during a residency?
Answer: Residencies are typically one year commitments, and generally begin in July, although this does vary. Residencies are salaried positions, and most programs include healthcare benefits, paid vacation and educational allowances. Compensation varies between programs, but most Midwestern residencies range from between $29,000 and $40,000.
As far as day-to-day activities, pharmacy practice residencies differ between sites, with most programs offering discreet rotations, frequently four or six weeks in length, in various areas of the facility. These areas differ by residency, but frequently include acute care, internal medicine, practice management, and ambulatory care. In this type of rotation, there are generally required rotations and then elective rotations that a resident can choose for themselves based on their areas of interest. These elective rotations are often used to prepare for PGY2 residencies.
Residents work with their preceptors in the various areas of pharmacy and may be expected to complete multiple small projects and presentations. Residencies associated with colleges of pharmacy also frequently have residents perform some teaching functions as well. In addition to small projects on a regular basis, every resident will also complete a larger residency project. These projects are required for completion of the residency and usually presented at a regional or national conference.
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