Career Change to Pharmacy?

cpolashenski

Confused about dryer sheets
Joined
Mar 16, 2007
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I am 32 and a chemical engineer that is on track to retire at 50. I am thinking about going back to school for Pharmacy (3 years) weekend only program so I can do this while working. The thought was that should I want to work part-time past 50 (especially if it works out I can retire sooner) this would be easier to do as a Pharmacist than a ChemE.

Anyone out there a Pharmacist? Do you like it or does it suck?

Any ChemE's with part-time jobs out there in semi-retirement?
 
I'm an analytical chemist and set to retire June 29th. I have also pondered working in a pharmacy but as a tech, not a pharmacist. If I work in my retirement it will have to be low stress. I don't think pharmacists have low stress jobs. There is a ton of responsibility with dispensing drugs. I'm a certified drug agent at my current position and the paperwork for controlled drugs is a nightmare. I assume it's the same for a pharmacist....don't want any part of that. They can cart your arse off to jail if your paperwork ain't correct.
 
From what I've read and heard, there's a definite need for pharmacists, so you shouldn't have problems finding parttime work. Personally, I'd think the biggest hazard in a retail environment would be robbery.
 
I am 32 and a chemical engineer that is on track to retire at 50. I am thinking about going back to school for Pharmacy (3 years) weekend only program so I can do this while working. The thought was that should I want to work part-time past 50 (especially if it works out I can retire sooner) this would be easier to do as a Pharmacist than a ChemE.


While you may be correct with the ease of finding part-time work, don't look at how much time/energy/money it will be to simply become a pharmacist. How much is the pharmacy school going to run? Compare that with simply investing it in an index fund for 18 years, then withdrawing 4%....and/or, trying to get a part-time job now for 3 years (instead of going to school) that will add to the stash, invested for 18 years, and so forth.
 
While you may be correct with the ease of finding part-time work, don't look at how much time/energy/money it will be to simply become a pharmacist. How much is the pharmacy school going to run? Compare that with simply investing it in an index fund for 18 years, then withdrawing 4%....and/or, trying to get a part-time job now for 3 years (instead of going to school) that will add to the stash, invested for 18 years, and so forth.

I agree...if you factor in the cost of school and training, why not start a side business....even working at home depot or the like probably would probably put you ahead with maybe a retail discount...
 
Interesting sidelight is that around here anyway many of the pharmacists at chain stores seem to be attractive young Asian women with accents.

To me it looks like an amazing easy job for very good pay. But for someone who has been an engineer, and liked it, dispensing pills could be an overwhelmingly boring way to spend the day or evening.

Ha
 
Don't Chemical Engineers make A LOT more money than Pharmacists?
 
ChemE's make a lot more than other professions (BS degree) right out of college but after 5-10 years other professions catch up or pass. I don't know what pharmacists make but if you compare the 2 on salary.com, pharmacists make about 100-105k; ChemE's about 70-80k.

If I had it to do all over again I would be a lawyer, accountant, doctor, pharmacist, just about anything else.
 
Don't Chemical Engineers make A LOT more money than Pharmacists?

It all depends on competency. There certainly is more potential to make more money as a chemical engineer. Average starting salaries with a bachelor's degree are above $50k, experienced technical management (again BS) can easily be in six figures. Advanced degrees increase these numbers by quite a bit.


To the OP:

It probably doesn't make a lot of sense to take the courses unless you seriously dislike your job as an engineer. At the age of 50, you should be at peak earnings; living a moderate lifestyle could allow you, each year, to save enough to be equivalent to multiple years of part-time pharmaceutical work.

In addition, for several years while taking courses, you have cash outflow and little free time. I think you seriously need to examine both quality of life and expected cashflows. You may find that working two extra years in your first discipline is more rewarding in both regards.

Or, of course, you could always take the engineering background and do part-time or project specific consulting work with the previous full-time employer.
 
ChemE's make a lot more than other professions (BS degree) right out of college but after 5-10 years other professions catch up or pass. I don't know what pharmacists make but if you compare the 2 on salary.com, pharmacists make about 100-105k; ChemE's about 70-80k.

I have no idea where salary.com gets the data. I don't trust their numbers.

Are you a Chemical Engineer (CE)? How long have you been working? 70-80K sounds to me like a CE with about 3 years of experience. Don't know if it's still true, but CEs used to make more money than all other engineers. I really doubt a CE would make less than a pharmacist, given the same number of experience.
 
I have no idea where salary.com gets the data. I don't trust their numbers.

Are you a Chemical Engineer (CE)? How long have you been working? 70-80K sounds to me like a CE with about 3 years of experience. Don't know if it's still true, but CEs used to make more money than all other engineers. I really doubt a CE would make less than a pharmacist, given the same number of experience.

:confused: I am seriously doing something wrong! I have 10 years experience, a Masters Degree in ChemE plus management experience. My salary is at the very low end of that range. I think I may cry.:eek:

Where are you getting your info?
 
The starting salary for a Chemical Engineer (CN, let's use the correct abbreviation) is around 56K. Engineer usually gets around 10% raise each year for the first few years. So after 3 raises, that CN should be at 74K.

Even Salary.com (which I don't really believe) list 100K for a CN IV, which I think is where you are or should be, given your years and degree.

Anyway, I have a few friends who are CNs with around 20 years of experience. Their salary is in the low to mid 100's.
 
FancyBear, I did not mean to make you feel bad. May be you should just ignore my comments. Consider them inacurate or invalid. Sorry about that.
 
:confused: I am seriously doing something wrong! I have 10 years experience, a Masters Degree in ChemE plus management experience. My salary is at the very low end of that range. I think I may cry.:eek:

Where are you getting your info?

Specific field and geographic location make a big difference, too. Someone working for an oil company in NJ is going to be making a lot more than someone on a production line in a small town in the midwest. That smaller salary may also still allow a better quality of life in a less expensive area of the country.
 
I am a pharmacist, have a few comments based on what I read on this thread.

pharmacists make about 100-105k

This depends. Hospital pharmacy is probably about that, or slightly lower. Retail (ie walgreens) folks make at least that much, and between the mandatory overtime and bonuses, etc.. $110-115k is doable. I can't comment on other subareas like industry, academia, long-term care, nuclear pharmacy, etc.

To me it looks like an amazing easy job for very good pay. But for someone who has been an engineer, and liked it, dispensing pills could be an overwhelmingly boring way to spend the day or evening.

Going to assume two things: You say that in jest, and you know nothing about the profession. In many cases, pharmacists are the only safety net preventing your doctor from killing you. In addition, we are seriously responsible for keeping a lid on drug costs.. You would not believe the number of interventions pharmacists make dozens of times a day and how much money this saves the system, as well as patient's well-being.

I am thinking about going back to school for Pharmacy (3 years) weekend only program so I can do this while working.

I can hardly believe this is possible. First, there is no such thing as a part-time pharmacy program, and since you have no choice but to be a pharmD, there are not any programs shorter than 4 years, full-time. Doublecheck your claims. Not only that, most programs require either a 4 year degree (which you are more than covered by), or a litany of science/math courses to weed out the noncontenders.

I don't think pharmacists have low stress jobs. There is a ton of responsibility with dispensing drugs. I'm a certified drug agent at my current position and the paperwork for controlled drugs is a nightmare. I assume it's the same for a pharmacist....don't want any part of that. They can cart your arse off to jail if your paperwork ain't correct.

Honestly, it depends. I've practiced in two settings, and there are many more I know little about. When you hear the word 'pharmacist', you only think of one thing.. the retail pharmacist behind the counter. There are MANY other opportunities out there with this degree. I am now an informatics pharmacist in a hospital - I deal with healthcare IT, implementing and maintaining our electronic medical record system, helping design a bedside barcode medication system, and lots more.

You are correct about the regulatory aspect - its a blinding mess, especially on the hospital side. Not so on the retail side.. there its pretty much making sure you have all the oxycontin you are supposed to. That being said, regulatory compliance is not the main cause of stress.. its the requirement to handle maddening volumes of prescriptions because the reimbursement is so crappy that you need to really crank the volume. I considered buying a pharmacy (independent) when I graduated... thank God I didn't.

Take my advice for what its worth.. I actually wouldn't recommend doing this just for money. The 4-year program is going to cost you at least $50k just for the school, and like I said - doublecheck on the full-time thing. Its pretty hard to work while attending school also. I managed half-time, working as an intern in a pharmacy, which helped a lot with staying sharp at school. I'll be honest - its a daunting program. We had many weeks with 2-3 difficult exams per week. Its a huge commitment.

I don't regret it - I am only 27, making decent money which is enabling me to invest lots for the 'early retirement' plan. I'd think long and hard before doing it - if you don't hate life every morning perhaps what you need is to do some market salary analysis and make a job move. Anyway, if you have more questions about the profession I'd be happy to answer what I can.
 
I am 32 and a chemical engineer that is on track to retire at 50. I am thinking about going back to school for Pharmacy (3 years) weekend only program so I can do this while working. The thought was that should I want to work part-time past 50 (especially if it works out I can retire sooner) this would be easier to do as a Pharmacist than a ChemE.

Anyone out there a Pharmacist? Do you like it or does it suck?

Any ChemE's with part-time jobs out there in semi-retirement?

I'm 34 and a pharmacist for 9 years. I didn't really know what being a pharmacist entailed when I started pharmacy school. (Hmmm...my first post and so far not sounding too smart.) I chose the professional because it was the fastest way to earn a doctorate, make a decent salary and work part-time later. Good thing I like being a pharmacist. People are generally very nice to you. Is it easy to find a part-time job. No shortage there. I could probably work 16hrs/wk forever as long as my health is good.

I can only speak for the retail pharmacy setting. The average salary is $120,000/year in Southern CA not including bonuses or overtime. What sucks about being a pharmacist is the schedule. It's all over the place. Weekends, evenings, holidays - no 9-5 unless you're really lucky. The hefty student loans suck too. $20,000/year for 4 years for tuition alone. But sometimes I can't believe I get paid my salary to do what I do.

When someone tells me they want to go into pharmacy I always ask "Are you suuuure:confused:" The salary is good but there's a lot more to pharmacy than most people think.

I searched the internet and there is a weekend doctor of pharmacy program in PA. It's probably the same one you're referring to since it's the only weekend program available. That must be so intense. I can't imagine. You meet on-site on weekends. It mentions distance learning technologies. Does that mean online courses during the weekday? Third year is dedicated to rotations during the week. I'm sure that's every weekday 8 hours a day. How will you manage that? And you'll probably need to do an internship during school. But before you can even apply, you'll have to complete the pre-requisites. I'm not sure I would change from a chemical engineer to a pharmacist just to be able to work part-time later. It would be different if you didn't have a good job and you wanted to go into pharmacy. There must be a way to work part-time as a chemical engineer without undergoing such a drastic change. Especially if you're on track to retire at 50. How many years would it shave off if things work out?

Funny thought: when I first started investing I thought I should have been an engineer because I could make a decent salary right out of college, start my early retirement fund earlier and not be held back by so much student loans.
 
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Going to assume two things: You say that in jest, and you know nothing about the profession. In many cases, pharmacists are the only safety net preventing your doctor from killing you. In addition, we are seriously responsible for keeping a lid on drug costs.. You would not believe the number of interventions pharmacists make dozens of times a day and how much money this saves the system, as well as patient's well-being.

No, I know what I need to know about pharmacy to say that it appears to be overwhelmingly boring; and I did not say it in jest. Remember I didn't say it would likely be boring to anyone, only to an engineer or similar person who had experienced a more creative design-oriented job.

Realize that this does not disrespect how important pharmacy may be or what immense social contributions pharmacists might make.

Bus drivers also hold people's lives in their hands but many of us might find this to be a boring job. I was a life guard and I had all day responsibility for people’s lives. It required constant wearing attention. Still it was really boring.

Ha
 
I'm 34 and a pharmacist for 9 years.

Welcome seasurf - I'm just curious about this profession. Maybe you could fill me in?

If the pay is good, but the schedules suck - couldn't someone offer to work for a lower wage for better hours?

But sometimes I can't believe I get paid my salary to do what I do.
That kind of statement always makes we wonder if there is a future to this career. At some point, won't businesses be wondering the same thing? I'm ignorant about what the job actually involves, but it seems to me much of it can be (should be? Is being?) computerized. Can the job be done by a person with less education, but supplemented with a computer program/database/crosschecks and maybe an actual pharmacist available for consultation (by phone, on-line conference, or one for ten subordinates?)?

When someone tells me they want to go into pharmacy I always ask "Are you suuuure:confused:" The salary is good but there's a lot more to pharmacy than most people think.
So, what is involved - I admit I don't understand it. Is it something you can summarize in a post? My impression is that the training is to watch for drug interactions, verify that the med and dosage seems appropriate - those two things I would actually prefer to trust to a well designed computer system than to a variety of humans, some of which may not be fully 'on-task' on a particular day. There is probably much more to it that I just don't know about.

To the OP - wow, this seems like a lot of work for the chance to gain some flexibility in retirement. Giving up weekends now might not be a good trade-off, quality of life-wise. I'd think long/hard about it. There must be part-time/consulting gigs for Chem Engineers? It might be a lot less effort to work on establishing those connections than to study for a different career - just a thought.

-ERD50
 
I am a ChE (somebody calls us 'CNs':confused:) with over 30 years experience. I have been a manager (don't like it) and prefer to be purely technical in design. I can get away with that these days.

These days, I am a contractor working for an engineering company in Canada, making about $170k US, but I pay high taxes and have high expenses as I have to work far away from home. I could make more if I incorporated but there would be more paperwork and more expenses and I like things simple. If I went staff, I personally could make about $120k tops. In this business we have limited choices of where to work in the world. I would have to go to Houston to make that kind of $ in the US and we don't want to do that right now. It is an on-and-off business and subject to booms and busts. I was once out of work for 5 months straight. I can generally find work when no-one else can because I network like crazy, have wide experience and a willingness to go places others don't want to go. I have enjoyed the travel, the stimulating work and the people (with a few notable exceptions). I am also away from home a lot. The big money is probably working for an oil company but I haven't found one yet that wasn't full of major a**holes and I am too old to put up with that.

I think pharmacy would be a much more stable career. It looks like you can live and work just about anywhere in the country and stay as long as you like.

This is just my experience. YMMV. By the way, my son says that having seen how I have to live and work, he has no interest in this business.

Now you know why I sign myself...

Gypsy
 
Welcome seasurf - I'm just curious about this profession. Maybe you could fill me in?

Thank you. I’ll be happy to share my thoughts.

If the pay is good, but the schedules suck - couldn't someone offer to work for a lower wage for better hours?

If you work for the county, state, fed then you could get better hours for lower wages. About 30% less. I would rather work 30% less.

That kind of statement always makes we wonder if there is a future to this career. At some point, won't businesses be wondering the same thing?

Yes, the operational cost of a pharmacy is high. Staffing is very lean. Some places do not profit much from the prescription sales but they want you to come in and buy their other merchandise ala Target. Or get member premiums ala HMOs. For now the baby boomers and the increasing number of new drugs hitting the market are keeping everyone employed. Also if it wasn’t required by law to give an oral consultation for each new prescription or when there's a change in an existing prescription, then we wouldn’t need as many pharmacists.

I'm ignorant about what the job actually involves, but it seems to me much of it can be (should be? Is being?) computerized. Can the job be done by a person with less education, but supplemented with a computer program/database/crosschecks and maybe an actual pharmacist available for consultation (by phone, on-line conference, or one for ten subordinates?)?

The profession used to be focused on the preparation and dispensing of medications. We now have most of those things computerized and automated so our scope of practice has shifted to one that involves more patient care. Like speaking with patients about their medications and illnesses instead of hiding behind the counter. Thus there is a move toward MORE education. Oooo, I would love a one for ten ratio. I’m lucky to get one assistant and one technician.

So, what is involved - I admit I don't understand it. Is it something you can summarize in a post? My impression is that the training is to watch for drug interactions, verify that the med and dosage seems appropriate - those two things I would actually prefer to trust to a well designed computer system than to a variety of humans, some of which may not be fully 'on-task' on a particular day. There is probably much more to it that I just don't know about.

The computer system does assist in those areas and thank goodness for that. Our training is also supposed to enable us to discuss possible side effects, what to do if you miss a dose, what food, drinks, activities to avoid while on a medication, and other helpful things. Unfortunately, in the retail setting, a lot of time is spent dealing with insurance problems and non-formulary drugs. You’re always on speaker phone with the doctor’s office or on hold for an insurance company all the while trying to crank out as many prescriptions as safely as possible. A 15 minute wait just turned into a one hour wait. People no like and get angry! I’m a pretty patient person and understand they get frustrated. So retail suits me fine. There are so many other areas in pharmacy available to fit any personality – hospitals, computers, finance, drug education, academia, industry, ambulatory care, home health to name several. About 60% work in retail.

BTW, those were good questions.
 
FancyBear,

I'll bet your life has been a lot more stable than mine. That is important. Furthermore, I'll bet you have worked in the same place for ten years. That means 401k and pension. At 65, I will get a grand total of $400/month in defined-benefit pensions. Count your blessings, LBYM, save like crazy, invest wisely and FIRE.

In order to make the big bux in our profession, one generally has to change jobs. This is high-risk and gets old quickly.

All the best,

Gypsy
 
Thank you. I’ll be happy to share my thoughts.

Thanks for the insights, interesting. I suppose some of this came about as a sort of checks-balances between prescribing doctors and the actual distributing of the meds. A good system could help catch unethical doctors and fake 'scripts.

I admit, I get a bit annoyed when it takes an hour to get a routine script filled, but I suppose some amount of this oversight is necessary. And while I can see the need to talk to the patient, well, I've already talked with the doctor, and I am going to read the label and info, so it seems a bit of a waste to tie a professional up with telling me a third time, but I'm sure some people need that coaching. Better that I get a bit annoyed than someone else gets hurt.

I suppose if there is any significant health insurance cost reforms, there might be more automation placed here that could make more effective use of a pharmacist's time (like a secure network between the doctor and the pharmacy, and some electronic ID for the patient to make sure it all matches up w/o a lot of human intervention).

Thanks again, I actually do know some pharmacists personally, but I feel a bit awkward asking some of these questions of them. It's a little like asking a retiree - 'what do you doooooo all day'? ;)

One question I did ask of one though - 'what about those sloppily written prescriptions?' - I was a bit shocked to hear the response: 'Well, we know the common drugs and dosages, if it looks out of the ordinary, we call the doctor'! Wow, that struck me as an awful laid back and inefficient process! In other industries, I've seen much less critical processes barcoded and made secure just to avoid a costly (but not even near life threatening) error. It seemed odd to me that sloppily hand written slips of paper are still the norm in this day and age.

-ERD50
 
Pharmacists fresh out of pharmacy school in WI are starting at $90,000 plus a guaranteed bonus when you hit one year, usually around $10,000-$15,000.

I don't know any pharmacists with 3 or more years of experience making LESS than $125,000 a year.

Also, they frequently get "signing bonuses" of up to $20,000 to move from one big chain to another...........:eek::eek::eek:
 
Pharmacists fresh out of pharmacy school in WI are starting at $90,000 plus a guaranteed bonus when you hit one year, usually around $10,000-$15,000.

Is this in exchange for a normal 40-hour work week?
 
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