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Most fellowships are two years. Some are one year, but these are mostly offered by non-academic programs. The lifestyle is good unless you're on call and there are traumas. The average oculoplastic surgeon can make over $250,000-300,000 per year. Fellowship is extremely competitive because the number of spots are few. Iowa, for example, accepts one fellow every other year.
The following description is copied from the EyeMD website:
http://www.eyemdlink.com/EyeProcedure.asp?EyeProcedureID=4
Oculoplastic procedures refer to a large variety of surgical procedures that deal with the orbit (eye socket), eyelids, tear ducts, and the face. These procedures include repair of droopy eyelids, repair of tear duct obstructions, orbital fracture repairs, removal of tumors in and around the eyes, and facial rejuvenation procedures including laser skin resurfacing, eye lifts, brow lifts, and even facelifts.
Oculoplastic procedures frequently have both functional and aesthetic purposes. For example, blepharoplasty, a procedure for excessive and droopy eyelid skin, may improve peripheral vision as well as facial beauty and rejuvenation. Repair of tear duct obstructions prevents tears from running out of the eyes and down the face, in some cases without even an incision. Repair of traumatic orbital fractures may prevent double vision as well as a sunken eye appearance. Droopy eyebrows are being raised through tiny incisions hidden in the hairline. Laser skin resurfacing is resolving facial wrinkles, acne scars, and the usual signs of aging and sun-damage resulting in a more natural, youthful appearance. The list goes on.
The great majority of these procedures are performed by oculoplastic surgeons. The oculoplastic surgeon, trained first as an ophthalmologist, and secondly as an oculoplastic specialist, has immense skill and training to deal with all of the complex ramifications of eyelid, orbital, tear duct, and facial plastics procedures. However, some of the above mentioned procedures are performed in an extremely competent manner by general ophthalmologists and other ophthalmology sub-specialists. Don't hesitate to discuss with your ophthalmologist his or her training and experience with any given procedure. It is our firm belief that most of the above mentioned procedures are best handled by ophthalmologists and, specifically, oculoplastic surgeons.
PROCEDURES:
Blepharoplasty (Eyelift)
Laser Skin Resurfacing
Ultrapeel Microdermabrasion
Ptosis Repair for Droopy Eyelid
Endoscopic Foreead and Browlift
Face Lift (Rhytidectomy)
Botox Injections
DCR (Dacryocystorhinostomy) for Tearing
Ectropion Repair
Entropion Repair
Orbital Reconstruction / Ocular Prosthetics (False Eyes)
Orbital Decompression for Grave's Disease
Liposuction of the Face and Neck
Treatment of Eyelid Skin Cancers