What you will be getting is an advanced degree in pharmacy but not a LICENSE to practice. With your advanced degree you can work in research or a lab or something similar, but you can never dispense medications to patients.
I am a licensed pharmacist in NY State, got my license years ago when FPGEE was not required in some states (took the licensing exams but not fpgee). Well, in order to practice in most other states I also have to pass the FPGEE if I ever want to move anywhere out of NY State since now that is the law in all the states. They don't care that I already have a license in one state and am already a licensed pharmacist - I still have to pass it !
So..If you ever want to practice pharmacy as a pharmacist - you have to get the license, period. You start with getting the FPGEC.