Clinical Pharmacists are dependent on assessment tools to evaluate the competency skills of student interns. This study aims to examine the perception of Clinical Pharmacists towards the standardization of competency assessment tools in the Philippines. A descriptive cross-sectional study was conducted among 115 clinical pharmacists from 5 urban areas using a 20-item selfadministered questionnaire through online survey. Results showed that 25% of the preceptors had used assessment tools from their respective hospitals, whereas 62.5% used university rubrics. Respondents mentioned that students were assessed using Multiple Choice Questions (MCQ)(69.2%), Clinical Presentations (74.4%), Oral Examinations (59%), Patient Management Problem (48.7%), Directly Observed Short and Long Cases (46.2%), Short Essay Questions (43.6%), OSCE (33.3%) and OSPE (10.3%). Respondents believed that actual competency assessment tools for student evaluation were necessary (89.7%), with actual clinical competencies clearly identified for proper assessment (87.2%) and engagement at first year level (71.8%) incorporated in the curriculum. The majority (94.7%) believed in the role of partnership between hospitals and universities in the assessment of students’ clinical skills. Most of respondents (81.6%) believed that competency guidelines for clinical pharmacists in the Philippines should be developed. The development and standardization of clinical competency assessments early in the clinical pharmacy curriculum is important in the students’ actual future clinical practice.