IPSF Team consists of IPSF Executive Committee, Advisory Board, Regional Working Groups, Coordinators and Committee members. IPSF Executive Committee represents the Federation, advance the goals and manage the affairs of the Federation in accordance with the provisions of the Constitution and decisions taken by the General Assembly. The five Regional Offices are a functional extension of the Executive structured by elected pharmacy students from IPSF member organisations of each respective region, forming Regional Working Group. IPSF Coordinators and Committee members work in different portfolios lead by Executive Committee members and are helping with tasks for the development of the Federation. Advisory Board is an independent body which consists of three to five members and are usually chaired by Immediate Past President.

Members of the Team are accountable to IPSF General Assembly, supreme decision-making body of the Federation, which consist of representatives from all IPSF member organizations.