European Health Economics & Management | Master

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Short Facts
  • Time model & language: Full-time | Englisch
  • Duration of study: 4 Semester | 120 ECTS
  • Prerequisites: University bachelor’s degree (including a specialization/major), Motivation letter, Internationally recognized English language proficiency test
  • Academic Degree:
    In Austria: Master of Arts
    In the Netherlands: Master of Science
    In Italy: Laurea Magistrale
    In Norway: Master of Philosophy
  • Next starting date: Fall 2018
    Application: eu-hem.eu

Before studying

As a commencing student you may have many questions: What does the desired course of studies teach me? How do I apply? What are the requirements for admission to studying at MCI, and what is the application deadline? What are my career options after graduation? Below you will find all the answers and information you may need.

Overview

Student and lecturer looking towards a third person

European Health Economics & Management primarily targets graduate students aiming to contribute to the development of the health care sector.

The European Health Economics & Management (Eu-HEM) Master’s degree offered by Management Center Innsbruck, the Universities of Bologna and Oslo, as well as Erasmus University Rotterdam, equips students with everything they need for a career in an international environment. The program was introduced in 2012 and, already in 2015, attained accreditation as well as quality assessment by respective bodies in Austria, the Netherlands, Italy, and Norway. In 2017, the Eu-HEM program was recognized as Erasmus Mundus Joint Master Degree by the European Commission. All four members of the consortium thus, recognize the joint degree and joint diploma awarded upon completion of the program.

Another distinct feature of the European Master’s is its provision of altogether six areas of specialization available to students from the second semester: Management of Healthcare Institutions, Economic Evaluation in Healthcare, Health Economics, Decision Making in Healthcare, Global Health, and Healthcare Finance and Management.

The program is based on blended learning. Consequently, it combines online modules with on-campus classes. On the one hand, this guarantees a large degree of flexibility and, on the other hand, it provides plenty of opportunity for interaction with teachers and fellow students.

European Health Economics & Management primarily targets graduate students aiming to contribute to the development of the health care sector. Completion of this course enables them to assume managerial positions in health care institutions, pharmaceutical companies, international organizations, and many more institutions related to the field.

 

Contact
Siegfried Walch
Prof. Dr. Siegfried Walch Head of Department & Studies +43 512 2070 - 3700

If you have any questions concerning the study program, please contact us at: This email address is being protected from spambots. You need JavaScript enabled to view it., Tel:+43 512 2070-3728


Links & Downloads
Consultancy situation between MCI staff and future student

Admission

All details on the admission process can be found here: eu-hem.eu

  • University bachelor’s degree (including a specialization/major)
  • Motivation letter
  • Internationally recognized English language proficiency test

Students and lecturer discussing, sitting in a circle

While studying

MCI study programs stand out due to the quality of their content, relevance to the business world, and their international orientation. The close cooperation with partners from  industry and integrative internships enable students to gain practical experience as early as in their Bachelor’s studies. In addition to providing expert knowledge, MCI places great importance on encouraging personal development and the development of social and intercultural competencies.

European Health Economics & Management

Facts

Time model & language
Full-time | Englisch
Academic year
Winter semester: from September – January
Summer semester: from March – June
Structure
1st semester: Fundamental courses
2nd semester: Specialization at the University of Oslo
3rd semester: Specialization at the Managment Center Innsbruck
4th semester: Thesis
Specialization
1. Management of Healthcare Institutions
2. Economic Evaluation in Healthcare
3. Health Economics (Research Track)
4. Decision Making in Healthcare
5. Global Health
6. Healthcare Finance and Management
Tuition fees
Information on tuition fees can be found here: http://eu-hem.eu/ad-4/

Module overview

Subject%
Fundamental courses 25%
Specialization 25%
Specialization 25%
Master thesis 25%

Curriculum

 1234
Harmonized first semester courses (MCI or partner university)        
Fundamentals of Management 5 | 5      
Research Methods Introductory Project 2 | 5      
Fundamentals in Health Economics 4 | 5      
Principles of Legal Thinking in European and International Law 4 | 5      
Fundamentals of Health Care Systems 4 | 5      
Current Issues in Health Policy 5 | 5      
Regulation in Healthcare Markets (University of Bologna)        
Accounting in Healthcare   5    
Management Systems in Healthcare   5    
Regulation in Healthcare Markets   5    
Law & Economics of Healthcare Insurance Markets   5    
The Economics of Human Resource Management in Healthcare Organization   5*    
Health Services Research   5*    
Workshop: The labor market for EU-HEM students   5**    
Internship   5**    
Leadership and Decision Making (MCI)        
Regulation & Competition in Health Care Markets     4 | 5  
Law & Public Health Practice     4 | 5  
Ethical Decision Making     5 | 5  
Health Promotion & Preventive Medicine     4 | 5  
Real Life Simulation - Methods     3 | 5  
Real Life Simulation - Practice     2 | 5  
Master Thesis (Innsbruck or Bologna)        
Master Thesis in the field of Healthcare Finance & Management        | 30

* Choose one elective course
** Choose one professional skills enhancing activity


Semester Credit Units| ECTS-Credits

 1234
Harmonized first semester courses (MCI or partner university)        
Fundamentals of Management 5 | 5      
Research Methods Introductory Project 2 | 5      
Fundamentals in Health Economics 4 | 5      
Principles of Legal Thinking in European and International Law 4 | 5      
Fundamentals of Health Care Systems 4 | 5      
Current Issues in Health Policy 5 | 5      
HTA (Erasmus University Rotterdam)        
Health Services Innovation   5    
Pharmaceutical Pricing and Market Access   5    
The Pharmaceutical Market   5    
Health Technology Assessment   5    
Participating in HTA Research   5    
Advanced Economic Evaluation   5*    
Health, Economic Development & Policy   5*    
Global Health Economics   5*    
Evaluation (University of Oslo)        
Methods for Estimating the Effects of Interventions     5  
Modeling in economic evaluation II     5  
Valuing health     10**  
Decision making under risk and uncertainty     10**  
Non-parametric methods     10**  
Topics in Economic Evaluation.     10**  
Topics in health economics II     5**  
Topics in finance     5**  
Labor Market Regulation     5**  
Topics in health law     5**  
Internship     5**  
Topics in priority settings     5**  
Management in practice     5**  
Integrated care models     5**  
Evidence based policy formulation     5**  
Research Design     5**  
Topics in statistics     5**  
Research Design     5***  
Internship     5***  
Management in Practice     5***  
Master Thesis (Rotterdam or Oslo)        
Master Thesis in the field of Economic Evaluation in Health Care       | 30

* Choose 1 elective course
** Choose 2 elective courses
*** Choose on professional skills enhancing activity


Semester Credit Units| ECTS-Credits

 1234
Harmonized first semester courses (MCI or partner university)        
Fundamentals of Management 5 | 5      
Research Methods Introductory Project 2 | 5      
Fundamentals in Health Economics 4 | 5      
Principles of Legal Thinking in European and International Law 4 | 5      
Fundamentals of Health Care Systems 4 | 5      
Current Issues in Health Policy 5 | 5      
Management of Health Care Institutions (University of Oslo)        
Finance   5    
Investments   5    
Leadership and management   5    
Cost accounting   5    
Health organization development and design   5*    
Budgeting   5*    
Qualitative methods   5*    
Demand for health and health  insurance   5*    
Paying providers of healthcare   5*    
Optimal regulation   5*    
Topics in health economics   5*    
Cost and efficiency analyses of health care providers   5*    
Need analyses and formula funding   5*    
Fundamentals of economic evaluation in health care   5*    
Modeling in economic evaluation I   5*    
Internship   5*    
Topics in Health Policy   5*    
Linear regression analyses   5*    
Leadership and Decision Making (MCI)        
Regulation & Competition in Health Care Markets     4 | 5  
Law & Public Health Practice     4 | 5  
Ethical Decision Making     5 | 5  
Health Promotion & Preventive Medicine     4 | 5  
Real Life Simulation - Methods     3 | 5  
Real Life Simulation - Practice    

2 | 5**

 
Internship     2 | 5**  
Master Thesis (Innsbruck or Oslo)        
Master Thesis in the field of Economic Evaluation in Health Care       | 30

*Choose 1 elective course
**Choose on professional skills enhancing activity


Semester Credit Units| ECTS-Credits

 1234
Harmonized first semester courses (MCI or partner university)        
Fundamentals of Management 5 | 5      
Research Methods Introductory Project 2 | 5      
Fundamentals in Health Economics 4 | 5      
Principles of Legal Thinking in European and International Law 4 | 5      
Fundamentals of Health Care Systems 4 | 5      
Current Issues in Health Policy 5 | 5      
HTA (Erasmus Universtiy Rotterdam)        
Health Services Innovation   5    
Pharmaceutical Pricing and Market Access   5    
The Pharmaceutical Market   5    
Health Technology Assessment   5    
Participating in HTA Research   5    
Advanced Economic Evaluation   5*    
Health, Economic Development & Policy   5*    
Global Health Economics   5*    
Leadership and Decision Making (MCI)        
Regulation & Competition in Health Care Markets     4 | 5  
Law & Public Health Practice     4 | 5  
Ethical Decision Making     5 | 5  
Health Promotion & Preventive Medicine     4 | 5  
Real Life Simulation - Methods     3 | 5  
Real Life Simulation - Practice     2 | 5**  
Internship     2 | 5**  
Master Thesis (Innsbruck or Rotterdam)        
Master Thesis in the field of Economic Evaluation in Health Care       | 30

*Choose 1 elective course
**Choose on professional skills enhancing activity
***Choose on professional skills enhancing activity


Semester Credit Units| ECTS-Credits

 1234
Harmonized first semester courses (MCI or partner university)        
Fundamentals of Management 5 | 5      
Research Methods Introductory Project 2 | 5      
Fundamentals in Health Economics 4 | 5      
Principles of Legal Thinking in European and International Law 4 | 5      
Fundamentals of Health Care Systems 4 | 5      
Current Issues in Health Policy 5 | 5      
Global Health (Erasmus Universtiy Rotterdam)        
Health Services Innovation   5    
Health Technology Assessment   5    
Participating in HTA Research   5    
Health, Economic Development & Policy   5    
Global Health Economics   5    
Advanced Economic Evaluation   5*    
Pharmaceutical Pricing and Market Access   5*    
The Pharmaceutical Market   5*    
Evaluation of Policies (University of Bologna)        
Planning and evaluation of health promotion programs     5  
Legal issues in Pharmaceutical Markets     5  
Health Econometrics     15*  
Lifestyles and Health Outcomes     15*  
Economics of the Biopharmaceutical Industry     15*  
Health Economics & Policy in Low and Middle Income Countries     15*  
Workshop: Building empirical case studies in health economics     5**  
Internship     5**  
Master Thesis (Bologna or Rotterdam)        
Master Thesis in the field of Economic Evaluation in Health Care       | 30

*Choose 1 elective course
**Choose 3 elective courses
***Choose on professional skills enhancing activity


Semester Credit Units| ECTS-Credits

 1234
Harmonized first semester courses (MCI or partner university)        
Fundamentals of Management 5 | 5      
Research Methods Introductory Project 2 | 5      
Fundamentals in Health Economics 4 | 5      
Principles of Legal Thinking in European and International Law 4 | 5      
Fundamentals of Health Care Systems 4 | 5      
Current Issues in Health Policy 5 | 5      
Health Economics (Universtiy of Oslo)        
Demand for health and health insurance   5    
Paying providers of healthcare   5    
Optimal regulation   5    
Cost and efficiency analyses of health care providers   5    
Topics in health economics   5*    
Need analyses and formula funding   5*    
Linear regression analyses   5*    
Fundamentals of economic evaluation in health care   5*    
Modeling in economic evaluation I   5*    
Finance   5*    
Investments   5*    
Cost accounting   5*    
Budgeting   5*    
Topics in Health Policy   5*    
Leadership and management   5*    
Health organization development and design   5*    
Internship   5*    
Qualitative methods   5*    
Evaluation of Policies (University of Bologna)        
Planning and evaluation of health promotion programs     5  
Lifestyles and Health Outcomes     5  
Legal issues in Pharmaceutical Markets     5  
Health Econometrics     10**  
Economics of the Biopharmaceutical Industry     10**  
Health Economics & Policy in Low and Middle Income Countries     10**  
Workshop: Building empirical case studies in health economics     5***  
Internship     5***  
Master Thesis (Bologna or Oslo)        
Master Thesis in the field of Economic Evaluation in Health Care       | 30

*Choose 1 elective course
**Choose 2 elective courses
***Choose on professional skills enhancing activity


Semester Credit Units| ECTS-Credits

  • managing relations with public administrations, regulatory authorities and international organizations;
  • fulfilling administrative duties that require economic reasoning, management skills and legal competencies;
  • addressing executive duties in insurance and pharmaceutical companies, large hospitals and third payer institutions;
  • providing consultancy and economic advising in health related policies;
  • supporting strategic analysis and decision-making in health care markets;
  • evaluating health promotion programs and public interventions in the health care markets;
  • developing research projects and activities in the health economic and management fields;

Learning Goals

In order to ensure the transfer of learning and enable students to further develop competencies leading to clear profiles for their future careers, the MCI has formulated detailed cross-curricular learning goals.

Our graduates are effective communicators in their field of work.

Our students can discuss problems, ideas, and solutions with specialists and non-specialists.

Our graduates are competent in applying scientific methods to solve practical problems.

Our students can apply relevant theories and appropriate scientific methods in their field of work.

Our students can act according to ethical principles when doing scientific work.

Learning Goals Health Economics & Management

Our graduates have acquired knowledge and skills relevant for leading positions in the field of Health Economics and Management in an European context.

Students understand current challenges in the social and health sector and are able to address them from different European perspectives.

Studying abroad

Another core feature of the Eu-HEM program is its international orientation: it provides its students with the opportunity to spend each semester at a different institution, where a minimum of two institutions have to be attended in the course of the study program. The international perspective of the degree program is also reflected in its lecturers and students, who come from all over the world.

Summer/ Winter School

What  is unique about the program is that it includes both a summer and winter school attended by teachers and students of all four partners.

Mentoring

The second year of the study program offers the opportunity to participate in an optional mentoring program. The goal is to provide the students who are in their last year of study with coaching and support, thus creating a transitional phase between study and professional life. 

As part of the mentoring program, students will be able to get in touch with faculty and practice partners, who will then assist them in finding potential research topics for the Master's thesis and employment opportunities.

After studying

Students completing the European Master in Health Economics and Management earn the master degree “European Master in Health Economics and Management” that is equivalent to the master degree in the countries of the partner universities as follows:

  • Austria: Master of Arts in Business (MA)
  • Italy: Laurea Magistrale in Economia e Politica Economica
  • Norway: Master of Philosophy in Health Economics, Policy & Management
  • Netherlands: Master of Science in Health Economics, Policy & Law (MSc)
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