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Master of Science

Master Health Economics

Photo: Dustin Preick

If you’re already studying Health Economics and would like to find out more about specific details of your master programme, you’ll find what you’re looking for on the Master in Health Economics Programme Structure pages.

In addition to economics and management issues in healthcare, the M.Sc. in Health Economics covers social policy aspects and relevant medical questions with regard to patient safety, medical ethics and biostatistics. Students also have the opportunity to take a more indepth look at specific areas of business management, such as corporate and HR developement, supply chain management and market research.

In a nutshell

  • Standard period of study: 4 semesters, full-time
  • Scope: 120 ECTS
  • Start: Fall term
  • Degree title: Master of Science (M.Sc.)
  • Language: German and English; Double Master's Programme: English
  • Fees: Only social fee (approx. 280€ per semester including ticket for public transport, see here for more information)
  • Application Deadline: 20 August 2020 (please note the differing deadlines for the Double Master's Programme)

Key Issues

  • Discover the key national and international players in healthcare
  • Analyse illnesses that play a significant role in health economics and assess how appropriate healthcare management might help to tackle them 
  • Find out which aspects of evidence-based medicine are crucial when deciding on a therapy
  • Evaluate health policy measures and ethical implications of structures and courses of action
  • Learn which factors are relevant when assessinf conclusions and evaluating methodological designs in the context of clinical studies
  • Take your next step up the career leader to senior position in any of a wide range of healthcare system institutions

Career Opportunities

In terms of job prospects, Cologne is an interesting location for students of the health economy. Many hospitals, wellknown pharmaceutical companies, insurance and consulting firms are located in Cologne and the surrounding region. We help you forge ties with our partners even before you have completed the programme. Upon graduation from the interdisciplinary Master in Health Economics programme, you will be ideally prepared to work in a public and private healthcare institutions. You will be able to take a step up the career ladder to a senior position in any of a wide range of healthcare system institutions. Your work will include tasks in the field of management, administration or in associations as well as health policy management institutions. Further professional prospects for graduates of this interdisciplinary programme include activities in academic teaching and health, as well as health policy research.

Our alumni report about their experiences after their studies. Read their interviews here.

Apply Expertise

The teaching at our faculty has benefited from many years of experience in working with companies and visiting lecturers from diffferent professional fields. Many ot the visiting lecturers are professionals and managers of the pharmaceutical and medical industry who brin important experience to the programmes, resulting in sector-specific, up-to-date programme content for our students. This ensures that the programme refelcts the real world by combining the practice and the theory, whilst also promoting knowledge-sharing between you and companies.

Some examples of the questions Health Economics students look at:

  • Who are the key national and international players in healthcare?
  • What illnesses are significant in terms of health economics and how can appropriate healthcare management help to tackle them?
  • What aspects of evidence-based medicine are of crucial significance when deciding on a therapy?
  • How can health policy measures be assessed?
  • How can the ethical implications of structures and courses of action be assessed?
  • What aspects are relevant in the assessment of conclusions and the evaluation of methodological designs in the context of clinical studies?

Practical Experience

The teaching at our faculty has benefited from many years of experience in working with companies and visiting lecturers from different professional fields. Many of the visiting lecturers are professionals and managers of the pharmaceutical and medical industry who bring important experience to the programmes, resulting in sector-specific, up-to-date programme content for our students. This ensures that the programmes reflect the real world by combining the practice and the theory, whilst also promoting knowledge-sharing between you and companies.

A selection of corporate partners can be found on the department's website.

Ludwig Kuntz

Health economics is a pioneering field, bringing together the perspectives of different stakeholders from the realms of management, medicine and policy making.

Ludwig Kuntz, Professor and Director of the Department of Business Administration and Health Care Management

Double Degree Option

In addition to our standard master programme, students have the option to take the Double Master’s Programme in Health Economics and Management in cooperation with Maastricht
University. Students on this international study programme spend one year at the WiSo Faculty and one year at the partner university. After successful completion of the programme, you awarded two degrees.

International

Most of our courses offered in English language. We maintain cooperation with a variety of international partner universities throughout the world, so it easy for you to go a semester abroad. Or take part in one of our study tours or other short programmes such as "WiSo@NYC". More information and offers can be found at international.wiso.uni-koeln.de.

 

Information on the application

Programme structure

Standard period of study: 4 semesters, full-time | Start: fall term | Degree title: Master of Science
The master's programe carries 120 ECTS credits and compromises a Core and Advanced Section, a Specialisation Section, a Supplementary Section and a Master Thesis.

The Core and Advanced Section of the master's programme Health Economics contains 48 credit points. This area covers the basics of health economics.

The Specialisation Section, where students altogether complete 30 credit points, includes seminars as well as specialisation modules in health economics and medicine.

In the Supplementary Section, at least one module from economics and/or sociology has to be completed. Furthermore, to accomplish the required 18 credit points within this section, further modules from business administration and/or medicine have to be completed.

Detailed information concerning the curricular design is available on our homepage on the Programme Structure pages. Especially at the beginning of your studies, individual consultations will help to make the right choices over the course of the programme.