Your International Health Economics and Pharmacoeconomics (M.Sc.) Master’s program
The Master’s program in International Health Economics and Pharmacoeconomics (M.Sc.) qualifies you for higher positions in research and education as well as in the public and private sector. More than three quarters of your fellow student come from abroad – and this very much leaves its mark on the course. Here, you will develop a set of skills that will equip you for the global challenges expected to face a graduate of health economics. Alongside internationality and interdisciplinarity, this program includes a large practical component.
Career prospects with your study program
After your successful graduation in the Master’s program in International Health Economics and Pharmacoeconomics (M.Sc.), you will have a comprehensive expertise in pharmacoeconomics and health economics as well as large methodological and strategic capabilities. This will open up many promising career prospects for you!
As a graduate in the Master’s study program in International Health Economics and Pharmacoeconomics (M.Sc.), your potential future positions include:
- Health economics specialist: Prepare cost-benefit analyses, develop studies, and formulate draft healthcare policies.
- International market access manager: Prepare market strategies for various countries and operate at the interface between global market access and local market access.
- Pricing manager: Set pricing for drugs and medical devices, monitor competitors, and take account of regional market conditions and legislation.
- Payer relations manager: Determine a product’s added value and defend it against different market players.
- Regulatory affairs expert: Assume responsibility for all regulatory matters.
Your study program in detail
Become an expert in licensing processes and pricing, gain the necessary qualifications for more senior roles at public authorities, institutes, or companies in the industry: In this Master’s program, you will not only acquire skills to meet the international requirements for qualified health economists but also familiarize yourself with healthcare systems from many cultural areas, and benefit from an intensive exchange of ideas with your fellow students.
You will learn to understand and analyze industry processes from an economic perspective. We will teach you methods such as statistics and cost-benefit analysis. As a graduate, you will be aware of how healthcare systems are established and funded, which political and regulatory factors play a role in the licensing of new drugs and medical devices, and how pricing structures work.
The Master’s program runs for two years, with an internship in the third semester. Program content at a glance:
- Economics and Pharmacoeconomics
- Research and Statistical Skills
- Global Health Product Development and Regulations
- Economic Evaluation and Modeling Techniques
- Ethical Resource Allocation
- Healthcare Systems and Health Policy
- Strategic Management, Market Strategies, and Market Access
- International HTA Processes, Pricing, and Reimbursement
In addition to internationality and interdisciplinarity, the Master’s program in International Health Economics and Pharmacoeconomics (M.Sc.) is characterized by its high level of practical content: Your four-month internship with a company or institution of your choice brings you into direct contact with day-to-day practice. You have plenty of time and opportunities to experience strategic processes and decision-making at first hand. About 80 percent of our students also complete their Master’s thesis at their chosen company or institution.
All the knowledge and skills you acquire in your classes have practical relevance and can be applied to everyday working life. Throughout your studies you write numerous semester papers, a project report, and a Master’s thesis. These are not just for research purposes but also deal with topics highly relevant to the healthcare industry.
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Your way to Hochschule Fresenius
To be admitted to the Master’ study program in International Health Economics and Pharmacoeconomics (M.Sc.) at Hochschule Fresenius, you need to fulfil the following admission requirements:
You must be able to provide evidence of an academic degree equivalent to 180 credit points.
Your first degree should demonstrate a background in the natural sciences, for example pharmacy, medicine, chemistry, biology, or nutrition. Degrees in health economics, economics, medical technology, mathematics, or statistics will also be accepted. To be admitted, you must also submit a statement of motivation.
Your English language skills must be equivalent to Level B2 of the European Framework of Reference for Languages.
You haven’t completed your Bachelor’s degree yet? At Hochschule Fresenius, you can start your Master’s program and finish your Bachelor’s program at the same time, provided you have attained at least 80 percent of the credit points by the time of enrolment. In addition, Bachelor’s students at Hochschule Fresenius will only pay the monthly Master’s tuition fees when starting the Master’s program.