Programme structure

The European Master in Health Economics and Management is a full time programme. The programme is organised into mandatory?and elective courses.

New programme stucture starting 2026

From autumn 2026 you will have a choice of selecting between four different?specialisations.

The first semester is aimed at acquiring fundamentals of economics, management, law, policy sciences and research methods relevant to the healthcare sector. All fundamental courses need to be passed (or exemption received) in order to start the second semester courses.?

The second and third semesters are devoted to the development of advanced and specialised skills on current issues in the healthcare sector.?You choose your specialisation during the?first semester. You are invited to an information session, in which all the specialisations are presented, prior to your decision.?

The fourth semester is dedicated to the preparation of the master thesis. If you want to write your master thesis in Oslo, you need to submit a research proposal no later than 15th of November in the third semester.

You can gain specialisation by an internship in prominent organisations and by the possibility of spending up to two semesters in a partner university. Agreements allow you to access teaching activities, earn credits from graduate programs, and achieve a joint degree with the following academic partners:

  • Management Center Innsbruck
  • Erasmus School of Health Policy & Management, Erasmus University Rotterdam
  • Department of Economics, University of Bologna

Health economics and policy

In this specialisation, the second semester takes place in Oslo, while the third semester is in Bologna. For information regarding courses taught at the Department of Economics, University of Bologna, please follow the link in the programme structure.

4th semesterMaster Thesis
3rd semesterDepartment of Economics, University of Bologna
2nd semesterHECON4270 – Health Economics – Incentives and ContractsHMET4220 – Applied Micro EconometricsElective course
1st semester

Department of Economics, University of Bologna

?10 ECTS credits10 ECTS credits10 ECTS credits

Elective courses - University of Oslo

You must choose 10 credits in elective courses from this list:

Economic evaluation in healthcare

In this specialisation, the second semester takes place in Rotterdam while the third?semester is in Oslo.?For information?regarding courses taught at the Erasmus School of Health Policy & Management, Erasmus University Rotterdam?and Department of Economics, University of Bologna, please follow the link in the programme structure.

4th semesterMaster Thesis
3rd semesterHEVAL5130 – Modeling in economic evaluation IIHMET4210 – Research DesignHEVAL5200 – Topics in economic evaluationElective course
2nd semesterErasmus School of Health Policy & Management, Erasmus University Rotterdam
1st semester

Department of Economics, University of Bologna

?10 ECTS credits10 ECTS credits10 ECTS credits

Elective courses - University of Oslo:

You must choose 10 credits in elective courses from this list:

Management of healthcare institutions

In this specialisation, the second semester takes place in Oslo, while the third semester is in Innsbruck.?For information?regarding courses taught at the Erasmus School of Health Policy & Management, Erasmus University Rotterdam?and Department of Economics, University of Bologna, please follow the link in the programme structure.

4th semesterMaster Thesis
3rd semesterManagement Center Innsbruck
2nd semesterHFIN4210 – Finance and InvestmentHMAN4210 – Leadership, Management and Organization DevelopmentElective course
1st semester

Department of Economics, University of Bologna

?10 ECTS credits10 ECTS credits10 ECTS credits

Elective courses - University of Oslo:

You must choose 10 credits in elective courses from this list:

Population health management

In this specialisation, the second semester takes place in Innsbruck, while the third semester is in Rotterdam. For information?regarding courses taught at the Erasmus School of Health Policy & Management, Erasmus University Rotterdam?and Department of Economics, University of Bologna, please follow the links in the programme structure.

4th semesterMaster Thesis
3rd semesterErasmus School of Health Policy & Management, Erasmus University Rotterdam
2nd semesterManagement Center Innsbruck
1st semesterDepartment of Economics, University of Bologna
?10 ECTS credits10 ECTS credits10 ECTS credits

Programme structure until class 2025

If you started the programme in 2025 or earlier, you will find the programme structure that applies to you below.

Health economics and policy (from 2021)

4th semesterEMHEM5500 – Thesis Work
3rd semesterInstitute of Economics, University of Bologna
2nd semesterHECON4220 – Paying Providers of Health CareHMET4220 – Applied Micro EconometricsElective course
1st semester

Institute of Economics, University of Bologna

?10 ECTS credits5 ECTS credits10 ECTS credits5 ECTS credits

For information?regarding courses taught at?the Institute of Economics, University of Bologna, please follow the link in the programme structure.

Complementary courses - University of Oslo

You can only choose one of the complementary courses:

Elective courses - University of Oslo

You must choose one elective course:

Economic Evaluation in Healthcare (from 2021)

4th semesterEMHEM5500 – Thesis Work
3rd semesterHEVAL5130 – Modeling in economic evaluation IIHMET4210 – Research DesignHEVAL5200 – Topics in economic evaluation
or?
HMET5140 – Non-Parametric Methods and regression alternatives
Elective course
2nd semesterErasmus School of Health Policy & Management, Erasmus University Rotterdam
1st semester

Institute of Economics, University of Bologna

?5 credits5 credits5 credits5 credits5 credits5 credits

For information?regarding courses taught at the Erasmus School of Health Policy & Management, Erasmus University Rotterdam?and Institute of Economics, University of Bologna, please follow the link in the programme structure.

Complementary courses - University of Oslo:

You can only choose one of these as?the complementary course, the other may be used as an elective course:

Elective courses - University of Oslo:

You must choose two elective course:

* One of these must be used as?the complementary course, the other may be used as an elective course.

Management of Healthcare Institutions (from 2021)

4th semesterEMHEM5500 – Thesis Work
3rd semesterManagement Center Innsbruck
2nd semesterHFIN4210 – Finance and InvestmentHMAN4210 – Leadership, Management and Organization DevelopmentHMET5120 – Qualitative methodsElective course
1st semester

Institute of Economics, University of Bologna

?5 credits5 credits5 credits5 credits5 credits5 credits

For information?regarding courses taught at the Erasmus School of Health Policy & Management, Erasmus University Rotterdam?and Institute of Economics, University of Bologna, please follow the link in the programme structure.

Elective courses - University of Oslo:

You must choose one?elective course:

Population Health Management (from 2021)

4th semesterMaster Thesis
3rd semesterErasmus School of Health Policy & Management, Erasmus University Rotterdam
2nd semesterManagement Center Innsbruck
1st semesterDepartment of Economics, University of Bologna
?5 credits5 credits5 credits5 credits5 credits?5 credits

For information?regarding courses taught at the Erasmus School of Health Policy & Management, Erasmus University Rotterdam?and Department of Economics, University of Bologna, please follow the link in the programme structure.

Discontinued specialisations

Published Sep. 26, 2012 9:56 AM - Last modified Dec. 4, 2025 1:23 PM