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
The second semester is spent in Oslo and the third semester is spent i Bologna. For information regarding courses taught at the Department of Economics, University of Bologna, please follow the link in the programme structure.
| 4th semester | Master Thesis | ||||||
|---|---|---|---|---|---|---|---|
| 3rd semester | Department of Economics, University of Bologna | ||||||
| 2nd semester |
Health Economics |
HMET4220 – Applied Micro Econometrics | Elective course | Elective course | |||
| 1st semester | |||||||
| 5 credits | 5 credits | 5 credits | 5 credits | 5 credits | 5 credits | ||
Elective courses - University of Oslo
You must choose 10 credits in elective courses from this list:
Economic evaluation in healthcase
The second semester is spent in Rotterdam and the third semester is spent 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 semester | Master Thesis | |||||
|---|---|---|---|---|---|---|
| 3rd semester | HEVAL5130 – Modeling in economic evaluation II | HEVAL5200 – Topics in economic evaluation | Elective course | Elective course | ||
| 2nd semester | Erasmus School of Health Policy & Management, Erasmus University Rotterdam | |||||
| 1st semester | ||||||
| 5 credits | 5 credits | 5 credits | 5 credits | 5 credits | 5 credits | |
Elective courses - University of Oslo:
You must choose 10 credits in elective courses from this list:
- HMAN4230 – Internship
- Health System Coordination: Policy Analysis and Implementation
- FHE4120 – Introduction to Logistic and Cox regression
- FHE5100 – Register-based Studies
Management of healthcare institutions
The second semester is spent in Oslo and the third semester is spent 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 semester | Master Thesis | ||||||
|---|---|---|---|---|---|---|---|
| 3rd semester | Management Center Innsbruck | ||||||
| 2nd semester | HFIN4210 – Finance and Investment | HMAN4210 – Leadership, Management and Organization Development | Elective course | Elective course | |||
| 1st semester | |||||||
| 5 credits | 5 credits | 5 credits | 5 credits | 5 credits | 5 credits | ||
Elective courses - University of Oslo:
You must choose 10 credits in elective courses from this list:
- Health Economics
- HMAN4230 – Internship
Population health management
The second semester is spent in Innsbruck and the third semester is spent 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 link in the programme structure.
| 4th semester | Master Thesis | ||||||
|---|---|---|---|---|---|---|---|
| 3rd semester | Erasmus School of Health Policy & Management, Erasmus University Rotterdam | ||||||
| 2nd semester | |||||||
| 1st semester | Department of Economics, University of Bologna | ||||||
| 5 credits | 5 credits | 5 credits | 5 credits | 5 credits | 5 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 semester | EMHEM5500 – Thesis Work | |||||
|---|---|---|---|---|---|---|
| 3rd semester | Institute of Economics, University of Bologna | |||||
| 2nd semester | HECON4220 – Paying Providers of Health Care | Elective course | ||||
| 1st semester | ||||||
| 5 credits | 5 credits | 5 credits | 5 credits | 5 credits | 5 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:
- HECON4210 – Demand for Health and Health Insurance
- HEVAL4200 – Fundamentals of Economic Evaluation in Health Care
- HEVAL5120 – Modeling in economic evaluation I
Economic Evaluation in Healthcare (from 2021)
| 4th semester | EMHEM5500 – Thesis Work | |||||
|---|---|---|---|---|---|---|
| 3rd semester | HEVAL5130 – Modeling in economic evaluation II | HMET4210 – Research Design | HEVAL5200 – Topics in economic evaluation or HMET5140 – Non-Parametric Methods and regression alternatives |
Elective course | ||
| 2nd semester | Erasmus School of Health Policy & Management, Erasmus University Rotterdam | |||||
| 1st semester | ||||||
| 5 credits | 5 credits | 5 credits | 5 credits | 5 credits | 5 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:
- HEVAL5200 – Topics in economic evaluation
- HMET5140 – Non-Parametric Methods and regression alternatives
Elective courses - University of Oslo:
You must choose two elective course:
- HECON4260 – Need analyses, risk adjustments and formula funding (discontinued)
- HMAN4230 – Internship
- HMAN5160 – Integrated Care Models
- HMAN5180 – Policy analysis and evaluation
- HMET5140 – Non-Parametric Methods and regression alternatives *
- HEVAL5200 – Topics in economic evaluation *
* 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 semester | EMHEM5500 – Thesis Work | |||||
|---|---|---|---|---|---|---|
| 3rd semester | Management Center Innsbruck | |||||
| 2nd semester | HFIN4210 – Finance and Investment | HMAN4210 – Leadership, Management and Organization Development | HMET5120 – Qualitative methods | Elective course | ||
| 1st semester | ||||||
| 5 credits | 5 credits | 5 credits | 5 credits | 5 credits | 5 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:
- HECON4210 – Demand for Health and Health Insurance
- HECON4220 – Paying Providers of Health Care
- HEVAL4200 – Fundamentals of Economic Evaluation in Health Care
- HMAN4230 – Internship
Population Health Management (from 2021)
| 4th semester | Master Thesis | ||||||
|---|---|---|---|---|---|---|---|
| 3rd semester | Erasmus School of Health Policy & Management, Erasmus University Rotterdam | ||||||
| 2nd semester | |||||||
| 1st semester | Department of Economics, University of Bologna | ||||||
| 5 credits | 5 credits | 5 credits | 5 credits | 5 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
- Management of Healthcare Institutions (2nd semester: Oslo, 3rd semester: Innsbruck)
- Economic Evaluation in Healthcare (2nd semester: Rotterdam, 3rd semester: Oslo)
- Health Economics and Policy (2nd semester: Oslo, 3rd semester: Bologna)
- Decision Making in Healthcare (2nd semester: Rotterdam, 3rd semester: Innsbruck)
- Global Health (2nd semester: Rotterdam, 3rd semester: Bologna)
- Healthcare Finance and Management (2nd semester: Bologna, 3rd semester: Innsbruck)