MAHE M.Sc Health Economics FAQs
Ques. What makes M.Sc Health Economics at MAHE unique compared to other economics programs?
Ans. M.Sc Health Economics is the first of its kind comprehensive master's level program in India, specifically designed to address health economics challenges. Unlike general economics programs, it combines economic theory with healthcare application, offering specialized knowledge in pharmaceutical economics, health policy, and health systems management. The program is offered in collaboration with Public Health, Biostatistics, and Pharmacology departments, providing a truly interdisciplinary approach.
Ques. Can I pursue M.Sc Health Economics if my background is in Medicine or Nursing rather than Economics?
Ans. Yes, absolutely. The program welcomes candidates from diverse educational backgrounds including Medicine, Nursing, Pharmacy, Physiotherapy, and other health sciences disciplines. You need a bachelor's or master's degree with minimum 50% marks from a recognized university. Your healthcare background will actually be an advantage as it provides practical understanding of health systems that complements the economic theory taught in the program.
Ques. What are the career prospects after completing M.Sc Health Economics from MAHE?
Ans. Graduates can pursue careers as Health Economists, Health Policy Analysts, Healthcare Administrators, Pharmaceutical Economists, and Health Systems Researchers in healthcare institutions, government health agencies, pharmaceutical companies, research organizations, and international health bodies. The average salary ranges from INR 7,50,000 to INR 11,00,000 per annum, depending on experience and specialization.
Ques. Does the program offer international study opportunities?
Ans. Yes, the department is in discussion with select reputed universities in Europe and Australia for credit transfer, study abroad, and internship opportunities. These collaborations provide students with the chance to gain international exposure and experience in different healthcare systems, which is valuable for a career in global health economics.
Ques. What is the focus of the research in this program?
Ans. The program is research-oriented with a focus on improving human well-being with limited resources. Research areas include health policy evaluation, healthcare financing, pharmaceutical economics, health systems analysis, and economic evaluation of health interventions. Students work on real-world health economics problems through projects and internships.
Ques. Is the program suitable for working professionals?
Ans. The program is offered as a full-time course requiring regular attendance and active participation in classes and projects. However, if you have relevant work experience in healthcare or health policy, it can be an advantage during the admission process. The program is best suited for candidates who can commit full-time to their studies, though the knowledge and skills gained are highly valuable for career advancement in healthcare organizations.
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