Master of European Health Economics & Management in Economics & Policy

MCI Management Center Innsbruck
European Health Economics & Management in Economics & Policy
Masters
Health & Medicine
Public University
Austria

The Master of European Health Economics & Management in Economics & Policy at MCI Management Center Innsbruck is a 2-year, 120-credit full-time master’s programme taught in English in Innsbruck, with March and September intakes. It sits within Health & Medicine and covers health sciences, clinical foundations and evidence-based practice. The Economics & Policy specialisation lets students deepen this area. Students combine core courses with specialised electives, and the programme builds toward a master’s thesis or research project. MCI Management Center Innsbruck is an Innsbruck-based university of applied sciences known as the Entrepreneurial School. The programme is aimed at students who want a rigorous grounding in this field in an international classroom. Listed tuition is about €15,000 per year.

Course Details

Category	Details
Time	Full Time
Campus	Innsbruck
Duration	2
Deadline-Date	tbc,9-November,
Fee Per Year	15000
Application Fee	Most public universities in Austria do not charge a general direct application fee, though some specific programs or entrance examinations cost around €50
Currency	euro
Intake Link	https://www.mci.edu/de/studium/bewerbung-und-zulassung
Deadline Link	https://www.mci.edu/de/studium/bewerbung-und-zulassung
Intakes	March
Program language requirement	CEFR Level:C1 TOEFL iBT:85 TOEFL pBT:560 IELTS Academic (on-site or online):6.5 PTE Academic :65 Cambridge English Business Vantage (BEC):Higher - 180 Cambridge English Advanced (CAE): 180 (CAE) or 200 (CPE) Oxford Test of English:120 in all skills LanguageCert Academic:75

Who can Choose this program?

Bachelor’s degree In Health Sciences, Economics, Public Health, Business Administration, Medicine, Nursing, Pharmacy, Social Sciences, or a closely related field

Additional Information

Category	Details
Scope of the program	Graduates of the Master of European Health Economics & Management in Economics & Policy can find work in hospitals, healthcare organisations, public health and research. Typical roles include health professional, researcher, public health specialist. Graduates can pursue doctoral research or enter the job market directly. International graduates can explore both the Austrian and wider European job markets. The degree builds analytical thinking, subject expertise and the ability to work in international, interdisciplinary teams.
Program entry requirement	Admission to a Master’s program requires a relevant Bachelor’s degree or recognized equivalent from an accredited institution. Cover letter C.V. / Résumé (typewritten) Copy of passport or identitiy card (front and back) Valid passport photo Certificate from a secondary technical and vocational school or certificate of apprenticeship Matura certificate / School Leaving Certificate or other certificate of higher education entrance qualification, or most recent certificate available Evidence of completed higher education entrance examination or relevant vocational qualification Evidence of professional experience or internships
Required GPA	Bachelor’s: CGPA of 2.5 or equivalent (may vary by program).
GRE Required	No
GMAT Required	No
Application Process	Admission Checklist Completed university application form All academic transcripts (officially translated into English or German) Passport/Travel document ID Photo LOM / SOP Proof of English/German language proficiency Proof of financial support Any other required documents depending on the University Documents Legalization is must before applying in most of the universities IBCC, HEC, MOFA Attestation is also required before applying in universities. Bank Statement 10K to 12K Euros Process time 6 to 8 months
Available Scholarships	https://studyabroadupdates.com/austrian-government-scholarships/
Program accreditation	Degree programme accredited by AQ Austria (Agency for Quality Assurance and Accreditation Austria), as required for all Austrian university-of-applied-sciences (FH) programmes; MCI also holds AACSB accreditation
Living expenses	Living Expenses in Austria Monthly Budget: Generally estimated at €900 to €1,200 per month in mid-sized cities (like Graz or Linz), while living in Vienna usually demands €1,100 to €1,400 per month to live comfortably. Accommodation: Student dormitories are the most cost-effective option, averaging €250 to €450 per month including utilities. Private apartments or shared flats (WG) range higher. Visa Proof of Funds: To clear the student residence permit requirements, you must demonstrate access to a baseline liquidity of approximately €12,000 for one academic year (~€1,000 per month) parked in an accessible or blocked bank account.
Visa Process Details	Visa Checklist Passport (valid for a minimum of three months after the intended stay) Completed visa application forms (signed) Two recent passport-sized photos Notification/confirmation of admission from an Austrian higher education institution Proof of health insurance coverage in Austria (30K) Proof of sufficient financial resources (€14,604 for students over 24 years old & €8,064 for under 24.) The funds have to be in a savings or bank account for at least 6 months that must bear the applicant’s/guardian’s name and be accessible from Austria. Birth certificate or equivalent document (legalized and translated) Proof of accommodation in Austria (dorm reservation, rental agreement) Academic transcripts (translated if necessary) Proof of language proficiency Police clearance certificate from the country of residence – no older than 3 months at the time of application (legalized and translated) Copy of flight ticket booking Application fees for Residence Permit (€120) & Visa-D (€150)
Part timework	Part-Time Work in Austria Hours: Non-EU international students are legally allowed to work up to 20 hours per week during the semester. During official university holidays, students can scale up to full-time (40 hours per week). Average Pay: There is no single statutory minimum wage, but wages are regulated by sector-specific collective agreements. Typical student roles pay between €10 and €15 per hour. Essentials: Your employer must actively apply for a work permit from the Public Employment Service (AMS) before you start working. Marginal Earnings Sweet Spot: Working roughly 8 to 10 hours a week to stay below the national marginal earnings threshold (~€518/month) exempts you from standard employee social security contributions.
Post-study work opportunity	Post-Study Work Opportunities 12-Month Stay-Back Window: Upon graduating with a Bachelor's, Master's, or PhD from an accredited Austrian university, you can extend your student residence permit for up to 12 months to look for a job or start a business. The Red-White-Red (RWR) Card: Once you secure a job contract matching your degree level that meets local starting salary standards, you can transition to a Red-White-Red Card for Graduates without undergoing a local labor market shortage check. Upgrading your Status: After working legally under an initial RWR card for a specified period, you can upgrade to a Red-White-Red Card Plus, which grants completely unrestricted access to the entire Austrian job market.

What are the admission requirements for the Master of European Health Economics & Management at MCI?

Admission to the Master's program requires a relevant Bachelor's degree or recognized equivalent from an accredited institution, a cover letter, CV or résumé, passport copy, valid passport photo, secondary school certificate, evidence of relevant qualifications, and proof of professional experience or internships.

What is the tuition fee for the Master's program in Health Economics & Management?

The tuition fee for the Master of European Health Economics & Management is approximately €15,000 per year.

What English language proficiency tests are accepted for admission?

The program accepts various English language proficiency tests, including IELTS Academic (minimum score of 6.5), TOEFL iBT (minimum score of 85), and Cambridge English Advanced (CAE) with a minimum score of 180.

Can international students work while studying in Austria?

Yes, non-EU international students are permitted to work up to 20 hours per week during the semester and can work full-time during official university holidays. Typical student jobs pay between €10 and €15 per hour.

What are the post-study work opportunities for graduates of this program?

Graduates can extend their student residence permit for up to 12 months to seek employment. They can transition to a Red-White-Red Card for Graduates once they obtain a job contract that meets local salary standards, allowing them to work in Austria.