M.A. in Health Economics

Ypsilanti, Michigan

 

INTAKE: Jan & Aug

Program Overview

The Master of Arts (M.A.) in Health Economics program at Eastern Michigan University is a comprehensive and specialized academic offering designed to provide students with a profound understanding of the economic aspects of healthcare systems. This program is carefully structured to equip individuals with the knowledge, analytical skills, and practical insights needed to navigate the complex intersection of economics and healthcare.The M.A. in Health Economics at Eastern Michigan University is an excellent choice for individuals seeking a career at the crossroads of economics and healthcare. The curriculum, faculty expertise, and practical approach position graduates to make significant contributions to the evolving landscape of healthcare economics.With the healthcare sector continually evolving and facing complex economic challenges, professionals with expertise in health economics are in high demand. Graduates from the M.A. in Health Economics program at Eastern Michigan University are well-prepared to contribute to the improvement of healthcare systems and drive meaningful change within the industry.The M.A. in Health Economics from Eastern Michigan University provides a solid foundation in economics that can be applied to various sectors. The skills acquired during the program, such as economic analysis, data interpretation, and policy evaluation, are highly transferable.

Curriculum:

  1. Core Economic Principles: The program initiates with an in-depth study of fundamental economic theories and principles. Students acquire a strong foundation in microeconomics, macroeconomics, and econometrics, setting the stage for specialized health economics courses.

  2. Healthcare Systems Analysis: Students delve into the intricacies of healthcare systems, understanding their structure, operation, and policies. This includes studying healthcare financing, health insurance mechanisms, and the roles of various stakeholders within the healthcare domain.

  3. Economic Evaluation of Health Interventions: The program emphasizes evaluating the economic efficiency and effectiveness of healthcare interventions. Students learn to employ economic evaluation methods to assess the costs and benefits of healthcare programs, treatments, and policies.

  4. Health Policy and Regulatory Environment: Understanding the policy landscape is vital. Students examine healthcare policies, regulatory frameworks, and legal aspects affecting the healthcare industry. This includes an analysis of government interventions, public health policies, and international health organizations.

  5. Health Economics Research Methods: The program focuses on equipping students with research methodologies specific to health economics. They learn to conduct empirical research, data analysis, and modeling relevant to healthcare issues.

  6. Applied Econometrics in Health Economics: Students delve into advanced statistical methods and econometric techniques tailored for health economics. This includes time-series analysis, panel data models, and other quantitative approaches applicable to health-related data.

  7. Ethics and Equity in Health Economics: The ethical dimensions of healthcare and health economics are explored. This involves examining fairness, equity, and social justice aspects in resource allocation, healthcare delivery, and policy-making.

Pollster Education

Location

Ypsilanti, Michigan

Pollster Education

Score

IELTS: 6.5

Pollster Education

Tuition Fee

USD 26854

Entry Requirements for Postgraduate Programs

Application Fees : US$ 45

Academic Requirements:

  1. Undergraduate Degree: International students should have completed an undergraduate degree from a recognized institution.A minimum of 60% or its equivalent in the undergraduate program is required.

English Language Proficiency:

  1. IELTS: An overall IELTS score of 6.5 with no individual band score less than 6 is required.
  2. TOEFL iBT: A minimum overall TOEFL iBT score of 79 is required.
  3. DET (Duolingo English Test): An overall DET score of 105 is required.
  4. PTE (Pearson Test of English): A minimum PTE score of 53 is required.

WES (or ECE, EP, SpanTran) Evaluation Required

Scholarships for International Students at Eastern Michigan University

  1. Global Leadership Scholarship: EMU offers the Global Leadership Scholarship to exceptional international students. This scholarship is competitive and based on academic merit. It provides partial tuition coverage.

  2. International Student Tuition Scholarships: These scholarships are awarded based on academic achievement and may cover a portion of the tuition fees for international students.

  3. Graduate Assistantships: EMU provides graduate assistantships to qualified international graduate students. These positions often include a stipend and tuition remission in exchange for work within the department or university.

  4. EMU Foundation Scholarships: International students can also apply for scholarships offered through the EMU Foundation. These scholarships are typically based on academic achievement, leadership, and community involvement.

  5. External Scholarships: EMU encourages international students to explore external scholarship opportunities, such as those offered by government agencies, foundations, and international organizations. The ISSO (International Students and Scholars Office) can assist students in finding these opportunities.

  6. Departmental Scholarships: Some academic departments at EMU offer scholarships specifically to students within their field of study. International students should inquire with their respective departments for such opportunities.

  7. Cultural Scholarships: EMU recognizes and values diversity. As a result, there may be cultural scholarships available to international students from specific regions or countries. These scholarships aim to promote cross-cultural understanding.

  8. Financial Aid: In addition to scholarships, EMU offers financial aid options, including loans and work-study programs, to assist international students in covering educational expenses.

It's important for international students to meet the eligibility criteria and application deadlines for these scholarships.

An M.A. in Health Economics from Eastern Michigan University is a gateway to a range of rewarding career opportunities at the intersection of healthcare and economics. This program is designed to equip students with the knowledge and skills required to analyze, manage, and enhance the economic aspects of healthcare systems, making them valuable assets in a rapidly evolving industry.

1. Healthcare Economist: Graduates of the M.A. in Health Economics program often find employment as healthcare economists. In this role, they utilize their analytical skills to evaluate the economic efficiency and impact of healthcare policies and programs. Healthcare economists work for government agencies, research organizations, insurance companies, and healthcare institutions.

2. Health Policy Analyst: Health policy analysts play a crucial role in shaping healthcare policies and regulations. Graduates with expertise in health economics are well-equipped to provide data-driven insights and recommendations to policymakers. They help governments and organizations design, implement, and evaluate healthcare policies.

3. Hospital Administrators: Health economists are increasingly in demand as hospital administrators. With their knowledge of healthcare systems, they can contribute to improving the financial performance of healthcare facilities. They often work on budgeting, cost control, and resource allocation within hospitals.

4. Consultants: Many graduates choose careers as healthcare consultants. They may work for consulting firms, advising healthcare organizations on financial strategies, market analysis, and regulatory compliance. They assist clients in making informed decisions to optimize their financial performance.

5. Pharmaceutical and Biotech Companies: Health economists find opportunities in pharmaceutical and biotech companies. They analyze the cost-effectiveness of new drugs and healthcare technologies, helping these companies navigate complex pricing and reimbursement systems.

6. Academia and Research: For those interested in academia, an M.A. in Health Economics can be a stepping stone to teaching and research positions at universities and research institutions. Many faculty members in health economics departments hold advanced degrees in this field.

7. Data Analysts and Researchers: The healthcare industry generates vast amounts of data. Health economists are skilled in handling and analyzing this data. They work as data analysts and researchers, providing insights into healthcare trends, costs, and outcomes.

8. International Health Organizations: Health economists are often employed by international health organizations like the World Health Organization (WHO) and the World Bank. They contribute to global health initiatives and research projects, focusing on economic aspects of healthcare in different regions.

9. Insurance Companies: Insurance companies need experts to assess the risks and costs associated with healthcare coverage. Graduates with an M.A. in Health Economics can pursue roles in insurance underwriting, policy development, and risk analysis.

10. Public Health Analysts: Public health agencies also value health economists who can assess the economic impact of public health interventions. Graduates in this field may work on cost-effectiveness studies and program evaluations.


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