Master of Science in Health Economics and
Health Care Management

The M.Sc. in Health Economics and Health Care Management is a one year intensive programme which focuses on making optimum use of resources to achieve defined health and social goals. It accepts students with varied backgrounds in health sciences, social sciences, administration and other fields. The course progresses from basic economics to very practical applications in the health arena.

The programme commences in August each year and finishes the following July. The curriculum comprises eight coursework modules and a thesis. Each module runs for four weeks and encompasses both theory and applications to health sector problem-solving, with individual and group exercises and assignments.

Field visits are arranged at appropriate times during the year to provide direct knowledge and experience of special disease or health care problems, and of ongoing initiatives to improve health care delivery. Students are encouraged to participate periodically in a Health Economics Forum in which major issues around the world are discussed.

The programme also collaborates with the faculty’s Centre for Health Economics (CHE), a WHO Collaborating Centre since 1993 and member of the Asia Pacific Health Economics Network (APHEN) as well as the Asia Pacific Network in Health Systems Strengthening, or ANHSS (formerly known as the Asia Network for Capacity Building in Health Systems Strengthening).

Aims of the M.Sc.Programme
  • To strengthen capacity in applying economics principles and analyses to issues in the health sector, health policy and medical interventions
  • To clarify the nature and implications of health policy options
  • To improve the decision making process in the health sector
Program Curriculum
The M.Sc. curriculum consists of 6 compulsory courses, 2 elective courses,and 1 thesis. Each coursework module runs for 4 weeks, and carries 3 credits, with the exception of the thesis, which carries 12 credits. Every student is required to take 36 credits for graduation within one year. The study plan is as follows:
6 Compulsory courses 18
2 Elective courses* 6
Thesis 12
Total 36
*The availability of electives is subject to students’ demand and the availability of teaching staff.
Course Structure
  First Trimester
  2950631 Economic Analysis and Applications in the Health Sector I [August]
  This course is designed to prepare a non-economist to apply microeconomic theories and tools to health systems, to health care consumer behaviour and to health care provider perspective.
  2950632 Economic Analysis and Applications in the Health Sector II [September]
  This course is designed for a non-economist to understand public economics, macroeconomic concepts, the role of health as an engine for economic growth and in international trade and to apply these tools towards the applications in the health care sector.
  2950633 Health Care Systems, Financing and Socio-economic Development (Health Care Financing)** [October]
  This course aims to enable participants to analyze recent efforts in developing countries to finance and organize health care and to apply methods of economic and policy analysis to health care financing in the context of socio-economic development.
  2950638 Statistics for Health Economics [November]
  This course introduces the statistical tools necessary for analyzing health care systems using quantitative data, with emphasis on empirical applications using microcomputers. The covers methods from simple regression to time series analysis.

Second Trimester

  2950636 Economic Analysis and Evaluation of Health Care Services** [December]
  This course explores the nature, purpose and limitations of economic analysis and evaluation; public and private perspectives; measurement and valuation; analysis of costs, performance and effectiveness; cost-effectiveness and cost benefit analysis; inequality and equity.
  2950653 Health Policy and Planning [January]
Issues, elements and components related to the multi-dimensional aspects of health planning and policy formulation, whereby varieties of information, tools of analysis, problem defining and analysis techniques, strategy formation, organisation of socio-political participation and implementation processes and designing of monitoring and evaluation processes are put in place to concoct a systematic blueprint of what and how health status should and can be achieved, parts and parcel of the arsenal of policy and planning procedure and measures will include management expertise, political and civil society elements of governances, techniques of epidemiological methods, health measurement indices, input-output matrices for building up information and the continuous development of health and public policy formation and delivery.
  2950648 Health Care Service Management [February]
  Theory and concepts of health management, competition and corporate strategies, marketing, financial accounting and management, operation management and organization effectiveness, health care industry and policy analysis, negotiation, communication and medical informatics.
  2950700 Health Economics Research Methods [March]
  This course covers the key principles of health economics research, including the roles of questions, hypotheses, theories in the research process, with critical review of research design and methodologies; this leads to preparation of a research proposal.
  Third Trimester
  2950811 Thesis [April-July]
  Students write a thesis, worth 12 credits, on a topic of their choice under the guidance of an advisor as well as a thesis committee, which is assigned by the executive programme committee. Students usually get started as early as the first trimester and must pass their oral examination and complete their thesis by the end of the third trimester to be able to graduate within one year. Evidence that the thesis or a part thereof has been published or has been accepted for publication has to be submitted prior to graduation or has been accepted for presentation in an academic conferences of which complete proceedings are produced afterwards.
  **Current elective courses offered during this academic year
  This is a list of our former students and their thesis topics
  Other elective courses that may be offered are
  2950635 Epidemiology and Health Care Priorities (Health Care Planning)
  This course deals with techniques, issues and approaches to health care planning in the context of limited resources at national and local levels; identification of information necessary for health care planning and policy making; issues such as efficiency and equity in the planning process.
  2950634 Organization Management and Decision Making in the Health Sector
  This course concerns analysis and decision making in health care organizations in the public and private sectors, and the execution of strategic plans related to development; attention is given to strengths and weaknesses of modeling in relation to particular types of decisions.
  2950649 Information Technology for Health Care Service
  Communications within and between private healthcare organizations; communication tools and devices; data collection and presentation; information provision services; use of information for marketing and image-building purposes; use of new information from outside sources to improve services and to make necessary changes in accordance with new government initiatives.
  2950639 Individual Study in Health Economics
  In-depth study of approved specific topics in health economics issues under guidance and supervision of a faculty member, based on good research methods and the critical analysis of data; submit a well-written paper at the end of the course.
  2950644 Special Topics in Health Economics
  In-depth study of one or more topics in the area of health economics; topic (s) selected must be vital, hot, and/or interest the public as a whole.
  2950645 Seminar in Health Economics
  Analysis of topics and issues in health economics; discussion between instructors and students and among students.
The Faculty of Economics has modern computer facilities for students to use for assignment and thesis preparation. Numerous library facilities are available on campus and there is a collection of health economics materials at the Faculty’s Economics Documentation and Information Centre (EDIC), at the M.Sc. Programme Office and the Centre for Health Economics. Students are encouraged to use modern communication technology for research and networking.
Students are entitled to use all other faculties’ library facilities, provided they present their student ID Card.
Eligibility and Application
Admission criteria
  • Applicants should hold an internationally recognized degree in social, medical or basic sciences and provide evidence of competence in English if that is not the mother tongue
  • Prior formal study of economics is not a requirement for admission but some knowledge of basic principles of economics, statistics and computer use is advisable
  • The Admission Committee seeks to measure each candidate’s potential for academic success and for subsequent contribution to the health sector in the home country
Documents required
  1. An official transcript providing evidence that the candidate passed the undergraduate level
  2. Evidence of full or part time work experience, current position, career aspirations
  3. Test of English as a Foreign Language (TOEFL) score of at least 500 points (PBT or equivalent) or equivalent (e.g. CU-TEP: at least 60; IELTS: at least 5.5). Proof of English language proficiency is only valid for a period of 2 years, counted from the test date.
  4. A photocopy of passport (International applicants) or identification card (Thai applicants)
  5. Two letters of recommendation from unrelated persons able to evaluate academic or work performance
  6. Completed application form provided by the M.Sc. in Health Economics and Health Care Management
Intensive Course
Students with no undergraduate-level education in economics will need to attend preparatory intensive courses prior to the start of the first trimester. These preparatory courses usually run from the third week of March to the end of May and teach students the basics of Microeconomics, Macroeconomics, Mathematics and Statistics. .
Fellowships are not available from Chulalongkorn University. However, a number of organizations have indicated that they may support suitable candidates, including the World Health Organization, the UNDP/World Bank/WHO Special Programme for Research and Training in Tropical Diseases (TDR), UNICEF, IDRC, the British Council, DFID, SIDA, GTZ, TICA. Applicants are encouraged to seek advice from their Ministry of Health, from international agencies, or to consult with the WHO Representative’s office in their own country.
Download Application Form (Use Acrobat Reader 4)
Application, letters of recommendation together with all supporting documents, and stating the expected source of funds, must be received by the end of April (April 30) by
The Programme Director
M.Sc. in Health Economics and Health Care Management
Faculty of Economics, Chulalongkorn University
Bangkok 10330, Thailand
Tel. (66-2) 218 6298, Fax. (66-2) 218 6212
E-mail :
Candidates will be advised of the Admission Committee’s decision by the end of May (May 31).
Expenses for overseas students
Tuition and fees
  1. Application fee 35 US$
  2. Admission fee 20 US$
  3. Tuition and fee 9,000 US$
  4. Field trip 540 US$
5. Insurance (health, accident) 400 US$


9,995 US$
Additional Expenses*
  1. Book and Supplies 500 US$
  2. Accommodation 4,000 US$
  3. Meals and Personal Expenses 9,600 US$


14,100 US$

* Estimated expenses excluding roundtrip airfare.
Expenses for Thai students**
Tuition and fees
  1. Application & Admission fee 800 Baht
  2. Tuition and fee 240,000 Baht
  3. Field trip 15,000 Baht


255,800 Baht
** Excluding books and supplies.
Payment to the programme should be made to the following bank account.
Account Name : Faculty of Economics, Chulalongkorn University
Account Number : 403-494540-4
Swift code: : SICOTHBK
Bank Name and Address : The Siam Commercial Bank,
Chulalongkorn University Branch
254 Phayathai Road, Wangmai Sub District, Phathum Wan District
Bangkok 10330, THAILAND