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Life Science Economics and Policy – Master of Science – TU Munich

by | Masters Of Science, TU Munich

Life Science Economics and Policy – Master of Science – TU Munich

by | Dec 2, 2023 | Masters Of Science, TU Munich

tu munich masters
tu munich masters


The Master’s program at TU Munich in Life Science Economics and Policy addresses global challenges within the bioeconomy, such as food security, climate change, environmental degradation, and the increasing demand for energy, food, and raw materials. These pressing issues require innovative solutions accompanied by suitable regulatory frameworks and policies.

This program uniquely combines the domains of economics and policy with life sciences. It equips graduates with comprehensive knowledge enabling them to:

  1. Assess the Societal and Environmental Impacts of Natural Science Policies: Graduates can evaluate how regulatory policies in the natural sciences affect society and the environment.
  2. Analyse Economic Impacts of Policy Changes: They are trained to independently analyze the economic repercussions of policy shifts and communicate these impacts to the public in a clear and understandable manner.
  3. Develop and Evaluate Business Strategies: Graduates can assess and formulate company strategies in response to changes in policy frameworks.
  4. Evaluate Economic Outcomes of New Policies: They possess the skills to appraise the economic results of new policies and make informed policy recommendations.
  5. Formulate Research Questions and Conduct Research Projects: Graduates are capable of independently formulating research queries and translating them into research projects to investigate these questions.


Course Details

University Technical University of Munich
Degree M.Sc. in Life Science Economics and Policy
Subjects Economic and Public Policy, Macroeconomics, Microeconomics, Life Science, Public Policy, Economics
Language English only
Application Deadlines Winter semester: 31 May
Duration 2 Years (starting: Winter semester)
ECTS Credits 120
Tuition Fees Free (per semester)
Study Mode On campus
Qualification Requirements Bachelor’s degree (or equivalent) in social- or natural sciences, with basic knowledge in economics and business administration as well as natural sciences
Language Proficiency English: IELTS (min 6.5), TOEFL iBT (min 88), Cambridge (C1 Advanced/C2 Proficiency)
Application Procedure Direct application at the University (incl. VPD from uni-assist), No admission test/interview
Application Fee The initial application fee is €75, and for every subsequent application, the fee is €30 each.


Admission Documents

  1. Admission Application Form (to be uploaded and signed).
  2. Academic Transcript.
  3. Evidence of Proficiency in English.
  4. Updated and Detailed CV.
  5. Statement of Purpose.
  6. Written Essay.
  7. Analysis of Academic Curriculum.
  8. Course Syllabus (such as module details).
  9. Copy of Passport.
  10. Preliminary Documentation (VPD) for non-EU/EEA Educational Qualifications (applicable if undergraduate degree obtained outside the EU/EEA).


Career opportunities

  1. Policy Analysis and Development: Roles in government agencies or international organizations, focusing on developing and analyzing policies related to life sciences, such as healthcare, agriculture, and environmental management.
  2. Economic Research in Life Sciences: Opportunities in research institutions or academia, conducting economic analyses and research in fields like biotechnology, pharmaceuticals, and environmental economics.
  3. Healthcare Industry and Pharmaceutical Economics: Careers in the healthcare and pharmaceutical sectors, focusing on market analysis, health economics, pricing strategies, and healthcare policy.
  4. Agricultural Economics and Agribusiness: Positions in agribusiness firms or agricultural policy organizations, applying economic principles to the challenges in agriculture and food production.
  5. Sustainability and Environmental Management: Roles in organizations focusing on sustainable development, environmental protection, and the economic aspects of biodiversity and natural resource management.


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