Life Science Economics and Policy

The Master of Science in Life Science Economics and Policy at the Technical University of Munich offers an interdisciplinary education aimed at addressing the complex challenges faced by the life sciences sector today. This innovative programme combines economic analysis, policy-making, and life sciences to prepare students for influential roles in industry, academia, and public institutions. Students will gain a comprehensive understanding of the economic principles underlying innovation, regulation, and market development within the biotechnological and pharmaceutical sectors. The curriculum includes core courses in health economics, policy analysis, and management, alongside specialized modules in biotechnology, life sciences, and data analysis. Emphasizing practical skills, the programme integrates case studies, project work, and internships to ensure graduates are well-equipped to navigate the dynamic landscape of life science enterprises and policy environments. Students will also develop critical thinking and communication skills necessary to engage with stakeholders across academia, government, and industry. The programme benefits from TUM's strong network of industry partners and research institutions, providing students with valuable professional exposure and opportunities for research collaborations. Graduates of this master's programme are prepared for careers in academic research, healthcare consultancy, regulatory agencies, biotechnology firms, and other sectors that require expertise in economics, policy, and science. The course aims to foster innovation-driven leadership that can influence the development of sustainable, ethical, and efficient healthcare systems and biotech industries worldwide. With its comprehensive curriculum, international orientation, and emphasis on real-world application, the Life Science Economics and Policy master's programme at TUM is designed to equip students with the knowledge and skills needed to shape the future of the life sciences sector.

• Life Science Economics & Policy
• Agribusiness Governance
• Human Resource Management for Agriculture & Related Industries
• International Commodity Markets & Trade Policy
• International Environmental Policy & Conflict Resolution
• Production & Risk Management
• Value Chain Economics
• Applied Statistics & Econometrics
• Mathematics for Economics
• Advanced Environmental & Natural Resource Economics
• Consumer Economics & Policy
• Consumer Behaviour
• Environmental & Natural Resource Economics
• Food Economics
• Human Security & Development
• Organizational Behavior, Theory, & Development
• Network Analysis & Management
• Research Project International Horticultural Science: Economics & Management
• Regulatory Economics & Policy
• Sustainability Marketing & Sustainable Consumption
• Agriculture Technology Systems
• Aquatic Ecology & Conservation (half course, must be taken together with "Fisheries Management") 
• Fisheries Management (half course, must be taken together with "Aquatic Ecology & Conservation")
• Beverage Engineering
• Energy Conservation & Alternative Energy Resources
• Functional Food
• Host – Parasite Interaction
• Land Use Systems from a Global Perspective
• Material Flow Management & Application
• Modeling, Sensing & Control in Life Science Applications
• Plant Biotechnology
• Plant Breeding & Seed Production
• Quality of Food Crops
• Transgenic Livestock in Agriculture & Biomedicine

• Online application
• Proof of sufficient English language skills
• Bachelor’s certificate and diploma
• Certificate of student health insurance
• Letter of motivation
• Resume
• photo
• passport copy

The financing of the Life Science Economics and Policy master's program at the Technical University of Munich (TUM) is designed to facilitate access for a diverse range of students while maintaining high academic standards. Tuition fees for international and domestic students are generally structured to support the university's academic offerings and infrastructure. At TUM, most master's programs, including Life Science Economics and Policy, do not charge tuition fees for EU and EEA students, aligning with the university’s policy on promoting accessible education. However, non-EU students may be required to pay tuition fees, which are set annually and provide funds necessary for program sustainability.

Students enrolled in the program are encouraged to explore various financing options, including scholarships, grants, and student loans. TUM offers a range of scholarships specifically aimed at international students, as well as financial aid programs that can significantly reduce the financial burden. These scholarships are highly competitive and typically awarded based on academic merit, financial need, or a combination of both. Some students may also access external funding sources, such as government scholarships, private foundations, and international organizations supporting students in the life sciences and economics fields.

Apart from scholarships, students often finance their studies through personal savings, part-time employment, or internships relevant to their field. TUM’s central student service provides guidance on scholarships, funding opportunities, and financial planning, helping students to manage their educational expenses effectively. Additionally, students may consider applying for student loans available within their home countries or through international lenders that support education abroad.

The cost of living in Munich is an integral part of the financing considerations. Munich is known for its relatively high living costs, including accommodation, transportation, food, and insurance. Budgeting accordingly is essential for students planning to undertake the master’s program. Many students mitigate these expenses by sharing accommodation or seeking affordable housing options within the city.

Overall, the financing structure of the Life Science Economics and Policy program at TUM emphasizes affordability for eligible students, supported by the university’s extensive scholarship programs and external funding opportunities. While tuition is free for most students, those who require additional financial support have access to various resources to ensure that their studies are financially feasible. The institution’s commitment to inclusive education, coupled with available financial aid, aims to attract talented students worldwide and enable them to focus on their academic and professional development without undue financial hardship.

As from the winter semester of 2013/2014, no tuition fees will be charged. However, certain administration and other costs will be charged to students (up to ca. €114,50): see link below. Students are expected to pay for the compulsory excursion. The cost depends on many factors (e.g. destination, duration, mode of transport, etc.) and therefore no sum is mentioned here.