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Life Science Economics and Policy

Course Description

The M.Sc. Life Science Economics and Policy is an international Master's program with all courses offered in English integrating issues of economics and policy with the life sciences, and equips graduates with in-depth knowledge to work on important challenges within the bioeconomy, some examples of which are described below.

• Determine the impacts on society and the environment of regulatory policies of the natural sciences.
• Independently analyse the economic impacts of policy changes, and present them to the public in an easy-to-understand format.
• Evaluate and develop company strategies in response to changes in policy frameworks.
• Evaluate the economic outcomes of new policies, and make policy recommendations.
• Independently formulate research questions and translate them into research projects to find answers to these inquiries.

Learning outcomes

The following learning outcomes are strived for: a thorough knowledge of the fundamental principles of research methods; economic theory and modelling; data collection and analysis; and of the latest developments in contemporary research. Social competencies and skills are developed to equip graduates to operate with self-confidence in their future professions.

All courses are taught in the English language to equip students for an international working environment.

Is this program for you?

Are you interested in agriculture, the biological sciences, economics, governance, and how they integrate in policies and regulations for society, industry, and government; in regulatory affairs; in research; in topics like globalisation, food security, and the the bioeconomy; or are you planning a career in the corporate life sciences? Are you passionate about innovation, solving challenging problems, or risk management? If yes, then this program will equip you for the above, and more.

Employment opportunities

Firms and institutions involved in any way in the food value chain and the life sciences arena are potential employers. Possible employment opportunities are: a specialist leadership position such as Regulatory Affairs in industry (e.g. food processing, biotechnology), or in international organisations such as: the World Bank; the Consultative Group on International Agricultural Research (CGIAR); the European Commission (EC); the Food and Agriculture Organization of the United Nations (FAO); the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, and the Organisation for Economic Co-operation and Development (OECD), or as a consultant, or a researcher in an academic or private institution.

Visit the Life Science Economics and Policy page on the Technische Universität München website for more details!

Entry Requirements

An undergraduate degree in either the social- or natural sciences, or agricultural/forestry sciences. You need a minimum of 30 credits (ECTS) in the social sciences (i.e. economics; and from fields like: sociology; business; finance; management; philosophy; law) and a minimum of 30 credits in the natural sciences (i.e. all life science (biological sciences) subjects; and from fields like: chemistry; physics; mathematics; statistics). If you have at least 30 credits in the social- or natural sciences, and 20-29 credits in the other field, you may apply provided the missing credits are made up within the first academic year.

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