As a health economist, you analyze the economic aspects of the healthcare system. Your goal is to find efficient and cost-effective solutions for healthcare facilities. You will deal with topics such as healthcare policy, financial management and the evaluation of healthcare systems.
A health economist in Germany can expect an average gross salary of approximately âŹ59,796 per year, equating to a monthly salary of âŹ4,983. This salary can vary depending on the institution and region. In Cologne, the expected salary ranges between âŹ43,900 and âŹ61,900 per year.
The salary range in health management at the start of the career lies between âŹ2,300 and âŹ3,300 gross per month, which equates to an annual salary of âŹ27,600 to âŹ39,600. Later in their career, the salary can vary depending on the institution and position. Health economists can earn an average of about âŹ50,000 â âŹ60,000 gross per year, while hospital managers can expect an annual income of about âŹ85,000 up to âŹ290,000.
Further education and specialization can further increase a health economist's salary. Continuing education that imparts skills in team and operational management can be beneficial in attaining leadership positions and consequently a significantly higher salary.
To work as a health economist, you usually need a university degree in health economics or a related field such as business administration or public health. Internships in the healthcare industry are also an advantage.
Health economists have a wide range of career opportunities. They can work in hospitals, health insurance companies, health authorities or in the pharmaceutical industry. There is also the possibility of working in research or teaching.
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