Why the MHE Program at Alfaisal?
The Master of Science in Health Economics (MHE) equips students with expertise in health technology assessments, evidence-based commissioning, health management, finance, and pharmaceutical economics; skills in high demand across Saudi Arabia's rapidly advancing healthcare sector.
As the Kingdom moves forward under Vision 2030, Saudi Arabia is investing heavily in healthcare policy, innovation, and local capacity building, increasing the need for professionals with advanced Health Economics degrees who can bridge the gap between clinical need and financial sustainability.
Program Highlights
- Internationally relevant curriculum tailored for Saudi healthcare policy
- Training in health policy evaluation, economic modeling, and health systems planning
- Real-world case studies in pharmaceutical industry, diagnostics, and medical devices
- Access to expert faculty and collaborative research opportunities
Download Program Curriculum
Who Should Enroll?
This program is ideal for
- Early to mid-career professionals in healthcare, public health, pharma, or economics
- Graduates from medicine, pharmacy, health management, public health, or economics
- International and Saudi students seeking a highly specialized, career-focused Health Economics degree
If you're looking to advance your role in health policy planning, product development, or HTA (Health Technology Assessment), the MHE program provides a career-defining opportunity.
What You’ll Learn
Gain actionable skills in
- Health Economics modeling & economic evaluation
- Health technology assessments (HTA)
- Evidence-based commissioning and decision-making frameworks
- Strategic health policy formulation
- Data-driven resource allocation and financial planning in healthcare
Delivery through interactive lectures, group seminars, real-time simulations, and policy analysis projects, all guided by clinical and academic leaders.
Expert Teaching Staff in Health Economics, Health Policy & Healthcare Finance
The Master of Science in Health Economics (MHE) program is led by distinguished faculty with expertise in health economics, healthcare finance, health policy, pharmaceutical management, and health technology assessment.
Our instructors bring leadership experience from government agencies, international medical institutions, research centers, and the pharmaceutical industry.
Meet Our Faculty & Their Research
This research-driven environment strengthens graduates' readiness for leadership roles in health economics, health policy planning, and healthcare management.
Dr. Naif Alotaibi
MD, DES, MScResearch Focus:
- Health system financing and value based healthcare models.
- Economic evaluation of national healthcare reform initiatives.
Dr. C. Matthew Stewart
MD, PhD, FACSResearch Focus:
- Patient safety economics and quality improvement outcomes.
- Cost effectiveness of surgical and clinical innovation.
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Dr. Ahmed H. Aljedai
PharmD, MBA, BCPS, FCCP, FAST, FASHP, BCTxpResearch Focus:
- Pharmacoeconomics and drug utilization management.
- Cost effectiveness of clinical pharmacy services.
Dr. Rita Ojeil
Research Focus:
- Health economics modeling and real world evidence.
- Economic evaluation of clinical research programs.
Career Outcomes
Graduates of the MHE program are positioned for roles in:
- Ministries of Health and government advisory units.
- Pharmaceutical and biotechnology firms.
- Medical device manufacturers and diagnostic labs.
- Global consulting and policy organizations.
- Universities and research institutions.
The MHE degree opens doors to careers that influence how care is delivered, measured, and improved, locally and globally.
Research, Mentorship & Applied Learning in Health Economics
The Master of Science in Health Economics (MHE) program integrates research, mentorship, and applied learning to build expertise in health policy, healthcare finance, health technology assessment, and value based healthcare (VBHC).
- Develop practical skills in economic evaluation, health management, and evidence based commissioning.
- Gain hands-on experience through faculty guided, real world projects.
- Strengthen the ability to improve patient outcomes, cost effectiveness, and healthcare quality.
- Prepare for leadership roles in healthcare systems in Saudi Arabia and internationally.
Graduate School Admissions
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Program Details
- Program Duration: 2 years
- Total Cost: 200,000 SAR
- Credit Hour Fee: 4,762 SAR
- Application Fee: 600 SAR (Non-refundable)
- Initial Tuition Installment: 5,000 SAR (Non-refundable)
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Admission Requirements
To apply for the Master of Science in Health Economics (MHE) program, you must:
- Hold a bachelor's degree in a related field recognized by the Ministry of Education (MOE)
- Have a minimum GPA equivalent to "Good"
Demonstrate English proficiency
- IELTS: 5.5
- TOEFL iBT: 65
- STEP: 80
Additional Requirements
- Letter of Recommendation from a professor or workplace supervisor
- Interview (if requested)
- Application Fee: 600 SAR
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Scholarship Available
Alfaisal University provides thesis scholarships up to 50% for thesis programs only. You need to fulfill the following requirements & conditions:
- Cumulative GPA (3.00 out of 4.00 and above) by the end of the first academic year.
- Full payment of the total tuition fees (100,000 SAR) by the end of the first academic year.
Please note that the scholarship conditions are subject to change without prior notice.
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