The MSc in Health Economics and Econometrics is ideal for new graduates hoping to pursue a career in health economics or for those currently working in the health care sector who wish to develop skills in health economics.
This programme gives you the opportunity to follow a more econometrics based pathway underpinned by microeconomic theory, while taking the core modules required to study Health Economics (Economic Evaluation and Modelling for Health Care Decision Making).
The programme is targeted at those with an undergraduate economics-based degree and a desire to obtain a technical training relevant for a career in which these skills can be applied to the health care sector nationally and internationally. With its blend of applied health economic modules and specialist economic modules, the MSc in Health Economics and Econometrics is ideal for individuals wishing to embark on a career as a health economist in industry, the health service or academia. This is an area identified as a priority for the health service and health economists with these skills are in short supply – hence the provision of three fully funded NIHR studentships.
The normal entrance requirement for our Masters programmes is a good Honours degree (upper second-class or above) in Economics or a closely related subject, or an equivalent professional qualification and professional experience.
Appropriate career experience may also be taken into account. It is hard to give general rules on these matters, since each case is considered on individual merit. However, the factors which tend to count in your favour are suitable health services managerial experience, favourable reports from academic referees, or proven ability in research or publication. You should give as much evidence as possible of your capabilities in these areas.
For international students:
Academic requirements: We accept a range of qualifications
English language requirements: You can satisfy our English language requirements in two ways:
by holding an English language qualification to the right level
by taking and successfully completing one of our English courses for international students
English to IELTS 7.0 (with a minimum of 6.5 in each component).
With its blend of applied health economic modules and specialist economic modules the MSc in Health Economics and Econometrics is ideal for individuals wishing to embark on a career as a health economist in industry, the health service or academia.
The programme consists of taught modules (120 credits), plus a dissertation (60 credits – MSc only). There are five compulsory taught modules:
Microeconomics (Department of Economics) 20 credits
Econometrics (Department of Economics) 30 credits
Introduction to Health Economics (HEU 20 credits)
Economic Evaluation in Healthcare (HEU) 20 credits
Modelling for Health Economics (HEU) 20 credits
In addition to the above, students need to choose either Statistics for Health Economics II (HEU) or any 10-credit module from those offered within HAPS as part of the Masters in Public Health Programme. Students who take an alternative module in this option will attend Statistics for Health Economics II non-assessed.
For the full Masters you will need to submit a dissertation of 10,000 words on an agreed topic in an area of health economics or econometrics (60 credits). A Postgraduate Diploma may be obtained by completing the taught modules without the dissertation.
Employability from the allied and established MSc in Health Economics and Health Policy has been consistently high. This new programme has been specifically designed to complement the current demand by building on specific skills that are known to be in short supply.
This programme will supplement the standard health economic toolkit of economic evaluation and modelling by helping those with particular technical interests to develop techniques to analyse aspects of the Health Service and the big data sets that are being developed and those which are currently available in health service systems and databases.
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