Health Economics MSc

City University London
Course summary
1 year
10,000 GBP
Full time/part time
Next available date: September 2020 - London

Course description

Health Economics MSc

Health Economics MSc - a City University degree programme

The Health Economics MSc is designed to meet the increasing demand for specialists in healthcare industry. Students will get a solid foundation of the economics functioning by analysing the decision-making processes of the consumers, firms and governments in healthcare sector.

Suitability - Who should attend?

You should have an upper second class honours degree either in economics or a relevant discipline complemented with economics, or in any discipline supplemented by relevant work experience. A strong quantitative background is required for this MSc. If you don't have an honours degree, you may still be considered based on appropriate professional qualifications or experience.

Please note that if you have a Pharmacy, Medical or Biology degree (or similar) we advise you to apply for the MSc Economic Evaluation in Healthcare.

Other Suitable Qualifications

Economics pre-sessional courses

Before the course starts, we provide a refresher in microeconomic principles, mathematics and statistics. It is strongly recommended that you attend these courses.

Kaplan International College (KIC) LondonAdditionally, the University works in partnership with KIC London to provide preparatory courses for international students.  Foundation and Pre Masters courses at KIC London offer comprehensive support to students including regular one-to-one tuition. Progression to the University is guaranteed if you complete the KIC London course at the required level.

  • IELTS: an overall score of 6.5 (with a minimum of 6.0 for each sub-test)

INTO English language programmes

If you need to improve your English language skills before you enter this course, INTO City University London offers a range of English language courses. These intensive and flexible courses are designed to improve your English ability for entry to this degree. Please click the links below for more information:

  • English for Postgraduate Study
  • Pre-sessional English


If you are a citizen of, or undertook your Bachelors degree in, one of the following countries, you are exempt from the requirement to provide proof of English language proficiency:

  • Antigua and Barbuda
  • Australia
  • The Bahamas
  • Barbados
  • Belize
  • Canada
  • Dominica
  • Grenada
  • Guyana
  • Jamaica
  • New Zealand
  • St Kitts and Nevis
  • St Lucia
  • St Vincent and the Grenadines
  • Trinidad and Tobago
  • UK
  • The United States of America

The above is a list of UKBA designated majority English-speaking countries.

Please note that due to changes in the UKVI's list of SELTs we are no longer able to accept TOEFL as evidence of English language for students who require a CAS as of April 2014.

Applicants from the European Economic Area / Switzerland coming to study in the UK may need to apply for a visa or entry clearance to come to the UK to study. /p>

The application rules vary depending on the length of the course:

  • Students on courses of more than 6 months
  • Students on courses of less than 6 months
  • Students on a pre-sessional English Language course

Please note: If you require a Tier 4 student visa to study in the UK, you cannot undertake any City University London courses on a part-time basis.

Outcome / Qualification etc.

The MSc in Health Economics prepares you for career opportunities in areas such as:

  • Economic consultancies and think-tanks
  • Policy analysis for industry
  • Professional associations and governmental bodies
  • Teaching and research positions in academic institutions
  • Non governmental organisations
  • Economic evaluation of products in the pharmaceutical industry.

Job destinations

Examples of where our recent graduates (from all MSc Economics courses) are now working:

  • Data analyst, Abacus International
  • National Institute for Health and Care Excellence (NICE)
  • Research Analyst, Optum
  • Research Analyst, IMS Health
  • PhD in Health Economics (several: Sheffield, Warwick, York, UCL)
  • Health outcomes advisor, Research International
  • Project leader, NHS Business Service Authority
  • Health economy liaison manager, Kovis d.o.o
  • Research executive, Eli-Lilly
  • Research Analyst, Office of Health Economics
  • Database office health economist, United Nations Development Programme
  • Senior health economist, Fidelity
  • Customer relations officer, Oxford Outcomes Ltd
  • Research Analyst and Modeller, Abacus International Ltd
  • Senior health liaison manager, Gallaher Ltd
  • Project manager, IM Health
  • Commercialist, Johnson and Johnson
  • Analyst, Network Rail
  • Marketing executive, Novo Nordisk
  • Assistant Director of performance and planning, Suits You
  • Collection agent, Synovate
  • Economist, Tomtah.

Training Course Content

This course aims to give you an understanding of the economic context within which economic evaluation takes place, familiarise you with key economic issues confronting health systems and provide you with the tools and methods to analyse the economic causes and implications of health care issues.

This course is aimed at students that have an economics background as it requires taking the Econometrics and Microeconomics modules.

Core modules:
  • Economic evaluation
  • Health economics
  • Advanced economic evaluation in healthcare
  • Econometrics
  • Microeconomics
Elective modules:
(You take two of the following):
  • Economics of regulation
  • Economics of competition
  • Applied competition policy
  • Economic evaluation workshops
  • Welfare economics
  • Epidemiology
  • Game theory
  • The economics of micro-finance.

Additional requirement:


This course is designed to be flexible in the range of teaching methods used. You will be taught through a mixture of lectures, seminars, student presentations, analysis of case studies and interactive computer-based exercises, particularly in relation to the quantitative elements of the course.

The course has just over 220 formal contact hours. Each module has three hours of instruction for ten weeks, plus approximately ten hours will be spent with your supervisor at various stages of the dissertation. Three hours teaching time is allocated for each session of each module. However, this will not necessarily involve three hours of lecturing, as time is also set aside for workshops and tutorials. You can use the rest of the day to use the library and computing facilities, and for doing other course-related work.



The cost of the programme is:

  • Full-time EU: £10,000
  • Part-time EU: £5,000 per year
  • Full-time Non EU: £14,000
  • Part-time Non EU: £7,000 per year



  • International students who apply for this course will be eligible for a £1,500 scholarship on a first-come first-served basis. All international applicants to this course will be automatically considered for this scholarship.
  • International students can also apply for the School of Arts and Social Sciences International Excellence Scholarship for this course.

Capacity Building in Health Economics (National Institute of Health Research, NIHR) studentships:

  • Studentships are available for two full-time UK/EU students who aim to develop their professional career in the UK. The studentship covers the tuition fees in full in addition to a bursary of £15,590 that will be paid in 12 monthly installments.
  • We will consider both fresh graduates - especially in Economics - and candidates with work experience. An excellent undergraduate degree is essential whilst candidates already holding a postgraduate degree/PhD are also welcome to apply.
  • How to apply: To apply you need to hold an unconditional offer for the MSc in Health Economics. Please submit a statement arguing why you think you are a good candidate for the funding and a few words about your future career plans. You can submit the statement with your course application or, if you prefer, after receiving an offer (if you are successful with your application) directly to Madina Howard.

  • The deadline for submitting an NIHR scholarship is 7th of July, 2015.


  • Graduate Loyalty Discount: The School of Arts & Social Sciences offer a 10% discount on tuition fees for all City graduates.
  • Every year the Marjorie Deane Financial Journalism Foundation offers one or two studentships, worth roughly £10,000 each, to students who have been accepted to do a Masters degree in Economics or Finance at a top UK university. The Foundation tends to favour applicants who have an interest in going into journalism, though this should not preclude others from applying.

About provider

City University London

City University London

City, University of London is a special place. With skill and dedication, we have been using education, research and enterprise to transform the lives of our students, our community and the world for a hundred years. We are proud of...

Read more and show all courses with this provider

Contact info

City University London

Northampton Square
EC1V 0HB London

 Show phone number

U.K. L&D Report: 2018 - Benchmark Your Workplace Learning Strategy

Are you curious about the L&D strategies of some of the U.K.'s top companies?

Find out what they're up to in findcourses.co.uk's second annual U.K. L&D Report!


Learn more

Find a course for you!

  Read the course
 summary on this page

 Fill in your details and Request information

 Receive all the info you need

Find more courses here