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Economic Evaluation in Healthcare - MSc

Course Description

The MSc is designed to meet the demand for health economics’ quantitative and analytical skills for decision-making in the healthcare sector, both in developed and in developing countries.

Who is it for?

This course is designed for anyone with a quantitative background interested in developing a career as a health economist working for the public or private sector. Typical backgrounds of students comprise medical sciences, economics, pharmacy, biology and other.

This course will enable you to change the direction of your professional career towards health economics.


The aim of this course is to develop you’re your analytical and modeling abilities, as well as to provide you with the background and theoretical foundations of health economics. This course will provide you with the experience and the skills you need to work as a health economists in a pharmaceutical company; and in private or public of institutions.


Companies and organisations are invited to meet students and propose subjects for their dissertation to be done during a placement. Organisations and students liaise directly with the approval of the academic supervisor. Placements can be for instance with Boehringer-I, Janssen –Cilag, Eli Lilly, Campbell Aliance, Office of Health Economics, Otsuka, Celgene, Curo, IMS Health, and many others.

Placements provide a unique opportunity to apply the skills learned during the MSc and acquire experience in the workplace.

Academic facilities

You will benefit from state of the art student-geared facilities, including a bright new gym and meeting points. Most importantly, you will benefit from City’s central London location.

Teaching and learning

The course is taught by research active academic staff, teaching assistants and industry and visiting lecturers.

We also have invited speakers that come to present specialised topics in health economics. Assessments are typically a combination of unseen written examinations (70% for each module) and coursework (30% for each module) but this can vary by module.

About two thirds of our students secure a placement at a firm. The placement is used to learn about the sector while writing the dissertation

Full and part time assessment
The teaching takes place over two terms, from September to June. Full time: 20 weeks of lectures plus dissertation and examination periods over one year. Full-time students who pass all the taught modules during the main exam sessions will finish the programme at the end of September, when they submit their dissertation. Full-time students who successfully complete the taught modules in the August re-sit exam session will submit their dissertation in December.

Part time: 20 weeks of lectures plus dissertation and examination periods spread over one year and 3 months. Part-time students complete all modules over the course of four terms, from September to June, before undertaking their dissertation. Part-time students who successfully pass all the taught modules during the main exam sessions will finish the programme in December, when they submit their dissertation. Part-time students who successfully pass all the taught modules in August submit in March of the following year.


You will complete 180 credits. This includes modules worth 120 credits: one module worth 30 credits and six modules worth 15 credits. The research project is worth 60 credits.

Each module typically has a weekly two-hour lecture and a one-hour tutorial, but this may vary. This course is taught on Thursdays and Fridays only. A full-time student can expect to spend all Thursday and all Friday at City, for 10 or 11 weeks in the Autumn term and the Spring term.

Note: It is not possible to give exact hours per week because these can vary from one term to the other, depending on which electives you choose.

Part one: route core module
-Quantitative methods (Health) (30 credits)
-Advanced Economic Evaluation in Health Care (15 credits)
-Economic evaluation (15 credits)
-Economic evaluation workshops (15 credits)
-Welfare economics (15 credits)
-Epidemiology (15 credits)
-Health Economics (15 credits)

Part two: route core module
-Economics research project (60 credits)

Career prospects

This MSc prepares you for career opportunities in economic consultancies, think-tanks, the pharmaceutical industry, professional associations, governmental bodies and non-governmental organisations and teaching and research positions in academic institutions.

Examples: Abacus International, NICE, Optum, IMS Health, Research International, NHS, Kovis, Eli-Lilly, OHE, United Nations, Fidelity, Oxford Outcomes, Gallaher, Johnson&Johnson, Novo Nordisk, Synovate, Tomtah, as well as PhDs at UCL, York, City, University of London and Warwick.

Visit the Economic Evaluation in Healthcare - MSc page on the City, University of London website for more details!

Student Profiles

School of Arts & Social Sciences Postgraduate Scholarship Scheme - No. of awards TBC

The School of Arts and Social Sciences is delighted to offer a number of scholarships for postgraduate students. The scholarships are worth £2,000 towards tuition fees awarded on the basis of academic merit and applicants' personal statements.

Value of Scholarship(s)

Worth up to £2,000


In order to be eligible for the scholarship, applicants must:
- be a self-funded student and not in receipt of any other scholarships;
- be a full or part-time student;

Application Procedure

Applicants who meet our entry requirements will be automatically considered for a non-means tested scholarship as part of the application process.

Further Information


Entry Requirements

You should have: Some mathematical background (A-level, IB, AP or any other equivalent secondary school qualification), AND: An upper second class (or equivalent) undergraduate degree in economics or related discipline (e.g. Finance); pharmacy, medicine, biology; and mathematics. Students with a good lower second class in one of the above disciplines might be considered on a case-by-case basis.

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Recipient: City, University of London

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