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MSc Health Economics and Decision Modelling

University of Sheffield    School of Health & Related Research

Full time & Part time September MSc, PGDip, PGCert 1 year full time, 2-3 years part time

About the course

We tackle some of the world’s greatest health challenges to improve the health and care of people across the globe.

Course description

On this course you’ll study a growing area with a worldwide demand for qualified specialists.

The importance and use of health technology assessment and health economic modelling is rapidly increasing. This course helps you to become highly employable by developing the analytical skills required to evaluate the clinical outcomes and cost-effectiveness of health technologies such as new drugs, public health initiatives, screening programmes and diagnostic tools.

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Entry Requirements

2:1 honours degree in a numerate subject such as economics, operational research, mathematics, statistics, pharmacy, industrial engineering, management science, physics, pharmacy or systems control.

Entry requirements for international students

Overall IELTS score of 6.5 with a minimum of 6.0 in each component, or equivalent.

Other English language qualifications we accept

If you have any questions about entry requirements, please contact the department.


Home (2022 annual fee) : £10,800
Overseas (2022 annual fee) : £24,400

 Course Content

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Student Profile(s)

Dawn Lee

This course helped me get up to speed on health economics modelling terminology and techniques fast enabling me to progress considerably more quickly than would have been the case without.

Varun Mohan Kumar

“For anyone interested in understanding how resources need to be allocated within healthcare, especially given the multiple therapeutic choices coupled with finite budgets, this is the course to pursue.”
“It provides a solid foundation for health economics, and one can tap into the extensive knowledge of the teaching team as well the professional network the team can provide that can serve as either a launchpad or further evolve one’s passion and career in health policy.”

“I am from Chennai, India and embarked on my healthcare journey by training in medicine. I have always been enamoured by universal access to affordable care, which led me to pursue two graduate courses, one in public health, and the other in health economics and decision science at the University of Sheffield.”

“The variety and depth of topics covered on the course has been very useful. In addition to just teaching theory, the multiple practical sessions sets this course apart from other similar courses and at the time was enjoyable to undertake, besides being extremely helpful to fully understand concepts within health economics.”

Varun now works in the United States as a health economist. “I conduct economic evaluations as part of health technology assessments at the Institute for Clinical and Economic Review (ICER), an independent and non-partisan research organization that evaluates the clinical and economic value of health technologies including drugs, devices as well other healthcare delivery innovations.”

“In the future, I plan to further my knowledge in the field of decision sciences through more research and conducting economic evaluations, working with organizations such as ICER in order to improve access to care and enable affordable care.”


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Value of Scholarship(s)



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Application Procedure

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