About This Masters Degree
The MSc is designed to meet the demand for health economics’ quantitative, theoretical 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 an economics background interested in developing a career as a health economist working for the public and private sectors, as well as international health organisations and NGOs.
ObjectivesThe aim of this course is to develop your analytical and modeling abilities and enable you to apply microeconomics and econometrics tools to understand the health care sector and the demand for health. This course will provide you with the experience and the skills you need to work as a health economists in private or public of institutions doing health economics.
PlacementsCompanies and organisations are invited to meet our 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 facilitiesYou 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 learningThe 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.
AssessmentThe teaching takes place over two terms, from September to June. Full time: 20 weeks of lectures plus dissertation/literature review 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 literature review/dissertation. Full-time students who successfully complete the taught modules in the August re-sit exam session will submit their literature review/dissertation in December.
Part time: 20 weeks of lectures plus dissertation/literature review 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 literature review/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 literature review/dissertation. Part-time students who successfully pass all the taught modules in August will submit in March of the following year.
ModulesThe teaching takes place over two terms from September to June. Full-time students who pass all the taught modules during the main exam sessions finish the programme at the end of September when they submit their dissertation or literature review. Full-time students who successfully complete the taught modules in the August resit exam session submit their dissertation or literature review in December.
Note: for part-time students, the modules are taught on weekdays during the daytime, alongside the students who are studying on the full-time Master’s programme. Please contact us for further details.
We are introducing a revised programme structure for students who join from September 2016. You will take three core modules, then subsequent modules are tailored to your chosen pathway.
Core modules for all students
-Economic Evaluation (15 credits)
-Advanced Economic Evaluation (15 credits)
-Health Economics (15 credits)
Core modules for the dissertation path
-Microeconomic Theory (30 credits)
-Econometrics (30 credits)
-Economics Research Project (60 credits)
Core modules for the literature survey path
-Microeconomic Analysis (30 credits)
-Quantitative Methods Health (30 credits)
-Economics Literature Survey (30 credits)
Elective Modules - on the Dissertation route you will take one elective, on the literature survey route you will take three.
-Economic Evaluation Workshops (15 credits)
-Welfare Economics (15 credits)
-Epidemiology (15 credits)
-Development Economics (15 credits)
-Economics of Regulation and Competition (15 credits)
-The Economics of Micro-Finance (15 credits)
-Experimental Economics and Game Theory (15 credits)
-History of Economic Thought (15 credits)
Career prospectsThis MSc prepares you for career opportunities in economic consultancies, think-tanks, the pharmaceutical industry, professional associations, governmental bodies and non-governmental organisations.
It also prepares you for a PhD in health economics, or 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 London and Warwick.
Health Economics - MSc
page on the City, University of London website for more details!
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) or mathematics. Students with other backgrounds and/or a good lower second class degree might be considered on a case-by-case basis and their experience taken into account.