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Health Economics (MSc)

Course Description

The demand for specialists in health economics continues to increase as the demand for more advanced and expensive healthcare puts pressure on policy decision makers and healthcare industry managers.

The Health Economics MSc is designed to meet demand by introducing you to the way in which microeconomics principles and concepts can be applied to the analysis of decisions by consumers, firms and governments regarding health and healthcare.

Visit the website http://www.city.ac.uk/courses/postgraduate/health-economics

Course Content

The Health Economics 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.

Course Structure

The teaching takes place over 2 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.

Students take 1 of the following 2 paths:

- Dissertation path: 120 credits from taught modules and 60 credits from a dissertation
- Literature survey path: 150 credits from taught modules and 30 credits from a literature survey

Additional requirement:
Conditional on progress, during the Summer months you can choose between writing a dissertation, or writing a systematic literature review and extra elective.

‌• Read the full 2015 programme specification - http://www.city.ac.uk/__data/assets/pdf_file/0004/274603/PSHEEC-MSc-Health-Economics.pdf

Teaching and Assessment

- Teaching
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 MSc Health Economics 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.

- Assessment
We will assess you by coursework and examinations. At postgraduate level, you are required to obtain (1) a minimum mark of 40 percent in all assessment components, and (2) a weighted average of 50 percent in total.


For up-to-date information about tuition fees, living costs and financial support, visit Postgraduate Fees and Finance http://www.city.ac.uk/study/postgraduate/funding-and-financial-support


‌•Graduate Loyalty Discount: The School of Arts & Social Sciences offer a 10% discount on tuition fees for all City graduates - http://www.city.ac.uk/alumni/recent-graduates/graduate-loyalty-discount
‌•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. For further information, please see the Marjorie Deane website at http://www.marjoriedeane.com


We work with organisations to help you get internships during the period in which you are writing your final dissertation.

Career Prospects

The MSc 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.

English Requirements

Please visit this link and scroll to the bottom of the page - http://www.city.ac.uk/courses/postgraduate/health-economics

Visit the Health Economics (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 either of the following: a 2.1 (or equivalent) undergraduate degree in economics or related discipline (e.g. Finance); a 2.1 (or equivalent) undergraduate degree in business, management, politics, law, accounting, psychology, quantitative sociology or financial journalism.a 2.1 (or equivalent) undergraduate degree in a quantitative discipline (such as mathematics, engineering, computer science or a natural science). Students with a good 2.2 in one of the above disciplines might be considered on a case-by-case basis.

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