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  1. Health Economics
    1. 2017
    2. 2018
Courses

MSc Health Economics

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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.

Key Information

Start date

September 2017

Duration

Full-time: one year
Part-time: two years

UK/EU

Full-time: £10,500

Part-time: £5,250 per year

Non-EU

Full-time: £15,000

Part-time: £7,500 per year

Application period

Until There is no fixed application deadline. However applications will close when the course is full, so we encourage you to apply early.

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.

Objectives

The 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.

The Department of Economics hosts both the City Health Economics Centre (CHEC) and the London Health Economics Group (LHEG)

The course has been awarded two studentships per year for three years from 2017-2018 to 2019-2020, funded by the National Institute for Health Research (NIHR).

Requirements and how to apply

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) 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.

You must also meet the English language requirement for the programme.

INTO City, University of London

Don’t meet the entry requirements? INTO City, University of London offers a range of academic and English language programmes to help prepare you for study at City, University of London. You’ll learn from experienced teachers in a dedicated international study centre.

These programmes are designed for international students who do not meet the required academic and English language requirements for direct entry. To prepare for this degree course, learn more about the Graduate Diploma in Social Sciences and the Arts.

Kaplan International College London

City works in partnership with Kaplan International College (KIC) London to provide preparatory courses for international students. Pre Masters courses at KIC London offer comprehensive support to students wishing to complete their postgraduate study at City. Progression to this degree is guaranteed if you complete the KIC London Pre-Masters course at the required level.

English requirements

If English is not your first language you will need the following qualification:

  • IELTS with an overall score of 6.5 (with a minimum of 6.0 for each sub-test) OR
  • A first degree from a UK university or an overseas institution recognised by City as providing adequate evidence of proficiency in the English language, for example, from institutions in Australia or the USA.

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.

All applicants that require a Tier 4 visa must meet the minimum Home Office English Language ability requirements before City can issue the Certificate of Acceptance for Study (CAS) that is needed to apply for a Tier 4 visa.

INTO English language programmes

Don’t meet the English language requirements? INTO City, University of London offers English language programmes to help prepare you for study at university. These intensive and flexible courses are designed to improve your English ability for entry to degree courses.

Visa requirements

If you are not from the European Economic Area / Switzerland and you are coming to study in the UK, you may need to apply for a visa or entry clearance to come to the UK to study.

The way that you apply may vary depending on the length of your course. There are different rules for:

  • Students on courses of more than six months
  • Students on courses of less than six months
  • Students on a pre-sessional English language course.

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

For more information see our main Visa page.

How to apply

100%
of graduates responding to the 14/15 DLHE survey were in employment 6 months after graduation.
16th
in the UK for Economics.
6
dedicated research active staff within Health Economics centre.

More about fees

Funding

Explore up-to-date information about funding options, available financial support and typical living costs.

Future Finance Loans

Future Finance offers students loans of between £2,500 and £40,000 to help cover tuition fees and living expenses. All students and courses are considered. All loans are subject to credit checks and approval for further details please visit the City Finance website.

Scholarships

National Institute for Health Research Studentship

There are two NIHR studentships available this year. The studentship covers the full tuition costs of the programme and pays a monthly stipend of £1358 (over twelve months).

To be eligible for the NIHR studentship, you must be a UK or EU citizen and hold either a conditional or unconditional offer to study MSc Health Economics on the Dissertation Path.

In order to apply for the studentship, you must submit a 500 word personal statement to Linda.Borscika@city.ac.uk outlining the reasons why you feel you are a suitable candidate.

The deadline is midnight, July 27th, 2017

The School of Arts and Social Sciences Scholarships 2017/18

The School of Arts and Social Sciences is delighted to offer a number of UK scholarships for this course. The scholarships are worth £2,000 towards tuition fees awarded on the basis of academic merit and applicants' personal statements. Applications are now closed and successful applicants will be notified in May 2017.

Find out more about Scholarships for the Arts and Social Sciences.

Alumni views

MSc Health Economics – Jameel’s story

Jameel completed the MSc Health Economics and now works at Astellas Pharma Europe as the Director of Health Economics and Outcomes Research . He talks about how his time at City helped him get where he is now and how the field of Health Economics is advancing.

Placements

Companies 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 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.

Learn a language for free

We offer a free language course for City, University of London students.

Find out how to apply

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.

Pre-sessionals

Pre-sessional activities covering Micro-and Macroeconomics, Stata, Excel, Probability and Mathematics run in September before the start of term. These are available for all students who secure a place on the MSc Health Economics course. Pre-sessionals are included in your degree fee and are designed to prepare you for the course. We therefore strongly encourage you to make every effort to attend. Dates of the sessions are as follows:

  • Stata – 23rd September 2017
  • Mathematics – 26th September 2017
  • Microeconomics – 27th September 2017
  • Excel - 28th & 29th September 2017
  • Probability – 30th September 2017
  • Macroeconomics – 1st October 2017

Please note that you are not required to register for the above pre-sessionals, you just need to turn up on the day. Further information such as the exact times and locations will be provided in your induction schedule.

Assessment

The 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.

Staff at City, University of London

Professor Mireia Jofre-Bonet
Dr Agne Suziedelyte
Dr Victoria Serra-Sastre

List of collaborators

Our MScs in Economic Evaluation and Health Economics benefit from invited lectures, modules and seminars from an extensive list of collaborators, from the industry and other institutions including:

Prof. John Appleby (Nuffield Trust)
Anthony Bentley (Mtech Access)
Prof. John Cairns (London School of Hygiene and Tropical Medicine)
Prof. Nancy Devlin (Office of Health Economics and Hon Professor at City)
Prof. Michael Drummond (York University and Hon Prof at City)
Mr. Alastair Fischer (formerly NICE, then OHE)
Prof. Malcolm Law (Epidemiology, Queen Mary University of London)
Dr Jorge Mestre-Ferrandiz (Expert in Pharmaeconomics, formerly OHE now Independent Consultant)
Prof. David Parkin (Office of Health Economics, Hon Prof at City)
Dr Juliet Mumby-Croft (Director of Source HEOR)

Modules

The 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 plus the following depending on your path:

  • Dissertation path: you take two additional core modules (ECM302 Microeconomic Theory and ECM308 Econometrics) and one elective module alongside the Dissertation (Economics Research Project ECM306 60 credits)
  • Literature survey path: you take two additional core modules (ECM301 Microeconomic Analysis and ECM304 Quantitative Methods (Health)) and three elective modules alongside the Economics Literature Survey (ECM307 30 credits)

Each module typically has a two-hour lecture and a one-hour tutorial each week, but this may vary. It is not possible to give exact hours per week, as these can vary from one term to the other depending on which electives you choose.

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.
  • Health Economics
  • 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)
  • Academic expert
    Professor in Economics working in the School of Arts and Social Sciences.
  • Academic expert
    Lecturer in Economics working in the School of Arts and Social Sciences.
  • Academic expert
    Lecturer in Economics working in the School of Arts and Social Sciences.
  • Alumni - Research Analyst
    I found City was one of the few universities in the UK that offered a health economics course that's designed primarily for non-economists, like me.

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.

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.

Application Deadline

There is no fixed application deadline. However applications will close when the course is full, so we encourage you to apply early.


Contact details

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