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Health Economics  MSc

Overview

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.

Professor Mireia Jofre-Bonet talks about the benefits of studying MSc Health Economics


HTA inSiteThe City Health Economics Centre of City University London jointly with the Office of Health Economics and Abacus International owns the portal HTA inSite, which gives access to NICE decisions.

Course Fees:

  • Full-time EU: £10,500
  • Part-time EU: £5,250 per year
  • Full-time Non EU: £15,000
  • Part-time Non EU: £7,500 per year
More...

Start Date:

September 2016

How to Apply

Entry Requirements

Pre-requisites

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.

Other Suitable Qualifications

Economics pre-sessional courses

Before the course starts, we provide a refresher in microeconomic principles, mathematics and statistics. It is strongly recommended that you attend these courses.

Kaplan International College (KIC) London

Additionally, the University works in partnership with KIC London to provide preparatory courses for international students. Foundation and Pre Masters courses at KIC London offer comprehensive support to students including regular one-to-one tuition. Progression to the University is guaranteed if you complete the KIC London course at the required level.

English Requirements

  • IELTS: an overall score of 6.5 (with a minimum of 6.0 for each sub-test)

INTO English language programmes

If you need to improve your English language skills before you enter this course, INTO City University London offers a range of English language courses. These intensive and flexible courses are designed to improve your English ability for entry to this degree. Please click the links below for more information:

Exemptions

If you are a citizen of, or undertook your Bachelors degree in, one of the following countries, you are exempt from the requirement to provide proof of English language proficiency:

  • Antigua and Barbuda
  • Australia
  • The Bahamas
  • Barbados
  • Belize
  • Canada
  • Dominica
  • Grenada
  • Guyana
  • Jamaica
  • New Zealand
  • St Kitts and Nevis
  • St Lucia
  • St Vincent and the Grenadines
  • Trinidad and Tobago
  • UK
  • The United States of America

The above is a list of UKBA designated majority English-speaking countries. For more information see http://www.ukba.homeoffice.gov.uk/visas-immigration/studying/adult-students/can-you-apply/english-language/#

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.

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 6 months
  • Students on courses of less than 6 months
  • Students on a pre-sessional English Language course

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

For more information see our main Visa page.

When and Where

Start Date:
September 2016
Duration:

Full-time - one year. Part-time - two years (with an additional three months to submit dissertation, if required)

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

Core modules for all students:

Core modules for the dissertation path:

Core modules for the literature survey path:

  • Microeconomic Analysis (30 credits)
  • Quantitative Methods (30 credits)

Elective Modules - one to be taken by dissertation path students, three to be taken by literature survey path:

Route Core Module:

  • Economics research project OR Economics 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.

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.

Read the full 2015 programme specification.

Fees

  • Full-time EU: £10,500
  • Part-time EU: £5,250 per year
  • Full-time Non EU: £15,000
  • Part-time Non EU: £7,500 per year

Funding

For up-to-date information about tuition fees, living costs and financial support, visit Postgraduate Fees and Finance.

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.

NIHR Research Methods Fellowship

Applications are invited for an NIHR research methods fellow based within the growing group of health economists at the Cambridge Centre for Health Services Research, University of Cambridge.

The fellow will split their time between an MSc in Health Economics or Economic Evaluation at City University, London, and working as a research assistant at CCHSR in Cambridge.  The post is available for two years full time (part time options available for both the fellowship and MSc).  Appointment is conditional on an offer of a place on the MSc at City University.

Find out more about the Fellowship and application process.

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. The monthly stipend has not been confirmed yet, however, last year it was £1320 and we expect it to be around the same this year.

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 and you must choose the dissertation path.

In order to apply for the studentship, you must submit a 500 word personal statement to Stephen.Higgin.2@city.ac.uk outlining the reasons why you feel you are a suitable candidate.

The deadline is midnight, July 1st, 2016.

Bursaries

  • 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.

Placements

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.

Application Deadline

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


MSc Health Economics

To apply you will need to submit:

  • An application form
  • A personal statement explaining why you want to take this course and how your experience and academic qualifications make you a suitable applicant
  • An official copy (and certified English translation if relevant) of your undergraduate academic transcript, or a provisional transcript and translation if you have not yet completed your undergraduate degree
  • An official copy (and certified English translation if relevant) of your undergraduate degree certificate (if this is available)
  • If you have undertaken a postgraduate degree, an official copy (and certified English translation if relevant) of your postgraduate academic transcript and degree certificate
  • A copy of your passport

You can submit the following later if it is not yet available:

  • Proof of meeting the English language requirement: proof of being a national of a country on the list of majority English-speaking countries; a certificate for a degree studied in a country on the list of majority English-speaking countries; or a copy of your IELTS results

The Department of Economics does NOT require references when you submit your application. However, the Admissions Tutor might request them at a later date to help make a decision on your application.

Application Forms

We strongly encourage you to apply online and upload scanned copies of your supporting documents:

If you are unable to apply online, you can download the application form here: