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  1. Economic Evaluation in Health Care
  2. 2018

MSc Economic Evaluation in Health Care

Develop the quantitative and analytical skills that are highly sought-after for decision-making in the healthcare sector in developed and in developing countries.

Key Information

Start date

September 2018


Full time: 12 months

Part time: 15 months


Full-time: £10,500

Part-time: £5,350 per year


Full-time: £15,000

Part-time: £7,500 per year

Application period

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

Who is it for?

The demand for specialists in health economics continues to increase. Whether you have a quantitative, sciences’ or economics background, the MSC in Economic Evaluation in Healthcare is designed to help you meet that demand.

From economic evaluation, health economics and quantitative methods to welfare economics and epidemiology, this course will give you the expertise to pursue a rewarding career in health economics.


This course has been designed to meet the demand for health economics’ quantitative and analytical skills for decision-making in the healthcare sector.

The Economic Evaluation in Healthcare MSc helps you:

  • Develop your analytical and modelling abilities.
  • Understand the background and theoretical foundations of health economics.
  • Recognise the conceptual bases for economic evaluation and advanced quantitative methods relevant to healthcare decision-making.
  • Gain the skills and the experience you need to work as a health economist.

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

Requirements and how to apply

Entry requirements

You should have:

  • Some mathematical background (A-level, IB, AP or any other equivalent secondary school qualification)
  • An upper second class (or equivalent) undergraduate degree in economics or related discipline (e.g. Finance); pharmacy, medicine, biology; and mathematics.

Students with a good lower second class in one of the above disciplines might be considered on a case-by-case basis

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.

For more information see our main Visa page.

How to apply

of graduates responding to the 15/16 DLHE survey were in employment or further study 6 months after graduation
Launched in 1999
one of the longest-running Health Economics MSc in the UK
dedicated research-active staff within the Health Economics centre

More about fees

Fees in each subsequent year of study (where applicable) will be subject to an annual increase limited by the All Items Retail Prices Index. We will confirm any change to the annual tuition fee to you in writing prior to you commencing each subsequent year of study (where applicable).


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.

Alumni views

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 provide you with a unique opportunity to apply the skills you have learned during the MSc and acquire experience in the workplace.

Companies and organisations are invited to meet with you and propose subjects for your dissertation, which will be done during a placement. Organisations and students liaise directly with the approval of the academic supervisor.

Our students secure placements with a wide range of companies, such as:

  • Boehringer Ingelheim
  • Janssen-Cilag
  • Eli Lilly
  • Campbell Alliance
  • Office of Health Economics
  • Otsuka
  • Celgene
  • Curo
  • IMS Health
  • And many others.

Academic facilities

As a Master’s student at City, 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 speakers and visiting lecturers.

We have also invited speakers 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-sessional activities covering Statistics, Microeconomics, Stata, Excel and Mathematics run in September before the start of term. These are available for all students who secure a place on the MSc Economic Evaluation and Healthcare 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:

Statistics – date TBC

Mathematics – date TBC

Stata – date TBC

Excel – date TBC

Microeconomics – date TBC

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.

Full-time and part-time assessment

The teaching takes place over two terms, from September to June.

Full-time students take 20 weeks of lectures, plus dissertation 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 dissertation.

Full-time students who successfully complete the taught modules in the August re-sit exam session will submit their dissertation in December.

Part-time students take 20 weeks of lectures, plus dissertation and examination periods spread over one year and three months.

Part-time students complete all modules over the course of four terms, from September to June, before undertaking their 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 dissertation. Part-time students who successfully pass all the taught modules in August 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

As an Economic Evaluation in Healthcare MSc student at City, you will 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)


You will complete 180 credits. This includes modules worth 120 credits (one module worth 30 credits and six modules worth 15 credits). The research project is worth 60 credits.

Each module typically has a weekly two-hour lecture and a one-hour tutorial, but this may vary.

This course is taught on Thursdays and Fridays only. A full-time student can expect to spend all day Thursday and Friday at City, for 10 or 11 weeks in the Autumn term and the Spring term.

Please note: it is not possible to give an exact indication of hours per week, as these can vary from one term to the other, depending on which electives you choose.

Part one: route core module

You will take Quantitative Methods and Economic Evaluation on Thursdays during the first term and Health Economics and Advanced Economic Evaluation on Thursdays during the second term.

You will take Epidemiology on Fridays during the first term and Welfare Economics and Economic Evaluation Workshops (Modelling) on Fridays during the second term.

Part-time students will take only what is taught on Thursdays during the first year and what is taught on Fridays during the second year.

  • Quantitative methods (Health) (30 credits)
  • Advanced Economic Evaluation in Health Care (15 credits)
  • Economic evaluation (15 credits)
  • Economic evaluation workshops (15 credits)
  • Welfare economics (15 credits)
  • Epidemiology (15 credits)
  • Health Economics (15 credits)
  • Part two: route core module

    • Economics research project (60 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 a wide range of career opportunities in economic consultancies, think-tanks, the pharmaceutical industry, professional associations, governmental bodies and non-governmental organisations. It will also enable you to explore teaching and research positions in academic institutions.

    Our MSc Economic Evaluation and Healthcare graduates have gone on to work for companies such as:

    • 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

    The MSc also provides a solid academic foundation for students wishing to pursue doctoral research in economics. Our Master’s graduates have pursued PhDs at UCL, York, City, University of London and Warwick.

    95.6% of graduates in employment or further study six months after completing the course

    Contact details

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