Health Economics and Decision Modelling
School of Health and Related Research,
Faculty of Medicine, Dentistry and Health
On this course you’ll study a growing area with a worldwide demand for qualified specialists.
The importance and use of health technology assessment and health economic modelling is rapidly increasing. This course helps you to become highly employable by developing the analytical skills required to evaluate the clinical outcomes and cost-effectiveness of health technologies such as new drugs, public health initiatives, screening programmes and diagnostic tools.
Sheffield has nine professors of health economics and decision sciences, including the world-renowned Prof John Brazier and in Professors Alan Brennan, Jim Chilcott and Matt Stevenson who are some of the most experienced health economic modelling experts in the country. You'll develop the transferable skills and knowledge to work anywhere in the world as a professional decision-analytic modeller or health economist.
Continuing Professional Development
All modules on this course can be studied as standalone CPD modules. It is possible to complete standalone modules and then apply to transfer to an MSc/PGDip/PGCert qualification. Any time spent on the CPD route counts toward the time-limit a student has to complete their chosen qualification.
The content of our courses is reviewed annually to make sure it's up-to-date and relevant. Individual modules are occasionally updated or withdrawn. This is in response to discoveries through our world-leading research; funding changes; professional accreditation requirements; student or employer feedback; outcomes of reviews; and variations in staff or student numbers. In the event of any change we'll consult and inform students in good time and take reasonable steps to minimise disruption. We are no longer offering unrestricted module choice. If your course included unrestricted modules, your department will provide a list of modules from their own and other subject areas that you can choose from.
You’ll be taught through lectures, seminars, tutorials and independent study.
Assessment is by coursework, examinations and a dissertation.
- 1 year full-time
- 2/3 years part-time
You will find career opportunities exist around the world (including the UK, Europe, USA, Australia, Africa, and Canada) in:
- health-economics related consultancies that conduct health technology assessment projects for governments, reimbursement agencies or other clients outside of academia
- health economics and decision science groups within academia – as a modeller or health-economic analyst working on projects for a range of clients – HEDS itself often employs graduates from the course
- academia studying for a PhD in modelling, health economics or related disciplines such as informing trial design
- the pharmaceutical industry in a health economics or reimbursement team
- government or other health policy organisations such as NICE
- health insurance companies
- healthcare purchase or provider organisations
Outside of the field of health economics and health technology assessment, graduates will be well equipped with quantitative and modelling skills sought for jobs within government agencies such as the Government Operational Research Service (GORS) and quantitative or modelling roles within the commercial sector.
This course helped me get up to speed on health economics modelling terminology and techniques fast enabling me to progress considerably more quickly than would have been the case without.
MSc Health Economics and Decision Modelling graduate
2:1 honours degree in a numerate subject such as economics, operational research, mathematics, statistics, pharmacy, industrial engineering, management science, physics, pharmacy or systems control.
Overall IELTS score of 6.5 with a minimum of 6.0 in each component, or equivalent.
If you have any questions about entry requirements, please contact the department.
Fees and funding
You can apply for postgraduate study using our Postgraduate Online Application Form. It's a quick and easy process.
+44 114 222 5454
Any supervisors and research areas listed are indicative and may change before the start of the course.
Recognition of professional qualifications: from 1 January 2021, in order to have any UK professional qualifications recognised for work in an EU country across a number of regulated and other professions you need to apply to the host country for recognition. Read information from the UK government and the EU Regulated Professions Database.