Health Economics and Decision Modelling

University of Sheffield

United Kingdom, Sheffield

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105

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Home/United Kingdom/Sheffield /University of Sheffield/Health Economics and Decision Modelling

University of Sheffield

United Kingdom , Sheffield

Key Facts

Program Level

Master by Course Work

Study Type

Full Time

Delivery

On Campus

Campuses

Main Site

Program Language

English

Start & Deadlines

Next Intake DeadlinesSeptember-2026

Apply to this program

Go to the official application for the university

Duration 1 year(s)

Tuition Fee

GBP 30,625 / year(s)

Next Intake September-2026

Health Economics and Decision Modelling

About

Course description

This course is about evaluating the efficiency, cost-effectiveness and clinical outcomes of healthcare resources – from new drugs and public health initiatives to diagnostic tools and screening programmes. It is designed to equip students with the practical tools to inform healthcare policy and decision-making and help people live healthier lives.

You can study economics concepts that are key to understanding the healthcare sector, and explore the process of conducting economic evaluations, modelling the cost-effectiveness of healthcare interventions, and carrying out health technology assessments. The course also covers medical statistics and evidence synthesis in the context of clinical trials, and how mathematical modelling and simulations inform healthcare decision making.

There is also training in research methods and, if you do the MSc programme, a three-month research project based on the models and healthcare problems you’ve studied. This gives you the opportunity to lead your own study in an external organisation, such as an academic unit, the NHS or in industry.

Disciplines

Faculty of Medicine

Dentistry and Health

School of Health and Related Research

Requirements

Entry Requirements

Entry requirements

Minimum 2:1 undergraduate honours degree in a relevant subject with relevant technical modules or a Medical degree.

Subject requirements

We accept degrees in the following subject areas:

Computer Science
Economics
Industrial Engineering
Management
Mathematics
Operational Research
Pharmacy
Physics
Statistics
Systems and Control Engineering

Module requirements

You should have studied at least two Mathematics modules from the following areas:

Econometrics
Economics
Macroeconomics
Mathematics
Microeconomics
Statistics

We may also consider other related modules

We also consider a wide range of international qualifications:

Entry requirements for international students

We assess each application on the basis of the applicant’s preparation and achievement as a whole. We may accept applicants whose qualifications don’t meet the published entry criteria but have other experience relevant to the course.

The lists of required degree subjects and modules are indicative only. Sometimes we may accept subjects or modules that aren’t listed, and sometimes we may not accept subjects or modules that are listed, depending on the content studied.

English language requirements

IELTS 6.5 (with 6 in each component) or University equivalent.

Other English language qualifications we accept

If you have any questions about entry requirements, please contact the school/department.

English Program Requirements

IELTS 6.5 (with 6 in each component) or University equivalent.

Other English language qualifications we accept

Pathway programme for international students

If you're an international student who does not meet the entry requirements for this course, you have the opportunity to apply for a pre-masters programme in Science and Engineering at the University of Sheffield International College. This course is designed to develop your English language and academic skills. Upon successful completion, you can progress to degree level study at the University of Sheffield.

If you have any questions about entry requirements, please contact the school/department.

Career

Your career

Graduates from this course are well-prepared for roles in

health economics consultancies that conduct health technology assessment projects for governments, reimbursement agencies and other clients outside of academia
Health economics and decision science research groups in academia, working on projects for a range of clients as a modeller or health-economic analyst – many graduates from this course have gone on to work here at the University of Sheffield, the pharmaceutical industry, in a health economics or reimbursement team
government and other health policy organisations such as the National Institute for Health and Care Excellence (NICE)
health insurance companies
healthcare providers and purchasing organisations

The course is also great preparation for further training or a PhD in modelling, health economics or a related topic such as informing trial design.

The modelling and quantitative skills you will develop in this course also mean you will be well-equipped to work in a government agency, such as the UK’s Government Operational Research Service, or in quantitative or modelling roles in the private sector.