Master of Health Economics

Turn data into evidence-based decisions that influence positive change in the healthcare system by studying the Master of Health Economics. Graduate with advanced skills in resource allocation and economic modelling, and use your expertise to inform policy and health practices on a global scale.

Are you ready to realise your career potential by joining one of the largest and most prominent health economics programs in Australia?

The Master of Health Economics is designed for clinical and non-clinical health professionals who want to improve healthcare systems from the top down. It’s also ideal for those from finance backgrounds hoping to use their knowledge of economics to create healthier, happier communities. If you’re looking for a health economics program that’s well-established, renowned for its academic research and led by teachers at the very forefront of the field, this is the course to take your career forward.

At its core, the course teaches you how to maximise health benefits and outcomes from available resources. To do this, you will develop expertise across a number of specialised skills, including:

• resource allocation
• economic modelling and evaluation
• health technology assessment
• priority setting
• healthcare financing
• policy analysis.

These techniques arm you with knowledge that allows you to make evidence-based decisions that improve the way healthcare systems operate. These are skills that are crucial to your career success. You might be asked to prepare a cost-benefit analysis comparing two different pieces of medical equipment; or you might employ economic modelling to shape health insurance policies that impact thousands. You will graduate with the ability to critically evaluate current research in economic policy, understand the complexities of healthcare financing and make influential contributions to health policy development and debate. Whatever challenges your future role throws at you, you will have the skills needed to make confident, informed choices.

Practical learning opportunities further prepare you for your rise through the sector. Through the course’s project component, you will work with Deakin Health Economics’ active research team to contribute to ongoing research in economic evaluation, finance or policy. There are minor and major research options available, each of which train you in the critical analysis, communication and data translation skills demanded of the modern health economist.

The work-integrated learning elective Postgraduate Health Practicum is a highlight of the course and allows you to undertake 150 hours of industry experience. This can be an agency-based work placement with an approved organisation, or agency-sponsored work based at the Deakin Freelancing Hub. Placement provides valuable professional development opportunities, while giving you the chance to apply your new skills in an area of health you’re passionate about. You will also get to work alongside experienced economists and build networks that kickstart your career growth once you graduate.

Throughout the course you will be guided by some of the brightest and most experienced health economics academics in the country. Our team is one of the largest in Australia and all our academics are active contributors to the field. The insights gathered from their work and research feeds back into the course, ensuring content is fresh, authentic and relevant to the needs of the sector. We have academics embedded in many renowned healthcare organisations and institutes, across many different roles, so you will have access to the perfect mentor no matter your interests and career aspirations.

• Begin the application process

  We have a network of experienced authorised agents around the world who can help you through the application process. They are trained to provide advice and information on Deakin University and our degrees. Find out if you need to use a Deakin authorised agent to submit your application.

• Check entry requirements

  Entry requirements differ depending on your degree or country of residence. Before starting your application, read through the entry requirements on the course page entry requirement tab.

  Need to improve your English language skills?

  You can enrol at the Deakin University English Language Institute and study a course to improve your English language skills. If you pass, this can help you get into most Deakin degrees. Please note, this page is available in both Indonesian and Vietnamese.

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• Certify supporting documents

  Most documents need to be certified. For example, award certificates, academic transcripts and your identity papers (passport). Documents in languages other than English will also need to be translated. Take the original document and a photocopy to an authorised person (for example, justice of the peace, public notary, member of the police force or Australian lawyer), to sign.

  Be sure to attach all requested supporting documentation, otherwise your application could be delayed. If you get your application in early, this gives us more time to arrange visas and accommodation if you need them.

• Submit your application

  Depending on your nationality and country of residence, you can submit your application directly to Deakin through our online international student application service StudyLink Connect or through a Deakin authorised agent.