Health Economics and Decision Modelling MSc 12 months Postgraduate Program By The University of Sheffield |Top Universities
Program Duration

12 monthsProgram duration

Tuitionfee

29,030 GBPTuition Fee/year

Scholarship

YesScholarships

Main Subject Area

Health/HealthcareMain Subject Area

Program overview

Main Subject

Health/Healthcare

Degree

MSc

Study Level

Masters

Study Mode

On Campus

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.

Program overview

Main Subject

Health/Healthcare

Degree

MSc

Study Level

Masters

Study Mode

On Campus

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.

Admission requirements

6.5+
176+
88+
61+
Minimum 2:1 undergraduate honours degree in a relevant subject with relevant technical modules or a Medical degree.
1 Year
Sep

Tuition fee and scholarships

Domestic Students

11,810 GBP
-

International Students

29,030 GBP
-

One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.

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A list of available scholarships around the world

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More programs from the university

The University of Sheffield offers undergraduate courses in a range of subject areas including arts and humanities, business, engineering, law, medicine, dentistry and health, science and social sciences. 

Whatever subjects’ students choose to study at the university, they will be taught and supervised by world-leading teachers, researchers and practitioners. Academic staff at the university are experts in their fields, and in the latest Research Excellence Framework 92% percent of Sheffield’s research was rated as internationally recognised, excellent or world-leading. As a Russell Group university, teaching is driven by our research expertise Sheffield is ranked:

  • Top university in the Russell Group for student experience and student support and joint 10th in the UK for best university in the Daily Mail University Guide 2025. 

  • Top 20 in the UK in the Times and Sunday Times Good University Guide 2024.

  • Top 20 in the UK in the Guardian University Guide 2025. 

During their time at Sheffield, students are encouraged to manage their own time to build upon vital organisational skills and prepare for the world of work. In addition to becoming specialists in their chosen subject, students will develop their problem-solving, research, analytical, team working, and leadership skills, as well as increasing their confidence, and becoming resilient and adaptable.

You could study or work abroad, do international research, attend a summer school at one of our partner universities or learn a language. You can even combine all of these. We offer a range of scholarships for many of our global activities. We offer additional support for international students who want to find work in the UK, overseas or in your home country.

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  • Top university in the Russell Group for student experience and student support and joint 10th in the UK for best university in the Daily Mail University Guide 2025. 

  • Top 20 in the UK in the Times and Sunday Times Good University Guide 2024.

  • Top 20 in the UK in the Guardian University Guide 2025. 

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Our approach to teaching reflects the real world. We’ll show you how to manage your own work and there are opportunities to work in teams and develop leadership qualities. You’ll learn about new and emerging fields of study, technology and practices. Most importantly, you’ll gain a perspective on the real world implications, such as complex ethical debates surrounding developments in your specialist field. 


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