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Institute for Global Health

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Health Economics and Decision Science MSc

The UCL MSc in Health Economics and Decision Science spans the disciplines of Economics, Statistics and Epidemiology – training students in applied problems, while providing the theoretical foundations expected of an outstanding UCL postgraduate degree.

What will students learn?

All graduates will understand how the political, economic and physical context of health systems, frames the application of economics and decision science. All graduates will be able to conduct rigorous cost effectiveness analyses of health technologies and interventions. Students must select the Economics or Decision Science stream and complete eight taught modules and a project. Some students will have the opportunity of an industry internship.

Employment

There is currently a significant shortage of specialists in Health Economics and Decision Science. Graduates may go on to work within the pharmaceutical industry, local and national government departments, international organisations, think tanks, consultancy or in academia among other opportunities.

The MSc in Health Economic and Decision Science starts in September 2018. All enquiries about this degree should be addressed to igh.heds.information@ucl.ac.uk.


Key Information

Programme starts

September 2018

Modes and duration
Full time: 1 year
Part time: 2 years
Flexible: 2-5 years
Location: London, Bloomsbury

Why study this degree at UCL?

UCL offers a unique, multidisciplinary environment in which to study health economics and decision science. The teaching team comprises economists, statisticians, epidemiologists, mathematicians and public health doctors among others. As a world-leading university, we research, publish and consult on the topics we teach. Our strong links to industry, policy and academia enhance the relevance of our teaching and the employment opportunities of our graduates.

Department: Institute for Global Health

Student / staff ratios › 46 staff including 22 postdocs › 96 taught students › 9 research students

Research Excellence Framework (REF)

The Research Excellence Framework, or REF, is the system for assessing the quality of research in UK higher education institutions. The 2014 REF was carried out by the UK's higher education funding bodies, and the results used to allocate research funding from 2015/16.

The following REF score was awarded to the department: Institute for Global Health
81% rated 4* (‘world-leading’) or 3* (‘internationally excellent’)

Learn more about the scope of UCL's research, and browse case studies, on our Research Impact website.

Degree last modified on 14 November 2017 at 15:03 by UCL Student Recruitment Marketing.

On completion of the programme students should be able to:

  • Assess evidence for the effectiveness, efficiency, equity, affordability and sustainability of healthcare.
  • Model the behaviour of consumers, healthcare providers and firms, and understand how behaviour can be affected by public policy. 
  • Measure the cost effectiveness, cost benefit and cost utility of a healthcare intervention.
  • Evaluate fiscal space for sustainable healthcare investments.
  • Analyse the multidirectional links between health and socio-economic status

Students studying the MSc in Health Economics and Decision Science will opt to follow one of two streams: Economics or Decision Science.

Students undertake modules to the value of 180 credits. These credits comprise eight taught modules worth 15 credits and a substantive piece of student-led research that will carry 60 credits. 

Core modules

Students must undertake either four or five core modules. Module selection will be determined according to students’ academic background, and their interest in the health economics or decision science streams. Acceptance to the MSc Health Economics and Decision Science programme does not confer automatic access to all modules, as some modules may have pre-requisites for eligibility.

Economics stream (for students with a statistical background)

Economics stream (for students with an economics background)

Decision Science stream (for students with a statistical background)

Decision Science stream (for students with an economics background)

Optional modules 

Students will undertake either three or four optional modules. The number of modules studied will depend on your chosen stream and whether your background is in statistics or economics. Students will be individually assisted with their module selection.

Dissertation

All students undertake an independent research project, which culminates in a dissertation of 8000 words (60 credits). Some students may conduct their research project together with industry partners.

Staff teaching on the MSc Health Economics and Decision Science are:

Key Information

Programme starts

September 2018

Location: London, Bloomsbury

Careers

Graduates of this MSc may go on to work within the pharmaceutical industry, local or national government departments, international organisations, think tanks, consultancies or in academia among other opportunities. Programme organisers liaise with a range of potential employers to create internship opportunities where students can experience the working environment in their field and develop important professional networks.

Employability

As the global population grows and ages, so too does the challenge of providing equitable access to cost-effective healthcare. This MSc has been developed to fill a gap in training and skills in higher education, to embrace the multidisciplinary nature of health economics and decision science and provide students with a solid theoretical foundation - while allowing them to choose specific pathways within which they can focus on either more advanced modelling or advanced applied economics.

Degree last modified on 14 November 2017 at 15:03 by UCL Student Recruitment Marketing.

Who can apply?

Applicants must have an upper second-class honours degree from a UK university, or an overseas qualification of an equivalent standard in either statistics, economics, epidemiology, demography, applied mathematics or a related field. Candidates with a background in medicine or allied health sciences may be considered if they can demonstrate quantitative proficiency.

Key Information

Programme starts

September 2018

Location: London, Bloomsbury

Entry requirements

A minimum of an upper second‐class UK Bachelor's degree or an overseas qualification of an equivalent standard in a relevant, quantitative subject.

English Language Requirements

If your education has not been conducted in the English language, you will be expected to demonstrate evidence of an adequate level of English proficiency.

The English language level for this programme is: Good

Further information can be found on our English language requirements page.

International students

Country-specific information, including details of when UCL representatives are visiting your part of the world, can be obtained from the International Students website.

International applicants can find out the equivalent qualification for their country by selecting from the list below.

Select your country:

Key Information

Programme starts

September 2018

Tuition Fees (2018/19)
UK/EU:
£9,290 (FT) £4,615 (PT)
Overseas:
£18,240 (FT) £9,290 (PT)

Note on fees: The tuition fees shown are for the year indicated above. Fees for subsequent years may increase or otherwise vary. Further information on fee status, fee increases and the fee schedule can be viewed on the UCL Current Students website.

Location: London, Bloomsbury

Funding

Home/EU applicants can apply for a postgraduate bursary offered by the Institute for Global Health. 

For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website.

Scholarships relevant to this department are displayed below.

African Graduate Scholarship
Value:
Variable (1 year)
Eligibility:
Overseas students
Commonwealth Shared Scholarship Scheme (CSSS)
Note:
Now closed for 2018/19
Value:
Full fees, flights, stipend, and other allowances (1 year)
Eligibility:
Overseas students
Criteria:
Based on both academic merit and financial need
IGH Postgraduate Bursaries
Value:
£2,000 (1 year)
Eligibility:
UK, EU students
Criteria:
Based on academic merit

For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website.

Degree last modified on 14 November 2017 at 15:03 by UCL Student Recruitment Marketing.

More information on scholarships and funding can be found on the information for prospective students website

Key Information

Programme starts

September 2018

Location: London, Bloomsbury

Application and next steps

Applications

Students are advised to apply as early as possible due to competition for places. Those applying for scholarship funding (particularly overseas applicants) should take note of application deadlines.

Who can apply?

This programme is intended for applicants with a suitable qualification (see entry requirements) in statistics, economics, epidemiology, demography, applied mathematics or a related field. Candidates with a background in medicine or allied health sciences may be considered if they can demonstrate quantitative proficiency.

Application deadlines
All applicants
27 July 2018

For more information see our Applications page.

Apply now

Contact Information

Degree last modified on 14 November 2017 at 15:03 by UCL Student Recruitment Marketing.