Taught course

Health Economics and Decision Modelling

Institution
University of Sheffield · School of Medicine and Population Health
Qualifications
MSc

Entry requirements

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

Subject requirements

We accept degrees in the following subject areas:

  • Business (with quantitative focus)
  • Computer Science
  • Data Sciences
  • Economics
  • Engineering including Industrial Engineering
  • Environmental Science
  • Finance / Accounting
  • Geography (with quantitative focus)
  • Management
  • Mathematics
  • Medicine
  • Operational Research
  • Pharmacy
  • Physics
  • Psychology
  • Statistics
  • Sociology (with quantitative focus)
  • Systems and Control Engineering
  • Any substantially quantitative discipline

Module requirements

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

  • Algebra
  • Econometrics
  • Economics
  • Epidemiology
  • Macroeconomics
  • Mathematics
  • Microeconomics
  • Optimisation
  • Probability
  • Simulation Modelling
  • 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.

Months of entry

September

Course content

Develop analytical skills for a career in health economics. Learn to measure, model, and evaluate healthcare interventions to inform public health decisions. Employers praise our course for its hands-on experience, making graduates job-ready from day one.

Course description

Want to make a real difference in healthcare? Our MSc in Health Economics & Decision Modelling gives you the skills to analyse real-world health challenges and influence key decisions. Whether it’s evaluating new treatments, improving public health strategies, or making sure healthcare resources are used wisely.

You’ll learn how to assess the cost-effectiveness of medical interventions, model healthcare outcomes, and use data to inform policy. We’ll take you beyond theory, giving you hands-on experience and the practical skills that employers look for.

This course covers medical statistics, evidence synthesis, and econometric methods, applying them to clinical trials and real-world data. You'll learn to build and use mathematical models and simulations to support healthcare decisions, with full training in research methods.

Your final project will be a three-month dissertation project where you’ll tackle real-world health problems, working with experts from the NHS, academia and industry. By the time you graduate, you’ll have the confidence and experience to step straight into a career.

Do you have a question? Talk to us

Book a 15-minute online meeting with our course lead to find out more information and ask further questions.

Book an appointment with Dr Tessa Peasgood

Please see our University website for the most up-to-date course information here

Information for international students

English language requirements

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

Fees and funding

https://sheffield.ac.uk/postgraduate/taught/courses/2026/health-economics-and-decision-modelling-msc#feesfunding

Qualification, course duration and attendance options

  • MSc
    part time
    24-36 months
    • Campus-based learningis available for this qualification
    full time
    12 months
    • Campus-based learningis available for this qualification

Course contact details

Name
Postgraduate Admissions Tutor
Email
study@sheffield.ac.uk