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Health Economics and Decision Modelling
The Health Economics and Decision Modelling (MSc) program at the University of Sheffield is designed for students seeking to specialize in the application of economics to healthcare. This one-year, full-time, on-campus program focuses on the economic evaluation of healthcare interventions, decision analysis, and policy analysis. Students will gain the analytical skills needed to make informed decisions in healthcare resource allocation and improve patient outcomes.
Graduates will be prepared to work in healthcare policy, economics research, or with international organizations. The University of Sheffield’s strong emphasis on evidence-based learning and its collaborative approach to healthcare research ensures that students are well-equipped to address global health challenges.
Key information
Key Facts
- Program Title: Health Economics and Decision Modelling
- Degree Type: Master of Science
- Duration: 1 year
- Mode of Study: Full-time, On Campus
- Application Deadline: 06 September 2026
- Location: University of Sheffield, United Kingdom
- Field of Study: Economics
- Language of Instruction: English
Program Structure
Semester 1 – Foundations of Health Economics
- Introduction to Health Economics
- Economic Evaluation in Health and Healthcare
- Decision Modelling Techniques in Health Economics
- Healthcare Financing and Policy
- Research Methods in Health Economics
Semester 2 – Advanced Topics in Health Economics and Decision Modelling
- Advanced Health Economics and Cost-Effectiveness Analysis
- Health Technology Assessment and Policy
- Statistical Methods for Decision Modelling
- Health System Performance and Sustainability
- Dissertation Preparation and Advanced Research
Career Opportunities
Graduates of the Health Economics and Decision Modelling program at the University of Sheffield will be well-prepared for roles in health economics, policy analysis, and decision support in healthcare settings. The program equips students with the technical skills required to evaluate healthcare interventions, analyze health policies, and model health outcomes. Graduates can pursue careers as health economists, policy analysts, decision analysts, economic evaluators, and healthcare consultants. They will find opportunities in government health agencies, healthcare providers, public health organizations, pharmaceutical companies, insurance firms, and international health agencies. Additionally, the program's focus on decision modelling and economic evaluation opens up career paths in health technology assessment (HTA), cost-effectiveness analysis, and health system optimization. For those interested in further academic work, this program provides a strong foundation for PhD studies in health economics, public health, or health policy.
Why Choose This Program
The Health Economics and Decision Modelling program at the University of Sheffield is designed to provide students with a robust understanding of the economic aspects of healthcare, including policy analysis, health systems, and decision-making frameworks. The program offers an advanced curriculum that blends economic theory with practical decision modelling techniques, ensuring that graduates are ready to address real-world challenges in healthcare economics and policy. Sheffield’s strong reputation in the field of health economics and decision analysis, combined with its access to cutting-edge research facilities and experienced faculty, makes it an ideal place for students interested in making a meaningful impact on healthcare systems. The program's emphasis on economic evaluation, cost-effectiveness analysis, and statistical modelling prepares students to work in an increasingly important field as health systems become more complex and demand greater efficiency. Graduates will also benefit from the university’s extensive links with healthcare providers and policy-making organizations, providing opportunities for internships, research projects, and collaboration with industry leaders.
Contact Information
For further information, please contact the admissions office at:
Phone: +44 114 222 1234
Email: admissions@sheffield.ac.uk
Address: University of Sheffield, Western Bank, Sheffield, S10 2TN, United Kingdom
