Programme Overview

You want to make healthcare decisions that are fair, evidence-based, and improve access for patients. At the same time, you may be looking for a way to strengthen your career without stepping away from your current role.

** Accredited for CPD by the Federation of the Royal Colleges of Physicians of the UK **

Our MSc Applied Health Economics is designed for professionals like you. It gives you the knowledge and practical tools to apply economic thinking to real challenges in healthcare — from evaluating new technologies to assessing budgets and planning patient access.

Because our course is delivered fully online and part-time, you can study at a pace that fits your life while working towards a qualification that is respected internationally by employers and healthcare institutions.

Why choose our MSc Health Economics online course
On our MSc Health Economics online course, you will focus on applied practice as well as theory. You will build knowledge that helps you understand how healthcare resources are allocated at national, regional, and institutional levels. Your studies will take you through frameworks for decision-making, HTA, patient access, economic modelling, and research.

Each stage of our course is designed to connect with your role and interests. You will progress step by step, developing the confidence to contribute to healthcare decision-making — whether you work in government, NGOs, pharmaceutical organisations, academia, or global health.

In your final stage, you will complete a professional project on a topic that matters to you. This project can be directly relevant to your workplace or sector and gives you the opportunity to apply your learning in practice.

Strengthen your expertise with our Health Economics Masters
By completing our Health Economics Masters, you will strengthen your knowledge and open possibilities to move into or progress within roles related to health policy, the pharmaceutical industry, healthcare management, or academia.

In our Masters in Health Economics online course, you will explore:

Health technology assessment (HTA)
Cost-effectiveness analysis
QALY measurement
Budget impact and resource planning
Patient access and modelling
You will learn to evaluate new technologies, analyse budgets, and consider policies for patient access. The applied approach means you can draw on your learning in your current role, helping you engage with complex decisions and resource planning.

Balance work and study with our MSc Health Economics distance learning
Our MSc Health Economics distance learning option gives you the opportunity to study part-time and entirely online. This structure means you can continue in your current role while developing specialist knowledge.

As part of the Master of Health Economics online, you will carry out a project shaped around your own professional interests, ensuring your studies stay relevant to the challenges you face in practice.

When you join our online Health Economics Masters, you become part of a diverse community of peers and alumni. Many are engaged in healthcare systems and policy across the world, giving you the opportunity to share perspectives and learn from their experiences.

By the end, you will have the confidence to apply health economics in practice and present evidence clearly in your role.

What makes our MSc in Applied Health Economics different
Our Applied Health Economics MSc is designed with flexibility for professionals balancing demanding careers and family life. You can study part-time, fully online, from anywhere in the world.

You will:

Learn from practising health economists, clinicians, and policy advisors — many of whom work directly with governments, NGOs, and pharmaceutical organisations.
Become part of an international community of healthcare professionals, economists, and policymakers.
Explore healthcare decision-making at national and subnational levels, showing how economics influences policy and patient access.
Take the next step in your career with our Masters in Health Economics
Our MSc Health Economics is designed to give you the tools and knowledge to engage with healthcare decision-making and apply health economics in practice.

Accredited for CPD by the Federation of the Royal Colleges of Physicians of the UK

Entry Requirements

Since our courses are conducted entirely online, they are accessible to both UK and international professionals.

Applicants will typically hold a first degree or equivalent (including international qualifications) in a relevant professional field.

Professionals without these recognised qualifications will be considered on an individual basis and a wide range of prior experience may be taken into account. In some cases, applicants may be asked to submit a piece of work for assessment in order to confirm that they are able to work comfortably at postgraduate level, and demonstrate the requisite clinical and professional knowledge.

Documents Required

A copy of your updated CV including your address and date of birth.
A copy of your undergraduate degree certificate.
The name and email address of someone who is able to provide a reference, this can be a work colleague, employer or former tutor.
A detailed personal statement explaining why you would like to undertake the course.
A copy of your proof of English competency (see below).
-English Language Requirements Proficiency in the English language is also essential to completing our courses. If English is NOT your first language, we ask for proof of competency during the application process. We are able to accept an IELTS overall score of 6.0 (with a minimum of 5.5 for each band) or an equivalent qualification.
If you do not meet these requirements, please don’t worry. The University of South Wales run a number of English Language Programmes at the Centre for International English to prepare you for your academic studies. You can also contact our admissions team on admissions@diploma-msc.com for more information on the qualifications we accept.

Should you have already successfully completed the 1 year Postgraduate Diploma and wish to convert to the MSc and complete only the second year of the programme this is possible. Please contact our admissions department admissions@diploma-msc.com to find out more.

Who is this course for?

Our affordable online master's in health economics has been developed for:

NHS Managers
Doctors
Nurses
Allied Health Professionals
CCG commissioning teams
CCG Pharmacy teams
Pharmaceutical Industry Professionals
other suitably qualified and interested individuals.