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Health Economics (MSc)
MSc (Health Economics)—full-time and part-time
J.E. Cairnes School of Business and Economics
The aim of the programme is to:
- Develop a thorough knowledge and applied competence in the fundamentals of health economics, including health technology assessment;
- Develop an ability to critically appraise alternative systems of healthcare finance and delivery in terms of equity and efficiency;
- Expose the student to policy debates regarding access to healthcare, and how it is affected by new and expensive technologies.
Normally applicants require a primary degree with Second Class Honours, Grade 1, which will have included the study of
economics to intermediate level. Students who hold a Higher Diploma in Economics with Second Class Honours, Grade 1, or equivalent may also apply. IELTS score of 6.5 or equivalent if applicable.
Applications from people with experience in the pharma-ceutical industry or the healthcare system are also welcome. Applicants without a background in economics will be offered an opportunity to take courses in economics before starting the programme. Applications to the part-time programme are especially welcome.
1 year, full-time; 2 years, part-time
Next start date: September 2016
Average intake: 15
Closing date: Please refer to the offer rounds/closing date webpage.
The course consists of taught modules, an internship and a minor dissertation. Compulsory modules include Economics of Health and Social Care, Economic Evaluation in Healthcare, Health Systems and Policy Analysis, Econometrics, and Applied Health Technology Assessment and Decision Making. Students can also specialise by choosing options from modules such as Market Access, Systematic Reviews, Cost Benefit Analysis, and Applied Health Econometrics.
Students spend up to three months on placement with an appropriate organisation, which may be a pharmaceutical or medical device company, a public agency, a research centre or an international organisation. The internship allows the student to apply the theories and techniques learned in the taught modules.
Applications and selections
Requirements and assessment
Who’s suited to this course
- Conduct basic and advanced statistical tests on economic and health related data
- Design and carry out econometric testing of relationships between health variables and underlying factors.
- Conduct a systematic search and review of cost effectiveness studies in a particular disease area.
- Design and estimate a hypothetical cost effectiveness study using Treeage and Excel
- Learn the basic theories in health economics
- Understand the critical issues in health care systems and policy analysis.
Anna P. Hobbins
MSc (Health Economics)
"I have found the learning environment to be excellent with help and support for students in a variety of areas. The staff lectures, library, etc., are helpful and informative. The campus at NUI Galway is a student-friendly environment with excellent facilities, which are continually improving.
I would certainly recommend a postgraduate course in Health Economics as it has many practical applications and prepares students for further research or entering the pharmaceutical industry. Many students are placed in pharmaceutical companies over the summer. Previously some students were kept on in companies where they did their placement, while others have gone on to do PhDs in Ireland and the UK.
I would definitely choose NUI Galway if I was starting over again. We had an amazing year with speakers from abroad and we also had fun!"
Curently studying for his PhD in Health Economics in the UK
"I found the MSc in Health Economics to be an intensive, well organized programme that provided me with the knowledge and confidence to pursue a PhD and a career in academia. The course modules taught us how to approach and answer problems in health economics and how to apply skills that were directly applicable to the workplace. I used many of the skills we learned in my master’s thesis and am now in the process of using the knowledge and techniques I learned at NUI Galway in my PhD.”