Health Economics and Econometrics MSc
University of Birmingham
Key Course Facts
Student Reviews
Below you can see course specific reviews for 20 graduates of Health Economics and Econometrics MSc at University of Birmingham for each of the survey questions in comparison to the average for all UK degree courses in Molecular Biology, Biophysics and Biochemistry.
This particular course
Salary
Salary of Graduates in Molecular Biology, Biophysics and Biochemistry
Important: Salary data below is not course specific, but contains data of all students of Molecular Biology, Biophysics and Biochemistry at the university. Due to data collection methodology, salary data is mainly based on data related to undergraduate students.
15 months after graduation | 3 years after graduation | 5 years after graduation | |
---|---|---|---|
Median salary | £29000 | £25000 | £31000 |
25-75 percentile range | £24000 - £30000 | £21500 - £31000 | £25000 - £38500 |
All Molecular Biology, Biophysics and Biochemistry courses of University of Birmingham
Salary of all UK Graduates of Molecular Biology, Biophysics and Biochemistry
15 months after graduation | 3 years after graduation | 5 years after graduation | |
---|---|---|---|
Median salary | £25986 | £23450 | £28950 |
25-75 percentile range | £21993 - £30000 | £18456 - £28917 | £22344 - £35829 |
All Molecular Biology, Biophysics and Biochemistry courses in the UK
Course Description
The MSc in Health Economics and Econometrics is ideal for new graduates hoping to pursue a career in health economics or for those currently working in the health care sector who wish to develop skills in health economics.
This programme gives you the opportunity to follow a more econometrics based pathway underpinned by microeconomic theory, while taking the core modules required to study Health Economics (Economic Evaluation and Modelling for Health Care Decision Making).
The programme is targeted at those with an undergraduate economics-based degree and a desire to obtain a technical training relevant for a career in which these skills can be applied to the health care sector nationally and internationally. With its blend of applied health economic modules and specialist economic modules, the MSc in Health Economics and Econometrics is ideal for individuals wishing to embark on a career as a health economist in industry, the health service or academia. This is an area identified as a priority for the health service and health economists with these skills are in short supply.
The MSc in Health Economics and Econometrics is hosted by the Health Economics Unit in collaboration with the Department of Economics.
This programme incorporates two core modules provided by the Department of Economics (Microeconomics, Econometrics) and four core modules from the MSc Health Economics and Health Policy Programme (Introduction to Health Economics, Economic Evaluation, Statistics II, Modelling for Health Economics) and one relevant policy based optional module.
This programme provides a contrast to the long-established MSc Health Economics and Health Policy programme by providing a greater focus on the underpinning advanced economic theory and econometrics for those students with excellent undergraduate degrees in economics. However it retains the provision of the key skills associated with the conduct of economic evaluation, modelling as well as an exposure to economic policy (expected in many health economic posts).
Jobs & Career Perspectives
15 months after graduation, graduates of this course were asked about what they do and, if they are working, about their current job and their perspectives.
This particular course
Current jobs
This particular course
Required skill level of job after 15 months
This particular course
Jobs of graduates of this course (15 months after graduation)
Example below based on all graduates of Health Economics and Econometrics MSc at University of Birmingham
20% | Sports and fitness occupations |
20% | Elementary occupations |
10% | Artistic, literary and media occupations |
10% | Teaching Professionals |
10% | Sales occupations |
10% | Skilled trades occupations |
10% | Web and Multimedia Design Professionals |
Grading & Study Time
Grading Distribution
Students of the course received the following grades
Entry Requirements / Admissions
UCAS Tariff of Accepted Students for this course
This particular course
Requirements for international students / English requirements
IELTS academic test score (similar tests may be accepted as well)
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- 6.5
- Graduate Degrees
- (no subscore less than 6.0)
-
- 6.5
- Undergraduate Degrees
The normal entrance requirement for our Masters programmes is a good Honours degree (upper second-class or above) in Economics or a closely related subject, or an equivalent professional qualification and professional experience.
Appropriate career experience may also be taken into account. It is hard to give general rules on these matters, since each case is considered on individual merit. However, the factors which tend to count in your favour are suitable health services managerial experience, favourable reports from academic referees, or proven ability in research or publication. You should give as much evidence as possible of your capabilities in these areas.
Costs
Average student cost of living in the UK
Rent | £518 |
Water, gas electricity, internet (at home) | £50 |
Supermarket shopping | £81 |
Clothing | £35 |
Eating out | £33 |
Alcohol | £27 |
Takeaways / food deliveries | £30 |
Going out / entertainment (excl.alcohol, food) | £24 |
Holidays and weekend trips | £78 |
Transport within city | £17 |
Self-care / sports | £20 |
Stationary / books | £13 |
Mobile phone / internet | £13 |
Cable TV / streaming | £7 |
Insurance | £51 |
Other | £95 |
Average student cost of living | £1092 |
London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.
University Rankings
Positions of University of Birmingham in top UK and global rankings.
Rankings of University of Birmingham in related subject specific rankings.
Social Studies & Humanities
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-
- #16
- #98
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- Social Sciences
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NTU Rankings by Subject
[Published 11 July, 2023]
See all 38 university rankings of University of Birmingham
About University of Birmingham
The University of Birmingham is a research university based in Edgbaston, Birmingham, England. The university’s aim is to be at the cutting edge of educational delivery, and to have their curriculum be continually reshaped by new revelations in research. The main campus is situated a reasonable three miles away from Birmingham city centre, which doesn’t take long to get to via bus if the student decides they’d like to spend some of their free time there.
List of 469 Bachelor and Master Courses from University of Birmingham - Course Catalogue
Student composition of University of Birmingham
-
Total number of students enrolled at University of Birmingham by level Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
- undergraduates:
- 24385
- postgraduates:
- 9185
- Total:
- 33570
-
Number of students enrolled in courses of subject “Economics”: Academic year - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
Where is this programme taught
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Ranking publishers
NTU ranking
- Published:
- 11 July, 2023