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Master of Health Economics

Master of Health Economics

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COURSE DESCRIPTION

Turn data into evidence-based decisions that influence positive change in the healthcare system by studying the Master of Health Economics. Graduate with advanced skills in resource allocation and economic modelling, and use your expertise to inform policy and health practices on a global scale.

Are you ready to realise your career potential by joining one of the largest and most prominent health economics programs in Australia?

The Master of Health Economics is designed for clinical and non-clinical health professionals who want to improve healthcare systems from the top down. It’s also ideal for those from finance backgrounds hoping to use their knowledge of economics to create healthier, happier communities. If you’re looking for a health economics program that’s well-established, renowned for its academic research and led by teachers at the very forefront of the field, this is the course to take your career forward.

At its core, the course teaches you how to maximise health benefits and outcomes from available resources. To do this, you will develop expertise across a number of specialised skills, including:

resource allocation

economic modelling and evaluation

health technology assessment

priority setting

healthcare financing

policy analysis.

These techniques arm you with knowledge that allows you to make evidence-based decisions that improve the way healthcare systems operate. These are skills that are crucial to your career success. You might be asked to prepare a cost-benefit analysis comparing two different pieces of medical equipment; or you might employ economic modelling to shape health insurance policies that impact thousands. You will graduate with the ability to critically evaluate current research in economic policy, understand the complexities of healthcare financing and make influential contributions to health policy development and debate. Whatever challenges your future role throws at you, you will have the skills needed to make confident, informed choices.

Career outcomes

The health sector is Australia’s largest and fastest-growing. With more jobs and an increased demand for skilled health professionals, you will have more opportunities to take your career forward.

Use your specialised skills and extensive practical experience to confidently explore roles in:

pharmaceutical and health technology industries

health insurance

hospitals, community health organisations and healthcare management

international health organisations such as WHO, UNDP, OECD, the World Bank Group and the Asian Development Bank

government departments such as Health and Treasury and the Productivity Commission

non-government agencies, research institutes and think tanks

corporate consulting firms.

In addition to the diverse career options this course opens up, graduates also have the opportunity to join Deakin’s leading health economics academics by progressing to a PhD.

EDUCATIONAL INSTITUTION

Deakin University is ranked in the top 1% of universities worldwide (ARWU).  It is a global leader in many areas of study including accounting and finance, business, engineering, education, nursing, sport science, and sport management. It is known for its industry-based learning, with all degrees offering the opportunity for work placements. Deakin has four campuses across the state of Victoria, offering high-quality teaching and first-rate facilities.  Our students love studying here – that is why Deakin University has been ranked #1 for course and student satisfaction in Victoria for 13 years (Australian Graduate Survey 2010–2015, Graduate Outcomes Survey 2016–2022 (GOS)).

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Deakin University is ranked in the top 1% of universities worldwide (ARWU).  It is a global leader in many areas of study including accounting and finance, business, engineering, education, nursing, sport science, and sport management. It is known for its industry-based learning, with all degrees offering the opportunity for work placements. Deakin has four campuses across the state of Victoria, offering high-quality teaching and first-rate facilities.  Our students love studying here – that is why Deakin University has been ranked #1 for course and student satisfaction in Victoria for 13 years (Australian Graduate Survey 2010–2015, Graduate Outcomes Survey 2016–2022 (GOS)).

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