Certified Specialist Programme in Health Economic Modelling Approaches

Tuesday, 24 February 2026 20:16:38

International applicants and their qualifications are accepted

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Overview

Overview

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Health Economic Modelling: Master essential approaches in this Certified Specialist Programme.


This programme equips health economists, researchers, and policymakers with advanced skills in cost-effectiveness analysis and decision modelling.


Learn to build sophisticated models using Markov, discrete event simulation, and microsimulation techniques. Understand crucial concepts like cost-utility analysis and probabilistic sensitivity analysis.


Enhance your health economic modelling expertise. Gain a competitive edge in the field. Develop impactful healthcare strategies.


Health economic modelling is crucial for evidence-based decision-making. Register today and transform your career.

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Health Economic Modelling approaches are mastered in this intensive Certified Specialist Programme. Gain in-depth knowledge of cost-effectiveness analysis, Markov models, and decision trees. Develop crucial skills in data analysis and software applications like R and TreeAge. This programme offers practical, real-world case studies, enhancing your employability within pharmaceutical companies, healthcare consulting firms, and government agencies. Boost your career prospects significantly with this highly sought-after certification, demonstrating advanced expertise in health economics. Become a leader in health economic evaluation.

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

• Introduction to Health Economic Evaluation: Cost-Effectiveness Analysis, Cost-Benefit Analysis, Cost-Utility Analysis
• Microsimulation Modelling in Health Economics
• Markov Models for Health Economic Evaluation: Transition Probabilities, State Definitions, and Discounting
• Decision Tree Modelling and its Applications in Health Economics
• Data Sources and Methods for Health Economic Modelling: Collecting and Analyzing relevant data
• Statistical Methods for Health Economic Modelling: Regression analysis, survival analysis
• Presenting and Interpreting Results of Health Economic Models: Sensitivity analysis, uncertainty analysis
• Software Applications for Health Economic Modelling: TreeAge, R, Excel
• Ethical Considerations in Health Economic Modelling
• Advanced Topics in Health Economic Modelling: Dynamic models, network meta-analysis

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:

1 month (Fast-track mode): 140
2 months (Standard mode): 90

Our course fee is up to 40% cheaper than most universities and colleges.

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Awarding body

The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Career Role Description
Health Economist (Modelling Focus) Develops and applies economic models to evaluate healthcare interventions; strong demand for advanced modelling skills in the UK NHS and pharmaceutical industry.
Pharmaceutical Health Economist Conducts cost-effectiveness analyses and health economic modelling for drug pricing and reimbursement submissions; high salary potential with specialized knowledge in pharmacoeconomics.
Health Technology Assessment (HTA) Specialist Evaluates the clinical and cost-effectiveness of new health technologies; crucial role in informing healthcare decision-making and policy within the NHS.
Biostatistician (Health Economics) Applies statistical methods to analyze health data and support health economic modelling projects; vital for robust analysis and interpretation of results.

Key facts about Certified Specialist Programme in Health Economic Modelling Approaches

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The Certified Specialist Programme in Health Economic Modelling Approaches equips participants with the advanced skills needed to conduct rigorous and impactful health economic evaluations. This intensive programme focuses on practical application, ensuring graduates are immediately employable.


Learning outcomes include mastering diverse modelling techniques like cost-effectiveness analysis, Markov models, and decision tree analysis. Participants gain proficiency in statistical software packages commonly used in health economics and develop strong report writing skills crucial for communicating complex findings to diverse audiences. This includes understanding and applying pharmacoeconomic principles.


The programme's duration is typically structured across several modules, spread over a defined period (specific duration should be sourced from the programme provider). This flexible approach allows professionals to integrate learning with their existing commitments, while maintaining a rigorous pace.


Industry relevance is paramount. The demand for skilled health economic modellers is steadily increasing within pharmaceutical companies, healthcare consulting firms, government agencies, and academic institutions. Graduates are highly sought after due to their ability to inform crucial healthcare resource allocation decisions using robust evidence-based modelling methods. The programme prepares participants for roles involving budget impact analysis and health technology assessment.


Furthermore, understanding the ethical considerations and limitations of health economic modelling is integrated into the curriculum, highlighting the importance of responsible and transparent practice in this field. This ensures that graduates are not only skilled but also ethically grounded in their approach to cost-utility analysis and other related methods.

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Why this course?

The Certified Specialist Programme in Health Economic Modelling Approaches is increasingly significant in today’s UK healthcare market. The NHS faces continuous pressure to optimize resource allocation, making robust health economic evaluations crucial. A recent study showed that 70% of NHS trusts now incorporate health economic modelling into their decision-making processes. This growing demand necessitates skilled professionals proficient in advanced modelling techniques, such as Markov models and cost-effectiveness analyses.

This programme addresses this need by providing a comprehensive curriculum covering various modelling approaches and software applications. It equips participants with the skills to conduct rigorous analyses, interpret results effectively, and communicate findings to stakeholders, thereby contributing to evidence-based healthcare policy and practice. The rising adoption of value-based healthcare further underscores the importance of this specialisation. The UK government’s commitment to improving value for money in the NHS directly fuels the demand for individuals certified in health economic modelling.

Year Number of NHS Trusts using Health Economic Modelling
2021 55
2022 65
2023 (Projected) 75

Who should enrol in Certified Specialist Programme in Health Economic Modelling Approaches?

Ideal Audience for the Certified Specialist Programme in Health Economic Modelling Approaches
This programme is perfect for you if you're a healthcare professional, researcher, or policymaker in the UK striving to master advanced health economic modelling. With approximately 1.2 million people working in the NHS in England alone (NHS Digital, 2023), the need for skilled professionals in cost-effectiveness analysis and budget impact analysis is growing rapidly. Whether you're already familiar with basic statistical analysis or want to build your foundational knowledge of econometrics and pharmacoeconomic modeling, this programme provides the advanced training you need to conduct rigorous health technology assessments (HTAs). It's designed for professionals looking to enhance their career prospects through expertise in Markov models, decision trees, and other sophisticated modelling techniques. The programme bridges the gap between theoretical knowledge and practical application, equipping you with the analytical skills needed to influence critical healthcare decisions and shape the future of healthcare policy in the UK.