Home > Study in Australia > Deakin University - Melbourne Burwood Campus > Master of Health Economics
Master of Health Economics
Deakin University - Melbourne Burwood Campus, Australia
AUD 37200
Annual Tuition Fee
Free
Application Fee
24 months
Duration
6.5
IELTS
55%
Min GPA
Program Overview
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.
Additional Information
Program Level Master's Degree
College/University Processing Time 3 Days
Program Format Full-Time
Post-Study Work Rights (PSWR) 
General Admission Requirement
Academic Requirement
- Minimum Level of Education Required: To be accepted for this program, students must have a Bachelor's degree.
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Tuition Fee
The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the Programs page.
Average Tuition Fee Per Year
37200
Tuition Fee
(AUD)
Free
Application Fee
(AUD)
24500 Per year
Average Cost of Living
(AUD)
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Check program website for more information about funding options.
Scholarships
Deakin University Scholarships and Bursaries
Deakin University offers a wide range of scholarships and bursaries to assist students from India to support their tuition fees for on-shore studies in Australia.
Deakin University offers a bursary of 20% and a scholarship of 25% based on academic merit as outlined in the table below. They are offered upon the total indicative tuition fee stated on your offer letter, available for the normal duration of the course.
| SCHOLARSHIPS/BURSARIES | BOARD/DEGREE/LEVEL | ACADEMIC REQUIREMENTS | |
| UG COURSES | PG COURSES | ||
| Deakin India Bursary 20% Tuition Fee Waiver | CBSE/ICSE/State Board | 70 to 79.9% | - |
| GCSE/A Level | 8 to 9.9 | - | |
| IB Diploma | 27 to 31.9 | - | |
| Bachelor Degree | - | 55% to 74.9% | |
| Deakin India Merit Scholarship 25% Tuition Fee Waiver |
CBSE/ICSE/State Board | 80% & above | - |
| GCSE/A Level | 10 & above | - | |
| IB Diploma | 32 & above | - | |
| Bachelor Degree | - | 75% & above | |
This scholarship is conditional on acceptance of terms and conditions which will be specified in the acceptance form.
The bursaries and scholarship are
- Offered for studies in any program at undergraduate or postgraduate level
- Offered for enrolment in any intake in the year and across all campuses at Deakin University in Australia
100% tuition fee waiver for eligible Indian international students starting in 2024
We're thrilled to announce that applications for the prestigious the Deakin Vice-Chancellor's Meritorious Scholarship Program 2024 are now open! This scholarship, a cornerstone of our 'Changing Lives' initiative, is designed to empower deserving Indian students with outstanding academic achievements and holistic accomplishments to pursue their studies onshore at Deakin University, Australia. The scholarship is only available if you start your studies in 2024.
- Scholarship Value: Ten 100% tuition fee waiver (over INR 6 million each)
- Duration: Full duration of study at any Deakin campus in Victoria, Australia
- Eligibility: Open for both Postgraduate and Undergraduate studies
Minimum Eligibility Criteria
Postgraduate: Aggregate score of 80%+ in undergraduate degree, significant co-curricular achievements, commitment to societal contributions, english proficiency as per requirements for the course / area of study at Deakin University.
Undergraduate: 85%+ in 12th grade, notable co-curricular activities, commitment to societal contributions, english proficiency as per requirements for the course / area of study at Deakin University.
Please Note: Application Close 10 May 2024.
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