ICTQual AB Level 6 Diploma in Health Economics

The ICTQual AB Level 6 Diploma in Health Economics is a specialised and advanced qualification designed for learners seeking to develop expert knowledge in the economic principles and financial management of healthcare systems. This course equips learners with the analytical, strategic, and decision-making skills required to assess healthcare funding, evaluate resource allocation, and improve cost-effectiveness across healthcare services.

Learners will explore critical areas such as health economics theory, cost-benefit analysis, healthcare financing, policy evaluation, and resource management. The programme emphasises evidence-based decision-making and financial planning, enabling learners to make informed choices that maximise the efficiency and sustainability of healthcare delivery. By mastering these advanced concepts, learners gain the ability to analyse complex economic data, support strategic planning, and contribute to policy development within healthcare organisations.

The course also develops essential skills in statistical analysis, economic modelling, and health policy evaluation, preparing learners to assess the impact of financial decisions on service delivery, patient outcomes, and organisational performance. Learners will gain practical experience in evaluating healthcare programmes, analysing budgets, and implementing strategies to optimise resource use while maintaining high-quality patient care.

Completing this diploma prepares learners for senior and executive roles in health economics, policy analysis, financial management, and consultancy, including positions such as Health Economist, Healthcare Financial Analyst, Policy Advisor, or Strategic Planning Manager. It also provides a strong foundation for further professional development in executive healthcare management, health policy, and economic research, enabling learners to advance their careers while supporting effective, efficient, and sustainable healthcare systems.

Course overview

To enrol in ICTQual AB Level 6 Diploma in Health Economicsn, learner must meet the following entry requirements:

Age Requirement: Learners must be at least 21 years old at the time of registration.
Educational Background: Learners should hold a Level 5 qualification or equivalent in Health Economics, Healthcare Management, Finance, Economics, Public Health, or a related field.
Work Experience: Prior experience in healthcare finance, economic analysis, policy evaluation, or management is highly recommended.
English Proficiency: Learners must demonstrate proficiency in English, including reading, writing, and comprehension, to fully engage with course materials and complete assessments.
Additional Requirements: Strong analytical, numerical, and problem-solving skills to assess healthcare economic data effectively.

This qualification, the ICTQual AB Level 6 Diploma in Health Economics, consists of 6 mandatory units.

Advanced Principles of Health Economics
Healthcare Financing and Resource Allocation
Economic Evaluation and Cost-Benefit Analysis in Healthcare
Health Policy Analysis and Strategic Decision-Making
Data Analysis, Modelling, and Interpretation in Health Economics
Ethical, Legal, and Regulatory Considerations in Healthcare Economics

Learning Outcomes for the Study Units:

Advanced Principles of Health Economics

Understand advanced concepts, theories, and frameworks in health economics.
Analyse the economic principles that influence healthcare systems, policy, and service delivery.
Develop skills to evaluate the efficiency and effectiveness of healthcare interventions.
Assess strategies to optimise resource utilisation while maintaining quality care.

Healthcare Financing and Resource Allocation

Understand financing models, funding mechanisms, and budgeting in healthcare systems.
Learn to allocate resources effectively to maximise healthcare outcomes.
Develop skills to manage budgets, monitor expenditures, and plan strategic financial initiatives.
Evaluate financial strategies to ensure sustainable and equitable healthcare service delivery.

Economic Evaluation and Cost-Benefit Analysis in Healthcare

Understand methods for economic evaluation, including cost-effectiveness, cost-utility, and cost-benefit analysis.
Learn to assess the financial impact and value of healthcare programmes and interventions.
Develop skills to interpret economic data and support evidence-based decision-making.
Evaluate the outcomes of healthcare investments and resource utilisation.

Health Policy Analysis and Strategic Decision-Making

Understand the role of health economics in policy development and strategic planning.
Learn to analyse healthcare policies, regulations, and their economic implications.
Develop skills to make informed decisions that balance cost, quality, and accessibility.
Evaluate policy effectiveness to guide organisational and governmental healthcare strategies.

Data Analysis, Modelling, and Interpretation in Health Economics

Understand statistical methods, economic modelling, and data interpretation in healthcare.
Learn to collect, analyse, and present health economic data effectively.
Develop skills to apply modelling techniques for forecasting and scenario analysis.
Evaluate data-driven strategies to improve healthcare planning and decision-making.

Ethical, Legal, and Regulatory Considerations in Healthcare Economics

Understand ethical, legal, and regulatory frameworks governing health economics.
Learn to apply ethical principles when evaluating healthcare investments and policies.
Develop strategies to ensure compliance with laws, regulations, and ethical standards.
Evaluate the impact of economic decisions on patients, organisations, and society.

Completing the ICTQual AB Level 6 Diploma in Health Economics equips learners with advanced knowledge and skills in healthcare financing, policy analysis, and economic evaluation. This qualification opens pathways to senior, strategic, and executive roles in healthcare organisations, government agencies, consultancy firms, and research institutions, providing learners with opportunities for career growth and professional development.

Career Advancement Opportunities

Learners can pursue roles such as Health Economist, Healthcare Financial Analyst, Policy Advisor, Strategic Planning Manager, or Healthcare Consultant.
Opportunities exist in hospitals, public health organisations, government health departments, healthcare consultancies, and international health agencies.
Graduates may take on responsibilities for financial planning, resource allocation, policy evaluation, economic modelling, and strategic decision-making.

Further Education and Professional Development

Learners can progress to Level 7 or executive-level qualifications in health economics, healthcare management, public health policy, or strategic leadership.
Specialist courses in economic modelling, healthcare policy, or advanced financial management provide pathways for further skills enhancement.
Advanced study supports progression into consultancy, executive management, or research roles, enabling learners to shape healthcare strategies and policy decisions effectively.

Skills Enhancement and Personal Growth

The diploma develops critical skills in financial analysis, policy evaluation, strategic decision-making, data modelling, and ethical economic assessment.
Learners gain expertise in interpreting complex healthcare economic data and applying evidence-based strategies to optimise resource use and improve patient outcomes.
Continuous professional development ensures learners stay updated on emerging trends, best practices, and innovations in healthcare economics and policy.

FAQs

This course is designed for learners who want to develop advanced expertise in health economics, healthcare financing, policy evaluation, and economic decision-making. It is ideal for those working in hospitals, public health organisations, consultancy firms, or learners aspiring to senior strategic roles in healthcare economics and management.

Learners must be at least 21 years old and hold a Level 5 qualification or equivalent in Health Economics, Healthcare Management, Finance, Economics, Public Health, or a related field. Relevant work experience in healthcare finance, policy evaluation, or strategic management is highly recommended. Learners must also demonstrate proficiency in English, including reading, writing, and comprehension, to fully engage with course materials and assessments.

ICTQual AB Level 6 Diploma in Health Economics is 60 Credits training program. As this Training program have mandatory assessment which will be conducted through Approved Training Centers.

ICTQual AB allows to offer Level 6 Diploma in Health Economics in various formats, including online, in-person, or a combination of both. Participants can choose the format that best fits their schedule and learning preferences. But final decision is made by ATC.

Yes, ICTQual AB Level 6 Diploma in Health Economics consist of 6 mandatory assessments . These assessments are designed to evaluate participants’ comprehension of course material and their capacity to apply concepts in practical situations. It is mandatory to pass assessments with a minimum score of 75%