MASTER IN MANAGEMENT (M.SC.)

Full-time Study Program

Why you should choose the Master in Management at HHL

Embark on a transformative journey at one of the best business schools in Germany with our full-time Master in Management program. Designed to enhance your leadership skills in a dynamic, entrepreneurial environment, it will open doors to completely new and international career opportunities tailored to your aspirations. Advance your career with our renowned career counseling and broaden your global perspective through intensive cross-cultural experiences. The HHL Campus with its inspiring multicultural atmosphere is located in the heart of Leipzig and offers you the perfect environment for your study experience.

At a glance

  • Degree: M.Sc. | 120 ECTS
  • Location: Leipzig
  • Language: English
  • Start: September
  • Duration: 21-24 months
  • Application deadline: June 30 (non-EU candidates: May 31)
  • Eligibility: Bachelor degree in a business-related program, 3 months work experience

Five Reasons for HHL’s Master in Management

  • Perfect preparation for entry into strategy consulting and strategic management positions
  • Graduate salaries are among the highest in Europe (#3 in the Financial Times Masters in Management Ranking)
  • Flexible program structure with up to 3 internships and term abroad
  • Highly motivated and supportive peer group
  • Excellent support from HHL faculty, Career Service and HHL alumni

The HHL Master in Management: Program Overview

1. Welcome Weeks

Kicking off a new life chapter at HHL

New students starting their journey at HHL are welcomed with open arms during the vibrant Welcome Weeks. It’s more than just an introduction; it’s a celebration of #hhlspirit. From program introductions to on-campus adventures, these weeks forge friendships that span programs and continents. Events like the Welcome BBQ, an exciting dragon boat tour, the city-wide team rally and the Campus Games not only foster togetherness, but help to strengthen our unique HHL community. Together, we forge bonds that last far beyond graduation and create a support network that is as diverse as it is sustainable.

 

    2. Essentials

    Essentials: Learn what counts

    This is where you start your HHL journey and take a deep breath of our school’s DNA. We do not only onboard your diverse class in what is essential in terms of hard skills but also develop your entrepreneurial spirit as well as your sense for teamwork and community. Moreover, we want to help you in becoming the best version of yourself by learning meaningful selfleadership frameworks and gaining awareness for the cross-functional abilities needed to excel in a modern business world.

    Integrated Case Study - Finance, Reporting, Strategy, Marketing, Logistics (7 ECTS)Economics (5 ECTS)
    Problem Solving & Communication (5 ECTS)Negotiation (5 ECTS)
    Ethics & Sustainability (5 ECTS)Leading Yourself & Self-Reflection (3 ECTS)

      3. Elective Essentials

      Elective Essentials: Lay the foundation

      With the opportunity to choose four modules out of a broad set of thrilling offerings, you will lay the foundation for your Deep Dive choices while broadening your horizon. Strengthen your competitive advantage and further develop your skills obtained in your previous (academic) career or dive into something new and complement your existing skillset with new capabilities.

      Quantitative EconomicsEntrepreneurshipFinance & AccountingBusiness Management
      Econometrics (5 ECTS)Disruptive Technology & Business Models (5 ECTS)Financial Analysis & Modelling (5 ECTS)Organizational Behavior (5 ECTS)
      Entrepreneurship (5 ECTS)Entrepreneurial Finance (5 ECTS)Value Chain Management (5 ECTS)
      Private Equity & Hedge Fonds (5 ECTS)Competitiveness (5 ECTS)
      Restructuring Organizations (5 ECTS)
      International Study Trip (5 ECTS)

        4. Business Competencies

        Whether working with a company on a real-life problem, studying abroad or gaining practical experience through an internship, the connections and relationships students build will benefit them far beyond graduation. A selection of unique opportunities allows you to apply your newly acquired knowledge and skills:

        Student Consulting Project

        This is a once-in-a-lifetime opportunity to experience what it’s like to be a consultant. Your challenge is to collaborate in a team of four to six students to advise and support a company in solving a real-life problem. Working closely with both company representatives and HHL faculty, you will learn first-hand what it means to initiate real change.

        Explore the most recent projects in our blog

        Practical Deepening

        Whether consulting, working at an HHL startup or in a social impact project; with an integrated internship we offer you the opportunity to gain practical insights into new sectors and diverse corporate cultures. This is your chance to gain new perspectives, contacts and experience according to your own unique career goals.

        International Experience

        Discover new countries, dive into new cultures, and invigorate your intercultural competencies during your term abroad at one of our 140 partner universities  in Europe, Asia, Oceania or the Americas. This international experience is your opportunity for personal development and for establishing a global network that will accompany you through your career. Read about our students’ experiences in

          5. General Management Deep-Dives

          General Management Deep Dives: Specialize in you

          Depending on goals, career paths and personalities, the Deep-Dives will provide you with the opportunity to specialize on those topics that will benefit your personal and professional development. You can select 2 from 4 possible tracks:

          • Strategic Management
          • Financial Decision Making
          • Transformation Management
          • Digital Entrepreneurship
          Strategic Management (15 ECTS)Financial Decision Making (15 ECTS)Transformation Management (15 ECTS)Digital Entreprenurship (15 ECTS)
          Global Strategy (5 ECTS)Corporate Valuation & M&A (5 ECTS)Innovation Management & Corporate Entrepreneurship (5 ECTS)Online Marketing & Customer Analytics (5 ECTS)
          Growth Management (5 ECTS)Capital Market Theory & Investments (5 ECTS)Change Management (5 ECTS)Business Plan Seminar: Starting up your digital venture (10 ECTS)
          Stakeholder Communication (5 ECTS)Risk Management of Corporations (5 ECTS)Customer Value Creation (5 ECTS)

            AI Literacy in the Full-time Master in Management

            Disruptive Technologies & Business Models

            Technologies such as artificial intelligence, blockchain, and robotics are disrupting entire industries – while simultaneously opening up new entrepreneurial possibilities. This course provides a solid overview of the most significant disruptive technologies and examines the business models emerging from them. Case studies and industry examples illustrate how organizations can strategically navigate and shape technological change.

            Key Topics:

            • AI, blockchain, and robotics as drivers of change
            • New and disruptive business models
            • Impact on incumbent organizations
            • Strategies for implementing technological innovation

            Online Marketing & Customer Analytics

            Digital marketing is inherently data-driven – and truly mastering it requires analytical competence. This course combines the fundamentals of online marketing with quantitative methods in customer analytics. From A/B testing and regression models to segmentation approaches, students learn to ground marketing decisions in data and implement analyses independently using R.

            Key Topics:

            • Fundamentals and tools of digital marketing
            • Quantitative customer analytics and statistical methods
            • Using R for marketing analytics
            • Data strategy and scaling in digital competition

              Program Schedule

              Program Schedule FT MiM

              International Experience

              Term abroad

              The world is your oyster at HHL!

              International competencies are essential for successful managers, consultants, entrepreneurs and executives in an increasingly globalized world. This is why HHL prioritizes maintaining global partnerships. Whether it’s New York, Paris, Lima, Oslo, Singapore, Hong Kong or Sydney; a term abroad at one of our 140 global partner universities will give you an exciting change of perspective. The HHL team will guide you before, during and after your term abroad. Take advantage of this unique opportunity to explore new countries and new cultures and to expand your own international network.

              I am very thankful to HHL for enabling me to attend NYU Stern without any additional charge, even though it is one of the most expensive MBA programs in the US. It was one of the best times of my life.

              Pauline Sophie Till
              HHL Alumna, Managing Director Richard Lampert, ex McKinsey

                Our Class Profile

                Icon Class

                60

                Students in the FT MiM class

                Icon Group

                ~25

                Students in each Deep dive

                Icon Earth

                10

                Nationalities

                24

                Average age

                2 years

                Average work experience

                A Master’s program that pays off!

                #3
                For graduates' salaries in Europe

                Financial Times Masters in Management Ranking 2025

                #9
                Worldwide for Alumni Network

                Financial Times Masters in Management Ranking 2025

                81,5k
                Average starting salary after graduation (EUR)

                HHL FT MiM Employment Report 2024

                50%
                Start a career in consulting

                HHL FT MiM Employment Report 2024

                #5
                Career Service worldwide

                Financial Times Masters in Management Ranking 2025

                It’s an easy climb up your career ladder with our HHL Career Service

                In a recent Financial Times Master in Management Ranking, our Career Development Team was ranked 5th worldwide! This is no coincidence, as our experienced psychologists and career experts have long perfected the mix of 1-to-1 coaching, personality tests, workshops and other tools.
                Our Career Development Team will be at your side throughout your job search.

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                More Information

                Identify your purpose

                • Personality tests
                • Career orientation workshops
                • Self-leadership training
                • Individual coaching
                • Webinars

                  Navigate the job market effectively

                    Maximize your network

                    • On-campus company presentations
                    • On-campus interviews
                    • Alumni talks
                    • Company excursions
                    • Recruiting workshops
                    • Student consulting projects
                    • Yearly Career Day

                      What our alumni say

                      The courses at HHL also gave me important tools and a profoundly broad knowledge base, which supported me in my development as a consultant and during my first steps at McKinsey. The freedom to combine three majors probably reflects best how much the academic profile of HHL allows students to tailor their general management toolkit. In my view, this is an outstanding asset for a generalist consulting path.

                      Benjamin Kühl
                      Engagement Manager | McKinsey & Company
                      Two female MBA students from HHL.

                      Start your HHL educational journey now!

                      Take the first application step without the HHL Entry Test or GMAT

                      Our student community is a carefully selected collegial network of motivated peers.  We not only take hard facts into consideration, such as bachelor grades or HHL Entry Test/GMAT but also your personality, your motivation and your ambition.

                      Are you unsure if your profile fits with our admission criteria?
                      Please contact us and we will help you.

                      Free Profile Check  Further application information

                      Application Deadlines

                      +++ Although the official application deadline has passed, there may still be opportunities to join HHL this year. If you are ready to take the next step in your career and start your Master´s journey with us, we would love to hear from you. Get in touch with our Program Consultants to explore your options.. +++


                      Tuition Fees and Financing Options

                      The investment in a FT MiM at HHL is definitely worth it. With an average starting salary of EUR 81,500 and a salary of about EUR 115,000 3 years after graduation, HHL graduates rank among the best-paid Master’s graduates (Financial Times Masters in Management Ranking 2025)!

                      Tuition fees

                      The tuition fees for the complete program amount to EUR 38,500. We offer a tuition fee reduction if you submit your complete application by the following Early Bird deadlines*:

                      • Early Bird 1: November 30 – Discount: EUR 4,500 
                      • Early Bird 2: January 31 – Discount: EUR 3,000
                      • Early Bird 3: March 31 – Discount: EUR 1,500

                      This covers all tuition and examination costs and includes the tuition fees for the term abroad at one of our partner universities. And, of course, the fees do not have to be paid in one lump sum. You will pay your tuition fees in four instalments – spread out over two years. For further information, see our payment terms. One more important note: Your tuition fees are tax-deductible as an anticipated income-related expense. Check out our brochure (in German) on this for tips. Please contact your tax consultant for more information.

                      *In order to receive the early bird discount, you will need to submit your application by the above deadlines, as well as submit all missing documents and tests (including GMAT/GRE or HHL Entry Test) and successfully pass the HHL admissions interview until January 31 (Early Bird 1), March 31 (Early Bird 2) or June 30 (Early Bird 3).

                        Scholarships

                        Additionally, we support you in financing your Master in Management studies. Aside from our range of financing options, we award scholarships to outstanding and particularly driven applicants.

                        How can you secure a scholarship? Convince us of your excellent record and your exceptional personality. Contact us to learn more, we will be happy to advise you!
                        Scholarships Overview 

                          Payment policy

                          Pay your tuition fees in installments!

                          After having been admitted to HHL, you are required to pay a down payment of EUR 3,000. The remaining fees will be paid as follows: The first and second installments are payable on October 1 and March 1 of the first study year. The third and fourth installments are payable on September 1 and March 1 of the second study year.

                            Jana Vogel
                            Program Consultant | Full-time M.Sc. Programs (Europe)
                            Soliris Diaz | Program Consultant Master In Entrepreneurship
                            Soliris Diaz
                            Program Consultant | Full-time M.Sc. Programs (non-Europe)

                            FAQ

                            What is HHL's Full-time Master in Management and what degree does it award?

                            The Full-time Master in Management at HHL is a 21–24 month, English-language program based in Leipzig, awarding an M.Sc. with 120 ECTS. The program is designed to build leadership, strategic management, and entrepreneurial skills, and welcomes a new cohort every September.

                              Do I need a business degree to be admitted?

                              Yes. The Master in Management (M.Sc.) is designed for candidates with a business-related academic background, such as management, economics, finance, accounting, marketing, or related business disciplines.

                                Is an admission test (GMAT, GRE, or HHL Entry Test) required?

                                Yes. Applicants are required to submit a valid GMAT, GRE, or HHL Entry Test score as part of the admission process. However, you may start your application by submitting the mandatory documents first and provide the test score later within the application timeline.

                                  Is work experience required?

                                  Yes. Applicants must have at least 3 months of relevant practical experience, such as internships, working student positions, or full-time employment. Supporting documentation can be submitted after the initial application.

                                    How is the Full-time Master in Management structured?

                                    The program moves through five stages: Welcome Weeks, Essentials (core business fundamentals), Elective Essentials (four chosen modules), Business Competencies (consulting project, internships, and term abroad), and General Management Deep Dives. Students select two of four Deep-Dive specializations: Strategic Management, Financial Decision Making, Transformation Management, or Digital Entrepreneurship.

                                      What are the admission requirements for HHL's Full-time Master in Management?

                                      Applicants need a bachelor’s degree in a business-related field and at least three months of work experience. Beyond grades and HHL Entry Test results, HHL places equal weight on personality, motivation, and ambition. All shortlisted candidates participate in a selection interview, which is a key part of the admissions process. If you are unsure whether your background qualifies, you can request a free profile check before applying.

                                        What are the tuition fees and when are early bird discounts available?

                                        The tuition for the Full-time Master in Management is EUR 38,500, paid in four installments over two years, covering all tuition, exams, and the term abroad. Early bird discounts apply for applications submitted by November 30 (EUR 4,500 off), January 31 (EUR 3,000 off), or March 31 (EUR 1,500 off). The fees are tax-deductible as an anticipated income-related expense in Germany.

                                          What salary can graduates of HHL's Full-time Master in Management expect?

                                          Graduates of the Full-time Master in Management earn an average starting salary of EUR 81,500, rising to approximately EUR 115,000 three years after graduation, according to HHL’s FT MiM Employment Report 2025. In the Financial Times Masters in Management Ranking 2025, HHL ranks #3 in Europe for graduate salaries.

                                            What international opportunities are available in the program?

                                            Students complete a term abroad at one of HHL’s 140 global partner universities, with tuition for that term fully included in the program fee. A double degree option is also available with select partner universities across more than 20 countries.

                                              How to apply to the program?

                                              Applications are submitted via the HHL application portal. Mandatory documents include: CV, Letter of Motivation, high-school diploma, Bachelor’s transcript, and a passport photo. Further documents (proof of work experience, degree certificate, proof of English proficiency, GMAT/GRE/HHL Entry Test score) can be submitted later in the process.

                                                How does HHL support students in finding jobs after graduation?

                                                HHL’s Career Development Team, ranked #5 worldwide in the Financial Times Masters in Management Ranking 2025, provides one-to-one coaching, CV reviews, case study training, and access to on-campus recruiting events. According to the Employment Report 2025, 50% of Full-time MiM graduates begin their careers in consulting.

                                                  Does the Full-time Master in Management include AI and technology coursework?

                                                  The curriculum includes Disruptive Technologies and Business Models (covering AI, blockchain, and robotics) as well as Online Marketing and Customer Analytics, which teaches data-driven marketing using R. HHL also maintains a dedicated AI initiative connecting leadership, research, and entrepreneurship across all programs.

                                                    Does the Full-time Master in Management include AI and technology coursework?

                                                    The curriculum includes Disruptive Technologies and Business Models (covering AI, blockchain, and robotics) as well as Online Marketing and Customer Analytics, which teaches data-driven marketing using R. HHL also maintains a dedicated AI initiative connecting leadership, research, and entrepreneurship across all programs.