MASTER IN MANAGEMENT | STRATEGY AND BUSINESS CONSULTING (M.SC.)

Full-time Study Program

Master Strategy and Consulting in the Age of AI

Top consultants combine analytical thinking, strong communication, and the effective use of AI. The HHL Master in Management | Strategy and Business Consulting Program develops these capabilities across three key areas:

  • IQ: Structured problem solving and data-driven decision-making
  • EQ: Understanding client needs, clear communication, and team leadership
  • AQ: Applying AI to generate insights and strategic recommendations

Through consulting projects, case discussions with industry experts, and hands-on learning, you will learn how to turn analysis into impactful strategies. The program is complemented by dedicated career counseling, international perspectives, and an inspiring study environment at
HHL Campus in Leipzig.

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
HHL Students attending HHL Career Day

Five Reasons for HHL’s Master in Management | Strategy and Business Consulting

  • Become a Consultant of the Future: Develop a unique skill set combining analytical intelligence (IQ), emotional intelligence (EQ), and AI literacy (AQ).
  • Learn Consulting by Doing: Work on real-life consulting projects, strategy case discussions, and company challenges – with practice-oriented input from guest lecturers from the consulting industry.
  • Build Your Network: Benefit from expert coaching, a strong alumni and company network, and top tier career opportunities in consulting firms (approx. 50 % start in strategy consulting).
  • Gain Global Experience: Study abroad at one of 140 partner universities worldwide, with no additional fees.
  • Shape Your Own Career Path: Customize your program with electives, internships, and practical experiences aligned with your consulting goals.

The HHL Master in Management | Strategy and Business Consulting: 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

    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 self-leadership frameworks and gaining awareness for the cross-functional abilities needed to excel in a modern business world.Overview Essential Courses

      3. Elective Essentials

      Lay the foundation

      With the Elective Essentials, you can further shape your profile according to your interests and career goals while gaining new skills. In the Master in Management | Strategy and Business Consulting, you choose a total of four modules from the following options:
      Overview Elective Essentials

        4. Business Competencies

        Real-World Experience, Lasting Impact

        Through consulting projects, case discussions with industry experts, and hands-on experiences, you’ll learn how to transform analysis into actionable strategies that create real impact for organizations. Whether it’s tackling real company challenges, studying abroad, or completing internships, the practical experience you gain, along with the connections and relationships you build, will serve you far beyond graduation.
        Our program offers a range of unique opportunities to apply your newly acquired knowledge and skills, equipping you with the expertise and network to excel in strategy and consulting careers.

        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

        Internships

        Whether in strategy consulting, business development, or strategic management, our integrated internship gives you the chance to gain hands-on experience in diverse sectors and corporate cultures. It’s your opportunity to explore new perspectives, build valuable contacts, and develop skills aligned with your unique career goals. In addition to the mandatory internship, you can complete up to two additional internships to further deepen your practical experience.Overview Business Competencies

          5. Strategy and Business Consulting Deep Dives

          Become a consultant that stands out!

          The Strategy and Business Consulting Focus is designed to turn you into a standout expert by combining academic excellence with practical insights into real-world business challenges. While diving deep into strategy, consulting frameworks, and hands-on projects, you will maintain a clear view of the big picture, enabling smart decision-making and impactful solutions for organizations.
          The program develops the three core skills – Analytical Brilliance, Emotional Intelligence and AI Literacy – essential for tomorrow’s consultants, preparing you to excel in strategy and business consulting and make a real impact in your career.
          Overview Deep Dive Courses

            AI Literacy in the MiM | Strategy and Business Consulting

            Mind Meets Machine | GenAI for Future Leaders

            Generative AI is transforming the way organizations operate – at a pace that demands strategic understanding at the leadership level. This course provides a solid foundation in GenAI: from technical fundamentals and market developments to regulatory frameworks, ethical considerations, and change management. Drawing on real-world case studies and insights from experts in consulting and academia, participants learn to critically assess AI potential and translate it into tangible business impact.

            Key Topics:

            • Technical fundamentals of Generative AI
            • AI market trends and regulatory landscape
            • Implementing GenAI: ethics, compliance and change management
            • Real-world industry case studies

            Coding & Data Literacy

            Programming skills are increasingly essential for leaders navigating a data-driven economy. This course offers a hands-on introduction to the programming language R – from basic syntax and data processing to first applications in machine learning. Students develop the ability to analyze data independently and to confidently operate at the interface of business and technology.

            Key Topics:

            • Programming fundamentals with R
            • Data wrangling, visualization, and exploration
            • Introduction to data science and machine learning
            • Application to real-world business problems
              Portrait of Dr. Alexander Nossmann | Managing Director & Partner, Boston Consulting Group (BCG)

              Today, two key competencies define successful consultants: first, the ability to use artificial intelligence in a reflective and responsible way when advising clients; and second, the ability to help clients harness AI effectively. In my course, Mind Meets Machine, I equip students at HHL with exactly these skills, enabling them to combine human judgment with AI to create real impact for clients.

              Dr. Alexander Noßmann
              Managing Director & Partner, Boston Consulting Group (BCG & BCG X)

              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

                ~20

                Students in the Strategy and Business Consulting Track

                Icon Earth

                35%

                International Students

                24

                Average age

                1-2 years

                Average work experience

                A Master’s program that pays off!

                #3
                For graduates' salaries in Europe

                Financial Times Masters in Management Ranking 2025

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

                HHL FT MiM Employment Report 2025

                50%
                Career start in strategy consulting

                HHL FT MiM Employment Report 2025

                #5
                Career Service worldwide

                Financial Times Masters in Management Ranking 2025

                #9
                Worldwide for Alumni Network

                Financial Times Masters in Management Ranking 2025

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

                Our strong industry network connects you directly with leading consulting firms through workshops, events, company visits, and real projects. Close ties to alumni and recruiters provide valuable insights, networking opportunities, and a strong foundation for launching your consulting career – reflected in the fact that over 50% of graduates start in strategy consulting.
                This success is supported by our award-winning Career Development Team, ranked 5th worldwide by the Financial Times. Through personalized coaching, workshops, and expert guidance, they support you throughout your job search – helping you achieve an average starting salary of over
                EUR 81,500.

                How we accelerate your career success

                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

                  Our recruiting partners

                  • Accenture
                  • Bain & Company
                  • Boston Consulting Group (BCG)
                  • Deloitte
                  • EY Parthenon
                  • KMPG
                  • McKinsey & Company
                  • Porsche Consulting
                  • Roland Berger
                  • Simon-Kucher & Partners
                  • Stern Stewart & Co.
                  • Strategy&
                  • Struktur Management Partner
                  • Oliver Wyman
                  • Volkswagen Consulting
                  • And many more…

                    What our alumni say

                    Portrait of Katharina Brünig, HHL Alumna, Senior Consultant, McKinsey & Company
                    Katharina Brünig
                    HHL Alumna | Senior Consultant, McKinsey & Company

                    Through my studies at HHL, I gained essential methodological foundations in communication and structured problem-solving, which I was able to deepen through numerous case study group projects and still apply in my daily work today. At the same time, HHL opened up new career paths that I had not previously considered.

                    Portrait of Alexander Kout, HHL Alumnus, Vice President, Stern Stewart & Co.
                    Alexander Kout
                    HHL Alumnus | Vice President, Stern Stewart & Co.

                    As an HHL alumnus, I can say that the course “Problem Solving and Communication” is one of the most challenging and relevant classes at HHL. In strategy consulting, it is not only essential to structure complex problems and develop effective solutions, but also to communicate them in a clear and compelling way. As a practice partner, it is always inspiring to work with a new generation of talented students, challenge them with real-world problems, and see how they grow through the experience.

                    Portrait of Lena Mittelmeier, HHL Alumna, Senior Manager/Sales Strategy, Apleona Group
                    Lena Mittelmeier
                    HHL Alumna | Senior Manager/Sales Strategy, Apleona Group

                    Through diverse teaching formats and dynamic team settings, HHL continuously challenged me to grow both professionally and personally. It provided a powerful environment to pursue my career ambitions while exploring new interests and taking on responsibilities beyond the classroom. Surrounded by bright and driven peers, I developed the skills and mindset needed for a successful career in strategy.

                    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


                    Tuition Fees and Financing Options

                    The investment in a FT MiM | Strategy and Business Consulting 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 | Strategy and Business Consulting and what degree does it award?

                          The Full-time Master in Management | Strategy and Business Consulting at HHL is a 21–24 month, English-language program based in Leipzig, awarding an M.Sc. with 120 ECTS. The program develops the three core competencies of modern consultants: analytical intelligence (IQ), emotional intelligence (EQ), and AI literacy (AQ). A new cohort starts 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 | Strategy and Business Consulting structured?

                                  The program covers Welcome Weeks, Essentials, Elective Essentials (four modules tailored to consulting career goals), Business Competencies (student consulting project, mandatory internship, and up to two additional internships), and the Strategy and Business Consulting Deep Dives. Throughout the program, students work on real consulting projects with industry experts from firms including BCG, McKinsey, and Roland Berger.

                                    What are the admission requirements for HHL's Full-time Master in Management | Strategy and Business Consulting?

                                    Applicants need a bachelor’s degree in a business-related field and at least three months of relevant work experience. Beyond academic results and test scores, HHL places equal weight on personality, motivation, and ambition. All shortlisted candidates participate in a selection interview. If you are unsure whether your background qualifies, you can request a free profile check before applying.

                                      What are the tuition fees and early bird discounts?

                                      The tuition for the Full-time Master in Management | Strategy and Business Consulting is EUR 38,500, paid in four installments, 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 | Strategy and Business Consulting expect?

                                        Graduates 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.

                                          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.

                                            What international opportunities are available in the program?

                                            Students can 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 universities across more than 20 countries.

                                              What career paths do graduates of this program typically pursue?

                                              Over 50% of graduates start their careers in strategy consulting, with recruiting partners including McKinsey, BCG, Bain, Roland Berger, Oliver Wyman, EY Parthenon, and Strategy&. HHL’s Career Development Team, ranked #5 worldwide in the FT MiM Ranking 2025, supports students through coaching, case study training, and dedicated on-campus recruiting and company visit events.

                                                How does the program build AI and data skills relevant to consulting?

                                                The course Mind Meets Machine: GenAI for Future Leaders covers AI fundamentals, regulatory considerations, and real-world consulting applications, taught in collaboration with a Managing Director and Partner at BCG and BCG X. A dedicated Coding and Data Literacy course introduces programming in R, covering data wrangling, visualization, and machine learning applied to business problems.