Are you looking for a Master program in Germany that perfectly prepares you for managerial positions at top international companies or (big three) consultancies?
The Master in Management Program at our top-tier business school will open doors to completely new and international career opportunities, tailored to your aspirations!
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Startup Radar by Stifterverband 2022
FT Master in Management Ranking 2022
FT Master in Management Ranking 2022
You cannot grasp it, and yet it is everywhere: the HHL spirit. Our HHL spirit turns your studies into a unique experience.
The small and tight-knit community of students, alumni, professors and staff from around the world creates a community spirit that lives on after graduation.
Our Master in Management program is designed to enhance your existing knowledge of business administration in a unique interdisciplinary educational experience. Drawing upon their in-depth knowledge and professional experience, our faculty provides new insights and innovative approaches to current and emerging challenges – all with a sharp focus on your personal development. You will acquire the skills and enhanced leadership abilities that allow you to master change and excel in intercultural environments.
Our philosophy is to match academic excellence with key insights on practical challenges. There is no better way to gain such insights than by exchanging with experienced guest lecturers from consulting, corporate management, startups – founders and investors – as well as financial institutions. Beyond that, you get the opportunity to apply your acquired expertise instantly during our student consulting project, our entrepreneurial business planning seminar and potential internships.
Our renowned career service supports you in discovering and unfolding your individual potential right from the start. We advise you individually on career paths, applications, or interview preparation. Additionally, we bring top recruiters from leading consulting firms to companies in the financial sector to international corporations or startups to the campus to give you a head start in the career you desire. Being Germany’s #1 in starting salaries and constantly ranking among the best ten business schools for career services proves us right.
We live in an increasingly globalized world and we firmly believe that international competencies are essential for future leaders. Therefore we place great emphasis on the development of your intercultural skills. All our classes are taught in English and consist of 33 % international students from all over the world. You will be working with interesting classmates from various cultural backgrounds. Furthermore, a term abroad at one of our more than 140 partner universities is integrated into the curriculum at no additional cost. You can even complete a double degree*.
*Please note this will extend your studies and incur an additional fee.
At this point we prefer to let our alumni speak. Here is what Irene Klemm, co-founder of Edurino and Ex-BCG consultant, says about the HHL spirit: “The HHL spirit is undoubtedly something that makes HHL very special. It is determined by a strong cohesion, a close community, and often friendships.”
Due to our constant effort to foster our community, we have built a tight-knit network of loyal alumni and passionate supporters all over the world. As a student of HHL, you become part of it and get to interact with successful entrepreneurs, leading international managers and top-class experts.
Our student ambassadors are here to share their experiences of HHL and to answer any questions you may have about their HHL journey, their student life and their advice on how to make the most of your studies. Simply browse our list of ambassadors, choose the student of the program you are interested in and start the conversation.
N.B. Please contact your program consultant, for questions about the application process and fees and financing.
The master program at HHL gave me an unparalleled freedom to explore my intellectual curiosity and career options. The program empowered me to choose courses, projects and internship possibilities to fit my preferences and build on real-world experiences. HHL’s collaborative community of accomplished students and supporting faculty has encouraged me to take risks, seek different career opportunities in various industries and finally define my own career path.
With its interdisciplinary and practical approach, HHL equipped me with a holistic toolset which helps me to thrive early in my career. Rationalizing situations with quantitative models, analyzing challenges from various perspectives and deriving business critical solutions is only a minor selection of the skills I refined during my time at HHL. Beyond the skill set, I am fascinated about the high-quality profiles in our HHL network and their openness to step into a dialogue.
Getting my degree at HHL was one of the best decisions I could have made: it prepared me to thrive in any environment, no matter how complex or challenging, and connected me to incredible recruiters, alumni, and life-long friends. The HHL spirit is unique in that you can be more yourself, which helped me walk my own path after graduation and helped me fulfill my dream of a thriving career in the US.
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.
Further, the course formats at HHL gave me the chance to learn how to structure problems under time pressure, handle multiple assignments at the same time and how to effectively work in teams. It may be stressful at times, but I could understand how I prefer to work in these situations and how to build resilience.
The master program at HHL prepared me for the job world through its practical approach. Everybody worked on many real-life projects as part of the curriculum. This practical orientation combined with various networking events, continuous career coaching and numerous internship possibilities gave me a chance to visualize what I could and wanted to do after my studies.
With a background in media management and advertising, shifting to a major in Finance really pushed my understanding of how markets work and opened up a whole new perspective on business to me. Not only this, but the well-chosen balance between theoretical and applied finance prepared me for my start at Bain and continues to enhance my work as a consultant.
During my studies abroad, I especially enjoyed learning about business in Latin America, such as the startup environment or other business opportunities. Both on campus and while travelling I spent a lot of time getting to know other people and cultures. This also prepared me for my career to work in a way that transcends geographic and cultural boundaries.
Studying at HHL has certainly been the challenge I was looking for. To reach – or go beyond – my limitations was both what I intended and achieved. Working with smart and diverse teams on several projects simultaneously enhanced my organizational skills, time management and stress resistance significantly. HHL definitely provided me with the toolset to master the upcoming challenges.
One of the many reasons why I chose to study at HHL is its excellent career service. You receive great support in preparing your application documents and valuable training for job interviews. Furthermore, every year there are about 30 company events at HHL, at which HHL alumni and other high-ranked company representatives present their field of work, conduct a workshop and tell you in a relaxed atmosphere over food and drinks what working for their company is really like.
Your personal aspirations are at the centre of the entire program – from the content to the practical experience. Thanks to the flexibility of the Master in Management program at HHL, it can be adapted to your individual career path. You decide whether to complete the program in 21 or 24 months. You select the focus of the program according to your personal and professional interests. You choose how to shape your practical experience.
We will equip you with all the tools to become a responsible and effective leader and manager – be it in an international company, a reputable consultancy, or an innovative startup. In addition to leading you to a deepened understanding of state-of-the-art business management concepts, our Master program in Germany will also strengthen the skills that will ensure your success in management in the digital and fast-paced future on an international scale.
The full-time Master’s program consists of the following elements designed to educate and train innovative, responsible, and successful future leaders: The Welcome Weeks, Essentials, Elective Essentials, Business Competencies, and the General Management Deep-Dives!
The “Welcome Week” offers a dive into the #hhlspirit. Our students get to know classmates from all of our programs and from all corners of the world, both virtually and on-site. This community event lays the foundation for a powerful network that will support them not only through their studies but far beyond.
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.
|Essentials (10 ECTS)|
|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)|
With the opportunity to choose three 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 Economics||Entrepreneurship||Finance & Accounting||Business Management|
|International Macroeconomics (5 ECTS)||Disruptive Technology & Business Models (5 ECTS)||Financial Analysis & Modelling (5 ECTS)||Organizational Behavior (5 ECTS)|
|Managerial Decision Making (5 ECTS)||Entrepreneurship (5 ECTS)||Entrepreneurial Finance (5 ECTS)||Value Chain Management (5 ECTS)|
|Coding & Data Literacy (5 ECTS)||Competitiveness (5 ECTS)|
|International Study Trip (5 ECTS)|
Working on a real-life project, studying abroad or completing internships: The practical experience you gain and the connections you build will serve you far beyond graduation and equip you with an invaluable network.
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
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.
Discover new countries, dive into new cultures, and invigorate your intercultural competencies during your term abroad at one of our 140 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
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 (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)|
With the Master in Management at HHL you are always one step ahead. The HHL professors who accompany and support you throughout your studies are respected experts in their fields and conduct cutting-edge research, often in collaboration with leading German and international partners. The latest research results are immediately incorporated into our Master in Management lectures so that state-of-the-art management knowledge is always in our curriculum.
At HHL you will also benefit from the know-how and expertise of our visiting professors from around the world – be it e.g. Belgium, Canada, France, India, Ireland, Switzerland or the UK. They enrich your learning experience through their comprehensive international exposure. In addition, many of our successful alumni return to the campus as guest lecturers, to share their invaluable practical experience with the next HHL generation and to advise them with insider tips for career advancement.
In the Master in Management Program at HHL we combine academic and practice-oriented management knowledge. This means that leading practitioners with a wide range of professional expertise actively contribute to your learning experience. High-profile personalities from business and science regularly teach M.Sc. classes as visiting lecturers, including successful entrepreneurs, leading consultants, experienced executives and innovators from the startup world.
For us, the cooperation with HHL and their young inspiring students from all over the world was a unique experience offering a win-win result for all parties: The company Porsche and the students of HHL. We all shared our stories, practices and skills to reveal fresh ideas for new products, services and consumer experiences.
Many of the HHL students have practical experience through previous internships. The often diverse academic backgrounds are complemented by a sophisticated HHL study program. We at Roland Berger are looking for special characters – and we find them 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, Moscow, Stockholm, 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.
One more option for you: An additional degree from one of HHL’s partner universities! Aside from your term abroad, you have the option of receiving an additional degree from one of our global network of partner universities. Don’t worry, there’s no need to decide on your international options just yet! And of course, your HHL team is here to support you!
About the double-degree option
Our partner universities with double degree options at a glance:
HHL‘s award winning Career Service supports you to discover and unfold your individual potential – from the very first moment at HHL. Top recruiters coming to campus offer extraordinary career opportunities to kick-start your career.
FT Master in Management Ranking 2022
HHL Career Service
Employment Report 2021
FT Master in Management Ranking
FT Master in Management Ranking
McKinsey & Company, Boston Consulting Group, Bain & Company, HSBC, Deutsche Bank, Dr. Oetker, Roland Berger or Amazon: Countless renowned companies frequently recruit on our campus. With an average starting salary of EUR 80,900, your investment will definitely pay off!
In a recent Financial Times Master in Management Ranking, our Career Development Team was ranked 11th 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. They help you discover what unique skills and strengths set you apart. Together, you will tailor a personal career plan to significantly increase your prospects and reach your career goals successfully and rapidly.
We will be at your side throughout your job search. Our Career Development Team will:
With passion and commitment, and our famous personal touch, we pave the way for your success and help you land that dream job!
When it comes to entrepreneurship, HHL takes the lead – among business schools and across Europe. As a small university with global reach, we prioritize both the individual development of the entrepreneurial spirit and the collective strengthening of an international network. At HHL we live and breathe entrepreneurship. You can’t learn how to think like an entrepreneur, how to feel if a business idea has potential, or how to have the courage and power to take risks out of a textbook. Our approach is practical, and that is how we breed success:
HHL alumni statistics
HHL Survey 2023
HHL Survey 2022
The HHL Digital Space is based on the HHL campus in Leipzig and supports early stage founders together with established companies in their entrepreneurial pursuit with a dedicated 12-week incubation program and workshops. The main goal is to connect founding teams, equip them with business and tech knowledge and provide an open platform to empower entrepreneurship. hhl-digital.space
A modern accelerator and co-working space in the middle of the Leipziger Baumwollspinnerei, Leipzig’s creative heart, provides aspiring entrepreneurs with resources, partners and support to develop their ideas. Successful entrepreneurs, potential investors, highly engaged coaches and experienced mentors supplement the know-how gained during the program by advising, supporting and establishing the right contacts for your startup dream to take off. spinlab.co
HHL is a small and tight-knit community of students, alumni, staff and professors from around the world. At HHL you can always approach our highly engaged faculty and staff members. We are happy to lend an ear and support you in any way we can. After all, your success is our success. We actively live up to it and make sure that our students and alumni do too!
Graduating from HHL not only gives you a degree from one of Germany’s best business schools, but it also means lifelong access to a first-class network of successful entrepreneurs, leading international managers, key players in the startup scene and top-class experts. Friendships and contacts established at HHL will long outlast your studies. HHL alumni are active in over 70 countries, they are well connected, and they support each other and future graduates in a multitude of ways. And there’s more! Many of our over 3,500 alumni frequently return to campus to support the new HHL generation with their know-how and experience and often even recruit students from their alma mater.
Leipzig is open, international and vibrant. Located at the crossroads of historic European trade routes, Leipzig prides itself on its 1,000-year tradition of commercial vitality and its reputation as a meeting place for science and the arts. Beyond its modern infrastructure, what makes Germany’s fastest growing city so popular and dynamic is its rapidly expanding economy, housing world-famous brands such as Porsche, BMW, DHL and Amazon. HHL, the first “Handelshochschule” in German-speaking Europe, was established back in 1898 and therefore laid the foundation for Leipzig’s profound management education early on. Parks, cafés, bars, clubs and lakes invite you to enjoy a welcome break from your studies. Plus, Berlin and all that it has to offer is just one hour away. And the best of it all? Living expenses in Leipzig are affordable for students!
The HHL campus is centrally located and, at the same time, surrounded by idyllic parks and rivers. You will experience an inspiring multicultural atmosphere and real campus flair. You also get to take advantage of the adjacent sports department of the University of Leipzig: As an HHL student, you are eligible to use all of their sports facilities and to sign up for sports courses offered by the Leipzig University. And to accommodate a flexible study schedule, we grant our students access to HHL’s premises 24 hours a day, 7 days a week. You can use the library, the study areas and meeting rooms, the lounge and the Student Club any time you want! Intrigued? Please contact us – we would be delighted to show you around our campus in person! We look forward to meeting you!
Leipzig offers students a very high quality of life for extremely affordable prices. In contrast to many other student cities in Germany, Leipzig still has affordable student accommodation. The approximate living costs per month including accommodation in Leipzig are around 650 Euro, while the average living costs in Germany are estimated at 835 Euro.
Here is an overview of the monthly costs that you should take into account during your studies in Leipzig:
_Accommodation: EUR 200-350 for student accommodation or private housing
_Health Insurance: EUR 90 for students under 30, EUR 40+ for students over 30*
_Books & Printing: EUR 10
_Food: EUR 200
_Leipzig Student Union fees/transport: EUR 35**
_Other: EUR 100
Additional one-off starting costs
_Residence permit (only for non-EU citizens without a Stibet scholarship): EUR 110
_Rental bond: EUR 250
Maximum amount of initial costs: EUR 360
*Students under the age of 30 are eligible for public health insurance, students over 30 must get private health insurance, where prices will vary.
**All students must pay this fee, which covers a range of services by the student union, including the semester pass for trams and busses in Leipzig. The semester fee is EUR 216.50.
Find out everything you need to know before and after arriving in Germany, from visa requirements, health insurance, and housing to residence permits.
Take the first application step without the GMAT
Our student community is a carefully selected collegial network of motivated peers who will help you reach your full potential. For this reason, handpicking our students is very important to us. We not only take hard facts into consideration, such as bachelor grades or GMAT/ HHL Entry Test 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 to find out with our free pre-application service.
Admission Test Days:
HHL offers on-campus admission days (see below). You can choose in which day you want to participate.
For applicants who are unable to attend the on-site admissions day, we offer virtual admissions interviews. We will arrange the timeslot individually with you to best suit your personal schedule.
Due to our limited capacities, it is beneficial to submit your application at your earliest possible convenience.
HHL prides itself on adding a personal touch to the admission process through its on-campus admission test days. In addition to the admission interviews with an HHL professor, you will have an interview with an HHL alumni and get the chance to make the first contact with company representatives. Furthermore, you will have the opportunity to participate in a networking event with current HHL students, get to know the HHL campus, the new Digital Space and explore the city of Leipzig. Last but not least: You will receive the final decision of the admission committee on the same day.
In order to qualify for an admission test day, you need to have submitted all mandatory documents (see below). After a close review of the submitted documents, you will be invited by the admissions office if your profile meets our expectations.
The admission test day has three parts:
The competencies focused on during the interviews are:
For the short presentation, the candidate receives two different topics of which one has to be chosen. One hour of preparation time is given. Each candidate can use his or her own laptop for research. HHL will provide free Wi-Fi.
The following aspects will be evaluated:
As an alternative to the on-campus admission test day, we offer a virtual admission process. After you have submitted your application online and your eligibility for the program has been confirmed, you will be invited to a virtual interview with an HHL professor. We will arrange the timeslot individually with you to best suit your personal schedule.
The virtual admission interview usually takes 1 hour and consists of two parts:
The competencies focused on during the interview are:
For the presentation, you will receive a topic two days before the interview takes place.
The following aspects will be evaluated:
After a successful interview, your complete application will be discussed by our admissions committee. You will be informed about the decision approximately 7-10 days after the interview.
Documents required to submit your application online:
Documents required to complete your application*
*These documents can be submitted later during the application process. Please note the deadlines with regard to Early Bird Deadlines.
Applicants from China, India and Vietnam need an APS certificate in order to be able to study at a German university. Please visit APS China, APS India or APS Vietnam for further information.
The investment in a Master in Management degree at HHL is definitely worth it. With an average starting salary of EUR 80,900 and a salary of about EUR 115,000 3 years after graduiation, HHL graduates rank among the best-paid Master’s graduates!*
Source: Financial Times Masters in Management Ranking 2022
The tuition fees for the complete program amount to EUR 33,900. We offer a tuition fee reduction if you submit your complete application by the following Early Bird deadlines*:
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 must have submitted 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 February 28 (Early Bird 1) or May 31 (Early Bird 2).
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 (please see documents below). Contact us to learn more, we will be happy to advise you!
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.
Are you curious about experiencing HHL for yourself? You are welcome to visit us on campus. Do not miss the opportunity to talk to our students or experience our professors in a lecture. Please feel free to contact us at any time, we look forward to hearing from you!