MBA | Finance

Full-time Study Program

Become a specialist – in creating your own future with an MBA | Finance

In today’s fast-paced business environment, expertise in corporate finance is key to driving strategic decision-making and creating value. Our MBA | Finance combines a comprehensive general management education with specialized finance modules. The program equips you with the tools to navigate complex financial environments while developing the broader business acumen needed to thrive in any industry.

Whether you are aiming to enhance your financial expertise or transition into a new field, our MBA gives you the flexibility and knowledge to accelerate your career and become a future leader in corporate finance.

At a glance

  • Degree: MBA | 120 ECTS
  • Location: Leipzig
  • Language: English
  • Start: September
  • Duration: up to 21 months
  • Application deadline: June 30 (non-EU candidates: May 31)
  • Eligibility: Bachelor degree in any discipline, min. of 3 years of post-graduate work experience
Group of three MBA Students at HHL.

Seven Reasons for HHL’s MBA | Finance

  • Full MBA experience with an edge in corporate finance: The program offers a well-balanced blend of essential management skills and a focused specialization in corporate finance, equipping you with comprehensive leadership and financial expertise.
  • Stepping stone into the German job market: More than 95% of MBA candidates launch their MBA career in Germany and more than 90% find a job within 3 to 6 months of graduation.
  • Practical work experience: Gain hands-on experience in the German job market through a student consulting project or an internship, enhancing your practical skills.
  • International Experience: Explore global opportunities with an optional term abroad at one of our 140 partner universities, or even earn a double degree.
  • Social Impact Expedition: Explore social and sustainability issues firsthand through travel and interactions with social entrepreneurs, focusing on social innovation and sustainable solutions.
  • German language courses: Increase your career prospects in Germany with an intensive beginner’s German course offered before the MBA program begins, followed by German language courses for all levels running throughout the program.
  • Study location Leipzig: Leipzig is a dynamic city that offers a high quality of life at an affordable cost of living.

The HHL Full-time MBA | Finance: Program Overview

1. Welcome Weeks

Where your HHL adventure begins!

The Welcome Weeks dive straight into the HHL spirit. With a mix of intercultural team-building activities and informative sessions about HHL and the program, you will embark on your unforgettable HHL adventure. You will connect with classmates from all of our programs and lay the foundation for a powerful network of contacts that will support you not only through your studies but far beyond.

    2. General Management Essentials

    The key qualifications for tomorrow

    Here, you will lay the foundation for your management career. Our three pillars provide a balanced mix of essential management fundamentals and cutting-edge knowledge.

    Management FundamentalsLeadership & ReflectionEntrepreneurship & Disruption
    24 ECTS24 ECTS12 ECTS
    AccountingManaging Success FactorsEntrepreneurship & Technology
    Financial Accounting & ReportingProblem Solving & CommunicationDisruptive Technologies & Business Models
    Cost AccountingNegotiationEntrepreneurship
    Marketing & LogisticsEthics & SocietySustainable Innovation
    MarketingBusiness EthicsSustainability, Society, Social Entrepreneurship & You *Including International Impact Expedition
    Logistics & Supply Chain ManagementBusiness, Environment, Society & LeadershipCircular Economy
    Economics & FinanceLeadership Skills
    EconomicsMe as a Leader
    Corporate FinanceNew in the Leadership Role & Human Resources
    Strategy & OrganizationsAdvanced Communication
    Business StrategyPublic Relations & Crisis Communication
    Organizational BehaviorChange Management & Stability

      3. Mandatory Deep Dives

      Enhance your financial expertise

      The mandatory Deep Dives will intensify your knowledge and skills in corporate finance – from corporate valuation to risk management. While immersing yourself in the exciting world of Finance, we will make sure that you never lose the big picture on strategic implications and decision-making.

      You will specialize in corporate finance with selected modules that convey important skills from business valuation to risk management.

      Corporate Valuation and M&A

      • Deep dive into determining business values and learn how to structure M&A deals, which is needed in the field of investment banking, private equity or asset management.

      Entrepreneurial Finance

      Follow up with start-up valuations, stage-based financial planning and get to know deal structures in fundings to acquire insights on finance and data analytics.

      Advanced Corporate Finance

      Learn about advanced financial challenges – from debt financing, bankruptcy to distress and related phenomena and get to know about optimal capital structures.

      Risk Management

      Sum up your corporate finance know-how with risk measurement, hedging and insuring strategies and gain an outlook on financial engineering.

      Financial Management (6 ECTS)Advanced Financial Management (6 ECTS)Decision Making (6 ECTS)Finance Seminar (6 ECTS)
      Corporate Valuation & M&AAdvanced Corporate FinanceQuantitative Management TechniquesApplied Corporate Finance
      Entrepreneurial FinanceRisk ManagementManagerial Decision Making

        4. Optional Deep Dives

        Based on your personal ambitions and interests you can complement your financial knowledge with modules on various topics including entrepreneurship, strategy, and leadership.

        Strategic ManagementMarketing ManagementInnovative BusinessCompetitiveness & Value ChainsLeadershipAdvanced General Management
        6 ECTS6 ECTS6 ECTS6 ECTS6 ECTS6 ECTS
        Corporate StrategyOnline Marketing & Customer AnalyticsInnovation Management & Corporate EntrepreneurshipMacroeconomics and the Global EconomyLeading High Performance TeamsChoose 6 credits from 2 different modules
        Managing Global CorporationsInternational Marketing SimulationBig Data AnalyticsValue Chains in the Digital AgeMindful Leadership

          5. Customization Modules

          Gain practical and international experience

          You have access to several additional practical options. Whether you are working on a real-life project, studying abroad, or completing an internship, the practical experience you gain and the connections you build will benefit you long after graduation.

          Practical and International ExperiencesConsulting ProjectGerman Language CoursesLean Startup SeminarOpen CourseInternational Study TripExtra credits from study abroad
          12 ECTS8 ECTSUp to 6 ECTS8 ECTSUp to 4 ECTS4 ECTS6 ECTS
          Internship / Entrepreneur in Residence / Study abroadStudent Consulting Projects and Project & Process Management CourseGerman as a Foreign Language (DaF) / different proficiency level courses are offeredBusiness Design, Modelling, and PlanningNew courses are offered every yearInternational partner school / Additional costs associatedExtra credits for additional courses in your exchange term

            6. Master Thesis

            The culmination of your MBA program

            The Master Thesis in our full-time MBA program is the crowning achievement of your academic journey, highlighting your expertise in business and management. This independent research project lets you delve into a topic of your choice, focusing on real-world relevance and critical thinking. With guidance from experienced mentors, your thesis will showcase your ability to analyse and apply the knowledge you’ve gained throughout your MBA program.

              Programe Schedule

              Master Finance Program Schedule

              Our Class Profile

              Our full-time MBA | Finance features students from around the globe with diverse backgrounds, including engineering, medicine, and music. They bring a wealth of experiences from various cultures, languages, sectors, and companies, effectively preparing them for careers in global and intercultural teams. Small class sizes and interactive group projects enhance intercultural competencies and foster team spirit, allowing students to build a strong network of friendships and valuable global contacts that open doors in their management careers.

              40-50

              Students per class

              Icon that shows the earth.

              97%

              International Students

              Icon that shows a woman.

              46%

              Female students

              32

              Average Age

              25-40

              Age range

              8 years

              Average work experience

              Unlock new career opportunities

              The MBA | Finance combines essential management skills with specialized insights into corporate finance, offering diverse career opportunities. Throughout your studies, you can strategically tailor your career path to align with your personal interests. The finance specialization unlocks a targeted set of career options, which you can further enhance by deepening your knowledge in areas that matter most to you. What will your career path be?

              Financial Services & Banking

              • Our finance specialization modules will strengthen your abilities to critically reflect and analyze financial performance and to arrive at well-informed business decisions.

              Corporate Performance

              • With our MBA | Finance you will bring an entrepreneurial mindset to every company, fostering innovative thinking while being aware of financial decision-making.

              Consultant Brilliancy

              • Our management essentials provide you with a comprehensive understanding of decision-making across various industries. The specialization in corporate finance enhances your analytical skills, complementing them with strategic expertise.

              Start-up Adventure

              • Among other important topics, understanding finances is crucial when starting your own business. The MBA | Finance equips you with the skills needed to lead as your company’s CEO.

              97%
              launch their post-MBA career in Germany

              HHL MBA Emloyment Report 2023

              92%
              employment rate 3 months after graduation

              HHL MBA Employment Report 2023

              #4
              Career Service worldwide

              Financial Times Masters in Management Ranking 2024

              Tailored Support for Your Career

              With passion and commitment, HHL’s top-ranked Career Development team provides personalized support to help you pave the way for a successful and fulfilling career. We’ll assist you in identifying your strengths, developing your skills, and strategically focusing on achieving your professional goals.

              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

                    Visa options after graduation

                    Did you know that Germany’s visa regulations are very favourable for international students looking to enter the German job market? After completing your studies, you can apply for a range of options, including:

                    • 18 months job seeker visa: search for employment opportunities that match your skills and aspirations
                    • a work permit: enables graduates to work and reside in Germany as long as they hold the position which the work permit is tied to
                    • EU Blue card: a permit for highly skilled professionals who meet a minimum salary threshold per annum

                    Want to learn more about your post-MBA visa options?

                      Two female MBA students looking at a smartphone.

                      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 your work experience 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

                       


                      An MBA | Finance in Germany: Education that pays off!

                      Investing in the MBA at HHL pays off quickly. QS rankings consistently demonstrate that our MBA graduates experience an exceptionally high return on investment, allowing them to recoup their educational costs within just a few years. Why? Our graduates swiftly transition into managerial positions at leading companies, enjoying an average salary increase of 80 percent. An MBA from HHL is not only a fantastic career booster but also delivers quick returns!

                      Tuition fees

                      The tuition fees for the MBA program amount to EUR 41,600. 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 6,000 
                      • Early Bird 2: January 31 – Discount: EUR 4,500
                      • Early Bird 3: March 31 – Discount: EUR 1,500

                      This covers all tuition including the fees for one term abroad at one of our partner universities.

                      *To qualify for the early bird discount, you must submit your completed application by the deadlines above. This includes providing all remaining documents and test scores (GMAT, GRE, or HHL Entry Test) by January 31 (Early Bird 1), March 31 (Early Bird 2), or June 30 (Early Bird 3).

                        Scholarships

                        We gladly support you in financing your studies. Various financing options are available. We also offer scholarships for particularly committed and outstanding applicants. How do you obtain a scholarship? Win us over not just with your excellent academic record but also with your personality.

                        Scholarships Overview 

                          Payment terms

                          Pay your tuition fees in instalments!

                          Of course, the tuition fees at HHL do not have to be paid in one lump sum. After having been admitted to HHL, we ask you to pay a down payment of EUR 3,500 to secure your place in the full-time MBA program. The remaining fees will be paid in 3 instalments: at the beginning of Term 1, Term 3 and Term 5.

                            In vogue: Living and learning in Leipzig

                            Leipzig is open, international, and vibrant. Located just over 1h south of Berlin, at the crossroads of historic European trade routes, the city boasts a 1,000-year tradition of commercial vitality and a reputation as a hub for trade, science, and the arts. Beyond its modern infrastructure, Leipzig’s dynamic and rapidly expanding economy hosts world-renowned brands like Porsche, BMW, DHL, and Amazon. HHL, established in 1898 as the first “HandelsHochschule” in German-speaking Europe, laid the groundwork for Leipzig’s rich tradition in management education.

                            Affordable and student-friendly living

                            The best news is that 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 EUR 800, while the average living costs in Germany are estimated at EUR 934.

                            Ellen Schönfelder
                            Program Consultant

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