Master in Management (M.Sc.)

Full-time Study Program

Why you should choose the Master in Management Program 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. Take part in lively discussions with experts and apply theoretical insights to real-life scenarios. Advance your career with our renowned career counseling and broaden your global perspective through intensive cross-cultural experiences.

At a glance


  • Acquire management skills in an entrepreneurial environment
  • Discuss with professionales and put concepts into practice
  • Develop your career with our award-winning support
  • Develop your intercultural skills
  • Experience the famours HHL spirit

Program Facts

  • Degree: M.Sc. | 120 ECTS
  • Location: Leipzig
  • Language: English
  • Start: September
  • Duration: 21-24 months

The HHL Master in Management Program at a glance

1. Welcome Weeks

Kicking off a new life chapter at HHL

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.


    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.

    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)

      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
      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)

        4. Business Competencies

        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.

        Practical and international experience at its best

        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 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)

            Program Schedule

            International Experience

            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, 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.

            Double degree option

            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: 

              Start your HHL educational journey now!

              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.

              A Master’s program that pays off!

              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.

              For graduates' salaries in Germany

              FT Master in Management Ranking 2023

              Average starting salary after graduation

              HHL M.Sc. Employment Report 2023

              Startups founded by HHL alumni

              HHL Entrepreneurship Report 2024

              Entrepreneurial University in Germany

              Startup Radar by Stifterverband 2022

              Employment success within 3 months after graduation

              HHL M.Sc. Employment Report 2023

              Unicorns among HHL alumni companies

              HHL Entrepreneurship Report 2024

              Jobs created by HHL alumni

              HHL Entrepreneurship Report 2024

              The HHL Network

              Contacts are everything!

              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!

              What our alumni say

              Tien Le
              Consultant | Simon-Kucher & Partners

              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.

              Elton Bursuk
              Private Equity Associate | BC Partners

              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.

              Stephanie Lippert
              Senior Associate, Alternative Investments | Pacific Global Asset Management LLC

              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.

              Benjamin Kühl
              Engagement Manager | McKinsey & Company

              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.

              Harsimrat Chahal
              Consultant | Bain & Company

              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.

              Philipp Roggencamp
              Senior Manager | Bain & Company

              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.

              Kolja Czudnochowski
              Entrepreneur & Advisor, Co-Founder & COO | Confrix GmbH

              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.

              Dr. Heiko Kersebohm born Hinrichs
              Managing Director | Bencis Capital Partners

              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.

              Chat with our students

              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.

              Tuition Fees and Financing Options

              The investment in a Master in Management degree at HHL is definitely worth it. With an average starting salary of EUR 75,000 and a salary of about EUR 120,500 3 years after graduiation, HHL graduates rank among the best-paid Master’s graduates!*

              Source: Financial Times Masters in Management Ranking 2023

              Tuition Fees

              The tuition fees for the complete program amount to EUR 35,900. 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 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 January 31 (Early Bird 1), March 31 (Early Bird 2) or June 30 (Early Bird 3).


                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!

                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.

                  Any questions? Please feel free to contact us at any time

                  Jana Vogel
                  Director Program Marketing