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 the world (#4 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.

    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

            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, 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: 

                Our Class Profile

                60

                Students in the M.Sc. class

                ~25

                Students in each Deep dive

                10

                Nationalities

                620

                Average GMAT score

                24

                Average age

                2 years

                Average work experience

                A Master’s program that pays off!

                #1
                For graduates' salaries in Europe

                Financial Times Masters in Management Ranking 2024

                98%
                Employment success within 3 months after graduation

                Financial Times Masters in Management Ranking 2024

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

                HHL M.Sc. Employment Report 2024

                50%
                Start a career in consulting

                HHL M.Sc. Employment Report 2024

                #4
                Career Service worldwide

                Financial Times Masters in Management Ranking 2024

                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 4th 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.

                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

                      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 Master in Management program at HHL is definitely worth it. With an average starting salary of EUR 81,500 and a salary of about EUR 127,500 3 years after graduation, HHL graduates rank among the best-paid Master’s graduates (Financial Times Masters in Management Ranking 2024)!

                      Tuition fees

                      The tuition fees for the complete program amount to EUR 37,500. 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 (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.