Part-time Master in
Management | Finance

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

In a recent Financial Times Master in Management Ranking, our Career Development Team was ranked 6th worldwide! This is no coincidence, as our experienced psychologists and career experts have long perfected the mix between 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:

• check your CV
• prepare you for interviews, recruiting processes and salary negotiations
• put you in touch with alumni in the business sector you aspire to enter
• strengthen your capacities
• share effective methods to make the job market work for you
• provide access to job postings and exclusive recruiting events on campus with leading companies.

With passion and commitment, and our famous personal touch, we pave the way for your success and help you land that dream job!

Where your HHL adventure starts!

Regardless of the study location you select, your part-time Master program will kick-off with the Welcome Weeks on the HHL campus in Leipzig. The Welcome Weeks offer a plunge into the HHL spirit. Through a range of intercultural team-building activities, you will embark on your unforgettable HHL adventure. You will get to know classmates from all of our programs and from all corners of the world and lay the foundation for a powerful network of connections that will support you not only through your studies, but far beyond. You will be welcomed into the HHL community, getting to know the faculty and the HHL team that will support you through all aspects of the program. Your first courses of the HHL General Management Essentials block will begin your transformation into the future leader of your aspirations.

Get fit for Finance

Our blended learning modules on the basics of studying finance allow you to self-assess your expertise, refresh acquired skills, and fill gaps. All modules are optional and can be taken according to your individual needs.

1. Mathematics & Statistics
2. Review to Finance
3. Review to Accounting
4. Business Modelling in Excel

Get the skills of the future today!

Here you lay the foundation for your management career. Three pillars impart a balanced mix of fundamental and state-of-the-art management know-how:

Business Administration & Economics:

In addition to fundamental business administration and economics courses, this pillar includes one of the M.Sc. program’s highlights. You will deal with an integrated case offering an in-depth and interdisciplinary experience of real-life problem-solving, drawing on perspectives that span many facets of business.

Leadership & Reflection

What will good leadership look like in the future? How can we lead and succeed in an unpredictable, volatile, digital world? How can we find innovative solutions to the increasingly complex problems of today’s world? What are the most effective ways of negotiating in intercultural settings? Prepare yourself for brand new perspectives on such crucial questions within this pillar. You will learn how to reach your own potential so you can successfully lead others and make an impact.

Entrepreneurship & Disruption

Entrepreneurial minds are in great demand in today’s world. With our focus on digital entrepreneurship, we awaken and strengthen the entrepreneurial spirit and know-how in our students. This will empower you to drive innovation and to take the necessary risks to successfully manage the rapidly changing business landscape. You will become proficient at data literacy and databases, explore new, digital and creative business models, and actively engage with the disruptive technologies that are shaping today’s market, such as Artificial Intelligence (AI), robotics, Blockchain and the Internet of Things (IoT).

Become an expert that stands out!

Our Finance Focus curriculum is carefully composed in order to educate and shape exceptional future leaders in finance and management.

Financial Decision Making

These modules convey essential skills on modelling, valuation, financial markets, and financial instruments to provide safe ground. The courses combine important theoretical concepts from accounting, economics as well as finance, and apply those to real-life. The questions that are addressed span from: What are best-practices in financial planning and how to implement them? How do financial markets work and what are the implications for instruments being traded and market participants? How to value financial instruments and corporations? How does an M&A process works?

Advanced Financial Challenges

The courses of this second block strive to transform students into experts on investing, financing, pricing assets and managing risks. The modules provide recent academic advancements in the field and latest practical developments from industry. Students obtain the skills to price any claim they may ever face, enabling them to evaluate any investment, rationalize any risk management strategy, optimize capital structures and shape complex financing contracts.

Add-Ons

In this section we offer modules to deepen certain analytic skills, i.e., modelling in Excel and analyzing big data in R. Moreover, we give students the opportunity to place themselves in the ultimate test, a case study seminar with finance executives. In this capstone seminar, students work in groups towards solving a realistic case mentored, challenged and evaluated by a senior of one of our partner companies.

Master Theses in Finance (15 ECTS) can be prepared twofold, in a classic thesis format or as a research paper. The latter offers the opportunity to get published in an academic or applied finance journal. Just in the last two years, theses of our students have been published in journals like Qualitative Research in Financial Markets (Ranked B), Corporate Finance (Ranked D) or Die Wirtschaftsprüfung (WPg) (Ranked C).

The HHL campus is centrally located, yet surrounded by idyllic parks and rivers. You will experience an inspiring multicultural atmosphere and real campus flair. Just a few minutes from the city center and on the banks of the Elster river, our campus is a popular meeting-point for students from around the world!

Our HHL courses in Cologne take place at the STARTPLATZ at the MediaPark. This is an incubator and Cologne’s favorite meeting-point for the startup community.

The HDBW (Hochschule der Bayrischen Wirtschaft) provides our students not only with full access to their facilities, but also with an inspiring study environment.

Friends for life

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 2,500 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.

After receiving your completed application, you will be invited for a phone or in-person interview with one of our professors. Here we want to find out more about your personal motivation for the part-time Master’s degree at HHL. Following this, our HHL Entry Test – or alternatively, the GMAT – is a requirement to show us your capability to succeed in the program. Our admissions committee will then deliberate and get back to you with an answer.

Yes or no? We won’t keep you in the dark. Our rolling admissions allow us to get back to you with a final decision within 6 weeks of receiving your completed application. Remember, the sooner you apply, the sooner you will have a decision, so you can plan your next steps!

And one more word of advice: Students are required to have at least 210 ECTS credits to start the program. If you’re not quite there yet, you can get the missing credits recognized through work experience.

1. Bachelor degree in Business Administration or equivalent business-related programs, e.g. Business Informatics,  Business Psychology, Business Law, Economics, Industrial Engineering etc. (with a minimum of 210 ECTS, of which 40 – 60 credits in business-related subjects, applicants with less than 210 ECTS but at least 180 ECTS can acquire the missing credits by approved professional competencies)
2. Min. of 3 months relevant practical experience
3. HHL Entry Test (alternatively GMAT)
4. TOEFL (to be submitted by the start of the program at the latest)
5. Knowledge of a second modern foreign language (besides English and mother tongue)

As an applicant you have to hand in the following documents to be able to submit your application:

1. Curriculum vitae
2. Letter of motivation
3. Copy of general qualification for university entrance
4. Current / final transcript of an above average Bachelor’s degree in Business Administration which is equivalent to min. 180 ECTS credits (For less than 210 credits, the missing credits must be proven through professional experience)
5. Portrait Photo

Further application documents are (can be submitted during the application process):

1. Proof of a minimum of 3 months relevant practical work experience
2. 2 letters of recommendation (in German or English)
3. Copy of Diploma Supplement (if already available)
4. Proof of very good skills in English (e.g. TOEFL of 90+ ibt) and basic knowledge in a second modern foreign language besides the mother tongue
5. HHL Entry Test (alternatively GMAT)

The next part-time M.Sc. | Finance classes (study location Leipzig, Cologne or Munich) are starting in September 2021.

Early Bird Deadline: February 28, 2021
Final Application Deadline: June 20, 2021

We look forward to receiving your application. If you have any questions regarding the part-time M.Sc. | Finance program and the application process or would like an individual consultation, please contact Julia Günther.
The application deadline for 2020 has already passed. If you would like to continue applying for the Intake 2020, please get in touch with Julia Günther as soon as possible.

Tuition fees for the part-time Master in Management program amount to EUR 29,500, whether you choose to complete the program in 24 or 30 months. Candidates who apply for the program by March 31 will benefit from a fee reduction of EUR 2,500. The early bird discount is offered to those who have uploaded all first mandatory documents and submitted their application by this deadline and have successfully passed the interview as well as the HHL Entry Test by the end of April. In order to qualify for the early bird discount, the payment of the commitment fee must be transferred by the end of May.

The tuition fee covers all of HHL’s teaching services, as well as course materials and catering at the study locations. If selected, the optional term abroad at one of our partner universities is also included in this amount. Only accommodation and travel expenses are not covered.

Pay your tuition fee step by step!

After you have been admitted to HHL, we ask that you make a down payment of EUR 1,000 to secure your place in the part-time M.Sc. program. The remaining costs will have to be paid in two instalments at the beginning of the first and second study year. Quarterly payments are also possible upon request.

Do you have any other questions regarding tuition fees and financing? Contact us straight away. We’re happy to help.

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 your personality.

And keep in mind:
Your tuition fees are tax-deductible as an anticipated income-related expense. Check out our brochure for tips. Please contact your own tax consultant for further details.