Business Administration and Honourable Leadership (MBA) - HSBA
Business Administration and Honourable Leadership (MBA) - HSBA
Business Administration and Honourable Leadership (MBA) - HSBA
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<strong>Business</strong> <strong>Administration</strong> <strong>and</strong> <strong>Honourable</strong> <strong>Leadership</strong> (<strong>MBA</strong>)<br />
Part-time <strong>MBA</strong> degree programme with specialisations in<br />
Marketing, Finance or Entrepreneurship<br />
<strong>MBA</strong><br />
1
Contents<br />
Welcome 3<br />
<strong>Business</strong> <strong>Administration</strong> <strong>and</strong> <strong>Honourable</strong><br />
<strong>Leadership</strong> <strong>MBA</strong> programme 4<br />
The course 5<br />
Guiding principles 6<br />
Module structure 7<br />
Course contents (modules) 8<br />
Specialisations 10<br />
Mentoring programme 15<br />
Lecturers 17<br />
Study conditions 18<br />
Hamburg as a location 19<br />
Course fees 20<br />
Admissions <strong>and</strong> application<br />
<strong>HSBA</strong> Hamburg School of<br />
21<br />
<strong>Business</strong> <strong>Administration</strong> 22<br />
Photos: Michael Zapf, Rol<strong>and</strong> Magunia, Karin Rose,<br />
Werner Gritzbach, Stefan Malzkorn.<br />
Last updated: October 2012
Welcome<br />
Improving career opportunities<br />
<strong>HSBA</strong>’s <strong>MBA</strong> programme offers high-quality course contents with a focus on internationality, business ethics <strong>and</strong><br />
governance. Participants on the course, who already have previous work experience, benefit from excellent study<br />
conditions <strong>and</strong> a strong network in business <strong>and</strong> society.<br />
“With its <strong>MBA</strong> programme, <strong>HSBA</strong> provides a tailored<br />
offering for personnel development in companies. The<br />
concept of studying part-time combines a high-quality<br />
degree in business <strong>and</strong> economics with practical incompany<br />
training <strong>and</strong> opens up outst<strong>and</strong>ing career<br />
opportunities for its graduates. The high share of case<br />
studies ensures that the course is always based on<br />
real-life scenarios <strong>and</strong> prepares future managers for<br />
the diverse challenges they will face in business.<br />
The course is based on the model of the “honourable<br />
merchant”, which promotes a focus on long-term<br />
business success. The high quality of <strong>HSBA</strong>’s course<br />
offering is reflected in its leading position in the CHE*<br />
ranking <strong>and</strong> the institutional accreditation by the<br />
German Council of Science <strong>and</strong> Humanities.”<br />
Prof. Dr. Hans-Jörg Schmidt-Trenz,<br />
President of <strong>HSBA</strong><br />
“We wish to offer our students excellent conditions for<br />
their master’s degree programme <strong>and</strong> give them the<br />
best career opportunities possible. A high level of<br />
organisational quality <strong>and</strong> the development of a global<br />
network are especially important to us.”<br />
Dr. Uve Samuels,<br />
CEO of <strong>HSBA</strong><br />
* Centrum für Hochschulentwicklung (Centre for University Development)<br />
“For hundreds of years, the credibility of the Hamburg<br />
merchant has been an international trademark for<br />
Hamburg as a location. The members of the Versammlung<br />
Eines Ehrbaren Kaufmanns zu Hamburg e.V.<br />
(VEEK) uphold <strong>and</strong> breathe life into this tradition in a<br />
modern context. VEEK supports <strong>HSBA</strong>’s master’s<br />
degree programme by assuming responsibility for the<br />
patronage <strong>and</strong> the mentoring programme because we<br />
feel particularly committed to supporting newcomers<br />
in line with our objectives.”<br />
Christian Dyckerhoff,<br />
Chairman of the Versammlung Eines Ehrbaren Kaufmanns zu<br />
Hamburg e.V., patron of the programme<br />
“For the <strong>MBA</strong> programme in <strong>Business</strong> <strong>Administration</strong><br />
<strong>and</strong> <strong>Honourable</strong> <strong>Leadership</strong>, we have succeeded in<br />
recruiting high-calibre professors <strong>and</strong> lecturers with a<br />
range of international experience. The contents of the<br />
<strong>MBA</strong> are divided into different modules, with the ideas<br />
of internationality, business ethics <strong>and</strong> governance<br />
forming a recurring theme throughout the entire<br />
course. Applied contents with a generalist approach,<br />
varied group work in interdisciplinary teams <strong>and</strong> case<br />
studies prepare our graduates in the best possible<br />
way for the challenges they will face as managers of<br />
international companies.”<br />
Prof. Dr. Stefan Prigge,<br />
Head of the degree programme in <strong>Business</strong> <strong>Administration</strong><br />
<strong>and</strong> <strong>Honourable</strong> <strong>Leadership</strong> (<strong>MBA</strong>)<br />
3
The <strong>Business</strong> <strong>Administration</strong> <strong>and</strong><br />
<strong>Honourable</strong> <strong>Leadership</strong> <strong>MBA</strong> programme<br />
Studying with other students with professional experience in different industries<br />
InTERnATIOnAL MARKETInG, corporate social<br />
responsibility <strong>and</strong> financing are topics that were once<br />
relevant only for specialists <strong>and</strong> executives in companies<br />
who had studied business or economics. But for<br />
a long time now a large number of people with a background<br />
in law, medicine or the humanities have been<br />
deciding to pursue a career in business, enriching the<br />
business environment with their diverse academic<br />
experience. In order to respond to the constantly<br />
4<br />
changing requirements on globalised markets <strong>and</strong> to<br />
qualify for higher positions, however, they need more<br />
in-depth business skills. The <strong>MBA</strong> in <strong>Business</strong> <strong>Administration</strong><br />
<strong>and</strong> <strong>Honourable</strong> <strong>Leadership</strong> is perfect for<br />
practitioners from a wide range of academic backgrounds<br />
who wish to enhance their skills profile. The<br />
aim of the course is to allow students to acquire management<br />
expertise, but also to enable executives to<br />
think <strong>and</strong> act in international <strong>and</strong> intercultural contexts.
The course<br />
Profile<br />
The course is open to graduates from all disciplines as<br />
long as they have at least two years of relevant professional<br />
experience after their undergraduate degree.<br />
The course leads to a Master of <strong>Business</strong> <strong>Administration</strong><br />
(<strong>MBA</strong>) after a 24-month period. The course is<br />
taught in English. With its generalist approach, it<br />
covers a broad range of business administration theory<br />
as well as relevant economic <strong>and</strong> legal topics.<br />
Students can also specialise in Marketing, Finance<br />
or Entrepreneurship as part of the course.<br />
In order to always ensure the relevance of the<br />
course contents, <strong>HSBA</strong>’s teaching staff members<br />
include professors <strong>and</strong> external speakers of international<br />
renown from industry <strong>and</strong> academia who have<br />
extensive teaching <strong>and</strong> professional experience. To<br />
ensure that all participants have the same level of<br />
basic skills in business <strong>and</strong> economics, <strong>HSBA</strong> offers a<br />
preparatory course. Depending on the focus of their<br />
undergraduate degree, this teaches future <strong>MBA</strong><br />
students the fundamentals of economic theory as well<br />
as mathematical <strong>and</strong> statistical methods.<br />
The part-time concept means that this course is of<br />
interest to students <strong>and</strong> companies alike, as the students<br />
remain integrated in the companies during the<br />
course. This allows them to continue working while<br />
exp<strong>and</strong>ing their specialist business knowledge, learning<br />
established management concepts <strong>and</strong> developing<br />
their personal skills at the same time. The students<br />
can also make a rich contribution to the course with<br />
their different academic backgrounds <strong>and</strong> experience<br />
from their companies.<br />
<strong>Business</strong> <strong>Administration</strong> <strong>and</strong> <strong>Honourable</strong> <strong>Leadership</strong> <strong>MBA</strong> programme<br />
Course start: 1 October of each year<br />
Duration: 24 months (including 4 months for the master’s thesis)<br />
Scope: approximately 620 hours of tuition<br />
ECTS: 90<br />
Form: The part-time course is conducted in full-time weeks <strong>and</strong> on extended weekends<br />
(Thursday to Saturday).<br />
Content: Practise-based course covering business administration issues with a special focus on<br />
internationality, business ethics <strong>and</strong> governance<br />
Patronage: Versammlung Eines Ehrbaren Kaufmanns e.V. zu Hamburg e.V.<br />
Mentoring programme: by the Versammlung Eines Ehrbaren Kaufmanns zu Hamburg e. V.<br />
Qualification: state-certified <strong>and</strong> internationally recognised Master of <strong>Business</strong> <strong>Administration</strong> (<strong>MBA</strong>)<br />
Accreditation: FIBAA (Foundation for International <strong>Business</strong> <strong>Administration</strong> Accreditation)<br />
Eligibility for progression<br />
to doctoral studies: Yes<br />
Size of the seminar groups: max. 24 students<br />
Language: English<br />
Course fees: EUR 30,000<br />
It is possible to obtain funding through <strong>HSBA</strong>’s student support fund.<br />
Student loans are also available from banks cooperating with <strong>HSBA</strong>.<br />
Applicant profile: • Undergraduate degree completed with the grade “good” or several years of professional<br />
experience after completing vocational training or the school-leaving exam (Abitur)<br />
• At least two years of professional management experience<br />
• Ability to complete a course of studies in English<br />
• Letter of recommendation<br />
• Success in the selection process at <strong>HSBA</strong><br />
5
Guiding principles<br />
Internationality, business ethics <strong>and</strong> governance<br />
<strong>Business</strong> <strong>Administration</strong> <strong>and</strong><br />
<strong>Honourable</strong> <strong>Leadership</strong> programme<br />
Three overarching principles that form the backbone of the course<br />
InTErnATIOnALITy<br />
Internationality is one of the core ideas of the course.<br />
In each module, the topics covered will also always be<br />
looked at from an international perspective, for example<br />
when discussing international personnel management<br />
aspects or the role of global financial markets.<br />
The teaching concept consistently incorporates intercultural<br />
aspects, helping to establish internationality as<br />
an integral component of the course. In addition, the<br />
students have the option to take part in a project that<br />
is carried out abroad (for example at Andrássy University<br />
in Budapest).<br />
A large number of the professors <strong>and</strong> lecturers<br />
have an international background or extensive international<br />
experience. Our students also come from a<br />
range of different backgrounds, adding to the course’s<br />
multinational flair.<br />
<strong>HSBA</strong>’s master’s programmes also have an excellent<br />
reputation internationally. The november 2009<br />
issue of the US business magazine Forbes, for example,<br />
featured a select list of European business<br />
schools that included <strong>HSBA</strong>’s master’s programmes<br />
as a real alternative to US providers.<br />
BUSInESS ETHICS<br />
The course is under the patronage of the Versammlung<br />
Eines Ehrbaren Kaufmanns zu Hamburg e.V.<br />
(VEEK). The association promotes the concept that,<br />
within the scope of the respective laws, the generally<br />
accepted ethical st<strong>and</strong>ards <strong>and</strong> the principle of good<br />
faith in business transactions must be observed, while<br />
refraining from actions that are not compatible with the<br />
idea of trust in business dealings. VEEK has assumed<br />
the patronage for <strong>HSBA</strong>’s master’s degree programmes.<br />
This means that in addition to personal<br />
6<br />
mentoring, VEEK also supports the master’s programme<br />
by taking part in the selection process,<br />
awarding student grants <strong>and</strong> involving guest speakers<br />
from industry (in case studies for example). The curriculum<br />
centres on the theme of business ethics. <strong>Business</strong><br />
ethics aspects are always considered in any<br />
discussion of business management issues.<br />
GOVErnAnCE<br />
Governance is the key concept in the research of<br />
Elinor Ostrom <strong>and</strong> Oliver E. Williamson, the 2009<br />
nobel Prize winners for Economics. In this context,<br />
governance means knowing, assessing <strong>and</strong> using<br />
different institutional <strong>and</strong> organisational alternatives.<br />
The course is not concerned with examining an<br />
abstract academic concept, but with looking at specific<br />
issues from real-life business scenarios. For<br />
example, how does eBay or Amazon manage to<br />
establish successful governance structures that make<br />
it possible for buyers <strong>and</strong> sellers on the internet to<br />
trust each other although they have never even met?<br />
How can successful governance structures be established<br />
in banks for fixed <strong>and</strong> variable renumeration <strong>and</strong><br />
the liability of management board members <strong>and</strong><br />
executives? In the individual modules, the course<br />
repeatedly places the focus on governance issues.
Module structure<br />
Course structure <strong>and</strong> module structure<br />
The structure at a glance<br />
Sequence of the modules <strong>and</strong> structure of a typical module<br />
90 ECTS MUST BE ACqUIRED over the course of the<br />
<strong>MBA</strong> in <strong>Business</strong> <strong>Administration</strong> <strong>and</strong> <strong>Honourable</strong><br />
<strong>Leadership</strong>. The credits are spread over nine modules<br />
<strong>and</strong> the master’s thesis.<br />
24 months<br />
Term 1<br />
6<br />
7<br />
Term 4<br />
Corporate Responsibility<br />
<strong>and</strong> Corporate Communication<br />
Financial Management<br />
Management<br />
1General<br />
& <strong>Leadership</strong><br />
Presence<br />
phase 1<br />
• Introduction • Preparation for<br />
module events<br />
2<br />
3<br />
Term 2<br />
Independent study<br />
phase 1<br />
Master´s<br />
thesis<br />
(area of choice)<br />
Course structure:<br />
Finance<br />
Marketing<br />
Entrepreneurship<br />
Other<br />
8<br />
9<br />
Term 5<br />
Decision-Making <strong>and</strong><br />
Economic Behaviour<br />
International<br />
Management<br />
Module structure:<br />
Presence<br />
phase 2<br />
• Opening exam<br />
• Lectures<br />
• Case studies<br />
• Guest lectures<br />
• Comprehensive case<br />
study<br />
• Reflection<br />
Students can also specialise in Marketing, Finance or<br />
Entrepreneurship during the second-last module on<br />
the course. Together with the master’s thesis, this<br />
gives students the option of focusing up to 25% of the<br />
course on a specialisation.<br />
Specialisation Finance<br />
Elective Marketing<br />
Entrepreneurship<br />
Corporate Choice<br />
4<br />
5<br />
Term 3<br />
Ethics, Compliance<br />
& Alternative Dispute<br />
Resolution Mechanisms<br />
International Financial<br />
Reporting St<strong>and</strong>ards<br />
& Corporate Governance<br />
Independent study<br />
phase 2<br />
• Following up on<br />
lectures<br />
• Preparation for<br />
exams<br />
Presence<br />
phase 3<br />
Internationality<br />
• End-of-module exams<br />
<strong>Business</strong> Ethics<br />
Governance<br />
7
Course contents<br />
Core modules<br />
Course modules<br />
nine modules <strong>and</strong> then the master’s thesis<br />
Module 1: General Management & <strong>Leadership</strong><br />
This first module teaches students the basics of management<br />
<strong>and</strong> prepares them for the course. The focus<br />
is on:<br />
Financing <strong>and</strong> financial reporting<br />
International economics<br />
Human resources development on an international<br />
scale<br />
<strong>Leadership</strong><br />
Personal <strong>and</strong> social skills for executives<br />
Module 2: Decision-Making <strong>and</strong> Economic Behaviour<br />
Students familiarise themselves with the different concepts<br />
in economics relating to human behaviour in<br />
organisations <strong>and</strong> learn to evaluate different incentive<br />
systems. The following approaches are covered:<br />
Decision theory<br />
Game theory<br />
new institutional economics<br />
Behavioural economics<br />
Model of the honourable merchant<br />
Module 3: International Management<br />
The module familiarises students with the consequences<br />
for a company of entering the international<br />
market (also taking international <strong>and</strong> cultural differences<br />
into account). They put what they have learned<br />
into practise in a project on a related topic from their<br />
company or a case study of their choice. The focus is<br />
on the following aspects:<br />
Intercultural communication<br />
Procurement <strong>and</strong> management<br />
(international management)<br />
Marketing <strong>and</strong> customer management<br />
(international marketing)<br />
8<br />
Production (global logistics <strong>and</strong> supply chain management<br />
or production <strong>and</strong> quality management)<br />
Module 4: Ethics, Compliance & Alternative Dispute resolution<br />
Mechanisms<br />
The module teaches the elements of business ethics<br />
<strong>and</strong> their significance for long-term business success.<br />
Students learn about the following areas:<br />
Fundamentals of business ethics philosophy<br />
Development of a compliance organisation as a part<br />
of risk management<br />
Alternative out-of-court dispute resolution<br />
mechanisms<br />
Module 5: International Financial reporting St<strong>and</strong>ards &<br />
Corporate Governance<br />
Students acquire knowledge of international financial<br />
reporting <strong>and</strong> auditing st<strong>and</strong>ards <strong>and</strong> of their significance<br />
for corporate governance. They additionally<br />
learn about other important issues in relation to corporate<br />
governance (= the totality of all matters influencing<br />
how businesses make decisions concerning the use of<br />
resources), e.g. incentives <strong>and</strong> monitoring of management,<br />
shareholder versus stakeholder models or the<br />
international development of corporate governance<br />
structures. The module comprises the following submodules:<br />
International financial reporting <strong>and</strong> auditing<br />
st<strong>and</strong>ards<br />
Corporate governance
Module 6: Corporate responsibility <strong>and</strong><br />
Corporate Communication<br />
In this module, students acquire a basic underst<strong>and</strong>ing<br />
of CR <strong>and</strong> sustainability <strong>and</strong> learn how social, ecological<br />
<strong>and</strong> economic aspects can be used to<br />
develop a company-specific strategy. In detail, the<br />
following topics are covered:<br />
Appropriate communication of CR engagements<br />
Aspects of corporate public relations <strong>and</strong> public<br />
affairs<br />
Case study on the entire spectrum of CR <strong>and</strong> corporate<br />
communication<br />
Module 7: Financial Management<br />
The module teaches students how to evaluate <strong>and</strong><br />
compare alternative investment projects or financing<br />
options on the basis of reliable information. Accordingly,<br />
the following topics are covered:<br />
Markets as decision environments – as seen in<br />
institutional economics <strong>and</strong> behavioural finance<br />
<strong>Business</strong> valuations<br />
Investor relations<br />
Finance case study<br />
Module 8: Specialisation – Elective<br />
Students can specialise in Marketing, Finance or Entrepreneurship.<br />
More information on the specialisations is<br />
available on page 10 et seq.<br />
Module 9: Corporate Choice<br />
This module summarises the issues covered by the<br />
course in a two-day case study. The different perspectives<br />
from the previous modules are weighed up<br />
against each other in order to simulate a complex<br />
decision-making process <strong>and</strong> arrive at balanced <strong>and</strong><br />
realistic decisions.
Specialisations<br />
Marketing<br />
Marketing specialisation<br />
Scientifically proven marketing concepts for real life<br />
THE MARKETInG SPECIALISATIOn deals in depth<br />
with three core aspects of marketing. In all three parts,<br />
scientific models are introduced that serve to quantify<br />
interrelations in marketing. Part 1 shows how to<br />
measure consumer preferences <strong>and</strong> use the results for<br />
the product innovation process. Part 2 focuses on the<br />
customer, introducing students to the fundamental<br />
concepts in value-based customer management. It<br />
makes particular use of customer lifetime value<br />
models.<br />
The third part is dedicated to monitoring all marketing<br />
activities in a company. This involves discussing<br />
established models <strong>and</strong> new models alike <strong>and</strong> testing<br />
their usability. The aim is to develop approaches that<br />
contribute to better quantification of the return on<br />
marketing.<br />
10<br />
Our Marketing specialisation is kindly<br />
supported by:<br />
kempertrautmann gmbh<br />
Scholz & Friends Br<strong>and</strong> Affairs GmbH<br />
Otto Group<br />
Montblanc International GmbH<br />
Hyve AG<br />
”In a globalised economy, marketing is<br />
becoming more <strong>and</strong> more important. We<br />
give our students an excellent opportunity<br />
to explore cutting-edge marketing tools to<br />
further develop their management skills.“<br />
Prof. Dr. Goetz Greve, <strong>HSBA</strong><br />
“Underst<strong>and</strong>ing <strong>and</strong> creatively applying the<br />
latest marketing knowledge is of fundamental<br />
importance in today’s competitive markets.”<br />
Dr. Michael Trautmann,<br />
kempertrautmann gmbH, Managing Director
Specialisations<br />
Finance<br />
Finance specialisation<br />
Focus on valuation, derivatives <strong>and</strong><br />
company acquisitions<br />
THE FInAnCE SPECIALISATIOn MODULE carries on<br />
from the Financial Management module <strong>and</strong> focuses<br />
at an advanced level on the ability to value projects,<br />
shares <strong>and</strong> entire companies. The first part comprises<br />
an in-depth look at general valuation issues. The<br />
second part explains the valuation of derivatives <strong>and</strong><br />
illustrates how they can be used in risk management.<br />
The third part focuses on the purchase <strong>and</strong> sale of<br />
companies <strong>and</strong> business divisions. The success or<br />
failure of a company acquisition depends on many of<br />
the aspects covered in previous modules. This allows<br />
students to apply their knowledge from prior modules.<br />
Last but not least, the final part of the module examines<br />
the legal aspects of financial instruments <strong>and</strong><br />
financial transactions.<br />
Our Finance specialisation is kindly<br />
supported by:<br />
Hamburger Sparkasse<br />
Finanzplatzinitiative Hamburg<br />
Hamburger Volksbank e.G.<br />
Beiersdorf AG<br />
Commerzbank AG<br />
KPMG AG<br />
Wirtschaftsprüfungsgesellschaft<br />
Hawesko Holding AG<br />
Euler Hermes Kreditversicherungs-AG<br />
“Identifying investment projects that<br />
increase value <strong>and</strong> M&A strategies are<br />
the core tasks of managerial finance.<br />
This requires a thorough underst<strong>and</strong>ing<br />
of how capital markets work <strong>and</strong> makes<br />
knowledge of relevant (business) valuation<br />
methods essential. Derivatives, risk<br />
management <strong>and</strong> investor relations are<br />
also part of the finance curriculum.”<br />
Prof. Dr. Jens-Eric von Düsterlho, <strong>HSBA</strong><br />
“Superior financial, legal <strong>and</strong> tax structuring<br />
is a key factor in economic success. It is<br />
vital to integrate these planning activities in<br />
your own corporate strategy. This is how<br />
you can take the lead using an entrepreneurial<br />
approach.”<br />
Hans-Henning Bernhardt,<br />
Beiersdorf AG, General Counsel<br />
11
Entrepreneurship specialisation<br />
The lifecycle of a company from start-up to growth <strong>and</strong> succession planning<br />
THIS SPECIALISATIOn COVERS Entrepreneurship in<br />
a broad-based manner, starting with company startups<br />
<strong>and</strong> the management of small <strong>and</strong> medium-sized<br />
enterprises right through to innovation management<br />
<strong>and</strong> the creation of new companies within corporate<br />
groups. The business idea <strong>and</strong> the entrepreneur take<br />
centre stage.<br />
The first part, on Foundation of Entrepreneurship<br />
<strong>and</strong> <strong>Business</strong> Modelling, lays the foundation for entrepreneurial<br />
objectives <strong>and</strong> activities. These include life<br />
cycle analysis <strong>and</strong> management <strong>and</strong> the different concepts<br />
for business models as well as their logic <strong>and</strong><br />
12<br />
implementation in a business plan. The sections on<br />
SME Management <strong>and</strong> Family Owned <strong>Business</strong>es deal<br />
specifically with the needs of smaller, medium-sized<br />
<strong>and</strong> family-oriented businesses. These incorporate<br />
aspects of management, continuous management<br />
<strong>and</strong> succession planning, <strong>and</strong> are also viewed from a<br />
corporate governance perspective. The Corporate<br />
Venturing section looks at the specific circumstances<br />
of establishing new corporate activities within an existing<br />
group or in a separately formed entity. Legal <strong>and</strong><br />
financial aspects are also covered. The section on<br />
Innovation <strong>and</strong> Growth Management examines the
new business activities of existing companies <strong>and</strong>/or<br />
processes. It focuses among other things on safeguarding<br />
the intangible assets created by the company,<br />
such as br<strong>and</strong>s, patents <strong>and</strong> other intellectual<br />
property. Internationalisation strategies are also<br />
discussed. The Change Management part examines<br />
critical business situations that lead to downsizing,<br />
restructuring or even business failure. In this part of<br />
the specialisation, students learn how to h<strong>and</strong>le difficult<br />
business situations. Once again, corporate governance<br />
aspects are also taken into account.<br />
Specialisations<br />
Entrepreneurship<br />
Our Entrepreneurship specialisation<br />
is kindly supported by:<br />
Putz & Partner Unternehmensberatung AG<br />
Rol<strong>and</strong> Berger Strategy Consulting GmbH<br />
“From an entrepreneurial perspective, our<br />
students learn a lot through challenging<br />
<strong>and</strong> complex cases on how to start up,<br />
develop <strong>and</strong> build successful companies<br />
of different sizes.”<br />
Prof. Dr. Christoph Bauer, <strong>HSBA</strong><br />
“Entrepreneurship is one of the most<br />
important factors for success in fastgrowing<br />
SMEs. They are lucky enough to<br />
have a rapidly development <strong>and</strong> dynamic<br />
environment right here in Hamburg.”<br />
Andreas Bartmann,<br />
Globetrotter-Ausrüstung, Denart & Lechhart GmbH,<br />
Managing Director<br />
13
Mentoring programme<br />
Under the patronage of the Versammlung Eines Ehrbaren Kaufmanns zu Hamburg<br />
The mentors<br />
Well-known businesspeople in Hamburg provide<br />
individual support throughout the course<br />
STUDEnTS On A MASTER’S programme at <strong>HSBA</strong><br />
benefit in particular in their personal <strong>and</strong> professional<br />
development from a special mentoring programme<br />
involving members <strong>and</strong> partners of the Versammlung<br />
Eines Ehrbaren Kaufmanns zu Hamburg e.V. (VEEK).<br />
The association embodies typical Hanseatic values<br />
that have helped merchants in Hamburg to trade <strong>and</strong><br />
offer services successfully for centuries <strong>and</strong> that are<br />
still just as relevant in today’s business world. Experienced<br />
entrepreneurs affiliated to VEEK act as<br />
mentors, supporting <strong>and</strong> accompanying the <strong>HSBA</strong><br />
master’s students on their path to the management<br />
levels of business.<br />
The master’s students at <strong>HSBA</strong> are permanent<br />
guests of VEEK for the duration of their course <strong>and</strong><br />
can attend all of its events <strong>and</strong> committee meetings.<br />
This gives <strong>HSBA</strong> master’s students a unique opportunity<br />
to benefit from the vast wealth of experience <strong>and</strong><br />
networks of Hamburg’s entrepreneurs in addition to<br />
their excellent course of studies.<br />
“Young people have enormous challenges ahead of them.<br />
Experience is a good navigator in finding the right path to<br />
success in the jungle of networks, competitive pressure, job<br />
offers, information <strong>and</strong> media. In the mentoring process, I see<br />
myself as a navigation device that indicates a path. But it is the<br />
mentee who ultimately steers the course.”<br />
Minou Tikrani,<br />
Managing Partner of Konstruktiv Pr-Beratungsgesellschaft mbH,<br />
mentor <strong>and</strong> VEEK member<br />
“As a mentor for the <strong>HSBA</strong> master’s programme, I am<br />
personally committed to passing on my experience to young<br />
people <strong>and</strong> to supporting them in their personal <strong>and</strong><br />
professional development.”<br />
reinaldo Udewald,<br />
Managing Partner of WECO Consult GmbH,<br />
mentor <strong>and</strong> VEEK member<br />
15
Studieninhalte<br />
Blindtext Dieses ist nur ein Blindtext<br />
Blindtexten Weg nach Hamburg<br />
gefunden und tragen<br />
Blindtex<br />
16
Lecturers<br />
on the <strong>MBA</strong> programme<br />
Some of our lecturers<br />
More than 40 lecturers from academia <strong>and</strong> industry are involved in teaching on the course. They come from a wide<br />
range of international backgrounds <strong>and</strong> have extensive professional experience. The following are just some of the<br />
lecturers in charge of the lectures:<br />
Prof. Dr. Stefan Prigge<br />
(Course Head)<br />
Professor at <strong>HSBA</strong> Hamburg School of<br />
<strong>Business</strong> <strong>Administration</strong><br />
– Corporate governance<br />
– Regulation of the financial sector<br />
– Capital markets<br />
– Law <strong>and</strong> economics<br />
– Family-owned companies<br />
Prof. Dr. Thomas Straubhaar<br />
Director of the Hamburg Institute of<br />
International Economics (HWWI) <strong>and</strong><br />
professor at the University of<br />
Hamburg<br />
– International economics relations<br />
– Regulatory policy<br />
– Education <strong>and</strong> population<br />
economics<br />
Prof. Dr. Washika Haak-Saheem<br />
Assistant Professor, OB & IBM<br />
College of <strong>Business</strong> <strong>Administration</strong>,<br />
University of Dubai<br />
– Cross-cultural management<br />
– <strong>Leadership</strong> & organisational change<br />
– Organisational behaviour<br />
Dr. norbert Taubken<br />
<strong>Business</strong> Director Scholz & Friend<br />
Reputation<br />
– Sustainability <strong>and</strong> CSR strategies<br />
– Responsible br<strong>and</strong>s <strong>and</strong><br />
responsible sponsorship<br />
– Communication on corporate<br />
responsibility<br />
Prof. Dr. Christoph Bauer<br />
Professor at <strong>HSBA</strong> Hamburg<br />
School of <strong>Business</strong> <strong>Administration</strong><br />
– Entrepreneurship<br />
– Internet/telecommunications<br />
– Controlling in internet business<br />
– Mergers & Acquisitions<br />
Prof. Dr. Inga Schmidt<br />
Professor at <strong>HSBA</strong> Hamburg School<br />
of <strong>Business</strong> <strong>Administration</strong><br />
– Strategic <strong>and</strong> international<br />
marketing<br />
– Br<strong>and</strong>ing <strong>and</strong> br<strong>and</strong> management<br />
17
Study conditions<br />
at <strong>HSBA</strong><br />
18<br />
Studying at <strong>HSBA</strong><br />
The campus, teaching concept <strong>and</strong> organisation of the<br />
university<br />
THE BRIGHT AnD FRIEnDLY atmosphere of our<br />
H<strong>and</strong>elskammer City Campus with its state-of-the-art<br />
technical equipment provides students with the best<br />
possible conditions for learning. Students have access<br />
to one of the oldest libraries for business <strong>and</strong> economics<br />
in the form of the Commerzbibliothek, which<br />
belongs to Hamburg’s Chamber of Commerce. Direct<br />
access to course-relevant literature is ensured through<br />
the specially established branch of the Commerzbibliothek<br />
library on our City Campus.<br />
<strong>HSBA</strong>’s teaching concept is based on a personal<br />
atmosphere between the teaching staff <strong>and</strong> the students.<br />
For this reason, seminars are organised in small<br />
groups. When selecting our teaching staff, we place<br />
great emphasis on combining academic excellence<br />
with practical relevance. The professors at <strong>HSBA</strong> are<br />
highly qualified experts in business <strong>and</strong> economics<br />
who have many years of professional business experience.<br />
In addition, practitioners <strong>and</strong> experts from our<br />
partner firms also lecture at <strong>HSBA</strong>.<br />
quality management is at the core of <strong>HSBA</strong>’s<br />
organisational structure. <strong>HSBA</strong> strives for continuous<br />
quality assurance <strong>and</strong> further development by means<br />
of comprehensive evaluations carried out amongst our<br />
students <strong>and</strong> cooperating companies. As a comparatively<br />
small university, we take advantage of direct<br />
communication channels. Our staff are always open to<br />
questions, criticism or suggestions.
Hamburg as a location<br />
The gateway to the world<br />
Studying <strong>and</strong> living in Hamburg<br />
A place with a good quality of life<br />
<strong>HSBA</strong> IS A UnIVERSITY in the heart of the City of<br />
Hamburg. Our university is located centrally, directly<br />
adjacent to the city hall <strong>and</strong> Hamburg’s Chamber of<br />
Commerce, at the hub of the city’s social <strong>and</strong> economic<br />
life.<br />
Hamburg is considered to be one of Europe’s<br />
most beautiful cities. And with good reason: as a<br />
vibrant harbour in a unique location between two seas<br />
<strong>and</strong> with excellent leisure options, the city offers a very<br />
good quality of life.<br />
As a seaport, Hamburg is traditionally one of Germany’s<br />
most important locations for foreign trade as<br />
well as a leading financial centre. Also an important<br />
location for industry, Hamburg ranks alongside Seattle<br />
<strong>and</strong> Toulouse as a leader in civil aviation. In addition,<br />
Hamburg not only has a rich publishing tradition, but<br />
has also made a name for itself in creative advertising.<br />
This mix of economic potential <strong>and</strong> a good quality of<br />
life makes Hamburg one of Europe’s most dynamic<br />
business regions.<br />
Hamburg’s diversity <strong>and</strong> vital force is also reflected<br />
in the city’s cultural life. From musicals, cabaret<br />
<strong>and</strong> theatre to a vibrant club scene, local cultural centres<br />
<strong>and</strong> galleries <strong>and</strong> museums – Hamburg has a lot<br />
to offer. nevertheless it is easy to find a place to relax<br />
in this green metropolis. Almost half of Hamburg is<br />
taken up by parks <strong>and</strong> green spaces, water <strong>and</strong><br />
wooded areas. The city has more trees than inhabitants<br />
<strong>and</strong> five times as many bridges as Venice. It’s<br />
easy to feel at home in Hamburg, which is why the city<br />
has become a popular place to live for many people<br />
from other parts of Germany <strong>and</strong> from abroad in<br />
recent years.<br />
One of the factors that contribute to Hamburg’s<br />
good quality of life is how safe it is. In an international<br />
comparison, Germany ranks well above other European<br />
countries such as France or the UK in terms of<br />
safety. The identity of a cosmopolitan city like Hamburg<br />
also encompasses ensuring the safety of all of its<br />
residents. Every student is in good h<strong>and</strong>s in Hamburg.<br />
19
Course fees<br />
Funding <strong>and</strong> student grants<br />
<strong>HSBA</strong> HAS SET ITSELF the goal of supporting particularly<br />
gifted applicants who require financial assistance<br />
in order to attend the master’s degree programme at<br />
<strong>HSBA</strong>. Every year, <strong>HSBA</strong> awards student grants as<br />
part of its funding scheme. Under this scheme, financial<br />
assistance amounting to between 25 <strong>and</strong> 50% of<br />
the course fees can be awarded to particularly needy<br />
or particularly worthy c<strong>and</strong>idates.<br />
Further information on course fees <strong>and</strong> on the<br />
conditions for funding is available on our website<br />
(www.hsba.de).<br />
20<br />
Further support is available from organisations<br />
affiliated with <strong>HSBA</strong>. For example, several full scholarships<br />
for master’s degree programmes are awarded<br />
each year by Commerz Collegium zu Altona (a traditional<br />
association of businesspeople in the Hamburg<br />
district of Altona), VDI Verein Deutscher Ingenieure<br />
Hamburg (the Hamburg branch of the Association of<br />
German Engineers) <strong>and</strong> Verein der Freunde und Förderer<br />
der <strong>HSBA</strong> (an association of <strong>HSBA</strong> sponsors).<br />
Another option is to reach an agreement with the<br />
employer on sharing the remaining cost of course fees.
Admissions <strong>and</strong> applications<br />
Getting started<br />
WITH ITS COURSE OFFERInG, <strong>HSBA</strong> is geared<br />
toward particularly well-qualified applicants.<br />
Acceptance onto the <strong>Business</strong> <strong>Administration</strong> <strong>and</strong><br />
<strong>Honourable</strong> <strong>Leadership</strong> <strong>MBA</strong> programme is subject to<br />
the following prerequisites:<br />
Two years of professional management experience<br />
A completed third-level degree covering 210 ECTS<br />
credits, of which up to 30 ECTS credits can be substantiated<br />
by one additional year of professional<br />
experience or academic training. The third-level<br />
degree should have been completed with a minimum<br />
grade “good” (2.5).<br />
Applicants who have not completed a third-level<br />
degree can be accepted onto the course after<br />
passing an entrance exam<br />
Ability to complete a course of studies in English<br />
(minimum level: B2 of the European Framework of<br />
Reference)<br />
Letter of recommendation from a current or former<br />
employer or an academic reference<br />
Successfully completed <strong>HSBA</strong> selection process<br />
(written application, telephone interview, admission<br />
day).<br />
Step 1: Written application<br />
Applications for the <strong>MBA</strong> in <strong>Business</strong> <strong>Administration</strong><br />
<strong>and</strong> <strong>Honourable</strong> <strong>Leadership</strong> takes place in written<br />
form (either postal or via e-mail to alex<strong>and</strong>er.freier@<br />
hsba.de). The application must include letters of motivation<br />
<strong>and</strong> recommendation, a CV <strong>and</strong> copies of certificates.<br />
Step 2: Telephone interview<br />
After reviewing the documents, a 30-minute telephone<br />
interview takes place to discuss the student’s motivation<br />
<strong>and</strong> all queries surrounding the course.<br />
Written<br />
application<br />
Telephone<br />
interview<br />
Admission<br />
Day<br />
Entrance<br />
exam if<br />
applicable<br />
Step 3: Admission day<br />
Admission day runs for one day <strong>and</strong> involves an<br />
in-depth assessment of the applicant’s personal <strong>and</strong><br />
academic suitability. Admission day takes place once<br />
a month in Hamburg.<br />
Step 4: Entrance exam for applications without an<br />
undergraduate degree if applicable<br />
The entrance exam comprises a written paper by the<br />
applicant on a management topic set by <strong>HSBA</strong>. The<br />
paper must be 10 to 15 pages long <strong>and</strong> must be submitted<br />
within four weeks. The exam also involves a<br />
30-minute oral exam in which the applicant presents<br />
<strong>and</strong> answers questions on the paper. The topic for the<br />
paper is set by <strong>HSBA</strong> in agreement with the applicant<br />
<strong>and</strong> is generally related to the applicant’s current<br />
activities. The applicant also has to sit a two-hour written<br />
exam on business-related topics.<br />
Step 5: Job & master’s placement if applicable<br />
As part of our job & master’s placement offering, we<br />
help c<strong>and</strong>idates to find a suitable company. <strong>HSBA</strong>’s<br />
partner firms specifically use this programme to recruit<br />
employees for a long-lasting working relationship.<br />
Step 6: Signing the contract<br />
A place is reserved on the course for the applicant<br />
after he/she has signed the contract. Welcome to<br />
<strong>HSBA</strong>!<br />
Applications can be made at any time. Because <strong>HSBA</strong><br />
only awards 24 places each year, we recommend that<br />
applications are submitted as early as possible.<br />
Acceptance<br />
Job & master’s<br />
placement if<br />
applicable<br />
Signing the<br />
contract<br />
21
<strong>HSBA</strong> Hamburg School of <strong>Business</strong> <strong>Administration</strong><br />
Who we are<br />
your contact person at <strong>HSBA</strong>:<br />
<strong>HSBA</strong> Hamburg School of<br />
<strong>Business</strong> <strong>Administration</strong><br />
Alex<strong>and</strong>er Freier<br />
Head of Relationship Management<br />
Alter Wall 38<br />
20457 Hamburg<br />
Telefon: +49 40 36 138-743<br />
Telefax: +49 40 36 138-751<br />
E-Mail: alex<strong>and</strong>er.freier@hsba.de<br />
Internet: www.hsba.de<br />
<strong>HSBA</strong>’s profile<br />
Courses offered, values <strong>and</strong> guiding principles<br />
<strong>HSBA</strong> HAMBURG School of <strong>Business</strong> <strong>Administration</strong><br />
is the university for business in Hamburg. Under the<br />
auspices of Hamburg’s Chamber of Commerce,<br />
<strong>HSBA</strong> offers dual bachelor’s <strong>and</strong> part-time master’s<br />
degrees in business for more than 600 students. We<br />
have around 200 cooperating companies, which are<br />
involved in designing <strong>and</strong> developing our courses in<br />
order to ensure that they are constantly aligned with<br />
business needs.
<strong>HSBA</strong> Hamburg School of <strong>Business</strong> <strong>Administration</strong><br />
Who we are<br />
This means that <strong>HSBA</strong> graduates are perfectly<br />
prepared for the requirements of business <strong>and</strong> have<br />
excellent career opportunities.<br />
Dual bachelor’s degrees<br />
B.Sc. in <strong>Business</strong> <strong>Administration</strong><br />
B.Sc. in Logistics Management<br />
B.Sc. in Media Management<br />
B.Sc. in Maritime Management<br />
Part-time master’s degrees<br />
M.Sc. in Global Management & Governance<br />
<strong>MBA</strong> in <strong>Business</strong> <strong>Administration</strong> &<br />
<strong>Honourable</strong> <strong>Leadership</strong><br />
<strong>MBA</strong> in Shipping<br />
High-quality education for specialists <strong>and</strong> executives,<br />
applied research <strong>and</strong> advice round off <strong>HSBA</strong>’s offering.<br />
Excellent ranking results, the course accreditations by<br />
the FIBAA (Foundation for International <strong>Business</strong><br />
<strong>Administration</strong> Accreditation) as well as the institutional<br />
accreditation by the German Council of Science<br />
<strong>and</strong> Humanities testify to the high quality of our university.<br />
<strong>HSBA</strong> is strongly influenced by the model of the<br />
honourable merchant, whose entrepreneurial dealings<br />
lead to success in business <strong>and</strong> who also assumes<br />
social responsibility. Consequently, <strong>HSBA</strong> summarises<br />
its actions under the motto of “Success through performance<br />
– responsibility – fairness”.<br />
<strong>HSBA</strong>’s main concern is to mould its students into<br />
ethical, cosmopolitan people with strong professional<br />
<strong>and</strong> methodological expertise <strong>and</strong> soft skills, who can<br />
benefit from outst<strong>and</strong>ing employment opportunities<br />
after graduating from <strong>HSBA</strong>. In the cosmopolitan city<br />
of Hamburg with its global orientation, the focus is<br />
also on developing students’ international skills.<br />
With its relevant courses, applied research <strong>and</strong><br />
high-quality education offerings, <strong>HSBA</strong> is endeavouring<br />
to become one of Germany’s leading business<br />
schools, true to its motto of:<br />
<strong>HSBA</strong> – The Gateway to Management Excellence<br />
In this context, “Management Excellence” st<strong>and</strong>s for<br />
dedication, performance, reliability <strong>and</strong> integrity.<br />
23
<strong>HSBA</strong> Hamburg School of <strong>Business</strong> <strong>Administration</strong><br />
Alter Wall 38 · 20457 Hamburg<br />
Telefon: +49 40 36 138-711 · Telefax: +49 40 36 138-751<br />
info@hsba.de · www.hsba.de