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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

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