120 ECTS must be acquired over the course of the study programme. The credits are spread over twelve modules and the master’s thesis. The study programme takes a generalist approach and covers a broad range of business administration theory as well as relevant economic and legal topics. The overlapping topics of internationality, business ethics and governance are incorporated in the modules and analysed in the respective context. The first nine modules as well as module 12 are core modules. In modules 10 and 11, students can choose a specialisation. The degree concludes with a six-month master’s thesis, which can relate to any area of the programme.
Plan of studies (ECTS / contact hours)
1. Decision Making & Economic Behaviour
2. International Accounting & Governance
3. Ethics, Compliance & Dispute Resolution
4. International Strategic Management
5. International Politics and Economics
6. International Project
7. Financial Management
8. Corporate Responsibility & Corporate Communication
9. Leadership & Human Resource Management
10. Specialisations (Marketing, Finance, Entrepreneurship)
11. Topical Research Issues
12. Concluding Case Study
Master's Thesis & Colloquium
Guiding principles Internationality, Business Ethics and Governance
Three overarching principles form the backbone of the course:
- Internationality is essential for economic success, particularly for the multitiude of globally oriented companies in Hamburg
- Business ethics. Understanding the reasons why and how ethical behaviour in business leads to economic success is a key for leading a modern company
- Governance. The manner in which boards or their like structure a corporation is a central management issue. Governance relates to setting up a consistent management, incentives, guidance, decision-rights and responsibilities.
In the individual modules, the topics covered are also always looked at from the perspective of these three guiding principles. This means that international or intercultural aspects are taken into account in the lectures, for example when discussing the special aspects of international personnel management or the role of global financial markets. In light of HSBA’s special focus on values, business ethics aspects are always considered, with a central role accorded to the model of the honourable merchant. In order to discuss the options for managing companies, governance is a core aspect of the teaching. Students should learn to assess and apply various institutional alternatives for action in the respective areas of business. This puts the students in a position where they can make conscious and informed decisions even in critical situations.
Structure of modules (didactical approach)
One key factor for a successful study programme is to get the best learning outcomes. Therefore, it is essential that all students are well prepared for the lectures. This is why each module starts with a brief introduction (Presence phase 1), followed by a self study phase during which the students use the course literature to prepare for the respective module (Individual study phase 1). This preparation is generally tested in a one-hour opening exam in order to create a uniform starting point for teaching and discussing the contents. In the central presence phase (Presence phase 2), conventional lectures are interchanged with case studies and guest lectures. In the next step (Individual study phase 2), students can deepen the knowledge acquired and supplement it with their experiences from the company. Each module finishes with a module exam or an assignment (Presence phase 3).