Financing Options & Funding

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Financing Options

Financial hurdles should not be an obstacle to studying, as a degree at HSBA Hamburg School of Business Administration offers you unique career opportunities. However, the completion of a Master's programme requires financial planning. In the following we will give you an overview of the tuition fees and which financing options are available.

Tuition fees at a glance

Study Course Course Fees for the Overall Programme
MSc Business Development 22,500 EUR
MSc Digital Transformation & Sustainability 28,500 EUR

The course fees are for the overall programme. HSBA alumni and staff at partner companies, JOB & MASTER candidates as well as applicants that apply before 31 May receive a 10% discount.

The course fees include the exam fees but please be aware that costs related to the study trip are not included. Usually the employer pays a part of the course fees.

Option 1: Financing with the Support of Employer

If the applicant is already in employment, it may be possible, depending on the company, for the employer to cover most of the tuition fees.

HSBA’s JOB & MASTER programme is a free placement service for applicants of our MSc programmes still looking for employment. If you are eligible to join the placement service, HSBA will assist you finding a job. Please note that not all students may be eligible to take part. Please inform us if you are interested in the JOB & MASTER programme, so we can advise you accordingly.

Option 2: Financing with the Support of Chancen eG: Income Share Agreement

Study now – pay later

With Income Share Agreements (ISA) tuition fees are financed in whole or in part* by CHANCEN eG. In return, starting from a fixed annual minimum income, the student will repay a fixed share of his income to the Chancen eG after completing his studies. The concept envisages that student repayments can be used to fund study places for future generations using the same model. On the website of Chancen eG you can find further information. Feel free to contact us if you have any questions.

*Partial financing is possible from a minimum funding limit of EUR 8,100.

Option 3: Financing from Own Funds

Of course, you can also finance your studies yourself. There are some options to support you:

Scholarships

As part of the HSBA study funding programme, a maximum funding of 50% of tuition fees is possible.

All candidates should add a separate motivation letter to their application, in which their special suitability for the scholarship is explained. Please find further information below:

MSc Business Development

MSc Digital Transformation & Sustainability

 

The "Deutschlandstipendium" scholarships are awarded based on performance and amount to EUR 300 per month. 50% stem from public funding from the German government and 50% from the university's own private funding. For further information please take a look at the specific information and regulations regarding the "Deutschlandstipendium". 

For further funding needs, HSBA students may qualify for other scholarships. A good place to look for the most appropriate scholarship is mystipendium.de. To find a suitable foundation, please check the platform stiftungssuche.de. When choosing a scholarship, always make sure that students of part-time Master's programmes are eligible to apply.

The following banks offer student loans on special terms:

Commerzbank

Deutsche Bank

Hamburger Sparkasse

Further information on the topic can be found on the websites www.studienkredit.de and the CHE-Studienkredit-Test 2016. Please be aware that these websites are only available in German.