Business Development (MSc)

Roland Magunia

Degree Programme Details

This part-time Master of Science, taught entirely in English, focusses on business planning and innovation in a digitalised and globalised world. Students will learn to apply advanced tools and processes, including collecting and analysing numerical data in large quantities, when developing new products and services. Knowledge in applied maths and stats is equally important in this context as are negotiation and project management skills. 
Students learn to run complex projects successfully, structure change processes and actively embrace and design digital thinking in companies.

Key Features

  • Study trip to China or another international destination

  • Multiple case studies

  • Several real-life projects

  • Teaching methods include Design Thinking, Kanban, Agile and Scrum

  • JOB & MASTER Programme: JOB & MASTER is a free-of-charge placement service for applicants who wish to combine a challenging academic education at HSBA with valuable professional experience.

  • Mentoring Programme: Students are matched with experienced HSBA Alumni from the Hamburg business community, offering to be ideal sparring partners / role models.

Quick Facts

Students 25 students on average, maximum of 40 students per class
Degree Master of Science with the right to proceed to doctoral studies
Credits 120 ECTS
Language English
Course Duration 30 months, start on 01 October
Course Organisation Part-time, contact hours on extended weekends and some full-time weeks
Admission Requirements Good bachelor's degree in economics, business or similar; work experience not obligatory but beneficial for JOB&MASTER-placement, B2-level in English
Mentoring Programme HSBA alumni from the Hamburg business community
Financing JOB&MASTER (if eligible), additional grants
Study Fees 22.500 Euro (=750 Euro per month)*, early-bird discount of 10% if application is received by 31 May. Fee including examination fee; excluding costs for study trip.
Application Process Written application, telephone interview, admission day. Applications are accepted until the maximum number of students has been reached. We recommend to apply early, since grants and placements via JOB&MASTER (if eligible) are allocated on a first-come-first-serve basis. Non-EU/EEA students should apply early to allow time for visa applications.
Accreditation FIBAA (Foundation for International Business Administration Accreditation).

HSBA alumni and staff at partner companies, Job&Master candidates as well as applicants who apply before 31 May receive a 10% discount.

Impressions from our Students

"I can sincerely say that HSBA offers a very lively, comfortable and fun environment to study. After my Erasmus semester in HSBA nearly three years ago, I knew I had to return to fully benefit from the innovative study structures, incredibly qualified and successful professors, warm, helpful staff and the international environment at HSBA. What I enjoy most is the entrepreneurial context of our courses. It helps us reach an entrepreneurial, growth-mindset that can easily be applied on an intrapreneurial level too."

Ece Irmak Piber
MSc Business Development (Class of 2021)

"The MSc Business Development at HSBA combine the foundations of business administration with the tools of modern entrepreneurship. Focusing on the innovative and digital business world of the 21st century, the degree programmes provide students with the opportunities and skills to master the challenges of the future."

Lukas Bilowitzki
MSc Business Development (Class of 2021)

"The study group is very diverse and international, so we all benefit from our different individual experiences. Teamwork is great and we can rely on each other even in difficult situations such as exam times."

Louisa Konrad
MSc Business Development (Class of 2022)

"Business Development in the digital age plays a fundamental role in the existence and evolution of our modern society and it has increased in importance. I am convinced the MSc in Business Development is the perfect programme to push every business career to the next level."

Jannik Pokar
MSc Business Development (Class of 2022)

"Being part of the MSc Business Development programme at HSBA has been a great opportunity for me to develop my hard and soft skills. The programme has enabled me to implement innovative and digital tools to my current work and I am looking forward to apply them into the design of my own business model at a time when the advance of digitalisation is unmistakable."

Fernanda Suarez Jaimes
MSc Business Development (Class of 2022)

Programme Structure

To successfully complete the programme and be awarded the Master of Science degree, 120 ECTS must be collected. The credits are spread over ten modules in the first year and seven modules (Digital Toolbox / Master's elective) in the second study year. The programme concludes with the thesis.

Programme Content

Semester 1
  • Product Management
    5 ECTS
    40 Contact hours
    English
  • Intra-/Entrepreneurship
    5 ECTS
    40 Contact hours
    English
  • Scientific Methods & Competences
    5 ECTS
    40 Contact hours
    English
  • Data Analysis & Statistics
    5 ECTS
    40 Contact hours
    English
  • Project Management
    5 ECTS
    40 Contact hours
    English
Semester 2
  • Case Studies
    5 ECTS
    40 Contact hours
    English
  • Service and Product Design
    5 ECTS
    40 Contact hours
    English
  • Innovation Management
    5 ECTS
    40 Contact hours
    English
  • Digital Economics
    5 ECTS
    40 Contact hours
    English
  • Applied Econometrics
    5 ECTS
    40 Contact hours
    English
Semester 3
  • International Markets & Study Trip
    5 ECTS
    56 Contact hours
    English
  • Project Intrapreneurship
    5 ECTS
    40 Contact hours
    English
  • Strategic Business Development
    5 ECTS
    40 Contact hours
    English
  • Digital Toolbox/Masters' Elective
    5 ECTS
    64 Contact hours
    English
Semester 4
  • Project Entrepreneuship
    5 ECTS
    40 Contact hours
    English
  • Research Seminar Business Development
    10 ECTS
    28 Contact hours
    English
  • Sustainable Innovation & Compliance
    5 ECTS
    40 Contact hours
    English
  • Corporate Finance
    5 ECTS
    40 Contact hours
    English
Semester 5
  • Master's Thesis & Colloquium
    25 ECTS
    English

Business Development Course Content

The core modules focus on designing successful business models and innovation in a changing world. Students learn to organise a company strategically and financially, while dealing with challenges and change, deploying careful analysis at all times. In the Project modules students act as consultants, facing real-life problems and thereby applying theory in praxis.

The shared modules with students from MSc Finance include Project Management where concepts such as Design Thinking, Scrum or Agile are taught. Data Analysis & Statistics focusses on IT tools like MatLab, delving deep into maths and stats. Negotiation techniques and research methods are acquired in Scientific Methods & Competences, conveying methodological and analytical skills. Sustainable Innovation & Compliance, Digital Economics and Applied Econometrics highlight the need for embracing digitalisation and provide a combination of mathematically well-grounded method-building and wide-ranging applied work with data. Students gain an international perspective on business development in International Markets & Study Trip, a module which takes the cohort abroad (current destination: Shanghai).

Students from across all postgraduate courses learn together in Digital Toolbox / Elective which is a unique offering on digital tools and strategies.

Selection of our Lecturers

Admission Requirements

For the MSc Business Development the following admission requirements apply:

  • A completed third-level degree in economics or business with 180 ECTS, including good knowledge in maths and stats. The degree should have been completed with a minimum German grade “good” (2.5) or equivalent
  • Ability to study in English (minimum level: B2 of the European Framework of Reference)
  • Letter of recommendation from a current or recent employer or an academic reference
  • Successfully completed HSBA selection process (online application, telephone interview, admission day)


Apply now!

Financing of the Study Course

The course fees are 22,500 Euro 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.

Your Financing Options

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 (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. 

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.

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

HSBA Scholarship: As part of the HSBA study funding programme, a maximum funding of 50% of tuition fees is possible. Other funding programmes and scholarships remain unaffected. More information on the HSBA scholarship here.

Germany Scholarship: 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". 

Scholarships & Foundations: 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.

Student Loans: The following banks offer student loans on special terms:

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.

Questions?

Linda Stuckenberg

Marketing & Relationship Manager
+49 40 822160-932
linda.stuckenberg(at)hsba.de

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