Business Development (MSc) | HSBA

Business Development (MSc)

Roland Magunia

Study Profile MSc Business Development

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.

Highlights of the Study Course

  • Study trip to China or another international destination

  • Multiple case studies

  • Several real-life projects

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

  • Digital Toolbox @ HSBA

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

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

Facts on the Study Course

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 15 August
Course Organisation Part-time, contact hours on extended weekends and some full-time weeks
Admission Requirements Good bachelor's degree, work experience not obligatory but beneficial for JOB&MASTER-placement, B2-level in English
Mentoring Programme HSBA alumni
Financing JOB&MASTER, additional grants
Study Fees 22.500 Euro (=750 Euro per month)*, early-bird discount of 10% if the application is handed in by 31 May. They include examination fees, but do not include the costs for the 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 JOB&MASTER-places are allocated on a first-come-first-serve basis
Accreditation The study course is accredited by the FIBAA.

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 2020)

"The MSc Business Development and MSc Finance 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 2020)

Study Structure

120 ECTS must be acquired over the course of the study programme. 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.

Plan of Studies

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.

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


Application Process

On the MSc Business Development the following admission requirements apply:

  • A completed third-level degree in economics or business covering 180 ECTS credits. The third-level degree should have been completed with a minimum German grade “good” (2.5) or equivalent.
  • Ability to complete a course of studies in English (minimum level: B2 of the European Framework of Reference)
  • Letter of recommendation from a current or former employer or an academic reference.
  • Successfully completed HSBA selection process (written application, telephone interview, admission day).

Secure Your Study Place on the MSc Business Development in Four Easy Steps:

Step 1: Written Application Please send us the following documents in one PDF to Application Form, English Motivation Letter, CV, Academic & Personal Reference, Degree Certificate, Transcript of Records, English certificate (min. B2)  
Step 2: Telephone Interview In this first interview you should explain your motivation, but of course you can also ask questions about the programme. The telephone interview lasts about 30 minutes.  
Step 3: Admission Day We get to know you better by setting different tasks throughout the day. This day also gives you the opportunity to visit our campus and meet professors.  
Step 4: Admission After a successful Admission Day we welcome you to HSBA officially. If applicable, you will be accepted into the JOB & MASTER programme at this time and will of course receive your contract and all other information relevant to the programme.  


...with the Support of the Employer

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

...with the JOB & MASTER Programme

HSBA’s JOB & MASTER programme is a free placement service for applicants looking for a study place who wish to combine challenging academic and professional development.

Other Scholarships and Funding Programmes

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.

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 also qualify for other scholarships . 

A good help for finding the most appropriate scholarship is To find a suitable foundation, please check the platform

To secure funding students of HSBA can also apply to certain foundations which grant scholarships, such as:

The following banks offer student loans on special terms:

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

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