Global Management & Governance (MSc)

Global Management & Governance (MSc)

Stefan Malzkorn

Study Profile MSc Global Management & Governance

The MSc Global Management and Governance offers an applied business administration study programme with extensive scientific content. The aim of the course is to allow future specialists and managers to acquire the requisite knowledge and encourage them to think strategically and sustainably. This consecutive programme has been designed for ambitious Bachelor's graduates.

Highlights of the Study Course

  • Focused course contents: Theoretical and analytical knowledge together with case studies and examples from practise offer the opportunity to put the theoretical learnings into practice. 

  • Specialisations for high employability: Students on this academically challenging Master’s study programme may specialise in Marketing, Human Resources, Finance or Entrepreneurship

  • Digital Toolbox @ HSBA

  • Accredited quality of the study programme and the university: The study programme is accredited by the FIBAA and received the premium accreditation in 2015.

  • JOB & MASTER Programme: 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: The HSBA master’s students have the opportunity to take part in the mentoring programme which experienced executives from  Hamburg offer them.

Facts on the Study Course

Students 30 per group on average
Degree Master of Science with the right to proceed to doctoral studies
Credits 120 ECTS
Language English
Course Duration 30 months, start on 1 October
Course Organisation Part-time, contact hours at extended weekends and a small number of full-time weeks
Admission Requirements Good bachelor's degree; work experience not obligatory but beneficial for JOB&MASTER-placement; B2-level in English language
Patronage and Mentoring Versammlung Eines Ehrbaren Kaufmanns zu Hamburg e.V. (VEEK; engl.: The Honourable Society of Hamburg Merchants)
Financing JOB&MASTER, additional grants
Study Fees 22.500 Euro (=750 Euro per month)*, early-bird discount of 10% if application is received by 31 May. The major part of the study fee is generally covered by the employer. Fee including examination fees, excluding costs for the study trip.
Application Process Written application, telephone interview, admission day. Applications are accepted until the maximum number of students is reached. We recommend to apply early, since grants and JOB&MASTER-places are allocated on a first-come-first-serve basis. Non-EU/EEA students should apply early to allow time for their visa application.
Accreditation FIBAA Premium Accreditation (Foundation for International Business Administration Accreditation) in 2015/ The programme received very good ratings, especially for overall study situation, feasibility of study courses and international orientation, in the 2014 ZEIT CHE ranking.

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

Impressions on the Study Course

"After my dual Bachelor's degree, I did not want to miss out on the opportunity to also obtain a Master's degree from HSBA. This was the perfect choice for me! I particularly enjoy the proximity to Hamburg's business world, the practice-based approach of the lecturers, the excellent mentoring programme and my enthusiastic fellow students."

Elisa Levermann
MSc Global Management & Governance (Class of 2014)

"For the MSc Global Management & Governance, we have succeeded in recruiting high-calibre professors and lecturers with a range of international experience. The ideas of internationality, business ethics and governance form a recurring theme throughout the entire course."

Prof. Dr. Stefan Prigge
Head of the Study Course MSc Global Management & Governance

"Entrepreneurship is one of the most important factors for success in fast-growing SMEs. They are lucky enough to have a rapidly developing and dynamic environment here in Hamburg."

Andreas Bartmann
Managing Director Globetrotter GmbH

Study Structure

To successfully complete the programme and be awarded the Master of Science degree, 120 ECTS must be collected. The credits are spread over twelve modules and the 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 choose between the specialisations in Marketing, Human Resources, Finance or Entrepreneurship. The degree concludes with a six-month thesis, which may relate to any area of the programme. 

Study Plan

Study Content: Semester 1
  • Decision-Making & Economic Behavior
    8 ECTS
    1 term/s
  • Sustainable Innovation Camp
    6 ECTS
    1 term/s
  • International Accounting & Governance
    9 ECTS
    1 term/s
Study Content: Semester 2
  • International Politics & Economics
    6 ECTS
    1 term/s
  • International Strategic Management
    9 ECTS
    1 term/s
  • Digital Toolbox
    5 ECTS
    1 term/s
Study Content: Semester 3
  • Study Trip
    5 ECTS
    1 term/s
  • Financial Management
    6 ECTS
    1 term/s
  • Ethics, Compliance and Dispute Resolution
    6 ECTS
    1 term/s
  • Leadership & Human Resource Management
    7 ECTS
    1 term/s
Study Content: Semester 4
  • Elective
    10 ECTS
    1 term/s
  • Topical Research Issues
    10 ECTS
    1 term/s
  • Concluding Case Study
    3 ECTS
    1 term/s
Study Content: Semester 5
  • Master's Thesis & Colloquium
    30 ECTS
    1 term/s

Specialisations of the Study Course

Students acquire specialist knowledge by choosing one of the following four pathways: 

Marketing: This specialisation deals in depth with three core aspects of marketing. In all three parts, scientific models are introduced that serve to quantify interrelations in marketing.

Human Resources: The specialisation Human Resources offers a well-founded overview of central tasks of talent management as well as the goals and the focus of human resource management in a successful company. Selected current topics that are of particular importance due to demographic changes and increasing digitalisation are looked at in detail in special sessions.

Finance: The Finance specialisation module carries on from the Financial Management module. The central learning objective is the ability to value projects, shares and entire companies.

Entrepreneurship: This specialisation deals with all of the different aspects of entrepreneurship, starting with company start-ups and the management of small and medium-sized enterprises right through to innovation management and the restructuring of existing and development of new business divisions in companies and the founding of new companies, also within corporate groups.


Dr. Mary Papaschinopoulou
Former Director IHK NORD Brussels - Association of North German Chambers of Commerce and Industry

Modules: Study Trip to Brussels

Application Process

For the MSc Global Management & Governance the following admission requirements apply:

  • A completed third-level degree in economics or business with 180 ECTS credits. This degree should have been completed with a minimum German grade “good” (2.5) or equivalent.
  • Ability to study in English language  (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 (written application, telephone interview, admission day).

Secure Your Study Place on the MSc Global Management & Governance in Four Easy Steps:

Step 1: Written Application Please send the following documents in one PDF to Application form, motivation letter in English, CV, academic or professional reference, degree certificate, transcript of records, English language certificate (min. B2)  
Step 2: Telephone Interview You are asked to explain your motivation to study at HSBA and you can ask questions about the programme and the university. The telephone interview lasts about 30 minutes.  
Step 3: Admission Day We meet in person! We get to know you better while you complete different tasks throughout the day. Today you have the chance to visit our campus, meet professors and ask more questions.  
Step 4: Admission If successful at the Admission Day we welcome you to HSBA officially. If applicable, you will be accepted into the JOB & MASTER programme, too, and you will of course receive your contract and further information relevant to the programme.  


...with the Support of the 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.

...with the JOB & MASTER Programme

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.

... with the HSBA/VEEK Scholarship

In exceptional cases, students receive a reduction in the study fee as part of the HSBA/VEEK scholarship programme. This scholarship programme offers a reduction in fees by 25 or 50%.

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 may qualify for other scholarships. 

A good place to look for the most appropriate scholarship is To find a suitable foundation, please check the platform 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:

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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