Part-Time MBA
Master of Business Administration
Earn your degree of distinction in only two years while you work
Contents
your guide to HHL's Part-time MBA
3 4 5 6 7 8 9 10 11 12 13 14 From the Dean HHL history HHL programs & departments MBA overview MBA faculty MBA curriculum MBA modules & courses Alumni & supporters High-powered networking Students Let’s meet in Leipzig Admissions & costs
From the Dean
becoming the best – like you
Germany's leading business newspaper, Handelsblatt, writes about HHL's MBA that, “Without making a lot of noise, with a little jump-start from the top schools INSEAD and Tuck (USA), and under the aegis of a program director from the United States, the private HHL – Leipzig Graduate School of Management has managed to set up what is perhaps Germany's best Full-time MBA program” (June, 2005). Earlier Handelsblatt articles rate HHL's MBA program among the “50 Best Business Schools in All the World”. Other leading business publications place the Full-time MBA among the top 25 of Europe. HHL graduated its first Part-time MBA class of high-potential, mid-career professionals in 2005 and anticipates building an equally high reputation for this parallel program. We are off to an excellent start. HHL takes initiative and works hard. It was the first private German business school to be accredited by AACSB International. But getting to where we are now has not been all roses. Although we are Germany's first and oldest business school, we had to reinvent ourselves after the tumultuous reunification of Germany. Today we can claim success in building on our century-old traditions – while stretching our wings to develop an increasingly international outreach. Dedicated to teaching and research of the highest scholarly standards, we deliver a well-rounded management education that combines theory with practice in a compact timeframe. We expose you to the latest managerial thoughts and trends and introduce you to key firms and industrial leaders – all with the goal of preparing you to make the informed judgments expected of a business leader. HHL encourages you as a student already forging your career to “think outside the box,” to react to the nuances of business and to challenge conventional solutions. Our curriculum identifies a host of essential topics that you will incorporate into your particular business world – managerial leadership, intercultural communication, economics, ethics, sustainability, problem solving, negotiation and other issues expected to impact global markets as well as the role and influence of international managers. In addition to enhancing your management expertise, we focus on deepening your interpersonal talents. Opportunities to interact with motivated peers, as well as our highly international student body and both resident and visiting faculty, help broaden your horizon and refresh your resolve. Opening your mind to a spectrum of perspectives can be as important as sharpening your skills, creativity and determination. These qualities pave the way for reflective, responsible thought and action. They lead you to networking opportunities and friendships for life. Helping you pursue a rewarding career, as you gain personal associations and lifetime fulfillment, is what HHL is all about. As an institution, HHL is growing in stature and recognition. By educating talented, high-potential, midcareer professionals like you, we expect to enhance HHL's reputation through assisting you in your climb to a position of leadership.
Prof. Dr. Hans Wiesmeth, Dean of HHL
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HHL history
Germany's first business school
The HHL – Leipzig Graduate School of Management was founded in 1898 as the Handelshochschule Leipzig and was Germany's first business school to earn university status. Its early graduates and faculty, most notably Professors Eugen Schmalenbach, Balduin Penndorf and Hermann Großmann, are regarded today as Germany's leading developers of the principles of management science. From its inception, HHL had an international orientation and a commitment to rigorous business instruction and research. By the 1930s, nearly half our students came from outside of Germany and many earned doctoral degrees. The 1989 fall of the Berlin Wall and German reunification in 1990, in which Leipzig's “Peaceful Revolution” played a pivotal role, wrought a significant change. These events gave HHL the opportunity to rebuild its earlier reputation. HHL received strong support to create a European-oriented private graduate school of management. In the mid-1990s, The MBA program in international management, begun in 2000, quickly gained recognition. The Financial Times reported that, “The HHL – Leipzig Graduate School of Management has become the country's first provider of MBA courses to be included in a global ranking.” Germany's prestigious Handelsblatt, in an issue on the “50 Best Business Schools in All the World” wrote that HHL “can justifiably claim to offer the best independently developed MBA program available in Germany.” In 2004 HHL became
“HHL’s MBA combines the best of two worlds: the American focus on business practice with the German focus on theory. I’ve enjoyed teaching my courses – the students are terrific.”
Prof. Gert Assmus, Ph.D. Proffesor at Dartmouth College’s Tuck School of Business, USA Visiting Professor and former Dean, HHL
the government of Saxony's Ministerpräsident, Professor Kurt Biedenkopf, facilitated start-up funding. The international consultancy McKinsey & Company, Inc. advised HHL on implementing a new structure. HHL joined Saxony's State Academic Conference with full university status in 1994 and welcomed the first students of the new era in 1996. Deans of the modern HHL – Professor Dr. Dr. h.c. mult. Heribert Meffert, now Chairman of the Bertelsmann Foundation, and Professor Gert Assmus of Dartmouth College's Tuck School of Business, USA – were also important figures in “re-inventing” HHL.
the first private business school in Germany to be accredited by AACSB International. Today HHL is where leading multinational companies come to recruit their future managers. HHL has positioned itself to meet and exceed the highest European business education standards and to make Leipzig a worldwide destination for international management training and expertise. We invite you to join our future.
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HHL programs and departments
integrated and student-focused
The philosophy behind all HHL programs is to focus on the student through close student-professor contact and to stress intense peer initiative and interaction – while providing in-depth business and academic experiences and enhancing students' leadership potential and social/networking skills. As a graduate business school, HHL offers four renowned academic programs. In addition there is the option of double degree programs with a number of HHL's partner schools. All programs are taught entirely in English:
HHL department heads
• • • • •
Accounting and Auditing: Prof. Dr. Annette Köhler Applied Economic Theory: Prof. Dr. Hans Wiesmeth Entrepreneurship: Prof. Richard B. Mancke, Ph.D. Finance: Prof. Dr. Bernhard Schwetzler International Management: Prof. Robert Rickards, Ph.D. (acting)
• Macroeconomics: Prof. Dr. Wilhelm Althammer • Marketing Management: Prof. Dr. Manfred Kirchgeorg • Microeconomics and Information Systems:
Prof. Dr. Arnis Vilks, Prof. Pierfrancesco La Mura, Ph.D.
• Part-time MBA–24 months, tailored to active professionals • Full-time MBA–15 months, optional enrollment for further
specialization
• Production Management: Dr. Stefan Spinler (acting) • Strategic Management and Organization:
Prof. Dr. Kathrin Möslein
• M.Sc. in Management–18 months • Doctoral program – potential follow-up and/or in-depth
degree program
• Sustainability and Global Ethics: Prof. Dr. Andreas Suchanek • Sustainability and Global Politics: Prof. Doris Fuchs, Ph.D.
An MBA leading to business excellence
Strong Practice Orientation
• Case studies • Distinguished corporate partners • Company-based thesis • Teamwork
Academic foundation
• • • • Advanced management Latest theory/practices World-class instruction High profile faculty
Internationality
• • • • International professors Peer and contact networking Corporate culture exposure Diverse HHL student body
Value Added
• • • • 2 years, weekends/holidays Supportive environment Interactive classes State-of-the-art facilities
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MBA overview
intensive, interdisciplinary and intercultural
The Part-time Master of Business Administration program at HHL is taught entirely in English and is especially designed for professionals seeking to earn a graduate degree that is widely respected throughout the world. It is designed to complement your prior experience and education with contemporary approaches, collective corporate wisdom and an international focus. Students admitted into this program are expected to have three or more years' work experience on top of a college or university degree. The Part-time program is directed to high-potential, midcareer professionals: The Part-time MBA takes into consideration the time constraints and job responsibilities of students, with focused coursework conducted twice monthly on weekends over a two-year period and supplemented by self-initiated networking. Courses are organized into eight modules and cover all important business functions – e.g., accounting, marketing, finance – as well as applied studies and realtime exposure to industry “movers and shakers” and entrepreneurs. The Part-time MBA culminates in an intensive, “Global Immersion Seminar”. The first seminar took place in Chicago, focused on leadership and featured sessions with professors at the University of Chicago Graduate School of Business and the Kellogg School of Management at Northwestern University. A highlight of the trip was a presentation by Jack Welch, General Electric’s renowned former CEO.
• Seeking to accelerate their careers or develop entrepreneurial ventures for which their prior experiences have prepared them
• Who have studied or practiced business or economics and
are now seeking the internationally recognized MBA degree
• Whose university studies focused on such disciplines, as
engineering, law, medicine, humanities, etc.
Important features of an MBA from HHL:
• Concentrated, focused and goal-oriented • Distinguished international faculty and cosmopolitan
“Getting my MBA degree in HHL's Part-time program let me pursue a high-profile managerial position, yet gain a fast track to strategic management practices and diverse cultures, both paramount in management consulting. It's been excellent for a busy professional like me.”
Can L. Ünal, MBA Senior Consultant Operations & Supply Chain Management, Arthur D. Little, Munich
student body
• Interactive classes, close peer-faculty contact and a
friendly, helpful staff
• The chance to develop your “soft skills” to the utmost • Located in lively Leipzig with its rich university, business/
trade and cultural heritage
• On-campus recruiting and an excellent job placement
record with multinational firms
• Your top-rated MBA carries the weight and reputation of
Germany's first management school
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MBA faculty
international and highly accomplished
The MBA faculty at HHL combines full-time resident professors with regularly visiting professors from all over the world. Resident professors bring a wealth of international experience to the table, having taught at MIT, Stanford, Wharton School of Management (U. of Pennsylvania); the Universities of Chicago, Haifa, Michigan, Toulon and Western Ontario; Hebrew, Tufts and York Universities; Beijing's Foreign Affairs College and the Russian Academy of Science, among others. Many full-time faculty members have held research appointments at North American universities. Most of the visiting professors hold full-time appointments at leading universities and business schools around the world, including Canada, the Czech Republic, Germany, Norway, Sweden, the United Kingdom and the United States, among others. Seasoned professionals teach a number of our courses. A former senior partner at Arthur D. Little leads the introductory seminar on problem solving and communication. An American venture capitalist and founder of two multibillion-dollar firms teaches Entrepreneurship. Strategic Management is taught by a visiting professor with international consulting and academic experience. Distinguished speakers return regularly to enable students to gain exposure to the views of real business practitioners, as well as invaluable chances to network. We are proud of our visiting faculty's continuing investment in the MBA program and its graduates. In this sense, we regard them as permanent members of the HHL community.
“A first class MBA program ensures learning amongst students eager to learn. HHL's MBA program is exactly that – First Class. Combine a diverse cohort of motivated students with international experts and you create synergies that are unique to HHL.”
Prof. Arshad Ahmad, Ph.D. 3M Teaching Fellow John Molson School of Business Concordia University, Canada
Visiting faculty include:
• • • • • • • •
Prof. Arshad Ahmad, Ph.D., Concordia University, Canada Dr. Carsten Bartsch, Weserbergland AG, Germany Prof. Markus Bielh, Ph.D., York University, Toronto, Canada Prof. Cristina Chaminade, Ph.D., Lund University, Sweden Ian Diamond, Independent Consultant, UK Prof. Dean Goodermote, CEO, NSI Software, USA Prof. Jaroslav Halik, Ph.D., University of Economics, Prague Prof. Dr. Harald Hungenberg, University of Erlangen-Nürnberg, Germany
• Prof. Gurprit Kindra, Ph.D., University of Ottawa, Canada • Prof. Hanno Roberts, Ph.D., Norwegian School of
Management
• Dipl-Ing. Hans Steinbeck, IBM • Prof. Christopher Tunnard, Fletcher School/Tufts
University, USA
• Modestas Gelbuda, Ph.D., London Business School • Thene Martin, LL.B, Partner, Hogan & Hartson, LLP, USA • Rolf-Ernst Pfeiffer, Leadership Performance Group
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MBA curriculum
achieve your goal in 8 challenging steps
The Part-time MBA curriculum is designed for high-potential, mid-career professionals seeking to enhance their existing corporate careers or move up in the business world. This is an intensive, rewarding two-year experience. The basic curriculum integrates three types of courses into eight modules: 1. Core courses in economics and quantitative methods provide the theoretical foundation and tools for applied business courses. 2. Courses in accounting, finance, marketing, operations, business organization and strategy build a basis for understanding and managing functional business areas. 3. A mix of courses addresses current managerial concerns such as entrepreneurship, innovation management, corporate-government relations and managerial leadership.
Module 1
Module 2
Module 3 Finance and Accounting
Module 4 Strategic Management and Organization
Economics
Marketing
Managerial Economics
Marketing Management
Financial Accounting
Essential Business Skills
Managing Organizations Cost Accounting Macroeconomics Marketing Strategy (Simulation)
Financial Management
Strategic Management
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MBA modules & courses
enhance your management skills
Cooperation, conflict resolution, decision-making, presentation techniques and other communication skills are built into the curriculum. Teamwork is both expected and encouraged by means of direct contact with professors and peers and extensive group work. Lectures take place on alternating weekends or during vacation periods amenable to participants. Conscientious students should have adequate time to process readings or lectures, prepare their own papers and presentations and keep in contact with group-work team members. Master's thesis Students finish the program with a Master's thesis that may be based upon a real-world problem at their place of employment. A member of the HHL faculty serves as the student's thesis advisor and helps maintain rigor and continuity between academic work and students' actual working environments.
Module 5
Module 6
Module 7
Module 8
Operations and Information Management
International Management
Entrepreneurship
Leadership and Ethics
Supply Chain Management Decision Models
International Economics International Finance International Marketing
Entrepreneurship
Ethics
Operations Management
Innovation Management
Managing Global Corporations Negotiation
Management and Leadership
Fundamentals of E-Business
International Accounting
Intercultural Competencies
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Alumni & supporters
a vital community
We work hard to foster a strong network of contacts and sustainable friendships. Experiences gained with classmates and professors can last for a lifetime and serve our students' professional lives. Beyond the campus, there is a “worldwide web” of dedicated and helpful alumni and sponsors. HHL's Alumni Association becomes your second family over the years. HHL alumni donate both their time and financial support – offering talks, workshops, company visits, etc. Such generosity helps renew HHL's century-old tradition as Germany's leading center for business teaching and research. Corporate figures play a pro-active role at HHL, again, generously donating their expertise to a new generation. Students profit from getting to know the people who represent the world's top corporations and best business practices. Our supporters include some of the most important German and International firms: This dash of enthusiasm coupled with practical know-how is what makes the HHL link so special. Part-time MBA students have found their interactions very productive for future synergies and brainstorming with those who have “been there.”
“All good MBA programs teach you the basics. What makes HHL special is its successful effort to combine theory and practice and its emphasis on developing soft skills such as teaming and leadership that are so valuable for successful business leaders.”
Prof. Dipl.-Ing. Jörg Menno Harms Former CEO Hewlett-Packard GmbH Regular guest-speaker in HHL's Managerial Leadership course
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High-powered networking
advances your career
Excellent skills, experience and desire are key factors in the hiring or promotional decisions of firms now operating in global markets. They want internationally aware managers – attuned to the best business practices and eager to take on difficult leadership and entrepreneurial roles. Leading international firms recognize HHL graduates. The students who come to HHL do so because they expect that earning an MBA, the “gold standard” around the world for business education, will improve their career opportunities significantly. The emphasis in the Part-time MBA program is to optimize student exposure to new or enlarged career vistas and to give them the analytical tools to fulfill their goals. You know what you want – an even more rewarding and Most Part-time MBA graduates plan to remain with their firms and take advantage of expanded responsibilities and promotions. A few, however, may seek new jobs. If so, they have ready access to the internationally prominent management consulting, financial, industrial and commercial firms that make weekly visits and regularly recruit HHL students. HHL organizes an annual MBA career fair along with other AACSB accredited business schools. HHL's Career Service actively assists you in successful career enhancement.
“With my scientific background and a management job in real estate, the HHL Part-time MBA program gave me international economic know-how and strategic insights way beyond my daily professional life. I recommend the program so highly that I would almost do it again!”
Dr. Katrin Grumme Managing Director, Dr. Grumme Consulting GSF GmbH, Munich
Networking is the key to getting the best job. HHL incorporates an environment conducive to networking into its approach and curriculum:
• Courses like Managerial Leadership, featuring presentations
and informal dinners with prominent international business leaders
• Student-led practical projects or internal firm problemsolving exercises
• Global Immersion Seminar • Inviting entrepreneurs to explore real-world business
scenarios
• Enabling all-important peer networking with other
business professionals like you
challenging career with promotion potential and a highquality lifestyle. At HHL we know how to help you achieve that goal by bringing important business contacts and career advancement opportunities directly to your doorstep.
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Students
the world at HHL
The combined MBA student body is a fascinating microcosm. Some students in the Part-time program have led departments or operations of more than 500 people. Many of the Full-time MBAs are very international and bring extensive life experiences into the mix – having enjoyed careers in non-business fields ranging from law and engineering to science and the humanities. So who will you find as a friend and future colleague at HHL? It is sometimes hard to say, but here's a quick glance: Part-time MBA Profile Part-time MBA students have already begun their careers and are now seeking advanced studies and outcomes. Though often business-oriented, they tend to have diverse degrees and professional backgrounds. Degrees: Business, Chemistry, Engineering, IT, Languages, Medicine, Politics Fields of work: Automotive, chemical, consulting, finance, healthcare, media, real estate, etc. Entire HHL Student Body The entire HHL student community numbers around 300 students whose interests and backgrounds make for great and lasting connections. The “world class” is composed of: The cultural and intellectual diversity available at HHL and in the city of Leipzig itself leads to synergies, creative ideas and know-how that might not exist or evolve in a narrower “strictly business” setting. Students who choose HHL come here because of their outlook and ambition. They see HHL as one of the best places in the world to prepare talented people for advanced careers in international business and management – and they are ready to lead successful and positive lives. 18-25 28-45 Class size Age range Average work experience 6 years International students 20 %
• Part-time MBAs – high-potential, mid-career professionals
currently working in Germany with an average of six
“I appreciate the philosophy of leadership at HHL. To live one’s life and job in a responsible and sustainable way is true leadership. HHL stimulates that.”
Stefan Bielau, MBA Project Manager, Eurocast GmbH, Berlin
years' work experience and varied academic backgrounds.
• Full-time MBAs – a cosmopolitan group, around 40 percent are German; the rest come from all over the world and represent many professional/academic backgrounds.
• M.Sc. students – undertake studies stressing business
and economics.
• Exchange students – from HHL's more than 80 partner
universities study in Leipzig for a term.
• Doctoral students – often assist professors and contribute
to scientific research at HHL.
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Let’s meet in Leipzig
Germany’s liveliest university city
HHL is located on the campus of Germany's third oldest and expanding University of Leipzig. Close by is Leipzig's new stadium and arena complex, the host of the World Cup soccer games in 2006. Leipzig is famous for its student nightlife – the cavernous student club “Moritzbastei,” the latest jazz/rock concerts and a bar-café scene in all directions. The city offers the largest choice of moderately priced, quality housing available anywhere in urban Germany. At the crossroads of historic European trade routes, Leipzig prides itself on a 1,000-year tradition of economic vitality and a meeting place for science and the arts. Bach, Leibniz, Mendelssohn-Bartholdy, Goethe, Schiller, the Schumann's and Wagner were among its notables. Culture thrives today at Leipzig's famed symphony hall Gewandhaus, theater(s), Opera, “DOK Leipzig” international film festival and the world famous Book Fair. Leipzig's economy reflects the drive, initiative, skill level, work ethic and sophistication of its citizens. Entrepreneurship, trade fair management, bioscience, transportation, media and energy concerns have found Leipzig a progressive business base.The new BMW and Porsche plants put Leipzig at the fore of Germany's trendiest auto industry cluster. Leipzig is a major air transport hub – and more. The city abounds in parks, waterways and recreational fun. Its widespread motto is “Leipzig Liberty” and it is known as “the city with no limits.” Where an international team prepares you to lead cooperation with Harvard University) where he was both Academic and Acting Dean.
• Dipl.-Ing. Petra Spanka, Executive Director: manages the
MBA program and has been involved in it since its start.
• Dr. Stefan Spinler (Ph.D., WHU Koblenz), Deputy Academic
Director: HHL's acting chair for Operations Management as well as visiting lecturer at the University of Pennsylvania's Wharton School of Management and MIT/Massachusetts Institute of Technology; winner of a “EURO” innovation prize for his work on real options valuation and supply chain risk management.
• Remigiusz Smolinski (M.Sc.), Program Manager: comes from
Poland, studied negotiation at Harvard University and assists in teaching activities.
• Dorothee Fleischer, Administrative & Alumni Relations
Coordinator: provides student sevices as well as organizing alumni affairs.
• Prof. Richard B. Mancke (Ph.D., MIT), Academic Director:
an American who taught at the University of Chicago's Graduate School of Business, University of Michigan Law School and Economics Department and Tufts University's Fletcher School of Law & Diplomacy (administered in
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Admissions & costs
investing in your future
Admission to the Part-time MBA program at HHL is highly competitive. Applicants are evaluated based on the following: Costs and financial Assistance
Tuition is € 25,200 for the entire program*. Tuition is to be paid in two installments at the beginning of each academic year. Study trips abroad are extra, but HHL will help negotiate expenses. Tax deductibility: Tuition and commuting or accommodation costs are usually tax deductible. Loans: Students from the EU may finance their studies with subsidized loans available from the Sparkasse Leipzig. Our outlook is that your education will provide you with excepFeel free to contact us if you have any questions. The application deadline is September 15. However an early application is recommended. The Admissions Committee normally determines admission within one month of application receipt.
* Tuition fees are subject to change. For current information, please visit www.hhl.de/part-time.
• Resume or CV showing three or more years
of post-graduate work experience
• • • • •
Employer letter of recommendation (optional, useful) Proof of university or comparable degree GMAT score report Proof of proficiency in oral and written English A completed HHL Application Form (download at www.hhl.de/part-time)
tional career opportunities that make your financial investment here at HHL well worthwhile.
“Analyzing the worldwide MBA market comprehensively brought me to conclude that HHL is, without any doubt, one of the leading schools in Europe. Getting my MBA here confirms my assessment. I'm energized and actually plan to continue more life-long learning.”
Marc Schumacher, MBA Head of Marketing & Communications, F. Breuninger GmbH & Co., Stuttgart
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Contact us
we are here for you
The MBA Team (from right to left): Richard Mancke (Academic Director), Dorothee Fleischer (Administrative Coordinator), Petra Spanka (Executive Director), Remigiusz Smolinski (Program Manager) and Stefan Spinler (Deputy Academic Director). You may obtain a complete overview of the MBA program or download an application form by clicking on our website – www.hhl.de/part-time. Or contact Executive Director Petra Spanka directly at the numbers/address below.
Helsinki Moscow London Paris Berlin
Leipzig
Warsaw Prague
Madrid
Rome
Leipzig and HHL –
where leaders and liberty meet at the heart of Europe
HHL – Leipzig Graduate School of Management Jahnallee 59 · 04109 Leipzig · Germany Tel. +49 (0)341 9851730 · Fax +49 (0)341 9851731 http://www.hhl.de/part-time · e-mail: mba@hhl.de