Photo: Hapag-Lloyd. Shipping MBA. Part-time MBA for executives of the maritime sector taught in Hamburg, Athens/Pireaus, London and Dubai

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1 Photo: Hapag-Lloyd Shipping Part-time MBA for executives of the maritime sector taught in Hamburg, Athens/Pireaus, London and Dubai MBA

2 EXCELLENCE COMMITMENT FAIRNESS OUR VALUES. YOUR SUCCESS. 2 Contents About us 3 Study course overview 4 Course structure 6 Course contents 7 Course organisation 8 Faculty and associate lecturers 9 Studying at HSBA 10 Studying abroad 12 Course fees and funding 13 Application and admission 14 Contact 15 Photo: Ingo Boelter

3 About us HSBA Hamburg School of Business Administration HSBA IS THE UNIVERSITY FOR BUSINESS in Hamburg. Founded in 2004 by Hamburg s Chamber of Commerce as a state-recognised third-level institution, it offers bachelor s and master s degrees in business as dual and part-time courses for more than 890 students. We are cooperating with more than 250 companies, which are actively involved in designing and developing our courses in order to ensure that they are constantly aligned with business needs. This means that HSBA graduates are perfectly prepared for the requirements of business and have excellent career opportunities. HSBA is strongly infl uenced by the model of the honourable merchant, whose entrepreneurial dealings lead to success in business while also assuming social responsibility. Accordingly, we signed the six Principles for Responsible Management Education (PRME) of the UN, which aim to train responsible future managers. HSBA summarises its actions under the motto of Excellence Commitment Fairness. Our Values. Your Success. Dual study programmes: B.Sc. Business Administration B.Sc. Business Informatics B.Sc. Logistics Management B.Sc. Maritime Management B.Sc. Media Management Part-time programmes: M.Sc. Global Management and Governance MBA Corporate Management MBA Shipping Executive MBA (EMBA) Cooperative doctoral programme (PhD/DBA) at Claussen-Simon Graduate Centre at HSBA High-quality education for specialists and executives, applied research and consulting round off HSBA s offering. Excellent ranking results, the course accreditations by the FIBAA (Foundation for International Business Administration Accreditation) as well as the institutional accreditation by the German Council of Science and Humanities testify to the high quality of our university. With our scientifi c approach, we would like to mould the students into ethical, cosmopolitan people with strong professional and methodological expertise and soft skills. In the cosmopolitan city of Hamburg with its global orientation, the focus is also on developing students international skills. With its master s degree programmes, HSBA provides a tailored offering for personnel development in companies. The high share of case studies ensures that the course prepares future managers for the diverse challenges they will face in business. Prof. Dr. Hans-Jörg Schmidt-Trenz, President of HSBA We offer our students excellent study conditions and give them the best career opportunities possible. A high level of organisational quality and the development of a global network are especially important to us. Dr. Uve Samuels, Managing Director of HSBA 3

4 Study course overview MBA Shipping THE MBA SHIPPING PROGRAMME is focused on business development in the Shipping industry and related sectors. The programme provides the students with the necessary knowledge, analytical skills and competences regarded as essential for extraordinary managerial performance in the maritime industry. The curriculum comprises thoughtprovoking lectures, state-of-the-art knowledge and discussions with business experts; this mix covers the needs of students aiming at a leading position in the industry. The full-time-week structure of the programme allows students to combine employment in locations worldwide with the MBA Shipping programme. Applicants without a university degree, yet with proven relevant experience in the industry (e.g. as Schifffahrtskaufmann), are welcome to apply. Our students This MBA course is geared towards executives with several years of professional experience with very diverse academic backgrounds but all working in the maritime sector. Due to the orga nisation of the programme, this MBA can be attended by students living or working abroad. Courses in Hamburg and abroad The marine and maritime industry is one of the most international industries in the world. Expecially in Shipping, it is crucial to have large and efficient networks. This is why HSBA decided to include visits to major shipping centres into the study programme. More specifically, the students will meet decision-makers not only in Hamburg but also in Athens/Piraeus, London and Dubai. Optional preparatory courses, company visits (port terminals and facilities, short sea voyages etc.) and general studies classes offered in other programmes are also available. Course organisation and duration On the regular track, the course lasts 24 months (six full-time lecture weeks per year). On the fast track, the programme can be studied intensively in 12 months (12 full-time lecture weeks per year). The course consists of 450 contact hours. Course fees and funding The course fees are EUR 17,500 for applications received prior to 31 May (otherwise EUR 20,000). The fees include lectures and exam fees, living and travel expenses are not covered. Tuition fees may be tax deductible. Scholarships are available. Number of student places per annum A maximum of 30 students are admitted per year. Necessary professional experience University graduates need at least two years of relevant professional experience after their graduation. Applicants without a university degree need at least six years of relevant professional experience to be admitted to the entrance exam. Language The course is taught and assessed in English. Workload On average, the MBA students should expect a Photo: Jana Tolle With its focus on Business Development in the maritime industry, the MBA Shipping is unique in Europe. Graduates of the programme have learned to think of the future and are prepared to meet the multi-faceted challenges of the sector. Prof. Dr. Orestis Schinas, Professor of Shipping, Course Head MBA Shipping, Head of the Maritime Business School at HSBA 4

5 Students on the MBA Shipping Class of 2015 weekly study workload of 10 to 15 hours. It is recommended that students talk with their employer about how to combine their study plans with their job before they commence their studies. Students with a German working contract can also take up to 15 days of further education leave during the course of the study programme. Qualification / degree Master of Business Administration with 60 ECTS. The study programme entitles students to proceed to doctoral studies. Accreditation The study programme is accredited by the FIBAA (Foundation for International Business Administration Accreditation). And as a higher education institution, HSBA has been accredited by the German Council of Science and Humanities. Key facts MBA Shipping Class of 2015 and 2016 Students: Nationalities: Age: Academic background: 23 (including 11 with an international background) Brasil, Canada, Chile, China, Colombia, Germany, Ireland, Italy, Mexico, Netherlands, Russia, Ukraine (Average: 34) Business Administration, economics, engineering, law, logistics management, mathematics, shipping and ship finance, students without a university degree 5

6 Course structure MBA Shipping Master s Thesis (Area of Choice, 15 ECTS) 7 Development Strategies (30 hrs, 3 ECTS) International Maritime Economics & Business Clusters Management (80 hrs, 5 ECTS, London, Dubai) (80 hrs, 5 ECTS, Athens, Hamburg) Ship Finance (40 hrs, 5 ECTS, Hamburg) Advanced Modules Management & Finance Maritime Business 1 (80 hrs, 10 ECTS, Hamburg) 2 (60 hrs, 7 ECTS, Hamburg) 3 Maritime Law & Insurance (80 hrs, 10 ECTS, Hamburg) Basic Modules Overview The curriculum is structured in seven modules: two modules focus on management issues; five modules cover topics of the maritime industry. The structure of the curriculum ensures, that students gain in-depth insights into modern management theory and the specific characteristics of the maritime industry. The main focus of the MBA Shipping is the development of new business in a constantly changing environment. Growth and change management strategies are of special importance in the global shipping industry. To get acquainted with the leading shipping markets, courses take place in Hamburg, London, Athens/Piraeus and Dubai. 9 of 12 full-time weeks are taught in Hamburg, whereas 3 full-time weeks are taught abroad. Basic modules Module 1: Management & Finance In Management & Finance the theoretical economical principles are laid down and topics such as Strategy, Corporate Finance, Network Optimization and Game Theory are taught. Additionally, the students gain advanced knowledge in the fields of strategy, marketing, human resources and organization as well as in leadership. The focus lies primarily on understanding the basic concepts as well as on their application in real business. Module 2: Maritime Business In Maritime Business students will gain advanced knowledge in the fields of Maritime Business, Chartering and Global Trade. Special attention is given to the assessment of political and regulative frameworks especially with regard to the IMO regulatory framework. The module is taught in Hamburg. 6

7 Course contents MBA Shipping Module 3: Maritime Law & Insurance This module is offered with the kind assistance and active support of the legal firm L2C Luecke & Partner in Hamburg. The students shall gain advanced knowledge in the fields of Maritime Law and Insurance with a focus on Carriage of Goods by Sea, Charterparties and their implications, Marine Insurance and Protection Schemes as well as Claims and practical implications. Photo: Michael Zapf Advanced modules Module 4: International Business Clusters In the module International Business Clusters students gain international experiences and get to know London and Dubai as leading global business centres. The focus of the module lies on Financial Issues (London), Business in Asia, Logistics and Intercultural Management (Dubai). Module 5: Maritime Economics & Management The module Maritime Economics & Management concentrates on market segments, the Acquisition of Tonnage, Quality and topics in the Digitalisation of the Maritime Industry. It takes place in Athens/ Piraeus and Hamburg. Module 6: Ship Finance The module Ship Finance combines questions from Ship Financing, Valuation (Bank Loans, Equity, Derivatives, etc.) as well as many innovative Case Studies. Module 7: Development Strategies The course aims to offer the students an integrated approach to the business development issues in the maritime industry. The goal is to get students to combine knowledge gained in other modules, to interactively examine successful business cases and to learn about best practices. MBA Thesis During the four-month thesis, students examine a topic in-depth in a piece of academic work. The topic can be from the student s professional experience. Seminar builiding of HSBA: Handelskammer InnovationsCampus (HKIC) 7

8 Course organisation MBA Shipping With its full-time week structure, the MBA Shipping is not only suitable for students from Hamburg, but also for non-local students, whether from Germany, Europe or the World. The programme management offers support in all matters relating to studies. Yasmin Guillén-Lange, Programme Manager MBA Shipping Oct Nov Feb Mar May Jun Dec Jan Apr May Aug Sep Development Strateg. Ship Management International Mgmt. International Mgmt. Marit. Law & Insur. Marit. Law & Insur. Year 2 Intern. Mar. Bus. Intern. Mar. Bus. Intro to Mar. Bus. General Management Intro to Mar. Bus. General Management Oct Nov Dec Jan Feb Mar Apr May May Jun Aug Sep Development Strateg. Ship Management Internat. Mar. Bus. Internat. Mar. Bus. International Mgmt. International Mgmt. Intro to Mar. Bus. General Management Marit. Law & Insur. Marit. Law & Insur. Intro to Mar. Bus. General Management Year 1 Year 1 Regular track: MBA in 2 years Fast track: MBA in 1 year Photo: Jana Tolle 8

9 Faculty and associate lecturers from academia and industry MORE THAN 20 LECTURERS from academia and industry are currently involved in teaching on the course. They come from a wide range of international backgrounds and have extensive professional experience. In order to always ensure the relevance and quality of the course contents, evaluations are performed on a regular basis. The following are just some of the lecturers: Prof. Dr.-Eng. Orestis Shinas Course Head Professor of Shipping at HSBA Maritime Policy Ship Management Development Strategies John Pachoulis Former President Hellenic Shipbroker Association International Maritime Business Prof. Dr. Alkis Henri Otto Professor of Economics at HSBA Economics Carsten Grau Attorney, L2C, Luecke & Partner Maritime Law & Insurance Prof. Dr. Sönke Hartmann Professor of Operations Research at HSBA Logistics and Networks Dr. Dirk Max Johns Managing Director, Verband Deutscher Reeder (German Shipowner s Association) Ship Finance I took the decision to join the programme because of its international character and its practice-oriented teaching concept. In particular, I learned a lot from the case studies and the lectures in maritime centres abroad. Svante Matthias Fink, Sales Manager & QM at Alphatron Marine Deutschland GmbH, MBA Shipping Class of

10 Studying at HSBA Basic principles and characteristics Photo: Stefan Malzkorn we attach a great deal of importance when selecting our teaching staff to the interplay of academic excellence and many years of professional experience in well-known companies. Learn theory and methods Discuss and understand Apply in company Reflect theory Employability approach HSBA s study programmes are geared to the needs of practice and open up excellent career opportunities. Our graduates have a solid basis in business administration and are quickly in a position to respond to professional change. Value approach Excellence Commitment Fairness. Our Values. Your Success. HSBA is designed on the basis of this overarching motto. In our guiding principles, we have undertaken to observe the values and the model of the honourable merchant. Issues concerning business ethics are incorporated in the study programmes as an overlapping topic. Duality approach HSBA s academic approach follows the fundamental principle of duality: combining a challenging theoretical study programme with practical professional experience. Students acquire knowledge and methodological skills in the lectures and apply these in practice. Based on the experiences at the company, the knowledge acquired is then discussed, reflected upon and continuously expanded on in the lectures. In order to ensure the sustained transfer of scientific theory to company practice, International approach Internationality is an essential component of a balanced course offering, particularly in Hamburg, a city that sees it self as the gateway to the world. HSBA considers the international nature of the course contents to be vital, offering a wide range of study programmes and events in English as well as encouraging study abroad. The share of international students on our master s programmes is 35 per cent on average, with more and more exchange students coming to study at HSBA. 10

11 Studying at HSBA Basic principles and characteristics Network approach HSBA maintains close connections with a large number of institutions in Hamburg and around the world. Our partner companies are at the core of our strong corporate network, flanked by the association of friends and sponsors of HSBA, the HSBA Alumni Association and our international partner universities. Excellent study conditions The bright and friendly atmosphere of our campus provides students with the best conditions for learning. Our study groups with generally no more than 30 participants facilitate productive discussions and work. All of the (compulsory) literature, databases and journals relevant are available in the HSBA library. Students benefit from the location of HSBA in the heart of the city, directly adjacent to the city hall, the Chamber of Commerce with the Commerzbibliothek and the ZBW [German National Library of Economics]. Studying in Hamburg As a seaport, Hamburg is an important location for logistics and foreign trade as well as a leading financial centre in Germany. It is also home to many advertising and multimedia agencies, media companies and cultural institutions. In addition, Hamburg is synonymous with aircraft and vehicle construction and is an important location for the health sector and has a well-developed basic industry. This mix of economic potential and a good quality of life makes Hamburg one of Europe s most dynamic business regions. With the Inner Alster lake in the centre of the city, countless parks and green spaces, its proximity to two oceans, a large range of diverse leisure activities and excellent shopping areas, Hamburg is one of the top ten city destinations in Europe and a popular place to live and study. The high quality of life is also due to the fact that Hamburg is one of the safest cities in the world. Photo: Karin Rose 11

12 Study trips to Athens, Piraeus, London and Dubai MBA Shipping Class of 2013 visiting the London Stock Exchange Photo: Svante Fink Photo: Svante Fink MBA Shipping Class of 2013 visiting Dubai 12

13 Course fees and funding Special offerings for students and companies Course fees The course fees are EUR 17,500 for the 24-month programme including exam fees for applications received prior to 31 May (i.e. including an early bird discount of 12.5 percent otherwise EUR 20,000). The course fees include networking events as well as participation in extracurricular events. Living and travel expenses are not covered. Tuition fees may be tax deductible. Scholarships and funding programmes HSBA also awards several full and part scholarships each year to cover the course fees (for example together with the VDR (Verband Deutscher Reeder: The German Shipowners Association), and the Verein der Freunde und Förderer der HSBA (association of friends and sponsors of HSBA). The funding is awarded to particularly gifted applicants who qualify for fi nancial assistance. Only the scholarship of HSBA and the German Shipowners association has allowed me to join the MBA Shipping programme. I very much enjoyed the unique group experience in this multinational group. Irene Wieja, MBA Shipping Class of 2014 Financial assistance amounting to between 25 and 50 per cent and in individual cases even 100 per cent of the course fees can be awarded. Student loans are also available with special terms and conditions from banks cooperating with HSBA. More information on scholarships and funding is available on Assistance from the employer The study programme is designed to train students for management tasks in companies and to lay the foundations for a successful professional future. This is attractive to students and companies alike, which is why many employers support their employees both in fi nancial terms and by granting additional free time for the MBA programme. The network provided by the MBA Shipping is a great benefi t of the programme. The variety of nationalities and the professional backgrounds of the participants creates the perfect condition for learning and broadening one s horizons. Sebastian Kewitsch, NAVES Corporate Finance GmbH, MBA Shipping Class of

14 Application and admission MBA Shipping HSBA admission process Applications can be submitted at any time. Because HSBA awards a limited number of study places each year, we recommend that applications are submitted as early as possible. Admission requirements Two years of management experience. Ability to complete a course of studies in English (minimum level: B2 of the European Framework of Reference). Academic requirements - A completed third-level degree covering 240 ECTS credits and the minimum grade good. or - a degree covering 210 (180) ECTS credits with the minimum grade good supplemented by one (two) additional year(s) of professional experience or third-level training. or - passing the Entrance Exam: Applicants without a completed third-level degree but with at least six* years of relevant professional experience (e.g. Schifffahrtskaufmann) are admitted under certain conditions and can be accepted onto the entrance exam. The entrance exam comprises a written paper, a 30-minute oral exam and a two-hour written exam. The written paper deals with a management topic. The paper must be 10 to 15 pages long and has to be submitted within four weeks. The entrance exam takes place after the Admission Day. How to apply Step 1: Written application Applications for the course must be made in writing (via preferred). Applications must include: Letter of motivation CV Copies of certificates including transcript of records and diploma supplement Letter of recommendation from a current or former employer or an academic reference. Step 2: Telephone interview After reviewing the documents, a 30-minute telephone interview takes place to discuss the student s motivation and qualifications. Step 3: Admission day Admission day runs for one day and involves an indepth assessment of the applicant s personal and academic suitability. It takes place once a month in Hamburg and is held in English. Step 4: Acceptance The applicant is informed in writing of the vote by the admission board. If there are still places available, a study contract is offered. If there are no places left, a place for the following year is offered. Step 5: Signing the contract A place is reserved on the course for the applicant after he/she has signed the contract. Other documents Proof of health insurance and a valid visa must be presented when starting the course. Written application Telephone interview Admission Day Acceptance Signing the contract 14

15 Contact person MBA Shipping Your contact person for applications Anna Beek Master Advisor & International Office HSBA Hamburg School of Business Administration Alter Wall Hamburg Germany Telephone: Telefax: Internet: Supporting institutions Companies cooperating with HSBA (selection of more than 250 companies) 15

16 HSBA is the university for business in the city of Hamburg. Founded in 2004 by Hamburg s Chamber of Commerce, today HSBA cooperates with more than 250 companies. As a state-recognised thirdlevel institution, it offers a wide range of bachelor s and master s degrees in business as dual and part-time courses for more than 850 students. A cooperative doctoral programme, high-quality further education for specialists and executives, applied research and consulting round off HSBA s offering. Dual bachelor s degrees B.Sc. Business Administration B.Sc. Business Informatics B.Sc. Logistics Management B.Sc. Maritime Management B.Sc. Media Management Part-time programmes M.Sc. Global Management and Governance MBA Corporate Management MBA Shipping Executive MBA (EMBA) Cooperative doctoral programme (PhD/DBA) HSBA Hamburg School of Business Administration Alter Wall Hamburg T: +49 (0) F: +49 (0) E: info@hsba.de facebook.com/hsba.hamburg xing.to/hsba EXCELLENCE COMMITMENT FAIRNESS OUR VALUES. YOUR SUCCESS. As of November 2015 Photos cover page 4: Stefan Malzkorn (left, centre right), Andreas Ahnefeld (centre left), Karin Rose (right)

photo: hapag-lloyd Shipping MBA Part-time MBA degree for executives of the maritime sector taught in Hamburg, Athens/Pireaus, London and Dubai

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