Head to head
HHL Leipzig Graduate School of Management vs TUM School of Management
The HHL Leipzig Graduate School of Management and TUM School of Management Master in Management programs, compared side by side on the numbers that decide it — ranking, fees, salary, selectivity and class profile.
HHL Leipzig Graduate School of Management
TUM School of Management
FT ranking 2025
#46
#54
QS ranking 2025
—
#28
Tuition
€38,500 (total programme)
€97/semester (EU) + €4,000/semester tuition for non-EU students
Median salary
$134k
$117k
Employment rate
89%
84%
GMAT range
—
—
Duration
21–24 months
24 months
Class size
—
—
Average age
24
—
International
—
46%
Female
—
—
Location
Leipzig, Germany
Munich, Germany
The short version
- On the Financial Times 2025 ranking, HHL Leipzig Graduate School of Management (#46) sits ahead of TUM School of Management (#54).
- On graduate salary, HHL Leipzig Graduate School of Management leads at $134k.
- On tuition, TUM School of Management is the more affordable option at €97/semester (EU) + €4,000/semester tuition for non-EU students.
Rankings and salary are only part of the decision — fit with your target career, location, language, and cost of living usually matter more. Read each program in full before deciding.