Master of International Finance & Banking (Dual Degree)

Course Details

CategoryDetails
TimeFull Time
CampusUrban
Duration1.5
Deadline-Datetbc,31-May,
Fee Per Year8272
Application Fee170
Currencyeuro
Intake Link
Deadline Link
IntakesFebruary
Program language requirement

Who can Choose this program?

Bachelor’s degree in Finance, Accounting, Economics, Business Administration, Management, or a related field. Technical degrees (Mathematics, Statistics, Engineering) are also accepted if they include finance/economics coursework.

Additional Information

CategoryDetails
Scope of the program
Program entry requirementBachelor’s degree or equivalent
Required GPAThe overall grades attained in a bachelor's degree must be a minimum of 60%.
GRE Required
GMAT Required
Application ProcessApplication Process in Latvia for International Students 1. Choose a university and study program. 2. Check the admission requirements and application deadlines. 3. Prepare the required documents (passport, academic transcripts, English language test results, SOP, CV, and other supporting documents). 4. Submit your application through the university's online application portal. 5. Pay the application fee (if applicable). 6. Receive and accept the admission offer. 7. Pay the tuition fee or enrollment deposit. 8. Apply for a Latvia student visa or residence permit (if required). 9. Travel to Latvia and complete your university registration after arrival.
Available Scholarshipshttps://studyabroadupdates.com/scholarships/
Program accreditation
Living expensesLiving Costs in Latvia The amount of money you need each month to pay for rent, food, and transit is between 450 and 700 EUR. The average cost of living in Latvia is broken down as follows: 1. Accommodation at the university: 70–120 EUR per month 2. Rent (private flat): EUR 100–350 per month 3. Monthly utilities: between 115 and 185 euros 4. groceries and meals: 120–250 EUR per month 5. public transport pass: 10–16 EUR each month
Visa Process Details1. Passport: Valid passport with old ones if available (Mandatory). 2. CNIC / B-Form / FRC: ID and family relation documents (Mandatory). 3. Photographs: Biometric/passport-sized photo (Mandatory). 4. Offer Letter: Official unconditional admission letter (Mandatory). 5. Tuition Fee Receipt: Deposit, payment, or scholarship proof (Mandatory/Conditional). 6. Academic Documents: Transcripts and degrees with attestations (Mandatory). 7. Language Certificate: IELTS, TOEFL, or language proof (Conditional). 8. CV / Resume: Updated resume with gap details (Mandatory/Conditional). 9. SOP / Motivation Letter: Study plan and home ties explanation (Mandatory/Conditional). 10. Financial Documents: Bank statements, income, and funds proof (Mandatory). 11. Sponsor Documents: Sponsor ID, relation, affidavit, and income proof (Conditional). 12. Accommodation Proof: Housing booking or address (Mandatory/Conditional). 13. Insurance: Travel/health insurance (Mandatory/Conditional). 14. Police Certificate: Character certificate if required (Conditional). 15. Medical Certificate: Medical/TB/polio clear certificate (Conditional). 16. Translations / Legalization: Certified translations or attestations (Conditional). 17. Previous Refusals: Refusal letters with explanations (Mandatory if applicable). 18. Travel History: Visas, stamps, and travel proof (Conditional). 19. Family / Home Ties: Property, business, or family return proof (Recommended). 20. Country-Specific: University invitation or approval details (Country-specific). 21. Country-Specific: Proof of accommodation in Latvia (Country-specific). 22. Country-Specific: Health insurance and legalization/translation (Country-specific).
Part timeworkPart-Time Work in Latvia • Hours: Bachelor’s students can work up to 20 hours per week during semesters and 40 hours per week during holidays. Master's and PhD students have no hourly restrictions. • Average Pay: Typically ranges from €400 to €600 per month depending on the city and sector. The official national minimum wage stands at €780 per month. • Common Fields: Delivery platforms (Bolt/Wolt), international call centers, retail, hospitality, and corporate IT/business internships.
Post-study work opportunityPost-Study Work Opportunities • Stay-Back Window: Upon graduation, international students are granted a job-seeking buffer period: 4 months for Bachelor's and Master's graduates, and up to 9 months for PhD holders. • Full Work Permit: Once you secure an official job contract relevant to your degree, you can convert your status into a standard Temporary Residence Permit (TRP) based on employment. • Path to PR: Working legally on a residency permit for 5 continuous years qualifies you to apply for Permanent Residency (PR).

What are the admission requirements for the Master's in International Finance and Banking program?

The admission requirements for the Master's in International Finance and Banking program include holding a Bachelor's degree or equivalent. Additionally, students must have attained a minimum overall grade of 60% in their Bachelor's degree.

How much is the tuition fee for the Master's program and what is the application fee?

The tuition fee for the Master's in International Finance and Banking program is 8,272 EUR per year. The application fee is 170 EUR.

Can international students work while studying in Latvia?

Yes, international students can work part-time while studying in Latvia. Bachelor's students are allowed to work up to 20 hours per week during semesters and 40 hours per week during holidays. Master's and PhD students do not have hourly restrictions.

What are the living expenses for students in Latvia?

The average monthly living expenses for students in Latvia range between 450 and 700 EUR. This includes accommodation, utilities, groceries, meals, and public transport costs.

What post-study work opportunities are available for international graduates in Latvia?

Upon graduation, international students are granted a job-seeking buffer period of 4 months for Bachelor's and Master's graduates, and up to 9 months for PhD holders. After securing an official job contract, students can convert their status into a Temporary Residence Permit based on employment.

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