Master of International Finance & Banking (Dual Degree)

N/A

Course Details

CategoryDetails
TimeFull Time
CampusUrban
Duration1.5
Deadline-Datetbc,31-May,
Fee Per Year8272
Application Fee170
Currencyeuro
Intake Linkhttps://ba.lu.lv/en/admission/study-programmes/translate-to-anglu-magistra-limena-studijas/
Deadline Linkhttps://ba.lu.lv/en/admission/study-programmes/translate-to-anglu-magistra-limena-studijas/
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 programStudents in a dual-degree program acquire advanced knowledge of international finance, banking and global financial markets. They are ready to take on leadership positions in multinational banks, financial institutions, investment firms and corporate finance with the skills needed to manage cross-border financial activities and make strategic decisions in the global economy.
Program entry requirementBachelor’s degree or equivalent
Required GPAThe overall grades attained in a bachelor's degree must be a minimum of 60%.
GRE RequiredN/A
GMAT RequiredN/A
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 accreditationN/A
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 program in International Finance and Banking?

To be eligible for the Master's program in International Finance and Banking, applicants must have a Bachelor's degree in Finance, Accounting, Economics, Business Administration, Management, or a related field. Technical degrees such as Mathematics, Statistics, or Engineering are also accepted if they include finance or economics coursework. Additionally, the overall grades attained in a bachelor's degree must be a minimum of 60%.

How much is the tuition fee for the Master's program in International Finance and Banking?

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

What is the application process for international students applying to this program?

The application process for international students includes the following steps: Choose a university and study program, check the admission requirements and deadlines, prepare the required documents (including a passport, academic transcripts, English language test results, SOP, and CV), submit your application through the university's online portal, pay the application fee (if applicable), accept the admission offer, pay the tuition fee or enrollment deposit, and apply for a Latvia student visa or residence permit (if required).

What are the living costs associated with studying in Latvia?

The average living costs in Latvia range from €450 to €700 per month. This includes accommodation at the university (€70–120), rent for a private flat (€100–350), monthly utilities (€115–185), groceries and meals (€120–250), and a public transport pass (€10–16) each month.

Are international students allowed to work while studying in Latvia?

Yes, international students in Latvia can work part-time while studying. Bachelor's students may 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 on work. Average pay for part-time work typically ranges from €400 to €600 per month.

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