Master of Business Administration in Finance

EKA University of Applied Sciences
Business Administration in Finance
Masters
Business & Management
Private University
Latvia

N/A

Course Details

Category	Details
Time	Full Time
Campus	Urban
Duration	2
Deadline-Date	tbc,tbc,
Fee Per Year	3200
Application Fee
Currency	euro
Intake Link	https://www.augstskola.lv/?parent=1821&lng=lva
Deadline Link	https://www.augstskola.lv/?parent=1821&lng=lva
Intakes	February
Program language requirement	IELTS 5.5-6.0,TOEFL iBT ≥ 72,TOEFL PBT ≥ 513,Cambridge certificates (FCE/CAE/CPE) ≥ 160,TOEIC ≥ 605,Duolingo ≥ 100

Who can Choose this program?

Bachelor’s degree in any discipline – Business, Economics, Finance, Engineering, Humanities, Law, etc. All fields are accepted.

Additional Information

Category	Details
Scope of the program	Master of Business Administration in Finance Graduates develop advanced expertise in financial management, investment analysis, corporate finance, and strategic decision-making. They are prepared for leadership roles in banking, investment firms, financial consulting, corporate finance, and multinational organisations, driving financial growth and organisational success.
Program entry requirement	Bachelor’s degree or equivalent recognised diploma.
Required GPA	The overall grades attained in a bachelor's degree must be a minimum of 60%.
GRE Required	N/A
GMAT Required	N/A
Application Process	Application 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 Scholarships	https://studyabroadupdates.com/scholarships/
Program accreditation	N/A
Living expenses	Living 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 Details	1. 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 timework	Part-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 opportunity	Post-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 Business Administration in Finance program?

The admission requirements include a Bachelor's degree or equivalent recognized diploma, with overall grades of at least 60%. English language proficiency is also necessary, with acceptable scores in tests such as IELTS (5.5-6.0), TOEFL, or Cambridge certificates.

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

The tuition fee for the Master's in Business Administration in Finance program is €3,200 per year.

What are the living expenses for students in Latvia?

Living expenses in Latvia vary but typically range between €450 and €700 per month. This covers rent, food, and transit, with accommodation costs ranging from €70 to €350 per month depending on the type of housing.

Can international students work while studying in Latvia?

Yes, international students can work 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. There are no hour restrictions for Master's and PhD students.

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

Graduates are granted a 4-month job-seeking period after completing their studies. They can convert their status to a Temporary Residence Permit based on employment once they secure a job relevant to their degree, and working legally for 5 continuous years qualifies them to apply for Permanent Residency.