Master of Entrepreneurship & Management

The Master of Entrepreneurship & Management at Riga Technical University is an advanced program focused on entrepreneurship, strategic management, innovation, business development, and organizational leadership. The program develops the analytical, managerial, and entrepreneurial skills needed to create, manage, and grow businesses in competitive markets.

Course Details

CategoryDetails
TimeFull Time
CampusRiga
Duration2
Deadline-Date1-October,1-May,
Fee Per Year3700
Application Fee150
CurrencyEuro
Intake Linkhttps://www.rtu.lv/lv/studijas/uznemsana
Deadline Linkhttps://www.rtu.lv/lv/studijas/uznemsana
IntakesJanuary
Program language requirementTOEFL iBT 72,TOEFL paper based 532,IELTS 5.5,TOEIC 780,Cambridge English B2 First( Pass),Pearson PTE 59,Duolingo 100

Who can Choose this program?

Bachelor’s degree In Business Administration, Management, Economics, Maritime Transport, Logistics, or a related field

Additional Information

CategoryDetails
Scope of the programGraduates can pursue careers as Entrepreneurs, Business Development Managers, Strategic Managers, Innovation Managers, Project Managers, Operations Managers, Management Consultants, Business Analysts, and Startup Advisors. Employment opportunities are available in startups, SMEs, multinational companies, consulting firms, financial institutions, and business-support organizations.
Program entry requirementMust hold a Bachelor’s degree (or equivalent) with transcript from a recognised institution.
Required GPAThe overall grades attained in a bachelor's degree must be a minimum of 60%.
GRE RequiredGRE is not required
GMAT RequiredGMAT is not 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 accreditationThe program is accredited in Latvia and aligned with the Latvian Qualifications Framework (LQF) and European Qualifications Framework (EQF), supporting recognition of the qualification within Europe.
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 Entrepreneurship & Management at Riga Technical University?

To be eligible for the Master's program, applicants must hold a Bachelor's degree (or equivalent) with a minimum GPA of 60% from a recognized institution. They also need to provide a transcript and meet the English language proficiency requirements.

How much does the Master's program in Entrepreneurship & Management cost?

The fee for the Master's program is €3,700 per year. Additionally, there is an application fee of €150.

What is the duration of the Master's program in Entrepreneurship & Management?

The Master's program typically has a duration of 2 years.

Can international students work while studying for a Master's degree in Latvia?

Yes, international Master's students have no hourly restrictions on work during their studies. They can work without limits on the number of hours.

What are the post-study work opportunities for graduates of the Master's program?

Upon graduation, international students can benefit from a 4-month job-seeking period. If they secure a job related to their degree, they can convert their status to a Temporary Residence Permit based on employment, and after 5 years of working legally, they may apply for Permanent Residency.

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