Bachelor of Business Management in International Economics

The Bachelor of Business Management in International Economics at RÄ“zekne Academy of Technologies is a bachelor’s program focused on international trade, economics, business management, finance, and global markets. The program develops analytical and managerial skills needed to understand international economic relationships and operate businesses in an increasingly globalized environment.

Course Details

CategoryDetails
TimeFull Time
CampusRēzekne
Duration3
Deadline-Date1-July,
Fee Per Year3460
Application Fee100
CurrencyEuro
Intake Linkhttps://www.rtu.lv/lv/rezekne/gribu-studet-rezekne/uznemsana-12
Deadline Linkhttps://www.rtu.lv/lv/rezekne/gribu-studet-rezekne/uznemsana-12
IntakesSeptember
Program language requirementEnglish language knowledge of at least B1 level

Who can Choose this program?

Higher Secondary School Certificate (HSSC) – F.Sc, F.A, I.Com, or ICS (all streams are generally accepted for business).

Additional Information

CategoryDetails
Scope of the programGraduates can pursue careers as Economic Analysts, Business Managers, International Business Specialists, Trade Specialists, Financial Analysts, Market Researchers, Business Development Specialists, and Management Consultants. Employment opportunities are available in international companies, banks, government institutions, consulting firms, financial organizations, trading companies, and NGOs.
Program entry requirementComplete secondary education (high school diploma or equivalent) and provide legally certified copies & translations if required for academic recognition.
Required GPAThe students must have completed a Higher Secondary School Diploma with passing grades of at least 60% in each subject.
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 the European Qualifications Framework (EQF), supporting international recognition of the qualification.
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 Bachelor of Business Management in International Economics?

The admission requirements include completing secondary education with a Higher Secondary School Diploma (HSSC) and providing legally certified copies and translations if required for academic recognition. Students must have passing grades of at least 60% in each subject.

Is there an application fee for the program?

Yes, there is an application fee of 100 Euros that must be paid during the application process.

What is the duration and structure of the program?

The program has a duration of 3 years and typically includes courses in international economics, microeconomics, macroeconomics, international trade, finance, accounting, marketing, business management, economic policy, statistics, research methods, and entrepreneurship. Students also complete practical training and a bachelor's thesis.

What are the living expenses for students in Latvia?

The estimated living costs in Latvia range between 450 and 700 Euros per month. This includes accommodation, groceries, utilities, and public transport costs.

What opportunities are available after graduating from this program?

Graduates can pursue careers as Economic Analysts, Business Managers, International Business Specialists, Trade Specialists, Financial Analysts, Market Researchers, Business Development Specialists, and Management Consultants, with employment opportunities in various sectors including international companies, banks, government institutions, and NGOs.

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