Master of International Business

University of Latvia
International Business
Masters
Business & Management
Public University
Latvia

The Master of International Business at the University of Latvia is a postgraduate program focused on international management, global markets, business strategy, finance, marketing, and cross-cultural management. The program develops advanced skills for managing organizations and making strategic decisions in international business environments.

Course Details

Category	Details
Time	Full Time
Campus	Riga
Duration	2
Deadline-Date	18-June,
Fee Per Year	3200
Application Fee	170
Currency	Euro
Intake Link	https://www.lu.lv/gribustudet/gribu-studet/
Deadline Link	https://www.lu.lv/gribustudet/gribu-studet/
Intakes	September
Program language requirement	TOEFL iBT at least 80,TOEFL Essential at least 9,IELTS Academic at least 6.0

Who can Choose this program?

Bachelor’s degree in Economics, Business, Management, International Relations, Finance, Marketing, or a related field.

Additional Information

Category	Details
Scope of the program	Graduates can pursue careers as International Business Managers, Business Development Managers, Management Consultants, International Marketing Managers, Export Managers, Project Managers, Business Analysts, and Strategy Specialists. Employment opportunities are available in multinational corporations, consulting firms, banks, trading companies, technology businesses, government institutions, and international organizations.
Program entry requirement	Applicants must have completed secondary education (high‑school diploma or equivalent) and submit certified copies + certified English translations of diplomas/transcripts. Recognition of foreign education is required (diplomas must be legalized).
Required GPA	The overall grades attained in a bachelor's degree must be a minimum of 60%.
GRE Required	GRE is not required
GMAT Required	GMAT is not required
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	The program is offered within Latvia's accredited higher-education system and follows European higher-education standards. The University of Latvia's specific accreditation and study-program status should be verified for the relevant admission year.
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 is the duration of the Master's in International Business program at the University of Latvia?

The duration of the Master's in International Business program at the University of Latvia is 2 years.

What are the application requirements for the Master's program?

Applicants must have completed secondary education (high-school diploma or equivalent) and submit certified copies, along with certified English translations of diplomas and transcripts. Recognition of foreign education is required, and the overall grades attained in a bachelor's degree must be a minimum of 60%.

Is the GRE or GMAT required for admission to the Master's program?

No, the GRE and GMAT are not required for admission to the Master's in International Business program.

What are the English language requirements for this program?

The program requires a TOEFL iBT score of at least 80, a TOEFL Essential score of at least 9, or an IELTS Academic score of at least 6.0.

What are the living expenses for students in Latvia?

The average living expenses in Latvia range between 450 and 700 EUR per month. This includes accommodation, utilities, groceries, meals, and transportation costs.