Master of International Finance & Banking (Dual Degree)

The Master of International Finance & Banking (Dual Degree) at the BA School of Business and Finance is an advanced program focused on international finance, banking, financial markets, investment, risk management, and global financial decision-making. The dual-degree structure provides students with an international academic perspective and the opportunity to earn qualifications associated with partner institutions.

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 requirementEnglish at B2 level

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 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 delivered within Latvia's accredited higher-education system and aligned with European higher-education standards. As a dual-degree program, the specific accreditation and recognition of each awarded qualification depend on the participating partner institutions.
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 is the duration of the Master of International Finance & Banking program?

The duration of the Master of International Finance & Banking program is 1.5 years.

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

Applicants need to hold a Bachelor's degree or equivalent in fields such as Finance, Accounting, Economics, Business Administration, Management, or a related area. The overall grades attained in the bachelor's degree must be a minimum of 60%.

Is the IELTS score required for admission to the program?

An English language requirement of at least B2 level is necessary for admission to the program, but specific IELTS scores are not detailed.

What are the estimated living expenses in Latvia for students?

The estimated living expenses range between 450 and 700 EUR per month, covering accommodation, utilities, groceries, meals, and public transport.

Are there any scholarships available for this program?

Yes, there are scholarships available for international students. More information about available scholarships can be found at the provided link.

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