Master of International Finance & Banking (Dual Degree)

The BA School of Business and Finance
International Finance & Banking (Dual Degree)
Masters
Business & Management
Private College
Latvia

Course Details

Category	Details
Time	Full Time
Campus	Urban
Duration	1.5
Deadline-Date	tbc,31-May,
Fee Per Year	8272
Application Fee	170
Currency	euro
Intake Link
Deadline Link
Intakes	February
Program language requirement

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

Category	Details
Scope of the program
Program entry requirement	Bachelor’s degree or equivalent
Required GPA	The overall grades attained in a bachelor's degree must be a minimum of 60%.
GRE Required
GMAT 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
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 MBA in International Finance and Banking program?

To apply for the MBA in International Finance and Banking program, you need a Bachelor's degree in Finance, Accounting, Economics, Business Administration, Management, or a related field. Technical degrees such as Mathematics, Statistics, or Engineering are also accepted if they include finance or economics coursework. An overall GPA of at least 60% in your bachelor's degree is required.

What is the cost of studying the MBA in International Finance and Banking in Latvia?

The tuition fee for the MBA in International Finance and Banking program is €8,272 per year. Additionally, there is an application fee of €170 that must be paid during the application process.

Can international students work while studying in Latvia?

Yes, international students can work part-time in Latvia. Master's and PhD students have no hourly restrictions, while Bachelor's students can work up to 20 hours per week during semesters and 40 hours per week during holidays. The average pay ranges from €400 to €600 per month, depending on the city and sector.

What are the living expenses for students in Latvia?

The estimated living costs in Latvia range between €450 and €700 per month. This includes accommodation at the university costing €70-120 per month, rent for a private flat costing €100-350 per month, and other monthly expenses like utilities, groceries, public transport, and meals.

What is the post-study work opportunity for graduates in Latvia?

Upon graduation, international students are granted a job-seeking period of 4 months for Bachelor's and Master's graduates, and up to 9 months for PhD holders. After securing a relevant job contract, students can convert their status into a Temporary Residence Permit based on employment. Working legally for 5 continuous years on a residency permit qualifies individuals to apply for Permanent Residency.