Master of Law & Finance

The Master of Law & Finance at Riga Graduate School of Law is an interdisciplinary master’s program combining advanced legal studies with finance and financial regulation. The program develops expertise in financial markets, banking, corporate finance, investment, and the legal frameworks governing financial institutions and transactions.

Course Details

CategoryDetails
TimeFull Time
CampusRiga
Duration1
Deadline-Datetbc,21-July,
Fee Per Year6500
Application Fee
CurrencyEuro
Intake Linkhttps://www.rgsl.edu.lv/study/international-students
Deadline Linkhttps://www.rgsl.edu.lv/study/international-students
IntakesJanuary
Program language requirementTOEFL iBT 72(550 paper,213 computer),TOEFL Essential 8,IELTS 5.5,Cambridge CPE/CAE/FCE, levels as per CEFR,PTE 51,LanguageCert ESOL B2 Communicator

Who can Choose this program?

Bachelor’s Degree in one of the following (or equivalent): Law (LL.B) – strongly preferred Finance, Economics, or Business Administration (with demonstrable interest or complementary coursework in law) European Union studies (with significant legal or economic modules)

Additional Information

CategoryDetails
Scope of the programGraduates can pursue careers as Financial Legal Advisors, Banking and Finance Lawyers, Compliance Specialists, Financial Regulation Analysts, Corporate Legal Advisors, Risk and Regulatory Consultants, Investment Legal Specialists, and Policy Advisors. Employment opportunities are available in law firms, banks, investment companies, financial institutions, regulatory authorities, consulting firms, and international organizations.
Program entry requirementMust hold a Bachelor’s degree (or equivalent) in law or a related field.
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 the 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 is the duration of the Master of Law & Finance program at Riga Graduate School of Law?

The duration of the Master of Law & Finance program is 1 year.

What are the language requirements for the Master of Law & Finance program?

Applicants must provide proof of English language proficiency, which can be demonstrated through TOEFL iBT (minimum score 72), IELTS (minimum score 5.5), or other equivalent qualifications.

What are the application deadlines for international students?

The application deadline for international students is yet to be confirmed, but it is tentatively set for July 21. It is advisable to check the official website for updates.

What are the living expenses for students in Latvia?

The average living costs in Latvia range between 450 and 700 EUR per month, covering expenses such as accommodation, utilities, groceries, and public transport.

Are there any scholarships available for the Master of Law & Finance program?

Yes, there are available scholarships for students. More information can be found on the scholarship section of the website.

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