International Finance and Economics in Latvia

The Master's programme in International Finance and Economics is crafted for professionals aiming to enhance and modernize their knowledge in this field. It's suitable for specialists seeking to develop advanced analytical skills in Finance Management through the use of modern technologies, and for graduates desiring a specialization in International Finance.

International Finance and Economics, master’s – 1-1.5years, 3600 €/year

Programme Content

  • Monetary Theory and Policy: Understanding the functions and impacts of monetary systems and policies.
  • Global Economy and International Finance: Exploring the dynamics of the global economy and international financial markets.
  • Corporate Financial Management and Risk Analysis: Gaining expertise in managing corporate finances and assessing financial risks.
  • Innovation Finance: Learning about financing innovations and entrepreneurial ventures.
  • Data Analysis and Business Modelling: Using data analysis techniques and business models to solve financial problems.
  • Econometrics: Applying statistical methods to economic data for forecasting and analysis.
  • Social Responsibility and Business Ethics: Understanding ethical considerations and social responsibility in business practices.
  • Developing a Master's Thesis: Conducting research and writing a thesis on a relevant topic in International Finance and Economics.

Advantages in studies in Latvia

Among popular study programs in Latvia are Information Technology, Engineering, Business Administration, and Philology. These programs are highly regarded and attract a large number of international students. With our help, you can study on one of the above-mentioned programs.
Advantages of Studying in Latvia

European degrees are internationally recognized. Studying in Latvia will benefit students by providing a European Degree in the desired course along with specialization. Latvian universities offer modern facilities, distant learning options, libraries, and exchange programs. Students get knowledge from highly qualified experts and professionals. Students are allowed to do part-time jobs for up to 20 hours per week, earning up to €400-€500 per month. Some universities also provide internship programs to boost practical skills. Studying in Latvia will not only help you get a European Degree but also give exposure to international students from across the globe. This multicultural setting offers endless opportunities for cultural exchange and making lifelong friends. Latvia is full of scenic beauties such as forests, beaches, and landscapes worth visiting. The capital city, Riga, is famous for its historic architecture and vibrant culture.

Higher Educational System

Latvia's higher education system follows the Bologna Process, offering three main cycles: Bachelor's (3-4 years), Master's (1.5-2 years), and Doctoral (3-4 years). The academic year is divided into two semesters: the autumn semester (September to January) and the spring semester (February to June). The grading system typically uses a scale from 1 (very poor) to 10 (excellent). Average annual tuition fees range between €2,500 to €7,0004. The examination session lasts 2-3 weeks at the end of each semester.

Cost of Living

The cost of living for students in Latvia is relatively affordable. Monthly expenses, including accommodation, food, transportation, and entertainment, range from €500 to €800. Renting a student dormitory costs around €100-€250 per month, while private accommodation can range from €300-€600. Public transportation is also affordable, with monthly passes costing around €15-€20.

Latvia is a great country for young people looking for highly qualified education.

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