Introduction: MBA in Latvia grabbing all the attention in the world as a destination for aspirants who want a master’s degree from abroad. Latvia is the located in the Northern Europe, and just alongside with the shores of the Baltic Sea and the Gulf of Riga.
Latvia is the one of the strongest economy in the European region and has very high ranking on the Human Development index. History has it, the economy got boost from industrialization in the starting from 19th centaury which later got diversified into Fishing, Agriculture, Manufacturing, Power & Energy and engineering works.
The wealth generated with multi-industries is utilized to bring in the best universities and system in Latvia for higher programs. The government had made education free of cost till the age of 16 years. However, International students have to pay tuition fees for admission in university level programs.
Why choose MBA in Latvia?
The country has a great reputation for high standard of education and design of curriculum has latest updates. The teaching methods are superior in nature and accustomed to all types of students, anyone can adapt to learning at any pace.
The MBA course offered in the Latvia business schools comes with a wide variety of specialization like Finances, Human Resources, Marketing, Strategy, and Operations Management Et cetera.
There is a considerable low tuition fee as compared to Asian and European colleges. Adding cherry to the top the living cost in Latvia is also less expensive than its other counter parts.
Latvia can serve as a gateway to settle in Europe, with Latvian master’s degree, it will give you that extra edge to find employment across Europe over applicants coming from outside of EU.
Quality training facilities and experienced and elite teachers makes a great combination to nourish the learning need of the students. The dissemination of knowledge is not just theoretical but practical implementations of the skills learned are also focused.
What is duration of MBA in Latvia?
Most of the post graduation program in Latvia takes about 24 months to complete. Some programs may take a longer period of time depending upon the selected specialization.
Top MBA colleges in Latvia
| S No. | Name of Business School |
| 1 | Turiba Universty, Riga, Latvia |
| 2 | RISEBA Riga International School of Economics and Business Administration, Riga, Latvia |
| 3 | RTU Riga Technical University – RBS Riga Business School, Riga, Latvia |
| 4 | Stockholm School of Economics in Riga, Riga, Latvia |
MBA in Latvia Eligibility Criteria
The eligibility criteria depends upon the university where the admission is sort out by the student but as far as we have researched there are some common points that all the universities adhere to, which are as below.
- The applicant for MBA in Latvia must have completed a bachelor’s degree in any discipline from a recognized board with good grades.
- English language proficiency certificates programs like Pearson’s, EILTS or TOEFL scores are must for admission.
- Some Universities may also ask for work experience for 2 years and above at administration or management level with employer certification.
- Also some colleges may ask for entrance exam score card like GMAT or GRE. This criterion depends upon the university.
We also suggest that, being on safer side the students must check with the admission authorities of the college in Latvia.
Check out Top MBA colleges in India
https://careerstar.in/mba-colleges-in-india/
What is the cost of completing MBA in Latvia?
We can provide you with an estimation of tuition fees in Latvia; it may range €2000 EUR to €20000 EUR annually. In addition students have to spend separately on hostel or lodging with living expenses.
Student Visa and Documents required for MBA in Latvia
The student visa can be obtained from the Latvia embassy or consulate in your own country.
Applicants are advised to apply for D Visa (Long term visa for studies which lasts for more than 90 days). Post arrival the student shall have to apply for Temporary Residency Card under student category which is valid till the course duration.
Documents required
- All academic certificates with original transcript are required
- Student international passport
- Passport size photographs
- Letter of Recommendations
- Essays as asked by the university.
- Work experience certificate from the previous employer.
- Fee submission receipt from the university.
- Bank documents
- Medical insurance
- Police clearance certificate
Check out details about GMAT examination
https://www.gmac.com/gmat-other-assessments/about-the-gmat-exam/gmat-online
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