International Finance (EN)

The Dual Degree Programme in International Finance and International Management is designed to offer you a rich and engaging learning experience that prepares you for a successful career in both financial management and business operations.

The objectives of the study programme are to:

• Provide competitive, student-centred higher professional education in international finance and prepare students for practical work in an international environment;
• Develop students’ abilities and skills in research and creative work;
• Equip students with broad knowledge and understanding of international finance, corporate accounting and financial management, international business, economic development patterns, investment project and portfolio development, financial markets and their instruments, as well as emerging technologies in finance, including financial and cybersecurity risks;
• Develop students’ skills and abilities required for work within the international finance system;
• Encourage students to become independent, sustainably minded, responsible, and creative individuals;
• Develop general competencies required in the modern labour market, including big data analysis, business intelligence, and foreign language skills;
• Enhance students’ skills for independent study in order to deepen their academic and professional knowledge;
• Promote the continuous development of the programme’s content and study process in line with national economic development, the international market, and technological progress.

This programme ensures that you are not only equipped but truly empowered with the skills and knowledge needed to excel in the global business arena. With a strong focus on critical thinking, practical skills, and personal growth, we are committed to helping you meet challenges and seize opportunities in both financial management and business operations.

Upon graduating from this programme, you will become a professional who can:

• Analyse financial data: Interpret and evaluate complex financial information to make informed business decisions, ensuring effective operations in both local and international environments.
• Develop business strategies: Create and implement effective strategies that drive business growth and enhance competitiveness across diverse market conditions.
• Manage international projects: Lead and coordinate projects across various international markets, ensuring successful implementation and outcomes.
• Navigate global markets: Understand and adapt to the dynamics of global markets, identifying opportunities while mitigating potential risks.
• Manage assets and prepare financial reports: Efficiently manage company assets, prepare comprehensive financial statements, and accurately calculate taxes.
• Apply analytical methods: Use quantitative and qualitative financial and business analysis methods to improve company performance.
• Predict financial performance: Forecast organisational financial performance, develop detailed budgets and financial plans, and prepare and evaluate investment projects.
• Assess and manage risks: Identify, evaluate, and manage financial, business, and cybersecurity risks to safeguard and advance organisational interests.
• Utilise advanced digital skills: Apply essential digital tools and technologies to enhance business processes, perform big data analysis, improve digital communication, and implement management information systems, fostering innovation and efficiency in a technology-driven business environment.
• Lead and collaborate: Take responsibility, work effectively within a team, delegate and coordinate tasks, and organise work efficiently.
• Communicate effectively: Convey ideas clearly and persuasively, both in writing and verbally, to a variety of stakeholders.
• Innovate solutions: Develop creative and effective solutions to address business challenges and support continuous improvement.

Admission Requirements for Foreign Nationals with Secondary Education Completed Outside Latvia:

EU/EEA/Swiss citizens and EU long-term residents:

• General secondary school diploma
• English language proficiency
• Grade in Mathematics must be no less than 4 on a 10-point grading scale

Non-EU/EEA/Swiss citizens and Non-EU long-term residents:

• General secondary school diploma
• English language proficiency
• Grade in Mathematics must be no less than 8 on a 10-point grading scale
• The average grade on the secondary education certificate across all subjects must be at least 6 on a 10-point grading scale
• All grades must be passing (at least 4 on a 10-point grading scale)
• If the secondary education certificate does not include a grade in mathematics, it can be replaced by a grade in the subject of economics/business management field (the grade must be at least (minimum 8 on a 10-point grading scale).
• SAT (Scholastic Assessment Test) overall score no lower than 1200

*Information on 10 points grading scale

As part of the admission process, applicants will be required to participate in an online interview.

Admissions open: 1 January 2026

Admission Requirements for Latvian Citizens/Non-Citizens and Foreign Nationals with Secondary Education Obtained in Latvia:

Admission criteria for individuals who obtained their secondary education from 2004 onwards:

• CE in Mathematics*;
• CE in English language at least level B2;
• CE in Latvian language;
• Average score of all CEs completed by the individual
  * For individuals who have completed secondary education before 2008, the centralised examination in mathematics may be replaced by the average mark in mathematics indicated in the secondary education document (or the average mark in algebra and geometry)

Admission criteria for individuals who completed their secondary education up to and including 2003 and individuals with special needs:

• final grade in Mathematics (or the average grade of Algebra and Geometry);
• final grade in English language no less than 6 on a 10-point grading scale (can be substituted with an internationally recognised English-language test result at a minimum of level B2.);
• final average grade in mandatory subjects

• Study Abroad Opportunities
  Ready to explore the world while you study? Once you’ve completed at least one year of study, you can take part in the Erasmus programme and spend one or two semesters at one of our partner universities. The study mobility period ranges from 2 to 12 months. Your tuition fees for the time abroad are covered by the partner university, while you continue to pay your fees at the BA School of Business and Finance. Plus, you’ll receive an Erasmus+ scholarship to help with travel and living expenses. If you’re enrolled in this dual degree programme, participation in the Erasmus+ exchange programme is mandatory!
• Internships Abroad
  Looking to gain some real-world experience? You can also undertake two internships abroad, each lasting several months, funded by the Erasmus programme. These internships provide invaluable international experience, allowing you to develop practical skills and gain insights into companies across Europe. The mobility period for each internship can last between 2 to 12 months, and you’ll receive an Erasmus+ scholarship to support your stay.
• Short-Term Erasmus Mobility Programmes
  Pressed for time? No problem! You can join short-term Business Week trips. These intensive, international experiences will allow you to gain in-depth knowledge of the global business environment, build a network of international contacts, and improve your language skills.
• Professional and Personal Growth
  All these international opportunities not only broaden your horizons but also significantly enhance your professional and personal growth. They prepare you for future challenges in the global job market, equipping you with the skills and experience needed to thrive in an international business environment.

Additional information and study plan

For first and second-year students, classes take place on weekdays from 8:30 to 16:00. Third and fourth-year students have classes in the evenings on weekdays.

Admission information:
Email: studies@lu.lv

Study programme director: Tatjana Mavrenko
E-mail: tatjana.mavrenko@lu.lv

Study programme methodologyst: Gundars Daugulis
E-mail: gundars.daugulis@lu.lv