Business Administration (EN) (1,5 years)

The study process promotes strategic thinking, an international perspective on business, and the ability to effectively manage organisations in changing market conditions. The programme covers the following main areas:

• Analysis of economic processes and development trends: You will gain an in-depth understanding of diverse economic processes, their interrelationships and development trends at both local and international level.
• Assessment of the business environment: You will learn to analyse and evaluate the business environment in both local and international markets, identifying opportunities and risks for business development.
• Business and project management: You will develop business and project management skills required to ensure competitive performance and increase a company’s added value.
• Solving complex problems and decision-making: You will learn to analyse complex scientific and professional problems, critically evaluate situations, address current management issues and make well-founded decisions.
• Teamwork and leadership: You will improve your ability to work in a team, understand the interests of different groups, present your opinion in a reasoned manner and engage in professional discussions.
• Communication and conflict management: You will acquire effective professional communication principles and conflict management skills, which are essential in a manager’s daily work.

An important component of the study process is the internship. Internship placements may be in companies in Latvia or abroad.

Graduates of the programme are highly qualified and competitive managers in the public or commercial sector, with an understanding of the fundamental principles of organisational operations. Upon completion of the programme, you will acquire the skills to plan and manage work in accordance with organisational objectives, lead teams, and manage change in a dynamic business environment.

Upon successful completion of the study programme, a Master’s professional higher education diploma and the qualification “Manager of Companies and Institutions” are awarded, which corresponds to the fifth level of professional qualification and allows you to continue doctoral-level studies.

1. Previous education: 
    - Academic bachelor’s degree in Economics, Finance, or Management, or an equivalent qualification; applicants with degrees in other fields must have at least three years of managerial work experience;
2. Language proficiency:
    - English language proficiency (for foreigners);
   *Latvian nationals are required to demonstrate English language proficiency. This may be confirmed through internationally recognised English language test results, other evidence of English proficiency at a minimum of B2 level, or a grade in English on a previous educational certificate (the grade must be no lower than 6 on a 10-point scale), except where previous education was obtained in English.
3. other requirements:
    - Applicants must submit a CV for the assessment of their work experience.

*Foreign applicants whose previous education was completed outside the European Union (EU), European Economic Area (EEA), or the Swiss Confederation must submit one of the following recognised standardised test results issued within the past five years:

• SAT: minimum score of 1200
• GMAT: minimum score of 595
• GRE: minimum score of 320
  If applicants submit SAT and GMAT or GRE results with equivalent scores, and the number of study places is limited, preference will be given to applicants with GMAT or GRE scores.

*Additional admission requirements for non-EU/EEA/Swiss citizens and non-EU long-term residents

• The average grade in study courses must be 60% of the maximum;
• All grades must be passing (at least 4 in a 10 point grading system);

All non-EU/EEA/Swiss applicants, except University of Latvia graduates, will be required to take part in an online interview as part of the admissions process.

*Information on 10 points grading scale

Admissions open: 1 January 2026 (Foreign Applicants)!

• Study Abroad Opportunities. Ready to explore the world while you study? You can participate in the Erasmus programme and study for one or two semesters at one of our partner universities. The study mobility period ranges from 2 to 12 months. Tuition fees for your time abroad are covered by the partner university, while you continue to pay fees at the BA School of Business and Finance. Additionally, you will receive an Erasmus+ scholarship to assist with travel and living expenses.
• Internships Abroad. Looking to gain real-world experience? You can undertake internships abroad twice, each lasting several months, funded by the Erasmus programme. These internships offer valuable international experience, allowing you to develop practical skills and knowledge in companies across Europe. Internship mobility periods can last between 2 and 12 months, and you will receive an Erasmus+ scholarship to support your stay.
• Short-Term Business Week Trips. Don’t have time for a long exchange or internship? No problem. You can join short-term Business Week trips that provide an intensive international experience. These trips enable you to gain in-depth knowledge of the business environment, build global contacts, and improve your language skills.
• Professional and Personal Growth. All these international opportunities broaden your horizons and significantly enhance your professional and personal development. 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

Evening and Weekend Schedule: Classes are held two to three times a week on Mondays, Wednesdays, and Fridays from 18:15 to 21:30

Admission information:
Email: studies@lu.lv

Study programme director Marta Kontina 
Email: marta.kontina@lu.lv