International finance and banking - Professional master's degree programme
Programme level: Professional master's degree programme
Language of instruction: English
Study form and duration: full time - 4 semesters
Credits: 120 ECTS
Obtainable degree or qualification: Master's degree in Finance from BA School of Business and Finance (EQF and LQF level 6), Master's degree in Business Administration from SBS Swiss Business School, 7th Level Professional Qualification Financial Analyst
Number of study places for admission in 2026/2027: State-funded study places - 0, study places for tuition fee - 40
Tuition fee per year: 6500 EUR for EU/EEA/Swiss citizens, EU Long-term resident permit holders and their family members. 6600 EUR for citizens of other countries
Study location: Riga, city centre
This superior dual-degree Master’s programme is delivered in collaboration with SBS Swiss Business School. Positioned as an interdisciplinary study programme, it specialises in corporate finance and business management within a global context.
The International Finance and Banking programme develops a comprehensive understanding of global financial trends and international business dynamics. By focusing on both theoretical concepts and their practical application, you will gain cross-disciplinary insight into the challenges, opportunities, and winning strategies that define today’s global environment.
The programme is based on the Flex MBA principle and follows a modular structure, enabling you to combine work and studies with ease. With a strong emphasis on applying theory to real-world business settings, we prioritise delivering high-value, practical knowledge and leadership skills that support your professional development.
The primary objective of the programme is to prepare you to become a highly qualified and competitive financial specialist. By adhering to professional standards associated with a Financial Analyst and embracing the interdisciplinary nature of the curriculum, you will be equipped to lead and innovate in the dynamic field of international business and finance.
Tatjana Mavrenko
The Dual Degree Master’s Programme in Finance and Business Administration is thoughtfully designed to provide you with an enriching and impactful educational experience. This programme will equip you with the advanced skills and knowledge needed to excel in leadership roles within global finance and business.
Programme Objectives
Develop general competencies and skills:
- To understand and critically assess data and current trends in local and international financial and capital markets;
- To understand and critically evaluate business processes within a company;
- To manage a company’s finances in an ever-changing environment;
- To work independently as well as effectively within local and international teams.
Develop specialised competencies:
- To manage a company in line with its defined goals;
- To manage corporate finances in order to enhance profitability and ensure long-term development;
- To assess and mitigate financial and business risks;
- To apply financial instruments effectively.
This programme is designed not only to award you dual degrees but also to ensure that you graduate as a highly skilled, adaptable, and ethical leader—ready to succeed in the dynamic fields of finance and business administration. We are here to support you every step of the way as you work towards achieving your professional ambitions.
Upon graduating from this programme, you will be a professional who can:
- Lead global financial strategies: Develop and implement advanced financial strategies that drive growth and strengthen competitiveness in the global market.
- Execute high-impact business decisions: Analyse complex financial data and market trends to make informed and influential business decisions.
- Oversee international ventures: Manage large-scale international projects, ensuring successful outcomes and alignment with organisational goals.
- Navigate global financial markets: Expertly understand and operate within global market dynamics, identifying opportunities and mitigating risks.
- Manage corporate finance: Oversee all aspects of corporate finance, including asset management, financial reporting, and tax optimisation.
- Apply advanced financial analytics: Utilise cutting-edge analytical techniques to enhance financial performance and improve business operations.
- Forecast and optimise financial performance: Develop accurate financial forecasts, detailed budgets, and strategic investment plans.
- Assess and control risks: Identify, evaluate, and mitigate financial, operational, and cybersecurity risks to safeguard organisational interests.
- Drive organisational leadership: Lead diverse teams, coordinate complex tasks, and foster a collaborative, high-performing work environment.
- Communicate with authority: Present ideas and strategies clearly and persuasively to stakeholders, ensuring understanding, alignment, and support.
- Innovate business solutions: Create forward-thinking solutions to complex business challenges, driving continuous improvement and maintaining competitive advantage.
Professional bachelor's degree in other sciences or academic bachelor's degree in the field of finance or business administration with minimum 2 years of work experience in the field of finance or in a finance-related position.
Study Abroad Opportunities:
Ready to explore the world while you study? You can participate 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 period abroad are covered by the partner university, while you continue to pay your fees at the UL BA School of Business and Finance. In addition, you will receive an Erasmus+ scholarship to help with travel and living expenses.
Internships Abroad:
Looking to gain real-world experience? You can undertake two internships abroad, each lasting several months and funded by the Erasmus programme. These internships provide valuable international experience, allowing you to develop practical skills and knowledge in companies across Europe. The internship mobility period may range from 2 to 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 take part in short-term Business Week trips. These trips offer an intensive international experience, enabling 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 not only broaden your horizons but also 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 necessary to thrive in an international business environment.
Additional information and study plan
Evening and Weekend Schedule
Courses are designed to accommodate working students. Lectures are held on weekdays from 18:00 to 21:10, and on weekends from 9:00 to 14:00 or 18:00.
This schedule enables students to effectively balance their studies with professional commitments.
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
“I wanted to have an international education without actually leaving the country. This was a unique opportunity when teachers are flying over to Riga to teach you and you can stay at home and continue your career and you don't have to pause that.”