Study location	Latvia, Riga
Type	Master, full-time
Nominal duration	2 years (120 ECTS)
Study language	English
Awards	MA (Master of Social Sciences in Management)
Accreditation	02.09.2026

Tuition fee	€3,200 per year
Application fee	€100 one-time
Registration fee	€400 one-time Includes: – Consultations for selection of HEI – Migration & visa consultation – Registration in the Baltic Center database – HEI admission documents’ check – General testing for all Baltic Center HEIs – Admission Examination – Student’s admission to HEI – Documents’ arrangement for the payments to HEI – Invitation for the embassy. The period of preparation from week to two months - You will access to admission system with extra BONUS information& - You will have your own manager and curators on each stage of admission process. You can receive DISCOUNT and pay only 250.00 EUR, for more information visit our FREE webinar “Education in Europe”. Register on English Language: study.baltic-center.eu/admission-webinar-en Register on Russian Language: study.baltic-center.eu/admission-webinar-ru

Entry qualification	Undergraduate diploma (or higher) Applicants must upload education documents in original language, as well as translations into English. Diplomas and transcripts issued outside EU must be legalized with a legalization stamp or Apostille. You must take the original entry qualification documents along with you when you finally go to the university.

Territory requirements	Applications are NOT accepted from the following territories (based on citizenship): Bangladesh, Iraq, Pakistan, Yemen.

Language requirements	English One of next variants, if you have no any of this certificates you can pass University or Baltic Center Exams: English TOEFL IBT – at least score 72; IELTS – at least score 5.5; PTE General – at least level B2; FCE – at least level B; CPE – satisfactory pass; CAE – satisfactory pass.

Overview

The Master’s program is designed to help students develop a rational analytical approach to solving business problems and to affecting the internal change within the business by using modern management technologies, that allow to acquire the competencies to operate as manager or as entrepreneur, making our graduates employable. The top priorities for today’s managers are ability to manage change, as well ensure company’s development and financial stability, that increase the demand of such professionals for today’s Latvian labormarket. In response to market demand two new specializations have been implemented:“Business and Change Management” and “Business and Financial Management”.

Within the Business and Change Management specialization, students acquire in-depth knowledge and skills of organizational transformation management, which includes organizational, personnel, communication and information aspects both at the individual level and within the organization as a whole and which aims at driving business towards the achievement of the company’s strategic goals.

The courses included in the specialization Business and Financial Management are aimed at acquiring in-depth knowledge of financial management. Students learn how to develop financial management models based on the indicators of financial and non-financial performance and learn how to design financial strategies for a company’s sustainable business development.

This approach enhances the professional component of the Master’s program and makes it more competitive on the labor market.

Career opportunities

Graduates from the study program hold different management positions in a variety industry, both in Latvia and abroad: general management, project management, marketing, human relations, public relations, research activity, different fields of entrepreneurial activity, and management consulting.