|Study location||Latvia, Riga|
|Nominal duration||2 years (120 ECTS)|
|Awards||Ms (Master Degree of Social Science in Economics)|
|Accreditation||24.05.2013-23.05.2019; Accreditation certificate No 23|
|Tuition fee||€2,800.00 per year|
|Application fee||€150.00 one-time|
|Registration fee||€100.00 one-time
Baltic Center Registration Fee Includes:
Undergraduate diploma (or higher)
Bachelor degree of Social Science in Economics or in Management Science, or comparable education
The entry qualification documents are accepted in the following languages: English / Russian.
Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original.
You must take the original entry qualification documents along with you when you finally go to the university.
Non-native English speakers are requested to present a copy of Baltic Center Test/TOEFL/IELTS/TOEIC/PTE Academic/Cambridge English test score report.
The score of the BALTIC CENTER test should be at least B2
Every student should pass the interview in the Representative office of Baltic Center or on Skype before receiving the final admission. More details will be provided during the application.
Faculty of Engineering Economics and Management
The aim of the Master study programme is to provide students with an in-depth theoretical knowledge in compliance with the master’s level education and national standards for academic education, as well as develop research skills necessary for analysts of economic processes and industry specialists to resolve economic problems and take decisions in today’s changing economy.
The economic processes in the world are changing rapidly, affecting one another. The field of study is intended to develop the skills necessary to meet the challenges at the economic, sectoral, regional levels, as well as at the level of enterprises and households.
A Compulsory study courses 27.0 CP/ 40.5 ECTS
Financial and Commercial Calculation Methods
Theory of Economic Analysis
Market Economy : Problems and Policy
Basics of Labour Protection
B Compulsory elective study courses 29.0 CP/ 43.5 ECTS
B1 Field-specific study course 25.0 CP/ 37.5 ECTS
Modelling of Macroeconomic Processes
Factors and Models of Economic Development
International Monetary and Financial System
Regional Economics and Policy
History of Economic Thought
Economic Information Systems
Economics of Energetic Resources
Electronic Commerce and E-business
Product Marketing Policy
Quality Management and Economics
Technology and New Product Marketing
History of Latvian Economy and Currents Events
Risks in National Economy
B2 Humanities and social sciences study courses 4.0 CP/ 6.0 ECTS
European Classical Philosophy
C Free elective study courses 4.0 CP/ 6.0 ECTS
E Final examination 20.0 CP / 30.0 ECTS
Postgraduates are able to apply knowledge and skills in practice to address complex economic problems related to micro and macroeconomics, econometrics, environmental economics and marketing.
Study courses included in the programme allow educating and training socially responsible and highly qualified specialists, whose knowledge, skills and competencies enable them to conduct research, to analyse and critically assess the economic realities of local and international government agencies and private sector companies.
Successful graduates may also continue their education at the doctoral study programmes after receiving the master’s degree.