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How to study finance in Latvia

3 min read · 2026-10-21

Studying finance in Latvia gives you access to a growing Baltic business hub with affordable tuition and English-taught degrees. Universities here combine economic theory with practical market skills to prepare you for international careers. Read on to learn about entry steps, costs, and how to start your journey.

Finance degree levels in Latvia

Latvian universities offer structured higher education aligned with the European Bologna system. You can choose from different academic levels depending on your background.

  • Bachelor programmes typically last three to four years and build core skills in accounting, banking, and corporate finance.
  • Master programmes take one to two years and focus on advanced topics like fintech, investment management, and corporate strategy.
  • Professional degrees often include practical internships within local or international companies based in Riga.

Typical entry requirements

Admission criteria vary by institution, but most programmes share standard expectations for international applicants. You will need to prove your academic history and language skills.

  • Secondary school completion certificate for bachelor studies, or a relevant bachelor degree for master studies.
  • English language proficiency through tests like IELTS, TOEFL, or equivalent school grades.
  • A motivation letter or an online entrance interview with the university admissions team.

Tuition fees and living costs

Latvia offers competitive financial terms compared to Western Europe, though costs differ for EU and non-EU citizens. Always check the programme page for exact figures.

  • EU students usually pay local tuition rates, typically starting around two thousand euros per year.
  • Non-EU international fees are higher, often ranging from three thousand to six thousand euros annually depending on the school.
  • Monthly living costs in Riga, including shared housing, food, and transport, typically range from four hundred to seven hundred euros.

Application timeline and visas

Planning ahead helps you secure housing and complete immigration paperwork smoothly without stressful delays.

  • Start checking university websites six to nine months before the intake semester begins.
  • Submit your documents through the university admission portal before the priority deadline.
  • Apply for your residence permit through the national immigration authority once you receive an official acceptance letter.

Common questions

Can I work while studying finance in Latvia?

International students with a valid residence permit can work up to twenty hours per week during the academic year without a separate work permit.

Are finance degrees in Latvia taught in English?

Yes, many public and private universities offer full bachelor and master degrees taught entirely in English for international students.

Do I need to speak Latvian to live in Riga?

No, English is widely spoken at universities, in public spaces, and across international businesses in the capital.

How Eduuro helps

Create a free profile with your field, education, English level and documents, and admissions offices that search for exactly that can find you and write first.

Rules, fees and deadlines change. Check the university's own admissions page and the official immigration site of the country before you act on anything here.

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