Study location	Latvia, Daugavpils
Type	Professional Master's Study Programmes, full-time
Nominal duration	2 years or 1,5 year
Study language	English
Awards	(Professional Master’s Degree in Economics & Financial Analyst Qualification)

Tuition fee

€2,900 per year Bank Details: Name: Daugavpils University VAT Reg. No.: LV90000065985 Address: 13 Vienibas street, Daugavpils, LV5400 Account No./IBAN: LV64HABA0551055786378 Bank name: Swedbank AS SWIFT code: HABALV22 In the payment details indicate: Tuition fee, Name, Surname, Date of Birth

Registration fee

€100 one-time Registration fee is non-refundable. The registration fee is non-refundable and does not guarantee acceptance. Must be paid to the Daugavpils University bank account: Bank Details: Name: Daugavpils University VAT Reg. No.: LV90000065985 Address: 13 Vienibas street, Daugavpils, LV5401 Account No./IBAN: LV64HABA0551055786378 Bank name: Swedbank AS SWIFT code: HABALV22 In the payment details indicate: Registration fee, Name, Surname, Date of Birth

Entry qualification

Bachelor's diploma Bachelor’s degree diploma and its supplements in original language and a notarized copy in English (applying for Master’s degree). Full-time studies (2 years): – Bachelor’s degree or 2nd level professional higher education in economics, finance, entrepreneurship (business), management or sociology. – DU Admission Committee may review certain applications for studies received from graduates of Bachelor’s or 2nd level higher professional study programmes in other thematic areas of education, if the applicant has at least 2 years of work experience in economics, finance, business or management, confirmed by an employer’s proof of employment; – English language knowledge at B2 level. Full-time studies (1.5 year): – Professional Bachelor degree or Second-level professional higher education (at least 4 years) in economics, finance, entrepreneurship (business), management or sociology; – English language knowledge at B2 level. The entry qualification documents are accepted in the following languages: English / German / Russian / Latvian. 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. Please provide bachelor’s diploma (for master studies) in the original language. If the diploma is not issued in English, Russian, German or Latvian, you should provide a certified translation. The document must be legalised (usually done by Ministry of Education or Ministry of Foreign Affairs of your country). Legalisation is a Certification of Document Authenticity: certification of document authenticity (legalisation) means verification of signature and seal of a document. Traditionally it is performed by a Consular Officer so that documents drawn up in one country would be legally valid in another one. If a document is issued in a foreign country which has concluded bilateral agreement with Latvia (Belarus, Kirghizstan, Russia, Moldova, Ukraine, Uzbekistan) – these countries don’t need legalisation of documents, it enough if they have Official State Seal. You must take the original entry qualification documents along with you when you finally go to the university.

Language requirements

English Accepted proof of proficiency (minimum): IELTS 5.5; Pearson PTE Level 3 (B2); TOEFL 72 points; Cambridge English Language Assessment 160 points (B2); ECL (B2); LanguageCert ESOL (B2); Duolingo 105 points (B2). Document confirming English language knowledge. You can provide any official language certificate. Applicants who are native speakers of English or who have successfully undertaken secondary or post-secondary courses for a minimum of two years where English was the language of instruction are not required to submit any certificates. Applicants who have obtained previous education in English in one of the bellow listed countries do not need to provide separate language proficiency: • Australia • The Bahamas • Canada • Ireland • New Zealand • St Vincent and the Grenadines • United Kingdom • United States of America

Other requirements	The documents will be revised only in case the full package is submitted. Incomplete applications will not be considered.

More information	du.lv/..es/smart-economics-and-innovations

Overview

The aim of the academic master’s study programme is:

To provide students at the national and international level with competitive knowledge, relevant skills and competences for analytical evaluation of economic and financial processes in the context of smart development, emphasizing research skills for scientific and academic work and training highly qualified specialists in accordance with professional standards “Financial analyst” (profession code PS-118).

The tasks of the academic master’s study programme are:

- to provide students with the opportunity to obtain a competitive, high-quality professional higher education that meets modern requirements and is in demand in the international labour market, which includes comprehensive and innovative knowledge and understanding of economics, finance, etc.;
- to prepare students for work in the profession, having integrated various sub-sectors of economics and other branches of science in the study process;
- to develop students’ competences of research work, creative work skills and abilities;
- to develop knowledge and skills needed for the managers of the organisation, who are able and competent to take responsibility and solve financial and economic problems of a high degree of complexity;
- to ensure the achievement of learning outcomes (knowledge, skills and competences) in accordance with the knowledge, skills and competence of level 5 of the European Qualifications Framework (hereinafter – the Framework) and level 7 of the Latvian Qualifications Framework (LQF) specified in the Latvian education classification;
- to promote flexible acquirement and further improvement of the study programme and the study content in accordance with the changing processes of national economy, international market and technology development;
- to develop students’ skills, abilities and professional competences in the field of economics and finance, practical skills in working with modern technologies, general competences required in today’s labour market, choosing advanced methods and techniques that provide a learning environment favourable for personal and professional growth;
- to prepare professional Master’s degree holders for studies in Doctoral study programmes.

As a result of the programme’s acquisition, the graduate will acquire and be able to demonstrate:

KNOWLEDGE

1. To show specialized in-depth knowledge (including the one based on the latest discoveries in the field) characteristic of the economic and finance sector, as well as understanding of concepts and regularities, incl. cross-sectoral aspect.
Skills
2. Able to use professional theoretical concepts and IT solutions, perform professional, innovative or research activities, creatively obtain, select and analyse information and use it in the interpretation of economic processes.
3. To explain and discuss the professionally applied aspects of systemic economics and finance field with arguments, both with specialists and non-specialists.
4. Independently promote the development and specialization of their competencies, introduce innovations in the profession, acquire new knowledge, analyse, systematize and integrate the acquired information or further learning in complex and unpredictable conditions.

COMPETENCE

Students are able to:

1. Independently formulate and critically analyse complex scientific and professional problems in the field of economics and finance, justify decisions, take responsibility, lead a team, delegate and co-ordinate the performance of duties, effectively plan and organize their own work.
2. Integrate knowledge from different fields, contribute to the creation of new knowledge, development of research or applied methods of operation, participate in the development of economic branches and sub- branches.
3. Demonstrate understanding and ethical responsibility for the potential impact of scientific results or professional activities on the environment and society.