Management,-MSc

Business and Management

Awarded academic degree: Master of Social Sciences in Management

Complete study program volume: 80 CP | 120 ECTS

Possible forms of education and study languages:

  • Full-time – 2 years (latvian, english) Courses available during day or evenings
  • Part-time – 2.5 years (latvian, english) Courses available during Saturdays
  • Distant – 2.5 years (english)

Enrolment requirements: 1. Bachelor’s degree or Level 2 professional higher education in business and economics sciences 2. Bachelor’s or Master’s degree in other social sciences or related sciences and two years of work experience in business and economics 3. Bachelor’s and Master’s degree in other sciences and at least 5 years of experience in business and economics

Admission Rules

“The program provides an effective multidisciplinary educational approach focusing on real business world practice, oriented on supporting the needs of management in the era of digital transformations. These allow to acquire rich portfolio of managerial skills and competences aimed on the decision making, organizational culture, corporate responsibility, growth and performance.”

Irina Kuzmina-Merlino
Professor, 
Dr. oec.
Irina Kuzmina-Merlino
Director of the Programme
For individuals, who…

To develop managerial competencies working in the fast-changing and complexity business environment,

To develop managerial career in companies of different sizes, working in different sectors of the economy in the local or global market.

To develop entrepreneurial activities in the modern business world,

To acquire research and consultancy skills in the different fields of business and management.

Potential careers…

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.

Wants to obtain...

The program focuses on training of a leader that will respond quickly to changes in the business environment and determine which direction the organization should take, and contribute to the organization’s prosperity by striving to yield organizational operations productive and efficient.

About the Programme

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.

Tuition Fee

 Full timePart timeDistance learning
Duration2 years2.5 years2.5 years
Tuition fee EUR/year4500 EUR4500 EUR2000 EUR
Tuition fee for applicants from 🇱🇻 🇱🇹 🇪🇪 🇺🇦 🇪🇺 and EEA, EUR/year2700 EUR2700 EUR2000 EUR
* Tuition fee of MasterPlus track with the mentor support is additionally EUR 500 per year.

Block A – Mandatory Courses

Title
CP
ECTS
Financial Management4.006.0
Methods of Data Analysis and Business Forecasting4.006.0
Strategic Management4.006.0
Academic English2.003.0
Corporate Governance and Social Responsibility2.003.0
Labour Safety, Civil Defence and Environment Protection2.003.0
Latvian Language2.003.0
Pedagogics and Psychology2.003.0
Quantitative Methods for Management2.003.0
Research Methodology2.003.0
Research Seminar I2.003.0
Research Seminar II2.003.0
Study Project2.003.0

Block B – Specialization Courses

Title
CP
ECTS
Business Information Systems4.006.0
Change Management4.006.0
Human Resources Management and Leadership4.006.0
International Marketing and Advertising4.006.0
Project Management and Financing4.006.0
The Global Economy and International Business Environment4.006.0
Decision Making Methodologies2.003.0
SMART administration2.003.0

Block C – Elective Courses

Title
CP
ECTS
Subject of Free Choice4.006.0

Alumni testimonials

Ildar Farkhshatov
Highlight the next benefits
"I would like to highlight the next benefits which I acquired while I have studied in TTI: - High level of the educational program i.e. I covered all topics which I have had a lack of knowledge; - the modern educational system i.e. offline study goes alongside online education, so having all courses book and sources online and the possibility to contact teachers and professors through the internet to get a quick response was really my time-saver; - access to tools and modern PCs at any time is also an important benefit for successful study; - I had a chance to study abroad for 1 semester with Erasmus Mobility program and TTI helps me to take courses at the University of Florence, although priorly the agreement was signed between other faculties; - international environment i.e. my group-mates were people from different countries like Armenia, Uzbekistan, India, Spain, and Kazakhstan. These benefits have helped me feel confident and be competitive and as proof of that, I have been working in an international company for the last 2 years with having EU Blue card which confirms me as a specialist with a high-quality education."
Ildar Farkhshatov, 
(1602 MDA)

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