Professional study programme - Business Management

Degree: Professional Master Degree in Business Management
Credits: 90 ECTS
Duration of studies: full-time – 1.5 years
Language of instruction: English
Tuition fee per year:  3000 EUR
Admission: twice a year (September and February), admission@lbtu.lv 
Contact person: Dr.oec. Andra Zvirbule, andra.zvirbule@lbtu.lv
Accredited until: May 27, 2027

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Abstract

Professional master’s degree programme “Business Management” is designed to adapt to the changing environment of the labour market and demands for the development of skills and competencies with a particular emphasis on interdisciplinary skills (use of resources, assessment of regional differences in economic decision-making and the cross-sectoral context of the bioeconomy) as well as soft skills, such as teamwork, decision making in changing situations, leadership development.

Career Opportunities

MBA graduates occupy top positions in companies across industries: business operations manager; financial manager;human resources manager; management consultant; marketing manager ect. You’ll find MBA graduates in government, healthcare, consumer goods; in big companies, startups, and small and mid-size enterprises (SMEs).

Study plan and structure

1.semester: Human Resource Management, Finance and Investment Management, Data Processing and Business Intelligence, Knowledge Management and Innovations, Business Planning and Controlling

2.semester: Sustainable Development and the Circular Economy, Coaching and Leadership, Corporate Governance, Professional traineeship in Management

3.semester: Writing a Master Thesis

Learning Outcomes

• Students have extended conceptual knowledge of management processes in organizations, business processes in companies and factors that influence decisions of business management and development;

• Students are able to communicate and collaborate with professionals and the general public on professional issues, strategies and policies in accordance with the objectives set for tasks;

• Students have skills to work not only as a team member, but also to take a leadership role in communicating an idea to the local as well as international audience;

• Students are able to define and critically analyse problems and challenges in entrepreneurship and business activities of organizations, to justify their solutions, carry out additional analysis, if necessary, taking into account resource constraints, stakeholder interests and sustainability considerations;

Students are able applying creative and innovative approach and / or solving problem situations in management process.

Examination Proceedure

1. The assessment of professional skills – will be measured in independent and practical work. Which includes: calculations, information collecting and processing with various methods (debates, discussions, case studies, publications, research paper writing, creation of a portfolio, etc.) are used according to the aim of the specific study course.

2. Knowledge is assessed by grades taken from tests, calculations, individual works and as a part of study course exam. The assessment of integrated knowledge, skills and competencies will be tested with the resulting  Master thesis.

Admission Requirements

Bachelor’s degree obtained in the second level professional undergraduate studies or the second level professional higher education as well as Level 5 professional qualification acquired after graduating the Study Programme in the following groups of study programmes: Economics, Business, Management and Administration (the study programme of 1.5 years).

Academic Bachelor’s degree obtained in undergraduate studies or the second level higher professional education not related to the particular field of specialisation (the study programme of 2 years).

English requirements: IELTS score 6.0, TOEFL score 547, TOEFL-iBT score 76.

Programme director - Andra Zvirbule says:

“Don’t sit down and wait for the opportunities to come. Get up and make them. MBA studies are the passport to the future, for tomorrow belongs to those who prepare for it today.”