StudyQA — Riga Business School — Riga — Latvia: Fees, Rankings, Courses, Admissions

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Description History Admission requirements Accreditations Student's life Uni Services Why study here Scholarships

Established in 1991 in cooperation with the State University of New York at Buffalo, USA, and the University of Ottawa, Canada, Riga Business School (RBS) is a management – education institution within Riga Technical University (RTU).

RBS was the first higher education institution in the Baltics to offer MBA programs in English, granting its graduates an internationally recognized Masters of Business Administration degree. Since 2012, Riga Business School has been offering a Bachelor of Management in International Business program in collaboration with BI Norwegian Business School and University at Buffalo, USA.

The school has a solid reputation and more than 1015 MBA graduates, the majority of who occupy leading managerial positions both in Latvia and abroad. RBS is the only school in the Baltics offering North-American style MBA both in teaching standards and structure, containing intensive case studies, group work and active classroom involvement over at least two years of studies.

Strong commitment to high quality, the principles of North American MBA programs and all courses presented in English make RBS distinctive in Latvia and beyond.

Riga Business School is a member of PRME (Principles for Responsible Management Education). The PRME are a call to encourage and facilitate the movement of business schools toward approaches that meet the new needs and the expectations of the business world and the demands of a new generation of students with regard to sustainability and good corporate citizenship.

Riga Business School was founded in 1991 by Riga Technical University and the State University of New York at Buffalo. RBS began a student exchange program with the University of Ottawa in 1992. In 1993, Riga Technical University, State University of New York at Buffalo, and the University of Ottawa formed a three-sided partnership. The schools helped to form the RBS Language Center, the school's library, a computer class, and MBA courses with instructors from North America.

Based on the global demands of the job market, we are looking for candidates who have the potential to develop during their study years the following skills:

IQ,
HONESTY,
LEADERSHIP,
TEAM BUILDING,
CURIOSITY,
CULTURAL AWARENESS,
ENERGY LEVEL,
SOCIAL RESPONSIBILITY.

The Riga Business School (RBS) admission process follows in the tradition of the leading American universities. We assess both the intellectual and personal capabilities of every candidate. To do this, we calculate the Riga Business School Admission Score: Previous Education Performance (30%) + English Proficiency (30%) + Silicon Valley Challenge Score (40%) or Interview for international candidates = 1 to 100 Points.

1. Secondary Education (diploma and transcript)

In order to succeed in Riga Business School, candidates should have a good intellectual preparation and they should have faced advanced level courses. We carefully study the transcripts of all candidates. On one hand we pay particular attention to specific subjects like Mathematics and English and other subjects more related to Economics and Business. On the other hand we also look at the overall performance of the students during the last two years of secondary education and the student’s performance on Central State Exams or equivalents.

2. English Proficiency (if English is not your native language)

This can be a TOEFL ITP, TOEFL iBT or IELTS.
Candidates should prove they have an adequate level of English, as all courses in RBS are taught in English and we have students and professors who do not speak the domestic language. To demonstrate proficiency, students should take an international language exam.

TOEFL (IBT): 70

TOEFL (PBT): 523

IELTS: 6,0

PTE: 50

NB! Candidates can take TOEFL ITP at RBS for free.

3. Extra-curricular activities, personal achievements

In order to assess the personality of our students, we review their extracurricular activities. Students are encouraged to inform the admissions officers in as much detail as possible inside the appropriate section of Admission Package. Example of extracurricular activities include Student Council, Sports, Volunteer activities, Internships, Cultural Activities, Hobbies, etc. These activities will be one of the subjects during the Admission Interview, therefore they impact the candidate's Riga Business School Admission Score.

Accreditation

At RBS we work hard to be sure that our school meets and exceeds world class standards. RBS programs, faculty, students and facilities grow and develop with constant attention to the high standards set by our customers. We are committed to always measuring ourselves against the best so that we will be “known by the company we keep.”

International Accreditation

RBS is the first state institution of higher education in Latvia to be given the IQA (International Quality Assurance) award. We pursued and obtained CEEMAN (Central and Eastern European Management Development Association) IQA Accreditation because it mirrors our commitments to growth, development and rigorous quality. We are the only school in Latvia with its own MBA delivered in English to have international accreditation.

From August 2018, RTU Riga Business School is now a part of the world’s foremost association of business schools, helping to set the standard of quality in business education. AACSB International (AACSB) connects educators, students, and business to achieve a common goal: to create the next generation of great leaders.

Budget and cost of living

In Latvia, as a student you will need a minimum of approximately EUR 7 500 per year in order to cover basic expenses.

Budget

To give you an idea of the living expenses for a student in Latvia, we have put together a modest budget for one year (all numbers are approximate):

Housing: EUR 2200

Food: EUR 3700

Books & Supplies: EUR 700

Transportation: EUR 300

Other expenses: EUR 3000

Accommodation

RBS students have the opportunity to live in one out of two cozy apartment buildings or dormitory type students’ hostels. We offers accommodation in double and triple rooms. All rooms are furnished. All hostels provide such facilities as kitchenette, WC and shower, as well as self-service laundry services and Internet. Any RBS student can apply for a residential permit at one of the students’ hostels in accordance with the allocation criteria and procedures.

Student ID card

A valid RBS student ID proves that you are currently studying in RBS and it also gives discounts, for example, in theatres, museums, clubs, shops, cafes etc.

RBS was the first higher education institution in the Baltics to offer MBA programs in English, granting its graduates an internationally recognized Master's of Business Administration degree. Since 2012, Riga Business School offers a Bachelor of Management in International Business in collaboration with the BI Norwegian Business School.

The school has more than 970 MBA graduates, the majority of whom occupy leading managerial positions both in Latvia and abroad. RBS is the only school in the Baltics offering North-American style MBAs both in teaching standards and structure, containing intensive case studies, group work and active classroom involvement over at least two years of studies.

RTU Riga Business School is the number one destination for management education in the Baltic’s. RBS strategic direction is recommended by the management team and approved by the RBS Advisory Board. The strategy largely emerges from the Mission and is formed during regular consultations with a range of stakeholders. The strategic direction of the school is reviewed every year by the Council and the Advisory Board, which also approves the targets for the upcoming year.