Riga Business School receives 4 Palmes of Excellence and is praised for its MBA programs

For the 6th year, Riga Business School at Riga Technical University has received 4 Palmes of Excellence by Eduniversal, meaning it’s among the top 200 Business Schools worldwide with significant international influence. More specifically, Riga Business School’s Professional MBA program is ranked as the 5th best in Eastern Europe, the Professional MBA with specialization in Marketing – as the 16th best in Eastern Europe, and the Executive MBA program – the 17th best in Eastern Europe. Among Latvian higher education institutions, Riga Business School master’s programs are ranked the highest. 

Headquartered in Paris, Eduniversal is a global ranking and rating agency specializing in higher education. The company has established a strong expertise in evaluating academic institutions and programs in France since 1994, and internationally since 2007.

Eduniversal ranks The Best 1000 Business Schools and The Best Masters and MBA programs in more than 50 fields of study in 154 countries. These rankings are designed to provide information to prospective graduate students that will help them in their search for future studies.

The Official Selection of the 1,000 Best Business Schools rests on quantitative and qualitative criteria. Then, for each country, the chosen schools are divided into five levels of excellence called the “Palmes of Excellence”. The Palme level is awarded to each school according to mainly internationalization criteria, such as accreditations, major rankings, and memberships in academic or professional associations or partnerships. In addition, institutions are evaluated by their peers. This unique step is called the Deans’ Vote and takes into account the expertise of the deans of the other best Business Schools ranked by Eduniversal.

The program ranking takes into account the reputation of the program of which 50% is based on the opinions of recruiters and 50% is based on the level of Palme of Excellence awarded to the school, the salary of the 1st employment, and student satisfaction survey results.

An International Scientific Committee is responsible for the official selection of the best 1000 business schools, monitoring the Deans’ Voting process, and overseeing the Eduniversal Business Schools Ranking Methodology. It is comprised of 11 members: two executive members within Eduniversal, and nine independent experts in higher education. All members have significant experience in the academic world and within their zone.