Financing
studies

While having an MBA offers significant awards in terms of salary and recognition, completion of the degree is a substantial investment of time and money. Therefore, different program, tuition and financing options need to be carefully evaluated. The RBS tuition policy is designed to offer students maximum flexibility and the shortest time to return on investment.
RBS Professional MBA program structure allows students to choose the number of courses they take in each semester. Tuition is paid per course. On average, students choose to take two courses per semester.

Application fee (non-refundable)

EU citizens and for those who have previous education in Latvia

40 EUR

Non – EU citizens and for those who have previous education outside of Latvia

150 EUR

Financing studies

While having an MBA offers significant awards in terms of salary and recognition, completion of the degree is a substantial investment of time and money. Therefore, different program, tuition and financing options need to be carefully evaluated. The RBS tuition policy is designed to offer students maximum flexibility and the shortest time to return on investment.
RBS Professional MBA program structure allows students to choose the number of courses they take in each semester. Tuition is paid per course. On average, students choose to take two courses per semester.

Application fee (non-refundable)

EU citizens and for those who have previous education in Latvia

40 EUR

Non – EU citizens and for those who have previous education outside of Latvia

150 EUR

EU Citizens

MBA tuition

750 EUR

Tuition per course

1 500 EUR

Tuition per semester*

13 150 EUR

Tuition per program**

40 – 70 EUR

Books and cases per course

50 EUR

Resource fee per semester***

* If two courses per semester are taken
** If completed in nominal time – 2,5 years – for Professional MBA
*** Resource fee includes access to scientific databases, use of RBS computer lab, printing and access to the RBS Online Access study system, and is payable in the Fall and Spring semesters.

EU Citizens

MBA tuition

750 EUR

Tuition per course

1 500 EUR

Tuition per semester*

13 150 EUR

Tuition per program**

40 – 70 EUR

Books and cases per course

50 EUR

Resource fee per semester***

* If two courses per semester are taken
** If completed in nominal time – 2,5 years – for Professional MBA
*** Resource fee includes access to scientific databases, use of RBS computer lab, printing and access to the RBS Online Access study system, and is payable in the Fall and Spring semesters.

Non – EU Citizens*

MBA tuition

9 600 EUR

Tuition per year

19 200 EUR

Tuition per program

Books and cases

Included in the tuition fee

Resource fee

Included in the tuition fee

* International students are required to take 4 courses per semester

Non – EU Citizens*

MBA tuition

9 600 EUR

Tuition per year

19 200 EUR

Tuition per program

Books and cases

Included in the tuition fee

Resource fee

Included in the tuition fee

* International students are required to take 4 courses per semester

Support

The MBA program is an excellent investment in your future. Here are some ways that can help you finance it:

  • Talk to your employer

A lot of our students receive financial support from their employers. Many companies have special funds for the education of their employees.

  • Consider taking a loan

Apply for State-underwritten study and student loan (covering the cost of tuition and daily costs) at banks that cooperate with ALTUM or take a commercial loan. To learn more about what’s best for you, please consult with your bank or the respective financial institutions.

  • Apply for 10% discount if you are
    • RBS alumni;
    • first degree relative of RBS student or alumni;
    • member of American Chamber of Commerce in Latvia, British Chamber of Commerce in Latvia, Norwegian Chamber of Commerce in Latvia, Startin.LV,  or Social Entrepreneurship Association of Latvia.

Support

The MBA program is an excellent investment in your future. Here are some ways that can help you finance it:

  • Talk to your employer

A lot of our students receive financial support from their employers. Many companies have special funds for the education of their employees.

  • Consider taking a loan

Apply for State-underwritten study and student loan (covering the cost of tuition and daily costs) at banks that cooperate with ALTUM or take a commercial loan. To learn more about what’s best for you, please consult with your bank or the respective financial institutions.

  • Apply for 10% discount if you are
    • RBS alumni;
    • first degree relative of RBS student or alumni;
    • member of American Chamber of Commerce in Latvia, British Chamber of Commerce in Latvia, Norwegian Chamber of Commerce in Latvia,  Startin.LV,  or Social Entrepreneurship Association of Latvia.