Start-up Economics and Finance

Academic bachelor’s programme 120 KP / 180 ECTS

This programme helps students develop the skills and knowledge that they need to be successful in the fast-growing startup industry: the ability to spot innovations (unrealised business ideas or technological solutions) that can be applied on a large scale (so that the new business idea can be implemented anywhere in the world).

Accredited until August 5, 2027

There are currently no places available on the programme

General information

  • Duration:
    3 years (full-time)
    3.5 years (part-time)
  • Type:
    Full-time, Part-time in person (evenings and Saturdays) every other week
  • Language:
    Latvian (full-time, part-time)
  • Credit points:
    120 KP / 180 ECTS
  • Programme degree:
    Bachelor’s degree of social science in economics
  • Fee:
    For citizens and permanent residents of the Republic of Latvia:
    3000 EUR (full-time, Latvian)
    2600 EUR (part-time, Latvian)

This programme helps students develop the skills and knowledge that they need to be successful in the fast-growing startup industry: the ability to spot innovations (unrealised business ideas or technological solutions) that can be applied on a large scale (so that the new business idea can be implemented anywhere in the world). A large part of the courses of the study programme “Start-up Economics and Finance” deal with such topics as innovation management, creative economy and business, international marketing and scaling, business English – Cambridge (BEC), etc.

Admission rules

Please read the admission rules published on our website under Study at RISEBA -> Admission rules

Students learn the courses of the programme in theoretical lectures, interactive activities, group sessions and practical situations that result in the creation of their own start-up. The study programme is developed in cooperation with industry professionals (Latvian Business Angel Network “LatBAN”, start-up community platform “Labs of Latvia”, “Altum”, etc.), as well as with the company “Printful” (known as Latvia’s first unicorn), highlighting the latest trends in economics, business and the labour market. The study programme is devised in accordance with the international institute ICAEW, which provides an opportunity to acquire an international ACA certificate (Consultant in Strategic Corporate Development). In this programme, a student also learns the main skills related to business management: financial planning, marketing management and human resources management.

1st year

Management
Marketing
Business
Start-ups and Support Instruments
Business Models for New Business Development
Creative Economy and Business
Information Literacy
Study Skills Development
Personal Development and Group Cohesion
Presentation Skills
Further Mathematics
Social and Applied Ecology
Business English – Cambridge I
Business English – Cambridge II
Business Ethics
Social Psychology
Civil Protection
Human Resource Management
Financial and Tax System
Accounting
Course paper I

2. year

Fundamentals of project management
Microeconomics
Macroeconomics
Fundamentals of Business Law
Quantitative Methods in Business – Mathematical Statistics
Ethics and Social Responsibility
Business English – Cambridge (BEC) – III
Business English – Cambridge (BEC) – IV
Financial Accounting and Computerised Financial Reporting
Company Finances
Marketing Research
IT and Marketing in a Digital Environment
Operations Management
Fundamentals of Logistics
Strategic Management
Public Speech and Presentation Skills
Personal Development and Group Cohesion
Course paper in Marketing Research
Optional course I
Optional course II

3. year

The Role of Banks in Business
Commercial Law
Financial Management
Management Accounting
INTOPIA Business Game
Risk management
Financial Markets and Investments
International Marketing and Scaling
Innovation Management
Personal Development – Leadership and Critical Thinking
Research Methodology
Optional course III
Course paper in Financial Analysis
Bachelor’s thesis

Optional course

Russian
Psychology of Advertising
International Economics
Consumer Behaviour
Intercultural Psychology and Communication
Insurance
Financial Analytics
Controlling
Blockchain Technologies

Graduates are skilfully prepared for jobs where it is essential to find new solutions, unprecedented opportunities in business, attract financing and analyse financial flows. With a RISEBA diploma in “Economics and Finance of Start-ups”, the young professional can manage the development processes of new brands, products and services in private and public administration institutions, as well as in non-governmental organisations.

After graduation, a student can continue its education in the following programmes:
International Finance
Business Management
Strategic Business Management
International Business

Any student of the bachelor’s programme who has completed at least one year of study can participate in the Erasmus+ exchange programme.
A student can study for 1 or 2 semesters at one of RISEBA’s partner universities. The duration of study mobility is 2–12 months.
The student does not have to pay for the period spent in the study and internship exchange programme abroad; the tuition fee is covered by the partner university, but the student continues to pay the RISEBA tuition fee. For the period spent abroad during mobility, the student is awarded an Erasmus+ scholarship to cover the costs of transport and accommodation.
* Erasmus+ internship mobility provides that a student can undergo an internship in one of the companies of interest in one of the Erasmus+ programme countries. For this internship period, the student receives an Erasmus+ scholarship. The duration of internship mobility is 2–12 months.
Find out more about Erasmus+ and how to apply here!

Monta Sapata
Senior study programme administrator
Phone
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E-mail
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Address
108, Meža iela 3
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