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Smart Economics and Innovations (Professional Master)

daugavpils-university · Daugavpils, Latvia · Master's (postgraduate)

Researched 28 Oct 2026

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Level

Master's

Duration

2 years (or 1.5 years with a 4-year professional bachelor's)

Tuition / year

€3,300 (≈ ₹3.5 lakh)

Intakes

September (autumn 2026 applications ran 5 January to 30 April 2026, later extended)

Course overview

Smart Economics and Innovations (Professional Master) is a postgraduate (master's) course in business & management at daugavpils-university in Daugavpils, Latvia. It takes 2 years (or 1.5 years with a 4-year professional bachelor's), with intakes in September (autumn 2026 applications ran 5 January to 30 April 2026, later extended).

daugavpils-university is a public institution. Read the full course description, modules and entry rules on the official course page.

Key highlights

Key highlights
Universitydaugavpils-university (Public)
LocationDaugavpils, Latvia
CourseSmart Economics and Innovations (Professional Master)
LevelMaster's (postgraduate)
Subject areaBusiness & Management
Duration2 years (or 1.5 years with a 4-year professional bachelor's)
Tuition per year€3,300 (≈ ₹3.5 lakh)
IntakesSeptember (autumn 2026 applications ran 5 January to 30 April 2026, later extended)
English requirementIELTS 6.0, TOEFL iBT 78 (reading 18, listening 18, speaking 19, writing 20), PTE Level 3 (B2) or Cambridge 160

Interested in Smart Economics and Innovations (Professional Master)?A counsellor checks your eligibility and helps you apply, free of charge.

Fees and costs

Tuition for international students is €3,300 a year, about ₹3.5 lakh. Over 2 years that is roughly €6,600 (≈ ₹7 lakh) before any yearly increase.

2026/27 non-EU fee per year

Living costs near the university

Living costs
CostIn EURApprox. in rupees
Sporta street 8, bed in a 3-bed roomExcluding VAT€65per month≈ ₹6,890
Sporta street 8, bed in a 2-bed roomDepends on floor; excluding VAT€80–150per month≈ ₹8,480 – ₹15,900
Parādes street 11, bed in a 2- or 3-bed roomExcluding VAT€90–110per month≈ ₹9,540 – ₹11,660
Single room (Sporta street 6 or 8)Excluding VAT€200per month≈ ₹21,200

Living costs for Latvia as a whole: €9,400–15,000 a year. Approximate exchange rates (based on ECB reference rates, March 2026). Actual rates on your payment date will differ.

Plan my monthly living costs

Eligibility

General entry requirements at daugavpils-university for master's courses. Some courses ask for more, so check the course page.

  • A bachelor's degree with at least 60% in the specialised subjects. Smart Economics and Innovations needs a degree in economics, finance, business, management or sociology (other fields with two years of relevant work experience).
  • The 1.5-year Smart Economics option needs a professional bachelor's of at least four years.
  • English at B2 level and an online interview.
  • Recognition of foreign diplomas by Latvia's Academic Information Centre can take one to four months, so apply early.

English requirements

For this course: IELTS 6.0, TOEFL iBT 78 (reading 18, listening 18, speaking 19, writing 20), PTE Level 3 (B2) or Cambridge 160.

English tests accepted
TestWhat the university asks for
IELTS Academic6.0
TOEFL iBT78, with at least 18 reading, 18 listening, 19 speaking and 20 writing
Pearson PTELevel 3 (B2)
Other testsCambridge English 160, ECL B2 or LanguageCert B2
WaiverProgramme pages say no certificate is needed if your previous secondary or higher education was taught in English; confirm with DU

Need a score? IELTS and PTE coaching is available with us.

Intakes

This course starts in: September (autumn 2026 applications ran 5 January to 30 April 2026, later extended).

Upcoming intakes and deadlines in Latvia

How to apply

  1. Check the entry requirements and the deadline on the official course page.
  2. Take IELTS, PTE or the test the university accepts, if you need one.
  3. Prepare your documents: transcripts, statement of purpose, recommendation letters and CV.
  4. Apply on the university's application portal and pay any application fee.
  5. Accept your offer, meet any conditions and pay the deposit.
  6. Apply for your student visa for Latvia, then arrange accommodation.

Documents you'll need

  • Passport copy
  • Class 12 or bachelor's certificate and transcripts, with notarised English copies, legalised or apostilled
  • English test certificate
  • Photo
  • Proof of the €250 registration fee

About daugavpils-university

Daugavpils University (DU) was founded in 1921 as a teacher-training institution and still keeps a strong tradition in education. It is a state university with over 2,800 students and nearly 50 study programmes, and describes itself as the largest regional state university in Latvia.

DU has two faculties, Humanities and Social Sciences, and Natural Sciences and Healthcare, plus research institutes in life sciences and in humanities and social sciences. It is a member of the European University Association and the European Association for International Education.

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FAQs

What is the fee for Smart Economics and Innovations (Professional Master) at daugavpils-university?

The tuition for international students is €3,300 a year (about ₹3.5 lakh). 2026/27 non-EU fee per year. Fees usually rise each year, so check the course page before you apply.

How long is Smart Economics and Innovations (Professional Master)?

The course takes 2 years (or 1.5 years with a 4-year professional bachelor's).

What English score do I need?

IELTS 6.0, TOEFL iBT 78 (reading 18, listening 18, speaking 19, writing 20), PTE Level 3 (B2) or Cambridge 160. Some universities also accept Class 12 English marks or other tests; confirm on the course page.

When can I start?

Intakes: September (autumn 2026 applications ran 5 January to 30 April 2026, later extended). Apply early: popular courses can fill up before the deadline.

Can Admission Mantra help me apply?

Yes. A counsellor checks your eligibility, helps you prepare your documents and statement of purpose, and guides you through the application and visa. The first conversation is free.

We researched this page on 28 Oct 2026 from the university's own pages. Fees, entry rules and intakes change every year; confirm them on the official course page before you apply. Listing a course doesn't mean Admission Mantra represents the university.

  1. daugavpils-university: Smart Economics and Innovations (Professional Master) (opens in a new tab)
  2. Daugavpils University: admission for international students (opens in a new tab)
  3. Daugavpils University: about the university (opens in a new tab)
  4. Daugavpils University: Business and Financial Processes (opens in a new tab)
  5. Daugavpils University: Smart Economics and Innovations (application portal) (opens in a new tab)

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