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Riga Business School (RTU)

Riga, Latvia · Public · Est. 1991 (within Riga Technical University)

Updated 28 Oct 2026

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Established

1991 (within Riga Technical University)

Type

Public

Location

Riga, Latvia

Ranking

Not ranked

About the university

Riga Business School (RBS) is the English-language business school of Riga Technical University. RTU says it has run within the university since 1991, when it was set up with the State University of New York at Buffalo and the University of Ottawa, and that it has more than 1,000 alumni.

RBS is small and selective. Its three-year BBA in international business management offers double-degree options with BI Norwegian Business School or the University at Buffalo, and a four-year Bachelor of IT Leadership (Computer Science and Organizational Technologies) combines AI and data with management. At master's level it runs a Professional MBA built on North American MBA standards and the MERIT master's in managing smart, resilient systems.

For Indian students, RBS offers an American-style business degree in an EU capital at fees well below US or UK levels, with a holistic admission process (maths exercise, English test and interview) rather than a cut-off. There are no state-funded places, so every student pays fees, but the school has merit scholarships.

The school is in central Riga, Latvia's capital. RBS also hosts an English Language Centre that is a certified TOEFL iBT test centre.

Founded
Operating within Riga Technical University since 1991
Type
Public business school of Riga Technical University (RTU)
Founding partners
University at Buffalo (State University of New York) and the University of Ottawa
Campus
11 Skolas Street, central Riga
Degrees
BBA, Bachelor of IT Leadership, Professional MBA, Executive MBA and the MERIT master's, all in English
Alumni
More than 1,000, according to RTU
Intake
Autumn; non-EU BBA applicants should apply by 15 March

Rankings

    Popular courses with Indian students

    View all 4 courses with filters

    Fees for international students

    Course fees
    CourseDurationFee / year (EUR)Approx. in rupees
    Bachelor of Business Administration (BBA)3 years€7,550≈ ₹8 lakh
    Bachelor of IT Leadership (Computer Science and Organizational Technologies)4 years€7,575≈ ₹8 lakh
    Professional MBA2–3 years (2.5 years nominal); evening classes€10,200≈ ₹10.8 lakh
    MERIT: Management of Smart, Resilient and Interconnected Systems (master's)2 years (120 ECTS); evening classes€6,000≈ ₹6.4 lakh

    Fees are for international students for the entry year shown on each course page and can rise each year. Approximate exchange rates (based on ECB reference rates, March 2026). Actual rates on your payment date will differ.

    Want a course shortlist with fees?Our counsellor will compare courses at Riga Business School (RTU) with similar universities in Latvia.

    Scholarships

    • BBA and Bachelor of IT Leadership

      RBS Excellence Scholarship

      Value: Full tuition for the first year, renewed on academic performance

      Eligibility: Outstanding grades, an excellent Math Entrance Exercise result, strong extracurriculars and leadership, and IELTS 6.5 / TOEFL iBT 79 or higher. Covers study in Riga only.

      Official page (opens in a new tab)
    • Enrolled bachelor's students

      Student Union Scholarship

      Value: 50% off second-semester tuition

      Eligibility: Average grade of at least 8, no failed courses and active involvement in student life; assessed after the first semester.

      Official page (opens in a new tab)
    • Enrolled students

      Vītols Fund

      Value: Support towards tuition and living costs

      Eligibility: High-performing students; contact the fund for the current call.

      Official page (opens in a new tab)

    Admission requirements

    Undergraduate

    • Class 12 completed or in progress. RBS reviews Class 10, 11 and first-term Class 12 marks, especially maths, English and economics/business; there is no fixed minimum percentage.
    • Admission score out of 100: school results 25%, English 25%, and the Math Entrance Exercise, extracurriculars and an online interview (35–45 minutes) 50%.
    • The Math Entrance Exercise covers school algebra; RBS also offers optional pre-university maths and English courses.
    • Two recommendation letters and a motivation statement.
    • Rounds: regular decision 1 February to 15 March, rolling admission 15 April to 2 June. Non-EU applicants should apply by 15 March for visa time. Application fee €150.

    Postgraduate

    • Professional MBA: a bachelor's degree in any field; business study is not required.
    • English test (IELTS 6.0, TOEFL iBT 70, TOEFL ITP 550 or EduSynch B2+), waived if your previous study was in English.
    • CV and, in some cases, an interview.
    • Fall 2027 deadline for applicants with a foreign bachelor's degree: 6 June 2027. Application fee €150.

    Documents

    • Passport copy
    • School transcripts (Class 10–12) or bachelor's diploma with transcript; documents not in English need a translation
    • English test result, or take RBS's online test
    • Two recommendation letters and a motivation statement (BBA)
    • CV and photo (MBA)
    • Proof of the €150 application fee

    Check if you are eligibleShare your marks and test scores and our counsellor will tell you which courses you can apply for.

    English language requirements

    English requirements
    Test or routeTypical requirement
    IELTS Academic6.0 (6.5 for the Excellence Scholarship)
    TOEFL iBT70 (79 for the Excellence Scholarship); RBS is itself a TOEFL test centre
    EduSynchB2 (B2+ for the MBA); can be taken online after applying
    TOEFL ITP550 (MBA)
    WaiverMBA: if your previous studies were in English

    Accommodation and living costs

    RBS does not publish its own housing prices. Most students rent rooms or shared flats in Riga; Riga Technical University's student hostels are another option to ask about once you hold an offer.

    Accommodation and living costs
    ItemIn EURApprox. in rupees

    Campus and location

    RBS is a compact school at 11 Skolas Street in central Riga, with small classes, an English Language Centre and access to the wider Riga Technical University.

    • Building at 11 Skolas Street, Riga.
    • BBA double-degree options with BI Norwegian Business School or the University at Buffalo.
    • MBA graduates receive a Certificate of Recognition from the University at Buffalo and the University of Ottawa.
    • MBA specialisations in marketing, finance, IT and fintech; MERIT is co-funded by the EU's Digital Europe programme.
    • Certified TOEFL iBT test centre on site.

    Careers and graduate outcomes

    RBS says its alumni work as managers in Latvia and abroad, and its MBA classes run in the evenings so students can work. The school does not publish graduate employment figures. For student work rights and post-study options, see our Latvia guide.

    Graduate outcomes
    WhatFigureSource

    Studying in Latvia

    Visa rules, work rights and living costs apply to every university in Latvia. Our country guide covers them in detail:

    Other universities in Latvia

    Compare all universities in Latvia

    FAQs

    Is Riga Business School part of Riga Technical University?

    Yes. RBS is a public school within Riga Technical University and has operated there since 1991.

    How much is the BBA for Indian students?

    For 2026/27 the non-EU fee is €7,550 a year, or €22,650 for the three years. The application fee is €150. There are no state-funded places.

    Do I need IELTS?

    You need IELTS 6.0, TOEFL iBT 70 or EduSynch B2. If you have no test, RBS will invite you to take an online English test after you apply.

    Is there an entrance exam?

    Yes. Bachelor's applicants take the Math Entrance Exercise (school algebra) and an online interview of 35–45 minutes. Extracurricular activities also count towards your score.

    Are there scholarships?

    The RBS Excellence Scholarship covers full first-year tuition for top bachelor's applicants with strong grades, maths test results and IELTS 6.5 or above. Other discounts are for students already enrolled.

    Sources

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