Latvia

BA School of Business and Finance

Banku augstskola · Higher education institution

2023 graduates in 2024 (1 year on)

Graduates

178

Employed, November 2024

84%

149 graduates

Emigrated

1.7%

3 graduates

Median annual income, 2024

€25,641

mean €31,059; employed graduates only

Income is each employed graduate's total income for the calendar year from State Revenue Service records — every job, self-employment, micro-enterprise and capital income, taxable or not — with no adjustment for full- or part-time work. It is an annual figure, not a salary, and it covers only graduates counted as employed.

All graduates, by year of graduation

Every cohort is measured in the same year: the 2023 graduates one year after graduating, the 2017 graduates seven years after. They are different people, not one group followed over time.

GraduatedGraduatesEmployedUnemployed or inactiveEmigratedNo informationMean income, 2024Median income, 2024
2023 · 1 year on178149 (84%)19 (11%)3 (1.7%)7 (3.9%)€31,059€25,641
2022 · 2 years on224193 (86%)21 (9.4%)1 (0.4%)9 (4.0%)€33,805€28,602
2021 · 3 years on273231 (85%)28 (10%)2 (0.7%)12 (4.4%)€37,010€28,977
2020 · 4 years on240203 (85%)28 (12%)5 (2.1%)4 (1.7%)€33,576€30,734
2019 · 5 years on297252 (85%)35 (12%)1 (0.3%)9 (3.0%)€35,721€30,468
2018 · 6 years on377303 (80%)38 (10%)6 (1.6%)30 (8.0%)€45,504€32,042
2017 · 7 years on375298 (79%)54 (14%)4 (1.1%)19 (5.1%)€39,420€33,779

By level of study

Short-cycle professional higher education (college)

GraduatedGraduatesEmployedUnemployed or inactiveEmigratedNo informationMean income, 2024Median income, 2024
2023 · 1 year on1714 (82%)3 (18%)0 (0%)0 (0%)——
2022 · 2 years on1917 (89%)2 (11%)0 (0%)0 (0%)——
2021 · 3 years on1313 (100%)0 (0%)0 (0%)0 (0%)——
2020 · 4 years on1311 (85%)2 (15%)0 (0%)0 (0%)——
2019 · 5 years on2318 (78%)5 (22%)0 (0%)0 (0%)——
2018 · 6 years on2421 (88%)2 (8.3%)0 (0%)1 (4.2%)——
2017 · 7 years on3529 (83%)6 (17%)0 (0%)0 (0%)——

Professional bachelor's degree

GraduatedGraduatesEmployedUnemployed or inactiveEmigratedNo informationMean income, 2024Median income, 2024
2023 · 1 year on11294 (84%)10 (8.9%)3 (2.7%)5 (4.5%)€24,797€22,783
2022 · 2 years on128109 (85%)15 (12%)1 (0.8%)3 (2.3%)€30,302€25,695
2021 · 3 years on176144 (82%)24 (14%)2 (1.1%)6 (3.4%)€35,378€28,209
2020 · 4 years on140117 (84%)16 (11%)4 (2.9%)3 (2.1%)€28,801€26,475
2019 · 5 years on160139 (87%)15 (9.4%)1 (0.6%)5 (3.1%)€31,760€29,355
2018 · 6 years on221174 (79%)23 (10%)3 (1.4%)21 (9.5%)€48,791€31,137
2017 · 7 years on238189 (79%)35 (15%)2 (0.8%)12 (5.0%)€36,222€31,379

Professional master's degree

GraduatedGraduatesEmployedUnemployed or inactiveEmigratedNo informationMean income, 2024Median income, 2024
2023 · 1 year on4941 (84%)6 (12%)0 (0%)2 (4.1%)€46,965€35,440
2022 · 2 years on7767 (87%)4 (5.2%)0 (0%)6 (7.8%)€40,026€36,025
2021 · 3 years on8373 (88%)4 (4.8%)0 (0%)6 (7.2%)€41,197€33,348
2020 · 4 years on8775 (86%)10 (11%)1 (1.1%)1 (1.1%)€41,989€39,218
2019 · 5 years on11495 (83%)15 (13%)0 (0%)4 (3.5%)€44,304€37,654
2018 · 6 years on132108 (82%)13 (9.8%)3 (2.3%)8 (6.1%)€44,152€37,679
2017 · 7 years on10280 (78%)13 (13%)2 (2.0%)7 (6.9%)€50,037€43,925

Doctoral degree

GraduatedGraduatesEmployedUnemployed or inactiveEmigratedNo informationMean income, 2024Median income, 2024
2021 · 3 years on1——————

By programme group (8)

Each line shows the group's newest cohort; open it for every cohort. The file gives study levels and programme groups as codes of the Latvian education classification (Cabinet Regulation No. 322); the English names are our translations. A few groups from an older edition of the classification aren't named in it and are shown by thematic area with their number.

Short-cycle professional higher education (college)

Accounting and taxationBusiness and administration2023: 17 graduates · 82% employed
GraduatedGraduatesEmployedEmigratedMedian income, 2024
2023 · 1 year on1714 (82%)0 (0%)—
2022 · 2 years on1917 (89%)0 (0%)—
2021 · 3 years on1313 (100%)0 (0%)—
2020 · 4 years on1311 (85%)0 (0%)—
2019 · 5 years on2318 (78%)0 (0%)—
2018 · 6 years on2421 (88%)0 (0%)—
2017 · 7 years on1512 (80%)0 (0%)—
Finance, banking and insuranceBusiness and administration2017: 20 graduates · 85% employed
GraduatedGraduatesEmployedEmigratedMedian income, 2024
2017 · 7 years on2017 (85%)0 (0%)—

Professional bachelor's degree

Finance, banking and insuranceBusiness and administration2023: 71 graduates · 87% employed · median €22,315
GraduatedGraduatesEmployedEmigratedMedian income, 2024
2023 · 1 year on7162 (87%)2 (2.8%)€22,315
2022 · 2 years on10086 (86%)1 (1.0%)€26,471
2021 · 3 years on130105 (81%)2 (1.5%)€28,730
2020 · 4 years on10184 (83%)4 (4.0%)€26,608
2019 · 5 years on10790 (84%)1 (0.9%)€32,256
2018 · 6 years on148119 (80%)3 (2.0%)€31,152
2017 · 7 years on161125 (78%)1 (0.6%)€33,073
Management and administrationBusiness and administration2023: 37 graduates · 78% employed
GraduatedGraduatesEmployedEmigratedMedian income, 2024
2023 · 1 year on3729 (78%)1 (2.7%)—
2022 · 2 years on2823 (82%)0 (0%)—
2021 · 3 years on4639 (85%)0 (0%)€25,302
2020 · 4 years on3933 (85%)0 (0%)€26,344
2019 · 5 years on5349 (92%)0 (0%)€22,619
2018 · 6 years on7355 (75%)0 (0%)€30,820
2017 · 7 years on7764 (83%)1 (1.3%)€28,506
Software and applications development and analysisInformation and communication technologies2023: 4 graduates
GraduatedGraduatesEmployedEmigratedMedian income, 2024
2023 · 1 year on4———

Professional master's degree

Finance, banking and insuranceBusiness and administration2023: 27 graduates · 89% employed
GraduatedGraduatesEmployedEmigratedMedian income, 2024
2023 · 1 year on2724 (89%)0 (0%)—
2022 · 2 years on3129 (94%)0 (0%)—
2021 · 3 years on3938 (97%)0 (0%)€30,316
2020 · 4 years on5141 (80%)1 (2.0%)€39,218
2019 · 5 years on7360 (82%)0 (0%)€38,798
2018 · 6 years on7864 (82%)1 (1.3%)€40,117
2017 · 7 years on5039 (78%)2 (4.0%)€44,759
Management and administrationBusiness and administration2023: 22 graduates · 77% employed
GraduatedGraduatesEmployedEmigratedMedian income, 2024
2023 · 1 year on2217 (77%)0 (0%)—
2022 · 2 years on4638 (83%)0 (0%)€38,112
2021 · 3 years on4435 (80%)0 (0%)€40,954
2020 · 4 years on3634 (94%)0 (0%)€39,007
2019 · 5 years on4135 (85%)0 (0%)€32,389
2018 · 6 years on5444 (81%)2 (3.7%)€35,302
2017 · 7 years on5241 (79%)0 (0%)€39,137

Doctoral degree

Management and administrationBusiness and administration2021: 1 graduates
GraduatedGraduatesEmployedEmigratedMedian income, 2024
2021 · 3 years on1———

How to read these figures

Status is each graduate's situation in November of the year measured. “Unemployed or inactive” is one figure in the source: it includes people registered as unemployed and people outside the labour market — among them graduates studying without a job — so it is not an unemployment rate. “Emigrated” is the Central Statistical Bureau's estimate of who left Latvia. “No information” covers graduates with no personal code in the education register and those on short-term residence permits, which includes many foreign graduates — so the employed share understates institutions with many international students.

To protect privacy the ministry withholds detail: the status split where 5 or fewer graduates in a group were employed, income where 30 or fewer were, and income for doctoral graduates altogether. A dash means withheld, not zero — and we never work a withheld figure out from the others.

Other institutions in Latvia: University of Latvia, Riga Technical University, Rīga Stradiņš University, Latvia University of Life Sciences and Technologies, Daugavpils University, Turība University, Pauls Stradiņš Medical College of the University of Latvia, Business Management College, Liepāja University, RISEBA University of Applied Sciences, ISMA University of Applied Sciences, Baltic International Academy, Rēzekne Academy of Technologies, Transport and Telecommunication Institute, Art Academy of Latvia, Latvian Academy of Sport Education, EKA University of Applied Sciences, State Police College, Jāzeps Vītols Latvian Academy of Music, Latvian Academy of Culture, Red Cross Medical College of Rīga Stradiņš University, Ventspils University of Applied Sciences, College of Law, Vidzeme University of Applied Sciences, Stockholm School of Economics in Riga, Riga 1st Medical College of the University of Latvia, Riga Medical College of the University of Latvia, Alberta College, Riga Graduate School of Law, Riga Technical College, International Cosmetology College, Daugavpils Medical College of Daugavpils University, National Defence Academy of Latvia, Liepāja Maritime College of Riga Technical University, Latvian Culture College of the Latvian Academy of Culture, Riga Building College, Riga Aeronautical Institute, Jēkabpils Agrobusiness College, State Border Guard College, Fire Safety and Civil Protection College, College of Accounting and Finance, Malnava College of the Latvia University of Life Sciences and Technologies, Social Integration State Agency, Riga Management College, Olaine College of Technology of Riga Technical University, Novikontas Maritime College, Luther Academy, European Christian Academy, Riga Higher Institute of Religious Sciences (Pontifical Lateran University), Latvian Maritime Academy, BA Business College, Pauls Stradiņš Medical College of the University of Latvia, Rēzekne branch, Transport and Telecommunication Institute, Latgale branch, Riga Aeronautical Institute, Daugavpils branch

Source: Ministry of Education and Science of the Republic of Latvia (Izglītības un zinātnes ministrija), “2017_2023.g. Latvijas augstākās izglītības iestāžu absolventi 2020.–2024. monitoringa gados”, tax year 2024 file, data.gov.lv, released under CC0 1.0. English names, translations of the classification codes, shares and the selection shown are CollegeMatcher's.