What RISEBA University does

RISEBA University of Applied Sciences is a private higher education institution headquartered in Riga, Latvia, founded in 1992 as the Riga International School of Economics and Business Administration. The university operates across three faculties — Business and Economics, Architecture and Design, and Media and Creative Technologies — delivering bachelor's, master's, and doctoral degree programmes, supplemented by continuing education short courses and distance learning options. RISEBA also operates a wholly-owned secondary vocational subsidiary, Profesionālā vidusskola "Victoria." The university serves degree-seeking students and adult learners through on-campus instruction at two Riga locations (Meža iela 3 and the H2O 6 Architecture and Media Centre at Durbes iela 4) and through online distance learning, with international mobility enabled by Erasmus+ partnerships spanning 130+ universities in 35 countries and formal double-degree arrangements with KEDGE Business School, Haaga Helia, and OTH Regensburg.

The institution's core academic infrastructure consists of two digital platforms: e.RISEBA, a Moodle-based electronic learning environment for course materials, assessments, and instructor communication; and my.RISEBA, a student information system handling schedules, grades, financial information, and documentation. Academic operations are supported by modern media studios, video and sound editing suites housed in the renovated H2O 6 facility, and a Career Growth Centre providing internships, mentoring, and job placement. RISEBA holds EFMD EPAS accreditation for two programmes (a unique distinction among Baltic universities), CEEMAN International Quality Accreditation, Latvian state accreditation across five study directions, and EAAE membership since 2022, with active pursuit of AACSB accreditation.

Revenue is generated primarily through tuition fees, with bachelor's programmes priced at EUR 3,100-8,000 per year depending on language of instruction, programme, and student residency status, and separate fee schedules for master's and doctoral programmes. International students from outside the EU/EEA pay premium rates. Go-to-market relies on direct-to-consumer recruitment through the university's website, open-door events (Atvērto durvju dienas), the annual SKOLA education exhibition, direct school outreach, and digital marketing across Facebook, Instagram, LinkedIn, YouTube, and X (Twitter). The university's revenue model is structurally tuition-recurring, with no disclosed funding rounds, parent company, or external investment.

Name

RISEBA University

Legal name

Biznesa, mākslas un tehnoloģiju augstskola "RISEBA" SIA

Website

https://riseba.lv

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

51–100 employees

Short description

RISEBA University is a private Latvian higher education institution founded in 1992, operating three faculties — Business and Economics, Architecture and Design, and Media and Creative Technologies — delivering bachelor's, master's, and doctoral programmes to domestic and international students through on-campus and distance learning channels.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Colleges, Universities, and Professional Schools (611310), Educational Support Services (611710)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Higher Education Course Design & Online Program Development (EDAGAKAB)

akta.pro secondary industry

Online/Hybrid Lifelong Learning Platforms & Open Enrollment Programs (EDAAAEAL)

Keywords

• Higher education services
• Bachelor master programs
• Architecture design studies
• Media creative technologies
• Professional development courses

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Tuition Fees - Bachelor Programs: RISEBA generates revenue primarily through tuition fees charged for full-time and part-time study programs. Bachelor programs range from 3,100 EUR to 6,800 EUR annually depending on language and program type. International students outside EU/EEA pay higher rates.
2. Tuition Fees - Master Programs: Master's level programs generate revenue through annual tuition fees for both full-time and distance learning formats, with programs in Latvian and English languages.
3. Professional Development Courses: Continuing education and short courses for adults including emotional self-regulation, digital marketing, and marketing strategy programs offered as additional paid services.
4. Presentation Items and Merchandise: Sale of branded merchandise including stationery, hoodies, mouse pads, pencils, gift bags, tote bags, keychains, and lunch boxes through the university.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

RISEBA University of Applied Sciences is a private Latvian higher education institution that delivers bachelor's, master's, and doctoral degree programs across three faculties: Business and Economics, Architecture and Design, and Media and Creative Technologies. Programs are offered in Latvian and English, in full-time, part-time, and distance learning formats, with select business programs carrying EFMD EPAS accreditation and double degree options with partner universities in France, Finland, and Germany. Supporting services include the e.RISEBA Moodle-based learning platform, my.RISEBA student portal, a Creative Business Incubator, career development services, and modern creative facilities at the H2O 6 Architecture and Media Centre.

Product overview

RISEBA University of Applied Sciences is a private higher education institution offering a comprehensive portfolio of academic programmes across three faculties: Business and Economics, Architecture and Design, and Media and Creative Technologies. The university provides bachelor's, master's, and doctoral degree programmes, with select programmes featuring prestigious EFMD EPAS accreditation and double degree options with international partner universities. Supporting the academic offerings are digital platforms (my.RISEBA student portal, e.RISEBA learning environment), the Creative Business Incubator for entrepreneurship support, and extensive international exchange opportunities through Erasmus+ partnerships with over 130 universities. The institution serves students through multiple delivery formats including full-time, part-time, and distance learning options.

Differentiator

Problem solved

Functional benefit

Brands

• RISEBA Radošais biznesa inkubators (Creative Business Incubator): Business incubator supporting RISEBA students and graduates in starting and developing new businesses with mentoring, coaching, and infrastructure support.
• RISEBA Architecture and Media Centre H2O 6
• Profesionālā vidusskola "Victoria"

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core, minor and moderate.

• KEDGE Business School (France)coreStrategic or Co-development PartnerDouble degree partner for European Business Studies programme, allowing students to earn two bachelor's diplomas over four years of study.
• Haaga Helia University of Applied Science (Finland)coreStrategic or Co-development PartnerDouble degree partner allowing students to obtain diplomas from both RISEBA and Haaga Helia through exchange and joint programme completion.
• OTH Regensburg (Germany)coreStrategic or Co-development PartnerDouble degree partner enabling students to study at both institutions and receive two bachelor's diplomas.
• European Foundation for Management Development (EFMD)coreOthersInternational accreditation body that has granted EPAS accreditation to RISEBA's European Business Studies and Business Management programmes.
• CEEMAN (International Association for Management Development in Dynamic Societies)coreOthersInternational quality accreditation and membership organization for management development; RISEBA has obtained CEEMAN International Quality Accreditation.
• Association to Advance Collegiate Schools of Business (AACSB)minorOthersInternational business education alliance; RISEBA is working towards AACSB accreditation demonstrating commitment to strategic leadership.
• European Association for International Education (EAIE)minorOthersProfessional network for international education; RISEBA participates in EAIE activities and community.
• Paris Chamber of CommerceminorGTM or Marketing PartnerPartnership for business networking and career development opportunities for students in French-related business programmes.
• British Chamber of CommerceminorGTM or Marketing PartnerChamber of commerce partnership supporting student career development and business connections.
• American Chamber of Commerce (AmCham Latvia)minorGTM or Marketing PartnerBusiness networking partnership connecting students with international companies in Latvia.
• Latvian Chamber of Commerce and IndustrymoderateGTM or Marketing PartnerNational chamber partnership supporting industry connections and career opportunities for students and graduates.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Regional players

• ISM University of Management and Economics: Private Lithuanian business school with English-taught programmes, AACSB-equivalent accreditations, and strong international student intake. Comparable as a neighbouring Baltic private business school with similar international positioning.
• Estonian Business School: Private Estonian higher education institution offering business and management programmes in English with international students. Comparable as a fellow Baltic private business school with similar model and student demographic.

Direct peers

• Stockholm School of Economics in Riga (SSE Riga): Private, English-language business school in Riga with CEMS and EQUIS accreditation, focused on economics and business. Directly competes with RISEBA for internationally-oriented students in Latvia.
• BA School of Business and Finance: Private Latvian business school in Riga offering bachelor's and master's programmes in business, finance, and management with international student focus. Directly comparable as a domestic private competitor targeting similar student segments.
• EKA University of Applied Sciences: Private Latvian university in Riga focused on business, economics, and IT programmes. Comparable as a similar-sized private institution competing for domestic and international students in the same disciplines.
• Turiba University: Private Latvian university of applied sciences in Riga offering business, tourism, and law programmes with international student intake. Direct competitor for the same private higher education student segment.
• Transport and Telecommunication Institute (TTI): Private Latvian university in Riga with strengths in engineering, transport, and business programmes, including English-taught degrees. Comparable as another private Riga-based higher education institution.
• ISMA University of Applied Sciences: Private Riga-based university offering business, IT, and management programmes with multilingual delivery. Comparable as another small private Latvian higher education institution targeting similar international student demographics.

Broad incumbents

• Riga Technical University: Major public technical university in Riga offering engineering, architecture, and business programmes. Competes with RISEBA's Architecture and Media faculties, and represents the public-sector incumbent.
• University of Latvia: Largest public university in Latvia with broad programme coverage in business, humanities, and sciences. Sets the public-sector baseline against which RISEBA's private, international positioning must differentiate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/RISEBA_LV
• YouTubeyoutube.com/@risebaweb
• Facebookfacebook.com/RISEBA.LV
• LinkedInlinkedin.com/school/riseba-university
• Instagraminstagram.com/risebauniversity

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RISEBA University