The study modules are reviewed and updated annually in order to deliver the most competitive content that reflects the ever-changing world of business and meets the needs of executives.

Historically, business education was about knowledge – the acquiring of facts previously unknown to the learner.

Today, the knowledge that sets a business leader apart is the knowledge one cannot google.

Such a leader is truly FREE – a concept that the Stockholm School of Economics family puts at the very core of all of its programmes. F.R.E.E. acronym stands for Fact and Science Mindset, Reflection and growing greater Self-Awareness, Empathy and Cultural Literacy and being Entrepreneurial and Responsible.

Programme Curriculum

EMBA module content

Core Modules may be changed – a detailed study schedule for both study years is provided at the beginning of the study year.

Competitive Strategy


Lecturer Yuri Romanenkov

In the Competitive Strategy course, you will explore what is competitive advantage and how does a leader define an integrated set of choices for an organization that result in competitive advantage.

You will practice a set of analytical tools and models that can help business leaders define an integrated set of choices that positions an organization in its environment to achieve its vision over the long term.

Fact-based Managerial Decision-Making & Research Methods


Lecturer Zane Vārpiņa

The course is designed to introduce EMBA students to the use of facts to make better managerial decision and train the fact and science-based approach and quest for scientifically produced knowledge. 

Students will be introduced to the principal toolkit and knowledge to understand and be able to critically evaluate analytical reports and empirical research, as well as conduct research themselves. 

Analytics & Storytelling with Data


Lecturer Rihards Garančs

The course is designed to introduce EMBA students to data management, analysis and visualization.

In the first part of the course students will focus on data management, principles of building databases, and suggestions on creating overall Business Intelligence architecture. In the other part student will focus on visualizing and presenting the insights for the end user. In addition, course will cover challenges & strategies for implementing Data Driven Decision Making (DDDM) & Digital Transformation (DT) in a company.

Financial Reporting & Analysis


Lecturer Katerina Hellström

The course will take the participants on a journey through the language of business; that is accounting. Accounting (financial) information helps decision makers to make qualified decisions may it be investments, raising funds or costing.

You will get a solid understanding of tools for analysis of profitability, financial position and liquidity. You will be able to asses major corporate decisions from an accounting and financial perspective. You will also study the relationships between firm´s profitability, growth and capital structure.

Management Accounting, Performance Measurement & Control


Lecturer Milda Tylaitė

The course is a comprehensive introduction to managerial accounting. Managers use accounting information to plan the direction of their business, to make specific short- and long-term decisions, and to evaluate the performance of businesses and managers.

Upon completion of this course, you will have a good understanding of the types of planning, budgeting, reporting, and evaluation systems that companies utilize, and how those systems contribute to effective decision-making and management control.

Financial Economics


Lecturer Antete Pajuste

This course is a rigorous introduction to the principles of modern financial economics and corporate finance. It is designed to cover the areas of finance that are important to all managers whether or not they specialize in finance.

For those that choose to specialize in finance this course lays the foundation upon which specialized skills can be developed; for those that do not specialize in finance this course aims to provide the knowledge necessary to understand how and why financial tools are used within a company and what principles underpin financial decisions within companies.

Business & Government in the Global Economy


Lecturer Dominik Gerber

Rather than just focusing on macroeconomic theory, in this course we ask students to put themselves in the shoes of e.g. policy makers and investors to understand their perspectives better.

During case study discussions we will cultivate a way of thinking about the global macroeconomic environment that combines data-driven analysis and strategic reflection about developments that evade the certainty of numbers. Students will learn to improve their strategic decision-making in today’s global economy and to strengthen the preparedness of their organization in coping with current and future macro challenge.

Influencing & The Science of Human Behaviour


Lecturer Heidi Reinson

This interdisciplinary course brings together insights from behavioural economics, psychology, neuroscience and sociology to better understand what drives our and decisions of others.

Students will explore the best practices from global thought leaders with cases and examples from both the private as well as public sector domains. The insights from the course will elicit better understanding of the decision-making processes both within the organization (employees) as well as that of outside stakeholders (customers and other partners).

Corporate Governance


Lecturer Timur Uman

Corporate Governance course explains how corporate governance fits into the general economic framework and what implications it has for institutions that have been created to enhance the governance of large corporations.

The course will draw on several in-depth real-life case studies. The cases will focus on how the key concepts and theories of corporate governance can be applied to solve real-world business problems, and how different types of corporate governance mechanisms can enhance or impede organizational performance and development. Finally, discuss the role of corporate governance practices in times of crisis and their role in building resilience. 

Leaders as Coaches: Feedback for Personal Development


Lecturer Barbara Bock-Walenta

Open feedback is a key ingredient for high performing teams and for our personal development. As humans, we instinctively react to threatening situations and impactful feedback should be respectful and irrefutable. In this very hands-on workshop, which will conclude your first-year studies, students will learn and practice to lead yourself and to support personal development of your teammates.

Business With Purpose and Sustainable Finance


Lecturer Edo Briola


Lecturer Karen Willson

The aim of this course is to provide a rationale on why more and more companies talk about Corporate Purpose to their stakeholders, and why are businesses focusing their strategy on Social and Environmental impact alongside Profit.

In this module, students will have an opportunity to learn and think about sustainability in terms of economic, environmental and social outcomes. They will discuss different ways that investors, businesses and social purpose organisations can achieve these goals and discuss how the outcomes might be measured.



Lecturer Pekka Helle

Marketing is a complex business function which requires both knowledge of and skill in strategy formulation and implementation. It necessitates a systematic and disciplined approach (strategy).

This module helps to build understanding of the marketplace and customer needs and wants, designing a customer-centric marketing strategy, capturing value from customers and relationships – making a profit and building customer equity.

Leading Change


Lecturer Peter Zashev

It is a challenging task to sharpen one’s abilities to be mindful and observant, beware of the macro-trends and connect the dots as to come with a vision for the company/business.

Leaders should be able to drive change across the organization and the bigger the change or the organization the more difficult the process. Evidence suggests that there is certain system and models that help leaders drive change in a systematic way.

This course will introduce you to instruments to influence colleagues and employees, convince them to support new ideas and initiatives and make them embrace change.

Advanced Negotiations


Lecturer Javier Marcos-Cuevas

This course will address different types of negotiation, though the emphasis will be on integrative approaches to negotiation, where the parties aim to reach mutually satisfactory deals. This will often depend on the negotiator’s ability to identify and create sources of mutual value, and to establish fair standards to reach agreement.

The programme will address the behavioural as well as tactical dimensions of negotiation, providing tools and concepts to better plan and execute negotiations.

Law for Managers


Lecturer Ingrīda Kariņa-Bērziņa

The objective of this course is to introduce students to legal systems and legal thinking. We will focus on three key areas: law and legal institutions, contracts, and leveraging legal counsel in the innovative company.

The course introduces students to the role of the law in managing a business and students will gain an understanding of how to identify legal issues and apply legal reasoning and strategies.

Corporate Strategy


Lecturer Yuri Romanenkov

This module considers the theory and the best practices of corporate strategy formulation and implementation.

This course will equip you with the frameworks, tools, and concepts you will need to understand corporate strategy formulation and implementation. This course will help you learn how to manage the organization’s competitive position and development, in order to ensure its long-term success and survival.

International Immersion Trip


Lecturer Sapna Reena Advani

This is a weeklong trip and study module which takes place in Asia region.

The purpose of this module is to give students an immersive experience on Asian economic, business, and entrepreneurial environment, leadership culture, socio-political reality, consumer preferences, and future prospects.  And to help students validate the various pieces of information they have gathered about Asia from their own experience and see how it all fits together in the global picture by meeting and having discussions with C-suite executives, entrepreneurs, academics, and small-business owners in their local settings.

Field Project

During the 10 months period in a group of 4-5 EMBA students explore a challenge and/or opportunity of selected organization and developed analysis and suggestions based on theoretical and best practice research as well as on their experience, knowledge and skills of the members.

They learn on how to create the most value for the organisation in the context & scope of Field project. Moreover, throughout the project students get in depth understanding about leadership and team dynamic analysis and development.


We are tightly integrated with the Stockholm School of Economics – each EMBA student can choose up to 2 elective courses for EMBAs curriculum, which take place in mixed groups.

International Exchange Programme – GNAM

Launched in 2012, the Global Network for Advanced Management includes more than 30 top leading business schools from diverse regions, countries, cultures, and economies.

Global Network Courses connect students from multiple member schools online for lectures and discussions, and collaborative team projects, developing teamwork skills and cross-cultural perspectives.

Executive Master Thesis

The purpose of the Thesis is to demonstrate that the program student has mastered the usage of analytical and practical tools taught in the EMBA programme and can successfully apply them to diagnosing and solving business management problems.

Executive Master Thesis is a practical research work, involving the analysis of a specific management problem, and evaluation of the results of the analysis, which serves as a basis for developing specific proposals and implementing an appropriate solution to the problem. The Thesis may be written either individually, or in teams of two students.

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until June 1, 2023

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Preparing for the future involves present actions. It means being prepared for challenges ahead, for continuous uncertainty. The SSE Riga Executive MBA programme offers a scientific foundation, practical depth and a strongly developed international contact base.

— Kersti Luha
Estonia, Class of 2022

The main Executive MBA advantage for me personally was gaining strategic thinking skills. To think more broadly and responsibly, to plan in the long term, to predict situations better than others.

— Uldis Mucinieks
Latvia, Class of 2012

Now that the lectures are over, I look back on them as a good vacation, one where being away from everyday activities allowed me to come up with fresh and innovative ideas for my business.

— Jānis Bethers
Latvia, Class of 2012