Content

Content...........................................................................................................................1

1. Decisions on the programme of studies..................................................................2

2. Evaluation of the programme of studies.................................................................32.1. Aims and objectives of the programme of studies......................................................................3

2.2. Content of the programme of studies..........................................................................................4

2.3. Employers` Surveys....................................................................................................................8

2.4. Compliance with the Occupational Standard.............................................................................9

2.5. Assessment system....................................................................................................................11

2.6. Students of Banking Institution of Higher Education...............................................................12

2.7. Student involvement in the improvement of study process.......................................................13

2.8. Students’ opinion surveys.........................................................................................................14

2.9. Graduates’ opinion surveys......................................................................................................15

2.10. Academic staff.........................................................................................................................17

2.11. Provision of the study courses................................................................................................19

2.12. List of BIHE full time lecturers at the programme of studies.................................................20

2.13. Planning of field practice.......................................................................................................22

2.14. The divisions of Banking Institution of Higher Education involved in the implementation of the programme of studies.................................................................................................................23

2.15. Description of material provision...........................................................................................24

2.16. Costs of the programme of studies..........................................................................................27

2.17. International cooperation of Banking Institution of Higher Education.................................28

3. On the possibilities to complete education............................................................32

4. Advertising and public awareness.........................................................................33

5. The programme of studies development plan......................................................34

DIPLOMA OF HIGHER PROFESSIONAL EDUCATION.................................37

DIPLOMA SUPPLEMENT.......................................................................................38

List of the documents for accreditation and their location.....................................39

1

1. Decisions on the programme of studies

The programme of professional studies “Business Administration” (453412), which envisages the acquisition of a Bachelor’s degree in Business Administration and qualification of a Business Manager, has been licensed on the 30th of May, 2003.The Licence is valid till 30.05.2006.License No.04046-3.

On the 19th of June 2003, the Senate of Banking Institution of Higher Education (BIHE) adopted a decision to commence the implementation of the licensed programme “Business Administration”.

The responsible person for the implementation of the programme of studies is associated professor, Acting Rector Dr.oec. U.Zālītis.

Please find attached the License and an excerpt from the Senate’s decision in the appendix to this application “Additional Information”.

2

2. Evaluation of the programme of studies

2.1. Aims and objectives of the programme of studies

The aim and objectives of the higher professional education Bachelor’s programme in “Business Administration” at Banking Institution of Higher Education (BIHE) are in compliance with the national strategic objectives for the second level of higher professional education; the requirements regarding the tasks, duties, skills and competencies have been determined in accordance with the occupational standard, and the strategic objectives of Banking Institution of Higher Education.

The strategic objectives of Banking Institution of Higher Education are the following: to prepare academically educated and professionally trained specialists for the national

economy of Latvia; to promote the competitiveness of graduates in a single European and global labour market; to develop a well educated and creatively thinking personality; to ensure quality standards in the development of higher education institution in a

dynamically changing environment.

The implementation aim of the higher professional education Bachelor’s programme of studies “Business Administration” at Banking Institution of Higher Education is to provide the opportunity for acquiring knowledge, skills and competencies required for business administration, and to prepare competent business managers for national economy, who are competitive under changing social – economic conditions.

Objectives of the programme:

1. To provide competitive higher professional business education and to prepare students for practical work.

2. To develop students’ scientific research skills and abilities. 3. To provide students with broad knowledge and understanding of the regularities of economic

development and processes in the changing national economy environment, as well as state and public administration and essential functional areas for the business activities.

4. To develop students’ business administration skills and abilities to apply the acquired knowledge in compliance with the set objectives.

5. To promote the development of a student as a free, responsible and creative personality. 6. To develop in students the general competencies required by labour market today. 7. To develop students’ skills to upgrade the level of their academic and professional knowledge

independently.8. To promote further updating of programme’s content and study process in line with the

developments in national economy, international market and technologies.

The second level higher professional education diploma for the professional degree of a Bachelor and qualification of a “Business Manager”, which complies with the Level 5 professional education, is awarded to a student, after he/she has completed the programme and met all the national standard requirements of higher professional education Bachelor’s programme of studies.

The awarded qualification certifies that the graduates have acquired the skills to identify and outline the basic principles for company operation, plan and manage the work in line with the company objectives, to work with people and be ready for different challenges in the rapidly changing business environment.

The acquired knowledge entitles them to continue their education on a higher level.

3

2.2. Content of the programme of studies

The scope of the programme of studies and each separate study course is expressed in credits and contact hours, in compliance with the Cabinet of Ministers Regulation No.481 of 20th November 2001. The total scope of the programme is 170 credits. One credit, according to the Law on Higher Education Institutions, corresponds to the student’s work load – 40 academic hours or one week of studies.

The programme has been approved by the Banking Institution of Higher Education Senate Meeting on 13th March 2003.

The length of studies is not less than 4 years. One academic year for full time studies is divided into two semesters, which are followed by an examination period. As to part time studies the academic year is divided into examination periods, during which students can attend lectures, practical classes and take examinations/tests. Professional field practices are envisaged during the study period. Studies start in September.

The following pages give more detailed information about the programme of studies.The main components of the programme are the following:

study courses 125 credits, or 73,5% of the total scope, field practice 26 credits, or 15,3% of the total scope, course papers and projects 7 credits, or 4,1% of the total scope, Bachelor’s paper 12 credits, or 7,1% of the total scope. Graduation examination

in Business Administration

Professional Bachelor’s degree diploma and qualification can be awarded to a student, who has successfully met all the requirements of the programme, defended his/her Bachelor’s paper, and passed graduation examination in Business Administration.

Courses of the programme of studies (total number of contact hours 3144) are clustered into

4 groups: courses of general studies 22 credits, or 17,6%, courses in the corresponding science field 36 credits, or 28,8%, courses in specific professional

studies 61 credits, or 48,8%, optional study courses 6 credits, or 4,8%.

The programme has been devised in the way that students can get a holistic picture of the functions and processes of national economy, and most essential areas of company’s operation, putting special emphasis on the administration aspect and the interaction between the theory of administration and practice.

The programme has been developed in cooperation with the representatives from companies and institutions in order to validate that the programme is applicable in a real working environment. Guest lecturers are attracted to ensure that the necessary contacts are established for students’ field practice. In cooperation with BIHE and employers the themes and topics for innovation projects are identified. Course and Bachelors` papers being attractive for both parties (educators and employers) are offered.

The programme is internationally oriented so that students can acquaint themselves with the relationships of global economy in depth. Therefore, the program envisages the acquisition of either English or German as a foreign language for special purposes and business, as well as the opportunity to learn a second foreign language is offered.

4

The purpose of the courses of general studies is to provide students with the knowledge on the fundamentals of sciences, thus ensuring the requirement of higher education: to educate versatile new generation, with a broad humanitarian vision, harmonious internal and external culture.

The purpose of the courses in the corresponding science field is to provide the scientific rationale of business economy and administration sciences, enabling students to acquire general and professional skills in their speciality.

The purpose of the courses in specific professional studies is to provide knowledge, which ensures the possibility of students to acquire the expected qualification of business manager to carry out successful professional activity.

Optional courses of 15 credits are offered, and, in order to meet the programme’s requirements, at least 6 credits have to be obtained. The purpose of these courses is to provide the students the possibility to acquire additional knowledge in the branch or master skills that are useful for their professional activity.

Please find attached the descriptions of study courses in the appendix “Additional Information”.

In the study courses it has been envisaged to interpret general theoretical statements with case studies from professional practice and actual economy, as well as to generalise concrete facts in the form of theoretical conclusions. The study courses consist of lectures, seminars, workshops, consultations, independent work, and tests/examinations depending on the content of the respective course. In most of the courses the amount of students’ independent work constitutes 32% of the total scope of the study course.

A successfully completed professional Bachelor’s education programme entitles the graduates to continue their education in Master’s programme of studies.

Banking Institution of Higher Education’s programme of studies has been compared to the programmes of other higher education establishments:

1. Programme of Dublin University.

2. Programme of Estonian Business School.

3. Programme of Mikkeli Polytechnic.

Find attached the comparison of the programmes of other higher education institutions in the appendix “Additional Information” to this application.

5

Higher professional education Bachelor’s programme of studies “Business Administration”

No. Title of the study courseNumber

of contact hours

Number of credits Form of assess-ment

1. sem

2. sem

3. sem

4. sem

5. sem

6. sem

7. sem

8. sem

General 1 Business English/German 156 2,5 1,5             test., exam2 English/German for Special Purposes 222     1,5 1 1,5 2     test., exam3 Office Work 24 1               test.4 Mathematics 120 3 2             test., exam5 Computer Science 128 3 1             test., exam6 Philosophy 36         2       exam

                       Total: 686 9,5 4,5 1,5 1 3,5 2 0 0  

Science Field7 Microeconomics 76 1 2             exam8 Macroeconomics 64     3           exam9 Marketing I 32 1               test.

10 Financial Accounting I 140 2,5 2,5             test., exam11 Management 56     2           exam12 Statistics 60   1 1           exam13 Law I 56     2           exam14 Finances I 58   1 1           exam15 Econometrics 36         2       exam16 Operations Research 32           2     test.17 International Entrepreneurship and

Competition48 2 exam

18 Financial System 232   4 3 1   2     exam                       

Total: 890 4,5 10,5 12 1 2 4 2 0  

Specific professional 19 Economics of Entrepreneurship 112 3 2             exam20 Taxation 120     4 1         test., exam21 Law II 64         2 1     test., exam22 Civil Defence & Work Safety 28       1         test.23 Financial Accounting II 48     2           exam24 Management Accounting 48         2       exam25 Auditing 36         2       exam26 Marketing II 36       2         exam27 Business Communication 76   2         1   test.28 Human Resource Management 36             2   exam29 Project Management 64         3       exam30 Marketing III 24             1   test.31 National Economy of Latvia 32           2     exam32 Finances II 56         2       exam33 Company Strategic Management 96           2 2   exam34 Sociology & Organizational

Behaviour 80 1

     1 1

   test., exam

35 Logistics 36           2     exam36 Management Information Systems 56             2   exam

No. Title of the study course Number Number of credits Form of

6

of contact hours

assess-ment

1. sem

2. sem

3. sem

4. sem

5. sem

6. sem

7. sem

8. sem

37 Financial Management 56             2   exam38 Financial Accounting III * 180         2 4     test., exam39 Information Systems Development * 56           2     exam40 Algorithms & Programming * 112         3 2     exam41 Tourism Management 64             3   exam42 Trade Management 64             3   exam

Total: 1580 4 4 6 4 17 16 16 0 0

Optional study courses43 History of Culture 40 1 1             test.44 History of Economy of the Baltic

States 40 1 1

           test.

45 Principles of Website Designing 20     1           test.46 European Integration 24     1           test.47 Foreign Language: German or

English (elective) 128

       2 2

   test., exam

48 Political Science 48           2     exam49 Public Relations 24             1   test.50 E - commerce 20             1   test.51 Criminal Law 28             1   test.

Total: 372 2 2 2 0 2 4 3 0 0

Study papers, field practices and national examination

  Course Paper - Business Plan     2                Course Paper in Business         2          

  Innovation Project/Applied Research             3        Field Practice         16       10    Bachelor’s Paper                 12  

 Graduation Examination in Business Administration                    

* students have the possibility to acquire only one direction of the programme (No.38 or 39+40)

Head of the Department of Studies Inese Vingre-Ruskule

7

2.3. Employers` Surveys

Banking Institution of Higher Education has established a good tradition of surveys of employers and placement providers. Employers’ surveys are basically done in the form of students’ applied research, and their purpose is to find out whether the curriculum meets the market demands and whether the graduates will be demanded in the labour market. The surveys carried out by the higher education institution can be divided into two stages: 1. More than 50 companies, where the graduates of BIHE work, are included in the sample by

random choice. Companies are selected by specific company profile, its size and development perspectives of the company. The conclusion of this survey was that during the last 2 years, there has been a rapid increase in the necessity for highly qualified specialists with higher professional education.

When surveying companies, full information has been given about the professional programme of studies provided by BIHE, with a request to express their opinion on it. Having evaluated and summarised data, it can be concluded that:

the offered programme of studies fully meets the current requirements of labour market; the programme gives and adequate preset for the acquisition of professional qualification; the programme is attractive in terms of time and length of studies (the chosen study period

satisfies employers).2. On request of Banking Institution of Higher Education a survey has been carried out among the

biggest associations and well-known companies in Latvia, with the aim to evaluate the study programme: Latvian Chamber of Industry and Commerce, Latvian Association of Business Consultants, Association of Light Industry Companies, JSC „Lode”, “Kalnozols un partneri” Ltd., etc.

Summarising the feedback, it can be concluded that the main advantage of this programme is the right balance of the programme and professional field practice.

The management and administrative staff of Banking Institution of Higher Education have been introduced with the feedback and results of applied research.

Find attached employers’ feedback in the appendix “Additional information” to this application.

8

2.4. Compliance with the Occupational Standard

In order to ensure the compliance of the programme with the standard of a Business manager (administrator of a company and establishment), the structure of knowledge and skills required for managerial work, used in the standard, has been applied also in the programme. Find attached the Standard in the appendix “Additional Information” to this application.

The tables below show the study courses provided for the acquisition of the respective knowledge and skills.

Correspondence to the requirements set by Occupational Standard

Knowledge

Knowledge Study courses

1. Knowledge of the functional areas essential for commercial activities1.1. Marketing management Marketing1.2. Financial management,

financial and management accounting

Financial Accounting, Management Accounting, Finances, Financial System, Financial Management, Auditing, Taxation

1.3. Human resource management and organizational behaviour, legal relationships at work

Human Resource Management, Management, Sociology and Organizational Behaviour, Labour Law

1.4. Organisation of production/services, logistics, management information systems, quality systems management, work safety

Economics of Entrepreneurship, Logistics, Management Information Systems, Company Strategic Management, Civil Defence and Work Safety, E-commerce

1.5. Legislation of commercial activity

Law, Labour Law, Criminal Law

2. Knowledge supporting the understanding and acquisition of theoretical economics and management sciences

2.1. Theory of economics Macroeconomics, Microeconomics, National Economy of Latvia

2.2. Economy – mathematical methods

Mathematics, Econometrics, Operations Research, Statistics

3. Integrating knowledge and skills3.1. Strategic management Company Strategic Management, Project Management3.2. International environment of

commercial activityInternational Entrepreneurship and Competition, Business Communication, European Integration, Political Science

4. General knowledge and skills4.1. State language Knowledge and skills are demonstrated in the entrance

examination and developed in the courses of Business Communication and Office Work

4.2. Foreign language Business English/German, English/German of Special Purposes, Foreign Language (elective)

4.3.Communication skills Business Communication, Sociology and Organizational

Behaviour, Philosophy, Management, Human Resource Management, Public Relations

9

Skills

The required skills are acquired:- during the respective study courses, - when developing the independent study projects/papers,- during field practices.

Skills to be acquired Study coursesCommon professional skills

Macroeconomics, Microeconomics, National Economy of Latvia, International Entrepreneurship and Competition, Financial System, Management, Econometrics, Operations Research, Statistics, Law, Business Communication, Sociology and Organizational Behaviour, Project Management, Philosophy

General professional skills and abilities

Business Communication, Project Management, Management, Human Resource Management, Sociology and Organizational Behaviour, Computer Sciences, Marketing, Law, Civil Defence and Work Safety, Public Relations, Political Science, Foreign Language, E-commerce

Special profession skills Management, Company Strategic Management, Management Information Systems, Economics of Entrepreneurship, Financial System, Management Accounting, Financial Management, Financial Accounting, Finances, Taxation, Marketing, Human Resource Management, Sociology and Organizational Behaviour, Office Work, Labour Law, Civil Defence and Work Safety, Criminal Law, Logistics, Tourism Management, Trade Management

Having studied the descriptions of the listed study courses, the conclusion can be drawn that the programme provides the acquisition of knowledge and skills determined by the occupational standard of business manager’s profession. Find attached the descriptions of the study courses in the appendix “Additional Information” to this application.

10

2.5. Assessment system

The following assessment principles are applied at Banking Institution of Higher Education:

the principle of summing positive achievements – the acquired education is assessed by summing up the positive achievements;

the compulsory assessment principle – a positive assessment has to be obtained for the acquisition/ completion of the main components of the programme;

the transparency and clarity principle of requirements – a set of main requirements has been determined for the assessment of the acquired education in line with the aims and objectives of the programme;

the assessment validity principle – during the tests/examinations with the help of adequate tasks and cases, an opportunity is given to demonstrate one’s analytic and creative abilities, knowledge, skills and competencies for different levels of acquisition. The scope of tests/ examinations corresponds to the content of the programme courses and the requirements for knowledge and skills set by the occupational standard.

In compliance with the Ministry of Education and Science, Republic of Latvia, Instruction No.208 of 14.04.1998, the achievements of students are assessed in terms of 10-point scale and according to the assessment criteria adapted to the requirements of Banking Institution of Higher Education. The lowest positive evaluation is 4 points (nearly middling). In order to use the assessment system of six levels scale (A, B, C, D, E, and F) within the framework of international cooperation, the comparison procedure of both assessment systems is being applied.

After the acquisition of each study course, students have to take a test or examination. The assessment type either oral written or combined is determined by the lecturer. The final assessment on the acquisition of a study course might include formative assessment of student’s work during the study course, for example:

participation and quality of work in lectures, seminars, practical workshops, results of assessment papers, results of independent home works, assessment of the test or examination.

An independent written work of a student might be: assignment, report, problem research, analysis of a publication, summary of factual materials and evaluation etc.

The examination requirements are to be approved by the Head of the respective Chair. The quality, structure and presentation of course papers and field practice reports are

assessed in terms of the 10-point scale by the Board appointed by the Instruction of Banking Institution of Higher Education.

National final assessment takes place at the end of the programme – Bachelor’s paper has to be presented and defended; besides a graduation examination has to be passed.

A student is entitled to take part in the national final assessment, provided the following requirements have been met:

a positive assessment has received for the completion of each study course in the programme of studies,

course papers and innovation project have to be evaluated with a positive assessment, field practice has to be evaluated with a positive assessment.

The content and structure of a qualification examination are devised by the Chairs and approved by the Head of the Department of Studies.

If the programme has been successfully completed and a positive assessment has been received in the national assessment, a professional Bachelor’s degree in Business Administration and qualification of a business manager is awarded to a student.

11

2.6. Students of Banking Institution of Higher Education

To be enrolled at Banking Institution of Higher Education, the following requirements determined in the Enrolment Regulation shall be fulfilled:

- completed secondary education and the assessments in subjects not lower than 4 points (nearly middling),

- interdisciplinary entrance test has to be taken, or an applicant has to take part in the competition of diplomas/certificates of education,

- national examinations in Latvian language and literature and foreign language (English or German) have to be passed, if an applicant wants to become a full time student.By offering entrance tests the appropriateness and motivation of a candidate is assessed.The Banking Institution of Higher Education graduates of the first level higher professional

education programme “Economy and Business” are entitled to continue their studies in the second level higher professional education programme “Business Administration”, compensating the difference in subjects of study programmes during the time of their studies. A person, who has been matriculated in the list of students, may commence the studies at BIHE. Banking Institution of Higher Education offers both full time and part time studies. In the academic year of 2003/2004, the number of students at Banking Institution of Higher Education is 2503; out of them 507 students (20,3 %) study the programme „Business Administration”.

Number of students of the programme „Business Administration”Academic year 2003/2004

Type of studies I year of studies III and IV year of studies

Full time 159 233

Part time 37 78

Total: 196 311

In the academic year of 2003/2004 it was envisaged to matriculate 140 students in the list of Year 1 students, and that actual number of matriculated students is 196, that is 40% more.In the academic year of 2004/05 it has been envisaged to matriculate 180 students in the list of Year 1 students. In 2003, Banking Institution of Higher Education prepared an edition “Student’s Manual”, with the purpose to help students to commence their studies independently and to meet requirements of Banking Institution of Higher Education.

Number of students of the programme “Economy”, which has been provided by Banking Institution of Higher Education up to now

Years 1998-2003Year Number of

graduates1998. 1051999. 422000. 932001. 1372002. 2412003. 364

12

2.7. Student involvement in the improvement of study process

The possibility of students to participate in the improvement of study process is provided and supported at Banking Institution of Higher Education:1. Banking Institution of Higher Education has its Students’ Council. Students’ Council has the

rights to express and defend students’ opinion in the Senate and Assembly meeting. Students’ Council of Banking Institution of Higher Education represents the interests of the students of Banking Institution of Higher Education in all the bodies of BIHE and state institutions.

2. Students take active part in the surveys organised by BIHE and Students’ Council. These surveys take place annually in the second semester.

3. Students have the possibility to meet the management, administration of BIHE and Heads of Chairs. The everyday issues with administration are resolved by the heads of student groups and Students’ Council. The methodologist-in-chief of Students Information centre and out-of-class activities organiser receives the information on students’ activities.

4. BIHE supports students’ initiatives and their event-organisation capacity. When organising the projects competition „Innovations in the branch development of the national economy of Latvia” for university students, the students of BIHE attracted the supporters of this event: Mortgage and Land Bank (Hipotēku un zemes banka), Latvian Technology Centre (Latvijas Tehnoloģiskais centrs) and consulting company „Konsorts” Ltd.

5. Following students’ initiative, ministers, politicians, business people from banks, auditing companies, company managers and leading experts are invited to BIHE to the discussions with students and academic staff on the topical issues for national economy of Latvia, in the context of globalisation processes.

The mutual relationship between the academic staff and students of BIHE can be characterised by:

mutual trust, democracy, openness, mutual respect, ingeniousness and honesty.

Such relationships encourage understanding, adequate perception of knowledge, as well as the ability to apply knowledge.

13

2.8. Students’ opinion surveys

At Banking Institution of Higher Education, professional cooperation has been established between academic staff and students in the study process, as well as in the out-of-class activities, sports, everyday life and other areas. In order to achieve constructive cooperation, students’ opinion surveys have been developed as a traditional instrument for the exchange of information. The surveys encourage cooperation and give the possibility to identify in due time the issues that have to be focused on during the study process. These surveys take place on regular basis every year, usually – in the second semester or at the end of an academic year:

1. On education quality and study issues at Banking Institution of Higher Education – organised by Students’ Council in cooperation with BIHE management.

2. On students’ satisfaction with their studies and topical issues of student self-government - organised by Students’ Council of BIHE.

3. The contribution of Banking Institution of Higher Education in education and labour market – organised by academic staff in cooperation with students, within the framework of applied research.

4. Academic staff offers their students to participate in opinion surveys at the end of their course in order to get a direct feedback on:

Student attitudes and self-assessment in the respective course of studies, Comprehension of the acquired material, evaluation of the style and quality of its

presentation, Clarity and appropriateness of visual aids to the presentment of a theme.

Questionnaires are usually used for these surveys. The processing of self-assessment questionnaires is computerised, thus the summarised information on questionnaires is available in electronic format.

Out of the 12 questions included in the general part of questionnaire, on average, students have given the highest appreciation to the quality of premises, slightly lower - to technical provision and students’ mutual relationships. The lowest evaluation has been given to the organisation of field practices, as well as the planning of classes; in the questionnaires of part time students – also the attitude of administration.

Totally opposite opinions have been expressed in the part of questionnaire, where the work of separate lecturers had to be assessed. The overall summary of these opinions would be too general and vague. The Heads of Chairs together with each lecturer analyse the assessment of his/her work in order to improve the quality of work.

14

2.9. Graduates’ opinion surveys

A nice tradition has been established at BIHE: in order to develop the study process and improve the quality of studies, BIHE cooperates with its graduates, including the conducting of surveys among graduates. The obtained results are used for the preparation of self-evaluation report and improvement of study process. Graduates are used to taking part in such surveys already since their study time, therefore their answers are open and honest; the suggestions are worth taking into consideration and objective. 98% of graduates answer to the questions of telephone interviews, if a questionnaire has been posted by e-mail or regular mail, but 39% of graduates send back their responses. Graduates support the surveys carried out by BIHE, as well as other higher education institutions, on the inclusion of business higher education institutions’ graduates in labour market (for example, Riga Technical University, Riga Business School, Stockholm School of Economics in Riga etc).

An insight in the information given by the graduates of BIHE: From the interviewed graduates, who are currently without work, nobody has mentioned that

they have not been able to find their place in the labour market. Graduates are either continuing their studies or are bringing up their children as housewives.

Graduates, who are working in banks (Hansabanka, Latvijas Unibanka, Hipotēku un Zemes banka, Parekss banka etc.), have mentioned the following positions:

securities specialists,

credit specialists/administrators/analysts,

account operators,

customers service specialists,

managers and deputy managers of branches,

heads of sub-branches,

specialists of operations support department,

heads of deposit divisions,

head of product sales division,

head of personnel department,

assistant director,

lawyer/ book-keeper/ secretary.

In auditing companies (Ernst&Young, Deloit Touch, Visa Vērte etc.):auditor,

accountant,

senior tax inspector,

deputy director.

State Revenue Office:tax inspectors, senior tax inspectorsheads of tax collection divisions,tax specialists.

15

In private sector:private entrepreneursproject managers,chief accountants,accountants,heads of personnel departments,executive directors.

Others:Expert in Competition Council,students in other programmes of studies or master courses,teacher in a collegehousewife.

18 graduates have responded to the question on their salaries.Ls 260 per month have been mentioned as the lowest salary.

The highest – Ls 1500.The most often mentioned size of monthly salaries by the interviewed graduates is Ls 300

and Ls 500.

Graduates willingly express their opinion about the time of their studies, and most of the responses are very positive. The majority gave a positive opinion of the activities of BIHE in promoting cooperation with its graduates:

- would be willing to continue the cooperation with BIHE, - would be interested in receiving information on the news, - agree to provide information on their career progress on regular basis, - positive attitude towards surveying graduates, especially on the occasion of the 10th

anniversary of BIHE and the graduates’ survey related to it.

16

2.10. Academic staff

Banking Institution of Higher Education has got the adequate academic staff for providing the planned programme of studies: lectures, seminars, practical workshops and other pedagogic and scientific activities.

The main principle for planning the load of academic staff members is the following: to use the capacity of associated professors and lecturers of BIHE, and teachers – practitioners, who have proved themselves in their practical activities, simultaneously having a good knowledge of working methods of a lecturer.

The graduates of BIHE and students of master programme have also expressed their interest in the work of a lecturer.

Academic staff of Banking Institution of Higher Education (Number of people)

Status of academic staff member Involved in the implementation of

programme ”Business Administration”

Total at BIHE

1. Academic staff, full time 36 422. Academic staff, part time 12 403. Academic staff, total 48 82

Thus, 75% of academic staff, who implement the programme of studies, work full time and 25% - part time.

More than 80% of the envisaged scope of the programme of studies is being delivered by the full time academic staff. Please find below in the text the provision of teachers for the courses of programme, as well as the information on the lecturers of BIHE involved in the implementation of the programme of studies.

20% of the full time academic staff have a Doctor’s degree. The qualification of academic staff tends to upgrade. It can be proven by the fact that 47% of the lecturers, who currently do not have a Doctor’s degree, are studying in doctor programmes and researching topical issues of national economy and education: social – pedagogic rationale of quality management systems in universities; special economy zones in Latvia; university self-assessment as an instrument for ensuring the quality of higher professional education, accountancy data modelling in bank management, the application of customers relations management systems in banking sector etc. The recent scientific research works of the BIHE lecturers have been mainly related to the following themes: "The main conditions for the development of higher professional education in economy" and "Competitiveness and quality management systems in organisations". Besides, the lecturers carry out studies and research in relation to the themes of their respective study courses, and the results of these research activities are published both in Latvian and foreign publications on regular basis.

International scientific conferences are being held within the framework of research activities of Banking Institution of Higher Education. In February, 1999, a scientific conference “Professional education in economy: problems and solutions” took place, in October, 2000 – "Competitiveness and quality management problems", and in October, 2001 – "Educated society and new economy in qualitative interaction”. On the 12th and 13th of September, 2002 – „Qualitative development of higher education institutions and its impact on the development of national economy and science”.

17

In September, 2003 – “Conditions of sustainable development: new challenges and prospects”. Speeches and presentations of these conferences have been issued in special editions. Banking Institution of Higher Education academic staff follows the latest tendencies in higher education and the respective branches of studies, by taking active part in international conferences and seminars. In these years, our lecturers have presented reports, delivered lectures and conducted sessions, upgraded their professional qualification in courses and seminars in Denmark, Luxemburg, United Kingdom, Lithuania, Estonia, Romania, Greece, Portugal, Spain, Belarus, Hungary, Germany, Mexico, Russia, Poland, Sweden, Norway, Slovenia, South Africa, and other countries. Find attached the information on in-service training of academic staff in 2002 – 2004, participation in conferences, seminars, list of areas of scientific – research activities and publications for the time period 1999 – 2004 in the Appendix “Additional Information” to this application.

18

2.11. Provision of the study courses

No. Course of studies Lecturers1. Business English/German A.Ģēģere-Zetterstroma, D. Golde, V.Gavare

2. English/ German for special purposes S. Kraže, R. Valdmane, S. Ozoliņa, G.Roziņa

3. Office Work I. Āne, V. Grišāne

4. Mathematics D. Kriķis

5. Computer sciences J. Hermanis

6. Philosophy V. Vēvere

7. Microeconomics I. Brīvers

8.

Macroeconomics M. Dunska, A. Fedotovs

9. Marketing I A. Briģe, A. Rezgale

10. Financial accounting I V. Grišāne, V. Raņķevica

11. Management G. Vērdiņa, T.Volkova

12. Statistics D. Kriķis, G.Petere

13. Law I S. Šreibere, J. Grasis

14. Finances I I. Mavļutova, G.Petere

15. Econometrics I. Brīvers

16. Operations research I. Brīvers

17. International entrepreneurship and competition A. Fedotovs

18. Financial system U. Zālītis, S.Titova, A. Graudiņa

19. Economics of entrepreneurship K. Lešinskis

20. Taxation B. Pūle

21. Law II S. Šreibere, J. Grasis

22. Civil defence and work safety A. Pīlēns, Dz. Atstāja

23. Financial accounting II L. Močāne

24. Management accounting T. Korsaka, G. Innuse

25. Auditing Dz. Atstāja

26. Marketing II A. Briģe

19

27. Human resource management I. Āne

28. Project management G. Vērdiņa

29. Marketing III A. Briģe

30. National economy of Latvia K. Lešinskis, M. Dunska

31. Finances II G. Petere

32. Company strategic management T. Volkova

33. Sociology and organizational behaviour R. Auziņa, L.Dubkēvičs

34. Business communication B. Brigmane, V. Gavare, I.Āne

35. Logistics V. Ivaščuks

36. Management information systems A. Baķis

37. Financial management T. Korsaka

38. Financial accounting III A. Joppe, T. Korsaka

39. Information systems development M. Dumpe

40. Algorithms and programming J. Zuters

41. Tourism management A. Rezgale

42. Trade management A.Purvgalis

43. History of culture R. Pētersons

44. History of economy of the Baltic States J. Strautmanis

45. Principles of website designing J. Hermanis

46. European integration D. Golde

47. Foreign language (elective) D. Golde, V.Vuškāne

48. Public relations G. Rozenbergs

49. E - commerce M. Dumpe

50. Criminal Law A. Niedre

51. Political science J. Strautmanis

2.12. List of BIHE full time lecturers at the programme of studies

No. Family name, Name

Year of birth

Scientific/ academic

Academic position

Courses

20

degree1. Auziņa Ruta 1939. Dr. paed. assistant

professorSociology and organizational behaviour

2. Atstāja Dzintra

1967. Mag.oec., doctoral student

assistant professor

Auditing, Civil defence and work safety

3. Āne Inta 1955. doctoral student

lecturer Office work, Business communication, Human resource management

4. Brigmane Baiba

1955. Mag.oec., doctoral student

assistant professor

Business communication

5. Briģe Andra 1957. Mag.oec., doctoral student

assistant professor

Marketing I, II, III

6. Brīvers Ivars 1957. Dr.oec. associated professor

Econometrics, Operations research, Microeconomics

7. Dumpe Maira 1963. Mag. oec., doctoral student

lecturer Information systems development, E-commerce

8. Dunska Margarita

1962. Dr.oec. associated professor

Macroeconomics, National economy of Latvia

9. Fedotovs Aleksandrs

1954. Dr.oec. associated professor

Macroeconomics, International entrepreneurship and competition

10. Gavare Valda 1942. Mag. philol. assistant professor

Business communication, Business English

11. Golde Daina 1958. Mag. philol. assistant professor

European integration, German

12. Grišāne Veneranda

1950. Mag.oec. lecturer Financial accounting I, Office work

13. Hermanis Jānis

1971. lecturer Computer sciences, Principles of Website designing

14. Ģēģere-Zetterstroma Astrīda

1955. Mag. philol. assistant professor

Business English

15. Grasis Jānis 1971. Mag.hist., Mag.iur., doctoral student

assistant professor

Law I, II

16. Graudiņa Aija

1956. doctoral student

lecturer Financial System

17. Innuse Gunta 1958. Mag.oec. lecturer Management Accounting 18. Korsaka

Terēza1964. Mag.oec.,

doctoral student

assistant professor

Management Accounting, Financial Management, Financial Accounting III

19. Kriķis Dainis 1954. Mag.math. assistant professor

Mathematics, Statistics

20. Kraže Sandra 1955. Dr.philol. associated professor

English for Special purposes

21

21. Lešinskis Kristaps

1973. Mag.oec., doctoral student

lecturer Economics of Entrepreneurship, National Economy of Latvia

22. Mavļutova Inese

1963. Mag.oec. lecturer Finances I

23. Ozoliņa Sandra

1957. Mag. philol. assistant professor

Business German, German for Special Purposes

24. Petere Gaida 1949. Dr.math. associated professor

Finances II, Statistics

25. Pūle Biruta 1959. lecturer Taxation 26. Raņķevica

Viktorija1950. Mag.oec.,

doctoral student

assistant professor

Financial Accounting I

27. Rezgale Anda 1954. lecturer Tourism Management, Marketing I

28. Roziņa Gunta 1954. Mag. philol., doctoral student

assistant professor

English for Special Purposes

29. Strautmanis Jānis

1957. doctoral student

lecturer History of Economy of the Baltic States, Political science

30. Šreibere Sniedze

1956. doctoral student

assistant professor

Law I, II

31. Titova Staņislava

1951. assistant professor

Financial System

32. Valdmane Romāra

1947. Mag. philol. assistant professor

English for Special Purposes

33. Vērdiņa Gita 1955. Mag.paed., doctoral student

assistant professor

Management, Project Management

34. Volkova Tatjana

1960. Dr.oec. associated professor

Management, Company Strategic Management

35. Vuškāne Vilhelmīne

1959. Mag.paed. lecturer English

36. Zālītis Uģis 1942. Dr.oec associated professor

Financial Systems

22

2.13. Planning of field practice

The purpose of the programme ”Business Administration” is to enhance the development of theoretical knowledge, professional skills and abilities, to strengthen the application of acquired knowledge in practice, to study and analyse the place and role of a company in economy, its areas of development, and to offer suggestions for increasing the efficiency of company operation. The objectives and procedure of field practice are determined by the programme of field practice.

The total length of field practice for both full time and part time students is 26 weeks: out of them - 16 weeks in the 4th semester, 10 weeks in the 8th . The total number of credits is 26.

During the 1st part of practice, which takes place at the end of 4 th semester, trainees learn about the ways and areas of company’s activities, environment, safety at work and work protection, financial services, accountancy policy and tax system. The objectives of the second part of practice are linked not only with the strengthening of theoretical knowledge in practice, but also with research, analysis and mastering of management regularities. Students are studying closer and getting to know the job environment, management principles and skills, marketing policy and efficiency improvement opportunities.

Field practice takes place in compliance with the “Agreement on the provision of field practice placement” concluded by and between BIHE and an employer, and Programme of field practice, agreed with the employer. During field practice a student shall fulfil the above mentioned programme and prepare a report on field practice. A report on field practice shall be devised following the Guidelines for field practice. A counsellor, or any other person appointed by the company, assesses the report on field practice and other achievements of a trainee in the 10-point scale: knowledge gained during field practice, professional skills and attitude towards the execution of tasks.

The report on field practice is examined and assessed by a university lecturer appointed by the Chair, according to the requirements set by the Department of Studies. The final assessment for field practice is composed of: assessment by counsellor, assessment for the report on field practice, presentation of the report on field practice.

The potential places for field practice are organized in cooperation with professional organisations, associations, graduates and long-term cooperation partners both in Latvia and abroad. The following long term cooperation partners in providing places for field practice should be mentioned: State Audit, telecommunications operator “Lattelekom”, gas company “Latvijas gāze”, power operator “Latvenergo”, mobile operator LMT, JSC „Kolonna”, „Columbus IT partneri” Ltd., public transport JSC „Rīgas starptautiskā autoosta”, „Augstceltne - būve” Ltd., national post “Latvijas Pasts”, State Revenue Office and its territorial branches, Riga Regional Customs Office of State Revenue Office, JSC „Hansabanka”, JSC „Latvijas Unibanka”, JSC „Latvijas Krājbanka”, JSC „Latvijas Hipotēku un zemes banka”, JSC „Nord LB”, JSC „Baltijas Tranzītu banka”, JSC „Rietumu banka”, which provide the biggest number of places for field practice and who have been long term cooperation partners of Banking Institution of Higher Education, as well as other establishments and companies. Students can also choose their permanent job place as the place for their field practice.

Since the academic year of 2002/03, a long- term cooperation agreements have been signed with companies for the provision of places for field practice.

Find attached the programme of field practice and examples of the documents on the procedure and assessment of field practice in the appendix “Additional information” to this application.

23

2.14. The divisions of Banking Institution of Higher Education involved in the implementation of the programme of studies

The programme of studies, approved by the Senate of Banking Institution of Higher Education, is implemented by the Chairs of this higher education institution, under the supervision of the Department of Studies. In turn, all the divisions of BIHE are involved in the provision of the study process; the establishment is decided by the Senate.

The programme development is carried out by the Chairs in cooperation with the Department of Studies.

Banking Institution of Higher Education has the following structure units:1. Students Information Centre,2. Career centre,3. Library,4. Department of Methodology,5. Department of Studies,6. Chair of Economy,7. Chair of Finances,8. Chair of Business,9. Chair of Foreign Languages,10. Department of International Relations and Project Management,11. Administrative Department,12. Accountancy,13. Maintenance and Procurement Department.

In total, Banking Institution of Higher Education employs 114 people, and 42 out of them are the academic staff members.

Find attached the organisational chart and list of responsibilities of structure units involved in the provision of study process in the appendix “Additional information” to this application.

24

2.15. Description of material provision

Library

The purpose of BIHE library is to support the study process and scientific activities of BIHE and to provide library, informative and copying services to students, lecturers and other visitors to the library.

In order to provide the possibilities of students’ independent work, the library of BIHE offers the laws and other legislative acts of the Republic of Latvia, monographs, reference literature, statistic data, the resources of Internet and other materials and services. The library of Banking Institution of Higher Education stocks more than 13 000 bibliographic units. The library has a reading room with 6 computers, and it is equipped for the needs of information search in the Library Catalogue or Internet library catalogues.

The library receives local and international periodicals on regular basis. 10 different newspapers are available in the library reading room (Diena, Dienas bizness, Latvijas Vēstnesis, Izglītība un Kultūra etc.) and 22 different magazines (Latvijas Ekonomists, Kapitāls, Biznesa Partneri, Accountancy un Revīzija, Bilance, Mērķis, etc.), as well as various statistical digests (Ziņojums par Latvijas tautsaimniecības attīstību, Latvijas makroekonomiskie rādītāji, Uzņēmējdarbības finansiālie rādītāji etc.) and reference literature publications. The following foreign periodicals are being subscribed: „The Economist”, „Focus”, „Деньги”.

The book stock has been compiled according to the specialisation of Banking Institution of Higher Education, and it is being updated constantly. Students have an exceptionally wide range of literature available on banking, finances and business related issues. During the last five years, the library stock has been increased for more than 1475 titles of books (nearly 9500 copies).

Library book stock

Science Field Titles Copies

Computer sciences 58 526

Philosophy, psychology, sociology 218 728

Social sciences 800 5567

Mathematics 22 301

Management 427 3901

Reference literature 67 133

Linguistics, literature 157 1961

History and history of arts 53 74

The library has subscribed to the following electronic data basis:- NAIS- LETA- BNS - LURSOFT (directory subscription)- EBSCO (full texts of 4500 different magazines)- electronic edition of “Dienas bizness”

The library has an electronic catalogue designed in the integrated library system “ALISE”. It ensures the search for publications with the help of different parameters. The library catalogue is

25

available also in Internet. The system “ALISE” is used for all the library processes – compiling, customers service, reporting and reference system development.

The library has close cooperation with the library of the Bank of Latvia. The publications of the Bank of Latvia, as well as other informative materials are received. A significant cooperation has been established with the Information Centre of the Board of Statistics of Republic of Latvia. Since September 2002, the library of Banking Institution of Higher Education is a member of Academic Libraries of Latvia. This participation in Association ensures cooperation with the libraries of other higher education institutions.

Premises

The study process and management activity of Banking Institution of Higher Education takes place in two buildings: 1b K.Valdemara Str. and 161 K.Valdemara Str.

The promises at 1b K.Valdemara Str. (total area 1606 m2) are rented from the Bank of Latvia. 10 lecture rooms with 382 students seats with the total area of 428,19 m2 are located in this building.

Ministry of Education and Science has handed over to the administration of Banking Institution of Higher Education the building at 1b K.Valdemara Str. The total area of this building in 6432 m2, 2529 m2 of this area is occupied by students hotel (for 240 lodgers). There are 21 lecture rooms in this building with the total area of 1308 m2 and seats for 1180 students. 7 new lecture rooms were opened in 2003, and one of them was a computer class with 34 work stations, equipped with 530 HP produced computers, a video projector and screen.

In all the lecture-theatres there are newly purchased tables and chairs for students and tables for lecturers. Lecture-theatres have been equipped with modern technical aids – overheads, white boards, there is a possibility to use TV set, video recorder, video camera and multimedia projector. Internet access is available in several lecture-theatres.

In both buildings copying services are available.

All the students of Banking Institution of Higher Education have the possibility to use the sports hall at 163 K.Valdemara Str. and body-building equipment room.

At students and lecturers disposal there is a modern canteen in both buildings.

Information technologies

Banking Institution of Higher Education uses the opportunities given by the application of computers in the study process and professional development. In 2000 and 2001, in Banking Institution of Higher Education two modern computer classrooms with 34 workstations were equipped (in each of them has the latest generation computers Compaq or HP with Windows'2000 operation system). The job stations have been furnished in line with the ergonomic requirements and ensuring the contact between a student and teacher during classes. High powered multimedia projectors have been installed in computer classrooms for the work with visual information during classes. In 2003, another similar computer class was equipped with 34 work stations.

Workstations are provided with the latest business software, to train students in line with the quality requirements of labour market. Besides the regular office software – MS Word XP, MS Excel XP etc. – specialised software for web-site designing, project management, processing of small graphic assignments, developing business charts, establishing data basis, translation and information archiving have been installed on these computers. A powerful scanner for the scanning of graphic information, as well as special software for recognising a scanned text is also available for students.

26

During the study period each student is being registered as a user of BIHE computer network. Students can have the access to additional learning resources, get a more detailed description of the programmes of study courses, save information safely either in a personal or public catalogue of the file server, and have an access to it from any computer linked into the BIHE network. Each student of BIHE has his/ her own e-mail address and Internet access.

The computer network is operating on Alcatel category 5 Fast Ethernet network basis, with a radio connection to Internet. In the network there are several high- powered Compaq servers with Windows'2000 server software. All the software used by computers is licensed and all the job stations have an access to a high- powered printer for black-and-white and colour printing jobs. In 2003, the innovation was a colour laser printer.

In their free time students can visit the computer room for independent work, where they can prepare and print their reports, course papers, and other works for their study process. The free access job stations in this computer room have an Internet access in order to provide students and university lecturers the possibility to get information from the word wide web.

The training computer rooms and free access computer room are located at 161 K.Valdemara Str. Banking Institution of Higher Education has developed and is currently working on a new public (general information available on the institute of higher education) and internal (intranet) home pages. Both home pages are placed on the servers of BIHE and are updated regularly.

Find attached more detailed information on computer provision in the appendix “Additional information” to this application.

27

2.16. Costs of the programme of studies

Banking Institution of Higher Education is a state established education institution, which operates on self-financing principles. The structure of financial resources is determined by the Senate.

The projected tuition fee for the next academic year is – Ls 725,00 per one full time year of studies, and Ls 520,00 per one part time year of studies. The price policy is related to the main activity of the institution of higher education – organisation of study process, and the supplementary activity – renting of premises in the building at 161 K. Valdemara Str.

Tuition fees can be settled in four instalments in a year, thus, in case students discontinue their studies, they have actually paid for the study process that has already taken place.

Students may use the credits for studying, following the procedure set by the Cabinet of Ministers.

In the academic year of 2003/2004 there are 2503 students in Banking Institution of Higher Education. It is planned to matriculate 540 students in the list of the Year 1 students of 2004/2005, and out of them – 180 students in the programme of „Business Administration”.

The financial resources of Banking Institution of Higher Education are constituted by: income from students’ tuition fees 93,63% income from renting premises 4,09% funding from international programmes - other income stipulated by law 2,28%

The expenses of Banking Institution of Higher Education are constituted by: salaries 52,5% compulsory state social insurance fees 12,64% costs of business trips 1,71% purchase of books and magazines 0,55% tangible and intangible assets 5,23% service fees 14,09% purchase of materials, power resources and stocks 8,57% repair works capital repairs 3,82% grants 0,45% intellectual property 0,44%

The budget implementation is being controlled by the Auditing Commission of Banking Institution of Higher Education.

28

2.17. International cooperation of Banking Institution of Higher Education

In the recent years, Banking Institution of Higher Education has rapidly developed its international cooperation with many countries. The globalisation processes in modern society, and the significance of international cooperation and integration in its promotion, requires that the exchange of information does not take place only within one country, it requires broad international cooperation. The ability to adapt to the labour market’s requirements, expansion of mutual relationships and trust- building among higher education institution are the most essential preconditions for the further development of higher education institutions. To foster the internationalization of Banking Institution of Higher Education, in the academic year of 1999/2000, the Department of International Relations and Project Management was established, organising the studies and field practice abroad within the framework of agreements concluded by and between higher education institutions, as well as informs about different financial assistance funds. It also supports the participation of Banking Institution of Higher Education in EU education programmes (Tempus, Socrates/Erasmus, Leonardo da Vinci etc.).

Students` mobility

Academicyear

Number of students CountryStudies Field practice

2000/2001 2 - Belgium3 - Germany

2001/2002 1 - USA2 - Austria1 - Belgium1 - Denmark- 1 Italy2 - Finland5 2 Germany

2002/2003 4 - Austria3 - Belgium- 1 Lithuania- 2 Poland- 1 Portugal2 - Finland1 1 Germany

2003/2004 2 - Austria3 3 Belgium1 - Denmark4 - Finland2 1 Germany

Total 39 12 In the 2nd semester of academic year of 2002/2003, a student from Portugal studied at Banking Institution of Higher Education as Socrates/ Erasmus student. In the academic year of 2002/2003, Banking Institution of Higher Education received Erasmus University Charter, which entitles the students and university teachers in the mobility activities and obliges to follow the requirements of European Commission for the provision of quality education and the credit transfer systems.

Business and Technical College of Bornholm, Denmark is a long term cooperation partner of Banking Institution of Higher Education. In the cooperation with this higher education institution since 1996, different training projects on banking sciences, service management, mortgage crediting and tourism have been developed.

29

The cooperation with University of Applied Sciences, Osnabruck, Germany has been successful, and it offers students not only the study possibilities, but also field practice. And through the cooperation with Karel de Grote Hogeschool, Antwerp, Belgium, BIHE students as Socrates/Erasmus students have studied there since 2000. In 2002, cooperation agreements have been concluded with Vilnius College in Lithuania, University of Trade, Lodz, Poland, Haemme Polytechnic and Turku Polytechnic, Finland, and Instituto Politecnico de Coimbra, Portugal. In 2003, new cooperation agreements have been concluded with Titgen Business College, Denmark, Pinsk Banking College, Belarus and Lille Institut Universitaire de Technologie, France. Cooperation with Banking and Finance Academy, Uzbekistan has commenced.

Participation of Banking Institution of higher education in international projects

Between 1998 – 1999, within the framework of EU Tempus programme, Banking Institution of Higher Education implemented a project, which encompassed 10 participants from Latvia, Sweden, United Kingdom and Spain, including:• Burgos Adult Education and Training Association (Spain);• Bohlin & Stromberg Management Consultants AB (Sweden);• Warwick University (United Kingdom);• Higher Education Agency (Sweden);• Stockholm University (Sweden);• Victoriano Cremer Adult Education and Training Centre in Burgos (Spain). Five training modules on economy, finances, management and information technology in relation to European integrations processes have been developed. Within the framework of Socrates programme, Banking Institution of Higher Education participated in the project on intercultural comparative research. A programme has been developed, which is incorporated in the master programme. The partners of this project were 11 higher education institutions from 10 countries, including:• Karel de Grote Hogeschool (Belgium);• University of Applied Sciences, Brandenburg (Germany);• Brno University of Technology (Czech Republic);• Universitat de Girona (Spain);• Telemark University College (Norway);• Lille Institut Universitaire de Technologie (France);• Mikkeli Polytechnic (Finland);• University of Economy, Katowice (Poland); Novgorod State University( Russia).

Since 2002, Banking Institution of Higher Education has been participating in Leonardo da Vinci pilot project” INTERLOG II” on the development of terminology. In the academic year of 2002/2003, the applied research in retail banking of the Baltics started in cooperation with Profit Technologies, UK. 7 students of Banking Institution of Higher Education are involved in this project. In 2003, within the framework Leonardo da Vinci programme, Banking Institution of Higher Education has signed Letters of Intent for the participation in 4 pilot projects.

Participation in international organizations

Banking Institution of Higher Education is a member of several international organisations. In 2000, it joined PRIME-Networking (Professional Inter-University Management for Educational Networking) Association, which is one of the biggest partnership and cooperation networks in Europe and joins together one professional higher education institution from 14 countries, working

30

on international projects. The aim of PRIME-Networking is to encourage the development of intercultural and interdisciplinary programmes, research activities and exchange of experience among university teachers. BIHE is represented in the Board of PRIME-Networking and participates in the work of PRIME-Networking by carrying out research activities in EU context. Within this partnership network, BIHE has found partners in Austria, Belgium, Czech Republic, France, Greece, Iceland, Spain, Norway, Germany, Rumania, Denmark, Russia, Poland, Finland and Portugal. Students regularly participate with their projects in the Euro week conferences organised by PRIME-Networking and have taken prize-winning places: In 2001 in Brussels – 2nd place (Belgium), in 2002 in Kavala –2nd place (Greece) and in 2003 in Coimbra ( Portugal) – 3rd place for the project, developed by and international team, working together with students from France and Finland. In the academic year of 2002/2003, the first year students carried out cases analysis and participated in an on-line project together with the students of Turku Polytechnic, Finland. Banking Institution of Higher Education is a member of the Board of European Professional Institutions of Higher Education (EURASHE) Association, and takes an active part in international conferences and exchanges of experience on the issues of professional higher education, as well as regularly takes part in the conferences on higher education in Europe, organised by Association of European Universities (EUA). Banking Institution of Higher Education is represented in the Central and Eastern European Management Association CEEMAN. This association joins together higher education institutions and organisations from 41 countries, thus establishing a network of 150 participants, and holds annual seminars and conferences on the quality of higher education, accreditation and research issues, in relation to business activities, business environments, especially in the developing countries. In 2002, Banking Institution of Higher Education, in cooperation with higher education institutions of 6 different countries took part in the foundation of Baltic Management Development Association (BMDA). In 2003, Banking Institution of Higher Education became a member of international association of higher education institutions SPACE. Within this Association, the students of Banking Institution of Higher Education have new opportunities to acquire the course of studies “European Studies”, as well as to master additional skills, while studying the courses developed within the SPACE network, offering international tests in business studies and foreign languages. In the academic year of 2002/2003, the cooperation with Mikkeli Polytechnic, Finland started on the possibility of students to get double diplomas, mutually recognising the programmes of studies and introducing a credit transfer system. In the first semester 2003/2004 Banking Institution of Higher Education offers field practice in IT to a student from Katholieke Hogeschool Mechelen, Belgium. To encourage higher mobility of foreign students to Latvia, Banking Institution of Higher Education, in cooperation with other higher education institutions of Latvia, who are participants of Barons programme, have developed an international programme of studies. Banking Institution of Higher Education plans to enrol students of foreign cooperation partners in this programme in the second semester of the academic year of 2003/2004.

International activity of the lecturers In the academic year of 2002/2003, Banking Institution of Higher Education lecturers have delivered lectures in the following partner institutions: Mikkeli Polytechnic, Finland, Hamme Polytechnic, Finland, Osnabruck Fachhochschule, Germany, Brandenburg Fachhochschule, Germany, Katholieke Hogeschool Mechelen, Belgium, Technicum JOANNEUM GmbH, Austria, and Instituto Politecnico de Coimbra, Portugal. Lecturers from Denmark, Belgium, Austria, Norway, Finland, Germany and USA (including two professors who have received Fulbright’s prize) have conducted lectures at Banking Institution of Higher Education.

31

Having analysed the results of the performed work, it is a pleasure to acknowledge that the graduates of Banking Institution of Higher Education are competitive not only in the Latvian as well as international labour market.

32

3. On the possibilities to complete education

On the basis of research data and case analysis, it can be concluded that there is no reason to liquidate the programme of studies „Business Administration” in the next 6 years.

The results of students’ questionnaire show that the programme of studies is topical and necessary, as it:

- opens broad possibilities in the labour market,- ensures good opportunities for professional development,- gives the possibility to continue education successfully.

Banking Institution of Higher Education is constantly developing and expanding – by upgrading programmes, renewing material provision, as well as qualitatively and quantitatively developing the staff of lecturers.

In compliance with the requirements of accreditation regulations, Banking Institution of Higher Education concluded the cooperation agreement with Riga Technical University in 2002 and University of Agriculture of Latvia in 2003. The agreement envisages that the state accredited professional higher education programme in „Business Administration” offered at Banking Institution of Higher Education in case of liquidation shall be ensured in corresponding state accredited study program in „Economics” at Riga Technical University and University of Agriculture. The copies of agreements find attached in the appendix “Additional information”.

33

4. Advertising and public awareness

In order to provide overall information to public on the higher education institution, offered study opportunities, latest innovations in its activities and other news, Banking Institution of Higher Education uses different means of communication, prepares and places orders for competitive materials and other publications, as well as takes part in various informative activities and thematic exhibitions.

Banking Institution of Higher Education has its own Internet home page „www.lba.lv”, where one can find broad information on BIHE, and the latest information is updated on regular basis. Besides Internet, intranet has been established.

Every year an informative material on Banking Institution of Higher Education is prepared and issued, which informs about the studying possibilities, procedure of enrolment, schedule, entrance tests and fees. A new representative publication „Banking Institution of Higher Education: ECTS Guide” has been issued in English.

In 2002, on the occasion of Banking Institution of Higher Education anniversary, a nicely illustrated album „Banking Institution of Higher Education: the First Decade” was prepared and published which summarised rich information about the foundation, activities, staff and graduates of BIHE.

Materials on Banking Institution of Higher Education have been shown on television programmes, especially in the youth programmes like “Labirints” and others. A video film „10 th

Anniversary of Banking Institution of Higher Education” has been made, and it was dedicated to the recording of the events of anniversary.

The higher education institution has established a continuous cooperation with education catalogue publishers, and thus the information on Banking Institution of Higher Education can be found in “Izglītības ceļvedis” (Guide to Education), “Augstākā izglītība Latvijā un ārzemēs” (Higher education in Latvia and abroad) etc. regularly.

Information on Banking Institution of Higher Education regularly appears in Latvian mass media. There are articles or coverage stories on the most topical issues in the higher education institution, activities of its university lecturers as experts, as well as commercial advertisements placed by the higher education institution. The cooperation partners in this area are all the biggest newspapers of Latvia published in Latvian and Russian, magazines „Kapitāls” un „Mērķis”, public radio and TV, as well as commercial electronic media.

The Banking Institution of Higher Education press releases are published in the home pages of news agencies LETA and BNS. Pictures telling about Banking Institution of Higher Education are available in the data base of photo news agency AFI.

Banking Institution of Higher Education uses the possibilities of direct contacts offered by the participation in thematic exhibitions: annual „Skola” (School) in Exhibition Centre “Ķīpsala”, regional exhibitions, informative events in schools and others. Students’ Council of Banking Institution of Higher Education gives their active help to the administration of BIHE in the implementation of informative activities. The activity “The Opportunities of Your Carrier” are being organised in conjunction with Students’ Council, which is an exchange of mutual information between students and possible employers.

In response to the high interest among secondary school pupils about Banking Institution of Higher Education, Information days are being organised. These events take place several times a year in the higher education institution: in the end of September or beginning of October, and during school spring holidays.

In the autumn of 2003, the work on the new Internet home page of Banking Institution of Higher Education „www.BA.lv” has commenced. The opening of the new homepage has been scheduled in the beginning of 2004, and it will help to provide more operational and broader information on the higher education institution, its news and offered education possibilities.

34

5. The programme of studies development plan

The mission statement of Banking Institution of Higher Education :Banking Institution of Higher Education is a financially stable higher education institution

functioning in the European higher education space, which provides sustainable education for enterprising and creatively minded people, using the capacity of highly qualified and motivated personnel, modern technologies and the prestige of this higher education institution in the society of Latvia.

The development plan refers to the time period from 2004 to 2007.

1. The programme of studies.

1.1. To foster the cooperation with professional associations and employers in order to ensure effective feedback on the programme of studies improvement principles.

1.2. In 2004, to ensure access for students to the programmes of study courses in Internet and Intranet.

1.3. In the academic year of 2004/05, on the basis of the existing programme, to commence the implementation of an international programme of studies.

1.4. To encourage the development of books, brochures and lecture materials for the study courses.

1.5. To find a possibility to provide the study courses in English.1.6. To increase gradually the share of independent work in the total course of studies.1.7. To carry out annual evaluation of the programme of studies, to cooperate with quality

agencies in Europe.1.8. To expand the international field practice possibilities for students.1.9. To encourage e-studies.1.10. Together with European higher education institutions, to find the possibilities of obtaining

double diploma for the students of mutually recognised programmes of studies.

2. Academic staff.

2.1. To foster the pedagogic and professional development of academic staff.2.1.1. To increase financial support for each doctoral student for the studies in doctor

programme.2.1.2. To develop a strategic plan for qualification upgrading and development of academic

staff. 2.1.3. To encourage academic staff to devise and publish publications/literature.2.1.4. To support the involvement of academic staff in the in-service and professional

development programmes of Banking Institution of Higher Education and other providers.

2.1.5. To train the renewals for academic staff from the most capable master course students.

2.2. To expand international cooperation, encourage the mobility of academic staff.2.2.1. To apply for new international cooperation projects within the EU programmes of

SOCRATES, ERASMUS, Leonardo da Vinci and Lingva, on the development of programmes of studies, provision of international field practice and mobility of academic staff.

2.2.2. To continue participation in the international projects on logistics and introduction of Euro.

35

2.2.3. To encourage cooperation among the teaching staff of similar programmes within the framework of Kr. Barons programme.

2.2.4. To encourage the involvement of academic staff in the activities of Baltic Management Association, Latvian Chamber of Industry and Commerce, Latvian Association of Business Consultants, Latvian Personnel Management Association and other professional associations.

2.3. To organise international scientific conferences and seminars on topical issues of national economy.

2.4. In cooperation with Tallinn School of Business, Vilnius Collegiums and other partner institutions of higher education, to publish annual internationally reviewed collection of articles.

3. Computer and software provision.

3.1. To complete the transfer to a single Windows XP environment in both segments of the local computer network and to cut in both segments in a single Ethernet network.

3.2. To purchase and maintain a server for data basis, and gradually relocate the six existing data basis to this server.

3.3. To develop and implement a project on the use of smartcards in the computer network, copy office, library and access control to the premises in both buildings of Banking Institution of Higher Education.

3.4. To upgrade students’ recording and tuition fee recording software.3.5. To develop and maintain an Intranet portal for learning.3.6. Every 2-3 years to upgrade computers in students’ computer rooms.3.7. To join the LAIS system fully.

4. Library.

4.1. To continue the commenced library automation process.4.1.1. To maintain the electronic catalogue of higher education institution’s library available

in Internet, to introduce subscription in electronic format.4.1.2. To introduce customer service in electronic format.4.1.3. To increase the number of Latvian and foreign data basis available in the library.

4.2. To expand the library’s funds of books and other resources in line with the courses of study programmes, new teaching aids and reference materials.

4.3. To take an active part in the activities of Association of Latvian Academic Libraries.

5. General personnel issues.

5.1. To identify in-service training needs for administrative staff and organise training.5.2. To guide the most capable and qualified staff members to higher ranked positions at

Banking Institution of Higher Education.5.3. To improve the salary system and ensure a competitive job compensation level.

6. Information circulation and document exchange.

36

6.1. To transfer to electronic circulation of documents at Banking Institution of Higher Education, introducing confirmed electronic signatures.

6.2. To establish electronic document banks.6.3. To introduce electronic document monitoring system.6.4. To develop an effective scheme of document exchange with the purpose to ensure well-

timed and qualitative reception of information.

7. Organisational structure.

7.1. To improve the organisational structure in line with the aims set forth by Banking Institution of Higher Education, and requirements set by the environment. 7.2. To develop the perspective action plan of structure units for the academic years of 2004 – 2006 in line with the strategic objectives of Banking Institution of Higher Education.

8. Finances.

8.1. To ensure income for tuition fees and other additional financial sources according to the budget projections of Banking Institution of Higher Education.

8.2. To achieve that the state budget funding is allocated.8.3. To encourage the financial support of cooperation partners.8.4. To attract funding for studies, research and publicity from different state and international

target programmes.8.5. To achieve a higher volume of state allocated credits for studies..8.6. To upgrade the information system of resource recording and financial management

planning.

9. Premises.

9.1. To repair and maintain in good technical and sanitary condition the premises for studying, recreation, for the use of academic staff, technical premises, sanitary premises etc.

9.2. To reconstruct and expand the premises for library and accountancy.9.3. To set up premises for selling books and stationery.

37

BANKING INSTITUTION

OF HIGHER EDUCATION

DIPLOMA OF HIGHER PROFESSIONAL EDUCATION

Series PD <X>

No.<0000>

With the National Examination BoardDecision No.8 of the 23rd of November 2003

Ints VītolsIdentity number 123456-12345

has been awarded the qualification of a

Business ManagerThe awarded qualification corresponds to the

Level 5 professional qualificationand

THE PROFESSIONAL DEGREE OF A BACHELOR

of Business Administration

Acting RectorU. Zālītis

Chairperson of National Examination Board <Name, surname>

Riga, 23rd of November 2003Registration No. <0000>

38

Seal

DIPLOMA SUPPLEMENT(Series of Diploma < > No.< >)

The Diploma corresponds to the model diploma devised by European Commission, European Council and United Nations Education, Science and Culture Organisation (UNESCO/CEPES). The Supplement has been prepared in order to provide objective information and to ensure the academic and professional recognition of qualification supporting documents (for example, diploma, certificate, etc.). The Supplement to the Diploma contains information on the nature, level, context, content and status of studies successfully completed by the person identified in the Diploma. It does not include any information on the assessment of qualification and its equivalency, or suggestions on its recognition either. Information is provided in all the eight parts. In case information is not given in any of the parts, the reasons are provided.

1. INFORMATION ON THE ACQUIRER OF QUALIFICATIONName, family nameDate of birthIdentity number2. INFORMATION ON QUALIFICATIONTitle of qualification business manager (Level 5 qualification)Major area of studies for obtaining qualification Business AdministrationName & status of qualification awarding institution Banking Institution of Higher Education, 19.06.1997.

state accredited institution of higher education Language of instruction and examination Latvian3. INFORMATION ON THE LEVEL OF QUALIFICATIONLevel of qualification professional degree of a Bachelor of Business AdministrationOfficial length of programme 4 years of full time studies, 170 Latvian credits, 255 ECTS credits

Programme starting date Programme end date Entry requirements secondary education with the assessment in subjects not lower than 4 points

4. INFORMATION ON THE CONTENT OF STUDIES AND ACHIEVED RESULTS Type of studies full time Programme requirements within the programme of studies to complete the compulsory and optional courses,

professional field practice, and present diploma paper and pass qualification examination Programme components and credits, assessment received by the person

Title of a course Programme component Credits Assessment Course papers:

Applied researchProfessional field practiceBachelor’s paper „title of a theme”Graduation examination in Business Administration

Assessment systemOne Latvian credit corresponds to 1,5 ECTSClass of qualification none

5. QUALIFICATION Further education opportunities eligible to enter master programmes and professional programmes, which are

envisaged for the studies after the acquisition of a Bachelor’s degree.

Professional status not envisaged to be awarded

6. ADDITIONAL INFORMATION6.1. Level 5 qualification – the highest qualification of a specialist, which entitles to plan and carry out also scientific research activities in Business Administration.6.2. The Banking Institution of Higher Education programme of professional studies "Business Administration" has been accredited < >. 6.3. Banking Institution of Higher Education address: 1b K.Valdemara Str., Riga, LV-1819, Latvia, phone +371 7322605, fax +371 7320620, e-mail: lba@lba.lv, http://www.BA.lv November 23, 2003.

Acting Rector U. Zālītis

Information on the national system of higher education and explanation of assessment marking can be obtained in Academic Education Centre:2 Valnu Str., Riga, LV-1050, Latvia, phone.+371 7225155, fax +371 722100, e-mail:laine@aic.lv, www.aic.lv

39

List of the documents for accreditation and their location

No. Title of a document Location Responsible person1. Certificate of registration Secretariat L. Lancmane2. Programmes of study courses Chairs Heads of Chairs3. Resumes of creative and scientific

activities of lecturersDepartment of Methodology

I. Āne

4. Materials of conferences Pro-rector’s office G. Piebalga5. Documents on field practices Career Centre Dz. Atstāja6. Items of graduation examinations

and themes of diploma papers Chair of Business G. Vērdiņa

7. Self-evaluation report Department of Methodology and home page www.lba.lv

I. Brīvers

8. Students’ Manual and methodological materials

Department of Methodology

I. Brīvers

9. Normative documents of Banking Institution of Higher Education

Administrative Department and intranet

L. Lancmane

10. Independent works of students Chairs Heads of Chairs

40

CV 6 October 2003 Name, surname Aija Graudiņa

Date of birth 8 February 1956

Education Since 2002 studies in doctoral study program at the Latvian University of Agriculture, faculty of Economics 1974 – 1979 studies in the Faculty of Economics of the State University of Latvia, qualification obtained: the economist

Academic position Lecturer

Years of pedagogical experience

5 years

Work experience Since 2000 - Banking Institution of Higher Education, lecturer1997 – 2000 K&C Machinery Ltd. (Great Britain) – area manager1995- 1997 SIA Skansil – accountant1991- 1995 BK ASSOCIATES Ltd. (Great Britain) - area manager1985 – 1991 The Board of the Branch of USSR Book-Lovers Society in Latvia, chief economist and accountant1984 - 1985 Riga Centre of Engineering, chief accountant1983 - 1984 Sports Centre Daugava (Daugavas sporta nams) chief accountant1979 - 1983 The Council of Ministers of Latvian SSR, State Committee of Cinematography, chief economist

Pedagogic activities, courses

Basic Course in Insurance

Directions of scientific research

Development and problems of the insurance in the rural areas of Latvia

Publications 3

Further education Course in Tourism Economics, Bornholm Business College, Denmark, 2001Intensive Individual Course in English, teacher - professor Hilary M. Giasscock, Cambridge, 1999Course in Psychology (personality and career development program for women), Riga, 1996Course – seminar The Development of Private Pension Funds in Latvia, the Ministry of Economics, 1994Course in Accounting, Banking College, 1993Annual Seminar for Chief Accountants and Economists, Board of the Book-Lovers Society, Moscow, 1985 - 1991

Language skills Russian, English – fluent

41

CV 8 October 2003 Name, surname Aleksandrs Fedotovs

Date of birth 11 December 1954

Education 1988 – 1990 The Academy of Social Sciences (Moscow), Doctor’s degree in Economics 1972 - 1977 Riga Politechnical Institute, qualification obtained: engineer -economist

Scientific degree Doctor of science in economics (Dr. oec.)

Academic position Associated professor

Years of pedagogical experience

26 years

Work experience Since 2000 - Banking Institution of Higher Education1995 – 2000 Riga International School of Economics and Business ( RSEBAA), professor1991 – 1995 Riga University of Aviation, professor1977 – 1991 Riga Politechnical Institute, senior lecturer, assistant professor

Pedagogic activities, courses

MicroeconomicsMacroeconomicsHistory of the Subjects of EconomicsHistory of National EconomyInternational Economics

Directions of scientific research

Development of the national economy in Latvia and the Baltic StatesHistory of economic notionsMacroeconomic indices

Publications 60

Further education Fieldwork in Denmark, 1994Fieldwork at the University of York, Toronto, Canada, 1993International Science Conference, Bergen, Norway, 1990International Science Conference, Tbilisi, Georgia, 1986Fieldwork at the Norwegian School of Trade, Bergen, Norway, 1984 – 1985

Language skills Russian, English – fluent

42

CV 15 October 2003 Name, surname Anda Rezgale

Date of birth 13 July 1954

Education Since 2003 studies in Business School Turība, Master’s program in tourism1974 – 1980 the State University of Latvia, Faculty of History and Philosophy, qualification acquired: teacher of history and social science

Academic position Lecturer

Years of pedagogical experience

24 years

Work experience Since 2003 - Banking Institution of Higher Education, head of the Student Information Centre2002 – 2003 Banking Institution of Higher Education, head of the Career Centre 1998 – 2002 Riga School of Tourism, deputy headmaster1994 – 1998 Ministry for Environmental Protection and Regional Development, Latvian Board of Tourism, deputy director1992 – 1994 Ministry of Transport, Tourism Division, head of department1973 – 1992 Riga Travel and Sightseeing Agency, head of sightseeing department, director of training courses

Pedagogic activities, courses

Management of TourismMarketingBasic Course of TourismDevelopment and Promotion of the Tourism ProductFundamentals of the Hospitality IndustryLectures at the Technical University of Brandenburg

Directions of scientific research

Strategic management of tourism

Further education Professional Efficiency Courses in Pedagogy, the University of Latvia and Banking Institution of Higher Education, 2003. Tourism Marketing, CESO project, Canada, 2001Human Resource Management, CESO project, Canada, 2000Management of Hospitality Industry, CERT, Ireland, 1999

Language skills English, Russian – fluent

43

CV 15 October 2003 Name, surname Andra Briģe

Date of birth 17 November 1957

Education Since 2001 - doctoral study programme in management at the University of Latvia 1994 -1997 University of Latvia, master’s degree in economics1992 University of Stockholm, master’s study programme in banking1976 – 1982 Latvian Academy of Agriculture, qualification obtained: economist in agricultural sector, organizer

Academic position Assistant professor

Years of pedagogical experience

11 years

Work experience Since 1992 – Banking Institution of Higher Education, assistant professor1999 - 2002 UN Commission for Refugees, head of department1993 – 1998 World Bank, Regional Office in Baltic States, head of department1987 – 1992 Institute of Agricultural Economics, senior research associate1985 – 1987 Agro-Industrial Committee, senior engineer1982 – 1985 Ministry of Fruit and Vegetable Farming, specialist

Pedagogic activities, courses

Basic Course in MarketingMarketing of Financial ServicesMarketing Research and Market SegmentsInternational Marketing

Directions of scientific research

Relations between a bank and a customer, CRM

Publications Magazine E-pasaule, May 2002, “Banking Technologies – Closer to a Client?”“The Role of Education in the Development of Technological Solutions in the Commercial Banks of Latvia”, collection of reports presented at the conference “The Impact of Qualitative Development and Growth of Higher Education Institutions on the Development of Science and National Economy, 2002

Further education International Computer Drivers Licence, ANO, 2003“Strategy and Tactics“, R,Ķīlis, Communications Studio Triviums, 2002 “Banks and Finances in the Baltics”, Riga, 2002

44

“Culture Communications in Advertising”, R. Ķīlis, Communications Studio Triviums, 2000“Archetypes in Advertising”, Communications Studio Triviums, 2000“Advertising 2000”, conference, Riga, 1999

Language skills English, Russian – fluent

45

CV 1 October 2003 Name, surname Astrīda Ģēģere - Zetterstroma

Date of birth 1 July 1955

Education 1994 - 1996 University of Latvia, master’s degree in English Philology 1974 - 1979 State University of Latvia, Faculty of Foreign languages, Department of the English Language and Literature, qualifications acquired: linguist, teacher of the English language

Academic position Assistant professorYears of pedagogical experience

18 years

Work experience 1993 – present – Banking Institution of Higher Education, teacher of the English language, assistant professor1991 – 1993 Latvian Maritime Academy, teacher of the English language1989 – 1991 Kirov district creative school for pupils “Saulīte”, teacher1986 – 1988 USSR Plant Protection Institute, Baltic Branch, translator1984 – 1986 Kirov district Housing Administration No. 11 interest club “Saulīte”, teacher1983 – 1984 Latvian SSR Academy of Sciences, engineer1979 –1983 Latvian SSR Academy of Sciences Botanical garden, linguist - translator1973 – 1979 State Philharmonic Society of Latvia, secretary.

Pedagogic activities, courses

General EnglishBusiness EnglishESP – English for Specific Purposes

Directions of scientific research

English teaching methods focused on foreign language for career purposes

Publications A.Ģēģere–Zetterstroma, S.Kraže, A.Stonāne. Internationalisation of Higher Education as one of the Preconditions for Competitiveness at Home and in the World. Published in the collection “Qualitative Interaction Between Educated Community and Contemporary Economics”, Riga, 2001A.Ģēģere. English teaching problems and solutions in the extra-mural department student groups with heterogeneous level of knowledge, published in compilation “Professional Economic Education: Problems and Solutions” Riga, 1999

Further education „Language in Intercultural Communication”, Ventspils University College, 2003Intercultural Relations, Riga, LATE, 2003The Latest Conceptions in English Academic Writing, 2003Personnel Selection and Formation Problems in the FIT

46

Company Based Higher Educational Institutions of Great Britain, Hardfordshire, Great Britain, 2001Language learning and teaching in the context of social changes, Kaunas, 2000A Review of Business English Communication Issues and Needs and Teaching Strategies and Skills in the Tertiary Environment”, Riga, 2000ESP for Diplomacy and Accession, Riga, 1999Teacher’s Refresher Course, Cambridge, 1997First BESIG IATEFL Baltic Conference, 1996„Writing for Banking Purposes”, 1996Principles of Banking, 1995Course in Oral and Written English, Brighton, 1995„Business Correspondence”, Riga, 1994

Language skills English, Russian, Swedish - fluent, German – conversational

47

CV 15 October 2003 Name, surname Astrīde Stonāne

Date of birth 6 January 1956

Education 1974 – 1980 State University of Latvia, Faculty of Foreign Languages, qualification obtained: teacher of the English language, translator

Academic position Lecturer

Years of pedagogical experience

20 years

Work experience Since 1998 - Banking Institution of Higher Education, lecturer1993 - 1998 Riga Centre Language School, teacher of the English language1984 - 1992 Riga Politechnical Institute, teacher of the English language1982 - 1984 State University of Latvia, engineer1981 - 1982 Riga Elementary School No.17, teacher1980 - 1981 Roja Secondary School, teacher

Pedagogic activities, courses

General and Business English

Directions of scientific research

Problems of teaching authentic texts in Business English

Publications A.Ģēģere-Zetterstroma, S.Kraže, A.Stonāne: Internationalisation of Higher Education as one of the Preconditions for Competitiveness at Home and in the World, published in the collection “Qualitative Interaction Between Educated Community and Comtemporary Economics, Riga, 2001

Further Education Language in Intercultural Communication, Ventspils University College, 2003Intercultural relations, Riga, LATE, 2003Course in tourism economics, Bornholm Business College, Denmark, 2001-2002Personnel selection and formation problems in the FIT company based higher educational institutions of Great Britain, Hardfordshire, Great Britain, 2001Writing using PC, Riga,1999Professional Efficiency Courses provided by the Embassy of Great Britain, Riga, 1997 - 1998Writing for Banking Purposes, 1996Course of teaching methodology, Wales, Great Britain, 1998

Language skills English, Russian - fluent, German - conversational

48

CV

15 October 2003

Name, surname Biruta Pūle

Date of birth 24 September 1959

Education Since 2002 studies in the master’s study programme in general pedagogy in the Faculty of Pedagogy and Psychology of the University of Latvia1983 - 1991 University of Latvia, qualification obtained: economist 1980 - 1982 Riga Accounting and Credit College, qualification acquired: credit inspector

Academic position Lecturer

Years of pedagogical experience 7 years

Work experience Since 2002. Banking Institution of Higher Education, acting Head of Finance Department, lecturer2000 – 2002 Banking Institution of Higher Education, lecturer1997 – 2000 SRS Riga Regional Department, senior tax inspector in the division of financial reporting and declarations of natural persons1991 - 1997 Riga Region Social Insurance Administration, Head of the Revenue Department1985 - 1989 Riga Accounting and Credit College, teacher1982 – 1985 State Bank, Proletarieshu district branch, senior economist

Pedagogic activities, courses Taxes, duties and other state revenueAccounting of state taxes

Directions of scientific research System of Taxes and Duties in the Republic of Latvia

Publications Professional competence of the staff in higher educational institutions as one of the factors for ensuring high quality higher education, collection of reports presented at the international conference „Competitiveness and Quality-related Problems”, Riga, 2000

Further education Further education program “Didactics if Higher educational Institutions: contemporary theories and practice”, University of Latvia, the Institute of Pedagogy and Psychology, Riga, 2002

49

Language skills Russian – fluent,English - conversational

50

CV

10 October 2003 Name, surname Baiba BrigmaneDate of birth 31 May 1955Education Since 2000 - studies in doctoral study programme in the

Faculty of Pedagogy and Psychology of the University of Latvia1998 – 2000 Riga University of Aviation, master’s degree in economics1975 - 1979 state University of Latvia, qualification acquired: economist

Academic position Assistant professorYears of pedagogical experience

14 years

Work experience Since 2002 - MP of the Parliament of the Republic of Latvia, assistant professor at the Banking Institution of Higher EducationSince 1998 - Banking Institution of Higher Education, rector, assistant professor1997 – 1998 Banking Institution of Higher Education, acting rector1992 – 1997 Banking College of Latvia, Principal1989 – 1992 Latvian Agricultural Union, Head of Culture and Education Department 1984 – 1989 Central Committee of Latvian Komsomol, secretary 1980 – 1984 Kirov district Committee of Latvian Komsomol, 1st secretary1979 – 1980 Riga Woodworking Factory, engineer- economist

Pedagogic activities, courses

Business Communication

Directions of scientific research

Quality management

Publications 6

Language skills Russian - fluent,English, German - conversational

51

Radošā un zinātniskā biogrāfija 10 October 2003

Name, surname Dainis Kriķis

Date of birth 10 February 1954

Education 1993 obtained the master’s degree in mathematics at the University of Latvia, Faculty of Physics and Mathematics 1972 – 1977 State University of Latvia, Faculty of Physics and Mathematics, qualification acquired - mathematician

Academic position Assistant professorYears of pedagogical experience

28 years

Work experience Since 2000 – Banking Institution of Higher Education, assistant professor1993 – 2000 Riga Secondary School No. 1., deputy principal, director of studies1990 – 1993 Riga Commercial School, deputy principal, director of studies1984 – 1990 Riga L.Paegle Secondary School No. 1, deputy principal, director of studies1977 – 1984 Riga L.Paegle Secondary School No. 1, teacher of mathematics1975 – 1977 Riga Secondary School No. 24, teacher of mathematics

Pedagogic activities, courses

MathematicsStatistics

Directions of scientific research

Application of mathematical methods in modelling of economic processes

Publications 18

Further education Contents, Methodology and Assessment of Curriculum in Mathematics, Riga City Teacher Training Centre, 2002Training and Professional Efficiency Course for Organisers of Public Education, State University of Latvia, 1984 – 1985

Language skills Russian - fluent, German - conversational

52

CV 8 October 2003 Name, surname Dzintra Atstāja

Date of birth 16 August 1967

Education 2003 – accomplished theoretical course of the doctoral study program at Riga Technical University, Faculty of Engineering Economics 1998 - 2003 Riga Technical University, Engineering Economics Faculty, Profile Institute of Production and Entrepreneurship, studies in doctor’s programme 1994 – 1996 Riga Pedagogy and Educational Management Institution, Faculty of School Management, master’s degree in pedagogy and school management, qualification acquired: educational work manager1991 - 1993 Riga Technical University, Faculty of Engineering Economics, master’s degree in economics1986 – 1991 Riga Technical University, Faculty of Engineering Economics, specialisation: organisation and planning of corporate foreign economic relations, qualification obtained: engineer- economist

Academic position Assistant professor

Years of pedagogical experience 15 years

Work experience 2003 – Banking Institution of Higher Education, Head of Career Centre, assistant professor2002 – 2003 Banking Institution of Higher Education, Head of Student Information Centre2001 – 2002 Banking Institution of Higher Education, Head of Career Centre 1998 – 2001 SIA Biznesa augstskola Turība, Dean of the Faculty of Business Administration 1996 – 1998 SIA Turības mācību centrs, dean, lecturer1996 – 1997 Riga Pedagogy and Educational Management Institution, lecturer1994 – 1996 State company, non-profit organisation Rehabilitation Centre of the Republic, speciality of the commercial personnel, teacher of accounting1993 – 1995 Jūrmala, Pumpuri Secondary School, home training teacher1988 – 1993 M. Lomonosov Russian School (Riga Secondary School No. 23), teacher

Pedagogical activity, courses

AuditingEnvironmental EconomicsCivil Defence and Work SafetyFundamentals of AuditingInspection, Control, AuditSafety at Work and Labour Protection

53

Economics for Teaching StaffFinancial Accounting

Directions of scientific research

Environment economicsEducation management

Publications 17

Further education Fast Memorising School, company Lando, Riga, 2003Labour Safety, SIA Darba medicīna, Riga, 2002English courses, Language Teaching Centre (Valodu mācību centrs), Riga, 2001Project Management, Business Complex – the Centre of Commercial Education, Riga, 2001Internal Quality Audit, Business school Turība, Riga, 2000English course, Language Teaching Centre (Valodu mācību centrs), Riga, 2000International Correspondence Course, Riga, 2000Microsoft Outlook, Business school Turība, Riga, 1999Management Improvement and Quality Ensuring in a Company, Business School Turība, Riga, 1999Training for Sworn Auditors, SIA Grāmatvedis, Riga, 1997

Language skills Russian - fluent, English - conversational, German- basic knowledge

54

CV 1 October 2003

Name, surnameGaida Petere

Date of birth 25 March 1949

Education 1979 – 1981 Latvian Academy of Sciences, Institute of Physics, doctoral studies programme, doctor’s degree in mathematics1966 - 1971 State University of Latvia, Faculty of Physics and Mathematics, speciality: mathematics, qualifications acquired: teacher of physics and mathematics

Scientific degree Doctor of mathematics (Dr. math.)

Academic position Associated professor

Years of pedagogical experience

33 years

Work experience Since 1999 - Banking Institution of Higher Education, associated professorSince1999 - AS Seesam Life Latvia, actuary1999 - 1999 Banking Institution of Higher Education, assistant professor 1998 SIA Mēdiju aģentūra Alfa Centrs, chief financial officer1996 – 1998 Latvian Post, centre for postal payments, chief accountant 1986 – 1996 Riga Technical University, assistant professor1973 – 1986 Riga Technical University, assistant

Pedagogical activity, courses

Financial MathematicsStatisticsMathematical StatisticsBusiness RisksStatistics and Analysis of InvestmentFinancial Risk Management

Directions of scientific research

Common differential equation – participation in LZP project No.01.0531 “Analysis of differential equation and discrete dynamic systems selected issues”Actuarial techniques

Publications More than 35 articles in journals on mathematics in Latvian, Russian and English

Further education Passed 9 out of 16 examinations of British Faculty and Institute of Actuaries, Diploma in Actuarial Techniques, 2001Courses at British Institute of Actuaries, obtained The Advanced Diploma in Actuarial Science, 1999Satisfactorily Completed a Trainers’ Course with the Faculty and Institute of Actuaries, Oxford, 1999

Language skills Russian, English – fluent

55

CV 8 October 2003 Name, surname Valda Gavare

Date of birth 12 December 1942

Education 1992 - 1994 State University of Latvia, Faculty of Foreign Languages, master’s degree in philology1973 - 1975 State University of Latvia, professional efficiency courses for teaching staff of higher education institutions1962 – 1968 State University of Latvia, Faculty of History and Philosophy, acquired qualifications of teacher of the English language and literature

Academic position Assistant professor

Years of pedagogical experience

28 years

Work experience Since 2000 - Banking Institution of Higher Education, assistant professor

1993 – 2000 University of Latvia, Centre of Languages, lecturerSince 1991 University of Latvia, Institute of Foreign Relations, lecturer1975 – 1991 University of Latvia, lecturer1969 - 1973 Latvian Academy of Sciences, Institute of Physics, translator - informant, Head of the Patent Group1968 – 1969 Jurmala Secondary School No.1, English teacher

Pedagogical activity, courses

English for specific purposes (business administration, economics, finance and banking area)Culture of international cooperation and business etiquette

Directions of scientific research

Methods of teaching English for special purposes Intercultural business communication

Publications 11

Further education ESPELL Project in Methodology of Teaching Foreign Languages, British Council, 1998 – 2000Moscow State University, Faculty of Professional Efficiency of Higher Education Institutions Teaching Staff, 1978, 1981, 1985

Language skills English, Russian - fluent

56

CV 15 October 2003 Name, surname Gita Vērdiņa

Date of birth 11 January 1955

Education Since 1999 – Latvian University, doctoral studies program in education management 1996 – 1998 University of Latvia, master’s degree in pedagogy, speciality: theory and history of pedagogy1973 – 1978 State University of Latvia, qualification obtained: economist

Academic position Assistant professor

Years of pedagogical experience

24 years

Work experience Since 2002 - Banking Institution of Higher Education, Head of Business Administration Department1999 – 2002 Banking Institution of Higher Education, Head of Business Economics and Administration Studies1998 - 1999 A/S Latvijas Krājbanka, Head of the Training Centre1992 - 1998 Latvian Banking College, Head of the Training Course Department, assistant professor1990 - 1992 The Ministry of Finance of the Republic of Latvia, Chief Financial Inspection, a specialist in the methodology and organisation administration1979 - 1990 Riga Accounting and Credit College, lecturer, Head of Extramural Studies Department 1978 State Insurance Administration, economist

Pedagogical activity, courses

Theory of ManagementHuman Resources Management and Organisation of Work Project ManagementInternal Audit

Directions of scientific research

Internal audit as a tool for ensuring the quality of the higher professional education

Publications 6

Further education Establishment of Study Programme in Tourism, Technical College of Bornholm, Denmark, 2001 – 2002General Principles of Internal Audit, University of Latvia, State Training Centre for Municipal and Project Management, Riga, 2000Seminar “Banking Strategy”, the Ministry of Finance, Riga, 2000Seminar for Heads of Internal Audit Units, PHARE project framework, Riga, 2000Project Management, University of Latvia, State Training Centre for Municipal and Project Management, Riga, 1999Effective Technologies in Communication” Training Centre

57

“Arpus”, Riga, 1998Course for Banking Specialists - Trainers, Denmark, 1996Train the Trainer, AIB Bank and Latvian Association of Commercial Banks, Riga, 1996Teaching Methodology for Civil Servants, Danish School of Administration, the Republic of Latvia School of Public Administration, Denmark, 1995The Course for National Tax Administration Personnel, Directors and Heads of Training Centres, OECD Training Centre, Denmark, 1995Basic Course in Administration, Swedish consulting firm OMNIA/ the Republic of Latvia School of Public Administration, Riga, 1995Certificate Entitling to Teach the Basics of Administration to the Civil Servants, Danish School of Administration, Denmark, 1994Expert Workshop in Teaching Methodology Issues, Swedish Foundation BITS, Sweden 1994Bank Management Skills, FAIRPLAACE, Riga, 1993

Language skills Russian - fluent, German - conversational

58

CV 15 October 2003 Name, surname Daina Golde

Date of birth 11 October 1958

Education 1994 – 1996 University of Latvia, master’s degree in German philology1977 - 1982 State University of Latvia, Faculty of Foreign Languages, qualifications acquired: teacher of the German language and literature, philologist and translator

Academic position Assistant professor

Years of pedagogical experience

21 years

Work experience Since 1993 – Banking Institution of Higher Education, assistant professor1992 - 1993 Riga Commercial School, teacher1990 - 1992 Professional Efficiency Improvement Institute, teacher of the Latvian and German languages1982 - 1983 University of Latvia, Association of Science, teacher of the German language1982 – 1986 Riga School No.2, teacher

Pedagogical activity, courses

General and Business German ,German for Specific Purposes in the Area of EconomicsGerman as a Second Foreign Language The European Union Integration Process

Directions of scientific research

Influence of the English language on Business German

Publications Specifics of teaching German to students of correspondence study programs, published in compilation “Professional Economic Education: Problems and Solutions” Riga, 1999

Further education Seminar “Development of Unified Criteria for Assessment of Language Knowledge Level in the European Union”, Goethe-Institut, 2003Studies and Information Week, Luebeck, Germany, 2003Seminar „The Prospects of the Baltic States in the Europen Union”, Carl Duisberg Association, Germany, 2003Seminar „Methodological Guidelines for Working with the Text Book „Einfach Deutsch””, Goethe-Institut, Riga, 2003Seminar „Strategy of Teaching Foreign Languages at the Professional Higher Education Institutions in Germany”, Brandenburg, Germany, 2002Seminar “Foreign Language Teaching Methodology”, University of Kaunas, Lithuania, 2002Seminar “Convention of the European Union”, VAS and Carl Duisberg Association, Germany, 2002Business German, Luebeck Foundation, 2001

59

Seminar “Europe – Our Common Home”, Germany, 2001Baltic Economic Management Course, 1999The EU Teachers’ Training Program for Acquiring the Qualifications of a Moderator, Bonn Institute of Politics /VAS, 1996 - 1998Seminar “Prospects of the European Union”, Brandenburg, 1998German as a Foreign Language: Methodology and Didactics of Economic Language”, Carl Duisberg College, Cologne, Germany, 1996Loans and Credits, Non-Cash Settlements, Accounts, Securities Market, the Federal Bank of Rheinland-Pfalz and Saarland, 1994

Language skills German, Russian – fluent, English - conversational

60

CV 8 October 2003 Name, surname Gunta Innuse

Date of birth 10 February 1958

Education 1997-1999 University of Latvia, Faculty of Economics and Management, master’s degree in economics 1996-1997 University of Latvia, Faculty of Economics and Management, qualification acquired: accountant/ economist 1977-1982 University of Latvia, Faculty of Finance and Trade, qualification acquired: economist

Academic position Lecturer

Years of pedagogical experience

1 year

Work experience Since 2003 – Banking Institution of Higher Education, lecturer2000 - 2003 the project on the reform of the health care system funded by the Republic of Latvia Ministry of Health/ project “Reform of the Health Care” accountant – financial officer1995 – 2000 the Republic of Latvia Ministry of Health, Finance and Accounting Department, senior specialist, deputy chief accountant 1997 the Republic of Latvia Ministry of Interior, Citizenship and Migration Department, head of department1993 – 1995 SIA Enni, manager1991 - 1993 SIA Pavadonis, manager1989 – 1991 the Republic of Latvia Association for Distribution and Trading of Periodicals, accountant, deputy chief accountant1986 – 1989 Professional Efficiency Institute for National Economy Specialists, economic education office, employee1979 – 1986 International Youth Travel Agency Sputņiks, task manager

Pedagogical activity, courses

Management AccountingFinancial Accounting

Directions of scientific research

Operating expenses and methods for calculation of the product (prime) cost, comparison of the calculation methods

Further education The Republic of Latvia Association of Accountants, Certificate of a Professional Accountant, Riga, 2001 - 2002Financial Analysis of the Republic of Latvia Ministry of Health, SIA Eiropersonāls, 2001Financial Management of the Projects Funded by the World Bank, International Training Centre, Turin, Italy, 2000

Language skills English, Russian - fluent

61

62

CV

15 October 2003 Name, surname Gunta Roziņa

Date of birth 15 August 1954

Education Since 1999 – University of Latvia, Faculty of Modern Languages, doctoral studies programme1994 – 1996 University of Latvia, Faculty of Philology, master’s degree in English philology1974 – 1979 State University of Latvia, qualification acquired: philologist and teacher of the English language

Academic position Assistant professor

Years of pedagogical experience

22 years

Work experience Since 1997 – Banking Institution of Higher Education, assistant professor1993 – 1997 Latvian Banking College, head of the Languages Department, lecturer1991 – 1993 Riga Commercial School, teacher of the English language1989 – 1991 Kuldiga School of Arts, teacher of the English language1988 - 1989 Riga Pupils Culture and Interest Groups Centre, methodologist1981 - 1988 Ministry of Education, Riga City Leningrad district department, methodologist

Pedagogical activity, courses

English for Specific Purposes (for business administration, economics, finance and banking experts)Academic EnglishBusiness English

Directions of scientific research

Applied linguistics

Publications 9

Further education Project of the British Council, World Bank and Ministry of Education and Science "Presett Partnership Project", 2002 -2005The Materials development – Ways to change, Leeds Metropolitan University, Great Britain, 2003Teaching English for Business, Hulls School of Modern Languages, Switzerland, 2000ESP for Diplomatic & Accession Purposes, British Council, Riga, 2000Advanced English Use, University of Edinburgh, Great Britain, 1999

63

Language skills English, Russian - fluent, German - conversational

64

CV 8 October 2003 Name, surname Henrihs Stobovs

Date of birth 1 November 1938

Education 1959 – 1964 State University of Latvia, Faculty of History and Philosophy, qualification acquired: associate in philology and literature

Academic position Lecturer

Years of pedagogical experience

37 years

Work experience Since 1993 – Banking Institution of Higher Education, lecturer1964 – 1992 Latvian Extramural Studies College, lecturer

Pedagogic activities, courses

Business Economics

Directions of scientific research

Methodology of business plan development

Publications Development of Business Plans and Formation of Professional Skills, Banking Institution of Higher Education, International Conference Materials, Riga, 1999

Further education Marketing Course, Centre for Support of Entrepreneurship, Riga, 1997Banking, Bornholm Business College, Denmark, 1996Small School of Business, University of Latvia, Riga, 1995

Language skills Russian - fluent

65

CV 1 October 2003 Name, surname Inese Mavļutova

Date of birth 28 July 1963

Education 1995 – 1996 Riga University of Aviation, master’s degree in economics1990 – 1992 State University of Latvia, post-graduate program, theoretical course1987 – 1990 State University of Moscow, post-graduate program, theoretical course1980 – 1985 State University of Moscow, Faculty of Economics, qualification obtained: economist – cybernetician

Academic position Lecturer

Years of pedagogical experience

14 years

Work experience Since 2000 Banking Institution of Higher Education, lecturer1999 – 2000 Institute of Transport and Communication1997 – 2000 SIA Atreks, chief accountant1996 – 1997 SIA Baveks, chief accountant1995 – 1999 Riga University of Aviation, lecturer1992 – 1995 SIA Bary, chief accountant1986 – 1987 State University of Latvia, lecturer1985 – 1986 State University of Latvia, Studies Department, methodologist

Pedagogic activities, courses

FinanceFinance AnalysisModelling of Social DevelopmentPrices and Pricing MechanismsFinancial AccountingMacroeconomicsMicroeconomicsBasic Course of the Theory of EconomicsPolitical Economics

Directions of scientific research

The role of the financial analysis in decision-making

Publications Problems of raising a company’s profit quality in a market economy situation, compilation of conference reports „Konkurētspēja un kvalitātes vadības problēmas”, Riga, 2000„Payment Cards as Monetary Policy Instrument”, compilation of articles „Fiscal and Monetary Policy of the Baltic states”, Vilnius, 1996Reproduction in Agro-industrial Sector in the New Economic Circumstances, compilation of articles „Topical Problems of Political Economics in Socialism”, Moscow, 1990

66

Further education Course for Obtaining Top-level Certificate in Accounting, International Federation of Accountants (Great Britain), „final” level certificate, 2002Course for Obtaining Top-level Certificate in Accounting, International Federation of Accountants (Great Britain), „intermediate” level certificate, 2001 – 2002„International Drivers – Entrepreneurs”, RTU, 1997

Language skills English - conversational

67

CV

30 October 2003

Name, surnameInese Vingre-Ruskule

Date of birth 6 July 1962

Education 2001 accomplished the theoretical course of the doctoral studies programme in Riga Technical University1994 – 1996 Riga Technical University, master of Sciences in management organisation1979 – 1984 University of Latvia, qualification obtained: economist

Academic position Assistant professor

Years of pedagogical experience

20 years

Work experience Since 1998 - Banking Institution of Higher Education, Head of Studies Department1992 – 1998 Latvian Banking College, Vice principal of studies1984 – 1992 Riga Accounting and Credit College, manager of Practice, lecturer

Pedagogical activity Mentoring and supervision of master, bachalour and qualification papers

Directions of scientific research

Management and organisational structure of commercial banks

Publications 4

Further education International Course “International Standards of Financial Reporting”, Moscow International School of Finance and Banking, Riga, 2003Management of Assets and Liabilities, Moscow International School of Finance and Banking, Riga, 2001Management of Assets and Liabilities in the Commercial Banks, Moscow International School of Finance and Banking, Riga, 2000Human Resource Management, Luxemburg, 1999Mortgage Lending, Bornholm Business College, Denmark, 1999Professional Training in Banking, Midland Bank, London and British Business School, 1996Course for Banking Experts/Teachers, Bornholm Business College, Denmark 1996Train the Trainer, ABI Banks and Latvian Association of Commercial Banks, 1996Seminar on Teaching Methods, Swedish Foundation BITS, 1994Financial Accounting and Credit Analysis, FAIRPLACE, 1993Accountants of Commercial Banks, Coopers and Lybrand,

68

Riga, 1993

Language skills Russian - fluent, English - conversational

69

CV 10 October 2003 Name, surname Inta Āne

Date of birth 28 July 1955

Education Since 2003 studies in the doctor’s study programme “Education Management” in the Faculty of Pedagogy and Psychology of the University of Latvia 1974 – 1979 State University of Latvia, Faculty of Physics and Mathematics, qualification obtained: mathematician, lecturer 1973 – 1974 studies in the Faculty of Economics of the State University of Latvia

Academic position Lecturer

Years of pedagogical experience 27 yearsWork experience Since 2000 – Banking Institution of Higher Education, Head of the

Further Education Department, Deputy Head of Administrative Department, currently Methodology Department, human resources expert, lecturer

2000 – 2002 Parliament, MP assistant1999 – 2000 Studies in CDG and work in GmbH “W-ST” (Germany)1999 – 1999 Office administrator for the Minister of Agriculture 1994 – 1999 State Centre for Professional Education, principal1991 – 1994 Senior expert in the Ministry of National Education

/currently – Ministry of Education and Science/ 1991 – 1991 Education Development Institute, methodology expert1979 – 1991 Riga State Technical College, lecturer 1976 – 1979 Riga Secondary School No. 77, teacher

Pedagogic activities, courses

Human Resource ManagementBusiness Correspondence Business CommunicationsOffice WorkHigher Mathematics

Directions of scientific research

Human resource management and related issues in the globalisation circumstances Adult pedagogy

Publications 6

Further education Teacher Multiplicator Training, Consulting and Training Centre, Riga, 2000International Management Training, CDG (Germany), 1999Training and internship in „Weiterbildung fuer Fachkraefte der Wissenschaft und der beruflichen Bildung”, CDG, Germany, 1999 - 2000Deutsche Sprache in Deutschland, GOETHE Institute; Germany, 1998Internship in the professional educational support institutions in the

70

Netherlands, Great Britain and Ireland, ETF, 1998 English as a Foreign Language, University of Strathclyde, 1997Management of Change and Development; Swedish consulting company OMNIA; 1995Lecturer Training Courses within the Framework of the EU State Department Reform; LPKMC, 1994Seminar „Developing-a-Curriculum Workshop”, Association of Canadian Community Colleges; 1994Internship in education management and support institutions in Germany, 1993

Language skills German, Russian – fluent, English – basic skills

71

CV 15 October 2003 Name, surname Ivars Brīvers

Date of birth 18 April 1957

Education 1994, University of Latvia, doctoral degree in economics 1975 - 1980 State University of Latvia, Faculty of Economics, specialisation in economic cybernetics, qualification obtained: economist-mathematician

Scientific degree Doctor of science in economics (Dr. oec.)

Academic position Associated professor

Years of pedagogical experience

23 years

Work experience Since September 2002, Banking Institution of Higher Education, Head of Methodology Department2001 - 2002 Banking Institution of Higher Education, Head of Masters’ programmes2000 - 2001 Banking Institution of Higher Education, Head of Banking DepartmentSince December 1999, Banking Institution of Higher Education, associated professorFebruary – December 1999 Banking Institution of Higher Education, assistant professor1997 – 1999 Business institute RIMPAK Livonija, rector1997 Business institute RIMPAK Livonija assistant professor 1996 Ventspils University development group – head of the economics programme development group (by means of job combination)1996 – 1997 Latvian Academy of Sciences, Institute of Economics, expert 1995 Latvian Academy of Sciences, Institute of Economics, expert (by means of job combination)1992 – 1997 Business Institute RIMPAK Livonija, lecturer (by means of job combination)1995 – 1996 University of Latvia, Faculty of Management and Economic Information, assistant professor 1989 – 1995 University of Latvia, Faculty of Management and Economic Information, lecturer1981 – 1989 State University of Latvia, Faculty of Economics, lecturer1980 – 1981 State University of Latvia, Faculty of Economics, lecturer, intern

Pedagogic activities, courses

MicroeconomicsEconometricsTransaction InvestigationHistory of Economics

Directions of Mathematic modelling of macroeconomic processes

72

scientific research Economic growth problems

Publications 26

Further education Course on the European Law, Torun, N.Kopernik’s University, Poland, 2000Course on Mortgage Lending, Bornholm Business College, Denmark, 1999Internship in Dalhousie University, Halifax, Canada, 1995Internship in the Royal Institute of Technology in Stockholm, Sweden, 1994Ecologic Modelling Courses, the Royal Institute of Technology in Stockholm, Sweden, 1993Internship in W. Pieck’s University, GDR, 1989School for Pedagogic Efficiency, State University of Latvia, 1980

Language skills Russian, English – fluent

73

CV1 October 2003 Name, surname Jānis Grasis

Date of birth 28 June 1971

Education Since 2003, studies in the doctoral programme at the Faculty of Law of the University of Latvia 1997 – 2000 University of Latvia, Faculty of Law, master of social sciences in law 1994 – 1995 University of Latvia, Institute of International Relations, qualification obtained: manager of structural units of international relations 1989 – 1994 University of Latvia, Faculty of History and Philosophy, qualification obtained: historian, lecturer

Academic position Assistant professor

Years of pedagogical experience

3 years

Work experience Since 2003, Banking Institution of Higher Education, assistant professorSince 2000, Banking Institution of Higher Education, lecturer2001 – 2003 a/s Akciju komercbanka „Baltikums”, Head of the Legal Department2001 – 2002 SIA Firma L4, legal advisor2001 – 2001 a/s Rietumu banka, leading lawyer2000 – 2001 a/s Saules banka, chief lawyer2000 – 2001 a/s Saules investīcijas, lawyer1998 – 2000 State Revenue Service, Legal Department, International Contracts Division, chief lawyer 1995. –1998. Naturalisation Department, Head of the Examination Centre1994. – SIA Refo, manager

Pedagogic activities, courses

International Tax PoliticsInternational Trade LawLawBusiness and Employment Law

Directions of scientific research

International public and private law

Publications 15

Further education USIA programme „Building Democracy in Diverse Communities”, USA, 1996.Internship in the Bradford University, Great Britain, 1996.

Language skills English, Russian - fluent; German, French – basic skills

74

CV 11 October 2003

Name, surnameJānis Hermanis

Date of birth 22 May 1971

Education 1989 – 1994, State University of Latvia, Faculty of Physics and Mathematics, qualification obtained: mathematician, lecturer

Academic position Lecturer

Years of pedagogical experience

11 years

Work experience Since 1998, Banking Institution of Higher Education, lecturer1998 – 1998 a/s VAR Education centre, courses of various levels for Windows981995 – 1998 Riga Crafts secondary school, teacher of computer sciences1994 – 1998 Salaspils Secondary School No. 1, teacher of computer sciences and deputy principal for information 1993 – 1994 Baldone Secondary School, teacher of computer science1993 – 1994 Citizenship and Migration Dptm, Population Register Computing Centre, computer operator1992 – 1992 Daugmale 9-years Elementary School, teacher of mathematics

Pedagogic activities, courses

Informatics I and II,Web Page DesignIntroduction to Programming Financial and Statistical Calculations Office Software Applications Business Chart Development

Publications Information technologies and their applications. Riga: Rasa ABC, 2001

Directions of scientific research

Informatics (Computer science)Financial mathematics

Further education Seminar “To Be and To Know. Methods for Successful University Teaching Work” Latvian Adult Education Union, Riga, 2002Seminar “Mortgage Lending System in Denmark”, Bornholm Business College, Denmark, 1999922 Supporting Microsoft Windows NT 4.0 Core Technologies, SIA “Soft-tronik”, Riga, 1998Windows NT 4.0 Administration, SIA “Soft-tronik”, Riga, 1998

75

Lotus Notes for team working and e-mailing, SIA “Soft-tronik”, Riga, 1998Course at the educational centre of Bornholm, Riga, 1997Introduction to the Automated Projecting System AutoCAD, SIA Grada, Riga, 1997

Language skills Russian - fluentGerman, English – basic skills

76

CV 16 October 2003

Name, surname Jānis Strautmanis

Date of birth 6 October 1957

Education Since 2001, studies in doctoral programme at the University of Latvia, Institute of Pedagogy and Psychology 1992–1994 University of Latvia, qualification obtained: Latvian teaching in minority schools 1976–1980 State Conservatorium of Latvia, qualification obtained: organiser – methodologist for cultural educational work

Academic position Lecturer

Years of pedagogical experience

20 years

Work experience Since 2001, Banking Institution of Higher Education, Head of Further Education Department, lecturer 1993 – 2001 Banking Institution of Higher Education (former: Latvian Banking College), guest lecturer for preparatory courses1994 - 2001 Sigulda City Council, deputy chairman1993 - 1994 Sigulda Secondary School No. 2, director1991 - 2001 Sigulda Secondary School No. 2, teacher of cultural history and the Latvian language (since 1994, by means of combining jobs)1985 - 1991 Riga district, Young Technicians’ Centre, methodologist 1985 - 1991 Riga Cultural Education Technical College, lecturer (by means of combining jobs)1982 - 1985 Sigulda secondary school No. 1, teacher,1978 - 1980 Professional Technical Education Committee, methodologist at the cultural centre

Pedagogic activities, courses

History of the Latvian EconomyPolitical Science

Direction of scientific research

Adult pedagogy

Publications 5

Further education 1995 - 1997 Soros foundation –Latvia’s project Efficient School

Language skills English, Russian – conversational skills

77

CV 20 October 2003 Name, surname Kristaps Lešinskis

Date of birth 25 September 1973

Education Since 2000, studies in the doctoral programme in the Faculty of Economics of the University of Latvia 1995-1997 University of Latvia, Faculty of Economics, degree obtained: master of science in economics 1991-1995 University of Latvia, Faculty of Economics, degree obtained: bachelor of science in economics

Academic position Lecturer

Years of pedagogical experience

2 years

Work experience Since 2001.g. Banking Institution of Higher Education, lecturer2000-2002 Riga Stradiņš University, European Integration Institute, guest lecturer2002-2002 Riga Culture Secondary School, teacher of economics and business basics 2000-2001 University of Latvia, Eurofaculty, EU PHARE programme’s short-term consultant 2000-2002 SIA Margaret Astor, financial consultant1999-2001 SIA Lešinskis un partneri, director1996-1999 Ministry of Economics of the Republic of Latvia, European Integration consulting unit, director, State Secretary’s assistant in EU matters 1994-1996 Ministry of Economics of the Republic of Latvia, Economic Structure Policy Department, senior assistant

Pedagogic activities, courses

Business EconomicsInternational Finance Relations Political EconomicsInternational Finance Relations

Directions of scientific research

Promotional work topic: “Latvian Labour Structure and its Compliance with the Current Market Requirements”

Publications 9

Further education Macroeconomic Policy of Denmark, Ministry of Economics of Denmark, Copenhagen, 1998 Integration Process of Austria to the EU, Ministry of Foreign Affairs of Austria, Vienna, 1998 Sweden and the EU- Swedish Ministry of Foreign Affairs, Stockholm, 1997 Danish Industries and Integration to the EU, Ministry of Foreign Affairs of Denmark, Copenhagen, 1997 Legal and Economic Aspects of the EU, University of

78

London, 1997Experience exchange tour for foreign trade issues to Aarhus University, Denmark, 1996EU Institutions and the Single Market, European Union, TEIEX office, Brussels, Belgium, 1996Macroeconomics, in-depth course, University of Latvia, Eurofaculty, Riga, 1995Microeconomics, in-depth course, University of Latvia, Eurofaculty, Riga, 1994 Macroeconomic Policy and Financial Stabilization, World Bank, Tallinn, Estonia, 1994

Language skills English, Russian – fluent

79

CV 1 October 2003

Name, surname Lāsma Lancmane

Birth date 5 January 1972

Education Since 2001, studies in the doctoral programme in management science at the University of Latvia, Faculty of Economics and Management1998 – 2000 University of Latvia, Faculty of Economics and Management, degree obtained: master of social sciences in company management 1990 – 1995 University of Latvia, Faculty of Foreign Languages, degree obtained: bachelor’s degree in English philology

Academic position Lecturer

Years of pedagogical experience

5 years

Work experience Since 2000, Banking Institution of Higher Education, lecturerSince 1998, Banking Institution of Higher Education, Head of Administrative Unit 1994 - 1998 Latvian Banking College, translator1993 - 1994 Grammar School of Nordic Languages, teacher of English 1992 - 1993 Latvian Banking College, teacher of English

Pedagogic activities Business plan development management

Directions of scientific research

Quality management in public sector organisations

Publications State administration reform and quality management ensuring in public administration. Collection of international scientific conference reports „Competition and Quality Management Issues”, Banking Institution of Higher Education, Riga, 2000.

Further education Seminar „University didactics: contemporary theory and practice”, University of Latvia, Institute of Pedagogy and Psychology, Riga, 2002Tourism Training Programme, Bornholm Erhvervsskole, Denmark, 2002„Mortgage Lending", Bornholm Erhvervsskole, Denmark, 1999

Language skills Russian, English – fluent

CV 15 October 2003

80

Name, surname Lidija Kalniņa

Date of birth 17 September 1955

Education 1994 – 1996 University of Latvia, Faculty of Foreign Languages, master of English philology1973-1978 University of Latvia, Faculty of Foreign Languages, qualification obtained: philologist, teacher of English

Academic position Assistant professor

Years of pedagogical experience

24 years

Work experience Since 1994, Banking Institution of Higher Education, assistant professor1981-1994 Riga Centre Language School teacher of the English language and literature 1979-1981 Riga City Lenin district National Education Department, personnel officer

Pedagogic activities, study courses

Business English(ESP) EconomicBanking and Financial English

Direction of scientific research

Skills –centred and learner-centred approach in teaching ESP and Bussines English

Publications Skills –centred and learner-centred approach in teaching banking English, published in compilation “Professional Economic Education: Problems and Solutions” Riga, 1999

Further education Seminar „English Academic Writing”, P.Stradiņa University, Riga, 2003Seminar Telemark college, Norway, 2002Business English Teaching Methods, Latvian English Teacher’s Association, Riga, 2000 Methodology course, Newnham Language Centre, Cambridge, England, 1999 Seminar, AIB bank, Dublin, 1997 Methodology course „English for specific purposes”, Regent Language Centre, London, 1996 Seminar „Open Week for managers”, Bath, Language Training & Consulting, England, 1995

Language skills English, Russian – fluent, Polish – basic skills

81

CV 22 October 2003 Name, surname Maira Dumpe

Birth date 14 December 1962

Education Since 2003, studies in the doctoral programme “Education Management” at the University of Latvia, Faculty of Pedagogy and Psychology1996-1998 University of Latvia, Faculty of Economics and Management, degree obtained: master’s in company management 1981 – 1986 Riga Polytechnic Institute, Faculty of Automation and Computing Technology, qualification obtained: engineer-mathematician

Academic position LecturerYears of pedagogical experience

12 years

Work experience Since 1998, Banking Institution of Higher Education, lecturer1997 – 1998 SIA Teletekno OY, marketing manager1994 -1997 Riga office of Canada’s Urbanistics Institute, project coordinator1992 – 1993 International Economics College in Riga, lecturer 1986 – 1994 Riga Technical University, Informatics and Programming Department, engineer, senior engineer, lecturer

Pedagogic activities, courses

Computer SciencesDatabase Management SystemsBasic WWW page designing principlesPresentation TechnologiesProject ManagementE-commerceInformation System Designing

Directions of academic research

Role of information technologies in business development and education

Publications 6

Further education Teacher Multiplicator Training, CarlBro Management in cooperation with the Association of Commercial Banks, 1998Sales Strategies, Mercury International, 1997Economic development of municipalities, Toronto, Canada, 1996Summer school "Business basics", Pacific Lutheran University in cooperation with the Riga Technical University, 1992

Language skills Russian, English – fluent

82

CV 20 October 2003 Name, surname Margarita Dunska

Date of birth 26 May 1963

Education 1992 University of Latvia, degree obtained: doctor of economics 1986 - 1989 Plehanov National Institute of Economics, Moscow, degree obtained: economic sciences candidate 1983 - 1985 Plehanov National Institute of Economics, Moscow, qualification obtained: economic planning, economist

Scientific degree Doctor of science in economics (Dr.oec)

Academic position Associated professor

Years of pedagogical experience

13 years

Work experience Since 2002, Banking Institution of Higher Education, Head of Economics Department, associated professor Since 2001, associated professor1996 – 2001 Head of Latvian Banking experts certification programme and examination commission „Economics and Role of Banks in Economics”1993 – 2001 Banking Institution of Higher Education, Head of the Finances Department, assistant professor1990 - 1993 University of Latvia, senior lecturer, lecturer 1990 – 1990 Latvian Institute of ARK Economics, senior research associate1986 - 1989 Plehanov National Institute of Economics, Moscow, graduate programme1985 - 1986 University of Latvia, engineer

Pedagogic activities, courses

Macroeconomics Economic Politicy of Latvia

Directions of scientific research

Theory Macroeconomics Shaping the economic policy International economicsEconomics of the EUDevelopment potential for Latvia in the international market

Publications 16

Further education Mortgage lending, Bornholm Erhversskole, Denmark, 1999Bank Operation Principles, North Lake College (USA), Riga, 1996Banking expert and lecturer training “Mortgage Lending”, Bornholm Business College, Denmark, 1996Train the Trainer, ABI bank and the Association of Latvian

83

Commercial Banks, 1996Market economy, Latvian Administration School, Denmark, 1994

Language skills Russian – fluent, English – conversational, German – basic skills

84

CV 15 October 2003 Name, surname Romāra Valdmane

Date of birth 21 August 1947

Education 1995 University of Latvia, degree obtained: master in English philology 1966 - 1971 State University of Latvia, Faculty of Foreign Languages, qualification obtained: English language and literature teacher

Academic position Assistant professor

Years of pedagogical experience

22 years

Work experience Since 1993, Banking Institution of Higher Education, assistant professor1991 – 1993 Riga Commercial School, teacher1993 Portland Senior High School, USA, English teacher in senior classes, on the basis of the Fullbright scholarship Acknowledgement deed received from the US Information Agency for successful work in Portland 1975 - 1991 Latvian Academy of Science, Language and Literature Institute, Scientific Division, research assistant 1979 – 1988 Riga Polytechnic Institute, Foreign Languages’ Department, English teacher (by means of combining jobs)1971 – 1975 Līvāni Secondary School No. 1, teacher

Pedagogic activities, study courses

General and Business English

Directions of scientific research

Terminology problems (banking, financial etc.), dictionary compilation

Publications 30 inc.Latvian Literary Language Dictionary, Zinātne, Riga, 1986–1996, volumes 4, 5, 6, 7 and 8, the total of 30 author sheets

Further education Participation in 15 countries’ project – Interlog 2 – Business terminology translation (2001 – 2003)A Certificate in Teaching English for Business, Great Britain, London, 2001Teaching Strategies, Riga, 2000Teachers Refresher Course, Great Britain Cambridge, 1999Writing Using PC, Brookhaven College, Riga, 1999Writing for Banking Purposes, Brookhaven College, 1996Short Intensive English Language Course, Great Britain, Brighton, 1995Banking English by T. Morton (USA), University of Dallas university, 1995Business Correspondence Course by S. Burton (USA),

85

Brookhaven College, 1994Business Correspondence Course by S. Burton (USA), Brookhaven College, 1992Introduction to Business by T. Morton (USA), Dallas university, 1992Business English Course, Niels Brock Copenhagen Business School, 1992

Language skills English, Russian – fluent, German – conversational skills

86

CV 15. October 2003 Name, surname Ruta Auziņa

Date of birth 12 July 1939

Education 1996 Daugavpils Pedagogic University, Doctoral degree in pedagogy, teaching methodology sub-branch1994 - 1996 Latvian University of Agriculture, master’s degree in pedagogy 1958 – 1965 Latvian University of Agriculture, qualification obtained: agronomist

Scientific degree Doctor of science in pedagogy (Dr. paed.)

Academic position Assistant professor

Years of pedagogical experience

41 years

Work experience Since 1999, Banking Institution of Higher Education, assistant professor 1999 State Bulduri Horticulture Technical College, teacher 1992 - 1999 State Bulduri Horticulture Technical College, director1973 - 1992 Bulduri Horticulture Technical College, deputy director 1968- 1973 Soviet Bulduri Horticulture Technical College, agronomist1966 - 1968 Babīte 8-years School, teacher 1962 - 1966 Burtnieki 7-years School, teacher

Pedagogic activities, courses

PsychologyBusiness Ethics

Directions of scientific research

Business ethicsPersonality psychology

Publications 7

Further education Seminar „Persuasion Skills, Self-esteem Development and Communication Theory”, Lattelekom Training Centre, Riga, 2001Latvian and foreign experience exchange in managing agricultural educational establishments, curriculum development, teaching of specialised courses, compilation of text books and teaching aids (Sweden, Finland, Germany, the Netherlands, England)English language certificate obtained, Language centre, Riga, 1997Communication psychology, Training Methodology Centre “Ozolnieki”, Jelgava, 1999

87

Language skills Russian - fluent, English – basic skills

88

CV

15 October 2003

Name, surname Sandra Kraže

Date of birth 11 March 1955

Education 1992 University of Latvia, degree obtained: doctor of science in philology 1991 – 1992 London University, Educational Institute, degree obtained: MA in Education1985 – 1986 Leningrad State University, postgraduate course1973 –1978 State University of Latvia, Faculty of Foreign Languages, qualification obtained: philologist, teacher

Scientific degree Doctor of science in philology (Dr. philol.)

Academic position Associated professor

Years of pedagogical experience

25 years

Work experience Since 1999, Banking Institution of Higher Education, Head of International Relations and Project Division and associated professor 1999 University of Latvia, Faculty of Pedagogy and Psychology, assistant professor at the Foreign Language Teaching Methodology Department 1999 Public Servise Language Centre, curriculum consultant 1994 – 1999 Language Centre, senior teacher1994 –1999 University of Latvia, Language Centre of the Natural Sciences Faculty, Foreign Languages Department, assistant professor1992 –1994 University of Latvia, Faculty of Chemistry, Faculty of Science, Foreign Languages Dptm, assistant professor1988 - 1992 State University of Latvia, Foreign Languages Department, assistant professor1986 – 1988 State University of Latvia, Foreign Languages Department, senior teacher1978 – 1986 State University of Latvia, Foreign Languages Department, teacher

Pedagogic activities, courses

English StylisticsTendencies in EnglishIntercultural Business Relations Business English Written Language English (for geography, geology and environment experts)

Directions of scientific research

Cultural diversity in the anthropological context Different text types and their importance in foreign language teaching: a discourse

89

Publications 18

Further education Courses, Banking Institution of Higher Education, 2001 -2002Conference "Transparency and accreditation for higher education", European Union, Madrid, Spain, 2002Conference "Harmonisation in higher education in Europe ", European Association of Institutions in Higher Education, Galvey, Ireland, 2002European Association of Institutions in Higher Education (EURASHE) annual conference, Viseu, Portugal, 2001Seminar on BEC exam, British Council in Latvia, Riga, 2002Course in English language and methodology, Studio School, Cambridge, Great Britain, 1996Course in business English teaching, LTS Training and Consulting, Bath, Great Britain, 1995

International and professional membership

Member of international organisation “SIETAR-EUROPA” (intercultural education, training and research) Member of the London University’s Educational Institute Association (ALUMNI) Member of the Council of the European Association of Institutions in Higher EducationPRIME Networking board memberEURASHE executive council member

Language skills English - fluentGerman – conversational skillsRussian - good

90

CV 8 October 2003 Name, surname Sandra Ozoliņa

Date of birth 16 November 1957

Education 1994 - 1996 University of Latvia, Faculty of Foreign Languages, degree obtained: master’s degree in German philology 1979 - 1982 University of Latvia, Faculty of Foreign Languages, qualification obtained: German philologist, teacher

Academic position Assistant professor

Years of pedagogical experience

21 years

Work experience Since 2002, Banking Institution of Higher Education, Head of Foreign Languages Department Since 1993, Banking Institution of Higher Education, assistant professor 1990 - 1992 Riga Commercial School, teacher 1982 - 1990 Riga Technical University, lecturer

Pedagogic activities, courses

Academic GermanBusiness German

Directions of scientific research

Methodologies and means of teaching banking terminology

Publications „Methodology and its application in developing speaking skills in German on the topic „Bank”’. Banking Institution of Higher Education, compilation of international scientific conference reports „Professional economic education: problems and solutions”, Riga, 1999

Further education Seminar „Development of Unified Criteria for Defining the Language Proficiency Level in the European Union”, Goethe-Institute, Study and information week, Luebeck, Germany, 2003Seminar„Methodical Guidelines for the Learner „Einfach Deutsch”, Goethe- Institute, Riga, 2003Seminar „Foreign Language Teaching Strategies in the Professional Universities of Germany”, Brandenburg, Germany, 2002Courses in business German, „Deutshe Auslandsgesellschaft”, Luebeck, Germany, 2001Internship at the Carl Duisberg Language Centre, Cologne, Germany, 1997Internship at the Landeszentralbank in Mainz, Germany, 1996

91

Language skills German, Russian – fluent, English – conversational skills

92

CV 20 October 2003 Name, surname Edīte Skopiņa

Date of birth 23 May 1935

Education 1965 – 1970 State University of Latvia, Faculty of Economics, qualification obtained: economist

Academic position Assistant professor

Years of pedagogical experience

32 years

Work experience 1992 Banking Institution of Higher Education, Finances Department, associated professor1973 – 1991 Ministry of Finances of the Republic of Latvia 1959 – 1973 Riga District Finances Department 1952 – 1959 Baldone District Finances Department

Pedagogic activities, courses

National taxation, duties and other state revenuesNational tax accounting

Publications „Latvian tax legislation – part of the entrepreneur’s education” – Competitiveness and education of the Latvian businessman, Biznesa augstskola „Turîba”, 1998

Further education Topicalities in Corporate Income Tax Calculation Procedure, seminar organised by magazine „Bilance”, Riga, 2003Topicalities in Legislation, seminar organised by magazine „Bilance”, Riga, 2003Taxation news, Legislative Amendments, Practical Aspects of Application / FIK „Biznesa komplekss” seminar, Riga, 2003News in VAT application in 2003, Riga, 2003Annual accounts of a company and their presentation, FIK „Biznesa komplekss” seminar, Riga, 2003On natural resources tax, seminar organised by magazine „Bilance”, Riga, 2002Qualitative Growth of the Universities and its Impact on Economic and Scientific Development / Banking Institution of Higher Education, 4th annual international conference, Riga, 2002Taxation in 2003 – How to do Business Planning, seminar organised by newspaper „Dienas bizness”, Riga, 2002What to Beware of in Respect of Natural Resource Tax, „Biznesa komplekss” seminar, Riga, 2002

Language skills Russian - fluent

93

CV 6 October 2003 Name, surname Sniedze Šreibere

Date of birth 6 September 1956

Education Since 2003, studies in doctoral study programme “Education management” at the University of Latvia, Faculty of Pedagogy and Psychology1977 - 1982 State University of Latvia, Faculty of Law, qualification obtained: lawyer

Academic position Assistant professor

Years of pedagogical experience

11 years

Work experience Since 1997 Banking Institution of Higher Education, assistant professor, lawyer1995 - 1996 SIA Felikss, lawyer 1989 - 1995 Rīgas Komercbanka, Head of Legal Department1985 - 1989 Riga District People’s Court, judge1983 - 1985 Riga City Proletarian District Prosecutor’s Office, prosecutor’s assistant1982 - 1983 Ventspils Inter-district Prosecutor’s Office, intern

Pedagogic activities, courses

EU LawLabour LawEconomic LawLaw

Directions of scientific research

Autonomy and centralisation of higher educational institutions

Publications 4

Further education Seminar „State and Municipality Procurement”, University of Latvia, Municipal and project management state training, Riga, 2003Seminar complex on the new labour law, Latvian Legal Centre, Riga, 2002Banking Institution of Higher Education, 4th international scientific conference „ Qualitative Growth of Universities and its Impact on Economic and Scientific Development”, Riga, 2002Course „Tourism Business”, Business & Technical College of Bornholm, Denmark, 2001 – 2002

Language skills Russian – fluent, English – conversational skills

94

CV 15 October 2003 Name, surname Roberts Soms

Date of birth 6 December 1934

Education 1993 University of Latvia, doctor of sciences in economics 1952 – 1957 State University of Latvia, Faculty of Economics and Law, qualification obtained: economist, finance expert

Scientific degree Doctor of science in economics (Dr. oec.)

Academic position Assistant professor

Years of pedagogical experience

41 years

Work experience Since 2001, Banking Institution of Higher Education, head of the Economic Information Specialisation Department 1996 – 2001 working on company insolvency and liquidation cases (VAS Latvijas Aviolīnijas, PVAS Rīgas vagonu rūpnīca)1994 – 1995 AKB Riga-Bank (Trasta Komercbanka), vice-president, president1977 – 1993 Deputy director of the Latvian Economic Institute, director1965 – 1977 USSR Central Statistics Bureau, ZPI Latvian Department, head of department1955 – 1965 Latvian Academy of Science, Economics Institute, research assistant, research secretary1975 – 1998 State University of Latvia, Faculty of Economics and Management, assistant professor, Latvian International Relations Institute1969 – 1974 State University of Latvia, Head of Economic Cybernetics Department, assistant professor

Pedagogic activities, courses

Business EconomicsFinance Management

Directions of scientific research

Regional agricultural development and financial problems

Publications 55

Language skills Russian - fluent,German – conversational skills

95

CV 15 October 2003 Name, surname Staņislava Titova

Date of birth 11 August 1951

Education 1972-1977 State University of Latvia, Faculty of Trade Economics, qualification obtained: economist

Academic position Assistant professor

Years of pedagogical experience

20 years

Work experience Since 2003, Banking Institution of Higher Education, Deputy Head of the Study Department, assistant professorSince 2001, Banking Institution of Higher Education, assistant professor 1995 – 2001 Banking Institution of Higher Education, guest lecturer1993 - 2001 State Revenue Service, Tax Department Audit Division, Head of Methodology Unit1993 – 1993 Chief Financial Inspection, Tax Control Department, Head of Revenues Division 1991 – 1993 Riga City Central Urban District Financial Inspection, Cooperative Department, Head of Payment Division1990 – 1991 Riga City Central Urban District Financial Inspection, Price Department, senior expert1976 – 1990 Republican Trade and Culinary School, teacher, production and training expert, head of the trading methodology commission 1970 – 1976 State University of Latvia, Study Department, senior statistician, economist

Pedagogic activities, courses

Taxes and Duties in Latvia Financial System Tax AuditState and Municipal Budget Trade Organisations and TechnologiesProduction Goods MerchandisingCash RegistersProfessional Ethics

Publication “No one expects an auditor”, magazine “Bilance”, 2001, No.10(22)

Further education Additional education programme “University Didactics: Contemporary Theories and Practice”, University of Latvia, Pedagogy and Psychology, Riga, 2002Training „Taxation Politicy in the Baltic Countries”, OECD, Tallinn, 2000Seminars on tax administration, audit, inter-country audit,

96

transfer prices, tax evasion, OECD, Denmark, Turkey, Sweden, Austria, 1998 – 2000Customer service psychology, State Administration School, Denmark, 1999Taxation of Insurance Companie, Budapest, Hungary, 1998Seminar „Banking service management”, Bornholm University, Denmark, 1998

Language skills Russian – fluent

97

CV 15 October 2003 Name, surname Tatjana VolkovaBirth date 11 October 1960

Education 1992 – University of Latvia, doctoral degree in economics 1982 - 1986 Moscow State University, post-graduate/research programme 1978 - 1982 State University of Latvia, Finances and Trade Faculty, qualification obtained: economist

Scientific degree Doctor of science in economics (Dr.oec.)

Academic position Associated professorYears of pedagogical experience 21 yearsWork experience Since 1999, Banking Institution of Higher Education, pro-

rector, associated professor1998 – 2000 Banking Institution of Higher Education, Head of Further Education Dptm, assistant professor1995 – 1998 Representative Office of the World Savings Companies’ Council in Latvia, training manager 1986 – 1998, University of Latvia, Faculty of Management and Economic Information, assistant professor 1993 – 1995 SIA Rotterdam Consult, head of the Dutch financial consulting company

Pedagogic activities, courses

Business EconomicsBusiness ManagementEU and BusinessStrategic Management

Directions of scientific research

EU and businessStrategic management

Publications The total of 51

Further education International Management Teachers Academy, CEEMAN, Bleda, Slovenia, 2002Human Resources Management, Luxemburg, 1999Mortgage Lending, Bornholm Erhvervsskole, Denmark, 1999

Social activities European movement in Latvia, board memberBaltic management development association (BMDA), board memberAcademy of Science, head of the economic terminology sub-commission

Language skills Russian, English - fluent

98

CV 19 October 2003 Name, surname Terēza Korsaka

Date of birth 19 June 1964

Education Since 1996, the doctoral studies programme at Riga Technical University 1994 - 1996 Riga Technical University, Faculty of Engineering and Economics, degree obtained: master’s degree of engineering science in management organisation 1985 - 1991 State University of Latvia, Faculty of Finances and Trade, qualification obtained: economist

Academic position Assistant professor

Years of pedagogical experience

12 years

Work experience Since 1997, Banking Institution of Higher Education, manager of Practice, assistant professor1992 - 1997 Banking College, internship manager, lecturer1990 - 1992 Riga Accounting and Credit College, lecturer1985 - 1990 LSSR State Bank Riga City Distr. office, credit inspector

Pedagogic activities, courses

Management AccountingBusiness AccountingBank AccountingFinancial Management

Directions of scientific research

Accounting

Publications 14, incl. two teaching aids

Further education Course for Obtaining Top-level Certificate in Accounting, International Federation of Accountants (Great Britain), „final” level certificate”, 2002Course for Obtaining Top-Level Certificate in Accounting, International Federation of Accountants (Great Britain), „intermediate” level certificate, 2001 – 2002Additional Education Course, International Management Institute in St. Petersburg, Russia, (certificate No. 007146 on completion of the programme Winter School Workshop for Business Course Instructors), 2000Seminar „Securities and Accounting”, KPMG, LKA KMC, LZRA Education Centre, Riga, 2000

Language skills English – basic skills, Russian - fluentCV

11 October 2003

99

Name, surname Uģis Zālītis

Date of birth 14 September 1942

Education 1992 University of Latvia, doctor’s degree of sciences in economics 1976 – 1979 Moscow Financial Institute, postgraduate programme1971 – 1976 State University of Latvia, Faculty of Finances and Trade, qualification obtained: economist

Scientific degree Doctor of science in economics (Dr.oec.)

Academic position Associated professor

Years of pedagogical experience

31 years

Work experience Since 2003, Banking Institution of Higher Education, acting rector2002 – 2002 Banking Institution of Higher Education, Head of Finance Department2001 – 2002 Banking Institution of Higher Education, Head of Banking Department1995 – 2000 a/s Latvijas Krājbanka, Department of administration of branches, regional manager1993 – 1995 a/s Banka Baltija, a/s Rîgas Starptautiskâ banka, branch manager1985 - 1992 State University of Latvia, Faculty of Finance and Trade, Dean 1982 – 1985 State University of Latvia, Finance and Credit Department, assistant professor1977 – 1979 Faculty of Finances and Trade, Finances and Credit Department, senior lecturer 1963-1977 State Insurance Department, controller-auditor

Pedagogic activities, courses

Banking Transactions Bank Management Insurance and Financing Theory of Finance

Directions of scientific research

Theoretical and practical aspects of the assets and liability management of Latvian commercial banks

Publications 15

Further education Pedagogic Professional Development Courses, at the Banking Institution of Higher Education, 2003Internship at the Bank of Ireland and Sligo Institute of Technology, Accreditation Council of the Higher Education in Ireland, Ireland, 2001

Finance and Lending Theory, Aarhus University, Denmark, 1992

Language skills Russian - fluent, English – conversational skills100

101

CV 15 October 2003 Name, surname Veneranda Grišāne

Date of birth 5 January 1950

Education 2000 – 2002 University of Latvia, Faculty of Economics and Management, master’s degree of social sciences in economics 1976 – 1981 State University of Latvia, Faculty of Finance and Trade, qualification obtained: economist 1970 - 1973 Latvian Extramural Agricultural Technical College, qualification obtained: accountant1968 - 1969 Riga City Professional Trade School No. 19, qualification obtained: secretary – shorthand writer - typewriting expert

Academic position Lecturer

Years of pedagogical experience

20 years

Work experience Since 1999, Banking Institution of Higher Education, lecturer1994 - 1998 SIA Kitija, chief accountant1988 - 1993 Latvian Extramural Agricultural Technical College, lecturer on economic and legal subjects1984 - 1988 Latvian Extramural Agricultural Technical College, chief accountant1983 - 1984 Riga City Social Security Office, chief accountant1976 - 1983 Latvian Extramural Agricultural Technical College, chief accountant1973 - 1976 Latvian Extramural Agricultural Technical College, senior accountant1969 - 1973 Latvian Extramural Agricultural Technical College, secretary - typist – proof-reader

Pedagogic activities, courses

Financial accountingOffice work

Directions of scientific research

Legal basis of company’s shareholder’s equity and its recording in financial accounting

Further education Course for Obtaining Top-level Certificate in Accounting, International Federation of Accountants (Great Britain), „final” level certificate”, 2002Course for Obtaining Top-level Certificate in Accounting, International Federation of Accountants (Great Britain), „intermediate” level certificate, 2001 – 2002Seminar „International Accounting Standards”, International Federation of Accountants, London, 2002Qualification Training on Accounting Standards,

102

International Banking Institute, St-Petersburg, 2001Certified Auditor’s Course, Training Centre of the Association of Certified Auditors of Latvia, Riga, 1998

Language skills Russian - fluent

103

CV 15 October 2003 Name, surname Viktorija Raņķevica

Birth date 18 August 1950

Education Since 2001, studies in the doctor’s study programme at the Agricultural University of Latvia1996 – 1998 University of Latvia, Faculty of Economics and Management, master’s degree of social sciences in economics obtained1968 - 1973 State University of Latvia, Faculty of Economics, qualification obtained: economist, mathematician

Academic position Assistant professor

Years of pedagogical experience

21

Work experience Since 2000 - Banking Institution of Higher Education, assistant professor1996 – 2000 Banking Institution of Higher Education, lecturer1992 – 1996 Latvian Banking College, chief accountant, lecturer1991 – 1992 Centralised Accounting of Riga Medical Schools, deputy chief accountant1978 – 1991 TTP Accounting and Computing Department, manager1973 – 1978 Social Security Ministry, Computing centre, economist

Pedagogic activities, names of courses passed

Financial AccountingTax Politics

Directions of scientific research

Special economic zones

Publications 8

Further education Tourism business, Bornholm Business College, Denmark, 2002Accounting Course, International Federation of Accountants (Great Britain), „final” level certificate”, 2002Accounting Course, International Federation of Accountants (Great Britain), „intermediate” level certificate”, 2001Qualification Training on Accounting Standards, International Banking Institute, St-Petersburg, 2001Budget accounting, University of Latvia, Riga, 2000 Mortgage Lending, Bornholm Business College, Denmark, 1999Customer Service and Quality Management, Bornholm

104

Business College, Denmark, 1998

Language skills Russian - fluent,English – conversational skills

105

CV 18 October 2003 Name, surname Vilhelmīne Vuškāne

Date of birth 2 April 1959

Education

2000 - 2001 Faculty of Pedagogy of the University of Latvia, master’s degree in Educational Sciences in pedagogy 1977 - 1982 State University of Latvia, Faculty of Foreign Languages, qualification obtained: translator

Academic position Lecturer

Years of pedagogical experience

21 years

Work experience Since 2000, Banking Institution of Higher Education, lecturer2000 – 2000 Language Centre, deputy director 1999 – 2000 Language Centre, executive director1994 - 2000 Language Centre, senior lecturer1994 – 1994 British tourism company Gold Crown Resorts,

translator1982 - 1993 Baldone Secondary School, English teacher1992 Odense (Denmark) Teacher’s College, guest lecturer1985 - 1990 Baldone Secondary School, deputy director

Pedagogic activities, courses

Business EnglishGeneral EnglishEnglish for Specific Purposes (ESP).

Directions of scientific research

Intercultural aspects in business situations and tourism

Publications Methodological guidelines for working with I. Jundze’s book ”Latvian Language for a Businessman’’, Zvaigzne ABC, 1999 (introductory part)

Further education Intercultural Communications Management, ICPW, Great Britain, 2003Distant Learning Course in Tourism Management, Bornholm (Denmark) Tourism school, 2001 - 2002Internet Usage in English Language Teaching, British Council, 2000English for Diplomats, British Council, 1999 - 2000English Language and Methodology, Studio School, Cambridge, 1996Teaching of Business English, LTS Training and consulting, Bath (Great Britain), Certificate (with distinction) by London Chamber of Commerce and Industry, 1995

Language skills English, Russian – fluent, Polish - conversational skills

106

History of Economy of the Baltic States

Credits: 2 credits (C subject)

Required background knowledge: history, history of Latvia to the extent of secondary school curriculum, basic knowledge in economics

Course summary: The purpose of the course lies in introducing the students to historical development of the national economies in the Baltic States with a special focus on the development of Latvian economy. The course is aimed at providing an insight into particular expressions of the theory of economics within the context of national economy of the aforementioned countries. The course dwells on the conditions of national economy and the structure of economy sectors, including comparison between the Baltic states; sources and origins of national economy; development of national economy in Latvia, Lithuania and Estonia since the 17th century; historical development of specific industries in the three Baltic countries; formation of economies of independent Baltic states; development and collapse of the economy while being the part of the Soviet Union, development of national economy during post- independence restoration period.

Key topics:1. Concept of national economy, structure of national economy sectors,

Dawn of national economy in Baltic and in Latvia.2. The Duchy of Courland, XVII century. Swedish reign.3. The Baltic countries within the Russian Empire, the end of XIX – beginning of XX century.4. The collapse of Russian Empire. Formation of independent states.5. Independence period between two World Wars.6. Soviet era – Latvian SSR, Lithuanian SSR and Estonian SSR, 1940-1990’ies.7. National economy of the Baltic States in the restored independence period.

Requirements for passing the course: Active participation in seminars, positive assessment of individual assignment, two written tests and passed exam.

The assessment is comprised of:

1. Participation and work quality in seminars 10%2. Individual assignment 10%3. Written tests 30%4. Examination assessment 50%

Bibliography:

1. Aizsilnieks A. Latvijas tautsaimniecības vēsture. – Sweden: Daugava, 1968. 2. Ducmanis K. Iz Baltijas provinču tiesībām. – Rīga: [b.i.], 1913. 3. Jenšs J. Kapitālistiskā manufaktūra Vidzemē 18.gs. beigās un 19.gs. sākumā. – Rīga: [b.i.], 1951.4. Krastiņš O. Latvijas saimniecības vēsturiskā pieredze 1918.-1940. 1. un 2. daļa. – Rīga: Latvijas

Statistikas institūts, 1996.

5. Latvijas padomju enciklopēdija. 5., 2. sēj. – Rīga: Galvenā enciklopēdijas redakcija. 6. Švābe A. Latvijas vēsture, 1800-1814. – Rīga: [b.i.], 1991.7. Zutis J. Baltijas jautājums 18.gadsimtā. – Rīga: [b.i.], 1951.8. Германия и Прибалтика. /Межвед. сб. научных трудов. – Рига, 1980.

107

European Integration

Credits: 1 credit (C subject)

Required background knowledge: macroeconomics, national economy of Latvia

Course summary: The course is aimed at forming the understanding of the purposes of establishment of the European Union, the stages of its development and current integration processes.

The course discusses the framework of the European Union and its administrative bodies. It provides an insight into the EU law, legislation and decision-making procedures. The course analyses the basic principles of the

EU policies, with a special attention paid to the regional and structural policies and practical implementation thereof, evaluates the EU enlargement process

and the role of Latvia in this process. Key topics:

1. History of the European Union.2. Administrative bodies and legislation of the European Union. 3. “Three pillars” of the European Union. 4. Economic integration of the European Union. 5. Basic principles of the EU budget formation. 6. Regional structural policy. 7. The European Union and Latvia.

Requirements for passing the course: Positive assessment of practical work and passed general test.

The assessment is comprised of:1. Practical work 40%2. General test 60%

Bibliography:

1. Ābols G. Kāpēc Eiropa? – Rīga: Zinātne, 1996.2. Dunska M. Eiropas Savienības ekonomikas pamati. Mācību līdzeklis. – Rīga: Banku augstskola, Rasa ABC, 2000.3. Eiropa no A līdz Z. Eiropas integrācijas rokasgrāmata. – Rīga: Alberts XII, 2000.4. Harris N. European Business. 2th ed. – London, 1999.5. Kas Latvijas uzņemējam jāzina par Eiropas Savienību? / Eiropas kustība Latvijā; Sast. T.Volkova. 2.papild. izd. – Rīga: Rasa ABC, 2003.6. Leach R. EUROPE. A Concise Encyclopedia of the European Union from Aachen to Zollverein. – London, 1998.

108

Economics of Entrepreneurship

Credits: 5 credits (A subject)

Required background knowledge: microeconomics, basic knowledge in accounting

Course summary: The purpose of the course is to evoke general understanding of business and entrepreneurship in its substance, the main business processes and concepts, their interpretation, essence and meaning; to provide an in-depth analysis of particular business management related issues that are basically linked with business efficiency improvement factors and methods. The course deals with commercial and non-commercial forms of business, legal framework for starting-up the entrepreneurial activity; demonstrates and

analyses the role of a business plan, the procedure and key principles for development of a business plan; dwells on economic aspects of business

(entrepreneurial) activity (funds, sources of financing, costs, pricing, procurement, size and scope, human resources policy, etc.); analyses the major problems faced by an entrepreneur when starting-up and performing business activity, thus providing the students with the required decision-making skills.

Key topics:1. Substance of business activity. Entrepreneurial activity and commercial activity Concept and

objectives of enterprise. Types of entrepreneurial activity. Branches of entrepreneurial activity in Latvia

2. Forms of entrepreneurship3. Legal and organisational structure of enterprise establishment4. Business planning and functions5. Business environment 6. Assets of a company and their structure7. Sources of financing 8. Production costs and costs of sales. Human resources of an enterprise. Prime cost, its determination.

Size of a company9. Small and medium enterprises (SMEs)10. Concept of commodity (goods), pricing. Price types.11. Substance of profit. Profit forming sources.12. Efficiency of entrepreneurship and affecting factors. Quality management systems and their role in

efficiency improvement.13. General theory of decision-making. Decision-making process.14. System of the production factors. Means of production. Industrial objects15. Description and factors affecting the financial decision-making16. Acquisition and preparation of production factors 17. General characteristic of production planning and related issues18. Market and market policy. Market research. Corporate pricing policies19. Description of corporate cooperation and concentration. Co-operation and forms of cooperation.20. Trends of economic efficiency improvement of an enterprise.

Requirements for passing the course: Active participation in seminars, positive assessment of three written tests and of an individual assignment, passed exam.

The assessment is comprised of:1. Participation and work quality in seminars 15%2. Individual assignment 15%3. Written tests 30%

109

4. Examination assessment 40%

Bibliography:

1. Laws and regulations of the Republic of Latvia governing the entrepreneurial activity. 2. Diderihs H. Uzņēmumu ekonomika. - Rīga: Zinātne, 2000.3. Hofs K.G. Biznesa ekonomika. – Rīga: J.Rozes apgāds, 2002.4. Rurāne M. Uzņēmuma finansu vadība. – Rīga: Turības mācību centrs, 1997.5. Vedļa A. Uzņēmējdarbības kurss. - Rīga, 2000.6. Živītere M. Komercdarbības (biznesa) plāns. – Rīga: KIF „Biznesa centrs”, 1999.7. Reports of the Ministry of Economics of the Republic of Latvia on the development of the

national economy.

110

Mathematics

Credits: 5 credits (A subject)

Required background knowledge: mathematical elements

Course summary: The purpose of the course is to ensure a general understanding of the basic concepts and coherencies that are extensively applied in economics and business; introduce the students to the basic methods of financial calculations and analysis related to the time value of money; teach the students to apply the methods of yield calculation and cash flow analysis to various financial models. During the study process the students are to acquire the knowledge and skills to such an extent that would enable them to apply the mathematical methods in a productive and creative manner and interpret the calculation results derived through the mathematical models. The course deals with the topics like functions of one or several variables and its limits, derivatives, integration and their application, elements of linear algebra, theory of interest rates and force of interest, discrete and continuous cash flows, annuities, the equivalence principle and its application in finance calculations.

Key topics:1. Mathematical modelling.2. Elements of set theory.3. Functions.4. Limits and continuity.5. Derivatives and elasticity.6. Investigation of behaviour of functions using derivative technique.7. Functions of several variables.8. Elements of linear algebra.9. Integrals and their application in economics.10. Theory of simple interest rates.11. Theory of compound interest schemes. 12. Impact of inflation.13. Cash flows.14. Basic compound interest functions - annuities.15. Annuities in different financial models.16. Discounted cash flows and their analysis.

Requirements for passing the course: Active participation in practical classes, individual home tasks, positive assessment of four written tests and general test, passed examination.

The assessment is comprised of:1. Participation and work quality in practical classes 10%2. Assessment of written tests 20%3. Assessment of test paper 20%4. Examination assessment 50%

Bibliography:

1. Bože Dz., Biezā L., Siliņa B., Strence A. Uzdevumu krājums augstākajā matemātikā. – Rīga: Zvaigzne, 1986.

2. Buiķis M. Finansu matemātika. – Rīga: RSEBAA, 2002.3. Jaunzeme M. Finanšu matemātika: Definīcijas, formulas, piemēri. – 2.pārstr. izd. – Rīga: Biznesa

augstskola Turība, 2001.

111

4. Revina I., Gulbe M., Peļņa M., Bāliņa S. Uzdevumu krājums ekonomistiem. – Rīga: Zvaigzne ABC, 1997.

5. Šteiners K. Augstākā matemātika. 1.- 4.daļas. – Rīga: Zvaigzne ABC, 1998.- 1999.6. Harshbarger R.J., Reynolds J.J. Mathematical Applications for Management: Life and Social

Sciences. – HMC, 2000.7. Кутуков В.Б. Основы финансовой и страховой математики. Методы расчёта кредитных,

инвестиционных, пенсионных и страховых схем. – Москва: Дело, 1998.

112

Statistics

Credits: 2 credits (A subject)

Required background knowledge: mathematics

Course summary: The course is aimed to provide the students with basic knowledge in data collection, processing and analysis, to introduce students to the basics of probability theory and mathematical statistics. The course in detail analyses the methods of statistical data collection, systematisation and graphical data plotting methods; calculation and analysis of descriptive variables, basic concepts of index and the identification of correlation between two random variables; provides an insight into the theory of probability, distributions of random variables and their characteristics estimation and the elements of hypothesis testing theory.

Key concepts:1. Methods of statistical data collection.2. Descriptive statistics of a single variable.3. Grouping and plotting of data.4. Descriptive statistics of numerous variables.5. Analysis of correlations between variables.6. Concept of index.7. Concept and application of time series.8. Introduction to probability theory.9. Discrete random variables.10. Continuous random variables.11. Empirical distributions.12. Point estimation.13. Interval estimation.14. Hypothesis testing.

Requirements for passing the course: Active participation in practical classes, positive assessment of two written tests and passed exam.

The assessment is comprised of:1. Participation and work quality in practical classes 20%2. Written tests 30%3. Examination assessment 50%

Bibliography:

1. Arhipova I., Bāliņa S. Statistika ekonomikā. Risinājumi ar SPSS un Microsoft Excel. – Datorzinību Centrs, 2003.

2. Goša Z. Statistika. – Rīga: Latvijas Universitāte, 2002.3. Koliškins A., Volodko I. Varbūtību teorijas un statistikas elementi. – Rīga: Rīgas Tehniskā

universitāte, 2000.4. Andrew A., Bloomfield D., Booth Ph., England P. Investment Mathematics and Statistics. –

London: Graham & Trotman, 1993.5. Levin R.I., Rubin D.S. Statistics for Management, Part A , B. – 1998.

113

Microeconomics

Credits: 3 credits (A subject)

Required background knowledge: mathematics, basic knowledge in economics

Course summary: The objective of the course is to evoke general understanding of regularities that underlie the principles of market functioning and behaviour of the market participants. The course discusses the concept of market equilibrium and provides the understanding of the market as a self-regulatory process functioning within the context of interaction between the demand and supply; explains different concepts of flexibility in demand and supply; discusses the key principles of consumer’s and manufacturer’s behaviour; as well as looks into various types of competition.

Key topics:1. Introduction to the theory of economics 2. Alternative costs, curve of production possibilities. Comparative and absolute advantage of trade.3. Demand, supply and market equilibrium.4. Flexibility of demand and supply.5. Rational behaviour of a consumer. 6. Manufacturer’s behaviour. 7. Monopoly, monopolistic competition and oligopoly.

Requirements for passing the course: Active participation of filling-in five tests, positive assessment of three written tests and passed exam.

The assessment is comprised of:1. Written tests 30%2. Examination assessment 70%

Bibliography:

1. Gods U. Mikroekonomika. 1.daļa. – Rīga: Turības mācību centrs, [b.g.] 2. Gods U. Mikroekonomika. 2.daļa. – Rīga, Turības mācību centrs, 1998. 3. Samuelson P.A. Economics / P.A.Samuelson, W.D.Nordhaus. – 17 th ed. – Boston: McGraw-Hill

Irwin, 2001. 4. Škapars R. Mikroekonomikas teorijas pamati. – R.: Latvijas Akadēmiskā bibliotēka, 1998. 5. Škapars R. Mikroekonomika. – Rīga, Latvijas Universitāte, 2001. 6. Ðkapars R. Uzdevumi un testi mikroekonomikâ.– Rîga, Latvijas Universitâte, 2002.

114

Macroeconomics

Credits: 3 credits (A subject)

Required background knowledge: microeconomics, mathematics

Course summary: The purpose of the course lies in providing a general understanding with respect to regularities that underlie the functioning of

market economy at a macroeconomics level. The course demonstrates general and overall regularities of economic

development, relations and proportions between various constituents of economics. The course also introduces the students to the key macroeconomic

figures; analyses the major types of market and the role of international relations in economy. The course gives a general notion of balance, stability and equilibrium at a macro level, as well as understanding of the economic

development prospects. The course teaches to evaluate the role of the state in the economy, as well as s the key principles, substance and types of economic

(monetary, fiscal) policy.

Key topics:1. Introduction to macroeconomics 2. Key figures of macroeconomics 3. Equilibrium and stability of macroeconomics 4. State budget, taxes, fiscal policy 5. Money market functioning, monetary policy 6. Economic growth 7. International economic relations

Requirements for passing the course: Active participation in seminars, positive assessment of two individual assignments and a written test and passed exam.

The assessment is comprised of:1. Performance of individual assignments 20%2. Written test 20%3. Examination assessment 60%

Bibliography:

1. Bikse V. Makroekonomika. – Rīga: SIA Izglītības soļi, 2003. 2. Bikse V. Makroekonomikas pamati. Teorija, problēmas, politika. – Rīga: LU, 1998. 3. Gods U. Makroekonomika. – Rīga: Biznesa augstskola Turība, 2002. 4. Kassalis E. Makroekonomika. Ievadkurss makroekonomikā. – Rīga: LU, 2000. 5. McConnel C.B., Brue S.L. Economics Principles, Problems and Policies. – McGrow- Hill, inc. –

1996. 6. Šenfelde M., Ņikitina V., Kullesa I. Ievads makroekonomikā. – Rīga: Kamene, 2000.

115

Econometrics

Credits: 2 credits (A subject)

Required background knowledge: mathematics, statistics, microeconomics, macroeconomics

Course summary: The purpose of the course is to provide basic knowledge in econometrics and the key issues of particular parts of econometrics.The course discusses the econometric aspects of random selection method, formulation and verification of statistic hypothesis, analysis of regressions and correlations for the purpose of studying the economic problems at a macroeconomic and microeconomic level. Students are introduced to the major econometric macro-models – production functions, key elements of inter-industry analysis as a part of the econometric macro model. The course demonstrates the interconnection and unity between the elements of microeconomics, macroeconomics and econometrics. The students are taught how to apply the random selection method and the analysis of regression in the field studies of economic nature in the simplest cases and how to apply the analysis of correlations and regression in the research of equation and type of economic coherencies.

Key topics:1. Introduction to econometrics.2. Random selection method3. Analysis of regression as a tool for development of econometric models.4. Econometric macro-models.5. Production functions.6. Inter-industries analysis

Requirements for passing the course: Active participation in seminars, development of an individual assignment, positive assessment of a written test and passed examination.

The assessment is comprised of:1. Written test 20%2. Individual assignment 20%3. Examination assessment 60%

Bibliography:

1. Krastiņš O. Varbūtību teorija un matemātiskā statistika. – Rīga: Zvaigzne, 1985.2. Krastiņš O. Statistika un ekonometrija. – Rīga, 1998.3. Revina I. Ekonometrija. – Rīga: LU, EiroFaculty, 2002.4. Arrow K.J., Intrilligator M.D. Handbook of Mathematical Economics. – Amsterdam, vol.1., 2., 1981, vol.3., 1982.5. Leontief, W. Input-Output Economics. – New York, 1966.6. Браверман Э.М. Математические модели планирования и управления в экономических системах. – Москва, 1976.

116

Operations Research

Credits: 2 credits (A subject)

Required background knowledge: mathematics, microeconomics, macroeconomics

Course summary: The course is aimed at introducing the students with the formal methods of decision-making. The course dwells on optimisation models used in decision-making processes. The students acquire general knowledge on the structure of optimisation models, formation principles and model-based problem analysis. The course provides the classification of decision-making situations, the key decision-making principles in a risk and uncertainty situations. The course is focused on linear programming and basics of game theory and net-type planning.

Key topics:1. Introduction to operations research2. Classification of decision-making situations3. Linear programming4. Non-linear programming5. De-composition of target and net-type planning6. Game theory

Requirements for passing the course: Active participation in the practical classes, the assessment of individual assignment and a written test, passed exam.

The assessment is comprised of:1. Written test 20%2. Individual assignments 20%3. Examination assessment 60%

Bibliography:

1. Frolova L. Ekonomisko procesu matemātiskā modelēšana: Teorija un prakse. – Rīga: LU, 2000.2. Kļaviņš D., Zelčs P. Operāciju pētīšanas matemātiskās metodes. – Rīga: LU, 1979.3. Kļaviņš D. Optimizācijas metodes ekonomikā: Mācību līdzeklis. 2.daļa. – Rīga: Datorzinību centrs, 2001.4. Arrow K.J., Intrilligator M.D. Handbook of Mathematical Economics. – Amsterdam, vol.1., 2., 1981, vol.3., 1982.5. Gale D. The Theory of Linear Economic Models. – New York, 1960.6. Lancaster K. Mathematical Economics. – New York, 1968.7. Канторович Л.В., Горстко А.Б. Оптимальные решения в экономике. – Москва, 1972.

117

International Entrepreneurship and CompetitionCredits: 2 credits (A subject)

Required background knowledge: microeconomics, macroeconomics, economics of entrepreneurship

Course summary: The purpose of the course lies in introducing the student to the essence of the international economy, key principles of the international economic competition and business, distinctive features and management of multinational company operations, as well as the necessity for the contemporary economic integration and development.

The course discusses the economic, scientific and technological processes underlying the system of the world’s economy, incl. the industry and company systems, essential for evaluating the operations of multinational companies, movement of goods, services, technology, labour and capital, forms of international trade and settlements. The students are to obtain knowledge on the distinctive features of international commercial transactions in various markets. Along the course, the students are introduced to the company operations on a global scale, and to external economic policy issues at a national level.

Key topics:1. Introduction to international economy and competition. Basics of international business.2. Development of global economy and economies of specific countries.3. International trade theories.4. International trade in services.5. International movement of capital.6. International movement of labour.7. International trade in technologies.8. Foreign trade and investment policy, its instruments.9. The role of the country in promoting international business, competition and competitiveness.10. Multinational company and competitive advantages.11. Management of a multinational company.12. Management of export-import operations in a multinational company.13. Development of a global strategy in a multinational company.14. Operations of the international currency market.15. Economic integration.16. International economic organisations.

Requirements for passing the course: Active participation in seminars, delivery of two practical work papers, positive assessment of a report and written test, passed exam.

The assessment is comprised of:1. Report and practical work papers 30%2. Written test 30%3. Examination assessment 40%

Bibliography:

1. Bojārs J. Starptautiskās investīcijas. – Rīga, 2000.2. Grosse R., Kujawa D. International Business. – Illinois, USA: Irwin, 1988.3. Hitiris T. European Union Economics. Fifth edition.- Harlow-: Prentice Halls, 2003. 4. International Business.- London: Pearson Education Ltd., 2002.5. Libermanis G. Starptautiskie ekonomiskie sakari un Latvija. – Rīga: Kamene, 1999.6. Oļevskis G. Starptautiskā ekonomika. – Rīga: J.Rozes apgāds, 2000.

118

7. Porter, Michael E., The Competitive Advantage of Nations. – New York: The Free Press, Simon&Schuster Inc., 1990.

119

National Economy of Latvia

Credits: 2 credits (A subject)

Required background knowledge: History of the economics of the Baltic countries, economics of entrepreneurship, macroeconomics

Course summary: The purpose of the course lies in introducing the student to the status of the economic development in the Republic of Latvia, distinctive features of the regional and industrial structures, progress of social processes.

During the course, the students cover the development course of the economics of Latvia, key economic indices, their trends, structure, related problems and potential solutions thereto. The course dwells on the activities, external competition and development prospects of the industries constituting the national economy– manufacturing, agriculture, power, and service industries. Attention is paid to the disproportionate regional development, development of and problems with the social sector.

The course discusses the basic types of the national economic policy - monetary, fiscal, structural, regional, social policies, foreign economic activities, their implementation possibilities, and instruments. One of the tasks of the course is to introduce the student to the economic development strategy of Latvia.

Key topics:1. Conditions for the development of economy of Latvia.2. Key indices of the economic development.3. Structure of industries in Latvian economy. Key industries.4. Description of the regional economic development.5. Social processes, employment in Latvia.6. External economic relations of Latvia.7. Key types of economic policy.8. Economic development strategy.

Requirements for passing the course: Active participation in the classes, positive assessment of a report and written test, passed exam.

The assessment is comprised of:1. Report 30%2. Written test 20%3. Examination assessment 50%

Bibliography:

1. Laws and regulations of the Republic of Latvia.2. Statistical data from the Bureau of Statistics of the Republic of Latvia.3. Monetary reviews of the Bank of Latvia.4. Reports of the Ministry of Economics of the Republic of Latvia on the development of the

national economy.5. Zīle R., Šteinbuka I., Počs R. u.c. Latvija uz XXI gadsimta sliekšņa. – Rīga: Jāņa sēta, 1999.6. Brian J.Berry, Edgar C.Conking, D.Michael Ray The Global Economy in Transition. – London:

Pearson Education, 1997.

120

Finances II

Credits: 2 credits (A subject)

Required background knowledge: mathematics, statistics

Course summary: The purpose of the course lies in introducing the student to the structure and operational principles of the securities market in general and in Latvia, to place the Latvian securities market in the international context, provide an insight to the pricing mechanisms for securities and key principles and models for forming investment portfolios, provide an ability to formulate an optimum investment portfolio definition task.

The course discusses the securities market players, legislative basis of the Latvian market, key indices. The course also provides an insight to the key notions of statistics regarding securities, as well as the statistic background knowledge required to form an investment portfolio: random variable statistics, time and risk factors in economy.

Within the framework of the course the students learn to evaluate the market prices and yields of bonds, are introduced to the investment diversification and risk hedging principles, model for a mark-to-market pricing of capital assets and its applications.

Key topics:1. Securities market and its functions. Securities market models.2. Securities (financial instruments) as an object of investment. Types of securities.3. Subjects of the securities markets. Key principles of the Riga Stock Exchange operations.4. Investors, the principles for strategy selection.5. Volatility factors in economics.6. Bond prices, rates, yields, average discount periods.7. Share price assessment.8. Multidimensionality of a random variable.9. Projection basis.10. Securities efficiency as a random variable. Investment diversification.11. Relative optimum portfolio, Pareto principle.12. Portfolio of risk-free securities.13. Model for a mark-to-market pricing of capital assets.

Requirements for passing the course: Active participation in practical classes and seminars, positive assessment of two written tests, passed exam.

The assessment is comprised of:1. Participation and work quality in workshops 20%2. Written tests 30%3. Examination assessment 50%

Bibliography:

1. Kudinska M., Baltača B., Kaužēns E. Finansu tirgus Latvijā un Eiropas Savienībā. – Rīga: Banku augstskola, 2001.

2. Adams A., Bloomfield D., Booth Ph., England P. Investment Mathematics and Statistics. – London: Graham&Trotman, 1993.

3. Elton E. J., Gruber M. J., Modern Portfolio Theory and Investment Analysis. – New York: John Wiley and Sons Inc., 1995.4. Reilly F., Brown K. Investment Analysis and Portfolio Management. Fifth ed.. 1997.

121

5. Лоренц Дж. Гитман, Майкл Д. Джонк, Основы Инвестирования. – Москва: Дело, 1999.6. Первозванский А. А., Первозванская Т. Н. Финансовый рынок: расчет и риск. – Москва:

Инфра-М, 1994.

122

Computer Science

Credits: 4 credits (A subject)

Required background knowledge: Informatics to the extent of secondary school curriculum, basic mathematics

Course summary: The purpose of the course lies in teaching the students to use office software at a higher level, to use office software to solve various problems, to efficiently use internet services, introduce the students to the data storage and processing principles used in the relational database management systems, for instance, by using MS Access.

The course discusses the usage of the Windows environment on an everyday basis, key principles underlying the MS Office software applications, teaches the basic and intermediate difficulty levels for document preparation, internet search for available data and their integration into MS Office documents; skills for using spreadsheets to solve various types of statistical, financial, economic assignments and problems by means of regression and correlation features; teaches the student to develop skills in preparing efficient target-oriented presentations.

The course provides knowledge on the sheet structure stored at various databases, defining the data entirety and consistency. The students acquire information retrieval methods from databases, data editing and deletion methods simultaneously in several sheets, development of display forms and reports, as well as methods for automating the functioning of a database management system.

Key topics:1. MS Windows 2000 or XP Professional.2. Working with word processing programmes. 3. Working with spreadsheet programmes. 4. Working with a presentation-making programme. 5. Working with advanced communication means.6. Internet usage.7. Working with business chart development programmes.8. Practical work in financial mathematics.9. Practical work in statistics.10. Working with database management systems (DBMS).

Requirements for passing the course: Active participation in developing the practical work, positive assessment of the individual assignments, three written tests and general test, passed exam.

The assessment is comprised of:1. Evaluation of the individual assignments 20%2. Written tests 30%3. General test 20%4. Examination assessment 30%

Bibliography:

1. Arhipova I., Bāliņa S. Statistika ekonomikā. Risinājumi ar SPSS un Microsoft Excel. – Rīga: Datorzinību centrs, 2003.

2. Ķiņķere A. Excel 2000 no A līdz Z. 2.grāmata. – Rīga: Datorzinību centrs, 2000.3. Murāne D., Pāvilsone I. Word 2000 no A līdz Z. – Rīga: Datorzinību centrs, 2000.4. Narņicka S. Microsoft Outlook 2000 no A līdz Z. – Rīga: Datorzinību centrs, 2000.5. Nâgelis J. Access 2000 no A lîdz Z. – Rîga: Datorzinîbu centrs, 2000.6. Вейскас Дж. Microsoft Access 2000. – С.-Петербург: Питер, 2000.

123

7. http://www.liis.lv/mspamati 8. http://www.dtmedia.lv

124

Management Information Systems

Credits: 2 credits (A subject)

Required background knowledge: business economy, accounting, programming, Information science, company management

Course summary: The purpose of the course lies in equipping the student with the knowledge and practical skills for designing corporate information systems, creation of actual business databases to facilitate corporate management or service delivery processes.

The course will pay a special attention to the operational decision-making process when supervising rational resource management, stock planning, optimising the volume and amount of resource deliveries, compiling data on prices and product development trends. The course provides a logical framework for the technical equipment, information transmission (communication) means required for the functioning of a corporate information system, as well as the organisational structure of such means, as well as gives an in-depth analysis of the software tools and application possibilities for company management purposes.

Key topics:1. Basics of corporate information systems.2. Corporate information management system. 3. Design, development and implementation stages of corporate information systems. 4. Modified or new management systems. 5. Development of a corporate information system operation project. 6. Informative basis for a corporate information system. 7. Hardware for a corporate information system. 8. Software for a corporate information system. 9. Operational safety and data reliability issues in respect of a corporate information system. 10. Launching a corporate information system.

Requirements for passing the course: Active participation in practical classes, positive assessment of two individual assignments and two written tests, passed exam.

The assessment is comprised of:1. Individual assignments 20%2. Written tests 30%3. Examination assessment 50%

Bibliography: 1. Ilmete Ž. Projektu vadīšana. – Rīga: LU PMC, 1999.2. Burke R. Project management. – John Wiley Sons LTD, 1999.3. ISO 10006 Quality management. Guidelines to quality in project management. 1997.4. Kenneth C. Laudon, Jane P. Laudon. Management Information Systems. Sixth Edition.

Organization and Technology in the Networked Enterprise. – N.J.: Prentice Hall, 2000.5. Kerzner H. Project management Workbook – John Wiley Sons LTD, 1997.6. O,Brein James A. Introduction to Information Systems: a Internetworked Enterprise Perspective.

– Boston, 1998.

125

Information System Designing

Credits: 2 credits (B subject)

Required background knowledge: Information science, company management

Course summary: The course aims at providing an insight to the information system development process, at naming and explaining the stages of the information system development, explaining the ways of defining the requirements for the information systems and the methods used for the requirement definition.

The course discusses the methods, planning process, planning stages of an information system development; presents and analyses the components of a system project, as well as the models used in development and their distinctive features. The course also dwells on the information system building process, including the preparation of the user documentation and potential further modification of information system. The course presents the analysis of the distinctive features of information technology designs, object-oriented methods, usage of web technologies in designing work.

Key topics:1. Basics of an information system. 2. Planning an information system. 3. Analysis of an information system. 4. Design of an information system. 5. Programme design. 6. Implementation of an information system7. Database designing.8. CASE tools for information systems. 9. Distinctive features of information technology design.

Requirements for passing the course: Active participation in practical classes, positive assessment of individual assignments and the written test, passed exam.

The assessment is comprised of:1. Participation and work quality in workshops 20%2. Individual assignments 20%3. Written test 20%4. Examination assessment 40%

Bibliography:

1. Dennis and Wixom Systems Analysis and Design. – John Wiley & Sons, 2000.2. http://wiley.com/college/info/dennis241008/resources/classroom_resources.htm 3. http://http://wwwww.library.usyd.edu.au/subjects/infotech/ 4. http://www.strassmann.com5. http://www.businessweek.com/technology

Algorithms and Programming

Credits: 5 credits (B subject)

Required background knowledge: calculus, computer science

126

Course summary: The purpose of the course is to introduce the students to algorithm development and the basics of the software language PASCAL (except working with dynamic storage).

The course discusses software types, development of operational systems, analyses algorithms, their qualities and their construction components, tracing types; investigates the software structuring, symbols, data structure, working with text files. The course provides a comprehensive theoretical basis for the programming language PASCAL and the students are learning to apply the language in practice.

Key topics:1. Algorithm, its qualities and construction elements. 2. Programming language PASCAL. 3. Key data types, simple arithmetic, numerical and logical expressions.4. Strings of symbols, arrays, cycles. 5. Data structures. 6. Software development. 7. Software development stages.

Requirements for passing the course: Active participation in practical classes, positive assessment of three individual assignments and four written tests, passed exam.

The assessment is comprised of:1. Individual assignments 30%2. Written tests 20%3. Examination assessment 50%

Bibliography:

1. Shiflet, Angela B. Elementary data structures with Pascal. – West Publishing Company, 1990. 2. Катков В.Л., Любимский Э.З. Программирование. – Минск: Вышейшая школа, 1992. 3. Брукшир Дж. Гленн Введение в компьютерные науки. Общий обзор, 6-е издание.: Пер. с англ.

– Москва: Изд. дом Вильямс, 2001. 4. Шелест В.Д. Программирование. С.- Петербург: БХВ-Петербург, 2001.

127

E-commerce

Credits: 1 credit (C subject)

Required background knowledge: Computer science, economics of entrepreneurship,marketing

Course summary: The purpose of the course lies in introducing the student to the essence and potentials of e-commerce, to the existing experience in working with e-commerce solutions, problems and development perspectives, economic process of globalisation.

The course explains the essence of e-commerce, and addresses the issues of the e-commerce hardware resources. The course dwells on the economic e-commerce related issues – operations of the internet banking systems, marketing and advertising, business models, transactions models, impact of e-commerce on the economic globalisation process. The course discusses the legal issues underlying e-commerce – data protection, protection of intellectual property, as well as looks at e-government issues, and usage of business methods in state administration.

Key topics:1. Introduction to e-commerce.2. E-commerce business models.3. Internet banking.4. Advertising and marketing in e-commerce.5. Impact of e-commerce on the globalisation of economy.6. Issues related to e-commerce security7. E-commerce development trends.

Requirements for passing the course: Active participation in seminars, two individual assignments, positive assessment of a written test, passed general test.

The assessment is comprised of:1. Participation in seminars 10%2. Individual assignments 20%3. Written test 30%4. General test 40%

Bibliography:

1. http://www.ecommercetimes.com/ad_info/ 2. http://www.ecommerce.gov/emerging.htm 3. http://www.census.gov/epcd/www/ebusines.htm#definitions 4. http://www.internetmarketing2000.net/ 5. www.eparvalde.lv

Principles of WWW Page Designing

Credits: 1 credit (C subject)

Required background knowledge: computer science

128

Course summary: The purpose of the course lies in teaching the students to design WWW pages, publish Ms Office documents on a Web site, as well as to understand the key principles of information retrieval via the internet.

The course discusses the key principles of WWW page designing by means of MS Frontpage, hyperlinks, placement of graphical components and other objects onto WWW pages, potential for employing multimedia effects and storage of ready-made designs on the WEB server.

The course also teaches such essential component of WWW pages as information retrieval possibilities from WWW, its storage and processing by means of other software tools.

Key topics:1. The concept of a Web site.2. Web site designing and link insertion. 3. Linking to other local Web site places, external addresses, e-mail.4. Page designs by using of CSS styles.5. File and folder management. 6. Special Web component placement – picture galleries, visitor counters, dynamic effects etc.7. Information retrieval by means of forms.8. Publishing other Office documents on the Web site. 9. Publishing a ready-made work onto the Web server.

Requirements for passing the course: Active participation in workshops, positive assessment of individual assignments and a written test, passed general test.

The assessment is comprised of:1. Participation and work quality in workshops 20%2. Written test 30%3. General test 50%

Bibliography:

1. Buyens J. Running Microsoft Frontpage 2000. – Microsoft Press, 1999.2. http://www.sitebuilder.ws/frontpage/tutorials/default.htm 3. http://www.outfront.net/frontpagetechniques.htm 4. http://www.icemocha.com/tutorials.htm 5. http://www.actden.com/fp2000/java/

129

Civil Defence and Work Safety

Credits: 1 credit (A subject)

Required background knowledge: economics of entrepreneurship, business communication, sociology and organisational behaviour, law

Course summary: The purpose of the course is to evoke general understanding of the civil defence and work safety system. The course provides a general insight in the governance of legal relations, safety and health protection in working places. Students acquire knowledge in labour law and regulatory framework of safety at work, basic skills in internal supervision of work environment, documenting, planning and management, including the usage and application of individual protection means; learn the key steps to be taken in the event of accidents before the arrival of a professional rescue team and develop the ability to act reasonably and with proper qualification under the supervision of experts, render the first aid; acquire knowledge of proper measures to be taken in natural or technogenic catastrophes and accidents, in order to eliminate and mitigate the possible consequences.

Key topics:1. Regulatory framework of labour law and work safety. 2. Employment relations.3. Requirements of Labour Protection Law4. Organisation of work safety5. Internal supervision of working environment6. Risk factors or working environment.7. Preventive measures for mitigation (elimination) of risk factors.8. National civil defence system9. Possible catastrophes/ accidents in the country10. Emergency medicine.

Requirements for passing the course: participation in practical classes, positive assessment of the compulsory test and test paper

The assessment is comprised of:1. Participation and quality of the performance in practical classes 20%2. Test assessment 30%3. Assessment of the test paper 50%

Bibliography:1. The Parliament (Saeima). Law On Safety at Work (20.06.2001.).2. Darba drošība. Rīga: Labklājības ministrija, 2003. 288 lpp.3. The Republic of Latvia Cabinet of Ministers. Regulations No.379 On Internal Supervision of Working

Environment“ (23.08.2001.)4. Darba vides riska faktori un strādājošo veselības aizsardzība: raksturlielumi, ietekme uz organismu,

aizsardzība, profilakse, normatīvi, mērīšanas metodes, riska faktori un arodveselība atsevišķās nozarēs. Rīga: Elpa, 2001. 500 lpp.

5. The Republic of Latvia Cabinet of Ministers. Regulations No. 318 “Usage of safety signs at work“ (25.08.1998.).

130

Human Resource Management

Credits: 2 credits (A subject)

Required background knowledge: social psychology, business communication, office work, corporate management.

Course summary: The purpose of the course is to provide a general theoretical knowledge and understanding of the key concepts of human resource management, provide the possibility to acquire practical human resource management skills and assess the role and major problems of the human resource management function. During the course the students acquire in-depth knowledge of the theoretical approach to human resource management and compare them to their observations in practical life; draft documents required for organisation of human resource management; model different situations and try to find solutions for them, write individual assignments on possibilities to solve various human resource management issues.

Key topics:1. Organisation of human resource activities: objectives, functions and tasks.2. Human resource policy and strategy of the organisation. 3. Human resource planning: planning, selection and recruiting of personnel.4. Personnel budgeting, remuneration/ payroll systems.5. Personnel documents.6. Human resource management: objectives and tasks, management situations and tools of

management.7. Assessment and motivation of personnel.8. Personnel organisation: working hours, ergonomic aspects, organisation of work activities.9. Encouragement of personnel development.10. Personnel quality management. Change management.

Requirements for passing the course: Active participation in classes, seminars, positive assessment of independent work and passed examination.

The assessment is comprised of:1. Participation in seminars and lectures 20%2. Individual assignments 40%3. Examination assessment 40%

Bibliography: 1. Vorončuka I. Personāla vadība. – Rīga: Latvijas Universitāte, 2001.2. Pikeringa P. Personāla vadība. - Rīga: Jāņa Rozes apgāds, 2002.3. Forands I. Personālvadība. – Rīga: Turības mācību centrs, 1997.4. Praude V., Beļčikovs J. Menedžments. – Rīga: Vaidelote, 2001.5. Torrington R. Human resource management. – England: Pearson Education

Limited, 2002.

131

Office Work

Credits: 1 credit (A subject)

Required background knowledge : general secondary school curriculum

Course summary: The purpose of the course is to provide knowledge and develop skills necessary to ensure and supervise the office work within the organisation, as well as prepare documents independently. During the course the students acquaint themselves with the legal and regulatory framework of the office work, learn how to create the scheme of document flow (circulation) appropriate to the structure of the organisation, prepare and draft documents in accordance with the laws and regulations governing the office work, learn to assess the legal force of documents, acquire skills for preparing derivative or secondary documents and attest their correctness, as well as acquaint themselves with the archive work.

Key topics:1. Documents governing the office work. 2. Basic concepts, objectives and constituent parts of office work.3. Grouping of documents by various features. 4. Legal force of a document. Details and bank requisites of an organisation.5. Documents derived from the original document. Their legal force. 6. Management documents and their groups. 7. Technical requirements for drafting and arrangement of documents.8. Drawing-up and formatting of management documents.9. Drafting of the document text.10. Archive work.11. Drawing-up and formatting of individual assignments.

Requirements for passing the course: Active participation in classes, positive assessment of the individual assignment and test paper.

The assessment is comprised of:1. Participation and work quality in practical classes 10%2. Individual assignment 40%3. General test 50%

Bibliography:1. The Cabinet of Ministers of the Republic of Latvia. Regulations No. 154 On Drafting and Layout

of Documentation (23.04.1996.).2. Bahanovskis V. Praktiskā lietvedība. – Rīga: Kamene, 2002.3. Kalējs J., Ābele M. Lietvedības pamati. – Rīga: KIF, 2000. 4. Behmane D. Lietvedības dokumenti. – Rīga: Zvaigzne ABC, 1998.5. Skujiņa V. Latviešu valoda lietišķajos rakstos. – Rīga: Zvaigzne ABC, 1999.

132

Business Communication

Credits: 3 credits (A subject)

Required background knowledge: social psychology, office work, knowledge of Latvian to the extent of secondary school curriculum

Course summary: The purpose of the course lies in providing the knowledge and skills necessary for cognition of oneself and others in order to improve effective communication skills. During the course the students learn to participate in business negotiations and deliver public speeches; to identify the suitability of different personality types for specific positions and professions, to study types of communication, generally accepted behaviour norms in business environment, form the understanding of cross-cultural differences from the aspect of intercultural communication; prepare business – related articles in order to ensure successful written information exchange, both – within the company, as well as for external audience.

The course consists of 3 parts.

Key topics:

Part I Business communication:1. Subject matter of communication.2. Types of communication and basic communicative skills.3. The process and efficiency of the information exchange.4. Verbal communication.5. Non-verbal communication.6. Presentation skills.7. Etiquette and basics of good behaviour.8. Appearance of a business person.

Part II Business correspondence:1. Written information exchange.2. Written business language.3. Business correspondence4. Reports and other internal correspondence documents (memos). 5. Drawing-up of the organisational management documents.

Part III Intercultural business communication:1. Understanding of cross-cultural differences from the aspect of intercultural communication.2. Management skills in different cultures.3. Intercultural communication in different countries.

Requirements for passing the course: Active participation in classes, positive assessment of individual assignments, written tests, presentation and test paper.

The assessment is comprised of:

1. Participation and work quality in practical classes 20%2. Individual assignments, written tests, incl. presentation 40%3. General test 40%

Bibliography:

1. Dubkēvičs L., Ķestere I., Saskarsme. Lietišķā etiķete. - Rīga: Jumava, 2003.2. Šota B. Sarunas: Drošas, radošas un veiksmīgas. – Rīga: Balta eko, 2002.

133

3. Saskarsme audzēkņiem: Mācību līdzeklis. – Rīga: Jumava,1999.4. Kincāns V., Etiķete sadzīvē, lietišķajos kontaktos, starptautiskajās attiecībās.-Rīga: Biznesa

Partneri, 2000.5. Hindls T., Prasme uzstāties.- Rīga: Zvaigzne ABC, 2000.6. Pizs A.,Ķermeņa valoda. - Rīga: Jumava,1995.7. Edeirs Dž. Efektīva komunikācija. – Rīga: Kamene, 1999.8. Ekonomikas, lietvedības un darba organizācijas termini. Terms of economics, office work and

management. Rīgā, 1995.9. Latviešu valodas kultūras jautājumi. Rīgā, 1. – 26. laid.10. Lietišķās informācijas apmaiņa - Rīgā, 1997. 11. Mole J. Mind Your Manners, Managing Business Cultures in Europe.

Nicholas Brealey Publishing, London, 2000.12. Adler N. International Dimensions of Organizational Behaviour. South – Western College

Publishing, USA, 199713. Dwyer J. The Business Communication Handbook. Prentice Hall, Australia, 200014. Lewis R. When Cultures Collide. N. Brealey Publishing, London, 200115. Trompenaars F. Riding the Waves of Culture, Understanding Cultural

134

Law I

Credits: 2 credits (A subject)

Required background knowledge: basic knowledge of law and commercial law to the extent of secondary school curriculum

Course summary: The purpose of the course is to prepare students for their future careers providing theoretical and practical knowledge in the fundamentals of constitutional law, labour law, family law, inheritance law, property law and obligations law. During the course students cover the laws and regulations of the Republic of Latvia governing the area of employment relations, as well as the main aspects of civil law in the area of family law, inheritance rights, property rights and obligations/ liabilities. At the initial stage of the course the students acquire general knowledge in legal system and legislative framework of the Republic of Latvia, as well as an insight into constitutional structure of Latvia.

Key topics:1. Constitutional and administrative law.2. Labour law. 3. Family law. 4. Inheritance law. 5. Ownership rights. 6. Obligations law.

7. Commercial law.

Requirements for passing the course: Active participation in seminars, positive assessment of written tests and passed examination.

The assessment is comprised of:

1. Participation and work quality in seminars 20%2. Written tests 30%3. Examination assessment 50%

Bibliography:

1. Constitution of the Republic of Latvia.2. The Parliament (Saeima). Civil Law. 3. The Parliament (Saeima). Commercial Law. (13 April 2000)4. The Parliament (Saeima). Labour Law. (20 June 2001)5. The Parliament (Saeima). Administrative Offences Code. (7 December 1984)6. The Parliament (Saeima). Competition Law. (4 October 2001)7. The Parliament (Saeima). Consumer Rights Protection Law. (18 March 1999)8. Grūtups A., Kalniņš E. Civillikuma komentāri. Trešā daļa. Lietu tiesības. Īpašums: Tiesu nama

aģentūra. Rīga, 2002. 9. Vēbers Jānis. Latvijas Republikas Civillikuma komentāri : Ģimenes tiesības (26.-51., 114.-125.,

140-176.p.) / Jānis Vēbers. - Rīga : Mans īpašums, 2000.  – 176 lpp.10. Darba likuma komentāri. Rīga: Dienas bizness, 2002. 11. Komerclikums. Komercķīlas likums. Komerclikums. Ar V. Beļajeva, A. Strupiša un. Višņakovas

G., skaidrojumiem. Rīga: Tiesu nama aģentūra, 2002. 12. Gencs Zigmants. Mantošana : zinātniski praktisks komentārs / Zigmants Gencs. - Rīga : Tiesu

namu aģentūra, 2002 . – 471 lpp.

135

Law II

Course summary: 3 credits (A subject)

Required background knowledge: law I, business economics

Course summary: The course is aimed at preparing the students for their future career by providing theoretical and practical knowledge base in commercial law, intellectual property law and civil procedure. During the course the students cover the laws and regulations of the Republic of Latvia governing the form of transactions and liability upon entering into transactions, as well as different types of contracts; procedure for establishment, reorganisation and dissolution of commercial undertakings; types of intellectual property rights, registration thereof and owner’s rights. In the conclusion of the course a brief insight into basics of the civil procedure is provided.

Key topics:1. Drafting and contents of a contract.2. Commercial Law and its application.3. Application of European Law in Latvia.4. Protection of intellectual property. 5. Fundamentals of civil procedure legislation.

Requirements for passing the course: Active participation in seminars, positive assessment of written tests and passed examination.

The assessment is comprised of:

1. Participation and work quality in seminars 20%2. Written tests 30%3. Examination assessment 50%

Bibliography:

1. The Parliament (Saeima). Patent Law.(19.04.1995.).2. The Parliament (Saeima). Law on Trademarks and Geographical Indications. (01.07.1999.). 3. The Parliament (Saeima). Copyright Law. (06.04.2000.).4. The Parliament (Saeima). Commercial Law. (13.04.2000.).5. Joksts O., Janovskis A. Personu īpašums un tā aizsardzība. Rīga, 2002.6. Kas Latvijas uzņēmējam jāzina par Eiropas Savienību. Rīga: Apgāds „Rasa ABC”, 2002. 7. Poļakovs G. Rūpnieciskā īpašuma īpašnieka tiesības. Rīga: Biznesa. augstskola Turība, 2001.8. Intelektuālais īpašums kā kvalitatīvas attīstības avots. Rīga: Latvijas Republikas Patentu valde,

2002.9. Īres likums un komentāri. Rīga: Mans īpašums, 2002.

136

Public Relations

Credits: 1 credit (C subject)

Required background knowledge: management sociology and psychology

Course summary: The purpose of the course lies in evoking the understanding of the essence, importance and the role of public relations in community in general and in the development of companies. The content of the course helps students understand the basic strategies of public relations, their substance, the processes and methods of forming the public relations, as well as their role in society. The course also dwells on professional ethics in public relations.

Key topics:1. General conception, strategies and personnel employed in the public relations area.2. Company image and risks endangering it.3. Process of formation and management of public relations.4. Methods of public relations.5. Entrepreneurial activity and public relations sector.6. Professional ethics in public relations.

Requirements for passing the course: Active participation and work quality in practical classes, positive assessment of a written test and individual assignment, passed general test.

The assessment is comprised of:

1. Participation and work quality in practical classes 25%2. Written test 25%3. One individual assignment 25%4. General test assessment 25%

Bibliography: 1. Caywood L. Clarke. The Handbook of Strategic Public Relations and Integrated Communications.

London: McGraw-Hill, 1997. 580. lpp.2. Hurst Bernice. The Handbook of Communication Skills. London: Kogan Page, 1996. 320. lpp.3. Jefkins Frank. Public Relations. London: Pitman Publishing, 1998. 290. lpp.4. Mallinson Bill. Public Lies and Private Truths: an Anatomy of Public Realtions. London: Cassell,

1996. 172. lpp.5. Skots Katlips M., Alens H.Senters, Glens M.Brūms. Sabiedriskās attiecības. Rīga: Avots, 2002.

763. lpp.6. A. Green. Creativity in Public Relation, London: Kogan Page, 2001. 7. Kreativnostj v pablik rileišens. Sanktpeterburg: Ņeva, 2003. 222.str.

137

Political Science

Credits: 2 credits (C subject)

Required background knowledge: knowledge of politics and law to the extent of secondary school curriculum

Course summary: The course is aimed at providing the students with a general view on regularities of political processes; forming a systematised knowledge of socio-economic and political structure of society and the ongoing processes in the country; improve the ability to analyse, understand and evaluate the processes taking place in the community.

Key topics

1. Politics. Concept of politics. Subject of politics.2. State and political institutions. Features of a state. Forms of a state: monarchy, republic. Necessity

for distribution of power. Constitution. Legislative bodies. Government and other executive institutions. Local authorities, their functions. Law and judicial power. Functions of the state. State and economy. State budget and taxes. Bureaucracy, corruption, its typology.

3. Political regimes. Democracy. Authocracy, totalitarian regime. Forms of political regime changes. Electoral systems.

4. Society and interest groups. Structure of society: individuals and social formations. Needs, interests and goals of society. Interest groups; lobbyism. Public movements. Political parties. Political party systems in various countries. Civil society. The media.

5. Political ideologies. Liberalism. Conservatism. Socialism; communism and social democracy. Write-wing and left-wing ideology.

6. Power. Concept of power in democracy. Legitimacy of power. Political culture. Compromise in politics.

Requirements for passing the course: development and presentation of individual assignment, active participation in discussions and passed examination.

The assessment is comprised of:

1. Individual assignment and its presentation, participation in discussions 40%2. Exam 60%

Bibliography:1. Apals G., Catlaks G., u.c. Politika Latvijā. 1. daļa. – R.: Rasa ABC, 2000.2. Apine I., Ašmanis M., u.c. Ievads politikā. – R.: Zvaigzne ABC, 1998.3. Cipeliuss R. Vispārējā mācība par valsti. – R.: Izdevniecība AGB, 1998.4. Starlings G. Valsts sektora pārvalde. – R.: Valsts administrācijas skola, 1999.5. Tansey S.D. Politics: The Basics. 2nd ed. - London, New York: Routledge, 2000.6. Vēbers M. Politika kā profesija un aicinājums. – R.: Zvaigzne ABC, 1999.

138

Tourism Management

Credits: 3 credits (A subject)

Required background knowledge: business economics and management, marketing

Course summary: The purpose of the course lies in introducing the students to the fundamentals, key terminology and concepts of tourism; providing a general knowledge on historical development of tourism and regularities of contemporary tourism. Explain and achieve understanding of tourism as an independent sector of economy and a unified industry, its role in the overall national economy of the state. Students are given a general insight into the types of business within the industry, the structure and management principles of travel companies, focusing on the tourism management from the corporate perspective.

Key topics:1. Subject matter and description of tourism.2. History of tourism in Latvia and in the world.3. Goals and motivation in tourism.4. Tourism as a unified industry and independent sector of economy.5. National structure of tourism in Latvia.6. Tourism companies, their structure and management principles.7. Tourism development prospects in the regions of Latvia.8. Latvian tourism resources and real situation at a regional level.9. Classification and development of tourism products.10. Travel insurance.11. Marketing of tourism industry in Latvia and on a global level.

Requirements for passing the course: Active participation and work quality in practical classes, positive assessment of two individual assignments and passed exam.

The assessment is comprised of:

1. Participation and work quality in practical class 10%2. Two individual assignments 50%3. Examination assessment 40%

Bibliography:

1. Holovejs Dž.Kristofers. Tūrisma bizness / No angļu val.tulk. E.Milčonoka, J.Springovičs. - Rīga : Jāņa Rozes apgāds, 1999.  – 367 lpp.

2. Tourism : principles and practice / Chris Cooper, John Fletcher, David Gilbert, Stephen Wanhill ; edited by Rebecca Shepherd. - 2nd ed. - New York : Longman, 2000.  – 530 p.

3. Lovelock Ch. H. & Wrigh L. Principals of service Marketing and Managment – London: Prentice Hall, 2001.

4. National programme for development of tourism. (2000-2010).5. The Parliament (Saeima). Law on Insurance.(1998.10.06.).6. The Parliament (Saeima). Law On Insurance Supervision Agency.(1998.10.06.). 7. The Cabinet of Ministers of the Republic of Latvia. Regulations No. 204; 240 (1998); 360; 153

(1995). 8. The Cabinet of Ministers of the Republic of Latvia. Regulations No. 214 On Compulsory Third

Party Liability Insurance of Transport Vehicles.

139

Project Management

Credits: 3 credits (A subject)

Required background knowledge: business management and organisation, social psychology

Course summary: The course is aimed at providing the students with skills and knowledge required for project management.During the course the students acquire the understanding of the subject matter, role, characteristics and types of projects, functions, methods and tools, familiarise themselves with the development processes and phases, learn to use the project management tools, students are required to develop a model project and present it to the audience, strengthen their knowledge base, skills and abilities necessary for a project manager in order to develop and implement of a project and form a project team.

Key items:1. Role of projects in the change process.2. Introduction into project management. 3. Key principles of project organisation. 4. The functions and role of a project manager in the project development and implementation process.5. Project development phases and characteristics.6. Project management phases, characteristic. 7. Project financing.8. Application of project management tool – MICROSOFT PROJECT software.

Requirements for passing the course: Active participation and work quality in practical classes, positive assessment of written tests, development and presentation of project manual, passed exam.

The assessment is comprised of:

1. Participation and work quality in practical classes 5%2. Written test 10%3. Development of project manual 45%4. Final presentation of project manual 10%5. Examination assessment 30%

Bibliography: 1. Ilmete Ž., Projektu vadīšana. – Rīga: LU PMC, 1999.2. Kerzner H., Project management. – John Wiley Sons LTD, 1997.3. Hanss D.Litke., Ilonka Kunova. Projektu vadība.- Rīga: Balta eko, 2003.4. Volkova Tatjana. Organizācijas un to vadīšana pārmaiņu apstākļos / Tatjana Volkova, Gita

Vērdiņa, Jānis Pildavs. - Rīga : Banku augstskola, 2001. – 112 lpp.5. Russel D.Archibald. Managing High-tehnology programs and projects. - New York: John Wiley

Sons, 1992.6. Magazine „Projektu vadīšana” (Project management).

140

Criminal Law

Credits: 1 credit (C subject)

Required background knowledge: civil law, land law, ecological law, finance legislation, business law, administrative law

Course summary: The purpose of the course is to acquire awareness of the key principles underlying the criminal law, peculiarities of business-related crimes and offences; rights and obligations of the officials of law enforcement agencies and other persons involved in criminal proceedings. During the course the students get acquainted with the basic formulations and concepts, including fundamentals of criminal liability, its force within the time and space, corpus delicti of the crime, its structure and features, criminal punishment, types and application thereof, release from criminal liability and punishment. The course analyses specific parts of Criminal Law, substance of particular business-related crimes, their structure and relation. The course clarifies basic concepts of criminal procedure, reasons for initiating the criminal investigation, rights and obligations of a prosecutor, rights and obligations of other parties to the proceeding, structure of the judicial system, its operation in the trial of criminal cases, lawfulness of evidence, procedure for appeal against the court decrees and rulings.

Key topics:1. General part of the Criminal Code. Criminal law. Punishment, determination of punishment. Release

from punishment.2. Specific section of the Criminal Law: Offences Committed Against Nature Environment. Offences

Against the National Economy. Offences Against General Security and Public Order. Offences Against Traffic Safety, administrative order. Offences against jurisdiction. Offences committed within civil service institutions

3. Characteristics of the general part of the criminal procedure. 5. Rights and obligations of the parties to the criminal procedure.

Requirements for passing the course: Active participation in the seminar, positive assessment of a written test and passed general test.

The assessment is comprised of:

1. Participation in seminar 10%2. Written test 30%3. General test 60%

Bibliography:1. Krastiņš U., Liholaja V., Niedre A. Krimināllikuma komentāri. – Rīga: firma “AFS”, 1999.2. Krastinš U., Liholaja V., Niedre A., Krimināltiesības. – Rīga: Tiesu namu aģentūra, 1999.3. The Parliament (Saeima). Criminal Law. (17.06.1998.).4. The Supreme Court of the Republic of Latvia. Resolution of the General Meeting No 7, as of 23 July

1999 “On Application of Certain Regulations Due to Enering into Force of the New Criminal Law”.5. Criminal Procedure Code as of 6 January1961.

141

Philosophy

Credits: 2 credits (A subject)

Required background knowledge: basic knowledge in psychology and history of culture

Course summary: The purpose of the course is to deliver a classified view on the development of philosophical ideas in the world and in Latvia, to create understanding of correlation between the existence of man, society and nature, provide fundamental methodological orientation for research work of the students. During the course the students obtain a view on historical development of philosophy, its peculiarities and role in the intellectual development of the mankind, acquire knowledge on the main directions of contemporary philosophy, develop the skills of critical thinking, participate in discussions, form a dialogue, listen to and understand different views and maintain their opinion by providing appropriate argumentation.

Key topics:1. Philosophy, its subject matter and role.2. Insight in history of philosophy in the world and in Latvia.3. Issue of man in philosophy.4. Specifics of the social philosophy.5. Cognition and science methodologies.6. Eternal issues of philosophy.

Requirements for passing the course: Positive assessment of a written test, passed examination.

The assessment is comprised of:1. Written test 40%2. Examination 60%

Bibliography:1. Antīkā un viduslaiku filosofija. Rīga: 1997.2. Fuko Mišels. Patiesība. Vara. Patība. / Mišels Fuko ; Latv.Zin.Akad.filoz.un soc.inst. ; sast.un pēcv

aut. Šuvajevs I. - Rīga : Spektrs, 1995.  – 140, [2] lpp.3. Klīve V. Gudrības ceļos. Rīga: Zinātne, 1996.4. Kūle Maija. Filosofija. / Maija Kūle, Rihards Kūlis. - Rīga : Zvaigzne ABC, 1998. – 656 lpp.5. Mamardašvili M. Domātprieks / M. Mamardašvili ; LZA Filoz. un soc. inst. - Rīga : Spektrs, 1994.  -

201 lpp.6. Mūsdienu politiskā filozofija. Rīga: 1989.

142

Logistics

Credits: 2 credits (A subject)

Required background knowledge: microeconomics

Course summary: The purpose of the course lies in introducing the students to the theory of logistics and demonstrate the practical application of logistics in business, teach the students to formulate the tasks of logistics and take the decisions on optimisation of this process, taking into consideration the goals of the particular enterprise, as well as render a general view on how to organise and outsource the services from the companies specialising in the particular area.The course analyses logistics as a sub-system of business activity, the function of which is to ensure the delivery of goods from the place of manufacturing to the place of consumption, describes the functional sub-branches of logistics, introduces to the formation and management of logistics systems, ensures that the students acquire proper skills for applying the theoretical knowledge in real business situations.

Key topics:1. Substance and functions of logistics.2. Functional branches of logistics.3. Types of providing the operation of logistics.4. Planning and management of the logistics operations.5. Specifics of economic regularities in the logistics market.6. Tariffs and pricing in the logistics.7. Terms of delivery and transportation time.

Requirements for passing the course: Positive assessment of a written test and individual assignment, passed examination.

The assessment is comprised of:1. One written test 20%2. One individual assignment 15%3. Examination assessment 65%

Bibliography:1. Praude V., Beļčikovs I. Loģistika. – R.: “Vaidelote”, 2003. – 540. lpp.2. Gustsons V., Sēle A., Ūdris Z. Pamatzināšanas starptautiskajā tirdzniecībā. – R.: Jāņa sēta, 1994. –

94. lpp.3. Benson D., Bugg R., Whitehead G. Transport and Logistics. – Woodhead – Failkner.4. Ballou R.H. Business Logistics Management. - Prentice – Hall International, Inc.5. Гаджинский А. М. Логистика. M. 2002. – 407 стр.

143

Marketing I

Credits: 1 credits (A subject)

Required background knowledge: basic knowledge in business and foreign language skills to the extent of secondary school curriculum

Course summary: The purpose of the course lies in introducing the students to the basic concepts of marketing, role of marketing in a company and community in general; to show the range of factors affecting marketing decision-making process in companies, to give the audience an overview of marketing theories and show their application in real environment, show the key regularities and terminology. The basic topics of the course cover the subject matter of marketing and its historical evolution. The key topics include also the ethics of marketing and social liability of companies. The bulk of the course is comprised of the topics on product element analysis and classification, pricing policies and strategy, product distribution channels and sales promotion processes. The course also dwells on consumer behaviour processes in the market and on the analysis of decision-making process.

Key topics:1. Substance of marketing. Ethics in marketing.2. A product, product element analysis, classification.3. Policy and strategy of pricing.4. Product distribution place and channels.5. Sales promotion processes.6. Consumer and consumer behaviour.

Requirements for passing the course: Active participation in seminars and practical classes, positive assessment of the written test and individual assignment and passed general test.

The assessment is comprised of:

1. Written test 10%2. Seminars and practical classes 40%3. Individual assignment 50%

Bibliography:

1. Praude V., Beļčikovs J. Mārketings. Rīga: Vaidelote, 1999.2. Džounss G. Mārketinga lēmumi. Rīga: VIF, 1994.3. Autoru kolektīvs. Tirgzinības pamati. Rīga: Jumava, 1998.4. Denisons D., Tobi L. Ievads reklāmā. Rīga: Kamene, 2000.5. Cutlip S. M. Effective Public Relations. Prentice Hall, 1999.6. Kotler Ph.& Armstrong G. Principles of Marketing. Prentice Hall, 2000.7. Lovelock Ch. & Wright L. Principles of Service Marketing and Management. Prentice Hall, 2001.8. Rogenbuka I. Uzņēmējdarbības ētika. Rīga: Zvaigzne ABC, 1999.9. Newspapers: Diena, Dienas Bizness.10. Magazines: Kapitāls, Tirgotājs u.c.

144

Marketing II

Credits: 2 credits (A subject)

Required background knowledge: basic knowledge in marketing; statistics, basic knowledge in management, microeconomics

Course summary: The purpose of the course is to introduce the students to the terminology and concepts of market research, develop analytical abilities and capabilities to formulate the marketing challenges. The key topics of the course are related to the subject matter of financial marketing and historical preconditions for its development. A material part of the course is focused on competition in the financial services market, strategic planning issues, both in general terns and in terms of pricing. The course dwells on the issues related to the development trends of financial services distribution channels, consumer behaviour in the financial services market, as well as peculiarities of formation of integrated marketing communication strategies.

Key topics:1. Competition in financial services market.2. Marketing research.3. Marketing strategies in the financial services market4. Development of pricing strategy in the financial institutions.5. Financial services distribution channels.6. Integrated strategy of marketing communication in banks7. A consumer of the financial market.

Requirements for passing the course: Active participation in seminars, positive assessment of a written test and individual assignment and passed exam.

The assessment is comprised of:

1. Participation and work quality in seminars 30%2. One individual assignment and written test 40%3. Examination assessment 30%

Bibliography:

1. Praude V., Beļčikovs J., Mārketings , Rīga: “Vaidelote”, 1999.2. Džounss G. Mārketinga lēmumi. Rīga: VIF, 1994.3. Denisons D., Tobi L. Ievads reklāmā. Rīga: Kamene, 2000.4. Harrison T. Financial Services Marketing. Financial Times Management, 2000.5. Robert G.Cooper& Scott J.Edgett. Product Development for the Service Sector: Lessons from Market

Leaders. Perseus Publishing, 1999.6. Christopher H. Lovelock & Lauren Wright. Principles of Service Marketing and Management. Prentice

Hall, 2001.7. Brassington F., Pettitt S., Principles of Marketing, 3rd edition, Pearson Education, Inc., 2003, p. 11368. Newspaper: Diena, Dienas Bizness.

9. Magazines: Kapitāls, Tirgotājs, Financial Times, Economist u.c.

145

Marketing III

Credits: 1 credit (A subject)

Required background knowledge: marketing I, marketing II

Course summary: The purpose of the course is to introduce the students to the terminology and concepts of market research, develop analytical abilities and capabilities to formulate the marketing challenges, as well as provide the knowledge of market research methods and instruments, most frequently used data analysis techniques, the most popular scientific conceptions of consumer behaviour and application thereof in the strategic decision making process.The course will enable the students to show competence in the market research terminology, the students will be able to apply various research techniques in practice, will be able to divide the market in target segments in order to use the most suitable marketing strategies for each particular segment, the students will be able to analyse the data acquired in the result of market research, by using well-known techniques of data analysis. This will enable the students to understand the behaviour of consumers and buyers, psychological and socio-cultural factors affecting the consumer’s action in the decision making process.

Key topics:

1. Introduction. The role of market research in the process of strategic marketing decision-making.2. Market research and its practical application. Qualitative and quantitative research. Market

segmentation.3. Secondary data resources and their analysis. Application of secondary data in the market research

process.4. Research project design. Practical application of the research methods. Questionnaires and

surveys. Experiments.5. Consumer’s decision making process.

Requirements for passing the course: Active participation in seminars, positive assessment of the written test and individual assignment, passed general test.

The assessment is comprised of:

1. Written test 20%2. Individual assignment 15%3. Examination assessment 65%

Bibliography:

1. Beļčikovs J., Praude V. Mārketings. Rīga: Vaidelote, 1999.2. Autoru kolektīvs. Tirgzinības pamati. Rīga: Jumava, 1998.3. Gerijs Džounss Marketinga lēmumi. Rīga: VIF, 1994.4. Hemblina K. Īsi par marketingu. Rīga: Komercizglītības centrs, 1995.5. David A.Aaker, V.Kumar , George S.Day. Marketing Research. John Wiley&Sons, 2000.6. Lehman D.R., Gupta S. and Steckel H., Marketing Research. Boston: Addison-Wesley, 1998.

146

Sociology and Organisational Behaviour

Credits: 3 credits (A subject)

Required background knowledge: to the extent of secondary school curriculum

Course summary: The purpose of the course is to provide knowledge in sociology and organisational behaviour, to develop the skills for applying this knowledge in a real life situation.. The course covers the subject matter of social psychology, organisational behaviour and theories of sociology; provides introspection skills, develops the ability of a student to understand oneself and others, improves effective communication skills and teaches the conflict solution methods, provides the knowledge of group and community behaviour.

Key topics:

I.

1. Social psychology as a science.2. Personality in the social psychology.3. Social attitude and behaviour.4. Socio-psychological regularities of groups.5. Psychological aspects of communication.6. Communication and verbal behaviour.7. Communication and non-verbal behaviour.8. Conflicts in mutual relations.

II.1. Organisational behaviour.2. Personality and motivation factor in the organisational behaviour.3. Management, leadership.4. Specifics of communication in organisations. Conflict in organisations.5. Decision-making.6. Organisational changes. 7. Organisations within multi- and intercultural environment.

III. 1. Individual and society.2. Power, politics, state.3. Deviant behaviour and social control.4. Stratification and structure of classes.5. Social mobility.6. Groups and organisations.7. Socio-demographic differentiation of the community.8. Gender equality and integrated approach to the gender in Latvia and the EU.9. Social units:

9.1. family and marriage as a social institution;9.2. culture;9.3. education as a social institution;9.4. job and economic life.

10. Social changes in the modern world.

Requirements for passing the course: Active participation in seminar, assessment of the written test and individual assignment, presentation, passed general test and examination.The assessment is comprised of:

1. Participation and work quality in seminars, written test 30%

147

2. Individual assignment, its presentation 30%3. General test and examination assessment 40%

Bibliography:

1. Omārova Silva. Cilvēks dzīvo grupā : Sociālā psiholoģija / Silva Omārova. - Rīga : Kamene, 1996.  – 186, [1] lpp.

2. Garleja, R., Vidnere, M. “Psiholoģijas un uzvedības aspekti ekonomikā.” R.: RaKa, 2000.

3. Reņģe V. Psiholoģija. Personības psiholoģiskās teorijas. R., Zvaigzne ABC,1999.4. Reņģe V. Psiholoģija. Personības psiholoģija. R., Zvaigzne ABC, 2000.5. Reņģe V. Organizācijas psiholoģija. R., Kamene, 2000. 6. Reņģe V., Sociālā psiholoģija. R., Zvaigzne ABC, 2002.7. Karpova, Ā. Personība. Teorijas un to rādītāji. R., Zvaigzne, 1998.8. Cilvēks un dzīve socioloģijas skatījumā. Ievadkurss skolām un pašmācībai. Red. B. Zepa un A.

Zobena. Rīga: Latvijas Universitātes Socioloģijas katedra, 1996. 208.lpp.9. Socioloģijas skaidrojošā vārdnīca skolām un pašmācībai Red. B.Zepa un A.Zobena. Rīga: Latvijas

Universitātes Socioloģijas .katedra, 1997. 152 lpp.10. Laķis P. Socioloģija. Ievads socioloģijā. Rīga: Zvaigzne ABC, 2002.11. Миллс, Чарльз Райт Социологическое воображение Пер. с англ. Москва: Изд.дом «Стратегия»,

1998 264 стр.12. Мостовая, И.В. Зачет по социологии в кармане для студентов вузов. Учебн.пос. Ростов на

Дону: Учебники «Феникса», 1999, 320 стр.

148

History of Culture

Credits : 2 credits (C subject)

Required background knowledge: history of culture and art (secondary school curriculum)

Course summary: The objective of the course is to introduce the students to the theory of culture, provide an insight into the development of fine arts and architecture in Latvia and in the world, to elaborate the understanding of artistic and aesthetic values of the material world. During the course the students learn to understand the cultural values and their role in the social life, to understand and appreciate the cultural heritage in its multiplicity and correlations, starting with the culture of primeval communities up to contemporary modern art.

Key topics:

I. History of the World Culture1. Introduction into theory of culture.2. Society and culture of the ancient East3. Culture of primeval nations, Baltic archaeology and ethnography.4. Culture and art of the antique society.5. Culture of Medieval society (Romanesque and Gothic).6. The special role of the Renaissance culture in the development of European culture.7. Baroque and classicism. 8. Controversies and dynamic development of culture processes in the age of historicism.9. Dawn of modernism in the turn of the 19th and 20th centuries.

II. History of Latvian culture1. Material culture of stone- age and iron- age.2. Culture in Latvia at the end of the 12th and in 13th century.3. Art of the Gothic period. 4. Renaissance period art in the culture of Europe and Latvia. 5. Development of royal court culture in the Duchy of Courland and Riga.6. Culture in Vidzeme and Latgale in the 17th – 18th century. 7. Classicism period culture in Baltic.8. Romanticism in Latvia in the 19th century. 9. XX th century art in Latvia.10. Latvian culture after 1991.

Requirements for passing the course: Active participation in practical classes, positive assessment of a written test and general test paper.

The assessment is comprised of:

1. Participation and work quality in practical classes 10%2. Written test 40%3. Test paper 50%

Bibliography:

I.1. Kačalova T. Mākslas vēstures pamati. 1. d., R., 1976.

149

2. Kačalova T., Pētersons R. Mākslas vēstures pamati. 2. d., R., 1997.3. Gombrihs E. H. Mākslas vēsture. R., 1997.4. Grosmane E. Gotika. R., 1995.5. Kačalova T. Renesanse. R., 1995.6. Spārītis O. Manierisms. R., 1997.7. Власов. В. Г. Стили в искусстве. Спб. 2000.

II.1. Senā Rīga. Pētījumi pilsētas arheoloģijā un vēsturē. 1. daļa, R., 1998., 2. daļa, R., 2000.2. Materiāli feodālisma posma Latvijas mākslas vēsturei. 4 burtnīcās, R., 1986 – 1989.3. Krastiņš J. u. c. Latvijas arhitektūra no senatnes līdz mūsdienām. R., 1998.4. Romantisms un neoromantisms Latvijas mākslā. R., 1998.5. Latvijas viduslaiku pilis. sast. I. Ose. R., 1999.6. Ornaments Latvijā. R., 1994.

7. Bruģis D. Historisma pilis Latvijā. R., 1996.

150

Management

Credits: 2 credits (A subject)

Required background knowledge: business and entrepreneurship economics, English, information science, business communication, ethics

Course summary: The purpose of the course lies in providing a clear view on the essence, main concepts, interpretation and practical application of the theory of management, identifying the management problems in companies; investigate the functions and general methods of management. The course provides an overview on the evolution and development of the management theory, shows and analyses the contemporary understanding of the role of various management instruments and their application in the operation of companies, internal and external environment of the companies, authority and influence of a manager and factors forming the authority of a manager, styles of management, organisation of duties within a company. The students cover the moral aspects of professional (commercial) activity, develop the skills of analysing and evaluating the commercial activity from the moral aspect, develop effective moral and ethical communication skills, strengthen the team-working skills, develop the ability to solve ethical problems related to the commercial activity.

Key topics:I.1. Organisations and management.2. Internal environment of organisations (companies).3. External environment of organisations (companies).4. The evolution and development of management theories.5. A manager and his/her role in achieving the company’s goals 6. Management styles.

II.

1. Substance and tasks of the ethics of commercial activity.2. Freedom and responsibility.3. Solution of ethical dilemma.4. Comparative analysis of the types of officials.5. Corruption – the form of moral degradation.6. Truth and lies.7. Fairness.8. Corporate culture and ethics.9. Introduction to and analysis of codes of ethics. 10. Drawing –up of the company’s code of ethics.11. Evolution and development of management theories.12. A manager and his/her role in achieving the company’s goals 13. Management styles.

Requirements for passing the course: Active participation in seminars and practical classes, assessment of a written test and individual assignment, passed examination.

The assessment is comprised of:1. Participation and work quality in seminars 15%2. Individual assignment 15%3. Written test 15%4. Examination assessment 55%

151

Bibliography:

I. 1. Praude V., Beļčikovs J. Menedžments. Rīga: Vaidelote, 2001.2. Volkova T., Vērdiņa G., Pildavs J. Organizāciju vadīšana pārmaiņu apstākļos. R., 2000.3. Managing for excellence. UK, 2001.4. Samuel C. Certo Modern management.5. Periodicals: Kapitāls, Dienas Bizness, Diena, u.c.

II. 1. Lasmane S. Ētika (jautājumi, risinājumi, atzinumi) : Metodiskais līdzeklis / S. Lasmane, A. Milts, A. Rubenis. - Rīga : Zvaigzne ABC, 1995. – 252, [3] lpp.2. Rogenbuka Inta Uzņēmējdarbības ētika R.: Zvaigzne ABC, 1999.3. Milts Augusts. Ētika. Kas ir ētika : Lekciju kurss / Augusts Milts ; aut. red. - Rīga : Zvaigzne ABC, 1999. - ISBN 9984-17-220-1. - 56, [3] lpp.4. Milts Augusts. Ētika : Personības un sabiedrības ētika / Augusts Milts ; aut. red. Rīga : Zvaigzne ABC, 2000. - (Lekciju kurss). – 86 lpp.5. Aristotelis “Nikomaha ētika” R.: Zvaigzne, 1985

6. Grāmatvežu profesionālās ētikas pamatnostādnes R.: 1995.7. Periodicals: Kapitāls, Biznesa Partneri, Dienas Bizness, Diena u.c.

152

Company Strategic ManagementCredits: 4 credits (A subject)

Required background knowledge: macroeconomics, microeconomics, marketing, management, economics of entrepreneurship

Course summary: The purpose of the course lies in providing a general understanding of the essence and process of strategic management, demonstrate the problems and possible solutions, name the information sources that enable better understanding of the strategic analysis methods and their application, as well as elaborate the skills necessary for development and successful application of strategies.During the course the students acquire the knowledge on the essence, role and possibilities of the internal audit, as well as the internal audit process, management and control methods; strengthen the knowledge and skills necessary for a head of internal audit unit for arrangement of the information exchange process and successful team-building.

Key topics:1. The essence, process and levels of strategic management. 2. Environment analysis.3. Functional strategy of companies: quality management, innovation management, satisfaction of

clients’ needs, efficiency improvement directions.4. Business level strategies: low-cost, differentiated, focusing strategies.5. Corporate level strategies.6. Mergers and acquisitions and related decision-making process. 7. Assessment of strategies, conditions for selection. 8. Substance, objectives and role of the internal audit in cotemporary state administration.9. Standards, risks, risk assessment methodology in the internal audit.10. Internal audit planning, internal audit process.11. The role and tasks of the head of internal audit unit in relations with the personnel.

Requirements for passing the course: Active participation in seminars and practical classes, assessment of individual assignments and tests, passed exam.

The assessment is comprised of:

1. Participation and work quality in practical classes 10%2. Individual assignments, test 50%3. Examination assessment 40%

Bibliography: I.

1. Charles W. L. Hill Gareth R. Jones Strategic management Thoery 5th Edition. Boston: Houghton Mifflin Company, 2001.

2. Caune J., Dzedons A., Pētersons L. Stratēģiskā vadīšana. Rīga: Kamene, 1999.3. Ralph D Stacey Strategic management and Organisational Dynamics. The challenge of

Complexity. England: Prentice Hall, 2000.4. Alan M Rugamn &Richard M Hodgetts International Business a strategic management approach.

England: Prentice Hall, 2000.5. Finlay P. Strategic Managent. Spain: Pearson Education, 2000. 6. Periodicals: Wall Street Journal, Financial Times, The Economist, Business Central Europe,

Kapitāls, Dienas Bizness, Diena, Bizness un partneri, Ekonomists, etc. Latvian periodicals.II.

153

1. Parliament (Saeima). Law On Internal Audit.(2002.31.10.).2. The Republic of Latvia Cabinet of Ministers. Regulations No. 306 On Procedure For Internal Audit in

a Company. (10.06.2003.).3. The Republic of Latvia Cabinet of Ministers. Regulations No. 307 On Certification Procedure of

Internal Auditors. (10.06.2003.).4. The Republic of Latvia Cabinet of Ministers. Regulations No.466 On Requirements for Establishment

of Internal Control System. (19.08.2003.).5. Iekšējā audita profesionālās prakses standarti. Ētikas kodekss = Standards for the professional practice

of internal auditing. Code of ethics. - Rīga : Iekšējo auditoru institūta Latvijas nodaļa, 2002. - Teksts paral. latv., angļu. – 40 lpp.

6. Iekšējā audita rokasgrāmata. LR Finansu ministrija. Nr. 994, Rīga, 08.11.1999.

Trade Management

Credits: 3 credits (A subject)

Required background knowledge: economics of entrepreneurship, marketing I un II, management, human resource management

Course summary: The aim of the course is to encourage students to seek for in-depth knowledge in management of trade companies, provide practical knowledge of the sales process and factors that affect the efficiency of sales. The course highlights the role of trade in the economy, the peculiarities of the industry, the tendencies and factors affecting its development. The students investigate the types and functions of trade companies, the organisation of the trade process and formation of pricing policies. The course stresses the need for trade research, discusses the research process, analyses the trade environment and the underlying factors. The course covers the regularities of the cycle of selling process, customer’s market behaviour, types of customers, the factors affecting the amount and structure of purchases; provides a view on trade management processes, including identification of a market share, sales promotion and human resource management.

154

Key topics:1. Introduction in trade management. 2. Types of trade companies.3. Trade research. 4. Trade environment and underlying factors.5. Strategic management of trade companies.6. Organisation of sales, its elements.7. Selling process. 8. Sales management process.9. Management of sales personnel.

Requirements for passing the course: Active participation in seminars and practical classes, positive assessment of individual assignment, passed examination.

The assessment is comprised of:

1. Participation and work quality in practical classes 10%2. Two individual assignments 50%3. Examination assessment 40% Bibliography:

1. Ahenbahs Jurgens. Uzņēmējdarbība tirdzniecībā / Jurgens Ahenbahs, Jakovs Beļčikovs. - Rīga : Vaidelote, 1999. – 213 lpp.

2. Praude V. Valērijs. Mārketings / Valērijs Praude, Jakovs Beļčikovs. - Rīga : Vaidelote, 1999. - 559 lpp.

3. Denisons Dells. Ievads reklāmā / D.Denisons, L.Tobi ; Tulk. H.Aņisimova. - Rīga : Kamene, 2000.  – 94 lpp.

4. Straumēns Jānis. Pārdošanas vadības rokasgrāmata / Jānis Straumēns, Lauma Kasatkina. - Rīga : Dienas bizness, 2003.

5. Tirgzinības pamati : Māc. līdz. - Rīga : Jumava, 1998. – 223 lpp.

155

Bibliography:

1. Ekonomikas un finanšu vārdnīca. Rīga: Apgāds Norden AB, 2003. 2. Rurāne M. Finansu pārvaldība. Rīga: Latvijas izglītības fonds, 2001. 3. Dūdele A., Korsaka T. Finansu vadības pamati. Rīga: Apgāds „Rasa ABC”, 2001. 4. Charles J., Woelfel. A. Enciclopedia of Banking &Finance. Tenth edition. Chicago: BankLine

Publication. Probus Publishing company5. Samuels M., Wilkes F.M., Brayslaw R.E. Management of company finance. 6. Ковалев В. В. Финансовый анализ. Москва. 2000.7. Bellando J. L. Assessing the Financial Health of Insurance Undertakings to Protect the Insured from

the Risks to Which These Firms are Exposed: Solvency Rules, OECD Workshop on Insurance in the Baltic States, Riga, 2000.

8. Bowers N. L., Gerber H. U., Hickman J. C., Jones D.J., Nesbitt C. J. Risk Theory. USA: Society of Actuaries, 1986.

9. Чернов В. А. Анализ коммерческого риска. Москва: Финансы и статистика, 1998.10. Лапуста М. Г., Шаршукова Л. Г. Риски в предпринимательской деятельности, Москва:

ИНФРА, 1998.11. Гранатуров В. М. Экономический риск: сущность, методы измерения, пути снижения.

Москва: Дело и Сервис, 1999.12. Уткин Э. А. Риск – менеджмент. Москва: ЭКМОС, 1998.

156

English/German For Specific Purposes

Number of Credits 4 (Course A)

Preliminary Knowledge –intermediate level

Annotation: The objectives of the course are to develop the ability to communicate in different business situations, to give an insight into business terminology in the areas of finances and entrepreneurship, to enhance the extended acquired vocabulary, to consolidate and extend the knowledge of relevant functional grammar structures and to improve interactive and discussion skills. The study programme develops clear and effective business communication skills and enables:

I. Speaking:- To obtain and exchange information, to discuss and express one’s opinion about the

course topics - To participate successfully in job interviews - To prepare and give effective presentations

II. Listening:- To understand an authentic text- To understand and summarise key information - To change audio information into written information

III. Reading: - To define the main idea of the text (skimming)

- To evaluate the facts mentioned in the text- To comprehend unknown words from the context- To find the necessary information (scanning) - To use foreign sources for getting information

IV. Writing: - To write the letter of application and CV - To write an outline and summary of the business text

The Main Themes:- Basic elements of discussion techniques- Telephoning- CV- Job interview - Basic factors in business- Legal forms of organisation- Company structure- Marketing- Types of banks- Bank services- Types of business communications- Presentations- Grammar

Requirements for Obtaining the Credits: The attendance record and sufficient knowledge of the topics included in the study programme, 4 tests during the semester, a written credit test and oral examination at the end of the course. Assessment consists of:1. Participation and active work during practical classes 20%2. Evaluation of the tests 30%3. Evaluation of the written credit test/oral examination 50%

157

List of Literature:1. D.Cotton “Market Leader” Course book, Longman, 20002. J French “You’re in Business”, Addison-Wesley Publ.comp., 19843. I.Mackenzie “Financial English”, Language Teaching Publications, 19994. P.Emmerson “Business Grammar Builder”, Macmillan, 20025. P.Emmerson „Business Grammar Builder“, Macmillian, 20026. C.Colin „Unternehmen Deutsch“, Klett Edition Deutsch, 19957. I.Schumann „Mittelstufe Deutsch“ Verlag fuer Deutsch, 19968. V.Eismann „Wirtschaftskommunikation Deutsch“, Langenscheidt, 20009. Helbig/Buscha „Uebungsgrammatik Deutsch“, Langenscheidt, 2002

158

English/German For Specific Purposes – Part 1

Number of Credits 2.5 (Course B)

Preliminary Knowledge –intermediate level

Annotation: The objectives of the course are to extend acquiring of the business terminology and to further the application of foreign language knowledge and the mastered skills to the spheres of economics and finance, thus developing students’ professional competence. The course develops the ability to work with authentic material, improves students’ ability to comprehend and select the required information through listening, perfects writing skills on the basis of different sources of economic literature. The course extends deeper understanding of linguistics and style by using authentic material and by acquiring specific terminology of different areas of economics The study programme develops clear and effective business communication skills and enables:

I. Speaking:- To express one’ s opinion and discuss information obtained from authentic material

and foreign mass media - To interpret and analyse different economic indicators presented graphically- To increase the presentation efficiency by using information presented graphically

II. Listening:- To comprehend authentic speech in a foreign language- To grasp and summarise the most relevant information according to the level of difficulty within the framework of the course material - To turn audio information into visual and written information

(graphs, tables, curves etc.)III. Reading:

- To obtain information from authentic texts from periodicals- To skim the text to define the main idea- To evaluate the facts mentioned in the text- To comprehend the unknown words from the context- To scan through the text to find some particular information

IV. Writing: - To write different documents such as fax, memo, e-mail

The Main Themes:- Presentations- Characteristics and Analysis of economic indicators- Summarising of economic tests- Financial Statements. Balance Sheet. Profit and loss acount. Cash Flow.- Insolvency and Bankruptcy- Inflation- Auditing- Insurance- Taxation - International Trade- Management- Board- Business objectives- Strategy and advantages of competitiveness- Grammar

159

Requirements for Obtaining the Credits: The attendance record and sufficient knowledge of the topics included in the study programme, presentation of individually worked out theme in economics, 4 tests during the semester, oral examination at the end of the course. Assessment consists of:1. Participation and active work during practical classes 20%2. Evaluation of the tests 30%3. Evaluation of the written credit test/oral examination 50%

List of Literature:1. D.Cotton “Market Leader” Upper Intermediate Course book, Longman, 20002. D.Cotton “Market Leader. Banking and Finance”, Longman, 20003. P.Emmerson “Business Builder”, Macmillian/Heinemann, 2000, 19994. P.Emmerson “Business Grammar Builder”. 20025. M.Foley, D.Hall „Advanced Learners’ Grammar“, Longman, 20036. A.Hering “Geschaeftskommunikation”, Max Hueber Verlag, 20007. A.Buscha „Geschaeftskommunikation“, Max Hueber Verlag, 19998. Grill, Perczynski „Wirtschaftslehre des Kreditwesens“, Verlag Gehlen, 19939. W.Rug „Grammatik mit Sinn und Verstand“, Verlag Klett Edition Deutsch, 199710. T.Boetger „Bankbetriebslehre“, Verlag Gehlen, 2000

160

English/German For Specific Purposes – Part 2

Number of Credits 3.5 (Course B)

Preliminary Knowledge – upper intermediate level

Annotation: The objectives of the course are to develop the appropriate skills that enable to exchange information in the course of efficient correspondence provided by the ability to distinguish and choose the appropriate style in written communication, to increase the students ability to comprehend and select the required information through listening for gist and specific details and organize and structure information, as well as to acquire specific terminology in the area of economics. The study programme develops clear and effective business communication skills and enables:

V. Speaking:- To participate and chair a business meeting- To succeed in negotiations- To give a presentation on the topics related to the area of studies and relevant to

professional needs- To organize and link ideas maintaining a flow of language

VI. Listening:- To understand the authentic speech of the representatives of different nationalities- To obtain and summarize information. to draw the conclusions and use them creatively in further discussions

VII. Reading: - To use as suggested sources of information “The Financial Times”, “The Economist”, “Handelsblatt”, „Wirtschaftswoche” and internet

- To skim and scan the text- To determine the meaning of words in the context- To evaluate the facts and details

VIII. Writing: - To write business letters organizing information effectively, choosing appropriate register and format aimed at the target reader

- To use a wide range of vocabulary and structures essential for written communication

The Main Themes:- Brands- Competition- Risk Management- Exchange Rates- Currency Basket- Globalization- Business Meetings- Management Styles- Business Correspondence - Types of business letters- Minutes of business meetings - Summarizing information presented in authentic materials

161

Requirements for Obtaining the Credits: The attendance record and sufficient knowledge of the topics included in the study programme, presentation of individually worked out theme in economics, 4 tests during the semester, a written credit test and oral examination at the end of the course. Assessment consists of:1. Participation and active work during practical classes 20%2. Evaluation of the tests 30%3. Evaluation of the written credit test/oral examination 50%

List of Literature:1. A.Littlejohn “Company to Company”, Cambridge University Press, 19992. D.Cotton “Business Class”, Nelson, 19973. A.Ashley “A Handbook of Commercial Correspondence”, Oxford University Press, 19994. M.McCarthy, F.O’Dell “English Vocabulary in Use”(Advanced), CUP, 20025. T.Tweeney “English for Business Communication”, CUP, 20006. A.Hering “Geschaeftskommunikation”, Max Hueber Verlag, 20007. A.Buscha „Geschaeftskommunikation“, Max Hueber Verlag, 19998. Grill, Perczynski „Wirtschaftslehre des Kreditwesens“, Verlag Gehlen, 19939. Autentiskie materiāli, ārzemju periodika.

162

English/German As Optional Subject

Number of Credits 4 (Course C)

Preliminary Knowledge – elementary level

Annotation: The objectives of the course are to develop communicative skills, to respond adequately in everyday situations, to acquire lexis for making banking transactions, to communicate in grammatically correct language and to use written language within the scope of the study programme. The study programme develops clear and effective business communication skills and enables:

I. Speaking: - To obtain and exchange information - To communicate in everyday situations - To discuss business topicsII. Listening: - To understand authentic speech in a foreign language - To distinguish between different pronunciations (British and

American) - To understand and summarise the basic information

III. Reading: - To skim and scan the text, finding specific information - To evaluate facts and details discussed in the text

IV. Writing: - To write summaries, outlines and business documents (letters)

The Main Themes:- Presenting information- Requesting information - Making appointments, requests, agreeing, disagreeing, refusal- Daily routine, time management- Telling about events in the past- Future plans: setting objectives, analysis of possibilities- Expressing opinion, agreeing, disagreeing, discussion- Giving and receiving thanks and apologies- Food and drinks, likes and dislikes- Description of objects: giving instructions, asking for clarification- Similarities, differences, preferences- Characterising places and people, giving directions- Travelling. Traffic, hotels- Telephone conversations- Personnel recruiting. Applying for a job. Job interviews- Banking services. Non-cash payment cards- Numbers- Grammar

Requirements for Obtaining the Credits: The attendance record and sufficient knowledge of the topics included in the study programme, 4 tests during the semester, a written credit test and oral examination at the end of the course. Assessment consists of:1. Participation and active work during practical classes 20%2. Evaluation of the tests 30%3. Evaluation of the written credit test/oral examination 50%

163

List of Literature:1. C.Oxenden, P.Seligson „English File-2”, Oxford University Press, 19972. R.Murphy „Grammar in Use”, Cambridge University Press, 19993. H.Aufderstrasse “Themen neu 1, 2, 3”, Max Hueber Verlag, 19964. H.Funk „Eurolingua Deutsch 1, 2, 3“, Zvaigzne, 19995. Ch.Fandrych „Klipp und Klar“, Ernst

164

Auditing

Course summary: The objective of the course is to provide general knowledge and practical skills for conducting the audit of financial statements of a

company (client). The course introduces the students to the concept, subject and methods of auditing; substance of inspection, audit and audit review. The

course deals with the audit process in a company, legal framework for the activity of sworn auditors, organisation of audit work, peculiarities of particular

audit areas. During the course students acquire practical skills necessary for performing the audit of financial statements of a company (client).

Key topics:

1. Substance, types and objectives of auditing. Substance of and necessity for the audit of financial statements. Types of audit. Internal and external audit.

2. Legal and professional framework governing the auditing activity. Law On Sworn Auditors. Code of ethics of Latvian Association of Sworn Auditors. International Standards on Auditing.

3. Fundamentals of International Standards of Auditing. Fundamentals of auditing and related services (review, agreed-upon procedures, data summarising).

4. Selection of a customer, engagement letter, understanding of the client’s business operations.5. Audit documentation and audit quality control. Audit planning. Audit evidence.6. Drawing-up of the audit opinion. Auditor’s report.7. Auditing activity in Latvia.

Requirements for passing the course: Active participation in classes, positive assessment of a written test and passed exam.

The assessment is comprised of:1. Written test 20%2. Activity in seminars and practical classes 40%3. Examination assessment 40%

Bibliography:

1. Starptautiskie revīzijas standarti. Zvērinātu revidentu konsultāciju birojs. Rīga: 2000.2. Grāmatvežu profesionālās ētikas pamatnostādnes. Latvijas zvērinātu revidentu asociācija. Rīga:

2000.3. The Parliament (Saeima). Law On Sworn Auditors’.

4. Ievads auditā. Rīga: Latvijas Universitāte, 1994.5. Grāmatvedības un audita pamati starptautisko standartu skatījumā. Rīga: Latvijas Universitāte,

1994.6. Daņēviča D. Finansu pārskatu revīzija. Starptautiskie revīzijas standarti. Rīga: Biznesa augstskola

Turība, 2003.

165

Credits:

Required background knowledge:

2 credits (A subject)

economics of entrepreneurship, financial accounting I and II, finances I, financial system, law

Management Accounting

Credits: 2 credits (A subject)

Required background knowledge: financial accounting I, finance I, microeconomics, corporate management and organisation, auditing I

Course summary: The purpose of the course is to evoke general understanding on the corporate management accounting, management methods and instruments used for application of these methods. The course provides a general introduction in cost classification and its application to cost planning and decision-making processes. Students study calculation of cost price and cost price calculation methods, obtain general understanding of the role of break-even point and its application in business planning and control. Students acquire operational planning and budget-drafting skills. The course includes the analysis of methods for efficiency improvement, price types and pricing methods applied in various enterprises

Key topics:1. Objectives, methods and key principles of management accounting. Comparative review of finance

and management accounting.

2. Cost accounting for calculation of prime cost of stock and assessment of financial result (profit and loss). Type of costs. Cost classification.

3. Product cost (cost-price) Application of various cost price calculation methods.

4. Information required for decision-making. Types of decisions, decision-affecting factors.5. Planning and control. Types of budgets, the planning process. Functional budgets, financial budgets

and general budgets. Budget control and analysis of deviations. 6. Application of quantitative methods in the management accounting.7. Linear programming in the management accounting.8. The key challenges and opportunities of contemporary management accounting.

Requirements for passing the course: Active participation in classes, positive assessment of a written test and passed exam.

The assessment is comprised of:1. Written test 20%2. Examination assessment 80%

Bibliography:1. Vadības grāmatvedība. 1 - 4.daļa. Londona: Ernst@Young, 1995.2. Alsiņa R., Zolotuhina K., BojarenkoJ. Vadības grāmatvedības pamati. Rīga: RaKa, 2000.3. Dūdele A, Korsaka T. Finansu vadības pamati. Rīga: Apgāds „Rasa ABC”, 2001.4. Pel�s A. Vadības grāmatvedība, 1.un 2.daļa. Rīga: KIF „Biznesa Komplekss”, 2001.5. Drury C.Management and cost accounting. International Thomson Business press.

166

Finances ICredits:

2credits (A subject)Required background knowledge: mathematics, statistics, mathematical statistics,

financial accounting I, microeconomics, economics of entrepreneurship I

Course summary: The purpose of the course lies in introducing the students to the financial analysis methods; provide the knowledge on assessment of financial statements of companies and understanding on application of results of the financial analysis to financial management of a company; explain the concept of risk; provide basic knowledge in theory of validity and risk. The course describes the role of financial analysis in the management of a company. The course teaches to use financial statements as a primary source for the financial analysis. Within the framework of the course, students master the analysis of the business subject’s financial position, contents of financial stability and fast analysis. The course analyses the liquidity of companies, business activity and commitments, profitability, the factors affecting the financial figures of a company, cost of capital, financial leverage, structure and management of capital, as well as market activity. The course discusses the decision-making process under uncertainty conditions, the concept of risk, theory of validity, risks inherent to entrepreneurship, banking and insurance businesses.

Key topics:

1. The role of financial analysis in finance management.2. Evaluation of business subject’s financial position by applying the fast methods.3. Estimation of a company’s financial position by applying financial ratios.4. Structure and cost of capital5. Leverage and its role.6. Analysis and management of current assets.7. Cash flow forecasts.8. Analysis of a company’s market activities.9. Analysis of factors affecting financial figures.10. Concept of business risks, classification options.11. Quantitative measurements of various risks.12. Decision-making methods under uncertainty conditions. (choice of the optimal solution).13. Analysis of parameter sensitivity.14. Role and cost of supplementary information, Bayes analysis.15. Concept of validity and its role in choosing the optimal solution.16. Concept and methods of risk management.

Requirements for passing the course: Active participation in classes, positive assessment of a written test and passed exam.

The assessment is comprised of:

1. Written test 30%2. Examination assessment 70%

Bibliography:

1. Rurāne M. Finansu pārvaldība. Rīga: 2001.2. Dūdele A., Korsaka T. Finansu vadības pamati. Rīga: 2001.

167

3. Bringhan E.F., Houston J.F. Fundamentals of financial management.- Thomson, 2003.4. Ehrhardt M.C., Bringham E.F. Corporate Finance. A Focused Approach.-Thomson, 2003.5. Atrill P., McLaney E., Financial Accounting for Non-Specialists,-Prentice Hall Financial Times,

2002.

168

Financial Accounting ICredits:

5credits (A subject)

Required background knowledge: Economics of entrepreneurship I

Course summary: The purpose of the course lies in providing the students the knowledge on recording of business operations; preparing of accounting reports and using of the accounting data for financial analysis and decision making purposes, as well as in the application of accounting software. The course introduces the students with law and methodological guidelines governing the accounting records. During the course students cover double-entry principle starting from the company’s foundation phase up to the closing of a full production cycle (service rendering), as well as the major forms of accounting, its application in practical solutions. The course introduces the students to peculiarities of recording the long-term investments and current assets, equity and liabilities, revenue and expense. The course provides the necessary skills in preparing annual report (financial statements) of a company. During the course students also acquire practical skills in application of accounting software, entry of business transactions, drawing-up and completing the accounting documents. The students learn to prepare parts of and notes to the annual report.

Key topics:1. Principles, methods and organisation of accounting.2. Annual report, its main constituent parts. Equation of balance sheet.3. Impact of business operation on the balance sheet. Profit and loss calculation, retained earnings.4. Accounts and double entry. Synthetic and analytical accounts. Chart of accounts.5. Types, preparation, storage of accounting documents, correction of errors.6. Stock-taking. Types of stock-taking.7. Accounting and evaluation of long-term investments and current assets.8. Accounting of equity.9. Provisions and liabilities.10. Revenue/ expense accounting.11. Profit and loss statement.12. Application of accounting software.13. Recording of the fixed assets, calculation and recording of the depreciation. Elimination of the fixed

assets from the accounts.14. Recording of financial investments.15. Recording of loans and securities.16. Periodical stock-taking method. Documentation of stock movements and computerised processing

thereof.17. Peculiarities of low-value stock accounting.18. Evaluation of stock (inventories). FIFO and LIFO methods. Evaluation of inventories according to

average weighed or average price method. Stock-count of inventories and adjustment.19. Accounts receivable. Write-off of the accounts receivable. 20. Methods of evaluation of the doubtful debts.21. Payments to suppliers (trade payables).22. Cash account.23. Taxes payable.24. Calculation and accounting of dividends. Disbursement of dividends.

Requirements for passing the course: Active participation in classes, positive assessment of the written tests and passed exam.

The assessment is comprised:

1. Written tests 40%

169

2. Examination assessment 60%

Bibliography:1. The Republic of Latvia Law On Accounting, 1992.2. The Republic of Latvia Law On Annual Reports of Companies, 1992.3. The Cabinet of Ministers of the Republic of Latvia. Regulations No.243 On Organisation and

Arrangement of Accounting. (25 July 2000).4. The Cabinet of Ministers of the Republic of Latvia. Regulations No.244 On Accounting of Cash

Transactions. (25 July 2000)5. The Republic of Latvia Ministry of Finance. Guidelines No.832 On Stock-taking. (6 September

1993).6. The Republic of Latvia Ministry of Finance. Guidelines No.357 On Accounting of Fixed Assets

and Their Depreciation (Amortisation). (30 May 1994).7. The Republic of Latvia Ministry of Finance. Recommendations for accounting records of foreign

exchange balances 26 October 1994).8. Grāmatvežu profesionālās ētikas pamatnostādnes. Rīga: Latvijas zvērinātu revidentu

asociācija,2000.9. Grāmatvedības un audita pamati starptautisko standartu skatījumā. Lielbritānijas auditorfirma

„Moore Stephen”. Rīga: Latvijas Universitāte, 1997.10. Ieteikumi grāmatvežiem. Rīga: Zvērinātu revidentu konsultāciju birojs,1996.11. Benze Jānis. Finansu grāmatvedība / Jānis Benze ; zin. red. doc. D. Vanags. - Rīga : Grāmatvedis,

1998. - ISBN 9984-91100-4. - 322 lpp.12. Grebenko M. Grāmatvedības uzskaite : Māc. līdz. - 4.pārstrādāts un papild. izd. - Rīga :

ADREMS, 2000.  1. daļa. – 168 lpp.13. Grebenko Maija. Darba likums un grāmatvedība. - Rīga : Lietišķās informācijas dienests, 2002. -

(Bilances bibliotēka).  – 120 lpp.14. Januška Marina. Grāmatvedība visiem : (praktisks palīglīdzeklis -- īss kurss). - Daugavpils : SIA

"Inovācija", 2000.  – 70 lpp.

170

Financial Accounting IICredits:

2 credits (A subject)Required background knowledge: Financial accounting I

Course summary: The purpose of the course is to ensure the understanding of the essence of a consolidated annual report (financial statements); to provide the understanding of the key principles underlying the consolidation and preparation of the consolidated annual report (financial statements). During the course the students are given insight into technical and legal aspects of consolidation.

Key topics:

1. The concept and essence of the group of companies. Concept of a parent company and subsidiary. Substance of consolidation.

2. The key principles of a consolidated annual report (financial statements) and the consolidated report.

3. Identification of companies subject to consolidation.4. The group information disclosure principles.5. Content and form of the consolidated annual report.6. Adjustment of financial statements.7. Consolidation of subsidiaries.8. Proportional consolidation.9. Consolidated statement of changes in equity.10. Consolidated cash flow statement.11. Organisational preconditions for preparation of the consolidated annual report.

Requirements for passing the course: Active participation in classes, positive assessment of written tests and passed exam.

The assessment is comprised of:

1. Written tests 30%2. Examination assessment 70%

Bibliography:1. The Parliament (Saeima). Law On Consolidated Annual Reports (1999.)2. The Parliament (Saeima). Law On Annual Reports of Companies (1992.)3. Konsolidēto gada pārskatu sastādīšanas rokasgrāmata. Rīga: LR Finanšu ministrija, 2000.

171

Financial Accounting IIICredits:

6credits (B subject)Required background knowledge: Financial accounting I, financial accounting II,

banking, taxes, duties and other statutory payments forming the state revenue

Course summary: The course is aimed at providing the students an understanding of peculiarities of accounting in state-funded institutions, credit institutions and insurance agencies. The students will learn about the peculiarities of accounting in the aforementioned institutions, regulatory methodological guidelines and accounting standards and acquire the knowledge on accounting operations and entry thereof. During the course the students learn to prepare accounting reports independently. They study the bank accounting, accounting of the key financial services, as well as learn the key reporting principles applicable to the insurance companies. The students also develop practical skills by making entries on business transactions, drawing-up and completing of accounting documents.

Key topics:

1. Financing of state-funded institutions.2. Requirements of accounting in the state-funded institutions. Computerised accounting3. Long-term investments and accounting thereof in state-funded institutions.4. Current assets and accounting of the current assets in state-funded institutions.5. Equity and equity formation sources in state-funded institutions.6. Types of liabilities and accounts payable, accounting thereof in state-funded institutions7. Operation accounts in the state-funded institutions.8. Accounting of the funds provided from the EU pre-accession instruments: PHARE, ISPA and

SAPARD in state-funded institutions.9. Laws and regulations governing the accounting and financial reporting of banks.10. International accounting principles and their application to bank’s financial reporting documents.11. Accounting documents and registers in banks.12. Accounting of financial services of banks.13. Preparation of bank’s monthly balance sheet.14. The key principles for preparation of a bank’s annual report (financial statements), constituent

parts of the annual report.15. Laws and regulations governing the accounting and financial reporting of the insurance

companies.16. Accounting documents and registers in the insurance companies.17. The key principles for preparation of annual report (financial statements) of the insurance

companies, constituent parts of the annual report.

Requirements for passing the course: Active participation in classes, positive assessment of written tests and passed exam.

The assessment is comprised of:

1. Written tests 30%2. Examination assessment 70%

Bibliography:

1. The Parliament (Saeima). Law On Budget and Financial Management. (24.03.1994.).2. The Parliament (Saeima). Law On Accounting. (1992.).3. The Parliament (Saeima). Law on Annual Reports of Companies (1992.)4. The Parliament (Saeima). Law On Insurance Companies and Supervision of Insurance

Companies. (1998.)172

5. International Financial Reporting Standards (IFRS). 2003.6. Grebenko M. Grāmatvedības uzskaite. Rīga: 2001.7. The Parliament (Saeima). Law On Credit Institutions. (05.10.1995.).8. Grāmatvežu profesionālās ētikas pamatnostādnes. Rīga: Latvijas zvērinātu revidentu

asociācija, 2000.9. Grāmatvedības un audita pamati starptautisko standartu skatījumā. Lielbritānijas auditorfirma

„Moore Stephen”. Rīga: Latvijas Universitāte, 1997.10. The Ministry of Finance. Order No.4 Economic Classification of Budget Expenditure.

(09.01.1998.)11. The Ministry of Finance. Order No.794 „Chart of Accounts of State-funded Institution and

Budgets of Local Governments and Methodological Recommendations for Application of the Chart of Accounts. (15.12.1998.)

12. The Cabinet of Ministers of the Republic of Latvia. Regulations No.421 On Financial Reporting (Annual Report) of Insurance Companies.

173

Taxation Credits:

5 credits (A subject)Required background knowledge: financial system, financial accounting I

Course summary: The purpose of the course lies in providing the understanding of taxes and state duties, tax accounting and tax payers’ liability in terms of tax accounting and tax payment. During the course the students acquire the following knowledge and skills: calculation of tax charges, drawing-up of the tax reports, knowledge on key principles underlying the customs operation and procedures. The students obtain knowledge on tax payers’ liability under tax laws and liability in the event of violation of the tax laws.

Key topics:1. Structural elements of taxes and state duties.2. Rights and obligations of tax and duty payers. 3. Taxable object.4. Statutory requirements for tax accounting.5. Exemptions and rebates. Increase of profit resulting from correct payment of taxes.6. Tax payers’ liability.7. Calculation of tax charges, payment of taxes, extension of the payment period, provisions on

refund of the overpaid taxes.8. Rights and obligations of the tax administration.9. Laws and regulations governing the basic principles of customs operation and procedures.10. Customs clearance process and pre-clearance activities. Customs procedures.11. Violation of customs regulations, liability.

Requirements for passing the course: Active participation in classes, positive assessment of written tests and passed examination.

The assessment is comprised of:

1. Written tests 30%2. Examination assessment 70%

Bibliography:1. The Parliament (Saeima). Law On Taxes and Duties (02.02.1995.).2. The Republic of Latvia official newspaper Latvijas vēstnesis.3. Laws and regulations of the Republic of Latvia on taxes.4. The Parliament (Saeima). Customs Law. (1997.).5. The Parliament (Saeima). Law On State Revenue Service. (1993.).

Financial SystemCredits:

10 credits (A subject)Required background knowledge: Economics of entrepreneurship,

microeconomics, macroeconomics, finance, basic knowledge of insurance, company management, law

174

Course summary: The purpose of the course is to introduce the students with the financial system, its operation, the financial market instruments, public finances and regulation thereof. The students are given the insight into operation of Latvian credit institutions and basic principles underlying it. The students learn to analyse solvency and security of banks, gain knowledge in the range of banking services, view the banking as a business activity, and the bank – as a tax payer. The course is aimed at forming the basic understanding of life insurance products and interest of the insured; providing the view on risk underwriting. The students are introduced to the basic methods of actuary calculations; the course develops the students’ skills of performing the actuary calculations on life insurance products by using the financial calculator. Meanwhile the course dwells also on the essence and role of the financial system in the overall economy, human resources employed in the financial system, state finances and regulations thereof.

Key topics:

1. The substance and role of the financial system in the economy.2. Characteristics of human resources employed in financial system.3. Banking system, insurance companies, investment funds, Riga Stock Exchange, Latvian Central

Depository.4. Money and its functions.5. Financial market instruments.6. State finances.7. State Treasury.8. Control of the financial system exercised by the State.9. The system of credit institutions in Latvia, the Bank of Latvia and its functions.10. Credit unions, their role. Regulatory environment for operation of credit unions.11. Establishment of banks, organisational structure of banks.12. Opening of bank accounts, relations between the bank and a client.13. Banking services.14. Liquidity, profitability and solvency of banks.15. Reporting of credit institutions to the Bank of Latvia and to the Financial and Capital Markets

Commission.16. Taxes payable by banks to the state and municipal budget.17. Basic types of life insurance, modification of the basic products, underwriting of risk.18. Tax regime applicable to life insurance, life insurance market in Latvia.19. Calculation of the present value of insurance for the basic products of life-insurance.20. Necessity for and advantages of non-life insurance.21. Calculation of insurance premiums on the key products of life insurance.22. Risk assessment and underwriting in non-life insurance.23. The key types of risk insurance.24. Re-insurance. Insurance object protection measures.25. The key principles for calculation of insurance premiums and tariffs.26. Supervision exercised by the state. Tax rebates.

Requirements for passing the course: Active participation in classes, positive assessment of written tests and passed exam.

The assessment is comprised of:

1.Written tests 40%2.Examination assessment 60%

Bibliography:1. The Parliament (Saeima). Law On Budget and Finance Management. (24.03.1994.).

175

2. The Parliament (Saeima). Law On Insurance Agreement.(2003.).3. The Parliament (Saeima). Law on Insurance Companies and Supervision of Insurance

Companies. (1998.)4. Kudinska Marina. Finansu tirgus Latvijā un Eiropas Savienībā / Marina Kudinska, Brigita

Baltača, Egils Kaužēns. - Rīga : Banku augstskola, 2001. -  100 lpp.5. Briede I. Banku finansu pakalpojumi. Rīga: BA Turība, 2000.6. Aut.kol. Naudas, kredīta un nodokļu politika. Rīga: Datorzinību centrs, 1998.7. Aut.kol. Nauda, bankas, vērtspapīri. Rīga: Datorzinību centrs, 2000.8. Howells P., Bain K. Financial Markets and Institutions.9. Rose P. S. Money and Capital Markets.10. Bond P. “The Monetary and Financial System”. FCIB11. Resolutions of the Council and Board of the Bank of Latvia, www.bank.lv.12. Resolutions of the Financial and Capital Market Commission, www.fktk.lv.

176

Financial ManagementCredits: 2 credits (A subject)

Required background knowledge: management accounting, financial accounting 1, financial analysismicroeconomics, macroeconomicscorporate management and organisationeconomics of entrepreneurship

Course summary: The aim of the course is to provide the students with knowledge in fundamentals of financial management, introduce them to the elements of contemporary finance management and acquire necessary skills in application of various finance management methods. The course is aimed at introducing the audience with international business valuation methods and the instances of Latvian valuation practice methods; providing the information on the documents governing the valuation in Latvia and in the World; providing the knowledge on contents of the valuation reports and application of business valuation.

Key topics:1. Business valuation methods. 2. Methods of capitalisation and discount of future revenue.3. Estimation of premium and discounts of stock.4. Short-term financial management.5. Long-tem finance management decisions. 6. Capital formation and the cash flow principles. 7. Cost of capital, structure of capital, dividend policy .8. Long-term finance decisions. 9. Evaluation of investment projects. Methods for evaluation of investment projects: payback

period analysis, net present value analysis; internal rate of return analysis; modified rate of return analysis.

10. Risks inherent to the investment projects. Currency risk, interest rate risk, risk management principles.

Requirements for passing the course: Active participation in classes, positive assessment of written tests and passed exam.

The assessment is comprised of:

1. Written tests 20%2. Examination assessment 80%

177

Bibliography:

1.Ekonomikas un finanšu vārdnīca. Rīga: Apgāds Norden AB, 2003. 2.Rurāne M. Finansu pārvaldība. Rīga: Latvijas izglītības fonds, 2001. 3.Dūdele A., Korsaka T. Finansu vadības pamati. Rīga: Apgāds „Rasa ABC”, 2001. 4.Charles J., Woelfel. A. Enciclopedia of Banking &Finance. Tenth edition. Chicago: BankLine Publication. Probus Publishing company5.Samuels M., Wilkes F.M., Brayslaw R.E. Management of company finance. 6.Ковалев В. В. Финансовый анализ. Москва. 2000.7.Bellando J. L. Assessing the Financial Health of Insurance Undertakings to Protect the Insured from the Risks to Which These Firms are Exposed: Solvency Rules, OECD Workshop on Insurance in the Baltic States, Riga, 2000.8.Bowers N. L., Gerber H. U., Hickman J. C., Jones D.J., Nesbitt C. J. Risk Theory. USA: Society of Actuaries, 1986.9.Чернов В. А. Анализ коммерческого риска. Москва: Финансы и статистика, 1998.10.Лапуста М. Г., Шаршукова Л. Г. Риски в предпринимательской деятельности, Москва: ИНФРА, 1998.11.Гранатуров В. М. Экономический риск: сущность, методы измерения, пути снижения. Москва: Дело и Сервис, 1999.12.Уткин Э. А. Риск – менеджмент. Москва: ЭКМОС, 1998.

178