Content

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

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

2. Evaluation of the programme of studies.................................................................3

2.1. 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 20 th 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”

Number Number of credits Form of

No. Title of the study course of contact 1. 2. 3. 4. 5. 6. 7. 8. assess-
hours sem sem sem sem sem sem sem sem ment
General
1 Business English/German 156 2,5 1,5 test., exam
2 English/German for Special Purposes 222 1,5 1 1,5 2 test., exam
3 Office Work 24 1 test.
4 Mathematics 120 3 2 test., exam
5 Computer Science 128 3 1 test., exam
6 Philosophy 36 2 exam

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

Science Field
7 Microeconomics 76 1 2 exam
8 Macroeconomics 64 3 exam
9 Marketing I 32 1 test.
10 Financial Accounting I 140 2,5 2,5 test., exam
11 Management 56 2 exam
12 Statistics 60 1 1 exam
13 Law I 56 2 exam
14 Finances I 58 1 1 exam
15 Econometrics 36 2 exam
16 Operations Research 32 2 test.
17 International Entrepreneurship and 48 2 exam
Competition
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 exam
20 Taxation 120 4 1 test., exam
21 Law II 64 2 1 test., exam
22 Civil Defence & Work Safety 28 1 test.
23 Financial Accounting II 48 2 exam
24 Management Accounting 48 2 exam
25 Auditing 36 2 exam
26 Marketing II 36 2 exam
27 Business Communication 76 2 1 test.
28 Human Resource Management 36 2 exam
29 Project Management 64 3 exam
30 Marketing III 24 1 test.
31 National Economy of Latvia 32 2 exam
32 Finances II 56 2 exam
33 Company Strategic Management 96 2 2 exam
34 Sociology & Organizational 80 1 1 1 test., exam
Behaviour
35 Logistics 36 2 exam
36 Management Information Systems 56 2 exam
No. Title of the study course Number of credits

6
 Number Form of
1. 2. 3. 4. 5. 6. 7. 8.
of contact assess-
sem sem sem sem sem sem sem sem
hours ment
37 Financial Management 56 2 exam
38 Financial Accounting III * 180 2 4 test., exam
39 Information Systems Development * 56 2 exam
40 Algorithms & Programming * 112 3 2 exam
41 Tourism Management 64 3 exam
42 Trade Management 64 3 exam
Total: 1580 4 4 6 4 17 16 16 0 0
Optional study courses
43 History of Culture 40 1 1 test.
44 History of Economy of the Baltic 40 1 1 test.
States
45 Principles of Website Designing 20 1 test.
46 European Integration 24 1 test.
47 Foreign Language: German or 128 2 2 test., exam
English (elective)
48 Political Science 48 2 exam
49 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
3
Innovation Project/Applied Research
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 activities
1.1. Marketing management
1.2. Financial management,
financial and management
accounting
1.3. Human resource management
and organizational behaviour,
legal relationships at work
1.4. Organisation of
production/services, logistics,
management information
systems, quality systems
management, work safety
1.5. Legislation of commercial
activity
2. Knowledge supporting the understanding and acquisition of theoretical economics and
management sciences
2.1. Theory of economics
2.2. Economy – mathematical
methods
3. Integrating knowledge and skills
3.1. Strategic management
3.2. International environment of
commercial activity
4. General knowledge and skills
4.1. State language
4.2. Foreign language
Communication skills
4.3.
Marketing
Financial Accounting, Management Accounting, Finances,
Financial System, Financial Management, Auditing, Taxation
Human Resource Management, Management, Sociology and
Organizational Behaviour, Labour Law
Economics of Entrepreneurship, Logistics, Management
Information Systems, Company Strategic Management, Civil
Defence and Work Safety, E-commerce
Law, Labour Law, Criminal Law
Macroeconomics, Microeconomics, National Economy of
Latvia
Mathematics, Econometrics, Operations Research, Statistics
Company Strategic Management, Project Management
International Entrepreneurship and Competition, Business
Communication, European Integration, Political Science
Knowledge and skills are demonstrated in the entrance
examination and developed in the courses of Business
Communication and Office Work
Business English/German, English/German of Special
Purposes, Foreign Language (elective)
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 courses

Common professional Macroeconomics, Microeconomics, National Economy of Latvia,
skills International Entrepreneurship and Competition, Financial System,
Management, Econometrics, Operations Research, Statistics, Law,
Business Communication, Sociology and Organizational Behaviour,
Project Management, Philosophy
General professional Business Communication, Project Management, Management,
skills and abilities 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 1998-2003
Year Number of
graduates
1998. 105
1999. 42
2000. 93
2001. 137
2002. 241
2003. 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 inspectors
heads of tax collection divisions,
tax specialists.

15
 In private sector:
private entrepreneurs
project 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 college
housewife.

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 Total at BIHE

implementation of
programme ”Business
Administration”
1. Academic staff, full time 36 42
2. Academic staff, part time 12 40
3. 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 Lecturers
1. 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 Year of Scientific/ Academic Courses

name, Name birth academic position

20
 degree
1. Auziņa Ruta 1939. Dr. paed. assistant Sociology and organizational
professor behaviour
2. Atstāja 1967. Mag.oec., assistant Auditing, Civil defence and
Dzintra doctoral professor work safety
student
3. Āne Inta 1955. doctoral lecturer Office work, Business
student communication, Human
resource management
4. Brigmane 1955. Mag.oec., assistant Business communication
Baiba doctoral professor
student
5. Briģe Andra 1957. Mag.oec., assistant Marketing I, II, III
doctoral professor
student
6. Brīvers Ivars 1957. Dr.oec. associated Econometrics, Operations
professor research, Microeconomics
7. Dumpe Maira 1963. Mag. oec., lecturer Information systems
doctoral development, E-commerce
student
8. Dunska 1962. Dr.oec. associated Macroeconomics, National
Margarita professor economy of Latvia
9. Fedotovs 1954. Dr.oec. associated Macroeconomics,
Aleksandrs professor International entrepreneurship
and competition
10. Gavare Valda 1942. Mag. philol. assistant Business communication,
professor Business English
11. Golde Daina 1958. Mag. philol. assistant European integration, German
professor
12. Grišāne 1950. Mag.oec. lecturer Financial accounting I, Office
Veneranda work
13. Hermanis 1971. lecturer Computer sciences, Principles
Jānis of Website designing
14. Ģēģere- 1955. Mag. philol. assistant Business English
Zetterstroma professor
Astrīda
15. Grasis Jānis 1971. Mag.hist., assistant Law I, II
Mag.iur., professor
doctoral
student
16. Graudiņa Aija 1956. doctoral lecturer Financial System
student
17. Innuse Gunta 1958. Mag.oec. lecturer Management Accounting
18. Korsaka 1964. Mag.oec., assistant Management Accounting,
Terēza doctoral professor Financial Management,
student Financial Accounting III
19. Kriķis Dainis 1954. Mag.math. assistant Mathematics, Statistics
professor
20. Kraže Sandra 1955. Dr.philol. associated English for Special purposes
professor

21
21. Lešinskis 1973. Mag.oec., lecturer Economics of
Kristaps doctoral Entrepreneurship, National
student Economy of Latvia
22. Mavļutova 1963. Mag.oec. lecturer Finances I
Inese
23. Ozoliņa 1957. Mag. philol. assistant Business German, German for
Sandra professor Special Purposes
24. Petere Gaida 1949. Dr.math. associated Finances II, Statistics
professor
25. Pūle Biruta 1959. lecturer Taxation
26. Raņķevica 1950. Mag.oec., assistant Financial Accounting I
Viktorija doctoral professor
student
27. Rezgale Anda 1954. lecturer Tourism Management,
Marketing I
28. Roziņa Gunta 1954. Mag. philol., assistant English for Special Purposes
doctoral professor
student
29. Strautmanis 1957. doctoral lecturer History of Economy of the
Jānis student Baltic States, Political science
30. Šreibere 1956. doctoral assistant Law I, II
Sniedze student professor
31. Titova 1951. assistant Financial System
Staņislava professor
32. Valdmane 1947. Mag. philol. assistant English for Special Purposes
Romāra professor
33. Vērdiņa Gita 1955. Mag.paed., assistant Management, Project
doctoral professor Management
student
34. Volkova 1960. Dr.oec. associated Management, Company
Tatjana professor Strategic Management
35. Vuškāne 1959. Mag.paed. lecturer English
Vilhelmīne
36. Zālītis Uģis 1942. Dr.oec associated Financial Systems
professor

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 m 2) 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 m 2 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.

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

26
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
Academic Number of students Country
year Studies Field practice
2000/2001 2 - Belgium
3 - Germany
2001/2002 1 - USA
2 - Austria
1 - Belgium
1 - Denmark
- 1 Italy
2 - Finland
5 2 Germany
2002/2003 4 - Austria
3 - Belgium
- 1 Lithuania
- 2 Poland
- 1 Portugal
2 - Finland
1 1 Germany
2003/2004 2 - Austria
3 3 Belgium
1 - Denmark
4 - Finland
2 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
With the National Examination Board
Decision No.8 of the 23rd of November 2003
Ints Vītols
Identity number 123456-12345

has been awarded

the qualification of a
Business Manager
The awarded qualification corresponds to the
Level 5 professional qualification
and
THE PROFESSIONAL DEGREE OF A
BACHELOR
of Business Administration
DIPLOMA OF HIGHER Seal
PROFESSIONAL EDUCATION
U. Zālītis
Acting Rector
Series PD <X>
No.<0000> Chairperson of National
Examination Board <Name, surname>
Riga, 23rd of November 2003
Registration No. <0000>

38
 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 QUALIFICATION

Name, family name
Date of birth
Identity number
2. INFORMATION ON QUALIFICATION
Title of qualification business manager (Level 5 qualification)
Major area of studies for obtaining qualification Business Administration
Name & status of qualification awarding institution Banking Institution of Higher Education, 19.06.1997.
state accredited institution of higher education
Language of instruction and examination Latvian
3. INFORMATION ON THE LEVEL OF QUALIFICATION
Level of qualification professional degree of a Bachelor of Business Administration
Official 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 research
Professional field practice
Bachelor’s paper „title of a theme”
Graduation examination in Business Administration

Assessment system
One Latvian credit corresponds to 1,5 ECTS
Class 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 INFORMATION
6.1. 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 person
1. Certificate of registration Secretariat L. Lancmane
2. Programmes of study courses Chairs Heads of Chairs
3. Resumes of creative and scientific Department of I. Āne
activities of lecturers Methodology
4. Materials of conferences Pro-rector’s office G. Piebalga
5. Documents on field practices Career Centre Dz. Atstāja
6. Items of graduation examinations Chair of Business G. Vērdiņa
and themes of diploma papers
7. Self-evaluation report Department of I. Brīvers
Methodology and
home page
www.lba.lv
8. Students’ Manual and Department of I. Brīvers
methodological materials Methodology
9. Normative documents of Banking Administrative L. Lancmane
Institution of Higher Education Department and
intranet
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 5 years

experience
Work experience Since 2000 - Banking Institution of Higher Education,
lecturer
1997 – 2000 K&C Machinery Ltd. (Great Britain) – area
manager
1995- 1997 SIA Skansil – accountant
1991- 1995 BK ASSOCIATES Ltd. (Great Britain) - area
manager
1985 – 1991 The Board of the Branch of USSR Book-Lovers
Society in Latvia, chief economist and accountant
1984 - 1985 Riga Centre of Engineering, chief accountant
1983 - 1984 Sports Centre Daugava (Daugavas sporta nams)
chief accountant
1979 - 1983 The Council of Ministers of Latvian SSR, State
Committee of Cinematography, chief economist

Pedagogic activities, Basic Course in Insurance

courses

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

scientific research of Latvia

Publications 3

Further education Course in Tourism Economics, Bornholm Business College,

Denmark, 2001
Intensive Individual Course in English, teacher - professor
Hilary M. Giasscock, Cambridge, 1999
Course in Psychology (personality and career development
program for women), Riga, 1996
Course – seminar The Development of Private Pension Funds
in Latvia, the Ministry of Economics, 1994
Course in Accounting, Banking College, 1993
Annual 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 26 years

experience

Work experience Since 2000 - Banking Institution of Higher Education

1995 – 2000 Riga International School of Economics and
Business ( RSEBAA), professor
1991 – 1995 Riga University of Aviation, professor
1977 – 1991 Riga Politechnical Institute, senior lecturer,
assistant professor

Pedagogic activities, Microeconomics

courses Macroeconomics
History of the Subjects of Economics
History of National Economy
International Economics

Directions of Development of the national economy in Latvia and the

scientific research Baltic States
History of economic notions
Macroeconomic indices
Publications 60

Further education Fieldwork in Denmark, 1994

Fieldwork at the University of York, Toronto, Canada, 1993
International Science Conference, Bergen, Norway, 1990
International Science Conference, Tbilisi, Georgia, 1986
Fieldwork 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 tourism
1974 – 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 24 years

experience

Work experience Since 2003 - Banking Institution of Higher Education, head

of the Student Information Centre
2002 – 2003 Banking Institution of Higher Education, head
of the Career Centre
1998 – 2002 Riga School of Tourism, deputy headmaster
1994 – 1998 Ministry for Environmental Protection and
Regional Development, Latvian Board of Tourism, deputy
director
1992 – 1994 Ministry of Transport, Tourism Division, head
of department
1973 – 1992 Riga Travel and Sightseeing Agency, head of
sightseeing department, director of training courses

Pedagogic activities, Management of Tourism

courses Marketing
Basic Course of Tourism
Development and Promotion of the Tourism Product
Fundamentals of the Hospitality Industry
Lectures at the Technical University of Brandenburg
Directions of Strategic management of tourism
scientific research

Further education Professional Efficiency Courses in Pedagogy, the University

of Latvia and Banking Institution of Higher Education, 2003.
Tourism Marketing, CESO project, Canada, 2001
Human Resource Management, CESO project, Canada, 2000
Management 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
economics
1992 University of Stockholm, master’s study programme in
banking
1976 – 1982 Latvian Academy of Agriculture, qualification
obtained: economist in agricultural sector, organizer

Academic position Assistant professor

Years of pedagogical 11 years

experience

Work experience Since 1992 – Banking Institution of Higher Education,

assistant professor
1999 - 2002 UN Commission for Refugees, head of
department
1993 – 1998 World Bank, Regional Office in Baltic States,
head of department
1987 – 1992 Institute of Agricultural Economics, senior
research associate
1985 – 1987 Agro-Industrial Committee, senior engineer
1982 – 1985 Ministry of Fruit and Vegetable Farming,
specialist

Pedagogic activities, Basic Course in Marketing

courses Marketing of Financial Services
Marketing Research and Market Segments
International Marketing

Directions of Relations between a bank and a customer, CRM

scientific research

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 professor

Years of pedagogical 18 years
experience

Work experience 1993 – present – Banking Institution of Higher Education,

teacher of the English language, assistant professor
1991 – 1993 Latvian Maritime Academy, teacher of the
English language
1989 – 1991 Kirov district creative school for pupils
“Saulīte”, teacher
1986 – 1988 USSR Plant Protection Institute, Baltic Branch,
translator
1984 – 1986 Kirov district Housing Administration No. 11
interest club “Saulīte”, teacher
1983 – 1984 Latvian SSR Academy of Sciences, engineer
1979 –1983 Latvian SSR Academy of Sciences Botanical
garden, linguist - translator
1973 – 1979 State Philharmonic Society of Latvia, secretary.
Pedagogic activities, General English
courses Business English
ESP – English for Specific Purposes
Directions of English teaching methods focused on foreign language for
scientific research 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,
2001
A.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, 2003
Intercultural Relations, Riga, LATE, 2003
The Latest Conceptions in English Academic Writing, 2003
Personnel Selection and Formation Problems in the FIT
46
 Company Based Higher Educational Institutions of Great
Britain, Hardfordshire, Great Britain, 2001
Language learning and teaching in the context of social
changes, Kaunas, 2000
A Review of Business English Communication Issues and
Needs and Teaching Strategies and Skills in the Tertiary
Environment”, Riga, 2000
ESP for Diplomacy and Accession, Riga, 1999
Teacher’s Refresher Course, Cambridge, 1997
First BESIG IATEFL Baltic Conference, 1996
„Writing for Banking Purposes”, 1996
Principles of Banking, 1995
Course 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 20 years

experience
Work experience Since 1998 - Banking Institution of Higher Education,
lecturer
1993 - 1998 Riga Centre Language School, teacher of the
English language
1984 - 1992 Riga Politechnical Institute, teacher of the
English language
1982 - 1984 State University of Latvia, engineer
1981 - 1982 Riga Elementary School No.17, teacher
1980 - 1981 Roja Secondary School, teacher

Pedagogic activities, General and Business English

courses
Directions of Problems of teaching authentic texts in Business English
scientific research
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, 2003
Intercultural relations, Riga, LATE, 2003
Course in tourism economics, Bornholm Business College,
Denmark, 2001-2002
Personnel selection and formation problems in the FIT
company based higher educational institutions of Great
Britain, Hardfordshire, Great Britain, 2001
Writing using PC, Riga,1999
Professional Efficiency Courses provided by the Embassy of
Great Britain, Riga, 1997 - 1998
Writing for Banking Purposes, 1996
Course 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 Latvia
1983 - 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,
lecturer
2000 – 2002 Banking Institution of Higher
Education, lecturer
1997 – 2000 SRS Riga Regional Department,
senior tax inspector in the division of financial
reporting and declarations of natural persons
1991 - 1997 Riga Region Social Insurance
Administration, Head of the Revenue
Department
1985 - 1989 Riga Accounting and Credit
College, teacher
1982 – 1985 State Bank, Proletarieshu district
branch, senior economist

Pedagogic activities, courses Taxes, duties and other state revenue

Accounting 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 Brigmane

Date of birth 31 May 1955
Education Since 2000 - studies in doctoral study programme in the
Faculty of Pedagogy and Psychology of the University of
Latvia
1998 – 2000 Riga University of Aviation, master’s degree in
economics
1975 - 1979 state University of Latvia, qualification
acquired: economist

Academic position Assistant professor

Years of pedagogical 14 years
experience

Work experience Since 2002 - MP of the Parliament of the Republic of Latvia,

assistant professor at the Banking Institution of Higher
Education
Since 1998 - Banking Institution of Higher Education, rector,
assistant professor
1997 – 1998 Banking Institution of Higher Education, acting
rector
1992 – 1997 Banking College of Latvia, Principal
1989 – 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 secretary
1979 – 1980 Riga Woodworking Factory, engineer-
economist

Pedagogic activities, Business Communication

courses

Directions of Quality management

scientific research

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 professor
Years of pedagogical 28 years
experience

Work experience Since 2000 – Banking Institution of Higher Education,

assistant professor
1993 – 2000 Riga Secondary School No. 1., deputy principal,
director of studies
1990 – 1993 Riga Commercial School, deputy principal,
director of studies
1984 – 1990 Riga L.Paegle Secondary School No. 1, deputy
principal, director of studies
1977 – 1984 Riga L.Paegle Secondary School No. 1, teacher
of mathematics
1975 – 1977 Riga Secondary School No. 24, teacher of
mathematics
Pedagogic activities, Mathematics
courses Statistics
Directions of Application of mathematical methods in modelling of
scientific research economic processes

Publications 18

Further education Contents, Methodology and Assessment of Curriculum in

Mathematics, Riga City Teacher Training Centre, 2002
Training 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 manager
1991 - 1993 Riga Technical University, Faculty of
Engineering Economics, master’s degree in economics
1986 – 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 professor
2002 – 2003 Banking Institution of Higher Education, Head
of Student Information Centre
2001 – 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, lecturer
1996 – 1997 Riga Pedagogy and Educational Management
Institution, lecturer
1994 – 1996 State company, non-profit organisation
Rehabilitation Centre of the Republic, speciality of the
commercial personnel, teacher of accounting
1993 – 1995 Jūrmala, Pumpuri Secondary School, home
training teacher
1988 – 1993 M. Lomonosov Russian School (Riga
Secondary School No. 23), teacher

Pedagogical activity, Auditing

courses Environmental Economics
Civil Defence and Work Safety
Fundamentals of Auditing
Inspection, Control, Audit
Safety at Work and Labour Protection
53
 Economics for Teaching Staff
Financial Accounting

Directions of Environment economics

scientific research Education management

Publications 17

Further education Fast Memorising School, company Lando, Riga, 2003

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

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

knowledge

54
 CV
1 October 2003

Gaida Petere
Name, surname
Date of birth 25 March 1949

Education 1979 – 1981 Latvian Academy of Sciences, Institute of Physics,

doctoral studies programme, doctor’s degree in mathematics
1966 - 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 33 years

experience
Work experience Since 1999 - Banking Institution of Higher Education, associated
professor
Since1999 - AS Seesam Life Latvia, actuary
1999 - 1999 Banking Institution of Higher Education, assistant
professor
1998 SIA Mēdiju aģentūra Alfa Centrs, chief financial officer
1996 – 1998 Latvian Post, centre for postal payments, chief
accountant
1986 – 1996 Riga Technical University, assistant professor
1973 – 1986 Riga Technical University, assistant

Pedagogical activity, Financial Mathematics

courses Statistics
Mathematical Statistics
Business Risks
Statistics and Analysis of Investment
Financial Risk Management

Directions of scientific Common differential equation – participation in LZP project

research 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, 2001
Courses at British Institute of Actuaries, obtained The Advanced
Diploma in Actuarial Science, 1999
Satisfactorily 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 philology
1973 - 1975 State University of Latvia, professional
efficiency courses for teaching staff of higher education
institutions
1962 – 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 28 years

experience
Work experience Since 2000 - Banking Institution of Higher Education,
assistant professor
1993 – 2000 University of Latvia, Centre of Languages,
lecturer
Since 1991 University of Latvia, Institute of Foreign
Relations, lecturer
1975 – 1991 University of Latvia, lecturer
1969 - 1973 Latvian Academy of Sciences, Institute of
Physics, translator - informant, Head of the Patent Group
1968 – 1969 Jurmala Secondary School No.1, English teacher

Pedagogical activity, English for specific purposes (business administration,

courses economics, finance and banking area)
Culture of international cooperation and business etiquette

Directions of Methods of teaching English for special purposes

scientific research Intercultural business communication

Publications 11

Further education ESPELL Project in Methodology of Teaching Foreign

Languages, British Council, 1998 – 2000
Moscow 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 pedagogy
1973 – 1978 State University of Latvia, qualification
obtained: economist

Academic position Assistant professor

Years of pedagogical 24 years

experience
Work experience Since 2002 - Banking Institution of Higher Education, Head
of Business Administration Department
1999 – 2002 Banking Institution of Higher Education, Head
of Business Economics and Administration Studies
1998 - 1999 A/S Latvijas Krājbanka, Head of the Training
Centre
1992 - 1998 Latvian Banking College, Head of the Training
Course Department, assistant professor
1990 - 1992 The Ministry of Finance of the Republic of
Latvia, Chief Financial Inspection, a specialist in the
methodology and organisation administration
1979 - 1990 Riga Accounting and Credit College, lecturer,
Head of Extramural Studies Department
1978 State Insurance Administration, economist

Pedagogical activity, Theory of Management

courses Human Resources Management and Organisation of Work
Project Management
Internal Audit
Directions of Internal audit as a tool for ensuring the quality of the higher
scientific research professional education

Publications 6

Further education Establishment of Study Programme in Tourism, Technical

College of Bornholm, Denmark, 2001 – 2002
General Principles of Internal Audit, University of Latvia,
State Training Centre for Municipal and Project
Management, Riga, 2000
Seminar “Banking Strategy”, the Ministry of Finance, Riga,
2000
Seminar for Heads of Internal Audit Units, PHARE project
framework, Riga, 2000
Project Management, University of Latvia, State Training
Centre for Municipal and Project Management, Riga, 1999
Effective Technologies in Communication” Training Centre
57
 “Arpus”, Riga, 1998
Course for Banking Specialists - Trainers, Denmark, 1996
Train the Trainer, AIB Bank and Latvian Association of
Commercial Banks, Riga, 1996
Teaching Methodology for Civil Servants, Danish School of
Administration, the Republic of Latvia School of Public
Administration, Denmark, 1995
The Course for National Tax Administration Personnel,
Directors and Heads of Training Centres, OECD Training
Centre, Denmark, 1995
Basic Course in Administration, Swedish consulting firm
OMNIA/ the Republic of Latvia School of Public
Administration, Riga, 1995
Certificate Entitling to Teach the Basics of Administration to
the Civil Servants, Danish School of Administration,
Denmark, 1994
Expert Workshop in Teaching Methodology Issues, Swedish
Foundation BITS, Sweden 1994
Bank 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

philology
1977 - 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 21 years

experience
Work experience Since 1993 – Banking Institution of Higher Education,
assistant professor
1992 - 1993 Riga Commercial School, teacher
1990 - 1992 Professional Efficiency Improvement Institute,
teacher of the Latvian and German languages
1982 - 1983 University of Latvia, Association of Science,
teacher of the German language
1982 – 1986 Riga School No.2, teacher

Pedagogical activity, General and Business German ,

courses German for Specific Purposes in the Area of Economics
German as a Second Foreign Language
The European Union Integration Process

Directions of Influence of the English language on Business German

scientific research

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, 2003
Studies and Information Week, Luebeck, Germany, 2003
Seminar „The Prospects of the Baltic States in the Europen
Union”, Carl Duisberg Association, Germany, 2003
Seminar „Methodological Guidelines for Working with the
Text Book „Einfach Deutsch””, Goethe-Institut, Riga, 2003
Seminar „Strategy of Teaching Foreign Languages at the
Professional Higher Education Institutions in Germany”,
Brandenburg, Germany, 2002
Seminar “Foreign Language Teaching Methodology”,
University of Kaunas, Lithuania, 2002
Seminar “Convention of the European Union”, VAS and Carl
Duisberg Association, Germany, 2002
Business German, Luebeck Foundation, 2001
59
 Seminar “Europe – Our Common Home”, Germany, 2001
Baltic Economic Management Course, 1999
The EU Teachers’ Training Program for Acquiring the
Qualifications of a Moderator, Bonn Institute of Politics
/VAS, 1996 - 1998
Seminar “Prospects of the European Union”, Brandenburg,
1998
German as a Foreign Language: Methodology and Didactics
of Economic Language”, Carl Duisberg College, Cologne,
Germany, 1996
Loans 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 1 year

experience

Work experience Since 2003 – Banking Institution of Higher Education,

lecturer
2000 - 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
officer
1995 – 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 department
1993 – 1995 SIA Enni, manager
1991 - 1993 SIA Pavadonis, manager
1989 – 1991 the Republic of Latvia Association for
Distribution and Trading of Periodicals, accountant, deputy
chief accountant
1986 – 1989 Professional Efficiency Institute for National
Economy Specialists, economic education office, employee
1979 – 1986 International Youth Travel Agency Sputņiks,
task manager

Pedagogical activity, Management Accounting

courses Financial Accounting

Directions of Operating expenses and methods for calculation of the

scientific research product (prime) cost, comparison of the calculation methods

Further education The Republic of Latvia Association of Accountants,

Certificate of a Professional Accountant, Riga, 2001 - 2002
Financial Analysis of the Republic of Latvia Ministry of
Health, SIA Eiropersonāls, 2001
Financial 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 programme
1994 – 1996 University of Latvia, Faculty of Philology,
master’s degree in English philology
1974 – 1979 State University of Latvia, qualification
acquired: philologist and teacher of the English language

Academic position Assistant professor

Years of pedagogical 22 years

experience

Work experience Since 1997 – Banking Institution of Higher Education,

assistant professor
1993 – 1997 Latvian Banking College, head of the
Languages Department, lecturer
1991 – 1993 Riga Commercial School, teacher of the English
language
1989 – 1991 Kuldiga School of Arts, teacher of the English
language
1988 - 1989 Riga Pupils Culture and Interest Groups Centre,
methodologist
1981 - 1988 Ministry of Education, Riga City Leningrad
district department, methodologist

Pedagogical activity, English for Specific Purposes (for business administration,

courses economics, finance and banking experts)
Academic English
Business English

Directions of Applied linguistics

scientific research

Publications 9

Further education Project of the British Council, World Bank and Ministry of
Education and Science "Presett Partnership Project", 2002
-2005
The Materials development – Ways to change, Leeds
Metropolitan University, Great Britain, 2003
Teaching English for Business, Hulls School of Modern
Languages, Switzerland, 2000
ESP for Diplomatic & Accession Purposes, British Council,
Riga, 2000
Advanced 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 37 years

experience

Work experience Since 1993 – Banking Institution of Higher Education,

lecturer
1964 – 1992 Latvian Extramural Studies College, lecturer

Pedagogic activities, Business Economics

courses

Directions of Methodology of business plan development

scientific research

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, 1997
Banking, Bornholm Business College, Denmark, 1996
Small 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

economics
1990 – 1992 State University of Latvia, post-graduate
program, theoretical course
1987 – 1990 State University of Moscow, post-graduate
program, theoretical course
1980 – 1985 State University of Moscow, Faculty of
Economics, qualification obtained: economist –
cybernetician

Academic position Lecturer

Years of pedagogical 14 years

experience
Work experience Since 2000 Banking Institution of Higher Education, lecturer
1999 – 2000 Institute of Transport and Communication
1997 – 2000 SIA Atreks, chief accountant
1996 – 1997 SIA Baveks, chief accountant
1995 – 1999 Riga University of Aviation, lecturer
1992 – 1995 SIA Bary, chief accountant
1986 – 1987 State University of Latvia, lecturer
1985 – 1986 State University of Latvia, Studies Department,
methodologist

Pedagogic activities, Finance

courses Finance Analysis
Modelling of Social Development
Prices and Pricing Mechanisms
Financial Accounting
Macroeconomics
Microeconomics
Basic Course of the Theory of Economics
Political Economics

Directions of The role of the financial analysis in decision-making

scientific research

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, 1996
Reproduction 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, 2002
Course 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

Inese Vingre-Ruskule
Name, surname
Date of birth 6 July 1962

Education 2001 accomplished the theoretical course of the doctoral

studies programme in Riga Technical University
1994 – 1996 Riga Technical University, master of Sciences in
management organisation
1979 – 1984 University of Latvia, qualification obtained:
economist
Academic position Assistant professor

Years of pedagogical 20 years

experience
Work experience Since 1998 - Banking Institution of Higher Education, Head
of Studies Department
1992 – 1998 Latvian Banking College, Vice principal of
studies
1984 – 1992 Riga Accounting and Credit College, manager
of Practice, lecturer

Pedagogical activity Mentoring and supervision of master, bachalour and

qualification papers
Directions of Management and organisational structure of commercial
scientific research banks

Publications 4

Further education International Course “International Standards of Financial

Reporting”, Moscow International School of Finance and
Banking, Riga, 2003
Management of Assets and Liabilities, Moscow International
School of Finance and Banking, Riga, 2001
Management of Assets and Liabilities in the Commercial
Banks, Moscow International School of Finance and
Banking, Riga, 2000
Human Resource Management, Luxemburg, 1999
Mortgage Lending, Bornholm Business College, Denmark,
1999
Professional Training in Banking, Midland Bank, London
and British Business School, 1996
Course for Banking Experts/Teachers, Bornholm Business
College, Denmark 1996
Train the Trainer, ABI Banks and Latvian Association of
Commercial Banks, 1996
Seminar on Teaching Methods, Swedish Foundation BITS,
1994
Financial Accounting and Credit Analysis, FAIRPLACE,
1993
Accountants 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 years
Work 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 assistant
1999 – 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, principal
1991 – 1994 Senior expert in the Ministry of National Education
/currently – Ministry of Education and Science/
1991 – 1991 Education Development Institute, methodology expert
1979 – 1991 Riga State Technical College, lecturer
1976 – 1979 Riga Secondary School No. 77, teacher

Pedagogic activities, Human Resource Management

courses Business Correspondence
Business Communications
Office Work
Higher Mathematics

Directions of Human resource management and related issues in the globalisation

scientific research circumstances
Adult pedagogy

Publications 6

Further education Teacher Multiplicator Training, Consulting and Training Centre,

Riga, 2000
International Management Training, CDG (Germany), 1999
Training and internship in „Weiterbildung fuer Fachkraefte der
Wissenschaft und der beruflichen Bildung”, CDG, Germany, 1999 -
2000
Deutsche Sprache in Deutschland, GOETHE Institute; Germany,
1998
Internship in the professional educational support institutions in the
70
 Netherlands, Great Britain and Ireland, ETF, 1998
English as a Foreign Language, University of Strathclyde, 1997
Management of Change and Development; Swedish consulting
company OMNIA; 1995
Lecturer Training Courses within the Framework of the EU State
Department Reform; LPKMC, 1994
Seminar „Developing-a-Curriculum Workshop”, Association of
Canadian Community Colleges; 1994
Internship 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 23 years

experience

Work experience Since September 2002, Banking Institution of Higher

Education, Head of Methodology Department
2001 - 2002 Banking Institution of Higher Education, Head
of Masters’ programmes
2000 - 2001 Banking Institution of Higher Education, Head
of Banking Department
Since December 1999, Banking Institution of Higher
Education, associated professor
February – December 1999 Banking Institution of Higher
Education, assistant professor
1997 – 1999 Business institute RIMPAK Livonija, rector
1997 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, lecturer
1981 – 1989 State University of Latvia, Faculty of
Economics, lecturer
1980 – 1981 State University of Latvia, Faculty of
Economics, lecturer, intern

Pedagogic activities, Microeconomics

courses Econometrics
Transaction Investigation
History 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, 2000
Course on Mortgage Lending, Bornholm Business College,
Denmark, 1999
Internship in Dalhousie University, Halifax, Canada, 1995
Internship in the Royal Institute of Technology in Stockholm,
Sweden, 1994
Ecologic Modelling Courses, the Royal Institute of
Technology in Stockholm, Sweden, 1993
Internship in W. Pieck’s University, GDR, 1989
School for Pedagogic Efficiency, State University of Latvia,
1980

Language skills Russian, English – fluent

73
 CV
1 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 3 years

experience
Work experience Since 2003, Banking Institution of Higher Education,
assistant professor
Since 2000, Banking Institution of Higher Education, lecturer
2001 – 2003 a/s Akciju komercbanka „Baltikums”, Head of
the Legal Department
2001 – 2002 SIA Firma L4, legal advisor
2001 – 2001 a/s Rietumu banka, leading lawyer
2000 – 2001 a/s Saules banka, chief lawyer
2000 – 2001 a/s Saules investīcijas, lawyer
1998 – 2000 State Revenue Service, Legal Department,
International Contracts Division, chief lawyer
1995. –1998. Naturalisation Department, Head of the
Examination Centre
1994. – SIA Refo, manager

Pedagogic activities, International Tax Politics

courses International Trade Law
Law
Business and Employment Law
Directions of International public and private law
scientific research

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

Jānis Hermanis
Name, surname
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 11 years

experience

Work experience Since 1998, Banking Institution of Higher Education, lecturer

1998 – 1998 a/s VAR Education centre, courses of various
levels for Windows98
1995 – 1998 Riga Crafts secondary school, teacher of
computer sciences
1994 – 1998 Salaspils Secondary School No. 1, teacher of
computer sciences and deputy principal for information
1993 – 1994 Baldone Secondary School, teacher of computer
science
1993 – 1994 Citizenship and Migration Dptm, Population
Register Computing Centre, computer operator
1992 – 1992 Daugmale 9-years Elementary School, teacher
of mathematics

Pedagogic activities, Informatics I and II,

courses Web Page Design
Introduction to Programming
Financial and Statistical Calculations
Office Software Applications
Business Chart Development

Publications Information technologies and their applications. Riga: Rasa

ABC, 2001

Directions of Informatics (Computer science)

scientific research Financial mathematics

Further education Seminar “To Be and To Know. Methods for Successful

University Teaching Work” Latvian Adult Education Union,
Riga, 2002
Seminar “Mortgage Lending System in Denmark”, Bornholm
Business College, Denmark, 1999
922 Supporting Microsoft Windows NT 4.0 Core
Technologies, SIA “Soft-tronik”, Riga, 1998
Windows NT 4.0 Administration, SIA “Soft-tronik”, Riga,
1998

75
 Lotus Notes for team working and e-mailing, SIA “Soft-
tronik”, Riga, 1998
Course at the educational centre of Bornholm, Riga, 1997
Introduction to the Automated Projecting System AutoCAD,
SIA Grada, Riga, 1997

Language skills Russian - fluent

German, English – basic skills

76
 CV

16 October 2003

Jānis Strautmanis
Name, surname
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 20 years

experience

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 courses
1994 - 2001 Sigulda City Council, deputy chairman
1993 - 1994 Sigulda Secondary School No. 2, director
1991 - 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, History of the Latvian Economy

courses Political Science

Direction of scientific Adult pedagogy

research

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 2 years

experience

Work experience Since 2001.g. Banking Institution of Higher Education,

lecturer
2000-2002 Riga Stradiņš University, European Integration
Institute, guest lecturer
2002-2002 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 consultant
1999-2001 SIA Lešinskis un partneri, director
1996-1999 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, Business Economics

courses International Finance Relations
Political Economics
International Finance Relations

Directions of Promotional work topic: “Latvian Labour Structure and its

scientific research 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, 1997
Experience exchange tour for foreign trade issues to Aarhus
University, Denmark, 1996
EU Institutions and the Single Market, European Union,
TEIEX office, Brussels, Belgium, 1996
Macroeconomics, in-depth course, University of Latvia,
Eurofaculty, Riga, 1995
Microeconomics, 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 Management
1998 – 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 5 years

experience

Work experience Since 2000, Banking Institution of Higher Education, lecturer

Since 1998, Banking Institution of Higher Education, Head
of Administrative Unit
1994 - 1998 Latvian Banking College, translator
1993 - 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 Quality management in public sector organisations

scientific research

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, 2002
Tourism 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 philology
1973-1978 University of Latvia, Faculty of Foreign
Languages, qualification obtained: philologist, teacher of
English

Academic position Assistant professor

Years of pedagogical 24 years

experience

Work experience Since 1994, Banking Institution of Higher Education,

assistant professor
1981-1994 Riga Centre Language School teacher of the
English language and literature
1979-1981 Riga City Lenin district National Education
Department, personnel officer

Pedagogic activities, Business English

study courses (ESP) Economic
Banking and Financial English

Direction of scientific Skills –centred and learner-centred approach in teaching ESP

research 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, 2003
Seminar Telemark college, Norway, 2002
Business 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 Psychology
1996-1998 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 Lecturer

Years of pedagogical 12 years
experience
Work experience Since 1998, Banking Institution of Higher Education, lecturer
1997 – 1998 SIA Teletekno OY, marketing manager
1994 -1997 Riga office of Canada’s Urbanistics Institute, project
coordinator
1992 – 1993 International Economics College in Riga, lecturer
1986 – 1994 Riga Technical University, Informatics and
Programming Department, engineer, senior engineer, lecturer
Pedagogic activities, Computer Sciences
courses Database Management Systems
Basic WWW page designing principles
Presentation Technologies
Project Management
E-commerce
Information System Designing
Directions of Role of information technologies in business development and
academic research education

Publications 6

Further education Teacher Multiplicator Training, CarlBro Management in

cooperation with the Association of Commercial Banks, 1998
Sales Strategies, Mercury International, 1997
Economic development of municipalities, Toronto, Canada, 1996
Summer 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 13 years

experience

Work experience Since 2002, Banking Institution of Higher Education, Head

of Economics Department, associated professor
Since 2001, associated professor
1996 – 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 professor
1990 - 1993 University of Latvia, senior lecturer, lecturer
1990 – 1990 Latvian Institute of ARK Economics, senior
research associate
1986 - 1989 Plehanov National Institute of Economics,
Moscow, graduate programme
1985 - 1986 University of Latvia, engineer

Pedagogic activities, Macroeconomics

courses Economic Politicy of Latvia

Directions of Theory Macroeconomics

scientific research Shaping the economic policy
International economics
Economics of the EU
Development potential for Latvia in the international market

Publications 16

Further education Mortgage lending, Bornholm Erhversskole, Denmark, 1999

Bank Operation Principles, North Lake College (USA), Riga,
1996
Banking expert and lecturer training “Mortgage Lending”,
Bornholm Business College, Denmark, 1996
Train the Trainer, ABI bank and the Association of Latvian
83
 Commercial Banks, 1996
Market 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 22 years

experience

Work experience Since 1993, Banking Institution of Higher Education,

assistant professor
1991 – 1993 Riga Commercial School, teacher
1993 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, General and Business English

study courses

Directions of Terminology problems (banking, financial etc.), dictionary

scientific research 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, 2001
Teaching Strategies, Riga, 2000
Teachers Refresher Course, Great Britain Cambridge, 1999
Writing Using PC, Brookhaven College, Riga, 1999
Writing for Banking Purposes, Brookhaven College, 1996
Short Intensive English Language Course, Great Britain,
Brighton, 1995
Banking English by T. Morton (USA), University of Dallas
university, 1995
Business Correspondence Course by S. Burton (USA),
85
 Brookhaven College, 1994
Business Correspondence Course by S. Burton (USA),
Brookhaven College, 1992
Introduction to Business by T. Morton (USA), Dallas
university, 1992
Business 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-branch
1994 - 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 41 years

experience

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,
director
1973 - 1992 Bulduri Horticulture Technical College, deputy
director
1968- 1973 Soviet Bulduri Horticulture Technical College,
agronomist
1966 - 1968 Babīte 8-years School, teacher
1962 - 1966 Burtnieki 7-years School, teacher

Pedagogic activities, Psychology

courses Business Ethics

Directions of Business ethics

scientific research Personality psychology

Publications 7

Further education Seminar „Persuasion Skills, Self-esteem Development and

Communication Theory”, Lattelekom Training Centre, Riga,
2001
Latvian 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,
1997
Communication 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 Education
1985 – 1986 Leningrad State University, postgraduate course
1973 –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 25 years

experience

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 teacher
1994 –1999 University of Latvia, Language Centre of the
Natural Sciences Faculty, Foreign Languages Department,
assistant professor
1992 –1994 University of Latvia, Faculty of Chemistry,
Faculty of Science, Foreign Languages Dptm, assistant
professor
1988 - 1992 State University of Latvia, Foreign Languages
Department, assistant professor
1986 – 1988 State University of Latvia, Foreign Languages
Department, senior teacher
1978 – 1986 State University of Latvia, Foreign Languages
Department, teacher

Pedagogic activities, English Stylistics

courses Tendencies in English
Intercultural Business Relations
Business English
Written Language
English (for geography, geology and environment experts)

Directions of Cultural diversity in the anthropological context

scientific research Different text types and their importance in foreign language
teaching: a discourse
89
Publications 18

Further education Courses, Banking Institution of Higher Education, 2001

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

International and Member of international organisation “SIETAR-EUROPA”

professional (intercultural education, training and research)
membership Member of the London University’s Educational Institute
Association (ALUMNI)
Member of the Council of the European Association of
Institutions in Higher Education
PRIME Networking board member
EURASHE executive council member
Language skills English - fluent
German – conversational skills
Russian - 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 21 years

experience

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, Academic German

courses Business German

Directions of Methodologies and means of teaching banking terminology

scientific research

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, 2003
Seminar„Methodical Guidelines for the Learner „Einfach
Deutsch”, Goethe- Institute, Riga, 2003
Seminar „Foreign Language Teaching Strategies in the
Professional Universities of Germany”, Brandenburg,
Germany, 2002
Courses in business German, „Deutshe
Auslandsgesellschaft”, Luebeck, Germany, 2001
Internship at the Carl Duisberg Language Centre, Cologne,
Germany, 1997
Internship 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 32 years

experience

Work experience 1992 Banking Institution of Higher Education, Finances

Department, associated professor
1973 – 1991 Ministry of Finances of the Republic of Latvia
1959 – 1973 Riga District Finances Department
1952 – 1959 Baldone District Finances Department

Pedagogic activities, National taxation, duties and other state revenues

courses National 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, 2003
Topicalities in Legislation, seminar organised by magazine
„Bilance”, Riga, 2003
Taxation news, Legislative Amendments, Practical Aspects of
Application / FIK „Biznesa komplekss” seminar, Riga, 2003
News in VAT application in 2003, Riga, 2003
Annual accounts of a company and their presentation, FIK
„Biznesa komplekss” seminar, Riga, 2003
On natural resources tax, seminar organised by magazine
„Bilance”, Riga, 2002
Qualitative Growth of the Universities and its Impact on
Economic and Scientific Development / Banking Institution
of Higher Education, 4th annual international conference,
Riga, 2002
Taxation in 2003 – How to do Business Planning, seminar
organised by newspaper „Dienas bizness”, Riga, 2002
What 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 Psychology
1977 - 1982 State University of Latvia, Faculty of Law,
qualification obtained: lawyer

Academic position Assistant professor

Years of pedagogical 11 years

experience

Work experience Since 1997 Banking Institution of Higher Education,

assistant professor, lawyer
1995 - 1996 SIA Felikss, lawyer
1989 - 1995 Rīgas Komercbanka, Head of Legal Department
1985 - 1989 Riga District People’s Court, judge
1983 - 1985 Riga City Proletarian District Prosecutor’s
Office, prosecutor’s assistant
1982 - 1983 Ventspils Inter-district Prosecutor’s Office,
intern

Pedagogic activities, EU Law

courses Labour Law
Economic Law
Law

Directions of Autonomy and centralisation of higher educational

scientific research institutions

Publications 4

Further education Seminar „State and Municipality Procurement”, University

of Latvia, Municipal and project management state training,
Riga, 2003
Seminar complex on the new labour law, Latvian Legal
Centre, Riga, 2002
Banking Institution of Higher Education, 4th international
scientific conference „ Qualitative Growth of Universities
and its Impact on Economic and Scientific Development”,
Riga, 2002
Course „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 41 years

experience

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, president
1977 – 1993 Deputy director of the Latvian Economic
Institute, director
1965 – 1977 USSR Central Statistics Bureau, ZPI Latvian
Department, head of department
1955 – 1965 Latvian Academy of Science, Economics
Institute, research assistant, research secretary
1975 – 1998 State University of Latvia, Faculty of
Economics and Management, assistant professor, Latvian
International Relations Institute
1969 – 1974 State University of Latvia, Head of Economic
Cybernetics Department, assistant professor

Pedagogic activities, Business Economics

courses Finance Management

Directions of Regional agricultural development and financial problems

scientific research

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 20 years

experience

Work experience Since 2003, Banking Institution of Higher Education, Deputy

Head of the Study Department, assistant professor
Since 2001, Banking Institution of Higher Education,
assistant professor
1995 – 2001 Banking Institution of Higher Education, guest
lecturer
1993 - 2001 State Revenue Service, Tax Department Audit
Division, Head of Methodology Unit
1993 – 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
Division
1990 – 1991 Riga City Central Urban District Financial
Inspection, Price Department, senior expert
1976 – 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, Taxes and Duties in Latvia

courses Financial System
Tax Audit
State and Municipal Budget
Trade Organisations and Technologies
Production Goods Merchandising
Cash Registers
Professional 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, 2002
Training „Taxation Politicy in the Baltic Countries”, OECD,
Tallinn, 2000
Seminars on tax administration, audit, inter-country audit,

96
 transfer prices, tax evasion, OECD, Denmark, Turkey,
Sweden, Austria, 1998 – 2000
Customer service psychology, State Administration School,
Denmark, 1999
Taxation of Insurance Companie, Budapest, Hungary, 1998
Seminar „Banking service management”, Bornholm
University, Denmark, 1998

Language skills Russian – fluent

97
 CV

15 October 2003

Name, surname Tatjana Volkova

Birth 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 professor

Years of pedagogical
experience 21 years
Work experience Since 1999, Banking Institution of Higher Education, pro-
rector, associated professor
1998 – 2000 Banking Institution of Higher Education, Head
of Further Education Dptm, assistant professor
1995 – 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, Business Economics

courses Business Management
EU and Business
Strategic Management

Directions of EU and business

scientific research Strategic management

Publications The total of 51

Further education International Management Teachers Academy, CEEMAN,

Bleda, Slovenia, 2002
Human Resources Management, Luxemburg, 1999
Mortgage Lending, Bornholm Erhvervsskole, Denmark,
1999

Social activities European movement in Latvia, board member

Baltic management development association (BMDA), board
member
Academy 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 12 years

experience

Work experience Since 1997, Banking Institution of Higher Education,

manager of Practice, assistant professor
1992 - 1997 Banking College, internship manager, lecturer
1990 - 1992 Riga Accounting and Credit College, lecturer
1985 - 1990 LSSR State Bank Riga City Distr. office, credit
inspector

Pedagogic activities, Management Accounting

courses Business Accounting
Bank Accounting
Financial Management

Directions of Accounting
scientific research

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

Language skills English – basic skills, Russian - fluent

CV

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
programme
1971 – 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 31 years

experience
Work experience Since 2003, Banking Institution of Higher Education, acting
rector
2002 – 2002 Banking Institution of Higher Education, Head
of Finance Department
2001 – 2002 Banking Institution of Higher Education, Head
of Banking Department
1995 – 2000 a/s Latvijas Krājbanka, Department of
administration of branches, regional manager
1993 – 1995 a/s Banka Baltija, a/s Rîgas Starptautiskâ
banka, branch manager
1985 - 1992 State University of Latvia, Faculty of Finance
and Trade, Dean
1982 – 1985 State University of Latvia, Finance and Credit
Department, assistant professor
1977 – 1979 Faculty of Finances and Trade, Finances and
Credit Department, senior lecturer
1963-1977 State Insurance Department, controller-auditor

Pedagogic activities, Banking Transactions

courses Bank Management
Insurance and Financing
Theory of Finance

Directions of Theoretical and practical aspects of the assets and liability

scientific research management of Latvian commercial banks

Publications 15

Further education Pedagogic Professional Development Courses, at the

Banking Institution of Higher Education, 2003
Internship 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 skills

100
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: accountant
1968 - 1969 Riga City Professional Trade School No. 19,
qualification obtained: secretary – shorthand writer -
typewriting expert

Academic position Lecturer

Years of pedagogical 20 years

experience

Work experience Since 1999, Banking Institution of Higher Education, lecturer

1994 - 1998 SIA Kitija, chief accountant
1988 - 1993 Latvian Extramural Agricultural Technical
College, lecturer on economic and legal subjects
1984 - 1988 Latvian Extramural Agricultural Technical
College, chief accountant
1983 - 1984 Riga City Social Security Office, chief
accountant
1976 - 1983 Latvian Extramural Agricultural Technical
College, chief accountant
1973 - 1976 Latvian Extramural Agricultural Technical
College, senior accountant
1969 - 1973 Latvian Extramural Agricultural Technical
College, secretary - typist – proof-reader

Pedagogic activities, Financial accounting

courses Office work

Directions of Legal basis of company’s shareholder’s equity and its

scientific research recording in financial accounting

Further education Course for Obtaining Top-level Certificate in Accounting,

International Federation of Accountants (Great Britain),
„final” level certificate”, 2002
Course for Obtaining Top-level Certificate in Accounting,
International Federation of Accountants (Great Britain),
„intermediate” level certificate, 2001 – 2002
Seminar „International Accounting Standards”, International
Federation of Accountants, London, 2002
Qualification Training on Accounting Standards,
102
 International Banking Institute, St-Petersburg, 2001
Certified 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 Latvia
1996 – 1998 University of Latvia, Faculty of Economics and
Management, master’s degree of social sciences in
economics obtained
1968 - 1973 State University of Latvia, Faculty of
Economics, qualification obtained: economist,
mathematician

Academic position Assistant professor

Years of pedagogical 21
experience

Work experience Since 2000 - Banking Institution of Higher Education,

assistant professor
1996 – 2000 Banking Institution of Higher Education,
lecturer
1992 – 1996 Latvian Banking College, chief accountant,
lecturer
1991 – 1992 Centralised Accounting of Riga Medical
Schools, deputy chief accountant
1978 – 1991 TTP Accounting and Computing Department,
manager
1973 – 1978 Social Security Ministry, Computing centre,
economist
Pedagogic activities, Financial Accounting
names of courses Tax Politics
passed

Directions of Special economic zones

scientific research

Publications 8

Further education Tourism business, Bornholm Business College, Denmark,

2002
Accounting Course, International Federation of Accountants
(Great Britain), „final” level certificate”, 2002
Accounting Course, International Federation of Accountants
(Great Britain), „intermediate” level certificate”, 2001
Qualification Training on Accounting Standards,
International Banking Institute, St-Petersburg, 2001
Budget accounting, University of Latvia, Riga, 2000
Mortgage Lending, Bornholm Business College, Denmark,
1999
Customer 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 21 years

experience

Work experience Since 2000, Banking Institution of Higher Education, lecturer

2000 – 2000 Language Centre, deputy director
1999 – 2000 Language Centre, executive director
1994 - 2000 Language Centre, senior lecturer
1994 – 1994 British tourism company Gold Crown Resorts,
translator
1982 - 1993 Baldone Secondary School, English teacher
1992 Odense (Denmark) Teacher’s College, guest lecturer
1985 - 1990 Baldone Secondary School, deputy director

Pedagogic activities, Business English

courses General English
English for Specific Purposes (ESP).
Directions of Intercultural aspects in business situations and tourism
scientific research
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, 2003
Distant Learning Course in Tourism Management, Bornholm
(Denmark) Tourism school, 2001 - 2002
Internet Usage in English Language Teaching, British
Council, 2000
English for Diplomats, British Council, 1999 - 2000
English Language and Methodology, Studio School,
Cambridge, 1996
Teaching 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 entrepreneurship
3. Legal and organisational structure of enterprise establishment
4. Business planning and functions
5. Business environment
6. Assets of a company and their structure
7. Sources of financing
8. Production costs and costs of sales. Human resources of an enterprise. Prime cost, its determination.
Size of a company
9. 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 objects
15. Description and factors affecting the financial decision-making
16. Acquisition and preparation of production factors
17. General characteristic of production planning and related issues
18. Market and market policy. Market research. Corporate pricing policies
19. 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%
109
 3. Written tests 30%
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 method
3. 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 research
2. Classification of decision-making situations
3. Linear programming
4. Non-linear programming
5. De-composition of target and net-type planning
6. 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 Competition
Credits: 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.

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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.

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

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 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.

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 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 system
7. 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.com
5. http://www.businessweek.com/technology

Algorithms and Programming

Credits: 5 credits (B subject)

Required background knowledge: calculus, computer science

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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.

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 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 security
7. 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

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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/

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 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 Law
4. Organisation of work safety
5. Internal supervision of working environment
6. Risk factors or working environment.
7. Preventive measures for mitigation (elimination) of risk factors.
8. National civil defence system
9. Possible catastrophes/ accidents in the country
10. 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.).

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 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 correspondence
4. 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, 1997
13. Dwyer J. The Business Communication Handbook. Prentice Hall, Australia, 2000
14. Lewis R. When Cultures Collide. N. Brealey Publishing, London, 2001
15. Trompenaars F. Riding the Waves of Culture, Understanding Cultural

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 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.

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 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 market
4. Development of pricing strategy in the financial institutions.
5. Financial services distribution channels.
6. Integrated strategy of marketing communication in banks
7. 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. 1136
8. 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 Culture

1. Introduction into theory of culture.
2. Society and culture of the ancient East
3. 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 culture

1. 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 Management
Credits: 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 company
5. 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, 2000
2. J French “You’re in Business”, Addison-Wesley Publ.comp., 1984
3. I.Mackenzie “Financial English”, Language Teaching Publications, 1999
4. P.Emmerson “Business Grammar Builder”, Macmillan, 2002
5. P.Emmerson „Business Grammar Builder“, Macmillian, 2002
6. C.Colin „Unternehmen Deutsch“, Klett Edition Deutsch, 1995
7. I.Schumann „Mittelstufe Deutsch“ Verlag fuer Deutsch, 1996
8. V.Eismann „Wirtschaftskommunikation Deutsch“, Langenscheidt, 2000
9. 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, 2000
2. D.Cotton “Market Leader. Banking and Finance”, Longman, 2000
3. P.Emmerson “Business Builder”, Macmillian/Heinemann, 2000, 1999
4. P.Emmerson “Business Grammar Builder”. 2002
5. M.Foley, D.Hall „Advanced Learners’ Grammar“, Longman, 2003
6. A.Hering “Geschaeftskommunikation”, Max Hueber Verlag, 2000
7. A.Buscha „Geschaeftskommunikation“, Max Hueber Verlag, 1999
8. Grill, Perczynski „Wirtschaftslehre des Kreditwesens“, Verlag Gehlen, 1993
9. W.Rug „Grammatik mit Sinn und Verstand“, Verlag Klett Edition Deutsch,
1997
10. 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, 1999
2. D.Cotton “Business Class”, Nelson, 1997
3. A.Ashley “A Handbook of Commercial Correspondence”, Oxford
University Press, 1999
4. M.McCarthy, F.O’Dell “English Vocabulary in Use”(Advanced), CUP,
2002
5. T.Tweeney “English for Business Communication”, CUP, 2000
6. A.Hering “Geschaeftskommunikation”, Max Hueber Verlag, 2000
7. A.Buscha „Geschaeftskommunikation“, Max Hueber Verlag, 1999
8. Grill, Perczynski „Wirtschaftslehre des Kreditwesens“, Verlag Gehlen, 1993
9. 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 topics
II. 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, 1997
2. R.Murphy „Grammar in Use”, Cambridge University Press, 1999
3. H.Aufderstrasse “Themen neu 1, 2, 3”, Max Hueber Verlag, 1996
4. H.Funk „Eurolingua Deutsch 1, 2, 3“, Zvaigzne, 1999
5. 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
Credits: 2 credits (A subject)
Required background knowledge: economics of entrepreneurship, financial
accounting I and II, finances I, financial
system, law
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
 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. Pelšs 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 I
Credits:
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 capital
5. 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 I
Credits:
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%

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 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.

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 Financial Accounting II
Credits:
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.

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 Financial Accounting III
Credits:
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 accounting
3. 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 institutions
7. 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.)
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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.

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 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 System
Credits:
10 credits (A subject)
Required background knowledge: Economics of entrepreneurship,
microeconomics, macroeconomics, finance,
basic knowledge of insurance, company
management, law

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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.).
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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”. FCIB
11. 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.

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 Financial Management
Credits: 2 credits (A subject)

Required background knowledge: management accounting,

financial accounting 1, financial analysis
microeconomics, macroeconomics
corporate management and organisation
economics 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%

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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 company
5.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.

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