Study programs in English

• To provide students comprehensive knowledge in the selected specialisation, to build competences of a functional leader in accordance with the selected specialisation and the requirements formulated by the labour market;
• To ensure improvement and development of the content of the study programme, the study process, scientific research work in accordance with current development trends and needs of the national economy;
• To promote interest of students in further professional improvement, supplementing of academic knowledge and further studies, to develop research work skills and promote their use;
• To arouse interest of students in the processes ongoing in society, to stimulate development of students into a positive, modern, responsible, ethical person capable of acting, who is able to act and adopt decisions independently;
• To develop research work of academic staff and students and practical use of the obtained results in business management;
• To stimulate development of students into a positive, modern, socially responsible person capable of acting, who is able to act independently and adopt decisions independently;
• To promote international mobility and involvement of students in scientific research work, including in different projects.

• Are able to analyse the business environment, to prepare reviews on factors of the external and internal environment, to justify them using quantitative methods;
• Are able to develop development plans for an organisation or an organisational unit, to set goals in accordance with the strategy and policy of the organisation;
• Are able to identify the resources necessary for the achievement of goals, to determine risks;
• Understand the impact of the structure of the organisation for the achievement of set goals and are able to offer suggestions to increase the efficiency of internal processes;
• Are able to lead an organisational unit in a functional area, reach the set goals and control use of resources;
• Know the legal regulations of the functional area, are able to comply with the requirements of regulatory enactments;
• Know how to effectively communicate own beliefs, are able to organise and lead communication in a professional environment, observe principles of professional and general ethics;
• Use scientific research methods to justify own opinion, are able to conduct research with added value;
• Understand and are able to use information technology tools for the achievement of goals of the organisation;
• Are able to freely communicate in the professional environment at least in one foreign language.

• To provide competitive education in the field of organization and management of international economic relations in line with the Bachelor level, the occupational standard and the international requirements;
• To provide students with comprehensive knowledge, to develop analytical thinking, to develop skills and competences, as well as to promote practical work skills, preparing students for the labour market;
• To ensure the development and improvement of the content of the study program, the study process, as well as scientific research work in accordance with international internship and the latest software, scientific and technological discoveries and innovative methods;
• To stimulate students’ interest in further professional development and improvement of their academic knowledge, to continue their studies at the Master level, to improve their qualification, as well as to develop interest in research work and to promote the use of these skills;
• To stimulate students’ interest in the processes taking place in the community, as well as to promote the development of ethical and socially responsible personalities.

• Ability to analyze and evaluate the international political, economic, social and legal environment;
• Ability to organize and manage international relations in organizations, including state and municipal institutions;
• Ability to organize and manage international relations in international organizations;
• Ability to provide intercultural communication in the international environment;
• Ability to manage the organization’s international communications unit;
• Ability to manage and coordinate international business plans and international projects;
• Ability to identify and evaluate opportunities for the development of organizations in an international environment;
• Ability to cooperate with national and international participants;
• Ability to represent organization’s interests in the international environment.

• To provide competitive education in entrepreneurship and management that corresponds to Bachelor’s level studies and meets international standards;
• To provide comprehensive theoretical and practical knowledge, developing students’ skills in accordance with the requirements set by the labor market;
• To develop awareness of the complex nature of socioeconomic processes and to teach students to use the knowledge acquired in solving various socio-economic problems;
• To develop students’ analytical skills and to ensure they acquire scientific research skills and develop the ability to formulate problems and find solutions;
• To promote students’ interest in advancing their knowledge, improving their professional skills and continuing their education at master study programs.

• To demonstrate the knowledge of fundamental theories necessary to ensure the efficient management of an enterprise;
• To develop understanding of the basic performance indicators of an enterprise;
• To develop understanding of the impact of enterprise internal environment and external factors on business performance;
• To put forward economically substantiated and socially responsible proposals to improve the performance of an enterprise;
• To identify stakeholders involved in the operation of an enterprise, to determine their interests, to set certain goals and objectives, to plan and implement activities in order to achieve the goals;
• To independently use modern information technologies to resolve the issues related to entrepreneurship and management;
• To independently acquire, select and analyse the information, to apply scientific research methods;
• To demonstrate the knowledge of management terminology in the Latvian and foreign languages;
• To engage in argumentative discussions on business issues in the Latvian and foreign languages with specialists and other parties involved in entrepreneurship and management.

• to provide students with an opportunity to acquire a degree in the field of economics; to foster students’ interest in further development and to form a foundation for continuing their studies at Master study programs;
• to ensure the development and improvement of the curriculum of the study program, the study process and research work in accordance with the economic changes at the national and international level, as well as in science and didactics;
• to organize the study process with an aim to develop students’ knowledge, foster their mental development, promote application of their intellectual abilities and competencies in the study process and further practical work;
• to develop competencies in accordance with the labour market requirements, to promote interest in further learning and development, enhancing academic knowledge and professional competencies;
• to develop skills necessary to ensure students’ ability to work successfully and in accordance with the best standards at state institutions and economic enterprises in various industries, including the ability to obtain, compile, analyse and use information, the ability to make decisions and act in a socially responsible environment, etc.;
• to foster students’ understanding of various economic processes in the national economy and provide them with the required knowledge in the relevant sphere;
• to promote students’ interest in the social processes, to enable them to develop into positive, modern, responsible and fully capable individuals, who can act independently and make independent decisions;
• to foster and develop international exchange of the academic staff and students, as well as their participation in various projects.

• to understand the economic theory, assess the current situation and problems in the national economy;
• to define and apply various alternative solutions to the use of financial resources;
• to demonstrate their understanding of the structure and main directions of the European Union policy;
• to show their understanding of the operating principles and economic performance of enterprises, government or non-governmental institutions;
• to collect, process, analyse and apply information;
• to use information technologies in the solution of specific economic issues;
• to carry out research on economic development issues, interpret and analyse the results;
• to properly elaborate and present projects related to economic issues;
• to apply the knowledge acquired during the studies in various life and business situations, working in a team or individually thus ensuring their competitiveness in the labour market.

• To provide students with a wide range of professional, practicaloriented education, enabling them to easily adapt to the labor market, perform research and continue education at Doctoral studies;
• To provide students with a Bachelor academic degree of social sciences, with theoretical and practical training appropriate to the fifth level of professional qualifications, enabling them to obtain the qualification of an estate appraiser;
• To enable students obtaining the qualification directly related to their future work, to provide opportunities for acquiring theoretical knowledge and skills that would allow graduates to start practical activities upon completion of the program;
• To ensure acquisition of modern general knowledge, to develop economic thinking, to promote analytical capacities of students, to develop skills in addressing professional issues and tasks, developing projects that allow graduates to engage in solution of the national economy issues;
• To develop the teamwork capabilities for cooperating with professionals from different fields, to provide an opportunity to develop foreign language skills that would ensure the ability to cooperate with foreign counterparts.

• To demonstrate knowledge and understanding of general and specific trends of development in construction and real estate;
• To demonstrate knowledge and understanding of the factors that influence the value of real estate;
• To demonstrate understanding of causes of the processes taking place on the construction and real estate market and to be able to assess the potential consequences;
• To demonstrate knowledge of management methods in the construction and real estate sector;
• To demonstrate understanding of the impact of legislation on macroeconomic processes and the market for construction and real estate;
• To demonstrate understanding of the environmental impact of construction and real estate transactions in the short- and long-term perspective;
• To assess different social and political processes and forecast their impact on construction and real estate businesses;
• To ensure effective communication and contact with customers in a commercial company by using management methods;
• To develop and present real estate investment projects in a qualified way;
• To use different valuation and improvement methods for real estate;
• To respect ethical and cultural principles in real estate transactions;
• To use modern information technologies when operating in the construction and real estate sector; 
• To be able to create the required information flow for the optimal management decision-making;
• To be able to use real estate improvement methods for the purpose of increasing its value;
• To identify and use a variety of alternative solutions for the use of real estate;
• To use real estate economic regularities in decision-making;

• Responsibly and independently carry out the duties of the profession of construction cost estimator in accordance with the laws and regulations of the Republic of Latvia and the legal norms of the European Union.
• optimize the planning and rational use of financing and material resources, be able to evaluate economic factors and decide on the most favorable option in the given situation.
• know the supply, suitability and cost of construction materials, construction technologies, know the cost of construction work, materials, their formation.
• Understand the factors affecting the price of a construction product, determine the nature and trends of its changes in order to develop the necessary forecasts for the construction product price.
• to understand structural solutions of structures, basic principles of design of load-bearing and enclosing structures, solutions of engineering communications, solutions of special structures and basics of construction.
• develop a calculation of the cost of a construction product on the basis of a list of construction projects and the scope of construction works attached thereto and a specification of the construction project.
• be familiar with macroeconomic processes, construction business economics, real estate management and management processes, know the influencing factors and choose the most effective solution methods.
• prepare documentation for the procurement of construction works, incl. Tender regulations, prepare a tender for the procurement of construction works.
• explain and justify any item of expenditure included in the estimate.

• To use methods of valuation of economic activities for commercial companies operating in the field of valuation of different types of property;
• To use the quantitative and qualitative management methods for the development and adoption of management decisions;
• To use real estate improvement methods for the purpose of increasing its value;
• To use valuation, management, psychological, economic and other methods;
• To ensure effective communication and interaction with employees an customers of a commercial company by using different management methods.

• to improve students’ professional skills and abilities;
• to develop analytical skills and stimulate interest in the processes, which take place in the society by analyzing the economic situation of the country and trends of particular sectors, searching for connections, and evaluating the situation in the enterprise, the national economy in general and various fields of management;
• to develop research competence by elaborating Master Thesis and course papers;
• to develop ability to identify problems and solve them, to formulate goals by offering practical and innovative solutions to particular problems in Master Thesis and study courses;
• as a result of the study process, to develop students’ intelligence, to promote their mental development, to promote the use of intellectual abilities in the study process and further in their practical activities.

• is able to define organizational goals and strategy, are able to plan, organize and manage effective and efficient functioning of the organization in the longterm interests of all stakeholders (state, owners, society, etc.) by applying the acquired business management competencies;
• understands the nature and importance of innovation, are able to integrate innovation into business;
• is able to lead new product development by combining theoretical knowledge and practical competencies;
• is able to lead a team of employees in a dynamic business environment, work in teams, and work individually using their knowledge and leadership skills;
• is able to represent the interests of the organization and co-operate with other companies, organizations, institutions, including municipalities and state institutions in the national and international environment;
• is able to argue and explain his/her opinion, discuss professional issues;
• is able to apply research methods, implement creativity and research in the field of management;
• is able to start and run a business.

• to provide students with broad knowledge of business finance management and related fields to enable them to make financial decisions in today's changing business environment;
• to provide such a study process organization which promotes students’ research competence in company’s financial management and financial asset management, considering problems from different perspectives;
• to promote students' skills to work in:
• companies of real economic sector to manage financial resources and b) financial services for asset management, observing the norms of business ethics and principles of corporate social responsibility;
• to promote through different contexts students' skills to: learn independently; think critically, analytically and creatively; use new digital technologies; speak and reason based on scientific arguments and sound judgement; solve problems individually and in cooperation with colleagues;
• to promote students' ability to reflect on their own performance in order to self- manage professional development, broaden career choices and be prepared for further studies and research in doctoral programs.

• analyze the business environment in which organizations operate and its impact on strategic and operational decision-making at national and international level, basing their decisions on the understanding of economics, management and financial management concepts and theories, including the financial market processes;
• apply methods of: a) financial management of companies and b) acquisition and interpretation of financial and business information for making ethical financial decisions with minimal risks based on innovative solutions;
• to apply the fundamental and technical analysis of the equity stock market, as well as to evaluate the company's capital for investment decision making and portfolio formation;
• develop solutions to business financial problems using appropriate theoretical models, frameworks, and decision-making support techniques;
• study, formulate, ground and critically analyse complex scientific and professional problems, prepare a report, discuss research results and write scientific publications;
• use and critically evaluate new information and knowledge applying quantitative and qualitative methods to solve business and financial problems;
• to develop their knowledge and skills to: think critically; express their thoughts logically; identify new opportunities; use new digital technologies and solve problems creatively working individually or in groups;
• reflect on their performance and make grounded decisions.

• To ensure competetive education in entrepreneurship and management relevant for the Master study level and the international standards;
• To provide students with profound knowledge of company management processes, theoretical findings of business and management;
• To develop abilities of students to perform research independently and address business and management challenges creatively;
• To develop up-to-date thinking of students, covering both theoretical and practical issues of management in solution of complex tasks.

• Able to demonstrate profound knowledge and understanding of management processes at companies and theoretical findings of business management used for research and further development of theories.
• Able to demonstrate knowledge and skills in addressing cross-disciplinary business management issues, covering economic and sustainable methods and techniques in the functioning of an enterprise as a complex system.
• Able to use methods of the business management theory independently an creatively and to adapt and integrate the knowledge and practical tools from different areas to address management challenges.
• Able to explain and discuss complex and systemic issues in the business management sub-sector with specialists and all stakeholders.
• Able to independently plan and organize scientific research and projects in the field of business management and innovation.
• Able to demonstrate the awareness of ethical responsibility, the potential impact of scientific outcomes and professional activity on the society and the environment.
• Able to independently formulate, critically analyse and present complex scientific and professional issues, as well as to work together in teams.
• Able to analyze their competences independently and plan their development in the field of business management.

• To provide competitive education at international level in the fields of organization, management or logistics of international business and transport economics in line with the requirements of the master's level, profession standard qualification and international standards;
• To provide students with comprehensive knowledge, to develop analytical thinking, to develop skills and competences, as well as to promote practical work skills, preparing students for the labour market;
• To ensure the development and improvement of the content of the study program, the study process as well as the scientific research work in accordance with international practice and the latest software, scientific and technological discoveries and innovative methods;
• To stimulate students' interest in further professional development and improvement of academic knowledge, to continue their studies at Doctoral level, in-service training, as well as to develop interest in research work and to promote the use of these skills;
• To encourage cooperation between students and academic staff in the field of scientific research, the practical application of the results of the research both in the study process and in practice, and to encourage international mobility and participation in local and international projects;
• To stimulate students' interest in social processes and to develop ethical and socially responsible personalities.

• Able to develop an international strategy for the organisation's needs in the field of international communications, logistics or transport organization;
• Able to use information rationally and solve problems of management of a unit or organization;
• Able to independently develop and manage international cooperation projects;
• Able to work individually and in a team, using his / her knowledge and skills, and is able to take responsibility for the results of his / her work and the decisions made;
• Able to represent the interests of the organization in cooperation with other companies, institutions or organizations;
• Able to apply both local and international laws and regulations within their competence;
• Able to use professional terminology in the official language and foreign language;
• Able to carry out independent research with scientific and practical value in the field of international economic relations management, logistics or transportation, to defend and present his / her opinion in a reasoned way.

• to develop skills necessary for conducting scientific research in the field of economics and to enable students to obtain academic Master’s degree in economics;
• to organize the study process with the aim to develop students’ knowledge and competences, to promote their use in the study process and in further
• practical work;
• to organize the studies so that the program graduates will have sufficient academic research skills necessary to evaluate the sectors of national economy;
• to foster students’ analytical skills, to promote acquisition and development of scientific research skills;
• to create the necessary preconditions for educating and training competitive economic analysts for the Latvian and international labor market;
• to develop students’ ability to apply knowledge and skills in practice in order to address complex economic problems related to micro- and macroeconomics, econometrics, environmental economics and marketing;
• to develop students’ ability to formulate aims and tasks, to take socially and ethically responsible decisions in relation to the ongoing economic processes in the world;
• to promote students’ interest in the processes of society, to enable students to become positive, modern, responsible and capable individuals, who can act independently and make autonomous decisions;
• to provide students with an opportunity to continue their education at the Doctoral study programs after receiving the Master’s degree;
• to promote students’ interest in pedagogical work.

• ability to demonstrate an understanding of the economic and business concepts, functioning regularities and scientific theories of economics;
• ability to analyze economic and political processes and their impact on the sustainable development of the country;
• ability to formulate aims and tasks, to take socially and ethically responsible decisions in relation to the ongoing economic processes in the world;
• ability to carry out scientific research on economic development issues, to interpret and analyze the results;
• ability to demonstrate knowledge and competences of using modern information technologies for the economic analysis of the sectors of national economy and enterprises;
• graduates are positive, modern, responsible and capable individuals, who can act independently and make autonomous decisions and are interested in the ongoing processes in society;
• ability to apply their knowledge to a variety of life situations, working in a team or individually;
• ability to engage in pedagogical work and continue their education at the Doctoral study programs.

• provide competitive education in industrial engineering and management, providing students with comprehensive knowledge and developing competencies relevant to the labor market, while fostering interest in further education and training to enhance academic and professional knowledge;
• stimulate students' interest in the processes taking place in society to promote their development of into a positive, up-to-date, responsible and capable personalities who are able to critically assess situations and make independent, informed decisions;
• promote research and practical applications of the results obtained within organizations;
• facilitate cooperation between academic staff, students, and program administrators for the continuous improvement of the study process and the conduct of scientific research;
• promote international mobility of students and academic staff, promote participation in projects, ensure a study process in line with international standards, attracting domestic and foreign faculty and professionals.

• use independently acquired theories and methods, integrate knowledge of various fields, contribute to the creation of new knowledge by developing innovative approaches in the management of industrial systems, and development of research or professional methods;
• understand and participate in the design and development of complex engineering systems;
• manage industrial systems, analyze and evaluate system efficiency and cost-effectiveness, implement engineering systems management and development techniques to facilitate continuous improvement of their operational efficiency;
• plan and execute industrial management projects, initiate and manage system improvement processes, identify staff competencies and credentials, contributing to the development of new development solutions;
• contribute to the development strategy of the organization by identifying and evaluating key performance indicators;
• determine the potential environmental and social impacts of the operation of complex engineering systems, and monitor systems for compliance with regulatory requirements and applicable standards;
• independently promote the development of their competencies and specialization, take responsibility for the results of the work of personnel groups and analyse them;
• analyze and interpret research results, prepare and present reports and publications, discuss industrial system developments, integrated and efficient management of production units;
• the program concludes with a final examination, which consists of defending a Master's thesis with an industrial orientation, which proves that the student has done independent research, made science-based conclusions or developed research-based creative work.

• To master the latest theoretical concepts, fundamental principles, research methodologies and research methods in the selected field of science. To carry out a research on the selected topic using modern state-of-the-art methods of analysis and data processing.
• To develop analytical, creative and critical thinking, abilities to address problems in an innovative way. To be able to present research results at international scientific conferences and seminars, to be able to prepare and publish scientific articles on research results. 
• To develop leadership and change management abilities, ability to work in a team and cooperate with professionals from different areas. 
• To develop pedagogical skills by independently developing study courses and reading academic lectures, supervising bachelor’s, master’s papers, diploma projects, placement.

• a completed doctoral thesis has been independently drafted, which has significant theoretical relevance and practical use prospects and contains original research results, and provides new insights into the relevant field or sub-field of science;
• competences relevant to the level of international achievements of the relevant field of science, enabling to start independent professional, scientific or academic activities.

Competences:

•  Capable of resolving important research or innovation tasks in the fields of social sciences and interdisciplinary fields through independent, critical analysis, synthesis and evaluation;
• Capable of independently proposing an idea for research, planning, structuring and managing large-scale scientific projects in business and economics, including international projects;
• Capable of demonstrating that they know and understand latest social science theories and scientific insights, can use state-of-the-art research methods and methodologies relevant to social sciences;
• Capable of resolving important research or innovation tasks, developing new research methods and methodologies through independent, critical analysis, synthesis and evaluation;
• Capable of independently analysing the obtained results and drawing respective conclusions;
• Capable of independently planning a research, managing research or development tasks in organisations requiring extensive research knowledge and skills;
• Capable of analytical and critical evaluation of the material being studied, integrating theoretical knowledge into the research process, exposing problems, generating and developing new ideas;
• Capable of increasing own scientific qualification independently, carrying out scientific projects, gaining achievements that correspond to international criteria in economics and business;
• Capable of communicating independently in writing, demonstrating understanding of existing knowledge and its use in practice, including by preparing and publishing internationally quoted scientific articles and publications.