Latvijas Republikas - aiknc

The decision of the educational institution's personnel collegial management and ...... For the academic year 2003/04 there were 57 students registered in the ..... Optimization of Inventory Control Systems under Uncertainty., The 6th World ..... with consultant company from Finland ?Trans-Mond Environment?) (J.Benders);.


un extrait du document



ter Study Program “International Business”
Code of Study Program
473412
Duration of Study Program

and Amount
4 semesters full-time, 5 semesters part-time studies
80 credit pointsRequirements for Starting the Study Programprofessional bachelor degree, higher professional education in sub-programs of both management and economics and at least 2 year professional experience in business or professional managerial skills,
academic bachelor degree in sub-programs of both management and economics and at least 2 year professional experience in business or professional managerial skills (an elaborated report on professional activities has to be submitted),
Degree and Qualification to be obtainedProfessional Master Degree in Business Administration,
Qualification - Manager of Undertakings and InstitutionsLocation of Study Program’s Realization and Form of Study Program’s RealizationFaculty of Economics and Management, University of Latvia, full- or part-time studies
Name, Surname and Position of the Person who has been authorized by the Higher Education Institution to administer the Question concerned with LicensingProf. Baiba `avriFa, Director of Study Program
Dean of the Faculty of Economics and Management,
University of Latvia prof.E.Vasermanis

Director of the Professional Master Study Program prof.B.`avriFa

Contents


1. The decision of the educational institution s personnel collegial management and decision making body regarding the commencement of the implementation of the programme …….3

2. License of the study programme......................................................................................... 3

3. Opportunities for the students to pursue other study programmes in the case of the termination of the programme …............................................................................................. 3

4. Description of the study programme and the lecture courses, practical work and seminars therein; indicating separately the core, required optional and free choice parts of the programme, as well as the amount thereof ……................................................................... 3

5. Advertisements and information regarding study possibilities............................................6

6. Prospective evaluation of the study programme from the point of view of the interests of Latvia ……………....................................................................................................................7
6.1. The conformity of the study programme to the standards of academic education or for the standard of the profession and for the standard of higher professional education ............ 7
6.2. Results of the employers’ survey ................................................................................... 9

7. Evaluation of the study programme.....................................................................................10
Programme annotation ……………….. ................................................................................ 10
7.1. Goals and tasks of the study programme........................................................................ 11
7.2. Organisation of the study programme............................................................................ 11
7.2.1. General description of the study programme.......................................................... 11
7.2.2. Matriculation conditions of entry............................................................................ 12
7.2.3. Description of the content of the study programme............................................... 13
7.2.4. Quality guarantee of the study programme............................................................. 14
7.3. Practical implementation of the study programme......................................................... 15
7.4. System of evaluation...................................................................................................... 16
7.5. Students...........................................................................................................................16
7.5.1. Number of students in the programme.................................................................... 16
7.5.2. Number of first year students.................................................................................. 17
7.5.3. Surveys of the students and analysis of the results.................................................. 17
7.5.4. Student participation in the improvement of the study process………................... 18
7.6. Teaching staff of the study programme …..................................................................... 18
7.6.1. Number of teaching staff.......................................................................................... 18
7.6.2 Conformity of the qualifications of the teaching staff for the implementation of the goals and tasks of the department............................................................................................ 20
7.6.3. Policy for the recruitment, renewal, training and development of the teaching staff........................................................................................................................................... 23
7.7. Sources of funding and securing of infrastructure......................................................... 24
7.8. External Co-operation......................................................................................................25
7.8.1. Links to employers....................................................................................................25
7.8.2. Co-operation with similar programmes inside and outside of Latvia …..................26
7.8.3. Teaching Staff who have worked in foreign educational institutions or have conducted scientific or research projects in foreign states …................................................. 32
7.8.4. Number of guest lecturers from foreign states in the programme........................... 35
7.8.5. Participating students who have studied abroad within the scope of exchange programmes .............................................................................................................................36

8. Development plan of the study programme.........................................................................37

Annexes..................................................................................................................................39
Annex No.1. Content of the professional Masters study programme “International Business”..................................................................................................................................40
Annex No. 2. Course descriptions..................................................................................... 43
Annex No. 3. List of teaching staff................................................................................... 92
Annex No. 4. Programme faculty CVs.............................................................................. 95
Annex No. 5. Internship Regulations …..........................................................................122
Annex No. 6. Internship Letter of Intent .........................................................................125
Annex No. 7. Samples of internship forms ……..............................................................136
Annex No. 8. Methodological instructions for development of the Master thesis for the professional MBA programme “International Business”......................................................140
Annex No. 9. Additional requirements for individuals without a pre-existing economic education................................................................................................................................149
Annex No. 10. Costs table of the programme..................................................................151
Annex No. 11. Employer survey questionnaire and the results thereof …......................153
Annex No. 12. Student questionnaire and the results thereof .........................................164
Annex No. 13. Student questionnaire regarding the study courses and the results thereof ................................................................................................................................................171
Annex No. 14. Profession standard..................................................................................176
Annex No. 15. European professional MBA programme Guidelines (European Quality Link (EQUAL))......................................................................................................................182
Annex No. 16. Similar programmes in other universities …….......................................184
Annex No. 17. References................................................................................................229
Annex No. 18. Advertisements and informative publications …….................................242


























1. The decision of the educational institution’s personnel collegial management and decision-making body regarding the commencement of the implementation of the programme

The professional MBA programme “International Business” of the University of Latvia (LU) was initiated with Resolution No. 55 of 25 February 2002 of the LU Senate. A copy of the Resolution is attached.

2. License of the study programme

The professional MBA programme “International Business” received its license on 4 July 2002 – License No. 04047-7. A copy of the license is attached.

3. Opportunities for the students to pursue other study programmes in the case of the termination of the programme

In the case of termination of the programme, students shall be enrolled in the academic MBA programme of LU Faculty of Economics and Management with specialisation in “International Economics and Business”. The resolution of the Faculty Council is attached.

4. Description of the study programme and the lecture courses, practical work and seminars therein; indicating separately the core, required optional and free choice parts of the programme, as well as the amount thereof

In the development of the professional MBA programme “International Business”, the following have been taken into account:

Republic of Latvia Cabinet Regulation No. 442 of 16 October 2001, “Higher Education Institution and Study Programme Accreditation Regulations”
Republic of Latvia Cabinet Regulation No. 481 of 20 November 2001, “Regulations regarding Second Level Professional Higher Education Standard”
Profession standard “Manager of Undertakings and Institutions” approved by the Republic of Latvia Ministry of Education and Science, Order No. 283 of 16 May 2002
European MBA Guidelines (European Quality Link (EQUAL))
Experience of foreign universities

Paragraph 18 of the Republic of Latvia Cabinet Regulation No. 481 of 20 November 2001, “Regulations regarding Second Level Professional Higher Education Standard” prescribes the requirements for the mandatory content for a Masters programme and Paragraph 25 – the mandatory content for a professional programme. The following table compares the Regulations referred to and the LU professional MBA programme “International business”:


Sub-para-graphsRequirements of the Cabinet Regulations Minimal amount of units LU professional MBA programme “International business”Number of units for the “Interna-tional business” programmeFor a Masters programme18.1Study courses that ensure the adoption of the newest achievements of the field both in theory and in practice 7- Business Law
- International management under global competition
- International Financial Business Environment
- International Business Law
- International Marketing
- Multinational Enterprises and the Global Economy1418.2Research work, creative work, project tasks and management study courses 5- International Business Economics
- Managerial Accounting
- Financial Management and Accounting
- Management Information Systems
- International Business Analysis
- Environment and Quality Management Systems
- Quantitative Methods of Decision Making 1218.3Pedagogic and psychological study courses 2-International Marketing Communication
-Negotiating in the Cross-cultural Business Environment
- Consumer Psychology and Behaviour in International Business
- Personnel Management 818.4Internship 6Internship2618.5Masters thesis 20Masters thesis 20For a professional programme 25.1.Theoretical and professional specialisation courses of the field 4Theoretical and professional specialisation courses of the field3425.2.Internship26Internship2625.3.State examination, a part of which is the development and presentation of a Masters thesis 10Masters thesis20
As can be seen from the above, the professional MBA programme “International business” conforms to the standards of professional higher education.

A comparison with the European MBA Guidelines (European Quality Link (EQUAL)) (the guidelines can be seen in full in Annex No. 15):


European MBA Guidelines (European Quality Link (EQUAL))LU professional MBA programme “International business”2 or 3 years work experience is required2 years work experience is requiredManagementAccounting- Managerial accounting
- Financial management and accounting
Finance- Financial management and accounting
- International financial business environment
Marketing and sales- International marketing
- International marketing communication
- Consumer psychology and behaviour in international business Operations management- International management under global competition
- Negotiating in the cross-cultural business environmentManagement of information systems - Management information systems Law- Business law
- International business lawHuman resource management - Personnel managementBasic educationEconomics- International business economics Quantitative analysis- Quantitative methods of decision makingIntegrated knowledge Business policy and strategy- International business analysis
- Multinational corporations and the globalisation of economics
- Environment and quality management systems
As can be seen from the above, the requirements of the guidelines have been observed.


The LU professional MBA programme “International business” consists of part A – core courses and part B – elective courses:
LU professional MBA programme “International business”
part A and part B courses

Part A (core courses)Business law4International management under global competition 2International business economics4Managerial accounting 2Consumer psychology and behaviour in international business4Internship26Masters thesis20Total Part A62 credit pointsPart B (elective courses)B1 – mandatory elective coursesInternational financial business environment 2International business law2Financial management and accounting 4Total B18B2 – free choice courses i. International marketing
ii. Management information systems2 iii. International marketing communication
iv. International business analysis2 v. Negotiating in the cross-cultural business environment
vi. Environment and quality management systems2 1) - Quantitative methods of decision making
- Multinational enterprises and the global economy
2) Personnel management4Total B210Total Part B 18 credit pointsPROGRAMME TOTAL80 CREDIT POINTS
An analysis of the programme content may be seen at Sub-paragraph 7.2, but course descriptions are provided in Annex No. 2.

5. Advertisements and information regarding study possibilities
Information regarding the study programme is placed in the Informative System of the University of Latvia. In addition, the Faculty of Economics and Management in 2002 for the first time organised an open house for prospective students of Master study programmes. There was particular interest during the open house regarding 2 Master study programmes – the “International business” programme, which is under consideration, and regarding the programme of “Public Administration”. An informative leaflet regarding the programme was prepared for this event. The leaflet and other informative materials can be found in Annex No. 18.

6. Prospective evaluation of the study programme
from the point of view of the interests of Latvia

While consistently implementing a market economy and integration into the European Union, it is important to ensure the education of highly qualified specialists in business and public administration. The “Information society and knowledge based national economy” is also one of the priorities of the present government of E. Repše. The long-term economic development strategy of Latvia defines the possibility of establishing a new economy in Latvia. The 2003 Development Plan prepared by the Cabinet also provides, as a necessity, that the competitiveness of undertakings be facilitated, thus also establishing the need for the development of human resources with the assistance of education and further education. The international business environment is under constant change and requires ceaseless adaptation to new circumstances, which in turn requires specialists of an appropriate level.

6.1. The conformity of the study programme to the standards of academic education or for the standard of the profession and for the standard of higher professional education

The Republic of Latvia Ministry of Education and Science approved profession standard, “Manager of Undertakings and Institutions”, Order No. 283 of 16 May 2002. The standard prescribes duties of a manager, a description of tasks, and the required skills and knowledge are indicated. The following table indicates the conformity of the study programme to the standard:
Knowledge requirements referred to in the profession standard The study courses offered by the LU professional MBA programme “International business”
The essential functional spheres of commercial activity Marketing management - International marketing
- International marketing communication
- Consumer psychology and behaviour in international businessFinancial management, financial and managerial accounting - International financial business environment
- Managerial accounting
- Financial management and accounting Personnel management and managerial psychology, employment legal relations- Personnel management
- Business lawProduction/service organization, logistics, management information systems, quality system management, labour protection - International management under global competition
- International business economics
- Management information systems
- Environment and quality management systems
- Multinational enterprises and the global economy
- Business lawCommercial activity legislation- Business law
- International business lawKnowledge that ensures understanding and adoption of theoretical knowledge of economics and management Economic theoryInternational business economicsMathematical methods of economicsQuantitative methods of decision makingIntegrative knowledge and skills Strategic management- International management under global competition
- International business analysisInternational commercial activity environment - International management under global competition
- International financial business environment
- Negotiating in the cross-cultural business environmentGeneral knowledge and skillsOfficial State languageStudies are conducted in the official State language Foreign language- Knowledge of English is a mandatory prerequisite for enrolment
- Guest lecturers read lectures in English Communication skills - International marketing communication
- Negotiating in the cross-cultural business environment
- Consumer psychology and behaviour in international business
As can be seen from the above, the programme conforms also to the Profession standard.

6.2. Results of the employers’ survey

Co-operation with employers is being followed up throughout the existence of the programme. In respect of co-operation with employers, see Clause 7.8.1 for detailed information. Among the staff employed by the programme, 64% are professionals who ensure the flexibility of the programme’s content. For employers’ comments, see Annex No. 17. Furthermore, the employers of the second year students were surveyed. The employer survey questionnaire and analysis of the results are attached in Annex No. 11.








































7. EVALUATION
OF THE PROFESSIONAL MBA STUDY PROGRAMME
“INTERNATIONAL BUSINESS”


Annotation of The Programme

The professional MBA study programme “International business” was established in conformity with the State second level professional higher education standard and its strategic goals – to educate highly professional qualified specialists for the national economy and for the sectors that ensure national security, to promote competitiveness in conditions of constant social and economic change and in the international labour market, as well as to satisfy the requirements of the professional Masters programme of the University of Latvia. The programme is oriented towards the preparation of higher-level managers in any sphere of activity, and all the necessary preconditions for a successful career in international business are created for anyone who has successfully completed the programme. The graduates of the programme receive the qualification of “Manager of Undertakings and Institutions” (Republic of Latvia Profession classifier’s first basic group, subgroup No. 12, small group No. 121, and separate group No. 1210).
The professional Masters programme of International Business operates as a continuous form of education, as deepened theoretical and practical studies for individuals with a professional and academic Bachelors degree or for the graduates of professional study programmes of higher education. Experience in business for at least 2 years is required.

The professional Masters degree will be granted as a result of meeting the requirements of the study programme – presentations of internship report and the Masters thesis. The Masters thesis has to be an original work of a research nature or a specific project about problematic issues in the international business.

Teaching staff who in their primary employment are engaged in practical international business and international economic relations, as well as academic teaching staff and guest lecturers ensure the implementation of the programme.
The programme has been developed in co-operation with several foreign partner universities that have experience in the implementation of similar professional Masters study programmes. The particular nature of the development of Latvian business and the great need in qualified specialists in international business while integrating into the global market have been taken into account during the development of the programme. The programme is one of the first professional Masters programmes in Latvia that satisfy such requirements.
7.1. GOALS AND TASKS OF THE STUDY PROGRAMME


The professional MBA programme “International Business” (License No. 04047-7 –issued on 4 July 2002) commenced at the University of Latvia Faculty of Economics and Management in academic year 2002/03.
The Masters programme has been developed in accordance with the requirements of the Latvian Education law, the Law on Higher Education and other regulatory enactments of the Republic of Latvia.
The implementation goal of the programme
The goal of the programme is to provide the necessary new skills and to raise the ‘know-how’ level in business skills so that managers are able to successfully manage an institution or a company, to expand businesses by establishing new undertakings or consultancy firms in contemporary circumstances of ever changing international economics and organizational practices.

The implementation tasks of the programme

The tasks of the professional MBA programme’s “International Business” are as follows:
to provide students broad range of knowledge, ability to think creatively and critically, to see international business in the complexity of the globalization, integration and rapid change context
to ensure an appropriate qualification for long term competitiveness in the making of a future career in the circumstances of the new economy
to ensure that the acquired knowledge allows understanding and further analysis of undertakings as elements in the international business environment, to understand the links between the undertaking and the environment and the role of managers in the formation of such links
to ensure the practical use of the acquired knowledge by engaging students in resolving specific practical tasks in order to facilitate the development of professional competence

7.2. ORGANISATION OF THE STUDY PROGRAMME

7.2.1. GENERAL DESCRIPTION OF THE STUDY PROGRAMME

The professional MBA programme “International Business” is designed for full or half time studies. The programme has been implemented in the form of full time studies since the academic year 2002/03 for individuals who have gained a professional or academic education in fields of economics or management and who have at least 2 years of practical work experience in business or who have work skills in management positions.

7.2.2. MATRICULATION CONDITIONS OF ENTRY

I. Latvian citizens and permanent residents who have acquired a professional Bachelors degree or higher professional education in one of the fields of business administration or economics with the right to continue Masters studies may become Masters students in the international professional Masters programme. The individual must have at least 2 years of work experience in business or work skills in management positions. The duration of studies is 4 semesters.

II. Graduates of academic Bachelor studies in economics or business administration may enrol in the international professional Masters programme if they have at least 2 years of work experience (in business or work skills in management positions), which is certified by an extensive description of one’s professional activities. The duration of studies is 4 semesters.

III. All applicants for the professional Masters study programme have to complete successfully qualifying examinations, to hand in a report regarding practical work experience in the field of business (an extended CV, where the professional activities and position responsibilities are explained; graduates of academic programmes additionally have to hand in a description of their professional activities) and to be selected in the competition.

An appropriate level of knowledge of English is required, which is sufficient to pursue the programme studies in English. Study or work experience abroad in the selected major is taken into consideration. The Director of the programme develops the matriculation conditions of entry and the Study Programme Council approves them in conformity with the accepted matriculation conditions of entry procedures of the University of Latvia.

In the case of termination of the study programme, the students will be enrolled in the academic MBA programme of LU Faculty of Economics and Management in the “International economics and business” sub-programme.



7.2.3. DESCRIPTION OF THE CONTENT OF THE STUDY PROGRAMME

The study programme is designed for two years of study (4 semesters). The total amount of studies is the equivalent of 80 credit points. Altogether, there are 17 study courses offered.

The structure of the study programme forms 3 thematic blocks: law, finance and accounting, and business economics.

1) The theoretical courses of the field (Part A) amount to 16 credit points: Business law, International management under global competition, International business economics, Managerial accounting, Consumer psychology and behaviour in international business;
2) The professional specialisation courses of the field (Part B) amount to 18 credit points: International financial business environment, International business law, Financial management and accounting, International marketing, Management information systems, International marketing communication, International business analysis, Negotiating in the cross-cultural business environment, Environment and quality management systems, Quantitative methods of decision making, Multinational enterprises and the global economy, Personnel management.
Part A forms 20% of the total amount of programme’s credit points, Part B – 22.5%.

3) The internship amounts to 26 units (32.5%). See Annex No. 5 for the internship regulations. To enrol in the professional Masters programme “International Business”, a mandatory requirement is that an individual has to have at least 2 years of work experience in business or work skills in management positions. An extended CV must be attached wherein the professional activities and position responsibilities are explained. Graduates of academic programmes additionally have to hand in a description of their professional activities.
4) At the end of the study programme, it is required to complete a Masters thesis, which is independent original research or a project. The Master thesis amounts to 20 credit points, which is 25% of the total amount of credit points. To assist, methodological material has been prepared for preparation of the Masters thesis (See Annex No. 8).




7.2.4. QUALITY GUARANTEE OF THE STUDY PROGRAMME

In order to ensure the qualitative functioning of the study programme, an analysis of the activities of the study programme is made on a regular basis. The main measures taken are as follows:
- the developed lecture courses are approved by both meetings of the department and the Council of the Faculty,
- any changes in the study programme are reviewed and approved by the Council of the Directors of Business Administration Study Programmes and by the Council of the Faculty,
- after the end of every study course, students are surveyed in order to find out their opinion about teaching of the course,
- methodological groups work in the department, which are lead by the professors. Practitioners are engaged in lecturing. Methodological seminars are organised in the department in order to improve the lecturing,
- operation of the programme will be analysed annually:
a) at a meeting of the Department of International Economic Relations,
b) in the Council of the Directors of Business Administration Study Programmes, and
c) in the Council of the Faculty,
- every year a self-evaluation report for the programme is prepared.
Since the licence was received, the programme has been analysed twice in the Council of the Directors of Business Administration Study Programmes, once in the Council of the Faculty, meetings of the Department have discussed actual issues, but one Departmental meeting was completely devoted to the analysis of the first year of the programme.
In preparing the programme for licensing, as well as improving the programme, regular co-operation with employers takes place, especially with the Chamber of Trade and Industry of Latvia. Similarly, employers’ opinions are taken into account in improving the study courses. For example, the Confederation of Employers of Latvia has indicated in its reference that it would be necessary to include a general Quality management course. The course was not included in the programme, but the subject is discussed within the framework of 2 practical seminars. Moreover, a new course “Environment and quality management systems” was introduced in the programme; it covers not only quality, but also environmental issues that are so important in the contemporary world.
The structure of the Professional study programme “International Business” conforms to the EU guidelines for the development of similar programmes; it conforms to the specifics of the Faculty (LU Faculty of Economics and Management) and the Department (Department of International Economic Relations).

7.3. PRACTICAL IMPLEMENTATION OF THE STUDY PROGRAMME

Several study methods are used in order to master the study programme. Academic lectures are supplemented with seminars, analysis of examples and cases, and independent studies of literature and documents. The teaching staff involve students in finding solutions for problematic situations and in discussions. Students prepare papers about topics that are relevant for their majors with an emphasis on international specifics (for example, the study course “Negotiating in a cross-cultural business environment” covered also the particularities of specific regions and countries).
Four foreign guest lecturers have already participated in lecturing within the framework of the study programme (2 from the U.S., 1 from the EU – from Italy, 1 from Russia).
In order to extend the programme’s professional orientation, every month there is an additional practical seminar organised to the study courses. A very successful co-operation has evolved with the Latvian Chamber of Trade and Industry whose employees have lead practical seminars about the Chamber and its operations, arbitration issues, problematic of customs and about the use of line code system. The programme’s students have visited the Patent Administration where they obtained insights in not only the Administration’s operations, but also participated in 2 lectures regarding patenting and the necessity to protect intellectual property. One seminar was organised about the WTO and its operations, which demonstrated the WTO’s particular requirements for business (this seminar involved the MBA “International Economics and business” programme’s students who participated in the WTO simulation game in Geneva in 2003).
The internships were organised in order to thematically orientate the students to the investigation of small and medium size business activities. The task of the internship was to research “The development potential and competitiveness of small and medium size businesses in the Latvian and international market”. In order to study 3 small or medium size companies there were several tasks to complete: development of a questionnaire, a SWOT analysis and positioning of the undertaking. Conclusions and proposals for the management of the undertakings were made. Representatives of the undertakings also participated in the presentation of the internship. Negotiations have commenced with the Interdepartmental Research Centre of Developing and Transition-economy Countries (CIRPET) and the Department of Political Economics at the University of Torino (Italy) regarding co-operation in the research of small and medium size businesses. If the co-operation is commenced, then the programme’s students will have a chance to engage in research and internships will be adapted to the themes of such research.
The studies are sufficiently supported by technical resources. Students use the newest Pentium personal computers, a computer with projector and videos are used during lectures. Teaching staff prepares both handouts with the necessary literature for acquisition of the subject and utilise computer-based techniques to send the documentation. Academic materials are also sent by e-mail.

7.4. SYSTEM OF EVALUATION
The knowledge and skills of the students are assessed by the scale of 10 as approved by the University of Latvia (with 1 being the lowest and 10 the highest). Examinations are organised after the completion of all the study courses. If several lecturers have conducted the study course, then after end of each of the parts a midterm examination takes place. For some courses, the final grade is calculated by the average of all the grades received during the semester (for example, seminar grade + midterm examination grade + paper grade). The preparation of individual work, papers and presentations are taken into account. During the first class, the instructors will inform about the system of assessment. An important part of the grade is formed by the practical tasks – for example, development of project applications, research of business culture in the selected countries, research of international corporate strategies etc. Much attention is paid to the improvement of a student’s independent work in order to allow students enter into selected issues in depth by summarizing and presenting the information during the classes. Thus, individual and group teaching methods are utilised.

7.5. STUDENTS
7.5.1. NUMBER OF STUDENTS IN THE PROGRAMME

When the professional MBA programme “International business” was commenced and the licence was received, there were 30 students enrolled in one group and all of them were graduates of academic programmes for 4 semester studies. During the second year of operation, two groups were organised (in total 57 students), students being differentiated on the basis of their educational backgrounds – graduates of academic study programmes and graduates of professional study programmes. Students attend lectures together, but in seminars, they work separately by group. This approach allows a more precise determination of the level of knowledge of the students and to adapt the course content to the needs of each group. During the first year a student with an already pre-existing Masters degree (in law) was enrolled who wanted to obtain a professional degree in international business administration; during the second year of the study programme 3 students enrolled without an educational background in economics. They accomplished the additional requirement of passing at least 40 credit points of courses in economics. Another student with a Masters degree in education was enrolled. Several students without an education in economics have applied for the next academic year – 2003/04 and they have the determination to pass the required courses in economics to the amount of at least 40 credit points, which demonstrates the strong interest in the study programme.

7.5.2. NUMBER OF FIRST YEAR STUDENTS

For the academic year 2003/04 there were 57 students registered in the professional MBA programme “International business” (19 in the group for graduates of professional programmes and 38 in the group for graduates of academic programmes).
During the processing of the applications, the main problems were:
- insufficient information regarding the study programme in the LUIS /LU Information System/ (the programme could be found only knowing its full name by alphabet, i.e. previously knowing of the existence of the programme),
- some applicants could not certify the necessary 2-year practical professional experience.

7.5.3. SURVEYS OF THE STUDENTS AND ANALYSIS OF THE RESULTS

Surveys of the students are carried out regularly after the completion of every examination. In addition, their opinions about the programme in general are heard.
Strengths of the programme:
- possibility of enrolling in the programme not only for students with an education in economics, but also for those without it,
- high qualifications of the academic staff,
- participation of professionals in the practical seminars,
- involvement of guest lecturers,
- interaction between students, opportunities to exchange experience and information that is important for successful business.
Weaknesses of the programme:
- there is lack of textbooks in Latvian appropriate for Masters studies,
- it is necessary to prepare more study materials electronically,
- it is desirable to have the study courses more harmonised between each other.
See the results of the student survey in Annex No. 12.

7.5.4. STUDENT PARTICIPATION IN IMPROVEMENT OF THE STUDY PROCESS

Taking into account the students’ suggestions, the course load for the “Management information systems” was diminished from 64 to 32 hours. A new course has been added – “Environment and quality management systems”. For the course, “International business economics” supplementary teaching staff with practical experience have been engaged in order to diversify the course content and also to emphasize practical orientation of the course. The student questionnaires reflect that it would be necessary to form two groups: one for “academically strong students” and another for “professionally strong students”. This corresponds to the previously expressed views of the management of the programme and the Department of International Economic Relations. Thus, for the academic year 2003/04 there were two separate groups formed – for the graduates of professional study programmes and for the graduates of academic study programmes. During the open house of the University of Latvia and while receiving the applications for the Masters studies, it was obvious that students are particularly interested in the course of internship. Although it is required to enrol in the programme with a pre-existing minimal practical 2-year work experience in business, more time has been added to the internship part (from 18 credit points to 26).

7.6. TEACHING STAFF OF THE STUDY PROGRAMME
7.6.1. NUMBER OF THE TEACHING STAFF

The professional Masters programme engages 14 faculty members, 6 of them are faculty of the LU International Economic Relations department, and the rest represent other departments of the university. A PhD. in economics is held by 9 faculty members and 5 have a Masters degree (they are specialists with significant practical experience). 64% of the staff are professionals (I.Fricberga – Marketing and PR manager for the Baltic States, Shell Latvia (1993 – 2003), senior manager, SIA Latvijas Sls Tirdzniec+bas Kompnija; S.Jgere  Head of the R+ga Council Board of Entrepreneurship of the Department of Property (2000  2002), President of A/s Lateko Banka (1997  1999), State Minister of Investments and Credit (1995  1996); A.Rigerts  Prdaugava branch manager, A/s Latvijas Krjbanka; A.Roze - managing director, SIA Jnis Roze; E.FortiFa  expert on international investment projects; V.Ivaa
uks  director, Association of Commercial Banks of Latvia Training Centre, (1998  2000), A.Petrovskis - Head of the Legal division of SIA Tirgus izptes centrs, (1995  1997), A.Pelas  accountant, member of the Republic of Latvia Association of Accountants and member of the Accountants Club, owner-manager of the farm  Upma
kecioren evden eve nakliyat gaziantep evden eve nakliyat mardin evden eve nakliyat alucrabeylikduzu escort beylikduzu escort bayan hacklink hacklink