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Areas of work, main tasks and objectives

The Department of International Business and Economics aims provide higher education on a bachelors', masters' and doctoral level in different fields of business and marketing creating a modern, innovative and development-oriented learning environment, as well as to conduct scientific research integrating results into realising the study process.

Tasks

  1. To prepare highly qualified specialists who will be in-demand on the labour market with a profound knowledge of international business management, marketing, advertising and start-ups, who are able to achieve high performance in the private and public sector by implementing the following programmes:
  2. To ensure students master theoretical knowledge, research abilities and skills in the main disciplines of business management, marketing, advertising and organisation of start-ups.
  3. To develop research work by participating in the implementation of scientific and practical projects, as well as disseminating results in the international academic environment.
  4. To promote the professional growth, competence development and careers of academic staff and employees.
  5. To cooperate with universities, employers, industry associations and professional organisations in Latvia and abroad.

Research directions

  • Creating an innovation-based economy
  • The major global changes in society organisation and social economy
  • Problems with economic integration and EU economic policy
  • Developments in the financial sector and integration problems
  • The significance of state policy in market economy development
  • Various national socio-economic development models 
  • Innovation and innovation in business
  • International business issues
  • The development of competitive advantages in businesses
  • Increasing business efficiency
  • Financial management for sustainable business
  • Current trends in human resource management in the labour market
  • Companies' marketing process management
  • Consumer behaviour and affecting factors
  • Building and managing a brand
  • Quality management and ergonomics

International and local cooperation

Collaboration with Latvian and international universities and colleges that have similar study programmes:

  • The University of Latvia, Riga Technical University
  • Hochschule Bremen – City University of Applied Sciences, Chitkara University
  • Cooperation agreements have been signed with the following universities under the Erasmus Mundus programme:
    • Universitetet i Oslo (Norway)
    • Vaasan Yliopisto (Finland)
    • Süleyman Demirel University (Turkey)
    • Otto-Friedrick Universität Bamberg (Germany)
    • Hochschule Wismar (Germany)
    • Universität Konstanz (Germany)
    • Rheinische Friedrich-Wilhelme Universität Bonn (Germany)
    • University of Akureyri (Iceland)
    • Università degli studi di Trenta (Italy)
    • Aarhus Universitet (Denmark)
    • Fontys International Hogeschool Economie (Netherlands)
    • Wyższa Szkoła Biznesu (Poland)
    • and other European universities.

Cooperation with Latvian employers and professional organisations

To following steps are being taken to promote the involvement of employers and professional organisations in preparing prospective highly qualified specialists, as well as enhance the RSU students’ labour force competitiveness:

  • there is active cooperation with the Art Directors Club, the Business Efficiency Association, the Employers’ Confederation of Latvia, the Latvian Chamber of Commerce and Industry, the Start-up Association, the Latvian Ergonomics Association, the Riga High Tech Education Association, the Latvian Association of Economists, the LAS Institute of Economics, the Latvian European Community Studies Association;
  • visiting lectures are organised on a regular basis that are conducted by prominent Latvian and international specialists, researchers, leaders of public institutions and international organisations;
  • classes on location at various companies are organised to be able to review and learn about specific companies, as well as to learn best-practice examples at local and international companies;
  • cooperation agreements with business companies (for example, SIA BSMS  and others) have been concluded, 
  • there are placement agreements with local, international companies, organisations and public administration institutions;
  • a Week of Career Opportunities is organised annually at which representatives of local and international companies participate to share their experiences and inviting students to work with them.

Cooperation with international employers and professional organisations

  • the European Commission's representation in Latvia
  • Business Systems Laboratory
  • International Ergonomics Association
  • Centre for Studies in International Development and Economic and Social Movements
  • EBES (Eurasia Business and Economics Society)
  • IFO Institute – Leibniz Institute for Economic Research at the University of Munich Center for Economic Studies
  • Ebert Foundation.

International and local projects

Local projects

International projects

  • Risk Management and PREVENTion of AntIbioTics Resistance | PREVENT IT
  • ESPON study on a European Territorial Reference Framework
  • New assessment of administrative costs and burden in the European Structural and Investment (ESI) Funds
  • World Competitiveness Yearbook
  • Jean Monnet Network
  • Study on the expected results of Cohesion Policy in Estonia, Lithuania and Latvia
  • COST project CA16206 Empowering the next generation of social enterprise scholars
  • Empowering Citizens to Transform European Public Administrations (CITADEL)
  • World Economic Survey, IFO Institute – Leibniz Institute for Economic Research at the University of Munich Center for Economic Studies