Smart Economics and Innovations
| Study location | Latvia, Daugavpils |
|---|---|
| Type | Professional Master's Study Programmes, full-time |
| Nominal duration | 2 years or 1,5 year |
| Study language | English |
| Awards | (Professional Master’s Degree in Economics & Financial Analyst Qualification) |
| Tuition fee | €2,900 per year Bank Details:
In the payment details indicate: Tuition fee, Name, Surname, Date of Birth |
|---|---|
| Registration fee | €140 one-time Registration fee is non-refundable. Must be paid to the Daugavpils University bank account:
In the payment details indicate: Registration fee, Name, Surname, Date of Birth |
| Entry qualification | Bachelor's diploma Bachelor’s degree diploma and its supplements in original language and a notarized copy in English (applying for Master’s degree). Full-time studies (2 years): Full-time studies (1.5 year): The entry qualification documents are accepted in the following languages: English / German / Russian / Latvian. Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original. Please provide bachelor’s diploma (for master studies) in the original language. If the diploma is not issued in English, Russian, German or Latvian, you should provide a certified translation. The document must be legalised (usually done by Ministry of Education or Ministry of Foreign Affairs of your country). Legalisation is a Certification of Document Authenticity: certification of document authenticity (legalisation) means verification of signature and seal of a document. Traditionally it is performed by a Consular Officer so that documents drawn up in one country would be legally valid in another one. If a document is issued in a foreign country which has concluded bilateral agreement with Latvia (Belarus, Kirghizstan, Russia, Moldova, Ukraine, Uzbekistan) – these countries don’t need legalisation of documents, it enough if they have Official State Seal. You must take the original entry qualification documents along with you when you finally go to the university. Legalisation is a Certification of Document Authenticity: certification of document authenticity (legalisation) means verification of signature and seal of a document. Traditionally it is performed by a Consular Officer so that documents drawn up in one country would be legally valid in another one. 1. If a document is issued in the European Union, the member states of the European Economic Zone, the Swiss Confederation and in the United Kingdom of Great Britain and Northern Ireland (except overseas territories), it does not required any additional authentications (legalisation or Apostille) for their use in Latvia. 2. If a document is issued in a foreign country which has joined the Hague Convention Abolishing the Requirement of Legalisation for Foreign Documents of 5 October 1961, its authenticity must be certified with an Apostille by the competent institution of the relevant country, and the document is valid for submission to Latvia’s institutions without any other certification. 3. If a document is issued in a foreign country which has not joined the Hague Convention Abolishing the Requirement of Legalisation for Foreign Documents of 5 October 1961, it must be by diplomatic/consular mission of Latvia in the relevant country or by the Consular Department of the Ministry of Foreign Affairs of Latvia, after their authentications by the competent institutions of the relevant country (the foreign ministry or a diplomatic/consular mission of the relevant country). 4. If a document is issued in a foreign country which has concluded bilateral agreement with Latvia (Belarus, Kirghizstan, Russia, Moldova, Ukraine, Uzbekistan) – these countries don’t need legalisation of documents, it is enough if they have Official State Seal. Please, read more about legalisation on the website of the Ministry of Foreign Affairs of the Republic of Latvia. |
|---|
| Language requirements | English Accepted proof of proficiency (minimum): Document confirming English language knowledge. Applicants who have obtained previous education in English in one of the bellow listed countries do not need to provide separate language proficiency: |
|---|
| Other requirements | The documents will be revised only in case the full package is submitted. Incomplete applications will not be considered. |
|---|
| More information |
|---|
Overview
The aim of the academic master’s study programme is:
To provide students at the national and international level with competitive knowledge, relevant skills and competences for analytical evaluation of economic and financial processes in the context of smart development, emphasizing research skills for scientific and academic work and training highly qualified specialists in accordance with professional standards “Financial analyst” (profession code PS-118).
The tasks of the academic master’s study programme are:
- to provide students with the opportunity to obtain a competitive, high-quality professional higher education that meets modern requirements and is in demand in the international labour market, which includes comprehensive and innovative knowledge and understanding of economics, finance, etc.;
- to prepare students for work in the profession, having integrated various sub-sectors of economics and other branches of science in the study process;
- to develop students’ competences of research work, creative work skills and abilities;
- to develop knowledge and skills needed for the managers of the organisation, who are able and competent to take responsibility and solve financial and economic problems of a high degree of complexity;
- to ensure the achievement of learning outcomes (knowledge, skills and competences) in accordance with the knowledge, skills and competence of level 5 of the European Qualifications Framework (hereinafter – the Framework) and level 7 of the Latvian Qualifications Framework (LQF) specified in the Latvian education classification;
- to promote flexible acquirement and further improvement of the study programme and the study content in accordance with the changing processes of national economy, international market and technology development;
- to develop students’ skills, abilities and professional competences in the field of economics and finance, practical skills in working with modern technologies, general competences required in today’s labour market, choosing advanced methods and techniques that provide a learning environment favourable for personal and professional growth;
- to prepare professional Master’s degree holders for studies in Doctoral study programmes.
As a result of the programme’s acquisition, the graduate will acquire and be able to demonstrate:
KNOWLEDGE
1. To show specialized in-depth knowledge (including the one based on the latest discoveries in the field) characteristic of the economic and finance sector, as well as understanding of concepts and regularities, incl. cross-sectoral aspect.
Skills
2. Able to use professional theoretical concepts and IT solutions, perform professional, innovative or research activities, creatively obtain, select and analyse information and use it in the interpretation of economic processes.
3. To explain and discuss the professionally applied aspects of systemic economics and finance field with arguments, both with specialists and non-specialists.
4. Independently promote the development and specialization of their competencies, introduce innovations in the profession, acquire new knowledge, analyse, systematize and integrate the acquired information or further learning in complex and unpredictable conditions.
COMPETENCE
Students are able to:
1. Independently formulate and critically analyse complex scientific and professional problems in the field of economics and finance, justify decisions, take responsibility, lead a team, delegate and co-ordinate the performance of duties, effectively plan and organize their own work.
2. Integrate knowledge from different fields, contribute to the creation of new knowledge, development of research or applied methods of operation, participate in the development of economic branches and sub- branches.
3. Demonstrate understanding and ethical responsibility for the potential impact of scientific results or professional activities on the environment and society.
Eastern European Time
Eastern European Time