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Qualification: Professional Bachelor’s Degree in Finance, Financial Analyst (BA)

Professional Bachelor’s Degree in Finance, Financial Analyst (BA)

Qualification Information

The aims of the Programme are:
- to provide students with theoretical knowledge and practical training that meets qualification requirements of a financial analyst and provides training of specialists competitive in domestic and international labour market, with in-depth knowledge of risk management and insurance.

Learning outcomes:
- students understand the current economic, financial and insurance development trends and principles, are able to orient themselves in the economic and financial processes, explain them, provide arguments in discussions and make decisions according to changing situations;
- are able to analyse correlations of indicators reflected in financial accounting and management accounting statements;
- are able to assess the efficiency of the use of financial resources and the company's financial position as a whole, manage financial risks and develop proposals for diversifying, reducing or eliminating financial risks;
- are able to determine the financial return on investment and risk, prepare investment projects, plan company's finance and budgets, predict company’s financial performance, carry out professional activities;
- formulate and analytically describe information, problems and solutions in their professional field by using modern information gathering, processing, and systematization technologies;
- understand professional ethics and the responsibility for the impact of their professional activities on the environment and society;
- are able to take responsibility, teamwork, delegate and coordinate duties, plan effectively and organize their own work, are able to constantly acquire new knowledge, analyse, systematize and integrate the information obtained.

In the framework of the programme the student completes his/her work placement, develops and defends three study papers and the Bachelor’s thesis.



Competences:

1. The KNOWLEDGE at the level of notion:
1.1. guidelines of the European Union and international organizations in the field of financial analysis and planning;
1.2. financial theories.
2. The KNOWLEDGE at the level understanding:
2.1. macroeconomics;
2.2. microeconomics;
2.3. monetary and banking economy;
2.4. public finances;
2.5. statistics;
2.6. business informatics;
2.7. international environment of financial activity;
2.8. marketing;
2.9. prices and pricing;
2.10. professional terminology in the official language and at least two foreign languages.
3. The KNOWLEDGE at the level use:
3.1. business economics;
3.2. financial accounting;
3.3. management accounting;
3.4. financial analysis and management;
3.5. commercial and financial law;
3.6. financial information systems;
3.7. official language;
3.8. at least two foreign languages at the communication level;
3.9. communication skills;
3.10. business ethics;
3.11. strategic management;
3.12. labour protection;
3.13. legal employment relationship;
3.14. environmental protection.



Skills:

1. To understand the regularities and principles of current economic and financial developments.
2. To understand current processes in the economy and financial environment and adopt decisions according to the changing circumstances.
3. To utilize modern quantitative methods of financial analysis and financial engineering for an effective business operation.
4. To use accounting and balance sheet data, statistical information.
5. To apply the laws and regulations of the financial sector.
6. To evaluate and manage projects.
7. To use professional terminology in the official language and at least two foreign languages.
8. To work in a team or a group, coordinate and delegate tasks.
9. To effectively plan and organize one's work.
10. To independently acquire new knowledge.
11. To analyse, systematize and integrate the obtained information.
12. To use modern information acquisition, processing and systematization technology.
13. To communicate and cooperate with the staff from various departments, direct management and partners.
14. To act in accordance with the laws and regulations and rules of conduct.
15. To have good knowledge of drawing up business documents.
16. To understand and analyse interconnections of a company economic and financial activities.
17. To understand and analyse interconnections reflected in the financial accounting, management accounting and financial reports.
18. To analyse and assess the structure and efficiency of the capital, optimize the structure thereof.
19. To attract financial resources for development.
20. To predict factors influencing the financial activities of the company.
21. To be able to use methods to determine the value of financial assets.
22. To develop a profitability increase project.
23. To develop investment projects.
24. To analyse and assess financial performance of the company.
25. To develop a financial risk reduction plan.
26. To prepare a package of documents necessary for the issue of securities.
27. To predict the likelihood of bankruptcy.
28. To be aware of methods of drawing up financial plans, budgets and financial reports.
29. To know the official language.
30. To know at least two foreign languages at the communication level.
31. To carry out scientific and research work.



Knowledge:

1. To understand the regularities and principles of current economic and financial developments.
2. To understand current processes in the economy and financial environment and adopt decisions according to the changing circumstances.
3. To utilize modern quantitative methods of financial analysis and financial engineering for an effective business operation.
4. To use accounting and balance sheet data, statistical information.
5. To apply the laws and regulations of the financial sector.
6. To evaluate and manage projects.
7. To use professional terminology in the official language and at least two foreign languages.
8. To work in a team or a group, coordinate and delegate tasks.
9. To effectively plan and organize one's work.
10. To independently acquire new knowledge.
11. To analyse, systematize and integrate the obtained information.
12. To use modern information acquisition, processing and systematization technology.
13. To communicate and cooperate with the staff from various departments, direct management and partners.
14. To act in accordance with the laws and regulations and rules of conduct.
15. To have good knowledge of drawing up business documents.
16. To understand and analyse interconnections of a company economic and financial activities.
17. To understand and analyse interconnections reflected in the financial accounting, management accounting and financial reports.
18. To analyse and assess the structure and efficiency of the capital, optimize the structure thereof.
19. To attract financial resources for development.
20. To predict factors influencing the financial activities of the company.
21. To be able to use methods to determine the value of financial assets.
22. To develop a profitability increase project.
23. To develop investment projects.
24. To analyse and assess financial performance of the company.
25. To develop a financial risk reduction plan.
26. To prepare a package of documents necessary for the issue of securities.
27. To predict the likelihood of bankruptcy.
28. To be aware of methods of drawing up financial plans, budgets and financial reports.
29. To know the official language.
30. To know at least two foreign languages at the communication level.
31. To carry out scientific and research work.

Reference Data

EQF Level:
Thematic area:
Information Language:
Location:
NQF Level: 
6
Awarding body: 

- BA School of Business and Finance

Awarding body contact info: 

KRIŠJĀŅA VALDEMĀRA IELA 161, RĪGA, LV-1013
Tālr.: 67360133
Fakss: 67320620
E-pasts: info@ba.lv

Source of information: 
National occupation classification: 

ISCO-08

Relationship type: 

Financial analyst (2413 02)

Access requirements: 

Certificate of general secondary education or Diploma of vocational secondary education

Ways to acquire: 

Formal (through education programmes)