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Qualification: Professional Bachelor Degree in Financial Engineering, Financial Analyst (RTU)

Professional Bachelor Degree in Financial Engineering, Financial Analyst (RTU)

Qualification Information

Graduate student skills and knowledge in compliance with the profession standard is the major learning outcome.
Students should be able to make decisions independently and to apply the acquired knowledge in practical work.

Graduates are able:  
- to identify financial and actuarial problems that can be solved by applying information technologies;  
- to analyse business-related processes;  
- to manage optimisation of security portfolios and investments;  
- to analyse, model and forecast financial flow, as well as to design management systems for financial analysis;  
- to explain basic principles of the use of financial instruments;  
- to assess profitability and risk of financial investments, as well as to come up with recommendations for reduction of financial risks;   
- understand how to deal with economic and social factors in statistical analysis of financial flows;   
- to conduct statistical analysis of indicators such as mortality, functional disorders, etc.;  
- to analyse insurance market trends and calculate insurance losses and premiums;  
- to apply modern quantitative methods in financial analysis and financial engineering;  
- to use software for mathematical and statistical calculations.   



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: 

- Riga Technical University

Awarding body contact info: 

KAĻĶU IELA 1, RĪGA, LV-1050
Tālr.: 67089300
Fakss: 67820094
E-pasts: rtu@rtu.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)