• EQF Home Page Icon

Qualification: Professional Bachelor’s Degree in Finance, Financier (International Finance) (BA)

No translation available for Norwegian. Showing the original language.

Professional Bachelor’s Degree in Finance, Financier (International Finance) (BA)

Qualification Information

The aim of the Programme is to train highly qualified finance specialists who meet the fifth level professional qualification standard for professional qualification - "Finance Specialist" and who are competitive in the domestic and international labour market in the changing socio-economic conditions, and who possess necessary knowledge, skills, and competences in the area of finance.

Learning outcomes:
- students are able to orient themselves in the financial environment and are aware of the current financial trends and principles;
- are able to explain them, provide arguments in discussions and make decisions according to changing situations;
- are able to manage assets, draw up financial statements and calculate taxes, apply quantitative methods of financial analysis in order to ensure effective operation of a company, predict the financial performance of a company, plan company's finance and budget, prepare investment projects;
- assess and manage financial risks;
- carry out professional activities, define and analytically describe information, problems and solutions in one’s profession using a scientific approach;
- are aware of professional ethics and the responsibility of the impact of professional activities on the environment and society;
- are able to take responsibility, work as a team, delegate and coordinate duties, plan effectively and organize their own work;
- are able to acquire new knowledge independently, analyze, 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. history of economics and finances;
1.2. guidelines of the European Union and international organizations in the field of financial analysis and planning.
2. The KNOWLEDGE at the level of understanding:
2.1. understanding of the regulatory documents governing the financial activity;
2.2. microeconomics, macroeconomics;
2.3. financial theories.
2.4. business communication psychology;
2.5. structure of the financial system;
2.6. global finances;
2.7. marketing;
2.8. business management;
2.9. professional terminology in the official language and two foreign languages.
3. The KNOWLEDGE at the level of use:
3.1. financial accounting and basics of auditing;
3.2. financial analysis and management;
3.3. organization of scientific activities;
3.4. use of statistical methods in finance;
3.5. business informatics;
3.6. financial instruments market;
3.7. banking;
3.8. taxes and tax and fee systems;
3.9. investments;
3.10. project financing;
3.11. ethics, business etiquette;
3.12. information technologies;
3.13. environmental protection;
3.14. official language;
3.15. at least two foreign languages at the communication level;
3.16. labour protection;
3.17. legal employment relationship.



Skills:

1. To analyse correlations and trends of economic and financial developments and adopt decisions according to the changing circumstances.
2. To use laws and regulations, as well as professional standards governing the financial activities.
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, analyse results of operation.
5. To analyse, systematize and integrate collected information, utilize economic, statistical and econometric research methods.
6. To predict financial performance results.
7. To calculate taxes.
8. To develop investment projects.
9. To use statistical methods for analysis.
10. To access, analyse and manage financial risks.
11. To prepare and present reports.
12. To use information acquisition, processing and systematization technology.
13. To work in a team or a group, coordinate and delegate tasks.
14. To know the official language.
15. To know at least two foreign languages at the communication level.
16. To use professional terminology in the official language and at least two foreign languages.
17. To communicate and interact with the staff from various departments, direct management and partners.
18. To effectively plan and organize one's work.
19. To independently acquire new knowledge.
20. To prepare business documents in accordance with record-keeping and accounting requirements.
21. To act in accordance with the requirements of the laws and regulations and ethical standards.
22. To comply with professional ethics, codes of conduct and standards.



Knowledge:

1. To analyse correlations and trends of economic and financial developments and adopt decisions according to the changing circumstances.
2. To use laws and regulations, as well as professional standards governing the financial activities.
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, analyse results of operation.
5. To analyse, systematize and integrate collected information, utilize economic, statistical and econometric research methods.
6. To predict financial performance results.
7. To calculate taxes.
8. To develop investment projects.
9. To use statistical methods for analysis.
10. To access, analyse and manage financial risks.
11. To prepare and present reports.
12. To use information acquisition, processing and systematization technology.
13. To work in a team or a group, coordinate and delegate tasks.
14. To know the official language.
15. To know at least two foreign languages at the communication level.
16. To use professional terminology in the official language and at least two foreign languages.
17. To communicate and interact with the staff from various departments, direct management and partners.
18. To effectively plan and organize one's work.
19. To independently acquire new knowledge.
20. To prepare business documents in accordance with record-keeping and accounting requirements.
21. To act in accordance with the requirements of the laws and regulations and ethical standards.
22. To comply with professional ethics, codes of conduct and standards.

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: 

Financier (2412 01)

Access requirements: 

Certificate of general secondary education or Diploma of vocational secondary education

Ways to acquire: 

Formal (through education programmes)