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Ghent University (Belgium) study programme “Business Economics”;

  • University of Kiel (Germany) study programme “ European Regional Economics

  • Riga's Stradina University European Study department the second

    level academic study programme “European Economic and Business”;

    • Higher School of Economics and Culture study programme “Entrepreneurship Economics and Administrative Work”.

    The comparison of the programmes are carried out both by study volume and duration

    (table 7) and by study programme content (Appendix 8).

    Table 7

    The Comparison of the Programme “European Economics and Business” with Other State Similar Programmes

    Higher School

    Higher School of Psychology

    Ghent University (Belgium)

    University of Kiel (Germany)

    Riga's Stradina University

    Higher School of Economics and Culture

    Bremenes Augstskola


    Sociālo Tehnoloģiju Augstskolas


    Professional Bachelor's study programme

    European Economics and Business”

    Academic Bachelor's study programme

    Business Economics”

    Professional Bachelor's study programme

    European Regional Economics”

    Academic Bachelor's study Programme

    European Economics and Business”

    Professional Bachelor's Study Programme

    Entrepreneurship Economics and Administrative Work”

    Eiropas reģionāla ekonomika

    Uzņēmējdarbības ekonomika un administratīvais darbs

    Study duration

    4-4,5 years

    3 years

    3-4 years

    3 years

    4-4,5 years

    3-4 gadi

    4-4,5 gadi

    Study organization




    Modular system




    Programme description

    Many disciplines (Economics and Business)

    Many disciplines

    (Economics and Business)

    Many disciplines (Business and Economics)

    Many disciplines (Economics and Management)

    Many disciplines (Economics, Management, Business)

    Multidisciplināra (bizness un ekonomika

    Multidisciplināra (ekonomika, vadība, bizness)

    The main study subject blocks, which include the compulsory study subjects in the list



    Mathematics and Statistics,




    Jurisprudence Basics,

    Languages (2)



    Languages (3), Counting,

    Finances, Mathematics, Marketing










    Languages (3), Counting,












    Vadība, Grāmatvedība, Finanses, Mārketings

    Ekonomika, Vadība, Grāmatvedība

    Finanses, Mārketings, Statistika,



    3rd study year

    3rd study year

    3rd or 3rd and 4th study year

    2nd, 3rd and 4th study year

    3rd study year

    3. vai 3.un 4.studiju gads

    3. studiju gads,

    jeb pēdējais semestris

    The major study subjects in specialization

    European Economics, Integration,

    European Business,

    European Economics,

    European Tax System,

    European Law,

    European Floater Market

    Business Research Methods,

    Modern Economics and Social History,

    Central and Western European Economics

    Introduction to the EU Jurisprudence

    Corporative Finances

    International Economics


    Entrepreneurship Economics

    Entrepreneurship Economics Basics

    Introduction to National Economy

    Introduction to Economic Policy

    European Economic Integration,

    Innovation in Europe,

    Business in Europe, European Economics, International Financial Relations,

    The EU: Institutions, Politics, Law and Economics etc

    Regional Economics,

    Entrepreneurship Strategic and Operative Planning,

    International Economic Relations,

    International Marketing and Advertising.


    Starptautiskais bizness, Intelektuālais īpašums un projektu vadība, Praktiskā personāla vadība,

    Biznesa finanses, MVU vadība u.c.

    Eiropas integrācijas pamati,

    Biznesa analize un stratēģija,

    Mazā biznesa vadīšana starptautiskā ekonomikā,

    Starptautiskās tirdzniecības tiesības

    Comparing the programme to accredit with the similar foreign study programmes it's possible to find out their similarity. It allows making the following conclusions:

    • the HSP Programme is similar with the programmes of other Higher Schools in some courses and volume of credit points in some subject blocks;

    • the last study semester is dedicated to writing and defence of Bachelor's Paper.

    Studiju programmu saturs ietver arī līdzīgus mācību priekšmetus, kā, piemēram, informācijas tehnoloģijas, lietišķā komunikācija, uzņēmējdarbības ekonomika, grāmatvedība, matemātika, statistika, uzņēmējdarbības likumdošana, mārketings u.c.

    The 3rd - 4th study years are dedicated to the specialization in the chosen direction. Specialization directions in different countries are different, the most widespread are marketing, management, finances, accounting etc.

    We can conclude that foreign higher education establishment and Latvian study programmes are very similar to the HSP programme “European Economics and Business” according to courses structure and in all these programmes specific stress is put on international (including the European Union) courses. Even though there are specific differences between higher educational establishments, however, in total comparable international (European) economics and business programmes according to their content give similar, high-quality education.

    The accomplishment of professional programme of the HSP enables to ensure the achievement of the set study aim: to start professional independent work or continue Master Studies in Economics or Management. The programme to accredit ensures the high qualification level of students in order certified experts are able to work in the field of economics and business both in Latvia and labour market of the European Union.

    10. The Study Process Organization and Knowledge Assessment

    10.1. The Study Process Organization

    The Higher School of Psychology is one of the higher education establishments in Latvia, in which students obtain choosen profession, which is offered in the study programme, develop creative skills to study without assistance and perfect necessary knowledge and obtain practical skills for practical using.

    Study programme was activated according to researches of labour market, consultations with employers, graduates, students, lecturers and practised specialists with the purpose to ensure educated, competitive and professional European level economics specialists’ preparation with perspective to work both in Latvia and the European Union.

    Creation of the programme is connected with necessity to promote the training of the business specialists in Latvia with specialization in European economics and business.

    Basic documents and authorities, which regulate, lead and stipulate studying, order and organization are the following:

    • the HSP Constitution;

    • Constitution's meeting;

    • Rector and Senate;

    • the study Programme Council;

    • Students' self-government;

    • the study Programme;

    • study curricula.

    The documentation of the Study Programme “European Economics and Business” is available in the study Programme Council, the documentation on the study organization could be found at the office of the head of studies.

    10.2. The Study Methods and Forms

    HSP regulations and proceedings regulate study process for students and pedagogical process for staff in professional study programme “European Economics and Business”.

    The study programme is realized in accordance with the demands of LR normative documents. For realization the programme, various teaching methods are used, special attention is paid to interactive teaching methods. It is important to achieve balance in using various teaching methods.

    Study programme’s main study forms are lectures, seminars and practical activities, tutorials and self-dependent work.

    Lectures as teaching method is mostly used in those subjects, where it is necessary to activate theoretical knowledge. For example, microeconomics and macroeconomics. Success is ensured by the professional competence of lecturer. Lekcijas kā mācību metodi proporcionāli vairāk pielieto tajos priekšmetos, kuros ir nepieciešams aktualizēt teorētiskās zināšanas.

    Seminars let students to study both theoretical and practical aspects of various questions without assistance in this way giving chance for students to enter into issues, present them and express own opinion.

    Problem seminar, as structured group discussion, is used in study subjects, in which a student has greater chance to carry out independent researches. During the seminars a student has an opportunity to analyse problems and defend own opinion.For example, in marketing, management, business and in the acquirement of other courses.

    To develop students’ knowledge and skills to work and co-operate in team, in study process there is widely used group work: leading discussions, “round tables”, “brainstorming” and performing business-like researches, situation analysis, and working out various practical works within the framework of the study courses.

    Group work is stressed in subjects, where it is necessity for team work to understand the essence of the theory in common co-operation and in joint theory of knowledge, to develop communicative skills: skill of dialogue, substantiation of opinion, defence, taking advice, making decisions and initiative. For example, psychology and management study courses.

    The great attention is paid to students’independent work, during it students must prepare reports, projects, study works, course works and term papers, in fact, it is student’s research work.

    Report is one of the regular tests, which promotes the qualitative acquirement of the study courses.

    Controlworks, tests are used as a regular checking work, that motivates the qualitative studying.

    Discussions let to establish the emotional contact between a student and lecturer.

    Work in the library develops students’ ability for independent theory of knowledge.

    Individual researches in the process of study activate students’ subjective interests and needs, ensuring the correlations of separate study courses.

    Observation method gives a general opinion about the professional action in the company, organization during the practice.

    For testing knowledge and forming feedback between a student and lecturer, there are used interviews, inquiries and surveys, which let students to acquire more information, give conception about problem’s progression and promote acquirement of the research process.

    In order to acquire the facts for research work and get acquainted with various organizations’ work and economist’s professional activity, there are students’ internships provided.

    Students’ independent works are peformed by supervision of lecturers or independently. The supervision of the students’ independent works expresses, mainly, as individual home works’ (reports, theoretical researches, tasks, business-like researches, projects etc.) formulation and consultation.Lecturers regulary work out such individual tasks. Their quality is good, however, the tasks could be be more problematical and have the wider formulation. Problematical and complex tasks would enable to activate the study process and also promote the efficiency of the lecturers’tutorials.

    The goal of the course work is to promote student’s research work and acquirement of own opinion’s argumentation skills.

    At the end of the study programme students must work out and defend bachelor’s work. The goals of this work are:

    • to confirm ability to use during study programme obtained methods, analytical work skills in the frameworks of the concrete choosen theme;

    • to confirm ability to understand and solve business economics and management problems;

    • to confirm ability to work out and present bachelor’s work successfully.

    Bachelor’s work shows student’s ability to use obtained knowledge during the study programme both from academic and professional opinion.

    Specialists from Latvian and foreign companies are involved in the commission of the bachelor’s work defence.

    In total we can conclude, that active students’ involvement in the study process considerably allows to promote the efficiency of the contact. Higher school gradually refuses from testing students’ knowledge in narration form and tries to test their knowledge in ability to solve concrete problems and use knowledge in solving practical tasks. To achieve that, the great attention is paid to the content, form and structure of the study course examinations, it is, assession of the knowledge and skills, combined tests, practical tasks, problem situations, where students must model a situation and make a decision.

    For preparing study courses are used the latest accessible literature sources, latest scientific and theoretical cognitions and practical examples, which are prepared in co-operation with employers. For methodological support of the study process in every study subject there were made systematic, purposeful and precisely designed handouts. In the most important study subjects are already published and prepared for publishing lectures’ courses – notes, which contain not only theoretical material but also practical tasks.

    10.3. Assessment of Students’ Knowledge

    10.3.1. System of Assessment of Students’ Knowledge

    In the Higher School of Psychology the assessment of students’ knowlwdge is realised in accordance with the regulations No 481 (Part 4, Article 30) of 20 November, 2001 according to the 10-point system with the goal to improve the training quality of future specialists-economists constantly.

    The basic principles of knowledge assessment in study programme are:

      • the principle of positive achievments summarization: obtained education is assessed by summarizing positive achievments;

      • the principle of compulsory testing: it is necessary to obtain positive assessement in the obtaining of the programme’s main part;

      • the principle of transparency and clarity of the assessement’s criterions: according to the programme’s goals and tasks there is appointed the totality of basic demands for assessement of acquired education;

      • the principle of the variety of assessement’s forms: in the assessement of programme’s acquiring various testing forms and kinds are used;

      • the principle of the availability of the testing: it is necessary to give a possibility for student to confirm analytical abilities, knowledge, skills and attitudes for all acquirement’s levels corresponding tasks and situations, the volume of educational content is in accordance with volume of the study programme content;

      • choosing and using of the study methods and forms are determined by study subject’s specific, content and its selection principle.

    The volume of testing works’content is in accordance with the content of the courses programmes and in accordance with in professional standard determined demands of skills and knowledge.

    In the HSP the system of assessement of students’ knowledges is worked out and operated, including such elements:

    • According to the study plan of specialists-economists training, the concluding stage of the students knowledge assessement is differentiated tests and examinations, which students must pass at the end of every study course. For the courses “ Foreign Language” and “ Higher Mathematics for Economists” can be differentiated test as interessessement and at the end of the course – examination. The form of the testing is determined in the study programme. Usually examination and differentiated test are examined by study course lecturer or as the case may be examined by other lecturer, who gives this course with the decision of programme’s director. In the test study course programme’s acquirement, the quality assessement is “passed”(test with a mark) or “failed”. .

    • At least 3 course works’ output and presentation in the main economical subjects;

    • The systematical output of the tests, home works and reports’ preparation. Without the final examination, in every study course there are also possible regular mid-term tests – control works, performance in the seminars and discussions, study’s other independent works (projects, group works etc.). These mid-term tests, if they are not stipulated in the study course programmes, a lecturer can stupulate and use them;

    • Regularly assessement of the students’ knowledge in seminars and practical works, orally or with help of the tests and computers.

    • Course paper and report of the internship after public defence are assessed according to 10 points system.

    • Credit points are accrued on every acquired study course, course paper and internship, if the assessement was not lower than 4 (almost satisfactory).

    Every HSP teacher works out own critera to assess students’ achievments. They are used in the process of the assessement; to get an assessement, which is based on the assessement of knowledge and skills, also the assessement of personality growth.

    To provide students’ awareness of requirements of study course mid-term tests and final examinations, course paper, about study practice programmes and internship reports’ presentation:

    • a lecturer explains it at the first course lecture, at the first course paper tutorial and the introductory instruction of the internship;

    • requirements of the study course final examination, course work and practices’ reports defences, requirements and questions are accessible at the course programme administration and at the corresponding study course lecturers.

    The quality and structure of the course papers and internship reports and the presentation skills in 10 points system are assessed by the commission of the programme lecturers.

    Finally, the students' knowledge, ability and skills are evaluated by the marks: 10 („outstanding”), 9 („excellent”), 8 („very good”), 7 („good”), 6 („almost good”), 5 („satisfactory”), 4 (“almost satisfactory”). The discipline followed by the final control form as a differentiated test should be evaluated as “passed” and a mark or “failed”. The final mark should be not less than 4.

    • a very high level (productive) 10 – outstanding, 9 – excellent;

    • a high level (reproductive level): 8 – very good, 7 – good;

    • a satisfactory level: 6 – almost good, satisfactory – 5, almost satisfactory – 4;

    • a low level: bad – 3, very bad – 2, very, very bad – 1.

    The way of control is stipulated by the education Programme, and the form of control (written or oral) is defined by a subject lecturer or Programme Council. The exam is accepted by a discipline lecturer or if necessary Commission. A student can take an exam not more than twice without any Commission.

    Credit point is accounted into the relevant course. Results are filled in the examination sheets, that is an official document.

    Acquirement of the study programme is completed by defence of the bachelor’s work, which is assessed by 10 points scale.

    Students are allowed to take a state examination, if such requirements are satisfied:

    • the assessement of every study programme courses is positive;

    • the assessement of course works and other independent works is positive;

    • the assessement of internship is positive.

    Certificate verified the second level higher professional education is received by a student, who passed the final examination and presented bachelor’s at least for 5 (satisfactory).

    If the Programme is successfully acquired and final examination (presented bachelor’s paper) is assessed, a student will receive the professional bachelor’s degree in business and the qualification of an economist.

    11. Regulations of the matriculation

    In accordance with the Ministry of Science and Education demands (Law on Higher education Article 46, Part 5) and Ministry of Science and Education Instruction No 8 of 27 November, 2003 “The regulations of enrolment the higher education establishments of Latvia” as a student of the Higher School of Psychology the second level professional study programme “European Economics and Business” is able to become the citizens of the Republic of Latvia and constant inhabitants, inhabitants from other countries and stateless persons, whose place of residence is LR, independently from sex, social and property situation, race and national identity, political views, religious conviction and occupation if they are acquired general secondary education. Persons with the secondary education obtained in Latvia or abroad can enrol this Programme. The Certificate should be admitted in Academic Information Centre of the Republic of Latvia.

    Matriculation in professional study programme takes place in accordance with the HSP “Enrolment and Matriculation Regulations in the HSP”, which were issued in accordance with the Law on Higher Education of the Republic of Latvia, Article 46, Part 1, and Regulations of the Cabinet of Ministers No “Requirements, Criteria and Matriculation in the Study Programme” of 10 October, 2006. The documents is available at the HSP homepage http://www.psy.lv.

    12. Students

    12.1. The Number of students of the Programme

    The study programme “European Economics and Business” was licenced on 2005.06.28 and in 2005/2006 study year the first 30 students were enroled in the study programme. On 2 July, 2006 the study programme was accredited and in 2007/2008 study year there were 58 students enroled.

    In 2007/2008 study year 91 students are studying in the higher education professional Bachelor’s Programme “European Economics and Business” (see the table):

      • I year – 19

      • II year – 22

      • III year – 38

      • V year – 13


    able 8

    Image 1. The Dynamics of Students' Number

    12.2. Students' and Graduates' Surveys and Their Analysis

    One of the students' involvement forms in the study process development is students’ surveys. In the HSP they take place regulary, every semester. During these surveys students express their assessement about teachers and about the HSP work in general.

    The summarizing of the information is done by computers that facilitates and accelerates results’ achieving and decreases expenses.

    The goal of the programme “European Economics and Business” students’ survey is to clarify, what are the reasons to choose this programme and how they assess the programme and the HSP in general according to various criteria: (Apendix 9):

    • training programme;

    • study contents’ training level;

    • timetable;

    • organization of studies;

    • technical provision for the study process;

    • provision with study literature, handouts and other methodological study aids;

    • possibility to work in computer rooms and use the internet;

    • attitude of authorities, lecturers and service personnel etc. to students.

    The important criteria of the study programme assessement is the motivation to acquire offered study programme and satisfaction with chosen higher school and programme.The survey’s results testify that all programme students are satisfied both with higher school and programme (average assessment - 8.35):

    Autumn 2007/08

    Spring 2006/07

    Image 2. Students' satisfaction level with studies at the Higher School of Psychology

    The important index of the students' motivation is the frequency of studies attendance. The most part of students answered, that they attended studies from 70% to 100%.

    One of the main components in the assessement of the study programme is the quality of teachers’ work and study technical provision. The results testify that students are absolutely satisfied with the quality of teachers’ work, knowledge, they obtain (average assessment - 8,45), and with the HSP technically material resources (average assessment - 8,31):

    Autumn 2007/08

    Spring 2006/07

    Image 3. Students' Comparative Assessment of the HSP Teaching Quality

    Image 4. The dynamics of Lecturers' Work Quality and Study Technical Provision

    The final survey results testify that, in general, students are satisfied with the Programme content and teaching level. The attitude of lecturers to students and relations among students are also assessed positively.

    mage 5. The Dynamics of Students' Survey Total Assessement

    The results of students' surveys are used to improve the study programme and process.

    With the students' surveys taken into account the following actions have been made to improve the Programme realization:

    Attendance of lectures and analyzing results. Having drawbacks and proposals expressed by students into consideration lecturers were recommended to improve the contents of their courses.

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