BA School of Business and Finances

For more than 25 years BA School of Business and Finance (BASBF), a state-founded higher education institution, has been one of the most recognizable business schools in Latvia. It is implementing 18 accredited professional higher education study programmes in two study directions, “Economics” and “Management, administration and real estate” offering 3 cycle study programmes to approximately 1500 students. Double diploma Bachelor’s programme: “International Finance” and a Master’s degree programme ”International Finance and Banking” have developed a considerable international reputation as they are offered in cooperation with Swiss Business School. New approaches and innovations have been introduced in recent years: a Master’s study programme “Cyber Security Management”, a Bachelor’s degree programme ”Information Systems of Financial management” jointly developed with Riga Technical University. This joint study programme is unique not only in Latvia, but in Baltic region offering opportunities to study in an innovative interdisciplinary programme comprising both technological (IT) and financial knowledge.
Strategic specialisation of BASBF includes the provision of modern, high quality business and financial management education based on the future labour market needs, being in line with interdisciplinary directions and the growth priorities of the Latvian Smart Specialisation Strategy (RIS3).

BASBF has required academic, research, technical and administrative staff in order to ensure the smooth management of this project and achievement of its defined objectives. There are 101 employees permanently working in BASBF. Academic staff of 4 faculties (Finance, Management, Foreign Languages, Entrepreneurship and IT), 3 research laboratories (Sustainability and efficiency lab, Financial intermediation and compliance expertise lab, Cyber security research lab) and Business incubator will contribute to the project implementation. Likewise the administrative staff of IT, Finance, Marketing, Development Projects departments and the Career centre will facilitate the project implementation. Thus BASBF has necessary human resources and appropriate infrastructure for the implementation of the project activities. Our network of local and foreign cooperation partners (e.g. industry representatives, government and support organisations, financial institutions, higher education institutions, etc.) is seen as an important additional value for the project success.

The vision of BASBF is to be as a path to achieving professional excellence. This requires from us to ensure the high quality and excellent performance in all processes. BASBF has obtained “Investors in Excellence” Quality Management Certificate issued by British Quality Foundation, proving our compliance to high internationally recognized standards and well established the internal quality assurance system. All our study programmes are state accredited. In 2013 Scottish Qualifications Authority approved BASBF as the Centre to have the right to deliver internationally approved qualification in Financial Management. BASBF is the holder of DS and ECTS labels which are strong quality indicators. From 2015 till 2017, BASBF implemented Erasmus+ KA2 project (2015-1-LV01-KA203-013436) “Partnership to Ensure Risk Management in practice”, which was flagged by EU as a good practice example and one of the best success stories.

BASBF has extensive experience in international cooperation, mobility of students and academic staff; it cooperates with 116 partner universities in 32 countries in Europe, USA, Africa, Asia and Latin America. BASBF is the member of various international associations EURASHE, CEEMAN-Central and East European Management Development Association, a founding member of Baltic Management Association, which facilitates the opportunity for the development of organisational and soft skill competences including intercultural communication. BASBF is accredited member of Network of International Business Schools.

As a member of Prime Networking association, BASBF participates in various research projects with academic staff and students to develop research competences. BASBF annually organizes various international guest lecturer and project weeks, and together with two partner universities the international scientific conference that provides a good international platform for further dissemination of project results.

BASBF was a project leader of successfully managed LLP Erasmus project 2013-1-LV1-ERA10-05531 “Data Science for Business and Government”; previously mentioned Erasmus+ KA2 project and participated in EK COSME program – Erasmus for Young Entrepreneurs project COS-EYE-2015-4-01 „StartUp – Start, run and grow your business”


Team of BASBF