Management of International Economic Relations

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Management of International Economic Relations

The study programme is designed to educate and train senior specialists, heads of departments in the field of international economic relations or logistics and transport economics in accordance with the global labour market demands. The key emphasis of the study process is placed on the development of professional and practical skills based on scientific achievements, theoretical knowledge and specifics of the particular industry.
The study programme envisages specialization in two directions:
- international economic relations management,
- business logistics and transport economics.
Taking into consideration the specifics of the industry, some study courses are implemented in the English language in order to directly improve the use of professional terminology related to international business development and to promote successful cooperation with foreign institutions, organizations and companies. The academic staff of the university as well as industry representatives and highly trained practitioners with practical experience built up in companies and institutions of the relevant field are involved in the study process implementation.
In English the study program is being implemented only as full-time intramural studies.

Short about programme
Department
Faculty of Engineering Economics and Management
Programme type and level
Professional Master (Second Cycle) Studies
Study field
Management and Administration, Real Estate Management
Language
English
Study form
Full-time studies
Venue
Riga

1. version
Awarded degree and qualification
Professional master degree in management of international economic relations / organisation manager
Required previous education
Professional bachelor degree and/ or sixth (fifth*) level professional qualification in the field of social science, or comparable education
* The levels of professional qualification which are in force until 31 July 2022
Price per year
€ 3 910 - EU countries
€ 3 910 - Non EU countries
Credit point/ECTS amount
60/90
Duration of studies
Full-time studies - 1.5 years
Intake
Autumn

2. version
Awarded degree and qualification
Professional master degree in management of international economic relations / organisation manager
Required previous education
Academic bachelor degree in the fields of law, engineering science and technologies, manufacturing and processing or civil engineering, or comparable education
Price per year
€ 3 910 - EU countries
€ 3 910 - Non EU countries
Credit point/ECTS amount
100/150
Duration of studies
Full-time studies - 2.5 years
Intake
Autumn
Aim

The aim of the study program is to improve and develop professional, research and creative skills for work in the fields of international relations, logistics or management of transport economy. To prepare qualified specialists for the national economy, providing theoretical knowledge and practical skills, expanding the understanding of professional activities and promoting social responsibility within the competence. The acquired knowledge and skills should provide the graduate with a basis for doctoral studies and independent research.

Tasks

The tasks of the study program:
- to provide competitive education at international level in the fields of organization, management or logistics of international business and transport economics in line with the requirements of the master's level, profession standard qualification and international standards;
- to provide students with comprehensive knowledge, to develop analytical thinking, to develop skills and competences, as well as to promote practical work skills, preparing students for the labour market;
- to ensure the development and improvement of the content of the study program, the study process as well as the scientific research work in accordance with international practice and the latest software, scientific and technological discoveries and innovative methods;
- to stimulate students' interest in further professional development and improvement of academic knowledge, to continue their studies at Doctoral level, in-service training, as well as to develop interest in research work and to promote the use of these skills;
- to encourage cooperation between students and academic staff in the field of scientific research, the practical application of the results of the research both in the study process and in practice, and to encourage international mobility and participation in local and international projects;
- to stimulate students' interest in social processes and to develop ethical and socially responsible personalities.

Courses
Career

The graduates of the study programme with the specialization in international economic relations can build their careers in the sphere of international business, trade and international chains (corporate networks), as well as in various industrial, trade and service enterprises, by developing the international marketing strategy of export and trading divisions and departments, as well as by developing and searching for new market opportunities and cooperation partners all over the world. Graduates can also work at the institutions of the European Union, national and local government institutions and non-governmental organizations in Latvia and abroad.
The managers and specialists of external and international relations departments perform creative and innovative planning and implementation of foreign and international relations strategy and tactics in accordance with their job objectives; analyse and evaluate international economic relations issues and plans; coordinate and supervise the work of the department; coordinate their activities with the manager of the enterprise, government or non-governmental institution, as well as collaborate with other department managers.
The graduates of the study programme with the specialization in business logistics and transport economics work at companies engaged in logistics, international and domestic cargo or passenger transportation, wholesale trade, retail trade, manufacturing and services, as well as at state and local government institutions, whose activities are related to transport and/or logistics industry or which ensure logistics service management and organization.
The manager of logistics department monitors the quality of logistics services; defines the company policy in logistics processes; executes general supervision of supplier performance, and a policy of cooperation with suppliers and buyers of goods and services; provides control and analysis of the level of logistics costs in the enterprise, optimization management; together with the administration, marketing, purchasing or sales professionals develops the strategy of the company's inventory management; collaborates with other departments of the company; at the strategic level is responsible for establishment of goods and services distribution channels and supply chains, including the locations of warehouses and choice of transport modes and their combinations, cost optimization; manages and administers the logistics department staff; ensures and manages international sea, air, land or intermodal cargo transportation; provides passenger flow analysis and cost level management in passenger transportation; if necessary implements flow optimization; monitors passenger satisfaction level in collaboration with quality control specialists; sets the route planning methodology in accordance with passenger flows; ensures passenger service regularity and adequacy; provides and manages international sea, air, road or rail passenger services.

Further

Doctoral studies.

Specific conditions

None.