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BA School of Business and Finance of the University of Latvia

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Organisation profile

Organisation profile

The BA School of Business and Finance was established in 1992 and has been registered as a scientific institution since 10 February 2016. Since 31 August 2025, the institution is integrated into the University of Latvia’s scientific ecosystem and continues its operations as an academic unit under the name University of Latvia BA School of Business and Finance (LU BASBF).
The strategic mission of LU BASBF is to provide research-based education in business and finance, fostering academic excellence through close cooperation with internationally recognised academic and industry partners.

Its strategic specialisation lies within the social sciences, with a particular emphasis on green and circular economy, digital finance, strategic resilience, and cybersecurity. Since 2019, the School has significantly expanded its research funding sources and volumes – ranging from internal grants and Erasmus+ partnership and knowledge alliance programmes to competitive national and EU-level programme projects (e.g., ERA-NET, Horizon Europe). It has also carried out commissioned research for public and private sector organisations.

More than 30 staff members are involved in research activities, including 15 lead researchers (comprising 5 full professors and 5 associate professors), as well as researchers, scientific assistants, doctoral students, and master’s students. Since 2023, the institution has received base and performance-based research funding from the Latvian state.

LU BASBF has achieved a remarkable and steadily growing research performance dynamic, reflected in the number and quality of scientific publications, citation metrics, collaboration with internationally recognised researchers and academic institutions and organisations, investment per FTE researcher (1PLE), and other performance indicators.

The School’s vision is to be a leading partner in modern finance and business education in the Baltic Sea Region. Its competitive strengths include high-quality interdisciplinary study programmes, strong links with the business community, advanced digital maturity, and sustainability-oriented governance.

UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. Our work contributes towards the following SDG(s):

  1. SDG 1 - No Poverty
    SDG 1 No Poverty
  2. SDG 3 - Good Health and Well-being
    SDG 3 Good Health and Well-being
  3. SDG 4 - Quality Education
    SDG 4 Quality Education
  4. SDG 5 - Gender Equality
    SDG 5 Gender Equality
  5. SDG 6 - Clean Water and Sanitation
    SDG 6 Clean Water and Sanitation
  6. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy
  7. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  8. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure
  9. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities
  10. SDG 11 - Sustainable Cities and Communities
    SDG 11 Sustainable Cities and Communities
  11. SDG 12 - Responsible Consumption and Production
    SDG 12 Responsible Consumption and Production
  12. SDG 13 - Climate Action
    SDG 13 Climate Action
  13. SDG 14 - Life Below Water
    SDG 14 Life Below Water
  14. SDG 15 - Life on Land
    SDG 15 Life on Land
  15. SDG 16 - Peace, Justice and Strong Institutions
    SDG 16 Peace, Justice and Strong Institutions
  16. SDG 17 - Partnerships for the Goals
    SDG 17 Partnerships for the Goals

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