Executive
Education
Courses

Take Executive Education courses at Riga Business School to keep up with the latest developments in business education. Whether you’re a recent graduate or it’s been years since you called yourself a student, we welcome you to continue growing. This is an opportunity for you to develop and update your talents.

Executive
Education
Courses

Take Executive Education courses at Riga Business School to keep up with the latest developments in business education. Whether you’re a recent graduate or it’s been years since you called yourself a student, we welcome you to continue growing. This is an opportunity for you to develop and update your talents.

Apr 21 – May 19

Fridays,

9 am – 1 pm

In-Person

Daniels Pavļuts

Advanced Business Negotiation

This is an advanced, highly practical negotiation skills course exploring both strategic and structural aspects of negotiation and tactical skills for success. The course covers a range of topics on classical two-party negotiation, multiparty negotiation, cross-cultural and cross-generational negotiation, dealing with difficult partners and mean tactics, and disarming manipulation at the negotiating table.
This hands-on course is intended for senior business managers and business owners, for whom professional life and definition of success revolves around making successful deals and getting their way in negotiation. The course assumes that participants have previous basic negotiation training and/or sizeable practical experience in business negotiation.

Module I:
NEGOTIATION FUNDAMENTALS
• Do’s and Don’ts of negotiation
• Win-win vs. Positional bargaining
• Structural elements of negotiation – the What?
• Mutual Gains Approach and other approaches
Module II
NEGOTIATION SKILLS AND TACTICS
• Tactical elements of negotiation – the How?
• The empathy imperative
• Communication skills for success
• Managing oneself
Module III
DEALING WITH DIFFICULT PARTNERS AND CONFLICT
• Dealing with difficult negotiation partners
• Identifying and disarming manipulation
• Conflict management essentials
Module IV
MULTIPARTY AND CROSS-CULTURAL NEGOTIATION
• Multiparty dynamics
• Coalition building principles
• Essentials of cross-cultural negotiation
Module V
READING PEOPLE
WRAP-UP
• Negotiation styles and types
• Negotiating complex multi-issue deals
• Negotiation preparation for success

Advanced Business Negotiation course is priced at 970 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

Advanced Business Negotiation

Daniels Pavļuts

Apr 21 – May 19

Fridays,

9 am – 1 pm

In-Person

This is an advanced, highly practical negotiation skills course exploring both strategic and structural aspects of negotiation and tactical skills for success. The course covers a range of topics on classical two-party negotiation, multiparty negotiation, cross-cultural and cross-generational negotiation, dealing with difficult partners and mean tactics, and disarming manipulation at the negotiating table.
This hands-on course is intended for senior business managers and business owners, for whom professional life and definition of success revolves around making successful deals and getting their way in negotiation. The course assumes that participants have previous basic negotiation training and/or sizeable practical experience in business negotiation.

Module I:
NEGOTIATION FUNDAMENTALS
• Do’s and Don’ts of negotiation
• Win-win vs. Positional bargaining
• Structural elements of negotiation – the What?
• Mutual Gains Approach and other approaches
Module II
NEGOTIATION SKILLS AND TACTICS
• Tactical elements of negotiation – the How?
• The empathy imperative
• Communication skills for success
• Managing oneself
Module III
DEALING WITH DIFFICULT PARTNERS AND CONFLICT
• Dealing with difficult negotiation partners
• Identifying and disarming manipulation
• Conflict management essentials
Module IV
MULTIPARTY AND CROSS-CULTURAL NEGOTIATION
• Multiparty dynamics
• Coalition building principles
• Essentials of cross-cultural negotiation
Module V
READING PEOPLE
WRAP-UP
• Negotiation styles and types
• Negotiating complex multi-issue deals
• Negotiation preparation for success

Advanced Business Negotiation course is priced at 970 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

May 8 – Aug 14

Mondays,

6 pm – 9 pm

Remote

Raivis Lucijanovs

Financial Managerial Accounting

This course aims to equip students with the fundamental concepts, principles, and practices of modern financial accounting and managerial accounting. By the end of the course, students will possess the knowledge and skills necessary to intelligently use accounting reports.

The course will approach the topics from the perspective of the accounting information user, emphasizing the essential information that users need to know about accounting. Students will gain a practical understanding of how accounting information is prepared and utilized, with a focus on developing their ability to interpret and analyze financial statements.

Overall, this course provides a comprehensive introduction to accounting that empowers students with the knowledge and tools necessary to make informed business decisions.

Class 1 Introduction to Financial Accounting and Managerial Accounting
Preview of the Course
Class 2 Introduction to Financial Accounting and Managerial Accounting
Preview of the Course
Class 3 The Accounting Cycle: Capturing Economic Events
The Accounting Cycle: Accruals and Deferrals
The Accounting Cycle: Reporting Financial Results
Class 4 Case Study 1: Part I (Individual)
Practical session
Class 5 Case Study 1: Part II (Individual)
Merchandising Activities
Inventories and the Cost of Goods Sold
Class 6 Financial Assets
Plant and Intangible Assets
Class 7 Case Study 2 (Group)
Liabilities
Stockholders’ Equity: Paid-In Capital
Revenue Recognition and Reporting Results of Operations
Midterm break No Class
Class 8 Statement of Cash Flows
Class 9 Management Accounting: A Business Partner
Cost-Volume-Profit Analysis
Class 10 Job Order Cost Systems and Overhead Allocations
Process Costing
Class 11 Case Study 3 (Group)
Responsibility Accounting and Transfer Pricing
Operational Budgeting
Class 12 Incremental Analysis
Class 13 Case Study 4 (Group)
Comprehensive Course Review for the Final Exam
Class 14 Final Exam

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

Financial Managerial Accounting

Raivis Lucijanovs

May 8 – Aug 14

Mondays,

6 pm – 9 pm

Remote

This course aims to equip students with the fundamental concepts, principles, and practices of modern financial accounting and managerial accounting. By the end of the course, students will possess the knowledge and skills necessary to intelligently use accounting reports.

The course will approach the topics from the perspective of the accounting information user, emphasizing the essential information that users need to know about accounting. Students will gain a practical understanding of how accounting information is prepared and utilized, with a focus on developing their ability to interpret and analyze financial statements.

Overall, this course provides a comprehensive introduction to accounting that empowers students with the knowledge and tools necessary to make informed business decisions.

Class 1 Introduction to Financial Accounting and Managerial Accounting
Preview of the Course
Class 2 Introduction to Financial Accounting and Managerial Accounting
Preview of the Course
Class 3 The Accounting Cycle: Capturing Economic Events
The Accounting Cycle: Accruals and Deferrals
The Accounting Cycle: Reporting Financial Results
Class 4 Case Study 1: Part I (Individual)
Practical session
Class 5 Case Study 1: Part II (Individual)
Merchandising Activities
Inventories and the Cost of Goods Sold
Class 6 Financial Assets
Plant and Intangible Assets
Class 7 Case Study 2 (Group)
Liabilities
Stockholders’ Equity: Paid-In Capital
Revenue Recognition and Reporting Results of Operations
Midterm break No Class
Class 8 Statement of Cash Flows
Class 9 Management Accounting: A Business Partner
Cost-Volume-Profit Analysis
Class 10 Job Order Cost Systems and Overhead Allocations
Process Costing
Class 11 Case Study 3 (Group)
Responsibility Accounting and Transfer Pricing
Operational Budgeting
Class 12 Incremental Analysis
Class 13 Case Study 4 (Group)
Comprehensive Course Review for the Final Exam
Class 14 Final Exam

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

May 9 – Aug 15

Tuesdays,

6 pm – 9 pm

In-person

Konstantīns Oševerovs

IT Project Management

Projects are temporary organizations set up to achieve a specific (unique) objective in an agreed time frame. Projects require thorough planning, budgeting, staffing, and risk management. Adaptive Agile frameworks recently emerged, but fundamental project management concepts remain unchanged and are still used by organizations worldwide.
The course aims to familiarize students with fundamental project management concepts. You will explore project management tools and techniques, analyze case studies based on actual events, and take the project manager seat while working with your team on the course project. We will discuss the critical project success factors, reasons for failures, and how to effectively manage project constraints in a predictive (waterfall) or adaptive (agile) way.

Class 1 Introduction
Syllabus and course structure; IT industry overview;
Agile project management (Scrum)
Class 2 Project Management Framework (Part 1)
Basic definitions and concepts of the Project Management Professional (PMP) approach
Class 3 Project Management Framework (Part 2)
Systems approach; Organizational factors; Project life cycle; Methodologies; Process groups
Class 4 Integration Management
Strategic project selection; Project value analysis (NPV, ROI, Payback); Project charter; Management plan; Project execution, monitoring, and control
Class 5 Project Examples
Predictive project overview; Adaptive project overview;
Case study #1
Class 6 Scope and Communication
Requirements; Work Breakdown Structure (WBS); Managing Communications
Class 7 Project Stakeholders

Stakeholder register; Power/interest grid; Expectations management matrix; Issue log

Midterm break No Class
Class 8 Schedule Management
Task sequencing, relationships and dependencies; Network diagram; Duration estimation; Gantt chart; Critical path;
Case study #2
Class 9 Resource Management
Leadership; Project organization; RACI; Staffing management plan; Estimating activities; Assigning resources; Conflict management
Class 10 Cost Management
Types of costs; Contingency reserves; Cost estimating techniques; Project budget; Earned value management;
Case study #3
Class 11 Procurement
Make-or-buy decision; Contract types; Statement of work; RFP, RFI, RFQ
Class 12 Risk Management
Typical risks and mitigation; Risk identification and analysis techniques; Contingency plan;
Case study #4
Class 13 Quality Management
Essential tools; Six Sigma; Software testing; Maturity model
Class 14 Final Project Presentations

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

IT Project Management

Konstantīns Oševerovs

May 9 – Aug 15

Tuesdays,

6 pm – 9 pm

In-person

Projects are temporary organizations set up to achieve a specific (unique) objective in an agreed time frame. Projects require thorough planning, budgeting, staffing, and risk management. Adaptive Agile frameworks recently emerged, but fundamental project management concepts remain unchanged and are still used by organizations worldwide.
The course aims to familiarize students with fundamental project management concepts. You will explore project management tools and techniques, analyze case studies based on actual events, and take the project manager seat while working with your team on the course project. We will discuss the critical project success factors, reasons for failures, and how to effectively manage project constraints in a predictive (waterfall) or adaptive (agile) way.

Class 1 Introduction
Syllabus and course structure; IT industry overview;
Agile project management (Scrum)
Class 2 Project Management Framework (Part 1)
Basic definitions and concepts of the Project Management Professional (PMP) approach
Class 3 Project Management Framework (Part 2)
Systems approach; Organizational factors; Project life cycle; Methodologies; Process groups
Class 4 Integration Management
Strategic project selection; Project value analysis (NPV, ROI, Payback); Project charter; Management plan; Project execution, monitoring, and control
Class 5 Project Examples
Predictive project overview; Adaptive project overview;
Case study #1
Class 6 Scope and Communication
Requirements; Work Breakdown Structure (WBS); Managing Communications
Class 7 Project Stakeholders

Stakeholder register; Power/interest grid; Expectations management matrix; Issue log

Midterm break No Class
Class 8 Schedule Management
Task sequencing, relationships and dependencies; Network diagram; Duration estimation; Gantt chart; Critical path;
Case study #2
Class 9 Resource Management
Leadership; Project organization; RACI; Staffing management plan; Estimating activities; Assigning resources; Conflict management
Class 10 Cost Management
Types of costs; Contingency reserves; Cost estimating techniques; Project budget; Earned value management;
Case study #3
Class 11 Procurement
Make-or-buy decision; Contract types; Statement of work; RFP, RFI, RFQ
Class 12 Risk Management
Typical risks and mitigation; Risk identification and analysis techniques; Contingency plan;
Case study #4
Class 13 Quality Management
Essential tools; Six Sigma; Software testing; Maturity model
Class 14 Final Project Presentations

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

May 9 – Aug 15

Tuesdays,

6 pm – 9 pm

In-person
practical work

Remote lectures

Aldis Ērglis

Modern BI Tools and Techniques for Enterprise Analysis

Max 20 seats.
The current business environment requires managers to understand many aspects and use cases of data for business and the creation of data-driven business culture. It is not limited any more to the usage of data or analytical insights, it includes management of data-driven processes, like data strategy, data stewardship and others.
The Modern Business Intelligence for data-driven decision-making course is a 14-week program specifically designed for all levels of managers and knowledge workers. The main goal of the course is to give an understanding of modern BI approaches and techniques and get practical skills working with the leading BI platform – Microsoft Power BI.
This course aims to give students an understanding of the role of Business Intelligence concepts, approaches, and technologies in a modern business environment. At the same providing practical experience and deep dive into one of the most popular Self-Service BI tools – Microsoft Power BI to create skills for ad-hoc analysis and data preparation for decision-making on any managerial level.
Every lecture will include practical work with Microsoft Power BI Desktop and other tools.
Other unique aspects of the course include:
– Focuses on how organizations build capabilities using BI;
– Sharing best practices – globally and from Latvia – in the area of BI;
– Build practical skills in using Microsoft Power BI.

Class 1 (in-person) The strategic role of BI in the modern organization
Class 2 (remote) The strategic role of BI in the modern organization
Class 3 (in-person) Data visualization techniques for business decision making
Class 4 (remote) Data sources and data preparation
Class 5 (in-person) Data modelling and semantic structures
Class 6 (remote) Principles of creation of calculated metrics and KPIs
Class 7 (in-person) End-to-end BI solution development (Coursework)
Midterm break No Class
Class 8 (remote) Advanced visualization techniques
Class 9 (in-person) Process mining as a process analysis approach
Class 10 (remote) Process mining as a process analysis approach
Class 11 (in-person) Business data analysis – Finance, budgeting
Class 12 (remote) Business data analysis – Finance, budgeting
Class 13 (remote) Machine Learning and Artificial Intelligence in Power BI
Class 14 (in-person) End-to-end advanced analytics BI solution development (Coursework)
Class 14 Final Project Presentations

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

Modern BI Tools and Techniques for Enterprise Analysis

Aldis Ērglis

May 9 – Aug 15

Tuesdays,

6 pm – 9 pm

In-person
practical work

Remote lectures

Max 20 seats.
The current business environment requires managers to understand many aspects and use cases of data for business and the creation of data-driven business culture. It is not limited any more to the usage of data or analytical insights, it includes management of data-driven processes, like data strategy, data stewardship and others.
The Modern Business Intelligence for data-driven decision-making course is a 14-week program specifically designed for all levels of managers and knowledge workers. The main goal of the course is to give an understanding of modern BI approaches and techniques and get practical skills working with the leading BI platform – Microsoft Power BI.
This course aims to give students an understanding of the role of Business Intelligence concepts, approaches, and technologies in a modern business environment. At the same providing practical experience and deep dive into one of the most popular Self-Service BI tools – Microsoft Power BI to create skills for ad-hoc analysis and data preparation for decision-making on any managerial level.
Every lecture will include practical work with Microsoft Power BI Desktop and other tools.
Other unique aspects of the course include:
– Focuses on how organizations build capabilities using BI;
– Sharing best practices – globally and from Latvia – in the area of BI;
– Build practical skills in using Microsoft Power BI.

Class 1 (in-person) The strategic role of BI in the modern organization
Class 2 (remote) The strategic role of BI in the modern organization
Class 3 (in-person) Data visualization techniques for business decision making
Class 4 (remote) Data sources and data preparation
Class 5 (in-person) Data modelling and semantic structures
Class 6 (remote) Principles of creation of calculated metrics and KPIs
Class 7 (in-person) End-to-end BI solution development (Coursework)
Midterm break No Class
Class 8 (remote) Advanced visualization techniques
Class 9 (in-person) Process mining as a process analysis approach
Class 10 (remote) Process mining as a process analysis approach
Class 11 (in-person) Business data analysis – Finance, budgeting
Class 12 (remote) Business data analysis – Finance, budgeting
Class 13 (remote) Machine Learning and Artificial Intelligence in Power BI
Class 14 (in-person) End-to-end advanced analytics BI solution development (Coursework)
Class 14 Final Project Presentations

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

May 10 – Aug 16

Wednesdays,

6 pm – 9 pm

In-person

Mike Wells

Smart Startup: AI-Guided Business Plan and Pitch Development

This course is designed to help students brainstorm and develop business ideas, conduct market research, narrow down choices, create a business plan, and develop a pitch deck with the assistance of artificial intelligence. The principles of entrepreneurship will be presented and students will learn how to utilize AI to guide their decision-making and streamline the business development process. By the end of the course, students will understand entrepreneurship theory and will have developed a business plan and pitch deck for their startup idea, which they can use to seek funding or launch their business.

Class 1 Introduction to Smart Startup and AI Ideation
Class 2 Market Research and Competitor Analysis
Class 3 Lean Startup Principles and Funding
Class 4 Customer Segmentation and Targeting
Class 5 Business Model Development
Class 6 Business Planning and Pitching
Class 7 Intellectual Property and Barriers to Entry
Midterm break No Class
Class 8 Financial Planning and Cash Flow
Class 9 Pitch Deck Development
Class 10 Building Entrepreneurial Teams
Class 11 Growth and Scalability
Class 12 Alternative Approaches to Traditional Entrepreneurship
Class 13 Hypergrowth Strategies and Elevator Pitches
Class 14 Final Presentations and Review

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

Smart Startup: AI-Guided Business Plan and Pitch Development

Mike Wells

May 10 – Aug 16

Wednesdays,

6 pm – 9 pm

In-person

This course is designed to help students brainstorm and develop business ideas, conduct market research, narrow down choices, create a business plan, and develop a pitch deck with the assistance of artificial intelligence. The principles of entrepreneurship will be presented and students will learn how to utilize AI to guide their decision-making and streamline the business development process. By the end of the course, students will understand entrepreneurship theory and will have developed a business plan and pitch deck for their startup idea, which they can use to seek funding or launch their business.

Class 1 Introduction to Smart Startup and AI Ideation
Class 2 Market Research and Competitor Analysis
Class 3 Lean Startup Principles and Funding
Class 4 Customer Segmentation and Targeting
Class 5 Business Model Development
Class 6 Business Planning and Pitching
Class 7 Intellectual Property and Barriers to Entry
Midterm break No Class
Class 8 Financial Planning and Cash Flow
Class 9 Pitch Deck Development
Class 10 Building Entrepreneurial Teams
Class 11 Growth and Scalability
Class 12 Alternative Approaches to Traditional Entrepreneurship
Class 13 Hypergrowth Strategies and Elevator Pitches
Class 14 Final Presentations and Review

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

May 8 – Jun 23

Mondays and Thursdays,

6 pm – 9 pm

In-person, 2x week

Inese Muzikante

Elza Priede

Personal and Career Development

Max 28 seats.
The Personal and Career Development course is designed to equip students with the skills and confidence to make informed decisions about their personal and professional aspirations. Through this course, you will learn how to develop and implement a career plan (Leader’s Journal) that aligns with your life’s goals and purpose.
Our aim is to empower you to pursue your passions and unlock your highest potential. We will guide you through a four-part program that will help you discover your values, vision, and competencies. In the first part, you will gain a deeper understanding of yourself and your goals. In the second part, we will help you align your career plan with your life’s bigger picture. In the third and fourth part, we will provide you with the tools and techniques to implement your plans and achieve your goals.
Our approach is highly practical and interactive. You will engage in a range of activities, such as case studies, tests, exercises, group discussions, workshops, and readings. Throughout the course, you will maintain a learning log to reflect on your progress and insights.
Ultimately, this course will help you build strong relationships and networks, both personally and professionally. You will gain the confidence and skills to make informed decisions, take action, and create a fulfilling life and career.

Part 1: Taking ownership of your life

Class 1 Self-leadership and purpose
Class 2 Self-awareness
Class 3 Core personal values
Class 4 Design thinking for career planning
Class 5 Building personal vision and strategy

Part 2: Taking ownership of your career

Class 6 Managing the career by personal vision, Kaleidoscope
Class 7 Assessment of context and competencies
Class 8 Career Development Plan
Class 9 Risk, recovery, and resilience

Part 3: Taking ownership of your daily agenda

Class 10 Life Balance and Time Management
Class 11 Growing through coaching and sports spirit

Part 4: Taking ownership of your relationships

Class 12 The art of friendship and partnership, Personal development network exercise
Class 13 Presentations
Class 14 Informal closing, indoor/Outdoor activity

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

Personal and Career Development

Inese Muzikante

Elza Priede

May 8 – Jun 23

Mondays and Thursdays,

6 pm – 9 pm

In-person, 2x week

Max 28 seats.
The Personal and Career Development course is designed to equip students with the skills and confidence to make informed decisions about their personal and professional aspirations. Through this course, you will learn how to develop and implement a career plan (Leader’s Journal) that aligns with your life’s goals and purpose.
Our aim is to empower you to pursue your passions and unlock your highest potential. We will guide you through a four-part program that will help you discover your values, vision, and competencies. In the first part, you will gain a deeper understanding of yourself and your goals. In the second part, we will help you align your career plan with your life’s bigger picture. In the third and fourth part, we will provide you with the tools and techniques to implement your plans and achieve your goals.
Our approach is highly practical and interactive. You will engage in a range of activities, such as case studies, tests, exercises, group discussions, workshops, and readings. Throughout the course, you will maintain a learning log to reflect on your progress and insights.
Ultimately, this course will help you build strong relationships and networks, both personally and professionally. You will gain the confidence and skills to make informed decisions, take action, and create a fulfilling life and career.

Part 1: Taking ownership of your life

Class 1 Self-leadership and purpose
Class 2 Self-awareness
Class 3 Core personal values
Class 4 Design thinking for career planning
Class 5 Building personal vision and strategy

Part 2: Taking ownership of your career

Class 6 Managing the career by personal vision, Kaleidoscope
Class 7 Assessment of context and competencies
Class 8 Career Development Plan
Class 9 Risk, recovery, and resilience

Part 3: Taking ownership of your daily agenda

Class 10 Life Balance and Time Management
Class 11 Growing through coaching and sports spirit

Part 4: Taking ownership of your relationships

Class 12 The art of friendship and partnership, Personal development network exercise
Class 13 Presentations
Class 14 Informal closing, indoor/Outdoor activity

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

Jul 3 – Aug 18

Tuesdays and Thursdays,

6 pm – 9 pm

In-person, 2x week

Justin Bancroft

Corporate Governance

Latvia’s recent accession to the Organization for Economic Cooperation and Development (OECD) marks a significant milestone in the country’s development. To support this achievement, Latvia has introduced reforms to the governance process for state-owned enterprises, as well as changes for the private sector. This course aims to provide students with a comprehensive understanding of Corporate Governance, both from an international and Latvian perspective, preparing them for roles as corporate directors in public, private, and state-owned enterprises.

By utilizing case studies, research, and discussions, this course seeks to achieve specific objectives, including

  • Applying the principles of corporate governance, oversight, and control
  • Distinguishing between governance, management, internal control, and stakeholder interests
  • Implementing governance structures across public, private, non-governmental, and state-owned enterprises
  • Evaluating an organization’s level of corporate governance based on corporate reporting, published financial reports, and other information
  • Understanding the significance of corporate governance concepts such as corporate social responsibility and ethics in decision-making processes

To ensure that the course content is relevant to the Latvian business environment, we will examine current best practices in Europe and North America and explore how these can be adopted in Latvia. By the end of the course, students will have a deep understanding of corporate governance principles and how they can be practically applied in various organizational settings.

Class 1 History and Theories of the Corporation
Board Communications Exercises
Class 2 Shareholders
Board Communications Exercises
Class 3 Case Study
Class 4 Boards of Directors
Case Study Discussion
Class 5 Executive Compensation as a Governance Issue
Workshop: How To Read A Proxy
Class 6 Shareholder Activism: Institutional Investors, Public Pension Funds, and Activist Investors
Class 7 Corporate Governance Standards
Class 8 Employee Ownership, Profit Sharing, and Broad-based Stock Options Introduction
Class 9 Changes in the Corporation: Public vs Private Companies and Takeovers, Mergers, Spinoffs,
Acquisitions, Privatization, Nationalization, & Startups
Class 10 Management Performance
Class 11 Corporate Ethics/International Corporate Governance
Class 12 Ethics Exercise
Case Study Discussion
Class 13 Group project presentations
Class 14 Group project presentations

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

Corporate Governance

Justin Bancroft

Jul 3 – Aug 18

Tuesdays and Thursdays,

6 pm – 9 pm

In-person, 2x week

Latvia’s recent accession to the Organization for Economic Cooperation and Development (OECD) marks a significant milestone in the country’s development. To support this achievement, Latvia has introduced reforms to the governance process for state-owned enterprises, as well as changes for the private sector. This course aims to provide students with a comprehensive understanding of Corporate Governance, both from an international and Latvian perspective, preparing them for roles as corporate directors in public, private, and state-owned enterprises.

By utilizing case studies, research, and discussions, this course seeks to achieve specific objectives, including

  • Applying the principles of corporate governance, oversight, and control
  • Distinguishing between governance, management, internal control, and stakeholder interests
  • Implementing governance structures across public, private, non-governmental, and state-owned enterprises
  • Evaluating an organization’s level of corporate governance based on corporate reporting, published financial reports, and other information
  • Understanding the significance of corporate governance concepts such as corporate social responsibility and ethics in decision-making processes

To ensure that the course content is relevant to the Latvian business environment, we will examine current best practices in Europe and North America and explore how these can be adopted in Latvia. By the end of the course, students will have a deep understanding of corporate governance principles and how they can be practically applied in various organizational settings.

Class 1 History and Theories of the Corporation
Board Communications Exercises
Class 2 Shareholders
Board Communications Exercises
Class 3 Case Study
Class 4 Boards of Directors
Case Study Discussion
Class 5 Executive Compensation as a Governance Issue
Workshop: How To Read A Proxy
Class 6 Shareholder Activism: Institutional Investors, Public Pension Funds, and Activist Investors
Class 7 Corporate Governance Standards
Class 8 Employee Ownership, Profit Sharing, and Broad-based Stock Options Introduction
Class 9 Changes in the Corporation: Public vs Private Companies and Takeovers, Mergers, Spinoffs,
Acquisitions, Privatization, Nationalization, & Startups
Class 10 Management Performance
Class 11 Corporate Ethics/International Corporate Governance
Class 12 Ethics Exercise
Case Study Discussion
Class 13 Group project presentations
Class 14 Group project presentations

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

May 10 – Aug 16

Wednesdays,

6 pm – 9 pm

In-person

Raimonds Lieksnis

Darja Junusova

Supply Chain Management

This course focuses on management and improvement of supply chain processes and performance. It will be valuable for students who would like to pursue a career in consulting or take a position in operations, marketing, or finance functions in a manufacturing or distribution firm. We explore important supply chain metrics, primary trade-offs in making supply chain decisions, and basic tools for effective and efficient supply chain management, production planning and inventory control, order fulfillment, and supply chain coordination. We will also investigate topics such as global supply chain design, logistics, and outsourcing, several other recent supply chain innovations.

The course will be based on a series of lectures and will make use of cases and student presentations as well as class discussion. Students get experience in preparing and presenting an investment case to investors by preparing and presenting the term paper.

Class 1 Introduction to Supply Chain Management and Supply Chain Strategy
Class 2 Supply Chain Performance Metrics and Drivers
Class 3 Distribution Network in a Supply Chain and Network Design
Class 4 Global Supply Chain Networks
Class 5 Demand Forecasting and Aggregate Planning
Class 6 Sales and Operations Planning
Class 7 Midterm exam (topics covered in Classes 1 -6)
Midterm break No Class
Class 8 Managing Cycle and Safety Inventory.
Class 9 Managing Product Availability
Class 10 Logistics and Managing Transportation
Class 11 Sourcing and Coordination in a Supply Chains, Bullwhip effect
Class 12 Pricing and Revenue Management
Class 13 IT in a Supply Chain
Class 14 Final exam (Comprehensive)

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

Supply Chain Management

Raimonds Lieksnis

Darja Junusova

May 10 – Aug 16

Wednesdays,

6 pm – 9 pm

In-person

This course focuses on management and improvement of supply chain processes and performance. It will be valuable for students who would like to pursue a career in consulting or take a position in operations, marketing, or finance functions in a manufacturing or distribution firm. We explore important supply chain metrics, primary trade-offs in making supply chain decisions, and basic tools for effective and efficient supply chain management, production planning and inventory control, order fulfillment, and supply chain coordination. We will also investigate topics such as global supply chain design, logistics, and outsourcing, several other recent supply chain innovations.

The course will be based on a series of lectures and will make use of cases and student presentations as well as class discussion. Students get experience in preparing and presenting an investment case to investors by preparing and presenting the term paper.

Class 1 Introduction to Supply Chain Management and Supply Chain Strategy
Class 2 Supply Chain Performance Metrics and Drivers
Class 3 Distribution Network in a Supply Chain and Network Design
Class 4 Global Supply Chain Networks
Class 5 Demand Forecasting and Aggregate Planning
Class 6 Sales and Operations Planning
Class 7 Midterm exam (topics covered in Classes 1 -6)
Midterm break No Class
Class 8 Managing Cycle and Safety Inventory.
Class 9 Managing Product Availability
Class 10 Logistics and Managing Transportation
Class 11 Sourcing and Coordination in a Supply Chains, Bullwhip effect
Class 12 Pricing and Revenue Management
Class 13 IT in a Supply Chain
Class 14 Final exam (Comprehensive)

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

May 11 – Aug 17

Thursdays,

6 pm – 9 pm

In-person

Katrīna Jaunušāne

Consumer Behavior

Max 15 seats.

This course aims to explain the complexity of human nature and the decision-making process. You can expect several teaching methods to be used throughout this course: lectures, reading, podcast listening, group discussions, debate, practice by doing, and teaching others.

By successfully completing this course, you will be able to:

Understand biases that influence human decisions and be able to mitigate their effects

Grasp the complexity of the human brain

Be aware of the latest trends such as web 3, NFTs, and metaverse and emerging shifts in consumer behavior as a result

Know how to influence people

Studies cite that the average person retains 90% of what they learn when they teach the concept or immediately put it into practice. Therefore, you will be asked to do both – a)convey some part of the content to your classmates and b) influence people in your life by applying gained knowledge. For that Robert B. Cialdini “Influence the psychology of persuasion” will be a must-read.

Class 1 Introduction & 2 Theories of Consumer Behavior
Class 2 How our brain works
Class 3 Debate: Usage of Neuromarketing in consumer product development – manipulation or not?
Class 4 Why do we do what we do? Consumer motivation, perception and attitudes
Class 5 Persuasion: Reciprocity & Liking
Class 6 Persuasion: Scarcity & Authority
Class 7 Debate: Use of consumer data – invasion of privacy or best possible offerings
Midterm break No Class
Class 8 Persuasion: Commitment and consistency
Class 9 Persuasion: Social proof
Class 10 Retail management and consumer behavior
Class 11 Cross-cultural consumer behavior
Class 12 Persuasion: Unity
Class 13 Debate: The influence of consumer decision making by artificial intelligence and algorithms
Class 14 Final project presentations

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

Consumer Behavior

Katrīna Jaunušāne

May 11 – Aug 17

Thursdays,

6 pm – 9 pm

In-person

Max 15 seats.

This course aims to explain the complexity of human nature and the decision-making process. You can expect several teaching methods to be used throughout this course: lectures, reading, podcast listening, group discussions, debate, practice by doing, and teaching others.

By successfully completing this course, you will be able to:

Understand biases that influence human decisions and be able to mitigate their effects

Grasp the complexity of the human brain

Be aware of the latest trends such as web 3, NFTs, and metaverse and emerging shifts in consumer behavior as a result

Know how to influence people

Studies cite that the average person retains 90% of what they learn when they teach the concept or immediately put it into practice. Therefore, you will be asked to do both – a)convey some part of the content to your classmates and b) influence people in your life by applying gained knowledge. For that Robert B. Cialdini “Influence the psychology of persuasion” will be a must-read.

Class 1 Introduction & 2 Theories of Consumer Behavior
Class 2 How our brain works
Class 3 Debate: Usage of Neuromarketing in consumer product development – manipulation or not?
Class 4 Why do we do what we do? Consumer motivation, perception and attitudes
Class 5 Persuasion: Reciprocity & Liking
Class 6 Persuasion: Scarcity & Authority
Class 7 Debate: Use of consumer data – invasion of privacy or best possible offerings
Midterm break No Class
Class 8 Persuasion: Commitment and consistency
Class 9 Persuasion: Social proof
Class 10 Retail management and consumer behavior
Class 11 Cross-cultural consumer behavior
Class 12 Persuasion: Unity
Class 13 Debate: The influence of consumer decision making by artificial intelligence and algorithms
Class 14 Final project presentations

Course is priced at 660 Eur + VAT
Requirements to receive the certificate:

  • 80% attendance
  • active participation in classes that includes discussions, group and individual work.

RBS Alumni, American Chamber of Commerce in Latvia, British Chamber
of Commerce in Latvia, Norwegian Chamber of Commerce in Latvia, Latvian
Chamber of Commerce and Industry, Startin.LV, Social Entrepreneurship
Association of Latvia members get a 10% discount!

For more information and consultation please contact:
sandija.berzina@rbs.lv / +371 67089800