Stockholm School of Economics in Riga

Stockholm School of Economics in Riga
Rīgas Ekonomikas augstskola
Type Private
Established 1994
Rector Anders Paalzow
Location Riga, Latvia
Campus Urban
Website www.sseriga.edu
Main building on Riflemen Street.

The Stockholm School of Economics in Riga, (SSE Riga or Latvian: Rīgas Ekonomikas augstskola) is a business school in Riga, Latvia.

The school was founded in 1994 by the Stockholm School of Economics (SSE) with the support of the Swedish government, and the Latvian Ministry of Education on behalf of Latvia.

The mission of SSE Riga is to provide state-of-the-art education in economics and business that contributes to the economic and social development of the region, in particular the Baltic countries. This mission also includes research of relevance to the Baltic countries as well as active participation and promotion of public debate. Since 2010 SSE Riga is owned by a foundation established by the Stockholm School of Economics (SSE), the University of Latvia (LU) and the SSE Riga Alumni Association.

SSE Riga employs variety of teaching methods, including group work, summer internships and case studies, and has exchange programs with many leading business schools in Europe. It is thus not surprising that SSE Riga has quickly built a strong reputation for offering the highest-quality business education among employers and applicants in the Baltics.

Management

Anders Paalzow, Rector of SSE Riga, holds a Ph.D. in Economics from the Stockholm School of Economics. He has served as SSE Riga Rector since July, 1999.

Diana Pauna, Pro-rector of SSE Riga, received her Dr. paed. from the University of Latvia, Faculty of Education, Psychology and Art. She has worked for SSE Riga since its inception in 1994, and has been proactive in initiating, developing and implementing new SSE Riga policies and evaluating and improving departmental procedures.

Degree Programmes

SSE Riga offers two degree programme: The three-year BSc in Economics and Business and the two-year Executive MBA programme. Both programmes are taught in English and a tuition fee is charged. The number of BSc alumni exceeds 1,700 and more than 220 have graduated from the Executive MBA programme.

BSc programme in Economics and Business

125 students every year are admitted to the Bachelor’s programme. About 55% of the undergraduate students are from Latvia, 20% – from Lithuania, and the remaining 25% from Estonia, Moldova, Ukraine, Belarus, Georgia, and Russia. English is the language of instruction. Entrance requirements: state examination results in Mathematics and English, as well as SSE Riga Admission tests in Mathematics, English and Logics. 200 best performers are invited to the interviews.

Executive MBA

The school started a two-year Executive MBA program in 2002. Annual intakes of no more than 30 students comprise the best and brightest in the Baltics with a variety of academic and professional backgrounds. Study tour to Asia is among the highlights of the programme. Entrance requirements: University degree (or equivalent to University degree), work experience (minimum 5 years) and professional achievements.

International Ranking

Financial Times European Business school ranking 2015 has ranked Stockholm School of Economics as the 26th best business university in Europe.[1] SSE Riga is ranked together with its 'mother', the Stockholm School of Economics (SSE), and its 'sister', the Stockholm School of Economics in Russia (SSE Russia). SSE's position in the Euro ranking in 2015 was 26th out of 85 European schools. According to this ranking, SSE Riga is the No. 1 business school in the Baltic/Nordic region.

Executive Education

In addition to the degree programmes, the school offers a number of Executive Education programmes including open and in-house programmes. Open programme portfolio comprises over a dozen programmes. Areas covered include general management and leadership, finance and accounting, strategy and project management, marketing and communication etc.

Centres for Studies & Research

In the field of research SSE Riga cooperates with the Baltic International Centre for Economic Policy Studies (BICEPS), which is an independent research institute undertaking high quality policy-oriented research in economics and other social sciences. Research in the field of entrepreneurship, telecommunications and information technology is undertaken within the framework of the TeliaSonera Institute at SSE Riga. The Centre for Media Studies at SSE Riga was founded in 2009, which provides further education for journalists in the fields of investigative reporting, business reporting, and journalistic ethics. To raise the awareness of sustainable business practices and corporate social responsibility, the Centre for Sustainable Business was founded in 2012. The school also participates in various EU and government-funded research and policy-oriented projects as well as in the preparation of research reports.

Library

The School's library collection holds more than 25,000 books covering the main disciplines of business and economics and is open to the public.

Campus

The School's main building, erected in 1905-06, is located on Strelnieku iela 4a in Riga’s renowned Jugendstil/Art Nouveau district. The district is listed as a UNESCO World Heritage. The Stockholm School of Economics in Riga building is a remarkable structure and an architectural monument of national significance designed by Mikhail Eisenstein (1867-1920). When the School started operations in 1994, the King of Sweden Carl XVI Gustaf opened the renovated Art Nouveau building.

Investment Game

Investment Game is an international stock market simulator, founded in 1997 by the student investment fund at the Stockholm School of Economics in Riga. The simulation's goal is to stimulate public's interest in finance and investment as well as to train the society to invest by providing virtual portfolios. Every year it unites more than 6000 individuals interested in investment, and is claimed to be the biggest event of its kind in the Baltic region.[2][3] The first round of the Investment Game, which lasts for 4 weeks, offers players to develop their skills by trading on 15 European markets, ETFs, ETNs and financial derivatives. The competition offers to trade NASDAQ OMX Helsinki, NASDAQ OMX Stockholm, Russian Trading System, NASDAQ OMX Riga, NASDAQ OMX Tallinn, NASDAQ OMX Vilnius and many others.[4] The second round, which also lasts for 4 weeks, is more advanced – Investment Game ‘12 provides access to international stock markets via trading platform. The contest allows trading on 15 international markets with equities, commodities and other financial instruments.[5]

The Investment Game lasts for two months from March to the beginning of May, when most successful participants are awarded prizes.[6]

Chas has stated that the Investment Game is a very exciting activity and one of the most challenging at the school.[7]

See also

References

External links

Coordinates: 56°57′34″N 24°06′30″E / 56.95944°N 24.10833°E / 56.95944; 24.10833

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