Profesionālā maģistra studiju programma

SOURCES OF FINANCE AND PROVISION OF INFRASTRUCTURE

Only the financial resources of SBAT are allocated to the implementation of the programme. With the beginning of academic year 2009/2010 the doctoral study programme tuition fee has been reduced to 1500 LVL / year.

1.12.Structural units involved in the implementation of the programme

Different SBAT structural units are involved in the implementation of the programme.

The basic education process is carried out by the department and the study programme is coordinated by the programme director.

The following departments are involved in the implementation of the Doctoral study programme "Communication Management" (refer. Table 4.)

Table 4. Department involved in the implementation of the programme

Department	Study disciplines they are responsible for
Department of Private Law	Commercial law and communication law
Department of Languages	Foreign language
Department of Communication Science	Higher education pedagogy and management; Strategic issues management and communication management models; Scientific research methodology and research methods; Doctoral theoretical seminars and individual research work; Participation in implementation of Bachelor and Postgraduate programmes; Contemporary mass communication theories; Integrated marketing communication; Knowledge and innovation management; Business communication culture; Management and communication psychology; Public administration and government communication; Risk and crisis communication; Contemporary social processes and social management; Communication Science and journalism; Economic analysis of interaction of public relations and journalism; International politics and communication; Advertising and brand management; Compilation of doctoral theses

1.13.Support personnel involved in the implementation of the programme

A variety of support personnel are involved in the provision of the study process for the implementation of the programme. The main personnel would comprise the following:

- planning of the study process, documentation of marks is carried out by the Department of studies,

- issues regarding material technical provisions are handled by the Technical department,

- information for students and teachers is provided by the Library, Publishing house, Study information centre and the Department of Information Technology.

The aims and objective of the aforementioned structural units and principles of their operation and cooperation are laid out in the regulations on structural units.

1.14.Financial condition

The financial condition of SBAT is very stable. The foundation capital, fixed assets, profit and investments are much bigger than all of the other private higher educational institutions put together. Each and every year since its establishment SBAT has always recorded a profit. The main reason is the successful economic activities of SBAT as well as thoroughly planned and goal orientated activity in the sphere of education. All the profit gained till the year 2000 was reinvested in the development of SBAT (material and intellectual resources), but since 2000 a part of the profit was paid out as dividends to the founders. However the rest of the profit was invested in the development of SBAT.

The financial plan for each year is determined by the SBAT budget. Revenues include tuition fee for higher education, participation fee for seminars, hotel services and other economic activities. Expenditures are planned proportional to the revenue estimated and include mainly remuneration for the staff, social insurance payments, maintenance costs, utility costs, material for the study process, purchase of modern technology as well as reconstruction and repairs of premises.

The annual financial statement of SBAT for the period 01.07.2009 – 30.06.2008 can be seen the appendices of this accreditation application.

The constitution of School of Business Administration Turiba states: “School of Business Administration Turiba guarantees with all its assets that it would provide students the opportunity for continuation of higher studies in a different study programme or the same programme at a different educational institution in case of liquidation of the aforesaid study programme.”

The guarantee should be considered from two aspects - First of all, the stability of the SBAT (quality of the study process, provision of adequate academic personnel financial stability, development prospects and enhancement etc.) and secondly the compatibility of the aforesaid programme with other similar programmes (possibility of continuation of studies in case of liquidation of the programme).

The first aspect forecasts the possibility of a situation wherein the study programme is being liquidated and SBAT has to provide for the continuation of studies.

The second aspect provides a review of the compatibility of the study programme with other study programme if the aforesaid programme is liquidated and whether the subjects mastered and the credit points earned would allow for continuation of studies in a different study programme.

SBAT has been in operation since 1994 (initially as “Business Centre Turiba”) and every following year brought in rapid expansion – new study programmes, accreditation of programmes, different levels of education, increase in the number of students and academic personnel, increase in turnover and profit.

The School of Business Administration Turiba is one of the first higher educational institutions in Latvia that was accredited – accreditation No. 002 (accreditation No. 001 was granted to Riga’s Economic School). The number of academic personnel has stabilized over the years and proportion of full time staff has increased. This year 73% of the pedagogical workload is performed by full time teaching staff.

The study contract concluded with the each individual student by the Rector on behalf of SBAT states not only the rights and obligations of SBAT but also its liabilities. SBAT provides the students with the study process for the current study year as well for the whole duration of the programme. The system of monthly payment for studies is also a reasonable guarantee allowing students to pay for studies in instalments (such a possibility exists if studies are commenced at the beginning of the academic year).

Evaluating the financial stability and very high level of work organisation of SBAT it should be concluded the there is no threat of liquidation of SBAT in the near future.

Hence the financial stability of SBAT is a guarantee in case of liquidation of the study programme.

Another additional guarantee is the agreement on cooperation concluded on 5^th March 2007 between SBAT and Riga Stradins University that foresees the continuation of studies at the other institution in case of liquidation of the study programme or the institution.