Course code VadZP034
Credit points 18
Total Hours in Course486
Independent study hours486
Date of course confirmation18.09.2019
Responsible UnitInstitute of Business and Management Science
Dr. oec.
Ekon5121, Business Evaluation
Ekon5139, Economic Resources
Ekon6034, Mathematical Statistics
VadZ5055, Business Planning and Controlling
VadZ5064, Strategic Management
VadZ5079, Knowledge Management and Innovations
VadZ6009, Finance and Investment Management
VadZ6023, Quality Systems
A professional traineeship is intended to consolidate the theoretical knowledge acquired and build up competences relevant to the programme. It involves the examination of entrepreneurship and strategic management of an enterprise/organization. Students learn in detail the practical methods of strategic management and entrepreneurship assessment that are applied at enterprises and organizations representing various industries. The theoretical knowledge acquired during the studies is reinforced during the traineeship in order to acquire professional and soft skills and competences in the management of an enterprise/organization.
Knowledge
1. Students will be able to demonstrate an in-depth and integrated knowledge of entrepreneurship assessment and strategic management in enterprises and organizations of various industries of the national economy - practical training report, a reference of the work placement supervisor, the presentation of the report
Professional skills
1. Independently analyse entrepreneurship and the processes affecting it at the work placement organisation and associate them with theory - practical training report and the defence of the report
2. Analyse, compare and assess strategy identification methods and identify opportunities for enhancement of entrepreneurship - practical training report, a reference of the work placement supervisor, the presentation of the report
Soft skills
1. Responsibly plan and complete the assignments given within the deadlines set and at high quality- reference of the work placement supervisor, compliance with the schedule
2. Reasonably discuss observations, conclusions and proposals- defence of the practical training report
3. Work in a team and perform the tasks assigned - reference of the work placement supervisor
Competence
1. Understand, comprehend, independently assess, explain and innovatively apply the acquired theoretical knowledge and practical skills in entrepreneurship and in designing a future strategy for various industries of the national economy and take part in this process - practical training report, a reference of the work placement supervisor, the presentation of the report
2. Solve complicated problems in entrepreneurship and come up with innovative solutions to the problems - practical training report, the defence of the report, a reference of the work placement supervisor
1. Introduce with the company and the traineeship tasks which will be be performed in the company / organization
2. To describe the company (institution / organization) business activities;
3. To explore the business environment of the industry- the company development or individual process development - taking into account the experience of foreign countries and benchmarks its;
4. To make an enterprise (institution / organization) performance evaluation and analysis;
5. To make the company's strategic activities assessment and development directions;
6. To work out recommendations for the company (institution / organization) for further business activities.
7. Prepare a practice report and a presentation of the practice report
The practical training is completed within the specified period, a practical training report is independently produced and successfully defended with the Practical Training Commission at the Institute of Business and Management Science. If the traineeship has not been completed in the required time period, if the traineeship defence has not been taken or has been evaluated with “failed”, it is considered to be an academic debt.
Within the framework of the study course description for independent work is given 480 hours, which consists of: 1) internship in a company / organization; 2) preparation of the internship report in accordance with the content of the internship program; 3) preparation of the presentation of the practice report and defence of the practice
Final assessment of professional practice - test with a mark. The practice is evaluated in a 10-point system. The lowest successful mark is 4 (almost satisfactory). The assessment is made by the internship defence commission on the basis of the content of the internship report, the results of its internship defence and the reference of the internship manager.
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2. Kuratko, D. F.; Hoskinson, S. The Great Debates in Entrepreneurship : Emerald Publishing Limited. 2017. eBook. ISBN 9781787430761
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1. Journal of Business Research ISSN 0148-2963
2. Business Horizons ISSN 0007-6813
3. Journal of Innovation & Knowledge ISSN 2444-569X
4. Dienas Bizness : nedēļas laikraksts: ISSN 1407-2041
5. Forbes. "SK Media" SIA. Forbes. Rīga : ISSN 1691-6018
Compulsory course for the ESAF Professional Master's Degree Program Business Management