Since this academic year, Turība University has included new study courses on the development of financial technology (FinTech) companies in its study content, which provides students with the opportunity to gain an in-depth understanding of one of the fastest growing and most promising sectors in the modern economy.

The FinTech industry is currently experiencing rapid growth worldwide, and Latvia also has significant potential – due to the industry's export capacity and dynamic market, our country has ambitions to become a regional leader. In the new study courses, students acquire knowledge and skills that help them understand current trends in the FinTech industry, develop innovative solutions and build sustainable business models. The content combines business, technology and regulatory aspects, allowing students to connect theoretical knowledge with practical experience. The courses are integrated into the business administration study program, expanding students’ choices and diversity of studies.

Associate Professor Evija Kļave, the Vice-Rector for Studies and Academic Affairs at Turība University, emphasizes: “The FinTech world is rapidly changing the perception of financial services, and these study courses are a great opportunity for students not only to learn the basics of financial technologies, but also to see how these innovations create new opportunities in the areas of banking, payments, lending and insurance. Cooperation with Riga Business School and industry experts provides the university with methodological support, which is essential to ensure the content and form of studies that meet both the requirements of the labor market and create a modern study experience for our students”.

To ensure high quality teaching, lecturers at Turība University have participated in professional development courses, including studies of the Harvard Business Impact case-teaching approach to create an understanding of real business situation analysis in the course content.

The study courses have been developed at RTU Riga Business School in close collaboration with industry experts and with the support of the European Union Recovery and Resilience Mechanism. In addition to studies, students and lecturers will be able to participate in events that bring together academia with industry professionals and become part of the Latvian FinTech education community.

This educational initiative is implemented within the framework of the EU Recovery and Resilience Facility project “Strengthening knowledge and research capacity in the areas of anti-money laundering, financial technology and sector analysis”.

Turība expands study content and includes financial technology entrepreneurship courses

Since this academic year, Turība University has included new study courses on the development of financial technology (FinTech) companies in its study content, which provides students with the opportunity to gain an in-depth understanding of one of the fastest growing and most promising sectors in the modern economy.

The FinTech industry is currently experiencing rapid growth worldwide, and Latvia also has significant potential – due to the industry's export capacity and dynamic market, our country has ambitions to become a regional leader. In the new study courses, students acquire knowledge and skills that help them understand current trends in the FinTech industry, develop innovative solutions and build sustainable business models. The content combines business, technology and regulatory aspects, allowing students to connect theoretical knowledge with practical experience. The courses are integrated into the business administration study program, expanding students’ choices and diversity of studies.

Associate Professor Evija Kļave, the Vice-Rector for Studies and Academic Affairs at Turība University, emphasizes: “The FinTech world is rapidly changing the perception of financial services, and these study courses are a great opportunity for students not only to learn the basics of financial technologies, but also to see how these innovations create new opportunities in the areas of banking, payments, lending and insurance. Cooperation with Riga Business School and industry experts provides the university with methodological support, which is essential to ensure the content and form of studies that meet both the requirements of the labor market and create a modern study experience for our students”.

To ensure high quality teaching, lecturers at Turība University have participated in professional development courses, including studies of the Harvard Business Impact case-teaching approach to create an understanding of real business situation analysis in the course content.

The study courses have been developed at RTU Riga Business School in close collaboration with industry experts and with the support of the European Union Recovery and Resilience Mechanism. In addition to studies, students and lecturers will be able to participate in events that bring together academia with industry professionals and become part of the Latvian FinTech education community.

This educational initiative is implemented within the framework of the EU Recovery and Resilience Facility project “Strengthening knowledge and research capacity in the areas of anti-money laundering, financial technology and sector analysis”.