2006-1 22.45 MB, pdf - Stockholm School of Economics in Riga
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2006-1 22.45 MB, pdf - Stockholm School of Economics in Riga
SSE Riga NEWS Newsletter No 1/ 2006 GRADUATION 2006 The School’s tenth Graduation Ceremony took place on June 3rd in the Riga Congress Hall. The Commencement Address was given by the Latvian Minister of Education and Science, Professor Baiba Rivža. This year 93 students received their B.Sc. degree and 11 students received their Executive MBA degree. The total number of B.Sc. graduates has now reached 906 and the number of Executive MBA graduates 51. IN THIS ISSUE SSE Riga Benefactors 1 A Word from the Latvian President 1 SSE Riga in Media 1 BICEPS Moving in 1 EVENTS European Commission Vice-President Margot Wallström in a Heated Debate The Days of Opportunities 2006 3 Peak Time 2006 3 Seminar on Gender Equality Implementation 3 SSE Riga 11th Anniversary and HomeComing 2005 4 Springboards Organized 4 Lunch Seminar on Company Valuation 4 Lithuanian Evening 4 Mexican and Spanish Film Festivals 4 Singer and Civil Rights Activist Odetta Holmes 5 The 2006 Yalta Conference 5 Meeting Alumni in Tallinn 5 Estonian Week 5 RESEARCH and PUBLICATIONS Latvia’s Entrepreneurship Monitored for the First Time 6 The Global Competitiveness Report 6 Off the Press 7 New TeliaSonera Institute Discussion Paper 7 Inflation Report 7 Competence Centers in Latvia 7 SSE Riga LINKS LATVIA and SWEDEN The Federation of Swedish Enterprises 8 New Chairman of the Swedish Chamber of Commerce 8 Ice Hockey Party at the Swedish Embassy 8 Swedbank Board of Directors 9 The TeliaSonera Management Academy 9 Anders Wall Scholarship 2006 9 STUDENTS Student Charity 10 Prize to the Insider 10 Winning Students 10 PEOPLE Donation from Epicor – Scala 11 Library News 11 Eric Rhenman Scholarship 11 INTERNATIONAL State Visit to Israel 12 Visit to Belarus 12 The Choir in Switzerland 12 New Academic Exchanges 13 New Leonardo da Vinci Project 13 EXECUTIVE EDUCATION New Executive MBA Intake 13 Program for Latvian Ministries 13 Newsletter No 1/ 2006 A WORD FROM THE LATVIAN PRESIDENT In her congratulations to the Swedish Chamber of Commerce on the occasion of its 10-year anniversary, the President of the Republic of Latvia, Vaira Vike-Freiberga, paid tribute to SSE Riga: “I would also like to pay tribute to the Stockholm School of Economics (SSE) in Riga, which is one of the most successful examples of our renewed Swedish-Latvian partnership, and which houses the offices of the Swedish Chamber of Commerce in Latvia. The SSE has contributed greatly to the establishment of a Western-style business education system in Latvia, and its well-qualified graduates, in turn, are now contributing to Latvia’s growth and development.” SSE RIGA BENEFACTORS SSE RIGA IN MEDIA SSE Riga gratefully acknowledges contributions from the following individuals: The spring 2006 has been successful in terms of media coverage. Inflation report presented in late May was covered by all Latvian TV stations and most of the leading newspapers. The coverage also included interviews with the two authors, Morten Hansen and Alf Vanags. In early June the release of the Global Entrepreneurship Monitor generated media coverage in TV as well as in printed media. The coverage included interviews with Vyacheslav Dombrovsky, Alf Vanags and Karlis Kreslins. Internationally, Finnish YLE TV broadcasted an interview on Latvia’s economy with SSE Riga’s Rector Anders Paalzow. Leif Mutén Margareta and Ulf Redlund and from the following SSE Riga Alumni: Armands Alliks Pavils Jurjans Liene Kule Marina Pavlova Reinis Rubenis Inese Romanovska Svetlana Sitnikova Moreover, more or less all of the leading Latvian newspapers have had several stories covering various activities and events at SSE Riga. Among the persons interviewed were SSE Riga’s Prorector Diana Pauna as well as several SSE Riga faculty members. Elina Veide Aivars Vilnitis The contributions will contribute to ensure that the SSE Riga experience will be available to new generations of students. BICEPS MOVING IN The Baltic International Centre for Economic Policy Studies (BICEPS) has moved in to new premises on the fourth floor in the SSE Riga main building. The School cooperates closely with BICEPS and most of its researchers have joint appointments with SSE Riga. More information about BICEPS can be found at www.biceps.org. 1 EVENTS EUROPEAN COMMISSION VICE-PRESIDENT MARGOT WALLSTRÖM IN A HEATED DEBATE On May 22, the vice-president of the European Commission, Margot Wallström participated in a debate organized by the SSE Riga Student Association. Margot Wallström, together with Sandra Kalniete, former Ambassador and form Latvian European Commissioner, and Latvian Member of the European Parliament Valdis Dombrovkis, debated with SSE Riga Debating Club members Martins Liberts, Jurij Romanenkov, Priit Brus, and Boris Ginzburg. The partly heated and intensive debate, focussed on the future of Latvia in the European Union. Margot Wallström underlined that the European Union is not only about free mobility of goods and services, and the EMU, but also about increasing the standard of living in all the EU countries as well as increasing the social commitment in Europe. Her message was that the vision of Europe should not be blocked by the many topical questions that are often dominating the political debate in Europe. However, the EMU, the convergence criteria and the European constitution still dominated the debate. The three highly experienced European politicians sometimes had difficulties in debating with the engaged and in many cases EU-critical students. After an hour of debating with rhetorics reaching high levels, the audience in the crowded Soros Auditorium was given the chance to take part in the debate. After the debate, Erik Hallberg from TeliaSonera handed over a donation to the SSE Riga Debate Club. In his speech he underlined the importance of students taking part in the political debate. A reception at the Swedish Embassy followed the debate. During the reception both the students and the participating politicians stressed the necessity of meeting and discussing the future of the European Union. During the fall, SSE Riga plans to organize similar events inviting European policy makers. 2 THE DAYS OF OPPORTUNITIES 2006 Newsletter No 1/ 2006 The 2006 Days of Opportunities organized by the SSE Riga Student Association saw a record number of companies attending. In total 43 companies from the Baltic countries attended and presented a wide range of career opportunities to the SSE Riga students. Opening Speeches were given by the Latvian Minister of Foreign Affairs Artis Pabriks, and the Lithuanian Ambassador to Latvia. VISIT BY THE LATVIAN MINISTER OF FOREIGN AFFAIRS The Latvian Minister of Foreign Affairs, Artis Pabriks, addressed the SSE Riga students at the Days of Opportunities Opening ceremony. In his speech the Minister presented the Latvian Ministry of Affairs and the Foreign Service career opportunities. PEAK TIME 2006 The seventh international student business competition Peak Time took place in May. The game, entirely organized by SSE Riga students, welcomed 84 students representing 20 teams from 13 countries and 19 different universities. After an Opening Address by the former Latvian Minister of Economics, Krisjanis Karins, the participants were given the opportunity to attend guest lectures by Ignas Staskevicus, Ola Ahlvarsson, Kristian Schulze-Koops and Fredrik Haren. On the second day the actual competition started, and in five highly competitive rounds of the computer simulated business game CESIM, the teams had to show their managerial skills. Out of the 20 teams, six advanced to the final day of Peak Time and they had to solve cases prepared by Nokia and by Alminas Zaldokas from the London School of Economics. At the end of the day, the team from Copenhagen Business School proved to be the best. SEMINAR ON GENDER EQUALITY IMPLEMENTATION On March 8, SSE Riga hosted a seminar on “Gender Budgeting and Gender Equality Implementation”. The seminar was part of the Nordic Spring events in Riga organized by the Nordic countries. It covered various case studies from the Swedish public health care sector and Volvo. The seminar ended by a short lecture on “Ibsen’s Women in Family and Society”. 3 EVENTS SSE RIGA 11TH ANNIVERSARY AND HOMECOMING 2005 On November 11-12, SSE Riga celebrated its 11th Anniversary and the HoCo 2005. The event started with a presentation of the 2005 SSE Riga working papers and in the evening the annual HoCo Party took place. The following day started with guest lectures by two of the leading e-business gurus from Sweden: Johan Stael von Holstein and Kristoffer Schjött-Quist. The guest lectures were followed by presentations by the Alumni Association and the Student Association. The day ended with the SSE Riga Choir’s Annual Anniversary Concert in the Anglican Church. SPRINGBOARDS ORGANIZED As part of the TeliaSonera Institute’s activities in supporting entrepreneurship in Latvia, the Institute, in cooperation with Connect Latvia, organized a number of Springboards during the spring. During a Springboard an entrepreneur presents his business or business idea to a panel of experts willing to give advice and to identify business opportunities etc. SSE Riga, through its TeliaSonera Institute is one of the members of Connect Latvia. More information about Connect Latvia can be found at www.connectlatvia.lv. LUNCH SEMINAR ON COMPANY VALUATION The TeliaSonera Institute at SSE Riga and the Baltic International Centre for Economic Policy Studies organized a lunch seminar for Latvian journalists on Company Valuation. The seminar was organized in cooperation with Lõhmus Haavel & Viisemann, Latvia. 4 LITHUANIAN EVENING MEXICAN AND SPANISH FILM FESTIVALS On December 14, the Lithuanian student body in cooperation with the Lithuanian Embassy in Riga, and the Lithuanian Chamber of Commerce in Riga organized a Lithuanian evening at SSE Riga. The Evening, which is an annual event, saw a record number of participants and gave the Lithuanian business community an opportunity to learn more about SSE Riga, its programs and its students. In November the Mexican Film Festival was organized at SSE Riga. During the festival, which was organized in cooperation with Culture Academy and the Honorary Consulate of Mexico, a number of Mexican films where shown. In May followed the Spanish Film Festival organized in cooperation with Culture Academy and the Embassy of Spain in Riga. Newsletter No 1/ 2006 SINGER AND CIVIL RIGHTS ACTIVIST ODETTA HOLMES The U.S. singer and civil rights activist Odetta Holmes visited SSE Riga on February 22, to take part in a discussion led by Ojars Kalnins from the Latvian Institute. Active in the Civil Rights Movement, Odetta participated in the march on Selma, performed at the 1963 March on Washington, and played for President Kennedy and his cabinet. As a musician Odetta has had a significant influence on modern music, providing inspiration for such performers as Janis Joplin and Bob Dylan, and has performed with such partners as Count Basie and Bob Dylan. The event which was organized by the U.S. Embassy in Riga was part of the National African American History Month. THE 2006 YALTA CONFERENCE In April, SSE Riga’s Executive Education Department, in cooperation with the Baltic International Centre for Economic Policy Studies (BICEPS), arranged a conference that took place in Yalta on the Ukrainian peninsula of Crimea. The three-day conference was organized as workshop on the political and economic development in Russia, Ukraine and Belarus. To ensure interaction and an active sharing of knowledge the maximum number of participants was set to ten. Among the speakers were leading policy makers and analysts from Russia and Ukraine as well as academicians from Germany, SSE Riga and BICEPS. The Conference also included a trip to Livadia, where the “real” Yalta Conference took place 61 years earlier with Stalin, Roosevelt and Churchill. MEETING ALUMNI IN TALLINN ESTONIAN WEEK To strengthen the and further develop relationships with the Estonian alumni, SSE Riga faculty and staff members visited Tallinn at event organized by the Estonian alumni on December 1. The meeting with alumni was successful and close to all Estonian alumni attended. On February 24th Estonia’s 88th Independence Day was celebrated. To make the Day even more noticeable, the Estonian student community organized a week full of information, activities and entertainment. The evening of February 23rd was devoted to meeting the local Estonian business community. The visit to also included visit to three of the leading employers of SSE Riga graduates; Lõhmus Haavel & Viisemann, Ernst and Young, and Hansapank. To further promote the School SSE Riga took part in the annual Youth Information Fair “Teevit 2005”. This event was organized in cooperation with the Estonian Embassy in Riga and comprised an economic forum and a student life presentation followed by a banquet and entertainment. 5 RESEARCH AND PUBLICATIONS LATVIA’S ENTREPRENEURSHIP MONITORED FOR THE FIRST TIME For the first time Latvia is participating in Global Entrepreneurship Monitor. GEM is a major international research project aimed at describing and analyzing entrepreneurial processes across a wide range of countries. There are two reports: the international report summarizing the findings for the 35 participating countries and the country report analyzing entrepreneurship in Latvia in depth. The Latvian Country Report paints a quite bright picture of entrepreneurship in Latvia: • Latvia scores higher than any of the other new EU countries participating in the study. • Vidzeme is the most entrepreneurial region in Latvia followed by Riga. • The least entrepreneurial region is Kurzeme. • A majority of the newly established businesses are active in the consumer sector. • 40 per cent of the entrepreneurs are women – the highest number of all countries participating in the study. • 35 per cent of the new entrepreneurs are from families where at least one family member already is an entrepreneur. The report was presented at a seminar at SSE Riga in the beginning of June. The report got substantial media coverage and was the top news in Panorama, Latvia’s leading TV newscast. THE GLOBAL COMPETITIVENESS REPORT SSE Riga has for the fourth time been one of the partner institutes for the World Economic Forum’s Global Competitiveness Report (GCR), which compiles the Growth Competitiveness Index. The SSE Riga team which interviewed business leaders in Estonia, Latvia and Lithuania, was lead by Assistant Professor Karlis Kreslins. Out of the Baltic countries Estonia was ranked 20, Lithuania 43 and Latvia 44. An executive summary of the GCR is available at www.weforum.org/gcr. 6 Latvia’s participation in the Global Entrepreneurship Monitor was made possible through the TeliaSonera donation to the TeliaSonera Institute at SSE Riga. The report can be ordered from SSE Riga, office@sseriga.edu.lv. COMPETENCE CENTERS IN LATVIA On behalf of the Latvian Ministry of Economics, SSE Riga researchers undertook a study on the development of competence centers in Latvia. The study, carried out by Diana Pauna, Arnis Sauka and Alf Vanags, focussed on the current state and the future development of Latvian competence centers. Newsletter No 1/ 2006 INFLATION REPORT The high Latvian inflation is currently the number one topic on the Latvian political agenda and during the last months it has completely dominated the political debate. In the end of May, SSE Riga together with BICEPS released a report on the Latvian inflation, its causes and consequences. In connection with the release, SSE Riga organized a seminar. The more than 100 seminar participants were given the opportunity to listen to a presentation of the report “Inflation in Latvia – is there a Mystery to Unravel?”, by the report’s two authors Morten Hansen and Alf Vanags. The presentation was followed by a discussion with participants from the Bank of Latvia, the Economics Ministry, the Finance Ministry and Hansbank. The report showed that the prices on the property market, the credit boom and overheating on the labour market, are the most important reasons for the galloping inflation. After the seminar, a press conference, where more then 30 journalists and six network channels were present, was held. The report topped the radio and TV newscasts and was headline news in printed media. The report spurred further public debate on the topic, which in turn resulted in the Latvian Government putting together a working group that should come up with suggestions on what can be done. The report can be ordered from office@sseriga.edu.lv. OFF THE PRESS Enterprising Women in Transition Economies, edited by Friederike Welter, David Smallbone and Nina Isakova, Ashgate, 2006. NEW TELIASONERA INSTITUTE DISCUSSION PAPER The third Discussion Paper from the TeliaSonera Institute at SSE Riga, Challenges of the EU New Regulatory Framework (NRF) in Electronic Communications: An Economist’s Perspective has now been published The Paper is authored by Alf Vanags and can be ordered from office@sseriga.edu.lv. The SSE Riga TeliaSonera Professor Friederike has co-edited as well as contributed to this book which provides an analysis of the nature and extent of female entrepreneurship in European economies that until 1990 were operating under central planning. The Elgar Companion to Public Economics: Empirical Public Economics, edited by Attiat F. Ott and Richard J. Cebula, Edward Elgar, 2006. SSE Riga Assistant Professor Vyacheslav Dombrovsky has contributed with one chapter, What Kept the Russian Federation Intact? Testing the Internal Exit Model of Buchanan and Faith, to this book which add resses a wealth of topics common to the study of both public economics and public choice. 7 SSE RIGA LINKS LATVIA & SWEDEN THE FEDERATION OF SWEDISH ENTERPRISES In February, the Federation of Swedish Enterprises visit Latvia. The program of the was arranged by SSE Riga. Among the participants were the director Tommy Hellström, the head of communications Ulla Hamilton, and the chief editor of the magazine Entrepreneur, Nicklas Mattsson. The reason for the trip was the increased interest in the Baltic countries among Swedish Industry. This is partly an effect of the “Laval Affair” and also the new directive from the European Union. After a seminar on SSE Riga the group met with the Latvian Employers Association, the Latvian Trade Union Confederation, the Ministry of Economics, and the economics advisor to Latvian Prime Minister Aigars Kalvitis. ICE HOCKEY PARTY AT THE SWEDISH EMBASSY On May 4th, the eve of the Ice Hockey World Championships, the Swedish Embassy of Latvia together with TeliaSonera and SSE Riga arranged a party to celebrate the World Championships of Hockey in Latvia. The more than 100 guests enjoyed the food as well as the performance by the Swedish “Electric Banana Band” and not to mention the hot dogs served in the Embassy’s garden. In their toasts both the Swedish Ambassador to Latvia, HE Göran Håkansson, and Kenneth Karlberg, President of TeliaSonera, Norway, Denmark and the Baltic countries, praised the Latvian initiative to host the Ice Hockey World Championships and wished the Latvian and Swedish teams the best of luck. Two weeks later the Swedes became the World Champions… NEW CHAIRMAN OF THE SWEDISH CHAMBER OF COMMERCE IN LATVIA SSE Riga Senior Vice President Gunnar Ljungdahl has been elected Chairman of the Swedish Chamber Commerce in Latvia. The Chamber, whose activities started 10 years ago, will have its office at SSE Riga. The office is run by the Chamber’s Executive Director Kaija Siljara. Information about the Chamber’s activities can be found at www.scc.lv. 8 SWEDBANK BOARD OF DIRECTORS Newsletter No 1/ 2006 The Board of Directors of Swedbank (the owners of Hansabank) visited the Baltic countries on a study trip organized by SSE Riga in cooperation with BICEPS. With the merger of the Swedish Föreningssparbanken and Hansabank (the leading bank in the three Baltic countries) there is a need to further strengthen the knowledge of the Board when it comes to the Baltic countries. The trip comprised visits to banks, meetings with politicians and experts, and seminars. The first day was devoted to a seminar at SSE Riga. It started with a general overview covering the political, social and economic developments in the Baltic region. Then followed discussions on the development of the Baltic financial markets and the differences in management between Sweden, Estonia, Latvia, and Lithuania. After the seminars in Riga, the Board went to Tallinn to meet the Estonian prime-minister Andrus Ansip and the Swedish ambassador in Estonia, Dag Hartelius. In Vilnius, there were seminar activities focussing on the political situation in Lithuania and on the economical and political development in the Russian Federation. THE TELIASONERA MANAGEMENT ACADEMY This spring TeliaSonera Norway, Denmark and the Baltic states, in cooperation with SSE Riga’s Executive Education, launched a new program for their top talents. The program, addressing the demands facing TeliaSonera from its customers as well as from technology now and in the future, was organized around a number of themes: • How to foster and develop an entrepreneurial spirit within the organization • Future perspectives • Communication as a strategically tool Among the lecturers were: Sean Gaffney on company culture and intrapreneurship, Larry Stout on management in international organizations, Jan Zander on the future of wireless communication system, Jonas Ridderstråle on future perspectives built around “Karaoke Capitalism”, Juris Kaza on the “Future Shock”, Erik Strendzenieks on communication for change, and Jouni Heinonen on reputation management as a strategic tool for future communication. ANDERS WALL SCHOLARSHIP 2006 Andrius Minicius, SSE Riga Class of 2006, was awarded the 2006 Anders Wall Scholarship for SSE Riga students at the annual Anders Wall Foundation Award Ceremony on March 10, in Stockholm. The Scholarship is awarded to entrepreneurial SSE Riga students. Andrius was the 15th SSE Riga student to be awarded. In parallel with his studies at SSE Riga Andrius has established a London-based company, Wood Empire, that imports hard wood furniture manufactured in Lithuania. The company was established three years ago and has more than 200 employees and the forecasted turnover for 2006 is 4.5 million euro. 9 STUDENTS STUDENT CHARITY On January 14th, the Annual SSE Riga Charity Group Meeting with children from the orphanage Ziluks took place. The children are invited to visit Riga and the School. This year 15 children participated and during the visit at SSE Riga they were served pizza and received presents donated by students, faculty and staff. The Charity Group has been working with the Ziluks orphanage for six years. The Charity Group can be reached at charity@sseriga.edu.lv. PRIZE TO THE INSIDER The SSE Riga student paper, The Insider, won the award for the best cover page. The cover titled “The Beauty of Power” appeared on the 2005 elections issue. The designer of the winning cover was Povilas Redko. The competition student newspaper competition, 5K, was organized by the Latvian newspaper Diena. WINNING STUDENTS Debating 1: Several SSE Riga teams participated in the Vilnius International Rotary 2005 in November – the winners were SSE Riga students Boris Ginzburg and Aleksej Vlasov. Debating 2: In April the Tartu Debate Tournament took place at Tartu University with participants from all over Central and Eastern Europe – the winners were Jurij Romanenkov and Martins Liberts. 10 PEOPLE Newsletter No 1/ 2006 Jurgita Baltrusaityte-Axelson has been appointed Assistant Professor in Marketing and Entrepreneurship at SSE Riga. Jurgita has Ph.D. from the University of Illinois at Chicago. During her Ph.D. studies Jurgita specialized in marketing and entrepreneurship and her thesis was on “The Opportunity Recognition Process, New Venture Start-Up Motivators and Outcomes: The Real Options Approach”. At SSE Riga Jurgita will mainly teach marketing at the intermediate and specialization levels. In terms of research she will be affiliated with the TeliaSonera Institute at SSE Riga. Martins Kazaks joined the SSE Riga resident faculty as assistant professor in economics in late 2005. Martins holds a Ph.D. in Economics from Queen Mary, University of London. Martins will combine a part time position at SSE Riga with research at the Baltic International Centre for Economics Policy Studies (BICEPS) and a position as Chief Economist at Hansabanka Latvia. At SSE Riga Martins will teach Managerial Economics and Econometrics. Karlis Kreslins has been appointed Executive MBA Program Director. Karlis has been with SSE Riga since 1997 and has previously served Director for SSE Riga International Affairs and as Faculty Advisor for the B.Sc. thesis writing process. Morten Hansen has been appointed Head of the Department of Economics at SSE Riga. Inese Slokenberga, Head of Administration at SSE Riga since the School started its activities in 1994, has left SSE Riga for a managing position in the tourism industry. DONATION FROM EPICOR – SCALA On June 19, at the seminar “The 21st Century – an Era for Business Intelligence” organized by Epicor, SSE Riga was presented with a new iScala licence. The new iScala is an ERP (enterprise resource planning) system that enables companies to automate and manage their standard business processes, and get a complete e-business infrastructure as well. Scala has supported SSE Riga with software since 1994. LIBRARY NEWS ERIC RHENMAN SCHOLARSHIP The SSE Riga Library has within the program Lightnet received 5 PC workstations from the Latvian State Agency for Culture Information Systems. The acquisition will considerably improve the library working environment, offering library users additional access points to online databases and internet. The Eric Rhenman Memorial Foundation has awarded SSE Riga researcher Arnis Sauka a scholarship. The scholarship will make it possible for Arnis Sauka to visit Jönköping International Business School in Sweden to undertake research in entrepreneurship. 11 INTERNATIONAL STATE VISIT TO ISRAEL THE CHOIR IN SWITZERLAND On February 19-22 the President of Latvia, Vaira VikeFreiberga made a state visit to Israel on the invitation of the Israeli President Moshe Katsav. SSE Riga was represented in the accompanying delegation by Prorector Diana Pauna and Senior Vice President Gunnar Ljungdahl. The SSE Riga Choir went on a 10-day trip to Switzerland. During the trip the Choir gave six concerts in different churches throughout Switzerland. In addition there were some outdoor concerts as well. And not to forget the singing in the airport, on board of the plane, in the bus, at lunch time, through sleep… During the visit the SSE Riga representatives met with representatives at the Recanti Graduate School of Business Administration in Tel Aviv and signed an agreement on student and faculty exchange. The agreement will give B.Sc. students at SSE Riga an opportunity to study at Recanti for a semester. SSE Riga has also expressed an interest in joining the Global Consulting Program which Recanti has developed together with Wharton Business School at the University of Pennsylvania. The intention is to bring together EMBA students at SSE Riga with MBA students from Recanti in working groups that would assist companies from Israel who wants to invest in the Baltic countries and vice versa. During its more than 25 years of existence the Program has proven successful in giving students valuable experience as well as in generating new cross-border businesses. BARCELONA VISIT TO BELARUS From the February 12 to 16, ten leading Latvian journalists participated in a study trip to Barcelona organized by SSE Riga and the Baltic International Centre for Economic Policy Studies (BICEPS) within the TeliaSonera Institute framework. In December, SSE Riga, represented by the Rector Anders Paalzow, Prorector Diana Pauna and the Head of the Department of Economics Morten Hansen visited Minsk. The visit, which was organized in cooperation with the Latvian Embassy in Minsk, included visits to the Ministry of Education, universities, and NGOs. The purpose of the visit was to explore the opportunities for further contacts and student exchangesgiving Belarusian students an opportunity to study at SSE Riga. “Given Latvia’s geographical position and the trade between Latvia and Belarus, it is natural to establish contacts with Belarus and I hope that we will have some exchange students in our programs next year”, Anders Paalzow said. The journalists visited 3GSM, which is the largest trade fair for using mobile phones in the world. Furthermore, the journalists participated in a seminar, which was coorganized with the Regulatory Authority of Spain. The seminar focussed on the need for further privatization of the telecom industry, in particular on how the Latvian regulator should work to reach the goals that the European Union has set up for regulatory activity. One of the speakers at the seminar was Sergio Ramos, EMBA graduate of SSE Riga. This study trip was the second one in a long-term program aiming at fostering a discussion of the completion of privatisation in Latvia. The first study trip was to London and included a number of seminars at the University College London and EBRD. 12 Newsletter No 1/ 2006 NEW ACADEMIC EXCHANGES The School’s network of academic partners expands. Within the Erasmus framework a new agreement has been signed with University of Siegen, Germany. Outside the EU agreements have been signed with the Higher Economic School in Moscow, the Recanti School of Business at Tel Aviv University, and Adnan Menderes University in Turkey. The new agreements give SSE Riga students and faculty an opportunity to spend up to a semester abroad at one of the partner universities. During 2005/2006 a total of 29 SSE Riga students were on exchange for one semester. Furthermore, three SSE Riga faculty members went on shorter visits to partner institutions in Belgium, Greece and Spain, respectively. During the academic year the School welcomed 34 exchange students coming from Austria, Belgium, France, Italy, Kazakhstan, Norway, Poland, Russia, Spain, Sweden and Turkmenistan. NEW LEONARDO DA VINCI PROJECT SSE Riga is one of the partners in the project “Interactive System of Vocational Training” funded by the Leonardo da Vinci program. The lead partner is the Business School at National Louis University, Nowy Sacz, Poland. The other partners are ABB Training Center in Germany, University of Molise in Italy and Dennis Gabor College in Budapest. Within the project that lasts for 24 months, the partner institutions will develop and test a business simulator which will consist of four different modules. In October 2006, SSE Riga will host a project workshop. EXECUTIVE EDUCATION NEW EXECUTIVE MBA INTAKE This year’s admissions process to the SSE Riga Executive MBA is about to come to an end. The program which will run in modules during a period of two years will have around 20 participants representing different industries including production, trade and banking as well as the public sector. Like previous years, the group is international. This year’s group has participants from Latvia, Estonia, Lithuania and the Netherlands. When ask why they applied to SSE Riga, the participants cite the high quality of the program and the small group size. Many of the participants have been encouraged by former EMBA students to apply. For more information about the SSE Riga EMBA program, please contact the Program Director, Karlis Kreslins, karlisk@sseriga.edu.lv. PROGRAM FOR LATVIAN MINISTRIES During the spring, SSE Riga’s Executive Education Department has developed a program for managers in Latvian ministries (the Ministry of Welfare and the Ministry of Education and Science). The Program consists of nine modules, each of them designed to train managers in areas that would increase their capacity. A broad range of topics were addressed, e.g., strategy, policy development, implementation and monitoring, cost-benefit analysis of investment projects, EU budgeting, professional ethics, leadership. The Program will continue during the fall. 13 Strēlnieku iela 4a, Rīga LV 1010, Latvia ph: +371 7015800, fax: +371 7830249 e-pasts: office@sseriga.edu.lv www.sseriga.edu.lv © SSE Riga Design: Inese Andersone