RTU IS MODERNISING THE STUDY ENVIRONMENT WITH THE FINANCIAL, BUSINESS AND MANAGEMENT PROFESSIONALS – BLOOMBERG TERMINALS

 

Bloomberg Laboratory was opened on 23 January at Riga Technical University (RTU), providing students and researchers with access to a wide range of real-time databases, research and analysis tools. This will improve the scientific quality and enhance competitiveness of students and researchers in the labour market.

«Bloomberg database is very broad, covering all the world’s financial data, data on companies, securities, transactions, marketing activities, real estate and other taxes, and much more. It will provide both students and researchers with access to vast amount of high-reliability online data, and will improve the quality of scientific activities,» says Chair of the RTU Senate, Professor Elīna Gaile-Sarkane.

Bloomberg Laboratory has 12 specially equipped terminals available to all RTU students and researchers. It has been established to improve the RTU study environment within the EU specific aid objective 8.1.1 «Development of Infrastructure of Riga Technical University for Modernization of STEM Study Programs». The overall objective of the project is to increase the number of modernized STEM (Science, Technology, Engineering and Mathematics) programs, including the medical and creative industries. By fulfilling it, RTU continues to develop the most modern engineering centre in the Baltic region.

To enable RTU students and researchers to make full and meaningful use of the opportunities provided by the new Bloomberg Laboratory, RTU will also organise special training courses delivered by Bloomberg experts. «Interested parties will have the opportunity to be certified at Bloomberg offices, thereby enhancing their competitiveness in the labour market, which is particularly useful if the professional activity is related to the financial or insurance sector,» emphasises E. Gaile-Sarkane.

Bloomberg is an internationally renowned information and technology company that provides both financial news and various technological solutions.

THE ERASMUS+ PROJECT IMPRESS: EMPLOYEE STRESS SURVEY RESULTS

Within the framework of the Erasmus+ Key Action 2: „Cooperation for innovation and the exchange of good practices” Knowledge Alliances Program project No:588315-EPP-1-2017-ES-EPPKA2-KA “Improving management competences on Excellence based Stress avoidance and working towards Sustainable organizational development in Europe – IMPRESS” the stress survey of employees was conducted by the members of research in four EU countries – Germany, Spain, Ireland/England and Latvia.  In the survey participated 286 respondents from Latvia. At RTU 59th Scientific Conference on Economics and Entrepreneurship (SCEE’2018) the project team member Zane Rostoka presented results of the stress survey of employees for Latvia.

Main results for Latvia are: High strain level (‘to a great degree‘ & ‘to a very great degree‘) was stated by 2.1% of the participants, High Engagement and satisfaction in the work was stated by 56.8% of the participants. The factor ‘Clarity and Control‘ indicated higher frequency level than the factor ‘Leadership and social support‘; at the same time ‚Leadership and social support‘ has more influence on ‚Well-being and strain‘. The Stressors ‘Organizational climate and cooperation‘, ‘Roles and responsibilities‘, and ‘Working conditions and workflows‘  have  the biggest influence on each‚ ‘well-being and strain‘ as well as on ‚engagement and satisfaction‘. The results of the survey will be used for further implementation of the project activities.

IMPRESS goal is to provide coaching/teaching modules and self-assessment tools, which allow organisations to identify risk factors and implement preventive practices, individual and organisational solutions for stressors at organisational, team and individual level. The objective of IMPRESS is to enable business professionals to gain a perspective on work related stress issues. This includes how they impact in all aspects of the business including management style, cost of absenteeism, work organization and organizational structure, work-life balance, demographic changes, the upgrading of unskilled and skilled workers, information overflow, stress caused by poor fit with physical and mental health issues.

For additional information: www.excellence-in-stress-management.eu

RTU has been Ranked as a Five-Star University in QS Stars Rating

Riga Technical University (RTU) has received an excellent evaluation – five stars – at the international university rating QS Stars. On the whole, university performance was evaluated considering eight categories, and RTU received the highest evaluation – five stars – in six of them.

Director of RTU Department of Quality Control and Records Management Juris Iljins states, «RTU has been very highly evaluated on QS Stars rating, by improving its performance in all categories in comparison with previous evaluation that was organized in 2015. In the previous evaluation we received three stars, but with persistent work we have managed to improve our performance. We have significantly invested in the quality of studies, infrastructure, improvement of research quality, promotion of innovations and improvement of environment for start-up companies. On the whole, these activities have contributed to the fact that RTU has been evaluated on the same level as Lund University in Sweden or Aalborg University in Denmark».

RTU received five stars in the following categories: teaching, employability, internationalization, learning environment, innovations and inclusiveness. The rating also considered university research and specialization in computer sciences.

Each of the eight categories is divided into numerous sub-categories. Within the category of teaching such sub-categories as the level of student satisfaction with the university as a whole and with the studies in particular, as well as further education opportunities were highly evaluated. In the area of employment, graduate employment indicators as well as RTU reputation among employers received top scores. In the category of internationalization, RTU registered maximum points in several sub-categories, including «International Research Collaboration», «International Diversity» and «Inbound Exchange Students».

Considering university environment, sports facilities provided by RTU, IT infrastructure and significant number of student organizations gained special recognition. In the field of innovations, RTU received maximal scores in all sub-categories – number of patents registered by RTU, field research, number of spin-off enterprises were highly evaluated. In the area of Inclusiveness, opportunities ensured by RTU, university scholarships and bursaries, support to the students from low income families as well as accessibility of the environment for people with reduced mobility deserved special credit.

QS Stars is a rating system, which allows students to develop better understanding with regard to the quality of the institution. Unlike most ratings that measure university performance by ranking them into order, QS Stars makes it possible to assess the performance of each university in specific areas and issues by providing, for example, access to graduate employment rates, assessments of learning environment, level of inclusiveness and other issues relevant to the potential graduates. Participation in the rating of universities is voluntary and provides a comparable external evaluation of how successful the university has been.

 

Times Higher Education has Ranked RTU Among 600 Best Universities in Engineering and Technology in the World

Riga Technical University (RTU) is among the best universities in engineering and technology ranking among 501–600 by «The Times Higher Education (THE) World University Rankings 2019 by Subject: Engineering and Technology». RTU is also included in THE ranking of the computer science industry.

«RTU is the only university in Latvia that is included in the ranking of engineering and computer science. RTU and Tallinn University of Technology have been rated as the best universities of engineering and technology in the Baltic States, ranked among the top 600 universities. Being among the best 500 universities in this category is a great achievement. RTU puts a great emphasis on being an excellent university of engineering and technology and we are pleased that it has brought results internationally,» emphasises Director of RTU Department of Quality Management and Record Management Juris Iljins.

The World University Rankings 2019 by subject: Engineering and Technology covers 903 leading global universities in engineering, energy and electronics, mechanics and aeronautics, civil engineering and chemical engineering. In the ranking of engineering and technology, the University of Oxford (United Kingdom) is ranked first, followed by the University of Stanford and the University of Harvard (both from the United States). Among the Baltic States, Kaunas University of Technology is included in the group of 801+, as well as Tallinn University of Technology, likewise RTU, takes place among 501–600 universities.

The World University Rankings 2019 by subject: Computer Science evaluates the performance of universities in computer science and totally includes 684 universities. RTU is ranked among 601+ universities. Among the other Baltic States, the University of Tartu and Tallinn University of Technology are also ranked. The first place in the rating of computer science is taken by Oxford University, followed by the Swiss Federal Institute of Technology in Zurich and Cambridge University (the United Kingdom).

The rankings assess the performance of higher education institutions according to the five main indicators, which are further analysed in terms of 13 different criteria. In terms of industry ratings, universities are ranked based on the specifics of particular areas. University cooperation with the industry in the ranking is assessed by how much income the university has gained from knowledge transfer. The science criterion takes into account the results of a reputation survey, university income from research and its productivity. The internationalization criterion assesses the proportion of foreign students and academic staff as well as international cooperation in research based on the citation indicators of scientific publications. Performance in studies is evaluated based on the reputation survey results, the ratio of the number of students to academic staff, the proportion of academic staff possessing a doctoral degree, and other indicators. In turn, citation or the impact of research reveals the role of universities in the creation and dissemination of new knowledge and ideas.