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DEGREE

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FACULTY

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Development of a personal financial management application

Nowadays, financial management is essential in people's lives, as price increases and economic instability require more careful planning of personal finances. Technological development makes this process accessible to everyone, offering various expenditure tracking and budget planning solutions. In the bachelor's thesis, the most popular financial management applications were reviewed, showing that although they offer an intuitive interface and automated budget functions, they also have shortcomings.The goal of the work is to create an application that provides a convenient and digitally enhanced tool for financial planning and tracking. To achieve the goal, tasks included reviewing similar applications, defining requirements, creating the interface and database, developing transaction management and budgeting functionality, and testing the application. All tasks were fully completed.The application uses Python and Flask, SQLite database, HTML, CSS, and JavaScript. As a result, an application with a clear interface was developed, providing manual transaction entry and bank account Excel format upload, editing, and deletion, as well as budget control and transaction visualizations. These functions help users manage their finances more effectively and make better decisions.

Author: Jūlija Ivčenkova

Supervisor: Olga Dribeņeca

Degree: Bachelor

Year: 2024

Work Language: Latvian

Study programme: Computer Science

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Improvement of Employee Motivation System in Organization

Employee motivation and retention are critical in today's competitive IT industry. This research investigates methods to boost engagement and optimize human capital at "Smart Solutions Group."The research analyzes existing motivation theories and successful models. It then dives deep into Smart Solutions Group, examining their current system through surveys, interviews, and document reviews. This comprehensive approach helps understand how different motivational factors impact IT personnel.Drawing on the findings, the research proposes practical recommendations to enhance the company's existing system. The goal is to address both intrinsic and extrinsic motivators to improve employee retention and productivity.By exploring best practices and addressing identified weaknesses, this research aims to strengthen Smart Solutions Group's ability to attract and retain top IT talent, giving them a competitive edge in the market.

Author: Kamilla Emili Mirzakhanli

Supervisor: Ishgalei Ishmuhametov

Degree: Bachelor

Year: 2024

Work Language: English

Study programme: Business and Management

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Improving Employee Motivation System within the Hotel Industry.

The motivation of employees in the hotel industry plays a pivotal role in achieving operational success. This bachelor's project aims to analyze the current motivation system in one of the Wellton Hotels establishments, with the goal of developing recommendations for its enhancement in accordance with motivation theory. The first chapter discusses various theories and mechanisms of motivation, providing a theoretical framework for understanding employee motivation systems. The second chapter offers a deep analysis of motivation systems employed in Wellton Hotels, evaluating their effectiveness and proposing improvements based on the findings. Through theoretical analysis, empirical research, and surveys, the author of the study recommends improving motivational programs and employee satisfaction levels, offering specific practical recommendations to enhance the motivational environment and improve overall service quality.

Author: Karina Kostina

Supervisor: Ishgalei Ishmuhametov

Degree: Bachelor

Year: 2024

Work Language: English

Study programme: Business and Management

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Comparative analysis of national AML/CFT laws in Latvia and Finland.

This bachelor's thesis analyses the anti-money laundering and counter-terrorist financing laws in Latvia and Finland with a focus on their compliance with European Union standards and international recommendations provided by FATF. The aim of this bachelor thesis is to provide recommendations for improving AML/CFT practices in Latvia by comparing the national and external legal requirements of both countries. The study emphasises the importance of AML/CFT regulations for the protection of the financial sector in the context of growing technological advances and increasing crime risks. The study methodologically includes a careful analysis of six European Union AML/CFT directives, two regulations and the relevant AML/CFT laws of Latvia and Finland. The results of the study emphasise the importance of historical and economic factors for the success of AML/CFT measures, therefore, it is proposed to improve Latvia's AML/CFT system based on Finnish best practices.

Author: Karolīna Avdejenko

Supervisor: Jekaterina Vestermane

Degree: Bachelor

Year: 2024

Work Language: English

Study programme: Business and Management

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SCOPE 3 GREENHOUSE GAS EMISSIONS ACCOUNTING AND REPORTING FRAMEWORK FOR AN AIRLINE COMPANY

This research focuses on Scope 3 greenhouse gas emissions in the context of an airline company. In light of sustainability, organizations are increasingly looking to understand their impact on climate change across their operations, products, and value chain. Greenhouse gas (GHG) emission accounting and reporting provide the necessary baseline data to implement effective sustainability and cost reduction strategies. Scope 3 emissions, as defined by the GHG Protocol, result from the use of assets not owned or controlled by the reporting entity but indirectly influence its value chain. For airlines, these emissions include GHGs associated with all purchased raw materials and emissions from the use of equipment during its useful life. This research aims to design an accounting and reporting framework to begin assessing Scope 3 emissions for the national Latvian airline company, Air Baltic Corporation AS. This framework serves as a methodological basis and practical guide, enabling the company to align its strategy with sustainable development goals and quantify the potential impact of Scope 3 emissions across its value chain.

Author: Kate Šavikina

Supervisor: Irina Kuzmina-Merlino

Degree: Professional Master

Year: 2024

Work Language: English

Study programme: Aviation Management

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