Qualifications Framework level

EQF level

European Qualifications Framework (EQF) has 8 levels (1 – the lowest, 8 – the highest).

Levels reflect the complexity level of acquired knowledge, skills and competences (learning outcomes).


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LQF level

Latvian Qualifications Framework (LQF) has 8 levels (1 – the lowest, 8 – the highest).

Levels reflect the complexity level of acquired knowledge, skills and competences (learning outcomes).

LQF covers stages of education starting from the basic education (level 1 – special basic education) to the highest education (level 8 – doctoral studies).


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Level of professional qualification
Till 1 august 2022 in Latvia had a system of five professional qualifications levels (PQL, 1 – the lowest, 5 – the highest).

PQL system covers only professional qualifications (basic education, secondary and higher education stages).

PQL reflects readiness of a person to perform work of certain stage of complexity and responsibility.
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Learning outcomes

Learning outcomes are knowledge, skills and competences acquired during a certain period of learning.

In Latvia, learning outcomes are stipulated by state education standards and occupational standards (for the professional qualifications).

Learning outcomes of higher education are defined by higher education institutions.


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1) the compliance of the knowledge and skills of the graduates with the occupational standard;
2) to understand the economic and financial situation in Latvia and in the world;
3) ability to identify financial and actuarial problems that can be solved by applying information technologies;
4) ability to analyze business-related processes using IT solutions;
5) ability to manage optimization of security portfolios and investments;
6) ability to analyze, model and forecast financial flows, as well as to design management systems for financial analysis using IT solutions;
7) ability to explain the basic principles of the use of financial instruments;
8) skills to assess profitability and risk of financial investments, to develop recommendations for reduction of financial risks;
9) skills to solve economic and social tasks by conducting the statistical analysis of the financial flows;
10) ability to conduct statistical analysis of such indicators as mortality, functional disorders, and others using IT solutions;
11) skills to analyze insurance market trends and calculate insurance losses and premiums using IT solutions;
12) ability to apply modern quantitative methods in financial analysis and financial engineering;
13) skills to use mathematics and statistics software;
14) skills in order to be able to act independently and make decisions, as well as to use the acquired knowledge in practice;
15) reach a certain level of culture, which allows starting public activities and communicating with Latvian and foreign intellectual circles.

Qualification acquisition requirements

Previous education
Certificate of general secondary education or Diploma of vocational secondary education
Ways to acquire 
Qualifications can be acquired in the framework of education programs or in the evaluation and recognition of non-formal knowledge, skills and competences acquired (in vocational education LKI Levels 2-4).
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Formal (through education programmes)
ECTS credit points 
Snice 11.10.2022 60 credit points correspond to the study results acquired in full-time studies in one academic year in accordance with the European Credit Transfer and Accumulation System (ECTS).Since 11.10.2022

Till 11.10.2022 1 Latvian credit point corresponds to 1,5 ECTS credit point.
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240
Duration of study 
Duration of qualification in full-time studies
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4 years

Qualification document

Awarding body

Higher education institution:

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Qualifications Framework level

EQF level

European Qualifications Framework (EQF) has 8 levels (1 – the lowest, 8 – the highest).

Levels reflect the complexity level of acquired knowledge, skills and competences (learning outcomes).


Go to the Glossary section
?

6

LQF level

Latvian Qualifications Framework (LQF) has 8 levels (1 – the lowest, 8 – the highest).

Levels reflect the complexity level of acquired knowledge, skills and competences (learning outcomes).

LQF covers stages of education starting from the basic education (level 1 – special basic education) to the highest education (level 8 – doctoral studies).


Go to the Glossary section
?

6

Level of professional qualification

Till 1 august 2022 in Latvia had a system of five professional qualifications levels (PQL, 1 – the lowest, 5 – the highest).

PQL system covers only professional qualifications (basic education, secondary and higher education stages).

PQL reflects readiness of a person to perform work of certain stage of complexity and responsibility.


Go to the Glossary section
?

5

LQF PQ level:

Kas ir LKI?2

Theoretical and practical training corresponding to the LQF levels, characterized by the learning outcomes that can be achieved at the relevant level, which gives the opportunity to perform work corresponding to a certain level of complexity and responsibility.
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6

Qualification field, stage and type

Thematic field (ISCED 2013)
International Standard Classification of Education (ISCED) developed by UNESCO.
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Mathematics and statistics (054)

Detailed field: (ISCED 2013)

Statistics (0542)

Education
Stages of Latvian education system included in the LQF:
- basic education
- secondary education
- higher education
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Higher education

Qualification type
ITypes of Latvian education:
-General education
-Professional education
-Academic education
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Vocational

Full or partial

Full qualification

Other information

National Education Information System

Active qualification

Period for issuing qualification: 2023-2029

Last changes: 17.07.2025

Posted: 25.10.2023