- To provide high quality education and training of competitive specialists for Latvia’s national economy.
- To participate in the realization and development of professional Bachelor’s, Master’s and Doctoral study programmes.
- To provide students with the knowledge of Commercial, Law, Civil Law, Labour and Tax Law, Intellectual Property Law, which is necessary for successful entrepreneurial activities.
- To present the latest changes in legal regulations of entrepreneurial activity in the Republic of Latvia and the European Union.
- To provide future specialists with opportunities to acquire practical professional skills relevant to the chosen profession.
- To organize and implement educational and tutorial work for students.
- To provide continuous professional development for the academic staff in accordance with the strategic development plan of the Institute.
- To carry out educational and methodological work preparing study materials and teaching aids to provide students with full-time and part-time study courses and distance learning courses.
- To undertake research in the areas of professional interest of the leading specialists of the department, including active participation in conferences and academic readings.