She has been teaching accounting and finance related courses at Riga Business School since 2000. She received a Ph.D. in finance from the Stockholm School of Economics in 2004. During her doctoral studies, she spent a year as a visiting research fellow at the Harvard University, and a semester at the European Central Bank. In parallel with her academic work, Dr. Pajuste serves as a consultant to small and medium-size companies in Latvia advising on financial planning, investment management, and firm valuation issues. Her most recent engagement involved valuation of a distressed company acquisition. Rikšis Mārtiņš