Group A of the Division I tournament was held in Přerov, Czech Republic, while Group B was contested in Ventspils, Latvia, both running from April 6 to 12. The winner of Group A was promoted to the Top Division Playoff for the 2015 championships against the last team of the 2014 Winter Olympics tournament, Japan. The last-placed team of group A was relegated to 2015 Group B. The Group B winner moved up to Group A, while the last placed team was relegated to Division II Group A. Divisions I A and I B represent the second and the third tier of the IIHF World Women's Championships.