admission@vm.vu.lt

International business

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Author: T. Gorbačas

International business

Back
It is a pleasure and an honor being a part of the Vilnius University Business School. The international and multicultural atmosphere here has a great impact on the students, motivating and inspiring them to start building professional relations on a global scale. Our International Business program teaches us the art of mastering global business methods and modules, preparing us for any situation we might encounter in the real world while seeking our future prospective careers.
M. Louie Khalili,
From Russia
The benefits of studies in Vilnius University Business school is that we have a chance to discover and apply new knowledge in other subjects. The are a lot of complex case studies are given to us during studies, which challenge problems and develop critical thinking. Almost on all subjects, we are working in the groups and that groups are international. Study on English is the great opportunity for future career prospectives. Whereas studying on International Business programme, I find new interests which will help me to choose a direction for Master degree.
Yunona Kondratyuk,
From Ukraine

International business

As American businessman Nolan Bushnell accurately pointed out: everyone who has ever taken a shower has an idea, but the difference is made only by the person who does something about it. If you are ready to give yourself a freedom to generate new ideas and bring them to life, discover original solutions and implement them – International business programme is a good start.
 
Admission

Programme type

Bachelor`s studies (university)

Field of study

Business and Management

Study area

Business and Public Management

Qualification awarded

Bachelor in Business Management

Length of programme

3.5 years (7 semesters)

Scope of programme (ECTS)

210

Language of instruction

English

Location

Vilnius, Lithuania

Starting date

1st of September, 2017

Tuition fee EU students

3620 EUR/per year

Tuition fee Non-EU students

3620 EUR/ per year

Admission Requirements and Selection Criteria

  • Matura (high school leaving) certificate;
  • English language proficiency - the level not lower than B2 (following the Common European Framework of Reference for Languages (CEFR).

All applicants are required to provide evidence of English language proficiency, i.e. submit scores of one of the following examinations: TOEFL, IELTS, CPE, CAE or BEC.

TOEFL score: Internet-based - score of 69
IELTS score: at least 5.5

Your English language skills will also be evaluated during video interview via Skype.

 

International Mobility 

Students can participate in ERASMUS+ mobility programme or use VU’s Bilateral cooperation agreements which gives an opportunity to study at VU’s Partner Universities or do internship abroad.

 

Practical information

http://www.vu.lt/en/studies/practical-information

Rules of admission

 

Academic Contact

Ms. Lauryna Macijauskaitė

E-mail admission@vm.vu.lt

 

Admission Contact

Please apply for more information at Admission Office by e-mail admissions@cr.vu.lt

 

 

 
Study courses

I semester

Course title

Credits

Compulsory courses

25

Introduction to Business

5

Management

5

Microeconomics

5

Art of Negotiation

5

Business English I

5

Optional courses

5

Business Psychology

5

International Protocol

5

 

II semester

Course title

Credits

Compulsory courses

30

Macroeconomics

5

Business Mathematics

5

Business Statistics I

5

Business English II

5

General Education Modules

10

Optional courses

5

Sociology

5

Political Science

 5

 

III semester

Course title

Credits

Compulsory courses

25

Accounting

5

Business Statistics II

5

Marketing

5

Human Resource Management

5

General Education Modules

5

Optional courses

5

Organizational Communication

5

Service Business

5

 

 

IV semester

Course title

Credits

Compulsory courses

25

Knowledge and Innovation Management

5

Business Research

5

Intercultural Management and Communication

5

Business Law

5

Business Ethics and Social Responsibility

5

Optional courses

5

Leadership

5

Sales

5

     

 

V semester

Course title

Credits

Compulsory courses

25

Strategic Management

5

Entrepreneurship

5

Quantitative Business Decisions

5

Corporate Finance

5

Project Management

5

Optional courses

5

Digital Marketing

5

Quality Management

5

VI semester

Course title

Credits

Compulsory courses

25

International Business

5

Course Paper

5

International Economics and Trade

5

Financial Markets and Investments

5

Financial Management

5

Optional courses

5

Emerging Markets

5

Comparative Economics

5

Family Business

 

VII semester

Course title

Credits

Compulsory courses

30

Practical Training

15

Bachelor Thesis

15

 

Diploma

University studies shall be completed when all requirements of the chosen full-time study programme are fulfilled. Graduates of University study shall receive a diploma certifying hereof.

If students fulfil the first and second cycle full-time study programmes with especially high results, they are issued a special CUM LAUDE diploma. If students fulfil the second cycle full-time study programme or the integrated study programme with especially high results and have distinct scientific competence, they are issued a special MAGNA CUM LAUDE diploma.

Diploma Supplement which identifies study subjects, their content and results, is issued together with diploma. Diploma Supplement is a document that complies with the model agreed by the European Commission, the Council of Europe and UNESCO/CEPES; it supplements a higher education, Master or Bachelor diploma with the data required for international academic and professional recognition, provides description of the nature and contents of the studies completed by its holder and gives details on the national higher education system.

Diploma Supplement is produced in Lithuanian and English and is issued to all graduates since 2006 automatically and free of charge as an integral part of diploma. 


How we see it?

In this programme you will get a broad education and the perception of a real business world. You will acquire knowledge in such fields as Economic analysis, Marketing and Sales, Accounting and Finance, Customer relationship management, Negotiation, Communication, Project management, etc. Here you will learn how to create and run a successful business.  

Real-life business. An International Business programme has a strong orientation towards real-life – real business stories and problems, real hunting for the best solutions.

Dynamic learning. Here you will get not only knowledge, but also the essential skills from experienced lecturers and business leaders. Weekly class time is typically divided into formal lectures and seminars or tutorials. Students also have many opportunities of independent discoveries and learning.

Gaining experience. During the last year of studies all undergraduate students are required to complete a minimum of 12 weeks practice placement. You will have an opportunity to work either abroad or in national business enterprises, gaining experience of putting the skills into practice and building upon the obtained knowledge and abilities.

Skills you will get

From idea to success. Turn business ideas into action by setting business and managing its growth.

Information management. Search, locate, analyse and synthesize information necessary for business purposes.

Analytical skills. Interpret business reports and evaluate performance of an organization. Select and apply relevant research techniques for business and its environment.

Strategy and planning. Prepare and implement business plans.

Leadership. Apply decision making methods appropriate to a given business situation.

Insight. Identify business development problems and obstacles, and find the means of their solution.

Charisma. Demonstrate qualities of independence, good communication and presentation skills.

Career opportunities


Graduates of International Business studies have good career opportunities. From creating and running own business to becoming valued professionals in any organization or company. From finance and insurance, trade and marketing to human resource management, e-business, private or public management. The sufficiently strong academic backing of the programme enables students to pursue Master degree either in Lithuania or abroad.  
 
Programme duration: 3,5 years (7 semesters)
Language of instruction: English
Study form: Full time

 

Have questions? Contact us!

Lauryna Macijauskaitė

Head of Administration Group

e-mail admission@vm.vu.lt

skype vubs

 

Feeling inspired? We are waiting for you!

International Project Management

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Autorius: T. Gorbačas

International Project Management

Back
Studies at Vilnius University Business School was a life changing experience for me. It opened new ways for both personal and professional developmnet. In this dynamic world an amateur project management is not sufficient any longer. The International management studies at BS and the IPMA Level C certificate which followed provided me with the necessary practical skills for my own business. It made me undersand that the core for a successful project management is not only technical knowledge but, most importantly, communication, people ant the general background of every project. It was definetely a right choice and a long term investment that made me more professional, creative and self-confident in the business environment.
Raminta Šileikaitė,
Alumni, Certification Body manager at LPVA, Director of JSC Training Expert Group

International Project Management

Chaos is just a million opportunities to make an order. The future belongs to people who see chaos and fast changes not as obstacles, but rather as challenges. Sounds like you? International project management programme is YOUR BEST CHOICE.

Admission

Programme type

Master`s studies (university)

Field of study

Business and Management

Study area

Business and Public Management

Qualification awarded

Master in Business Management

Length of programme

1.5 years (3 semesters)

Scope of programme (ECTS)

90

Language of instruction

English

Location

Vilnius, Lithuania

Starting date

1st of September, 2017

Tuition fee EU students

4344 EUR/per year

Tuition fee Non-EU students

4344 EUR/per year

 

Program has been designed in close cooperation with Lithuanian Project Management association. Project managers from business companies are taking active part in the programme. Also should be mention, that logics of the programme is based on International Competence Baseline of IPMA (International Project management association www.IPMA.Ch). Graduates of International Project management could apply for International certification IPMA D Level. IPMA certificates are widely recognised in Project management global society.

 

Admission Requirements and Selection Criteria

  • Bachelor`s degree or its equivalent in Business and Administration of Economics;
  • English language proficiency - the level not lower than B2 (following the Common European Framework of Reference for Languages (CEFR).

  

International Mobility 

Students can participate in ERASMUS+ mobility programme or use VU’s Bilateral cooperation agreements which gives an opportunity to study at VU’s Partner Universities or do internship abroad.

 

Practical information:

http://www.vu.lt/en/studies/practical-information

Rules of admission 

Learning Outcomes

 

Academic Contact

Lauryna Macijauskaitė

Head of Administration Group

e-mail admission@vm.vu.lt

skype vubs

Vytautas Pugačevskis

Program Manager

e-mail vytautas.pugacevskis@vm.vu.lt

 

Admission Contact 

Please apply for more information at Admission Office by e-mail admissions@cr.vu.lt

 

 

 
Study courses

 

I semester

Course

Lecturer

Mandatory

 

Project and Project Organization Operational Management (10 ECTS)

 

The objective of this course is to develop Project Management knowledge and practice competences, with particular focus on in classical approach as well as social competencies in PM. Students will gain theoretical knowledge about the main operational project management models, roles, responsibilities and functions and be able to explain the goals and methods of project team development, the role of project leadership. Students will be able to apply operational project management skills, especially focusing on the following competences: Project design, Requirements and objectives, Scope, Time, Procurement, Risk and opportunity as well as analyse the lessons learned in project work.

Partnership doc. Vytautas Pugačevskis

Agile Project Management (5 ECTS)

 

The objective of this course is to develop Project Management knowledge and practice competences, with particular focus on Agile approach as well as social competencies in PM.

Students will gain theoretical knowledge and practical aspects about Agile Project Management principles, methods and tools and be able to explain and analyze Agile Project Management principles in projects, especially focusing on the following competences: Scope, Time, and Teamwork.

Students will be able to demonstrate knowledge, comprehension and application of the following Key competence indicators using Agile approach: Structure the project scope; Define the work packages of the project; Establish and maintain scope configuration; Monitor progress against the schedule and make any necessary adjustments.

Students will be able to cooperate and communicate with peers and other stakeholders, effectively lead and manage the team.

 

Human Resource Management (5 ECTS)

 

The objective of this course is to develop Project Management knowledge and practice competences, with particular focus on Human resource management specific to PM as well as social and personal competencies in PM.

Students will gain theoretical knowledge about the concepts of project Human resources management, its key features, principles, development, key areas and their role in project management, will gain competence in Human resource management specific to PM, including Personal communication, Leadership, Teamwork.

Students will demonstrate knowledge, comprehension of the role of Human Resources in building successfully working project teams and develop application of the following Key competence indicators: Choose communication styles and channels to meet the needs of the audience, situation and management level; Provide direction, coaching and mentoring to guide and improve the work of individuals and teams; Support, facilitate and review the development of the team and its members. 

 
Partnership doc. dr. Mantas Tvarijonavičius
Partnership doc. Artūras Bučinskas

Project Financial Management (5 ECTS)

 

The objective of this course is to develop Project Management knowledge and practice competences, with particular focus on Project finance as well as social competencies in PM.

Students will gain knowledge, comprehension and application of project finance competences, fundamentals of the capital investment management in projects, programmes and portfolios management, develop practical skills in financial management of capital investment that would facilitate abilities to plan, organise, analyse and assess a company‘s development and expansion projects. 

Prof. Arvydas Paškevičius

Optional

 

Innovation and Change Management (5 ECTS)

 

The objective of this course is to provide a broad range of innovation and change management knowledge, as well as develop skills for applying Innovation Management.

Students will gain knowledge, apprehension and be able to explain the various factors of innovation management and their interrelationship. As well they will gain knowledge on lateral thinking (compared to a patterned way of thinking), be able to draw on and explain best practice in Innovation Management from European and local scenes and will gain practical skills in identifying opportunities to maximize growth and profitability, developing an innovation management plan and implementing all parts of an innovation management plan.

 
Prof. O. Mauroner

Enterprise IT architecture (5 ECTS)

 

 
Assoc. Prof. PH. D. Ignas Dzemyda

II semester

Course

Lecturer

Mandatory

 

Process Management & Quality Management (5 ECTS)

 

The objective of this course is to develop Project Management knowledge, practice and perspective competences, with particular focus on competences in project quality and organisational strategy alignment as well as social competencies in PM.

Students will be able to demonstrate knowledge, comprehension and application of the following Key competence indicators: Develop, monitor the implementation of, and revise a quality management plan for the project, Ensure quality throughout the project. As well as they will be able to demonstrate knowledge, comprehension and application at the advanced level of this KCI: Align with organisational vision and mission.

Lect. Artūras Kuliešas

Strategic Management (5 ECTS)

 

The objective of this course is to develop Project Management knowledge and practice competences, with particular focus on competences in Strategy specific to PM as well as social competencies in PM.

Students will be able to demonstrate knowledge and comprehension in fundamental concepts and theories in strategic management, develop skills to apply this knowledge to strengthen competitive advantages of companies.

They will be capable to make key strategic decisions, to provide performance optimization recommendations as well as identify success criteria which will be used in strategic monitoring. And will be able to demonstrate knowledge, comprehension and application of the following Key competence indicators: Align with organizational mission and vision, Develop and ensure the ongoing validity of the business / organisational justification.

Partnership doc. Eglė Daunienė

Strategic Project Management (10 ECTS)

 

The objective of this course is to develop Project Management knowledge and practice competences, with particular focus on competences in strategic project management as programmes and portfolios as well as social competencies in PM.

Students will be able In particular, demonstrate knowledge, comprehension and application of the following competences: Programme design,  Portfolio design, Programme requirements and objectives,  Portfolio Requirements and objectives, Programme organisation and information, Portfolio Organisation and information, Portfolio plan and control, Programme select and balance, Portfolio select and balance by demonstrating knowledge, comprehension and application.

   
Partnership doc. Vytautas Pugačevskis
Part. assoc. prof. A. Bučinskas

Research Methods (5 ECTS)

 

 

Prof. Vytautas Dikčius
Assist. dr. Dalia Čiupailaitė

International Project Management (5 ECTS)

 

The objective of this course is to develop international (global) Project Management knowledge, practice and perspective competences, with particular focus on competences in competences in Culture and values as well as social competencies in PM.

Students will gain knowledge about the concepts and the context of multi-cultural international project management; the instruments for project costs evaluation and management; culture-specific features of human resource management for the selection and development of international project personnel; culture-specific features of the running of international projects, needs for project managers’ competences, project managers’ roles and objectives; the aspects of cultural leadership and motivation; the culture-specific features of international project team formation; programme instruments used in project management;  international project communication methods and technologies; the cultural aspects of cooperation and the fundamentals of conflict management in international projects; the key aspects of knowledge management in international projects; the aspects of global project management as well as the tendencies in international project management.

 

Lect. dr. Vaidotas Viliūnas
Lect. Daina Čiudarienė

 

III semester

Course

Lecturer

Mandatory

 

Scientific Research Work (10 ECTS)

 

The objective of this course is to develop students’ skills in scientific research in international project management on the grounds of scientific methodology and scientific research methods, to develop the skills to integrate competences of problem formulation, literature review, developing a research strategy and describing the research methodology, arranging bibliography of literature.

Supervisor

 

Master Thesis: Final Part (20 ECTS)

Supervisor

 

 

  *Lecturers and courses list can be changed.

   
Study form: full-time
Study lenght: 1,5 year (3 semesters)
Study language: English
Lectures will be held by modules every 2 weeks: 
Thursday: 18.00 - 21.10
Friday: 16.20 - 19.30
Saturday: 9.00 - 16.00

 
Diploma

University studies shall be completed when all requirements of the chosen full-time study programme are fulfilled. Graduates of University study shall receive a diploma certifying hereof.

If students fulfil the first and second cycle full-time study programmes with especially high results, they are issued a special CUM LAUDE diploma. If students fulfil the second cycle full-time study programme or the integrated study programme with especially high results and have distinct scientific competence, they are issued a special MAGNA CUM LAUDE diploma.

Diploma Supplement which identifies study subjects, their content and results, is issued together with diploma. Diploma Supplement is a document that complies with the model agreed by the European Commission, the Council of Europe and UNESCO/CEPES; it supplements a higher education, Master or Bachelor diploma with the data required for international academic and professional recognition, provides description of the nature and contents of the studies completed by its holder and gives details on the national higher education system.

Diploma Supplement is produced in Lithuanian and English and is issued to all graduates since 2006 automatically and free of charge as an integral part of diploma. 


How we see it?

THE WORLD NEEDS LEADERS. Our aim is to prepare highly skilled Project Management professionals who will be able not only to create harmony in chaos, but also be a true leaders of teams in projects, programmes and portfolios in business and in private sector. From smallest family businesses to biggest international projects. From talented managers to gifted leaders.

NO THEORIES INCOMPATABLE WITH REALITY. This study programme focuses on problem-based teaching and learning methods. Here theory and practise go hand-in-hand.

REAL OPPORTUNITY TO LEARN FROM THE BEST. We apply the analysis of practical examples, the independent individual and group tasks, discussions, simulations (role plays, action analysis within simulated situations). You will learn about the best practises from the best professionals in IPM field.

Why us?

SAVE TIME. Nowadays time is limited good, but time invested in learning always pays off. It is a unique international modular programme for working students. This programme is adapted to the needs of busy people.

MANAGE YOUR STUDIES. Study plan and duration are up to you. You can be a manager of your own time and studies, choose your best option from 3 different study plans: usual, indvidual plan or by modules.

MAKE CONTACTS. Programme has been designed in close cooperation with Lithuanian Project Management Association. Project managers from business companies are taking active part in the programme.

GET BASIS FOR THE FUTURE. Logics of the programme is based on International Project Management Association (IPMA) Individual Competence Baseline. Knowledge and skills gained in this Programme will form a solid foundation in preparation for International IPMA Certification. IPMA certificates are widely recognized in the global project management community.

 

What will decorate your CV?

  1. PROJECT MANAGEMENT FROM A to Z. You will manage to setup a project organizational structure, prepare a Business Case, work with Project Board/Steering Committee.

  2. LEADING WORKING TEAMS. You will be able to form, manage and lead project teams, take responsibility for their work quality and that of their subordinates as well as its evaluation.

  3. ANALYTICAL SKILLS. You will be able to analyze and critically evaluate a range of information related to your occupational field.

  4. COMMUNICATION SKILLS. You will manage to communicate efficiently in team, with colleagues of varying job position levels, business partners and customers.

  5. DECISION-MAKING. You will manage to efficiently analyze complex situations and make well-grounded decisions.

  6. REPRESENTATION. You will be able to represent the team and the organization.

  7. ETHICS. You will be able to apply ethical principles of business ethics in your performance.

 

Have questions? Contact us!

Lauryna Macijauskaitė

Head of Administration Group

e-mail admission@vm.vu.lt

skype vubs

 

 

Feeling inspired? We are waiting for you!

MBA Entrepreneurship

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MBA Entrepreneurship

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Entrepreneurship is the engine fuelling innovation, employment generation and economic growth. Only by creating an environment where entrepreneurship can prosper and where entrepreneurs can try new ideas and empower others can we ensure that many of the world’s issues will not go unaddressed.
Prof. Klaus Schwab,
Founder and Executive Chairman of the World Economic Forum and the Schwab Foundation for Social Entrepreneurship

✔ Entrepreneurial mind-set for achieving your life goals.

✔ Action learning, project-based methods with the emphasis on personal development.

✔ Strong social partners network.

✔ Lectures will be held according to a flexible schedule.

✔ A multinational environment.

✔ The only MBA program in Entrepreneurship in the Baltic States.

 


Program Design


Download Brochure

 Prof. James Bowen  

Creative Design, Prototyping, and Testing
Creative Design, Prototyping, and Testing

The objective of this module is to use creative approaches to design product or services such that assumptions, risks and costs are detailed enough to present to investors a plan to test ideas with customers and stakeholders. The creative approaches will incorporate ideas such as universal design, minimum testing, risk, inhibitors, and gamification.

Content

  • Creativity, innovation, and the creative;
  • Gamification;
  • Universal design principles and design thinking;
  • Minimum variable product and testing methodologies;
  • Developing testing plans for investors including understand risk and inhibitors;
  • Practical simulation case of entrepreneurship.

Learning outcomes

  • You will understand the nature of creativity, innovation and the creative process;
  • You will be able to use gamification as a motivation approach for customers;
  • You will be able to apply universal design principles and design thinking in new products and services.

Partnership Assoc. Prof. Marius Dubnikovas  

Financial Management and Venture Financing
Financial Management and Venture Financing

The purpose of this course is to develop entrepreneurial competencies in financial management and venture financing.

Content: breakdown of the topics

  • Setting Financial goals for Entrepreneurial purposes
  • Understanding Financial statements
  • Revenue and Expense Forecasting
  • Monitoring Financial Performance
  • Day to Day Cash flow Management and Forecasting
  • Start-up Financing 
  • External Sources of Financing
  • Planning for the Entrepreneur transition
Learning outcomes
  • You will be able to differentiate key financial concepts, statements and ratios, ability to analyse complex data, understanding financial implications of entrepreneurial decision-making.
  • You will be able to integrate financial knowledge in developing solutions in case studies.
  • You will be able to differentiate and appraise various sources of entrepreneurial financing.

Prof. Jūratė Liauksminaitė  

Intellectual Property Law
Intellectual Property Law 

The purpose of this course is to develop students’ knowledge and competencies in the field of the intellectual property law so that they know how to use them in the entrepreneurial context.

Content

  • Concept of Intellectual Property. Protection of Intellectual Property on International, EU and national levels;
  • Copyright;
  • Legal protection of Related Rights;
  • Transfer of Authors and Related rights. Copyright contracts;
  • Legal protection of trade secrets and know-how. Protection against unfair competition;
  • Patent Law;
  • Trademark Law;
  • Design Law;
  • Legal protection of trade names and domain names;
  • Enforcement of Intellectual Property rights.
Learning outcomes
  • You will be able to differentiate the key concepts, principles and models of intellectual property protection and those of the system of legal environment of intellectual property;
  • You will be able to identify the object of the intellectual property, select and provide sound arguments with reference to the chosen option of legal protection for an intellectual creation result (product);
  • You will be able to arrange and analyze copyright, license and confidentiality agreements.

Partnership Prof. Ramūnas Birštonas   

Intellectual Property Law
Intellectual Property Law 

The purpose of this course is to develop students’ knowledge and competencies in the field of the intellectual property law so that they know how to use them in the entrepreneurial context.

Content

  • Concept of Intellectual Property. Protection of Intellectual Property on International, EU and national levels;
  • Copyright;
  • Legal protection of Related Rights;
  • Transfer of Authors and Related rights. Copyright contracts;
  • Legal protection of trade secrets and know-how. Protection against unfair competition;
  • Patent Law;
  • Trademark Law;
  • Design Law;
  • Legal protection of trade names and domain names;
  • Enforcement of Intellectual Property rights.
Learning outcomes
  • You will be able to differentiate the key concepts, principles and models of intellectual property protection and those of the system of legal environment of intellectual property;
  • You will be able to identify the object of the intellectual property, select and provide sound arguments with reference to the chosen option of legal protection for an intellectual creation result (product);
  • You will be able to arrange and analyze copyright, license and confidentiality agreements.

Prof. Mindaugas Laužikas  

Opportunity Recognition and Evaluation
Opportunity Recognition and Evaluation

The purpose of this course is to develop students’ entrepreneurial competencies in opportunity recognition via innovative business intelligence and information analysis techniques, which will help identify niche and continuously strengthen competitive advantages of a venture in volatile and dynamic markets.

Content

  • Necessity versus opportunity entrepreneurship; niche identification within factors, efficiency and innovation-driven economies; opportunity identification in each category of countries across various industries (in particular focused on process and service innovation);
  • Information and knowledge management; Business Intelligence and data analysis techniques;
  • Creativity enhancement systems and innovation commercialization processes;
  • Innovation and opportunity drivers and obstacles;
  • Financial indicators and forecasting;
  • Strategic planning and coordination in change management;
  • Opportunity empowering via strategic collaboration;
  • Main global trends in opportunity-driven business development.
Learning outcomes
  • You will be able to interpret the main opportunity recognition-related concepts, theories, models;
  • You will be able to independently apply business intelligence models in competitors/market analysis as well as to identify competitive advantages of the companies;
  • You will be able to measure, forecast and strategically plan the future success and efficiency of new opportunities;
  • You will be able to identify strategic challenges, risks and new opportunities within business development.

 

Assoc. Prof. Juris Ulmanis  

Market Development and Commercialisation
Market Development and Commercialisation

The purpose of this module is to develop students’ entrepreneurial competencies in market development and commercialisation so that they know how to develop market viability of a new product or service and come up with a marketing strategy.

Content: breakdown of the topics

  • Marketing and Entrepreneurship; Sustaining competitive advantage of new ventures
  • Identifying Market Opportunities: market research, demand forecasting
  • Market Development: creating a new market, segmentation and targeting, product concept development, focus vs. diversification, positioning tools
  • Entrepreneurial Communication Strategy: leverage communication, overcome market resistance
  • Entrepreneurial Pricing Strategy: pricing models and tools, market expansion and pricing
  • Entrepreneurial Distribution Strategy: the power of trust in manufacturer-retailer relations
  • Building Customer relationship: managing customers, relationship marketing
Learning outcomes
  • You will be able to apply key concepts, theories and models of entrepreneurial marketing and use this knowledge to make sound marketing problem solving.
  • You will be able to use relevant low-cost marketing tools to solve entrepreneurial marketing problems creatively with limited financial resources.
  • You will be able to understand the complexities of business ethics in business context and apply it in marketing problem solving.
  • You will be able to integrate marketing knowledge into developing a strategic marketing solution.

Dr. Bram Kuijken  

Business Modelling and Customer Validation
Business Modelling and Customer Validation

The purpose of this course is to develop students’ entrepreneurial competencies in building a viable business model and thoroughly validating it through the process of customer validation.

Content

  • Start with the problem;
  • Are you really creating value?
  • From assumptions to facts;
  • Build your Minimum Viable Product and your business model;
  • Get out of the building;
  • Pivot or Persevere and Pitching.
Learning outcomes
  • You will be able to build a coherent and viable business model by applying tools such as the Lean Canvas and Business Model Canvas and by applying the Lean Start-up methodology;
  • You will be able to formulate testable critical assumptions that underlie the identified business model;
  • You will be able to apply the process of customer validation and select and apply a set of validation tools to thoroughly validate the critical assumptions.

Dr. Vilija Girgždė  

Gathering Talent and Facilitating Collaboration
Gathering Talent and Facilitating Collaboration

The purpose of this module is to develop students’ entrepreneurial competencies in gathering talent and facilitating collaboration when creating, running and developing a project or a company.

Content

  • Team formation and development;
  • Role distribution and enactment;
  • Team diversity;
  • Managing interdependence and leading members;
  • Communication in teams;
  • Exercising values, building culture;
  • Leveraging interpersonal relationships and social interactions;
  • From individual to team performance: appraisal.
Learning outcomes
  • You will be able to differentiate key concepts and models for effective teamwork and apply them in changing situations.
  • You will learn about various collaboration processes and tools, and you will be able to apply them to facilitate group work in cross-cultural situations.

 

Partnership Assoc. Prof. Eglė Daunienė  

Gathering Talent and Facilitating Collaboration
Gathering Talent and Facilitating Collaboration

The purpose of this module is to develop students’ entrepreneurial competencies in gathering talent and facilitating collaboration when creating, running and developing a project or a company.

Content

  • Team formation and development;
  • Role distribution and enactment;
  • Team diversity;
  • Managing interdependence and leading members;
  • Communication in teams;
  • Exercising values, building culture;
  • Leveraging interpersonal relationships and social interactions;
  • From individual to team performance: appraisal.
Learning outcomes
  • You will be able to differentiate key concepts and models for effective teamwork and apply them in changing situations.
  • You will learn about various collaboration processes and tools, and you will be able to apply them to facilitate group work in cross-cultural situations.

Dr. Olga Štangej  

Managing Rapid Growth and Virtual Teams
Managing Rapid Growth and Virtual Teams

The purpose of this module is to develop students’ entrepreneurial competencies in managing rapid growth and virtual teams when creating, running and developing a project or a company.

Content: breakdown of the topics

  • Company and growth: stages and challenges
  • From projects to ventures: team work modes
  • Entrepreneurial growth as a collective outcome
  • Harnessing rapid growth
  • Communication in virtual teams
  • Managing interdependence and leading members in virtual teams
  • Developing culture in virtual teams
  • Sustaining competitiveness over the long-run
Learning outcomes
  • You will be able to lead virtual teams towards achievement of entrepreneurial goals, by adapting to new situations related to rapid growth, communicating a vision, contributing effectively to a virtual team environment.
  • You will be able to explain and analyse and the stakeholders and the role and specifics of virtual teams in organizations.
  • You will be able to operate effectively in cross-cultural settings, understanding the importance of globalisation, while managing rapid growth.

Partnership Assoc. Prof. Dr. Mantas Tvarijonavičius  

Leadership Competencies in Entrepreneurial Context
Leadership Competencies in Entrepreneurial Context

The purpose of this module is to develop students’ entrepreneurial leadership competencies in the entrepreneurial context when creating, running and developing a project or a company.

Content

  • Embracing: an introduction to leadership. Different views to leadership. Leadership: inherited characteristics or learned skills?
  • Embracing: leadership and personality. Personality traits of successful leaders
  • Embracing: leadership roles and goals. Leadership in business.
  • Embracing: leadership ethics, values and culture(s). Sustainable leadership
  • Enacting: configuring leadership. Evaluation of one’s leadership abilities and skills
  • Enacting: entrepreneurial leadership. Vision. Ability to engage people around vision. Empowering people
  • Enacting: interpersonal relationships. Building trust
  • Enacting: leadership performance
  • Enacting: leadership accountability
  • Exercising: leadership styles
  • Exercising: influence through communication. Dealing with difficult situations according to leadership values and ethics
Learning outcomes
  • You will be able to understand the complexities of business ethics in team environment and act with integrity.
  • You will be able to enhance your career and commitment to lifelong learning, as well as engage in entrepreneurial self-management.

Partnership Assoc. Prof. Aistė Ptakauskė  

Experiential Entrepreneurship Project
Experiential Entrepreneurship Project

The purpose of this module is to develop students’ entrepreneurial competencies by solving real-life problems and cases, as well as practically implementing knowledge and skills gained in all other modules of the study program. 

Content

  • Primary stages of a project. Project scope management;
  • Aligning the project to strategies of a social partner’s organization. Immersion into the problem or need;
  • Leadership and control of execution. Communication and negotiation;
  • Personal Creativity Machine;
  • Unique Value Proposition;
  • Project management functions and their interdependencies;
  • Time management. Development of work breakdown structure, schedules and milestone plans;
  • Cost management;
  • Study visit.
Learning outcomes
  • You will be able to lead themselves and others in the achievement of entrepreneurial goals, contributing effectively to the team environment, adapting to new situations;
  • You will be able to engage in productive entrepreneurial self-management in real-life problem solving;
  • You will be able to integrate functional knowledge as well as apply strategic entrepreneurship skills in real-life situations.
STUDY VISIT
Study Visit

In the course of the program, all students will participate in an intensive weeklong study visit either in Lithuania or abroad. The main objective of this study visit is to foster close links with different entrepreneurs as well as to get to know entrepreneurial ecosystems across Europe and beyond. Depending on the student`s choice, the study visit may take place in one of the three countries: Lithuania (creative entrepreneurship), the Netherlands (social entrepreneurship), India (technological entrepreneurship). Vilnius University Business School takes full responsibility for the program of the study visit, but students will have to pay for their own travel and sustenance.

 
 
 

MSc vs. MBA

Investment

 
Investment to your personal development – 8,870 EUR
(For students from EU countries)
 
Investment to your personal development – 9,750 EUR
(For Non - EU students) 
 

ADMISSION REQUIREMENTS
  • Strong motivation and availability / ability to acquire entrepreneurial competences.
  • A bachelor’s degree.
  • At least 3 years of business or management work experience.
  • C1 level in English language.
APPLICATION AND SELECTION REQUIREMENTS

When applying to the MBA Program in Entrepreneurship, the applicant will have to submit a copy of a bachelor’s diploma with an academic transcript, CV and a cover letter in English.

If the admission committee decides that the applicant qualifies for the program, the applicant will be invited for an interview at Vilnius University Business School.

Diploma

University studies shall be completed when all requirements of the chosen full-time study programme are fulfilled. Graduates of University study shall receive a diploma certifying hereof.

If students fulfil the first and second cycle full-time study programmes with especially high results, they are issued a special CUM LAUDE diploma. If students fulfil the second cycle full-time study programme or the integrated study programme with especially high results and have distinct scientific competence, they are issued a special MAGNA CUM LAUDE diploma.

Diploma Supplement which identifies study subjects, their content and results, is issued together with diploma. Diploma Supplement is a document that complies with the model agreed by the European Commission, the Council of Europe and UNESCO/CEPES; it supplements a higher education, Master or Bachelor diploma with the data required for international academic and professional recognition, provides description of the nature and contents of the studies completed by its holder and gives details on the national higher education system.

Diploma Supplement is produced in Lithuanian and English and is issued to all graduates since 2006 automatically and free of charge as an integral part of diploma. 

 

 

Have questions? Contact us!

Lauryna Macijauskaitė

Head of Administration Group

e-mail: lauryna.macijauskaite@vm.vu.lt, mba@vm.vu.lt 

Skype: vubs

 
 

Feeling inspired? We are waiting for you!

Contacts

Vilnius University Business School
Sauletekio av. 22, LT-10225 Vilnius, Lithuania

Phone: +370 5 2366898
info@vm.vu.lt

Admission:
admission@vm.vu.lt