Study program

Logic of the International Business study program 

The modular International Business program is designed to provide students with the knowledge, skills, and competencies they need to establish, develop, and expand a business under uncertainty through a step-by-step approach.

Key strengths of this study program include: 

• Entrepreneurship based learning - a focus on developing entrepreneurial mindset and skills, necessary for creating and leading own business. 
• A modular structure that allows for flexibility and customization of the learning experience.
• Challenge-based learning (CBL), which allows students to apply the concepts and skills they have learned in a practical and relevant context.
• A focus on sustainable entrepreneurship, which helps students understand the importance of social and environmental responsibility in the business world.
• The opportunity for personalization of study through the ability to choose elective courses and tailor the program to individual interests and goals.

One of the unique features of this program is the incorporation of challenge-based  in the core business creation modules each semester. These modules include entrepreneurship management, sustainable economics, entrepreneurship research, entrepreneurship, and project and business process management. This approach allows students to apply the concepts and skills they have learned in a practical and relevant context, helping them to better understand and retain the study material. 

CBL Advantages: 

Challenge-based learning helps students develop critical thinking skills. By working on real-world problems, students must analyze and evaluate information, identify and define problems, and develop creative solutions.

Challenge-based learning promotes collaboration and teamwork. In problem-based learning, students often work in small groups to brainstorm and develop solutions to problems. This helps them learn to communicate effectively with others, share ideas, and work towards a common goal.

Challenge-based learning encourages self-directed learning. In problem-based learning, students are often given a problem to solve and must take the initiative to research and learn the necessary information to come up with a solution. This helps students develop independence and self-motivation.

Challenge-based learning allows for the application of knowledge. Problem-based learning allows students to apply what they have learned in a practical, hands-on way, helping them to better understand and retain the material.

The program provides a strong foundation for those interested in starting their own business or pursuing a career in business management and entrepreneurship.

Structure of the program: 

In the first year, students are introduced to the fundamentals of entrepreneurship, the business environment, sustainable economics, business communication tools, entrepreneurship management, and mathematical methods for making business decisions.

In the second year, students study sales strategies, entrepreneurship marketing, entrepreneurship research, sustainable business development, business financing and entrepreneurship.

In the third year, students study Strategic Business Development and have the opportunity to choose five individual study modules from a list of available options. There are also opportunities for students to participate in the Erasmus+ mobility or Mobility Window programs or to enroll in a double degree program.

The studies are completed with a 3-month professional internship at a business enterprise and a final thesis, which is defended in front of a committee to demonstrate that the student has achieved the outcomes of the study program. Students complete their final thesis in the form of a business case research project.

Admission

  

 Admission Requirements and Selection Criteria for International Students

• Matura (high school leaving) certificate.
• For non-EU/EFTA applicants: the gap since your completed secondary degree should not exceed five years.
• Candidates with at least 70% of the highest possible CGPA (cumulative grade point average) are eligible. 
• English language proficiency - the level not lower than B2 (following the Common European Framework of Reference for Languages (CEFR).
• Candidates should pass recorded video interview. More details will be provided during the application. 

Admission Requirements and Selection Criteria for Lithuanian Students

Exams	Coefficient
Mathematics	0.4
Lithuanian Language and Literature	0.2
Exams and/or annual grades
History or Information Technology, or Geography, or a Foreign Language, or Economics and Entrepreneurship	0.2
Any subject not covered by other subjects	0.2

 

Minimum requirements for admission to state-funded places, state-non-funded places with scholarship and state-non-funded study places 

You need to have passed the following national exams:

- the Lithuanian language and literature state maturity exam in the general (B) or extended (A) course;

- the mathematics state maturity examination in the general (B) or extended (A) course;

- a maturity examination freely chosen by the applicant.

The arithmetic mean of the marks obtained in the three compulsory maturity examinations must not be less than the basic level of learning achievement of 50 points (calculated by adding the results of these examinations and dividing by 3).

Minimum requirements for admission to state-funded (SF), state non-funded with scholarship (SNF/ST), and state non-funded (SNF) study places

Applicants must have passed the following state maturity exams:

• Lithuanian Language and Literature state exam at the general (B) or extended (A) level;
• Mathematics state exam at the general (B) or extended (A) level;
• One freely chosen state maturity exam.

The arithmetic average of the three required state exam results must be no lower than the basic learning achievement level – 50 points (the score is calculated by summing the three exam results and dividing by 3).

For persons who obtained their secondary education in 2025 and 2026, the minimum competitive score is 4.
For persons who obtained their secondary education before 2025, the minimum competitive score is 5.

For more information, please visit Admissions Information.

Financing

Studies can be:

TYPE OF STUDY FINANCING FORM	TUITION FEE/SEMESTER
Own-funded study place for EU/EFTA countries and Ukraine*	1975 Eur
Own-funded study place for non-EU/EFTA countries*	2175 Eur

* The standard tuition fee (1625 Eur) applies to students who complete their first autumn semester with a GPA of at least 95%. Academic performance is reviewed individually each semester.

During the studies students may apply for VU Business School scholarship, social, incentive scholarships, one-off social grants and other. More information(LT). More information(EN).

You can also apply for government-backed loan. More information(LT).

Students who finish a semester at VU BS with a perfect GPA (10.0) are granted up to 1000 EUR excellence scholarship. This scholarship can be earned every semester – excellence is rewarded continuously.

Be among the TOP 10 STUDENTS in your program (based on admission score or GPA for international students) and study for the regular tuition fee. Both Lithuanian and international applicants compete in the same ranking.

Academic Counceling

At VU Business School we pay a lot of attention to students' academic counseling. If you have any questions during your studies, you can contact your study coordinator to solve any problem or just to talk.

During the studies, all relevant information will be delivered by the study coordinator.

Please meet the study coordinator for this study program:

Aistė Prialgauskaitė tel. +370 660 93 060

 

Diploma

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

If students fulfill the first and second cycle full-time study programs with especially high results, they are issued a special CUM LAUDE diploma. 

Diploma Supplement which identifies study subjects, their content, and results, is issued together with the 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 a 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 the diploma. 

Committee

The Study Program Committee is a collegiate governing body responsible for ensuring and continuously improving the quality of the study program. 

The Committee monitors the relevance and currency of the program's content, analyses academic outcomes and student achievements, and initiates program updates in response to labour market developments and feedback from academic staff, students, and social partners. 

The Committee includes student representatives and external partners from the business and public sectors, ensuring a broader perspective on program quality:

Assoc. Prof. dr. Danguolė Oželienė Chairman of the committee	Lecturer Laura Hamidova Lecturer	Lina Žirnelė                Lecturer	associate professor dr. Dileta Jatautaitė
Petras Dubinskas Associate professor of Partnership	Vytautas Jakelaitis Representative of social partners Head of Sales and Business Development at Vilniaus šilumos tinklai	Representative of students (2)

 

Reviews

Contact us

Have questions? Contact us!

 

Information for Lithuanian Students		Information for International Students
	Inga Budrevič   Teams me +370 612 46 044		Lauryna Macijauskaitė Teams me +370 618 26 864