In every business, there is a person who sees opportunities where others see only numbers. A person whose work brings a business idea to life and helps it grow — a finance professional. If you seek a dynamic and engaging career where your mind works at full capacity, enjoy calculating, creating strategies, and forecasting, then the Business and Finance study programme is designed for you!
In this study programme, you will gain the most relevant, business-tested knowledge, which you will later apply daily by creating your own business or managing a company’s finances. The knowledge and skills acquired here will turn into a successful and profitable activity that helps you climb the career ladder quickly.
The best professionals in the field of finance will guide you through a comprehensive journey across the world of finance — from central banks and their monetary policy to corporate financial management.
Your Choices During Studies
In this programme, you will learn to analyse, plan, forecast, and control cash flows; evaluate investment opportunities; prepare budgets and standards; and present financial-management recommendations to company management.
During your studies, you can also choose to:
study abroad for one semester or one year under the Erasmus programme;
study abroad under a bilateral exchange agreement;
complete a 3-month internship in Lithuania or abroad to gain more practical experience;
participate in international study camps.
After Completing the Business and Finance Programme
You will be able to:
identify, analyze, and solve theoretical and practical problems in the organisation and management of finance;
assess financial and economic processes within a company and identify risk factors that may affect its performance;
choose appropriate business financing models, evaluate the company’s financial situation and performance results, and determine the underlying causes;
prepare company development plans that ensure the necessary funding for achieving planned goals.
Study Subjects
“Hard” and “Soft” Programme Content
The hard-type content (hard skills and knowledge) includes modules that provide fundamental, scientifically grounded knowledge and clearly defined competencies required for creating, managing, developing, and expanding a business. These competencies are directed toward the purposeful, rational, and evidence-based application of kno wledge when solving business-related challenges. While studying this type of content, students are prepared for specific tasks and roles that demand precise knowledge and analytical thinking.
The soft-type content (soft skills and knowledge) covers interpersonal, communication, creative, and emotionally intelligent capacities. These are competencies that often do not have one correct answer and are developed through practice, reflection, and behavioural experience. While studying modules of this type, students strengthen their ability to work in a team, communicate with different stakeholders, adapt to change, resolve conflicts, and lead effectively.
Why Is Balance Important?
By combining hard and soft content into a unified study programme:
comprehensive, holistic competences are developed – students not only know what to do but also how to do it effectively with others;
graduates become more competitive in the labour market, as they can analyse data, collaborate in teams, and present ideas clearly to an audience;
students are better prepared for today’s dynamic work environment, where theoretical knowledge and human-centred skills work together – especially in leadership, consulting, or start-up contexts.
*The study subjects may be changed by the decision of the Study Programme Committee.
Business Challenges
Business Challenge: “Vaiko dėžutė – Toy Rental Subscription – a Promising but Untapped Service in Lithuania”
This challenge was part of the Entrepreneurship module (Assoc. Prof. Dr. Danguolė Oželienė, Lecturer Inga Juozapavičienė) during the Spring semester of 2024.
The company awarded the student team that proposed the best solution to the business challenge.
Admission
Admission Requirements and Selection Criteria for International Students
Matura (high school leaving) certificate;
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.
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
Admission Requirements and Selection Criteria for Lithuanian Students
Exams
Form
Coeficient
Mathematics
Examination
0.4
History or Information Technology, or Geography, or Foreign Language
Examination or annual (A-level) grade
0.2
Any subject not covered by other subjects
Examination or annual (A-level) grade
0.2
Lithuanian Language and Literature
Examination
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).
The minimum competition score for 2025 has not yet been set.
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).
The minimum competitive score has not yet been determined.
Own-funded study place for EU/EFTA countries and Ukraine*
1975 Eur
Own-funded study place for non-EU/EFTA countries*
2725 Eur
* The standard tuition fee (1588 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).
Studies at the University are completed by fulfilling all the requirements of the chosen study programme. Graduates are awarded a diploma.
If students complete the first and second cycle study programmes with excellent results, they are awarded a CUM LAUDE diploma.
Together with the diploma, a Diploma Supplement is issued, indicating the subjects studied, their scope, and evaluations. The Diploma Supplement – a document developed according to the model created by the European Commission, the Council of Europe, and UNESCO/CEPES – complements the higher education Bachelor’s or Master’s diploma for international academic and professional recognition. It describes the nature, level, content, and status of the studies completed, as well as the higher education system of the country.
The Diploma Supplement is issued in Lithuanian and English and has been provided automatically and free of charge to all graduates since 2006.
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:
+370 612 46 044
