The 1st of September celebration is not far away!
Therefore, we invite all VU Business School bachelors, masters, lecturers and community members to celebrate together.
This is a great opportunity to get to know each other, have a good time and celebrate the beginning of the upcoming academic year.
Click "Going" on our Facebook event and let's pop business ideas together!
Date and Time: 09/01/2022, 11:00-12:00
Location - VU BS lobby

New international opportunity for Vilnius University Business School students!

Double Degree in collaboration with Woosong University SolBridge International School of Business!

We're so excited to announce that students from the International Business program will have a fantastic opportunity to get a Double Degree while studying at VU Business school! Upon the end of their studies, students can receive two diplomas – Vilnius University Business School & Woosong University SolBridge International School of Business, located in South Korea.
A signed agreement between the two partners allows all students of VU Business school to study in SolBridge for their exchange semester!

double degree final Facebook Post

Dear members of VU Business School community,
It's time to celebrate the completion of Master's studies at Vilnius University Business School!
When & where?
Date: 22nd June 2022
Location: Aula Parva of Vilnius University
Time: 11 a.m.
On arrival at Universiteto st. 3, please follow the printed directions, which will lead you to Aula Parva.
*Duration of the event – 1 h 

As the end of the semester approaches, we would like to encourage #VUBS students for their active social, scientific and volunteer activities, for publicising the name of VU BS, for spreading internationalism, for entrepreneurship, creativity and innovation, and for their outstanding study and research results. We are announcing a competition for the VU BS nominal scholarship!

 scholarship Post

Students wishing to apply for the 300 EUR one-off VU VM scholarship must submit the following before 2nd of June 2022:

      1. a free-form application form ( for the scholarship;

      2. a motivation letter (up to 300 words);

      3. other documents as specified in the scholarship regulations.


If you think you meet the above criteria, we look forward to receiving Your application!


Vilnius University Business School (VU BS) consistently develops and strengthens relations with various local and international businesses and education organizations. VU BS announced exciting news – BS has become a member of the only Innovative Production Cluster in Lithuania.


The result of the cooperation between BS and other members of the cluster is the establishment of closer ties between educational institutions and manufacturing companies, and the promotion of interdisciplinary research and innovation development activities. VU Business School offers new opportunities for lifelong learning to both schoolchildren and University students, as well as to those who want to improve their knowledge, including all the representatives of the organizations involved in the Innovative Production Cluster.

"Vilnius University is successfully implementing its declared goal of strengthening mutually beneficial relations with business. In this way, it contributes to shaping the future of higher education, business, and the state's future as a whole. We can rejoice in the unique experience that the main branches of the modern economy (biotechnology, lasers, fintech) largely came from groups of scientists and effective synergy between science and business," says VU Rector Prof. Rimvydas Petrauskas.

VU Business School is active in creating relations between the academic community of VU and business organizations by developing joint (local and international) research and business projects.


"Becoming a member of the Innovative Production Cluster (the only cluster of science and business organizations in Lithuania) is a significant achievement for VU Business School, where we pay special attention to the business and science alliance," says VU BS Director Dr. Birutė Miškinienė.

Clusters, in short, are voluntary gatherings of business enterprises and (or) research institutions and other entities. Clusters work on the principle of partnership; members act together and share helpful information to increase their added value.

"New skills and employment needs, training models are the directions we are consistently pursuing in Lithuania. Therefore, we highly appreciate the involvement of Vilnius University Business School in the Innovative Production Cluster," says Gintaras Vilda, Head of the Production Innovation Valley, which coordinates the cluster.

According to G. Vilda, production has long transcended the boundaries of factories and involves network and dynamic value creation systems that can be organized in multiple ways. According to him, the integration and adaptation of different value creation systems to specific needs and framework conditions contributes to creating a sustainable and resilient European production ecosystem in a dynamically changing and uncertain world.

"We are convinced that the integration of Vilnius University Business School into the cluster will make it easier to establish and develop permanent contact with technology manufacturers and their representative offices in order to maximize the turnover of study programs, curriculum, and lecturers' knowledge directly from technology developers," confident G.Vilda. 

Clusters have better conditions for developing innovations, and they have more significant opportunities to cooperate with science and business representatives from other countries. It is also easier for Cluster members to compete in domestic and international markets. As a new member of the Innovative Production Cluster, BS will create added value and innovative decision-making processes for various cluster companies' growth of overall competitiveness with their new partners. BS will also work as a link, strengthening the cooperation of the science and business sectors. The organization will research and attract promising talents to work in Lithuania.

Many companies and organizations which promote and develop international cooperation and the development of innovative business in Lithuania have already joined the Innovative Production Cluster. Among the more well-known members of the cluster are representatives of various business and scientific organizations, such as the Lithuanian Confederation of Industrialists, Profarma, UAB Saulės Grąža, FEZ of Marijampolė, Vilnius Jerusalem Labor Market Training Center, etc.

VU BS offers undergraduate, postgraduate, and MBA programs in business, finance, marketing, management, and lifelong learning opportunities. VU BS integrates research results and innovative solutions into the entrepreneurial ecosystem, promotes the development of the family business traditions in Lithuania, and fosters knowledge sharing in EdTech Hackaton and startup acceleration programs.

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Without travel, life and work would be way less exciting, but the pandemic, which began in March 2020, has dramatically changed not only the travel industry, but also people's attitudes. Even a new term, "revenge tourism", has emerged, stemming from revenge against an unfavourable situation, with a greater than usual spontaneity in decision making.

In Vilnius University's (VU) podcast "Science without Sermons", travel expert and lecturer at VU Business School Vilija Malinauskaitė talks about how the pandemic has changed our travelling habits, about travelling opportunities offered by remote work and how the war in Ukraine will affect the tourism sector in the Baltic region.

"Revenge tourism" – a new term for travellers' behaviour

"The pandemic has changed the way we think. Whereas in the past people used to procrastinate a lot, nowadays many travellers have realised that trips can be restricted quite easily and for a long time. This is why the so-called "revenge tourism" emerges, when we no longer postpone trips to places we have always wanted to go," she says.

Explaining the concept further, V. Malinauskaitė provides examples from her personal experience.

"I have two countries that in my mind are linked to the end of the pandemic. One of them is Israel, where I used to go quite often and which suddenly closed. Subconsciously, I think that when I can go there again, the pandemic will be over," she says.

The travel expert points out that the pandemic has changed the nature of her work considerably: before the pandemic, she used to work more in the travel tourism business, but it was severely restricted. She believes that going to Israel will mean a return to the life she had before.

"The other country is the United States of America. Not because I want to go there so much, but as a matter of fact, it is a country that I associate with freedom, and suddenly I can't go there. Perhaps this "revenge tourism" has been triggered by very similar associations for many people. Going somewhere just to prove to yourself that you can do it", she reflects.

Digitalisation is also changing the travel habits

V. Malinauskaitė says that digitalisation has also changed people's travel habits.
"Tourism was the most digitalised industry before the pandemic. One thing everyone was talking about was how much we will digitalise the delivery of services. Are the service sector and digitalisation compatible at all?", she asks.

According to her, in the US there is a very clear segmentation of the luxury and standard sectors. "If we're talking about a standard service, say a simple lunch in an average restaurant in a big city, it's likely we won't even see the waiter much. We scan the barcode, read the menu, order our food on the app, leave a tip, and someone will bring us our food just walking by."

The lecturer explains that this is a standard level of service, as human labour is inevitably more expensive. A new Generation Z is entering the labour market, completely unwilling to work in the service sector, so the services to which we have been accustomed, such as porterage, and smiling staff are becoming a luxury. In many countries, she says, contact with a worker, recommendations or personal help are already considered a luxury.

"In the travel sector, we see very clearly that virtual guides and even audio guides are no substitute for human narration. We still have drivers, who in some countries also act as tour guides. Even in a hotel, we cannot digitalise everything, because we are talking about the hospitality sector here. It is unlikely that AI could show hospitality. It is, after all, an intrinsic human quality," she believes.

Travelling and remote work – how to combine?

"Social changes in society mean that more and more people will be able to work remotely," she says. One of the main requirements of the new generation for an employer, she says, is the flexibility of work.

"Working from different places, from different countries is only going to get more popular and I don't see a way to stop it. This is all the more true now that employers have stopped being afraid, because there is a clear trend: if you work, you work. And if you don't, you don't, even sitting in the office. So travel is not a factor that compromises the quality of work," she says.
Talking about how to combine work and travel, the travel expert offers several options.

"One option is to leave for a few months. There will be weekends and half-days off over the next few months, and you'll definitely have the chance to get to know the city and country you're visiting. And the work quality will remain the same. Some people travel to places they have been to before, maybe more than once. They want to enjoy the weather, good food, and maybe they want to make the most of the evenings outdoors or in nature, which is not always easy to do in Lithuania in all seasons. It is true to say that the first time we combine work and holidays, we will have to find a way that works for us, and it won't necessarily work at the first try. But with routines and priorities in place, we will soon be able to enjoy both work and life in another country," says V. Malinauskaitė.

The impact of the war in Ukraine on the travel sector

Russia's aggression against Ukraine will isolate the country not only in terms of goods and services, but also in tourism.

"I've been to Russia many times and I certainly don't want to go there anytime soon. Russia will definitely be less visited in the future. I wouldn't venture a guess about people from other countries, but I'm talking about Baltic nationals and the Polish."

V. Malinauskaitė reminds that countries with a high prevalence of terrorism, a complicated military situation and civil wars are on the list of countries not recommended for travel. However, while Lithuania and the neighbouring Baltic States are safe, their tourism sectors will also be affected by the war in Ukraine.

"The usual organised groups have suspended all trips to Lithuania, Latvia, Estonia and Poland until the summer. I suppose it is understandable, as our region is in the focus these days, but on the other hand, I would certainly like to encourage the Lithuanian government to talk more about the fact that we are safe. It looks like the military conflict will not be short-lived, but we still need to live. So I would like to see more tourists coming to our city."

However, the Business School lecturer believes that after the end of the military conflict, tourism in Ukraine will recover soon enough.

"As long as there is a war going on, it is difficult to talk about travelling, especially since it is impossible to get to the country. When the war is over, I am confident that our enthusiasm will continue. For the first time in my practice, I saw enthusiasm not only from our close region, but also from people in Western Europe and the USA. It seems to me that tourism will recover, and it will happen soon enough. Especially as the infrastructure that exists in Kyiv, at least so far, has not been destroyed. I believe that Ukraine will be one of the most popular tourist destinations in the near future, especially as it is a big and beautiful country with a rich history, spectacular nature and magnificent cities."

register now new

Are you ready to invest into your future? VU Business school Master's studies will help you to skyrocket your career & prepare you to face all the challenges in the global business sectors!

Register for the VU Business school Open Masters Days & feel like a student for a few hours, learn from the experts and make your final decisions about Master's studies!

During the lectures, you will be able to join them and see how Masters are already empowering their career in the University by adding some knowledge from the Business school experts!

*You will join real lectures with students. The Open Days lectures will take place online (MS Teams).

Link to register for the lectures: Open Days – registration form

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The recently published (2021/2022) study of international business environments in various countries of the world - GEM - data looks extremely favorable for Lithuania! Entrepreneurship indicators of the countries - participants were studied and various business development indicators were assessed according to the criteria included in the scope of many GEM surveys. Lithuania was evaluated with extremely high scores in terms of entrepreneurial environment. Data for GEM research, research of business environment in 2021/2022 in Lithuania was mainly collected and processed by representatives of two Lithuanian organizations - employees of Vilnius University (VU) and Enterprise Lithuania – those two organizations were most actively involved in the GEM Lithuania research.

GEM, also known as the Global Entrepreneurship Monitoring Study, is a non-profit academic research consortium that aims to provide freely accessible and high-quality information on the current issue of entrepreneurship worldwide to the widest possible audience. The GEM survey is also important in that participating countries must be included in the Global Entrepreneurship and Development Index (GEDI). Thanks to this index, comparisons can be made, highlighting countries weaknesses and potential areas and opportunities for improvement in the national business sector and entrepreneurship, and the results can be widely applied in shaping countries internal policies and programs.

The entrepreneurial situation in Lithuania was reviewed in great detail in the GEM survey of 2021/2022. In the study, all countries were divided into three groups in terms of GDP per capita: Group A (countries, where an average annual GDP per capita is more than USD 40,000), Group B countries, where an average annual GDP per capita is between  20,000 and 40,000 USD) and Group C (countries, where GDP per capita is less than 20 000 USD). According to this grouping, Lithuania was included in group B and was classified as a middle-income country. The GEM study focused on the study participants in each group. Lithuania, as a representative of Group B, is significantly ahead of the other 18 Group B countries in terms of most of the various entrepreneurship indicators. Lithuania ranks 1st among Group B countries in terms of the totality of evaluations of various entrepreneurship indicators, Lithuania leads in many areas related to entrepreneurship as the absolute leader of Group B countries: Lithuania leads the way in transfer and application of research and development (collected 5.8 out of 10 points) in entrepreneurship education at schools (4.7 out of 10 points), commercial and professional infrastructure (6.8 / 10 points), ease of entry for new businesses (in terms of potential difficulties and regulations) (6.5 / 10 points), social and cultural norms (6.2 / 10 points) and in many other areas. Lithuania gained recognition and was highly praised in various other areas of GEM research: experts firmly agreed that the measures taken by some governments in crisis situations and a quick, appropriate response helped to prevent new business downturns: the best results in this area were recorded in Saudi Arabia (Group A) and Lithuania (Group B).

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            Global Entrepreneurship Monitor 2021/2022 Global Report

Entrepreneurial conditions in Lithuania were also assessed favorably: in terms of as many as 12 different criteria of entrepreneurship, Lithuania was assessed as a sufficiently competent state paying sufficient (more than average) attention to entrepreneurship and its development. In the international index of entrepreneurship context compiled during the GEM research, Lithuania, as a country, is included in the TOP 5 list together with such countries as the UAE (United Arab Emirates), the Netherlands, Finland and Saudi Arabia. It is worth mentioning that Lithuania is the only country from Group B of the GEM survey (all others are listed in A category ), which is included in the TOP 5 list of leaders of the Entrepreneurship Context Index. According to GEM research, Lithuania pays special attention to and strongly supports women starting businesses (Lithuania, the UAE and India are leaders in this field). According to the collected data, Lithuania also differs significantly from other countries in its business environment culture: nature, environment and environmental protection in this country are considered a higher priority than the profitability of businesses and the growth rate of the business sector.

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 Analyzing the results of the GEM international survey, it becomes clear that Lithuania is one of the world leaders in the field of entrepreneurship among the countries where the population receives a medium-sized income. According to the GEM survey, Lithuania is a country that pays a lot of attention to the entrepreneurial environment and its development. It is a modern stat,  that continues to develop, invests both in the development and promotion of financial literacy and entrepreneurship of the population, and in new technologies that help the country's businesses remain competitive and grow and strengthen their position in the global, rapidly changing market. You can read more data and reports of the international GEM survey in 2021/2022 here!

VU UAExpressing support for the state and people of Ukraine and responding to recent events, Vilnius University (VU) offers free education and financial assistance to Ukrainian students if their higher education aspirations are disrupted. Support action for the Ukrainian academic community has also begun; everyone can participate.

"The news of the night is the fulfillment of the worst-case scenario. Therefore, mutual unity and support are now paramount. Therefore, Vilnius University is in solidarity with the people of Ukraine experiencing Russian aggression and, expressing support, is determined to prevent possible restrictions on academic freedom and higher education," says VU Rector Prof. Rimvydas Petrauskas.

Vilnius University invites all members of the VU community, citizens, and business representatives to contribute to the support of the Ukrainian academic community. Donations are available on the VU Foundation website. The donated money will reach those members of the academic community in Ukraine who need it the most.

VU has already approached its partners – Ukrainian universities – and expressed its support and determination to help them and share knowledge and resources.

Scholarship applicants can apply now. Vilnius University is also prepared to look for various ways to support partner universities' communities and help in case of need for asylum or support.

In 2020 The Grand Duchy of Lithuania Scholarship was set up for Belarusian students expelled from universities because of persecution for civil and political reasons. The VU is determined to provide an opportunity for Ukrainian students to continue their studies in Lithuania and apply for the Grand Duchy of Lithuania Scholarship to ensure the continuity of academic life if needed.

On February 22, VU expressed support for Ukraine by lighting up its building in Ukrainian flag colors. Likewise, the VU will continue to support the initiatives of social and business partners by seeking to support democratic ideas mobilizing support for the Ukrainian state and its people. Furthermore, the University supports and unites the historically close peoples of Ukraine, Belarus, Poland, and Lithuania and undertakes to spread the word and openly condemn academic and other violations of freedoms.

Global Entrepreneurship Monitor (GEM) returns to Lithuania: Moody’s is providing €60,000 in support to help analyze, assess, and address the challenges facing the business sector that are destabilizing the promotion and regulation of entrepreneurship and the development of business start-ups in our country.

“This support is important not only in the context of Lithuania’s participation in research and its results, it is a pillar and a strong foundation for the growth of science, studies, and business. The community of Vilnius University (VU) notes the commendable increase in business confidence in the social sciences, considering that the benefits of research to the business sector are of great importance and gravity to their achievements,” says VU Rector Prof. Rimvydas Petrauskas.

On 9 June 2020, the Ministry of Economics and Innovation and Vilnius University signed a cooperation agreement on the development and dissemination of science-based international entrepreneurship research in Lithuania. The GEM study is the world’s largest study of entrepreneurship dynamics, its results are important for Lithuania and relate to the development of an evidence-based business sector.

“Moody’s is proud to support the Global Entrepreneurship Monitor, a study conducted in close collaboration with Vilnius University. This project will provide invaluable insights into entrepreneurial trends at the state level and help business leaders make better decisions. We look forward to revealing what the results of the study will bring and what they will mean for Lithuania,” said Mariano Andrade Gonzalez, Head of Moody’s Lithuania.

Lithuania has already participated in this study in 2011–2014, and now the €60 thousand grant donated by sponsors at Moody’s will help the VU Business School research group, in cooperation with the Entrepreneurship and Export Development Agency Versli Lietuva established by the Ministry of Economy and Innovation, to carry out consistent entrepreneurship monitoring study in the country. The first results of the research will be presented in 2022, while fully detailed results not only for Lithuania but also for the world will be released at the beginning of 2023.

“Entrepreneurship is a key factor in public health and well-being, and a major driver of economic growth. Lithuania’s participation in the GEM study is important in that we can self-assess how we look in the global context. The development of entrepreneurship and its ecosystem is one of the main missions of the VU Business School, so we are happy to contribute to it at the national level. Our team of researchers is ready to look for new opportunities and solutions,” said Director of the Business School Dr. Birutė Miškinienė.

The GEM network conducts entrepreneurship and market research around the world. This research enables academics to apply a unique methodology to research and access data from more than a hundred countries around the world to research entrepreneurship, and strengthens the development of evidence-based policies, while the assessment of business resources and investment opportunities contributes to the business ecosystem.

china track

Would you like to know more about Chinese culture and language?China Track will help you to get acquainted with cultural peculiarities of China, learn Chinese and will lay the foundations for successful business development in Chinese markets.


Why should you choose China Track

  • free Chinese language and culture courses in the II-V semesters; 
  • upon successful completion of the course, a certificate confirming this is issued; 
  • semester at a Chinese university and / or summer camp. 



The competition is open to 1st year students. The students should submit a free-form application and a motivation letter to the Study Service in the Study Information System of Vilnius University (VUSIS) by 20th December.

The selection commission will organize motivational interviews after 20th of December.

The module is organized when the group consists of at least 10-12 students and no more than 20 students.   

After the end of the competition, by 22th December students are informed about the formed / non-formed Module group. 

Chinese is taught in English and Chinese languages.

For more information please contact International exchange coordinator Danutė Butkienė:

The IPMA REG program is a registration platform for training and education courses/programs administered by the International Project Management Association IPMA, which aims to provide knowledge, recognition, and evaluation for quality project management education programs and training courses. More on the program: REG Home - IPMA


Lithuanian Project Management Association (LPMA) is a professional association uniting both the country's project management professionals and potential talents. Their mission – to develop project management competencies on a personal and organizational level. The network includes project managers, professionals and experts of other area, consultants, and academic community.


LPMA is a partner of the IPMA REG platform and organizer of evaluation in Lithuania since 2021.

We are happy to announce, that VU Business school International Project Management Master's Degree Program has been recognised by the World's leading project management association IPMA!


It is stated, that our study program includes an extensive list of competencies defined in the International Competence Baseline published by IPMA. International Project Management master‘s program of Vilnius University Business School is the first recipient of IPMA REG registration in Lithuania and Baltic States!


IPMA reg

VUBS scholarship

In order to encourage You - VU Business School students, for your social, scientific and voluntary activities and promotion of VU BS name, entrepreneurship, creativity, innovation, exceptional study and research results, we are inviting You to apply for the VU BS scholarship!


For #VUBS scholarship (300 euros/one-time), you should deliver needed documents until the 22nd of November 2021:


1. E-application form (Request) in your personal E-student account;

2. Motivational letter (up to 300 words);

3. Other documents specified in the scholarship regulations.

October 4-8th #VUBS students participated in the first Erasmus BIP – Blended Intensive Programme, where they spent a week in Rotterdam! #VUBS Team consisted of 7 members who come from Lithuania, Australia, India and Belarus!

One of the participants Iryna Pranovich shares her experience with us:


"Have you ever considered switching to plant-based meat or simply being a flexitarian?

Reduction of consumption of animal-based meat is good for sustainability, animals, and even your health, but what does stop you from it?

Availability? Price? Your meat-eating friends?


Students of 29 nationalities from 3 Universities, including representatives of Vilnius university Business School, spent 5 days in Rotterdam, taking part in lectures and workshops, practicing design thinking and formulating Jobs To Be Done, to help Unilever team and their The Vegetarian Butcher product to gain more attention and trust.

During the first days, students got familiar with the brand and their business problem via meetings with team members of Unilever, gained background about the food industry, and got ready to propose a solution to discovered problems. In the middle of the week, the whole activity moved to Rotterdam city, where participants ran rounds of human research interviews to uncover pain and gains of current or prospective customers, using knowledge gained during corresponding workshops.

10 teams were brainstorming ideas and preparing media materials for the final day of the programme. Each team had a business coach, who helped to take a step from idea to the solution. The goal was to develop and justify a solution together with a poster and video presentation to be ready to present and pitch it to members of Unilever team on Friday. During final day of the programme teams presented posters and pitch it to jury members form Unilever & The Vegetarian Butcher. Only 4 out of 10 teams made it to the finals, where video presentations and another round of pitches and Q&A took place.

Overall it was valuable experience in terms of practical knowledge in multunational environment, building international connections, woking under real-life problem within very short time. Hopefully these solutions will help to bring more and more people into more sustainable way of living, including their food preferences, care more about animals and health."


Thanks to Iryna for sharing!
The second part of the project will be held in the near future.

Dear members of #VUBS community,

Due to the rapidly deteriorating epidemiological situation and the growing number of diseases in the country, infections in the close environment and in order to ensure the safety of students, teachers and administrative staff. There was made a decision to organize studies remotely from the 11th of October.

After active consultations with the VU BS community, the decision on the further study organization model at VU BS will be prepared by October 25th.

If you do not have suitable conditions for learning at home or in the dormitory, please inform us - we will create conditions for studying in the auditoriums of the Business School. For this, please fill out the registration form:

More information about distance learning, necessary tools and other relevant information can be found here:


stay safe

MicrosoftTeams image 1 642x410Since the European Commission aims to strengthen research and education institutions' innovation and entrepreneurship potential over the next few years, 23 consortia from 32 countries were selected through a call for proposals launched by The European Institute of Innovation and Technology (EIT). One of the chosen institutions - Vilnius University (VU), will implement the UNIcorn project in cooperation with a consortium of international partners, which aims to develop technology transfer processes in science and study institutions and strengthen entrepreneurship education.

A broader goal of this project is to strengthen the capacity of research and study institutions operating in the Baltic region to commercialize research and innovation-based solutions and to develop entrepreneurship and partnerships with business enterprises. Kristina Babelytė-Labanauskė, head of VU Innovation Office and UNIcorn project leader believes that involvement of VU in the activities of the EIT opens up new opportunities for more effective integration into the knowledge and innovation communities and strengthens research-business partnerships.

“UNIcorn project, which involves ecosystems and various partners of the project participants, will contribute to strengthening the so-called "third mission" of universities. Therefore, alongside traditional university objectives - studies and research – the university’s social and economic role in addressing societal challenges will be strengthened when collaborating with local or regional university ecosystem partners. This presumably will contribute to the development of high value-added state or region’s economy in the Baltic states”, K. Babelytė-Labanauskė highlights.

Prof. Dr Saulė Mačiukaitė-Žvinienė, head of Entrepreneurship and innovation development at VU Business School, believes that this initiative of the European Commission will lay a solid foundation for the development of such culture not only in VU, but also throughout the country.

“The main goal of VU Business School is to increase the competencies required for the development of entrepreneurship and innovations, therefore we are happy to contribute to this project. Ensuring sustainable ecosystem between research and business, integration of global science commercialization practices into the university, research-based strategic decisions facilitating Lithuania's economic competitiveness must be natural goal with wide range of activities for university. I believe that,” Prof. Dr. S. Mačiukaitė-Žvinienė says.

VU implements UNIcorn project together with Tallinn University of Technology, Tallinn University, University of Tartu, Stockholm School of Economics in Riga and TECNALIA Research & Innovation. A total of 135 higher education institutions will participate in this European Commission initiative, with a budget of almost € 28 million for strengthening the innovation capacity of higher education across Europe.

The EIT’s HEI Initiative is a key objective for the EIT as part of its new strategy, the EIT Strategic Innovation Agenda 2021−2027. The initiative aims to support higher education institutions with expertise and coaching, access to the EIT innovation ecosystem, and funding, enabling them to develop innovation action plans complementing the needs of individual higher education institutions. As part of its Pilot Phase, the initiative has provided funding to 23 projects, with the next call for proposals expected towards the end of 2021.

The European Institute of Innovation and Technology (EIT) strengthens Europe’s ability to innovate by powering solutions to pressing global challenges and by nurturing entrepreneurial talent to create sustainable growth and skilled jobs in Europe. The EIT is an EU body and an integral part of Horizon Europe, the EU Framework Programme for Research and Innovation. The Institute supports dynamic pan-European partnerships, EIT Knowledge and Innovation Communities, among leading companies, research labs and universities.

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Dear all,rudens semestras
Congratulations once again to all freshmen who will join the community of #VUBS students this academic year! We are looking forward to the fall semester and want to see everyone in person.
Safetty of our entire academic community (students, lecturers, administrative staff) and ensuring high quality of studies remain main priorities of VU BS. Taking into account new resolutions of the Government of the Republic of Lithuania, we give priority to contact studies.
To ensure safety, those involved in contact activities will need to have EU digital COVID certificate with them. We will also organize part of the modules in the autumn semester in a remote, mixed or hybrid way. Students can already check the format of the lectures in the placed schedules:
Persons who do not have EU digital COVID certificate will be required to have a negative PCR test with them within 48 hours until the start of the contact session. As the COVID-19 disease situation changes, the decision to conduct studies may be reviewed. If you have any questions, please contact us:
Let’s take care of our own and each other's safety together!
Let’s be responsible and healthy. See you soon.
Dr. Birutė Miškinienė, Head of VU Business School


At the end of spring semester we would like to celebrate your achievements by encouraging you to take part in a competition for #VUBS nominal scholarship! Scholarships will be dedicated to students who were active in social, scientific, international and volunteering activities, taking part in VU BS image and name management, usage of entrepreneurship, creativity and innovation skills and exceptional study and research results!


To participate in this competition for one-time scholarship of 300 euros, you should prepare all these documents by the 20th of June 2021:

  1. E-application form;
  2. Motivation letter (up to 300 words);
  3. Other documents specified in the scholarship regulations.


If you meet listed criteria, we look forward to your request! :)

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Naujienos virselis

Some of the most important things that VU Library aims to provide are services that meet the needs of all its users, comfortable and user-friendly environment and qualified informational support. In striving to get to know its users better and satisfy their expectations as well as ensure library services of even higher quality, the opinion on the quality and the variety of the provided services is of the utmost importance.

Therefore, we kindly ask all users of the library to fill in a LibQUAL questionnaire and share their opinions on what improvements are necessary for VU Library and their view on provided services – starting from the scope of resources, quality of the service and ending with offered study spaces and atmosphere. By sharing your views, you will help the library to improve and create the space where every member of our community would feel comfortable.

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Artificial intelligence, genetic engineering, electromobiles or quantum computers are the next generation technology innovations the world is focusing on today. They change not only industry, but also the lives of each of us and future generations. The need for specialists able to operate in the dynamic business environment and implement research-based innovations is growing. To this end Vilnius University (VU) Business School in conjunction with the European Nuclear Research Organization (CERN), one of the world’s largest scientific research organizations, will offer Deeptech Entrepreneurship, a unique Master’s Degree programme in the Baltic countries, in the next academic year.

“VU Business School, together with CERN, scientists in the field of physics, mathematics and computer science, and business professionals, open up new perspectives. Our aim is to transform the traditional mindset and build an innovative culture that combines business, technology and leadership. VU is just the place where a culture of innovation based on values marries entrepreneurship and leading technological solutions. I believe that it is in this programme that the future business unicorns will start their rich and exciting journey,” Programme Manager Prof. Saulė Mačiukaitė-Žvinienė, said.

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