Latest news

Dear MBA students, alumni, lecturers,

We would like to invite you to MBA Entrepreneurship online Networking Event on February 26^th (by invitation only).

We are very happy to have as a guest speaker Milda Mitkutė – Co-founder of Vinted – Lithuania’s first unicorn!

Let’s build MBA community all together!

Dear Graduates,

Today I am very proud to say to you, with the VU Business School’s entire community, welcome to our graduates’ community! It is indeed a solemn and joyful moment — for your family, friends, you and also our community, because you are the ones that faced many challenges caused by the pandemic with remote learning, social distance and online defense of your thesis.

We would love to hug you and shake your hand in a live graduation ceremony, alas for a while it’s impossible to do, but we really hope to see you in the summer at VU Business School 5^th anniversary party, if we will be allowed to celebrate all together.

We would like to invite you to contribute to the development and enhancement of our Business School community by sharing your experience and telling your success stories to our students and participants of the Entrepreneurship Academy. Or maybe you would consider an opportunity to offer your own topic or business case for the final thesis or project? Join VU Business School alumni community and become a real ambassador of Business School!  

Congratulations on the well-deserved success! We wish you much inspiration, creativity and keep the desire to learn!

Kindest regards,

Dr. Birutė Miškinienė

Director of VU Business School

Vilnius University Business School has successfully completed its participation in the project The Baltic Sea Underground Innovation Network (BSUIN). During the project, an association uniting European underground laboratories was established, a network of underground mines and laboratories in the Baltic Sea region was developed, and their opportunities for business and innovation were analyzed. Various researches and analyzes of the business environment and development opportunities have been carried out in these underground mines. The project was judged to be extremely successful, so its extension was approved with even more ambitious goals.

"This project has been going on for more than two years and has brought really great results, we believe that the work done together will contribute to greater business and scientific cooperation, new opportunities for innovation and development of the Baltic region. The project is also unique because while participating in it the Business School has expanded its network of international partners and established extremely strong and reliable relationships. We can already be happy with the new cooperation ideas and projects that we are starting to implement. We believe that this will bring a lot of benefits to the community of the Business School and the entire University, ”says VU Business School Director Dr. Birutė Miškinienė.

VU Business School is currently looking for:

- Professor (Innovation Management)
- Associate professor (Business Finance)
- Assistant Professor (Business, Entrepreneurship)
- Assistant Professor (Human Resources Management)
- Lecturer (Intercultural Communication)

Deadline for document submission: 8 March 2021.

For further inquiries, please contact our Academic staff coordinator Danutė Rasimavičienė ()

University internships are an inseparable part of the study process, allowing students to acquire practical skills in a real professional environment. The main focus for VU Business school regarding this process has always been quality: "In order to recruit students into high quality internship sites, we negotiate with representatives of various companies. Therefore, we recruit our responsible, creative, and entrepreneurial students, seeking to gain experience and develop new competencies, with reliable partners only," says S. Vileito, the VU Business school representative. This year, students of the International Business program have completed an obligatory internship in the following areas:

• Sales
• Human Resources
• Accounting
• Business Development
• Logistics Administration
• Marketing
• Project Management
• Product Development
• Individual business/family business

Areas chosen by Business Finance program students for obligatory internship:

• Audit of financial projects
• Accounting
• Data analytics
• Financial business consulting
• Business loans
• Audit

Representatives of companies also shared their experience about VU Business school interns:

“Representative of VU Business school for the internship process carefully selects internship sites for students and successfully manages the internship process by constantly maintaining communication between the two parties. I am delighted by such a responsible attitude of the faculty towards both the company and the trainee. I would like to express my joy since the faculty recommended our agency such an excellent intern who now sucessfully joined our team for further partnership. Thank you VU Business School for collaboration! “- R. Čekaitė, Head of “ADFACE” agency.

“We are happy for having the opportunity to provide the necessary space for VU Business school students to put University knowledge into practice. When inviting students to do internship in our company, we emphasize the freedom of initiative,  leadership, decision making and taking the responsibility for the final result. We are now convinced that VU Business School students, applying for the internship in our company, become our partners, whom we not only educate, but also learn from”, - D. Bražinskas, Head of ,,GSP Supply“

This years’ internship defenses as a whole study process has been held online, but that did not prevent students from presenting their experiences and reports successfully. Students’ professional development has been evaluated by the jury remotely as well.

Online applications for 2021/22 admission are open from 1 January 2021.

The deadlines for applications are:

1 June for applicants from non-EU/EEA countries and all applicants to Medicine and/or Dentistry study programmes.

15 July for applicants that are not required to obtain a national visa for arrival to Lithuania, as well as for non-EU/EEA applicants with Lithuanian Embassies in their home countries.

VU Business School offers these study programmes in English:

Undergraduate

Postgraduate

MBA Entrepreneurship

Dear #VUBS community members,

This year has helped us appreciate what we may have never noticed through the constant rush, the daily worries, and the work surrounding us. The 2020s seem to have forced us to stop, breathe, look around, and focus on common goals. Let the goals you achieved motivate you to reach new heights in 2021, and the inner pause and peace may never leave your home!

This year's holidays will be slightly different from usual, but we wish coziness and warmth!

Take care of ourselves and our beloved ones, stay healthy!

Special greetings for you from a real Santa Claus from Lapland, may all your wishes come true!

Click here: https://bit.ly/34El5Ir

Cooperation between VU Business School and VU Confucius Institute opens up new opportunities for business study students – the new China Track study module proposed by two institutions will allow the development of new competencies, acquisition of intercultural knowledge, which are essential for the development of business in the Chinese market.

Students' interest in this module has proven that China Track is a particularly attractive field of study – 28 motivated first-year students of the International Business program participated in the selection process.

Member of the commission, students’ representative Augustė Bagdonavičiūtė after the selection process commented: “Although I didn't have this opportunity myself, being a first-year student, it was very exciting and interesting to listen to every applicant. I was pleasantly surprised by the fact that we have so many enthusiastic, creative, and motivated students in Business School who already have their own business ideas or even already have started working on them. I really believe that China Track project will help them to become better entrepreneurs!"

The students who participated in the selection have chosen the China Track module for various reasons – some of them planned to link their business to the Chinese market, others were already cooperating with partners from China, there were also those whose family roots were in this country, so the desire to learn the language of ancestors was highly expressed.

The 18 selected participants of the China Track module will start studying the Chinese language and culture from the Spring semester. After completing the two-year course, the students will have the opportunity to choose an exchange semester at a Chinese university or a summer camp.

Vilnius University Business School pays special attention to improving the quality of studies. This issue became even more pressing during the pandemic, when studies moved to a remote space and maintaining the quality of studies, ensuring smooth communication between faculty, students, administration, and other interested members of our community became an even greater challenge. The objective indicators show that the community of Business School is coping well - fewer and fewer students decide to terminate their study contracts.

 “We can really be happy with the indicators of student satisfaction, progress and dropout numbers. Student dropout in the 2019-2020 academic year decreased by more than 60 percent, compared to 2018-2019. Student satisfaction with studies remains high, with 83% of students recommending their study program to others. We believe that this is greatly influenced by the quality of our proactive academic counseling, the focus on student feedback, and sometimes just plain human conversation.

 This year has been a big challenge for all of us, we had to adapt and deal with a wave of various, often unpleasant, emotions. We believe that together, by talking in our academic community and looking for solutions, we can solve all the problems that have arisen and together we can rejoice in our achievements“ – says doc. dr. Jurgita Vizgirdaitė, deputy director of VU Business School.

Academic counselors are in constant contact with students, seeking to proactively address issues, being a link between faculty and students. The aim is also to provide lecturers with all possible support for high-quality and smooth distance learning.

If you have any observations, suggestions or just want to talk, we strongly encourage you to contact academic advisors or write an e-mail by mail

This November Vilnius University (VU) Business School has participated in the first online edition of the De Vinci Study Abroad Fair, organized by partners Pôle Universitaire Léonard de Vinci in Paris, France. The Fair, which focuses on student mobility and studies abroad, is popular worldwide and this year attracted 57 partner universities from United States, Korea, Malaysia, India, Taiwan, Viet Nam, China, Australia, almost all European countries.

“The first experience of the study fair online was more than positive and especially nowadays, facing challenges of COVID 19 situation in the world, online study fairs might become a quite normal part of universities’ life. However, we really hope to have a possibility next year to participate in a regular study fair, if not – this online experience has shown that we are well prepared for virtual presentations as well,” Danutė Butkienė, International exchange coordinator said.

During the De Vinci Study Abroad Fair the students were able to discuss live with the actors of student mobility who were answering their questions about partner institutions around the world, Erasmus+ grants and all the details of staying in the partner institution – admission requirements, professors, lectures, dormitories, life cost in the country and many other questions.

VU Business School had a possibility to present itself in a live conference for the students that were interested to find out more about Business school and the programs. It seemed that one hour was not enough - it flew by quickly presenting and answering a number of students’ questions.

Are you thinking about business in China? 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-IV semesters; 
• upon successful completion of the course, a certificate confirming this is issued; 
• semester at a Chinese university and / or summer camp. 

Conditions: 

The competition is open to 1st year students of International Business program. 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 1st December.

The selection commission will organize motivational interviews after 1st 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 15th December students are informed about the formed / non-formed Module group. 

Chinese is taught in English and Chinese languages.

Today, on November 12, a memorandum on the establishment of a research and innovation centre at the Vilnius University (VU) Business School was signed between VU and the University of Lancaster at the Embassy of the United Kingdom. One of the main goals of the new R-E-D (Research, Engagement and Delivery research) centre is to strengthen the research potential in Lithuania and the entire Central European region by developing and expanding the entrepreneurship and innovation ecosystem, strengthening high-quality research and business partnerships and at the same time business studies.

“This is a historic event both for Vilnius University and the whole higher education sector in Lithuania. After long negotiations, two universities will unite their efforts in developing entrepreneurship and innovation activities. This step will strengthen the development of science-based knowledge, set an exceptional example for international cooperation, and help increase the partnership between science and business. We are proud of the leadership of Vilnius University Business School in this field,” VU Rector Prof Rimvydas Petrauskas says.

This agreement is a new quality direction in Lithuanian higher education. Unlike the traditional cooperation in promoting international mobility, initiating joint research projects and creating joint networks, with this partnership a world-renowned university comes to Lithuania, which will strengthen Lithuanian research potential, will develop high-level business research in the field of business together with VU Business School, will strengthen the ecosystem of Lithuanian start-ups and encourage the development of innovation. The agreement between VU and Lancaster also includes cooperation in the field of studies in order to strengthen business studies and develop lifelong learning in the field of entrepreneurship.

British Ambassador to Lithuania Brian Olley says: “I warmly congratulate Vilnius and Lancaster Universities on building this significant strategic partnership, which will strengthen higher business education and will boost bilateral and international research collaboration between UK and Lithuania, crucial to transforming economies and lives.”

Over the next two years, VU Business School and Lancaster University School of Management will also have to develop an action programme to make VU Business School the leader in Central Europe.

“We are delighted to announce a new partnership with Vilnius University Business School and very much look forward to the exciting opportunities that lie ahead for collaborative research and engagement. Vilnius University has a rich and established history and will be a valuable extension of LUMS’ international community. We are proud to attract students from all over the globe and have international partnerships that help ensure our world-leading research remains at the cutting-edge, not only to shape our teaching, but to transform organisations and communities.

There are lots of synergies between LUMS and Vilnius, and over the next two years we will establish how we can work together to develop and share best practice in areas such as family business, entrepreneurship, small and medium sized business support and regional development, to sharpen teaching and bring about positive change in the UK and Lithuania”, Professor Angus Laing, Dean of Lancaster University Management School, says.

“Many positive changes have taken place in the Lithuanian higher education system by improving the quality of studies, the competitiveness of science and innovations, and by strengthening the country’s research potential. Along with these changes, the country’s universities have become global market players. The main direction of the future of Lithuanian higher education is internationality and interdisciplinary, In this way, Lithuanian higher education institutions will continue to strengthen our country's education system. Today, business schools are a catalyst for innovation development skills in the strongest countries in the world. With the arrival of a world-class university in Lithuania, VU opens up new opportunities to become an entrepreneurial leader in Europe,” says the Chairwoman of the Lithuanian Educational Council Prof Dr Saulė Mačiukaitė-Žvinienė.

The agreement was signed by VU Rector Prof Dr R. Petrauskas and Pro Vice-Chancellor of the University of Lancaster Prof Simon Guy. Due to the pandemic situation in the world, the agreement was signed in a virtual ceremony and broadcast live from the Embassy of the United Kingdom in Vilnius and the University of Lancaster.

Dear freshmen of undergraduate studies,

These days we live in a world full of challenges and volatility. Even though we made every effort to ensure that you have the opportunity to study and meet each other in person, the pandemic situation in Lithuania is deteriorating rapidly.

Having assessed all the current risks associated with the spread of COVID-19, in order to protect students, faculty, and their loved ones, we decided to take all precautionary measures and from the following week, October 26, temporarily carry out your studies remotely.

Depending on the circumstances, this decision will be reviewed in four weeks' time.

Our biggest priority is the safety of our community members, therefore we do everything we can to ensure that.

Let's be healthy and protect each other!

For Bachelor students

For Master students