DeepTech Entrepreneurship - VU Verslo mokykla

Svetainei

Study Programme for Those Who Aim to Become the Next-generation of Tech Entrepreneurs and Bridge the Worlds of Technology and Business.

Why should you choose DeepTech Entrepreneurship?

DeepTech Entrepreneurship programme is a unique MSc programme that blends academic knowledge, start-up accelerator and real experience to prepare students to become the next-generation of successful technology entrepreneurs.

Future oriented organizations are looking for employees with entrepreneurial mindsets. This programme aims to educate LEADERS at the intersection of science and business, with a deep understanding of technology, data science, innovation management, and entrepreneurship.

VU Business School seeks not only to give students the skills and knowledge necessary to succeed but also to EMPOWER the future professionals to integrate them into the start-ups ecosystem in order to grow transformative organizations that will advance to bridge THE WORLDS of technology and management.

The programme is developed in three major areas:

technologies
entrepreneurship
strategic leadership

This programme is designed and implemented together with:

Skills you will get

entrepreneurship and its application;
innovation and the issues related to developing them in business;
how to design strategies for new opportunities;
how to develop innovation-driven company

By the end of the programme you will be able to:

integrate knowledge from different fields into action;
solve complex problems in undefined situations;
integrate the deeptech opportunities;
forecast and initiate change;
develop innovative products;
communicate effectively;
engage with a wide range of stakeholders;
work effectively in diverse environments.

Career paths

FOUNDER	INNOVATION MANAGER	BUSINESS DEVELOPER	MARKETING PROFESSIONAL	TECHNOLOGY ENTREPRENEUR
Founders of start-ups and spin-offs are entrepreneurship and innovation. They inspire their team, make the core decisions, are the main public representative.	The supreme visioner leading the company into strategic future business opportunities. They shape the culture and processes for innovation to succeed in an organization, train others to become better.	The networker who makes essential connections. It is a strategic role that demands creativity, excellent business foresight, top negotiation skills, intuition in innovations.	The marketing lead in a company is a growth-hacker. Marketing professional is capable to implement long-vision marketing strategies, adapt to business needs to change, and is responsible for corporate marketing and product management.	Tech Entrepreneur sees the future of “blue” ideas using technology to launch start-ups, create jobs, develop innovations. Remember these names: Bill Gates, Steve Jobs, Mark Zuckerberg.

STUDY COURSES

I SEMESTER
Compulsory Courses	Lecturers
Leadership and Strategic Management (5 ECTS) Students will be able to identify and measure DeepTech entrepreneurship conditions, relying on global, international, the EU’s, national, industry and micro level. They will understand various schools of thought regarding strategy formation and leadership and will be able to apply them; will be able to assess the suitability, feasibility, and acceptability of strategies in technology and innovation development contexts and be able to apply the information management and business intelligence techniques. Students will be capable to implement socially responsible, ethical/ moral, and sustainable DeepTech Strategy while assuring the quality and effectiveness.	Lect. Jurgita Petrauskienė		Prof. Mindaugas Laužikas, PhD

Design and Implementation of Engineering Products Development (10 ECTS) The purpose of this course is to introduce students to product development cycle: from ideation stage to product development design and its execution via new product development project, finally ending with business development leading to first sales with special emphasis on Lean-Start up process. Students will have to put knowledge gained in lectures straight away into practice by preparing a deep-tech product development proposal on a freely chosen topic. This proposal later may serve as a basis for a creation of a start-up, namely as an input for a business plan preparation, or for an implementation of a deep-tech product development project in already existing company. Thus, students shall be encouraged to choose a deep-tech product that is related to their career plans.	Assoc. Prof. Pranciškus Vitta, PhD	Lect. Vygintas Jankus, PhD	Prof. Christoph Schäfer, PhD

HighTech Marketing and Business Models (10 ECTS) This course is aimed at revealing the peculiarities of the development of High-Tech products and the specific features of companies and marketing strategies in the realm of High-Tech. It provides an in-depth overview of the main approaches to High-Tech in business. An inclusive involvement of students is an important feature of the course, whereas the teaching will be based on real examples ranging from early-stage spin-off and startup companies to large-scale international frontier facilities with a special focus on CERN.
	Lect. Ignas Zimaitis	Prof. Gintautas Tamulaitis, PhD	Danguolė Oželienė, PhD	Ash Ravikumar
Elective Courses
Practical statistics in R for Business Analytics (5 ECTS) Students will be able to apply knowledge in practice, think, analyse and systematize information in an abstract way. They will be able to select and adapt descriptive statistical methods to address the challenges arising from practical activities, to carry out studies, to critically assess the results and reliability of studies.	Assoc. prof. Rimantas Eidukevičius, PhD

Laser Technology (5 ECTS) During this course students will get acquintance with laser systems for materials processing, medicine, diagnostics and other application areas, their operating principles and design features. They will understand the capabilities of such systems. Main subjects of the course are development and tendencies of laser technology applications; laser material processing; photolithography and applications; optical information storage; optical communications systems; applications of lasers in metrology and monitoring; applications of lasers in building, geodesy and agriculture; basics of laser medicine; basics of laser diagnostics; basics of laser spectroscopy. The understanding of the operation basics of the laser systems used in material processing, medicine, spectroscopy and etc. is developed. During the laboratory work the skills at the practical use of some laser systems will be developed.	Assoc. prof. Ona Balachninaitė

Project Management (5 ECTS) With this course, students will gain the knowledge needed to successfully plan, implement and manage projects. Students will familiarize with the key concepts of project planning and management; will be able to identify and analyse the factors that lead to project success; and will learn how to plan, document and manage projects; and to become a better project manager. In this intensive and hands-on course, students will practice strategic communication, problem-solving, leadership, teamwork and stakeholder management skills that contribute to the successful implementation of the project.	Lect. Rasa Žakevičiūtė

II SEMESTER
Compulsory Courses
Innovation Management and Technology Transfer (10 ECTS) Innovation Management and Technology Transfer discipline aims to develop skills and deepen understanding of students how innovation and technology, including knowledge, can help to develop a disruptive vision for businesses. The main objective is to train students from a practical perspective, providing them with an experience in the culture and expertise of different innovation-oriented sectors in Lithuania and beyond. The discipline also focuses on inspiring and connecting the students with the network and opportunities offered by CERN and different business incubators, including frontier research. Through this program, the student immerses in the culture, the leadership style, the approach to innovation, the technological disruption, and other approaches and practical solutions that enhance business to be leading in innovation and entrepreneurship. The student may choose to specialize in the sector related to the start-up concept.	Prof. S. Mačiukaitė – Žvinienė, PhD

Artificial Intelligence and Data Analytics (10 ECTS) Students will be able to applicate and integrate knowledge in practice and address the challenges of modelling requiring statistical skills. They will be able to select and adapt time series, linear models and methods of artificial intelligence to address challenges arising from practical activities, conduct studies, critically assess the results and reliability of studies.	Assoc. prof. Jurgita Markevičiūtė, PhD		Assoc. prof. Rimantas Eidukevičius, PhD

Structuring Investments and Partnerships (5 ECTS) This module is designed for students who plan to be involved with a start-up company or other type of business enterprise at some point in their career as a Founder, Leader, Manager, Investor, Board Member, or Advisor. The course covers the entire lifecycle of a start-up company, role of academic, corporate, and other types of partners in company development, investments strategies and negotiations. The course also provides the students a broader view of the financing landscape and deal structures for start-up companies, going far beyond the basics of entrepreneurial strategies and venture capital and angel financing approaches, while covering stages from company launch to IPO / M&A, and delves into a wide variety of financing alternatives from equity to debt, bootstrap to buyout, including successes and challenges, specifics of negotiations and role of ethics.	Monika Kavaliauskė, PhD		Robertas Vyšniauskas

Elective Course
Nano- and Microstructure Technologies (5 ECTS) Students will get familiar with the micro- and nano-structures, used materials and employed processing technologies. They will gain fundamentals of diverse nano-technologies including fabrication, characterization and applications. After the couse the students will have developed abilities to produce micro- and nano-structures, characterize their properties and evaluate functional performance.	Prof. Mangirdas Malinauskas, PhD

Software Development Process (5 ECTS) During this course students will get knowledge of software development process methodologies, project management activities. They will be introduced to heavy weighted and agile methodology concepts and application areas, understand the importance of the classical use cases and user stories capturing process and requirement development estimation.	Assoc. prof. Povilas Treigys, PhD

Creativity and Communication (5 ECTS) The purpose of this module is to develop students’ competencies and confidence in developing new business ideas, competencies in combining ideas across professions and industries to develop novel and valuable ideas, competencies in being open-minded and curious in the exploration of novel ideas, strategic thinking about the potential role of pattern thinking in teams and innovative projects, strategic thinking about how to develop creative skills among colleagues and employees; understanding the importance and how to challenge own perception and perspectives in order to make more ambitious decisions; ability to employ persuasive principles in the communication of novel ideas to stakeholders and gatekeepers – even if such ideas may be defy current logic in industry.	Prof. Christian Byrge, PhD

III SEMESTER
Compulsory Courses
Research Thesis / Start-up Capstone (30 ECTS)

*Lecturers and courses can be subject to change.

Study visit to CERN is mandatory only for students who will be creating their start-ups.

Updated information about the study visit will be available with regard to COVID-19 in Lithuania and Switzerland. Study visit adds additional costs for traveling and accommodation.

SCHEDULE

ADMISSION

According to the competition people must have:

a bachelor`s degree (university diploma) in Business and Management or in Management and Business Administration or Economics;
a bachelor`s degree (university diploma) or equivalent, and have at least 20 credits in business and/or economics;
a bachelor`s degree or an equivalent university diploma in other field and have at least one year`s work experience in a field related to the desired / intended study program.
English language competency at a level that will enable to succeed in the studies, regardless of nationality or country of residence (the level not lower than B2 (following the Common European Framework of Reference for Languages (CEFR).

Structure of the competitive score

VS*0,3 + D*0,2 + P*0,5

VS – the average diploma appendix (appendix) grades, except for graduation thesis and/or final exam (s);

D - grade of the final thesis and/or final exam (average grade) or average grade of the final examination;

P - Assessment of motivational interview.

If your qualifications and motivation match the programme, you will receive an invitation for an interview with the Admission Committee at Vilnius University Business School. A motivational interview is designed to match study expectations. It shall be conducted at individually agreed times. Please send your CV and cover letter before the interview.

Admission steps

FAQ

FINANCING

TYPE OF STUDY FINANCING FORM	TUITION FEE
State-funded study place	0 Eur
Own funded study place for VU/VUIBS alumni	1994,5 Eur/ per semester
Own funded study place*	2487,5 Eur/ per semester

*10% discount for other applicants who apply during the first stage of admission.

During the studies, students may apply for VU Business School scholarship, social, incentive scholarships, and other. More information.

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

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 fulfill 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 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 diploma.

Prof. Saulė Mačiukaitė-Žvinienė, PhD

"Anyone who wants to power the changes, to accelerate an innovative idea can make an excellent start at studying DeepTech Entrepreneurship programme at Vilnius University Business School. It is the MSc programme that blends academic knowledge, startup accelerator, venture builder skills and unique experience to prepare the next generation of technology entrepreneurship.

It is a pack for tomorrows entrepreneurs. Students learn how to become noticed in this world, how to make their ideas pass, to define opportunities and obstacles for innovation, to run a start up or re-load a business. Students will develop effective entrepreneurship techniques, learn how to merge science and business and become frontiers of the future prosperity. Throughout the process, the teams are assisted by academic and business mentors and have advantage to test their ideas at BIC of CERN technologies, to pitch their ideas to investors and global hackathons.

Vilnius University Business School in cooperation with CERN, scientists of physics and mathematics open a new page in the higher education system by transforming traditional mindsets and creating a new culture of business, technology and leadership.

DeepTech Entrepreneurship programme is for anyone who wants to shake the industry and to become the next Steve Jobs, Daniel Ek or Mark Zuckerberg. This is the programme where I believe the future unicorns will start their long, but exciting journey. And Vilnius University is the place where value-driven innovation culture combines fundamentals of entrepreneurship and technology pioneered solutions. "

Prof. Saulė Mačiukaitė-Žvinienė, PhD

Head of Study Programme

President @National Council of Education

Prof. Christoph Schäfer, PhD

The European Centre for Nuclear Research (CERN) was founded in 1954 and its mission is to explore and understand the elementary particles and their interactions on which our universe is built upon. Hence, CERN is fully dedicated to fundamental research, and in order to pursue it, CERN makes intensive use of applied science needed in the conception, construction and operation of one of the biggest experimental apparatus scientists have ever done their experiments with.
From the World Wide Web, to PET scanners for cancer therapy or simply the touch screen, the diverse applied research conducted at CERN has helped to reshape the world we live in. The technological impact from fundamental research on the other hand is harder to see, yet no less impacting. The important difference between fundamental research and applied science is that pursuing fundamental research is without any specific purpose other than simple curiosity and understanding, whereas applied science always has a tangible goal. Because only without a tangible goal in mind, fundamental research teaches us things that are beyond our imagination, by simply presenting it to us.

Today every smartphone depends on knowledge about quantum mechanics and general relativity, something famous scientists like Max Planck or Albert Einstein would never have imagined. So disruptive innovation depends on fundamental research, even if the timeline spans decades or even a century to achieve.

CERN is welcoming entrepreneurs that share the same vision, looking not only at CERN’s current technologies but also at the huge innovative power in perceiving original ideas and transforming them into new products that unaware of today will become the necessities of tomorrow

Prof. Christoph Schäfer, PhD

Senior adviser @CERN

Birutė Miškinienė, PhD

Tomorrow's challenge starts from choosing DeepTech Entrepreneurship programme. As monetisation of technology in its early stage can be difficult to predict, participants also need to build use cases and define the value of participating in them before developing business models. Deep tech entrepreneurship plays a central role in the development of new scientific discoveries and their transfer to commercial applications. That's a very ambitious programme having access to CERN.

Birutė Miškinienė, PhD

Director @Business School

Have questions? Contact us!

Inga Budrevič

e-mail: inga.budrevic@vm.vu.lt,

mobil. +370 612 46 044

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