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ABOUT THIS STUDY PROGRAM The International Project Management Master’s study program develops advanced competencies in project strategy, leadership, and delivery, aligned with the IPMA Individual Competence Baseline. Recognised by the International Project Management Association (IPMA), the program offers a direct pathway to internationally valued project management certification, enhancing graduates’ global career prospects in the field. Internationally Accredited Study Quality. We are among the TOP 2% of business schools worldwide. The quality of studies at the Vilnius University Business School is recognized by prestigious international accreditations: ACBSP (USA) and AMBA (UK). Theory + Practice. The theoretical knowledge acquired during the studies is immediately applied in practice. Students can access the Entrepreneurship Clinic for exclusive Mentorship opportunities. International Community. The Business School is one of the most global faculties at Vilnius University. More than 30% of our students are international, and our global partner network spans the world. |
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What makes International Project Management study program unique? |
| International Students | Lithuanian Students | |
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- About
- Study Program
- Admission
- Financing
- Academic counceling
- Diploma & IPMA certificate
- Committee
- Career
- Contact us
- About
- Study Program
- Admission
- Financing
- Academic counceling
- Diploma & IPMA certificate
- Committee
- Career
- Contact us
About
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Why should you choose this study program? |
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Students will acquire the following competencies: |
Leadership, Project Stakeholder & Team Management:
- Competence in leading and coordinating multicultural, cross-functional project teams
- Effective stakeholder management, communication, and expectation alignment
- Negotiation, conflict resolution, and decision-making in complex project environments
Project Execution, Risk & Performance Management:
- Ability to manage project resources, timelines, budgets, and quality
- Competence in risk identification, assessment, and mitigation in international projects
- Data-driven monitoring of project performance using KPIs and control tools
- Application of agile and digital project management methods to ensure adaptability and efficiency
Project Strategy, Governance & Value Delivery:
- Strategic alignment of projects with organizational goals and priorities
- Application of governance structures and lifecycle management across agile, predictive, and hybrid methodologies
- Delivery of measurable business value and strategic impact
Study Program
Lectures are organized in a full-time study mode. Classes are delivered in intensive modules, usually 2–3 work days per week (Thursday, Friday, Saturday). Visiting Professors’ lectures are held on Fridays from 9:00 am to 4:00 pm or from 3:00 pm to 8:00 pm.
I Semester
| I SEMESTER | ||
| Mandatory Courses | Lecturer | |
| Project and Project Organization Operational Management (10 ECTS)
Students will gain theoretical knowledge about the main operational project management models, roles, responsibilities and functions and be able to explain the goals and methods of project team development, the role of project leadership. Students will be able to apply operational project management skills, especially focusing on the following competences: Project design, Requirements and objectives, Scope, Time, Procurement, Risk and opportunity as well as analyse the lessons learned in project work. |
Associate Professor of Partnerships Karolis Mickevicius-Mėgelaitis |
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| Strategic Management (5 ECTS)
Students will be able to demonstrate knowledge and comprehension in fundamental concepts and theories in strategic management, develop skills to apply this knowledge to strengthen competitive advantages of companies. They will be capable to make key strategic decisions, to provide performance optimization recommendations as well as identify success criteria which will be used in strategic monitoring. |
Associate Professor of Partnerships Eglė Daunienė |
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Organizational Project Management (5 ECTS) Organizational Project Management links the execution of an organization’s strategies with the operational projects and portfolios that they carry out. This course is focused on the strategic and organizational elements of project management. It is concerned with how projects align with and deliver value to the organization, and how projects fit within the wider strategy of the organization, the course looks at why the projects are initiated. The aims of this course are to reposition projects as instruments for delivering value to their organizations and to fundamentally rethink the impact of users and the role of value in project ecosystems, consequently encouraging students to shape, structure and execute more meaningful, impactful and sustainable business initiatives in order to deliver more significant and longer lasting results and impacts through their future projects. |
Professor PhD Darren Dalcher |
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Managerial descisions (5 ECTS) This course provides the knowledge and skills necessary for analysing and evaluating organisational strategies in complex business environments. Students will be able to make informed managerial decisions and formulate effective business and development strategies by applying principles of general management, economics, and data-driven analysis. The course also develops leadership competences and emphasises responsible decision-making, sustainability, and organisational value creation. |
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| Elective Courses | ||
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Innovation and Change Management (5 ECTS) Students will gain knowledge, apprehension and be able to explain the various factors of innovation management and their interrelationship. As well they will gain knowledge on lateral thinking (compared to a patterned way of thinking), be able to draw on and explain best practice in Innovation Management from European and local scenes and will gain practical skills in identifying opportunities to maximize growth and profitability, developing an innovation management plan and implementing all parts of an innovation management plan. |
Associate professor dr. Eglė Terminė |
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Digitization and IT solutions in Project Management (5 ECTS) The aim of this course is to provide knowledge and skills in enterprise information system (Microsoft Project Web Access) design and possible usage for enterprise project and portfolio management solutions. |
Lect. Lina Druskienė |
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II Semester
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| Mandatory Courses | ||||
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Leadership and Team Work (5 ECTS) Students will gain theoretical and practical knowledge in project leadership. Skills of vision building, nurturing collaboration, promoting performance, cultivating learning and ensuring results for project success will be developed. Personal leadership motivation, sources of power, qualities, styles will be analysed. Team development and dynamics, effective communication and conflict management within the project teams will be discussed and explored. Leadership effectiveness criteria will be explained and applied to practical situations. |
Professor of Partnerships PhD. Mantas Tvarijonavičius |
Associate professor PhD. Andrius Valickas |
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Agile Project Management (5 ECTS) Students will gain theoretical knowledge and practical aspects about Agile Project Management principles, methods and tools and be able to explain and analyze Agile Project Management principles in projects, especially focusing on the following competences: Scope, Time, and Teamwork. Students will be able to demonstrate knowledge, comprehension and application of the following Key competence indicators using Agile approach: Structure the project scope; Define the work packages of the project; Establish and maintain scope configuration; Monitor progress against the schedule and make any necessary adjustments. |
Lect. Skirmantas Gricius |
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Process & Quality Management (5 ECTS) Students will be able to demonstrate knowledge, comprehension and application of the following Key competence indicators: Develop, monitor the implementation of, and revise a quality management plan for the project, Ensure quality throughout the project. As well as they will be able to demonstrate knowledge, comprehension and application at the advanced level of this KCI: Align with organisational vision and mission. |
Associate Professor of Partnerships Artūras Kuliešas |
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Research Methods (10 ECTS) The course introduces quantitative and qualitative research for the social sciences with emphasis on project management. It gives an overview of the main parts of scientific research, essential approaches to quantitative and qualitative data collection/generation and explores the basics of sampling, quantitative and qualitative data analysis. Significant part of the course consists of practical work allowing the students to gain a hand-on experience in developing of research proposal. |
Professor PhD. Mangirdas Morkūnas |
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Project Financial, Procurement and Contract Management (5 ECTS) The aim of the "Project Financial, Procurement, and Contract Management" module is to offer a comprehensive set of procedures and tools for effectively overseeing the financial aspects, procurement activities, and contractual obligations within a project. This module encompasses financial management, which involves monitoring project budgets, expenses, revenue, and cash flow. It includes the creation of financial forecasts, tracking actual expenditures in relation to budgets, and ensuring financial transparency and accountability throughout the project's lifespan. Additionally, it covers procurement management, which entails facilitating the procurement process by identifying suppliers or vendors, issuing requests for proposals or bids, evaluating proposals, negotiating contracts, and managing supplier relationships. It also encompasses contract management, which involves handling the entire lifecycle of contracts from their creation to execution and closure. This includes drafting contracts, negotiating terms and conditions, monitoring contract milestones and obligations, assessing performance, and managing contract changes or disputes. |
Lect. Janis Paksis |
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Advanced Creative Thinking & Communication (5 ECTS) The Advanced Creative Thinking & Communication course is offered in collaboration between Vilnius University Business School and Kaospilot. It is designed to help individuals who are ready to transform how they approach problems. This program will help you unlock your creative potential, equipping you with fresh perspectives and the ability to challenge conventional thinking. It offers a playful yet structured approach to nurturing creativity, allowing you to push your organisation or personal endeavours to new heights.
Powered by |
Professor PhD. Christian Byrge |
Lect. Dennis Dybdal |
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Admission
| General admission requirements and selection criteria |
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● Bachelor`s degree (university diploma) in Business and Management or in Management and Business Administration or Economics. ● Bachelor`s degree (university diploma) or equivalent, and have at least 20 credits in business and / or economics. ● Bachelor's degree or an equivalent university diploma in another field and have at least one years work experience related to the desired/intended study program.* ● Bachelor`s degree (colege diploma) in Business and Management or in Management and Business Administration or Economics with not less than 8 weighted average and have at least one years work experience related to the desired/intended study program.* * For Lithuanian applicants only |
| For all Lithuanian and EU applicants |
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0.5 × VS + 0.5 × D + P Where:
Additional points may be awarded when applying to state-funded or non-funded places:
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| For International applicants |
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● English language proficiency: - the level not lower than B2 (following the Common European Framework of Reference for Languages (CEFR). - If your first language is English and/or if you have a university degree in English, you will be exempt from providing an English language test score. ● Applicants with an overall grade average of at least 70% are eligible for admission. ● For non-EU/EFTA applicants: the gap since you completed Bachelor degree should not exceed five years. ● If qualifications match the program, the applicant will receive an invitation to pre-record a video interview. More details will be provided during the application.* ● Applicants from Bangladesh, Nepal and Pakistan must submit OMPT-A (Online Mathematics Placement Test) Certificate (minimum passing grade – 55%). More information can be found HERE. * The Vilnius University Business School Admission Committee might invite their candidate for a face-to-face interview. |
Financing
| TYPE OF STUDY FINANCING FORM | TUITION FEE/SEMESTER |
| Own-funded study place for non-EU/EFTA countries* | 3275 Eur |
| Own-funded study place for EU/EFTA, Ukraine, and for graduates of other Lithuanian universities* | 2725 Eur |
| Own-funded study place for VU/VUIBS alumni/VU Exchange students |
2345 Eur |
* The standard tuition fee (2345 Eur) applies to students admitted in the 2025/2026 academic year who complete their first autumn semester with a GPA of at least 95%. Academic performance is reviewed individually each semester.
During their studies, students may apply for VU Business School scholarships, social, incentive scholarships, and others. The information is announced every year through Business School communication channels.
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 5 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:
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Laura Staponė tel. +370 673 17 648 |
Diploma & IPMA certificate
This Master’s study program is recognized by the International Project Management Association (IPMA) and is the first in Lithuania and the Baltic States to receive IPMA REG registration.
Its structure is based on the IPMA Individual Competence Baseline, ensuring alignment with internationally recognised project management competencies. IPMA certifications are widely valued within the global project management community.
Upon graduation, students receive not only a diploma but also an easier path to obtaining the International Project Management Association (IPMA) certificate.
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 fulfil 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 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.
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:
Career
ALUMNI I Viktorija Kundrotaitė: The Result of Business Studies – Managing a Horse Ranch
ALUMNI I Antanas Bernatonis, who Founded Lithuania’s First AI Agency
ALUMNI I Deividas Tokaris: From an International Business Bachelor’s Degree to an Agency Generating Million-Euro Sales
ALUMNI I Linas Marcišauskas: Business Studies for Content Creators
ALUMNI I Julija Jeršova: From an International Business student to an AirBaltic pilot
ALUMNI I Rapolas Sausaitis. Entrepreneurial Thinking That Inspired the Trendy Bar Business
ALUMNI I Romanas Lipovič. From Business Studies to Building Own Business – Wantly.
+370 612 46 044