Program Overview

Economics and Finance Program

The Economics and Finance study program is designed to provide students with solid competencies in economics, finance, and data analysis. The modern business environment requires the ability to work with large amounts of data, interpret it, and make informed decisions, which is why the program focuses heavily on analytical and statistical insights.

Program Description

The program is tailored to meet the needs of the growing Fintech sector in Lithuania, introducing students to current financial innovations, technology-based financial products, their regulation, and market development trends. Students will develop public speaking, clear argumentation, logic, systematic thinking, and consistency skills through lectures and seminars supported by open discussions.

Program Structure

• Lectures and seminars supported by open discussions
• Statistics and data analysis skills developed in modern computer labs
• Work with statistical analysis and data visualization software
• Analysis of real-time financial market data provided by the Bloomberg terminal
• Lectures by guest speakers who are professionals in the fields of economics or finance

Admission Requirements

Entry Qualification

Students must meet the general and program-specific admission requirements.

Language Requirements

• English: The following language certificates are accepted for study programs taught in English: IELTS Academic 6.5+, TOEFL iBT 81+, Cambridge English Exam 176+, Pearson PTE Academic 59+, LanguageCert IESOL B2, Duolingo English Test 120+, Password Skills Plus 6.5+ or another language proficiency certificate equivalent to B2 CEFR.
• Exemptions apply if the first language is English and/or if a university degree is held in English.

Other Requirements

• At least 1 reference(s) should be provided.
• A motivation letter must be added to the application.
• Applicants from Bangladesh, Nepal, and Pakistan must submit OMPT-A (Online Mathematics Placement Test) Certificate (minimum passing grade 55%).

Admission Steps

1. Find your program and check the application dates.
2. Check eligibility and prepare necessary documents.
3. Pay the application fee and submit the application.
4. Take the interview (for candidates who meet the established criteria).
5. Confirm acceptance and pay the tuition fee.

Learning Outcomes

• Analytically assess economic and financial phenomena using statistics, econometrics, and data visualization methods.
• Work with real data sources, including the Bloomberg terminal.
• Understand and explain the principles of economics, corporate finance, public finance, and financial markets.
• Learn about technological solutions in the Fintech sector and their regulatory context.
• Independently prepare well-reasoned analytical conclusions and perform case studies.
• Assess the impact of economic decisions.
• Communicate analytical results clearly through practical seminars and teamwork.
• Justify chosen methodologies and collaborate effectively in solving tasks.
• Take responsibility for the overall results and outcomes of projects.

Financing

• Annual tuition fee for a state non-funded place: 3,660 EUR.
• VU FEBA Admission scholarship available.

Career Prospects

The Economics and Finance study program provides a wide range of career opportunities in both the public and private sectors, including banks, investment management companies, financial market analysis departments, Fintech companies, or consulting firms. Graduates can also work in economic policy, public finance, social security, or macroeconomic analysis in ministries, municipalities, research institutes, and central banks.

Essential Skills for a Dynamic Future

Graduates develop critical thinking skills, the ability to learn independently, and skills to collect, organize, and analyze information. These skills are essential for a modern person and lay the foundations for a broad range of career opportunities.