Program Overview

Program Overview

The Business Data Analytics program is an interdisciplinary, English-taught program that develops students' abilities to statistically analyze business data, providing modern knowledge in statistics, machine learning, business, and finance. Graduates can collect, systematize, analyze, and interpret data, apply statistical methods in business and finance, critically evaluate information, and communicate it to specialist audiences.

Program Details

• Qualification Level: Bachelor of Mathematical Sciences
• Department: Faculty of Mathematics and Informatics
• Duration (years): 3
• City: Vilnius
• Study Field: Mathematical Sciences
• Study Program: Statistics
• Credits: 180.0
• Study Form: Full-time
• Language: Lithuanian, English

Admission Requirements

• Minimum Requirements:
  • For those who acquired secondary education in 2026:
    • Pass at least 3 state exams (Lithuanian language and literature, mathematics, and one elective subject).
    • Exam results must not be lower than the basic achievement level, meaning the average of three state exam scores must be at least 50.
  • For those who acquired secondary education before 2026, check the requirements according to your year of education.

Competitive Score

The competitive score is calculated based on the following subjects and coefficients:

• Mathematics: Exam, coefficient 0.4
• Information Technology or Physics or Biology or Chemistry or Geography or Economics and Business or Engineering Technologies: Exam or annual grade (A level), coefficient 0.2
• Any subject not overlapping with the above: Exam or annual grade (A level), coefficient 0.2
• Lithuanian Language and Literature: Exam, coefficient 0.2

Additional Points

Additional points can be added to the competitive score for achievements demonstrating activity, knowledge, and initiative, such as winning places in olympiads or contests, high-grade graduation projects, volunteering, or other significant achievements. Up to 2.5 additional points can be awarded.

Application Steps

1. Choose a Study Program: Familiarize yourself with all available bachelor's and integrated study programs and their requirements. Evaluate your interests, strengths, and professional ambitions.
2. Check for Additional Requirements: Most applicants only need to know the composition of the competitive score and meet the minimum requirements. However, in some cases, additional diploma recognition and/or grade conversion might be required.
3. Submit an Application via LAMA BPO: During the general admission period, applications are submitted through the LAMA BPO system. You can choose up to 9 preferences (study programs) indicating the funding type.
4. Wait for an Invitation to Study and Sign a Study Agreement: After receiving an invitation to study, first, you need to pay the registration fee. The study agreement must be signed by the deadline; otherwise, the invitation to study becomes invalid.

Study Results

• Collect, analyze, and interpret information independently.
• Develop and critically argue ideas.
• Apply statistical and business management knowledge in creating business data analysis projects.
• Formulate business management problems in mathematical-statistical language and collect appropriate data for their solution.
• Adapt statistical models to solve practical problems.
• Evaluate, analyze, and interpret results.
• Understand microeconomics and macroeconomics concepts, principles, and models, and critically evaluate business management processes in the context of international economic changes.

Financing

• Annual Tuition Fee for a Non-State Funded Place: 4,108 EUR
• Named Scholarships: 450th Anniversary Scholarship

Reduction of Tuition Fees

Tuition fees can be reduced in the following cases:

• Active Scientific Activity: Up to 100% reduction, depending on achievements (winner/prize-winner of world/European competitions, co-author of patents, winner/prize-winner of Lithuanian competitions).
• Active Cultural Activity: Up to 90% reduction, depending on achievements (member of the University's artistic collective, prize-winner in competitions).
• Active Sports: Up to 100% reduction, depending on sports achievements (member of the Olympic team/candidate, winner/prize-winner of world/European championships, SELL, Lithuanian championships).
• University Employees: Up to 70% reduction for employees working at least half-time and continuously for at least 10 months.

Compensation of Tuition Fees

This is an opportunity for students to refund part or all of the paid tuition fees for high academic achievements.

State-Supported Loans

Students can use state-supported loans, which are provided according to the procedure established by the Government of the Republic of Lithuania. These loans are intended to help finance studies and living expenses during the study period.

Career Opportunities

Graduates of the Business Data Analytics program can work in various sectors and organizations. They can become financial, risk, investment, pricing, and activity strategy optimization specialists in the financial and business sector. In sales and marketing, they work as customer behavior analysts, creators of personalized recommendation systems, demand forecasters, and data-driven business decision specialists. In research and applied research centers, they become economic, financial, and business data analysts, applying statistical and machine learning methods to create advanced insights.

Frequently Asked Questions

• Can I choose individual study opportunities in this program? Yes, from the second semester, you can use the individual study opportunity choose part of the study subjects (from 10 to 25 percent) that will be integrated into your study program.