Quantitative Economics

Sukurta: 24 November 2020

	Faculty Economics and Business Administration
	Scope of studies and length 180 ECTS credits, 3 years
	Qualification awarded Bachelor in Social Sciences
	Application deadline* 1 May / 1 July
	Language English
	Tuition fee per year 3 660 €
	Start of studies 1 September
	City Vilnius

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The Quantitative Economics (QE) programme was created by the Bank of Lithuania researchers trained at the world’s best universities to transform economics education in the country. The course structure ensures an in-depth coverage of critical fields, namely data science and computing, finance, and economics, which are highly valuable in the job market. Over time other programmes have adopted similar structure, yet QE remains the most challenging, selective, and supportive programme. Each student has to pass a higher minimum grade bar and, upon admission, is matched with a senior mentor who provides tailored academic, career, and social advice. The QE programme is taught by research-active lecturers and professors with PhDs from leading universities worldwide, helping to keep the contents of the course up to date. In addition, it is based on the CORE project, OpenStax and other modern teaching methods in economics and ﬁnance. Last but not least, the scholarships for the best students are provided by social partners, such as the Bank of Lithuania and Nasdaq, to mention a few.

Click here to see the program leaflet.

Programme structure

Course unit title	ECTS credits
Course unit title	ECTS credits
1 semester Compulsory courses Economic Principles I Mathematical Methods I Statistical Theory I	25.0 15.0 5.0 5.0
2 semester Compulsory courses Economic Principles II Mathematical Methods II Statistical Theory II Elective courses (10 ECTS) General Course of University Education	35.0 15.0 5.0 5.0 10.0
3 semester Compulsory courses Economic Theory I Econometric Theory and Practice I Finance I Elective courses (10 ECTS) Comparative Economics Labour Economics Behavioural and Experimental Economics General Course of University Education	30.0 10.0 5.0 5.0 5.0 5.0 5.0 5.0
4 semester Compulsory courses Economic Theory II Econometric Theory and Practice II Finance II Computing and Data Analysis Further Quantitative Methods	30.0 10.0 5.0 5.0 5.0 5.0
5 semester Compulsory courses Applied Microeconomics Applied Macroeconomics Applied Finance Summer Internship	30.0 5.0 5.0 5.0 15.0
6 semester Compulsory courses Bachelor's Thesis Elective courses (15 ECTS) Panel Data Econometrics Big Data Analysis Time Series Analysis International Macroeconomics and Finance Industrial Organization Financial Markets	30.0 15.0 5.0 5.0 5.0 5.0 5.0 5.0

Course unit title

ECTS

credits

Course unit title

ECTS

credits

1 semester

Compulsory courses

Economic Principles I

Mathematical Methods I

Statistical Theory I

25.0

15.0

5.0

2 semester

Compulsory courses

Economic Principles II

Mathematical Methods II

Statistical Theory II

Elective courses (10 ECTS)

General Course of University Education

35.0

15.0

5.0

10.0

3 semester

Compulsory courses

Economic Theory I

Econometric Theory and Practice I

Finance I

Elective courses (10 ECTS)

Comparative Economics

Labour Economics

Behavioural and Experimental Economics

General Course of University Education

30.0

10.0

5.0

4 semester

Compulsory courses

Economic Theory II

Econometric Theory and Practice II

Finance II

Computing and Data Analysis

Further Quantitative Methods

30.0

10.0

5.0

5 semester

Compulsory courses

Applied Microeconomics

Applied Macroeconomics

Applied Finance

Summer Internship

30.0

5.0

15.0

6 semester

Compulsory courses

Bachelor's Thesis

Elective courses (15 ECTS)

Panel Data Econometrics

Big Data Analysis

Time Series Analysis

International Macroeconomics and Finance

Industrial Organization

Financial Markets

30.0

15.0

5.0

Key Learning Outcomes

Acquire knowledge in the classical and modern theories and principles of economics and finance, and be able to apply them when analysing economic problems.
Acquire knowledge of quantitative methods and be able to competently apply them when working with different types of economic and financial data.
Appreciate the possibilities and the limits of scientific research methods when solving economic problems.
Undertake applied research that uses empirical evidence to validate economic arguments.
Apply critical thinking skills when analysing economic problems.
Explain and interpret mathematical models describing social phenomena.
Critically evaluate the economic policy in the real-world situations.
Find relevant data, evaluate its quality, conduct a statistical analysis using modern software packages and prepare a final report using scientific typesetting tools.
Work as an integral part of a team, while making individual suggestions and developing communication skills.
Construct complex arguments and communicate them in a clear manner through written, graphical and oral formats.
Expand one’s own understanding, knowledge and skills independently and learn to critically evaluate one’s own accomplishments.
Organise and plan your own work independently and make decisions depending on circumstances.

Programme Specific Requirements

Why choose this programme?

This is the only three-year English-taught Bachelor‘s degree programme in Economics in the country.
It is designed and delivered jointly with researchers at the Bank of Lithuania.
Students are taught by research-active lecturers and professors with PhDs from leading universities around the world.
Combines CORE project, OpenStax and other state-of-the-art open sources with quantitatively rigorous training in economics and finance.
Our partner scholarships are available for the best students.

What comes after?

Our graduates may be employed as a:

Finance Analyst
Economic Analyst
(Big) Data Analyst
Forecaster

Faculty of Economics and Business Administration

Scholarships

Arqus European University Alliance

“For several years now the Bank of Lithuania participates in the joint policy decision making of the Eurosystem. At the round table discussions it is the best and most convincing economic arguments that define the monetary stance of the Eurosystem, regulatory interventions and the design of the future Eurozone. Thus, the Bank of Lithuania needs university graduates with broad, rigorous and up-to-date training in economics."

Marius Jurgilas, SVP Research and Innovations, SUPER HOW?, Former Member of the Board (Bank of Lithuania)