Global Business and Economics

Programme structure

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Schedule

Global Business & Economics is a two-year study programme conducted primarily on campus, although some subjects may be taught remotely via the MS Teams platform.

Classes are held on weekday evenings from 5:45 PM to 9:00 PM (Lithuanian time). Each semester, students study 4 to 6 different subjects, organized in modules. Typically, 1 to 2 subjects are studied simultaneously, with new subjects starting after the completion of the previous ones. The Master's thesis is defended in three stages, during the second, third, and fourth semesters.

Key Learning Outcomes

A graduate of the programme will:

• Have a firm knowledge of global business management
• Better understand the cultural, economic, political, legal, scientific and technological international business environments needed for business decision making
• Develop a firm knowledge of the establishment, development and competition of businesses in global conditions
• Learn about the cultures of particular states, nationalities and regions, as this is one of the preconditions in making, developing and maintaining successful business contacts
• Develop the practical and theoretical skills needed for solving global business problems

Programme Specific Requirements

Admission requirements for foreigners

• A Bachelor’s degree or its equivalent.
• No less than 20 ECTS credits in the fields of Economics, Management, Marketing and other similar fields, or at least three years of professional experience in the field of the study programme proven with an official document from the employer.
• English language proficiency at a level not lower than B2 (following the Common European Framework of Reference for Languages (CEFR)).
• Motivational interview.

In addition, all applicants have to fulfil the general admission requirements.

Admission requirements for Lithuanian citizens

Applicants to this study program must meet at least one of the following criteria:

1. Completed first cycle university studies in the fields of Economics or Business and Public Management.
2. Completed first cycle university studies in other fields with at least 20 ECTS from the management (compulsory) and marketing, economics as well as business or public administration fields, or completed first cycle university studies in other fields and completed complementary* studies at VU FEBA.
3. Completed professional bachelor studies and complementary* studies at VU FEBA.
4. Completed first cycle university studies in other fields and acquired at least three years of professional work experience in the field of the study programme.

* Applicants who have completed complementary studies at other universities may apply only if the completed complementary studies meet the requirements of Vilnius University Faculty of Economics and Business Administration for complementary studies and provide a certificate of completion.