Study location	Lithuania, Kaunas
Academic field	Finance, banking, insurance (ISCED 343) Finance (JACS N300)
Type	Master, full-time
Nominal duration	2 years (120 ECTS)
Study language	English
Awards	M.A. (MA (Master of Business Management and for Double degree studies Master of Science in Management (at Louvain Catholic University) or Master of Science in Economics and Business Administration (at Norway School of Economics)))

Tuition fee	€4,295 per year
Application fee	€100 one-time
Registration fee	To be confirmed You need to choose an individual service package. Please contact the center curator or your agent and consult. You can also familiarize yourself with packages baltic.study/en/packages You become a part of student union and ambassador program automatically after you will get Base or Standard or VIP status. *Do not forget to ask discount

Entry qualification

Undergraduate diploma (or higher) • Bachelor degree diploma or equivalent degree in the field of Economics, Management or Business Administration or other Social Science field. Applicants, who have not studied in Economics, Management or Business Administration undergraduate programmes, should have minimum 4 ECTS in Economics, 10 ECTS in Finance and 6 ECTS in Econometrics. The programme of complementary studies (10-12 ECTS) is proposed for the students who did not take all the prerequisite subjects. The programme of complementary studies is completed in parallel during the first two semesters. Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original. You must take verified copies of the entry qualification documents along with you when you finally go to the university. You must take the original entry qualification documents along with you when you finally go to the university.

Territory requirements	Applications are NOT accepted from the following territories (based on citizenship): Bangladesh, Iraq, Pakistan, Yemen.

Language requirements	English Accepted proof of proficiency: FCE or CAE, IELTS 5.5+ or TOEFL 69+ Baltic Center examination

Overview

Master degree study programme of Finance was introduced in September 1993. The developed study programme was based on curriculum benchmarking through networking with foreign universities (e.g. from USA, Denmark) and the best practices. The peculiarities of the Finance programme at VMU are built on broad theoretical foundation in economics and finance, and specializing study subjects by different knowledge areas; rich menu of elective study subjects offered from Programmes in economics, management and business administration, as well as other social sciences offered at VMU; strong international context of contents of study subjects, reflecting integration of financial intermediaries and markets into international organizations; continuing curriculum development, taking into account dynamics of business and financial environment, and demand for new knowledge and competencies in finance. Since 2013 – 2014 academic year the programme is taught entirely in English.
The purpose of the programme is to train qualified specialists in finance, who have assimilated modern theories and methods in financial management, have systematic approach to macroeconomic processes and financial management at micro level, are able to analyze and to evaluate critically the processes on-going in the financial system and in business structures, to keep abreast of scientific and practical innovations in the finance field and to apply them in the professional activities.
Students admitted to the programme have a possibility to study for the Double Degree with the leading Business Schools from CEEMS network: Louvain School of Management at Louvain Catholic University, Belgium and Norway School of Economics in Bergen.

Programme structure

1 Year
1 semester

Accounting Harmonization in EU - 6;
Financial Markets and Institutions in EU – 6;
Macroeconomic Environment Analysis - 6;
Business Financing Models and Instruments - 6;

2 semester
Financial Risk Management – 6;
Investment Analysis and Management – 6;
Strategic Finance Management - 6;
Research Project 1 - 6;

2 Year
1 semester
Financial Economics – 6;
Modern Finance and Banking Problems - 6;
International Finance - 6;
Research Project 2 - 6;

2 semester
Final Thesis - 30.

Career opportunities

Graduates of the Programme will be able to work as financial specialists in the firms with different business profile, in banks and other financial institutions; financial consultants in audit, business consultancy firms; financial specialists, advisors, experts in government and municipality institutions; lecturers in economics and finance in Lithuanian universities and colleges. Graduates of MSc in Finance and Banking programme may continue studies at PhD studies in Economics or Management.