Economics

If we could explain economics in one sentence, it would sound something like this: “Economics is a never-ending study on how our world works”. Indeed, we always look for answers about how society, governments, or various businesses make decisions based on how to distribute limited resources and get the most out of it.

As an economy specialist, you are taking over a crucial role by making sure you are behind all of those decisions, forecasting economic matters, and proposing new, innovative solutions.

While studying, you will be able to choose from one of the 18 blocks of competencies – to specialise and gain the competitive knowledge needed in this particular block of the labour market.

Also, with the Erasmus exchange program, you will be able to study at any foreign university for a semester or complete an internship at whichever international company you choose.

Location Kaunas
School of Economics and Business
Cycle First cycle
Field Economics
Language Lithuanian
Study mode and duration Full-time studies - 4 y. (Day-time)
Degree awarded Bachelor of Social Sciences
Dvigubas laipsnis
  • Hamburg University of Technology
  • Prague Metropolitan University
  • Universidad Politecnica de Cartagena
  • University of Dubrovnik
  • Stralsund University of Applied Sciences
 

Values

Studies

A double Bachelor’s degree

If you’re a fluent French speaker, you are in luck! This program offers a unique opportunity to achieve two diplomas in economics: a prestigious degree from Kaunas University of Technology and a French degree from the University of Le Mans in France.

Studies

“Bloomberg” certificate

During the entire course of your studies, you will always have access to the latest and most up-to-date Bloomberg analytical data. Additionally, you will be able to obtain the Bloomberg Market Concepts (BMC) certificate and gain invaluable experience from working with top international data platforms.

Studies

Modern life – modern studies

The program is based not only on facts but on the ever-changing world of economy. At the university, you will be approached as a professional who can think critically and analytically. Here we work as a team and seek new answers to seemingly eternal questions.

By all means, we will analyse micro and macroeconomics, economic statistics, public economics and taxation, international economics and trade, regional economics, finance and accounting analysis, and the issues that come from them.

While studying, you will be able to choose from one of the 18 blocks of competencies – to specialise and gain the competitive knowledge needed in this particular block of the labour market.

While studying, you will be able to choose from one of the 18 blocks of competencies – to specialise and gain the competitive knowledge needed in this particular block of the labour market.

Infrastructure

New ways of learning

You will join a vibrant and intellectual community where you will always find like-minded people and an open space for discussion. At KTU we use modern and advanced study methods including case studies, experimental techniques, business scenario simulations, problem-based learning, as well as SPSS, EViews software packages, and the Bloomberg platform.

Demand on the labour market

Bright and broad career prospects

Here, you will gather a wider understanding of government policy-making, business behaviour, and constant changes in economic systems around the world.

85% of our students are employed straight after their studies, while others start working while studying or after completing an internship.

 

Skills

Understanding of economic processes – at the level of company, sector, at national, and international level
Market analysis – structure, effectiveness, regulation
Evaluation – business environment, company’s aims, resources, and activity results
Data analysis – collection, modelling and forecast of business data
Collection, analysis, and evaluation of data Identification of economic problems and modelling of solutions Making of decisions in ever-changing economic environment Activity under the conditions of globalisation

A student who chooses BA+ competence, acquires the knowledge and skills in an additional study field, and discovers new career prospects.

 

BA+ competence blocks offered in KTU Bachelor’s study programmes can be an alternative study plan for:

  • the specialisations;
  • individual set of modules;
  • the subjects providing deeper knowledge of the study field.

Acquisition of the competence is certified by the issue of KTU certificate and entry in the diploma supplement.

Testimonials

Žilvinas Karalevičius

Sales Development Manager for Eastern Europe at LSG Sky Chefs Airo Catering Services Lietuva, UAB

 

Looking at my employees’ – the graduates of Economics study programme in KTU – work, I can tell that they have the newest economics knowledge and are able to use them at various levels of management of company’s activity. They have perfect understanding of company’s financial documents, are able to analyse and evaluate them, as well as to stipulate and propose priority fields of improvement of activity. The majority of the graduates of KTU Economics study programme whom I met so far, whom I had the opportunity to speak to and work with are certainly good and competent specialists.

Ugnius Noreika

Director at UAB "Mastermann"

 

The manager’s work is to decide which strategy is the best and this requires understanding of company’s processes and evaluation of possible changes of economic environment. The Economics studies gave me a lot – without having the knowledge of economics I could not do my job, because economic modelling is the tool which I use each and every day when making the most important decisions of my company.

Career

What will you be able to do?
– Collect, analyse, assess, and forecast almost all kinds of economic data.
– Calculate and establish the company’s budget.
– Integrate the most advanced economic and business practices.
– Understand and evaluate the global economy.
– Apply all the available knowledge both on the national and international stage.

 

 

You may become

As an economist, you will study the market conditions. You will forecast and draw up both long-term and short-term budgets. You will evaluate investments, monitor the country’s and the world’s economy, and be able to explain its nuances in detail.

As specialist, you will prepare investment and business plans, calculate company indicators, and evaluate them. You will also continually monitor export markets and look for opportunities in new international partnerships.

As an analyst, you will handle the economic research and formulate business strategies. You will  evaluate markets, look for customers, and analyse the company’s financial performance.

 

Minimum requirements

Proficiency in English
Language requirements

IELTS ≥5.5, TOEFL ≥75, CEFR ≥B2, or equivalent

Eligibility CGPA
High school certificate

Maximum 3 years after high school graduation is eligible.

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.

The entry qualification documents are accepted in the following languages: English / Russian.

The documents must be legalised (Apostille) by the Ministry of Foreign Affairs of the country where the documents were issued. This requirement does not apply for the documents issued in the EU and Belarus, Ukraine.

Minimum average grade (CGPA) > 60 % in each entry subject.

 

Score structure

 

Tuition fee

Foreign nationals with Lithuanian origins and EU citizens
Full-time studies 1680 €
Price per credit 28 €

 

Financial support