Business and Entrepreneurship

These are the studies which can put you into the chair of the richest people in the world. No kidding. But we emphasize the word “can”. The studies are not just a discipline – they are a choice, reflecting your ambitious goals.

The task of entrepreneurs is to convert their goals into reality, to look for business solutions that increase competitiveness, to apply them in practice, and to manage a successful company themselves.

Studies, implemented with participation of Lithuanian Business Visionaries

Business and entrepreneurship study program has been prepared in cooperation with the organization “Versli Lietuva” which promotes the international competitiveness of Lithuanian business. The current program responds to both the students’ desire to enrich the learning experience by applying theoretical knowledge in practice during their studies as well as the need of business enterprises to obtain employees with work experience.

Novel Learning Experiences: one-year practical skill development in business

Having chosen one out of two specializations, offered in this program – “Export Management” or “Business Strategy and Sales”, you study according to a new and innovative study model, applied for the first time in Lithuanian universities which focuses on developing students’ practical skills by direct application of the acquired theoretical knowledge. You will have your placement in business enterprises for two semesters using the knowledge, gained during your studies here. Such a study model has long been offered by foreign universities in, for instance, the United Kingdom, which implement studies on a “sandwich” basis.

Studies Abroad, even in Silicon Valley

Under the Erasmus exchange program, students are encouraged to go to any foreign university for semester-long studies, even to the San Jose State University in Silicon Valley (California, USA). In addition, an internship can be held not only at a Lithuanian but also at a foreign business company.

Description of Study Programme Apply
Location Kaunas
School of Economics and Business
Cycle First cycle
Field Business Studies
Language Lithuanian
Study mode and duration Full-time studies - 4 y. (Day-time)
Degree awarded Bachelor of Business Management
Specialisations Export Management,
Business Strategy and Sales
Yearly Price  i Full-time studies - 2628 €
Partial tuition fee waiver
 

Entry requirements

Minimum requirements

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

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.

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

High school certificate

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

 

Score structure

 

Tuition fee

The tuition fee applied for the academic year 2021-2022 is indicated below.

Foreign nationals with Lithuanian origins and EU citizens
Full-time studies 2628 €
Price per credit 43,8 €
Partial tuition fee waiver can be applied for the study price. Find more information HERE.

 

Financial support

 

 

 

 

 

Subjects of the study programme by semesters

Skills

Business – electronic, international, services.
Entrepreneurship – business idea, innovative nonthinking, entrepreneurial company
Business strategy – mission, vision, strategic aims
Innovation management – innovative products, innovation culture, competitiveness
Business ideation and implementation Analysis and management of business processes Leadership development and management Knowledge and solutions of business practice

 

 

Values

One-year practical skill development in business

Modern studies have to be in line with current trends. Therefore, you, as a business and entrepreneurship student, will have the opportunity to learn not only from the best, but also with them. Employers have already made a significant contribution to the development of the program, and well-known entrepreneurs continue to be actively involved in your studies and help you find your best path.

Student internships on a rotating basis for two semesters are organized in companies with which we have long-term relationships established. The knowledge acquired at the university is applied and practical skills are developed according to an individual program, the results of which will allow you to become a part of a global business. In each case, the needs of the company growth and the student’s personal development are integrated. In different specializations, the learners acquire the competencies necessary for export or professional sales management work and can develop their skills with the help of a company mentor and a university internship tutor.

Specialization: Export Management

Export Management specialization is implemented in cooperation with the Public Institution “Versli Lietuva”, which helps to train high-level export professionals to meet the needs of today’s market.

Specialists in the field of export management acquire the knowledge necessary for the analysis of international markets, international logistics, and export and sales management. They are able to use the theoretical knowledge in practical activities of the organization.

During a long-term internship of two semesters (one year) students learn to apply performance improvement methodology, analyze and summarize the company’s export performance improvement results, formulate conclusions, use methods of analysis and planning as well as sales management. They get to know and evaluate company performance, independently initiate and implement export market or business development projects.

Specialization: Business strategy and sales

Business strategy and sales professionals are directly responsible for business development. They use state-of-the-art business development techniques, use artificial intelligence technologies, and are skilled marketers who can offer their product or service in the real and virtual world.

During their studies at the university and long-term internships of two semesters (one year) in businesses, students learn to apply strategic thinking, strategic analysis, strategic planning tools in practice. They gain the knowledge of business development, strategy development and professional sales techniques, develop the ability to formulate arguments and make strategic decisions.

Kickstart your business while studying

Just imagine – your business idea gets the financing it needs and starts getting developed in Silicon Valley, USA. Sounds like a dream, right? It can actually turn into reality! “KTU Startup Space” is a unique start-up business incubation system that operates at our university. Our students have already received support from the project and are currently continuing their activities in Lithuania and all around the world, including the legendary Silicon Valley.

 

Career

Bright and broad career prospects

What will you be able to do?

Create logical and potentially big business ideas.

Analyse the strategy of a specific active business to find its strengths in the market.

Analyse entrepreneurial businesses in chosen markets, evaluate their environmental analysis, creativity, and logically justified conditions.

Apply the negotiation theory in practice.

Explain the concepts of management, its development, main terms, functions, and areas of the managers’ activities.

Apply your knowledge, both locally and globally.

 

 

You may become

There is no need to explain –- the manager is the central figure of any company, responsible for its establishment, business planning, and management. As a manager, you will define corporate strategy, internal policies, address critical issues, and represent your organisation in negotiations, projects, and events.

As a professional, you will lead the product development of companies and commercialise innovations. You will also help manage various administrative procedures, corporate strategy, and control costs.

You will be capable of leading the sales and marketing staff. As a specialist, you will also draw up and manage corporate budgets, conduct market assessments, and represent company or organisation at sales events, trade shows, and other forums.

As a professional, whose activities are related to the higher goals of the organisation, you will seek to ensure customer loyalty, analyse and improve the business systems of your company, develop a precise strategy and help to implement it.

You will be the one to unleash real talent. In this position, you will be the professional who can attract and retain the best employees in the company – you will form teams, solve legal personnel issues, form the atmosphere of the company, and create a motivational system.

 

 

Testimonials

Rasa Žilionė

Rasa Žilionė

Director at PI Innovation

 

It is important for the employer that the graduate would be open to changes, motivated for constant improvement, would be able to cooperate and communicate with colleagues and partners. Non-standard experiences, creativity creativeness, flexibility, knowing of foreign languages, and many other “soft” components of competencies are on the top of the list of employee selection criteria these days. All of this is acquired by the students of Business and Entrepreneurship
study programme; therefore, the majority of them successfully establish themselves in the Lithuanian and foreign companies.

Artūras Kanapkis

Artūras Kanapkis

Director at UAB “Baltic Synergy”

 

The key to success is the ability to connect different competencies for the achievement of the common result, to find the relations between individual disciplines and use this synergy. The studies of Business and Entrepreneurship
are an interdisciplinary space of knowledge which provides an opportunity to know not only individual business management functions (marketing, accounting, finances, etc.) but rather the business company as the whole. For this reason, the graduate from this programme can become a link connecting the professionals of individual fields, understanding the specifics of each one of them and able to use the knowledge of different disciplines for the achievement of the common goal.
When studying various subjects of Business and Entrepreneurship
, I had more than one opportunity to try myself in various hypothetical situations of business without experiencing the actual risk. This allowed me to gain valuable experience. Due to programme of Business and Entrepreneurship
I know where to look for the ways to find the right solution for my business.