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Accounting and Auditing

No organisation can lead their business without the helping hands of an accountant and an auditor. Accounting is one of the most crucial areas of any activity, helping companies and organisations function legally and effectively.

ACCA-accredited master’s studies in Accounting and Auditing at KTU is a straight-forward path to not just a position in accounting or audit professionals’ teams, but to a greater opportunity to become the head of the accounting or finance department, company manager in the audit and accounting business.

KTU’s MSc in Accounting and Auditing is the only study programme in Lithuania that provides international qualifications, which will be invaluable for your career: the graduates of this program are awarded as many as 7 out of 9 credits from the ACCA examinations of the International Association of Professional Accountants.

  • Study wherever you like: with the Erasmus+ exchange programme you may go for a study exchange or complete an internship in a country of your choice
  • According to the data from the last year, the employability of the graduates of MSc Accounting and Auditing is 96%
  • Valuable free time: join the ACCA expert discussions, research projects while studying

* Studies in the Lithuanian language are delivered at the evening-time (cyclic, blended learning), studies in the English language are delivered at weekends (cyclic, blended learning).

Description of Study Programme
Location Kaunas
School of Economics and Business
Cycle Second cycle
Field Accounting
Language Lithuanian, English
Form Full-time studies - 2 y. (weekend, evening-time; cyclic, blended learning)
Degree awarded Master of Business Management
Yearly Price  i Full-time studies - 3989 €
  • University of Bologna
  • Athens University of Economics and Business
  • University of Bergamo
  • Tomas Bata University in Zlin

Entry requirements

Minimum requirements

University bachelor degree certificate

Business and Management or Social sciences field degree

Language CGPA

IELTS ≥6.0, TOEFL ≥85, CEFR ≥C1, or previously completed studies in english language.

Average grade (CGPA) > 60 %

Additional requirements

Often you can get a suitable transcript of bachelor degree 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.


Score structure

Component Coefficient
First component of the competition score

Average grade (CGPA) of University‘s Bachelor’s degree (min. length – 180 ECTS) and its supplement


Second component of the competition score

Research activities


Third component of the competition score

Motivation letter and online interview



Tuition fee

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

Full-time studies 3989 €
Price per credit 66,48 €
Foreign nationals with Lithuanian origins and EU citizens
Full-time studies 3989 €
Price per credit 66,48 €
Partial tuition fee waiver can be applied for the study price.


Financial support






Subjects of the study programme by semesters


Consolidated accounting – financial statements, parent company and subsidiary
Audit – independent verification, methods, procedures, internal audit
Strategic management accounting – distribution of resources, budget planning, control procedures
Value-based management – concepts, methods, their application for assessment of the company's value
Understanding of International Accounting and Standards Understanding of Theoretical Knowledge of Auditing, Practical Situations and Issues Provision of Information for Management Decisions Evaluation of Business and Assets




Skyrocket into a successful career

Your studies at KTU will provide all of the necessary knowledge and competence that is a necessity for developing as a professional in your career field.

ACCA qualification

This is the only study program in Lithuania that prepares you for the market on a national and international level. Graduates of this program are awarded as many as 7 out of 9 credits by ACCA examinations of the International Association of Professional Accountants.

The demand is really growing

Here’s a statistical fact – according to last year’s data, the employment rate of students who graduated from this program is as high as 96%!

Valuable free time

Lectures are only a fraction of our university life. You will be able to join the ACCA expert discussions, research projects, and participate in all kinds of internships.



Bright and broad career prospects

What will you be able to do?

Apply the accounting methodology into the practical implementation of national and international standards.

Independently solve the problems of international taxation and reduction of financial information asymmetry by applying activity control, risk management, and audit.

Formulate, assess, and prepare organisation management control systems in modern organisations, integrate the latest concepts of accounting, audit, management accounting, intellectual capital, measurement, and management of a company’s value.



You may become

You will plan the financial operations of a company or an organisation, coordinate the accounting processes within a company, and lead your own team of accounting professionals.

As a professional, you’ll be able to create a business that provides a variety of accounting and auditing services for others.

As a senior accountant or financier, you will draw up budgets, manage them, control expenses, provide financial activity reports, and assessments to managers and shareholders. You will also be performing accounting control, budget advisory, assessment of accounting policy, and tax planning issues.

As an audit professional you will review the accuracy of a company’s financial statements, perform risk assessment, and contribute to reducing information asymmetries. As an internal audit specialist, you will ensure control over your organisation’s activities and work on increasing its efficiency.

You will be the one who analyses internal and external accounting data and provides recommendations to a company’s management when making crucial business decisions.



MA+ competences

Master+ is a unique model within a chosen MSc programme

The Master+ model offers either to masterpiece in the chosen discipline by choosing the Field Expert track or to strengthen the interdisciplinary skills in addition to the main discipline by choosing the Interdisciplinary Expert track providing a choice of a different competence to compliment the chosen discipline and achieve a competitive advantage in one’s career.

Students of these study programmes can choose between the path of Field Expert and Interdisciplinary Expert. Selection is made in the academic information system. Each path (competence) consists of three subjects (18 credits) allocated as follows: 1 year 1 semester (autumn) – first subject (6 credits), 1 year 2 semester (spring) – second subject (6 credits), 2 year 3 semester – third subject (6 credits). A student, who chooses a path of the Field Expert, deepens knowledge and strengthens skills in the main field of studies. The one, who chooses a path of the Interdisciplinary Expert, acquires knowledge and skills in a different area or field of studies. Competence provides a choice of alternative additional subjects.

  • Field Expert (profound knowledge and skills in the area, required for solution of scientific research tasks);
  • Interdisciplinary Expert:
    (fields of different knowledge and skills are combined for solution of specific tasks);

Acquisition of the competence is certified by the issue of KTU certificate and entry in the appendix to the Master’s diploma. In addition, students can acquire an international certificate (details are provided next to each competence).

Competences are implemented by KTU lecturers – experts in their area – and high level business and public sector organizations; their employees deliver lectures, submit topics for the student’s theses, placement-oriented tasks for the projects, etc.




Liucija Navickė

Liucija Navickė

Alumnus of Master study programme of Accounting and Auditing, GL Accountant


While studying Accounting and Audit at KTU I have gained valuable knowledge and experience towards IFRS. I believe that the program has a great advantage of being accepted by ACCA because after finishing Master studies there is a great kick to go study ACCA, since, many exams are already passed.
Another valuable advantage is lectures held by professionals from various companies what also gives practical knowledge in the field of accounting and audit.
Overall, I strongly recommend choosing this program for people who seek to become professionals in the field of accounting.

Muhammed İkbal Telli

Muhammed İkbal Telli

2nd year student in Master study programme of Accounting and Auditing


First of all, studying at KTU School of Economics and Business study program of Accounting and Auditing enables you to create a perfect network, relations with different kinds of people. The most important part of our studies is having a guest lecturer for every lecture we have which helps us broaden our knowledge for studies and our network to get more information about job opportunities in Lithuania. When it comes to the relations between students and professors, this surprised me a lot, I don't feel any difference between me and the professor. They really are kind, friendly and nice people. Studying at KTU will definitely help you find what you really want to become.

Nemat Guluzade

Nemat Guluzade

Alumnus of Master study programme of Accounting and Auditing, Accountant at Alter Domus, Malta


Accounting and Auditing programme studies at KTU greatly improved my self-confidence and proficiency. The programme provided me with strong fundamental knowledge of international accounting and auditing, as well as enabled to improve my skills in practice. During the studies I took the opportunity to participate in Erasmus+ programme internship – as a part of my studies I worked as an accounting intern in Malta at Chetcuti Cauchi company.

Ingrida Šimonytė

Ingrida Šimonytė

Member of the Parlament of Lithuanian Republic, Former Minister of Finance


Who else could tell us – owners and employees, investors and creditors, state and citizens – how things are, if not accounting specialists? And who could confirm that what is said by accounting specialists is true, if not auditors? Both of these professions are vertebra of market economy, they provide the most significant resource – information, required for decision-making.

Gintarė Venckaitytė

Gintarė Venckaitytė

Alumnus of Master study programme of Accounting and Auditing, Assurance Associate at PwC Lithuania


I have a very positive approach towards studies of Audit and accounting in KTU. During the lectures, we performed many challenging and practical assignments. I acquired valuable skills, deepened my knowledge of accounting, and acquired basic knowledge of audit; that was useful in my professional career.