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Business Economics

During your studies, you’ll not only gain theoretical knowledge of business, but also practical skills that can be applied to real-world business development. You will develop critical thinking, financial analysis and strategic management skills developed in close collaboration with business. Business Economics graduates become professionals capable of making decisions that ensure the competitiveness and growth of businesses in local and international markets.

in Lithuanian

Programme values

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Valued by industry leaders

You will gain competencies in economic analysis, data insights and strategic decision-making, which are highly valued by business leaders. Graduates of the programme become highly skilled professionals, able to analyse market developments, forecast economic trends and develop sustainable business solutions. 

The modern “Young-Lab” space at KTU is designed for lectures and creative discussions – recently renovated, it features innovative design tailored for contemporary academic needs. It’s where theory turns into inspiring, practical knowledge application.
Inspiring learning environment

Thanks to advanced research tools, you will solve business economics problems, make predictions and test the feasibility of solutions in local or international markets.

A student team collaborates on a task – part of KTU’s advanced study programs where learning happens through cooperation and solving real-world challenges.
Real-world cases

Alongside your studies, you will gain a Bloomberg Market Concepts Smart Certificate. This will not only give you valuable hands-on experience but also help you get a foothold in a global job market where top-level data analytics skills are highly valued.

Students studying using computers – a flexible academic environment that supports remote learning and self-paced study. KTU accommodates diverse learning styles.
New Freedom to shape your path

During your studies, you will have the opportunity to go on Erasmus+ part-time study for 1-2 semesters. The programme lasts only 1.5 years and is delivered remotely; therefore, you can study from virtually anywhere. You can fit your schedule around your work, as the classes are taking place on Friday evenings and Saturdays.

Career opportunities

Graduates of the MSc in Business Economics work in a wide range of fields that require analytical thinking, an understanding of economic principles and the ability to make strategic business decisions. They analyse economic and business trends, assess market dynamics, formulate forecasts and make recommendations to organisations for decision making. They may also be involved in the development and implementation of business strategies, helping to identify new opportunities and optimise business processes. Working in finance, preparing budgets, assessing return on investment, analysing financial indicators and contributing to the achievement of long-term financial objectives. Managing companies or divisions, building their businesses or start-ups.

Here are some of the careers you can pursue after your studies:

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Economic and Business Analyst

Analyses economic and business data to identify market trends, opportunities and risks. Forecasts, evaluates business performance and provides insight for strategic decisions. Often works with large volumes of data, using analytical tools and business process optimisation models.

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Business Development Manager

Responsible for growing the business and identifying new opportunities. Identifies potential market segments, develops partnerships, generates new ideas and initiates strategic projects. Also manages long-term customer relationships and ensures the company’s growth direction.

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Business Owner or Start-up Founder

Creating and running your own business or start-up. Generates ideas, plans activities, seeks funding and organises business processes from scratch. Responsible for strategic decision-making, product or service design and development, as well as risk management and profitability.

Admission requirements and programme structure

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Cyclesecond cycle
A document icon refers to the field of study – such as engineering, technology, business, and more.
Field – economics
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Form, duration full-time studies (1,5 yr.)
A location pin icon marks the place where the study programme is delivered – within a top-rated university in Lithuania.
Location – Kaunas, School of Economics and Business
A speech bubble icon represents the language of instruction – often English for international, top-rated study programmes.
Language – lithuanian
A graduation cap icon represents the degree awarded upon completion – bachelor’s, master’s, or doctoral qualification from a top university in Lithuania.
Degree awarded – master of social sciences
An icon with the euro symbol shows the annual tuition fee – clearly presenting the cost of investing in quality education.
Yearly price i : full-time studies – 4606 €, price per credit – 76,77 €

Semester

Module name Credits Method of organisation
Business Environment Forecasting 10 Distance learning
Business Regulation 5 Distance learning
Development Economics 5 Distance learning
Economic Valuation of Innovations 5 Distance learning
Strategic Management 5 Distance learning
Module name Credits Method of organisation
Industrial Economics 5 Distance learning
International Economics and Trade 10 Distance learning
Scientific Research Methodology 5 Distance learning
Strategic Finance Management 5 Distance learning

Electives (Select 5 cr.)

European Competitiveness Economics 5 Distance learning
International Tax Policy 5 Blended learning
Module name Credits Method of organisation
Master’s Degree Final Project 30 Blended learning
Good to know
  • Module – a part of a study programme consisting of several related topics.
  • Credit – a unit of the volume of a study module in hours.
  • Distance – almost all learning online.
  • Module – a part of a study programme consisting of several related topics.
  • Credit – a unit of the volume of a study module in hours.
  • Blended – learning on the university premises and online.
  • Distance – almost all learning online.
  • Module – a part of a study programme consisting of several related topics.
  • Credit – a unit of the volume of a study module in hours.
  • Blended – learning on the university premises and online.

The programme is only conducted in Lithuanian language. Entry requirements for this particular programme can be found in the programme description provided in Lithuanian language.

in Lithuanian

Testimonials

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The logical thinking developed in this programme helps one understand tasks at work or solve real-life problems faster. We apply our strategic knowledge in a business environment, by playing simulation games. These studies are useful not only for those who want to set up and run their own business more efficiently, but also for those who want to understand how decisions are made in companies.

Domantas Laskis
1st year student
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I have a management job, so I wanted to understand whether the many seminars I have had on the subject are the same as or different from the information in my studies. And if they differ, to assess whether we are choosing the right training within the company. I am satisfied with the MSc in Business Economics, and I was surprised by the high quality of the studies. The programme lasts 1.5 years and it was not difficult to combine studies with work.

Tomas Bružas
KTU alumna, Deputy Director, Gitana
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Business economists are in high demand in large companies where decisions are based on data, economic insights and market analysis. KTU is distinguished by its strong integration of practice and theory and close cooperation with business leaders. This means that students already acquire relevant business analytics, economic forecasting and strategic management skills during their studies, which they can immediately apply at work.

Vytautas Bučinskas
Head of Business Assurance, Resilience and Sustainability, Telia

International mobility partners

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FAQ

This programme is taught exclusively in Lithuanian, which means that students must be proficient in the language for all coursework and assessments.

Lectures and seminars are organised on Friday evenings and Saturdays and are delivered remotely.

The Business Economics programme at KTU helps you acquire the skills to analyse global markets, develop strategies for international operations and manage business in the context of different cultures. It focuses on the practical application of economics while developing strategic thinking and innovation management skills to prepare graduates to operate in a global business environment.

 

Contacts

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Talk to us, study with us:
K. Donelaičio St. 73, LT-44249 Kaunas
phone: +370 679 44 555
email studijos@ktu.lt

let's talk

School of Economics and Business
II Chamber
Gedimino St. 50, LT-44239 Kaunas
email evf@ktu.lt

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