Description

Area of Studies: Social Sciences
Faculty: Faculty of Economics and Management
Mode of Studies: Full-time studies
Length of Programme: 2 academic year (120 ECTS)
Name of Qualification: Master in Finance

Access Requirements
Applicants for Finance and Banking programme should have a bachelor or equivalent degree in social sciences. Prerequisite subjects include*: Microeconomics (6 cr.); Macroeconomics (6 cr.); Financial Accounting (6 cr.); Public Finance (6 cr.); Introduction to Banking (6 cr.); Statistics (6 cr.); Econometrics (6 cr.). Applicants to this programme from other universities have to pass the English language profficiency test.
*The programme of complementary studies (12-18 ECTS) is proposed for the students who did not take the prerequisite subjects. The programme of complementary studies is completed together with bachelor students during the first two semesters.

Programme Objectives and Competencies Acquired
To train qualified specialists in finance and banking – Masters 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.

Competences acquired:
* Competence to analyze and to evaluate independently and critically the processes, on-going in the overall financial system and in its different sectors - financial markets, banks, other financial institutions.
* Competence to apply classical and modern financial theories and to understand the possibilities and limitations of their application.
* Competence to apply modern financial management instruments and methods in practice.
* Competence to analyze the influence of financial information flows to the environment, its' players and enterprise and to to make the decisions on the formation of financial information flows.
* Competence to make the decisions on the management of financial resources in various business firms and institutions.
* Competence to apply the financial risk management methods and tools in practice.
* Competence to analyze and to understand the investment environment, to perform evaluation and substantiation of investment projects and economic-financial decisions.
* Competence to understand the processes and the factors influencing strategic finance management decisions and to make the strategic finance management decisions in the firm.
* Competence to investigate the impact of long-term investments, financing, capital structure, shareholders equity decisions to the value of the firm.
* Competence to identify financial ethics and other relevant financial problems and to be able to express the opinion on the subject, to discuss the problem in professional way.

Career Opportunities
Graduates of Finance and Banking 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;
* Instructors, lecturers in economics and finance in Lithuanian universities and colleges.

Graduates of Finance and Banking may continue studies in PhD studies in economics or management.

Subject Areas

• Finance

Cost in US$:

4900 EUR (1225 EUR per semester)

This Program is open to

Worldwide Participants.

Typical Living Arrangements

• Independent living
• Dormitory

Participants Travel

Independently

Typically Participants Work

Independently

Application Process Involves

• Written Application
• Letters of Reference
• Transcript

Vytautas Magnus University's Mission Statement

Vytautas Magnus University has set itself the task of putting people and their personal dignity first, which entails recognition of their achievements and individuality; showing openness to, and toleration of, various cultures and worldviews; achieving leadership positions in research and teaching of the humanities, social sciences, physical sciences, and biomedicine; developing international networks and intercultural communications; fostering international studies in the Lithuanian language; becoming relevant to challenges facing world universities; and promoting novel research and modern teaching. The University is proud of creative and enthusiastic community - students and academics who feel free to communicate as of equal status what allows to cooperate and not only share what they know but also generate new knowledge.

Year Founded

1922