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Economics and Investment
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Summary of the Profile
General Description: Objective(s) of a study programme: To prepare qualified specialists in Economics meeting the needs of the labor market, who can apply economic and investment knowledge and modern research methods in solving theoretical and practical economic problems arising at the organization or country level; critically evaluate and creatively apply quantitative and qualitative information needed to support economic and investment decisions. Learning outcomes: Generic competencies developed: Ability constructively communicate with professionals and members of society while solving professional issues, to present performance results for different audiences, to discuss relevant economic issues in a professional and interdisciplinary environment. To coherently and convincingly express oneself orally and in writing by providing knowledge and understanding to professionals in Lithuanian and at least one of the major languages used worldwide. To take responsibility for one’s own and subordinates’ activities and quality of work, use professional ethics and social responsibility principles while evaluating and making decisions. Ability to base professional activities on the integrated knowledge of economics and other related sciences, social, cultural and ethical values. Ability to ensure continuous improvement in the professional field by independently planning the learning process and updating professional activity skills. Subject specific competencies developed:
Ability to creatively apply scientific knowledge of Economics and other related sciences in interdisciplinary studies and professional career, to analyze and critically evaluate economic and investment processes. Ability to carry out research by creatively and critically applying methods of economics, economic analysis and related sciences methods, based on fundamental and applied research achievements, to formulate conclusions of the analysis; to develop instruments for data collection and ground methods for their analysis, to assess the main economic and business patterns, to see the links between economic processes and their management possibilities. Ability to interpret and apply the results of research while searching for solutions of economic problems, to forecast development trends of economic phenomena in the context of socio-economic policy. Learning outcomes: The study programme of Economics and Investment is intended to prepare highly qualified specialists whose main activity is oriented towards analysis of results of the company’s activity and their changes; the assessment of the usage and efficiency of the resources; decision making that concerns funding, investment and management; planning of macroeconomic policy; formation of international economic relations. Activities of teaching and learning: The studies are implemented using the following methods: lectures, practical training, and working in Moodle environment, individual and group consultations. Integrated and interactive lectures, and methods of discussion help to develop subject knowledge and cognitive skills. Also, when applying the strategy of communication and collaboration, the following methods are used: conducting group research or solving problem tasks, working in groups, discussing, debating, etc. Practical and transferable skills in the programme are developed by focusing on independent learning and forming skills for lifelong learning. The studies are focused on the ability to perform research work, to critically evaluate presented information, to identify the problems and to solve them by using methods of economic analysis, and to perform independently applied research. Learning (teaching) is based on problem-solving, analysis of scientific articles, and performing practical tasks. The results of independent work are introduced to the colleagues involving them in the process of the evaluation of results. To develop practical skills imitational models are used. Methods of assessment of learning achievements: The following methods of assessment are used: the system of individual cumulative evaluation, clear criteria for the evaluation of knowledge and skills; and collegial evaluation of the final thesis. Study results are evaluated as follows: exam, reports, written assignment, (practical/research work, paper, scientific article, etc.), case analysis, colloquium, presentation. Framework: Study subjects (modules), practical training: The Programme comprises individual study subjects and study field subjects. Individual study subjects cover 45 ECTS, which can be selected from the list provided. During studies of individual subjects, a student obtains knowledge and abilities needed for critical perception of research theories, and development of general erudition. The knowledge is oriented
towards the formation of a broad worldview personality and develops logical analytical thinking. The subjects of the study field are dedicated to obtaining knowledge and abilities reflecting contemporary topicalities of economic performance. Having attended these subjects, students gain the abilities required in the management of contemporary economic processes under conditions of a dynamic and constantly changing environment. Throughout the Programme, study subjects are distributed in a way that students rationally blend the theoretical economic background required to perceive the essence of economic phenomena at micro and macroeconomic levels with practical cognition of economic processes. Subjects of the field of studies make 165 credits, of which 15 credits are allocated for practice and 15 credits – for the final thesis. Specialisations: - Optional courses: To enhance their competencies or to pursue additional competencies, students may select modules each semester (from the second semester onwards) from a selection of individual study subjects. These modules constitute a portion of their studies that is freely chosen by the student. Courses in the main field of study, courses in other fields of study, subjects in foreign languages, courses in general university studies, and cross-disciplinary subjects may be taken at the Faculty of Study or at other units of the University. Distinctive features of a study programme: The aim of the study program and the expected study results are focused on the training of a broad-profile economics specialist. The study results are formulated by emphasizing the formation of essential competencies necessary for holding the position of an economist or close/related positions in various private and public sector companies and organizations: creation and development of international business, evaluation of development in foreign markets, economic calculations and data analysis (Big data, Cloud computing), financial and investment solutions, FinTech and cryptocurrency analysis, preparation and justification of investment projects, green economy trends. The study results reflect the changing economic and business conditions, especially the specifics of business enterprises in the Northern Lithuania region dominated by small and medium-sized enterprises, which need a wide range of economic specialists. Students can choose a study program in Lithuanian or English. Opportunity to study or do internships under Erasmus+ and other student exchange programs at universities and companies abroad. Access to professional activity or further study: Access to professional activity: Graduates will be prepared for independent work in positions requiring the general competencies of an economist (consultant, specialist, analyst and manager of economics, investment, finance, sales and similar profiles) in private and public sector companies and organizations. Access to further study: Graduates can choose Master studies of social sciences.
