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Summary of the Profile
General Description:
Objective(s) of a study programme:
The study programme Applied Systems of Finance and Accounting aims at the preparation of the specialists who will be able to understand and analyse financial processes, financial management and accounting principles and able to implement information technologies for gathering, processing and analysing financial data as well as managing financial processes in business environment.
Learning outcomes:
The graduate is able to: know the methods and functions of business management, the principles of business organisations, the forms of business property organisations and the legal aspects of business development and find financially reasonable solutions; know economic theories; understand the behaviour of market participants, the processes of accounting of business operations; understand the process of accounting, the principles and structure of financial accounts, tax system and the principles of taxation; know the characteristics of financial systems, currency and capital market, the specificity of private and enterprise finance, the advantages and disadvantages of financial instruments; perform a financial analysis of an enterprise, prognose the indicators of its activity and manage its finance; prepare an enterprise’s financial accounts, be ready to perform audit tests, keep records and calculate taxes; identify financial risks, manage investment portfolios; know the processing technologies of an enterprise’s information and their implementation, the architecture of financial IS, the IS of marketing and management; design personal learning and study, co-ordinate individual activity with that of team members, critically evaluate personal contribution with regard to common activities and achieved results; analyse and systematise financial information; offer problem solutions matching the alternating environment; lead and motivate the employees; constructively and ethically communicate in an international environment with the representatives of various cultures.
Activities of teaching and learning:
The studies are student-oriented.
In the study programme Applied Systems of Finance and Accounting, general and special competences are developed during lectures, seminars and by the preparation of reports, by research performance and presentation, during internship and preparation of the final Bachelor Thesis. Beside individual work, distance learning and carrying research on an individually chosen topic, team work, discussions and leading the team are encouraged.
Methods of assessment of learning achievements:
All the courses are evaluated by applying cumulative assessment. The following methods of assessment are employed: colloquium, individual task, laboratory work, laboratory work defense, individual analysis of systems, test, case study, report, team work and presentation.
Framework:
Study subjects (modules), practical training:
The study programme Applied Systems of Finance and Accounting (240 credits) has been worked out on the basis of the following principle: each semester the students study the courses in finance, accounting, informatics, foreign languages and general courses; from the third year the students have an opportunity to select the field of their specialisation – in Semester 5, Semester 6 and Semester 7 they are able to choose one of the offered optional courses (in finance or accounting). This way, a favourable opportunity to acquire deeper knowledge and relate the future career prospects either with finance or accounting is afforded. During the last semester professional internship and writing the final thesis are provided.
Internship is provided in individually chosen or recommended enterprises.
Optional courses:
The students may choose general university courses from a special list (Semester 2, Semester 3, Semester 4).
In Semester 5, Semester 6 and Semester 7 they may choose one of the two optional courses (finance or accounting). This way, a favourable opportunity to acquire deeper knowledge and relate the future career prospects either with finance or accounting is afforded.
Distinctive features of a study programme:
The study programme Applied Systems of Finance and Accounting is distinguished by several aspects:
a) deeper studies in the field of finance are offered;
b) the trained specialists are able to work as finance and accounting professionals without an additional preparation;
c) the trained specialists demonstrate high competences in informatics and Scandinavian language(s).
Access to professional activity or further study:
Access to professional activity:
The graduate is able to work both in Lithuanian and foreign non-financial (e.g. joint stock companies) and financial institutions: banks, finance broker service enterprises, investment companies, insurance companies in the following positions: accountant general, general financier, auditor assistant, finance director, finance analyst, finance broker, business and private finance consultant, bank manager, credit risk appraiser, specialist in financial service centres; financial investment analyst.
Access to further study:
Graduates can continue their studies in the fields of social sciences (economics), business and public administration, and information sciences master programmes.
