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Business and Law
Language of instruction
Qualification degree and (or) qualification to be awarded
|Bachelor of Business Management
Place of delivery
|Vilnius, Universiteto g. 3
Institution that has carried out assessment
Institution that has performed accreditation, accreditation term
|Studijų kokybės vertinimo centras, 7/1/2021
Data provided or updated (date)
Order on accreditation
|More about programme
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Summary of the Profile
Objective(s) of a study programme:
The objective of the study programme Business and Law is to prepare highly qualified business and management specialists with special knowledge in law who are able to conceptualise, identify, and tackle various business problems, to act ethically in the professional environments of business, management and law; to make well-grounded decisions to increase the competitive advantage and the company value.
Analytical and critical thinking:
Students will acquire the necessary knowledge of business management and law in order to perceive and be able to analyse the undergoing processes, while developing the creation of added economic value and favourable legal environment for business.
Students will be able to creatively plan and organise the activity of business systems; will be able to think critically while assessing and developing various business opportunities in accordance with the trends of economic shifts in the context of globalisation.
Students will be able to apply the legal norms to substantiate the decisions concerning the organising and administration of business; they will be able to model concrete situations while applying mathematical models.
Independence and learning:
Students will be able to independently accumulate and analyse specific knowledge of the study field, as well as to make decisions concerning the opportunities of its professional application.
Students will be able to apply the acquired knowledge of business administration and the specialist knowledge in law, and to plan and find optimal solutions to problems independently.
The students will be able to share expertise with professionals and non-professionals alike.
They will be able to substantiate their arguments, coherently express their points of view, and present their ideas critically and logically.
Students will be able to demonstrate their personal initiative, work in a team, plan their time, and organise the team's work as well as their own.
They will be able to administer essential business and management processes, be in charge of them and take on responsibility.
Fundamental knowledge in the fields of management and business administration as well as law:
Students will learn the main paradigms and conceptions of management and business administration; they will acquire fundamental knowledge concerning various social and business systems and business processes.
They will be aware of the main theories, paradigms, and conceptions in the field of law.
They will develop awareness of the fundamental and latest trends in the fields of management and business as well as law, within the contemporary context.
Performance and research competences:
Students will be aware of the opportunities to apply scientific research methods to deal with business administration and legal tasks; they will be able to formulate and substantiate hypotheses, as well as to set research goals and objectives; they will be able to independently analyse and select appropriate research methods while analysing and assessing the socio-economic phenomena in business systems in the ever-changing domestic and international environment.
Students will be able to identify emerging problems in business systems and apply suitable social, statistical, and mathematical research methods; they will be able to identify, select, analyse, and summarise data from various sources, and on the basis of the acquired knowledge, to choose an adequate solution to the problem.
They will be able to integrate the knowledge of different areas of study – management, business, and law – in order to carry out independent scientific research (inter-disciplinary thinking).
They will learn to apply task optimisation solution methods through mathematical models and to interpret the achieved results.
The competence of the application of knowledge and abilities in professional activity:
Students will be able to analyse and apply theoretical knowledge in the their professional activity – they will acquire knowledge of management and business administration, as well as in law, which will develop their organisational and entrepreneurial skills to set up, lead, and develop business enterprises and their affiliates.
They will acquire specific knowledge about the systems of management, business administration, and law, as well as knowledge of setting up enterprises, the regularities of the development of business networks, the causes of their changes, the creation of value chains, models and the specificity of risk management in various business enterprises.
They will perceive and be able to independently analyse shifts in the business environment and to project and model business, and identify and critically assess processes that take place in a company, taking into account the trends of economic development and shifts in the legal environment.
They will be able to generate entrepreneurial ideas, forecast and develop activity strategy, create or participate in the implementation of business projects; they will be able to research the opportunities to obtain and rationally utilise resources, as well as to assess the company's business, activity, and operational risks in order to adapt to the requirements set by markets and customers.
The competence of ethical activity:
Students will be able to correctly and objectively analyse and assess relevant data, and to substantiate their conclusions.
They will be able to preserve ethics and tolerance in communication, develop ties with business partners and customers, taking into account cultural differences and the conditions of integrating into business systems abroad.
Activities of teaching and learning:
Lectures, seminars, practicals, information search and analysis, practical assignments, the preparation and presentation of individual and group projects, discussions, case studies, and modelling.
Methods of assessment of learning achievements:
Assessment is carried out on a 10-point assessment scale. The main tool of the assessment of the study outcomes is an examination. The following assessment methods of the levels of cognition are applied:
knowledge is assessed by applying the assessment methods of oral and/or written tasks and testing;
understanding is assessed through the assessment methods of narration, presentation, and an essay (an independent assignment in writing);
application is assessed through the methods of testing and/or practicals;
analysis is assessed by applying the methods of project activities (performing independent individual or group assignments), testing, case studies, graphic or other modelling methods;
synthesis is assessed through the assessment methods of the overview of specialist literature and other sources, as well as creating new models;
assessment abilities are assessed by applying the methods of research work, projects (individual or group), case study, presentations, and making reports.
Study subjects (modules), practical training:
The study field subjects make up 165 ECTS:
Economics Theory (micro) I, Business Mathematics, English for Specific Purposes, Economics Theory (micro) II, Information and Communication Technologies, Business Statistics, Economics theory (macro), Fundamentals of Financial Accounting and Analysis, Management, Business Ethics, Econometrics, History of Economic Theories, Business Operation Management, Human Resource Management, Logistics, Population and Economic Growth, Corporate Finance, Project Management, Business Strategies, Financial Services, Quality Management, Marketing, Scientific Research Assignment, Business Risk Management, Consumer Behaviour, Financial Accounting, International Business, Intellectual Property, Final Bachelor Dissertation (15 ECTS), Work Experience (15 ECTS).
Subjects of further specialisation – 60 ECTS: Legal Liability for Economic Offences, Fundamentals of the Legal System, Civil Law: Introduction, Law of Obligations: Introduction, Law of Obligations: Contract Law and Tort Law, Tax Law, Legal Forms of Economic Activity and Company Law, Labour and Social Security Law, Legal Methods of Conflict Resolution, Public Procurement Law, Assurance of Property Law and Obligations, State Regulation of Economic Activity, Economic Criminal Law, Corruption Control and Prevention.
Elective interdisciplinary core subjects (BUS) – 15 ECTS.
In Semesters 1, 2, and 3, students choose one elective subject (each semester) from the list of BUS at Vilnius University at: www.vu.lt
In Semesters 4 and 5, students choose one subject out of three (Semester 4: Logistics, Population and Economic Growth, or Financial Mathematics; Semester 5: Public Procurement Law, Assurance of Property Law and Obligations, or State Regulation of Economic Activity).
In Semesters 6 and 7, students choose one subject each semester (Semester 6: Business Risk Management, Consumer Behaviour, or Financial Accounting; Semester 7: Corruption Control and Prevention, or Economic Criminal Law).
The students who previously had not studied English choose to study another foreign language instead of English for Specific Purposes.
Distinctive features of a study programme:
The programme integrates the cognition of economics, management, business administration, and the law regulating the business environment, which is indispensable to contemporary business management.
Access to professional activity or further study:
Access to professional activity:
Graduates are eligible for work opportunities both in the private and public sectors: in law or bailiff offices, at law or bankruptcy administration firms, or in business, state, public, or budgetary enterprises. The skills acquired by the graduates will be in great demand and advantageous for private sector companies, especially those which will need or provide the services of business or activity process management, reorganisation, optimisation, economic expertise and analysis, debt administration, and other similar services.
Access to further study:
Graduates can continue their studies in various Master's programmes in the fields of economics, or business and management, and after additional studies, are eligible to enrol in the second cycle of studies of law.