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Business and Law
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Summary of the Profile
General Description:
Objective(s) of a study programme:
To prepare highly qualified specialists knowledgeable in business and management, and with special legal knowledge, who are able to think conceptually, identify and solve various business regulation problems, creatively apply business administration and legal norms by providing professional consultations on various business issues and, by using professional thinking and integral scientific knowledge, able to make innovative solutions that increase competitive advantage and the value of companies.
Learning outcomes:
General competencies and learning outcomes:
1. Analytical and critical thinking: ability to analyse, see connections and evaluate information objectively and ethically
1.1 Will acquire the necessary business management and legal knowledge to understand and be able to analyse the ongoing processes in the development of added value and a business-friendly legal environment;
1.2 Will be able to apply creativity in the planning and organisation of business system elements; will be able to think critically in identifying, assessing and developing a range of business opportunities in the light of the changes in the economic and legal system and globalisation;
1.3 Will be able to apply legal norms to justify business organisation and administration decisions;
1.4 Will be able to model specific situations using mathematical methods.
2. Independence, learning and planning of professional career and development of personal skills
2.1 Will be able to independently collect, analyse general and special knowledge in the field of study, make decisions on the possibilities of their professional application.
2.2 Will be able to apply the acquired business administration and special legal knowledge, independently plan and find optimal solutions.
3. Communication skills: ability to communicate orally and in writing in the native and foreign languages
3.1 Will be able to pass knowledge to professional and non-professional audiences 3.2 Will be able to present reasoned, argumentative and fluent opinion, critically and logically present their ideas.
4. Interpersonal skills: ability of working in a group based on common human values
4.1 Will be able to demonstrate personal initiative, work in a team, plan time and organise their own and team work.
4.2 Will be able to administer essential business and management processes, manage them, take responsibility.
Subject-specific competencies and learning outcomes:
5. Fundamental knowledge of management and business administration and law: understanding of the scientific discipline
5.1 Will know the basic paradigms and concepts of management and business administration. Gain fundamental knowledge of various social, business systems and business processes.
5.2 Will know the main theories, paradigms, concepts of legal science
5.3 Will know the essential and latest trends in management and business and law in a modern context
6. Competencies for carrying out research activities: knowledge of research methods and their application in professional performance
6.1 Will know the application of research methods to solve business administration and legal challenges. Will be able to raise and reveal hypotheses, formulate research objectives and tasks. Will be able to independently analyse and select research methods for analysing and evaluating business systems and socioeconomic phenomena in a constantly changing national and international environment.
6.2 Will be able to identify problems in business systems using appropriate, social, statistical, mathematical research methods and to record, select, analyse, summarize data from various sources and select the appropriate solution to the problem based on the acquired knowledge.
6.3 Will be able to integrate knowledge of different fields of science - management, business and law - in independent research (interdisciplinary thinking).
6.4 Will know how to solve optimisation problems using mathematical models, will interpret the obtained results.
7. Competencies in the application of knowledge and skills in professional performance
7.1 Will be able to analyse and apply the knowledge of theory in work practice - will acquire knowledge in management and business administration, legal knowledge on the basis of it will develop organisational and entrepreneurial skills necessary to establish, manage or develop business enterprises and their units.
7.2 Will gain special knowledge about the core of management and business
administration, legal systems, the establishment of companies and the regularities of the development of business relations, the reasons for their change, the creation of the value chain, models, and the peculiarities of risk management in different business enterprises.
7.3 Will understand and be able to independently analyse the changes in the
business environment, design and model business, identify, critically evaluate the processes taking place in the business enterprise by taking into account the economic development trends, changes in the legal environment.
7.4 Will be able to generate business ideas, anticipate or improve business
strategy, create or participate in business projects. Will be able to research the possibilities of acquisition and rational use of resources, assess the company's business, operational and operational risks in order to adapt to market and consumer requirements.
8. Competencies in ethical performance: professional behaviour in relation to professionals in other fields and different cultures
8.1 Will be able to politely and objectively analyse, evaluate significant data and formulate conclusions with arguments.
8.2 Will be able to communicate ethically and tolerantly, develop relationships with business partners and consumers, take into account cultural differences and conditions for integration into other countries' business systems.
Activities of teaching and learning:
Methods of assessment of learning achievements:
Framework:
Study subjects (modules), practical training:
Major study field units:
Economic Theory I (Microeconomics), Economic Theory II (Microeconomics), Information Technology, Basics of Accounting, Business Statistics, Economic Theory (Macroeconomics), Entrepreneurship, Management, Social Responsibility and Ethics of Organisations, History of Economic Thought, Financial Analysis, Business Operations Management, Personnel Management, Project Management, Business Strategies, Fundamentals of Corporate Finance, Marketing, Business Risk Management, Labour and Social Security Law, Research Work (project), Management Accounting, Quality Management, Internship (15 credits), Bachelor’s Thesis (15 credits).
Major study field elective units:
Logistics, Fundamentals of Business Negotiation and Psychology, Population and Economic Development, Company Budget Management, Consumer Behaviour, Global Business
Other study field units:
Introduction to the Legal Framework, Introduction to Legal Institutions and Economic Analysis of Law, Business Mathematics, Business English C1, Civil Law: General Part, Law of Obligations: General Part, Law of Obligations: Contract Law and Tort Law, Tax Law, Legal Forms of Economic Activity and Company Law, Legal Liability for Infringements of Economic Activities, Legal Regulation of Financial Markets, Legal Means of Resolving Disputes, Intellectual Property.
Other study field elective units:
Public Procurement Law, Enforcement of Rights in Rem and Obligations, State Regulation of Economic Activities, Corruption Control and Prevention, Economic Criminal Law.
Elective general university studies units – 15 credits.
Specialisations:
Optional courses:
In the 4th and 5th semesters, students choose one subject out of three (in the 4th semester – Logistics, Fundamentals of Business Negotiation and Psychology, Population and Economic Development; in the 5th semester - Public Procurement Law, Enforcement of Rights in Rem and Obligations, State Regulation of Economic Activities).
In the 1st, 2nd and 3rd semesters, students choose one GUS from the list of GUS of Vilnius University (vu.lt/en).
In the 6th semester, students choose one subject out of three (Company Budget Management, Consumer Behaviour, Global Business).
In the 7th semester, students choose one subject out of two (Corruption Control and Prevention, Economic Criminal Law).
Distinctive features of a study programme:
Access to professional activity or further study:
Access to professional activity:
Graduates of the programme can work both in private and public sectors: in law firms of advocates and bailiffs, in the offices of lawyers and insolvency administrators, in private businesses, state, public or budgetary institutions.
Access to further study:
Graduates can further pursue their studies in Master‘s programmes in such areas as economics, business and management. They are also eligible to enrol in postgraduate law studies after additional studies.
