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Business Economics
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Summary of the Profile
General Description:
Objective(s) of a study programme:
Programme aim – to train high quality professional bachelors in economics, who are able to process and evaluate economical information, to identify business entity’s economic issues and justify their decisions and make suggestions for improvement of the global and constantly changing business environment. The Programme aim meets the strategic goals of VK: to provide high quality, flexible and modern studies, oriented into expectations of students, encouraging independent life – long learning, critical thinking, meeting to the needs of labour market and ensuring students’ career opportunities
Learning outcomes:
1. To know the basic economic concepts, principles, theories and to be able to apply them in practical activities of an economist. 2. To know the methods of economic analysis and research and apply modern forecasting models. 3. To perform empirical study which is orientated into business entity’s activities, using modern information technologies and economic information systems. 4. To formulate economic analysis conclusions, to find and prove the solutions to common problems based on the business entity. 5. To collect, systematize and evaluate the economic information, using a range of methods of analysis, in accordance with the principle of confidentiality. 6. To analyses and evaluate the entity’s environment internal and external economic processes and events. 7. To evaluate business entity‘s economical, financial and investment activities. 8. To plan, organize and carry out economic, financial, investment and social responsibility activities of a sustainable business or its division. 9. To provide suggestions on the issues of improvement of economic activity and economic substantiation of innovations. 10. To communicate in writing and orally, by conveying the professional knowledge in Lithuanian and in a foreign language. 11. To collaborate, work in a team, taking responsibility for one’s own and the team's activities. 12. To make decisions based on their impact on society, economic, cultural development, well-being and the environment. 13. To critically evaluate and reflect on one’s own activities, understand the importance of lifelong learning.
Activities of teaching and learning:
Lecture, discussion, problem teaching, negotiation, heuristic conversation, mind map, portfolio method, group work, brainstorm, individual work, team work, task solving and analysis, modelling situations, project, case study, role play games, seminar, Venn diagram, M scheme, training and professional activity practice, business simulation.
Methods of assessment of learning achievements:
Evaluation of the programme learning outcomes is performed applying the cumulative assessment during the entire semester and exam session. Methods of assessment of learning outcomes: test, individual work, evaluation of situation analysis, team work evaluation, European language portfolio, project, exam, business plan, practice report, final thesis presentation
Framework:
Study subjects (modules), practical training:
General college study subjects (16 credits): Business Foreign (English, German, French) Language I, Business Foreign (English, German, French) Language II, Work and Civil Security, Research work organization. Study field subjects (118 credits): Business Informatics, Business Models, Applied Mathematics, Microeconomics, Business Law, Business Ethics ans Social Responsibility, Economic Statistics, Macroeconomics, Management, Business Solution Mathematical Models, Enterprise Economics I, Enterprise Economics II, Financial Accounting, Finance Management, Marketing, Business Tax, Business Communication, Financial Markets, Data Analysis with Power BI, International Economics, Business Processes, Business planning, Econometrics, Economics of Investments and Innovation, Analysis of Enterprise Activity, Final thesis (Project). Practices (36 credits): Professional Activity Practice: Enterprise performance modelling, Final Professional Activity Practice.
Specialisations:
Optional courses:
Elective subjects (10 credits): Students can choose from a list of electives offered by the college.
Distinctive features of a study programme:
The Programme is oriented into the issues of economic analysis and justification of a specific business entity or its division economic, financial and investment performance. It is relevant for making management decisions to every small or big business entity. The program integrates knowledge of economics and management sciences. Future economists develop practical skills of processing economic data, empirical research, analysis and evaluation of business entity's economic, financial and investment activity, as well as business entity planning, organizing and managing competences
Access to professional activity or further study:
Access to professional activity:
Having acquired the degree the person is competent to work as an economist, analyst, project manager and perform other related job activities in different business entities, financial or investment companies as well as in the institutions of local and municipal administration, budgetary organizations or to establish and run own business.
Access to further study:
Graduates can continue studies in Lithuania and foreign universities in a field of social sciences, business, management, finance, economics and financial accounting study programmes.
