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Business and Finance
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Summary of the Profile
General Description:
Objective(s) of a study programme:
Prepare highly skilled business finance professionals with an entrepreneurial mindset, able to compete in the global business environment, proficient in the application of multi-disciplinary and integrated management skills in the development process of appropriate funding models for the business of varied activities and ready to independently expand acquired knowledge and improve skills.
Learning outcomes:
Graduates are able to identify, analyse and provide solutions to theoretical and practical problems pertinent to the organization and management of finances; are capable of the assessment of the financial and economic processes existent in business, identification of the risk factors which might have a certain impact on the performance results of a company; are able to choose appropriate business financing models, have the skill to assess the financial situation and performance results of a business enterprise and identify the causes of changes; are able to value investment decisions, obtaining and managing resources with effcient allocation, are able to maximize the value of the business to its owners in a sustainable way, independently create and develop a business, generate innovative solutions and ideas, forecast the company's financial results, draw up budgets, control their execution, make investment, business development , mergers and acquisitions, sales or liquidation decisions.
Activities of teaching and learning:
The principles of teaching, learning and assessment system are implemented by the application of the following forms of study and evaluation: lectures, seminars, workshops, individual work, case studies, reports, written papers (essays), business challenges (according to Challenge based learning), exams.
Methods of assessment of learning achievements:
The main form of evaluation is an examination. However, courses units may be evaluated by the pass/fail evaluation as well. Moreover, some courses units may be assessed by project preparation or presentation. Every course unit is concluded with either a written or written-oral examination, project presentation or pass/fail evaluation. Student's knowledge and general performance during the exam and project preparation are evaluated using grading scale from 1 (very poor) to 10 (excellent), or by pass or fail evaluation in the cases when pass/fail evaluation is foreseen as a final evaluation of the course unit.
Framework:
Study subjects (modules), practical training:
Study programme core courses: Fundamentals of Finance, Fundamentals of Entrepreneurship, Business Analysis Methods, Entrepreneurship, Economics, Business Law and Control, Fundamentals of Accounting, Corporate Governance, Financial Risk and Analysis, Business Research and Digital Solutions, Company Management, Business Communication, Financial and Investment Management, Internship, Bachelor Theses.
Specialisations:
None
Optional courses:
Students will be able to choose from such study subjects as: Personal and employer image formation, Innovation, Leadership, Psychological features of personal financial decisions, FinTech, Emerging markets, International finance and crises, Family business, Social entrepreneurship, Service business.
Distinctive features of a study programme:
The Programme is orientated towards the business finance sphere. It develops aggregated and complex knowledge and skills of business finance indispensible for the enhancement and application of business finance competencies. It is noteworthy that the Business Finance Programme aims at integrated business competences, i. e. the proficiency in business finances is matched to managerial and innovative skills.
Access to professional activity or further study:
Access to professional activity:
The activities of specialist in business finances are orientated towards analysing, planning, forecasting, money flow control, assessment of investment possibilities, budgeting, proposal submittal to the governing body of an enterprise; a graduate can work as the head or a deputy head of Lithuanian and international business companies, establish and run a private business, specialize in the positions of analyst, appraiser, financier, manage the company's finance department.
Access to further study:
Graduates are able to continue studies for Master's degree in the field of management or economics.