• Application Deadline
  • 48 months
    Duration
The study programme in Financial Engineering offered at Vilnius Gediminas Technical University aims to prepare Bachelors of finance with a variety of modern knowledge about the financial systems and markets. Graduates will have knowledge of financial theory and practice in forming, evaluating and independently making effective financial decisions, based on critical and constructive thinking.
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Overview

Graduates of Financial Engineering course at Vilnius Gediminas Technical University will be able to integrate and apply the knowledge of financial theory, financial process management and financial engineering and make effective financial decisions in global economics.

What will students learn?
  • To process financial information, to analyse and evaluate it.
  • To understand financial and investment principles.
  • To apply accounting, management accounting, investment, risk and personal financial management skills.
  • Develop and evaluate possible financial decisions alternatives in making effective and informed management decisions. Will be able to objectively evaluate quantitative and qualitative financial processes.
  • Identify and forecast financial results, make decisions under uncertainty in creating, developing and increasing the value of the business.
Exchange period abroad?

Faculty of Business Management offers excellent opportunities for all students wishing to study at a foreign partner universities. Currently, the faculty have more than 120 contracts with Universities in 23 European countries, bilateral agreements with American, Asian universities, which include more than 150 seats for exchange students every year.

Students have up to 12 months Erasmus+ scholarship limits for study and placements abroad. Placements can be found independently or with the faculty partners. Advantages of international experience - intercultural experience, professional qualification, international CV, a record in the Diploma Supplement, new study work methods and practical knowledge, foreign language professional development and networking.

What about career opportunities after studies?

Upon completion of the study programme students can successfully work as accountants or financial analysts in national and international financial institutions, companies, organizations, financial intermediaries, public finance departments, the State Tax Inspectorate, Ministry of Finance, banks, insurance companies, brokerage firms, leasing companies, credit unions or investment funds.

Detailed Programme Facts

Programme Structure

Courses include:
  • Financial theories
  • Fundamentals of business
  • Micro and macro economics
  • Accounting and auditing
  • Marketing
  • Econometrics
  • Corporate Finance
  • Project management and evaluation
  • Entrepreneurship

English Language Requirements

  • Minimum required score:

    5.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

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  • Minimum required score:

    70

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

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  • Minimum required score:

    510

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

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General Requirements

  • Applicants information in the application system;
  • Certificate of Education (Secondary/ Undergraduate degree, etc) including Grades;
  • Curriculum Vitae;
  • English proficiency certificate;
  • A Copy of Passport;
Documents needed after acceptance:
  • Medical Certificate (including AIDS test);
  • Certificate from a foreign bank and notarized letter of guarantee from parents/sponsors along with a document about their financial abilities (present to Lithuania Embassy).
  • Non conviction/Police Clearance certificate from countries of residence in last two years (needed for TRP application).

Tuition Fee

  • International

    2700 EUR/year
    Tuition Fee
    Based on the original amount of 2700 EUR per year and a duration of 48 months.
  • EU/EEA

    1466 EUR/year
    Tuition Fee
    Based on the original amount of 1466 EUR per year and a duration of 48 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Vilnius

  • 490 - 860 EUR/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

VGTU offers tuition fee free places for Bachelor's and Master's degree studies in academic year 2019-2020! 

Best International students applying to the first year of Bachelor’s degree studies at VGTU can be awarded a scholarship (tuition fee free place) for the academic year 2019-2020. Students can submit their applications until 1st of June, 2019.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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