Vytautas Magnus university Faculty of Economics and Management – well known business school all over the world. FEM is in the list of 1000 of the best higher education business schools. In 2015 the Faculty was evaluated as excellent business school by Eduniversal – international business ranking. FEM got 3 Palmes, which means that faculty is nationally strong and align with other 700 best business schools in the world.

The VMU Faculty of Economics and Management is one of the best internationally acclaimed schools of economics and management in Lithuania. The international network of higher education schools EDUNIVERSAL has evaluated 7000 universities around the world and selected 1000 of them as providers of the best studies of business administration and management.

The faculty offers studies at three levels – Bachelor’s, Master’s and doctoral – while the study programmes pull in the brightest Lithuanian high school graduates. Also functioning at the faculty is the Business Consulting and Continuous Education Centre, which also accepts admissions to various learning programmes, ranging from short specialized courses to Master’s degree studies of management and administration.


  • approx. 1500 students
  • approx. 50 teachers and research fellows

Exchange Oppurtunities

One-semester studies at the universities in Belgium, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Luxembourg, Latvia, Norway, Poland, Portugal, Slovenia, Spain, Turkey by Erasmus+ exchange programme and by VMU Bilateral collaborative agreements. Two-semester studies at one of the member universities of Campus Europae. Students may gain practical experience by making use of Erasmus work placement program in enterprises and organisations in all EU countries as well as in Island, Norway, Lichtenstein, Turkey and Switzerland.

14.02.2013 Prof. Pierre Semal received the VMU Honorary Doctor honorary regalia

17.11.2013 Secretary – General og United Nations Ban Ki-moon recieved  the VMU Honorary Doctor honorary regalia.