Admissions are open to candidates with diverse educational backgrounds and work experience. You can apply if you are:
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Graduates holding a Bachelor’s degree in the same or a closely related field*; |
Graduates holding a Bachelor’s degree in another field |
Graduates of colleges (Professional Bachelor’s degree) |
| Requirements |
– |
You must meet at least one of the following requirements:
– completed minor studies in the relevant field (for VMU graduates);
– completed supplementary studies in the relevant field (for VMU, other universities, and college graduates);
– have at least one year of related practical experience;
– previously obtained a Master’s degree in another field. |
| Competitive admission score |
K = 0.7A + 0.3B
where A is the weighted average of all course grades listed in the Bachelor’s diploma supplement;
B is the Bachelor’s final thesis grade. |
K = 0.4A + 0.3B + 0.3C
where A is the weighted average of all course grades listed in the Bachelor’s diploma supplement (excluding supplementary/minor studies course grades);
B is the Bachelor’s final thesis or final exam grade;
C is the weighted average of supplementary/minor studies course grades. |
Admission to state-funded and non-state-funded Graduate Studies takes place during the main admission stage. After the main stage, if places remain available, a second and an additional admission stage may be announced.
If you do not yet have your graduation diploma by the end of the Graduate Studies admission stage, it is enough to submit an official academic transcript/certificate.
More detailed information about admission deadlines: admission stages.
Graduate Studies students can take advantage of international study, internship, and short-term course opportunities abroad:
- “Erasmus+” studies (EU/EEA countries)
- VMU bilateral exchanges and “Erasmus+” studies (non-EU/EEA countries)
- “Erasmus+” traineeships (worldwide)
- Traineeships with a VMU mobility scholarship (non-EU/EEA countries)
- Short-term courses abroad
More about international opportunities here.
Double degree studies are delivered together with partner universities abroad. In the first academic year, studies take place in Lithuania; in the second year, students go to the partner university. An additional selection process applies for double degree studies.
Benefits of double degree studies
- Knowledge gained from two universities in two different countries;
- Improved English proficiency;
- Two higher education diplomas from two different countries;
- International experience valued by employers;
- A clear advantage in the job market due to a double degree;
- An opportunity to experience another culture and understand social and economic differences;
- Personal growth, new experiences, and new connections.
More about double degree studies here.
Frequently asked questions about Graduate Studies at the VMU Faculty of Economics and Management
What are second-cycle studies and how do they differ from Undergraduate Studies?
Second-cycle studies (Graduate Studies) are deeper and more advanced studies for those who already have a Bachelor’s degree (or an equivalent qualification).
While Undergraduate Studies provide a strong foundation, Graduate Studies focus on a specific field—economics, finance, marketing, management, or business—and develop analytical, strategic, and leadership thinking.
Where to study if you’re interested in economics, finance, marketing, or management?
If you are considering where to pursue Graduate Studies in these fields, the VMU Faculty of Economics and Management is one of the most logical choices in Lithuania. It offers Graduate Studies programmes in economics, finance, marketing, advertising, sports business, and management—combining a strong academic foundation with practical business competencies.
What Graduate Studies programmes does the VMU Faculty of Economics and Management offer?
VMU FEM Graduate Studies include the following programmes (see dedicated pages):
All of these are second-cycle studies leading to a Master’s degree and opening pathways to leadership roles and further Doctoral studies.
How long do Graduate Studies at VMU FEM take and what is the schedule?
Most Graduate Studies programmes at the VMU Faculty of Economics and Management last 2 years (4 semesters). Some programmes—for example, “Business and Entrepreneurship”—may last 1.5 years (3 semesters).
The schedule is typically designed for working professionals:
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some programmes take place in the evenings (from 17:30) on weekdays;
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some are delivered in concentrated sessions a few days per month;
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some include a portion of remote delivery.
This means Graduate Studies at VMU FEM are usually compatible with work.
What qualification do VMU FEM Graduate Studies award?
Upon completing Graduate Studies at the VMU Faculty of Economics and Management, graduates obtain:
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a Master’s degree in Social Sciences (e.g., International Economics); or
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a Master of Business Administration degree (e.g., Finance, Business and Entrepreneurship, and other management/marketing programmes).
This is an official second-cycle qualification, recognized in Lithuania and internationally, and it provides eligibility for Doctoral studies.
Are Graduate Studies at VMU FEM suitable for working professionals?
Yes. The Graduate Studies model at VMU FEM is specifically designed for working people:
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classes are often held in the evenings or in concentrated sessions;
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some content is delivered remotely;
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programmes focus on practical business problems you can apply at work immediately.
If your key question is where you can pursue Graduate Studies while continuing your career, VMU FEM is one of the realistic options that truly allows it.
Do VMU FEM Graduate Studies include double degree and international opportunities?
Yes, some VMU FEM Graduate Studies programmes offer double degree opportunities. For example, the International Economics programme offers double degree studies with partner universities abroad, and other programmes work closely with international partners.
In addition, as a VMU student you can use the university’s exchange programmes, international projects, and joint initiatives, expanding the international dimension of your second-cycle studies.
Can college graduates apply to Graduate Studies at VMU FEM?
Yes, Graduate Studies at VMU FEM are also open to college graduates who meet the admission requirements. In some cases, you may need:
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supplementary studies, or
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bridging/leveling courses,
to ensure an academically consistent transition from a Professional Bachelor’s level to university second-cycle studies.
How does admission to VMU Graduate Studies work?
Admission to Graduate Studies at VMU FEM is organized according to VMU stages and rules. Typically, you:
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submit an online application;
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provide Bachelor’s degree documents (or an academic transcript if you are still awaiting the diploma);
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pay the required registration fee;
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compete based on Bachelor’s study results and other programme-specific criteria (e.g., motivation, professional experience—if applicable).
Exact dates and conditions are published by VMU and VMU FEM each year.
What makes VMU FEM Graduate Studies stand out?
When choosing where to pursue Graduate Studies, it’s not only about the programme—it’s also the environment. VMU FEM stands out because it:
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combines academic quality with real business connections;
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offers clearly positioned Graduate Studies in economics, finance, marketing, advertising, sports business, and organizational management;
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is part of VMU, a university with broad interdisciplinary and international opportunities;
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has an active business, alumni, and student community that opens doors to careers and projects.
That’s why VMU FEM naturally answers the question: “Where should I pursue Graduate Studies in economics and management?”
