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2020 08 21 Financial and Actauarial mathematics

About the programme

Duration 3 years (full-time) Study language English
Scope
180 ECTS Tuition Fee per year €4500 per year
Qualification awarded Bachelor in Mathematical Sciences Start of studies 1 September
Programme code 6121AX003 Application period
Application deadline
1 November – 1 May* / 1 July**
1 May * / 1 July**

 * For applicants from non-EU/EFTA countries
** For applicants who do not need a Lithuanian visa and non-EU/EFTA applicants, if there is a Lithuanian embassy in their home country

Why this programme?

The Business Data Analytics programme is interdisciplinary, integrating the field of business, with one-third of the credits devoted to business and finance courses. This three-year programme allows students to enter the labour market more quickly, meeting the strong and growing demand for its graduates.

Designed to develop advanced analytical and problem-solving skills, the programme combines knowledge of statistics, machine learning, business, and finance. Students learn to collect, analyse, and interpret complex business data, apply statistical methods in finance and other uncertainty-related fields, critically evaluate information, communicate results effectively, and work both independently and as part of a team – continuously enhancing their professional growth.

What‘s after?

The graduates will have the opportunity to continue their studies in Master’s programmes in data analysis/statistics, data science, or econometrics at universities in Lithuania and abroad.

They will also be well-equipped to pursue careers in the business sector as business data analysts, data analysts, data analysis consultants, risk analysts, financial analysts, and other related professionals. Additionally, graduates may find employment in research or applied science centres specialising in economic data analysis.

Programme partners – VU Business School and University of Minho, School of Economics, Management and Political Science.

 

  • Foreigners from non-EU/EFTA countries are required to pass the OMPT-D exam with a score of at least 70%. This requirement is not applied for foreigners from EU/EFTA countries. The Admissions Committee evaluates the qualifications of applicants and invites them to a motivational interview only after receiving the OMPT-D exam results with a score of at least 70%.
  • Assessment of motivation is held by electronic means remotely for all foreign applicants, and the final decision is made by the Admissions Committee only after the motivational interview.
  • In addition, all applicants have to fulfil general admission requirements.

 

Course unit title

ECTS credits

Course unit title

ECTS credits

1 SEMESTER

30.0

5 SEMESTER

30.0

Compulsory courses

 

Compulsory courses

 

Fundamentals of Statistical Business Data Analysis

10.0

Time Series Models

5.0

Informatics for Data Analysis

10.0

Business Data Analytics Project

5.0

Calculus I

5.0

Entrepreneurship

5.0

Microeconomics

5.0

Big Data Software

5.0

2 SEMESTER

30.0

Optional courses*

10.0

Compulsory courses

 

Numerical Methods

5.0

Calculus II

10.0

Data Preprocessing and Transformation using R

5.0

Macroeconomics

5.0

Optimization Methods

5.0

Database Management Systems

5.0

 

 

Individual studies*

10.0

6 SEMESTER 30.0

3 SEMESTER

30.0

Compulsory courses

Compulsory courses

 

Professional Internship

15.0

Marketing

5.0

Bachelor‘s Thesis

15.0

Statistics and Probability Theory

10.0

 

 

Business Process Management

5.0

 

 

Individual studies* 10.0    

4 SEMESTER

30.0

 

 

Compulsory courses

 

 

 

Practical Data Analysis with R and Python

5.0

 

 

Corporate Finance

5.0

 

 

Data Visualization

5.0

 

 

Optional courses*

5.0

 

 

Financial Intelligence

5.0

 

 

Sampling Methods

5.0

 

 

Game Theory 5.0    

Large Language Models

5.0

 

 

Individual studies* 10.0    
 
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