Study location	Lithuania, Sauletekio ave. 9, Building II, 10222 Vilnius
Type	Postgraduate, full-time
Nominal duration	1.5 years (90 ECTS)
Study language	English
Awards	(Master in Social Sciences)
Course code	6211JX016

Tuition fee	€5,460 per year *Tuition fee is subject to change in accordance with national legislation.
Application fee	€100 per year The application fee is non-refundable.

Entry qualification

Undergraduate diploma (or higher) N. B. for non-EU/EFTA applicants: The gap since your completed Bachelor degree should not exceed five years. Admission to the studies will be competitive, and priority will be given to university graduates with degrees in economics, business, management, finance, and accounting, with preference given to candidates with at least one year of work experience. Applicants from other fields and college graduates must have accumulated at least 20 credits from fundamental economics study programme subjects, which they can acquire by choosing additional studies. This requirement does not apply to applicants under three years of relevant experience who submit a free-form certificate confirming their work tenure and position. Important: additional country-specific requirements are set only for the following countries which you can find HERE (STEP 2). For students who have discontinued studies in similar programs, subjects will be accredited according to the established procedure. The entry qualification documents are accepted in the following languages: English / Lithuanian. Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original. Translation is considered to be official when it is bound together with the certified true copy of the original document and is confirmed by the translator’s signature. Documents issued in English, Lithuanian must be certified true copies and do not require translation.

Language requirements	English IELTS Academic 5.5+, TOEFL iBT 75+, Cambridge English exam B2, Pearson PTE Academic 50+, LanguageCert IESOL B2, Duolingo English Test 90+ If your first language is English and/or if you have a university degree in English, you will be exempt from providing an English language test score.

Other requirements	At least 2 reference(s) should be provided.

More information	vu.lt/..master-studies/strategic-economics

Overview

The Strategic Economics program is truly unique in its approach, explicitly designed for students who are eager to master the intricacies of business strategy. It’s a program that prepares you for roles where you’ll lead the design and execution of firms‘ competition, products, strategic accounts, essential business changes, and mergers & acquisitions. To achieve this, we delve deep into economic theories, blending fundamental principles like game theory, behavioural economics, and supply chain economics with strategic planning. This unique blend allows you to understand how these theories shape real-world business outcomes. Our curriculum strongly emphasises practical skills, equipping you with the ability to use economic metrics and analytical tools. This hands-on approach ensures you can craft and assess business strategies and their real-world impact in a dynamic economy.

Our Strategic Economics program is not just about theoretical knowledge. We concentrate on market dynamics and competitive analysis, preparing you to interpret and anticipate market conditions effectively. The courses encompass crucial topics for making strategic decisions in a competitive business environment. This focus on practical skills ensures that you not only acquire theoretical knowledge but also develop the ability to apply it in real-world scenarios. This pragmatic orientation instils in you the confidence to tackle real-world business challenges.

The Strategic Economics program offers an in-depth examination of the economic implications of policies and regulations. This equips our students with the skills to navigate complex regulatory landscapes. Our comprehensive approach guarantees a broad comprehension of economic principles and their strategic applications, fostering long-term growth and sustainability across diverse business environments.

Programme structure

At Strategic Economics, we recognize the diverse commitments of our students. That’s why our classes are typically scheduled for weekday evenings, allowing you to effectively balance your educational and professional obligations. Our flexible schedule is designed to cater to the needs of both full-time students and working professionals, assuring you that you can pursue your academic goals without compromising on your professional responsibilities. Each semester is structured with modules focused on different strategic aspects, culminating in a comprehensive thesis defended in stages.

The studies occur weekday evenings from 5.45 to 9.00 PM (Lithuanian time). During each semester, 5-6 different subjects are studied. The Master’s thesis is defended in three stages: the first, second, and third semesters.

Career opportunities

Strategic Economics is tailored to foster leadership and strategic insight, preparing graduates for influential roles across various sectors. With a robust grounding in economic theories integrated with practical strategic applications, our alums are poised to lead and innovate in high-stakes environments. The program equips students with the tools to analyze, strategize, and implement decisions that profoundly impact their organizations. By merging academic rigor with real-world applications, graduates are well-prepared to take on pivotal roles that require a deep understanding of markets, economics, and strategic management. Here are the types of positions you can expect to move into after completion of the program: Director of Innovation & Sales, Head of Strategic Accounts, Senior Program Manager, Creative Director, Chief Consultant, Director of Mergers & Acquisitions, Strategic Partnerships Manager, Lead Creative Strategist. We believe these roles represent just a sample of the diverse opportunities available for Strategic Economics program graduates in the labor market. The skills acquired through this program open doors to numerous other strategic positions, enabling graduates to lead and innovate in various dynamic sectors.