22 October 2020

VU Virologist Laura Kalinienė About Coronavirus: We Have More Questions Than Answers

With coronavirus cases rapidly growing, the need for new information about this virus has become increasingly relevant. Immunologists have been constantly reviewing the situation; a new vaccine is being created...

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20 October 2020

Arqus Holds its Second Academic Debate Focusing on the Upcoming US Presidential Elections

The US Presidential Elections: a Battle for Global? Supremacy29th OCT 2020 at 19:00 CET on the Arqus YouTube channel “America is fulfilling our destiny as peacemaker, but it is peace through...

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20 October 2020

Hackathon “Hack4Vilnius” Winners Offer New Ways to Get to Know the Attractions of Vilnius

“Hack4Vilnius” – a hackathon, dedicated to improving the city of Vilnius, for the third year in a row enriched the city with 19 new ideas, solving city pollution, traffic jam...

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19 October 2020

Leipzig University Creates the Arqus Café, a Virtual Place to Practice Languages

Leipzig University has started a new initiative as part of the Action Line "Multilingual and multicultural university": the Arqus café, a virtual place for students from any of the Arqus...

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Lithuania’s finance elite to be nurtured by Vilnius University

EK 180509 02974The Center for Excellence in Finance and Economic Research (CEFER) jointly with Vilnius University has developed a brand-new Bachelor program Quantitative Economics. This program will develop graduates capable of successfully navigating within the modern finance industry as well as public institutions and private companies requiring competence in economics and data science; the language of instruction is English and the program only last for three years instead of the standard four years. This is the first and so far the only program of this kind in Lithuania.

‘We believe that this program will become a stimulus for the development of the economics sciences in Lithuania and will satisfy the increasingly large financial and data analysts demand within the labor market. In developing it, we closely followed leading institutions, including my Alma Mater,  the University of Cambridge, and have drawn from experiences of CEFER researchers: in three years, students will develop analytic, mathematical, statistical and modelling skills that will be easily adaptable both for a career in business or further studies‘, tells Povilas Lastauskas, one of the authors and initiators of the program, Director of the Center for Excellence in Finance and Economic Research of the Bank of Lithuania. He worked previously as Director of Studies at the University of Cambridge.

The program Quantitative Economics is unique in that most lecturers will be active researchers who have received their doctoral degrees at leading universities abroad and conduct high-quality scientific research.

‘In terms of quality and content, this program will compete with the programs of the best universities, hence we aim at the best and most motivated high  school graduates who have excellent skills in mathematics and are fluent in English. The set minimum entry score for joining this study program will be no less than 6,’ tells Linas Tarasonis, Vice Dean of the Faculty of Economics and Business Administration at Vilnius University.

Those willing to study under this new program will need to have an excellent command of mathematics and English, while the selected candidates will be invited for a motivation interview. More information on the Bachelor’s program Quantitative Economics and the admission conditions is available at

About the Center for Excellence in Finance and Economic Research of the Bank of Lithuania

The Bank of Lithuania’s Center for Excellence in Finance and Economic Research was established in 2014 in cooperation with Vilnius University. One of the major tasks of this Center is to improve the quality of the economics and finance sciences in Lithuania. The research work at the Center is carried out by researchers who have defended their doctorate degrees at Goethe University Frankfurt, University of Amsterdam, University of Virginia, and other Western universities. Their scientific works are published in prestigious economics and finance journals such as Journal of Finance, Journal of Money, Credit and Banking, The Economic Journal, Review of Asset Pricing Studies, etc. 

Join top level researchers at Quantitative Economics study program: apply now!

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