14 April 2021

Prestigious Publisher Springer Nature Published a Book by VU Professor

A renowned science publisher, Springer Nature, has published a monograph by a Vilnius university professor Rimvydas Skyrius from faculty of Economics and business administration, titled “Business Intelligence. A Comprehensive Approach...

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14 April 2021

Arqus Celebrates Its First Arqus Academy Week - a Series of Exchanges and Debates About the Universities of the Future

From 3rd to 7th May 2021, Vilnius University (VU) hosts the Arqus Academy Week 2021, a week full of interesting discussions, lectures, workshops and other events organised by the Arqus...

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13 April 2021

VU Business School Together With CERN is Changing the Traditional Study Model

Artificial intelligence, genetic engineering, electromobiles or quantum computers are the next generation technology innovations the world is focusing on today. They change not only industry, but also the lives of...

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9 April 2021

“Gene Scissors” in COVID-19 Diagnostics: Next Generation Tests Will Deliver the Result in 30 Minutes

With the aggressive spread of Coronavirus around the globe, existing controls have proved to be ineffective. It takes some time to obtain the results of the polymerase chain reaction (PCR)...

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9 April 2021

Arancha González Laya, Minister for Foreign Affairs of the Kingdom of Spain Emphasised the Importance of Gender Equality on a…

During her visit to Vilnius University (VU), Ms Arancha González Laya, Minister for Foreign Affairs, European Union and Cooperation of the Kingdom of Spain, met with the rector of the...

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8 April 2021

At a meeting with Jesuit Priest James Martin – a conversation about working with LGBT people

The Chaplain of Vilnius University (VU) Eugenijus Puzynia SJ and the pastoral care team invite you to a remote meeting with Jesuit priest Fr James Martin from the US. Fr...

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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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