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Quantitative Economics
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Quantitative Economics

Are you interested in economics, finance, or data analysis? Do you want to understand how our societies function and how their economic and financial systems can be improved? Do you want to learn how to work with data? Do you want to learn about mathematical and econometric modelling of socio-economic phenomena? If you answered at least two of the above questions with yes, the brand new three-year, English-taught BSc in Quantitative Economics may be just the right programme for you

  • Programme partner Bank of Lithuania
  • Double Degree Opportunity
  • Data Analytics-Driven Programme

Quantitative Economics

Are you interested in economics, finance, or data analysis? Do you want to understand how our societies function and how their economic and financial systems can be improved? Do you want to learn how to work with data? Do you want to learn about mathematical and econometric modelling of socio-economic phenomena? If you answered at least two of the above questions with yes, the brand new three-year, English-taught BSc in Quantitative Economics may be just the right programme for you

  • Programme partner Bank of Lithuania
  • Double Degree Opportunity
  • Data Analytics-Driven Programme
B_Kiekybinė ekonomika_I.png
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  • degree of Bachelor of Social Sciences
  • Faculty of Economics and Business Administration
  • 3
  • Social Sciences
  • Economics
  • 180.0
  • Full-time
  • English

  • degree of Bachelor of Social Sciences
  • Faculty of Economics and Business Administration
  • 3
  • Social Sciences
  • Economics
  • 180.0
  • Full-time
  • English

Quantitative Economics is a dynamic three-year program for those interested in economics, finance, and data analysis. Students begin with core economic principles, math methods, and statistics, then advance to economic theory, econometrics, and finance taught by research-active faculty. In the final year, a capstone project and internship allow students to apply their skills in real-world settings and deepen their understanding of quantitative economics.

Peržiūrėti programos planą
  • You will be able to acquire knowledge of classical and modern theories and principles of economics and finance, and apply them to analyze economic problems
  • You will learn to use quantitative methods competently with different types of economic and financial data
  • You will understand the possibilities and limitations of scientific research methods when solving economic problems
  • You will be able to conduct applied research using empirical evidence to validate economic arguments
  • You will develop critical thinking skills to analyze economic problems effectively
  • You will learn to explain and interpret mathematical models describing social phenomena
  • You will be able to critically evaluate economic policies in real-world situations
  • You will learn to find relevant data, assess its quality, perform statistical analysis using modern software, and prepare reports with scientific typesetting tools
  • You will be able to work effectively as part of a team while contributing individual suggestions and developing communication skills
  • You will learn to construct complex arguments and communicate them clearly through written, graphical, and oral formats
  • You will be able to expand your knowledge and skills independently and critically evaluate your own accomplishments
  • You will learn to organize and plan your work autonomously and make informed decisions depending on circumstances
Entry qualification

High school / secondary education (or higher)

N. B. for non-EU/EFTA applicants: The gap since your completed secondary degree should not exceed five years.

  • Mathematics and English grade point average shall not be below 75%.
  • Letter of motivation

  • IELTS 5.5+, iBT TOEFL 65+

    Each applicant must have earned a secondary school diploma or its equivalent.

    The selection criteria are based on the weighted average of the relevant grades recorded in a student’s transcript of their academic record.

    If your qualifications and motivation letter match the programme requirements, you will be invited to attend an admission interview.

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.

Check additional country-specific requirements
Language requirements

English

The following language certificates are accepted for study programmes taught in English: IELTS Academic 6.5+, TOEFL iBT 81+, Cambridge English Exam 176+, Pearson PTE Academic 59+, LanguageCert IESOL B2, Duolingo English Test 120+, Password Skills Plus 6.5+ or another language proficiency certificate equivalent to B2 CEFR (Common European Framework of Reference for Languages).

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.

Proving your language skills
Other requirements
  • At least 1 reference(s) should be provided.
  • A motivation letter must be added to your application.
  • Applicants from Bangladesh, Nepal and Pakistan must submit OMPT-A (Online Mathematics Placement Test) Certificate (minimum passing grade – 55%).
OMPT exam information
Territory requirements

Tuition Fee Reduction for Ukrainian Students
The Faculty of Economics and Business Administration at Vilnius University offers a 50% tuition fee reduction for all Ukrainian students enrolled in Bachelor’s and Master’s study programmes. This reduction applies for the entire duration of the studies.

More information

1

2

3

4

5

6

7

Find your programme

When choosing a study programme, consider whether the subjects match your interests and strengths, as this will keep you motivated. You should also think about career opportunities, costs, and whether the programme fits your long-term goals. 

Keep in mind that each applicant can choose up to three study programmes in one application, but you can only get admitted to one programme. 

Check the application dates

For international applicants: 
1 May | for applicants from non-EU/EFTA countries 
1 July | for applicants who are citizens of EU/EFTA countries and for non-EU/EFTA applicants with a 90-day visa-free period that has not yet been exceeded.
The academic year always begins on 1 September.

Our International admissions have one intake per academic year. You can only submit your application during the application period.  

The application dates may differ if you are applying for a programme taught in Lithuanian or if you are eligible to apply for state-funded places.

Check your eligibility and prepare the necessary documents

In order to apply to Vilnius University, you must meet the general and programme-specific admission requirements, as well as the language proficiency requirements. In certain cases, specific territorial requirements may also apply. You can find all the specific requirements for this programme in the 'Admissions requirements' section.

For applicants from non-EU and non-EFTA countries, the period between obtaining your most recent secondary or higher education qualification and submitting your application may not exceed 5 years.

Pay the application fee and submit your application

The application to the international bachelor's or integrated studies degree programmes must be submitted on apply.vu.lt

The application fee is 100 EUR per application. The invoice is paid after adding the programmes to the application. Application fee payments are accepted only through the Flywire payment platform.

An online application will be processed only after the application fee is collected and the application is submitted with all the required documents. All documents must be submitted before the application submission deadline; otherwise, the application is terminated.

Please note: The application fee is non-refundable. Be sure to read the admission requirements and deadlines carefully before applying, as fees cannot be refunded if you are found ineligible or miss a deadline.

Creat the application accountPrepare the required documents

Take the interview

Candidates who meet the established criteria are invited to a motivational interview. The interview is organised to learn more about the applicant’s motivation for choosing the programme.

Confirm your acceptance and pay the tuition fee

Your application will be assessed within 30 calendar days from the date all required documents are submitted (this period may be extended in specific cases).

Acceptance letters or rejection notifications will be sent via the online application system https://apply.vu.lt.

Students are obliged to confirm if they accept the study offer within 7 working days.

Students who are citizens of the European Union, the European Economic Area countries and of other foreign countries, admitted to non-state-funded places in the first year of first-cycle and second-cycle studies through the University’s foreign student application system, must pay the annual tuition fee within 15 calendar days from the date of the offer to study.

Description of the Procedure of Payment, Reimbursement, and Recovery of Tuition Fees at Vilnius University 

The information about the tuition fee refund policy  

After the student pays the tuition fee, he receives the final acceptance letter. Then our International Relations Office provides the necessary information related to obtaining a temporary residence permit in Lithuania and sends a mediation letter to the student by e-mail (for non-EU citizens).

Arrange your arrival

Things to consider:

  • All international students have to apply for a visa, temporary residence permit or certificate of temporary residence in the Republic of Lithuania depending on their citizenship and the length of their studies at Vilnius University. 
  • If you require accommodation, you may apply for a dormitory via the application platform at apply.vu.lt. The task for accommodation appears after the tuition fee is paid and the final acceptance letter is received. 
  • More information about the start of your studies here.
Visa & Residence PermitArrange your accommodation
  • 3 660 EUR
Tuition fee

Students who are citizens of the European Union, the European Economic Area countries and of other foreign countries, admitted to non-state-funded places in the first year of first-cycle and second-cycle studies through the University’s foreign student application system, must pay the annual tuition fee within 15 calendar days from the date of the offer to study.

After the student pays the tuition fee, he receives the final acceptance letter. Then our International Relations Office provides the necessary information related to obtaining a temporary residence permit in Lithuania and sends a mediation letter to the student by e-mail (for non-EU citizens).

Learn more
Application fee

The application fee is €100 per application. Each applicant can choose up to three programmes within one application. 
Online applications will only be processed once the application fee has been paid. 

Please note that the application fee is non-refundable. Make sure you read the admission requirements and deadlines carefully before submitting your application, as the fee cannot be refunded if you are found to be ineligible or miss a deadline. 

Scholarships for Bachelor's

  • degree of Bachelor of Social Sciences
  • Faculty of Economics and Business Administration
  • 3
  • Social Sciences
  • Economics
  • 180.0
  • Full-time
  • English

  • degree of Bachelor of Social Sciences
  • Faculty of Economics and Business Administration
  • 3
  • Social Sciences
  • Economics
  • 180.0
  • Full-time
  • English

Quantitative Economics is a dynamic three-year program for those interested in economics, finance, and data analysis. Students begin with core economic principles, math methods, and statistics, then advance to economic theory, econometrics, and finance taught by research-active faculty. In the final year, a capstone project and internship allow students to apply their skills in real-world settings and deepen their understanding of quantitative economics.

Peržiūrėti programos planą
  • You will be able to acquire knowledge of classical and modern theories and principles of economics and finance, and apply them to analyze economic problems
  • You will learn to use quantitative methods competently with different types of economic and financial data
  • You will understand the possibilities and limitations of scientific research methods when solving economic problems
  • You will be able to conduct applied research using empirical evidence to validate economic arguments
  • You will develop critical thinking skills to analyze economic problems effectively
  • You will learn to explain and interpret mathematical models describing social phenomena
  • You will be able to critically evaluate economic policies in real-world situations
  • You will learn to find relevant data, assess its quality, perform statistical analysis using modern software, and prepare reports with scientific typesetting tools
  • You will be able to work effectively as part of a team while contributing individual suggestions and developing communication skills
  • You will learn to construct complex arguments and communicate them clearly through written, graphical, and oral formats
  • You will be able to expand your knowledge and skills independently and critically evaluate your own accomplishments
  • You will learn to organize and plan your work autonomously and make informed decisions depending on circumstances
Entry qualification

High school / secondary education (or higher)

N. B. for non-EU/EFTA applicants: The gap since your completed secondary degree should not exceed five years.

  • Mathematics and English grade point average shall not be below 75%.
  • Letter of motivation

  • IELTS 5.5+, iBT TOEFL 65+

    Each applicant must have earned a secondary school diploma or its equivalent.

    The selection criteria are based on the weighted average of the relevant grades recorded in a student’s transcript of their academic record.

    If your qualifications and motivation letter match the programme requirements, you will be invited to attend an admission interview.

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.

Check additional country-specific requirements
Language requirements

English

The following language certificates are accepted for study programmes taught in English: IELTS Academic 6.5+, TOEFL iBT 81+, Cambridge English Exam 176+, Pearson PTE Academic 59+, LanguageCert IESOL B2, Duolingo English Test 120+, Password Skills Plus 6.5+ or another language proficiency certificate equivalent to B2 CEFR (Common European Framework of Reference for Languages).

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.

Proving your language skills
Other requirements
  • At least 1 reference(s) should be provided.
  • A motivation letter must be added to your application.
  • Applicants from Bangladesh, Nepal and Pakistan must submit OMPT-A (Online Mathematics Placement Test) Certificate (minimum passing grade – 55%).
OMPT exam information
Territory requirements

Tuition Fee Reduction for Ukrainian Students
The Faculty of Economics and Business Administration at Vilnius University offers a 50% tuition fee reduction for all Ukrainian students enrolled in Bachelor’s and Master’s study programmes. This reduction applies for the entire duration of the studies.

More information

1

2

3

4

5

6

7

Find your programme

When choosing a study programme, consider whether the subjects match your interests and strengths, as this will keep you motivated. You should also think about career opportunities, costs, and whether the programme fits your long-term goals. 

Keep in mind that each applicant can choose up to three study programmes in one application, but you can only get admitted to one programme. 

Check the application dates

For international applicants: 
1 May | for applicants from non-EU/EFTA countries 
1 July | for applicants who are citizens of EU/EFTA countries and for non-EU/EFTA applicants with a 90-day visa-free period that has not yet been exceeded.
The academic year always begins on 1 September.

Our International admissions have one intake per academic year. You can only submit your application during the application period.  

The application dates may differ if you are applying for a programme taught in Lithuanian or if you are eligible to apply for state-funded places.

Check your eligibility and prepare the necessary documents

In order to apply to Vilnius University, you must meet the general and programme-specific admission requirements, as well as the language proficiency requirements. In certain cases, specific territorial requirements may also apply. You can find all the specific requirements for this programme in the 'Admissions requirements' section.

For applicants from non-EU and non-EFTA countries, the period between obtaining your most recent secondary or higher education qualification and submitting your application may not exceed 5 years.

Pay the application fee and submit your application

The application to the international bachelor's or integrated studies degree programmes must be submitted on apply.vu.lt

The application fee is 100 EUR per application. The invoice is paid after adding the programmes to the application. Application fee payments are accepted only through the Flywire payment platform.

An online application will be processed only after the application fee is collected and the application is submitted with all the required documents. All documents must be submitted before the application submission deadline; otherwise, the application is terminated.

Please note: The application fee is non-refundable. Be sure to read the admission requirements and deadlines carefully before applying, as fees cannot be refunded if you are found ineligible or miss a deadline.

Creat the application accountPrepare the required documents

Take the interview

Candidates who meet the established criteria are invited to a motivational interview. The interview is organised to learn more about the applicant’s motivation for choosing the programme.

Confirm your acceptance and pay the tuition fee

Your application will be assessed within 30 calendar days from the date all required documents are submitted (this period may be extended in specific cases).

Acceptance letters or rejection notifications will be sent via the online application system https://apply.vu.lt.

Students are obliged to confirm if they accept the study offer within 7 working days.

Students who are citizens of the European Union, the European Economic Area countries and of other foreign countries, admitted to non-state-funded places in the first year of first-cycle and second-cycle studies through the University’s foreign student application system, must pay the annual tuition fee within 15 calendar days from the date of the offer to study.

Description of the Procedure of Payment, Reimbursement, and Recovery of Tuition Fees at Vilnius University 

The information about the tuition fee refund policy  

After the student pays the tuition fee, he receives the final acceptance letter. Then our International Relations Office provides the necessary information related to obtaining a temporary residence permit in Lithuania and sends a mediation letter to the student by e-mail (for non-EU citizens).

Arrange your arrival

Things to consider:

  • All international students have to apply for a visa, temporary residence permit or certificate of temporary residence in the Republic of Lithuania depending on their citizenship and the length of their studies at Vilnius University. 
  • If you require accommodation, you may apply for a dormitory via the application platform at apply.vu.lt. The task for accommodation appears after the tuition fee is paid and the final acceptance letter is received. 
  • More information about the start of your studies here.
Visa & Residence PermitArrange your accommodation
  • 3 660 EUR
Tuition fee

Students who are citizens of the European Union, the European Economic Area countries and of other foreign countries, admitted to non-state-funded places in the first year of first-cycle and second-cycle studies through the University’s foreign student application system, must pay the annual tuition fee within 15 calendar days from the date of the offer to study.

After the student pays the tuition fee, he receives the final acceptance letter. Then our International Relations Office provides the necessary information related to obtaining a temporary residence permit in Lithuania and sends a mediation letter to the student by e-mail (for non-EU citizens).

Learn more
Application fee

The application fee is €100 per application. Each applicant can choose up to three programmes within one application. 
Online applications will only be processed once the application fee has been paid. 

Please note that the application fee is non-refundable. Make sure you read the admission requirements and deadlines carefully before submitting your application, as the fee cannot be refunded if you are found to be ineligible or miss a deadline. 

Scholarships for Bachelor's
B_Kiekybinė ekonomika_III.png

Career prospects

Our programme can equip you with the necessary skills to pursue a wide range of career opportunities. To get an idea of the career paths available, it is useful to learn about our alumni. Most common professional industries are: Financial Services, Research and Academic Institutions, Goverment and Authorities, Consulting Firms

Financial Analyst / Data Analyst / Economist / Research Analyst

Unlocking Opportunities with the Quantitative Economics Program

Karolina Jonuškaitė

Quantitative Economics study programme graduate

Quantitative Economics offers unique opportunities for students - from the possibility to immerse oneself in the international community to high-quality courses that prepare one to pursue further education or successfully enter the labor market. I am truly happy with my decision to join the program, as I was able to gain both - essential academic knowledge during lectures and practical experience through internships. Moreover, instructors create a welcoming atmosphere for students, offering guidance in making career decisions, for instance, when selecting further education. Studying entirely in English provided me with more opportunities when applying to foreign universities for my master's degree. In addition to this, a shorter duration of my education encourages concentration and intensity, facilitating a more focused and efficient learning journey. Thanks to scholarships awarded by the partners of the Quantitative Economics program - Nasdaq and central Bank of Lithuania - I can completely dedicate my time to studies. Therefore, I genuinely encourage enrolling in this program and enjoying outstanding opportunities if you seek to pursue a career in economics, finance or data analysis.

A Modern Programme for Future Economists

Rokas Siderkevičius

Quantitative economics study programme graduate

The Quantitative Economics programme is a very strong, interesting and modern programme. Strong because it brings together very strong and talented students. And the fact that the lecturers are experts in their field and have studied at prestigious universities abroad. Interesting because the lecturers are able to make us interested in the field they are studying and are able to explain quite complex subjects in simple terms. Relevant because we analyse events and their consequences that are happening here and now - the Covid-19 pandemic, the war in Ukraine. Students graduating from this programme can easily find a job in various companies or institutions in the financial sector, as the knowledge and economic intuition that they acquire is really considerable. I am glad that I joined the quantitative economics programme because it took me out of my comfort zone and gave me a lot of knowledge and good memories.

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Accommodation
Financial Support
Exchange opportunities

Chat with VU students

If you need more information or personalised advice, choose a VU Ambassador from your home country or the desired study programme and submit your question using the form below. You can expect to hear back from us within 2–3 working days.

Contact our Ambassadors
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