Modelling and Data Analysis

Qualification awarded Master in Mathematical Sciences
Field of study Statistics
Faculty Faculty of Mathematics and Informatics
Study area Mathematical Sciences
Length of the programme (years)

Full time - 1,5 years (3 semesters),

part time – 2,5 years (5 semesters)
Scope of programme (ECTS) 90 ECTS
Language of instruction English
Location  Vilnius, Lithuania
Starting date 1st of September

Tuition fee for EU students

for Non-EU students 

4250 EUR/ year (2833 EUR/ year for part time)

4500 EUR/year (3000 EUR/ year for part time)

Click here to apply


The aim of the programme is to educate internationally recognized professionals in Modelling and Data Science who expertly utilize the up-to-date knowledge of Statistics, Econometrics and Data Science in developing advanced mathematical (statistical) models for private and public institutions for planning, management, forecasting, and evaluation of their activities. The level of the programme enables to continue further studies at universities abroad.

The programme offers two study options: econometrics and data science.

Prof. dr. Remigijus Leipus, Director of the programme: “The programme offers not only internationally competitive education in econometrics to work within industry and non-academic sector but also involves students and graduates in active research activities at national and international level. Graduates of the programme can choose doctoral studies in Economics, Econometrics and/or Statistics in Vilnius University.
Regardless of whether you are interested in working in the industry, or continuing with doctoral studies, you will be educated on the highly competitive level to reach your goals“.


  • Bachelor degree in Mathematics, Statistics, Economics (with solid knowledge of Mathematics), Informatics or Physical science.
  • English language proficiency - the level not lower than B2 (following the Common Framework of Reference for Language approved by the Council of Europe).
  • Assessment of motivation and entrance examination is held by electronic means remotely.


Students can participate in ERASMUS+ mobility programme which gives an opportunity to study at VU’s Partner University for 1 or 2 semesters or do internship abroad.


The analytical modelling, planning, and forecasting work opportunities at various levels are open for Masters in Modelling and Data Analysis in: research centres; financial institutions in private sector (e.g. pension funds, stock exchanges, insurance companies, commercial banks, Hi Tech start-ups); consulting firms; the analysis and planning units of business enterprises; central banks, ministries, and other public sector institutions.


 Daumantas BloznelisDaumantas Bloznelis, graduate from Lithuania

"I chose to pursue a Master’s in Mathematical Sciences since econometricians are highly valued and in great demand in today’s data-rich world. The study program was intensive and challenging, yet highly rewarding. It provided me with a solid fundament in statistical modelling and forecasting of economic and financial data. After graduation I easily got a job in an investment bank, then earned a PhD in Economics in Norway. If you are up for a challenge, a career in econometrics promises a bright future."


Irena M Irena Mikolajun, graduate from Lithuania

"Being interesting, stimulating and, not least, demanding, the studies form an excellent foundation for a future carrier as an Econometrician/Economist. During my studies I spent one year as a visiting student at Padua University, Italy with an Italian government grant. Further, after completing my studies, I entered the PhD in Economics program at Tinbergen Institute Rotterdam, The Netherlands. My educational background gave me a possibility to intern in institutions like Bank of Lithuania and European Central Bank. Taking all my experience together I would certainly recommend the  programme as a departure point for an interesting and rewarding carrier."





Dr. Vydas Čekanavičius


Admission Office

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