degree of Master of Social Sciences

Faculty of Economics and Business Administration

1.5

Social Sciences

Economics

90.0

Full-time

English

degree of Master of Social Sciences

Faculty of Economics and Business Administration

1.5

Social Sciences

Economics

90.0

Full-time

English

The curriculum advances your ability to scrutinise market dynamics and competitive landscapes, enhancing your capacity to forge strategies that align with consumer behaviour and market conditions. Moreover, the program prepares you to interpret and leverage economic policies and regulations to advantage strategic business planning. By blending theoretical knowledge and practical application, you will develop thinking that integrates economic principles, ensuring your decisions promote economic sustainability and long-term business success.

Peržiūrėti programos planą

You will be able to apply specialized analytical skills to evaluate policy measures, assess their economic and social consequences, and make informed strategic decisions
You will learn to assess risks related to economic activity and propose strategic solutions and alternative management approaches
You will gain knowledge of key economic theories and learn how to apply them when analyzing and interpreting complex economic phenomena
You will be able to implement sustainable business practices that respect environmental principles and promote corporate social responsibility
You will understand the principles of global economic dynamics and the innovation economy and apply them in international business contexts
You will be able to independently collect, analyze, and interpret scientific information to test economic insights and select appropriate academic sources
You will learn to select relevant empirical data, determine relationships between economic phenomena, and process data analytically
You will be able to choose appropriate research methods and carry out research independently
You will develop the ability to present research results in structured reports with well-founded conclusions and recommendations
You will understand business decision-making models and apply them to develop effective strategies in diverse business situations
You will learn methods of economic forecasting and apply them to analyze market trends
You will acquire competencies for implementing innovative strategies that support long-term organizational competitiveness
You will understand principles of financial integration in decision-making and apply them when preparing and executing business plans and budgets

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.

Candidates with at least overall grade average of 60 % are eligible.

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.

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 2 reference(s) should be provided.
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 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.

Check the country-specific requirements

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.

Create the application account Prepare the required documents

Confirm the 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 Permit Arrange you accommodation

5 460 EUR

VU FEBA Admission scholarship

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 Master's

Tuition Fee Waivers and Scholarships to Apply for During the Admission Procedure

degree of Master of Social Sciences

Faculty of Economics and Business Administration

1.5

Social Sciences

Economics

90.0

Full-time

English

degree of Master of Social Sciences

Faculty of Economics and Business Administration

1.5

Social Sciences

Economics

90.0

Full-time

English

The curriculum advances your ability to scrutinise market dynamics and competitive landscapes, enhancing your capacity to forge strategies that align with consumer behaviour and market conditions. Moreover, the program prepares you to interpret and leverage economic policies and regulations to advantage strategic business planning. By blending theoretical knowledge and practical application, you will develop thinking that integrates economic principles, ensuring your decisions promote economic sustainability and long-term business success.

Peržiūrėti programos planą

You will be able to apply specialized analytical skills to evaluate policy measures, assess their economic and social consequences, and make informed strategic decisions
You will learn to assess risks related to economic activity and propose strategic solutions and alternative management approaches
You will gain knowledge of key economic theories and learn how to apply them when analyzing and interpreting complex economic phenomena
You will be able to implement sustainable business practices that respect environmental principles and promote corporate social responsibility
You will understand the principles of global economic dynamics and the innovation economy and apply them in international business contexts
You will be able to independently collect, analyze, and interpret scientific information to test economic insights and select appropriate academic sources
You will learn to select relevant empirical data, determine relationships between economic phenomena, and process data analytically
You will be able to choose appropriate research methods and carry out research independently
You will develop the ability to present research results in structured reports with well-founded conclusions and recommendations
You will understand business decision-making models and apply them to develop effective strategies in diverse business situations
You will learn methods of economic forecasting and apply them to analyze market trends
You will acquire competencies for implementing innovative strategies that support long-term organizational competitiveness
You will understand principles of financial integration in decision-making and apply them when preparing and executing business plans and budgets

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.

Candidates with at least overall grade average of 60 % are eligible.

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.

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 2 reference(s) should be provided.
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 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.

Check the country-specific requirements

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.

Create the application account Prepare the required documents

Confirm the 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 Permit Arrange you accommodation

5 460 EUR

VU FEBA Admission scholarship

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 Master's

Tuition Fee Waivers and Scholarships to Apply for During the Admission Procedure

Career prospects

Graduates of the Strategic Economics program are equipped to shape business strategy through strong analytical skills and advanced economic knowledge. They are prepared for roles in corporate strategy, business development, consulting, and mergers & acquisitions, where they design and evaluate competitive strategies, assess market dynamics, and support key organisational decisions. With expertise in economic modelling, strategic planning, and regulatory analysis, they contribute to sustainable growth across a wide range of industries.

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

Why choose this programme?

The staff of the Strategic Economics committee.

We've designed the Strategic Economics program to bridge the gap between theoretical economics and strategic real-world applications. Our goal is to prepare leaders who think critically and act decisively in high-stakes environments. Based on the rigorous curriculum and the expert faculty involved, we anticipate our graduates will quickly move into roles such as Strategic Partnerships Manager or Director of Innovation, where they will apply their learning to drive significant business success

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