VMU is the place for bright, entrepreneurial, ambitious young people, seeking for self-expression and professional excellence.
The Vytautas Magnus University (VMU) School of Economics and Management is recognized as one of the best schools in economics and management in Lithuania with a leadership position in research and teaching of the humanities.
The School of Economics and Management is one of the most liberal universities in Lithuania and other Baltic states. The University cherishes ideals of freedom, honesty, sharing of ideas and tolerance. Qualified faculty professors contribute to the evolving responsibility, diligence, self-reliance and communicative abilities of the future graduates.
The Louvain School of Management (LSM) is the business school of the University of Louvain, founded in 1425, one of the oldest in Europe. LSM is located close to the capital of Europe and provides world class courses for Master’s students in Management and Business Engineering. LSM focuses on excellence and on an ethical approach to business studies and business practices. LSM is EQUIS accredited, part of the CEMS Alliance and a PIM member.
The double degree LSM/VMU gives opportunities to selected LSM students to study at VMU the MSc in Finance and Banking or the MSc in Marketing and International Commerce and to selected VMU students to study at LSM the Master in Management.
"Studying at LSM, really widened my horizons and during that period it made me sure that I must start my own business rather than work for someone. Lectors, who came from businesses and shared their amazing stories, as well as, guests from different international companies inspired me to pursue my goals and believe more in myself." (student, VMU/LSM 2015-2017)
"It was my most successful investment, which definitely paid off immediately." (Gintare B., VMU/LSM 2015-2017)
Double degree student who has completed the required credits of each institution will obtain two degrees, one from each school:
> @ LSM: it will be the "Master en sciences de gestion, à finalité spécialisée" (legally titled in French, the programme is entirely in English).
> @ VMU: it will be the "Master of Business Administration in Finance" OR "Master of Business Administration in Marketing"
Double Degree Structure
- VMU MSc in Finance and Banking
This is a full-time academic programme intended for people with a university Bachelor degree, mainly in economics or management. The master programme introduces to financial decision making in financial sector and businesses, under growing uncertainty in the global and integrated business environment, based on strong theoretical and practical knowledge, with broad understanding of both national and international perspectives and cross-cultural awareness, clear attitudes towards the corporate social responsibility and professional ethics.
The programme aims to put modern financial theories and methods into effective use, provide with systematic understanding and critical approach towards both national and global macroeconomic and business processes, make use of analytical financial tools and methods for complex decision making for the financial and real business structures, to provide with competences and skills in the professional activity in finance at the intersection of financial system and businesses.
- VMU MSc in Marketing and International Commerce
This is a full-time academic programme intended for people with a university Bachelor degree, mainly in management or economics. The master programme aims to introduce students to theoretical and practical concepts of marketing management, to provide with the strategic thinking, skills to analyze market trends and changes, with capabilities to react to the changing global business environment, for the development of marketing management function in organizations.
Students will follow a defined programme, which fulfils the academic requirements for the Master degree both at LSM and VMU. The students will have access to compulsory and elective master courses in all specializations. Problem-based learning is introduced throughout the curriculum. The proficiency in activity is trained during the practical sessions on managerial, financial, marketing decision making, analysis of real business cases branches of European and global companies, their branches in the Baltics, as well as developing research projects. Study results will be assessed as set by the curriculum of the courses followed
Students enrolled in a double degree LSM/VMUare required to write a joint Master's thesis. Therefore the students will have to found two professors: one at LSM and one at VMU. One will be the main supervisor and the other one the reader.
Students usually start their work for the Master's thesis already during the first year. The Master's thesis will be written in English. A mandatory oral defense will take place in front of at least the two professors (by skype if needed).
Tuition fees are paid at the "home" university, for the entire duration of the studies. Administrative fees might be required at the "host" university.
Fall Semester 2019: from September 16, 2019 to December 21, 2019 (Official exam session from January 4 to 25, 2020).
Spring Semester 2020: from February 3, 2020 to May 16, 2020 (Spring Break from April 6 to 25, 2020) (Official exam session from June 2 to 27, 2020).
Resit exam session from August 17, 2020 to September 3,2020.
Fall Semester 2019: from last week of August 2019 to end of January 2020 (incl. exam session and resit exam session)
Spring Semester 2020: from beginning of February 2020 to end of June 2020 (incl. exam session, master's thesis defence and resit exam session)
How to Apply
> Apply through LSM (if you are selected, LSM will be your home university)
> Apply through VMU (VMU will be your home university)
|> UCLouvain website
> LSM-Louvain School of Management
> LSM-double degrees