BA/BS in Economics and Management

General Description: Objective(s) of a study programme: Provide comprehensive university education and prepare qualified economists with managerial competences who will understand how economy and organizations function and will be able to generate new ideas, continuously learn and apply robust economic and managerial knowledge when making decisions of how to distribute and manage resources to ensure effectiveness of organizational performance and achieve its goals, considering social responsibility of professional decisions and actions. Learning outcomes: The graduate is able to: explain the categories, principles and methods of economics; integrate knowledge from interdisciplinary areas; understand the specificity of functioning of a particular economic system; assess the effect of state intervention into the market and market changes; model economic phenomena; formulate generalisations on the basis of theory, research and practice; understand macroeconomic environment and assess its impact on individual organisations; assess and forecast economic and financial indicators for an organisation and make appropriate decisions on management, investment and financing of activities; propose informed management decisions in order to solve efficiency problems; prepare management measures to achieve the economic goals of an organisation; adopt the principles of management and anticipate the strategic prospects of all management areas in an organisation; solve finance management problems in an organisation; apply innovation in business and adequate methods to enhance competitiveness; decide on marketing activities in an organisation; assess the impact of human and social capital on efficiency and development of an organisation; determine and pursue operational goals, plan the stages of activities and allocate priorities; make decisions based on responsibility for activities and their results; analyse and summarise the information independently; identify problems and anticipate options to solve them; fluently communicate in Lithuanian and English; use IT and communication technologies. Activities of teaching and learning: Teaching and learning activities are student-focused. The main activities include lectures, seminars, workshops, active learning methods (group discussion, case studies), problem-based learning, scientific literature study, carrying out research (information retrieval, analysis), generating and discussing ideas for solutions, project work, case studies, simulations, etc. Methods of assessment of learning achievements: Written examination. Cumulative assessment is applied, which allows to monitor student’s progress. The student collects grades during the whole semester with mid-term knowledge checks: tests (open-ended and closed questions), writing papers, presentations of project work and case studies. Other evaluation methods include reports of internship in companies, course work, and Bachelor thesis. Framework: Study subjects (modules), practical training: The study programme consists of: • Subjects in the main field of Economics which include Microeconomics, Macroeconomics, Economic And Political Geography, International Economics, Economic Analysis, History Of Economic Thought, Mathematics, Economic Statistics, Management Economics, Econometrics, Decision Theory, Welfare Economics, Environmental Economics, Global Economics, Quantitative and Gualitative Methods in Economics, Basics of Law, Tax Policy, English for Specific Purposes, Information Technologies, Bachelor Thesis and other study subjects. • Subjects in the minor field of Management, which are Compulsory Courses, include Management, Fundamentals of Finance, Marketing, Basics of Accounting, Corporate Finance, Innovation and Entrepreneurship, Human Resources Management, Strategic Management, and others that are Optional Courses from minor study field subjects (Online Business, Project Management, Corporate Social Responsibility, Public Communication, Family Business, Knowledge Management). • General University Studies courses (15 credits) can be chosen from the offered courses from any faculty. • Students have their professional practice (internship) in the 7th semestre in a business or public organization. During the practice they acquaint with the company / organization's activities, devote part of their time to identifying specific problems and finding possible solutions to them. Optional courses: • Optional Courses • General Education Modules • Erasmus internship and exchange studies Distinctive features of a study programme: The study programme of Economics and Management aims to prepare qualified economists who are able to solve theoretical and practical economic problems, who will actively generate new ideas and offer organisational and management tools of implementation of economic decisions. This programme combines economics and management studies in the fields of Social Sciences. The interdisciplinary nature of the programme conforms with trends in specialist training – to integrate knowledge from different areas and to develop analytical thinking and entrepreneurial skills. Students have their professional practice (internship) in a business or public organisation, programme provides Erasmus internship and exchange studies. Access to professional activity or further study: Access to professional activity: The graduate of the study programme may pursue a professional career as an economist and / or a manager, financier, marketer in a company or a public sector organization; or establish and manage a privately owned business. Access to further study: Graduate can continue his (her) studies in the fields of Social Sciences (Economics), Business and Public Administration (management, finance, etc.) master programmes.