Finance and Banking

Area of studies: Social Sciences
Faculty: Faculty of Economics and Management
Mode of Studies: Full-time
Length of Programme: 2 academic years (120 ECTS)
Name of Qualification: Master in Finance

Access Requirements

Applicants for Finance and Banking programme should have a bachelor or equivalent degree in social sciences. Prerequisite subjects include: Microeconomics (6 cr.); Macroeconomics (6 cr.); Financial Accounting (6 cr.); Public Finance (6 cr.); Introduction to Banking (6 cr.); Statistics (6 cr.); Econometrics (6 cr.). Applicants to this programme from other universities have to pass the English language profficiency test.

The programme of complementary studies (12-18 ECTS) is proposed for the students who did not take the prerequisite subjects. The programme of complementary studies is completed together with bachelor students during the first two semesters.

 

 

Programme Objectives and Competencies Acquired

To train qualified specialists in finance and banking – Masters in Finance, who have assimilated modern theories and methods in financial management, have systematic approach to macroeconomic processes and financial management at micro level, are able to analyze and to evaluate critically the processes on-going in the financial system and  in business structures, to keep abreast of scientific and practical innovations in the finance field and to apply them in the professional activities.

Competences acquired:

  • Competence to analyze and to evaluate independently and critically the processes, on-going in the overall financial system and in its‘ different sectors – financial markets, banks, other financial institutions.
  • Competence to apply classical and modern financial theories and to understand the possibilities and limitations of their application.
  • Competence to apply modern financial management instruments and methods in practice.
  • Competence to analyze the influence of financial information flows to the environment, its‘ players and enterprise and to to make the decisions on the formation of financial information flows.
  • Competence to make the decisions on the management of financial resources in various business firms and institutions.
  • Competence to apply the financial risk management methods and tools in practice.
  • Competence to analyze and to understand the investment environment, to perform evaluation and substantiation of investment projects and economic-financial decisions.
  • Competence to understand the processes and the factors influencing strategic finance management decisions and to make the strategic finance management decisions in the firm.
  • Competence to investigate the impact of long-term investments, financing, capital structure, shareholders equity decisions to the value of the firm.
  • Competence to identify financial ethics and other relevant financial problems and to be able to express the opinion on the subject, to discuss the problem in professional way.

Career Opportunities

Graduates of Finance and Banking programme will be able to work as:

  • financial specialists in the firms with different business profile, in banks and other financial institutions;
  • financial consultants in audit, business consultancy firms;
  • financial specialists, advisors, experts in government and municipality institutions;
  • instructors, lecturers in economics and finance in Lithuanian universities and colleges.

Graduates of Finance and Banking may continue studies in PhD studies in economics or management.

Curriculum

 

Code

Credits

Compulsory subjects  (10)

 

 

Financial economic

EKF5001

6

Macroeconomic environment analysis

EKF5002

6

Accounting harmonization in the EU

EKF5003

6

Business financing models and instruments

EKF5004

6

Integration of European financial markets and institutions and EU enlargement

EKF5005

6

Financial risk management

EKF5006

6

International business finance

EKF5007

6

Modern financial management problems

EKF5008

6

Investment analysis and management

EKF5009

6

Strategic finance management

EKF5010

6

Elective Subjects (3)

 

 

Insurance business

EVP5002

6

Management of financial information

EVP5003

6

Interpersonal and cross-cultural communication

EVP5006

6

Strategic management*

VAV5004

6

Strategic marketing*

VAM5005

6

Applied macroeconomics

EKM5013

6

Econometrics

EKM5012

6

Global economics and European integration

EKM6001

6

Research Projects (2)

 

 

Research Project 1

EKF5010

6

Research Project 2

EKF6004

6

Master Paper

 

 

Master Thesis in Finance

 

30

Total: 

 

120

* – compulsory for Double Degree MSc Programme with Louvain Catholic University, Louvain School of Management