Study location	Lithuania, Kaunas
Type	Undergraduate, full-time
Nominal duration	4 years (240 ECTS)
Study language	English
Awards	Bachelor Degree (Bachelor of Business Management)

Tuition fee	€2,954 per year
Application fee	€100 one-time Non-EU applicants shall pay through the Flywire portal. Application fee is not refundable.

Entry qualification

High school / secondary education (or higher) Minimum 60% CGPA Admission score counting is based on: Mathematics * 0.4 + English * 0.4 + Motivation letter/Interview * 0.2. Minimum admission score to qualify: 5,4. 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. High School diploma and its supplement (transcript of records / mark sheet) in the original language and translated into English. Education Documents (School degree Diploma and Transcript of Records) will need to be assessed by the accredited institution during the first semester of studies. You must take the original entry qualification documents along with you when you finally go to the university.

Language requirements

English Proof of English Language: applicant has to present document proving B2 level (TOEFL 87-109 iBT/534-633 PBT, IELTS 5.5-6,5, Cambridge English First (FCE) 161-180, BEC Vantage 161-180, Michigan ECCE (min. 650), PTE General Level 3, TOEIC Listening & Reading 785, TOEIC Speaking & Writing 310, Duolingo 100-125, EnglishScore (CoreSkills) 400-499) if the applicant is not native speaker and/or had not received education in English.

Other requirements	A motivation letter must be added to your application. Upload your Curriculum Vitae (CV); Example

More information	vdu.lt/en/all-studies-bachelor-studies

Overview

Bio-business – activities carried out by business organizations operating in the bioeconomy sector. Bioeconomy sector and bio-business organizations operating in it are unique in terms of management functions. First, the development of the bioeconomy sector is impossible without radical and disruptive innovation and sustainability. Radical innovations are related to the introduction of radically new technologies and sustainable management processes, they cause a lot of uncertainty for existing business models and companies, and lead to the need to create new sustainable business models. Disruptive innovations destroy an existing market and create a fundamentally new market. In addition, the bioeconomy sector is characterized by systemic rather than linear innovations, which are necessary to ensure sustainable circularity. Thus, innovation management becomes one of the cornerstones in the development of bioeconomy sector. Secondly, development of bioeconomy sector is characterized by cross-sectoral relations and includes many different sub-sectors. Thanks to cross-sectoral connections, limited biological resources can be used from energy and heat supply with the lowest added value to the production of pharmaceutical and cosmetic products with the highest value. For this reason, business planning and modelling, process and project management, human resource management and corporate social responsibility are characterized by specificity and including sustainability. Thirdly, the consequence of the development of the bioeconomy sector is newly created biological products not only from primary biological resources, but also from secondary biological resources and their waste. Thus, consumer behaviour and the search for markets for newly developed biological products are quite challenging activities for management specialists. All this presupposes the need to train specialists who can describe and explain the systems and processes of organizations and their management, social responsibility, and ethical behaviour, make reasonable and sustainable organizational management decisions, analyse unstructured problems, and propose solutions in business and public organizations and government institutions operating in bioeconomy sector.

Career opportunities

Possibilities of further studies or professional activities are discussed.

After completing their studies and obtaining bachelor’s degree in Business Management, graduates will be able to work:

• managers, project managers, management and organization analysts, sustainable management consultants, sales, marketing and development managers, market research analysts, sales managers, specialists in the bioeconomy sector in operational and public organisations;

• also work as group leaders, department administrators, program coordinators, advisors, consultants, evaluators, public relations specialists in government institutions (ministries, their departments, agencies, etc.) responsible for the development of the bioeconomy sector;

• create your own business.