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Study at Vytautas Magnus University

Kaunas, Lithuania

Bioeconomy Business Management
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Bioeconomy Business Management

Bachelor at Vytautas Magnus University

Programme details
Degree: Bachelor (Bachelor)
Discipline: Economics
Duration: 48 months
ECTS points: 240
Study modes: full-time
Delivery modes: on-campus
University website: Bioeconomy Business Management
Annual tuition (EEA) 2,865 EUR
Annual tuition (non-EEA) 2,865 EUR
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Description:

Students studying in the new Bioeconomy Business Management program will acquire not only management, but also economic and technological knowledge, necessary in the period of economic transformation.

In order to develop the bioeconomy as a separate sector of the economy, business management specialists are needed who:

  • Have the knowledge and abilities necessary to manage and develop organizations.
  • Are familiar with management processes, technologies for the production, processing and conversion of biological resource.
  • Are able to perform management functions.
  • Understand the economic, political, legal and social context in global society, able to evaluate it and make management decisions in business and public organizations operating in the bioeconomy sector and government institutions responsible for the development of the bioeconomy sector.

The bioeconomy sector and the 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. Radical innovations are related to the introduction of new technologies and management processes, they cause a lot of uncertainty for existing business models and companies, and lead to the need to create new 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 circularity. Thus, innovation management becomes one of the cornerstones in the development of the bioeconomy sector. Secondly, the development of the 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.

Career Opportunities:

After obtaining a Bachelor's degree in Business Management, You will be able to work:

  • Managers, project managers, management and organization analysts, management consultants, sales, marketing and development managers, market research analysts, sales managers, public relations specialists in the bioeconomy sector in operational and public organizations.
  • As group leaders, department administrators, program coordinators, advisors, consultants, evaluators, experts, public relations specialists in government institutions responsible for the development of the bioeconomy sector.
  • Create your own business.
  • Continue studies at a master's degree, obtaining a master's degree in business management or other social sciences.

 


Learn more about this Bachelor programme

Find more information on the website of Vytautas Magnus University:

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