Financial Management - MRU

Financial Management

Field of study Finance
National Code 6121LX048
Degree awarded Bachelor of Business Management
Duration 3,5 years
Language English

Have you ever dreamed of working in a bank or an investment firm? Would you like to take responsibility for managing business finances or maybe you see yourself in a role of start up project participant responsible for financing decisions? Have you ever wondered how the financial world collapsed and then rose again? Do you seek understanding of digital and traditional financial processes?

If the answer to at least one of the questions is yes, wonder no more what to study, but consider picking financial studies for your bachelor degree. The Financial Management is needed as financial industry is evolving extremely fast, with new financial services being offered every day. By obtaining a world-class university education in the field of finance, you will have a chance to become a full-fledged participant in this industry.

Study in Lithuania, a country that fin-tech and e-business companies have chosen as their hub, due to the presence of world’s faster internet. Study in Vilnius, the country’s capital, where MRU is located and where your future potential employers are based. And best yet, study in English and hone your language skills to become fluent in the most spoken language in the world of finance. To take full advantage of your studies in English, you must command the language at B1 level.

Financial Management 3,5 – year study programme encompass everything you need to become fully versed in the financial processes: from basics of accounting and economics to financial and real investment and financial instruments. Upon graduating, you will be able to work as a financial manager or analyst, a financial services broker, an investment manager, a risk governor and many other roles.

Additionally, with our Erasmus+ program, you will be able to study abroad, take an internship in another European university and expand your knowledge of international finance. At the end of your studies, you will be awarded a bachelor degree and 210 ECTS credits.

As an upstarting finance specialist, you know that great investments bring greater returns when done right. At MRU, you can make a great investment by choosing our affordable studies. We have scholarships available for many students and more information on that can be found here. We also provide help with visas and residence permits for all international students.

Check out our Financial Management lecture content below and decide if this program is best for you. Contact us if you have more questions. If not, hit that Apply now button and get your degree started!

Find out 6 Reasons to Study in Lithuania!

Relevant information
Study Content

STUDY PROGRAMME PLAN

Course units

ECTS credits

1st YEAR

60

1 SEMESTER

30

Compulsory course units

30

Fundamentals of Law

6

Mathematics

6

Basics of Accounting

6

Introduction to Studies

3

Microeconomics

6

Professional Foreign Language (English / French / German) 1

3

2 SEMESTER

30

Compulsory course units

30

Philosophy

6

Fundamentals of Finance

6

Macroeconomics

6

Theory of Probability and Mathematical Statistics

6

Professional Foreign Language (English / French / German) 2

3

Fundamentals of Management

3

2nd YEAR

60

3 SEMESTER

30

Compulsory course units

30

Quantitative Decision Methods in the Social Sciences

6

Databases

6

Public Finances and Activity of Taxes Institutions

6

Financial Markets and Institutions

6

Commercial Law

6

4 SEMESTER

30

Compulsory course units

30

Business Finance

6

Credit Market Participants

6

Payment Services Market

6

Insurance

6

Elective Study Subject

6

3rd YEAR

60

5 SEMESTER

30

Compulsory course units

24

Investment Project Management

6

Finance and Tax Law

6

Public Institutions Finance

6

Introduction to Research Methodology

6

Alternatively elective course units

6

Economic Policy in the European Union

6

European Union Finance Law

6

6 SEMESTER

30

Compulsory course units

30

Financial Markets and Institutions Regulation

6

Private Banking

6

Financial and Real Investments

6

Financial Risk Management

6

Practice I

6

4th YEAR

30

7 SEMESTER

30

Compulsory course units

24

Bachelor Thesis

15

Practice II

9

Alternatively elective course units

6

International Finance

6

Marketing of the Financial Services

6

Study Results

General competences and learning outcomes

  1. Personal and Social abilities
  • Ability to learn independently and plan the learning process by selecting the forms of formal and non-formal learning that are necessary for efficient professional activities and continuation of studies in a higher study cycle.
  • Ability to understand and correctly apply the financial professional’s relevant ethical requirements.
  • Ability to convey knowledge and understanding of financial analysis and risk assessment related to financial services and products for professionals and private individuals in accordance with professional ethics and citizenship.

Subject specific competences and learning outcomes

  1. Knowledge and its application
  • Ability to apply the fundamental financial, accounting, legal, economic and ethical knowledge and theoretical provisions when analyzing and evaluating the financial system development trends as well as implementing decisions relevant for personal and business finance management or financial institutions sector.
  • Ability to apply mathematical and statistical methods and information technologies relevant for the area of finance.
  1. Research skills
  • Ability to understand the accounting principles and methods used to systematize and provide financial information to external and internal users; ability to select adequate research methods to analyze this information and to assess the organization’s prospects.
  • Ability to understand the patterns of the financial industry interaction with the external environment and ability to analyze the financial markets, financial institutions, and enterprises in the context of the changes taking place.
  • Ability to select adequate research methods to examine the peculiarities of the functioning of public finances and the actions of financial sector supervisors.
  • Ability to understand the core of the financial risk expression in the financial sector and ability to evaluate it by applying the relevant methods.
  • Ability to identify and analyze financial problems occurring in the business, public sector, financial institutions or for households, by assessing a broader economic, legal and political context and using adequate sources of information and methods of analysis.
  1. Special abilities
  • Ability to analyze and assess the organization’s financial condition, correctly and in accordance with the procedure laid down to provide adequate information to internal and external users.
  • Ability to analyze and forecast the organization’s cash flows and budgets and to execute financial control.
  • Ability to identify and solve problems of provision of financial services as well as acquisition of these services using knowledge of financial analysis of financial institutions, business or households.
  • Ability to plan, organize, perform and evaluate businesses, public sector organizations or individuals lending, investment, financing, financial risk insurance solutions.
Study Organization

Due to the delay in visa issuance and related procedures, the courses of the autumn semester will be delivered online in a hybrid mode starting from the 2nd of September following the published schedule until the end of October. When all students (100%) in the program arrive in Lithuania, the hybrid mode of course delivery will be switched to face-to-face or mixed study mode if this mode is envisaged in the program. If you are unable to arrive until the end of October, you are encouraged to contact a relevant academic department for a personal evaluation of your situation and permission to continue your studies online until you can arrive to Lithuania.

Full-time studies on Campus are organized on weekdays from 9:00 to 16:00.

Admission Steps
  1. Choose a study programme
  2. Fill in the application form at apply.mruni.eu
  3. Pay the non-refundable application fee of 100 euros
  4. Receive your application evaluation results
  5. Confirm your acceptance by paying the first-year tuition fee
  6. Sign the study contract and receive your admission letter
  7. Start visa application procedure
  8. Register to studies
Admission Requirements

Required documents:

  • Secondary education diploma or equivalent including final grades
  • Document proving English language level
  • Motivational letter
  • Passport copy

Additional educational documents might be required depending on the country of residence.

By submitting the documents applicant agrees for one’s information to be shared with other institutions that the University might refer to while processing the academic verification.

Applicants might be asked to participate in additional knowledge evaluation.

English Language Requirements

Required level – B1

Assessments of English language proficiency certificates equivalent to level B1:

  • TOEFL Paper 477-510
  • TOEFL IBT 53-64
  • IELTS 4.5-5.0
  • PTE level 3

If you do not have a certificate proving your English language proficiency level, you can take the University Online English language level test. You will be able to choose this option while filling in the application. The test is free of charge.

Certificate is not required if your native language is English or if your previous studies were conducted fully in English language.

Documents Legalization
  • If the original educational documents/transcripts are in English, Lithuanian or Russian with an apostille (if required) on the scanned original, no translation needed.
  • If original educational documents/transcripts are not in English, Lithuanian or Russian languages, then they have to be supplemented with an official translation.
  • The official translation has to be confirmed with the sworn translator’s signature or official notarization.
  • Accepted students shall present their original educational documents/transcripts to the International Office upon arrival to begin their studies.

 

 

Country Specific Requirements

Detailed information here.

Country Documentation requirements
Armenia Mijnakarg Yndhanur Krtoutian Attestat

 

  1. Mijnakarg Yndhanur Krtoutian Attestat
  2. Document of Unified State Examination Results (Единые госэкзамены) for admission to higher education institutions in Armenia
Azerbaijan                 Orta təhsil haqqżnda attestat

 

  1. Orta təhsil haqqżnda attestat
  2. Official results of the state examination for admission to higher education institutions in Azerbaijan organised by TQDK or DIM
Bangladesh Higher Secondary Certificate

 

  1. Higher Secondary Certificate
  2. Academic Transcript of the Higher Secondary Certificate
  3. Secondary School Certificate
  4. Academic Transcript of the Secondary School Certificate
Belarus Atestat

 

  1. Atestat (атэстат аб агульнай сярэдняй адукацыi);
  2. a letter issued by the school providing information on the results of the passed school leaving examinations.
Cameroon General Certificate of Education

    1. Original General Certificate of Education (ordinary and advanced levels).
    2. the official statement of General Certificate of Education (ordinary and advanced levels) posted directly to Mykolas Romeris University, Ateities str. 20 LT-08303 Vilnius, Lithuania, Lithuania by Cameroon General Certificate of Education Board in a sealed and stamped envelope.
    3. Documents attesting to any periods of post-secondary education (if any).
China Senior Secondary School

 

  1. Senior Secondary School Graduation Certificate issued jointly by the school and local department of education
  2. Academic transcript for the last three years issued by the school
  3. Verification report in English for the Huikao or the new Academic Proficiency Test (Xueye Shuiping Ceshi/Kaoshi) results issued by CHESICC (www.chsi.com.cn/en/)
  4. Verification report in  English for the Chinese National University Entrance Examination (GaoKao) issued by CHESICC (www.chsi.com.cn/en/)

 Please refer to General Documentation Requirements for more information.Please note that all documents issued in Chinese should be supplemented with an official translation into English, Russian, or Lithuanian. A translation is considered to be official when it is bound to a certified true copy of the document in the original language and is attested by the translator’s signature.
Higher Education

  1. Degree Certificate (original or certified true copy)
  2. Graduation Certificate (original or certified true copy)
  3. Academic Transcript (original or certified true copy)
  4. Verification reports in English for the degree certificate issued by the China Academic Degrees & Graduate Education Development Centre (http://cqv.chinadegrees.cn/ )

Please refer to General Documentation Requirements for more information.Please note that all documents issued in Chinese should be supplemented with an official translation into English, Russian, or Lithuanian. A translation is considered to be official when it is bound to a certified true copy of the document in the original language and is attested by the translator’s signature.

Congo (Democratic Republic of) Secondary Education

 

  1. Diplome d’Etat (original)
  2. Bulletin for the last 3 years of schooling (original)
Denmark Secondary EducationBevis for Studentereksamen orBevis for Højere Teknisk Eksamen orBevis for Højere forberedelseseksamen orBevis for Højere handelseksamenPlease note that all documents issued in Danish should be supplemented with an official translation into English, Russian, or Lithuanian. A translation is considered to be official when it is bound to a certified true copy of the document in the original language and is attested by the translator’s signature.
Egypt Thanawiyya al-A’aamaI

 

  1. General Secondary Education Certificate (Thanawiyya al-A’aamaI) as issued in Arabic
  2. official General Secondary Education Certificate examination results completed after 12 years of education indicating all the subjects and grades earned issued in English and by the Ministry of Education and legalised by the Lithuanian Embassy in Egypt https://eg.mfa.lt/en (original)
Estonia Gümnaasiumi Lõputunnistus

 

  1. Gümnaasiumi Lõputunnistus
  2. Hinneteleht
  3. Riigieksamitunnistus

Please note that documents issued in Estonian should be supplemented with an official translation into English, Russian, or Lithuanian. A translation is considered to be official when it is bound to a certified true copy of the document in the original language and is attested by the translator’s signature.There is no need to apply for recognition of credentials issued starting from 2019 as they are recognised automatically.

France Baccalauréat 

 

  1. Diplôme du Baccalauréat
  2. Relevé de Notes

Please note that all documents issued in French should be supplemented with an official translation into English, Russian, or Lithuanian. A translation is considered to be official when it is bound to a certified true copy of the document in the original language and is attested by the translator’s signature.

Ghana Senior Secondary Certificate

 

  1. original WAEC Senior Secondary Certificate (please note that we do not accept certificates issued by third parties, such as schools)
  2. Result Checker Card’s serial number and pin code for us to be able to check your examination results online at ghana.waecdirect.org
India Senior Secondary Examination Certificate

 

  1. Secondary school (X) certificate with mark sheet
  2. Apostilled original senior secondary (XII) examination certificate with mark sheet

Higher Education Qualifications

  1. Apostilled original degree certificate
  2. Apostilled original consolidated mark sheet
International Baccalaureate International Baccalaureate

 

  1. Diploma of the International Baccalaureate
  2. International Baccalaureate programme results certificate
  3. The login details to enable SKVC to check the examination results online at http://www.ibo.org/
Ireland  Leaving Certificate 

 

  1. Leaving Certificate (Provisional certificates are accepted only for current graduates)  
Italy Diploma

 

  1. Diploma
  2. Certifica (Esame di Stato)
  3. A document issued by the school and providing information on the following:
  • detailed grades of final examination (grades by subjects)
  • marks obtained at the end of the last year of schooling (e.g.Pagella scolastica)
Kazakhstan Аттeстат жалпы орта білім туралы   

 

  1. Аттeстат жалпы орта білім туралы
  2. Жалпы орта білім туралыаттeстатка косымша
  3. Ұлттық бірыңғай тестілеу Сертификат (Unified National Testing Results Certificate) or Кешенді тестілеу Сертификат (Complex Testing of applicants Results Certificate)
Kyrgyzstan Жалпы орто билим женунде аттестат (аттестат о среднем общем образовании)

 

  1. Жалпы орто билим женунде аттестат (or other equivalent document)
  2. Appendix (жетишкен бааларынын жыйынтык) to the Жалпы oрто билим женунде аттестат
  3. Document on Results of National Test (Жалпы республикалык тестирлөө/Общее тестирование) rganized by Центр оценки в образовании и методов обучения
Latvia Atestāts par vispārējo vidējo izglītību 

 

  1. Atestāts par vispārējo vidējo izglītību
  2. Sekmju izraksts
  3. Vispārējās vidējās izglītības sertifikāts

There is no need to apply for recognition of credentials issued starting from 2019 as they are recognised automatically.

Nepal Higher Secondary Examination Certificate

 

  1. Original Higher Secondary Examination Certificate attested by the National Examinations Board (NEB) and legalised by the Ministry of Foreign Affairs of Nepal
  2. Original Higher Secondary Examination Academic Transcript attested by the National Examinations Board (NEB) and legalised by the Ministry of Foreign Affairs of Nepal
  3. School Leaving Certificate
  4. School Leaving education academic transcript
Nigeria

Senior School Certificate

  1. WAEC or NECO Senior School Certificate; Please note that we do not accept certificates issued by third parties, such as schools.
  2. Scratch Card serial number and pin code for us to be able to check your examination results online. Your results must be available at www.waecdirect.org or mynecoexams.com/results/
  3. Official Academic Transcript of Higher Education Qualification (post- secondary ND or Bachelor studies at least one year workload).

 

Higher Education Qualifications

  1. Diploma
  2. Official Academic Transcript (original or certified true copy) scanned and e-mailed from official university email address to recognition@mruni.eu or posted directly to the Mykolas Romeris University (International Admissions, Ateities str. 20, LT-08303 Vilnius, Lithuania) in a sealed and stamped envelope.
Pakistan Higher Secondary Certificate:

 

  1. Higher Secondary School Examination Certificate attested by the Inter Board Committee of Chairmen (IBCC) and the Ministry of Foreign Affairs (original)
  2. Higher Secondary School Examination Certificate Statement of Marks attested by the Inter Board Committee of Chairmen (IBCC) and the Ministry of Foreign Affairs (original)
  3. Secondary School Examination Certificate attested by the Inter Board Committee of Chairmen (IBCC)
  4. Secondary School Examination Certificate Statement of Marks attested by the Inter Board Committee of Chairmen (IBCC)

Higher Education Qualifications:

  1. Diploma attested by the Higher Education Commission and the Ministry of Foreign Affairs
  2. Full Academic Transcript attested by the Higher Education Commission and the Ministry of Foreign Affairs
Poland Świadectwo Dojrzałości

 

  1. Świadectwo Dojrzałości
  2. Świadectwo ukończenia
Philippines Secondary Education

 

  1. Diploma supplemented with an Authentication Certificate issued by the Department of Foreign Affairs
  2. Secondary Student’s Permanent Record (Form 137-A) supplemented with an Authentication Certificate issued by the Department of Foreign Affairs
Russia Attestat 

 

  1. Attestat (Аттестат о среднем (полном) образовании)
  2. Appendix to attestat
  3. Certificate Unified State Examination Results Certificate (Свидетельство о результатах единого государственного экзамена)
Georgia (Sakartvelo) Secondary education

 

  1. Secondary School diploma (Sashualo Skolis Atestati) or General Education Diploma (Sruli zogadi Ganatlebis Atestati)
  2. Results of the Unified National Examinations (Ertiani Erovnuli Gamocdebi)
South Korea Secondary Education

 

  1. Certificate of Graduation and Academic Transcript issued in English and sent directly to our office in a sealed and stamped envelope by the school;
  2. Results of the Korean College Scholastic Ability Test (if you have not taken the test, you should notify us).

Higher Education

  1. Certificate of Graduation and Transcript posted directly to our office by the higher education institution in a sealed and stamped envelope.
Spain Título de Bachiller

 

  1. Título de Bachiller
  2. An examination certificate (Prueba de Acceso a la Universidad) (if taken)
  3. Academic Certificate (Historial Académico de Bachillerato/Certificación official)

Please note that documents issued in Spanish should be supplemented with an official translation into English, Russian, or Lithuanian. A translation is considered to be official when it is bound to a certified true copy of the document in the original language and is attested by the translator’s signature.

Sri Lanka General Certificate of Education (Advanced Level)

 

  1. Official statements of General Certificates of Education (Ordinary Level and Advanced Level) posted directly to Centre for Quality Assessment in Higher Education, A. Goštauto g. 12, LT-01108, Vilnius, Lithuania by the Department of Examinations in a sealed and stamped envelope
Sweden Examensbevis

 

  1. Examensbevis
Tajikistan Шаходатнома дар бораи тахсилоти миёнаи умумй (свидетельство об общем среднем образовании)

 

  1. Шаходатнома дар бораи тахсилоти миёнаиумумй
  2. Appendix (табели чамъбасти бахохои азхудкунй) to the Шаходатнома дар бораи тахсилоти миёнаи умумй
  3. Official results of the centralized examination for admission to higher education institutions in Tajikistan organised by National Testing Centre (Маркази миллии тестӣ)
Turkey Lise Diplomasi

 

  1. Lise Diplomasi
  2. Transcript providing information on the last 4 years of study
  3. Results of taken YKS (from 2018), YGS and/or LYS examinations or previously organised centralised admission examinations
Turkmenistan            Şahadatnama orta blim hakynda (Аттестат о полном среднем общем образовании)

 

  1. Şahadatnama orta blim hakynda (or other equivalent document)
Ukraine Aтeстат прo повну загальну серeдню освiту

 

  1. Aтeстат прo повну загальну серeдню освiту
  2. Додаток до атестата
United Kingdom General Certificate of Education – Advanced Level (A level)

 

  1. General Certificate of Education (or another qualification comparable to at least 2 A levels)
United States High School Diploma

  1. Diploma
  2. Official academic transcript submitted in a sealed and stamped envelope to Mykolas Romeris University (International Admissions, Ateities str. 20, LT-08303 Vilnius, Lithuania).
  3. ACT, SAT, or AP examination results submitted in a sealed envelope to Mykolas Romeris University (International Admissions, Ateities str. 20, LT-08303 Vilnius, Lithuania).
  4. Documents attesting to completion of any postsecondary education (if applicable).

Higher Education

  1. Diploma
  2. Official academic transcript submitted in a sealed and stamped envelope to Mykolas Romeris University (International Admissions, Ateities str. 20, LT-08303 Vilnius, Lithuania).
Uzbekistan Ўрта маълумот тўгрисида Шаходатнома (Аттестат о полном среднем общем образовании)

 

  1. Ўрта маълумот тўгрисида Шаходатнома
  2. ўзлаштириш бўйича якуний бахолартабели to the Ўрта маълумот тўгрисида Шаходатнома
  3. Official results of the centralized examination for admission to higher education institutions in Uzbekistan organised by National Testing Centre  (Государственного центра тестирования (ГЦТ))
Qualification Recognition

Recognition of Foreign Qualifications

  • The evaluation and recognition of prior qualifications is a part of Mykolas Romeris University (MRU) admissions process.
  • By submitting the online application you confirm that the documents are legitimate and that MRU can verify the authenticity of the documents by contacting its issuing authority and national ENIC/NARIC centre.
  • Documents uploaded must be in good condition and in full colour. Documents issued in languages other than English, Russian, or Lithuanian must be accompanied with an official translation into English or Lithuanian. 
  • Before you apply make sure that you have a complete documentation package and that your qualifications are giving access to higher education according to the study programme level you are applying for at the MRU.  

Recognition Criteria

  • The purpose of an assessment is to compare a foreign qualification with a similar level qualification awarded in Lithuania according to quality, profile, content, workloads and learning outcomes.
  • Your qualification will be assessed according to specific requirements for the programme you are applying for and whether your academic results are sufficient for studies at the MRU.

Right to Appeal

Recognition decisions can be appealed against to the Academic Recognition of Foreign Qualifications Concerning Higher Education Appeal Committee under the Lithuanian Ministry of Education and Science.

All appeals with supporting documents must be submitted to:
Centre for Quality Assessment in Higher Education
Ph.: +37052104778
Email: recognition@skvc.lt 
Address: SKVC, A. Goštauto st. 12, LT-01108, Vilnius, Lithuania

The procedure of evaluation and recognition of academic qualifications

Fees

Application fee (non-refundable):

  • for Non-EU citizens – €100
  • for EU citizens and MRU Alumni – €50

Tuition fee (EU/Non-EU citizens) per 1 academic year: €2704 (academic year 2022-2023)

Payment information will be provided in the invoices issued in your online application form.

Student continues to pay the same tuition fee which was implied at the time of the admission.

Deadlines

January 1st, 2022 – July 1st, 2022 – for applicants from non-EU/EFTA countries

January 1st, 2022 – August 15th, 2022 – for applicants from EU/EFTA and countries that have a Lithuanian Embassy or who do not need visa for arrival to Lithuania

Contact Us
International Admissions Office
Ateities str. 20, LT-08303 Vilnius, Lithuania
 
E-mail: study@mruni.eu
Phone: +37052714674 
WhatsApp: +37065646682
Office: I-404
Programme's recommendations
Programme's partners
Other study programs in this field