MBA Entrepreneurship & Innovation - an ambitious 1 year intense program for ambitious people, seeking to transform their ideas into new entrepreneurial values.
MBA Entrepreneurship and Innovation study program has been designed to be personally and professionally transformative, the program‘s curriculum is developing leaders with ambition and innovative thinking who create unique, entrepreneurial and sustainable results for themselves, their organizations, and the global society |
Lithuanian Students | International Students | ||||
Applications will be available from May 2025 |
Study Program
MBA Entrepreneurship and Innovation - study program for those who recognize possibilities, create jobs, and generate added value.
Personal value - the programme is intended for people seeking to transform their idea into a business / start-up or Corporate value - for those responsible for product/service development and innovations in their organizations.
The VU BS MBA Entrepreneurship & Innovation has been designed to be personally and professionally transformative, the program‘s curriculum is developing leaders with ambition and innovative thinking who create unique, entrepreneurial and sustainable results for themselves, their organizations, and the global society.
The program integrates up-to-date theory, research, and practice via participative learning and teaching approaches, expert speakers, international company visits, international study visit and entrepreneurial projects.
In addition, this diverse, global and relevant MBA program offers a multinational environment, a strong entrepreneurship ecosystem, a value based price, small interactive and participatory class size and much more.
Schedule
Program implementation
Program duration: 1 year intense program.
Three in-person residential weeks: two weeks in Lithuania – one week at the beginning of each semester and one week in the Netherlands* at the end of the second semester.
Residential weeks are matched with online lectures, mentoring and consultations held in modules on these days:
Tuesday and Thursday online 6.00 PM - 9.00 PM (Lithuanian time)
Friday online 3 PM - 8 PM 2-3 times per month (Lithuanian time)
Residential Week face-to-face Monday/Friday 9.00 AM - 4.00 PM
*changes may occur
Open study program
*Lecturers and courses can be subject to change.
Admission requirements
- Strong motivation and availability/ability to acquire entrepreneurial competences.
- A bachelor’s degree.
- At least 3 years of business or management work experience.
- At least B2 level in English language.
Application and Selection Requirements
When applying to the MBA Program in Entrepreneurship & Innovation, you need to submit a copy of your bachelor’s diploma with an academic transcript, your CV, and a motivational letter in English, that should highlight your:
- Professional and educational background to date
- The reasons for choosing this program: what would be the role of this program in your future journey (linking with professional aspirations)
If your qualifications and motivation match the program, you will receive an invitation for an interview with the Admission Committee at Vilnius University Business School.
Financing
TYPE OF STUDY FINANCING FORM | TUITION FEE |
Own funded study place |
14 000 Eur/per year or 7 000 Eur per semester |
SPECIAL STUDY PRICE OFFERINGS* during all application cycles |
Special offers (up to 30% of the yearly tuition fee) are available for graduates of Vilnius University and Vilnius University International Business School, exchange students of Vilnius University, and Strategic Business Partners of Vilnius University Business School. |
MBA Entrepreneurship & innovation students can apply for 2000 Eur scholarship in the spring semester. *Each special study price application is considered individually. |
Alumni
MBA Entrepreneurship Alumni |
"I think one of the greatest strengths of the program was the diversity of the instructors, as well as the networking opportunities. As a foreign student, it provided me with a solid foundation of contacts in the Lithuanian and European business community. I was a student in the fall of 2020, spring 2021 - one of the most challenging times of the pandemic. I believe when a VU MBA class has a "normal" year of school, the above benefits are even stronger." Greg Gincauskas (USA), MBA Entrepreneurship alumni, |
"The one year MBA Entrepreneurship study gave me a door of knowing the business environment in Lithuania, the whole study journey is like a comprehensive start-up project consists of entrepreneurship knowledge clusters that can support you for building the business career locally. The peers we worked with are the top talents from their industry in Baltic countries, it is valuable to get to know their insightful ideas." Bo Peng (China), MBA Entrepreneurship alumni, |
"This academic year was a challenge, a changing journey, a strong experience, and an investment in myself. With the greatest joy and pride, I accepted the MBA Diploma in Entrepreneurship at the VUSB as an award for my conscious choice, courage, and authenticity. It opened up new horizons for me. The MBA Studies in Entrepreneurship is my best investment so far and a wonderful gift to myself." Dr. Marija Jakubauskienė, MBA Entrepreneurship alumni, Associate Professor @Vilnius University Faculty of Medicine |
"Every month I felt the professional in me become bigger, grow, and improve. Thank you for giving us new tools to broaden our horizons and to challenge us at all times, this has made us better people. Thanks to all the Professors who have followed us on this journey, for sharing with us their wonderful experiences, and for their availability, professionalism, and charisma. Thanks to all the staff of the VU Business School for never letting us miss anything, you are exceptional people." Mattia Riccio (Italy), MBA Entrepreneurship alumni |
"The value which the business has received with my knowledge is that we innovate faster, we skip the bad ideas faster, we have adapted the business model in the company, and we see the impact on the sales." Rapolas Danilevičius, MBA Entrepreneurship alumni, CEO @RDA spot |
"The biggest value of these studies is the change of your mindset to seeing bigger opportunities and using them. It makes you think the other way – dream big, conquer the world." Andrius Kočevas, MBA Entrepreneurship alumni, CEO @Nanologistics |
"The biggest impact for me was connections and the people I met, not only the students with whom I studied but the faculty as well." Kristina Rimšienė, MBA Entrepreneurship alumni, CEO @Jakovo veterinarijos centras |
Diploma
University studies shall be completed when all requirements of the chosen full-time study programme are fulfilled. Graduates of University study shall receive a diploma certifying hereof.
If students fulfill the first and second cycle full-time study programmes with especially high results, they are issued a special CUM LAUDE diploma. If students fulfill the second cycle full-time study programme or the integrated study programme with especially high results and have distinct scientific competence, they are issued a special MAGNA CUM LAUDE diploma.
Diploma Supplement which identifies study subjects, their content, and results, is issued together with diploma. Diploma Supplement is a document that complies with the model agreed by the European Commission, the Council of Europe and UNESCO/CEPES; it supplements a higher education, Master or Bachelor diploma with the data required for international academic and professional recognition, provides description of the nature and contents of the studies completed by its holder and gives details on the national higher education system.
Diploma Supplement is produced in Lithuanian and English and is issued to all graduates since 2006 automatically and free of charge as an integral part of the diploma.
Committee
Assoc. Prof., Dr. Jurgita Vizgirdaitė Chairman of the committee |
Visiting professor Dr. Doug Gilbert |
Prof., Dr. Christian Byrge |
Partnership Assoc. Prof. Martynas Kandzeras |
Yossi Shavit |
Representative of students – Andrius Kočevas Representative of social partners |
Representative of students Dr. Marija Jakubauskienė Representative of social partners |
Representative of students |