Course overview
Economics and Finance is a undergraduate (bachelor's) course in finance & accounting at Vytautas Magnus University in Kaunas, Lithuania. It takes 3 years (full time), with intakes in Autumn 2027 (non-EU deadline 1 May 2027).
Vytautas Magnus University is a public institution, ranked 751–760 in the world in the QS World University Rankings 2027. Read the full course description, modules and entry rules on the official course page.
Key highlights
| University | Vytautas Magnus University (Public) |
|---|---|
| Location | Kaunas, Lithuania |
| Course | Economics and Finance |
| Level | Bachelor's (undergraduate) |
| Subject area | Finance & Accounting |
| Duration | 3 years (full time) |
| Tuition per year | €3,400 (≈ ₹3.6 lakh) |
| Intakes | Autumn 2027 (non-EU deadline 1 May 2027) |
| English requirement | B2 English: IELTS 5.5–6.5, TOEFL iBT 87+, PTE Academic 59 or Duolingo 100–125 |
Interested in Economics and Finance?A counsellor checks your eligibility and helps you apply, free of charge.
Fees and costs
Tuition for international students is €3,400 a year, about ₹3.6 lakh. Over 3 years that is roughly €10,200 (≈ ₹10.8 lakh) before any yearly increase.
2027–28 non-EU fee approved by VMU's Rectorate (Senate approval pending)
Living costs near the university
| Cost | In EUR | Approx. in rupees |
|---|---|---|
| Baltija dormitory (Kaunas), two-bed roomAbout €165 a month (our calculation) | €6per day | ≈ ₹583 |
| Baltija dormitory (Kaunas), single roomAbout €210 a month | €7per day | ≈ ₹742 |
| Akademija dormitory, three-bed or renovated single room | €7–8per day | ≈ ₹689 – ₹848 |
| Vivulskis dormitory (Vilnius)Two-bed room in a block €4.50; renovated single €8 | €5–8per day | ≈ ₹477 – ₹848 |
| Typical monthly living costsVMU's estimate of total living costs | €300–1,000per month | ≈ ₹31,800 – ₹1.1 lakh |
| Application feeNon-refundable | €150one-off | ≈ ₹15,900 |
Living costs for Lithuania as a whole: €6,000–10,000 a year. Approximate exchange rates (based on ECB reference rates, March 2026). Actual rates on your payment date will differ.
Plan my monthly living costsEligibility
General entry requirements at Vytautas Magnus University for bachelor's courses. Some courses ask for more, so check the course page.
- Class 12 with a minimum 60% average (CGPA), plus transcripts.
- Documents must be notarised and apostilled, with official English translations bound to certified copies of the originals.
- If your Class 12 result is not ready by the deadline, send your latest transcript and a letter giving the expected date.
- Motivation letter of 1,200–3,000 characters and a CV in English.
- Apply on DreamApply (up to two programmes) and pay the €150 application fee. Non-EU deadline: 1 May 2027.
- Recognition of your documents takes up to 20 working days after everything is submitted.
English requirements
For this course: B2 English: IELTS 5.5–6.5, TOEFL iBT 87+, PTE Academic 59 or Duolingo 100–125.
| Test | What the university asks for |
|---|---|
| IELTS | 5.5–6.5 (the level varies by programme) |
| TOEFL iBT | 87–109 |
| PTE Academic | 59 |
| Duolingo English Test | 100–125 |
| Other / exemption | Cambridge First 161–180 and several others are accepted. VMU does not run its own English test. No certificate is needed if your previous studies were in English. |
Intakes
This course starts in: Autumn 2027 (non-EU deadline 1 May 2027).
Upcoming intakes and deadlines in LithuaniaHow to apply
- Check the entry requirements and the deadline on the official course page.
- Take IELTS, PTE or the test the university accepts, if you need one.
- Prepare your documents: transcripts, statement of purpose, recommendation letters and CV.
- Apply on the university's application portal and pay any application fee.
- Accept your offer, meet any conditions and pay the deposit.
- Apply for your student visa for Lithuania, then arrange accommodation.
Documents you'll need
- Passport valid at least 2 years from the date you apply
- Class 12 certificate and transcript (bachelor's) or degree and transcript (master's), apostilled
- Certified English translations of any non-English documents
- English certificate (not needed if your previous studies were in English)
- Motivation letter (1,200–3,000 characters) and CV
- Recent 3×4 cm photo
- Receipt for the €150 application fee
Scholarships
Tuition waivers for priority countries
Full-time bachelor's and master's taught in English
Value: 25%, 50%, 75% or 90% of tuition for the whole programme
Citizens of VMU's listed priority countries with a GPA of at least 85% and B2 English. India is not currently on the list, so check the new list each year.
Official pageWaiver for VMU bachelor's graduates
First full-time master's taught in English
Value: 25% off tuition
Graduates of a VMU bachelor's; no separate application.
Official pageWaiver for family members and former exchange students
Full-time bachelor's or master's taught in English
Value: 25% (family of VMU students or alumni) or 15% (former VMU exchange students)
Mention the family link in your application; former exchange students get it automatically.
Official pageTuition and accommodation fee reductions
Current students
Value: Up to 100% reduction
Not tied to nationality. Based on financial hardship, community activity or accommodation type, with a grade average of at least 8 (out of 10). Competitions run at the start of each semester.
Official page
About Vytautas Magnus University
Vytautas Magnus University (VMU, in Lithuanian VDU) was founded in Kaunas in 1922 as the University of Lithuania and renamed in 1930 after the medieval Grand Duke Vytautas the Great. The Soviet authorities closed it in 1950; it was re-established in 1989, just before independence, as a modern liberal arts university, and it still lets students mix subjects across faculties more freely than most Lithuanian universities.
VMU is a broad public university with faculties of economics and management, informatics, natural sciences, political science and diplomacy, humanities, social sciences, arts, law and theology, plus the Agriculture Academy and the Education Academy that joined it in 2019. Its strengths for international students are business, diplomacy and international relations, biotechnology and life sciences, informatics and environmental studies.
Similar courses
Finance & Accounting courses at other universities in Lithuania
- FinanceISM University of Management and Economics3 years plus a 6-month thesis (210 ECTS) · €7,140 / year
- EconomicsKaunas University of Technology4 years (full time) · €3,250 / year
- BSc EconomicsKlaipėda University3.5 years · €3,250 / year
- Finances and Investment Managementsmk-college-of-applied-sciences3 years · €3,800 / year
- Financial EngineeringVilnius Gediminas Technical University (VILNIUS TECH)3.5–4 years (full time) · €3,950 / year
- Economics and FinanceVilnius UniversitySee programme plan · €3,660 / year
More courses at Vytautas Magnus University
- Applied Informatics2 years (full time) · €6,000 / year
- Marketing and International Commerce2 years (full time) · €5,000 / year
- Business Administration4 years (full time) · €3,400 / year
- Informatics Systems4 years (full time) · €4,400 / year
- Accounting and Finance (master's)2 years (full time) · €5,000 / year
- Molecular Biology and Biotechnology2 years (full time) · €6,000 / year
FAQs
What is the fee for Economics and Finance at Vytautas Magnus University?
The tuition for international students is €3,400 a year (about ₹3.6 lakh). 2027–28 non-EU fee approved by VMU's Rectorate (Senate approval pending). Fees usually rise each year, so check the course page before you apply.
How long is Economics and Finance?
The course takes 3 years (full time).
What English score do I need?
B2 English: IELTS 5.5–6.5, TOEFL iBT 87+, PTE Academic 59 or Duolingo 100–125. Some universities also accept Class 12 English marks or other tests; confirm on the course page.
When can I start?
Intakes: Autumn 2027 (non-EU deadline 1 May 2027). Apply early: popular courses can fill up before the deadline.
Can Admission Mantra help me apply?
Yes. A counsellor checks your eligibility, helps you prepare your documents and statement of purpose, and guides you through the application and visa. The first conversation is free.
We researched this page on 23 Oct 2026 from the university's own pages. Fees, entry rules and intakes change every year; confirm them on the official course page before you apply. Listing a course doesn't mean Admission Mantra represents the university.