Transport Engineering Economics and Logistics
-
DepartmentFaculty of Transport Engineering
-
Program code6211LX057
-
Field of studyBusiness and Public Management
-
QualificationMaster of Business Management
-
Duration1.5
About
INFORMATION FOR 2025 ENTRANTS – the program will be renamed from "Transport Engineering Economics and Logistics" to "Logistics and Transport Management".
| Degree | Master of Business Management |
| Length | 1.5 years (3 semesters) |
| Study language | Lithuanian, English |
| Start | 1st of September |
| Entry Qualification | To this programme applicants are accepted from the fields of: Business studies, Management, Transport Engineering. |
Hybrid learning approach is applied in this study program. Hybrid learning is an educational model where some students attend class in-person, while others join the class virtually from home.
When the coronavirus crisis hit the world in early 2020, a huge number of businesses came to a standstill or even went bankrupt. Logistics supply chains have also been hit hard, but they have been able to adapt overnight and even discover new forms. Thus, aviation has been complemented by rail transport, and new supply and distribution channels have emerged.
The range of courier services has expanded significantly and the demand for these services has been on the rise, reaching an unprecedented level. The coronavirus crisis has forced people to fundamentally change their habits and make them appreciate their family, hobbies and work more rather than wasting time on in-store shopping.
The three main businesses in the economy are manufacturing, trade, transport and logistics. They can hardly survive without each other, in particular without transport and logistics that bind together all these businesses.
The aim of this Master's study program is to prepare specialists with an in-depth knowledge of the theories of transport, logistics, management and business sciences, market trends, research methodology, process analysis and problem solving methods.
Such professionals understand the theoretical problems in the field of transport and logistics, practical market processes in transport and logistics services and their causes, are aware of the possibilities of applying research methods and conducting research into these phenomena. Professional engineers have the ability to assess the impact of solutions on the environment, business and society, and have the potential to offer innovative options themselves.
The Master's study program in Logistics and Transport Management offers two specializations, those of Logistics supply chain management and Transport Logistics.
Transport Logistics. Transport sector is of paramount importance to the economy of any country. Sales of products, their shipment and logistics in local and international markets can either contribute towards a faster growth of a business growth or even lead to ruin.
Transport plays an important role not only in delivering goods to the place of destination required by consumers, but also in meeting the mobility needs of the population. This basically means organizing passenger transport via domestic and international routes.
The demand for specialists capable of organizing the transport of passengers or the delivery of goods by road, rail, air or sea across the world is constantly rising.
Students of this specialization will get acquainted with the latest scientific achievements and deepen their knowledge in the fields of transport, logistics, management technologies and business. They will also be trained to carry out and apply research in the field of logistics.
The specialization in Transport Logistics is offered in Lithuanian or English.
Logistics supply chain management. A logistics system is understood as the path of a product from the source of raw materials to the end-user, combining the movement of material flow through supply, production and distribution intermediaries. This "road" is called the logistics supply chain, the management of which is one of the biggest challenges in the transport and logistics business. To ensure successful economic development and the well-being of the population, logistics must enable products or passengers to be delivered to the right place at the right time, in the right quantity and while maintaining the quality of the transport process. Competing in global and rapidly changing markets benefits those who not only are able to meet their obligations on time, but also reduce costs as much as possible by maintaining and improving service quality and participating in the supply chain management process. Students of this specialization will also deepen their knowledge in the field of logistics supply chain organization and management, get acquainted with the latest theories, methods and technologies of passenger and freight transport, thus get acquainted with personnel management issues, assessing the specifics of supply chain activities. Graduates of the specialization will be able to conduct and apply research in the field of logistics supply chain management.
What competencies will I acquire?
The Master's study program in Logistics and Transport Management is designed to develop the following skills:
- to analyze and evaluate, as well as to solve transport and logistics problems;
- to efficiently organize and manage transport and logistics processes;
- to make and implement decisions in the face of various market and technological uncertainties;
- to analyze, evaluate and develop strategic perspectives for the transport and logistics business.
What are my possible career pathways?
- Working in state institutions and municipal subdivisions dealing with transport and logistics objectives, for example, the Ministry of Transport and Communications, the Lithuanian Transport Safety Administration, the Lithuanian Road Administration.
- Working in traffic safety oversight organizations, insurance institutions, freight and passenger transport companies and many other Lithuanian or international transport and logistics companies.
- Working as logistics managers, head of department in transport, trade, manufacturing companies and state institutions.
- Working as a manager in public and private companies.
- Setting up my own transport and / or logistics business.
- Pursuing doctoral studies.
Study subjects
1 Semester
obligatory
-
TILTM17347 9 credits
Research Methods in Logistics and Transport
Module aim
To provide theoretical knowledge about research methods and their application in order to perform qualitative analytical actions of selected objects. To facilitate the process of scientific synthesis.
Module description
The module is designed to introduce students in the masters program of applied research methods in logistics and transport, and use them correctly held a master’s thesis.
-
TILTM16340 6 credits
Transportation Services of International trade
Module aim
To assimilate the transportation service strategic planning, organizing and management principles interrelate and interface them with other functions of the firm.
Module description
The transportation influence to the economy and profitability of the company and the transport services tasks are analysed. Widely examined transportation role in logistics, overview of transportation providers, intermodal combinations, international dimensions of transportation, legal transportation regulation, freight forwarding of international transportation.Big attention is given to the logistics and transportation risk evaluation in the business contracts, shippers and carriers decision making, third-party logistics
-
TILTM16348 6 credits
Interoperability of Transport Modes
Module aim
To provide theoretical knowledge about intermodal freight transport interoperability opportunities, economic benefits and factors that influence the organization and management of such activities.
Module description
Students learn to analyze the interaction processes and their causal relationships in the intermodal freight transport system.
-
TILTM16131 6 credits
Human Resource Management in the Supply Chain
Module aim
Provide theoretical knowledge about human resource management principles, analyze it in accordance with general economics and transport sector aspects, as well as provide practical skills in order to evaluate situation and come up with enterprise personell solutions in supply chain.
Module description
Subject module is designed to provide theoretical knowledge about human resources in supply chain and its management, labour market, living standards and evaluation of actual socio – economic conditions; determination of human resourse demand, professional training systems, organization and management of personell, management styles and means, competences of manager and director.
-
TILTM17144 3 credits
Master Graduation Thesis 1
Module aim
Enable students to select thesis title corresponding to his/her study specialization issue. Upon agreement of the Academic supervisor, provide prerequisites for study and search of proper methodological and scientific literature.
Module description
Master’s degree study subject module Final Work 1 is designed to prepare student for proper Final thesis writing as well as formulation of selected scientific issue in the actual fields of Transport, Logistics or Freight Forwarding. The central attention is drawn to determination of the title, work plan and the search of relevant literature.
obligatory
-
TILTM17347 9 credits
Research Methods in Logistics and Transport
Module aim
To provide theoretical knowledge about research methods and their application in order to perform qualitative analytical actions of selected objects. To facilitate the process of scientific synthesis.
Module description
The module is designed to introduce students in the masters program of applied research methods in logistics and transport, and use them correctly held a master’s thesis.
-
TILTM16313 6 credits
Resource and Operation Management in Logistics
Module aim
To give some theoretical knowledge about the resources that might be important in logistics and operations related to those resources; to forma n understanding about the possibilities to apply recourse planning and operations management models, as well as to provide some practical knowledge to solve resource management and operation planning task in everyday companies life.
Module description
Subject is dedicated to provide and explain all the theoretical models related to recourse and operations, which are necessary to assure all the logistics activities in the enetrprise, planning and management. Also this subject is intended to form practical skills which could be useful and necessary to plan and manage all the companies resources and operations.
-
TILTM16115 6 credits
Warehouse and Inventory Management
Module aim
To give some theoretical knowledge about warehouse and inventory, to form an understanding about sub-systems in the warehouse, their activity, their interdependence and impact on warehouse performance, as well as to provide some practical skills related to application of certain methods for warehouse planning and inventory management.
Module description
Subject is dedicated to the provision of the main theoretical knowledge related to the warehouse, its sub-systems, and performance of sub-systems, main functions of sub-systems, interdependence between subsystems and their management as well as about inventory management. Also subject intends to form some practical knowledge related to application of exact methods for warehouse management and inventory management.
-
TILTM16340 6 credits
Transportation Services of International trade
Module aim
To assimilate the transportation service strategic planning, organizing and management principles interrelate and interface them with other functions of the firm.
Module description
The transportation influence to the economy and profitability of the company and the transport services tasks are analysed. Widely examined transportation role in logistics, overview of transportation providers, intermodal combinations, international dimensions of transportation, legal transportation regulation, freight forwarding of international transportation.Big attention is given to the logistics and transportation risk evaluation in the business contracts, shippers and carriers decision making, third-party logistics
-
TILTM17144 3 credits
Master Graduation Thesis 1
Module aim
Enable students to select thesis title corresponding to his/her study specialization issue. Upon agreement of the Academic supervisor, provide prerequisites for study and search of proper methodological and scientific literature.
Module description
Master’s degree study subject module Final Work 1 is designed to prepare student for proper Final thesis writing as well as formulation of selected scientific issue in the actual fields of Transport, Logistics or Freight Forwarding. The central attention is drawn to determination of the title, work plan and the search of relevant literature.
2 Semester
obligatory
-
TILTM17239 9 credits
Strategic Supply Chain Management (with course work)
Module aim
To enable students to master Supply Chain strategic planning, organization and management principles and interrconnect them with other Enterprise’s functions.
Module description
One of the objectives of Supply Chain Management is to ascertain implementation of good practice in order to obtain competitive supreriority. Application of principles and tools of Logistics and Supply Chain management may lead to competitive supreriority. It is Supply Chains, rather than Enterprises and production, are competing.
-
TILTM16243 6 credits
Financial Analysis and Management
Module aim
Evaluate enterprise economical-financial activity, prerequisites and conditions, possibilities in growing financial system. Adopt financial analysis and management mechanizm.
Module description
Theoretical basics of financial analysis. Evaluation of enterprise’s financial condition and operating effectiveness. Finance management. Investments, capital, risk, business crediting.
-
TILTM17349 6 credits
Transport System Analysis and Management
Module aim
To train supply chain management specialists who are able to comprehensively analyze and manage the functional components of the transport system, evaluate the external and internal relations of the transport system and logistics processes, know the economic, technical, technological, organizational and legal bases of the transport system, learn to use practical problem solving methods logistics strategies for the transport business, based on the principles of sustainable development and based on a focus on innovation and technological progress, capable of making systematic, critical and constructive thinking decisions in the field of transport.
Module description
This course introduces the main components of the transport system, their analysis. Students will be able to apply their knowledge in analyzing and optimizing complex transport system management tasks and ensure the smoothest possible operation of the transport system, applying the latest information technologies and foreign experience. Students will know the aspects of transport system management, understand the links between technological solutions and economic consequences, will be able to analyze the essential strategic plans.
-
TILTM17245 3 credits
Master Graduation Thesis 2
Module aim
Apply aquired theoretical knowledge and practical skills for the research of selected situation, phenomenon or process, as well as properly choose research methodology.
Module description
Subject module “Final Work 2” is a consecutive of the subject module “Final Work 1” and is designed to prepare student for the research of the chosen scientific issue, which is relevant to Transport or Logistics Businesses.
obligatory
-
TILTM17239 9 credits
Strategic Supply Chain Management (with course work)
Module aim
To enable students to master Supply Chain strategic planning, organization and management principles and interrconnect them with other Enterprise’s functions.
Module description
One of the objectives of Supply Chain Management is to ascertain implementation of good practice in order to obtain competitive supreriority. Application of principles and tools of Logistics and Supply Chain management may lead to competitive supreriority. It is Supply Chains, rather than Enterprises and production, are competing.
-
TILTM17350 6 credits
Purchasing Management
Module aim
The aim of this course is to provide students with a knowledge and understanding of key principles and theories of purchasing and supply management, and the role of this in the particular organisation in a wider context of global complex supply chains.
Module description
Understand established principles, theories and practices of purchasing and supply management, critically evaluate these, and link to various aspects of performance of organization. Understand and explain purchasing management processes, supply strategies and supplier relationships in various contexts.
-
TILTM17207 6 credits
Reverse Logistics
Module aim
Provide theoretical knowledge about Reverse Logistics; form comprehension about its importance in the Context of Business system; Provide theoretical knowledge about Reverse Logistics Strategies and practical skills connected with its application possibilities.
Module description
Subject Module is designed to provide theoretical knowledge about Reverse Logistics, its concept, activity organization strategies, performed functions, Importance in the Context of Business system, practical skills connected with strategical application possibilities of Reverse Logistics.
-
TILTM17245 3 credits
Master Graduation Thesis 2
Module aim
Apply aquired theoretical knowledge and practical skills for the research of selected situation, phenomenon or process, as well as properly choose research methodology.
Module description
Subject module “Final Work 2” is a consecutive of the subject module “Final Work 1” and is designed to prepare student for the research of the chosen scientific issue, which is relevant to Transport or Logistics Businesses.
one of the following
-
TILTM16114 6 credits
Quality Management Systems in Transport
Module aim
To know theoretical aspects of quality management systems, to understand theoretical and practical peculiarities of application of quality management systems in transport enterprise, to be able to analyze, systematize and evaluate processes taking place in transport enterprise according to the principles of quality management systems.
Module description
Subject is dedicated to provide some knowledge related to quality management systems, their theory and application possibilities in transport enterprises. Subject examines quality management systems of ISO 9000 standard and other similar standards, also analyzes structure, application and certification aspects of mentioned before quality management systems.
-
TILTM16230 6 credits
Economics of Transport Services
Module aim
Provide theoretical knowledge about Economics of Transport Services, its principles, form understanding about evaluation of Economics of Transport Services as well as provide practical skills connected with analysis and solution methods within enterprise arising from dynamic conditions at national and international levels.
Module description
Subject module is designed to form theoretical knowledge about principles of Economics of Transport services, competitiveness of Business entities that are providing Transport services; Evaluation of changes in the Market, Profitability of Transport activities, possible business development and practical skills, connected with methods of Economics of Transport Services.
one of the following
-
TILTM16114 6 credits
Quality Management Systems in Transport
Module aim
To know theoretical aspects of quality management systems, to understand theoretical and practical peculiarities of application of quality management systems in transport enterprise, to be able to analyze, systematize and evaluate processes taking place in transport enterprise according to the principles of quality management systems.
Module description
Subject is dedicated to provide some knowledge related to quality management systems, their theory and application possibilities in transport enterprises. Subject examines quality management systems of ISO 9000 standard and other similar standards, also analyzes structure, application and certification aspects of mentioned before quality management systems.
-
TILTM16230 6 credits
Economics of Transport Services
Module aim
Provide theoretical knowledge about Economics of Transport Services, its principles, form understanding about evaluation of Economics of Transport Services as well as provide practical skills connected with analysis and solution methods within enterprise arising from dynamic conditions at national and international levels.
Module description
Subject module is designed to form theoretical knowledge about principles of Economics of Transport services, competitiveness of Business entities that are providing Transport services; Evaluation of changes in the Market, Profitability of Transport activities, possible business development and practical skills, connected with methods of Economics of Transport Services.
3 Semester
obligatory
-
TILTM16346 24 credits
Master Graduation Thesis
Module aim
Having applied theoretical knowledge and practical skills, student is to perform generalization of the conducted research results; On the basis of the results student is to suggest legitimate solution to the analyzed issue.
Module description
Subject module “Final Work” is a consecutive of the subject module “Final Work 2” and is designed to prepare student for generalization and formulation of the selected scientific research results.
-
TILTM16118 6 credits
Transport Policy and Innovations
Module aim
Make acquainted with the elements and tools of transport policy and innovations. Introduce the main criteria of their planning and implementation at various levels of decision making processes.
Module description
The concept and main elements of transport policy and innovations. The impact of transport activities to the economy and public welfare. The role of transport policy and innovative measures in decision making process at the international, national and local levels. The impact of transport infrastructure financing and pricing policy to the activities of transport sector. The use of EU structural assistance for the improvement of transport competitiveness. The main provisions of the EU and Lithuanian transport policy. The role of inteligent transport systems in innovation planning and implementing processes. The aspects of traffic safety and environment protection in transport policy.
obligatory
-
TILTM16346 24 credits
Master Graduation Thesis
Module aim
Having applied theoretical knowledge and practical skills, student is to perform generalization of the conducted research results; On the basis of the results student is to suggest legitimate solution to the analyzed issue.
Module description
Subject module “Final Work” is a consecutive of the subject module “Final Work 2” and is designed to prepare student for generalization and formulation of the selected scientific research results.
-
TILTM16118 6 credits
Transport Policy and Innovations
Module aim
Make acquainted with the elements and tools of transport policy and innovations. Introduce the main criteria of their planning and implementation at various levels of decision making processes.
Module description
The concept and main elements of transport policy and innovations. The impact of transport activities to the economy and public welfare. The role of transport policy and innovative measures in decision making process at the international, national and local levels. The impact of transport infrastructure financing and pricing policy to the activities of transport sector. The use of EU structural assistance for the improvement of transport competitiveness. The main provisions of the EU and Lithuanian transport policy. The role of inteligent transport systems in innovation planning and implementing processes. The aspects of traffic safety and environment protection in transport policy.
Statistics
| Metric | Value |
|---|---|
| Enrolled students | 13 |
| Enrolled to FT | 13 |
| Min FT grade | 8.62 |