FINANCIAL ENGINEERING

Degree	Bachelor of Business Administration
Study form, lenght	Continual studies (4 years)
Study language	Lithuanian, English
Start	1st of September

Although the currency does not change, the monetary value is constantly fluctuating and will never be the same as it was yesterday. This value is determined by a number of factors, such as the political and economic situation of the country, consumer behavior, sometimes even the weather that has a significant impact on the markets for certain goods, as well as a myriad of other things.

Taking into consideration a constantly changing monetary value, the decision making process in business is greatly facilitated by the appropriately chosen investment model, which helps better assess and avoid the financial risks.

The aim of this study programme is to prepare specialists, who are able to apply IT and mathematical models for the decision making processes justified by possible changes in monetary value, avoiding risks and uncertainty in the field of finance.

The study programme is developed to promote the advanced financial engineering tools in Lithuania. Students of the programme acquire comprehensive knowledge of modern financial phenomena and sustainable development of financial system. In case they need to dig a ditch, the finance specialist may dig it with a spade, while the financial engineering specialist will definitely remember that this task may be facilitated by an excavator.

Any investment is to certain degree based on risk and there always is a possibility of failure. The success of the financial decisions is determined by both the human factor and computer system failures. Thus, every appropriately evaluated risk will not result in a huge future loss.

What skills will I gain?

Some key abilities and knowledge that Financial Engineering study programme helps students develop and acquire include:

The ability to apply quantitative research methods, data bases and software;
Knowledge of financial theory and finance management;
The ability to process, compare, analyze and evaluate financial data;
Knowledge of financial behaviour and investment principles;
Personal finance and finance management skills;
Bookkeeping, account management, investment, risk and personal finance management skills;
The ability to shape and assess financial alternatives of business decisions;
The ability to make effective and justified financial decisions;
The ability to understand, develop and apply financial innovations in business activities;
The ability to determine and forecast financial outcomes, make decisions in the context of uncertainty when developing, expanding and growing business value;
The ability to identify and apply both fundamental and innovative financial instruments.

What are my career perspectives?

Once you have graduated, you will be employable as:

An accountant, financial analyst in both international and national financial institutions;
A specialist at any company, enterprise, finance intermediary, and financial departments of other organizations;
A specialist at public institutions (State Tax Inspectorate, The Ministry of Finance);
A banking specialist;
An insurance broker;
A financial broker;
A specialist at a long term leasing company, credit union, investment funds, business.