Finance

The Finance study programme prepares financial specialists of companies operating in national and world markets capable to monitor, evaluate and manage financial system processes, conduct analysis of financial activities, and make financial decisions. This study programme should be chosen by those who are diligent and accurate as well as who likes mathematics.

Studies at Šiauliai State University of Applied Sciences can be combined with work – both in full-time and part-time modes. Individual solutions are sought on a case-by-case basis.

Why at Šiauliai State University of Applied Sciences?

During the studies, elective subjects are offered that strengthen professional skills of a financier in different sectors of the economy, such as financial institutions, businesses and the public sector. Students can study abroad or carry out practice in advanced foreign companies and organizations under the Erasmus+ exchange programme. Graduates work as financiers both for companies and organizations as well as financial institutions (almost 80% of graduates are easily employed after studies).

Further possible career paths

Access to professional activity

Graduates will be able to work as financiers, accountants, financial managers, financial consultants in companies and organizations, financial institutions, banks, financial departments of public institutions, tax inspectorate. After gaining experience, they will be able to work as financial analysts and heads of financial departments, start and develop their own business.

Access to further study

Studies can be continued at Lithuanian and/or foreign universities in business, management, economics, finance and accounting study fields programmes. After completion of bridge courses or fulfilling other requirements of the accepting institution, graduate gains access to the second cycle Master's degree studies. 

Study programme information

Mode and duration Full-time – 3 years, Part-time – 4 years
Study Programme national code 6531LX080
Scope of the study 180 credits (ECTS)
Language of instruction English, Russian
Field of education Business and Administration
Group of study fields Business and Public Administration
Study field Finance
Qualification degree and (or) qualification to be awarded Professional Bachelor of Business Management
Chairman of the Study Programme Committee The Head of Business and Accounting Department lecturer Erika Jonuškienė, email e.jonuskiene@svako.lt, tel. (+370 41) 52 50 51.
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Objectives of a study programme and intended learning outcomes

Objective of a study programme – to train financiers of enterprises and organizations capable to manage financial processes, evaluate the financial condition and performance results, prepare statistical, fiscal and financial accounts and budgets, business plans as well as to base the efficiency of the use of financial resources assessing the risk and to adapt (continuously learn) to the constantly changing environment.

Learning outcomes

Knowledge and its application

1. Will know fundamental theories and principles of mathematics, management, finance and accountancy, and will be able to apply them in practical activity
2. Will know and understand the functions of finance, the structure of national and international financial system, its processes, management peculiarities, types and role of financial markets, and will be able to apply acquired knowledge and perception when seeking business development
3. Will know and apply financial accountability regulating standard acts, methods of accounting and financial control, legal basics of environmental and human safety, the principles of code of ethics for professional accountants

Research skills

4. Will be able to carry out research by  selecting and applying qualitative and quantitative methods, process data, by taking advantage of modern information and computer technologies, and analyze and interpret the results

Special abilities

5. Will apply legal acts and other standard acts, regulating the activity of an organisation, financial accountability and taxation of the activity
6. Will be able to take advantage of modern information and computer technologies to summarize and systematize the data of economical and financial information for internal and external users
7. Will prepare financial statements, statistical, tax reports and declarations
8. Will analyze the indicators of organization’s financial, statistical and tax reports, evaluate financial condition and performance, assure financial control, provide recommendations for making financial and investment decisions
9. Will be able to collaborate when preparing organization budgets, business plans, substantiating the efficiency of financial resources usage and assessing the risk

Social abilities

10. Will be able to socialize with specialists and other individuals by logically delivering information, critically value problems and solutions, adapt to new situations, work in multicultural and multinational groups and organizations

Personal abilities

11. Will be able to perform project activity based on creativity, self-expression, innovativeness in rapidly changing and multinational environment
12. Will be able to individually learn lifelong in the sphere of professional activity, understand moral responsibility for the quality of own activity and the influence of its results on society, economical, cultural development, welfare and environment

 

Study subjects (modules) and practical training

Full-time study subjects and practices are presented here. Part-time studies last 4 years, the sequence of subjects may vary.

YEAR I 

YEAR II 

YEAR III 

Semester I

Semester III

Semester V

Basics of Accounting

Economics

Applied Mathematics

The Law

Management

Professional Language

Business and Finance Foreign Language

Physical Education

Economic Statistics Computerized Accounting Practice

Applied Research Methodology

Management Accounting

International Finance / International Business

International Financial

Communication Psychiology / Professional Communication

Free Elective Subject

Computerized Accounting Practice (subject / practice)

Innovation and Project Development and Management

Internal Control and Financial Audit

Public Sector Performance Analysis / Programmes Estimates and Projects

Free Elective Subject

Semester II

Semester IV

Semester VI

Environmental and Human Safety

Finance

Financial Accounting

Tax System

Marketing

Business Ethics and Social Responsibility

Business and Finance Foreign Language

Physical Education

Course Paper

Financial Activities Analysis of Enterprises (subject / practice)

Analysis of Financial Institutions Activities / Financial Markets

Economical Informatics Ekonominė informatika

Philosophy / Sociology

Free Elective Subject

Public Procurement

Public Sector Accounting public sector accounting

Pre-graduation Practice

Graduation Thesis