Bachelor in Business Management and Startup Building
Mykolas Romeris University
Key Information
Campus location
Vilnius, Lithuania
Languages
English
Study format
On-Campus
Duration
3 years
Pace
Full time
Tuition fees
EUR 2,954 / per year
Application deadline
Request info *
Earliest start date
Request info
* for applicants from EU/EFTA and countries that have a Lithuanian Embassy or who do not need visa for arrival to Lithuania
Introduction
The sky isn’t even the limit for those who understand the emerging worlds of innovation and entrepreneurship. Everyone who wants to explore the power of change, to make a good idea great in reality, can make an excellent start at Mykolas Romeris University.
The first year can be seen as a basic starter pack for tomorrow’s entrepreneurs. We start with the skills of presenting an idea well because a lot of geniuses go unnoticed in the world simply due to an inadequately communicated idea. Students work with the latest world frameworks such as Lean Start-up Methodology, Lean Business Model Canvas, Google Sprint, Design Thinking, etc. They learn how to validate the idea quickly and at a low cost. Students learn how to identify opportunities and obstacles in business entrepreneurship. Furthermore, students are immersed in all the business basics of running a startup: Lean business models, business validation, business plan preparation, unique sales proposition identification, emerging technologies, etc.
The second year dives deeply into building a Lean startup organization while learning essential tech and analytical skills. The objective of this academic year is to find the elusive product/market fit and build an MVP. Students are expected to talk to potential customers, learn essential sales techniques, become able to find and test various customer acquisition channels and develop effective messaging and positioning. Teams will be expected to execute their sales and marketing plans, define and build an MVP, and test it with early customers. Students will learn essential tech skills needed for a modern entrepreneur. By the end of the year, students will have an MVP that’s not only validated using frameworks but also tested with early customers. Throughout the process, the teams are assisted by mentors and take advantage of opportunities to pitch their ideas to investors and startup competitions.
In the third year, students’ startups will transform into real companies. Students’ startups are expected to have found their product/market fit so they will start scaling and doubling down on strategies that worked at an early stage to turn them into real growth. The third year is essentially about transforming a Lean startup into a scalable venture-backed business. Students will learn how to automate and scale into a properly running organization, how to build high-performing sales teams, how to lead and hire for a fast-growing organization, and how to create and nurture company culture as the company grows. In this final year, students will be pushed to their limit as they turn their startups into businesses while planning, designing, and executing much more complex strategies as they prepare to raise venture funding and subsequently become the next unicorn. The year will culminate in a Demo Day where students’ startups will compete for investors, distinguished entrepreneurs, mentors, and other experts in the field.
After graduation, students will gain universal knowledge and skills not only for launching a startup as a founder or co-founder but also run any business or venture. Graduates will have plenty of career opportunities to work as tech project managers, digital marketing or sales gurus, product owners, business developers, entrepreneurs CEOs, CEOs, or investors with an extra step.
Admissions
Scholarships and Funding
MRU seeks to ensure that all of our students receive high-quality education regardless of their financial situation, therefore, please find all the available scholarships for prospective international students listed below.
Note:
- All the listed scholarships are funded either by the Government of Lithuania or Mykolas Romeris University
- There might be additional funding from students’ countries of origin
- All EU citizens can apply for state-funded studies
- Scholarships for current international students are listed here
MRU Tuition fee waiver for Bachelor degree studies
Who can apply: applicants for Bachelor's degree studies who are citizens or permanent residents of Brazil, Colombia, Argentina, Azerbaijan, Kazakhstan, Moldova, Georgia (Sakartvelo), and Paraguay.
Financial provisions: The scholarship covers the full tuition fee for the whole period of Bachelor's degree studies* for students accepted in the academic year 2024/2025.
Criteria: the tuition fee waiver will be given to the best applicants according to their competitive grades and other academic achievements.
*The tuition fee waiver will be canceled if a student has at least one academic debt.
Curriculum
1st Year
1 Semester
Compulsory Course Units
- Introduction to Start-up Building and Management Programme
- Start-up building and Entrepreneurship
- Technological Project Management
- Start-up Economics Theory and Practice
- Development of Digital Technologies
- Team Building and Leadership
2 Semester
Compulsory Course Units
- Philosophy
- Start-up Marketing and Rapid Growth
- Start-ups in the Public Sector GovTech
- Digital Product Design
- Emotional Intelligence and Psychology
- Foreign Language for Specific Purposes (English / French / German)
2nd Year
3 Semester
Compulsory Course Units
- Fundamentals of Programming
- Business Databases and Their Analysis
- Market Research and Experimental Methods
- The Art of Sales and Negotiation
- Accounting and Finance Management for Start-ups
4 Semester
Compulsory Course Units
- Digital Business Management
- Fundamentals of Web Building
- Management of Cyber-security
- Start-ups Legal Environment
- Development of Multimedia Design
3rd Year
5 Semester
Compulsory Course Units
- Elective Study Subject
- Digital Marketing
- Strategies for Business Model Innovations
- Mergers and Acquisitions for Start-ups and Companies
- Finance Technology FinTech
6 Semester
Compulsory Course Units
- Bachelor Thesis
- Alternatively elective course units
- Implementation of Innovations in an Organization
- Start-up Building Experiential Project