Master in Accounting and Auditing

Kaunas University of Technology

Program Description

Master in Accounting and Auditing

Kaunas University of Technology

Accounting and Auditing

Master’s degree in Business Management

Accounting and Auditing programme is an internationally acknowledged study programme, providing in-depth theoretical and practical knowledge of accounting and audit for pursuit of prestigious internationally recognised ACCA qualification and becoming a professional accounting or audit specialist, senior accountant, financial director, company's manager at national or international company of audit, accounting or other business branch, Lithuanian or EU public sector institution.

The programme is run in Vilnius, the capital city, where major international accounting companies are located. Outstanding links with them provides placements, collaborative research and employment. The studies are organised in the way to combine both studies and professional development at the same time.

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Course outline


More information about programme

Internship & academic mobility opportunities

KTU students are encouraged to use academic mobility programme among which Erasmus+ is the most popular. More than 350 Erasmus+ and 100 other bilateral agreements are made for student exchange, and the students may spend 1 semester in a partner university of KTU and gain credits which are transferred into their study plan.

The main universities-partners of the programme are University of Bologna (Italy), Athens University of Economics and Business (Greece), University of Bergamo (Italy), Tomas Bata University in Zlin (Czech Republic).

Internship (studies practice) can be performed additionally to study plan (in summer between the 1st and 2nd year or as a part of Research projects). The students of this programme may perform internship in Lithuania or abroad using Erasmus+, IAESTE, AIESEC, ISIEC, P4V, etc. academic mobility programmes and designated scholarship. Graduates’ internships are offered as well.

The main business partners of the programme are UAB Ernst & Young Baltic, UAB Deloitte Lietuva, UAB PricewaterhouseCoopers, UAB BDO auditas ir apskaita, Lewben Group, Alpine Holdings Ltd (Malta), Chetcuti Cauchi Advocates – Malta Law Firm (Malta), etc.

Graduate careers

The field of accounting and auditing offers a number of good career opportunities in all parts of business and industry. The programme provides students great opportunities with specialised knowledge in accounting and is primarily who intend to work with accounting, either as auditors focusing on financial accounting and auditing, financial reporting or financial officers and information specialists focusing on management accounting and information technology.

Advice of a student/graduate

"I have a very positive approach towards studies of audit and accounting. During the lectures we performed interesting, practical tasks that could be applied in the area of work. Good and competent lecturers, including the ones from the business world, provided us with useful advice, based on science as well as on their life experience. I personally, liked modules of Consolidated Accounting and Analysis of Companies, Evaluation of Assets and Business, Audit, Internal Audit, Value-based Management, which helped me acquire necessary and valuable knowledge, deepen my knowledge of accounting, and acquire basic knowledge of audit; that was useful in my professional career." – UAB Pricewaterhouse Coopers, Assistant auditor Gintarė Venckaitytė.

Application and admission requirements

Academic Requirements

Applications are submitted online on and all requested documents must be uploaded onto the electronic application form.

  • University Bachelor (a minimum of a 3 years) degree certificate and its supplement (legalised by Ministry of Foreign Affairs, translated into English and notary verified);
  • Minimum average grade (CGPA) > 60 % in each entry subject;
  • Research activities, articles are not required but gives higher entry score.

    Entry score is calculated where the weight in % of each entry subject is as follows:

    70% CGPA
    20% Research activities, articles, if any
    10% Motivation (skype interview)
  • proficiency in English: IELTS ≥6.0, TOEFL ≥85, CEFR ≥C1, or equivalent,
  • motivation letter followed by skype interview,
  • digital photo,
  • notary verified copy of passport or ID (for the EU citizens only).

For transfer students additionally: original academic transcript of ongoing education at university and the description of taken courses.

Programme qualification requirement: Bachelor in finance/economics/management

Application deadline

EU, EEA, CIS, Georgia, Turkey applicants: 30 July
EU applicants for free of charge studies: 10 July
International applicants: 30 June

The admission offer is given within 10 days after full submission of online application and motivation interview if requested (except for those who apply for state funded places).

Fees and scholarships

Tuition fee

EU citizens and citizens with Lithuanian origin: Lithuania provides free of charge studies for EU citizens based on study field quota and competition therefore all EU citizens and those whose parents or grandparents hold Lithuanian citizenship once are encouraged to apply for state funded places. Application deadline is 10 July. Those who have lower entry score but still meet minimum entry requirements may study as fee payers.

Non-EU citizens: 3500 EUR/year.

Scholarships and discounts

KTU may award scholarships for applicants with outstanding qualifications and for good academic results throughout studies (for all citizens). KTU also acknowledges possible grants from your home institutions and/or other relevant foundations/organisations.

Special discounts are applied for the EU-candidate countries citizens (Albania, Montenegro, Serbia, The former Yugoslav Republic of Macedonia, Turkey).

More information on

Living costs

The cost of living depends on individual habits and lifestyle (food, entertainment, travelling, hygiene, services, etc.). Books and other study materials are provided by university. KTU offers accommodation in KTU residencies (monthly rates vary from EUR 50 to 140). Overall estimated cost of living per month is ~EUR 450.

Key facts

Study language: English
Duration: 2 years (120 ECTS), exeption: MSc of European Union International Relation and MSc of
Structural and Building Products engineering: 1.5 years (90 ECTS)
Delivery mode: on campus (Kaunas, Lithuania), exeption Accounting and Auditing on campus (Vilnius, Lithuania)
Studies commence: 1st September
Mode of studies: full time

Application deadline:

EU, EEA, CIS, Georgia, Turkey applicants: 30 July
EU applicants for free of charge studies: 10 July
International applicants: 30 June

This school offers programs in:
  • English
Kaunas University of Technology

Last updated April 20, 2017
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 1, 2017
2 years
Full time
2,370 EUR
Lithuania - Vilnius
Start date: Sept. 1, 2017
Application deadline Request Info
End date Request Info
Sept. 1, 2017
Lithuania - Vilnius
Application deadline Request Info
End date Request Info
Lithuanian & EU citizens: free / Non-EU citizens: 3500 EUR / year