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Modelling and Data Analysis, M.Sc.

  • Application Deadline
  • 18 months
University rank #458 (QS) ,
The aim of the Modelling and Data Analysis programme at Vilnius University is to educate internationally recognized professionals in Modelling and Data Science who expertly utilize the up-to-date knowledge of Statistics, Econometrics and Data Science in developing advanced mathematical (statistical) models for private and public institutions. 


Career opportunities

The analytical modelling, planning, and forecasting work opportunities at various levels are open for Masters in Modelling and Data Analysis at Vilnius University in: research centres; financial institutions in private sector (e.g. pension funds, stock exchanges, insurance companies, commercial banks, Hi Tech start-ups); consulting firms; the analysis and planning units of business enterprises; central banks, ministries, and other public sector institutions.

Programme Structure

Courses include:

  • Multivariate Statistics
  • Parametric and Nonparametric Econometrics
  • Microeconomic Analysis
  • Modern Mathematical Economics
  • Panel Data Econometrics
  • Statistics of Random Functions
  • Financial Econometrics
  • Bayesian Econometrics
  • Econometric Analysis of Industrial Organization

Detailed Programme Facts

  • Programme intensity

    You can choose to do this programme part-time or full-time.

    • Full-time duration 18 months
    • Average part-time duration 30 months
  • Credits
    90 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

This programme may require students to demonstrate proficiency in English.

General Requirements

  • Bachelor degree in Mathematics, Statistics, Economics (with solid knowledge of Mathematics), Informatics or Physical science;
  • English language proficiency - the level not lower than B2 (following the Common Framework of Reference for Language approved by the Council of Europe).

Tuition Fee

  • International

    3250 EUR/year
    Tuition Fee
    Based on the original amount of 3250 EUR per year and a duration of 18 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
  • Part-Time studies: 2000 EUR/per year
  • Tuition fee for EU students to be announced 

Living costs for Vilnius

  • 490 - 860 EUR/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.


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