KTU School of Economics and Business

What KTU School of Economics and Business does

KTU School of Economics and Business (Ekonomikos ir verslo fakultetas) is an academic faculty within Kaunas University of Technology, a public Lithuanian university founded in 1922, with the faculty itself established in 1968. The faculty delivers bachelor's, master's, and doctoral programs across business, economics, finance, marketing, management, accounting, international business, and entrepreneurship, enrolling approximately 1,000 students and supported by around 190 professors, visiting professors, and industry experts. Its core educational proposition is the integration of business with technology, reinforced by specialized laboratory infrastructure: the Bloomberg Financial Markets Laboratory (the first in the Baltic States, opened 2015 and recognized as a Bloomberg Experiential Learning Partner since 2020), KTU M-Lab (opened 2023, housing digital-health and behavioral/neuroscience research labs), and Digi Lab (established 2025, focused on digital manufacturing and DigitalTwin technology).

The faculty operates a hybrid business model typical of a public European university. Primary revenue derives from state funding and tuition fees (including fee-paying non-state seats and continuing/executive education), supplemented by research funding from national sources and EU programs such as Horizon Europe, and by Business Clinics consulting and custom executive education delivered to enterprises. Customer segments split between prospective undergraduate and graduate students (the primary B2C base) and enterprise clients (including EY, BDO, Swedbank, BASF, Samsung, NATO, Kaunas TechPark, and Kaunas IN) served through consulting and applied research. Distribution is primarily through Lithuania's centralized LAMA BPO admission system for domestic students, Erasmus+ and bilateral exchange agreements (including Yale, Stanford, MIT) for international students, ECIU University joint programs, and direct enterprise sales for Business Clinics.

The faculty holds multiple international credentials that shape its positioning: full AACSB accreditation granted in 2026 (member since 2016), EFMD membership since 2015, and program-level recognition from CFA, ACCA (7 of 9 exams credited upon master's completion), SHRM, IPMA, and CIM. It operates from a single headquarters in Kaunas (K. Donelaičio g. 73) and markets across Facebook, Instagram, LinkedIn, YouTube, TikTok, conferences (BMDA, EMAC, Baltic Economic Conference), and earned media. Revenue is not publicly disclosed as the faculty does not publish separate financials.

Name

KTU School of Economics and Business

Legal name

Kauno technologijos universitetas

Website

https://evf.ktu.edu

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

11–50 employees

Short description

KTU School of Economics and Business is a public university faculty in Kaunas, Lithuania, offering bachelor's, master's, and doctoral programs in business, economics, finance, and management, supported by specialized Bloomberg, M-Lab, and Digi Lab facilities, and serving ~1,000 students plus enterprise clients through Business Clinics consulting.

Ownership category

akta.pro rank

Product category

Higher Education (Business and Economics)

NAICS

Colleges, Universities, and Professional Schools (611310), Business and Secretarial Schools (611410)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Online Professional Schools (MBA/MPA/MPH/Etc.) (EDAHALAE)

Keywords

• Business education
• Economics programs
• Higher education
• Executive education
• Business consulting

Headquarters

HQ city

Kaunas

HQ country

Lithuania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Tuition fees: Revenue from students in non-state-funded study programs, executive education, and continuing education programs.
2. Research funding: Government and EU funding for scientific research projects, including Horizon Europe programs, national research grants, and contract research for business partners.
3. Business consulting and executive education: Revenue from Business Clinics consulting services for enterprises, custom executive education programs, and professional development courses.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

KTU School of Economics and Business delivers accredited higher education programs (bachelor's, master's, doctoral) in business, economics, finance, management, marketing, accounting, and entrepreneurship, complemented by executive education through the KTU MBA program and consulting services via Business Clinics. The faculty supports teaching and research with specialized laboratory infrastructure including the Bloomberg Financial Markets Laboratory, KTU M-Lab, and Digi Lab, providing students and business partners with experiential learning and applied research capabilities.

Product overview

KTU School of Economics and Business (Ekonomikos ir verslo fakultetas) is an educational institution within Kaunas University of Technology offering undergraduate, graduate, and doctoral programs in business and economics. The faculty provides specialized facilities including the Bloomberg Financial Markets Laboratory (first in the Baltic countries, established 2015), KTU M-Lab (opened 2023 with Digital Healthcare Innovation and Behavioral Research laboratories), and Digi Lab (digital manufacturing laboratory established 2025). The portfolio includes Business Clinics for business consulting, KTU MBA executive education programs, and various professional study programs accredited by ACCA, CFA, CIM, and other international bodies. The faculty holds AACSB accreditation (held by less than 6% of world business schools) and is a member of EFMD global network since 2015.

Differentiator

Problem solved

Functional benefit

Products and services

• Bachelor's Degree Programs State-funded and non-state-funded bachelor's degree programs in Economics, Finance, Marketing, Business and Entrepreneurship, and Business Digitalization Management, designed for high school graduates seeking foundational business education with practical application.
• Master's Degree Programs Master's degree programs (including Accounting and Auditing, Economics and Analytics, Finance, Business Management, Innovation Management and Entrepreneurship, Marketing Management, International Business, Business Economics, Human Resource Management) for bachelor's graduates seeking advanced specialization and leadership development, with recognition from ACCA, CFA, SHRM, IPMA, and CIM.
• KTU MBA (Verslo administravimas) Executive MBA Program Executive MBA program in Business Administration (Verslo administravimas) designed for executives and managers, offering advanced business administration studies with practical application for senior leadership career advancement.
• Doctoral Degree Programs Doctoral research programs in business and economics for academics pursuing PhD degrees and conducting advanced business research, with financial support through doctoral stipends.
• Business Clinics Consulting Services Business consulting services for external organizations that connect faculty research with business and public sector needs, incorporating real business practices into the study process and producing research-based solutions in collaboration with partners.
• Bloomberg Financial Markets Laboratory First Bloomberg Financial Markets Laboratory in the Baltic countries, providing students with access to Bloomberg Terminals, real-time financial data, trading simulations, and Bloomberg Experiential Learning Partner certification for finance and economics studies.
• KTU M-Lab Innovation Laboratory Innovation laboratory opened in 2023 housing the Digital Healthcare Innovation Laboratory (Omni Lab) and Behavioral Research Laboratory (Neuro Lab), integrating biomedical engineering and neuroscience with innovation management and marketing for student research and experiential learning.
• Digi Lab Digital Manufacturing Laboratory Digital manufacturing laboratory established in 2025, combining traditional and digital manufacturing processes with Digital Twin technology for hands-on learning in digital manufacturing and Industry 4.0 topics.

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

16 partnerships are on record, tiered core and minor.

• ECIU (European Consortium of Innovative Universities)coreStrategic or Co-development Partner · 1 January 2016KTU collaborates with 14 ECIU members developing ECIU University since 2016. Enables student participation in international projects, exchanges, and joint degree programs with European universities.
• AACSB InternationalcoreStrategic or Co-development Partner · 1 January 2016Member since 2016, pursuing AACSB accreditation for business, management and economics programs (to be granted 2026).
• Bloomberg FinancecoreTechnology or Integration · 1 January 2015First Bloomberg Financial Markets Laboratory in Baltic States opened in 2015. Recognized as Bloomberg Experiential Learning Partner since 2020. Provides students with real-time financial data and trading simulations.
• EFMD GlobalcoreStrategic or Co-development Partner · 1 January 2015True member of EFMD global network since 2015, providing access to global business education standards and networking.
• Kaunas INminorStrategic or Co-development PartnerRegional partner for entrepreneurship ecosystem development, supporting startup space and student entrepreneurship programs.
• Kaunas TechParkminorStrategic or Co-development PartnerPartnership for entrepreneurship development and startup ecosystem collaboration.
• SwedbankminorStrategic or Co-development PartnerCollaboration on entrepreneurship education and student mentorship programs.
• Yale UniversityminorStrategic or Co-development PartnerVisiting professors from Yale deliver lectures to students as part of international faculty exchange.
• Stanford UniversityminorStrategic or Co-development PartnerVisiting professors from Stanford deliver lectures to students as part of international faculty exchange.
• MIT (Massachusetts Institute of Technology)minorStrategic or Co-development PartnerVisiting professors from MIT deliver lectures to students as part of international faculty exchange.
• Copenhagen Business SchoolminorStrategic or Co-development PartnerVisiting professors from Copenhagen Business School deliver lectures to students as part of international faculty exchange.
• BASFminorOthersOne of over 500 business contracts with international organizations including BASF for collaborative projects and research.
• SamsungminorOthersOne of over 500 business contracts with international organizations including Samsung for collaborative projects.
• NATOminorOthersOne of over 500 business and public organization contracts including NATO.
• EY (Ernst & Young)minorOthersBusiness partnership for professional development and potential recruitment of graduates.
• BDOminorOthersBusiness partnership for professional development and potential recruitment of graduates.

Scale indicators9 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• ISM University of Management and Economics: ISM is a leading private business school in Lithuania offering undergraduate and graduate business programs. It directly competes with KTU EVF for Lithuanian students and corporate training clients.
• Stockholm School of Economics in Riga (SSE Riga): SSE Riga is a private business school in Latvia offering bachelor's and master's programs in economics and business — directly comparable to KTU EVF in scope, Baltic-region positioning, and target student base.
• Vytautas Magnus University (Faculty of Economics and Management): VMU is a major Lithuanian public university with a business and economics faculty. It directly competes with KTU EVF for domestic students and faculty talent in Lithuania.

Broad incumbents

• Copenhagen Business School: CBS is a large, established European business school with EQUIS and AACSB accreditation. It is a relevant peer given KTU EVF's Nordic partnerships and aspirational positioning in the European business school market.
• Rotterdam School of Management, Erasmus University: RSM is a top-tier European business school with AACSB and EQUIS accreditation and a Triple Crown status. It serves as a benchmark peer for KTU EVF's AACSB accreditation trajectory and European positioning.
• Stockholm School of Economics (SSE): SSE is the parent institution of SSE Riga and a leading Nordic business school. It sets the standard for private business education in the region and is comparable in mission to KTU EVF's technology-business integration focus.
• ESMT Berlin: ESMT Berlin is a German business school with strong technology and management focus, comparable to KTU EVF's technology-business integration thesis. It serves as a European benchmark for tech-focused business education.
• BI Norwegian Business School: BI is a large Norwegian business school with AACSB, EQUIS, and AMBA accreditations. It is a relevant Nordic peer given KTU EVF's stated partnerships with Yale, Stanford, MIT, and Copenhagen Business School.

Regional players

• Riga Technical University (Faculty of Engineering Economics and Management): RTU is a major Latvian technical university with a business-oriented faculty, similar to KTU EVF's positioning of combining technology with business education in the Baltic region.
• University of Tartu (School of Economics and Business Administration): The University of Tartu is the leading public university in Estonia with a comparable business and economics faculty. It serves the same Baltic region and competes for international students and research funding.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@ktuschoolofeconomicsandbus9441
• Facebookfacebook.com/ktuevf
• LinkedInlinkedin.com/company/ktu-school-of-economics-and-business
• Instagraminstagram.com/ktu.evf
• TikToktiktok.com/@ktu.evf?lang=en

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KTU School of Economics and Business