Is MRU a public or private university, and how big is it?

MRU is a public university, Lithuania's largest specialised institution for social sciences, humanities and business. It was founded in Vilnius in 1990 as the Lithuanian Police Academy, renamed Law University of Lithuania in 2000, and became Mykolas Romeris University in 2004. It has around 7,000 students across five academic divisions in Vilnius, Kaunas and Marijampole.

What language are the Financial Management, Logistics Management and MBA programmes taught in?

All three run fully in English, part of MRU's wider catalogue of 26 English-taught programmes (including 7 joint or double-degree programmes). Applicants need English proficiency at B2 level, proven by IELTS 5.5-6.5, TOEFL iBT 72-94, PTE 59-75, Duolingo 100-125 or an equivalent certificate, or MRU's own free online English test.

Can I get direct admission straight after my bachelor's for Financial Management?

Financial Management specifically requires a bachelor's degree (minimum 3-year duration) in economics, management, finance, accounting or marketing. Logistics Management accepts any bachelor's/first-degree background. Both are evaluated through MRU's standard foreign-qualification recognition process, including an ENIC/NARIC check, before an offer is made.

What is the full cost, not just tuition?

Beyond annual tuition (EUR 4,690 for Financial Management and Logistics Management, EUR 5,600 for the MBA, 2026-2027 rates), budget a EUR 100 non-refundable application fee (EUR 50 for EU citizens/MRU alumni/Ukrainians), a EUR 50 registration fee, and living costs -- MRU's own Student House runs about EUR 110-550/month depending on room type, while Numbeo prices a private one-bedroom apartment at about EUR 768/month in central Vilnius.

How do I apply, and what is the exact application route?

Applications go through MRU's own portal at apply.mruni.eu, managed by the International Admissions Office (study@mruni.eu, +370 5 271 4700). Steps are: choose a programme, submit the online application and pay the non-refundable application fee, receive an evaluation decision, then confirm your place by paying first-year tuition and the EUR 50 registration fee before signing the study contract.

Is there an entrance exam or interview?

Financial Management and Logistics Management do not require an entrance exam or interview based on MRU's published admission steps, only transcripts, an English certificate and a motivational letter (checked for AI-generated text). The MBA is the exception: it requires an admissions-committee interview, a minimum of 3 years of managerial work experience, a CV, a recommendation letter and proof of current/past employment.

Are there stipends or earn-while-studying options?

MRU's own programme and fee pages reference scholarships generically without a published headline amount for the current intake, and older MRU news coverage describes one-off Lithuanian government scholarships for a small number of Ukrainian and Azerbaijani master's students in 2017. No dedicated on-campus paid-work or stipend scheme was found for Financial Management, Logistics Management or the MBA; confirm current scholarship availability directly with the International Admissions Office.

When do programmes start, and what is the application window?

MRU has one intake per year, for studies starting 1 September. For the 2026-2027 academic year, online applications opened 1 January 2026; the deadline for applicants from EU/EFTA countries and countries with a VFS Global visa centre (including India) runs to 24 July 2026. MRU also caps non-EU/EEA applications at 200 per country of citizenship per intake.

What does MRU's accreditation actually mean for my home country?

MRU's Finance study field (covering Financial Management) and Management study field (covering Logistics Management) were each independently evaluated and accredited for 7 years by SKVC, Lithuania's national higher-education quality-assurance agency, in 2023; its Business Studies field (covering the MBA) was accredited for 3 years (1st cycle) / 7 years (2nd cycle) in 2022. As an EHEA/Bologna Process member, Lithuanian degrees are structured for cross-border recognition, though students should still confirm recognition with their home country's evaluation body.

What about accommodation, and how much does it cost?

MRU runs its own Student House at two Vilnius addresses (Didlaukio st. 57 and 86), with 2026 prices from about EUR 110/month for a place in a shared triple room to EUR 500-550/month for a renovated single room with private kitchen, plus a EUR 100 non-refundable reservation fee. Students preferring private housing are pointed to named options like SHED Vilnius and the Liv_in Vilnius co-living complex; Numbeo prices a private one-bedroom apartment at about EUR 768/month in central Vilnius.

How does MRU compare to Lithuania's other well-known universities?

Unlike Vilnius Gediminas Technical University or Kaunas University of Technology, which are primarily engineering-focused technical universities, MRU is Lithuania's largest specialised social-sciences, humanities and business university, with 95% of its academic portfolio in social sciences per the AIKOS database. Its Business/Management fields carry their own dedicated SKVC field-level accreditation, separate from any engineering accreditation at other Lithuanian universities.

What happens if I cannot arrive in Lithuania by 1 September?

Students still completing their Temporary Residence Permit may study their first semester remotely. However, MRU requires foreign students to arrive by 1 September of their intake year unless a later start date is specified, and states it will notify Lithuania's Migration Department about terminating the study agreement if a student fails to arrive without a valid reason.

Is the MBA a full 2-year Master's like Financial Management or Logistics Management?

No. MRU's MBA (Master of Business Administration) is a compressed 1-year Executive format aimed at working managers with 3+ years of experience, delivered through evening and every-other-Saturday classes and a Capstone business simulation. Financial Management and Logistics Management are both 1.5-year (90-ECTS), evening-based Master's programmes, a different format from either MRU's own MBA or a conventional 2-year daytime Master's.

Is MRU a public or private university, and how big is it?

MRU is a public university, Lithuania's largest specialised institution for social sciences, humanities and business. It was founded in Vilnius in 1990 as the Lithuanian Police Academy, renamed Law University of Lithuania in 2000, and became Mykolas Romeris University in 2004. It has around 7,000 students across five academic divisions in Vilnius, Kaunas and Marijampole.

What language are the Financial Management, Logistics Management and MBA programmes taught in?

All three run fully in English, part of MRU's wider catalogue of 26 English-taught programmes (including 7 joint or double-degree programmes). Applicants need English proficiency at B2 level, proven by IELTS 5.5-6.5, TOEFL iBT 72-94, PTE 59-75, Duolingo 100-125 or an equivalent certificate, or MRU's own free online English test.

Can I get direct admission straight after my bachelor's for Financial Management?

Financial Management specifically requires a bachelor's degree (minimum 3-year duration) in economics, management, finance, accounting or marketing. Logistics Management accepts any bachelor's/first-degree background. Both are evaluated through MRU's standard foreign-qualification recognition process, including an ENIC/NARIC check, before an offer is made.

What is the full cost, not just tuition?

Beyond annual tuition (EUR 4,690 for Financial Management and Logistics Management, EUR 5,600 for the MBA, 2026-2027 rates), budget a EUR 100 non-refundable application fee (EUR 50 for EU citizens/MRU alumni/Ukrainians), a EUR 50 registration fee, and living costs -- MRU's own Student House runs about EUR 110-550/month depending on room type, while Numbeo prices a private one-bedroom apartment at about EUR 768/month in central Vilnius.

How do I apply, and what is the exact application route?

Applications go through MRU's own portal at apply.mruni.eu, managed by the International Admissions Office (study@mruni.eu, +370 5 271 4700). Steps are: choose a programme, submit the online application and pay the non-refundable application fee, receive an evaluation decision, then confirm your place by paying first-year tuition and the EUR 50 registration fee before signing the study contract.

Is there an entrance exam or interview?

Financial Management and Logistics Management do not require an entrance exam or interview based on MRU's published admission steps, only transcripts, an English certificate and a motivational letter (checked for AI-generated text). The MBA is the exception: it requires an admissions-committee interview, a minimum of 3 years of managerial work experience, a CV, a recommendation letter and proof of current/past employment.

Are there stipends or earn-while-studying options?

MRU's own programme and fee pages reference scholarships generically without a published headline amount for the current intake, and older MRU news coverage describes one-off Lithuanian government scholarships for a small number of Ukrainian and Azerbaijani master's students in 2017. No dedicated on-campus paid-work or stipend scheme was found for Financial Management, Logistics Management or the MBA; confirm current scholarship availability directly with the International Admissions Office.

When do programmes start, and what is the application window?

MRU has one intake per year, for studies starting 1 September. For the 2026-2027 academic year, online applications opened 1 January 2026; the deadline for applicants from EU/EFTA countries and countries with a VFS Global visa centre (including India) runs to 24 July 2026. MRU also caps non-EU/EEA applications at 200 per country of citizenship per intake.

What does MRU's accreditation actually mean for my home country?

MRU's Finance study field (covering Financial Management) and Management study field (covering Logistics Management) were each independently evaluated and accredited for 7 years by SKVC, Lithuania's national higher-education quality-assurance agency, in 2023; its Business Studies field (covering the MBA) was accredited for 3 years (1st cycle) / 7 years (2nd cycle) in 2022. As an EHEA/Bologna Process member, Lithuanian degrees are structured for cross-border recognition, though students should still confirm recognition with their home country's evaluation body.

What about accommodation, and how much does it cost?

MRU runs its own Student House at two Vilnius addresses (Didlaukio st. 57 and 86), with 2026 prices from about EUR 110/month for a place in a shared triple room to EUR 500-550/month for a renovated single room with private kitchen, plus a EUR 100 non-refundable reservation fee. Students preferring private housing are pointed to named options like SHED Vilnius and the Liv_in Vilnius co-living complex; Numbeo prices a private one-bedroom apartment at about EUR 768/month in central Vilnius.

How does MRU compare to Lithuania's other well-known universities?

Unlike Vilnius Gediminas Technical University or Kaunas University of Technology, which are primarily engineering-focused technical universities, MRU is Lithuania's largest specialised social-sciences, humanities and business university, with 95% of its academic portfolio in social sciences per the AIKOS database. Its Business/Management fields carry their own dedicated SKVC field-level accreditation, separate from any engineering accreditation at other Lithuanian universities.

What happens if I cannot arrive in Lithuania by 1 September?

Students still completing their Temporary Residence Permit may study their first semester remotely. However, MRU requires foreign students to arrive by 1 September of their intake year unless a later start date is specified, and states it will notify Lithuania's Migration Department about terminating the study agreement if a student fails to arrive without a valid reason.

Is the MBA a full 2-year Master's like Financial Management or Logistics Management?

No. MRU's MBA (Master of Business Administration) is a compressed 1-year Executive format aimed at working managers with 3+ years of experience, delivered through evening and every-other-Saturday classes and a Capstone business simulation. Financial Management and Logistics Management are both 1.5-year (90-ECTS), evening-based Master's programmes, a different format from either MRU's own MBA or a conventional 2-year daytime Master's.

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M.Sc. Finance at Mykolas Romeris University (MRU): Fee Structure

Year-wise M.Sc. Finance fee breakdown at Mykolas Romeris University (MRU) — annual tuition, hostel costs, and total program cost in USD.

Written by Students Traffic Research Team·Updated On: 12 Jul 2026

Mykolas Romeris University (MRU) campus overview

Mykolas Romeris University (MRU)Vilnius, LithuaniaM.Sc. Finance · Public€4,690/yr

Academics eligibility recognition admissions

Fee structure

Mykolas Romeris University (MRU) M.Sc. Finance fee structure

Tuition and living-cost information for M.Sc. Finance at Mykolas Romeris University (MRU)in Vilnius, Lithuania. The treatment below reflects the evidence available for each programme.

Confirmed fees retain the university's published currency. Where a current programme fee is not public, request a tailored cost and funding plan instead of relying on a placeholder amount.

Financial Management (Master of Finances)

18 months · English medium · September intake

Annual tuition

€4,690

EUR 4,690 official

Hostel + food (est.)

—

per year

Total program cost

Applying to Mykolas Romeris University (MRU)?

Students Traffic verifies seat availability, checks current recognition status, and prepares your complete application for Mykolas Romeris University (MRU). The consultation is free.

Call us Compare colleges

M.Sc. Finance at Mykolas Romeris University (MRU): Fee Structure

Year-wise M.Sc. Finance fee breakdown at Mykolas Romeris University (MRU) — annual tuition, hostel costs, and total program cost in USD.

Written by Students Traffic Research Team·Updated On: 12 Jul 2026

Mykolas Romeris University (MRU)Vilnius, LithuaniaM.Sc. Finance · Public€4,690/yr

Academics eligibility recognition admissions

Fee structure

Mykolas Romeris University (MRU) M.Sc. Finance fee structure

Tuition and living-cost information for M.Sc. Finance at Mykolas Romeris University (MRU)in Vilnius, Lithuania. The treatment below reflects the evidence available for each programme.

Confirmed fees retain the university's published currency. Where a current programme fee is not public, request a tailored cost and funding plan instead of relying on a placeholder amount.

Financial Management (Master of Finances)

18 months · English medium · September intake

Annual tuition

€4,690

EUR 4,690 official

Hostel + food (est.)

—

per year

Total program cost

Applying to Mykolas Romeris University (MRU)?

Students Traffic verifies seat availability, checks current recognition status, and prepares your complete application for Mykolas Romeris University (MRU). The consultation is free.

Call us Compare colleges

—

tuition only · 1.5 years

MRU's official 2026-2027 fee schedule prices Financial Management at EUR 4,690 per academic year for both EU and non-EU citizens, plus a one-time EUR 100 non-refundable application fee (EUR 50 for EU citizens, MRU alumni and Ukrainians) and a EUR 50 registration fee. The programme runs 1.5 years (90 ECTS, 3 semesters); MRU's own fee page publishes only the per-academic-year rate and does not state a separate lump-sum total for the partial final year, so officialTotalTuitionAmount is left unpublished here -- a straightforward EUR 4,690 + one further semester at roughly half that rate is a reasonable estimate, but applicants should confirm the exact final-semester invoice amount directly with MRU before enrolling.

Fee data last verified: 2026-07-12

—

tuition only · 1.5 years

MRU's official 2026-2027 fee schedule prices Financial Management at EUR 4,690 per academic year for both EU and non-EU citizens, plus a one-time EUR 100 non-refundable application fee (EUR 50 for EU citizens, MRU alumni and Ukrainians) and a EUR 50 registration fee. The programme runs 1.5 years (90 ECTS, 3 semesters); MRU's own fee page publishes only the per-academic-year rate and does not state a separate lump-sum total for the partial final year, so officialTotalTuitionAmount is left unpublished here -- a straightforward EUR 4,690 + one further semester at roughly half that rate is a reasonable estimate, but applicants should confirm the exact final-semester invoice amount directly with MRU before enrolling.

Fee data last verified: 2026-07-12