12 641 €
14
Collected out of 100 000 €
Times donated
13 616 €
Value as of Q4 2023
Vilnius University Faculty of Economics and Business Administration (VU FEBA) introduces its Endowment Sub-fund and invites the public, faculty partners and friends as well as the Alumni community to contribute to the education of the next generation of economics and management professionals and to the creation of innovation and entrepreneurship.
VU FEBA is a leader in training professionals in economics, finance, business, marketing, accounting, and human resource management. The mission of the faculty is to unite professionals in economics and management, who develop international level studies, science and contribute to innovation and entrepreneurship. In 2021, as many as 53% of all students in the country who have chosen a Bachelor’s degree in economics will be studying at VU FEBA.
VU FEBA is an open faculty, a recognised partner of the international academic community, which cooperates with business and international organisations. In 2021, VU FEBA was awarded the international CEEMAN accreditation, proving that the faculty’s operational management meets international quality requirements for educational organisations. VU FEBA is currently ranked among the top 400 universities in the world in the latest QS World University Rankings by Subject 2022 in the field of Economics.
VU FEBA is also proud of its large alumni community, which includes the President of the Republic of Lithuania Gitanas Nausėda, the Prime Minister of the Republic of Lithuania Ingrida Šimonytė, the Minister of Health Arūnas Dulkys, the Member of the Board of the Bank of Lithuania Marius Jurgilas, the Head of Hanner Algimantas Laurinavičius, the General Auditor of the Republic of Lithuania Mindaugas Macijauskas, Director of the Finance Department of Lithuanian Airports Ramutė Ribinskienė, Head of the State Tax Inspectorate Edita Janušienė and many other well-known Lithuanian public figures working in private and public sectors, international organizations or running their businesses.
VU FEBA Endowment Sub-fund is a sustainable and intelligent finance management model, where the received funds are invested in various asset classes and the return on investment is allocated annually to the needs of the faculty.
VU Foundation’s investment strategy is in line with the best international practice: diversified financial instruments, risk management, investing in a global market. The Sub-fund’s capital is invested together with the main Fund’s capital. An allocation ratio of 2.5% (or individually agreed) is used to calculate the annual payout to VU FEBA. The part of the investment gain that exceeds the payout is reinvested.
The Sub-fund’s investment returns will be used in three ways: to attract world-class academic staff, to invite the most talented students, and to improve the Faculty’s infrastructure.
Make your online contribution quickly and easily. Spread the word among the community! Contribute to the development of the next generation of economics and management professionals and to innovation and entrepreneurship. This is the future for all of us!
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You can also donate via bank transfer:
IBAN → LT59 7300 0101 7179 1038 (Swedbank)
Payment purpose → Donation to VU FEBA Endowment Sub-fund
Recipient → Paramos fondas Vilniaus universiteto fondas (company code 304222713)
For contribution contracts over 14.5 thousand Euro notarization is required. Vilnius University Foundation will take care of it. Contact us in a convenient way.
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Learn more about → VU Faculty of Economics and Business Administration
Gediminas Rumšas, VU FEBA Vice-dean for Partnership and Projects
gediminas.rumsas@evaf.vu.lt
+370 5 236 6077
