Metso Outotec Global Business Services and Vilnius Tech university has signed an agreement to set up a Finance Lab at Vilnius Tech University

New possibilities and skills for students!

Ilona Antonoviciute, Managing Director of Metso Outotec Global Business Services

Cooperation between VILNIUS TECH and Metso Outotec Global Business Services: the Finance Laboratory will open its doors Vilnius Gediminas Technical University (VILNIUS TECH) together with UAB Metso Outotec Global Business Services contributes to professional cultivation in the Lithuanian Fintech ecosystem. "We have chosen VILNIUS TECH as our strategic partner and we are happy to contribute not only to student internships, support of other events, but also to the implementation of a larger project," says Ilona Antonovičiūtė, Head of Metso Outotec Global Business Services UAB. At the university, the partners will set up a finance laboratory (FinanceLab) with a Bloomberg terminal, which will open its doors this autumn. Finance Laboratory (FinanceLab) will be available for VILNIUS TECH students studying finance, economics and business management. Bloomberg terminals provide access to information used by professionals around the world. It will also be available for writing and final theses. Doctoral students and researchers will be able to supplement their research. The Finance Laboratory (FinanceLab) will organize classes for students of VILNIUS TECH classes and other schools. VILNIUS TECH Dean of the Faculty of Business Management (VVF) prof. dr. Jelena Stankevičienė named the constant cooperation between the university and business representatives as one of the factors of the faculty's success, which helps to improve and improve the quality of studies. "Only by listening to the opinion of business representatives can we prepare employees who meet the needs of the market. The support of Metso Outotec Global Business Services in establishing the VILNIUS TECH Finance Laboratory with a Bloomberg terminal for students will contribute to the training of highly demanded specialists in financial engineering, economic engineering, business analytics and Fintech. This year it is one of the most popular study programs, ”says the dean. “I have graduated from VILNIUS TECH Business Management studies and I am happy to contribute to the growth of the university and the development of students' knowledge. It is also a great benefit to business when a student comes after acquiring practical skills, ”says Metso Outotec Global Business Services Manager. Currently, there are more than 230 Fintech companies in Lithuania, most of which focus on payments, finance, software, digital banking, and lending-related activities. 2020 Lithuanian Fintech industry grew by 18 percent. It currently employs more than 4,000 jobs, and companies are constantly expanding their teams and the nature of the functions they perform.