Overview

Research topic description

There is a lack of research that systematically links investment allocation to outcomes of the green transition and national value creation. While existing studies often examine sustainable development, climate policy, or green finance in isolation, they do not provide integrated models that could help to assess the optimal scale, structure and direction of investment required for a country to transition to a green, climate-resilient economy. This is an important and complex problem in economics and finance that requires conceptual development and empirical modelling to solve.

This study aims to develop an analytical and modelling tool for optimally allocating investments to support the green transition while simultaneously increasing national financial value. This tool will identify priority investment areas that deliver environmental benefits and economic and financial returns.

The proposed investment modelling system will enable policymakers, financial institutions and public authorities to anticipate investment risks more effectively, assess expected returns and balance public and private capital flows in strategic green sectors. The systematic use of this tool could support evidence-based decision-making, improve the effectiveness of national green transition investment strategies and strengthen a country's competitiveness in a low-carbon economy.

The selected candidate will work on the PhD thesis under the supervision of Prof. dr. Indrė Lapinskaitė. The successful applicant will have to attend scientific conferences, meetings and internships in the other universities.

Requirements

• Required background: financial, economic

• Expected skills and knowledge: academic writing, communication, data analysis, ability to adapt and learn, problem solving, research and critical thinking.

It is a prerequisite you can be present at and accessible to the institution daily.

Shortlisted candidates will be invited for an interview. The position may not be opened if no qualified candidate is found. Additional information regarding the post may be obtained from Prof. dr. Indrė Lapinskaitė, e-mail: indre.lapinskaite@vilniustech.lt

Programme Structure

Curriculum:

Independent research under supervision;

Courses for PhD students (approximately 30 ECTS credits);

Participation in research networks, including placements at other, primarily foreign, research institutions;

Teaching or another form of knowledge dissemination, which is related to the PhD topic when possible;

The completion of a PhD thesis.

Key information

Duration

Full-time
- 48 months
Part-time
- 72 months

Start dates & application deadlines

Starting 2026-09-02 00:00:00
- Apply before 2026-06-22 00:00:00

Language

English

TOEFL^® IBT

70

Schedule TOEFL®

IELTS

6

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Credits

30 ECTS

Courses for PhD students (approximately 30 ECTS credits)

Delivered

On Campus

Campus Location

Vilnius, Lithuania

Disciplines

Economics Organisational Behaviour Econometrics

Join for free or log in to access our complete career info list.

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

TOEFL^® IBT

70

Schedule TOEFL®

IELTS

6

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

Postgraduate diploma (or higher)
The entry qualification documents are accepted in the following languages: English.

You must take verified copies of the entry qualification documents along with you when you finally go to the university.
At least 2 reference(s) must be provided.
Certified copies of the Master’s degree diploma and its supplement with grades or higher education equivalent to it;
Curriculum Vitae (CV);
List of scientific publications and their copies or research proposal (if scientific publications are not included);
Copy of a personal data page of a passport or a copy of a personal ID;
Other documents that an applicant wants to submit.

One of the following is accepted:

FCE (First Certificate in English): A
CAE (Certificate in Advanced English): C
CPE (Certificate of Proficiency in English): C
TOEFL (Test of English as a Foreign language) paper based: 510, internet based: 70, computer based: 180.
B2 Certificate in English

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at VILNIUS TECH and/or in Lithuania, please visit Student Insurance Portal.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

12449 EUR / year

≈ 12449 EUR / year

Additional Details

part-time studies - 8,453 per year

Living costs

Vilnius

Lithuania

490 - 856 EUR / month

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

Funding

The PhD studies can be financed by the companies or enterprises financial resources or a PhD student‘s personal finances.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Loading

Scholarships Information

Below you will find PhD's scholarship opportunities for Investment modelling for green transition and financial value creation at the national level (Economics).

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About

Overview

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Student Insurance via Studyportals Partner

Tuition Fees

International Applies to you

Additional Details

Living costs

Vilnius

Funding

Scholarships Information

Available Scholarships

Our partners