Sports business management is an area of business in which trained professionals manage the business of an athlete or athletic organization. Common areas of study and practice for sports business managers include sports marketing, finance and law.

Lithuania, officially the Republic of Lithuania is a country in Northern Europe, the largest of the three Baltic states. It is situated along the southeastern shore of the Baltic Sea, to the east of Sweden and Denmark. More than 90% of Lithuanians speak at least one foreign language and half of the population speaks two foreign languages, mostly Russian and English.

The MBA (Master of Business Administration) is a postgraduate degree that is awarded to students who have mastered the study of business. The MBA degree is thought to be one of the most prestigious and sought after degrees in the world.