Abstract
The need to integrate theory and practice, to connect them into the real entrepreneurial world is the most important aim of education. To equip students with the skills so that they would be able to solve problems and provide solutions. Within the framework of the 21st century learning paradigm, the mission of Vilnius Business College (VBC) is to offer students new approaches to learning experiences by employing active methods of student involvement into their learning processes. It is possible to achieve all this only through a student’s active engagement into business reality, applying simulations, employing shared effort and active teamwork while searching for links among different phenomena of applied business. The main idea is how to facilitate the acquisition of hands-on experience in business organization and project management in the studies. Team academy methodology as educational innovation helps to implement entrepreneurial skills align personal and develop team experience in reflection to with market needs.
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