This research is dedicated to analysing the development of preparation process of trade specialists at Vilnius University. Highest focus is laid on the period after the restoration of Lithuanian’s independence. Statistical analysis covering dynamics and scope of trade graduates from Trade faculty and later Economics faculty is performed. While revealing aims of study programmes and their achievement through development of generic and subject specific competencies, peculiarities of preparing trade specialists at bachelor and master levels are presented. Qualitative valuation of study programmes aimed at preparing trade specialists, their development and correspondence to market needs is performed employing massive survey data.