Lotus Buddhist Academic College offers a Master in Buddhist Studies program of Lumbini Buddhist University. This program provides intensive knowledge of Buddhism from foundations of philosophy, History, literature, arts and architecture. It also provides Buddhism knowledge of Nepal mandala. Students of this program have strong knowledge of core Buddhism and applied Buddhism. The knowledge covers Buddhism in modern age and world philosophies, world religions and their relationship with Buddhism. There are research works, field visit, seminar, report writing in this program also.

Lotus Buddhist Academic College offers Master in Applied Buddhism two years 66 credit hours program of Lumbini Buddhist University in four semesters study period. This program provides basic Buddhist philosophy, literature and perceptions towards various disciplines of management, economics, health and hygiene, law and psychology fields. The main areas of learning are history of Buddhism, important Buddhist sites of Nepal and India, how Buddhism developed and expanded, development of Buddhist learning centers and revival of Buddhism.