ISM University of Management and Economics
ISM University of Management and Economics is one of Lithuania’s leading private institutions, offering high-quality undergraduate and postgraduate programs in business, management, and economics. Established in 1999 as the first private business university in the country, ISM is known not only for its academic excellence but also for its focus on executive education, market analysis, and business consultancy. Founded with the support of BI Norwegian Business School, the university aims to contribute to regional economic development and maintain strong ties with the business community.
ISM University of Management and Economics (ISM Vadybos ir ekonomikos universitetas) was founded in 1999 in Kaunas as Lithuania’s first private institution focused on business education. Its roots trace back to the Business Training Centre (BMC), established in 1995 to provide executive education. With strong support from BI Norwegian Business School and the Norwegian Industrial and Regional Development Fund, ISM was designed to bring modern, innovative business education to the Baltic region.
More than just a university, ISM functions as a hub for executive training, market analysis, and consultancy services. Its consultancy and training department, evolving from BMC, continues to deliver customized solutions to the business sector. Through executive programs, personnel assessment tools, and market research, ISM successfully bridges academic knowledge with real-world business practices.
With a strong focus on international integration, ISM offers students a practical, up-to-date, and globally relevant education that meets the evolving needs of the modern business world. The university fosters an entrepreneurial mindset and equips both young students and experienced professionals with the skills to advance their careers. Through its academic excellence, executive development, and close ties with the business community, ISM plays a vital role in shaping the future of business in Lithuania and beyond.
| Departments | Duration | Language | Annual Fee (EUR) |
|---|---|---|---|
| Business Management and Marketing | 3 Years | English | € 22330.00 |
| Economics and Data Analytics | 3 Years | English | € 22330.00 |
| Economics and Politics | 3 Years | English | € 22330.00 |
| Entrepreneurship and Innovation | 3 Years | English | € 22330.00 |
| Finance | 3 Years | English | € 22330.00 |
| International Business and Communication | 3 Years | English | € 22330.00 |
| Departments | Duration | Language | Annual Fee (EUR) |
|---|---|---|---|
| Business Sustainability Management | 1.5 Years | English | € 12900.00 |
| Financial Economics | 1.5 Years | English | € 12900.00 |
| Global Leadership and Strategy | 1.5 Years | English | € 12900.00 |
| Innovation and Technology Management | 1.5 Years | English | € 12900.00 |
| International Marketing and Management | 1.5 Years | English | € 12900.00 |
- CV
- English Proficiency Certificate (B2)
- High School Diploma and Transcript
- Motivation Letter
- Passing the ISM Math Exam
- Passport
- CV
- English Proficiency Certificate (C1)
- Motivation Letter
- Passing the ISM Math Exam
- Passport
- University Diploma and Transcript
* The Application Deadline Varies by Department
** Additional Documents May Be Requested by Departments
*** The YKS requirement applies to students in Türkiye. International students will be evaluated according to the examination systems and admission criteria of their respective countries.
