ISM University of Management and Economics
Overview
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
Tuition is shown at the highest scholarship rate; your advisor confirms your rate at registration.
| Departments | Language | Duration | Annual Fee | |
|---|---|---|---|---|
| Business Management and Marketing | English | 3 Years | € 7140.00 | Apply Now |
| Business Sustainability Management | English | 1.5 Years | € 6900.00 | Apply Now |
| Economics and Data Analytics | English | 3 Years | € 7140.00 | Apply Now |
| Economics and Politics | English | 3 Years | € 7140.00 | Apply Now |
| Entrepreneurship and Innovation | English | 3 Years | € 7140.00 | Apply Now |
| Finance | English | 3 Years | € 7140.00 | Apply Now |
| Financial Economics | English | 1.5 Years | € 6900.00 | Apply Now |
| Global Leadership and Strategy | English | 1.5 Years | € 6900.00 | Apply Now |
| Innovation and Technology Management | English | 1.5 Years | € 6900.00 | Apply Now |
| International Business and Communication | English | 3 Years | € 7140.00 | Apply Now |
| International Marketing and Management | English | 1.5 Years | € 6900.00 | Apply Now |
Conditions
Upload your documents to the portal; your advisor will review and complete your application with you.
Bachelor
6 Docs- Motivation Letter
- CV
- English Proficiency Certificate (B2)
- Passing the ISM Math Exam
- Passport
- High School Diploma and Transcript
Master
6 Docs- Motivation Letter
- CV
- English Proficiency Certificate (C1)
- University Diploma and Transcript
- Passing the ISM Math Exam
- Passport
** 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.
Campus and Media
Frequently asked questions
Questions our advisors hear most often.