| Course Level: | Bachelor’s | |
|---|---|---|
| Course Duration: | 3 Years | |
| Course Language: | English | |
| Required Degree | Class 12th | |
| Course Level: | Bachelor’s | |
|---|---|---|
| Course Duration: | 3 Years | |
| Course Language: | English | |
| Required Degree | Class 12th | |
| Course Level: | Bachelor’s | |
|---|---|---|
| Course Duration: | 3 Years | |
| Course Language: | English | |
| Required Degree | Class 12th | |
Established: 1999
Location: Vilnius, Lithuania, with an additional campus in Kaunas
Type: Private university
Specialization: Business, Management, Economics
ISM University offers a range of undergraduate, graduate, and doctoral programs, primarily focused on business and management disciplines:
Bachelor of Management: Specializations in Finance, Marketing, and International Business
Bachelor of Economics: Emphasizing modern economic theory and practical applications
Bachelor in Entrepreneurship and Innovation: Focused on developing entrepreneurial skills and innovative thinking
Master of Management: specializations including International Marketing and Management, Financial Economics, and Innovation and Technology Management
Master of Business Administration (MBA): Designed for experienced professionals seeking advanced leadership roles
Executive MBA: Tailored for senior executives and business leaders
PhD in Management: Focused on advanced research in management science
PhD in Economics: Emphasizes theoretical and applied economic research
International Orientation: ISM University has a strong international focus, offering programs in English and fostering partnerships with universities worldwide.
Accreditations: The university is accredited by the Lithuanian Ministry of Education and Science. It also holds international accreditations and memberships, ensuring high academic standards.
Faculty: The faculty consists of experienced academics and professionals from around the world, bringing diverse perspectives and expertise.
Vilnius Campus: Located in the capital city, offering modern facilities, including state-of-the-art classrooms, computer labs, libraries, and student lounges.
Kaunas Campus: The second campus is situated in Lithuania’s second-largest city, providing additional opportunities for students.
Student Organizations: Various student clubs and organizations cater to a wide range of interests, including professional development, cultural activities, and sports.
Events and Activities: The university organizes numerous events, such as guest lectures, workshops, networking events, and career fairs.
Support Services: Comprehensive support services are available, including academic advising, career counseling, and mental health services.
Career Center: ISM’s Career Center offers extensive support, including job search assistance, internships, resume writing workshops, and interview preparation.
Industry Partnerships: The university maintains strong connections with local and international businesses, providing students with excellent internship and job placement opportunities.
Exchange Programs: ISM University has partnerships with over 100 universities worldwide, allowing students to participate in exchange programs and gain international experience.
Double Degree Programs: Some programs offer the opportunity to earn a double degree in collaboration with partner universities abroad.
Global Network: ISM’s alumni network spans across various industries and countries, providing valuable connections and opportunities for current students and graduates.
Undergraduate Programs: High school diploma or equivalent, proof of English proficiency (e.g., IELTS, TOEFL), and a motivation letter.
Graduate Programs: Bachelor's degree in a relevant field, proof of English proficiency, professional experience (for MBA programs), and a motivation letter.
Doctoral Programs: Master's degree in a related field, research proposal, academic references, and proof of English proficiency.
Bachelor in International Business and Communication
Duration: 3.5 years
Language: English
Focus Areas: International business, marketing, communication strategies, cultural studies
Bachelor in Business Management and Analytics
Duration: 3.5 years
Language: English
Focus Areas: Business management, data analysis, decision-making, strategic planning
Bachelor in Economics and Politics
Duration: 3.5 years
Language: English
Focus Areas: Economic theory, political science, international relations, policy analysis
Bachelor in Finance
Duration: 3.5 years
Language: English
Focus Areas: Financial markets, investment analysis, corporate finance, risk management
Master of Science in International Marketing and Management
Duration: 1.5 years
Language: English
Focus Areas: Marketing strategies, international business, brand management, consumer behavior
Master of Science in Financial Economics
Duration: 1.5 years
Language: English
Focus Areas: Advanced economic theory, financial markets, econometrics, financial regulation
Master of Science in Innovation and Technology Management
Duration: 1.5 years
Language: English
Focus Areas: Innovation strategies, technology management, product development, entrepreneurship
Master of Business Administration (MBA)
Duration: 1.5 years
Language: English
Focus Areas: Leadership, strategic management, business ethics, global business environment
Executive MBA
Duration: 1.5 years
Language: English
Focus Areas: Advanced leadership, executive decision-making, strategic management, innovation
PhD in Management
Duration: 4 years
Language: English
Focus Areas: Management theory, organizational behavior, strategic management, research methodologies
PhD in Economics
Duration: 4 years
Language: English
Focus Areas: Advanced economic theory, econometrics, applied economics, policy analysis
Program Name |
Duration |
Tuition Fees per Year (USD) |
|---|---|---|
|
Bachelor in International Business and Communication |
3.5 years |
$4,800 |
|
Bachelor in Business Management and Analytics |
3.5 years |
$4,800 |
|
Bachelor in Economics and Politics |
3.5 years |
$4,800 |
|
Bachelor in Finance |
3.5 years |
$4,800 |
Program Name |
Duration |
Tuition Fees per Year (USD) |
|---|---|---|
|
Master of Science in International Marketing and Management |
1.5 years |
$6,000 |
|
Master of Science in Financial Economics |
1.5 years |
$6,000 |
|
Master of Science in Innovation and Technology Management |
1.5 years |
$6,000 |
|
Master of Business Administration (MBA) |
1.5 years |
$13,500 |
|
Executive MBA |
1.5 years |
$15,000 |
Program Name |
Duration |
Tuition Fees per Year (USD) |
|---|---|---|
|
PhD in Management |
4 years |
$8,500 |
|
PhD in Economics |
4 years |
$8,500 |
Location: Vilnius, Lithuania, with an additional campus in Kaunas.
Language of Instruction: Most programs are offered in English, making it accessible for international students.
ISM University offers a range of undergraduate, graduate, and doctoral programs primarily focused on business, management, and economics:
Bachelor in International Business and Communication
Bachelor in Business Management and Analytics
Bachelor in Economics and Politics
Bachelor in Finance
Master of Science in International Marketing and Management
Master of Science in Financial Economics
Master of Science in Innovation and Technology Management
Master of Business Administration (MBA)
Executive MBA
PhD in Management
PhD in Economics
Undergraduate Programs: Approximately $4,800 per year
Graduate Programs: Approximately $6,000 per year for MSc programs; $13,500 per year for MBA; $15,000 per year for Executive MBA
Doctoral Programs: Approximately $8,500 per year
High School Diploma: Completion of secondary education
English Proficiency: Proof of English proficiency (e.g., IELTS, TOEFL)
Motivation Letter: Explanation of interest in the chosen program
Other: Additional requirements may include entrance exams or interviews
Bachelor’s Degree: In a relevant field
English Proficiency: Proof of English proficiency (e.g., IELTS, TOEFL)
Professional Experience: For MBA programs, relevant work experience is often required
Motivation Letter and Recommendations: Detailed motivation letter and academic/professional references
Other: Additional requirements may include entrance exams or interviews
Master’s Degree: In a related field
Research Proposal: Detailed research proposal outlining the intended research area
English Proficiency: Proof of English proficiency (e.g., IELTS, TOEFL)
References: Academic references supporting the candidate’s research capabilities
Other: Additional requirements may include entrance exams or interviews
Orientation Programs: Special orientation programs help international students acclimate to the new environment, understand the academic system, and meet fellow students.
Language Support: Courses and workshops in Lithuanian language and culture are available to help international students integrate better.
Student Services: Comprehensive support services including academic advising, career counseling, mental health services, and health insurance guidance.
On-Campus Housing: Student dormitories provide affordable and convenient housing options. Prices range from approximately $100 to $200 per month.
Off-Campus Housing: Private accommodation options are available, with prices varying based on location and amenities.
Student Organizations: Numerous student clubs and organizations cater to a variety of interests, including professional development, cultural activities, and sports.
Events and Activities: The university organizes various events, such as guest lectures, workshops, networking events, and career fairs.
Sports and Recreation: Access to sports facilities, including gyms and sports halls, and various recreational activities.
Career Center: ISM’s Career Center offers extensive support, including job search assistance, internships, resume writing workshops, and interview preparation.
Industry Partnerships: Strong connections with local and international businesses provide students with excellent internship and job placement opportunities.
Vilnius: The capital city offers a blend of historical charm and modern amenities. It’s known for its vibrant cultural scene, historical sites, and affordable cost of living.
Kaunas: Lithuania's second-largest city, offering a rich cultural experience and a student-friendly environment.
Choose a Program
Review the undergraduate programs offered: Bachelor in International Business and Communication, Business Management and Analytics, Economics and Politics, and Finance.
Check Eligibility Requirements
Academic Requirements: Completion of secondary education (high school diploma or equivalent).
English Proficiency: Proof of English proficiency (e.g., IELTS, TOEFL). Specific score requirements can be found on the university’s website.
Other Requirements: Motivation letter, and possibly an interview or entrance exam depending on the program.
Prepare Application Documents
Completed application form.
High school diploma and transcripts.
Proof of English proficiency (IELTS, TOEFL, etc.).
Motivation letter.
Passport copy.
Additional documents may be required depending on the specific program.
Submit Application
Applications are submitted online through the ISM University website or the university’s admissions portal.
Application Fee
Pay the non-refundable application fee as specified on the university’s website.
Interview/Entrance Exam (if required)
Some programs may require an interview or entrance exam as part of the admission process.
Receive Admission Decision
Admission decisions are typically communicated via email. Successful applicants will receive an offer letter.
Confirm Acceptance
Confirm your acceptance by following the instructions in the offer letter, which may include paying a deposit or tuition fee.
Apply for Visa (if applicable)
International students will need to apply for a student visa to study in Lithuania. The university provides support and guidance for the visa application process.
Choose a Program
Review the graduate programs offered: MSc in International Marketing and Management, Financial Economics, Innovation and Technology Management, MBA, and Executive MBA.
Check Eligibility Requirements
Academic Requirements: Bachelor’s degree in a relevant field.
English Proficiency: Proof of English proficiency (e.g., IELTS, TOEFL).
Professional Experience: Required for MBA programs (usually 2-3 years of work experience).
Other Requirements: Motivation letter, CV, letters of recommendation, and possibly an interview.
Prepare Application Documents
Completed application form.
Bachelor’s degree diploma and transcripts.
Proof of English proficiency (IELTS, TOEFL, etc.).
CV/Resume.
Motivation letter.
Letters of recommendation.
Passport copy.
Additional documents may be required depending on the specific program.
Submit Application
Applications are submitted online through the ISM University website or the university’s admissions portal.
Application Fee
Pay the non-refundable application fee as specified on the university’s website.
Interview (if required)
Some programs may require an interview as part of the admission process.
Receive Admission Decision
Admission decisions are typically communicated via email. Successful applicants will receive an offer letter.
Confirm Acceptance
Confirm your acceptance by following the instructions in the offer letter, which may include paying a deposit or tuition fee.
Apply for Visa (if applicable)
International students will need to apply for a student visa to study in Lithuania. The university provides support and guidance for the visa application process.
Choose a Program
Review the doctoral programs offered: PhD in Management and PhD in Economics.
Check Eligibility Requirements
Academic Requirements: Master’s degree in a related field.
Research Proposal: Detailed research proposal outlining the intended research area.
English Proficiency: Proof of English proficiency (e.g., IELTS, TOEFL).
Other Requirements: CV, letters of recommendation, and possibly an interview.
Prepare Application Documents
Completed application form.
Master’s degree diploma and transcripts.
Research proposal.
Proof of English proficiency (IELTS, TOEFL, etc.).
CV/Resume.
Letters of recommendation.
Passport copy.
Additional documents may be required depending on the specific program.
Submit Application
Applications are submitted online through the ISM University website or the university’s admissions portal.
Application Fee
Pay the non-refundable application fee as specified on the university’s website.
Interview (if required)
Some programs may require an interview as part of the admission process.
Receive Admission Decision
Admission decisions are typically communicated via email. Successful applicants will receive an offer letter.
Confirm Acceptance
Confirm your acceptance by following the instructions in the offer letter, which may include paying a deposit or tuition fee.
Apply for Visa (if applicable)
International students will need to apply for a student visa to study in Lithuania. The university provides support and guidance for the visa application process.
Fall Intake: September
Spring Intake: February (not all programs may be available in the spring intake)
Fall Intake: September
Spring Intake: February (not all programs may be available in the spring intake)
Fall Intake: September
Spring Intake: February (varies by program and department)
General Eligibility:
Secondary Education: Completion of secondary education (high school diploma or equivalent).
English Proficiency: Proof of English proficiency is required. Acceptable tests include IELTS, TOEFL, or equivalent.
IELTS: Typically a minimum score of 6.0
TOEFL: Typically a minimum score of 80 (iBT)
Other Requirements: Some programs may require additional materials such as a motivation letter, entrance exams, or interviews.
Specific Program Requirements:
Bachelor in International Business and Communication
High school diploma with good grades
English proficiency
Motivation letter
Bachelor in Business Management and Analytics
High school diploma with good grades
English proficiency
Motivation letter
Bachelor in Economics and Politics
High school diploma with good grades
English proficiency
Motivation letter
Bachelor in Finance
High school diploma with good grades
English proficiency
Motivation letter
General Eligibility:
Bachelor’s Degree: A recognized bachelor’s degree in a relevant field.
English Proficiency: Proof of English proficiency is required. Acceptable tests include IELTS, TOEFL, or equivalent.
IELTS: Typically a minimum score of 6.5
TOEFL: Typically a minimum score of 90 (iBT)
Professional Experience: For MBA programs, relevant work experience (usually 2-3 years) is often required.
Other Requirements: Programs may require a motivation letter, CV, letters of recommendation, and possibly an interview.
Specific Program Requirements:
Master of Science in International Marketing and Management
Bachelor’s degree in business or related field
English proficiency
Motivation letter and CV
Master of Science in Financial Economics
Bachelor’s degree in economics, finance, or related field
English proficiency
Motivation letter and CV
Master of Science in Innovation and Technology Management
Bachelor’s degree in business, technology, or related field
English proficiency
Motivation letter and CV
Master of Business Administration (MBA)
Bachelor’s degree
At least 2-3 years of professional experience
English proficiency
Motivation letter, CV, and letters of recommendation
Executive MBA
Bachelor’s degree
Significant professional experience (usually more than 5 years)
English proficiency
Motivation letter, CV, and letters of recommendation
General Eligibility:
Master’s Degree: A recognized master’s degree in a related field.
English Proficiency: Proof of English proficiency is required. Acceptable tests include IELTS, TOEFL, or equivalent.
IELTS: Typically a minimum score of 7.0
TOEFL: Typically a minimum score of 100 (iBT)
Research Proposal: A detailed research proposal outlining the intended research area.
Other Requirements: Programs may require a CV, academic references, and possibly an interview.
Specific Program Requirements:
PhD in Management
Master’s degree in management or related field
English proficiency
Research proposal, CV, and academic references
PhD in Economics
Master’s degree in economics or related field
English proficiency
Research proposal, CV, and academic references
Scholarship Name |
Eligibility Criteria |
Amount/Coverage |
Application Deadline |
Notes |
|---|---|---|---|---|
|
ISM Excellence Scholarship |
High academic achievement, excellent entrance exam scores, and strong motivation letter |
Up to 100% tuition fee waiver |
Typically by July for fall intake |
Available for undergraduate and graduate programs; renewal depends on maintaining academic performance |
|
ISM Talent Scholarship |
Talented students with significant achievements in academics, sports, arts, or leadership |
Up to 50% tuition fee waiver |
usually before the start of the academic year |
Students need to demonstrate their talents and achievements through documentation and/or portfolio |
|
Lithuanian State Scholarships |
International students from selected countries |
typically covers tuition and living expenses |
usually by April |
Available for full-time Master’s degree students; check specific country eligibility and conditions |
|
ISM Family Scholarship |
Siblings or spouses studying at ISM |
Up to 30% tuition fee waiver |
usually before the start of the academic year |
Both students need to be enrolled at ISM; documentation proving the relationship is required |
|
Erasmus+ Scholarships |
Students participating in the Erasmus+ exchange program |
typically covers living expenses |
follow Erasmus+ guidelines |
Open to students from participating countries; includes mobility grants for study abroad |
|
ISM Alumni Loyalty Scholarship |
ISM alumni applying for Master’s programs |
Up to 25% tuition fee waiver |
usually before the start of the academic year |
Available to students who have completed their Bachelor's degree at ISM and are enrolling in a Master's program |
|
ISM Partner Scholarship |
Students from partner institutions enrolling at ISM |
Up to 20% tuition fee waiver |
usually before the start of the academic year |
Requires nomination from the partner institution |
|
Merit-Based Scholarships |
Current students with outstanding academic performance |
Tuition fee reduction for the next academic year |
Annually, after academic results |
Based on academic performance in the previous year; specific criteria and application process announced internally |
|
Social Scholarships |
Students from low-income families or disadvantaged backgrounds |
can cover tuition and/or living expenses |
often once per semester |
Requires proof of financial need; specific criteria and documentation needed |
Facility |
Description |
Cost |
Notes |
|---|---|---|---|
|
Campus |
Located in Vilnius and Kaunas, featuring modern academic buildings, libraries, and research facilities |
N/A |
Includes facilities for lectures, seminars, and research |
|
Student Dormitories |
On-campus housing options available for students |
€100 - €200 per month ($110 - $220 USD) |
Prices vary based on room type (single, double, shared) and amenities |
|
Private Accommodation |
Off-campus housing options, including rented apartments and shared housing |
€300 - €600 per month ($330 - $660 USD) |
Prices vary based on location, size, and facilities of the apartment |
|
University Library |
Extensive collection of books, journals, and electronic resources |
N/A |
Access included in tuition fees |
|
Sports Facilities |
Gym, sports halls, and fitness centers available for student use |
typically free or low-cost for students |
Some facilities may require a membership or usage fee |
|
Cafeterias & Dining Halls |
On-campus dining options offering a variety of meals and snacks |
€3 - €7 per meal ($3.30 - $7.70 USD) |
Affordable meal plans available |
|
Computer Labs |
Equipped with modern computers and software for student use |
N/A |
Access included in tuition fees |
|
Medical Services |
On-campus health services including consultations and basic medical care |
typically free for students |
Some services may require additional fees |
|
Student Support Services |
Counseling, academic advising, career services, and mental health support |
N/A |
Free for enrolled students |
|
Cultural and Recreational Activities |
clubs, organizations, and events to enhance student life |
N/A |
Some activities may require membership or participation fees |
Diverse Programs: ISM offers a variety of undergraduate, graduate, and doctoral programs focused on business, management, and economics.
Quality Education: High academic standards with experienced faculty, modern teaching methods, and state-of-the-art facilities.
Research Opportunities: Access to research projects and opportunities to work with faculty on cutting-edge studies.
Student Organizations: Numerous clubs and societies catering to various interests such as business, marketing, finance, sports, arts, and culture. These organizations provide opportunities for leadership, networking, and personal development.
Events and Festivals: Regularly organized events including guest lectures, workshops, seminars, cultural festivals, and social gatherings. These events enhance the student experience and foster a sense of community.
Volunteering and Community Service: Opportunities to participate in community service and volunteering projects, promoting social responsibility and engagement.
On-Campus Housing: Affordable student dormitories with essential facilities, creating a close-knit community atmosphere.
Off-Campus Housing: Private apartments and shared housing options available for students preferring off-campus living.
Dining Facilities: Various on-campus cafeterias and dining halls offering diverse and affordable meal options. Meal plans are available for convenience.
Sports Facilities: Access to gyms, sports halls, fitness centers, and outdoor sports fields. Students can participate in various sports activities and fitness programs.
Recreational Activities: A range of recreational activities including hiking, biking, and exploring the natural beauty of Lithuania. The university encourages a healthy and active lifestyle.
Academic Support: Services such as academic advising, tutoring, and mentoring to help students succeed in their studies.
Career Services: Comprehensive career support including job search assistance, internships, resume writing workshops, and interview preparation.
Health Services: On-campus medical services providing consultations and basic healthcare. Mental health support and counseling services are also available.
Student Services: Dedicated support services to assist with administrative tasks, visa and immigration processes, and general student welfare.
Vilnius: The capital city offers a rich blend of historical charm and modern amenities. Students can explore historical sites, museums, theaters, and a vibrant nightlife.
Kaunas: The second-largest city, known for its cultural scene, student-friendly environment, and affordable cost of living.
Transport: Both cities have well-developed public transportation systems, making it easy for students to commute and explore.
Orientation Programs: Special orientation sessions to help international students acclimate to the new environment, understand the academic system, and meet fellow students.
Language Support: Lithuanian language and culture courses are available to help international students integrate and feel more comfortable in their new surroundings.
Industry Partnerships: Strong connections with local and international businesses, providing students with excellent internship and job placement opportunities.
Alumni Network: A global network of alumni offering valuable connections and career support. Alumni often participate in mentorship programs and networking events.
Affordable Living: Lithuania offers a lower cost of living compared to many Western European countries, making it an attractive destination for students.
Budgeting: Students should budget for accommodation, food, transportation, study materials, and personal expenses.
Advising: Individual career counseling sessions to help students plan their career paths and make informed decisions.
Workshops: Regular workshops on resume writing, interview techniques, job search strategies, and networking skills.
Job Portals: Access to job and internship listings through university-affiliated job portals and platforms.
Career Fairs: Annual career fairs where students can meet potential employers, learn about different industries, and explore job opportunities.
Mandatory Internships: Many programs include mandatory internships as part of the curriculum, providing practical experience and industry exposure.
Industry Partnerships: ISM maintains strong relationships with local and international companies, facilitating internship placements for students.
Mentorship Programs: Alumni often serve as mentors, providing guidance and support to current students.
Networking Events: Regular networking events connect students with alumni working in various industries, offering insights and job opportunities.
While specific placement statistics can vary, ISM University generally reports high employability rates for its graduates. Many students find employment within six months of graduation, with a significant number securing positions in multinational companies and leading Lithuanian firms.
Visa and Work Permits: Guidance on visa regulations and work permits for international students seeking employment in Lithuania and other EU countries.
Language Skills: Support for improving language skills (both Lithuanian and English) to enhance employability.
Guest Lectures: Regular guest lectures by industry professionals, providing students with current industry insights and networking opportunities.
Company Visits: Organized visits to companies, allowing students to understand workplace environments and industry practices.
Startup Incubators: Support for students interested in starting their own businesses, including access to incubators and resources.
Business Competitions: Opportunities to participate in business plan competitions and innovation challenges.
Finance and Banking: Many graduates find roles in banking, investment firms, and financial services companies.
Marketing and Sales: Opportunities in marketing agencies, multinational corporations, and sales departments.
Consulting: Roles in management consulting firms and business advisory services.
Technology and Innovation: Positions in tech startups, IT companies, and innovation management.
Public Sector and NGOs: Opportunities in governmental organizations and non-profits.
1. Program Popularity: More popular programs with high demand may have lower acceptance rates due to a larger pool of applicants.
2. Academic Requirements: Programs with stringent academic requirements (e.g., high GPA, strong test scores) may have lower acceptance rates.
3. Application Volume: The overall number of applications received in a given year can affect the acceptance rate.
4. Quota and Capacity: The number of available seats in a program impacts the acceptance rate. Programs with limited capacity may have higher competition.
Address: Arklių g. 18, Vilnius 01305, Lithuania
Description: The Vilnius campus is situated in the heart of Lithuania's capital city. Vilnius is the largest city in Lithuania and serves as the country's cultural, economic, and political hub. The campus is easily accessible and provides a vibrant urban environment for students.
Facilities:
Modern academic buildings with state-of-the-art classrooms and lecture halls
Library with extensive collections of books, journals, and electronic resources
Computer labs with the latest software and technology
Cafeterias and dining facilities offering a variety of meal options
Student lounges and common areas for relaxation and socializing
Sports facilities, including a gym and fitness center
Nearby Amenities: The campus is located close to various amenities such as shops, restaurants, cafes, cultural sites, and public transportation options.
Address: E. Ožeškienės g. 18, Kaunas 44254, Lithuania
Description: The Kaunas campus is located in Lithuania's second-largest city, known for its rich history, cultural heritage, and academic environment. Kaunas is a major center for industry and innovation in Lithuania, making it an excellent location for business and economics students.
Facilities:
Modern academic buildings with equipped lecture halls and seminar rooms
Library with a comprehensive collection of academic resources
Computer labs with up-to-date technology and software
Cafeterias and dining options providing diverse food choices
Student common areas and lounges for study and leisure
Sports facilities, including access to nearby sports centers and gyms
Nearby Amenities: The campus is conveniently located near essential services, shops, restaurants, historical landmarks, and public transportation.
