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ISM University of Management and Economics

Vilnius · Private university · Lithuania

About

About ISM University of Management and Economics

ISM University of Management and Economics is a private university in Vilnius. 8 English programmes are offered: 4 Bachelor and 4 Master. Early admission runs 3 November 2026 to 30 April 2027; main admission for visa-regime countries runs 1 May to 31 May 2027. Studies start at the beginning of September 2027. Programme availability is subject to the university programme and country conditions.

Tuition notes

NO confirmed 2027 price exists (no year-labelled pricelist). Current programme-page prices per semester, year unstated, as displayed 1 November 2026: Bachelor 210-ECTS programmes EUR 3,570 per semester standard (EUR 1,785 with the 50% ISM scholarship), i.e. EUR 7,140 per year; Entrepreneurship and Innovation EUR 4,165 per semester (EUR 2,082.50 with scholarship), i.e. EUR 8,330 per year; Master International Marketing and Management and Financial Economics EUR 3,675 per semester for non-EU students (EU EUR 3,450), i.e. EUR 7,350 per year; Innovation and Technology Management and Global Leadership and Strategy EUR 4,900 per semester for non-EU students (EU EUR 4,600), i.e. EUR 9,800 per year. These programme-page prices are labelled year unstated and are NOT confirmed 2027 prices. Application fee EUR 100 confirmed. Reservation fee EUR 500 confirmed (main route: included in first-semester tuition, non-refundable under any circumstances; early route: EUR 500 advance after contract, credited toward total tuition, non-refundable). Mixed-language programmes are NOT listed as English: Economics and Data Analytics (EN+LT), Business Management and Marketing (LT+EN). Business Sustainability Management is NOT open in 2027 at all.

Languages of instruction

English

What you need

Admission Requirements

Grades

  • Bachelor minimum: no less than 75% average in HSC exams, with Mathematics as a dedicated subject; if subject requirements are not met, a SAT College Readiness benchmark (ISM code 7722) or at least 1 year at a tertiary institution is accepted.
  • Programme background rules: International Marketing and Management - Bachelor in management or at least 18 ECTS in business, management, economics, marketing or finance; Financial Economics - Bachelor in economics or finance or at least 18 ECTS in economics, finance or mathematics; Global Leadership and Strategy - any Bachelor plus at least 1 year of work experience after the Bachelor; Innovation and Technology Management - any field.

Documents

  • Pakistan applicants: Bachelor - HSSC Certificate certified by IBCC and legalised by MoFA Pakistan; HSSC Statement of Marks attested by IBCC and MoFA; SSC Certificate attested by IBCC; SSC Statement of Marks attested by IBCC.
  • Master - Bachelor diploma attested by HEC and legalised by the Ministry, transcripts on the same basis.
  • Non-English documents need official translations into English or Lithuanian, stapled to a certified copy, with the translator signature.
  • Recognition is carried out by ISM itself (free, integrated, decision within 15 working days, consulting SKVC where necessary); an SKVC certificate is accepted but not mandatory.

Fees & payments

  • Note: early-admission Step 4 is headed contract until 20 May but the body says the contract is no later than 31 May for the advance payment; the discrepancy is preserved here.

General

  • Master: Third Class Honours does NOT grant access; the period since the Bachelor should not exceed 5 years.

Study options

Available Courses

8 courses across 2 levels.

Bachelor's (4)

Bachelor's · Business

Economics and Politics

Opens 3 Nov 2026 · Early 2027

English €7,140/year (€3,570/semester; 50% scholarship: €3,570/year) Deadline: 30 Apr 2027 (early) / 31 May 2027 (main) Min marks: 75%

Bachelor's · Business

Entrepreneurship and Innovation

Opens 3 Nov 2026 · Early 2027

English €8,330/year (€4,165/semester; 50% scholarship: €4,165/year) Deadline: 30 Apr 2027 (early) / 31 May 2027 (main) Min marks: 75%

Bachelor's · Business

Finance

Opens 3 Nov 2026 · Early 2027

English €7,140/year (€3,570/semester; 50% scholarship: €3,570/year) Deadline: 30 Apr 2027 (early) / 31 May 2027 (main) Min marks: 75%

Bachelor's · Business

International Business and Communication

Opens 3 Nov 2026 · Early 2027

English €7,140/year (€3,570/semester; 50% scholarship: €3,570/year) Deadline: 30 Apr 2027 (early) / 31 May 2027 (main) Min marks: 75%

Master's (4)

Master's · Business

Financial Economics

Opens 3 Nov 2026 · Early 2027

English €7,350/year (€3,675/semester, non-EU) Deadline: 30 Apr 2027 (early) / 31 May 2027 (main)

Master's · Business

Global Leadership and Strategy

Opens 3 Nov 2026 · Early 2027

English €9,800/year (€4,900/semester, non-EU) Deadline: 30 Apr 2027 (early) / 31 May 2027 (main)

Master's · Business

Innovation and Technology Management

Opens 3 Nov 2026 · Early 2027

English €9,800/year (€4,900/semester, non-EU) Deadline: 30 Apr 2027 (early) / 31 May 2027 (main)

Master's · Business

International Marketing and Management

Opens 3 Nov 2026 · Early 2027

English €7,350/year (€3,675/semester, non-EU) Deadline: 30 Apr 2027 (early) / 31 May 2027 (main)

Language

English Requirements

No English test needed: Confirmation of secondary or higher education completed entirely in English. Master further exemptions: at least 6 months abroad, employer certificate for at least 6 months of work in English, internship abroad in English.

TestMinimum scoreWaiverNotes
IELTS Bachelor 6.0; Master 6.5 (each subsection 6.0+) Confirmation of secondary or higher education completed entirely in English. Master further exemptions: at least 6 months abroad, employer certificate for at least 6 months of work in English, internship abroad in English. Bachelor: TOEFL iBT 60, PTE 52, Duolingo 115, ISM test 55+. Master: TOEFL iBT 79+, PTE 59+, Duolingo 125+, ISM test 70+. ISM does not use the term MOI as a named category.

Can you apply?

Eligibility Requirements

Minimum marks: Bachelor 75% average in HSC exams with Mathematics as a dedicated subject; Master: Third Class Honours does not grant access (no percentage stated). English: Bachelor - ISM English test minimum 55, TOEFL iBT 60, IELTS 6, Cambridge B2 Certificate minimum 169, PTE Academic 52, Duolingo 115, or IB/EB diploma; applicants whose previous education was taught entirely in English may also be exempted, and ISM reserves the right to request further proof after the motivational interview. Master - IELTS Academic 6.5 (each subsection at least 6.0), TOEFL iBT 79+, Cambridge B2 First or C1 Advanced 176+, PTE Academic 59+, Duolingo 125+, diploma from any other ISM programme, or ISM English test 70+. ISM does not use the term MOI as a named category; the functional equivalent is a confirmation document of secondary or higher education completed entirely in English. Further Master exemptions: at least 6 months abroad (Erasmus or similar), employer certificate for at least 6 months of work in English, internship abroad in English.

Fund your studies

Scholarships

Bachelor programmes: 50% ISM scholarship available (halves the standard semester price).

Limited time

Open Admissions

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Early admission 2027 — ISM (apply by 30 Apr 2027)

Intake: Early 2027

Closes Apr 30, 2027

Fee: €100 application fee; €500 reservation fee

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Main admission 2027, visa-regime countries — ISM (apply by 31 May 2027)

Intake: Main 2027

Closes May 31, 2027

Fee: €100 application fee; €500 reservation fee

View details