About University
ISM University of Management and Economics came into existence in 1999. It is a privately owned University in Lithuania. The University has attained a top position in the field of education. Furthermore, it is now listed as one of the high-ranking business universities in the Baltic. The University offers study programs for undergraduates, graduates, and post-graduate students in the field of business management and economics.
The ISM University of Management and Economics welcomes National and International students, which brings together teaching faculty and students from all over the world. The University aims to provide individual attention and provide up to date teaching methods. Likewise, the University consists of more than 2000 international students to date.
While studying at ISM University students enjoy a friendly environment as the community and lecturers are extremely friendly and cooperative. The ISM University offers study programs in English. Above all, the University provides an opportunity for a double degree program. It collaborates with more than 100 international universities for the exchange program.
Program Offered at ISM University
ISM University of Management and economics provides Bachelor's and Master’s degrees; study programs are taught in English. The ISM University provides the following bachelor’s programs Business Management & Marketing, Finance, Economics & Politics, Economics & Data Analytics, Entrepreneurship, and Innovation, and International Business & Communication, however, the master's programs are for 1-1.5 years which includes a thesis of 6 months.
Program Type
ISM University offers the following Bachelors program and Master program listed below:
| Program | Degree | Specialization | Duration | Fees |
|---|---|---|---|---|
| Business Management and Marketing | Bachelor | Business Management | 3 years | - |
| Finance | Bachelor | Business Management | 3 years | - |
| Economics and Politics | Bachelor | Social Sciences | 3 years | - |
| Economics and Data Analytics | Bachelor | Social Sciences | 3 years | - |
| Entrepreneurship and Innovation | Bachelor | Business Management | 3 years | - |
| International Business and Communication | Bachelor | Business Management | 3 years | - |
| International Marketing and Management | Master | Business Management | 1.5 year | - |
| Financial Economics | Master | Social Sciences | 1.5 year | - |
| Global Leadership and Strategy | Master | Business Management | 1 year | - |
| Business Sustainability Management | Master | Business Management | 1 year | - |
| Innovation and Technology Management | Master | Business Management | 1 year | - |
Admission Intake in ISM
Following are the deadlines to apply at the ISM University
| Intake | Month | Last Date to Apply |
|---|---|---|
| Autumn | September 2023 | 1st June 2023 |
| Spring | February 2024 | 15th Nov 2023 |
Cost of Living in Vilnius City
If you are planning to do higher studies at the ISM University of Management and Economics, the very first thing you need to know is the cost of living in Vilnius City. The cost of living in Vilnius would be approximately 500-600 EUR including daily expenses. Of course, your accommodation, food, and lifestyle will determine the total sum you spend. Besides, your monthly expenses in Vilnius would be around 200-300 EUR for accommodation and 100-200 EUR for your groceries and eateries.
Hostel & Accommodation
ISM University of Management and Economics provides accommodation to international students. Nonetheless, the university offers single-bedded, double-bedded, and triple-bedded rooms with comfortable living environments and study conditions at an affordable fee. Likewise, the students have the option to stay in ISM University of Management and Economics accommodation or else look for private accommodation on a shared basis. The average cost of staying in private accommodation would be around 400-500.
Scholarship
The ISM University of Management and Economics provides scholarships under ERASMUS + exchange program. The university holds a tie-up with more than 100 partners functional in Europe, South America, North America, Asia, Australia, and Africa. The University offers a double degree program. Additionally, the university moves with the objective to make students' experiences worthwhile, that is by providing high-end educational, cultural, and career opportunities. Each year, the University announces 150 exchange students moving to partner universities from all over Europe.
Part-Time Job
While studying abroad students usually start planning to opt for a part-time job. As an International student, you are allowed to work 20 hours as a part-time job and a full-time job for 40 hours per week. While studying in Lithuania, an International student can work as long as they are enrolled in a university. The students can earn up to 4-5 Euros per hour which is about 300-400 Euros per month, however, it depends on the job profile you select. This amount is good enough to meet your living expense during your studies in Lithuania.
Post Study Work (PSW) VISA
After studying at ISM University of Management and Economics in Lithuania, as an International student, you are eligible to apply for a temporary residence permit. After graduating, students are allowed to stay in Lithuania or any of the Schengen countries for 12-15 months, which enables them to look for jobs or get self-employed. Furthermore, the students must obtain the Temporary Residence Permit (TRP) as soon as they arrive in Lithuania.
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