Overview
ISM University of Management and Economics is Lithuania’s well-known private business school, founded in 1999 as the International School of Management. With campuses in Vilnius and Kaunas, ISM delivers business education across management, economics, finance, and related fields, and all bachelor’s and master’s degrees are taught in English. The university is also recognized for strong links with the business community, an entrepreneurship-oriented mindset, and a learning experience designed for active student-professor interaction through smaller class sizes. More than 20% of the student body comes from abroad, supporting an international classroom environment.
2. General Information
| Name | ISM University of Management and Economics |
| Established | 1999 |
| Type | Private business university |
| Location | Vilnius and Kaunas, Lithuania |
| Website | www.ism.lt |
| Accreditation | Ministry of Education, Science and Sport |
| Students | Approx. 2,000 (400 international) |
| Language of Instruction | English (100% of degree programs) |
3. Fee Structure
| Program | Tuition Fee (Annual, EUR) |
| Bachelor in Business Management | 4,900 |
| Bachelor in Economics | 4,500 |
| Master in Finance | 6,500 |
| Master in International Business | 6,200 |
| Executive MBA | 12,000 |
| PhD in Management | 7,000 |
4. Academic Programs
ISM focuses on applied business learning, with programs built around management practice, analytical skills, and finance/economics foundations. If you’re comparing options in Lithuania’s broader higher-education landscape, you may also want to review similar universities such as Vilnius University or Mykolas Romeris University, depending on whether your priority is business, economics, or related disciplines.
- Bachelor in Business and Management
- Bachelor in Economics and Politics
- Master in Finance
- Master in International Business and Communication
- Master in Marketing and International Media
- Executive MBA
- PhD in Management
- Executive Education Programs
5. Facilities
Students benefit from learning spaces designed for modern business education, including labs and digital resources that support coursework in finance, management, and analytics. For those interested in business-focused technology and engineering environments in Lithuania, the campus experience at institutions like Vilnius Gediminas Technical University can be useful for comparison when planning your academic pathway.
- Modern campus in Vilnius city center
- Business Simulation Laboratory
- Finance Trading Room with Bloomberg terminals
- Entrepreneurship and Innovation Center
- Digital Library with business databases
- Student Lounge and collaborative spaces
- Career Development Center
- Video conference-equipped classrooms
6. Accommodation
ISM does not typically offer university-owned housing, but the school provides support to help international students find a suitable place to live. Most students choose shared apartments or private student residences near the Vilnius or Kaunas campuses, and many locations are within practical commuting distance.
- Shared apartments: 300–500 EUR/month (Vilnius)
- Private student residences: 400–600 EUR/month
- University-partnered housing options
- Walking distance to public transport
- Housing support service for international students
7. Contact Information
- Email: admission@ism.lt
- Phone: +370 5 212 3960
More Universities in Lithuania
- Vilnius University
- Kaunas University of Technology
- Vytautas Magnus University
- Vilnius Gediminas Technical University
- Lithuanian University of Health Sciences
- Mykolas Romeris University
- Klaipėda University
- Vilnius University of Applied Sciences
- Lithuanian Sports University
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