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Since its establishment in 1999, ISM University of Management and Economics is one of the Ideal options to pursue an MBA, BBA and MIM at a reasonable price.

ISM aims to offer innovative, quality studies and training to creative & ambitious students and already experienced business managers.

The most important priorities of the University are Quality and internationality.

The wide range of study programs at ISM combines theoretical and practical knowledge.

ISM International studies office together with ESN ISM organises Welcome Week for new international students before the course commencement.

100 international students are coming to ISM for the Fall semester and 60 students coming for the spring semester, thus it’s an excellent chance to meet everyone and socialize before the beginning of the semester.

The admission has begun, Enroll soon to grab the seats at ISM University of Management and Economics.

ISM University of Management and Economics - At a Glance

Before going in detail, Check out the important highlights to pursue quality education at ISM University of Management and Economics:

Institution Type

Public

Tuition Fees (Approx)

MBA: 4024 USD
BBA: 2844 USD
MIM: 3002 USD

Accepted Examination

English proficiency proof

Course Duration

MBA: 1years
BBA: 3 years
MIM: 1.5 years

Program Language

English and Lithuanian medium

University Ranking

World - 5317
Country - 9

Affiliations

AACSB, EQUIS, AMBA, EDUNIVERSAL, IQA, CEEMAN, ECTS, Lithuanian Centre for Quality Assessment in Higher Education

Top Reasons to Study at ISM University of Management and Economics

Here are some beneficial reasons to choose ISM University of Management and Economics:

  • The college has 100+ university exchange partners across the globe.

  • ISM University of Management and Economics has accreditation of the AACSB, EQUIS and AMBA.

  • The students will be amazed by the innovative and entertaining study environment of ISM.

  • The institute has student organizations and organises various extracurricular activities during education.

  • The college comprises 42% of competent foreign faculty members providing high-quality education in the Lithuanian and English language.

  • The students will gain theoretical and practical knowledge of organizations and also a basic understanding of the course.

  • ISM University of Management and Economics has cooperated with top innovation companies and globally-renowned universities to offer future-oriented education to the students.

  • The students have the opportunity to listen to guest lecturers from famous universities such as the Illinois Institute of Technology or Nagoya University of Business and Commerce.

  • The institute also participates in the Erasmus program, which attracts students across the globe.

  • This college has an international and peaceful atmosphere and students also experience learning and a multicultural environment.

  • The college organises a buddy program where local students ( international students) help new exchange students to settle in Vilnius city at ISM.

ISM University of Management and Economics - Ranking 2022

The ISM University of Management and Economics is among the top universities of Lithuania with excellent World and Country ranking:

CountryWorld

9

5317

Medium of Teaching

The ISM University of Management and Economics will provide whole education in English and Lithuanian language.

Accreditations and Recognition

The ISM University of Management and Economics is officially recognised by many organisations:

  • EDUNIVERSAL

  • International Quality Accreditation (IQA)

  • Central and East European Management Development Association (CEEMAN)

  • European Credit Transfer Label (ECTS label)

  • Lithuanian Centre for Quality Assessment in Higher Education

  • AACSB

  • EQUIS

  • AMBA

Living Cost of Vilnius, Lithuania

Here is the monthly living cost of Vilnius city to study MBA, BBA and MIM in Lithuania:

ParticularsApprox Range in USDApprox Range in RS

Food

292 USD

20,440 Rs

Transportation

36 USD

2,520 Rs

Note: 1 USD - 70 Rs (approx)




Courses & Fees


ISM University of Management and Economics - BBA Fee Structure 2023

The college provides affordable fee for doing BBA in Lithuania at ISM University of Management and Economics:

ParticularFee in EuroFee in USD

Annual tuition fee with a state study scholarship

2332 €

2844 USD

Semester price

2480 €

3025 USD

ISM University of Management and Economics - MBA Fee Structure 2023

The institute offers cost-effective fee for doing MBA course in Lithuania:

MBA courseFee in EURO (Approx)Fee in USD (Approx)

Semester price

3300 €

4024 USD

ISM University of Management and Economics - MIM Fee Structure 2023

MIM course will be affordable by students at ISM University of Management and Economics:

ParticularTuition fee in Euro (approx)Tuition fee in USD (approx)

Semester price

2475 €

3002 USD

BBA Course Structure

Have a look at the BBA program structure semester wise to study at ISM University of Management and Economics:

Course year1 semester2 semesters

1 year

Applied Mathematics in the Social Sciences (FUN114, LT)
Logical reasoning (MNG241)Marketing Principles (MNG103)
Financial Fundamentals (FIN114)
Fundamentals of Economics, Business and Management (MNG101)
Writing and presentation of academic works (HUM108, LT)

Microeconomics (ECO101, E, VVR)
Organizational Behavior (MNG107)
Quantitative decision methods (FUN118, LT)
Financial accounting (FIN101, LT)
Optional subject

2 years

Business Ethics and Sustainability (MNG239)
Statistical data analysis (FUN107, TVK, ITV, VVA)
Macroeconomics (ECO102)
Business Research Methods (MNG165)
International Business (MNG108)

Advertising and sales promotion (MNG245)
Customer Relationship Management (MNG244)
Neuroscience (MNG238)
Entrepreneurship (MNG110)
E-Commerce (MNG154)

3 years

Global Supply Chain Management (MNG243)
Corporate Governance and Business Law (MNG240)
Digital Marketing (MNG234)
Strategic Management (MNG109)

Optional subject

4 years

Internship (MNG144)
Bachelor's Thesis (MNG120)

-

ISM University of Management and Economics - MBA Course Duration

The students wishing to study MBA in Lithuanian must complete the entire MBA education in 1 year at the ISM University of Management and Economics.

MBA Program Structure

Have a look at the BBA program structure semester wise to study at ISM University of Management and Economics:

Course year1 semester2 semesters

1 year

Application of Artificial Intelligence (GRAI019)
People, organization and innovation (GRAI020)
Business Strategy (GRAI012)
Business Finance (GRAI009)
Sustainable development of new technologies (GRAI018)

Innovation Project Management (GRAI024)
Innovation Process Management (GRAI021)
Technology and Innovation Management (GRAI022)
Innovation and Technology Management Research Project (GRAI023)
New Product Development (GRAI014)

2 year

Master's Thesis (GRAI011)
Optional subject

-

ISM University of Management and Economics - MIM Course Duration

At ISM University of Management and Economics, The candidates willing to study MIM must complete the entire education in 1.5 years.

ISM University of Management and Economics - MIM Course Syllabus

Check out the course structure to study the MIM program at ISM University of Management and Economics:

Course year1 semester2 semesters

1 year

Corporate Social Responsibility and Sustainability (GRAV034)
International Management II (GRAV028)
Marketing Research Specific Issues (GRAV029)
Service Marketing (GRAV020)
Multidimensional Statistics (GRAV007)

Research methodology (GRAV001)
User Value Analytics (GRAV031)
International Consumer Behavior (GRAV010)
Brand Management (GRAV022)
Company Finance II (GRAV012)

2 year

Research project (GRAV032)
Integrated Marketing Communication (GRAV033)
Social Marketing (GRAV030)
New Product Development and Service Innovation (GRAV025)
Competitiveness Microeconomics (GRAV027)

Master's Thesis (GRAV016)

Programs at ISM University of Management and Economics

The applicants must check out the wide varieties of programs offered at the University of Management and Economics:

1. Undergraduate Studies

  • Business Management and Analytics

  • Economics

  • Economics and Politics

  • Finance

  • International Business and Communication

  • Industrial Technology Management

2. Graduate Studies

  • International Marketing and Management

  • Financial Economics

  • Innovation and Technology Management

3. Executive Studies

  • Financial Strategy and Management

  • International Business

  • Human Resource Management

  • Leadership: Power Actualisation

  • Managerial Accounting Analysis

  • Managerial Economics

  • Marketing Strategy and Management

  • Project Management

  • Strategic Management



Admission


Eligibility Criteria (For BBA)

Fulfill the basic criteria to be eligible for BBA admission in ISM University of Management and Economics:

  • The applicants must complete higher secondary class education for BBA admission.

  • The students must have a valid passport to admit to the BBA program at ISM University of Management and Economics.

  • At least 36 ECTS credits in subjects of the field of management/economics.

  • Pass in English proficiency exams to study at ISM University of Management and Economics.

  • TOEFL: 60

  • IELTS: 5.5

Documents Required (For BBA)

The students must submit the important documents to study BBA at ISM University of Management and Economics:

  • Application form

  • 11th mark sheet

  • 12th mark sheet

  • COVID-19 reports

  • Birth certificate

  • Passport size photos

  • Transfer certificate

  • Identity proof

  • Migration certificate

  • Bank receipt

  • Invitation letter

  • Medical certificate

  • HIV reports

  • Caste certificate

  • Proof of English Language Proficiency Scores

  • Copy of passport / ID card

  • Certificates/diplomas for which additional points are added upon admission

  • Bank payment receipt of the tuition fee (EUR 50)

  • Copies of the maturity certificate and its annex.

  • Motivation interview on Skype

  • Documents proving achievements in national and international competitions Proof of adequate financial resources

Eligibility Criteria (For MBA)

The candidates must always keep the basic admission criteria in mind for the MBA course admission:

  • The students should complete higher secondary education with good marks.

  • The applicants should apply for the MBA program with a valid passport.

  • The candidates must have at least 36 ECTS credits in subjects of the field of management/economics.

  • The students must complete a minimum of a bachelor degree or equivalent nationally recognized undergraduate degree from an accredited college.

  • The entry qualification documents are accepted in the English language only.

  • The students can get a suitable transcript from school, If not then they need official translations along with verified original copies.

The students must prove English language proficiency for admission -

  • TOEFL IBT - 72

  • IELTS - 5.5

  • PTE General - level B2

  • FCE - level B

  • CPE - satisfactory pass

  • CAE - satisfactory pass

Documents Required (For MBA)

Essential documents should be kept ready to submit for MBA admission at the ISM University of Management and Economics:

  • Application form

  • Bachelor's degree

  • Higher secondary education certificates

  • Invitation letter

  • Passing certificate

  • Birth certificate

  • Migration certificate

  • Caste certificate

  • HIV test certificate

  • Covid-19 report

  • Medical report

  • Transfer certificate

  • TOEFL & IELTS scores

  • Passport size photographs

  • Updated resume

  • Bank receipt

  • Curriculum vitae in English

  • An essay in English

  • Passport copy

  • Academic activities documents confirming (if applicable)

Note:

  • Applicants must upload documents in their original language and also translations into English medium.

  • Diplomas and transcripts issued outside the EU must be legalized with a legalization stamp or Apostille.

Eligibility Criteria (For MIM)

Fulfill the basic criteria to be eligible for BBA admission in ISM University of Management and Economics:

  • The applicants must have a bachelor degree to pursue a MIM education at the ISM University of Management and Economics.

  • The candidates must have a valid passport to fly in Lithuanian to pursue MIM.

The students must have excellent English proficiency proof for MIM admission -

  • TOEFL: 65

  • IELTS: 6

Documents Required (For MIM)

Submit the important educational and other documents to proceed for the MIM admission at University:

  • Application form

  • Higher secondary mark sheets

  • Invitation letter

  • Medical reports

  • ID proof

  • Bank statements

  • HIV reports

  • Passing certificate

  • Birth certificate

  • Migratory certificate

  • Caste certificate

  • Covid-19 report

  • Transfer certificate

  • Passport size photos

  • Undergraduate degree diploma and diploma supplement

  • Accepted proof of proficiency: FCE or CAE, IELTS 6+ or TOEFL 79+

  • Curriculum vitae (in English)

  • An essay in English

  • Copy of passport

  • Documents confirming academic activities (if applicable)

ISM University of Management and Economics - Intake Dates 2023

The students should be aware of intake dates to pursue education in ISM University of Management and Economics:

EventsDates

Application Start Date

NA

Invitation Letter

Within 2 weeks

Start of studies

NA

Application deadline/b>

Autumn semester: May
Spring semester: November




Placement 










Scholarship



Hostel



Q & A


ISM University of Management and Economics - Important FAQs

No, ISM University of Management and Economics doesn't offer any accommodation inside the campus but assists the students to find a place to stay.

The candidates must complete 1.5 years of the MIM program at the ISM University of Management and Economics.

The candidates must complete 3 years of BBA at the ISM University of Management and Economics.

ISM University of Management and Economics offers an entire education in English or English and Lithuanian medium.

The students must complete 1 year of MBA course at the ISM University of Management and Economics.

The students must pay 3002 USD for MIM education at the ISM University of Management and Economics.

No, the students never face any language barrier as the medium of teaching is the English language at Zaporizhzhia State Engineering Academy.



  • Client
    RMS EDU
  • Budget
    Tuition Fees (Approx) MBA: 4024 USD BBA: 2844 USD MIM: 3002 USD
  • Duration
    MBA: 1years BBA: 3 years MIM: 1.5 years

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