ISM University of Management and Economics

Key Highlights

• Independent private university established in 1999
• Institutionally accredited for seven years from 31 August 2021
• Specialized in management, economics, business, finance, and related fields
• Active bachelor’s, master’s, and doctoral recruitment documented for 2026

Student Life & Environment

Student life is centered on a compact university community rather than a residential campus. The 2025 student handbook, the newest handbook located during research, describes an elected Students’ Association that represents students, organizes events, and appoints student delegates to university bodies. A clubs fair takes place during Freshmen’s Integration Week. Clubs identified as active in that handbook include debate, golf, politics and podcasting, investment, marketing, and volleyball, although the roster may change by academic year. Orientation and peer integration include a freshman camp and student-buddy or mentoring opportunities. Students receive event information through university email, calendars, newsletters, on-campus screens, and Students’ Association channels. Academic life is supported by a library with physical and electronic materials, subscribed databases, research assistance, and a Bloomberg terminal. The handbook also states that psychological consultations are available to university community members in Lithuanian and English. International mobility is a substantial extracurricular option. All ISM students may apply for exchange, subject to academic eligibility and program timing. Applications are normally organized twice each year. Participation and financial support are competitive, and students need to coordinate overseas courses carefully with compulsory requirements in their ISM curriculum.

Location & Surroundings

ISM’s campus address is Gedimino Avenue 7, LT-01103 Vilnius. This is an urban, non-residential university setting, so daily life is integrated into the Lithuanian capital rather than organized around a self-contained campus. The university building includes teaching areas, a library, meeting rooms, and a basement coworking space. Academic-year access hours extend into the evening on weekdays, which is relevant because some graduate teaching is scheduled after normal working hours. Students should plan transportation and housing independently. The latest handbook states that ISM does not have its own parking lot and encourages public transport, cycling, or scooters. More importantly, the university has no dormitory. It works with several co-living providers in Vilnius that may offer ISM student discounts and provides an accommodation guide and support contact. These partnerships should not be interpreted as guaranteed university housing. Applicants should compare availability, contract terms, commute, and total private-market living costs before committing to a study place.

Costs & Career Outcomes

ISM is tuition-based, and charges differ by program. An official international-recruitment page lists standard semester prices of €3,190 for most named bachelor’s programs and €3,720 for Entrepreneurship and Innovation. Listed standard semester prices for international master’s programs range from €3,225 to €4,300. The 2026 Management doctorate page separately lists €6,340 per semester for full-time study and €4,226.50 per semester for part-time study. Applicants should confirm the amount in their study agreement because published prices can change and program-specific rules may apply. For international bachelor’s and master’s applicants, the 2026 admissions page states that an advance payment equal to one semester’s tuition is generally required after signing the study contract. It includes a €500 study-place reservation component that is non-refundable under the stated conditions. Application fees are separate. Housing and living expenses are additional, and ISM does not operate a dormitory. Competitive tuition support exists, but it should not be assumed. Published options include ISM scholarships offering discounts based on admission performance and other targeted schemes with their own eligibility rules. Career preparation is embedded through employer contacts, practical projects, internships, and a university Career Center. The student handbook permits voluntary internships throughout study and explains that degree programs may also contain compulsory internship modules. No independently verified current salary or placement rate was found, so applicants should ask for recent program-level career outcomes rather than relying on promotional claims.