Bachelor studies

Economics, Management and Business study programmes – rated as the best in Lithuania!

Journal “Reitingai”, 2020

Admission

ISM BenefitsISM Early admission is a possibility to assess the entrant’s potential not only in terms of academic performance but also in terms of motivation. Based on this methodology, a person’s possibilities, determination, areas of interest, desire to learn are taken into account. Early admission allows to get to know each entrant during a motivational interview and thus help the young person to discover the best study solution.
Benefits of early admission:
• Sign study conditional contract before your exams
• Get 25% scholarship in advance
Visit international companies during your 1st year of studies (only for early applicants!)
No application fee (for applicants from EU, EEA, EaP and CIS countries)
Ensure timely completion of all procedures (visa, travel, housing, etc.)

Learn more about how you can start your career in the first year HERE

From February 1st to April 30th register in MY ISM system and submit the following documents:

– Copy of your passport or ID card;
– Marksheet from your last 1.5 years at school (or secondary education diploma if you have it already);
– Motivational letter of video (in English);
– Documents proving achievements in national and international competitions for additional points (Optional);
– Proof of adequate financial resources to cover the tuition fee and the living costs in Lithuania;
– Receipt from the bank confirming the application fee payment (if applicable).

Application deadline (my.ism.lt registration filled and application documents submitted) 30th April, 2021
Motivational interviews 23rd April – 14th May, 2021
Admissions’ Committee decision, Conditional Acceptance Letter, Study contract for signing and invoice for Tuition Fee are sent to admitted applicant’s personal email 18th – 19th May, 2021
Invoice should be paid by bank transfer and proof of the payment sent to the Admissions’ Office * 31st May, 2021
Two signed or e-signed copies of Study contract should be submitted to the Admissions’ Office 31st May, 2021
The final diploma of secondary education must be submitted to the Admissions’ Committee 31st July, 2021
Beginning of studies 1st September, 2021

CS = 0.5*MI + 0.5*AM + AP

CS – Competitive score
MI – Motivational letter/video and interview (evaluated on a scale to 10)
AM – Average marks from last 1.5 years at school (calculated by adding 3 marks)

  • Mathematics mark (multiplied by 0.4)
  • English mark (multiplied by 0.3)
  • History / Geography / Biology / IT / Another foreign language mark (multiplied by 0.3)

AP – Additional points

  • Winners of international Olympiad/competitions are eligible to get additional points: 1st place-0,5 points, 2nd place-0,3 points, 3rd place-0,2 points.
  • Winners of national Olympiad/competitions are eligible to get additional points: 1st place-0,3 points, 2nd place-0,2 points, 3rd place-0,1 point.

How is the motivation of the entrant assessed?
Motivation to study is assessed during a motivational interview taking motivational letter or video into consideration. The motivational interview is conducted by the admission commission. The conversation is conducted in English. Motivation is assessed on a 10-point scale.

What competitive score do I have to have to receive a scholarship during early admission?
Upon early admission, you can receive a 25% discount on studies before taking the exams. In order to receive this discount for studies, the competitive score formed from marksheet from your last 1.5 years at school and motivation is projected to be about 7 but that could change depending on the competitive scores of other students.

What do I need to do to get full scholarship?
During early admission step you can only expect to get 25% discount, but applying during this step gives you an exceptional conditions for receiving a 100% or 50% discount on studies. In order to receive a 100% discount, main admissions competitive score must be (predicted) 8.5. Take a look at the main admission competitive score formula because it differs from early admission one.

These scholarships are awarded according to the general competitive order of the entrants after receiving the results of the state maturity exams or final school grades.

The recognition of foreign qualification is carried out by ISM University of Management and Economics. The evaluation and recognition of foreign qualification is mandatory to all applicants. Procedure of evaluation and recognition of a foreign qualification for applicants to the University is provided free of charge.

The following documents must be submitted for recognition of a foreign qualification:

  • Diploma and its’ supplement;
  • Passport or national ID card;
  • Valid proof of name change (if applicable);
  • Official translations if documments issued in other than English or Lithuanian language;
  • Additional documents and/or information.

Applicants, who already have a statement of recognition issued by the Centre for Quality Assessment in Higher Education (SKVC), should submit such document in adoc format (if it was issued after 02-05-2018) or a copy of a statement (if it was issued before 02-05-2018).

The decision on the academic recognition of a foreign qualification shall be taken no later than within 15 working days from the date of receipt of all necessary documents at the University’s Study Service Department. The holder of the foreign qualification shall be informed by e-mail about the decision regarding recognition of the qualification, as well as information about the procedure and terms of appealing the decision.

Detailed information on the procedure of foreign qualification recognition, specific documents requirements, deadlines and appeal procedure can be found HERE.

General admission designed for international applicants who has successfully finished school and received(or soon will receive) secondary education diploma, has IELTS or TOEFL certificate.

REQUIREMENTS FOR APPLICANTS

  1. Secondary school diploma;
  2. TOEFL (IBT minimum score 60) or IELTS academic (minimum score 5.5) test certificate. If non of these tests are taken, you can register for ISM English test (For more information, please contact the Admissions’ Office);
  3. Competitive score consists of your final state exams (or annual grades, if there are no exams in the country of residence; or if they haven’t been taken the score will be calculated using annual school grade decreased by 50 %):
  • Mathematics
  • History
  • One of the following subjects: Geography / Biology / Information technology / Second foreign language

*In case a History exam was not taken, then two of the listed subjects are required.

Annual grade: English language.

  1. (Optional) Documents proving achievements in national and international competitions (Economics, Management, Politics or Equivalent. Copy of certificate must be added to application).
  2. Filled https://my.ism.lt online form

Information about recognition of foreign qualifications can be found HERE

Full guide to application you can download HERE.

 

Application deadline (https://my.ism.lt registration filled and application documents submitted) 19 June, 2021
Motivational interviews 15 – 19  June, 2021
Meeting of the Admissions’ Committee (Applicants don‘t participate) 22 June, 2021
Decision of the Admissions’ Committee communicated to the applicants 23 – 25 June, 2021
Conditional Acceptance Letter, Study contract for signing and invoice for Tuition Fee are sent to admitted applicant’s personal email 25-26 June, 2021
Invoice should be paid by bank transfer and proof of the payment sent to the Admissions’ Office * 31 July, 2021
Two signed copies of  Study contract should be submitted to the Admissions’ Office 31 July, 2021
Beginning of studies 1 September, 2021

* The payment should reach the university as soon as possible otherwise the risk occurs to delay visa procedure. University is preparing mediation letters for the visa process once tuition fees are paid.

 

For applicants from EU, EEA and CIS countries ( Belarus, Russia, Kazakhstan, Armenia, Georgia, Ukraine, Azerbaijan)

Application deadline (https://my.ism.lt registration filled and application documents submitted) 20 July, 2021
ISM English test.Tests can be taken individually, upon agreement with the testing person. Till July 20, 2021
Motivational interviews 25-29 May; 15-19 June; 13-17 July, 2021
Meeting of the Admissions’ Committee (Applicants don‘t participate) 22 July, 2021
Decision of the Admissions’ Committee communicated to the applicants 23 July, 2021
Conditional Acceptance Letter, Study contract for signing and invoice for Tuition Fee are sent to admitted applicant’s personal email 23-24 July, 2021
Invoice should be paid by bank transfer and proof of the payment sent to the Admissions’ Office * 31 July, 2021
Two signed copies of  Study contract should be submitted to the Admissions’ Office 31 July, 2021
Beginning of studies 1 September, 2021

 * The payment should reach the university as soon as possible otherwise the risk occurs to delay visa procedure. University is preparing mediation letters for the visa process once tuition fees are paid.

 **For additional information please contact the admission office at 

Composition of the competitive score

CS = EM x 0.4 + E2 x 0.2 + E3 x 0.2 + AG x 0.2 + ∑ AP+MI

EM  -evaluation of  national exam/secondary school exam/grade  for Mathematics

E2  -evaluation of  national exam/secondary school exam/grade for History (if there is no exam for History, then one of the exams listed in E3)

E3  -evaluation of  national exam/secondary school exam for Geography / Biology / Information technology / Second foreign language

AG annual English grade

AP – additional points*

MI – Motivational interview

*Winners of international olympiad/competitions are eligible to get additional points: 1st place-0,5 points, 2nd place-0,3 points, 3rd place-0,2 points.

Winners of national olympiad/competitions are eligible to get additional points: 1st place-0,3 points, 2nd place-0,2 points, 3rd place-0,1 point.

APPLICANTS FOR THE STATE STUDIES SCHOLARSHIP

Holders of foreign qualifications, according to the Minister of Education, Science and Sports of the Republic of Lithuania 19 of June 2020 No. V-932 approved order, can claim for scholarships in accordance with the procedures established by the applicable legislation in cases when:

  • They are citizens of the Republic of Lithuania or other member countries of the European Union (EU) or European Economic Area (EEA) and their family members;
  • They are non-EU and non-EEA nationals granted a right of permanent residence in the Republic of Lithuania or they are stateless persons;
  • They are Lithuanian nationals residing abroad, who reside or have resided abroad.

Holders of foreign qualifications willing to claim for scholarships must:

  • Contact the Centre for Quality Assessment in Higher Education (SKVC) regarding:
  • Pass the Lithuanian language test (if selected studies are conducted in Lithuanian and if the person has no proven record of language knowledge issued by competent authority);
  • Complete the online application;
  • Submit the application for admission to Lithuanian higher education institutions in the LAMA BPO system;
  • Submit the documents to LAMA BPO general acceptance Data processing point by the deadline.

Regarding the admission to higher education institutions of the Lithuanian nationals residing abroad, who reside or have resided abroad, who have completed secondary education in Lithuania

APPLICANTS NOT APPLICABLE TO THE STATE STUDY SCHOLARSHIP

The recognition of foreign qualification is carried out by ISM University of Management and Economics. The evaluation and recognition of foreign qualification is mandatory to all applicants. Procedure of evaluation and recognition of a foreign qualification for applicants to the University is provided free of charge.

The following documents must be submitted for recognition of a foreign qualification:

  • Diploma and its’ supplement;
  • Passport or national ID card;
  • Valid proof of name change (if applicable);
  • Official translations if documments issued in other than English or Lithuanian language;
  • Additional documents and/or information.

Applicants, who already have a statement of recognition issued by the Centre for Quality Assessment in Higher Education (SKVC), should submit such document in adoc format (if it was issued after 02-05-2018) or a copy of a statement (if it was issued before 02-05-2018).

The decision on the academic recognition of a foreign qualification shall be taken no later than within 15 working days from the date of receipt of all necessary documents at the University’s Study Service Department. The holder of the foreign qualification shall be informed by e-mail about the decision regarding recognition of the qualification, as well as information about the procedure and terms of appealing the decision.

Detailed information on the procedure of foreign qualification recognition, specific documents requirements, deadlines and appeal procedure can be found HERE.

TRANSFERING FROM OTHER UNIVERSITIES

ISM University of Management and Economics seeks to offer fair enrolment conditions to those that are currently studying or have studied at another university and wish to enter ISM. That is why ISM provides them with a possibility of having their previous study results recognised and credits transferred. This way, the students do not have to start their studies from the 1st year and take only the courses that are necessary to continue their studies.

ISM is also an approved holder of ECTS (European Credit Transfer System) Label since 2006. It is a widely recognised system for comparing the study results of students of higher education across the European Union and other countries. The ECTS Label is awarded only to the universities that can ensure a flawless credit transfer process. This means that the education acquired at ISM is acknowledged internationally, which allows its students to choose among the top universities when deciding on their exchange or future studies.

 

INFORMATION FOR HOLDERS OF FIREIGN QUALITIFICATION

Student who want to transfer from another university to ISM, should provide his following transcript and send to . Admission team will review your credits collected and provide you individual offer for transferring to ISM.

Information about Recognition of foreign qualifications can be found here.

The recognition of foreign qualification is carried out by ISM University of Management and Economics. The evaluation and recognition of foreign qualification is mandatory to all applicants. Procedure of evaluation and recognition of a foreign qualification for applicants to the University is provided free of charge.

Person who seek to transfer credits from other university, should submit not only a certificate issued by the university confirming the acquired credit, but also the documents of previous education (acquired before studies, i. e. secondary education).

The following documents must be submitted for recognition of a foreign qualification:

  • Diploma and its’ supplement;
  • Passport or national ID card;
  • Valid proof of name change (if applicable);
  • Official translations if documments issued in other than English or Lithuanian language;
  • Additional documents and/or information.

Applicants, who already have a statement of recognition issued by the Centre for Quality Assessment in Higher Education (SKVC), should submit such document in adoc format (if it was issued after 02-05-2018) or a copy of a statement (if it was issued before 02-05-2018).

The decision on the academic recognition of a foreign qualification shall be taken no later than within 15 working days from the date of receipt of all necessary documents at the University’s Study Service Department. The holder of the foreign qualification shall be informed by e-mail about the decision regarding recognition of the qualification, as well as information about the procedure and terms of appealing the decision.

Detailed information on the procedure of foreign qualification recognition, specific documents requirements, deadlines and appeal procedure can be found HERE.

 

 

Non degree students admission

ISM University welcomes international students for non-degree studies who are motivated to study and can fulfill admission requirements. A non-degree student is a person who studies course units or modules at ISM has signed a study agreement and complies with all the obligations provided in the agreement.

For additional information please contact admission team:

Ph.: +370 5 212 39 53

E-mail:

Tuition fee and funding

Get the world-class education you deserve

Why ISM?

  • 98% of ISM graduates are working within their degree field
  • 1/3 graduates owns a business
  • Opportunity to receive a double degree at prestigious European and US universities

98%

graduates would recommend ISM university to friends or family

ISM is a member of EFMD (European Foundation for Management Development), globally recognised accreditation body for business schools, business school programmes, and corporate universities, with 900+ members across 91 countries

ISM is on a track to prestigious AACSB (Association to Advance Collegiate Schools of Business) accreditation which provides international quality assurance for best business schools worldwide.

ISM is the only university in Lithuania granted 4 out of 5 palms by global university ranking “Eduniversal”.

100+ global university partners, one-third of which have at least one of prestigious business university accreditations (AACSB, EQUIS, or AMBA)

Lukas Tarasevičius,

I recommend everyone not to hesitate and take an Exchange step that can change your life!




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