Bachelor’s programme
Economics and Politics
This programme erases the traditional boundaries between the disparate fields of economics, political science, and business. Afterward, you’ll be ready for jobs like analyst, manager, politician, or scientist.
Studies at ISM provide many development opportunities not only by listening to lectures, but also by participating in politics, debate clubs, and international events.
Paulius Rauba
Oxford and ISM Universities alumnus, Cambridge University Ph.D. student. He completed his studies at ISM free of charge, having received a “100 talents” scholarship
Bachelor’s programme
Get to know the study programme
This programme erases the traditional boundaries between the disparate fields of economics, political science, and business.
English
3 years + 6 months bachelor thesis
Bachelor of Social Sciences
210 ECTS
Dr. Vincentas Vobolevičius
Economics and Politics Program Director
At ISM I am surrounded by curious, positive students and dedicated, professional lecturers.
#SignatureCourses
Comparative Politics
Assoc. Prof. Dr. Pijus Krūminas
Comparative politics focuses on a wide range of political aspects and processes that take place between countries, from dictators to political parties, from elections to revolutions. During lectures and seminars, students work with data and engage in simulation games, deepening their understanding of how different political institutions work and their impact.
Public Finance
Assoc. Prof. Dr. Aras Zirgulis
In this course, you will uncover the secrets of government spending and taxes. The Public Finance/Economics course will provide the tools to critically analyze policy decisions from an economic perspective. Not only will you discuss politics, but you will also understand it. Public finance lectures will bridge the gap between politics and economics, providing knowledge on how to assess the real impact of political actions on economic systems. You will eventually master the art of policy making. By learning how economic theories shape political agendas and influence social outcomes, this knowledge will give you a competitive advantage in any political career or discourse.
Political Economy
Dr. Vincentas Vobolevičius
Political economy is a cornerstone of the Economics and Politics program, representing the synthesis between economics and politics, which serves as a source of knowledge and a wellspring of inspiration for bachelor's thesis topics. Throughout this course, students not only delve into understanding why various economists proposed different solutions to economic growth, income inequality, and technological progress, but also explore the reasons politicians choose to adopt or disregard economists' recommendations. And, just to clarify, it's certainly not because politicians are unintelligent or irrational.
Your studies
Program structure
Semesters
What will I learn?
You will abandon popular yet false clichés about politics, economy, and life in general
You will study linear programming, probability and graph theories
You will consolidate knowledge of game theory.
CoursesWhat will I learn?
You will abandon popular yet false clichés about politics, economy, and life in general
You will study linear programming, probability and graph theories
You will consolidate knowledge of game theory.
What will I learn?
You will learn to verify economic and political statements using regression data analysis for different types of data
You will also acquire the basics of finance - from the ability to analyze financial statements to understanding the parts of the financial system and their functions
You will learn what drives cross-border processes: war, terrorism, trade, international organizations and movements
What will I learn?
You will learn to verify economic and political statements using regression data analysis for different types of data
You will also acquire the basics of finance - from the ability to analyze financial statements to understanding the parts of the financial system and their functions
You will learn what drives cross-border processes: war, terrorism, trade, international organizations and movements
What will I learn?
You will study how businesses work
You will learn how to choose the right business model for your business, identify ways to assess the quality of results, create value for the customer, optimize costs, and manage risk.
You will find out how political institutions and the decisions they make determine the “engines” of economic growth, both theoretically and from a historical perspective
What will I learn?
You will study how businesses work
You will learn how to choose the right business model for your business, identify ways to assess the quality of results, create value for the customer, optimize costs, and manage risk.
You will find out how political institutions and the decisions they make determine the “engines” of economic growth, both theoretically and from a historical perspective
What will I learn?
You will learn to apply the acquired knowledge in practice during internship in public or private companies or non-governmental organizations
You will expand your network of professional relations and, if you don’t already have one, you’ll likely get job offers. You will be able to use all the knowledge gained during your studies and internship in writing a bachelor's thesis to solve a real problem in a real company
Your future specialty
What can I be?
Diplomat
Economist
Strategist
International relations specialist
Project manager at EU institutions
Politician
Board consultant
In my current job, I often use the intercultural communication skills acquired at the university, I also apply strategic thinking in developing a new refugee integration policy in Lithuania. Last year’s course in Migration Economics and Politics has definitely paid off: it crystalized all my core values on migration. I also find the knowledge of economics extremely helpful in many areas of my work.
Vilija Milčiūtė
Youth Volunteer Service Programme Leader at Jaunimo reikalų agentūra, ISM alumna
Bachelor’s studies
Programme benefits
Integrative programme
A unique program combining economics and political sciences.
Game Theory
The programme is based on game theory, following the experience of New York University
Innovative learning methods
Simulations of domestic and foreign policy (wargaming), strategy modeling, and other innovative learning methods.
International accreditation
The programme is recognized with international FIBAA accreditation.
Opportunities abroad
Double degree program
Double degree with BI Norwegian Business School
Study in Norway, in one of the world’s 1 percent of Triple Crown-accredited universities (AMBA, EQUIS, AACSB).How does this work? Selection takes place in the fourth semester of studies. Students who pass the selection will study at BI Norwegian Business School for one year.
How much does it cost? Tuition fees are payable at BI Norwegian Business School. A ten percent discount applies. Meanwhile the student is required to pay for the studies at the ISM University.
Where will I live while studying in Norway? BI Norwegian Business School offers various types of accommodation in student residences.
How will I benefit from this program? You will receive diplomas from two high schools almost at the same time. You will form an international circle of acquaintances. While studying abroad, you will broaden your horizons and be able to feel comfortable and work efficiently in a multicultural environment.
Student exchange
100+ university exchange partners worldwide
One third of which have at least one prestigious business university accreditation (AACSB, EQUIS, AMBA).How does this work? Each semester you can choose a university that is an ISM partner and participates in the selection. After successfully completing the selection, proceed to the exchange program next semester.
How much does it cost? No extra fees apply. You will pay the usual tuition fee.
How long does it take? The exchange semester lasts about 5 months
What do I have to do to participate in the exchange program? You have to pass the exams – you are permitted to fail only one exam.
News and events
At ISM I have met many personalities who constantly inspired me to seek more improvement.
Barbora Dulkytė
Senior Pricing Associate at Moody’s, ISM alumna
Price, financing, and admissions
Studies at ISM – accessible to everyone
Price
Semester fee
Yearly fee
Standard semester price with 50% ISM scholarship
1785
Eur
Participate in ISM scholarship competition and received funding of up to 50%
Standard semester price
3570
Eur
Find out about discount and scholarship opportunities
Standard yearly price with 50% ISM scholarship
3570
Eur
Participate in ISM scholarship competition and received funding of up to 50%
Standard yearly price
7140
Eur
Find out about discount and scholarship opportunities
Investing in studies pays off
20
%
On average higher salary a year after graduation than graduates’ of other Lithuanian universities.*
3039
€
The average gross salary of ISM bachelor’s degree graduates, three years after graduation.**
25
%
Bachelor graduates hold middle or top management positions 2 years after graduation**
*ISM University’s calculations based on SODRA data from 2024. **ISM Graduate Survey, 2022, 469 respondents were surveyed.
Consultation
Considering studies at ISM?
Register for a consultation and we will answer all your questions! Or have you already chosen a study program? Then apply online.
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