Are you looking for a programme that combines creativity, entrepreneurship and innovation? Here it is! * This is a new generation programme for those, who are not afraid to break the rules. It is founded upon the principle of “learning by doing”, so the 3 year study programme is largely based on an individual business project. Here you will experiment and learn through business simulations, you will closely explore with the world of technology and test your strengths in various roles of business creation. Here you will apply creativity and critical thinking in developing business models and plans, and marketing strategies. Apply during early admission (until April 31st) and enrol at an international university before your exams. Places in the programme are allocated based on a special selection process.
After graduation you will be able answer these questions:
How to use innovative technologies to solve consumer problems? How to set up sustainable startups?
Businesses and startups
How to identify market opportunities? How to analyse the processes of existing companies and contribute to their digitisation? How to create a new generation of “intelligent enterprises”?
How to make decisions based on the use of AI and other state-of-the-art technologies? How to address the challenges of public sector digitisation?
Government institutions, GovTech
How to adapt the next generation of artificial intelligence solutions?
Banks and Fintech
“The Entrepreneurship and Innovation programme is one of the most advanced global business programmes to help you holistically explore opportunities from idea testing to unicorn development.”
Co-founder of “Tesonet”
“Although we already have many successful startups in Lithuania, educational institutions still provide insufficient knowledge about the specifics of creating innovative businesses (startups) and attracting investment. This programme fills this gap. The creators of successful Lithuanian startups also contributed to the development of the programme. Therefore, we firmly believe that the graduates of this program will have an even greater impact on our startup ecosystem.”
Director of “Startup Lithuania”
“This unique study programme provides an opportunity to get to know and prepare for work in companies with high added value and development potential. Students will gain a unique advantage in pursuing career heights or starting their own businesses. ”
Partner at “70 Ventures“
The graduates of this programme will be able to create their own startups or hold strong positions in technology companies
This programme offers various unique opportunities
“This programme is designed for students, who like uncertainty and problem solving. It’s for those who want to use digital skills to build new businesses, solve business problems and experiment with a variety of ideas. As technology has become even more entrenched in recent years, there has been a strong need for professionals who can navigate the world of innovation. There are no right answers in such an environment, so experimenting is especially important. Thus, the goal of this programme is to develop innovators, who can create business ideas or develop them in existing companies.”
Programme director of “Entrepreneurship and Innovation”
You will gain international business experience
Learn to communicate effectively in other markets and make decisions
You will receive financial support
Learn from international business experts
Interested in the programme? Enrol now!
How will you learn?
This new generation study programme is based on the “flip classroom” method, whereby students learn and gain experience in an ongoing business project and during the lecturers, which helps to consolidate their knowledge and seek answers to questions raised during the ongoing business project.
“Problem solving” is used during the lectures, in the form of discussions, as means of finding common solutions, experimentating, reflecting and gaining feedback from students and business representatives.
The programme will use “Design thinking” methods and interactive visual collaboration tools to develop creativity and innovative thinking.
This is the first study programme of this kind in Lithuania.
Bachelor of Business Management
on average higher salary compared to graduates of other LT universities
Data: Lithuanian Government Strategic analysis center, graduates of economy, finance and management, 2017
average salary after tax 2-3 years after graduation
Survey of ISM graduates 2019
graduates would recommend studies at ISM to friends or family
graduates are employed in their degree field
lecturers from abroad
owns a business
This course is based on the Harvard CS50x course curriculum – introduction to the intellectual enterprises of computer science and the art of programming. Through the course, students learn how to solve real-life problems in the most efficient way using algorithms. The course introduces problem-solving, which is inspired by the arts, humanities, social sciences, and economics especially. No prior knowledge in programming is required. Students are expected to create a personal final project. The course will examine in depth the programming fundamentals.
Aim of the course
The aim of the course is to learn essential programming skills and get hands-on experience by solving real-life problems. The course aims the need for leaders to understand the principles of IT products’ development for effective decision making.
The course introduces the phenomena of innovation management and its importance for the competitiveness of the firm. The course provides with insight into how individuals, teams, company culture, environment and leadership interplay in innovation processes. The course is based on numerous practical real-life cases, examples and managerial tools. It develops innovation processes assessment and management skills as well as skills of applying proper routines, strategies and policies. The course is an overview of creative human capacities and creative processes towards innovation.
The general aim of this course is to focus on how firms should manage innovation-related activities at the strategic, organizational and managerial levels in order to remain competitive in a fast changing economic and technological scenario. The specific aims of the course include the following:
This is an introductory course of basic micro- and macroeconomic concepts, as well as of fundamentals of management theory. Topics include supply and demand theories, market structures/ factors, the determinants of business strategy and various aspects business organization. The course will have a focus on international economics and global business behavior. It will stress on preparing students for a successful career, using economic and business concepts in a market oriented society. It shall also serve as a foundation upon which students can build advanced studies in economics.
The objective of Principles of Economics for Business and Management syllabus is to provide students with a basic understanding of how the economy as a whole works. The participants shall be exposed to basic economic concepts, in order to gain a framework for viewing and interpreting the economic and business world around them. This course acts as prerequisite for the Microeconomic and Macroeconomic courses.
Get the world-class education you deserve
Register for a consultation and we will help you find the best financial offer!
I recommend everyone not to hesitate and take an Exchange step that can change your life!
Karolis Stramkauskas, France
International exchange programs are one of the most important experiences that students should not miss. I was selected for a bilateral exchange in Colorado, USA, and had a great opportunity to expand my knowledge and cultural diversity.
Simona Rybakovaitė, Australia
The exchange program in Australia is the best thing that has ever happened in my life: I have met a lot of different people with whom I have been in very close contact so far, I have seen the amazing nature, cities, and culture of Australia. I’ve attended memorable parties and festivals!
Paulius Rauba, South Korea
During my studies, I went to South Korea with an exchange program, represented ISM in Japan, and participated in various debates and business competitions abroad. It was a great opportunity to gain international experience while living and studying in Vilnius.
After graduation, you will be able to
Explain the importance and necessity of the use of technology in solving consumer problems, modeling the processes of the new generation of companies
Improve business processes by digitising activities
Apply the latest knowledge of technology application in solving relevant social, economic and environmental problems of consumers
Predict economic scenarios, anticipate the economic consequences of decisions made in companies and organizations, and forecast potential changes in demand and supply.
To predict the impact of new exponential technologies and trends on the creation of new business, company decisions
General admission :
Admission is underway
Additional admision :
2021-07-20 – 2021-08-10
Student admission officer
Interested in the programme? Register for a consultation!
Other undergraduate programmes
Studies which introduce a business and its various processes from various angles.
Program aims to let you see the world of business from all angles – communication, marketing, social responsibility, and international economics.
This programme erases the traditional boundaries between the disparate fields of economics, political science, and business.
This forward-looking program is meant for 21st century management professionals who want to be at the forefront of the constantly-evolving field of industrial technology.
This program equips future financial experts with skills that will respond to technological changes and global market trends.
Students of the programme learn to understand and analyse economic processes at all levels – from user behavior to global economic trends.
Corporate Governance and Business Law (MNG240)
Customer Relationship Management (MNG244)
Business Ethics and Sustainability (MNG239)
Financial Accounting (FIN101, LT)
Marketing Principles (MNG103)
Principles of Finance (FIN114)
Statistical Data Analysis (FUN107, TVK, ITV, VVA)
Business Research Methods (MNG165)
International Business (MNG108)
Organizational Behavior (MNG107)
Bachelor Thesis (MNG120)
Microeconomics (ECO101, E, BMM)
Strategic Management (MNG109)
Mathematical Analysis (FUN101, LT)
Financial Management (FIN102)
Principles of Economics, Business and Management (MNG101)
Academic Writing and Presentation Skills (HUM108, LT)
International Economics and Trade (ECO121)
International Negotiations (MNG173)
International Business Communication (MNG140)
International Marketing (MNG124)
Microeconomics (ECO101, IBC)
Macroeconomics (ECO102, TVK)
Bachelor Thesis (MNG157)
Mathematical Analysis (FUN101, EN)
Quantitative Decision Making (FUN118, EN)
Academic Writing and Presentation Skills (HUM108, EN)
Financial Accounting (FIN101, EN)
Macroeconomics (ECO102, E, EP, ITV)
Microeconomics (ECO101, F, EP, ITM)
Mathematical Methods in Economics (FUN105, EN)
International Relations (POL104)
History of Political Ideas (POL137)
Principles of Finance (FIN114, EN)
Introduction to politics (POL101)
Comparative Politics (POL103)
Finite Mathematics (FUN122)
Bachelor Thesis (POL117)
Public Finance (FIN104)
Statistical Data Analysis (FUN107, E, EP, F)
Social Research Methods (FUN108)
Political Economy (POL138)
Managerial Economics (ECO107)
Intermediate Macroeconomics (ECO129)
Welfare Economics (ECO122)
History of Economic Theories (ECO103)
Technical Graphics (FUN134)
Computer Programming (IT103)
Technology Project (MNG211)
Foundations of Manufacturing Technology (FUN126)
Data Management (FUN119, EN)
Bachelor Thesis (MNG214)
Operations Management (MNG152)
Innovation Management (MNG162)
Managerial Accounting (FIN103, EN)
Total Quality Management (MNG164)
Project Management (MNG163)
Financial and Business Ethics (MNG237)
Finite Mathematics (FUN103, EN)
Corporate Finance (FIN117)
Advanced Financial Accounting (FIN118)
Bachelor Thesis (FIN120)
Personal Finance (FIN115)
Investment Management (FIN107)
Financial Markets and Institutions (FIN105)
Mathematical Methods in Economics (FUN105, LT)
Quantitative Decision Making (FUN118, LT)
Economic Forecasting (ECO108)
Finite Mathematics (FUN103, LT)
Bachelor Thesis (ECO116)