Entrepreneurship and Innovation

ISM University charges a tuition fee. The fee is paid every semester. The same price applies both to EU and non EU students.

2790 EUR -- Economics and Politics

2790 EUR -- Economics and Data Analytics

2790 EUR -- Finance

2790 EUR -- International Business and Communication

2790 EUR -- Business Management and Marketing

3255 EUR -- Entrepreneurship and Innovation

The application fee is 100 EUR. Till 2023 04 30 there is no application fee for EU, EEA, CIS and EaP countries applicants.

It must be paid by transfer to the bank account of the ISM University of Management and Economics, and the receipt certifying the payment must be submitted to the enrolment system. Application fee is non-refundable.

Scholarships are available for all bachelor's programmes

Best International applicants who will be applying for 2023 September intake can get a scholarship that covers up to 100%* of the tuition fee. Once granted, scholarships will continue to apply in the next semester provided that the student’s average mark is not lower than the average mark of the course and the student has no failures or penalties. Only the best applicants will be granted with scholarships by admission committee decision.

Opportunity to get a SCHOLARSHIP up to 100% (only for early applicants)

Students who apply during the early admission period (November 1 – April 30) can expect to get a scholarship up to 100%. To get a scholarship, students are required to take ISM’s Test, which consists of three parts: English language, Mathematics and Logical Thinking.

Scholarships will be issued by the end of May to those students who:

• Have the highest average grades from school
• Are highly motivated
• Perform well on ISM’s Tests

ISM achievement scholarship

Even more motivation to study well at ISM university! Undergraduate students with the highest grades are awarded an Achievement Scholarship, which covers as much as 25 percent of the annual tuition fees.

The university offers as many as 10 Achievement Scholarships for each course. Scholarships are awarded for academic achievement to those with the highest weighted average in the same course. At the end of the academic year, a competitive queue will be formed based on annual students’ results, according to which the Achievement Scholarships are awarded.

If you have any questions, please contact the International Admissions team by e-mail bs@ism.lt

ISM runs a three-step selection process: fulfillment of eligibility criteria, online interviews, and an online Admissions Tests (for candidates who seek a scholarship).

How to apply?

To begin: Check eligibility

To be eligible to apply to ISM, a candidate must meet the following requirements:

• A secondary school education completed in 2023 or earlier.
• International English Language Exam or ISM English Test results* :
  • TOEFL(minimum score of IBT 60 points);
  • IELTS (minimum score of 6);
  • Cambridge English test Level B2 Certificate (minimum score of 165);
  • ISM English test (minimum score of 55) 
  • English state exam result is equal or higher than Level B2 if applicant is from Estonia or Latvia
• State mathematics examination or, if the person has not taken this exam, the ISM mathematics test results.

* Individuals, whose previous educational mode of instruction was in English may be exempted from the English language test (applicable to entrants from EU, EEA, CIS and EaP countries). Applicants from the above countries may take the state English language exam instead of the International Foreign Language Exam or the ISM English language test. After the motivational interview, the ISM admission commission reserves the right to request the applicant to take the ISM English language test.

All applicants who fulfill the formal entry requirements are welcome to submit an online application form.

Detailed admission instructions can be found HERE