Bachelor’s programme

Entrepreneurship and Innovation

You will experiment, learn through experience, get acquainted with the world of technology and, most importantly, discover your place in it. After your studies, you will be able to develop a startup or move up the career ladder in a variety of innovative companies.

Tomas Vasiliauskas, ISM verslumo ir inovaciju studentas.
The most valuable thing in business is contacts, which is why I joined ISM. A lot of competent people from different countries work here: you can freely consult with them, cooperate in business development.
Tomas Vasiliauskas
ISM student, co-founder and manager of the start-up Agenic
Bachelor’s programme

Get to know the study programme

You will experiment, learn through experience, get acquainted with the world of technology and, most importantly, discover your place in it. After your studies, you will be able to develop a startup or move up the career ladder in a variety of innovative companies.
English
3 years including bachelor’s thesis
Bachelor of Business Management
180 ECTS
Create a Startup while studying at University: Entrepreneurship and Innovation
08:46
Eigirdas Žemaitis
Entrepreneurship and Innovation Program Director
This program is designed for students who enjoy uncertainty and problem solving. It is for those who want to use their digital skills to create new businesses, solve corporate problems and experiment with different ideas. The purpose of this program is to develop innovators who could create business ideas and develop them in already operating companies.
Eigirdas Žemaitis Verslumas ir inovacijos programos vadovas
#SignatureCourses
Michelle Messina
Continious Business Development Project
This intensive course is designed for new entrepreneurs who want to start and grow a business. The lectures are led by Silicon Valley professionals who focus on brainstorming, teamwork, building connections and strengthening critical thinking, and the lectures culminate in the final Demo Day. The course is highly interactive and provides the student with the competencies to establish or work in a startup.
Michelle Messina, ISM verslumo ir inovaciju bakalauras.
Gediminas Buivydas
Design Thinking and Social Research
The Design Thinking and Social Research subject offers students a unique opportunity to combine design thinking with social research to create innovative and relevant solutions. In this course, students learn not only how to effectively solve problems, but also how to understand consumer needs and expectations. It certainly helps shape future leaders who are capable of creating meaningful and sustainable innovations.
Gediminas Buivydas, ISM verslumo ir inovaciju bakalauras.
Paulius Rauba
Elements of AI
The course provides students with an overview of the fundamental principles of artificial intelligence. The world is witnessing an increasing dependence on artificial intelligence in various sectors. Those who fail to adapt are left behind in a competitive and increasingly technology-driven market. We developed this course with the changing market in mind and provide students with the necessary tools, methods and techniques to understand the essential elements of AI in the world of business and economics.
Paulius Rauba. ISM, Ekonomikos ir Politikos bakalauro studijos.
Eigirdas Žemaitis Verslumas ir inovacijos programos vadovasMichelle Messina, ISM verslumo ir inovaciju bakalauras.Gediminas Buivydas, ISM verslumo ir inovaciju bakalauras.Paulius Rauba. ISM, Ekonomikos ir Politikos bakalauro studijos.
Your studies

Program structure

Semesters
1
2
3
4
5
6

What will I learn?

You will put together a team and start developing innovative ideas
You will learn to apply design-oriented thinking technologies and understand global trends and applications of technology
You will understand the basic entrepreneurial models and funding opportunities for start-ups
You will learn to think critically.

What will I learn?

You will put together a team and start developing innovative ideas
You will learn to apply design-oriented thinking technologies and understand global trends and applications of technology
You will understand the basic entrepreneurial models and funding opportunities for start-ups
You will learn to think critically

What will I learn?

You will learn to prototype your business ideas and use technology to implement them
You will do an internship in start-ups
You will be able to adapt your newly-gained knowledge to grow your business

What will I learn?

You will learn to prototype your business ideas and use technology to implement them
You will do an internship in start-ups
You will be able to adapt your newly-gained knowledge to grow your business

What will I learn?

You will learn to adapt innovation processes to develop your business
Prepare a final thesis for the development of your start-up or solve the digitization challenges for other companies

What will I learn?

You will learn to adapt innovation processes to develop your business
Prepare a final thesis for the development of your start-up or solve the digitization challenges for other companies
Your future specialty

What can I be?

A Founder of a startup

Marketing Manager

Business Manager

Project manager

Product Manager

Business Consultant

Radvile Antanaviciute, ISM verslumo ir inovaciju studente.
Working at a start-up gives you the freedom to create and solve problems that are relevant to society. My daily work consists of problem solving, market analysis and communication with potential customers. The knowledge I gained at ISM helps me to understand the basic principles of starting a job. Besides, I learned what is important in attracting investment and what competencies are needed to do so.
Radvilė Antanavičiūtė
Business Development Specialist at Traxlo, ISM student
What makes ISM special?

What makes ISM special?

Supportive Community

ISM is a boutique university where members have the opportunity to get to know each other well, including both students and business representatives. Here, professors remember your name and are familiar with your journey. We learn and celebrate together. ISM hosts a variety of student clubs and is guided by the idea of lifelong learning.
ISM community exhibits highly competitive environment, which both permits students to bring the best version of themselves along with creation of strong and resourceful network.
Vytenis Kukulskis (Ekonomikos ir Politikos bakalauro alumnas). ISM Universitetas, Ekonomikos ir Duomenu analitikos bakalauro studijos.
Vytautas Kukulskis
Alumnus of ISM Economics and Politics Bachelor’s programme
ISM Vadybos ir ekonomikos universitetas, stundetai, foto
Life at ISM

What makes ISM special?

Close Relationship with Business

In classes, students constantly tackle current business issues. Our students even complete internships in companies twice during their studies to better discover what suits them. The result? Business representatives highly value ISM students and alumni!
As an ISM student, I participated in visits to top Vilnius companies, including EY Lithuania, where I now work. These visits helped me build connections, explore career options, and showcase my skills to my current employer.
Yung Mihdi Nyelle ISM Universitetas, Bakalauro studentstudijos
Yung Mihdi Nyelle
Accounting Consultant at EY, ISM University student
ism university business
Life at ISM

What makes ISM special?

Located in the Heart of Vilnius

We’ve revitalized a historic building right in the heart of Vilnius. Here, in the lively Gedimino Avenue, you’ll find some of Lithuania’s largest companies and institutions. From the terrace where our community enjoys coffee together, you’ll have a breathtaking view of Gediminas’ Tower!
The campus is truly inspiring. I believe that having the opportunity to view the beautiful architecture in this location through G7’s large windows is incredibly motivating for students to pursue their goals.
Karolina Maria Orr ISM Universitetas
Karolina Maria Orr
Public Relations Account Executive, ISM University alumna
ISM Universitetas, Bakalauro studijos. Kuo ypatingos studijos? ISM - Vilniaus centre.
Life at ISM

What makes ISM special?

Internationality

Right here in the heart of Vilnius, you’ll feel like you’re abroad, as ISM boasts many international professors, and your fellow students come from various countries around the world. Here, you’ll build a strong international network. And if you wish, you’ll have the opportunity to earn a double degree with universities in France or Norway.
One of the strongest things I took away from ISM is the belief that I can achieve anything I want. Because during your studies you get to meet people from various cultures, you quickly learn that you have a lot more opportunities and don’t necessarily have to limit yourself to one market, such as Lithuania, for example.
Deividas Matačiūnas, ISM Vadybos ir Ekonomikos universitetas, Bakalauro studijos, foto
Deividas Matačiūnas
Technical Data Analyst at Sunrise, ISM University alumnus
ISM Vadybos ir ekonomikos universitetas, stundetai, foto
Bachelor’s studies

Programme benefits

ISM web programu ikonos
You’ll understand entrepreneurship
The programme’s foundation is business development from idea to financing.
ISM web programu ikonos
Prominent startups
The programme was created in collaboration with the leading startups in Lithuania.
ism programme icons
Innovative learning methods
Learning through “learning by doing” and “challenge-based learning” principles.
ISM web programu ikonos
The most prominent consultants
You’ll receive guidance from experts as well as investors and participants in Lithuania’s startup ecosystem and Silicon Valley

Opportunities abroad

Erasmus for young entrepreneurs, inovacijos ir verslumas.
Unique opportunity

Erasmus for Young Entrepreneurs

Students in the Entrepreneurship and Innovation Program have access to the Erasmus for Young Entrepreneurs international business mentoring program in a selected foreign country and are eligible to receive financial support.
ism university erasmus
Student exchange

100+ university exchange partners worldwide

One third of which have at least one prestigious business university accreditation (AACSB, EQUIS, AMBA).

News and events

ISM community speaks

ismuniversity
instagram reel
We grabbed a chat with one of our most excelling Entrepreneurship and Innovation students, @tarangmi!
ismuniversity
instagram reel
Just some of our favourite spots on ISM campus!
ismuniversity
You’ve got 3 minutes to pitch your business idea 🦄. How do you win over the investors?
ismuniversity
instagram reel
What to do after your Econ lectures? 💃 Let loose and dance to Latin beats with ISM students’ Dance Club, of course!

Here we didn’t seek answers – we crafted our own solutions. Such creativity led me to study in South Korea, Japan, and to co-found a successful biotechnology startup.

Benediktas Zemaitis, ISM verslumo ir inovaciju studentas.
Benediktas Žemaitis
Co-founder at InGenes, ISM student

Price, financing, and admissions

Tuition fees

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

2990 EUR — Economics and Politics

2990 EUR — Economics and Data Analytics

2990 EUR — Finance

2990 EUR — International Business and Communication

2990 EUR — Business Management and Marketing

3490 EUR — Entrepreneurship and Innovation

Application fee

The application fee is 100 EUR.

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

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

Admission rules

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 2024 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

Investing in studies pays off

25
%
On average higher salary a year after graduation than graduates’ of other Lithuanian universities*
1940
Average netto salary of bachelor’s graduates in 2 years after graduation**
25
%
Bachelor graduates hold middle or top management positions 2 years after graduation**
*Calculations made by ISM University according to 2019 STRATA data, comparing the salaries of graduates of first cycle studies in economics, finance, marketing, human resources, business and management. **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.
Contacts
 Ilona Misiuk, ISM International Projects Manager
Ilona Misiuk
International Projects Manager
+370 697 57 586 ilona.misiuk@ism.lt
 Mėta Kvedaravičiūtė, Junior Admissions Officer
Mėta Kvedaravičiūtė
Junior Admissions Officer
+370 612 91 440 meta.kvedaraviciute@ism.lt