One of the strongest economists in the country, such as Nerijus Mačiulis and Žygimantas Mauricas, have completed their doctoral studies at ISM University of Management and Economics. ISM University has a doctoral program in economics together with Vytautas Magnus University, Mykolas Romeris University, and Šiauliai University.
Length of study
Full time: 4 years; Part time studies: 6 years; Externally: up to 1 year.
Doctor of Economics
Objectives of the course – to deepen econometrics knowledge. Main themes: The classical linear regression model. Model specification. Violation of the assumption of the basic model, eg. heteroskedasticity, autocorrelation, multicollinearity. Dummy variables. Simultaneous equations models. Time series.
Study forms: individual work, consultations, exam.
An activity course involving practical experience in planning a research project, designing questionnaires, sampling, interpreting results and preparing a research report. The course provides an introduction to research methods used in business and management. It covers qualitative and quantitative methods, using primary and secondary data. The course is designed to provide students a solid foundation for conducting their own research and for critically evaluating and reading prior academic research. The course presents the fundamentals of the research process. The knowledge and competencies acquired in the study process will enable students to make methodological decisions in designing and planning research. The overall goal of the course is to equip students with the skills necessary to perform research.
During this course, you will:
Objective of the course – to introduce to the modern economics issues, to develop economic thinking. After this course students must to gain skills in analyzing and evaluating the macroeconomic processes using modern economic theories.
Form of studies: Lectures and seminars.
Thematic: modern economic theories and macroeconomic analysis
Didactics of higher education is an applied branch of education science. The following issues are analyzed in this course: the main phenomena of education and their relationship; the most significant teaching and learning theories; learning by doing. Teaching methods and their applications are covered: lectures, learning in small groups, projects, case studies, discussions, workshops, debates, brainstorming, etc. The other issues are teaching resources; teaching models for effective learning (consecutive and problem based), development of study programs and their logic, goals, tasks and structure; strategies for the development of productive learning environment; open and distance learning; control, assessment and evaluation of study results; assessment systems; problems of study quality assurance at university: dimensions, standards, criteria and methods.
The aim of the course is philosophically and critically interpret development of concept of science, process and conditions of diversity of science from epistemology, ontology, methodology, paradigmatic points of view. For the tasks topics of contemporary philosophy of science, the most important schools of philosophy of science of XX-XXI centuries and contemporary tendencies are considered. The course develops historical, critical, dialectics, hermeneutics, phenomenological, analytical, postmodern and other approaches to the interrelations of philosophy and science. The main specificity of the course is emphasizes of phenomenological and negative dialectics approaches and development of contemporary forms of fallibilism. The course is essentially philosophical and explains sense and significance of philosophical research for the development of dissertation project. Teaching methods: lectures, seminars, individual work.
Doctoral candidates may present their dissertation for defense when they:
– pass all the examinations provided in the doctoral study program;
– present their most significant research results in at least 2 articles published (or accepted for publication) in scientific peer-reviewed journals, or scientific monography;
– present their research results during at least 2 international scientific gatherings (conferences, seminars);
– complete academic practice.
“I was aware of the fact that high-level scholars come to teach doctoral courses, which is very important when growing up as a researcher. Doctoral studies showed that I made the right choice.“
Dr. Pijus Krūminas
ISM University of Management and Economics has a doctoral program in economics together with Vytautas Magnus University, Mykolas Romeris University, and Šiauliai University.
Barauskaitė, K., & Nguyen, D. M. A. (2020). Intersectoral network‐based channel of aggregate TFP shocks. International Journal of Finance & Economics, 1-22. https://doi.org/10.1002/ijfe.2193
Žukauskas, V., & Hülsmann, J. G. (2019). Financial asset valuations: The total demand approach. The Quarterly Review of Economics and Finance, 72, 123-131. doi:10.1016/j.qref.2018.11.004
Barauskaitė, K., & Nguyen, D. M. A. (2019). Intersectoral network-based channel of aggregate TFP shocks. Working papers series, 63, 1-69.
Barauskaitė, K., & Nguyen, A. D. M. (2019). Direct and network effects of idiosyncratic TFP shocks. Working paper series, 65, 1-69.
Soofi-Siavash, S., & Barauskaitė, K. (2019). Sectoral production and diffusion index forecasts for output in Lithuania. Discussion paper series, 12, 1-31.
Krūminas, P. (2019). Public R&D under diferent electoral rules: evidence from OECD countries. Constitutional Political Economy, 1-30. doi:10.1007/s10602-019-09283-5
Aldošina, K., Granskas, J., Klimavičienė, A., Kušlys, M., Šarapovas, T. (2018). Ekonomikos ir finansų užduotys su sprendimais (moksleiviams ir mokytojams): vadovėlis. Vilnius: ISM vadybos ir ekonomikos universitetas. 214 p. ISBN 978-9955-792-54-3.
Constantinescu, M., & Barauskaitė-Griškevičienė, K. (2018). Network-based macro fluctuations: evidence from Lithuania. Discussion paper series, 6, 1-27.
Constantinescu, M., & Barauskaite, K. (2018). Network-based macro fluctuations: what about an open economy? Baltic Journal of Economics, 18(2), 95-117.
Documents for application
Applicants must submit an online application https://my.ism.lt
State scholarships for full time studies (4 years)*
The scholarships will be offered to full time doctoral students in Management and Economics. A scholarship covers the tuition fee and provides a student grant ( 722 EUR/month). Candidates to the state doctoral study scholarships are selected by means of competition according to the results of the competitive entry score.
Discounts for ISM graduates
Doctoral students who are graduates of an ISM Bachelor’s, International Master’s, or Master’s degree in Management are granted an ISM graduate discount. The amount of the discount is 30% of the tuition fee paid for the entire study period.
Targeted scholarship for full-time doctoral studies in the field of Economics
Dedicated to research on borrowing behavior of small and medium enterprises in the context of crisis phenomena in the economy.
Doctoral Committee of Economics programme:
Doctoral Committee is composed of researchers from all participating partner universities, co-ordinates, and assures the quality of doctoral studies and scientific research.
Doctoral Committee evaluates research topics of doctoral students, approves individual study programs, considers doctoral supervision issues, monitors doctoral student research progress, and assesses the quality of doctoral dissertations.
Doctoral Committee of Economics:
1. Prof. dr. Vilija Aleknevičienė – VDU
2. Doc. dr. Aušra Pažėraitė – VDU
3. Prof. dr. Valdonė Darškuvienė – ISM
4. Prof. dr. Mindaugas Dapkus – VDU
5. Prof. dr. Kristina Levišauskaitė – VDU
6. Prof. dr. Violeta Pukelienė – VDU
7. Prof. dr. Neringa Stončiuvienė – ASU
8. Prof. dr. Vlada Vitunskienė – ASU
9. Prof. dr. Irena Mačerinskienė– LŽŪU
10. Prof. habil. dr. Ona Gražina Rakauskienė – MRU
11. Prof. dr. Zita Tamašauskienė – MRU
12. Doc. dr. Daiva Beržinskienė – ŠU
13. Prof. dr. Ilona Bučiūnienė – ISM
Dean of Doctoral Studies
Prof. Ilona Bučiūnienė
Arkliu str. 18, 01305 Vilnius
Tel.: +370 5 212 3960
E-mail: *protected email*, *protected email*
Manager of Research and Doctoral Studies
Arkliu str. 18, 01305 Vilnius
Tel.: +370612 59 672
E-mail: *protected email*