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.

General information

Length of study

Full time: 4 years; Part time studies: 6 years; Externally: up to 1 year.


Degree awarded

Doctor of Economics


Dissertation defence

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.

ISM University of Management and Economics has a doctoral program in economics together with Vytautas Magnus University, Mykolas Romeris University, and Šiauliai University.


Publications of Doctoral Students


  • Master’s degree or equivalent higher education
  • Scientific experience, participation in scientific activities
Research Topics Potencial Supervisors
Structural microeconomics, market participant behavior and regulation research Prof. dr. Valdonė Darškuvienė
Research on macro-finance, monetary, fiscal policy, and global factors in the economy Prof. dr. Valdonė Darškuvienė
Research on organisation efficiency and competitiveness; International business and trade; Effects of monetary policy; Effects of fiscal policy Prof. dr. Tadas Šarapovas
Automation, training, and job polarization throughout Europe. Prof. dr. Maik Huettinger

Diploma of Master’s degree or qualification adequate to it, its annex/supplement
Two letters of recommendation by scholars from Economics science field
Curriculum Vitae (signed by applicant)
List of applicant’s scientific publications (submitted in full biobliographic description) and their copies (submitted together with a copy of journal’s cover and contents page);
(if a scientific article in not yet published – a document issued by the editorial board of a scientific journal certifying the acceptance of an article for publication (after the reviewing procedure) and its manuscript)
Electronic copy of the scientific research project in .doc or .docx format, if two topics are indicated in the application, then 2 scientific research projects need to be submitted
Personal identification document
Documents notifying the change of surname if not all documents are submitted under the same surname
Other documents which an applicant wishes to submit
Payment for document registration

  • Submission of applications: 2020 07 01 – 2020 08 31
  • Doctoral Committee meeting with attendees (motivational interview): 2020 09 11 – 2020 09 17
  • Meeting of the Doctoral Studies Committee, in the presence of entrants (calculation of the results of the competition): 2020 09 11 – 2020 09 17
  • Information about the results of the contest: 2020 09 18
  • Appeals to the Doctoral Studies Committee: 2020 09 21- 2020 09 23
  • Submission of appeals to the head of the doctorate institution to which the person claimed: 2020 09 24 – 2020 08 28
  • Publication of list of candidates for doctoral studies: 2020 09 29
  • Signing of study contracts with the doctoral program: 2020 09 30

Applicants must submit an online application

  • 5323 EUR (full-time studies, 4 years)
  • 3548,5 EUR  (part-time studies, up to 6 years)


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