ISM Summer University in the Baltics

Spend three weeks of your summer studying at one of the best business universities in the Baltic countries. Whether you are a graduate or undergraduate, enroll in the ISM Summer University and enjoy your time studying. The exact dates, courses and format of the Summer University will be announced in the winter of 2020, so stay tuned.

Why ISM Summer University?

The ISM Summer University in the Baltics will enable students to study during the best time of the year in one the fastest changing regions of Europe:

  • ISM has been ranked among the world’s 200 top business schools by EDUNIVERSAL
  • Four out of five palms give ISM the leading position in Lithuania and ranks it among the best business schools in Central and Eastern Europe
  • World-class faculty from well-acknowledged European and USA universities
  • The ISM Summer University has already attracted more than 400 students coming from Europe, Asia, Australia and the USA


The following courses are suggested for the ISM Summer University in the Baltics 2017. Each course will be lectured in English and take place in the morning or in the afternoon session (4 times a week – 3 weeks long). The examination will take place on the last day of the course. Each student can select one or two courses. If a course will not be selected by a minimum number of 15 students, it will not be delivered during the program and the students who have selected such a course will be offered an opportunity to choose from remaining two courses.

The international project management course is designed to help students understand the complexities of project work in an international environment. Students will learn to analyze complex project problems in a broader economic, social and cultural context. The course covers the main project management topics that are essential in maintaining competitiveness in real-life business situations.

After attending the course students will be able to use relevant consulting and management methods when dealing with their internal and external stakeholders; feel more confident about accepting responsibility for new projects and be better able to stay in control of projects in an increasingly global marketplace.

The contents of the Macroeconomics course cover the basic objectives of macroeconomics, and an understanding about basic macroeconomic indicators – gross national product, gross domestic product, and national income. Topics under discussion in this course include aggregate demand and supply, Keynesian and classic views on aggregate amounts, monetary and fiscal policies, unemployment and inflation, economic growth, and issues in international trade. The major macroeconomic problems of Lithuania and EU will be discussed for the practical part of the class. This is a course in intermediate macroeconomics, designated for students with knowledge in basic economics. Its objective is to present theoretical knowledge and practical skills required for studying the overall economic structure of a country. Students will know how to analyze the most important macroeconomic phenomena, and the impact of governmental macroeconomic policies on participants in the economy. This course trains skills in comprehension and analysis of macroeconomics policies.


Jonathan Boyd
Associate Professor

Alfredas Chmieliauskas
Associate professor 

Marius Kušlys

Tadas Šarapovas


Nominated Exchange students. Till 30 March, 2018 Non-nominated students from partner institutions. Till 30 March, 2018 Students from other institutions. Early bird fee. Till February 28, 2018 Students from other institutions. Regular fee. From February 28 till 30 March, 2018
Fee for 1 course (6 ECTS) 250 EUR 350 EUR 450 EUR
Fee for 2 courses (12 ECTS) 350 EUR 500 EUR 650 EUR
Hospitality fee 850 EUR 850 EUR 850 EUR 850 EUR

Lithuania and Vilnius in short

  • Lithuania is among top 40 countries in the world for the quality of life
  • Lithuania has been ranked 11th in the World Bank’s Doing Business 2020 report. You can set up a business here in one day
  • Lithuania has been ranked 1st in CEE for university-business collaboration in R&D (Global Competitiveness Report 2017-2018)
  • Vilnius is famous for its green spaces and cool vibe. It has been ranked by the New York Times alongside Copenhagen, Barcelona and Capetown as a hip and well managed place to live
  • Vilnius has been ranked as Nr. 1 city in Tech Startups in the FDI Attraction Index by Financial Times

Application deadline

The final application deadlines for the ISM Summer University in the Baltics will be announced in the winter of 2021.

Application process

  1. Fill in the online APPLICATION FORM.
  2. Send Transcript of Records (electronic or scanned version of certificate with your courses attended and the grades obtained at home university)* to 
  3. All the information about your application along with the admission confirmation will be sent to you by the 15th of May, 2020.
  4. You may be asked to confirm your participation by paying relevant fees in 2 weeks time after your registration. Final latest payment deadline: 30th of April, 2020. After the 30th of April, 2020, a 150 EUR late payment fee will be applied.  Should you decide to cancel your participation after paying the fee, it might not be refunded and/or refunding charges will be applied.
  5. The transfer should be made to ISM University of Management and Economics account:

The transfer should be made to ISM University of Management and Economics account:

ISM University of Management and Economics, UAB Aušros Vartų str. 7A Vilnius, LT-01304 Lithuania Company code 111963319 Company VAT code LT119633113 AB DNB Bankas, Bank code 40100 SWIFT AGBLLT2X Settlement account LT57 4010 0495 0043 6891

* Please note that we need to have all the required documentation before the 30th of March, 2020. Final payment deadline is 30th of April 2020


For general inquiries:

For academic issues:
Tadas Šarapovas, Assoc. Prof. Dr.