Business Sustainability Management

The world needs sustainability leaders today! This ground-breaking programme is designed for students who seek to develop and implement new generation sustainability strategies, aimed at mitigating the negative impacts on the environment.

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Agustin Mumare, ISM verslo tvarumo vadybos magistras.
This Master’s program was an ideal match for my interests, aspirations, and future plans. Additionally, it offers a rigorous curriculum, delving into profound topics related to business, entrepreneurship, and sustainability that I had not encountered before.
Agustin Mumare
Participant in the Master’s Program “Erasmus Mundus Impact Entrepreneurship

Masters’s programme

A brief overview of the study program

1 year + 6 months Master thesis
On average, three times a week on weekdays from 18:00 to 21:15
Masters of Business Management

Programme benefits

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A Profound Understanding of Sustainability
Comprehensive knowledge of sustainability through ESG levels (environmental, social, governance)
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International student group
You will spend one third of your studies with sustainability enthusiasts from the EMMIE program
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Experience through business simulations
Harvard Business School’s simulations of emissions calculation and sustainable strategic management
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Your mentors will be business representatives from companies such as Moody’s, as well as management master’s students
Dr. Virginija Poškutė
Business Sustainability Management Programme director
Based on my experience working for various international (UNDP, OECD, World Bank, EU Commision), national organisations and projects, I am more and more convinced that there is no healthy society without healthy business and vice versa. Having this in mind, the programme was designed to provide students with a strong foundation in sustainability. I believe that it is possible to increase business value and have a positive environmental and social impact at the same time. During this programme, the students will learn from best international and national lecturers and practitioners, will develop skills allowing them to assess and oversee many diverse ESG practices within companies and become experts of sustainability.
Virginija Poskute, ISM Verslo tvarumo vadybos programos direktorė
Kristina Maikštėnienė
Sustainable Strategies and New Business Models
After agreeing on why to act for sustainability, businesses must understand how. In this course, students learn to reassess traditional strategies, question linear business model fundamentals, and turn sustainability challenges into specific market opportunities. While conceptually rigorous, the course aims to be solutions-driven, providing both academically sound and practically applicable insights. Using cases, industry speakers, short quizzes, and a group project, it challenges incrementalism (merely “repainting the old house”) in sustainability management.
Dr. Jonathan Boyd
Green Economics and Corporate Sustainability
The Green Economics and Corporate Sustainability course melds ecologically-conscious economic principles with modern business ethics. Students learn how sustainable economies uplift society, while also understanding the broader roles corporations play in addressing environmental, social, and governance challenges. This course offers a distinctive approach to balance business prosperity with global responsibility.
Jonathan Boyd, ISM verslo tvarumo vadybos magistras.
Dr. Virginija Poškutė
Business and Society: Creating shared value
The course aims at raising awareness and enabling future entrepreneurs and leaders to see the unique obstacles and challenges of business as opportunities. Business competences of dealing with its stakeholders, sensitivity to its ecosystem and abilities to address creatively existing challenges might inspire sustainable business practices and enable it to identify sources of competitiveness. In discussing changing roles of and opportunities for business, framework of creating shared value (CSV) is applied: policies and practices that enhance the competitive advantage and profitability of a company while simultaneously addressing societal needs and challenges.
Virginija Poskute, ISM Verslo tvarumo vadybos programos direktorė
Virginija Poskute, ISM Verslo tvarumo vadybos programos direktorėJonathan Boyd, ISM verslo tvarumo vadybos magistras.Virginija Poskute, ISM Verslo tvarumo vadybos programos direktorė
Your studies

Program structure


What will I learn?

You will will get acquainted with the changing business environment and expectations for business and delve into the relationship between business and society
You will delve into the relationship between business and society
You will analyze initiatives by international organizations in the field of sustainability
You will discuss the necessary business changes due to climate change
You will acquire a framework for assessing sustainability practices in all the ESG dimensions
You will strengthen the management accounting skills required for the development of sustainable business
You will study the transformation of the financial sector towards sustainability

What will I learn?

You will learn to create sustainable business strategies through new business models and innovations
You will delve into sustainable supply chain management
You will delve into sustainable supply chain management
You will develop the skills needed to create social and sustainable business innovations
You will focus on developing data analytics skills and research methodology
You will will get acquainted with technological solutions that enable the implementation of sustainability strategies

What will I learn?

With the help of experts and a master's thesis supervisor, you will integrate the knowledge and skills you have already acquired by conducting a scientific study and contributing its results to the knowledge base within your field of research
Skills you’ll learn

In what areas will I gain expertise after completing this program?

You will be able to develop and implement sustainability strategies

You will gain competencies to coordinate organizational sustainability initiatives locally and internationally

You will be able to critically evaluate sustainability practices in value chains

You will acquire competencies for the development, analysis and monitoring of a set of appropriate sustainability indicators in all the dimensions of the ESG

Greta Monstavice, ISM verslo tvarumo vadybos magistras.
Empowerment, innovation and philosophy – this is what sustainability is to a business. However, sustainability is often misunderstood to be a reporting and compliance exercise. Professionals need to embrace systems thinking and have a holistic approach to a forward-thinking business to understand the difference. I’m excited to see the new ISM programme is dedicated to growing leaders who shall have the capacity to make a business a positive catalyst for change.
Greta Monstavičė
CEO and Co-founder at Katalista Ventures. Member of ISM ESG Council
Price, financing, and admissions

Studies at ISM – accessible to everyone


  • 3900
    Standard semester price
  • 2730
    Semester price for ISM graduates
  • 3315
    The semester fee for ISM corporate sponsor employees
  • 2340
    Semester price with state scholarship

Financing opportunities

Opportunities to study abroad

Studiju turas Ispanijoje, verslo tvarymo vadybos magistras.
International opportunities

Study Tour in Spain: Immerse yourself in the world of sustainable business development

You will get to know the world’s most famous companies, large corporations and startups su pasaulyje žinomomis Ispanijos organizacijomis ir jų verslo modeliais orientuotais į Tvarumą.
Global exchange abroad

Global exchange

More than 100 exchange partners in almost 50 countries around the world
INTERNATIONAL OPPORTUNITIES Erasmus Mundus impact entrepreneurship

Erasmus Mundus impact entrepreneurship

News and events

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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.
 Ilona Misiuk, ISM International Projects Manager
Ilona Misiuk
International Projects Manager
+370 697 57 586
 Mėta Kvedaravičiūtė, Junior Admissions Officer
Mėta Kvedaravičiūtė
Junior Admissions Officer
+370 612 91 440