Start your executive career faster! From the very first days, you will gain the experience, knowledge and skills necessary to become a strong executive. Your studies will include a global business project, mentorship from top professionals, personal coaching sessions, leadership opportunities and visits to international companies. After completion, you will be ready to take up management positions in any industry – from medicine to technology. We have created this unique programme in collaboration with international experts for people like you, who are ambitious, business-minded and energetic. No matter what your specialty or bachelor’s degree is, if your dream is to be a good leader, this programme is for you.
“After 10 years of working internationally, I am returning to Lithuania with a goal to apply the best global practices to create strong foundations for future leaders. This programme is for pacesetters, problem-solvers and strategic minds, interested in making a difference in the world. It provides applied, hands-on learning experience from the best international lecturers, businesses and leaders.”
Dr. Vita Akstinaitė
Global Leadership and Strategy programme director
Uniqueness of the programme
higher salary compared to graduates from other LT universities
Government strategic analysis center, Economics, Finance, Business and Management fields, 2015-2018
average salary after tax, 2 years after graduation
ISM alumni survey, 2019
graduates would recommend studies
graduates work in their degree field
lecturers from abroad
owns a business
Trip to San Francisco
Silicon Valley study tour
“Good managers ensure that the team gets the job done on time, while great leaders inspire teams to innovate and achieve more. And it is the latter that we are constantly looking for in both “Tesonet” and “Nord Security”. Those, who not only possess the knowledge and expertise, but who are ambitious, open to new challenges, those who are strong mentors and lead by example. I believe that such executives are the leaders of the future, inspiring change and leading organisations forward. And to have more of such people, each with more experience, we must share our knowledge and help young leaders develop the necessary qualities.”
Co-founder of “Tesonet” and “Nord Security”, CEO of the year in 2020
“We are constantly looking for people, whose youthful maximalism, initiative and ability to look for unconventional solutions are combined with the desire to find the best solution for the company. Therefore, when looking for young leaders, we pay close attention to how they will fit with our values and organisational culture, what they will bring to the table and how they will contribute to the development of the company. We are looking for courageous leaders, who are able to collaborate with other team members and motivate future leaders. We believe that by combining that courage with wisdom, great results can be achieved.”
CEO of „Gintarinė Vaistinė“
“Leadership does not come with age. Leadership is cultivated by truly knowing your strengths and limitations, and using this knowledge to build connections with others that drive your team forward. To run and effective and long lasting business, you need to cultivate tomorrow’s leaders and empower them. Creating trust, sharing inspiration, and driving social and political awareness are key to creating empathy and meaningful networks at work. For me, leadership really means being able to share your purpose and vision with those around you – and I’ve always found this to be the best route to collective success and growth.”
Mariano Andrade Gonzalez
“Moody’s Corporation” Lithuania Country Head
Applications have begun! Register for a consultation!
“I am excited to participate in the Global Leadership and Strategy Master’s programme at ISM and share the experience I have gained while working globally. This programme develops the new generation of young leaders by providing students with innovation, creativity, design-thinking, leadership and strategy skills. It connects important theory with the newest trends, innovations and develops practical skills. The programme is designed for those, who believe that everything is possible and make it so.”
Dr. Carlos Raúl Sánchez
Visiting expert at “Montpellier Business School“
Mentors of the programme
Rūta Anda Banytė
1 year + Master thesis
Business days, 6 PM – 9:15 PM
Master in Business Management
Course Syllabus: Global Leadership
THE AIM OF THE COURSE:
Enabling a context in which other people can achieve their mission is the central purpose of leadership. This module is designed to enable participants to reflect on their identity, capabilities, and behaviours as leaders that are required to lead in a global environment. It seeks to help participants respond to three questions:
(i) Where am I in my leadership journey?
(ii) How do I react to evolving externalities?
(iii) What changes will I need to make the transition from a follower to a leader?
Through self-reflection, participants take the first step towards charting a leadership journey. Dealing with evolving externalities, ethical dilemmas, decision-making and communicating direction in the face of rising global uncertainty, aligning diverse international teams to exceed performance and working as a global change-agent to create new value for organizations are some of the challenges novice leaders have to grapple with today. This module will provide participants with a rich understanding of the various leadership models which will further enrich their self-reflection and activate their transition from a follower to a leader. In addition, each student in this module will have an opportunity to receive individualised mentorship by a senior, more experienced leader. This aspect of the module will be delivered jointly with the Executive MBA (EMBA) programme at ISM university.
Assoc. Prof. Vita Akstinaitė, University of Surrey
Course Syllabus: Digital Transformation and Global Strategy
THE AIM OF THE COURSE:
Global business strategy and corporate governance is a critical component of business success. Identifying, setting and following long-term direction for any business is essential to marshal limited resources in the most effective manner. Important aspects are not only the company’s competitive position in a market but also many internal and external issues, that company’s management must successfully navigate.
The course serves as an opportunity to develop skills for global environmental and market analysis, understanding of the major business strategy issues, formulating business strategies and tactics. During this course, participants not only learn about theoretical concepts but experience first-hand issues of managing a business in a competitive landscape.
Students are going to discover knowledge and apply skills enabling them to help organizations to meet and manage significant threats and challenges. Students will learn how to analyze the global environment and company’s resources, generate strategic alternatives and select the most appropriate strategy for particular circumstances. Students will learn and apply provide students the fundamental knowledge of strategic management concepts and techniques; to enable students to identify the key problem in complex, comprehensive situation. The major responsibility of students in this course to make objective strategic decisions and present well-supported recommendations for future action while justifying them through oral and written communication.
Assoc. prof. Carlos Raúl Sánchez, University of Montpellier
Course Syllabus: Leadership Skill Development
THE AIM OF THE COURSE
In today’s fast-paced world, leaders have to possess various skills to enable them to deal with the volatile, uncertain, complex and ambiguous business environment. This course is designed to provide students with crucial skills and capabilities to perform individually and as a team and achieve organisational goals. This module enhances and activates student transition from a follower to a leader by equipping them with the practical skills, tools, and knowledge required to succeed as a global leader. In order to help students to succeed as global leaders, this module also offers each student four individual coaching sessions throughout the semester to help students to embed their skills and achieve their career goals.
Course Syllabus: Strategic Finance Management
This is an introductory course created to introduce the students with no financial or accounting background to the main concepts of managerial finance required for occupying a leadership position. The course intends to provide students with an overview of business finance concepts, terminology, and principles. It covers both theoretical and empirical aspects of financial analysis, capital investment, valuation, and financing decisions. The course develops understanding of the business organization as a value-maximizing entity, and introduces students to the necessary theoretical models as well as practical tools for financial decision-making. The course is designed to develop the insights and skills that are necessary to analyse and structure financial information of a business firm, to value investment projects, and to support value-adding business decisions.
Dr. Dmitrij Katkov, ISM University
Course Syllabus: Business Development Project
This module aims to enable students to apply theoretical leadership and strategy knowledge gained during the programme into a practical, real-life situation. During this module, students are asked to showcase their learning through the creation of an entrepreneurship project. This s entrepreneurship project will integrate and consolidate, extend and augment, and apply the program’s interdisciplinary learnings. As part of this project’s development, students will have to work collaboratively, practise leadership skills while interacting with relevant stakeholders, negotiating for resources and looking for opportunities to create value for business, community or society. Overall, this module aims at providing students with the opportunity to become the new type of leader, putting into practice the knowledge gathered through immersive learning of leadership, strategy, and innovation.
Prof. Norris Krueger, University of Phoenix
Course Syllabus: International Project Management
The purpose of this course is to provide project management knowledge with the on international project management complexities. During this module, students will develop their project and risk management skills and improve their capabilities to deliver international projects to a successful completion. Key themes of the module include project creation and planning, scheduling, analysis, cross-cultural resource management, control of projects during their development and execution phases, risks pertaining to the international project delivery and leadership in the context of international project management. The focus of this unit is applied learning of best project management practices.
Dr. Nasar-um Minullah, EBS Business School
Course Description: Business in Society: Creating Shared Value
Social context in which business operates nowadays is very complex and uncertain. Businesses are expected and asked to be responsible more and more nowadays for a welfare of a society, make positive impact not only on economic performance but also on social development of a country. Thus, roles and responsibilities of business in a global economy and society are changing.
The course aims at raising awareness and enabling future entrepreneurs and leaders from private and public sectors 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. Shared value is not corporate social responsibility, philanthropy, or even sustainability, but a new way to achieve economic success. When businesses act as businesses – not as charitable donors – they can improve profitability while also improving environmental performance, public health and nutrition, affordable housing and financial security, and other key measures of societal wellbeing. Only business can create economic prosperity by meeting needs and making a profit, creating infinitely scalable and self-sustaining solutions.
The course is about framework of thinking: theories and academic readings are analysed with help of case studies and real life situations. The cases of the course illustrate various challenges and opportunities for businesses from different industries and different countries.
Assoc. Prof. Virginija Poškutė
Syllabus: Master Thesis
Master’s Thesis is the culminating experience in graduate level education for Master degree candidates. It is an individual endeavour of analytical nature, which contains elements of originality and is performed in conformity with general requirements of academic papers and scholarly projects. For the student, the Master’s thesis should be a learning activity that is stimulating and engenders a sense of pride and accomplishment.
The intent of the thesis is to provide an opportunity for Master’s degree candidates to refine, in some cases acquire, a range of skills at an appropriate level to do capable and competent research. A successful thesis is evidence that the candidate has acquired the minimum level of research skills required and can therefore be accredited a Master‘s degree. Skills required of thesis writers are those associated with research design, data collection, information management, analysis of data, synthesis of data with existing knowledge and critical evaluation of the writer’s own ideas and those presented in the literature reviewed. The thesis should be written in English, within a given period of time and comply with commonly accepted principles of academic ethics.
The purpose of this course is to provide a basic knowledge of people management in organizations with the focus on building the innovative organization. This course surveys issues pertaining to people in the context of organizations that seek to create innovative culture, including behavior and processes related to individuals, groups, and organizational systems. During this course students will address the key themes of the subject material: an individual’s attitude and effective management of motivation, group’s behavioral dynamics, and leading for innovation via theoretical and practical discussions and HBC case analysis’ workshops.
Dr. Vida Škudienė, ISM University
Course Syllabus: GRAV001 Research Methodology
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:
This 7-day study tour is a unique opportunity to learn from the leadership and entrepreneurship hub: Silicon Valley. This trip aims to transfer insights and best practices in leadership, management, company culture, and strategy to ISM students. As a centre of innovation and change, Silicon Valley is a fast-paced culture with unique views on risk and failure, full of companies and thought leaders trying to peer around corners and stunning examples of both success and failure. In short, Silicon Valley is a stimulating learning environment for everyone!
The main outcomes of this visit are as follows: 1) Better understanding of Silicon Valley and entrepreneurial mindset and leadership approach from the perspective of large and small companies; 2) Understanding how Silicon Valley mindset begins at the startup stage and evolves inside large companies; 3) Extending your international networks to include Silicon Valley. During the study tour you will visit companies such as Google, eBay, 10 X Innovation Lab, DocuSign, Plug and Play TechCenter or Nasdaq Entrepreneurial Center. Also, you will participate in various practical workshops, company presentations and events.
It is an elective module worth 6 ECTS credits. The module has three assessments. During the week, students will be required to complete a reflective journal on their learnings (Assignment 1, 30%) and also actively participate in planned activities (Assignment 2, 20%). Two weeks after returning to Lithuania, students will also have to submit an entrepreneurial strategy report (Assignment 3, 50%).
Course is offered at first study year in Spring semester.
This study tour costs 2000 EUR*. The trip includes 5 days of visit costs, guest speeches and other events in Silicon Valley’s organizations. It also includes 7 nights at the hotel in San Francisco, 5 days of lunches, 5 days of bus transportation to Silicon Valley area companies and 1 day of bus transportation for tourist activities.
*Costs are subject to change.
Course Syllabus: Comparative International Management
THE AIM OF THE MODULE:
This Module is designed to facilitate a more “practical” understanding of strategic issues facing companies who manage (or intend to manage) their operations within as well as across national boundaries. The Module focuses on the real challenges companies face in a ‘international management’ context. In general, these challenges pertain to identifying, evaluating, and making tradeoffs across international, national-, industry-, firm-, and personal- level contexts. Thus, this Module will discuss strategy formulation- and implementation-related issues as well as generate solutions to companies’ international management dilemmas and compare various management practices in different companies.
Modestas Gelbūda, Aalborg University
You will learn from internationally experienced professionals and academics, who will share their strategic leadership and management expertise acquired from all around the world. More than half of the lecturers are from abroad.
Meet some of them below:
„Strategic thinking, team management, financial literacy and stakeholder management – this skill set and expertise do not come spontaneously. You need to learn these things, constantly develop the acquired skill, strengthen and apply it in practice. Therefore, to make it easier for young leaders to get started and to overcome challenges more quickly, as a mentor, I will share with students the expertise I have acquired through many years of leadership experience“.
Regional Sales and Marketing Manager, Baltics, Finland, Norway at 3M
Days until early admission starts:
Admission is underway
General admission :
2022-05-01 – 2022-07-01
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Business in Society: Creating Shared Value
Leadership Skill Development
International Project Management
Digital Transformation and Global Strategy
Research Methodology (GRAV001)
Research Proposal (GRAV032)
Integrated Marketing Communications (GRAV033)
Corporate Responsibility and Sustainability (GRAV034)
Customer Value Analytics (GRAV031)
International Consumer Behaviour (GRAV010)
Advanced Topics in International Management (GRAV028)
Marketing Research (GRAV029)
Digital and Social Media Marketing (GRAV030)
Brand Management (GRAV022)
Services Marketing (GRAV020)
New Product Development and Service Innovation (GRAV025)
Master Thesis (GRAV016)
Microeconomics of Competitiveness (GRAV027)
Advanced Corporate Finance (GRAV012)
Multivariate Statistics (GRAV007)
Game Theory and Economic Shocks (GRAE036)
Behavioral Economics (GRAE031)
Research Methodology (GRAE001)
Research Project (GRAE030)
Ethics and Economics (GRAE032)
Applied Valuation (GRAE027)
Monetary Policy (GRAE012)
Economics of Sustainability (GRAE034)
Mathematical Finance (GRAE017)
Advanced Macroeconomics (GRAE007)
Master Thesis (GRAE016)
Advanced Corporate Finance (GRAE019)
Financial Econometrics (GRAE018)
Financial Intermediation and Risk Management (GRAE035)
Alternative Investments and Derivatives (GRAE033)
Asset Pricing (GRAE021)
Alternatyvios investicijos ir rizikos valdymas (GRAE023)
Innovation Project Management (GRAI024)
Process Innovation Management (GRAI021)
Technology and Innovation Management (GRAI022)
Research Project in Innovation & Technology Management (GRAI023)
Business Strategy (GRAI012)
Business Finance (GRAI009)
Innovation and Technology Management Seminar (GRAI016)
New Product Development (GRAI014)
Master Thesis (GRAI011)
Artificial Intelligence Principles and Applications (GRAI019)
Sustainable Development of Emerging Technologies (GRAI018)