ISM University charges a tuition fee. The fee is paid every semester. The same price applies both to EU and non EU students.
International Marketing and Management
Financial Economics
Innovation and Technology Management
Global Leadership and Strategy
Business Sustainability Management
The application fee is 100 EUR. Till 2023 04 30 there is no application fee for EU, EEA, CIS and EaP countries applicants.
It must be paid by transfer to the bank account of the ISM University of Management and Economics, and the receipt certifying the payment must be submitted to the enrolment system. Application fee is non-refundable.
Please find all details how to make payment HERE.
Scholarships are given to candidates with highest competitive scores and are granted by university’s admissions committee. Scholarships are conditional upon the student maintaining a good academic performance throughout the study programme.
Academic Scholarship
ISM University grants partial scholarships (up to 50% of study costs) to students who have a record of stellar academic performance in their bachelor studies. Only students who apply during the Early admission period (until May 1st) can be eligible for this scholarship. Students who apply after May 1st will only be considered for a reduced scholarship.
Need-based financial aid
Students who demonstrate a need for a financial aid can be considered for a partial (up to 50 %) need-based scholarship. To be considered for this scholarship, applicants might need to provide certain income records as well as other supplementary documents.
State Scholarship
A monthly scholarship is offered for certain non-EU nationals by the Education Exchanges Support Foundation in Lithuania. To find out more whether your country of origin is eligible for this scholarship please visit HERE .
Alumni discount
Alumni of ISM University receive a 30% discount for their selected Master studies program.
University partner scholarship
Employees of corporate partners receive a 15% discount on the study cost. The discount is granted at the time of accession for the entire study period. ISM University reserves the right to revoke the scholarship if the collaboration with a certain institution is not extended.
*Discounts, waivers and scholarships are not cumulative. If two are awarded to the same student, only the one with the highest amount will be kept unless otherwise stated.
Please check whether you fulfill eligibility requirements:
All applicants who fulfill the formal entry requirements are welcome to submit an online application form.
Detailed admission instructions can be found HERE
During the study tour:
When it will take place? In the second year of study, during the autumn semester.
Duration? 10 days
Who can participate? All students in the Innovation and Technology Management programme.
The scope of the subject – 6 ECTS
This subject will be offered as an optional subject in the programme. From this material, students will have to take an exam (the exam will make up 30% of the final grade) and prepare a written paper two weeks after returning from Japan (the task will make up 70% of the final grade)
Cost - 2500 Eur (including flight costs, transport costs, accommodation, meals).
Important! The organizations and institutions visited may still change. The price of the study tour may still change. Tours will be held in groups of 10 students. Visits will be organized if the pandemic situation allows.
How does this work?
Study in Lithuania for a year and a half and take the remaining subjects remotely at the Illinois Institute of Technology in the USA. It can additionally take half a year or a year to complete the subjects.
How much does it cost?
ISM studies are paid as usual, Illinois Institute of Technology fees are also paid separately for subjects, but a discount of up to 50% is applied to the published tuition fee for that year.
How long does it take?
2 years
Register for a free consultation and meet Santa or Ilona. They‘ll answer all of your questions about the admissions process, scholarships and living in Lithuania.
Contact Santa: sankri@ism.lt
Contact Ilona: ilomal@ism.lt
Arklių str. 18, LT-01305 Vilnius, Lithuania
Mob. tel. +370 687 08080
El. p.: ism@ism.lt