ISM University of Management and Economics

ISM University of Management and Economics in Vilnius, Lithuania

Where Dreaming Bold is the Daily Routine

Since starting its activities in 1999, ISM University of Management and Economics had one aim from the very beginning – to embrace the audacious dreamers who envision launching their own world-changing businesses or crafting a career that breaks all boundaries.

We don’t believe in following a predetermined path; instead, we empower our students to define their own destinies.

Sharing Knowledge and Experiences for Modern Business​

ISM study programmes successfully combine theoretical and practical knowledge. Many of the researchers working here are acknowledged practicians, thus they are well aware of the problems that modern business faces and of the knowledge required to solve them.

ISM University of Management and Economics in Vilnius, Lithuania

ISM is proud to also have its professors actively contribute toward researching the phenomena of Management in the States of the Baltic Region – ISM is one of the initiators of the Baltic Journal of Management. The University actively participates in the activities of international science organisations, where it exchanges up-to-date knowledge and experience with partners.

International business prospects for students are ensured by the experience of the ISM founder, the Norwegian School of Management BI, and lecturers invited from all over the world.

ISM seeks to educate successful and responsible business leaders. The University was the first in Lithuania to respond to the global call for business schools and academic associations to advance corporate social responsibility worldwide. ISM has committed to adhere to the Principles for Responsible Management Education (PRME), which were unveiled by a group of scholars and leading academic organization at the UN Global Compact Leaders Summit in July 2007. PRME provide a framework for academic institutions to advance the broader cause of corporate social responsibility and incorporate universal values into curricula and research.

ISM is also one of the first universities in Lithuania joining the UN Global Compact and thus becoming a part of the National Network of Responsible Business Organisations. The members of this network and the Global Compact comitted committ to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption. By doing so, business, as a primary driver of globalization, can help ensure that markets, commerce, technology and finance advance in ways that benefit economies and societies everywhere.

ISM University of Management and Economics in Vilnius, Lithuania

The University has achieved a lot in enhancing responsible and ethical leadership. The course of Business Ethics is offered to the students of all university cycles. This topic is dealt with in the final theses of bachelor, master and doctoral students. ISM shares knowledge and experience with others.

The Start of ISM

The predecessor of ISM was the Business Training Centre, a well-known executive training institution in Lithuania. It was founded in 1995 by the BI Norwegian Business School and Kaunas University of Technology.

ISM University of Management and Economics was established in Kaunas in 1999 as the first privately owned institution of management education in Lithuania. The main founders of ISM are the BI Norwegian Business School, the largest business school in Europe, and the Innovation Norway (former Norwegian Industrial and Regional Development Fund).

ISM today

  • All levels of studies, including Bachelor, Master and Doctoral studies
  • ISM Executive School – Master of Management studies and trainings
  • Research areas:
    • Management
    • Marketing and Consumer Behaviour
    • Finance and Economics
  • Double degree possibility in highly-ranked European business schools
  • More than 100 partner universities for exchange studies
  • 37% of ISM faculty is international
  • More than 2000 students
  • Over 7000 Alumni
  • 1 in 3 ISM students own a business
  • 98% of ISM graduates are working within their degree field
  • Innovative and interactive teaching methods:
    • Case Studies
    • Group Assignments
    • Simulations
    • Teamwork
“ISM is a place where future leaders learn together. In order to fulfill this mission, the ambition of ISM has to go far beyond classroom walls and academic papers. University has to be an active member of international academic and business community, a respected voice in the society. In order to help leaders grow, ISM has to be the leader itself,” shares Dr. Dalius Misiūnas, Rector of ISM University