# ISM University of Management and Economics

> private · Vilnius · lithuania

## Facts

- **Tuition, non-EU:** €6380 — verified 2026-06-04
- **IELTS minimum:** 6 — verified 2026-06-04
- **Financial proof for a student residence permit:** €8,071 per year (2026, Migration Department + Government Resolution No. 700: https://www.migracija.lt/en/esu-studentas1)

**Intakes and deadlines**

| Intake | Deadline | Notes |
| --- | --- | --- |
| September | May 31 | Visa-required non-EU applicants. Early deadline Apr 30. |
| September | Jul 24 | CIS/visa-free applicants. |
| September | Aug 14 | Additional intake round. |

Deadlines verified 2026-06-04.

## Profile

- **Country:** lithuania (LT)
- **City:** Vilnius
- **Type:** private
- **Fields:** business, economics, it, social-sciences
- **Study routes:** direct-master, applied-sciences
- **Website:** https://www.ism.lt/en/
- **Address:** Gedimino pr. 7, LT-01103 Vilnius, Lithuania
- **Data verified:** 2026-06-04

## About

Vilnius is a compact capital with genuine cultural ferment—street art, independent cinemas, late-night bookshop readings, and a cafe culture that runs deep. It's significantly cheaper than Western European capitals but feels as intellectually alive. Winter temperatures drop, but the old town's medieval lanes offer natural shelter.

## Strengths

- AACSB-accredited private business school in Vilnius — one of the most selective international accreditations in management education.
- Bachelor tuition starts at €6,380/year, well below comparable private business schools in Western Europe.
- IELTS 6.0 minimum for bachelor entry is accessible for most CIS applicants without extensive test preparation.
- Lithuania is EU/Schengen — graduates receive an EU diploma and can work across 27 countries after studies.
- Students on study residence permits can work 20 h/week during term and full-time during holidays with no separate work permit.
- Vilnius private room costs €200–400/month, making monthly living costs well below EU capitals like Amsterdam or Berlin.

## Watch out for

- ISM is a private university with limited name recognition outside the Baltic region — employers in CIS or beyond may not know the brand.
- No university dormitory: students must find private housing independently in Vilnius competitive rental market.
- Master programmes run in evening/weekend format, designed for working professionals — full-time international students may find the pace and visa logic complicated.
- Master IELTS requirement rises to 6.5 with each sub-band at least 6.0, which is stricter than the bachelor entry threshold.
- Vilnius is a small capital — English-language job market is narrow, limiting part-time work options relevant to business or IT fields.

## Scholarships

- **National schemes:** State-funded study places (LAMA BPO / Ministry of Education)
- **Note:** State-funded places allocated centrally. Scholarship details at studyinlithuania.lt. SKVC credential recognition required.
- **Researched:** 2026-05

## Accommodation

- **University dormitory:** no
- **Private housing:** €200–360
- **Rent figures describe:** the city of Vilnius
- **How to apply:** ISM does not manage accommodation. Contact accommodation@ism.lt for guidance.
- **Notes:** No ISM-managed dorms. Private rental in Vilnius €400–700/mo. Contact accommodation@ism.lt.
- **Source:** https://www.ism.lt/en/international-students/

## National and EU scholarships for this destination

- [Lithuanian State Scholarships](https://studyroute.app/scholarships/lithuanian-state-scholarship.md) — ≈€592/month + tuition (Master's, 2026 call)
- [Erasmus+](https://studyroute.app/scholarships/erasmus-plus.md) — Monthly mobility grant set by the home institution + possible top-ups
- [Erasmus Mundus Joint Masters](https://studyroute.app/scholarships/erasmus-mundus.md) — Full scholarship: tuition + travel, visa & a monthly living allowance (set per programme)

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Canonical page: https://studyroute.app/institutions/ism-university-of-management-and-economics
Source of this file: https://studyroute.app/institutions/ism-university-of-management-and-economics.md

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