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ISM University of Management and Economics

Introduction

Quality and Internationality

Since starting its activities in 1999, ISM University of Management and Economics had one aim from the very beginning – to offer innovative, qualitative studies and training of management and economics for creative, ambitious young persons and already experienced business managers. Customer Recognition (students, businesses and alumni), International Recognition and Sustainability. Quality and internationality have become the most important priorities of the University’s activities. This aim has been evaluated by International Quality Accreditation (IQA) awarded to ISM in 2006 by the Central and East European Management Development Association (CEEMAN), thus certifying that ISM belongs to universities that offer the most advanced business studies in the region.

Sharing Knowledge and Experiences for Modern Business

ISM study programmes successfully combine theoretical and practical knowledge. Many of the scientists 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. University teachers are also pursuing active academic activities through 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 organizations, 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 provides 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 committed 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.

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.

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

  • First private university in Lithuania
  • All levels of studies: Bachelor, Master and Doctoral studies
  • ISM Executive School - Master of management studies and trainings
  • Research: knowledge and business development
  • Faculty from all around the world, average 50% context delivered by foreign lectures
  • Exchange and double degree programmes at over 100 universities in 40 countries worldwide
  • More than 2000 students
  • Over 4000 Alumni
This school offers programs in:
  • English

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Programs
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This school also offers:

MSc

MSc in Financial Economics

Campus Full time 2 years September 2018 Lithuania Vilnius

The distinctive feature of the Master in Financial Economics programme lies in its holistic approach, which incorporates courses on investment management, corporate finance, economics and quantitative research methods. [+]

Financial Economics PROGRAM FOCUS

The distinctive feature of the Master in Financial Economics program lies in its holistic approach, which incorporates courses on investment management, corporate finance, economics and quantitative research methods. The program aims to broaden students’ understanding of scientific contributions in the field of financial economics, strengthen their analytic and critical thinking skills, and equip them with quantitative finance techniques and complex financial decision-making tools in a rapidly changing macroeconomic environment. Our graduates have solid training in modern financial and economic theory with an ability to apply theoretical concepts and models in practical situations.... [-]

MSc in International Marketing and Management

Campus Full time 2 years September 2018 Lithuania Vilnius

The overall goal of the program is to provide students with knowledge, skills, values, and attitudes related to international marketing management. The program’s specific focus is on a comprehensive examination of all major components of marketing management strategies and their integration. [+]

International Marketing and Management

According to Peter Drucker, „Because the purpose of a firm is to create a customer, the firm has only two basic functions: marketing and innovations“. According to this, marketing is one of the functions the most essential in the organization. In short, the objective of marketing is to create value, communicate value, collect value from the firm‘s customers thus increasing the overall value of the organization. Marketing is the organization‘s most important source of knowledge about markets, while also being the face of the organization that most customers and stakeholders see. The purpose of the program is to educate market-oriented leaders who through cutting-edge research-based training will work for the best world companies.... [-]

Master

Master of Innovation and Technology Management

Campus Full time 3 semesters September 2018 Lithuania Vilnius

It is designed and delivered in cooperation with Illinois Institute of Technology (IIT, USA), Technical University of Denmark (DTU, Denmark), and Nagoya University of Commerce and Business (NUCB, Japan). [+]

Innovation and Technology Management

It is designed and delivered in cooperation with Illinois Institute of Technology (IIT, USA), Technical University of Denmark (DTU, Denmark), and Nagoya University of Commerce and Business (NUCB, Japan). This program is aimed at working professionals who do not have a degree in management but who would like to pursue the prospects of a career as a manager. We offer you a career transition from a specialist to a manager or wide horizontal expansion of your career in the field of innovations and optionally in industrial technology or information technology.

Program FOCUS

Innovation is one of the most important engines of today’s economy, and very often it comes from understanding the entire domain and applying a new approach. First of all the program equips you with solid organizational management skills that create a basic understanding of the deeper discipline of innovation management and at the same time provide a powerful network to share insights from many different points of view. The program later focuses on innovation management throughout all its stages and furnishes the tools and understanding essential to assure that innovation can be used to increase the competitiveness of any organization.... [-]

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International Master Studies