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ISM University of Management and Economics is an institution of undergraduate, graduate and post-graduate education in business, management and economics. The University serves as an advanced centre of market analysis, executive training and leading academic thought.
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 Norwegian School of Management and The Norwegian Industrial and Regional Development fund. The predecessor of ISM was the Business Training Centre, well-known executive training institution in Lithuania.
Since the 1995, when the Business Training Centre took the beginning, the main motive power was to contribute to the development of Lithuanian business community in providing up to date management knowledge. By offering a variety of executive courses, management training programs, market research, personnel evaluation, BMC was recognized as a leading institution of management training and consulting in Lithuania. Now BMC is the training and consulting department at ISM.
Vision, Mission and Values
While creating a special ISM community, ISM University of Management and Economics seeks to become a base for everyone wishing to discover in themselves new abilities and advantages in todays changing business environment. ISM responsibly encourages every individual to make use of their full powers of wisdom and creativity and never stop along the road of development.
VISION: a dynamic and modern European university of management and economics, serving lifelong educational needs of individuals, business and society in general.
MISSION: professional and socially responsible development of high relevance managerial competence and economic thought.
VALUES: are the basis of our activities, the constitution we hold to in our everyday work and proclaim to our clients.
ISM University of Management and Economics continuously maintains the concept of life-long learning. Whether you are an experienced executive, a prospective masters degree student, or high school graduate everyone will find ones place either at ISM Executive, Graduate or Undergraduate schools. A new generation of researchers is also being developed through Doctoral Studies.
The idea behind the three schools is based upon the principle that strong links bind together the practical goals of business people, the scientific ambitions of graduate students, and the sparkling enthusiasm of undergraduates. The three schools of ISM will meet the needs of future businesses with relevant research and the creative thought of bright ISM graduates and doctoral students.
ISM is the first and the only private university in Lithuania offering a Doctoral Studies Programme in Management and Administration. Doctoral studies are intended for students who are planning their scholarly and academic careers in management and business people who are in need of a theoretical background and new insights into the business environment.
The Executive School, joining together academic and training programs, encompasses the broadest experience in business and management education. The Executive School is intended to be the flagship of the rest of the ISM fleet: the Graduate and Undergraduate schools.
The Graduate School encourages aspiring young specialists to follow the direction of today's business needs and foster ideas and better solutions for tomorrow's global economy. The key objectives of this programme are to stimulate innovative decision-making processes and strengthen each students ability to identify and respond to management challenges in the international arena.
The objectives of the Undergraduate School are to develop the appropriate professional abilities and educate a mature and well-rounded personality. The ISM Bachelors Degree provides both a substantial theoretical background and practical experience and also imparts the desire for continuous improvement.
ISM in Vilnius is located in a historic building in the Old Town, a former Basilian monastery. The set of buildings, which was repaired thoroughly and with respect to their original historic heritage, has again become the center of science. The courses are held by prominent academics and excellent teachers in Management, Economics and related fields. Unlike many state universities, ISM is highly motivated to maintain its record as, possibly, the best educator for young and ambitious managers and entrepreneurs.
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