ISM University of Management and Economics

What ISM University of Management and Economics does

ISM University of Management and Economics is a private higher education institution headquartered in Vilnius, Lithuania, operating under the legal entity UAB ISM Vadybos ir ekonomikos universitetas. Founded in 2002 and holding AACSB International accreditation (top 6% of business schools worldwide, first in the Baltic states), the university delivers degree programs at bachelor, master, and doctoral levels alongside an Executive School targeting senior managers and corporate clients. Named reference clients include Vinted's founder, Wargaming Vilnius's CEO, Girteka Logistics (100+ managers trained), Telia Lietuva, and Lithuanian Police.

Name

ISM University of Management and Economics

Legal name

UAB ISM Vadybos ir ekonomikos universitetas

Website

https://ism.lt

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Short description

ISM University of Management and Economics is a private, AACSB-accredited business school in Vilnius, Lithuania, delivering bachelor's, master's, doctoral, and executive programs to degree-seeking students, senior managers, and corporate clients such as Telia, Girteka, and Lithuanian Police.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Colleges, Universities, and Professional Schools (611310), Professional and Management Development Training (61143)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Strategy, Consulting & General Management Institutes (EDAHAHAI)

akta.pro secondary industries

Executive Education & Corporate Programs (Non-degree) (EDAHAHAN), Specialized Master’s in Management (MiM) & Business Analytics (EDAHAHAC), International Business & Global Management Schools (EDAHAHAJ)

Keywords

• Higher education programs
• Business school degrees
• Executive education
• Corporate leadership training
• Management studies

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Tuition Fees - Degree Programs: Revenue from bachelor's, master's, and doctoral degree programs. Bachelor programs are 3 years (180-210 ECTS), Master's programs are 1-2 years (90-120 ECTS), Doctoral programs are 4-6 years. Tuition varies by program level and study mode.
2. Executive Education: Executive MBA, Master of Management (Vadovų Magistrantūra), and organizational development programs generate revenue from working professionals and corporate clients. Programs include module-based pricing and corporate training partnerships.
3. Corporate Training and Partnerships: Organizations pay for customized leadership development programs including Leadership Academy, Management Academy, and New Manager programs. Revenue generated through corporate partnerships and institutional training contracts.
4. Lab 4 Leaders Membership: Continuous learning platform subscription model with Basic (100 EUR/month or 1000 EUR/season) and Premium (160 EUR/month or 1600 EUR/season) membership tiers for executives and alumni.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

ISM University of Management and Economics is a private AACSB-accredited university that delivers business and management higher education programs at bachelor, master, doctoral, and executive levels, primarily on its Vilnius campus. It also sells modular executive education (Executive MBA and Vadovų Magistrantūra), customized corporate leadership development through the Internal Leadership Academy, subscription-based continuous learning via the LAB 4 Leaders platform, and a free Baltic Digital Skills Development Programme in partnership with LIKTA and the University of Latvia.

Product overview

ISM University of Management and Economics is an AACSB-accredited international university in Vilnius, Lithuania offering comprehensive higher education across all degree levels. The portfolio includes Bachelor Studies (6 programs in business, economics, and communication), Master Studies (5 programs including Business Sustainability, International Marketing, Innovation Management), and Doctoral Studies in Economics and Management (jointly with Vytautas Magnus and Mykolas Romeris Universities). Executive Education encompasses the Executive MBA and Master in Management (Vadovų Magistrantūra) programs, alongside the Internal Leadership Academy for corporate clients with three tiers (Leadership Academy, Management Academy, Manager Start). The LAB 4 Leaders platform provides ongoing learning for alumni and executives. The Baltic Digital Skills Development Programme offers free digital skills courses (Power BI, Python, Microsoft 365, Low-code platforms). Support services include Career Center, international exchange with double-degree options, and ISM Wargaming Lab for research. The university serves as an educational institution with programs ranging from undergraduate to doctoral levels, with Executive School targeting working professionals and corporate partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Bakalauro studijos (Bachelor Studies) Three-year undergraduate degree programs (180-210 ECTS) in business management, economics, finance, international business, entrepreneurship, and data analytics, taught in English, for high school graduates and prospective students.
• Magistrantūros studijos (Master Studies) One- to two-year master's degree programs (90-120 ECTS) taught in English, covering sustainability, marketing, financial economics, global leadership, and innovation management, for early- and mid-career professionals.
• Doktorantūros studijos (Doctoral Studies) Doctoral programs in Economics and Management (full-time 4 years, part-time up to 6 years) leading to a Doctor of Social Sciences degree, including state scholarships, ISM graduate discounts, and a 175 EUR admission fee for EU and non-EU citizens.
• Executive MBA One-year Executive MBA for senior leaders with classes held three days per month, taught in English, and a typical cohort with average age 38 and average 20 years of management experience.
• Vadovų Magistrantūra (Master in Management) Modular executive Master in Management program for leaders with at least 4 years of management experience, priced per module or full program, with GPM tax benefits, alumni discounts, and corporate partner volume discounts up to 25%.
• Vidinė Lyderystės Akademija (Internal Leadership Academy) Customized organizational leadership development programs for corporate and public sector clients, structured in three tiers (Leadership Academy, Management Academy, Manager Start), delivered as multi-year engagements such as Telia Leadership Academy and Lithuanian Police leadership training.
• LAB 4 Leaders Subscription-based continuous learning platform for executives and ISM alumni with at least 3 years of management experience, offering business case evenings, insider visits, networking, off-site retreats, corporate governance sessions with the rector, and investing workshops, available in Basic (100 EUR/month) and Premium (160 EUR/month) tiers.
• Baltic Digital Skills Development Programme Free digital skills training program implemented with LIKTA and the University of Latvia, offering courses in Business and Data Analysis (Power BI), Low-code/No-code Platforms (Power Apps, Power Automate, Power Virtual Agents), Python Programming, and Microsoft 365 Administration, plus virtual internships for professionals across the Baltic region.
• Švietimo Lyderystė (Education Leadership) Specialized leadership program tailored for leaders in the education sector, offered as a distinct offering separate from the main degree programs.

Quantifiable outcome

• Top 6% of business schools worldwide (AACSB accredited)
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Telia LietuvaminorImplementation/ SI/ Consulting Partner · 1 January 2015Telia Lietuva partnered with ISM Executive School to develop Telia Leadership Academy, a multi-year leadership development program for their managers. ISM provided comprehensive training covering leadership topics with experienced lecturers having both academic and practical expertise.
• Lithuanian PoliceminorImplementation/ SI/ Consulting Partner · 1 January 2015Lithuanian Police (12,500 employees) implemented leadership training program with ISM to develop innovative, change-ready leaders capable of managing organizational transformation according to 2015-2020 guidelines.
• BI Norwegian Business SchoolcoreStrategic or Co-development PartnerDouble degree partnership allowing ISM students to obtain diplomas from both ISM and BI Norwegian Business School. This partnership enables students to gain Scandinavian business education perspective alongside Lithuanian studies.
• KEDGE Business School (France)coreStrategic or Co-development PartnerDouble degree partnership with KEDGE Business School in France providing students with French and European business education credentials alongside ISM qualification.
• Illinois Institute of Technology (USA)coreStrategic or Co-development PartnerDouble degree partnership with Illinois Institute of Technology in the USA enabling students to receive American business education credentials in addition to ISM diploma.
• LIKTA (Latvian Information and Communications Technology Association)coreStrategic or Co-development PartnerISM partners with LIKTA to implement the Baltic Digital Skills Development Programme (Virtual Internships in the Baltics). The project offers free digital skills courses in partnership with University of Latvia targeting professionals across the Baltic region.
• University of LatviacoreStrategic or Co-development PartnerJoint implementation of Baltic Digital Skills Development Programme. University of Latvia collaborates with ISM and LIKTA to deliver digital skills training across the Baltic states.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Hult International Business School: Global private business school with bachelor, master, MBA, and executive programs; competes for international students seeking AACSB-equivalent credentials and English-taught programs in Europe.
• KEDGE Business School: Another of ISM's double-degree partners; large French AACSB-accredited business school offering bachelor, master, MBA, and executive education — directly comparable portfolio to ISM with global exchange footprint.
• Stockholm School of Economics in Riga (SSE Riga): Direct Baltic-region competitor offering bachelor's and master's programs in economics and business; competes for the same Lithuanian, Latvian, and international student pool for premium business education in the Baltics.
• IEDC Bled School of Management: Small-to-mid-sized AACSB-equivalent executive-focused business school in Slovenia; similar positioning to ISM as a regional Central/Eastern European school with strong executive education and corporate training focus.
• BI Norwegian Business School: One of ISM's explicit double-degree partners; comparable AACSB-equivalent private business school in Northern Europe with executive MBA, bachelor, and master programs serving a similar international student profile.

Broad incumbents

• Rotterdam School of Management, Erasmus University: Larger AACSB-accredited European business school with bachelor, master, MBA, and executive education; competes for the same European and international fee-paying student pool and corporate training budgets as ISM.
• IMD Business School: Top-tier European executive education provider with strong corporate training and executive MBA programs; serves as the aspirational peer benchmark for executive education pricing and product quality.
• Copenhagen Business School: Large Nordic AACSB/EQUIS-accredited business school offering bachelor, master, MBA, and executive education; comparable academic and executive education portfolio targeting Nordic and international students.

Regional players

• Vilnius University (VU) Faculty of Economics and Business Administration: Major Lithuanian state university with economics and business programs directly competing for Lithuanian bachelor and master students in the Vilnius market.
• Vytautas Magnus University: Lithuanian public university partner for ISM's doctoral programs; offers competing business and economics degrees to Lithuanian and international students at lower price points.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCSmtDa6cVrRZbeVcfBT7Alg
• Facebookfacebook.com/university.ism
• LinkedInlinkedin.com/school/ism-university-of-management-and-economics
• Instagraminstagram.com/ismuniversity
• Xx.com/ISM_LT

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ISM University of Management and Economics