ISET Policy Institute (ISET PI)

What ISET Policy Institute (ISET PI) does

ISET Policy Institute (ISET PI), formally the International School of Economics at Tbilisi State University, is a private higher-education institution headquartered at 16 Zandukeli St., Tbilisi, Georgia. It delivers three core degree programs — a Bachelor in Economics, a Master in Economics, and a Master in Finance — supported by a research seminar series, a working paper series, and an academic library. The institution holds exclusive credentials in the Georgian market: it is the only institution in the country with FIBAA-accredited economics programs (re-accredited for seven years through 2033) and the only CFA Institute-affiliated finance program in Georgia. It operates double-diploma partnerships with the University of Bremen (Germany) and Clermont Auvergne University (France), and maintains industry engagement with Bank of Georgia and TBC Bank.

The business model combines annual tuition revenue across three programs with donor and partner funding supporting scholarships and institutional operations. Multiple scholarship mechanisms (PMCG Need-Based Scholarship, CFA Institute Student Scholarships, Best Improver Stipend) are layered on top of base tuition. ISET markets primarily through its website, social media channels (Facebook, Instagram, LinkedIn, YouTube, X), research seminars, and on-campus industry events. The go-to-market is sales-led via formal admission processes including entrance exams, APP forms, and direct enrollment, with student exchange and double-diploma pathways serving as recruitment and differentiation mechanisms.

Technically, ISET's platform consists of curriculum design, academic delivery, and research output rather than software or technology products. The institution operates a Moodle-based learning environment (moodle.iset.ge) and publishes a working paper series. There are no disclosed APIs, software products, or proprietary technology platforms. The 12 listed employees represent core staff; the broader teaching and research faculty is not enumerated in available data. The institution appears to be state-affiliated through Tbilisi State University while operating with its own governance board, faculty, and donors.

Name

ISET Policy Institute (ISET PI)

Legal name

International School of Economics at Tbilisi State University (ISET)

Website

https://iset.tsu.ge

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

ISET Policy Institute is a Tbilisi-based private higher-education institution offering FIBAA-accredited BA and MA economics programs and a CFA-affiliated Master in Finance, serving Georgian and international students with double-diploma pathways to German and French universities.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Colleges, Universities, and Professional Schools (6113), Colleges, Universities, and Professional Schools (61131)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Online International & Cross-Border Universities (Global/Transnational Providers) (EDAHALAL)

Keywords

• Higher education
• Economics programs
• Finance education
• Policy research
• Academic accreditation

Headquarters

HQ city

Tbilisi

HQ country

Georgia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Tuition Fees: Revenue generated from student tuition for Bachelor in Economics, Master in Economics, and Master in Finance programs. Programs have associated tuition fees that vary by program level.
2. Donor Funding: Funding from donors and partners to support scholarships, programs, and institutional operations

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

ISET Policy Institute is a higher education institution offering three degree programs—a Bachelor in Economics, a Master in Economics, and a Master in Finance—delivered on its Tbilisi campus. Programs are supported by double-diploma partnerships with the University of Bremen (Germany) and Clermont Auvergne University (France), enabling students to obtain dual international credentials alongside their ISET degree.

Product overview

ISET Policy Institute operates as an educational institution offering a portfolio of three internationally accredited academic programs. The core offerings include a Bachelor in Economics and a Master in Economics (both FIBAA-accredited), alongside a Master in Finance that holds CFA Institute affiliation. These programs are supported by double-diploma partnerships with international universities (University of Bremen, Clermont Auvergne University), research activities through seminars and working paper series, and a dedicated library resource. The institution also provides various student opportunities including thesis awards and scholarships.

Differentiator

Problem solved

Functional benefit

Products and services

• Bachelor in Economics Four-year undergraduate program in economics re-accredited by FIBAA for seven years through 2033, offering study abroad options and a double-diploma pathway with the University of Bremen in Germany. Intended for high school graduates seeking internationally accredited economics education in Georgia.
• Master in Economics Two-year graduate program in economics with options for student exchange, double-diploma completion at Clermont Auvergne University in France, and teaching assistantships. Intended for students seeking advanced economics training, research seminar participation, and preparation for PhD studies or economics research careers.
• Master in Finance Two-year graduate finance program affiliated with the CFA Institute—the only academic program in Georgia to hold this designation. Includes a Bank of Georgia partnership for industry engagement and CFA Institute Student Scholarships. Intended for students pursuing finance careers with CFA-aligned curriculum.

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered minor and core.

• TBCminorStrategic or Co-development Partner · 21 May 2026TBC Bank visited ISET for an engaging on-campus event dedicated to student learning and professional development. Represents industry engagement and career opportunities for students.
• University of BremencoreStrategic or Co-development PartnerDouble Diploma Partnership for BA Economics students to study their fourth year at University of Bremen, Germany and receive two diplomas. This partnership provides international academic credentials and exposure to German higher education standards.
• Clermont Auvergne UniversitycoreStrategic or Co-development PartnerDouble Diploma Partnership for MA Economics students to study fall semester of their second year at Clermont Auvergne University, France and receive two diplomas. Provides international academic exposure and French university credentials.
• Bank of GeorgiaminorStrategic or Co-development PartnerPartnership supporting Master in Finance program with career engagement, industry expertise, and student opportunities. Bank of Georgia visits campus for student learning and professional development activities.
• CFA InstitutecoreStrategic or Co-development PartnerCFA Institute affiliation for Master in Finance program. ISET's program is the only academic program in Georgia to achieve CFA Institute affiliation, providing students with curriculum aligned to CFA certification standards.
• FIBAAcoreStrategic or Co-development PartnerInternational accreditation body that re-accredited ISET's BA and MA economics programs for 7 years through 2033. ISET is the only institution in Georgia with internationally accredited economics programs.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Tbilisi State University: ISET operates within the TSU ecosystem as the International School of Economics. TSU is the parent institution and the largest comprehensive university in Georgia, offering broad programs across disciplines; ISET differentiates by specializing in economics and finance with international accreditation.
• Corvinus University of Budapest: A leading Central European university specializing in economics, business, and social sciences with international accreditation and English-language programs. Comparable to ISET in scope of economics/finance offerings and international partnerships.

Direct peers

• European University at St. Petersburg: A graduate social sciences institution in Russia with international accreditation and partnerships similar to ISET. Both serve as bridges between post-Soviet academic systems and Western European educational standards in economics and social sciences.
• Central European University: CEU is an internationally accredited graduate university focused on social sciences, economics, and policy in the Central European/Eurasian region. ISET shares CEU's emphasis on international accreditation standards and research-active teaching in a transitioning economy context.
• Ilia State University: A major Georgian research university in Tbilisi offering business and economics programs at undergraduate and graduate levels. Ilia State is ISET's primary domestic competitor for economics and finance students in Georgia.
• Free University of Tbilisi: A private Georgian university offering undergraduate and graduate programs including business and economics, with English-language instruction. Competes with ISET for the same pool of internationally-oriented Georgian students.
• Stockholm School of Economics in Riga: SSE Riga is a regional business and economics school in the Baltic states offering BSc and MSc programs with strong ties to Scandinavian universities, similar to ISET's model of delivering international-quality economics/finance education in a post-Soviet/Eastern European context.
• Georgian American University: A private Georgian university offering business, economics, and law programs in English. Competes with ISET in the same Tbilisi market for internationally-oriented students, though without ISET's specific FIBAA or CFA credentials.

Regional players

• University of Tartu: Estonia's leading university with strong economics and finance programs at the BA and MA levels. Comparable to ISET as a regional higher education leader in a post-Soviet economy with European integration, though operating in a different country.
• Azerbaijan State University of Economics: The leading economics and business university in neighboring Azerbaijan. UNEC is a regional peer for economics/finance education in the Caucasus, though primarily focused on domestic Azerbaijani students.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ISET_PI
• YouTubeyoutube.com/@ISETchannel
• Facebookfacebook.com/ISET.ISET
• LinkedInlinkedin.com/company/iset-policy-institute-iset-pi-
• Instagraminstagram.com/iset_school_of_economics

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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

Frequently asked questions about ISET Policy Institute (ISET PI)