Bachelor’s programme

Economics and Data Analytics

Students of the programme learn to understand and analyse economic processes at all levels – from user behavior to global economic trends.

Adam Klimant's photo. ISM University, Bachelor studies.
The undergraduate thesis prepared with the help of ISM lecturers helped me to enter the postgraduate studies at the University of Oxford.
Adomas Klimantas
Co-founder of Uvireso, Oxford and ISM Universities alumnus
Bachelor’s programme

Get to know the study programme

Students of the programme learn to understand and analyse economic processes at all levels – from user behavior to global economic trends.
Lithuanian and English
3 years + 6 months bachelor thesis
Bachelor of Social Sciences
210 ECTS
Become a Renowned Data Analyst: Economics and Data Analytics
09:53
Prof. dr. Tadas Šarapovas
Head of Economics and Data Analytics programme
Lecturers at ISM University share a common goal – to create value for students. Sincere collaboration and lecturers support create a special environment that encourages improvement. ISM University is also represented by exceptional students, who have their own attitude towards the world, who you not only teach but can also learn from.
Tadas Šarapovas, Ekonomikos ir duomenų analitikos programos direktorius. ISM, Bakalauro studijos.
#SignatureCourses
Kristina Aldošina, Rolandas Rimkevičius
Computer Programming
This course is centered around Python with slight touch of SQL, and has dual objectives: first, to impart the art of programming, and second, to introduce students to the exciting realms of data analytics and data science. Through hands-on experience, students learn how to efficiently solve real-life problems using algorithms and problem-solving techniques inspired by the social sciences. As a culmination of their learning journey, students are expected to create a final project, demonstrating their practical skills and innovative thinking.
Kristina Aldošina ir Rolandas Rimkevičius - ISM Signature courses
Marius Kušlys
Intermediate Macroeconomics
This course is designed to introduce students to intermediate-level macroeconomic models and theories. The first part covers long-run economic growth theories from neoclassical to institutional perspectives and the second part focuses on short-term economic fluctuations. Additionally, students will engage with political-economy theories to understand fiscal policy and its implications for the budget deficit. Through this course, students will develop analytical skills to critically assess macroeconomic policies.
Marius Kuslys. ISM Universitetas, Bakalauro studijos, Makroekonomika II.
Paulius Rauba
Data Mining for Business Intelligence
The Data Mining for Business Intelligence course is designed to make you a specialist in statistical learning. You will understand (and build) the fundamental algorithms that companies adopt in many of their data-driven applications. Upon completion, you will have the necessary skills to analyse business trends, effectively employ Python, use appropriate statistical learning tools to perform analyses and explain the main reasons behind your decisions. Students find this course invaluable for their future success in data analytics and science.
Paulius Rauba. ISM Universitetas, Bakalauro studijos, Duomenų gavybos metodai verslo analitikai.
Tadas Šarapovas, Ekonomikos ir duomenų analitikos programos direktorius. ISM, Bakalauro studijos.Kristina Aldošina ir Rolandas Rimkevičius - ISM Signature coursesMarius Kuslys. ISM Universitetas, Bakalauro studijos, Makroekonomika II.Paulius Rauba. ISM Universitetas, Bakalauro studijos, Duomenų gavybos metodai verslo analitikai.
Your studies

Program structure

Semesters
1
2
3
4
5
6
7

What will I learn?

You will learn what economy is and what you can achieve by analyzing the data correctly.
Both ISM lecturers and guest lecturers will introduce you to the essential theory
You will analyze real companies and real problems.

What will I learn?

You will learn what economy is and what you can achieve by analyzing the data correctly.
Both ISM lecturers and guest lecturers will introduce you to the essential theory
You will analyze real companies and real problems.

What will I learn?

You will study the basics of programming relevant to data analytics
You will deepen your knowledge of economics even more.
You will learn to use econometrics to achieve your goals.
You will carry out projects in which you will be able to use the data analysis and research knowledge you have already acquired

What will I learn?

You will study the basics of programming relevant to data analytics
You will deepen your knowledge of economics even more.
You will learn to use econometrics to achieve your goals.
You will carry out projects in which you will be able to use the data analysis and research knowledge you have already acquired

What will I learn?

You will learn what machine training is and what you can do with it.
You will understand what artificial intelligence really is, where it is applied and where it can already be used.
You’ll delve deeper into doing your most in the dominant field and I can do everything you can to test your practicality

What will I learn?

You will be able to use all the knowledge gained during your studies and internship in writing a bachelor's thesis to solve a real problem in a real company
Your future specialty

What can I be?

Economist

Risk Assessor

Data Analyst

IT Project Manager

Financial Analyst

Business Project Manager

Debora Kubeckaite. ISM Universitetas, Bakalauro studijos, Ekonomika ir Duomenu Analitika.
Studies in economics and analytics have led me to a dynamic job at a start-up. Besides, I gained knowledge in the fields of business development, communication, public speaking and analytics. I use my skills in my daily work, when I need to develop strategies, perform advertising and competitor analysis, distribute budgets and present new ideas to important customers. I am glad that the ISM studies were conducted in English, as this facilitates my work with both colleagues and partners from abroad.
Debora Kubeckaitė
Social Media Manager at PVcase, ISM alumna
What makes ISM special?

What makes ISM special?

Supportive Community

ISM is a boutique university where members have the opportunity to get to know each other well, including both students and business representatives. Here, professors remember your name and are familiar with your journey. We learn and celebrate together. ISM hosts a variety of student clubs and is guided by the idea of lifelong learning.
ISM community exhibits highly competitive environment, which both permits students to bring the best version of themselves along with creation of strong and resourceful network.
Vytenis Kukulskis (Ekonomikos ir Politikos bakalauro alumnas). ISM Universitetas, Ekonomikos ir Duomenu analitikos bakalauro studijos.
Vytautas Kukulskis
Alumnus of ISM Economics and Politics Bachelor’s programme
ISM Vadybos ir ekonomikos universitetas, stundetai, foto
Life at ISM

What makes ISM special?

Close Relationship with Business

In classes, students constantly tackle current business issues. Our students even complete internships in companies twice during their studies to better discover what suits them. The result? Business representatives highly value ISM students and alumni!
As an ISM student, I participated in visits to top Vilnius companies, including EY Lithuania, where I now work. These visits helped me build connections, explore career options, and showcase my skills to my current employer.
Yung Mihdi Nyelle ISM Universitetas, Bakalauro studentstudijos
Yung Mihdi Nyelle
Accounting Consultant at EY, ISM University student
ism university business
Life at ISM

What makes ISM special?

Located in the Heart of Vilnius

We’ve revitalized a historic building right in the heart of Vilnius. Here, in the lively Gedimino Avenue, you’ll find some of Lithuania’s largest companies and institutions. From the terrace where our community enjoys coffee together, you’ll have a breathtaking view of Gediminas’ Tower!
The campus is truly inspiring. I believe that having the opportunity to view the beautiful architecture in this location through G7’s large windows is incredibly motivating for students to pursue their goals.
Karolina Maria Orr ISM Universitetas
Karolina Maria Orr
Public Relations Account Executive, ISM University alumna
ISM Universitetas, Bakalauro studijos. Kuo ypatingos studijos? ISM - Vilniaus centre.
Life at ISM

What makes ISM special?

Internationality

Right here in the heart of Vilnius, you’ll feel like you’re abroad, as ISM boasts many international professors, and your fellow students come from various countries around the world. Here, you’ll build a strong international network. And if you wish, you’ll have the opportunity to earn a double degree with universities in France or Norway.
One of the strongest things I took away from ISM is the belief that I can achieve anything I want. Because during your studies you get to meet people from various cultures, you quickly learn that you have a lot more opportunities and don’t necessarily have to limit yourself to one market, such as Lithuania, for example.
Deividas Matačiūnas, ISM Vadybos ir Ekonomikos universitetas, Bakalauro studijos, foto
Deividas Matačiūnas
Technical Data Analyst at Sunrise, ISM University alumnus
ISM Vadybos ir ekonomikos universitetas, stundetai, foto
Bachelor’s studies

Programme benefits

ISM web programu ikonos
Integrative programme
You will combine economic knowledge with the latest information technology information.
ISM web programu ikonos
Harvard methodology
A programming course developed according to the Harvard methodology.
ISM web programu ikonos
Artificial Intelligence
Knowledge of machine learning and artificial intelligence.
ISM web programu ikonos
International accreditation
The programme is recognized with international FIBAA accreditation.

Opportunities abroad

ISM Universitetas, Bakalauro studijos. Studiju turas i Briuseli.
Unique opportunity

Study tour to Brussels

It’s a unique opportunity to get to know EU institutions!
ISM Universitetas, Bakalauro studijos. Dvigubas diplomas su BI Norwegian Business School.
Double degree program

Double degree with BI Norwegian Business School

Study in Norway, in one of the world’s 1 percent of Triple Crown-accredited universities (AMBA, EQUIS, AACSB).
ism university erasmus
Student exchange

100+ university exchange partners worldwide

One third of which have at least one prestigious business university accreditation (AACSB, EQUIS, AMBA).

News and events

ISM community speaks

ismuniversity
instagram reel
We grabbed a chat with one of our most excelling Entrepreneurship and Innovation students, @tarangmi!
ismuniversity
instagram reel
Just some of our favourite spots on ISM campus!
ismuniversity
You’ve got 3 minutes to pitch your business idea 🦄. How do you win over the investors?
ismuniversity
instagram reel
What to do after your Econ lectures? 💃 Let loose and dance to Latin beats with ISM students’ Dance Club, of course!

While studying, I drew inspiration from interesting and friendly, with an endless appetite for knowledge, professors who introduced us to various aspects of life.

Dovydas Musulas. ISM Universitetas, Bakalauro studijos, Ekonomika ir Duomenu Analitika.
Dovydas Musulas
Data Engineer at Kilo Health, ISM alumnus

Price, financing, and admissions

Tuition fees

ISM University charges a tuition fee. The fee is paid every semester. The same price applies both to EU and non EU students.

3190 EUR — Economics and Politics

3190 EUR — Economics and Data Analytics

3190 EUR — Finance

3190 EUR — International Business and Communication

3190 EUR — Business Management and Marketing

3720 EUR — Entrepreneurship and Innovation

Application fee

The application fee is 100 EUR.

It must be paid by transfer to the bank account of the ISM University of Management and Economics, and the receipt certifying the payment must be submitted to the enrolment system. Application fee is non-refundable.

Scholarships

Scholarships are available for all bachelor’s programmes

Best International applicants who will be applying for 2023 September intake can get a scholarship that covers up to 100%* of the tuition fee. Once granted, scholarships will continue to apply in the next semester provided that the student’s average mark is not lower than the average mark of the course and the student has no failures or penalties. Only the best applicants will be granted with scholarships by admission committee decision.

Opportunity to get a SCHOLARSHIP up to 100% (only for early applicants)

Students who apply during the early admission period (November 1 – April 30) can expect to get a scholarship up to 100%. To get a scholarship, students are required to take ISM’s Test, which consists of three parts: English language, Mathematics and Logical Thinking.

Scholarships will be issued by the end of May to those students who:

  • Have the highest average grades from school
  • Are highly motivated
  • Perform well on ISM’s Tests

ISM achievement scholarship

Even more motivation to study well at ISM university! Undergraduate students with the highest grades are awarded an Achievement Scholarship, which covers as much as 25 percent of the annual tuition fees.

The university offers as many as 10 Achievement Scholarships for each course. Scholarships are awarded for academic achievement to those with the highest weighted average in the same course. At the end of the academic year, a competitive queue will be formed based on annual students’ results, according to which the Achievement Scholarships are awarded.

If you have any questions, please contact the International Admissions team by e-mail bs@ism.lt

Admission rules

ISM runs a three-step selection process: fulfillment of eligibility criteria, online interviews, and an online Admissions Tests (for candidates who seek a scholarship).

How to apply?

To begin: Check eligibility

To be eligible to apply to ISM, a candidate must meet the following requirements:

  • A secondary school education completed in 2024 or earlier.
  • International English Language Exam or ISM English Test results* :
    • TOEFL (minimum score of IBT 60 points);
    • IELTS (minimum score of 6);
    • Cambridge English test Level B2 Certificate (minimum score of 165);
    • ISM English test (minimum score of 55) ;
    • English state exam result is equal or higher than Level B2 if applicant is from Estonia or Latvia;
  • State mathematics examination or, if the person has not taken this exam, the ISM mathematics test results.

* Individuals, whose previous educational mode of instruction was in English may be exempted from the English language test (applicable to entrants from EU, EEA, CIS and EaP countries). Applicants from the above countries may take the state English language exam instead of the International Foreign Language Exam or the ISM English language test. After the motivational interview, the ISM admission commission reserves the right to request the applicant to take the ISM English language test.

All applicants who fulfill the formal entry requirements are welcome to submit an online application form.

Detailed admission instructions can be found HERE

Investing in studies pays off

25
%
On average higher salary a year after graduation than graduates’ of other Lithuanian universities*
1940
Average netto salary of bachelor’s graduates in 2 years after graduation**
25
%
Bachelor graduates hold middle or top management positions 2 years after graduation**
*Calculations made by ISM University according to 2019 STRATA data, comparing the salaries of graduates of first cycle studies in economics, finance, marketing, human resources, business and management. **ISM Graduate Survey, 2022, 469 respondents were surveyed.
Consultation

Considering studies at ISM?

Register for a consultation and we will answer all your questions! Or have you already chosen a study program? Then apply online.
Contacts
 Ilona Misiuk, ISM International Projects Manager
Ilona Misiuk
International Projects Manager
+370 697 57 586 ilona.misiuk@ism.lt
 Mėta Kvedaravičiūtė, Junior Admissions Officer
Mėta Kvedaravičiūtė
Junior Admissions Officer
+370 612 91 440 meta.kvedaraviciute@ism.lt