• Application Deadline
  • 42 months
    Duration

About

The Finance programme offered by the the ISM University of Management and Economics is meant to educate versatile financial specialists. First, the students start learning the essential principles of financial accounting and go down to learning the application of specific methods and principles of finance. 

Programme features: 

  • Students acquire knowledge about the management of state, institutional, corporate and personal finance, which they can later deepen in a specific area of their choice. 
  • A graduate of the Finance programme will be able to manage the financial accounting processes of company groups, make complex investment projects, including decisions regarding financial portfolios and financial risk management, and to analyse financial market operations.

After the studies you will be able to:

  • forecast the influence of current economic and financial decisions in a broader context of organisational management;
  • choose the suitable mathematical, statistical, econometric and other analysis methods as well as to independently perform the economic analysis of a country, sector or company;
  • analyse corporate financial management processes and solve financial and management accounting tasks of various difficulty;
  • explain the relationship between the finance theory and practice and make practical use of the knowledge when assessing financial information;
  • analyse the operations of financial markets and institutions.

Detailed Programme Facts

  • More details:
    • Early admission: 1 February - 30 April
    • April Main admission: 1 February - 18 July
  • Programme intensity Full-time
    • Full-time duration 42 months
  • Languages
    • English
  • Delivery mode
    On Campus
  • More information Go to the programme website

Programme Structure

Courses include:

  • Principles of Economics, Business and Management
  • Principles of Finance
  • Quantitative Decision-Making
  • Mathematical Analysis
  • Finite Mathematics
  • Logic
  • Microeconomics
  • Financial Accounting
  • Academic Writing and Presentation Skills
  • Macroeconomics
  • Managerial Accounting
  • Strategic Management
  • Financial Markets and Institutions

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    60

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    5.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS

Academic Requirements

Applicants for undergraduate studies at the ISM University of Management and Economics must have at least secondary or equivalent education certified by documents.

Requirements:

  • Secondary school diploma;
  • Composition of the competitive score consists of your final state exams or grades in: Mathematics; History One of the following subjects: Geography / Biology / Information technology / Second foreign language.
  • Annual grade: English language
  • Additional points for national and international competitions (Economics, Management, Politics or Equivalent).
  • On-line application.
  • Bachelor’s degree or equivalent recognized by the Russian Federation and duly legalized (if applicable).

Tuition Fee

  • International

    4720 EUR/year
    Tuition Fee
    Based on the original amount of 2360 EUR per semester and a duration of 42 months.
  • EU/EEA

    4720 EUR/year
    Tuition Fee
    Based on the original amount of 2360 EUR per semester and a duration of 42 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Vilnius

  • 490 - 860 EUR/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Best international applicants can try to get  30-50% discounts on the tuition fee. Best students are granted by separate  admission committee decision due to their competitive score. 

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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