• Application Deadline
  • 42 months
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The Finance programme offered by the the ISM University of Management and Economics is in line with the requirements for CFA (Chartered Financial Analyst) Level 1 examinations. CFA is the globally recognised top level qualification of financial analysts that is certified by the CFA Institute.

This programme equips future financial experts with skills that will respond to technological changes and global market trends. 

During your studies, you will have consistent access to a Bloomberg Terminal, which you will use to analyze red-hot corporate scandals and other major financial incidents that affect companies. 

You will learn how to gather market data and apply the latest economic and investment theory, all of which will be necessary for your work. After you finish this programme, you will be a desirable expert who understands the language of international and corporate finance.

Your career opportunities

Upon graduating this programme you 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. Benefits: no application fee & 10% discount on the first year tuition fee
    • Main admission: 1 May - 20 July
  • Programme intensity Full-time
    • Full-time duration 42 months
  • Credits
    210 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses included:

  • 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

  • Minimum required score:


    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.

  • Minimum required score:


    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.

    Get a free IELTS practice test

General Requirements


  • Secondary school diploma (or equivalent education certified by documents);
  • 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).
  • Motivation interview on Skype

Tuition Fee

  • International

    5200 EUR/year
    Tuition Fee
    Based on the original amount of 2600 EUR per semester and a duration of 42 months.
  • EU/EEA

    4960 EUR/year
    Tuition Fee
    Based on the original amount of 2480 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.


Best international applicants can try to get  30% 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.


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