ISM University of Management and Economics
Bachelor in Economics and Data AnalyticsVilnius County, Lithuania
DEGREE TYPE
Bachelor's degree
DURATION
7 semesters
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
01 Sep 2025
STUDY FORMAT
On-Campus
Key Summary
Scholarships
Explore scholarship opportunities to help fund your studies
Introduction
Economics and Data Analytics – students of this programme learn to understand and analyze economic processes at all levels – from user behavior to global economic trends. You will gain knowledge that will help you understand how a company operates, how the country’s economy and leadership decisions affect business, and what changes global trends bring. Studies will open the doors to commercial and central banks, international investment banking, auditing, insurance companies, and other business enterprises.
Executives of the largest international companies operating in Lithuania say ISM University provides the highest quality education. - 2019 Quarterly Lithuanian Investor Confidence Index Survey
Great opportunity to meet EU economists in Brussels!
During the visit:
- Learn from famous EU economists.
- Get acquainted with the leaders of the EU institutions who make the most important economic decisions.
- Understand how the data is analyzed in one of the largest EU institutions.
- Participate in seminars and discussions on economic topics.
Additional opportunity – double degree at BI Norwegian Business School, which is among 1% of Business Schools in the world to hold the Triple Crown accreditations (AMBA, EQUIS & AACSB)
Admissions
Scholarships and Funding
Curriculum
1 year
1 semester
- Formal Logic (FUN133)
- Principles of Finance (FIN114)
- Mathematical Analysis (FUN101)
- Quantitative Decision Making (FUN118)
- Principles of Economics, Business, and Management (MNG101)
- Academic Writing and Presentation Skills (HUM108)
2 semester
- Microeconomics (ECO101)
- Statistical Data Analysis (FUN107)
- History of Economic Theories (ECO103)
- Finite Mathematics (FUN103)
- Elective course
2 year
1 semester
- Computer Programming (IT103)
- Macroeconomics (ECO102)
- Mathematical Methods in Economics (FUN105)
- Financial Markets and Institutions (FIN105)
- Econometrics (ECO105)
2 semester
- Data Mining for Business Intelligence (IT101)
- International Economics and Trade (ECO121)
- Intermediate Macroeconomics (ECO129)
- Welfare Economics (ECO122)
- Economic Forecasting (ECO108)
3 year
1 semester
- Artificial Intelligence and Machine Learning (IT102)
- Public Finance (FIN104)
- Political Economy (POL138)
- Intermediate Microeconomics (ECO131)
- Elective course
2 semester
- Elective courses
4 year
1 semester
- Internship (ECO124)
- Bachelor Thesis (ECO116)
Program Outcome
After graduation you will be able to answer these questions:
- Does Lithuania need its own cryptocurrency? How to increase credit for businesses and individuals? What are some alternative financial services models? - Banks, Fintech
- What measures the state should apply to ensure sustainability and economic growth? How to formulate a fiscal strategy? How to use monetary policy tools? - Government institutions
- How to do a cost-benefit analysis? How to optimize costs? How to maximize revenue? By what means to carry out the analysis of the company’s economic and financial activities? How to diagnose corporate economic problems? - Economic, financial, consulting, audit
- How to determine a company’s value? How to diversify your investment portfolio? How to analyze large data arrays? How to improve, modify tools for data analytics? - Investment companies
Facts
- 25% on average higher salary compared to graduates of other LT universities
- Data: Lithuanian Government Strategic analysis center, graduates of economy, finance and management, 2019
- Data: Lithuanian Government Strategic analysis center, graduates of economy, finance and management, 2019
- 1940 € average salary after tax 2-3 years after graduation
- Survey of ISM graduates 2022
- Survey of ISM graduates 2022
- 98% graduates would recommend studies at ISM to friends or family
- 98% graduates are employed in their degree field
- 60% lecturers from abroad
- Every 3rd graduate owns a business
After graduation, you will be able to
- Explain, analyze and model economic processes at micro and macro levels and manage them in a dynamic environment.
- To improve tools of economic and financial indicator analysis, to adapt, apply analytical and forecasting methods to practical circumstances.
- Apply the acquired professional competencies in the areas of organization economics, investment, finance and risk management, and economic analysis and forecasting.
- Predict economic scenarios, anticipate the economic consequences of decisions made in companies and organizations, and forecast potential changes in demand and supply.
- Develop competencies in data analytics, computer programming, data processing that are essential for economic phenomenon analysis and/or economic decision making.
Program Tuition Fee
Career Opportunities
Career opportunities
Studies will open the doors to commercial and central banks, international investment banking, auditing, insurance companies, and other business enterprises.
What can you be after the graduation?
- Economist
- Risk Assessor
- Data Analyst
- IT Project Manager
- Financial Analyst
- Business Project Manager