Study business & management in Lithuania
This guide is general information, not legal advice. Rules and fees change — confirm anything important with the official source linked below and your university's international office.
Lithuania is one of the more affordable places in the EU to earn an English-taught business, management, economics or finance degree. The main options are ISM (private, business-focused), Vilnius University, Vytautas Magnus University (VMU), Kaunas University of Technology (KTU) and Mykolas Romeris University (MRU). Below is what they cover, roughly what they cost, and how to get in — with the caveat that fees and exact requirements change every intake, so always confirm on the official programme page.
Confirm tuition and language before you commit
Tuition figures and deadlines change with every intake, and "business school" does not always mean "taught in English". The numbers here are indicative ranges for the 2025/26 intake — verify the current fee, deadline and the language of instruction on the specific programme's official admissions page before you apply or pay anything.
Where to study business in English
The five universities most international business applicants compare, and what each is known for:
| University | City | Profile | Example English programmes |
|---|---|---|---|
| ISM | Vilnius / Kaunas | Private, business-only, AACSB-accredited | Finance; Business Management & Marketing; International Business & Communication; Economics & Politics; Entrepreneurship & Innovation |
| Vilnius University (EVAF) | Vilnius | Largest, oldest; strong research links | Management; Economics & Finance; Global Marketing; Quantitative Economics; Accounting & Audit |
| VMU | Kaunas | Liberal-arts style, flexible | Business Administration; Economics; Marketing |
| KTU | Kaunas | Tech university, data/analytics slant | Economics; Business Digitalisation Management |
| MRU | Vilnius | Social-sciences focus | Management; Economics; Finance; Public Administration |
Programme names and availability change year to year. Use the official Study in Lithuania search and each university's site to confirm what is open for your intake.
Not every business programme is fully in English
Several economics/finance programmes here are listed as "Lithuanian and English" (for example some economics tracks at VU, KTU and VMU), which can mean part of the teaching is in Lithuanian. Open the exact programme page and confirm the language of instruction before assuming you can complete the whole degree in English.
What it costs
Public-university business and economics bachelors cluster in a fairly narrow band; private ISM and most masters sit higher. Treat the figures below as indicative ranges for the 2025/26 intake and confirm on the programme page.
| Programme type | Indicative tuition (per year) |
|---|---|
| Public bachelor (business / economics / management) | from approximately EUR 3,200–3,700 |
| Private (ISM) bachelor | typically higher — confirm on the ISM site |
| Master's (business / finance / management) | usually higher than bachelor — confirm per programme |
For reference, Vilnius University publishes around EUR 3,660/year for its English-taught Management and Economics & Finance bachelors, and KTU lists its Economics bachelor at roughly EUR 3,250/year — but always check the current figure, because these are an official requirement that changes each intake.
On top of tuition, budget for living costs of around €350–€700unverified, cheaper in Kaunas than in central Vilnius.
Scholarships and tuition reductions are common
Most universities offer merit-based tuition reductions. ISM, for example, advertises discounts of up to 50% for top scorers on its admissions test, plus reductions for Baltic, Ukrainian and family applicants; public universities have their own merit waivers. Tick the scholarship option when you apply and ask the international office — you are often considered automatically.
What you actually study
The curriculum is broadly similar across institutions; the differences are in emphasis.
- General management / business administration (ISM, VU, VMU, MRU) — economics, accounting, marketing, finance, HR, strategy, business law and entrepreneurship, usually with an internship and a final thesis.
- Economics and finance (VU, KTU, MRU) — micro/macroeconomics, corporate and public finance, banking, econometrics and data tools (several programmes give Bloomberg terminal access and certificates).
- Marketing / international business (ISM, VU, VMU) — consumer behaviour, global marketing, communication and cross-cultural business.
- Data / digital business (KTU, VU Quantitative Economics, ISM Economics & Data Analytics) — analytics, statistics and software (SPSS, EViews, R/Python) applied to business problems.
Most bachelors are 3.5–4 years (ISM runs 3 years plus a thesis; public universities are typically 4). Teaching leans on case studies, simulations and a mandatory internship.
Entry requirements
Exact requirements differ per programme, but the common pattern is:
- A recognised secondary-school qualification giving access to higher education.
- Proof of English — commonly IELTS or TOEFL, or a recognised CEFR level. The bar varies: KTU's Economics bachelor accepts about B2 (IELTS 5.5 / TOEFL 75), while Vilnius University asks for C1 on its EVAF business bachelors. Some universities accept a Medium-of-Instruction (MOI) letter — confirm whether yours does.
- A motivation letter and/or interview — used in ranking at several faculties (e.g. VU EVAF).
- Academic ranking — based on your grades and, for some, an admissions test (ISM runs its own academic knowledge test).
- Diploma recognition — non-EU applicants generally need their secondary qualification assessed; the national body is SKVC.
Check deadlines early — they move each intake
Application windows and deadlines change every year and differ between universities (private ISM often runs on a different timeline to the public universities). Do not rely on last year's dates — confirm the current deadline on each programme's official admissions page.
Recognition and careers
A Lithuanian business degree is EU-recognised and follows the Bologna system, so it is valid across the European Union; for use outside the EU, the destination country's recognition body may still need to assess it.
Crucially, business and management are not regulated professions — unlike doctors, dentists or lawyers, you do not need a licensing or board exam to work in business. The degree alone qualifies you to apply for roles.
- EU/EEA graduates can work freely in Lithuania and across the EU.
- Non-EU graduates can usually apply for a temporary residence permit to look for work after finishing — confirm the current process and time limit on migracija.lt.
Faculties report strong graduate employability, with alumni at firms such as the Big Four (PwC, EY, KPMG, Deloitte), banks (SEB, Swedbank) and large corporates. As always, outcomes depend on your field, internships and — for many local roles — some Lithuanian.
Shortlist 2–3 specific programmes, not 'a university'
Fees, language of instruction, English level, scholarships and reputation all differ per programme. Pick two or three exact programmes, open their official pages side by side, and compare those numbers rather than the country or university averages.
Frequently asked
Can I study business in English in Lithuania?+
Yes. ISM, Vilnius University, VMU, KTU and MRU all run English-taught business, management, economics or finance degrees. But not every programme is fully in English — some are listed as Lithuanian and English, so check the language of instruction on the specific programme page before applying.
How much does a business degree cost?+
For public universities, bachelor tuition is roughly from EUR 3,200–3,700 per year for the 2025/26 intake; private ISM and some master's sit higher. Treat these as indicative and confirm the exact fee on the official programme page, as fees change each intake.
What are the entry requirements?+
A recognised secondary-school qualification, proof of English (commonly IELTS/TOEFL or CEFR B2–C1 depending on the university), and often a motivation letter or interview. Non-EU applicants also need their diploma recognised. Requirements differ per programme — check the official admissions page.
Is a Lithuanian business degree recognised abroad?+
Yes. Lithuanian degrees follow the Bologna system and are recognised across the EU. For use elsewhere, a local recognition body may still need to assess it. Business is not a regulated profession, so there is no licensing exam to practise — unlike medicine or law.
Can I work in business after graduating?+
EU graduates can work freely in Lithuania and the EU. Non-EU graduates can usually apply for a residence permit to look for work after finishing — confirm current rules on migracija.lt. Business roles are not licence-gated, so the degree alone qualifies you to apply for jobs.
Sources
- ISM University of Management and Economics — Bachelor studies
- Vilnius University — Economics & Business Administration (admissions)
- VMU Faculty of Economics & Management
- KTU Admissions — Bachelor programmes
- Mykolas Romeris University — Admission
- Study in Lithuania — official portal
- SKVC — recognition of foreign qualifications
