Erasmus programa - ISM Vadybos ir ekonomikos universitetas

About Erasmus program

Erasmus+ exchange program is the opportunity to study part of a study period (one or two semesters) at a selected university in the European Union with which ISM University has a partnership agreement. You can read more about Erasmus+ programme here.

* The Erasmus program can be used for studies for 360 days, 12 months. Study time abroad cannot exceed half of study time at ISM.

Erasmus+ programme supporting documents:

Scholarship

During Erasmus + exchanges, students also have the opportunity to apply for a scholarship (606-700 € per semester, depending on the country of destination).

Supplementary scholarship for students with disabilities and / or special needs If a student with a disability or special needs goes abroad for an Erasmus study or traineeship, an additional scholarship may be awarded.

The scholarship does not cover all the costs of study or internship abroad.

Who can participate and what is the selection criteria?

Undergraduate students can go for an exchange from the 3rd semester (except for Finance students, who can go from the 4th semester). Students can apply if they have no more than one failed course. Postgraduate students can go for an exchange from the 2nd semester, in case they do not have more than one failed course.

Students wishing to attend the universities with triple accreditations (EQUIS, AMBA, and AACSB accreditations) must have an average grade of 7 or above.

Students are required to pay regular academic fees to ISM University during their studies abroad. However, they are not required to pay any additional fees related to the costs of organizing or administering Erasmus studies.

The selection is carried out twice a year:

For the autumn semester studies – in the second week of February.
For the spring semester studies – in the second week of September.

The competitive score consists of:

Overall grade point average
Extra points for mentoring

Program benefits

Exceptional intercultural experience

Passed exams are credited and included in the diploma

Great opportunity to get acquainted with new ways of learning

Possibility to stay in other European country for half a year

Testimonials

„Mūsų grupėje veiklos yra visiems – ieškome ne tik inžinerinių studijų absolventų, bet didelį dėmesį skiriame ir projektų valdymo, finansų ar komunikacijos studijas pasirinkusiems jaunuoliams. Iniciatyvumas, kritinis mąstymas ir gebėjimas prisitaikyti greitai kintančioje aplinkoje – šios savybės mūsų organizacijoje yra būtinos, manau, tokias ir įgyja visi ISM studijuojantys žmonės.“

Vaidotas Misevičius

„Lietuvos geležinkelių“ Talentų valdymo skyriaus vadovas, ISM alumnas

„ISM studentai ir absolventai turi savo ypatybių ir išskirtinumų: jie drąsūs, pasitikintys, aktyvūs, atviri ir įvairiapusiški. Pasižymi erudicija ir žingeidumu. Jei ieškote darbuotojų, iš kurių tikitės ne tik elementaraus užduočių vykdymo, bet kūrybiškumo ir kompleksinio problemų sprendimo, nebijote inovacijų ir netradicinio požiūrio – jums turėtų būti pakeliui su ISM studentais ir absolventais.“

Rita Karavaitienė

"CV-Online" Head of Marketing

„Moody’s“ organizacijoje tikime, kad kultūra, kurioje vyrauja dalijimasis žiniomis ir patirtimis, padeda i mums siekti savo tikslo – padėti žmonėms priimti geresnius sprendimus. Mes didžiuojamės, kad esame įvairialypė komanda ir investavimą į bendruomenes, kuriose dirbame, laikome svarbiu prioritetu. Čia įdedame daug pastangų. Ir tikrai ne vien genami ambicijų pritraukti ir išlaikyti geriausius talentus ateityje. Bendradarbiaudami su ISM esame pasiryžę padėti jauniems lyderiams atskleisti visą savo potencialą.“

Mariano Andrade Gonzalez

Head of "Moody's" branch in Lithuania

Frequently asked questions

Will I receive a scholarship and how is it calculated?

The number and amount of scholarships are calculated every academic year taking into account the amount of funds allocated by the European Commission and state budget of the Republic of Lithuania for that year, but usually all our students receive the scholarships.

The amount of the scholarships are based on the country you are going to. It is up to 674 EUR/month based on the country. The university pays the scholarships in two parts: 80% before your departure and 20% after you return and complete all the paperwork.

If I do not receive a scholarship, can I cancel my exchange?

Yes, you can cancel your exchange any time, but you have to notify the International Studies office as soon as possible.

I want to go with my friend to the same university. Can we do that?

Firstly, you both have to participate in the competition. Secondly, it depends to which university you prefer to go. There are such universities where we have only one or two places available for our students. So all depends on the competition results. If you want to go together, we would recommend choosing less popular destination, then the probability to go together to the chosen university gets bigger.

Can I go on an exchange wherever I want?

The list of ISM University of Management and Economics partners is compiled on the basis of compatibility of study content and on the basis of student exchange balance. Therefore, it is possible to go only to those universities with which the subjects are coordinated and an inter-institutional Erasmus + exchange agreement has been signed.

Will it be necessary to take ISM subject exams when returning after the exchange semester?

Certainly not, the exchange semester is a continuing education, assessments received during the exchange semester will be credited and included in the Diploma Supplement.

Why should I go on exchange if everything at ISM satisfies me?

ISM University selects only the best universities in the world by concluding partnership agreements with a foreign university. During the exchange you go not only to deepen your academic knowledge, but also to get to know yourself, other cultures, to live in another country and to gain international experience.