ISM University of Management and Economics is the first management education institute in Lithuania that is privately owned. Norwegian School of Management and The Norwegian Industrial and Regional Development fund are the founders of this institution and the predecessor is Business Training Center or BMC. BMC is the consulting and training department at ISM.
ISM University of Management and Economics of Lithuania offers various market research, management training programs, executive courses, personnel evaluation. While the undergraduate program includes management and business administration and economics, the graduation program is comprised of international management and pop culture business management programs.
ISM is located in Kaunas as well as in Vilnius. The building of ISM in Vilnius is a prehistoric one while the other one in Kaunas is a modern building. The aim of this university is to contribute to the progress of the business community of Lithuania.

