» Bachelor of Finance Bang College of Business

The purpose of the Bachelor in Finance (BFIN) program is to equip students with knowledge and skills required to work in the fields of corporate finance, investments and risk management. Upon graduation students will demonstrate a strong theoretical and practical knowledge of how the financial markets and financial institutions operate, have understanding of different financial instruments and risk management techniques. They will be able to manage the financial flows of the business and know how to make investment decisions.

At successful completion of the Bachelor in Finance program, graduates will be able to:

demonstrate a proficiency in a second foreign language for efficient verbal and written business communication;
demonstrate and apply tools of mathematical and statistical analysis, and contemporary information technologies in solving managerial issues related to business processes and projects;
demonstrate and apply core business, management, and leadership principles and skills (in the field of management, marketing, operations management and business law), and integrate theory to practice aiming to solve managerial problems;
demonstrate and apply contemporary data collection methods related to business transactions and preparation of financial reports, as well as financial analysis and rational allocation of company’s resources;
detect and correct present and potential issues related to ethics, responsibility and sustainability in the field of finance;
analyze the current business and investment environment, and effect of changes on exchange rates, interest rates, inflation, in making investment and portfolio management decisions;
apply analytical and quantitative skills in planning capital investments, making and evaluating investment decisions, managing an investment portfolio, determining the optimal level of capital structure and assessing financial risks;
apply analytical skills of financial statements analysis taking into account economic characteristics of various industries;
determine the company’s financial policy, complying with the requirements of the regulators, the principles of interaction between the constituent industries of the financial market (insurance, banking, securities, real estate and financial planning).

To earn the Bachelor of Finance degree, students must complete 146 KIMEP credits or 240 ECTS.

The following table illustrates the structure of the BFIN Program.

Category of courses	KIMEP credits	ECTS credits
General Education	36	56
Program Foundation	68	112
Program Specialization	36	60
Final Attestation	6	12
TOTAL	146	240

Program Foundation Courses (112 ECTS/68 KIMEP credits):

(1)Program foundation required courses (92 ECTS credits / 56 KIMEP)

(2)Program foundation elective courses (20 ECTS credits/12 KIMEP)

Program Foundation Courses			ECTS	KIMEP credits		Prerequisite
Program Foundation Required Courses			92	56
BUS4251.1		Internship Program I	2	1		30 KIMEP credits completed
FIN4251.2 FIN4241.2		Internship Program in Finance II/ Cases in Finance (substitute)	2	2		60 KIMEP credits and BUS4251.1
ENG/GEN1100		Academic Speaking	5	3		ENG 1110/ GEN1010
ENG/GEN1121		Academic Reading and Writing 2	5	3		ENG 1120
KAZ2103 or RUS2103		Professional Kazakh (Russian)	3	2
FIN2105		Business Microeconomics	5	3		ENG1120
FIN2106		Business Macroeconomics	5	3		FIN2105
MGT3001		Principles of Management	5	3		ENG1120
ACC2102		Financial Accounting I	5	3		FIN2105
FIN3121		Financial Management	5	3		ACC2102, FIN2105
IFS2203		Management Information Systems	5	3		GEN/OPM1300/ 2301
MKT3130		Principles of Marketing	5	3		ENG1120
OPM3131		Introduction to Operations Management	5	3		GEN2402
GEN2402		Business Statistical Analysis	5	3		MATH1202/ GEN1201
ACC2201		Management Accounting I	5	3		ACC 2102, FIN2105
FIN3210		Corporate Finance	5	3		FIN3121, ACC 2102, FIN2105
LAW2202		Business Law	5	3
MGT4201		Strategy and Business Policy	5	3		MGT3001, MKT3130, FIN3121, ACC2201
OPM3011		Quantitative Methods for Business Data Analysis	5	3		GEN2402
GEN1201		Mathematics for Business and Economics	5	3		None
Program Foundation Elective Courses			20		12
XXXX	Elective 1		5		3
XXXX	Elective 2		5		3
XXXX	Elective 3		5		3
XXXX	Elective 4		5		3
TOTAL			112		68

Program Specialization Courses (36 KIMEP/ 60 ECTS credits):

Required Specialization Courses (27 KIMEP credits/ 45 ECTS) and
Elective Specialization Courses (9 credits/ 15 ECTS)

Program Specialization Courses			ECTS		KIMEP credits			Prerequisite
Program Specialization Required Courses			45		27
BUS3334	Ethics, Responsibility and Sustainability in Business		5		3			MGT3001, MKT3130, FIN3121, ACC2201
FIN3211	Advanced Corporate Finance		5		3			FIN3210, FIN3121
FIN3230	Risk Management and FinTech		5		3			FIN3210, FIN3121
FIN3220	Investments		5		3			FIN3210, FIN3121
FIN4211	Financial Modelling		5		3			FIN3220
FIN4224	Financial Derivatives		5		3			FIN3210, FIN3121
FIN4235	International Finance and Cryptocurrencies		5		3			FIN3210, FIN3121
FIN4214/	Financial Statement Analysis		5		3			FIN3210, FIN3121
FIN4251.3	Internship Program III		5		3			FIN4251.1, FIN4241.2
Program Specialization Elective Courses			15		9
FIN4250	Personal and Entrepreneurial Finance		5		3			FIN3210, FIN3121
FIN4212	Mergers and Acquisitions		5		3			FIN3210
FIN4220	Real Estate Finance		5		3			FIN3210, FIN3121
FIN4221	Investment Banking		5		3			FIN3210
FIN4225	Fixed-Income Securities		5		3			FIN3220
FIN4231	Commercial Bank Management		5		3			FIN3210, FIN3121
FIN4240	Security Analysis and Portfolio Management		5		3			FIN3220
FIN4241	Case Studies in Finance		5		3			FIN3210, FIN3220, FIN3230
FIN4242	Selected Topics in Finance		5		3			FIN3210, FIN3220, FIN3230
FIN4246	Insurance		5		3			FIN3210, FIN3121
FIN4201	Foundation of FinTech		5		3			FIN3210, FIN3220, FIN3230
FIN4202	Behavioral Finance		5		3			FIN3210, FIN3220, FIN3230
FIN4203	Applications in Entrepreneurial FinTech		5		3			FIN3210, FIN3220, FIN3230
FIN4204	Best Practices in Islamic Finance		5		3			FIN3210, FIN3220, FIN3230
FIN4205	Introduction to Blockchain and Cryptocurrency		5		3			FIN3210, FIN3220, FIN3230
FIN4206	Corporate Governance and Sustainability		5		3			FIN3200
FIN4247		Financial Regulation and Supervision		5		3	FIN3210, FIN3121
FIN4248		Islamic Banking and Finance		5		3	FIN3210, FIN3121
OPM3215		Business Time Series Forecasting		5		3	GEN2402
BUS4800		Cases in Contemporary Business		5		3	MGT3001, MKT3130, FIN3121, ACC2201
FIN4232		Financial Risk Management and Decision Making		5		3	FIN3210, FIN3121, FIN 3230
CIT3805		Big Data Analytics		5		3	OPM3011
TOTAL				60		36

Final Attestation (6 KIMEP credits/12 ECTS):

Final Attestation Courses		ECTS	KIMEP credits	Prerequisite
BUS4271	Thesis I/ Thesis Project I: Research Methods in Business Studies	6	3	102 credits and GEN2402
FIN4272	Thesis II/ Thesis Project II	6	3	128 credits and BUS4271
TOTAL		12	6

BFIN students have the opportunity to choose among MAJORS:

(1) Corporate Finance and Investment Management

(2) Financial Institutions and Risk Management

Corporate Finance and Investment (36 KIMEP credits / 60 ECTS)

To gain Major in Corporate Finance and Investments students are required to complete the following courses:

Course Code	Course Title	ECTS	KIMEP credits
All 9 Program Required Specialization Courses		45	27
FIN4225	Fixed-Income Securities	5	3
Any one course from:
FIN4212 FIN4221	Mergers and Acquisitions Investment Banking	5	3
FINxxxx	Any 1 course from Program Elective Specialization courses	5	3
TOTAL		60	36

Financial Institutions and Risk Management (36 KIMEP credits / 60 ECTS)

For majoring in Financial Institutions and Risk Management, students are required to complete
the following courses:

Course Code	Course Title	ECTS	KIMEP credits
All 9 Program Required Specialization Courses		45	27
FIN4232	Financial Risk Management and Decision making	5	3
Any one course from:
FIN4231 FIN4248 FIN4246 FIN4204	Commercial Bank Management Islamic banking and Finance Insurance Best Practices in Islamic Finance	5	3
FINXXX	Any 1 course from Program Elective Specialization Courses	5	3
TOTAL		60	36

MINORS FOR STUDENTS OF THE BANG COLLEGE OF BUSINESS

Students are free to choose among different minors. They can also graduate without taking any minor. Graduating
without a minor provides more flexibility in selecting elective courses because major requires students to take
a particular set of courses.

To gain a minor the BCB students shall take particular courses for a total of 9 KIMEP credits/15 ECTS. A
particular course cannot be counted towards both a specialization and a minor.

Table below lists the requirements for MINORS for the BCB students.

Minor Area	Code	Course Title			KIMEP credits		ECTS	Prerequisite
Accounting (any 3courses)	ACC3101	Financial Accounting II			3		5	ACC2102
	ACC3201	Intermediate Financial Accounting I			3		5	ACC3101
	ACC3202	Intermediate Financial Accounting II			3		5	ACC3201
	ACC3212	Accounting Information Systems			3		5	ACC3101
	ACC3110	Management Accounting II			3		5	ACC2201
Finance		FIN3210		Corporate Finance		3	5		FIN3121, ACC2102, FIN2105
		FIN3220		Investments		3	5		FIN3121
									FIN3101
		FIN3230		Financial Institutions Management		3	5		FIN3121
									FIN3101
Information Systems in Business (any 3 courses)		IFS3202		Database Management Systems in Business		3	5		GEN/OPM 1300 or GEN/OPM2301
		CIT1303		Information Systems and Networking		3	5		GEN/OPM 1300 or GEN/OPM2301
		IFS3745		Information Security Management		3	5		GEN/OPM 1300 or GEN/OPM2301
		IFS4204		Decision Support System		3	5		GEN/OPM 1300 or GEN/OPM2301
Computer Applications		CIT2731		Digital Graphics in Business		3	5		GEN/OPM 1300 or GEN/OPM2301
		IFS4204		Decision Support System		3	5		GEN/OPM 1300 or GEN/OPM2301
		CIT3734		Web Technologies inBusiness		3	5		GEN/OPM 1300 or GEN/OPM2301
Management (any 3 courses)		MGT3206		Leadership and Motivation		3	5		MGT3001
		MGT3208		Innovation Management		3	5		MGT3001
		MGT3210		International Business		3	5		MGT3001
		MGT3212		Organizational Behavior		3	5		MGT3001
Leadership		LDP3201		Leadership: Principles and Best Practices		3	5		MGT3001
		LDP4201		Leadership: Making Principles Work		3	5		MGT3001
		LDP4202		Leadership in Action		3	5		LDP 3201 LDP4201
Human Resources Management		MGT3204		Human Resource Management		3	5		MGT3001
		MGT4208		Training and Development		3	5		MGT3204
		MGT4210	Compensation and Performance Management			3	5		MGT3204
Entrepreneurship		MGT3211	Principles of Entrepreneurship			3	5		MGT3001
		MGT3218	Business Model Innovation			3	5		MGT3211
		MGT3217	Building and Accelerating the Venture			3	5		MGT3211
Marketing (MKT 3150 and any 2 other courses)		MKT3150	Strategic Marketing			3	5		MKT3130
		MKT3201	Consumer Behavior			3	5		MKT3150
		MKT3202	Marketing Communications			3	5		MKT3130
		MKT3214	Brand Management			3	5		MKT3150
		MKT4203	Marketing Research			3	5		MKT3150
Tourism and Hospitality Management (MKT3221 and any 2courses)		MKT3221	Tourism Practices and Principles			3	5		None
		MGT3215	Hospitality Management			3	5		None
		MKT3222	Cross-Cultural Tourism Marketing			3	5		MKT3130
		MKT3223	Niche Tourism			3	5		None
		MGT3216	Leisure and Recreational Management			3	5		None
Big Data Management and Analysis (IFS4203 and any 2 courses)		IFS3202	Database Management Systems			3	5		GEN/OPM1300 or GEN/OPM2301
		IFS4203	Big Data Management and Analysis			3	5		GEN/OPM1300 or GEN/OPM2301
		IFS4204	Decision Support Systems			3	5		GEN/OPM1300 or GEN/OPM2301
		IFS4302	Business Intelligence Applications			3	5		GEN/OPM1300 or GEN/OPM2301; MKT 3130
		CIT3908	Cybersecurity			3	5		GEN/OPM1300 or GEN/OPM2301
		CIT3816	Mobile Technologies and Applications			3	5		GEN/OPM1300 or GEN/OPM2301
Logistics and Supply Chain Management (OPM 3205 and any 2 courses)		OPM3205	Logistics and Supply Chain Management			3	5		OPM3131
		OPM4201	Purchasing and Material Management			3	5		OPM3205
		OPM4501	Transportation Carrier Management			3	5		OPM3131

MERIT CERTIFICATES

In order to be eligible for the merit certificates under each Bachelor program, a student must:

Take a set of three courses, offered by the BCB undergraduate programs, in a respective
Meet exit criteria of a minimum overall GPA 00 in all courses required for a respective certificate.
All pre-requisites must be met (waive of pre-requisites, concurrent registration, CSS courses as
equivalence of BCB courses are NOT allowed).

MERIT CERTIFICATE IN AUDITING (9 KIMEP CREDITS / 15 ECTS)

Required courses:
ACC4203	Auditing
ACC4209	Fraud Examination
ACC4216	Professional Auditing

MERIT CERTIFICATE IN TAXATION (9 KIMEP CREDITS / 15 ECTS

Required courses:
ACC3205	Principles of Taxation
ACC3210	Taxation in Kazakhstan
ACC4240	Taxation of Multinational Enterprises

MERIT CERTIFICATE IN CORPORATE FINANCE AND INVESTMENT MANAGEMENT (9
KIMEP CREDITS / 15ECTS)

Required courses:
FIN4224	International Financial Management
FIN4212	Mergers and Acquisitions
FIN4221	Investment Banking

MERIT CERTIFICATE IN FINANCIAL INSTITUTIONS AND RISK
MANAGEMENT (9 KIMEP CREDITS / 15 ECTS)

Required courses:
FIN3230	Financial Institutions Management
FIN4224	Financial Derivatives
FIN4232	Financial Risk Management and Decision making

MERIT CERTIFICATE IN MARKETING
COMMUNICATIONS AND BRANDING (9 KIMEP CREDITS / 15 ECTS)

Required courses:
MKT3202	Marketing Communications
MKT3201	Consumer Behavior
MKT3214	Brand Management

MERIT CERTIFICATE IN TOURISM AND HOSPITALITY MANAGEMENT
(9 KIMEP CREDITS / 15 ECTS)

Required courses:
MKT3221	Tourism Practices and Principles
MGT3215	Hospitality Management
MKT3222	Cross-Cultural Tourism Marketing/ MKT3223 Niche Tourism /MGT3216 Leisure and Recreational Management

MERIT CERTIFICATES IN ENTREPRENEURSHIP (9 KIMEP CREDITS / 15 ECTS)

Required courses:
MGT3211	Principles of Entrepreneurship
MGT321 8	Business Model Innovation
MGT321 7	Building and Accelerating the Venture

MERIT CERTIFICATE IN BIG DATA MANAGEMENT (9 KIMEP CREDITS / 15 ECTS)

Required courses (any 3 courses):
IFS3202	Database Management Systems
CIT3805	Big Data Analytics
IFS4204	Decision Support Systems
IFS4302	Business Intelligence Applications
CIT3908	Cybersecurity
CIT3816	Mobile Technologies and Applications

MERIT CERTIFICATE in LOGISTICS (9 KIMEP
CREDITS / 15 ECTS)

Required courses:
OPM3205	Logistics and Supply Chain Management
OPM4201	Purchasing and Material Management
OPM4501	Transportation Carrier Management

CERTIFICATE IN LEADERSHIP

The purpose of the Leadership Development Program is to help KIMEP students develop the necessary skills to
assume key positions in Kazakhstani business and government. It focuses on the practical application of
leadership skills, ending in a supervised internship. Those students who fulfill all Program requirements listed
below receive a Certificate in Leadership.

CERTIFICATE IN LEADERSHIP (9
KIMEP CREDITS / 15 ECTS)

Required courses:
LDP3201	Leadership: Principles and Best Practices
LDP4201	Leadership: Making Principles Work
LDP4202	Leadership in Action

FIN2105 Business Microeconomics (3 Credits; 5 ECTS)

Prerequisites: None

This is an introduction to microeconomic concepts and techniques (mathematical and statistical) that are useful
for business decision-making. The course begins by examining markets -the interaction of demand and supply. It
examines the determinants of demand, and the cost structures that underlie supply. It also looks at the dynamic
process of price adjustment. Next, various models of profit maximization are developed, under different
competitive assumptions. Finally, the course looks at strategic problems. While there is no prerequisite for
this course, the course moves quickly and develops an intermediate level of microeconomic theory.

FIN2106 Business Macroeconomics (3 Credits; 5 ECTS)

Prerequisites: None

This is an introduction to macroeconomic concepts and techniques (mathematical and statistical) that are useful
for business decision-making. The course begins by developing Keynesian models of income determination and
multiplier effects. It moves quickly to the interaction of real and financial markets, and the process of income
determination and money creation. Emphasis is placed on predicting the impacts of fiscal and monetary policy.
Students will develop a computer simulation, and use the computer model to analyze policy variables. Finally,
the course introduces models of the open economy, and provides basic techniques for determination of spot and
forward exchange rates.

FIN3101 Financial Institutions and Markets (3 Credits; 5 ECTS)

Prerequisites: FIN2106 Business Macroeconomics

The course introduces topics such as the functions, organization, structure and regulation of financial
institutions and markets. Students also study the role and operations of financial markets and institutions in
the economy, supply and demand for funds, interest rate determination, monetary and fiscal policy, and flow of
funds analysis. In addition, the course analyzes basics of financial policies and operations of commercial banks
and other financial institutions as well as an overview of the globalization of financial markets and
institutions.

FIN3121 Principles of Finance (3 Credits; 5 ECTS)

Prerequisites: ACC2102 Financial Accounting I

This is an introductory course to the field of finance with a broad scope and emphasis on general principles.
The objective of the course is to introduce basic tools and techniques essential in understanding major theories
of Finance and making financial decisions. Students will learn basics of financial system, time value of money
and discounting, financial performance analysis, basics of capital budgeting, basics of stock and bond
valuation, and introduction to corporate finance.

FIN3200 Ethics in Finance (3 Credits ; 5 ECTS)

Prerequisites: FIN3121 Principles of Finance, FIN3101 Financial Institutions and Markets

This 2-credit course will examine issues in ethics that arise from a financial context. We will begin with
ethical theories such as Kantianism, Utilitarianism, Virtue Ethics, Care Ethics, and Contract theory. We will
then explore contemporary issues involving Corporate Governance, Corporate Social Responsibility, Corporate
Sustainability, Socially Responsible Investing and share holder activism, and Stakeholder Theory. The course
will examine in detail major cases of financial fraud, e.g. Mad off, Enron, BTA Bank. Finally, students will
prepare and present a business case in Kazakhstan dealing with financial ethics. Course materials will consist
of articles, research articles, business cases and notes, and The Code of Ethics and Standards of Professional
Conduct of the CFA Institute.

FIN3210 Corporate Finance (3 Credits; 5 ECTS)

Prerequisites: FIN3101 Financial Institutions and Markets, FIN3121 Principles of
Finance

This is an intermediate business financial management course, combining theory and applications. The course
focuses on detailed look at capital budgeting methods including Net Present Value and Internal Rate of Return,
capital budgeting under uncertainty, risk and return analysis, financial planning and forecasting, dividend
policy, capital structure policy, working capital policy, and interactions of investment and financing
decisions.

FIN3220 Investments (3 Credits; 5 ECTS)

Prerequisites: FIN3101 Financial Institutions and Markets, FIN3121 Principles of
Finance

This course introduces the foundations of portfolio theory, asset pricing, trading and valuing securities as
well as provides frameworks for investment analysis of various financial instruments. The course begins with an
introduction of the modern portfolio theory and then turns to asset valuation based on the capital asset pricing
model and arbitrage pricing theory. The two subsequent areas of study are valuation and analysis of fixed income
instruments and stocks. Overall, this course represents the minimal financial theory and necessary practical
tools with which an undergraduate student majoring in finance should be able to make meaningful investment
decisions and be prepared for advanced courses in investment management.

FIN3230 Financial Institutions Management (3 Credits; 5 ECTS)

Prerequisites: FIN3101 Financial Institutions and Markets, FIN3121 Principles of
Finance

The course provides an analysis of the role of private financial intermediaries in providing financial services
to the public with a focus on the latest techniques of asset/liability and risk management in modern day
financial institutions. Other topics include the impact of recent regulations and the breakdown of geographic
barriers worldwide on the risks and opportunities to financial institutions. The impact of ethical,
technological and diversity issues affecting managerial decision making in financial intermediation is also
discussed.

FIN4211 Financial Modeling (3 Credits; 5 ECTS)

Prerequisites: FIN3220 Investments

This course will involve using spreadsheets to model financial transactions, perform valuations, and solve
complex financial problems from all areas of finance (equity, debt, and their derivatives). It will also involve
the use of financial functions and formulas, macros, and new programming in various financial applications.
Intermediate knowledge of any electronic spreadsheet (Microsoft Excel, Lotus, etc.) is required.

FIN4212 Mergers and Acquisitions (3 Credits; 5 ECTS)

Prerequisites: FIN3210 Corporate Finance

The course provides the key financial sources and instruments used for mergers and acquisitions (M&A) deals;
how to select the most appropriate type of financing – debt, equity, or a combination of the two; financing via
debt, bonds, and leases, and ways to borrow or lend; tactics considered in contracts, including contingent
payments, earn-outs, and equity kickers; how to determine when refinancing is necessary; how volatile global
events can affect economic systems and M&A financing and refinancing; debt/equity hybrids and other
financing methods.

FIN4214 Introduction to Financial Statement Analysis (3 Credits; 5 ECTS)

Prerequisites: FIN3101 Financial Institutions and Markets, FIN3121 Principles of
Finance

The course objective is to teach students to accurately read and analyze financial statements of various
companies in a variety of industries. It examines the uses and misuses of financial statement data for a wide
range of financing decisions. The course analyzes various reporting options that affect income, assets, cash
flow forecasts, financial ratios, and trends; distinguishes between accounting rules and underlying economic
realities; and examines approaches that analysts can take when external reports do not reflect a firm’s
underlying economics. The course focuses on the pragmatic implications of corporate disclosures and
nondisclosures.

FIN4220 Real Estate Finance (3 Credits; 5 ECTS)

Prerequisites: FIN3101 Financial Institutions and Markets, FIN3121 Principles of
Finance

This course provides a broad introduction to real estate finance. Project evaluation, financing strategies, and
capital markets issues related to real estate are covered. Other topics include real estate law, government
regulations of real estate uses, development and marketing of commercial and residential real estate.

FIN4221 Investment Banking (3 Credits; 5 ECTS)

Prerequisites: FIN3210 Corporate Finance

The course provides a study of investment banking activities, including their regulatory, institutional and
market environments, with extensive reference to the global marketplace. Students will learn the analysis of the
main investment banking services with emphasis on the mechanics and economics of the issuance process. Analysis
of the market for new issues and appraisal of their spread and price performance will be provided. Consideration
of ethical, technological and diversity issues in investment banking operations will be made.

FIN4224 Introduction to Financial Derivatives (3 Credits; 5 ECTS)

Prerequisites: FIN3101 Financial Institutions and Markets, FIN3121 Principles of
Finance

This course offers an introduction to derivative markets. A derivative is an instrument whose value depends on
the values of other more basic underlying variables. This course focuses on financial derivatives. Emphasis is
placed on organization and role of put and call options markets, futures and forward markets, swaps markets, and
their interrelations. Major topics include arbitrage relations, valuation, hedging and speculating with
derivatives and implementation of derivatives trading strategies.

FIN4225 Fixed-Income Securities (3 Credits; 5 ECTS)

Prerequisites: FIN3220 Investments

The course provides in-depth coverage, analysis, and guidance on analysis and management of fixed-income
securities. Topics include types and features of fixed income securities; risks and risk control strategies;
mortgage- backed and asset-backed securities; bond market indexes; bonds with embedded options; floating rate
securities; municipal bonds; fixed-income portfolio management; treasury securities; inflation-indexed bonds;
and interest rate derivatives and their applications.

FIN4231 Commercial Bank Management (3 Credits; 5 ECTS)

Prerequisites: FIN3101 Financial Institutions and Markets, FIN3121 Principles of
Finance

The course aims on understanding the field of banking from the perspectives of both a bank customer as
well as a bank manager. Topics include introduction to the business of banking; asset-liability management
techniques and hedging against interest rate and credit risk; managing the bank’s investment portfolio and
liquidity position; managing bank sources of funds; providing loans to businesses and consumers; the bank’s
organizational structure and service options; and developing a channel for future growth and expansion.

FIN4232 Risk Management (3 Credits; 5 ECTS)

Prerequisites: FIN4224 Introduction to Financial Derivatives

The course provides comprehensive analyses and insights in risk management including: overview of risk
management -from the history of risk management to the new regulatory and trading environment; a look at past
and present risk management; risk management program designs; techniques to organize the risk management
function; develop a system to cover organizations exposures; and risk management implementation including the
use of the myriad systems to derive value at risk (VaR), stress-testing, and derivatives for measuring and
hedging risk in today’s marketplace.

FIN4235 International Financial Management (3 Credits; 5 ECTS)

Prerequisites: FIN3101 Financial Institutions and Markets, FIN3121 Principles of
Finance

This course covers principles and applications of managerial finance in an international context. Particular
emphasis is placed on financial management of multinational business. Major topics include analysis of
opportunities, risks and problems unique to businesses involved in multinational operations, international
financial environment, international sources and uses of funds, foreign exchange risk management, and managing
international assets, liabilities, and securities.

FIN4240 Security Analysis and Portfolio Management (3 Credits; 5 ECTS)

Prerequisites: FIN3220 Investments

This is an advanced investment course designed to expand knowledge acquired in the introductory investment
course. The course provides thorough analysis of security valuation techniques and systematic portfolio
management. The topics include the processes and principles of financial valuation, valuation models and
components, valuation of debt, equity and other securities, portfolio construction and analysis, strategic
management of various classes of assets, and portfolio applications and portfolio evaluation.

FIN4241 Case Studies in Finance (3 Credits; 5 ECTS)

Prerequisites: FIN3210 Corporate Finance, FIN3220 Investments, FIN3230 Financial Institutions
Management and 90 credits completed

The course offers various advanced case studies on practical problems in planning, procuring, and maintaining
optimum distribution and utilization of financial resources of business entities. Topics of case studies will
vary depending on the interests of students, and the course instructor.

FIN4242 Selected Topics in Finance (3 Credits; 5 ECTS)

Prerequisite: FIN3210 Corporate Finance, FIN3220 Investments, FIN3230 Financial Institutions
Management

The course examines particular issues and contemporary subject areas in Finance at an advanced level. Selection
of topics depends on students and instructors preferences.

FIN4246 Insurance (3 Credits; 5 ECTS)

Prerequisites: FIN3121 Principles of Finance, FIN3101 Financial Institutions and Markets

This course explores the principles of risk management and insurance. The course provides an understanding of
the foundations, applications and selection of insurance. Fundamentals of life and health insurance as well as
property and liability insurance will be included. Enterprise risk management for corporations, financial risk
management, overview of employee benefits, and strategic policies to mitigate risk will also be covered. The
student will also learn insurance relations, rules and regulation in Kazakhstan in this course.

FIN4247 Financial Regulations and Supervision (3 Credits; 5 ECTS)

Prerequisites: FIN3101 Financial Institutions and Markets, FIN3121 Principles of
Finance

Financial regulation and supervision course focuses on the public regulation of the financial markets and
financial intermediaries – topics of high relevance in today’s environment of ongoing transformation of the way
financial markets are regulated. The course aims to develop students’ understanding of theory and practice of
regulation and supervision of financial markets. After introducing the general principles of effective
regulation and supervision of financial markets and institutions, the course is broadly split into three main
parts focusing on the following key areas: Regulation of securities markets, Regulation and supervision of
financial institutions and financial regulation and supervision in Kazakhstan.

FIN4248 Islamic Banking and Finance (3 Credits; 5 ECTS)

Prerequisites: FIN3101 Financial Institutions and Markets, FIN3121 Principles of
Finance

The ongoing turbulence and crises in the modern financial system has drawn attention towards an alternative
system of financial intermediation, Islamic banking and finance. The objective of this course is to introduce
students to the alternative banking practices and financial market operations which are based on the Shari’ah
principles. Major topics include the fundamental Muslim beliefs, Shari’ah objectives, sources of Shari’ah rules
and role of Shari’ah boards in supervision of banking and financial market practices, difference between
conventional and Islamic banking, prohibition of riba and rationale of Islamic banking, key principles of
Islamic banking and investment, the basic Shari’ah rules for economic and financial transactions, conventional
and Islamic modes of financing: murabaha, mudaraba, musharaka, ijara, istisna’a and salam, the problems of moral
hazards and adverse selection in Islamic finance and conventional versus Islamic (Takaful) insurance.

FIN4250 Personal and Entrepreneurial Finance (3 Credits; 5 ECTS)

Prerequisites: FIN3101 Financial Institutions and Markets, FIN3121 Principles of
Finance

This course focuses on the analysis of the problems involved in efficient handling of personal finance. Also, an
opportunity to run a business is deeply explored during the course. Topics include: time value calculations,
budgeting, career planning, banking, insurance, home buying, consumer credits and money management, investment
planning, retirement planning, and estate planning. Besides that, the course focuses on efficient business
planning. The course is useful and interesting for those whose major specialization is finance as well as for
those who do not major in finance.

FIN4275 Thesis (2 Credits; 4 ECTS )

Prerequisites: completion of the General Education and Program courses

A thesis is a research work on a topic that is in the area of Finance. Students will be supervised by faculty
members in the process. Further details on thesis requirements are provided under the KIMEP University
regulations on this matter.

FIN4277 State Examination (1 Credit; 3 ECTS)

Prerequisites: completion of the General Education and Program courses

Students are required to take the state examination in Finance. Further details on this requirement are provided
under the KIMEP University regulations on this matter.

FIN4280/FIN4290 State Specialized Examinations (2 credits; 4 ECTS)

Prerequisites: completion of the General Education and Program courses

Students can take state specialized examinations under certain conditions. Further details on this requirement
are provided under the KIMEP University regulations on this matter.

FIN4251.2 Internship Program in Finance II (2 Credits; 2 ECTS)

Prerequisites:70 KIMEP credits and BUS4251.1 Internship Program I

Familiarization with the organizational structure of the internship host-organization, with the area of its
activities; learning mode of operation of the organization; learning the organizational documents of the
organization; acquiring the skills of collecting and processing of primary information in the field of finance;
carrying out a comparative analysis of the organization; identifying gaps and suggesting the ways to improve the
development of the organization.

FIN4241.2 Case Studies in Finance (substitute) (2 Credits; 2 ECTS)

Prerequisites: BUS4251.1 Internship Program I and 70 credits completed

FIN4251.3 Internship Program in Finance III (3 Credits; 5 ECTS)

Prerequisites: FIN4251.2 Internship Program in Finance II or FIN4241.2 Case Studies in Finance
(substitute)

The consolidation and intensification of theoretical knowledge and skills acquired by students through the
process of theoretical learning; the formation of professional competence; the familiarization with
real industrial, technological, and organizational processes going on at the place of internship; the mastering
of the profession’s basics in the operational sphere: the familiarization with and acquirement of the
methodology and technology of professional problem-solving; the collection of the necessary for the preparation
and compilation of the internship report materials. Bases of internship are organizations related to careers in
Finance.

Scholarship opportunities
There are many opportunities for merit-based scholarships for Kazakhstani and international students.
While studying at KIMEP University, students may also apply for part-time positions available on the University
campus.
Contact the Office of Financial
Aid, if you would like to apply for scholarship.

Information about grants and
financial support

Tuition & Fees

Nejat Çapar, Ph.D.

Dean
Associate Professor of Management

Educational Background and Bio:

Nejat Çapar received his Ph.D. in Strategic Management from the Florida State University and MBA from Temple University. He has previously taught at the Florida State University, American University of Sharjah, and Bilkent University among others and has been a guest lecturer at various universities. His work has been published in the Journal of International Business Studies, Academy of Management Proceedings, and Journal of Business Ethics among others. He served as an Editorial Board Member for the Journal of International Management during 2010-2018, and as an ad-hoc reviewer for various other academic journals. He has been active in reviewing and presenting papers at the Academy of Management and Academy of International Business Conferences. His research interests include international diversification and performance relationships, the interrelationships between diversification, firm resources and performance, as well as cross-cultural differences in management.

Yuliya Frolova, DBA

Associate Dean for Undergraduate Programs
Associate Professor of Management

Name	Yuliya Frolova
Position	Associate Professor of Management
Email address	frolova@kimep.kz
Education background	DBA KIMEP University MBA KIMEP University BSC KIMEP University
Overview	Dr. Yuliya Frolova is Associate Professor at the Bang College of Business, KIMEP University, Almaty city, Republic of Kazakhstan. In the academic year 2017-2018, she was an Associate Dean for Undergraduate Programs at the Bang College of Business. Previously she was a Chair of Management and Marketing Department for 1.5 years. Dr. Yuliya Frolova also serves as IMA (Institute of Management Accountants, USA) Campus Advocate for KIMEP University. Campus Advocates are committed to understanding and conveying the benefits of IMA membership to students majoring in accounting, finance, and information technology to prepare them for successful careers in the field of managerial finance and accounting. In Fall 2013, Dr. Yuliya Frolova taught management and accounting as a Visiting Assistant Professor at Monfort College of Business, University of Northern Colorado, Greeley city, USA. Dr. Yuliya Frolova holds DBA degree with major in management and minors in accounting and business law; MBA degree with majors in accounting and finance; and BSC degree in Business Administration with major in accounting. She also has professional qualifications in accounting for her knowledge of international accounting theory and practice and her relevant work experience in this field: Certified Management Accountant (CMA), USA; Professional Accountant, Russia; and Certified Accounting Practitioner (CAP), Kazakhstan. Dr. Yuliya Frolova has been judged by KIMEP University to be academically qualified in management and professionally qualified in accounting under the AACSB (the Association to Advance Collegiate Schools of Business) guidelines. She teaches a variety of courses in management and accounting at undergraduate and graduate levels. Her mission is to constantly obtain new knowledge and to share it through teaching and research.
Research Interests	Professor Frolova’s primary research interest focuses on studying the influence of personality on various work-related outcomes.
Publications	· Davis, P., Frolova, Y., and Callahan, W. (2017). Toward an Understanding of the Failure of Talent Identification Initiatives in the African Public Sector. Journal of Management Policy and Practice (ISSN:1913-8067) , 18(1): 102-113. · Davis, P., Frolova, Y., and Callahan, W. (2016). Retaining leadership talent in the African public sector: An assessment of the HR challenge. Journal of Leadership, Accountability and Ethics (ISSN: 1913-8059) , 13(3): 67-78. · Davis, P., Frolova, Y., and Callahan, W. (2016). Perceptions, Antecedents and Consequents of Employee Engagement Initiatives in Australian Organizations. American Journal of Management (ISSN: 2165-7998), 16(1): 42-53. · Frolova, Y. and Mahmood, M. (2016). Employee Duty Orientation in Kazakhstan: A Multi-Level Analysis. Presentation made at the KIMEP International Research Conference (KIRC-2016), Almaty, Kazakhstan, April 8-9, 2016. · Davis, P., Frolova, Y., and Callahan, W. (2016). Workplace Diversity Management in Australia: What do Managers Think and What are Organisations Doing? Equality, Diversity and Inclusion: An International Journal, 35(2): 81-98 . (Publisher: Emerald; listed in SSCI, Scopus) · Dixon, J. and Frolova, Y. (2015). Accounting Disclosures on Fair Value Valuations: The Material Misstatement Threats Facing Board of Directors in Kazakhstan. AFBE Journal, 8(2): 90-107. (ISSN: 2071-7873. Listed in CABELLS Directory.) · Frolova, Y. (2015). An Exploratory Comparison of Personal Values of Young People in Kazakhstan and the USA. Bulletin of Turan University, 2(66): 272 – 277 (In 2015, the Journal is in the list of scientific publications recommended by the Ministry of Education and Science of the Republic of Kazakhstan. ISBN 1562-2959). · Frolova, Y. (2015). What Job Will Bring Satisfaction for Young People in Developed Economy with Individualistic Culture and in Developing Economy with Collectivistic Culture? An Exploratory Comparative Analysis. Proceedings from XII KIMEP International Research Conference (KIRC-2015), Almaty, Kazakhstan, April 3-4, 2015: 148-163. · Frolova, Y. (2014). What Job Will Bring Satisfaction? An Analysis Based on Responses of Students Studying Business in Kazakhstan. Eurasian Journal of Business and Management, 2(2): 25-49 . DOI: 10.15604/ejbm.2014.02.02.00x (Listed in CABELLS Directory.) · Frolova, Y. (2014). Work-Related Ethical Perceptions and Choices of Students Studying Business in Kazakhstan and in the USA: An Exploratory Comparative Analysis. Bulletin of Turan University, 3(63): 219 – 224. (In 2014, the Journal is in the list of scientific publications recommended by the Ministry of Education and Science of the Republic of Kazakhstan. ISBN 1562-2959). · Soltwisch, B., Iyer, V., and Frolova, Y. (2014). The Influence of Emotional Intelligence on the Adjustment and Performance of Exchange Students. 2 ^nd International Interdisciplinary Business-Economics Advancement Conference , Istanbul, Turkey, July 16-19, 2014. · Frolova, Y. (2014). An Exploratory Comparison of Attitude-Based Leadership Styles of Young People in the United States of America and in Kazakhstan. AFBE Journal, 7(1): 62-77. (ISSN: 2071-7873. Listed in CABELLS Directory.) · Frolova, Y. (2014). Student Contributions to the Teaching of Ethics in Business Classes. In K. Nantz (Ed.), Business Education in Central Asia: Best Practices in Integrative Study and Teaching (pp. 43 – 52). North Charleston, South Carolina: U.S. Central Asia Education Foundation. · Frolova, Y. (2014). The Instructional Value of Case Studies Written for Students in Central Asian Universities. In K. Nantz (Ed.), Business Education in Central Asia: Best Practices in Integrative Study and Teaching (pp. 121 – 130). North Charleston, South Carolina: U.S. Central Asia Education Foundation. · Frolova, Y. (2014). The Benefits of Student Participation in the Grading of Group Presentations. In K. Nantz (Ed.), Business Education in Central Asia: Best Practices in Integrative Study and Teaching (pp. 187 – 194). North Charleston, South Carolina: U.S. Central Asia Education Foundation. · Frolova, Y. (2014). The Importance of Seeking Student Input To Improve Teaching Methods. In K. Nantz (Ed.), Business Education in Central Asia: Best Practices in Integrative Study and Teaching (pp. 195 – 206). North Charleston, South Carolina: U.S. Central Asia Education Foundation. · Frolova, Y. and Soltwisch, B. (2013). An Exploratory Study on Measuring the Level of Emotional Intelligence of Young People Studying Business in USA. Proceedings from the 1st Human and Social Sciences at the Common Conference (HASSACC-2013), Slovak Republic, November 18-22: 113-118. · Dixon, J. and Frolova, Y. (2013). The Reliable Relevance of Bank Financial Statements in Kazakhstan: The Fair Value Challenge for Auditors. AFBE Journal, 6(2): 122-139. (ISSN: 2071-7873. Listed in CABELLS Directory.) · Frolova, Y. (2013). An Exploratory Study of Prevailing Leadership Styles of Kazakhstan Students Majoring in Management and Students Majoring in Accounting. KAFU (Kazakh-American Free University) Academic Journal, 1, 66 – 70. · Frolova, Y. and Dixon, J. (2013). Evidence of Psychological Traps Presence in Financial Reporting. Journal of Economy, Business and Financing, 1/2013, 1-7. (ISSN: 1339-3723. Publisher: Thomson Ltd., Zilina, Slovakia.) · Dixon, J. and Frolova, Y. (2013). Accounting for Good Governance: The Fair Value Challenge. Corporate Governance, 13(3), 199-219. (ISSN: 1472-0701. Publisher: Emerald; listed in SSCI, SCOPUS ) · Dixon, J. and Frolova, Y. (2013). The Hierarchical Civil Servant, Administrative Theory & Praxis, 35(2), 199-219. (ISSN: 1084-1806. Publisher: M.E. Sharper, Armonk NY, USA.) · Frolova, Y. (2013). An Insight into Attitude-Based Leadership Styles of Young People in Kazakhstan: A BSC Perspective. AFBE Journal, 6(1): 74-87. (ISSN: 2071-7873. Listed in CABELLS Directory.) · Frolova, Y. (2013). An Inquiry of Personal Values of Business Students in Kazakhstan. Asian Journal of Business and Management Sciences, 2(12): 13-30. (ISSN: 2047-2528. Listed in CABELLS Directory and GALE CENGAGE Learning.) · Erdener, C. and Frolova, Y. (2013). Managerial Ethics Research: Issues for Accounting in Kazakhstan. International Academy of Business and Economics (IABE) Conference, Bangkok, Thailand, June 15-17, 2013. · Frolova, Y. and Dixon, J. (2013). Kazakhstani Business Student Work-Related Ethical Perceptions and Choices: An Exploratory Analysis. Proceedings from X KIMEP International Research Conference (KIRC-2013), Almaty, Kazakhstan, April 4-6, 2013. · Frolova, Y. and Dixon, J. (2012). Positive Organizational Behavior: Its Relevance and Transferability to Kazakhstan. KAFU (Kazakh-American Free University) Academic Journal, 3, 188 – 191. (In 2012, the Journal was in the list of scientific publications recommended by the Ministry of Education and Science of the Republic of Kazakhstan.) · Frolova, Y. and Dixon, J. (2012). Positive Organizational Behavior: It’s Application to Kazakhstan. KAFU (Kazakh-American Free University) Academic Journal, 3, 198 – 201. (In 2012, the Journal was in the list of scientific publications recommended by the Ministry of Education and Science of the Republic of Kazakhstan.) · Frolova, Y. and Dixon, J. (2012). An Exploratory Analysis of Business Student Perception of Ethics: A B.Sc. Perspective. Bulletin of UIB (University of International Business), 4(26): 120 – 122. (In 2012, the Journal was in the list of scientific publications recommended by the Ministry of Education and Science of the Republic of Kazakhstan.) · Frolova, Y. and Dixon, J. (2012). An Epistemological Challenge of Psychological Traps Presence in Financial Reporting. Proceedings from the 1st Virtual International Conference on Advanced Research in Scientific Areas (ARSA-2012), Slovakia, December 3-7: 67-71. · Frolova, Y. and Dixon, J. (2012). An Epistemological Challenge for Fair Value Accounting: The Classification of Financial Instruments for the Purpose of the Fair Value Estimation by Kazakhstan’s Banking Industry. Proceedings from IX KIMEP International Research Conference (KIRC-2012), Almaty, Kazakhstan, April 19-21: 19-24. · Dixon, J. and Frolova, Y. (2011). Existential Poverty: Welfare Dependency, Learned Helplessness and Psychological Capital. Poverty & Public Policy, 3(2), DOI: 10.2202/1944-2858.1158. (Online ISSN: 1944-2858. Wiley Online Library.) · Erdener, C. and Frolova, Y. (2010). An Exploratory Study of Some Possible Attitudinal and Cultural Antecedents of Accounting Fraud Risk in Kazakhstan. Proceedings from VII KIMEP International Research Conference (KIRK-2010), Almaty, Kazakhstan. · Leonard, J. and Frolova Y. (2007). A Regression Analysis of Kazakhstan’s Pension Funds. Caspian Digest May. · Leonard, J. and Frolova Y. (2006). Accounting: Kazakh Needs for IAS. Business Leadership in Central Asia, H. Gaggiotti (Ed), Almaty, Kazakhstan: Caspian Academic Press.
Teaching	Courses taught at executive MBA level: · Organizational Behavior and Development Courses taught at graduate (master) level: · MGT5201/MGT5101 Organizational Behavior and Leadership Ethics · MGT5200 Business Communication · ACC5203 Financial Reporting and Management Control · ACC5212 Financial Statement Analysis · FIN5113.1 Financial Reporting and Analysis · FIN5113.2 Financial Reporting and Analysis Courses taught at undergraduate (bachelor) level: · MG3299.12 Selected Topics in Management: Management of Organizations · MGT3212 Organizational Behavior · MGT3206 Leadership and Motivation · MGT3205 Decision Making · MGT3201 Business Communication · MGT4203 Performance Management · MGT4204 Cases in Management · ACC1201 Financial Accounting I · ACC1202 Financial Accounting II · ACC3201 Intermediate Financial Accounting I · ACC3202 Intermediate Financial Accounting II · ACC2201 Management Accounting I · ACC3110 Management Accounting II
Awards	· Certificate of Service Excellence awarded for the academic year 2004 – 2005 for preeminence in academic development and services at the College of Continuing Education (currently: Executive Education Center), KIMEP

Dennis Orlenn Olson, PhD

Associate Dean for Graduate Programs
Research Chair / Professor of Finance, Department of Accounting and Finance

Prior to coming to KIMEP, Dennis Olson was a visiting scholar at Oregon State University-Cascades in the USA. He holds a PhD in economics from the University of Wyoming (USA) and a Canadian Chartered Professional Accountant (CPA) designation, as well as the American professional designations of Chartered Financial Consultant (ChFC) and Chartered Life Underwriter CLU). He has taught economics, finance, and accounting classes in the US, Canada, New Zealand, Denmark, Colombia, Oman, Kuwait, and the United Arab Emirates (UAE). His research primarily uses econometric techniques to address issues in banking, investments, corporate finance, economic efficiency, and public finance. This research has appeared in journals, such as, the undefinedJournal of Banking and Finance, International Journal of Accounting, Journal of Corporate Finance, European Economic Review, International Journal of Forecasting, Economic Inquiry, Southern Economic Journal, Energy Economics, Emerging Markets Review, and Financial Review.

Outside of academia, he is married with two gn children who previously accompanied him to various universities around the world. His hobbies include traveling, fishing, golf, chess, and learning languages.

Mira Nurmakhanova, Ph.D.

Chair of Accounting and Finance departments
Professor of Finance

Name	Mira Nurmakhanova
Position	Associate Professor of Finance, Associate Dean of Undergraduate Program
Email address	miranur@kimep.kz
Education background	PhD. Iowa State University, USA MA KIMEP University, Kazakhstan BSc. Kazakh National University, Kazakhstan
Overview	Professor Nurmakhanova’s primary research interest focuses on studying the influence of oil prices on macroeconomic performance of the country. Specifically, she examines the effect of oil prices on the economic gth, real exchange rate, stock market, inflation rate, etc. Another research interest is related to performance of microfinance institutions: extend of trade-off between financial sustainability and outreach of MFIs, effect of regulation on performance of microfinance institutions. Third research interest is related to stability of banking sector. Specifically, she examines the effect of bank market power on both the credit risk-taking attitude of Kazakhstani banks and overall stability of banks.
Research Interests	· The Effect of Regulation on Performance of Microfinance Institutions: effect of regulation on MFIs performance. When evaluating the impact of regulation following questions are of primary interest: (1) what is the effect of regulation on performance of actually regulated MFI? and (2) what is the effect of regulation on performance of MFIs that opt for regulation once they start taking deposits? In a new contribution to existing literature, our results show the impacts of regulation on performance of actually regulated MFIs and MFIs that opt for regulation once they start taking deposits. · Stability of banking sector: effect of bank market power on both the credit risk-taking attitude of Kazakhstani banks and overall stability of banks. · Effect of oil prices: effect of oil prices on the economic gth, real exchange rate, stock market, inflation rate, etc.
Selected Publications	Articles · Katenova, M., M. Nurmakhanova. 2017. “Financial Development and Economic Gth: The Case of Kazakhstan”. International Review of Business Research Papers. Vol. 13. No. 1, 151 – 160. · Nurmakhanova, M., G. Kretzschmar, H. Fedhilla. 2015. “Trade-off between Financial Sustainability and Outreach of Microfinance Institutions”. Eurasian Economic Review, Vol. 5, 231-250. · Nurmakhanova M., O. Pak. 2013. “The Effect of Market Power on Bank Credit Risk-Taking and Bank Stability in Kazakhstan”, Transition Studies Review, Vol. 20, 335-350. · Nurmakhanova M., O. Pak. 2013. “Bank market power and credit risk-taking in Kazakhstan”, Economics: strategy and practice, Vol. 4, p. 73-85. Nurmakhanova M., G. Kretzschmar. 2011. “Kazakhstan – The Real Currency and Gth Challenge for Commodity Producing Countries”, Journal of Business and Policy Research, Vol. 6, 87-105. Conference Papers · 1st International Conference on Energy, Finance and the Macroeconomy. November 22-24, 2017, Montpellier, France. “The Effect of Regulation on Performance of Microfinance Institutions: Evidence from Cross Countries”. · Sixth Regional Conference of the Central Eurasian Studies Society (CESS). June-July 2017, Bishkek, Kyrgyzstan, “Oil and Gth Challenge in Kazakhstan”. · Eurasian Business and Economics Society, EBES 2017, May 2017, Rome, Italy. “Oil prices and stock market in Kazakhstan”. · Euro-Asia Forum in Politics, Economics and Business, July 2016, Belgrade, Serbia. “Oil and Gth Challenge in Kazakhstan”. · The Economics Education and Research Consortium (EERC) 40-th Research workshop, May 2016, Kiyv. “Oil and Gth Challenge in Kazakhstan”. · The Economics Education and Research Consortium (EERC) 39-th Research workshop, December 2015, Kiyv. “Oil and Gth Challenge in Kazakhstan”. · The Economics Education and Research Consortium (EERC) 37-th Research workshop, December 2014, Kiyv. “Oil and Gth Challenge in Kazakhstan”. · The Economics Education and Research Consortium (EERC) 36-th Research workshop, June-July 2014, Kiyv. “Oil and Gth Challenge in Kazakhstan”. · Portuguese Finance Network, PFN 2014, Algarve University, June 2014, Faro, Portugal. “The Effect of Regulation on Performance of Microfinance Institutions”. · The Rimini Conference in Economics and Finance, RCEF-2014, Rimini Centre for Economic Analysis Rimini, June 2014, Italy. “Oil Prices, Exchange Rates and Stock Market in Kazakhstan”. · Eurasian Business and Economics Society, EBES 2014, Bilim University, Istanbul, June 2014, Turkey. “Financial Loss Distribution Behaviour Associated with MFI Outreach Financing”. · ESNIE 2014, Dauphine University, Paris, May 2014, France. “The Effect of Regulation on Performance of Microfinance Institutions”. · Rimini Bayesian Workshop, University of Bologna, Rimini Campus, June 2013, Italy. “Financial Loss Distribution Behaviour Associated with MFI Outreach Financing”. · Research seminar, Dublin Institute of Technology, November 2012, Dublin, Ireland. “The impact of bank market power on bank credit risk-taking and stability in Kazakhstan”. · Business and Social Science Research Conference, January 2011, Dubai. “Kazakhstan- the real currency and gth challenge for commodity producing countries”. · 4th workshop of Centre for Advanced Studies in Economics and Econometrics, June 2010, Faro, Portugal. “Effect of Oil Prices on Macroeconomic Performance of the Country”. · AAEA meeting, July 2008, Orlando, USA. “Timing of Fertilizer Applications: Environmental Implications”. · AAEA meeting, July 2006, Los Angeles, USA.”Effect of Crop Choice on Split Fertilizer Application”.
Teaching	Current Courses Taught · Business Microeconomics · Business Macroeconomics · Principles of Finance
Grants/Fellowships	· Principal investigator (2013), research grant sponsored by the Economic Education and Research Consortium, EERC, entitled by “Oil and Gth Challenge in Kazakhstan”. · Career Integration Fellowship (CIF) (2014) CERGE-EI Teaching Fellows program
Awards	· Teaching Excellence Award, KIMEP, 2015 and 2018 · Paper titled “Kazakhstan – The Real Currency and Gth Challenge for Commodity Producing Countries” was presented on a Business and Social Science Research Conference in Dubai in January 2011 and won a Best Paper Award.

Mohd Zain Bin Mohamed, PhD

Professor of Management, Department of Management and Marketing
Chair of Management and Marketing departments

Professor M. Zain Mohamed received his PhD (Management) from the Manchester Business School, University of Manchester, UK, in 1993. Prior to joining KIMEP University in August 2023, Prof. Zain was a Professor of Management in several AACSB/EQUIS accredited universities including Sultan Qaboos University, Oman; King Abdulaziz University, Saudi Arabia; Qatar University; University of Dubai, UAE; United Arab Emirates University; and Universiti Putra Malaysia. He was also a Visiting Professor at the college of business/economics of the Tashkent State Technical University, Uzbekistan, and the University of Mauritius. Before becoming an academic in December 1980, Prof. Zain was an IT Consultant with the Information Systems Consulting Division of Arthur Andersen & Company (now known as Accenture), Kuala Lumpur, Malaysia. Prof. Zain’s research interests are in the areas of innovation and technology management, information management, competitiveness of firms, entrepreneurship, and corporate strategies. His publications have appeared in many refereed and scholarly international journals including Asia Pacific Journal of Marketing and Logistics, Creativity and Innovation Management, Information & Management, International Journal of Information Management, International Journal of Innovation Management, International Journal of Project Management, Journal of Global Competitiveness, Journal of Islamic Marketing, Scandinavian Journal of Management, Services Marketing Quarterly, Social Behavior and Personality, Technovation, and Thunderbird International Business Review. Prof. Zain has also undertaken many consulting projects with public and private organizations in Malaysia in the areas of technology mapping, competitiveness of industries, project feasibility studies, market surveys, business processes and systems, and social & economic studies.

Alimshan Faizulayev, Ph.D.

Director Research, Associate Professor of Finance

Name: Dr. Alimshan Faizulayev

Position: Research Director / Assistant Professor, Bang College of Business.

Educational Background: Ph.D. in Finance, Eastern Mediterranean University, N. Cyprus.

Experience:

08.2019- Present => Assistant Professor/ Research Director BCB, Kimep University, Kazakhstan.

04.2021-Present => Research Director (co-owner), London Center for Development, London , UK.

10.2021-Present => Member (non-voting) of the AIXQI Index Committee of Astana International Exchange (AIX).

01.2017-01.2021 => Investment Advisor/ Coordinator in CIS regions, Dovec Group of Companies, Cyprus.

01.2011-09.2017 => Project Manager, Dogus Yol Tourism (education and tourism), Turkey.

09.2015-01.2019 => Senior Lecturer, Eastern Mediterranean University, Cyprus.

01.2015-07.2015 => Guest Lecturer, American Hotel & Lodging Educational Institute, USA.

Research Interest:

-Conentional Banking, Islamic Banking,

-Energy economics

Research Articles:

Damira, A., Narimanovna, J. G., Lyazzat, Y., Rustamov, B., Faizulayev, A., & Bekun, F. V. (2022). Competition Determinants of Eurasian Economic Union Oil and Gas Companies . International Journal of Energy Economics and Policy, 12(2), 336–341. https://doi.org/10.32479/ijeep.12906 (Scopus , ABDC)

Isah Wada, Alimshan Faizulayev, Festus Victor Bekun (2021). “Exploring the role of conventional energy consumption on environmental quality in Brazil: Evidence from cointegration and conditional causality”, Gondwana Research, https://doi.org/10.1016/j.gr.2021.06.009. ( (SCI / SCOPUS Q2 IF:6.05)

Faizulayev, A. Wada, I. Kyzdarbekova, A. Parmankulova, I (2021). “What drives the banking competition in Islamic Finance Oriented Countries? Islamic vs Conventional banks.” Journal of Islamic Accounting and Business Research. https://doi.org/10.1108/JIABR-06-2020-0173 (Web of Scıence / SCOPUS Q2)

Solomon, P. N. Festus, V. B. Faizulayev, A. (2021) “Energy Consumption, Natural Resources, Urbanization, and Ecological Footprint in South Africa: The Moderating Role of Human Capital.” International Journal of Energy Economics and Policy. https://doi.org/10.32479/ijeep.11099 (Web of Scıence / SCOPUS Q2)

Faizulayev, A, Bakitjanovna, KR, Wada, I. (2020) Revisiting the dynamic impact of external debt on economic gth in Nigeria: Cointegration and conditional causality analysis. J Public Affairs;e2538. https://doi.org/10.1002/pa.2538 (Web of Scıence / SCOPUS Q2)

Wada, I, Faizulayev, A, Khademolomoom, AH, Alzubi, A. (2020) Energy use, real output‐gth, FDI, energy‐intensity and CO ₂ emission; the case of Kazakhstan. J Public Affairs;e2300. https://doi.org/10.1002/pa.2300 (Web of Scıence / SCOPUS Q2)

Faizulayev A., Wada I. (2019) Spillover Effect of Interest Rate Volatility on Banking Sector Development in Nigeria: Dynamic ARDL Bound Test Approach. In: Ozatac N., Gokmenoglu K. (eds) Global Issues in Banking and Finance. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-30387-7_8 (Scopus)

Faizulayev A., Wada I. (2019) What Drives the Banking Performance? Case of Eurasian Economic Union Countries. In: Ozatac N., Gokmenoglu K. (eds) Global Issues in Banking and Finance. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-30387-7_3 (Scopus)

Hamed W., Faizulayev A. (2019) Does the Financial Performance of Banks Change During the Global Financial Crisis? The Case of Palestine. In: Ozatac N., Gokmenoglu K. (eds) Global Issues in Banking and Finance. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-30387-7_12 (Scopus)

Faizulayev A., Bektas E. (2018) Profitability Determinants of Islamic and Conventional Banks During the Global Financial Crises: The Case of Emerging Markets. In: Ozatac N., Gökmenoglu K. (eds) Emerging Trends in Banking and Finance. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-01784-2_17

Alimshan Faizulayev, Eralp Bektas & Abdul Ghafar Ismail 2018. “Profitability and persistency in the service industry: the case of QISMUT+3”, Service Industries Journal, https://doi.org/10.1080/02642069.2018.1461210. (SSCI/ SCOPUS Q1 IF-6 . 539)

Emilios Galariotis, Ph.D.

Research Chair / Professor of Finance, Department of Accounting and Finance

Professor EMILIOS GALARIOTIS, PhD Dunelm, HDR

I sit on the Management Board of the Independent Authority for Public Revenue of the Hellenic Republic since 2022. I am also a member of the boards of directors of academic associations such as the Financial Engineering and Banking Society, where I am Assistant General Secretary; the Hellenic Association for Energy Economics, where i am a founding member, and the leading global francophone association, the French Finance Association (Affi), where I have also served in the past as VP and President.

I have served in various positions in the Academia. As an administrator I have had the following key responsibilities: Associate Dean for Research, Director of Research Laboratory; Institute Director; Research Centre Director; Research Axis Head; Masters’ Programmes Director, and Head of Department. In terms of broader service, I have experience as Associate Editor and Editorial Board Member for several Journals and have acted as a rapporteur and reviewer for funding applications, organisations, journals, conferences etc. As an Academic, I have achieved the rank of a full Professor of Finance and I serve as a research chair/ Professor of Finance at KIMEP University, Bang College of Business, prior to that I have served full time at Audencia Business School (2008-2023), and before that at Durham University (2002-2008 full time, and earlier as part time), while I have held several visiting positions.

As a researcher, I am Senior Research Fellow at the Financial Engineering Laboratory of the Technical University of Crete (2013-date); and an Economic Researcher at the Hellenic Association for Energy Economics (2023-date). My research is mainly on behavioral issues and efficiency applied to different areas (mainly in investments and markets in finance, banking and energy, but also local governments, the economy, sports, and decision making), as well as on social and green finance issues.

Some selected publications in 2015-2025

Delis, M., Galariotis, E., Iosifidi, M., and Ongena, S. (2025) “Corporate Taxes and Economic Inequality: A Credit Channel” Journal of Corporate Finance Volume 93, July 2025, 102805
Galariotis, Ε., Miffre, J., and B. Sévi, (2024) “Editorial for the special issue of the journal of banking & finance on asset pricing and factor investing”, Journal of Banking & Finance, 162, May 2024, 107166
Galariotis, E., Louca, C, Petmezas, D., and Wang, S., (2023) “CEO Overconfidence and Inside Debt, British Journal of Management, Vol. 34, Issue 3, pp. 1606-1631
Pasiouras, F., Bouri, E, Roubaud, D., Galariotis. E., (2021) “Culture and multiple firm-bank relationships: a matter of secrecy and trust?” Journal of Business Ethics, 174, pp. 221–249. FT-50
Delis, M., Galariotis E., Monne, J., (2021) “Economic condition and financial cognition” Journal of Banking and Finance. 123, February 2021, 106035
Manthoulis, G., Doumpos, M., Zopounidis, C., Galariotis, E., (2020) “Developing a predictive model for US bank failures: An empirical analysis using machine learning approaches”, European Journal of Operational Research. 282 (2), pp. 786-801
Galariotis E., Kalaitzoglou I., Kosmidou, K., Papaefthimiou, S., and S.I. Spyrou (2019) “Could Market Making be Profitable in The European Carbon Market?” The Energy Journal. 40 (SI1), 5-28
Galariotis E., Makrichoriti, P., Spyrou, S., (2018) “The Impact of Conventional and Unconventional Monetary Policy on Expectations and Sentiment. Journal of Banking and Finance 86, pp. 1-20. Lead Article.
Doumpos M., Andriosopoulos K., Galariotis E., Makridou G., and Zopounidis, K., (2017) “Corporate Failure Prediction in the European Energy Sector: A Multicriteria Approach and the Effect of Country Characteristics.” European Journal of Operational Research 262 (1), pp. 347-360
Galariotis E., Guyot, A., Doumpos, M. and Zopounidis, C. (2016) “A novel multi-attribute benchmarking approach for assessing the financial performance of local governments: empirical evidence from France”, European Journal of Operational Research 248, pp. 301-317
Galariotis E.C., Rong, W. and Spyrou S.I. (2015) "Herding on fundamental information: A comparative study", Journal of Banking and Finance, 50, pp. 589-598

Halil Kiymaz, Ph.D.

Professor of Finance

Halil Kiymaz is a Visiting Professor of Finance at the BCB. Professor Kiymaz obtained his Ph.D. in

Financial Economics from the University of New Orleans, USA. His experience includes working as a Professor of Finance at the Crummer Graduate School of Business. Professor Kiymaz also taught at the University of Houston-Clear Lake, Bilkent University, and the University of New Orleans. He holds the Chartered Financial Analyst (CFA) designation and has served at the CFA Institute in various capacities.

Jocelyn Grira, Ph.D.

Professor of Finance

Dr. Jocelyn Grira is a full professor of finance. His research interests include banking, corporate finance,ethical finance, corporate social responsibility, and sustainable finance. His teaching portfolio covers financial management, corporate finance, financial statement analysis, financial markets and institutions, and risk management. His research work has been published in several top international peer-reviewed journals in finance. His academic profile is complemented by more than ten years of professional experience in the financial sector, namely in banking, regulatory agency, and consultancy.

Larry Paul Pleshko, Ph.D.

Professor of Marketing

Larry Pleshko (PhD. Marketing, M.B.A, B.S. Engineering) is a Professor of Marketing with more than thirty years of experience in university-level education. He has been a full-time faculty
member at a variety of universities around the world, including Barry University, UAE University, Kuwait University, Curtin University, and American University of Ras AlKhaimah. His
area of expertise is marketing management and strategy. Dr. Pleshko has published more than fifty international journal articles, mostly in the area of service businesses such as banking, fast-food restaurants, or coffee-shop retailing. His teaching is mostly centered upon marketing principles, marketing strategy, consumer behavior, market research, and promotion management

Monowar Mahmood, Ph.D.

Professor of Management

Professor of Management at Bang College of Business, KIMEP University. He completed Ph.D. in Management Science from Manchester Business School (AACSB, EQUIS, & AMBA accredited), University of Manchester, UK; MA in Human Resource Management from University of Leeds (AACSB, EQUIS, & AMBA accredited), UK; MBA from Saint Mary’s University (AACSB, EQUIS, & AMBA accredited), Canada.

Dr. Mahmood has numerous peer reviewed articles and 5 book chapters published by different international publishers. His articles published in the International Journal of Human Resource Management, Asia Pacific Journal of Human Resource Management, Education + Training, Corporate Governance, Corporate Social Responsibility and Environmental Management, Journal of Cleaner Production, International Journal of Emerging Markets and other ranked journals. Book chapters are published by Routledge, UK; Springer, UK; and Business Expert Press, USA.

Research and Publications:

Norizan Binti Mohd Kassim, PhD

Professor of Marketing

Professor Norizan Mohd Kassim specializes in marketing and holds a Ph.D. from Southern Cross University in New South Wales, Australia, which she obtained in 2002. Her research interests are in cross-cultural studies, consumer behavior, service quality, customer satisfaction, customer loyalty, service innovation, the competitiveness of organizations, and entrepreneurship. She has collaborated actively with researchers in several other management disciplines. She has published numerous articles in reputable international journals, including the Journal of Business Research, the European Journal of Marketing, the Asia Pacific Journal of Marketing and Logistics, the Asia Pacific Business Review, the International Journal of Quality & Reliability Management, the International Journal of Innovation Management, and the Electronic Markets. Prior to her affiliation with KIMEP University, she held the position of Professor and Assistant Dean for Graduate Studies and Research in the College of Economics, Management, and Information Systems at the University of Nizwa in Nizwa, Oman. Since May 2019, she has been Technical Director for the Oman Global Entrepreneurship Monitor (GEM) Project. Additionally, she held academic positions in universities accredited by AACSB in Malaysia and abroad. Some universities included in this list are the United Arab Emirates University, Qatar University, King Abdulaziz University, and the University of Dubai. Before pursuing an academic career, she acquired substantial expertise across multiple sectors, such as banking, finance, and stock brokerage, for a considerable period.

David Brent Sutton, Ph.D.

Associate Professor of Accounting

Dr. David Sutton gained his accounting education at Victoria University, Wellington New Zealand, completing his Honours, Masters, and PhD degrees there. He has worked in tertiary education in New Zealand (Victoria University, Massey University), China (China Agricultural University, Bryant/Beijing Institute of Technology, Zhuhai), Vietnam (British University Vietnam), Qatar (University of Doha for Science and Technology), before taking up a position as associate professor of finance and accounting, focusing on accounting and taxation, at Kimep university. David's research interests include business ethics, taxation, and financial accounting.

Vladimir Garkavenko, Ph.D.

Associate Professor of Marketing

Name	Vladimir Garkavenko
Position	Associate Professor of Marketing
Contact detail	Phone: 270 44 40 Ext. 2171 E-mail: gvlad@kimep.kz
Education background	PhD, Auckland University of Technology, New Zealand MBS, Auckland University of Technology, New Zealand PGDBA, (Management and International Business), Auckland University of Technology, New Zealand MA, (French and Arabic Languages and Literature), Kiev State University, Ukraine BA, (French and Arabic Languages and Literature), Kiev State University, Ukraine
Overview	Professor Garkavenko research is focusing on the impact of information and communication technologies on distribution channels, cross-cultural marketing, service marketing, digital marketing, supplier-retailer-consumer relationships and consumer behavior as well as business practices in Central Asia. He also have a strong research interest in sustainable eco-tourism and hospitality, Health and Wellness Tourism Development in Kazakhstan, Heritage Tourism. His particular research interest revolves around building a case study on KZ tourism industry to identify main issues in the emerging industry in the contest of “green economy”. The research covers the structure of the KZ tourism industry and its main players, the core resources and attractions of the country as well as supporting factors such as infrastructure, accessibility, political will, some examples of the typical destination management and destination policy and planning such as quality of service experience, positioning and branding as well as monitoring and evaluation. The research also focuses on the barriers to tourism development in the country and ICT adoption by the tourism industry and by the prospective consumers.
Research Interests	Marketing: Services Marketing, International Marketing, Distribution Channel, Suppliers-Retailers-Consumers Relationship, Developing Markets; ICT Adoption : Intermediation-Disintermediation-Reintermediation; ICT Penetration, Perception And Adoption; Tourism:: Tourism Planning and Development in Central Asia; High-Yield Tourism; Authenticity And Tourism; Eco-Cultural Tourism Development; Niche Tourism; Environmental Management; Hospitality Management; Business Social Responsibility & Ethics, Health and Wellness Tourism Development in Kazakhstan, Heritage Tourism.
Selected Publications	Main refereed peer-reviewed publications: Book: Garkavenko, V. (2009). New Zealand Travel Agents in the Internet Era: Impacts, Responses, and Relationships. VDM Verlag: Saarbrucken, Germany. Refereed published articles: Smagulova, A., Shegebayev, M., Garkavenko, V. & Boolaky, M. (2009). Ethical Practices & Social Responsibility of Kazakhstani Tourism Business: A Pilot Study in the Tour Operator Sector. Central Asia Business Journal, 2, pp. 12-23. Garkavenko V. (2012). Attitudes of New Zealand consumers towards travel agents’ services in the internet era. Global Science and Technology Forum Journal on Business Review (GSTF Business Review), 1(4). Erdener, C. & Garkavenko, V. (2012). Money attitudes in Kazakhstan. Journal of International Business & Economics. 12(3), pp. 87-94. Erdener, C. & Garkavenko, V. (2012). Business ethical decision making in Central Asia: preliminary evidence from Kazakhstan. European Journal of Management . 12(2), pp.117-121. Tiberghien, G., Garkavenko, V. & Ashirbekova, M. (2013). Authenticity and eco-cultural tourism development in Kazakhstan: a country branding approach. European Journal of Tourism , Hospitality and Recreation. 4(1), 29-43. Book chapters: Garkavenko, V., Bremner, H. & Milne, S. (2003). Travel Agents in the Information Age’: New Zealand Experiences of Disintermediation. In Frew, A., Hitz, M. & P. O’Connor (eds). Information and Communication Technologies in Tourism – 2003, Springer Wien: New York, 467-476. Garkavenko, V. & Milne, S. (2007). ICT and the travel industry: opportunities and challenges for the New Zealand travel agents’ market. In Pease, W., e, M. & M. Cooper (Eds.), Information and Communication Technologies in Support of the Tourism Industry. Idea Group Publishing. Garkavenko, V. & Milne, S. (2008). New Zealand Travel Agents in the Internet Era: Spatial Differences in ICT Impact, Adoption and Perception. In O’Connor P., Hopken W. & U. Gretzel (Eds.), Information and Communication Technologies in Tourism – 2008. Springer Wien: New York, 298-307. Garkavenko, V., & Milne, S. (2008). ICT and the travel industry: Opportunities and challenges for the New Zealand travel agents’ market. In C. Van Slyke (Ed.), Information Communication Technologies: Concepts, Methodologies, Tools and Applications. Hershey, PA: IGI Global. Baisakalova, A., & Garkavenko, V. (2014). Competitiveness of Tourism Industry in Kazakhstan. In Uysal M., Kantarci K. & V. Magnini (Eds.), Tourism in Central Asia: Issues and Challenges. Apple Academic Press: Waretown, New Jersey, USA. Garkavenko, V., Tiberghien G. (2014). ICT diffusion and digital divide in Tourism: Kazakhstan perspective. In Uysal M., Kantarci K. & V. Magnini (Eds.), Tourism in Central Asia: Issues and Challenges. Apple Academic Press: Waretown, New Jersey, USA. Tiberghien, G. & Garkavenko, V. (2014). Authenticity and eco-cultural tourism development in Kazakhstan: Potential and Challenges. In Uysal M., Kantarci K. & V. Magnini (Eds.), Tourism in Central Asia: Issues and Challenges. Apple Academic Press: Waretown, New Jersey, USA. Papers published in refereed peer-reviewed conference proceedings Garkavenko, V., Bremner, H. & Milne, S. (2002). Travel agents in the information age: impacts and responses. New Zealand Tourism and Hospitality Research Conference, 3-5 December 2002, Waiariki Institute of Technology, Rotorua, New Zealand. Garkavenko, V. and Milne, S. (2004). Travel Agents and disintermediation: exploring the complex competitive environment. International Conference “Tourism – The State of the Art II”, Glasgow, 27-30 June 2004. Rybina, L. & Garkavenko, V. (2009). Internet adoption by prospective consumers: example of Kazakhstani, Russian and Ukrainian markets. VI KIMEP International Research Conference (6 ^th KIRC), 23 – 24 April, Almaty, Kazakhstan. Garkavenko, V., Surnina, S., Tiberghien, G. & Gimranova, D. (2009). Kazakhstan’s Travel Agent Sector: Main Issues, Impacts and Relationships. VI KIMEP International Research Conference (6 ^th KIRC), 23 – 24 April, Almaty, Kazakhstan. Garkavenko, V., Surnina, S., Tiberghien, G. & Gimranova, D. (2009). ICT impacts on the Kazakhstan travel industry. VI KIMEP International Research Conference (6 ^th KIRC), 23 – 24 April, Almaty, Kazakhstan. Smagulova, A., Shegebayev, M., Garkavenko, V. & Boolaky, M. (2009). Ethical Practices & Social Responsibility of Kazakhstani Tourism Business: A Pilot Study in the Tour Operator Sector. VI KIMEP International Research Conference (6 ^th KIRC), 23 – 24 April, Almaty, Kazakhstan. Garkavenko, V., Tiberghien, G., Surnina, S. & Gimranova, D. (2010). Information and communication technologies: Kazakhstan travel market perspective. Proceedings of ENTER 2010 – Information and Communication Technologies in Tourism. The 17th International Conference on Information Technology and Travel & Tourism IFITT’s Global Travel & Tourism Technology and eBusiness Forum. 10th-12th February 2010, Università della Svizzera Italiana, Lugano Switzerland. Erdener, C. & Garkavenko, V. (2010). Attitudes about Money in Kazakhstan. Proceedings of VII KIMEP International Research Conference (7 ^th KIRC), March 25-27, 2010 , Almaty, Kazakhstan. Garkavenko, V., Tiberghien, G. & Gimranova, D. (2010). Kazakhstan Travel Market and ICT Readiness: Consumer Dimension. Proceedings of VII KIMEP International Research Conference (7 ^th KIRC), March 25-27, 2010 , Almaty, Kazakhstan. Tiberghien, G. & Garkavenko, V. (2010). What is Authenticity and What is Authentic in a Modern World: a Pilot Study of Cultural Heritage Tourism. Proceedings of VII KIMEP International Research Conference (7 ^th KIRC), March 25-27, 2010 , Almaty, Kazakhstan. Tiberghien, G. & Garkavenko, V. (2010). Authenticity and eco-cultural tourism in New Zealand: the case of Whakarewarewa thermal village. Proceedings of the International Conference “Eco-tourism in Kazakhstan”, 26-27 August, 2010, Karaganda, Kazakhstan. Tiberghien, G. & Garkavenko, V. (2011). Exploratory study on contributions of Information and Communication Technologies to the development of eco-cultural tourism in Central Kazakhstan. Proceedings of ENTER 2011 – Information and Communication Technologies in Tourism. The International Conference on Information Technology and Travel & Tourism IFITT’s Global Travel & Tourism Technology and eBusiness Forum. 26th – 28th January 2011, Innsbruck, Austria. Rybina, L., Garkavenko V., Ha Jin Hwang. (2011). Information and Communication Technology Adoption in Tourism: A Review of Theoretical Models. Proceedings of VIII KIMEP International Research Conference (8 ^th KIRC ), April 22-23, Almaty, Kazakhstan. Erdener, C. & Garkavenko, V. (2011). Business Ethical Decision Making in Kazakhstan. Proceedings of VIII KIMEP International Research Conference (8 ^th KIRC), April 22-23, Almaty, Kazakhstan. Kadyrova, D., Maratov, A., Bolatbekuly, O., Laulanov, A., Gimranova, D. & Garkavenko, V. (2011). The ICT development Index in Kazakhstan: The Focus on Business Environment. Proceedings of VIII KIMEP International Research Conference (8 ^th KIRC ), April 22-23, Almaty, Kazakhstan. Erdener, C. & Garkavenko, V. (2011). Attitude about money in Kazakhstan: extended research. Proceedings of VIII KIMEP International Research Conference (8 ^th KIRC), April 22-23, Almaty, Kazakhstan. Garkavenko, V., Tiberghien G. (2011). Information and communication technologies adoption by the Kazakhstan travel market. Proceedings of Eurasia Business and Economics Society (EBES) 2011 Conference – Istanbul, June 1-3, 2011, Istanbul, Turkey. Tiberghien G., Garkavenko, V. (2011). Authenticity and eco-cultural tourism in Kazakhstan. Proceedings of Eurasia Business and Economics Society (EBES) 2011 Conference – Istanbul, June 1-3, 2011, Istanbul, Turkey. Erdener, C. & Garkavenko, V. (2011). Doing business in Central Asia: the meaning of money in Kazakhstan. (Extended Abstract). Proceedings of The European Business Ethics Network (EBEN) 24 ^th Annual Conference “Dare to Care: building a caring organisation”, 15-17 September 2011, Antwerp, Belgium. Garkavenko, V. & Tiberghien G. (2011). Kazakhstan’s travel industry: its history, current structure, and perspective for global integration. Proceedings of the World Research Summit for Tourism and Hospitality, 10-13 December 2011, Hong Kong. Tiberghien G. & Garkavenko V. (2011). Exploratory study on contributions of the perception of authenticity to the development of eco-cultural tourism in Central Kazakhstan. Proceedings of the World Research Summit for Tourism and Hospitality, 10-13 December 2011, Hong Kong. Abubakirova J. & Garkavenko V. (2012). Tourism development in Central Asia from potential to tourism product: Marketing issues. Proceedings of IX KIMEP International Research Conference (9 ^th KIRC), April 19-21, 2012 , Almaty, Kazakhstan. Garkavenko, V. & Tiberghien, G. (2012). Kazakhstan’s travel industry: past and future – perspective for global integration. Proceedings of IX KIMEP International Research Conference (9 ^th KIRC), April 19-21, 2012 , Almaty, Kazakhstan. Tiberghien, G. & Garkavenko, V. (2012). Eco-cultural tourism development and perception of authenticity in Kazakhstan: a supply side analysis. Proceedings of IX KIMEP International Research Conference (9 ^th KIRC), April 19-21, 2012 , Almaty, Kazakhstan. Akhmetbayeva, A. & Garkavenko, V. (2013). Managing New Product Development Process: Case of Samsung Electronics. Proceedings of X KIMEP International Research Conference “Central Asia in the Global Community: Challenges and Opportunities”, (10 ^th) April 4-6, 2013, Almaty, Kazakhstan. Nugumanova, Z. & Garkavenko, V. (2013). Market of Small Hotels in Almaty: Marketing Strategic Planning of Hotel ALMA. Proceedings of X KIMEP International Research Conference “Central Asia in the Global Community: Challenges and Opportunities”, (10 ^th) April 4-6, 2013, Almaty, Kazakhstan. Baisakalova, A. & Garkavenko, V. (2013). Trends in International Competitiveness of Tourism Industry in Kazakhstan. Proceedings of X KIMEP International Research Conference “Central Asia in the Global Community: Challenges and Opportunities”, (10 ^th) April 4-6, 2013, Almaty, Kazakhstan. Abylkassimova Z., Garkavenko V. & L. Rybina (2014). Issues and challenges of medical tourism development in Kazakhstan: Case of Alakol. Proceedings of XI KIMEP International Research Conference “Central Asia in the Information Age”, April 3-5, 2014, Almaty, Kazakhstan. Aleshkina Y., Garkavenko V. & A. Ostrovsky (2014). Social marketing as a part of brand platform building. Proceedings of XI KIMEP International Research Conference “Central Asia in the Information Age”, April 3-5, 2014, Almaty, Kazakhstan. Izbassarova M., Garkavenko V. & L. Rybina (2014). Ethical Issues in Marketing Research in Telecommunication Industry of Kazakhstan. Proceedings of XI KIMEP International Research Conference “Central Asia in the Information Age”, April 3-5, 2014, Almaty, Kazakhstan. Kozhakhmetova D., Garkavenko V. & L. Rybina (2014). Green Marketing: A Study of Consumers’ Attitude towards Environment Friendly Products in Kazakhstan. Proceedings of XI KIMEP International Research Conference “Central Asia in the Information Age”, April 3-5, 2014, Almaty, Kazakhstan. Maikibaeva N., Garkavenko V. & A. Ostrovsky (2014). The Role of Marketing in formation of Corporate Culture of Kazakhstani companies. Proceedings of XI KIMEP International Research Conference “Central Asia in the Information Age”, April 3-5, 2014, Almaty, Kazakhstan. Erdener, C. & Garkavenko, V. (2015). Basic Human Values of Students at KIMEP University, Kazakhstan . XII KIMEP International Research Conference “Central Asia in the Information Age”, April 3-5, 2015, Almaty, Kazakhstan. Erdener, C. & Garkavenko, V. (2015). Universal values in Kazakhstan: An empirical examination. Eurasia Business and Economics Society (EBES) 2015 Conference – Istanbul, May 29-30, 2015. Istanbul, Turkey. Accepted for oral presentation. Erdener, C. & Garkavenko, V. (2015). Money and Values in a Transitional Economy: Illustrations from Kazakhstan. Eurasia Business and Economics Society (EBES) 2015 Conference – Istanbul, May 29-30, 2015. Istanbul, Turkey. Accepted for oral presentation. Garkavenko, V. (2016). An overview of Silk Road Collaborative Initiatives: Tourism Perspective. Proceedings of XIII KIMEP International Research Conference “Economic Integration along the New Silk Road: Opportunities and Challenges”, April 8-9, 2016, Almaty, Kazakhstan. Yessengulova, A., Garkavenko, V. & Dumlupinar, B. (2016). Online Advertisement in Kazakhstan: Customers’ Preferences and Factors that Influence Consumer Behavior. Proceedings of XIII KIMEP International Research Conference “Economic Integration along the New Silk Road: Opportunities and Challenges”, April 8-9, 2016, Almaty, Kazakhstan. Erdener, C. & Garkavenko, V. (2017). Past, Present and Future Research on Money Attitudes in Kazakhstan: A Developing Research Agenda. Proceedings of XIV KIMEP International Research Conference, April 7-8, 2017, Almaty, Kazakhstan. Lee, S., Garkavenko, V. & Erdener, C. (2017). An Integrative Model for Examining Money Attitudes in Central Asia: An Application of Cultural Perspectives to Finance. Proceedings of XIV KIMEP International Research Conference, April 7-8, 2017, Almaty, Kazakhstan. Sandibekova, A., Dumlupinar, B. & Garkavenko, V. (2017). Instagram as a marketing tool for small and medium sized businesses in Kazakhstan. Proceedings of XIV KIMEP International Research Conference, April 7-8, 2017, Almaty, Kazakhstan. Ostrovsky, A., Garkavenko, V. & Rybina, L. (2017). Consumer animosity and conservatism of Kazakhstani consumers toward foreign products. Proceedings of XIV KIMEP International Research Conference, April 7-8, 2017, Almaty, Kazakhstan. Ostrovsky, A., Garkavenko, V. & Rybina, L. (2017). Application of mixed methods in marketing research. Proceedings of XIV KIMEP International Research Conference, April 7-8, 2017, Almaty, Kazakhstan. Rybina, L., Garkavenko, V. & Abylkassimova, Z. (2017). Issues and Challenges of Health and Wellness Tourism Development in Kazakhstan: Case of Lake Alakol . Proceedings of the 1 ^st Global Congress of Special Interest Tourism & Hospitality (GloSITH) , June 24-26 2017, Beppu, Japan. Rybina, L., Garkavenko, V. & Ostrovsky, A. (2017). Transition Age Youth’s Conflict Resolution Strategies in Selecting Travel Destination by Tourists from Central Asia. Proceedings of the 1 ^st Global Congress of Special Interest Tourism & Hospitality (GloSITH) , June 24-26 2017, Beppu, Japan. Rybina, L., Reardon, J. & Garkavenko, V. (2017). The Impact of Consumer Ethnocentrism and its Antecedents on Airline Preference among Kazakhstani Travelers. Proceedings of the 1 ^st Global Congress of Special Interest Tourism & Hospitality (GloSITH) , June 24-26 2017, Beppu, Japan. Rybina, L. & Garkavenko, V. (2017). From Heritage and Medicine to Fashion and Consumerism: Generations Gap in Korean Diaspora Tourism to Homeland. Proceedings of the 1st International Conference of Health-Oriented Tourism (The 1st ICoHOT), Beppu, Japan, December 2 – 4, 2017. Rybina, L. & Garkavenko, V. (2017). Perceived Benefits of Animal-Assisted Therapy in Health-Oriented Tourism. Proceedings of the 1st International Conference of Health-Oriented Tourism (The 1st ICoHOT), Beppu, Japan, December 2 – 4, 2017. Conferences Attended (papers presented) Garkavenko, V., Bremner, H. & Milne, S. (2002). Travel agents in the information age: impacts and responses. New Zealand Tourism and Hospitality Research Conference, 3-5 December 2002, Waiariki Institute of Technology, Rotorua, New Zealand. Garkavenko, V., Bremner, H. & Milne, S. (2003). Travel Agents in the Information Age’: New Zealand Experiences of Disintermediation. ENTER 2003 – Information and Communication Technologies in Tourism, 29th – 31st January, Helsinki, Finland. Garkavenko, V. and Milne, S. (2004). Travel Agents and disintermediation: exploring the complex competitive environment. International Conference “Tourism – The State of the Art II”, Glasgow, 27-30 June 2004. Garkavenko, V. & Milne, S. (2008). New Zealand Travel Agents in the Internet Era: Spatial Differences in ICT Impact, Adoption and Perception . ENTER 2008 – Information and Communication Technologies in Tourism. 23rd – 25th January, Innsbruck, Austria. Rybina, L. & Garkavenko, V. (2009). Internet adoption by prospective consumers: example of Kazakhstani, Russian and Ukrainian markets. VI KIMEP International Research Conference (6 ^th KIRC), 23 – 24 April, Almaty, Kazakhstan. Garkavenko, V., Surnina, S., Tiberghien, G. & Gimranova, D. (2009). Kazakhstan’s Travel Agent Sector: Main Issues, Impacts and Relationships. VI KIMEP International Research Conference (6 ^th KIRC), 23 – 24 April, Almaty, Kazakhstan. Garkavenko, V., Surnina, S., Tiberghien, G. & Gimranova, D. (2009). ICT impacts on the Kazakhstan travel industry. VI KIMEP International Research Conference (6 ^th KIRC), 23 – 24 April, Almaty, Kazakhstan. Smagulova, A., Shegebayev, M., Garkavenko, V. & Boolaky, M. (2009). Ethical Practices & Social Responsibility of Kazakhstani Tourism Business: A Pilot Study in the Tour Operator Sector. VI KIMEP International Research Conference (6 ^th KIRC), 23 – 24 April, Almaty, Kazakhstan. Garkavenko, V., Tiberghien, G., Surnina, S. & Gimranova, D. (2010). Information and communication technologies: Kazakhstan travel market perspective. ENTER 2010 – Information and Communication Technologies in Tourism. The 17th International Conference on Information Technology and Travel & Tourism IFITT’s Global Travel & Tourism Technology and eBusiness Forum. 10th-12th February 2010, Università della Svizzera Italiana, Lugano Switzerland. Erdener, C. & Garkavenko, V. (2010). Attitudes about Money in Kazakhstan. VII KIMEP International Research Conference (7 ^th KIRC), March 25-27, 2010 , Almaty, Kazakhstan. Garkavenko, V., Tiberghien, G. & Gimranova, D. (2010). Kazakhstan Travel Market and ICT Readiness: Consumer Dimension. VII KIMEP International Research Conference (7 ^th KIRC), March 25-27, 2010 , Almaty, Kazakhstan. Tiberghien, G. & Garkavenko, V. (2010). What is Authenticity and What is Authentic in a Modern World: a Pilot Study of Cultural Heritage Tourism. VII KIMEP International Research Conference (7 ^th KIRC), March 25-27, 2010 , Almaty, Kazakhstan. Tiberghien, G. & Garkavenko, V. (2010). Authenticity and eco-cultural tourism in New Zealand: the case of Whakarewarewa thermal village. International Conference “Eco-tourism in Kazakhstan”, 26-27 August, 2010, Karaganda, Kazakhstan. Tiberghien, G. & Garkavenko, V. (2011). Exploratory study on contributions of Information and Communication Technologies to the development of eco-cultural tourism in Central Kazakhstan. ENTER 2011 – Information and Communication Technologies in Tourism. The International Conference on Information Technology and Travel & Tourism IFITT’s Global Travel & Tourism Technology and eBusiness Forum. 26th – 28th January 2011, Innsbruck, Austria. Rybina, L., Garkavenko V., Ha Jin Hwang. (2011). Information and Communication Technology Adoption in Tourism: A Review of Theoretical Models. VIII KIMEP International Research Conference (8 ^th KIRC ), April 22-23, Almaty, Kazakhstan. Erdener, C. & Garkavenko, V. (2011). Business Ethical Decision Making in Kazakhstan. VIII KIMEP International Research Conference (8 ^th KIRC), April 22-23, Almaty, Kazakhstan. Kadyrova, D., Maratov, A., Bolatbekuly, O., Laulanov, A., Gimranova, D. & Garkavenko, V. (2011). The ICT development Index in Kazakhstan: The Focus on Business Environment. VIII KIMEP International Research Conference (8 ^th KIRC ), April 22-23, Almaty, Kazakhstan. Erdener, C. & Garkavenko, V. (2011). Attitude about money in Kazakhstan: extended research. VIII KIMEP International Research Conference (8 ^th KIRC), April 22-23, Almaty, Kazakhstan. Garkavenko, V., Tiberghien G. (2011). Information and communication technologies adoption by the Kazakhstan travel market. Eurasia Business and Economics Society (EBES) 2011 Conference – Istanbul, June 1-3, 2011, Istanbul, Turkey. Tiberghien G., Garkavenko, V. (2011). Authenticity and eco-cultural tourism in Kazakhstan. Eurasia Business and Economics Society (EBES) 2011 Conference – Istanbul, June 1-3, 2011, Istanbul, Turkey. Erdener, C. & Garkavenko, V. (2011). Doing business in Central Asia: the meaning of money in Kazakhstan. The European Business Ethics Network (EBEN) 24 ^th Annual Conference “Dare to Care: building a caring organisation”, 15-17 September 2011, Antwerp, Belgium. Garkavenko, V. (2011, Accepted as the oral paper). Kazakhstan’s travel industry: its history, current structure, and perspective for global integration. World Research Summit for Tourism and Hospitality, 10-13 December 2011, Hong Kong. Tiberghien G. & Garkavenko V. (2011, accepted as the poster paper). Exploratory study on contributions of the perception of authenticity to the development of eco-cultural tourism in Central Kazakhstan. World Research Summit for Tourism and Hospitality, 10-13 December 2011, Hong Kong. Abubakirova J., Garkavenko V. & Tiberghien, G. (2012). Tourism development in Central Asia from potential to tourism product: Marketing issues. IX KIMEP International Research Conference (9 ^th KIRC), April 19-21, 2012 , Almaty, Kazakhstan. Ashirbekova M., Tiberghien, G. & Garkavenko, V. (2012). Current issues in Kazakhstan nation branding. IX KIMEP International Research Conference (9 ^th KIRC), April 19-21, 2012 , Almaty, Kazakhstan. Erdener, C. & Garkavenko, V. (2012). An application of business ethical theories in Kazakhstan. IX KIMEP International Research Conference (9 ^th KIRC), April 19-21, 2012 , Almaty, Kazakhstan. Garkavenko, V. & Tiberghien, G. (2012). Kazakhstan’s travel industry: past and future – perspective for global integration. IX KIMEP International Research Conference (9 ^th KIRC), April 19-21, 2012 , Almaty, Kazakhstan. Tiberghien, G. & Garkavenko, V. (2012). Eco-cultural tourism development and perception of authenticity in Kazakhstan: a supply side analysis. IX KIMEP International Research Conference (9 ^th KIRC), April 19-21, 2012 , Almaty, Kazakhstan. Tiberghien, G., Garkavenko, V. & Ashirbekova, M. (2012). Authenticity and eco-cultural tourism development in Kazakhstan: a country branding approach. 1st EJTHR International Conference on Destination Branding, Heritage & Authenticity, University of Santiago de Compostela (Spain). 21 – 22nd June 2012. Akhmetbayeva, A. & Garkavenko, V. (2013). Managing New Product Development Process: Case of Samsung Electronics. X KIMEP International Research Conference “Central Asia in the Global Community: Challenges and Opportunities”, (10 ^th) April 4-6, 2013, Almaty, Kazakhstan. Baisakalova, A. & Garkavenko, V. (2013). Trends in International Competitiveness of Tourism Industry in Kazakhstan. X KIMEP International Research Conference “Central Asia in the Global Community: Challenges and Opportunities”, (10 ^th) April 4-6, 2013, Almaty, Kazakhstan. Nugumanova, Z. & Garkavenko, V. (2013). Market of Small Hotels in Almaty: Marketing Strategic Planning of Hotel ALMA. X KIMEP International Research Conference “Central Asia in the Global Community: Challenges and Opportunities”, (10 ^th) April 4-6, 2013, Almaty, Kazakhstan. Abylkassimova Z., Garkavenko V. & L. Rybina (2014). Issues and challenges of medical tourism development in Kazakhstan: Case of Alakol. XI KIMEP International Research Conference “Central Asia in the Information Age”, April 3-5, 2014, Almaty, Kazakhstan. Aleshkina Y., Garkavenko V. & A. Ostrovsky (2014). Social marketing as a part of brand platform building. XI KIMEP International Research Conference “Central Asia in the Information Age”, April 3-5, 2014, Almaty, Kazakhstan. Izbassarova M., Garkavenko V. & L. Rybina (2014). Ethical Issues in Marketing Research in Telecommunication Industry of Kazakhstan. XI KIMEP International Research Conference “Central Asia in the Information Age”, April 3-5, 2014, Almaty, Kazakhstan. Kozhakhmetova D., Garkavenko V. & L. Rybina (2014). Green Marketing: A Study of Consumers’ Attitude towards Environment Friendly Products in Kazakhstan. XI KIMEP International Research Conference “Central Asia in the Information Age”, April 3-5, 2014, Almaty, Kazakhstan. Maikibaeva N., Garkavenko V. & A. Ostrovsky (2014). The Role of Marketing in formation of Corporate Culture of Kazakhstani companies. XI KIMEP International Research Conference “Central Asia in the Information Age”, April 3-5, 2014, Almaty, Kazakhstan. Rybina L., Reardon J. & V. Garkavenko (2017). The Impact of Consumer Ethnocentrism and its Antecedents on Airline Preference among Kazakhstani Travelers. The 1st Global Congress of Special Interest Tourism & Hospitality (GLOSITH) Conference, 24 – 26 June 2017, Beppu, Japan. Rybina L., Garkavenko V. & Z. Abylkassimova (2017). Issues and Challenges of Health and Wellness Tourism Development in Kazakhstan: Case of Lake Alakol. The 1st Global Congress of Special Interest Tourism & Hospitality (GLOSITH) Conference, 24 – 26 June 2017, Beppu, Japan. Rybina L., Garkavenko V. & A. Ostrovsky (2017). Transition Age Youth’s Conflict Resolution Strategies in Selecting Travel Destination by Tourists from Central Asia. The 1st Global Congress of Special Interest Tourism & Hospitality (GLOSITH) Conference, 24 – 26 June 2017, Beppu, Japan. Professional Conferences, Seminars &Workshops Chairman of the Workshop on “Authenticity and eco-cultural tourism practices”. (2010). International Conference “Eco-tourism in Kazakhstan”, 26-27 August, 2010, Karaganda, Kazakhstan. Leader of the US Department of Commerce SABIT International Seminar “Strategies for the development of local sustainable tourism” for tourism business specialists (owners, top managers) and experts from five Central Asian countries (Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, Turkmenistan) within SABIT (Special American Business Internship Training) Program, US Department of Commerce, Uzbekistan, Bukhara, 2-3 March, 2011. Round table “Community Based Eco-Tourism in Kazakhstan”, organized by Kazakhstan Tourist Association, Ecotourism Kazakhstan and Bloomingfeld. 22 April 2011, Almaty, Kazakhstan. Conference “The Future of Hospitality – Green Hospitality” with EHL (Ecole hôtelière de Lausanne) and the Embassy of Switzerland in Kazakhstan. Presentation “Sustainability in Kazakhstan: Tourism and Hospitality industry challenges”. 25 May 2011, KIMEP, Almaty, Kazakhstan. Abacus Corporate Travel Conference (2011). “New Opportunities in Travel Management”. 14 September 2011, Almaty, Kazakhstan. UNDP Seventh Ministerial Conference “Environment for Europe” (2011). Organized by UNECE and UNDP. 21-23 September 2011, Astana, Kazakhstan. KIMEP University BCB Research Seminar (2011). Garkavenko V. & G. Tibergien: Business Ethics in Central Asia – A Research Agenda in Tourism, 21 October 2011, KIMEP, Almaty, Kazakhstan. KIMEP University BCB Research Seminar (2012). Garkavenko V. & G. Tibergien: Current issues in Kazakhstan national branding. April 2012, KIMEP, Almaty, Kazakhstan. KIMEP Central Asian Studies Center (CASC) public lecture series (2012). Garkavenko V. & G. Tibergien: Tourism in Kazakhstan: To Be or Not to Be? 27 April 2012, KIMEP, Almaty, Kazakhstan. V Astana Economic Forum (2012). 22-24 May 2012, Astana, Kazakhstan. Leader of the Seminar/Workshop “Strategic Marketing” for ‘Sberbank Kazakhstan”, November 2012, Almaty, Kazakhstan. VI Astana Economic Forum (2013). 22-24 May 2013, Astana, Kazakhstan. UNWTO Silk Road round table: Enhancing collaboration for Sustainable Tourism Development – Developing a Roadmap for the Silk Roads Heritage Corridors, Tourism Strategy Workshop (2013). Organized by United Nations World Tourism Organization (UNWTO), UNESCO, World Heritage convention and Ministry of Industry and New Technologies of RK (MINT). 7-8 October 2013, Almaty, Kazakhstan. UNWTO First Euro-Asian Ski Resorts Conference: Developing New Destinations for Snow Tourism (2013). Organized by United Nations World Tourism Organization (UNWTO), and Ministry of Industry and New Technologies of RK (MINT). 8-9 October, 2013, Almaty, Kazakhstan. Abacus Corporate Travel Conference (2013). “How to save on Business Trips? Opportunities in Travel Management”. 29-30 October 2013, Almaty, Kazakhstan. Leader of the US Department of Commerce SABIT International Seminar “Strategies for the sustainable development of tourism and hospitality” for tourism business specialists (owners, top managers) and experts from three Central Asian countries (Kyrgyzstan, Kazakhstan, Uzbekistan) within SABIT (Special American Business Internship Training) Program, US Department of Commerce, Kyrgyzstan, Bishkek, 13 December, 2013. VII Astana Economic Forum (2014). 21-23 May 2014, Astana, Kazakhstan. International Conference (2015). “Social Tourism: Accessibility for All”, 23 September 2015, Almaty, Kazakhstan. KIMEP University BCB Research Seminar (2015). Vladimir Garkavenko & Carolyn Erdener: “Egyptian Tourism Industry Responses to Currency Devaluation in 2001: Are There Some Lessons for Kazakhstan?”, 23 October 2015, KIMEP, Almaty, Kazakhstan. International Workshop (2016). “Accessible tourism in the natural zones of Kazakhstan”, 02 June 2016, Almaty, Kazakhstan.
Teaching	· Advanced Marketing/Intermediate Marketing · Strategic Marketing · Cases in Marketing · Principles and Practices in Tourism · Hospitality Management · New Product Development · International Marketing · Research Methods in Marketing (Undergrad, Graduate) · Marketing Research (Undergrad, Graduate) · Cross-Cultural Marketing · Services Marketing (Undergrad, Graduate) · Marketing Management (MBA) · Special Topics in Marketing (DBA) · Research Methods (DBA) · Special Topics in Information Systems (DBA) · Marketing Research and Strategy (ExMBA) · Research Methods (ExMBA)
Awards	2017 – KIMEP University Faculty Teaching Excellence Award for 2016-2017 Academic Year.

Samuel Spector, Ph.D.

Associate Profesor of Marketing

Dr. Samuel Spector received his PhD in Tourism from the University of Otago in New Zealand. He was then a postdoctoral research fellow at the Centre for Sustainability at the same university before teaching at Queenstown Resort College in New Zealand, the University of Canterbury in New Zealand, and the University of Montana in the United States. He also holds a MA in Sport Management from Brock University in Canada. He has taught a wide variety of marketing and tourism courses. Dr. Spector’s research focuses on issues related to tourism and sustainability. He has more than 20 publications on topics including pro-environmental marketing in the skiing industry, tourism industry resilience to natural hazards, and sustainability issues in the space tourism sector.

Liza Rybina

Associate Profesor of Marketing

Education:

Doctor of Business Administration (DBA), KIMEP University.

Master of Business Administration (MBA), KIMEP University.

Diploma in Physics. Kazakh State University.

Overview:

Dr. Liza Rybina is an Associate Professor in Marketing at KIMEP University, Kazakhstan. Her educational background includes Diploma in physics from Kazakhstan National University (Almaty, 1992), Master of Business Administration (KIMEP University, Almaty, Kazakhstan, 1997), and Doctor of Business Administration with specialization in marketing (KIMEP University, Almaty, Kazakhstan, 2015). Her industry experience includes working as an Engineer at the Institute of Hydrometeorology and as a Sales Manager in a logistics company. Her teaching experience at KIMEP was enriched by Faculty Development Fellowship at the University of Northern Colorado, Vising Professorship at the University of Economics, European Study Abroad Centre, Prague, Czech Republic and University of Ljubljana, Slovenia. Dr. Rybina served as an Associate Dean of the College of Business and contributed to multiple committees at the university. She is the member of professional associations and serves at the Editorial board of Eurasia Journal of Business and Management. Her contribution to the development of business education was recognized by the Certificate of Honor from Ministry of Education and Science of Republic of Kazakhstan.

Research Interests:

Her research interests include health and spiritual tourism, bleisure tourism, social marketing, value cocreation, business education, information communication technologies, and business ethics.

Selected Publications:

1. Rybina, L., Garkavenko, V, Muratkyzy, K. & Kozhakhmetova, D. (2024). Environmentally Friendly Consumer Behavior of Millennials in Kazakhstan. The Journal of Economic Research & Business Administration. №3 (149). 23-33. https://doi.org/10.26577/be.2024-149-i3-02
2. Ostrovskiy, A., Garkavenko, V., & Rybina, L. (2021). Influence of socio-psychological factors on consumers purchasing behavior in Kazakhstan, The Service Industries Journal, 41:7-8, 527-552, DOI: 10.1080/02642069.2019.1601707 (SSCI, Scopus, Q1)
3. Rybina, L. (2021). Factors affecting usage of mobile payment services by youth in Kazakhstan. Innovative Marketing, 17(4), 103-110. doi:10.21511/im.17(4).2021.09 (Scopus, Q3)
4. Rybina, L. (2021). The impact of ethnocentrism and its antecedents on cultural heritage tourism along the Silk Road. Problems and Perspectives in Management, 19(1), 364-371. doi:10.21511/ppm.19(1).2021.31 (Scopus, Q2)
5. Rybina, L., & Lee, T. J. (2021). Traveler Motivation and Destination Loyalty: Visiting Sacred Places in Central Asia. Tourism and Hospitality, 2(1), 1–14. MDPI AG. Retrieved from http://dx.doi.org/10.3390/tourhosp2010001
6. Rybina, L., Garkavenko, V. (2020). THEORY OF REASONED ACTION AND ANTISMOKING SOCIAL MARKETING. The Journal of Economic Research & Business Administration, 2 (132). p. 120 – 128. https://doi.org/10.26577/be.2020.v132.i2.10
7. Rybina, L., Garkavenko, V. (2019). The Trends and Challenges of Social Marketing in Kazakhstan. The Journal of Economic Research & Business Administration, 4 (130), 4, 88-95. DOI: https://doi.org/10.26577/be-2019-4-e8
8. Alpeissova, A., Garkavenko, V., & Rybina, L. (2019). Characteristics of Innovative Organizations: the Case of Kazakhstan. Kazakh Economic Review, 3, 70-78.
9. Rybina, L. & Garkavenko, V. (2018). Public Health and Youth Health Risk Behavior in Central Asia. Journal of Applied Sciences Research, 14(6): pages 1-4. DOI: 10.22587/jasr.2018.14.6.1
10. Rybina, L. (2018). Understanding Religious Traveling from Central Asia to Saudi Arabia Using Cluster Analysis. Journal of Applied Sciences Research, 14(6): pages 5-10. DOI: 10.22587/jasr.2018.14.6.2
11. Dostiyarova, A. & Rybina, L. (2018). From Nomads Heritage to Future Energy at EXPO-Kazakhstan: A Study of Patriotism, Cosmopolitanism and Visitors’ Satisfaction. Bulletin of National Academy of Science of the Republic of Kazakhstan (Вестник НАН РК), 5, 101- 105.

Elmira Bogoviyeva, Ph.D.

Associate Professor of Marketing

Research and Publications:

Elmira Bogoviyeva, (2015) “The Effects of Reward Type and its Likelihood in Customer Brand Co-Creation Activity on Self-Brand Connection”, chapter in the book “Marketing Dynamism & Sustainability: Things Change, Things Stay the Same…”, ed. Leroy Robinson, Jr., published by Springer.

Nurlan Orazalin, Ph.D., DBA, CMA

Associate Professor of Accounting

Name	Nurlan S. Orazalin
Position	Assistant Professor
Contact detail	orazalin@kimep.kz 270-44-40, ext. 2183
Education background	Doctor of Business Administration in Accounting, KIMEP University, Kazakhstan Master of Science in Accounting, Texas A&M University, USA · Bachelor of Accounting and Auditing, Kazakh State Academy of Management, Kazakhstan · Certified Management Accountant, the Institute of Management Accountants, USA
Overview	Nurlan S. Orazalin has extensive teaching experience in the areas of accounting and finance. Dr. Orazalin has considerable practical and consulting experience and has worked with a variety of industries, including banking, oil and gas, constructions, communications, and manufacturing. In his current position, Dr. Orazalin teaches courses such as Introduction to Accounting, Managerial Accounting, Advanced Accounting, Financial Reporting and Management Control Systems, International Financial Reporting Standards (IFRS), Auditing, Financial Statement Analysis, Introduction to Finance, Modern Research in Accounting etc. He has DBA in accounting from KIMEP University, Kazakhstan and MS in accounting from Texas A&M University, USA. He is a Certified Management Accountant and a Member of the Institute of Management Accountants of USA, and provides consulting services for domestic and international companies/banks. His research and professional interests are primarily focused on financial reporting, corporate governance, corporate social responsibility, sustainability performance and integrated reporting, and fair value accounting. Dr. Orazalin is the author of several articles in peer- reviewed journals, book chapters, and conference proceedings. He received the best teacher award for outstanding teaching from KIMEP University in 2006 and the Kazakhstani business professor of the year award from the Lawyer, Academics and Consultants of Kazakhstan in 2009.
Research Interests	Corporate Governance and Corporate Governance Disclosures Corporate Social Responsibility Reporting Current topics in International Financial Reporting Standards Sustainability Performance and Integrated Reporting Accounting for derivatives and financial instruments Fair Value Accounting The Study of Capital Markets in Emerging Markets in CIS and Central Asia regions.
Selected Publications	· Orazalin, N. (2018), Working Capital Management and Firm Profitability: Evidence from Emerging Markets, International Journal of Business and Globalisation, accepted, forthcoming (SCOPUS listed) · Mahmood, M. and Orazalin, N. (2017), Green governance and sustainability reporting in Kazakhstan’s oil, gas, and mining sector: Evidence from a former USSR emerging economy , Journal of Cleaner Production, Volume 164, pp. 389-397 (SSCI and SCOPUS listed) · Orazalin, N., Mahmood M. and Lee, KJ. (2016), Corporate governance, financial crisis, and firm performance: Lessons from top Russian Banks, Corporate Governance: The international journal of business in society, Vol. 16 Issue 5, pp.798 – 814 (ABS and SCOPUS listed) · Orazalin, N., Makarov, R. and Ospanova M. (2015), Corporate Governance and Firm Performance in the Oil and Gas Industry of Russia, Journal of Business, Economics and Finance, Volume 4, Issue 4,pp. 710-722 · Orazalin N., Mahmood, M. and Lee, K.J. (2015), Bank Ownership and Performance: Evidence from Russia in a post crisis period, Journal of Accounting, Finance and Economics, Volume 5, No 1, pp. 46-55 · Mahmood, M., Orazalin, N. and Zhakupova, B., (2013), Fostering Creativity and Innovation Through Leadership, International Journal of Strategic Management, Volume 1, 2013, pp. 67-75 · Bhasin, M., Makarov. R. and Orazalin, N., (2012), The Determinants of Voluntary Disclosure in the Banking Sector of Kazakhstan, International Journal of Contemporary Business Studies, Volume 3, No. 3, pp. 60-71 · Absar, N., Orazalin, N. and Mahmood M. (2012), Human capital reporting in emerging economies: A comparative study on the banking industry of Kazakhstan and Bangladesh, Journal of Academy of Business and Economics, Vol. 12, No. 3, pp. 28-36 · Mailibayeva, Z., Makarov, R. and Orazalin, N. (2012), Financial Reporting Practices in Emerging Economy: Determinants of Cash Flow Reporting Methods in Kazakhstan, Journal of International Business and Economics, Volume 12, Issue 2, pp. 97-105 · Orazalin, N. and Lee S.H. (2011), Portfolio Diversification Effect in the Capital Market of Kazakhstan: Empirical study based on KASE index, Journal of International Finance Studies, Volume 11, No. 1, pp. 126-132 Book Chapters Makarov, R., Orazalin, N. and Mahmood M. (2014), “Corporate Governance and Voluntary Disclosure: A Study on the Banking Industry of Kazakhstan”, *Governance in the new era: Cases and perspectives from top to bottom and left to right* , Business Expert Press, New York, 2014. Conference Papers “Improving Regulatory Framework of Corporate Governance in Kazakhstan: The Role of International Organizations” (with Monowar Mahmood), International Conference: “Contested Global Governance, transformed Global Governors?” 2017, July, Bishkek, Kyrgyzstan “Working Capital Management and Firm Performance: Evidence from Emerging Markets”, KBTU Business School Conference 2017, Kazakh British Technical University, Almaty, Kazakhstan “The Effect of Corporate Governance on Sustainability Reporting”, 13th KIMEP International Research Conference (KIRC 2016). KIMEP. Almaty, Kazakhstan “Corporate Governance and Firm Performance in the Oil and Gas Industry of Russia”, Eurasia Business Research Conference 2014, World Business Institute, Istanbul, Turkey “Bank Ownership and Performance: Evidence from Russia in a post crisis period”, Eurasia Business Research Conference 2014, World Business Institute, Istanbul, Turkey “Human Capital Reporting in Emerging and Developing Economies: Comparative study based on Banking sectors of Bangladesh and Kazakhstan”, IABE Conference 2012, June, Venice, Italy “Financial Reporting Practices in Emerging Economy: Determinants of Cash Flow Reporting Methods in Kazakhstan”, the KIMEP International Conference 2012 (KIRC), KIMEP, Almaty, Kazakhstan “Portfolio Diversification Effect in the Capital Market of Kazakhstan: Empirical study based on KASE index” (with Sang Hoon Lee), IABE Conference 2011, June, Barcelona, Spain “Business Combinations in the CIS – The Role of Individual Agents in Accounting for Control” (with Gavin Kretzschmar and Rashid Makarov), the KIMEP International Conference 2011 (KIRC), KIMEP, Almaty, Kazakhstan “Do Revaluations of Fixed Assets Really Provide Reliable Measurement in Financial Reporting?” 6th KIMEP International Research Conference (KIRC 2009). KIMEP. Almaty, Kazakhstan «Анализ финансового положения хозяйствующего субьекта». XXI век: Бухгалтерский учет и Аудит в Республике Казахстан. Конференция в КазГАУ. Алматы, Казахстан
Teaching	Current Courses Taught · Financial Accounting · Management Accounting · Selected Topics in Accounting · International Financial Reporting Standards · Modern Research Studies in Accounting · Auditing
Grants
Awards	Best Paper Award, awarded at Eurasia Business Research Conference, 16-18 June 2014, Istanbul Turkey, by World Business Institute Kazakhstani Business Professor of the Year Award, awarded at the 2009 Lawyer, Academics and Consultants Awards. Almaty, Kazakhstan, 2009

Stephane Bignoux, Ph.D.

Associate Professor of Management

Dr. Bignoux is an Associate Professor of Management at KIMEP University. He has a PhD in Business from Macquarie University, Sydney, an MA in Knowledge Management from the University of Technology, Sydney; and MBA in Marketing Management from Western Sydney University. Dr. Bignoux has two main streams of research, one in teaching and learning and the other in the management of inter-firm relationships. More specifically he studies the management of cooperative buyer-supplier partnerships and the formulation and implementation of supplier strategies. He has been published in several journals on the topic of teaching and learning and supplier strategies and he regularly presents his work at academic conferences around the world.

Alma Alpeissova, DBA, MA

Assistant Professor of Management

EDUCATION

Columbia University

Graduate School of Arts and

Sciences, Department of Sociology

MA Research Thesis:

GPA:

Awards:

New York, NY, MA (Master of Arts), May 2001

1. Human Resource Development

2. Managing Change

3.53/4.00

‘Bolashak’ Scholarship of the President of Kazakhstan

Kazakh State National University

Faculty of Economics and Sociology

Department of Sociology

Diploma thesis:

GPA:

Awards:

Almaty, Kazakhstan, Diploma with Honors

(5- year course), September 1991 – June 1996

Modern Theories of Motivation

4.89/5.00

Honor Certificate from the Ministry of Education of Kazakhstan at Student Scientific Conference for the Research Paper ‘Motivation of work in Modern Organizations’

Professional Experience

Darden Graduate School of Business Administration

University of Virginia

Charlottesville, VA, USA

AES – Emerging Leaders Program Certificate

January 22 – February 3, 2006

EMPLOYMENT

KIMEP University

Bang College of Business

KIMEP Leadership Development Program

Executive Education Center

Executive MBA

KIMEP University

Bang College of Business

Management and Marketing Department

Almaty, Kazakhstan

Position: Program Instructor

January 2010 – present

Position: Senior Lecturer

Courses delivered: Organizational Behavior, Leadership and Ethics

Spring 2012 – present

Almaty, Kazakhstan

Position: Senior Lecturer

August 2003 – present

AES Corporation

Leadership Learning Center

Ust-Kamenogorsk, Kazakhstan

Position: Corporate Trainer

September 2006 – May 2007

KIMEP University

C enter for Executive Education and Professional Development

Almaty, Kazakhstan

Position: Part-time Instructor

Seminars delivered:

Power and Influence

Human Resources Management

Effective Leadership

Key Management Skills

Business Communication

Time Management

Leadership and Motivation

Performance Appraisal

December 2005 – July 2010

UNDP Kazakhstan

Astana, Kazakhstan

Position: Consultant

Project “Medium Term Recommendations on Reform of State Management ”

June 2002 – July 2003

JSC “Astana-Holding”

Almaty, Kazakhstan

Position: HR Department Director

March 2002 – June 2002

Columbia University

Mailman School of Public Health

Department of Epidemiology

New York, NY

Position: Research Assistant

The National Collaborative Prenatal Project

May 2001 – February 2002

Suleyman Demirel University

Faculty of Economics

Almaty, Kazakhstan

Position: Lecturer

October 1999 – July 2000

Research Profile

Alma Alpeissova

Senior Lecturer, Bang College of Business

MA (Columbia University, NYC, USA)

Research area and interests: Strategic Human Resources Management, Organizational Behavior, Leadership and Motivation, Innovation Management, Labor Economics, Change Management

Main Publications:

Gurumurthy, K., Gupta, D., Alpeissova, A., Gimranova, D., (2011).The Effect of Direct Advertising to Consumers (DTCA) on Market Share and Quantity in Pharmaceutical Drugs and Consumer Welfare.47th Annual MBAA International Conference, Chicago.

This research paper has been judged to be “2011 Best Paper Award in Pharmacoeconomics, Pharmaceutical Industry and Wellness Track”.

Abdymomunov, A., Tatikova, L., Alpeissova, A., Imanaliyev, Z., Suleimenov, E., Zhamankulova, Z., Ismailova, S., Dosova, Z., Teremov, T., Shokamanov, Y., Amirkhanova M., Tasbulatova, S., Beloslyudtseva, V., (2004). Education for All: The Key Goal for a New Millennium. National Human Development Report 2004”, UNDP, Kazakhstan

Rybina, L., Alpeissova, A., (2005). Dishonesty in Academics and Business: Evaluation of Student Attitudes. V KIMEP International Research Conference (KIRC 2005): proceedings. October, 2005, Almaty, Kazakhstan

Alpeissova A., Gimranova, D., (2009). Human Resource Management Problems and Opportunities at the time of economic crisis: the Kazakhstan Perspective. VI KIMEP International Research Conference (KIRC 2009): proceedings. April 2009, Almaty, Kazakhstan

Alpeissova, A. & Rybina, L. (2014). Case Study Discussion: Graduate and Undergraduate Experiences. In Business Education in Central Asia: Best Practices in Integrative Study and Teaching [edited by] Kathryn Nantz. U.S.-Cenral Asia Education Foundation. pp.111-120.

Rybina, L. & Alpeissova, A. (2014). Employing student self-guided learning to bring undated and localized content to your classroom. In Business Education in Central Asia: Best Practices in Integrative Study and Teaching [edited by] Kathryn Nantz. U.S.-Cenral Asia Education Foundation. pp.19-28.

Conference Proceedings:

Humphrey J., Alpeissova A., Rybina L. (2010). Doing Research in Kazakhstan: The Challenges of International Context Studies. VII KIMEP International Research Conference (KIRC 2010): proceedings. March 2010, Almaty, Kazakhstan

This research paper has been judged to be “2011 Best Paper Award in Pharmacoeconomics, Pharmaceutical Industry and Wellness Track.

Gimranova, D., Alpeissova, A., Gurumurthy, K., (2011) Innovative Teaching Methodology: Leadership Development Program at the Kazakhstan Institute of Management, Economics, and Strategic Research (KIMEP), Accepted for the VIII KIMEP International Research Conference (8 ^th KIRC), April 22-23, 2011 , Almaty, Kazakhstan.

Gimranova, D., Alpeissova, A. (2011) Leadership education and corporate engagement in world class business education: the case of the Leadership Development Program at KIMEP. NU International Conference “Contemporary Trends in Education – 2011”, November 17-18, Astana, Kazakhstan.

Mahmood, M., Alpeissova, A., (2011) Impact of Learning Culture on Employee Performance: A Comparative Study of Private and Public Sector Organizations in Kazakhstan. Accepted for the VIII KIMEP International Research Conference (8 ^th KIRC), April 22-23, 2011 , Almaty, Kazakhstan.

Alpeissova, A., Baikenova, Zh, Gimranova D., Gurumurthy, K. (2012) Pharmaceutical Industry Management Challenges in Kazakhstan. 48th Annual MBAA International Conference – 2012

March 28-30, 2012, Chicago, IL, USA

Baikenova, Zh, Gimranova, D., Alpeissova, A. (2012) Major forces affecting the pharmaceutical industry development in Kazakhstan. KIRC 2012, April 19-21, 2012, Almaty, Kazakhstan.

Zholdybayeva, A., Baikenova, Zh., Gimranova, D., Alpeissova, A. (2013) Analysis of the Integrated Medical Information System Implementation: the Case of Healthcare Organizations in the Republic of Kazakhstan 49th Annual MBAA International Conference – 2013, February 23-25, 2013, Chicago, IL, USA

Alpeissova, A., Gimranova, D. (2013) Employee Motivation System Effectiveness: the case of Kazakhstan Distribution Company, KIRC 2013, April 4-6, 2013, Almaty, Kazakhstan.

Erdener, C., Alpeissova, A. (2014) The Challenges of Managing in Syncretic Cultures, KIRC 2014, April 3-5, 2014, Almaty, Kazakhstan.

Alpeissova, A., Rybina, L. (2015) The Factors Influencing Employee Satisfaction In The Services Companies In Kazakhstan. International Conference on Multidisciplinary Innovation in Academic

Research (MIAR 2015). July 29-30, 2015, Almaty, Kazakhstan.

Alpeissova, A., Rybina, L. (2015) Social Marketing and Youth Addictive Behavior: Mixed Methods

Research Approach. International Conference on Multidisciplinary Innovation in Academic

Research (MIAR 2015). July 29-30, 2015, Almaty, Kazakhstan.

Academic supervision:

Industry research projects performed by the students of the Leadership Development Program accepted for the KIMEP VIII International Research Conference (8 ^th KIRC), Almaty, Kazakhstan

Alma Alpeissova and Dilbar Gimranova (2011), The Employee Motivation in Volunteering Organizations: Alumni Leaders League, Kazakhstan

Dilbar Gimranova and Alma Alpeissova, Company supervision: Guenter Dahm, CEO, Microsoft Kazakhstan (2011), The ICT Development index in Kazakhstan: The focus on business environment

Dilbar Gimranova and Alma Alpeissova, Company supervision: Prasad Abraham, CEO, Al Hilal Bank Kazakhstan (2011), Islamic Banking in the Republic of Kazakhstan: The Al Hilal Bank Market Entry Challenges

Dilbar Gimranova and Alma Alpeissova, Company supervision: Mukhtar Mussabetov, Managing Partner, ICC Business Advisors (2011), Leadership of the Kazakhstan banking system in the CIS. Myth or Reality?

Dilbar Gimranova, Alma Alpeissova, Vladimir Garkavenko, Company supervision: Guenter Dahm, CEO, Microsoft Kazakhstan (2011), Innovation Management: A Critical analysis of the government initiatives to foster innovation in Kazakhstan

Ali Alipour, Ph.D.

Assistant Professor of Management

Dr. Ali Alipour is an Assistant Professor of International Business at the Bang College of Business, KIMEP University. He earned his PhD from Sabanci Business School, Sabanci University, Turkey, and holds an MA in Human Resource Management from the University of Tehran. Before joining KIMEP University, Ali served as an Assistant Professor at Ozyegin University.

Ali's research interests include International Management, Cross-Cultural Management, and Strategy, with a particular focus on how firms' institutional environments influence their behaviors and routines. His work bridges international management and strategic management, contributing to the understanding of the relationship between organizational behavior and institutional contexts. His research also intersects with strategic management, institutional theory, and finance, particularly in the areas of cash holdings, cross-cultural management, and the behavioral theory of the firm.

Ali's publications have appeared in prominent journals such as the Journal of Business Research, Journal of International Management, and Cross-Cultural and Strategic Management.

Alexander Ostrovsky, DBA

Assistant Professor of Marketing

Name	Alexander Ostrovsky
Position	Assistant Professor of Marketing
Contact detail	aostrovs@kimep.kz, ex) 2288
Education background	DBA (Marketing studies), KIMEP University MBA, KIMEP University
Overview	Professor Ostrovsky’s primary research interest focuses on investigation and identification of social factors influencing on purchasing behavior of Kazakhstani consumers toward products manufactured in countries of Eurasian Economic Union and delivered on Kazakhstani market.
Research Interests	Consumer behavior: Investigation of Kazakhstani consumers’ reactions toward products manufactured and delivered to the Kazakhstan from countries – members of Eurasian Economic Union, namely Kyrgyzstan and Armenia. Study reactions and preferences of Kazakhstani consumers toward products produced and delivered from China and Turkey, foreign products represented by specific trade categories. Investigation of influence of consumer ethnocentrism’s antecedents, such as socio-psychological, economic, political or demographic predictors on consumers’ preferences in purchasing of services or products.
Selected Publications	Article (In process) · Ostrovsky, A., Garkavenko, V. & Rybina, L. (2018). Silk Road trade: Influence of consumer behaviour factors on service and products purchasing by Kazakhstani consumers. Service Industries Journal Conference Papers · The 1st Global Congress of Special Interest Tourism & Hospitality in June 2017, Japan. Liza Rybina, Vladimir Garkavenko, & Alexander Ostrovsky, “Transition Age Youth’s Conflict Resolution Strategies in Selecting Travel Destination by Tourists from Central Asia” · 14th KIMEP International Research Conference in April 2017, Alexander Ostrovsky/ Vladimir Garkavenko/ Liza Rybina “Application of mixed methods in marketing research”, Alexander Ostrovsky/ Vladimir Garkavenko/ Liza Rybina “Consumer animosity and conservatism of Kazakhstani consumers toward foreign products · International Conference on “Multidisciplinary Innovation in Academic Research” (MIAR-2015), July 29-30, Almaty, Kazakhstan, Alexander Ostrovsky “Interaction of Consumer Ethnocentrism and Country-of-origin with Buying Preferences of Kazakhstani Consumers” · 12th KIMEP International Research Conference, Kazakhstan, Almaty, in April 2015, Liza Rybina, Alexander Ostrovsky “A Comparison of Attitudes towards Mobile Advertising between Youth and Adults in Kazakhstan” and ”University Marketing and Consumer Preferences of University Selection Criteria in Kazakhstan · 11th KIMEP International Research Conference, Kazakhstan, Almaty, in April 2014, Liza Rybina, Alexander Ostrovsky “The Role of Marketing in formation of Corporate Culture of Kazakhstani companies” and” Social marketing as a part of brand platform building”. · 10th KIMEP International Research Conference, Kazakhstan, Almaty, in April 2013, Liza Rybina, Alexander Ostrovsky “The Impact of Consumer Ethnocentrism on Airline Preference among Kazakhstani Travelers”. · 9th KIMEP International Research Conference, Kazakhstan, Almaty, in April 2012, Alexander Ostrovsky, Liza Rybina “The effects of consumer ethnocentrism and country of origin on consumers’ preferences in Kazakhstan” and “Gender differences in negative expectances of smoking among youth in Kazakhstan”. · “Second International Conference on Globalization and Consumer Protection”, India, Kalasalingam University, in January 2011, Monowar Mahmood, Alexander Ostrovsky “Materialism and frugality in economic recession, a study on university students in Bangladesh” (article in the conference book)
Teaching	Current Courses Taught · Principles of Marketing · Strategic Marketing · Consumer Behavior · Fundamentals of Selling · Retailing · Marketing Communications · Cases in marketing and management · Marketing Management
Grants
Awards	· Recognition as best teacher in 2016.

Jeremy Brown

Assistant Professor of OMIS

Dr. Jeremy Brown received his doctorate in Information Systems from the Faculty of Applied Technology at the University of Sunderland (UK), where he investigated factors affecting the use of telecentres in rural communities. He also holds an MSc in Computer Based Information Systems from the Faculty of Computing (University of Sunderland, UK) and a BEd in Business Studies from the Faculty of Education (University of Sunderland, UK).

He has spent over 20 years teaching and researching in Information Systems, eLearning, IT Governance and Community Informatics. He has published in Scopus journals including “Information Technology for Development” and “Information Research”.

Prior to joining KIMEP University he worked within the MIS group at Sohar University where he was the MBA program coordinator. His teaching is mostly centered upon Management Information Systems, Project Management, Systems Analysis and Design and Database Design and Development. He has taught internationally at universities in; Saudi Arabia, UK, Japan, Singapore, New Zealand, Ireland, Brunei and Oman. He joined Universiti Brunei Darussalam in 2005, where he played a central role in the implementation of eLearning systems in higher education throughout Brunei.

Hamza Habis To'ma Almustafa, Ph.D.

Assistant Professor of Finance

Dr. Hamza Almustafa is an Assistant Professor of Finance at the Department of Accounting and Finance, KIMEP University, Kazakhstan. He received his Ph.D. in Finance from The University of Salford, UK, in 2017. His research interests include, but are not limited to, corporate governance, corporate finance,institutional determinants of corporate-level policy, and corporate risk management. He has already published several research articles in Scopus indexed journals.

Hala Abdelmoneim Abdallah Abdelgaffar, PhD

Assistant Professor of Management

Hala Abdelgaffar is an Assistant Professor of Human Resource Management and Organizational Behavior at KIMEP University.

Disciplines

Management
Human Resources
Organizational Studies

Research Interests

She is predominantly interested in the individual behavior and organizational socio-cultural climate and norms that influence the effectiveness of core human resource management processes, and the challenges facing business schools in mainstreaming responsible management education in their academic activities and practices. Her current research focuses on career shock facing employees during crises, workplace challenges facing females in the MENA region, and psycho-social behaviors at the workplace. She has a wide portfolio of teaching expertise in OB and HRM at various levels of Higher Education (Undergraduate, Master, and MBA), and she has previously held teaching posts at Estonian Business School (EBS) and the American University in Cairo (AUC).

Hala’s research interests lie at the heart of human resource management examining how individuals can be motivated, inspired, engaged, and developed to perform better and more effectively. Her work has been published in leading academic journals including the Journal of Management Development; The International Journal of Management Education; Journal of Workplace Learning; International Journal of Public Administration; International Journal of Organizational Analysis; Equality, Diversity, and Inclusion: An International Journal; International Journal of Contemporary Hospitality Management; Management of Environmental Quality: An International Journal; International Journal of Organizational Analysis; International Journal of Culture Tourism and Hospitality Research; Journal of Family Business Management; Tourism and Hospitality Research; and Asia-Pacific Journal of Business Administration.

Awards and Recognition

Hala’s Ph.D. thesis review article on ‘Responsible Management Education: practices, outcomes, and Challenges’ won the 2022 Emerald Literati Award for Outstanding Paper. She graduated with an honorary BA in English language and literature, traveled as a Fulbright scholar to complete the international teacher training institute at Saint Bernardino, California, U.S.A., became a university fellow at AUC, Egypt, then later an international examiner for Cambridge Australia, and a certified UKIV and Life Skills examiner, Cambridge, UK, and was recently nominated and completed content creation for an open access national mega project with AUC.

Teaching

Her teaching, mentorship, and workshops are infused with insights from her research and consultancy, as well as her strong international experience (aside from her homeland Egypt, she has lived, worked, and/or studied as an academic scholar in Estonia, Germany, Belgium, Switzerland, U.S.A., and the Netherlands).

She is highly committed to the future of management education, and she is particularly interested in the development of early-career academicians.

Maya Katenova, DBA

Assistant Professor of Finance

Muhammad Imran, Ph.D.

Assistant Professor of Management

Dr. Muhammad Imran earned his PhD in Industrial and Management Engineering from Hanyang University, South Korea, specializing in operations and supply chain management. He brings a wealth of experience in teaching, research, and consultancy, having worked with diverse organizations across industries such as manufacturing, hospitality, and logistics. His professional journey includes roles as a manager and consultant, as well as significant academic contributions as a Research Associate at Hanyang University and over five years of faculty experience at the National University of Sciences and Technology (NUST), Islamabad, and the Institute of Business Administration (IBA), Karachi, Pakistan. He has supervised numerous graduate and undergraduate students in his research areas, which include business modeling and simulation, optimization, healthcare supply chain management, and humanitarian supply chain management. Currently, Muhammad Imran is a faculty member at KIMEP University, Almaty, Kazakhstan.

Uzhegova Olga, DBA

Assistant Professor of Finance

EDUCATION

DBA, Major in Finance, KIMEP University, 2010

Dissertation Topic: “The Relative Importance of Bank-Specific and Environmental Factors for Bank Profitability
in Developed and Emerging Economies”

MBA, Major in Finance and Accounting, Kazakhstan Institute of Management, Economics and Strategic Research under the President of the Republic of Kazakhstan (KIMEP), 2001

Processing Engineer , Almaty Technological Institute, 1999

WORK EXPERIENCE

TeachingExperience

KIMEP University, Assistant Professor of Finance, Fall 2010‐Spring 2013, June 2014 – Present
KIMEP University, Part-time lecturer (Evening MBA program), September 2002 – 2004

AdministrativeExperience

Associate Vice President, Administration and Planning, KIMEP U., December 20, 2013 ‐ May 31, 2014
Deputy to the President for Government Relations & Development, KIMEP U., Mid-January 2012- December 19, 2013
Corporate Secretary,KIMEP U., November 2004- present
Director of Development, KIMEP, September 2008- Mid-January 2012
Director of Joint-Stock Company Affairs, KIMEP, November 2004 – August 2008
Executive Assistant to the Vice President, External Affairs, KIMEP, February 2002 – November 2004

RESEARCH INTERESTS

Corporate Governance, Financial Risks: Hedging and Arbitrage

Phone: 270-42-06, 270-44-40 ext. 2016

Office: 104/adm

E-mail: uzhegova@kimep.kz

Phone: 270-42-06, 270-44-40 ext. 2016Office: 104/adm E-mail: uzhegova@kimep.kz

Zhanat Syzdykov, MPA

Assistant Professor on Special Appointment Accounting

Zhanat Syzdykov, DBA

Associate Dean of Graduate Programs

Experience:

17 years of teaching experience;
5+ years of industry experience in private sector;
10+ year of consultancy experience

Education:

2011 DBA Student, KIMEP, Almaty, Kazakhstan
2001 Petroleum Accounting Certificate, South Alberta Institute of Tehcnology, Calgary, Canada
1998 Masters Studies in Accounting and Finance, Copenhagen Business School, Copenhagen, Denmark
1996 MPA, KIMEP, Almaty, Kazakhstan
1992 Bachelor in Mathematics, Buketov Karaganda State University, Kazakhstan

Professional Certifications:

Diploma in IFRS, ACCA,
Certified Auditor of the RK, 2010
CIPA, 2011
Certified Professional Accountant, 2011

Work experience:

08.2010 – 03.2013; Director of Executive MBA Program, KIMEP, Almaty
01.2010 – 08.2010; Audit Partner, SAF Audit LLP, Almaty
2005 – 2010; Head of Audit Department/ Audit Manager; KPMG Audit, Astana
2002 – 2003; Vice-President Finance, Logycom JSC, Almaty
2000 – 2002; PwC Kazakhstan; Assistant Manager TLS, Almaty
1996 – 2000; Senior Lecturer, KIMEP, Almaty
1995 – 1997; Audit Staff, Senior Consultant; KPMG, Almaty
1992 – 1994; Senior Specialist, Akimat (City municipality); Kokshetau

Professional Associations:

Chamber of Auditor of the RK;
Member of the Examinations and Qualification Committee of the Chamber of Auditors;
Member of DipIFR Institute, Russia, subsidiary of the ACCA, the UK
Independent director at the Board of Directors, SK Leasing JSC; since June 2010

Courses taught:

ACC5212 Financial Statements Analysis
ACC 5202 Managerial Accounting
ACC 5208 International Financial Reporting Standards
ACC 5201 Financial Accounting for Managers
ACC 5001 Foundation of Accounting
ACC 5260 Selected Topics in Accounting: Petroleum Accounting
EBA 5206 Accounting and Finance: Theory and Applications
EBA 5221 Management Control Systems
ACC 4203 Auditing
ACC 3299 Oil and Gas Accounting
FIN 5001 Foundation of Finance
ACC 3101 Financial Accounting II
ACC 2102 Financial Accounting I
ACC 2101 Financial Accounting

Teaching interest:

Courses taught as above; development and preparation of new courses in line with new MSc in Accounting Program requirements.

Professional Training Experience:

Delivered professional tailor made training:

40-hours seminar International Financial Reporting Standards in 8 major cities of Kazakhstan under the umbrella of the Ministry of Finance of the RK: Kostanay; Karagandy, Shymkent, Taraz, Taldy Korgan, Aktau, Pavlodar, Uralsk.
Advanced IFRS Trainings and Tailor made trainings for: KazMunayGas JSC: United Centre for Professional Development; AgipKCO; Mangistaumunaygas JSC; Ulba Metallurgical Plant JSC; Halyk Savings Bank Kazakhstan JSC, BTA Bank JSC, Altel JSC; etc.
Financial Management; Petroleum Accounting; Cost Management in Oil & Gas for OzenMunayGas PF; KazMunayGas JSC;
Tailor made trainings for selected IFRS/IAS – Agrofirm TNK LLC; BayanSulu JSC; Saryarka Airport JSC; Shymkent Oblast Tax Committee; Kostanay Oblast Regional Department of Finance; MAEK Kazatomprom LLC; PKF Alina, Almaty Oblast Tax Committee and others.
Participated in the project for adoption of the International Standards on Auditing in the RK as a part of Chamber of Auditors of the RK project.

Research interests:

“Related parties, corporate governance and company performance” in international business arena.
Corporate Governance Implications in Developing Countries;
Quality of Accounting Information Affecting Investors’ Choice;
Impact of Accounting Framework Choice Upon Performance of the Enterprises in Emerging Economies.

Publications:

Zhanat Syzdykov, Madi Mashakov, “Exploratory Study of Liquidity and Corporate Governance Association with Firm Performance: Kazakhstan Experience”; AFBE Journal Volume 6, No. 1, June, 2013; ISSN 2071 – 7873

Madi Mashakov, Zhanat Syzdykov, “Pension Funds in Kazakhstan”; KIRC 2013, Almaty;

Privatization in Kazakhstan; 1996; Civic Education Project; Conference proceedings at Nizhniy Novgorod, Russia;
Privatization and the Role of Foreign investor. A Pilot Study of Kazakhstan Experience; in cooperation with Jens Erik Torp; Peter Rekve; CAMAN Journal; January 2000

Akhliddin Ismailov, MBA

Senior Lecturer of Finance

Doctoral Student at KIMEP

Education:
MBA, Ankara University, 1999-2002
Yasawi International Kazakh- Turkish University

Contact info:
Tel: 270-44-40 Ext: 2140
Office: 318 / Dostyk bld
Email: ismailov@kimep.kz

Bibigul Zhakupova, MA

Senior Lecturer of Accounting

Senior Lecturer, from 2017 Doctoral student at KIMEP

Short biography:

Work experience includes working for the State Committee on Financial Control (Senior inspector), BG (British Gas) Kazakhstan (Chief Accountant), Foradex S.A. (Chief Accountant), KIMEP (Senior lecturer).

Education:
MS in Educational Administration and Policy Studies, SUNY Albany, 2009
MA in Economics, KIMEP, 1998
BA in Finance, Karaganda State University, 1993

Courses taught at KIMEP:

Financial Accounting I, Financial Accounting II, Intermediate Financial Accounting I, Intermediate Financial Accounting II, Advanced Financial Accounting I, Advanced Financial Accounting II, Management Accounting I, Management Accounting II.

Research interests:

The relationship between financial incentives and the quality of education at the state and institutional level.

Contact info:

Tel: 270-44-40 Ext: 2062
Office: 313 / Dostyk bld
Email: zbibigul@kimep.kz

Saule Dyussembina, CMA, MBA, MPhil

Senior Lecturer in Accounting

Senior Lecturer in Accounting

Oleg Vlassov, MBA

Senior Lecturer of OMIS

Oleg Vla sov, MBA, S enior Lecturer

Oleg Vlasov is a Senior Lecturer of Information Systems and Accounting courses at the Bang College of Business, KIMEP University. Oleg joined the University faculty after receiving MBA degree. He has working experience as Financial Manager and Accountant. Currently, he teaches courses in Information Technology, Accounting and Management. Oleg has been actively involved in activities and development of the college – participated in creation of the first issue of KIMEP Yearbook, developed and has supported the department’s website, as well as developed online content for information systems courses. He is the author of numerous publications in scientific journals and international research conferences, as well as author of 1000+ pages of methodological materials for computerized accounting course on the basis of 1C: Enterprise 8.2. His research interests areas are business process optimization, E-learning, security of Information Systems, and development of business cases for Information Systems courses. The main mission is sharing his experience and knowledge to others through teaching, research, and participation in international research activities.

Contact information

050010, 2 Abai ave., Almaty, KIMEP University.
office: 418/adm.
e-mail: olegvl@kimep.kz
phone: (727) 270-44-40 ext. 2064

Courses taught

IS 5211/IS 3211/ACC 3212 Accounting Information Systems (master and bachelor students)
IS 5201/IS 2203 Management Information Systems (master and bachelor students)
IS 2201 Computer Applications in Business
GEN 2301 Business Computer Applications
GEN 1300 Introduction to Computers
Enterprise Information Systems
Introduction to Information Systems
Introduction to Computer Science and Information Technologies
Accounting II
Fundamentals of Business Administration

Teaching/Research Interests

Teaching Interests:

Accounting Information Systems
Spreadsheet Based Decision Making, Simulation, and Financial Modeling
Algorithms and Data Structures
Programming Languages

Research Interests:

Business processes optimization
E-Learning
Computer aided Decision Support Systems (DSS)
Cloud services
Enterprise Resources Planning (ERP) systems
Computerized accounting technologies
Security of Information Systems
3D technologies

Education:
MBA, Kazakhstan Institute of Management, Economics and Strategic Research (KIMEP), Major: Finance and Accounting, 1998-2001.

Diploma with Highest Honors in Economics and Management, Kazakhstan Academy of Transport and Communications, Department of Economics, Degree: engineer-economist, 1993-1997, GPA: 4.9/5.0 (equivalent to “Summa Cum Laude”) (in the list of top 3% of graduates)

Winner of the Golden Medal (Certificate of Special Standard) (equivalent to “Altyn Belgi”) for academic excellence, GPA: 5.0/5.0 (the best score among all graduates)

Publications in Scientific Peer-Review Journals (PRJs)

Baizyldayeva, U., Vlasov, O., Utepbergenov, I.T. (2013) “Decision Steps on Adoption of Learning Management Systems in Kazakhstan: Perspectives for Improving Studying Efficiency”, World Applied Sciences Journal 23 (3): pp.376-382, ISSN 1818-4952.

Selected International Research Conference Proceedings

1) Baizyldayeva, U., Vlasov, O. (2013) “Comparative Analysis of Multi-Criteria Decision Support Systems”, in Proceedings from First Eurasian Conference on Applied Sciences 2013 ( ECAS ’13), October 19-20, Park resort “Eight Lakes”, Almaty.

2) Vlasov, O. (2013) “Anti-Plagiarism Software: Perspectives for Implementation in Institutions of Higher Education in Kazakhstan”, in Proceedings from Xth KIMEP International Research Conference (KIRC 2013) “Central Asia in the Global Community: Challenges and Opportunities”, Almaty, April 4-6, ISBN 9965-9047-5-8, pp. 158 – 161.

3) Vlasov, O., Suyundukova, R., Fidirko, N., Bragina, L., Zaitseva, M. (2013) “Efficiency of Introducing Learning and Course Management Systems in Kazakhstan: Comparative Study”, in Proceedings from Xth KIMEP International Research Conference (KIRC 2013) “Central Asia in the Global Community: Challenges and Opportunities”, Almaty, April 4-6, ISBN 9965-9047-5-8, pp. 152 – 157.

4) Vlasov, O. (2013) “Securing Private Information in Social Networks: Risks and Challenges in a New Information Age”, in Proceedings from Xth KIMEP International Research Conference (KIRC 2013) “Central Asia in the Global Community: Challenges and Opportunities”, Almaty, April 4-6, ISBN 9965-9047-5-8, pp. 148 – 151.

5) Suyundukova, R., Fidirko, N., Zaitseva, M., Bragina, L., Vlasov, O. (2012) “Distance Learning in a Teaching Process”, in Proceedings from IX KIMEP International Research Conference (KIRC 2012) “Central Asia: Regionalization vs. Globalization”, Almaty, April 19-21, pp.154 – 155.

6) Vlasov, O., Voinov, V. (2006) “On Optimizing Advertising Activities of a Company”, in Proceedings from V Annual KIMEP International Research Conference “Changing Society through Research and Practice”, Almaty, pp. 155 – 161.

7) Vlasov, O., Voinov, V., Kini, R., Pya, N. (2003) “A Multivariate Statistical Model of a Firm’s Advertising Activities and their Financial Implications”, in Proceedings of the International Conference “Advances in Statistical Inferential Methods: Theory and Applications”, June 9-12, 2003, KIMEP, “Gylym”, Almaty, pp. 471 – 476.

Working Experience

Served as Acting Chair of Operations Management and Information Systems Department

12 years of uninterrupted teaching experience at the Western-style University/Institute

Taught required and elective/specialization courses for full-time Master (graduate) and Bachelor (undergraduate) students, as well as elective courses for graduate students of the College of Continuing Education (CCE).

Has developed more than 1,000 pages of copyright methodological materials for the course “Accounting Information Systems” (based on 1C: Accounting 8.2)

Has worked as Financial Manager and Accountant in a closed joint-stock company/joint venture with U.S. contribution.

Community Service

Assisted in the organization of KIMEP International Research Conference;

Has served as a member of the following committees: “Tenure and Promotion Committee”, “Curriculum and Academic Integrity (CAI) Committee”, “Academic Planning and Scheduling Committee”, “B.Sc. Program Committee”, “Budgeting Committee”, and “Students Disciplinary Committee”.

Developed and maintained the department section of KIMEP website;

Participated in updating College section of KIMEP website;

Maintains a system of online testing, file and web servers of the Department;

Participated many times in preparation of students for passing Interim Tests and state Exit Tests (in the field “Informatics”) held by the Ministry of Education and Science (MES), worked as a member of Appeal Committee for considering appeals of students; created a computerized system for automatic calculation of tests results.

Prepared materials for academic subjects offered by the Department for the Annual KIMEP catalog;

Took an active part in attracting students to courses offered by the department, and in preparation of promotional materials for prospective students;

Took part in numerous Open House Days hosted by KIMEP University, created promotional presentations for attracting prospective students;

Leaded a section of KIMEP Sunday English Club – aiming to provide free study of English to schoolchildren of Almaty;

Participated in creation of the first KIMEP Yearbook.

Professional Qualifications and Certificates

Knowledge of international (IAS/IFRS) and national (NFRS) accounting standards, Tax Code of the Republic of Kazakhstan, as well as current accounting and tax legislation of Kazakhstan.

Additional specialties: Accountant (Certificate), User of 1C: Accounting software (Certificate)

Level 2 Certificate in Business Writing (London Chamber of Commerce and Industry) – passed with Distinction

First Certificate in English (FCE) (British Council), 2001.

Letters of Appreciation

Letter of Appreciation from Undergraduate Admissions Office for successfully leading a section of KIMEP University Sunday English Club for schoolchildren of Almaty.

Sports
Oleg is an active dancer and participant of performances in sports ballroom dancing, he also studied modern dance choreography .

Coaches: Nikolay Zhuk, Natalia Klimenchuk ( Dance club “Fiesta”) (current), Valentina Evseeva, Kuat Mirhamit (DSC “Raduga”) (current); Yelena Kibler, Irina Burtovenko, Richard Rakhmatulin, Bakhtiar Ashirov ( Dance school “Vivat”), Elena Galyandina, Liliya Harchilina (DSC “Telemark”), as well as coaches of DSC “Kamelliya”.

See: Oleg Vlasov, Xeniya Efremova – “Paso Doble” – Performance at the Gala Show of “Star Waltz 2013” Dance Competition (23.06.2013), Almaty, Kazakhstan. (original video filmed in 3D)

See also on Google: “Олег Власов” пасодобль

Other sports: track and field, rifle shooting (have sports category), Greco-Roman wrestling.

Ruslan Safarov, MSc

Senior Lecturer of Accounting

Name	Ruslan Safarov
Position	Senior Lecturer of Accounting
Contact detail	r.safarov@kimep.kz ; office phone: 270-44-40, ext. 2251
Education background	MSc (International Accounting and Finance), Cass Business School, City University London, UK BSc (Business Administration and Accounting), KIMEP, Kazakhstan
Certifications	Member of Association of Chartered Certified Accountants (ACCA)
Teaching	Current Courses Taught – Professional Auditing – Intermediate Accounting – Financial Accounting
Practical Experience	Ruslan has seven years of experience in audit and preparation of the financial statements in accordance with the International Financial Reporting Standards. Being part of UK team during 2013-2015 Ruslan was deeply involved into the audit of cross national companies with headquarters based in UK, US and Australia with the UK and US GAAP reporting requirements. On a top of that Ruslan participated in internal audit engagements with subsequent consultation on tax, financial reporting and risk management issues of the companies’ management based in CIS countries and UK. Ruslan was involved into the audit engagements of clients from various industries including oil&gas, retail, banking and insurance. Key clients in portfolio are as follows: · In Kazakhstan: Caspi Meruerty Operating Company B.V., North Company Operating Company, Karachaganak Petroleum B.V., Phystech LLP, JSC SB Alfa Bank Kazakhstan, JSC Generali Life, Philip Morris Kazakhstan LLP, Nestle Food Kazakhstan LLP, Kelun Kazpharm LLP, Sadvik Mining & Construction LLP, Burda Alatau Press, Alsad Kazakhstan LLP · In the UK: Corona Energy LLP (UK based, part of Macquarie Group listed on ASE), DST Systems Inc. (UK based, NYSE listed), Danone LTD + Danone Waters LTD (UK based), Galliford Try Plc. (UK based, LSE listed).
Grants	– Laureate of “Bolashak” State Scholarship

Yevgeniya Kim, MBA

Senior Lecturer of OMIS

Senior Lecturer

Education:

DBA student, KIMEP University, 2011-present

ABD Status, Chonbuk National University, MIS and Operations Management, 2001-2003

MBA, KIMEP University, Production and Operations Management, 1998-2000

B.S. in Economics, Taraz State University, Honor Diploma, 1994-1998

Work experience:

Senior Lecturer, KIMEP University, OMIS Department, 2003-present

Business consultant, “Mimioriki”, Almaty, Kazakhstan, 2011-2012

Guest researcher, TU/e, School of Industrial Engineering Innovation, Technology Entrepreneurship & Marketing Group 2009-2011

Business consultant, “Aura plus”, 2009-present

Consultant, “Real Estate Ltd.”, Almaty, Kazakhstan, 2005-2008

International Researcher, IFR Program, Chonbuk National University, S. Korea, Research field: “Rapid gth in Korean economy”, 2000-2001

Сourses taught at KIMEP:

Management Information Systems, Business Intelligence (ExMBA), Operations Management, Logistics Management, Transportation and Distribution Management, Computer Applications in Business, E-commerce, Internet marketing, Total Quality Management, Spreadsheet based Simulation

Research interests:

E-commerce, Internet, Social Network Sites, Social Media Supply chain management, Operations Management

Conference proceedings:

Elmira Bogoviyeva & Yevgeniya Kim (2012), “The Successful Launch of the Kazakhstani Children’s Clothing Brand Mimioriki”, Proceedings of Academy of Marketing Conference 2012, Southampton, UK, July 2-5
Tatyana Domashenko, Elmira Bogovieva, Yevgeniya Kim (2012), Social Media in Marketing Activ ities of Kazakhstani Companies”, Proceedings of Academy of Market5ing Conference 2012, Southampton, UK, July 2-5 (poster presented).
“Interaction between Personality, Social networking sites, leisure activities and Academic performance in Kazakhstan”, 9 ^th Annual KIMEP International Research Conference, KIRC-2012, April, 19-21, Almaty, Kazakhstan
“Two Lines of Defense for Overcoming Product Deficiencies: Dealing with the Effects of Accelerated NPD and Newness on Product Quality”, Global Conference on Business and Finance, January, 2-5, 2011, Las Vegas, Nevada, USA
“NPD acceleration: trade-off between product failure and recovery strategies”, European Marketing Academy (EMAC), conference, June 1-4, 2010, Copenhagen Business School, Denmark
“Mobile ads from customer perspectives: Kazakhstani case”, conference paper, International conference Transcending Horizons through Innovative Global Practices, December 28-31, 2007, Hyderabad, India
“The forming of e-government: experience of Kazakhstan”, conference paper, International Conference on Advances in the Internet, Processing, Systems, and Interdisciplinary Research, IPSI-2007, April 28 – May 1, 2007, Venice
“E-commerce adoption in Transition country: Kazakhstan”, conference paper, International Conference on Advances in the Internet, Processing, Systems, and Interdisciplinary Research, IPSI-2005, April 28 – May 1, 2005, Costa Brava, Spain

Professional Qualifications and Certificates:

2010 Certificate in Technology Entrepreneurship & Innovation Management, Eindhoven, TU/e

2009 Certificate “Course Design”, TU/e

2002 Certificate of scholarship from Overseas Korean foundation, S. Korea

1998 “Case analysis in Small business entrepreneurship”, California State University”

Contact information:

Tel: 270-44-40 Ext: 2017
Office: 316 / Dostyk bld
Email: ydk@kimep.kz