The learning objectives of the Bachelor of Management (BMGT) program are:
- to explain and apply the core management concepts such as decision making, human resource management, leadership and motivation, and global business and strategic management;
- to provide a solid understanding of managing diversity, critical thinking, and managerial ethics;
- to provide a solid grounding in the knowledge, theory and practice of general management.
At successful completion of the BMGT program, graduates will be able to:
- describe the core concepts of management theory, knowledge and practice;
- communicate on a professional level using modern communication technologies;
- apply appropriate analytical tools for planning, development and implementation of strategy;
- demonstrate managerial competencies for leading people and organizations toward organizational success in competitive environments, both local and global;
- identify diverse managerial roles and exercise judgment in highly dynamic and complex business environments;
- describe and apply the concepts and theories of ethics as they apply to the field of Management.
To earn the Bachelor of Management degree, students must complete 146 KIMEP credits or 240 ECTS.
The following table illustrates the structure of the BMGT 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 |
General Education Courses (56 ECTS/36 KIMEP Credits)
The General Education component consist of two parts:
(1) General Education Required courses (33 KIMEP /51 ECTS Credits),
(2) General Education Elective Courses (3 KIMEP/5 ECTS Credits).
The following table illustrates the requirements of the General Education component of the program.
Code | General Education Courses | ECTS Credits | KIMEP Credits | Prerequisite |
General Education Required Courses | 51 | 33 | ||
GEN/IRL 1000 | Modern History of Kazakhstan | 5 | 3 | None |
GEN/OPM 1300 or GEN/OPM 2301 |
Information and Communication Technologies or Business Computer Applications | 5 | 3 | None |
GENXXXX | Physical Education | 8 | 4 | None |
GENXXXX | Module of socio-political courses | 8 | 8 | None |
KAZ/RUS2101 | Kazakh (Russian) Language 1 | 5 | 3 | None |
KAZ/RUS2102 | Kazakh (Russian) Language 2 | 5 | 3 | None |
ENG 1110/
GEN1010 |
Academic Listening and Note Taking | 5 | 3 | None |
ENG 1120 | Academic Reading and Writing 1 | 5 | 3 | None |
GEN/IRL 2500 or GEN/IRL 2510 |
Introduction to Philosophy or Principles of Ethics | 5 | 3 | None |
General Education Elective Course | 5 | 3 | ||
GENXXXX | General Education course | 5 | 3 | |
TOTAL | 56 | 36 |
Program Foundation Courses (112 ECTS/68 KIMEP Credits)
The Program Foundation component consist of two parts:
(1) Program foundation required courses (32 KIMEP /52 ECTS Credits)
(2) Program foundation elective courses (36 KIMEP/60 ECTS Credits)
The following table illustrates the requirements of the Program Foundation component of the program.
Program Foundation Courses |
ECTS Credits | KIMEP Credits | Prerequisite | |
Program Foundation Required Courses | 52 | 32 | ||
BUS4251.1 | Internship Program I | 2 | 1 | 30 KIMEP credits completed |
MGT4251.2/
MGT4204.2 |
Internship Program in Management II/ Cases in Management (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 | None |
FIN2105 | Business Microeconomics | 5 | 3 | None |
FIN2106 | Business Macroeconomics | 5 | 3 | None |
MGT3001 | Principles of Management | 5 | 3 | None |
ACC2102 | Financial Accounting I | 5 | 3 | None |
FIN3121 | Principles of Finance | 5 | 3 | ACC2102 |
IFS2203 | Management Information Systems | 5 | 3 | GEN/OPM1300/ 2301 |
MKT3130 | Principles of Marketing | 5 | 3 | None |
Program Foundation Elective Courses | 60 | 36 | ||
XXXX | Elective 1 | 5 | 3 | |
XXXX | Elective 2 | 5 | 3 | |
XXXX | Elective 3 | 5 | 3 | |
XXXX | Elective 4 | 5 | 3 | |
OPM3131 | Introduction to Operations Management | 5 | 3 | GEN2402 |
GEN2402 | Business Statistical Analysis | 5 | 3 | MATH1202/
GEN1201 |
ACC2201 | Management Accounting I | 5 | 3 | ACC 2102 |
FIN3101 | Financial Institutions and Markets | 5 | 3 | FIN2106 |
LAW2202 | Business Law | 5 | 3 | None |
MGT4201 | Strategy and Business Policy | 5 | 3 | MGT3001, MKT3130, FIN3121, ACC2201 |
OPM3011 | Decision Techniques and Tools | 5 | 3 | GEN1201/
MATH1202, FIN3121 |
GEN1201 | Mathematics for Business and Economics | 5 | 3 | None |
TOTAL | 112 | 68 |
Program Specialization Courses (36 KIMEP/ 60 ECTS Credits)
The Program Specialization component consists of two parts:
(1) Required Specialization Courses (27 KIMEP credits/ 45 ECTS Credits) and
(2) Elective Specialization Courses (9 credits/ 15 ECTS Credits).
The following table illustrates the requirements of the Program Specialization component of the program.
Program Specialization courses | ECTS Credits | KIMEP Credits | Prerequisite | |
Program Specialization Requried Courses |
45 | 27 | ||
MGT3200 | Managerial Ethics | 5 | 3 | MGT3001 |
MGT3204 | Human Resource Management | 5 | 3 | MGT3001 PAD3523 |
MGT3206 | Leadership and Motivation | 5 | 3 | MGT3001 |
MGT3208 | Innovation Management | 5 | 3 | MGT3001 |
MGT3210 | International Business | 5 | 3 | MGT3001 |
MGT3212 | Organizational Behaviour | 5 | 3 | MGT3001 |
MGT3211 | Principles of Entrepreneurship | 5 | 3 | MGT3001 |
MGT3213 | Managing Change | 5 | 3 | MGT3001 |
MGT4251.3 | Internship Program III | 5 | 3 | MGT4251.2/
MGT4204.2 |
Program Specialization Elective Courses | 15 | 9 | ||
BUS4201 | Social Entrepreneurship | 5 | 3 | MGT3211 |
MGT3217 | Building and Accelerating the Venture | 5 | 3 | MGT3211 |
MGT3216 | Business Model Innovation | 5 | 3 | MGT3211 |
MGT3207 | Managing Negotiation | 5 | 3 | MGT3001 |
MGT3205 | Decision Making | 5 | 3 | MGT3001 |
MGT3209 | International Management | 5 | 3 | MGT3001 |
MGT3215 | Hospitality Management | 5 | 3 | MGT3001 |
MGT3216 | Leisure and Recreational Management | 5 | 3 | MGT3001 |
MGT3299 | Selected Topics in Management | 5 | 3 | MGT3001 |
MGT4210 | Compensation and Performance Management | 5 | 3 | MGT3204 |
MGT4208 | Training and Development | 5 | 3 | MGT3204 |
MGT4204 | Cases in Management | 5 | 3 | MGT3001 |
LDP3201 | Leadership: Principles and Best Practices | 5 | 3 | MGT3001 |
LDP4201 | Leadership: Making Principles Work | 5 | 3 | MGT3001 |
LDP4202 | Leadership in Action | 5 | 3 | LDP3201 and LDP4201 LDP4201 |
OPM3215 | Business Time Series Forecasting | 5 | 3 | GEN2402 |
TOTAL | 60 | 36 |
Final Attestation (6 KIMEP credits/12 ECTS)
The Final Attestation component consists of the following three parts:
(1) Research Methods in Business Studies (3 KIMEP credits / 5 ECTS)
(2) State Examination (1 KIMEP credit / 3 ECTS)
(3) Thesis/ State Specialized Examinations (2 KIMEP credits / 4 ECTS)
Final Attestation Courses | ECTS Credits | KIMEP Credits | Prerequisite | |
BUS3300 | Research Methods in Business Studies | 5 | 3 | Completion of General Education and Program courses |
MGT4277 | State examination | 3 | 1 | |
MGT4275/
MGT4280/ MGT4290 |
Thesis/State examination (2) | 4 | 2 | |
TOTAL | 12 | 6 |
MAJORS
Students have the opportunity to choose one of two majors:
(1) Human Resource Management
(2) Leadership
Human Resource Management (36 KIMEP Credits / 60 ECTS Credits)
Major in HRM will provide students theoretical foundations and practical knowledge in different functional areas of HRM responsibilities, such as (1) recruitment and selection practices (2) training and development at individual, group and organizational level, (3) compensation and salary administration and (4) conflict management, negotiation and industrial relations activities, with a strong sense of ethics and social responsibility.
To gain major in Human Resource Management, students are required to complete the following courses:
Course Code | Course
Title |
ECTS Credits | KIMEP Credits |
All 9 Program Required Specialization Courses | 45 | 27 | |
MGT4208 | Training and Development | 5 | 3 |
MGT4210 | Compensation and Performance Management | 5 | 3 |
Any one course from: | |||
MGT3205 | Decision Making | 5 | 3 |
MGT3207 | Managing Negotiation | 5 | 3 |
MGT3299 | Selected Topics in Management | 5 | 3 |
MGT4204 | Cases in Management | 5 | 3 |
TOTAL | 60 | 36 |
Leadership (36 KIMEP credits / 60 ECTS)
Leadership is one of the most critical functions that constitute the essence of management competence in modern organizations. It takes mainly strong leaders to prepare the organization to go through essential changes and help it effectively resolve all the difficulties on its way to successful transformation. The Leadership specialization is aimed to develop a new generation of tomorrow’s leaders who will be able to: (1) provide strategic vision to their organizations, (2) establish trust and commitment, (3) lead throughout all managerial areas of the organizations, (4) understand the present challenges and trends of the industries, (5) provide effective business solutions, (6) understand and inspire employees, and (7) understand personal capacities of effective leaders. This specialization is intended for highly motivated students who have capacity for leadership and determined to become effective in leading others.
To gain major in Leadership, students are required to choose the following specialized courses:
Course Code | Course
Title |
ECTS Credits | KIMEP Credits |
All 9 Program Required Specialization Courses | 45 | 27 | |
LDP3201 | Leadership: Principles and Best Practices | 5 | 3 |
LDP4201 | Leadership: Making Principles Work | 5 | 3 |
LDP4202 | Leadership in Action | 5 | 3 |
TOTAL | 60 | 36 |
MINORS
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 credits. 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 Credits | Prerequisite |
Accounting
(any 3 courses) |
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 |
FIN3101 | |||||
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 | |
CIT3745 | 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 in Business | 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 |
MGT3216 | Business Model Innovation | 3 | 5 | MGT3211 | |
MGT3217 | Building and Accelerating the Venture | 3 | 5 | MGT3211 | |
Marketing (MKT3150 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 | MKT3222 | Cross Cultural Tourism Marketing | 3 | 5 | MKT3130 |
MKT3221 | Tourism Practices and Principles | 3 | 5 | MKT3130 | |
MGT3215 | Hospitality Management | 3 | 5 | MGT3001 |
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 area.
- Meet exit criteria of a minimum overall GPA 4.00 in all courses required for a respective certificate.
III. All prerequisites must be met (waive of prerequisites, concurrent registration, CSS courses as equivalence of BCB courses are NOT allowed).
Merit Certificate in Auditing (9 credits / 15 ECTS)
Required courses: | |
ACC4203 | Auditing |
ACC4209 | Fraud Examination |
ACC4216 | Professional Auditing |
Merit Certificate in Taxation (9 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 credits / 15 ECTS)
Required courses: | |
FIN4224 | International Financial Management |
FIN4212 | Mergers and Acquisitions |
FIN4221 | Investment Banking |
Merit Certificate in Financial Institutions and Risk Management (9 credits / 15 ECTS)
Required courses: | |
FIN3230 | Financial Institutions Management |
FIN4224 | Introduction to Financial Derivatives |
FIN4232 | Risk Management |
Merit Certificate in Marketing Communications and Branding (9 credits / 15 ECTS)
Required courses: | |
MKT3202 | Marketing Communications |
MKT3201 | Consumer Behavior |
MKT3214 | Brand Management |
Merit Certificate in Tourism and Hospitality Management (9 credits / 15 ECTS)
Required courses: | |
MKT3221 | Tourism Practices and Principles |
MGT3215 | Hospitality Management |
MKT3222 | Cross-Cultural Tourism Marketing |
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 credits / 15 ECTS)
Required courses: | |
LDP3201 | Leadership: Principles and Best Practices |
LDP4201 | Leadership: Making Principles Work |
LDP4202 | Leadership in Action |
MANAGEMENT AREA
MGT3001 Principles of Management (3 Credits; 5 ECTS)
Prerequisites: None
This course deals with the role and nature of management as it is used in contemporary business. The course will provide a systematic understanding of the core concepts of management theory and practice. A brief review of the foundations of key management thinking will be presented to set the context. This will be followed by an exploration of the environment for the managers and a discussion of the social and ethical issues, which affect managers. The diverse roles of the manager in contemporary business are then explored placing emphasis on identifying the key role effective management can play in developing successful organizations, private and public, large and small.
BUS3331 Business economics
Prerequisites: None
The course explains how the financial, organizational, market-related, and environmental factors impact corporations. Economic theory and quantitative methods form the basis of assessments on factors affecting corporations such as business organization, management, expansion, and strategy. Topic inlcude how and why corporations expand, the impact of entrepreneurs, the interactions among corporations, and the role of governments in regulation.
MGT3200 Managerial Ethics (2 Credits; 3 ECTS)
Prerequisites: MGT3001 Principles of Management
Ethics in management became popular and important concept lately. Different companies might have different ethical standards, but management ethics is almost the same in every industry. Students will learn that corruption is the abuse of power to achieve illegitimate personal gain. Bribery and corruption are extreme forms of unethical behavior. Wherever they do business around the world, managers must not only avoid breaking the law, they should follow high ethical standards. Ethics and appropriate behavior transcend all business activities and figure prominently in management decisions about financial performance and competitive advantage. An integrated, strategic approach to ethical, sustainable, and socially responsible behavior provides firms with competitive advantages, including stronger relationships with customers, employees, shareholders, suppliers, and the communities where they do business.
MGT3204 Human Resources Management (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
This course deals primarily with activities that directly affect how employees are brought into the firm and their treatment once they are employed. These activities include selection, training, evaluation, compensation, labor relations, working conditions, and related issues.
MGT3205 Decision Making (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
The course focuses on ideas that can be used in business to understand decisions generally. The curriculum includes the concepts of rational choice, identity, appropriateness, and history-dependent rules. The course also explores how decisions are made in the face of inconsistency in preferences or identities. Prospects for decision engineering are also explored in detail.
MGT3206 Leadership and Motivation (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
This course is intended for future managers who require knowledge on how to motivate people, how to manage groups and use appropriate leadership styles. It is modeled as an integrated framework that consists of lectures and training.
MGT3207 Managing Negotiations (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
This course deals with the art and skills of negotiating in various business situations. Cases involving and analyzing issues and problems ranging from sales and contracts to the most complicated issues of international business will be discussed.
MGT3208 Innovation Management (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
The purpose of the course is to introduce students to recent, leading edge management thinking. A study of the most recent trends and ideas in management and their practical application is carried out. The course will include reviews of books by well-known management theorists and a critical analysis of the application of these theories in Kazakhstan.
MGT3209 International Management (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
This course compares management styles used in various countries and the effectiveness of those styles on that culture. Methods will be contrasted with current management methods used in Kazakhstan to formulate effective methods for practical use. Focus is on the design of the organization; political, legal, and economic concerns; personnel issues; and, negotiating strategies.
MGT3210 International Business (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
This course involves study of the issues and logistics involved in conducting business in the international arena. Issues such as globalization, the impact of economics, socio-cultural factors, and economic policy are discussed in detail. The nature and economic role of the multinational corporation including the impact of legal, political, educational, and cultural variables upon firm performance and managerial activity forms the core of the course. Case studies illustrate managerial, marketing and financial and accounting activities, in the global economic space.
MGT3211 Principles of Entrepreneurship (former Small Business Management) (3 Credits; 5 ECTS)
Prerequisite: MGT3001 Principles of Management
Lectures and case study methods are applied to investigate and analyze problems related to small business start-ups and functions. Included are: selecting a location, business planning, organizational control, finances, and other areas of interest to the small business owner. The course includes formulating a business plan.
BUS4201 Social Entrepreneurship (3 Credits; 5 ECTS)
Prerequisite: MGT3211 Principles of Entrepreneurship
This course is about the emerging and exciting field of Social Entrepreneurship. Students will
learn about creating a business that makes a difference and transforms society to deliver social impact. They will learn about inspirational stories of social entrepreneurs and how they have developed creative solutions to address social problems around them. Students will study the challenges social entrepreneurs face and understand the driving force behind their success. They will comprehend the complexity of social change and the value of social innovation.
MGT3217 Building and Accelerating the Venture (3 Credits; 5 ECTS)
Prerequisite: MGT3211 Principles of Entrepreneurship
The course is focused on the professional development of young entrepreneurs such as a start-up through mentorship, learning best and failed practices of existed entrepreneurs in Kazakhstan. The Building and Accelerating the Venture model is based on lean startup and customer development principles (i.e., innovative business models, scientific approach, hypothesis testing, minimum viable product, problem-solution fit, and customer satisfaction, customer discovery). The course invites guest-speakers from different units to have a practical guide about venture creating and accelerating.
MGT3216 Business Model Innovation (3 Credits; 5 ECTS)
Prerequisite: MGT3211 Principles of Entrepreneurship
This course aims to develop skills necessary to design and test innovative business models to establish a new venture. It includes analyzing existing business models and highlights the importance of innovation in business models for entrant firms. During the course, students will explore different examples of innovative approaches in product development, service delivery, production, customer relations, and value creation for competitive advantage. The course uses case studies, short lectures, discussions and guest speakers from the business community to share their experience and expertise with innovative business models.
MGT3212 Organizational Behavior (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
Managers get things done through other people. They make decisions, allocate resources, and direct the activities of others to attain goals. Managers do their work in an organization. This is a consciously coordinated social unit, composed of two or more people. These units strive to achieve a common goal or set of goals. This course develops a sound understanding of the human side of work and provides knowledge of the behavioral aspects of working in organizations.
MGT3213 Managing Change (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
This course is designed as an introduction to managing change in organizations with an emphasis on the development of student capacity to understand the necessity of change in organizations. This is achieved by focusing on the conceptual and theoretical underpinning of change in the organizational context, analysis of how effective change management helps an organization gain a competitive advantage, and introduction of key change tools.
MGT3215 Hospitality Management (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
This course examines the philosophy and history of hospitality and the special characteristics of the industry. A broad overview of management styles, management and marketing theories and organizational structures is offered, as well as an introduction to local and international issues associated with the industry. This course examines hospitality specific issues such as yield management, services marketing, hospitality distribution channels, and service quality management strategies.
MGT3216 Leisure and Recreational Management (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
Leisure and Recreation Management course deals with the theory of leisure (the time available to an individual when work, sleep and other basic needs have been met) studies as well as the day-to-day practicalities of managing a recreation facility. The course introduces the student to leisure and recreation in society (role, concepts and principles), the relationship between tourism, leisure and recreation, including holiday, sports, basic concepts in outdoor recreation, outdoor recreational resources, recreation resource management, recreation in a changing world.
MGT3299 Selected Topics in Management (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
This course provides further study into various areas in management. Topics covered will change from year to year depending on the students’ particular needs and strengths.
MGT4201 Strategy and Business Policy (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management, MKT3130 Principles of Marketing, FIN3121 Principles of Finance, ACC2201 Management Accounting I
This course examines the enterprise as a whole including understanding how and why the various functions of a business are interdependent and need to be coordinated. The course looks at the environment in which a business operates its strategy, and internal administrative activities. The emphasis is on the kinds of problems and issues that affect the success of the entire organization.
MGT4204 Cases in Management (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
The course offers various advanced case studies on practical problems in managing the business entities.
MGT4208 Training and Development (3 Credits; 5 ECTS)
Prerequisites: MGT3204 Human Resources Management
This course will cover a comprehensive and wide range of issues relevant with employee training and development activities. It will discuss the issues to clarify the role of training and development in the management of human resources in the organizational contexts. Students will be prepared to plan and execute training programs for different levels of employees – including training needs assessment, learning principles, training methods, organizing training contents, conducting different training sessions, motivating trainees, and training evaluation methods. Further, this will help to understand the national HRD models and skills development programs in different national contexts.
MGT4210 Compensation and Performance Management (3 Credits; 5 ECTS)
Prerequisites: MGT3204 Human Resources Management
The main objective of the course is to provide knowledge of performance management and compensation practices, and their role in promoting organizations’ competitive advantage. Student will be prepared to assume the roles of competent compensation professional by having a sound understanding of performance management and compensation practices, and the environment in which business professionals plan, implement, and evaluate employee performance appraisal practices and compensation systems. They will be given the idea of the context of compensation practice, the criteria used to evaluate employees’ performance, compensation system design, benefits, and other contemporary HR challenges that HR managers will face in the real circumstances.
MGT4275 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 Management. 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.
MGT4277 State Examination (1 Credit; 3 ECTS)
Prerequisites: completion of the General Education and Program courses
Students are required to take the state examination in Management. Further details on this requirement are provided under the KIMEP University regulations on this matter.
MGT4280/MGT4290 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.
BUS3300 Research Methods in Business Studies (3 Credits; 5 ECTS)
Prerequisites: completion of the General Education and Program courses
This course aims to study the design, and the appropriate methods of research in business studies. It covers basic aspects of the logic of scientific inquiry, the main techniques and methods of research. The course provides students with an understanding of the relationship between research methodology theory, estimation method, and practice. The students will also be provided with an understanding of the use of the primary data generated based on questionnaires to examine business practices, and the secondary data to study the relevance of business and research methodology theory in the real world. The course also covers such topics as statistical concepts, probability and sampling distribution, correlation and regression, single- and multiple-regression, hypothesis testing, goodness of fit, analysis of variance, the problems in regression analysis and remedies and time series analysis.
BUS4251.1 Internship Program I (2 Credits; 2 ECTS)
Prerequisites: 30 credits completed
The purpose of the program is to introduce various professions to the students and provide training in interpersonal and professional communications.
MGT4251.2 Internship Program in Management II (2 Credits; 2 ECTS)
Prerequisites: 70 credits completed 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 management; carrying out a comparative analysis of the organization; identifying gaps and suggesting the ways to improve the development of the organization.
MGT4204.2 Cases in Management (substitute) (2 Credits; 2 ECTS)
Prerequisites: BUS4251.1 Internship Program I and 70 credits completed
The course offers various advanced case studies on practical problems in managing the business entities.
MGT4251.3 Internship Program in Management III (3 Credits; 5 ECTS)
Prerequisites: MGT4251.2 Internship Program in Management II or MGT4204.2 Cases in Management (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.
LEADERSHIP AREA
LDP3201 Leadership: Principles and Best Practices (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
The course is intended for highly motivated students who have capacity for leadership and determined to become effective in leading others. It is modeled as an integrated framework that consists of the best leadership practices presentations and lectures. The students will be exposed to learning first-hand experience of great leaders from industry, government and various social sector enterprises.
LDP4201 Leadership: Making Principles Work (3 Credits; 5 ECTS)
Prerequisites: MGT3001 Principles of Management
The main objective of this course is to equip students with tools necessary for analyzing leadership activities within the organizations. The course will also introduce contemporary leadership concepts and practices through delivering guest lectures and simulating leadership exercises. Students will learn major approaches to leading people that will serve as the basis for future organizational success.
LDP4202 Leadership in Action (3 Credits; 5 ECTS)
Prerequisites: LDP 3201 Leadership: Principles and Best Practices and LDP4201 Leadership: Making Principles Work
Provided with general guidelines, students will be involved in case studies and projects in area of their specialization. This course will give the opportunity to apply and polish the knowledge received in previous two courses. Students will also be required to develop their leadership competencies and provide sound solutions for managerial challenges.
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.
Tuition & Fees

Nejat Çapar, Ph.D.
Acting Dean
Assistant Professor, Management area
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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, Management area
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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.
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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. 2nd 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
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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 |

Monowar Mahmood, Ph.D.
Associate Dean for Graduate Programs
Professor, Management area
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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:
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.

Muhammad Nadeem Khalid, Ph.D.
Associate Dean of BCB for EEC
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Mira Nurmakhanova, Ph.D.
Chair of Accounting and Finance departments
Associate Professor, Finance area
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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 growth, 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 growth, real exchange rate, stock market, inflation rate, etc. |
Selected Publications | Articles
· Katenova, M., M. Nurmakhanova. 2017. “Financial Development and Economic Growth: 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.
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 Growth 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 Growth Challenge in Kazakhstan”. · The Economics Education and Research Consortium (EERC) 40-th Research workshop, May 2016, Kiyv. “Oil and Growth Challenge in Kazakhstan”. · The Economics Education and Research Consortium (EERC) 39-th Research workshop, December 2015, Kiyv. “Oil and Growth Challenge in Kazakhstan”. · The Economics Education and Research Consortium (EERC) 37-th Research workshop, December 2014, Kiyv. “Oil and Growth Challenge in Kazakhstan”. · The Economics Education and Research Consortium (EERC) 36-th Research workshop, June-July 2014, Kiyv. “Oil and Growth 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 growth 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 Growth 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 Growth 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. |

Alma Alpeissova, DBA, MA
Chair of Management and Marketing departments
Assistant Professor, Management area
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EDUCATION
Columbia University
Graduate School of Arts and Sciences, Department of Sociology MA Research Thesis:
GPA: Awards:
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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
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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
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AES Corporation
Leadership Learning Center
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Ust-Kamenogorsk, Kazakhstan
Position: Corporate Trainer September 2006 – May 2007 |
KIMEP University
Center 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
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Astana, Kazakhstan
Position: Consultant Project “Medium Term Recommendations on Reform of State Management ” June 2002 – July 2003 |
JSC “Astana-Holding”
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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
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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
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.
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 (8th 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 (8th 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 (8th 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

Dana Abeuova, Ph.D.
Director of the Center of Entrepreneurship and Innovation
Assistant Professor, Management area
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Dana Abeuova is an Assistant Professor in the Department of Management and Marketing at KIMEP University. She received her Ph.D. in Management from ESCP Business School, as part of the École Doctorale de Management Panthéon-Sorbonne, France; M.S. in Information Systems from Kelley School of Business, Indiana University Bloomington, USA; B.S. in Informatics from School of Informatics, Indiana University Bloomington, USA.
Her professional background is comprised of work in the private sector, academia, and international non-governmental organization. Her teaching experience includes lecturing at Kazakh-British Technical University in Kazakhstan and at ESCP Europe Business School in France.
Her research interests lie in the areas of new venture development and talent attraction in new entrepreneurial ventures.