Business degree programs in Kazakhstan encompass a broad spectrum of subjects, providing both promising prospects and unique challenges for aspiring entrepreneurs, investors, and professionals. The academic programs offered by Kazakhstani universities delve into the fundamental facets of business, management, and economics, drawing insights from disciplines such as Accounting, Finance, Marketing, Organizational Studies, Human Resources, and Operations. The primary aim of the Business degree programs in Kazakhstan is to furnish students with a comprehensive grasp of the multifaceted dimensions of effective business management.

Kazakhstan, as a country, has undergone significant economic shifts. It has the largest economy in Central Asia in absolute and per capita terms. Its strategic geographical location, acting as a bridge between Europe and Central Asia, positions it as an enticing hub for international business ventures. The widespread use of English in the business and information technology sectors simplifies communication for international enterprises, enhancing Kazakhstan’s appeal as a destination conducive to global business engagement. The intricacies and potentials of the Kazakhstani business landscape combine to create an intellectually stimulating environment, offering valuable insights into the complexities of contemporary commerce.

In the 2023 World Bank Ease of Doing Business report, Kazakhstan secured the 25th position. Kazakhstan’s economic landscape is characterized by a diverse blend of state-owned and privately-owned enterprises. The nation’s wealth of natural resources, including oil, gas, coal, and minerals, plays a pivotal role in driving its economic prosperity. Kazakhstan holds a prominent position as a major agricultural producer, while its services sector is experiencing rapid expansion. Kazakhstan is the world’s ninth-largest oil producer and ranks as the second-largest oil producer in the CIS region. The oil and gas sector is of paramount importance, contributing approximately 20% to the country’s GDP. Kazakhstan is a major producer of minerals, including uranium, chromium, manganese, and zinc. The mining sector accounts for around 10% of GDP. Bogatyr Coal, Kazakhstan’s largest coal mining company, produced 42 million tonnes of coal in 2018, representing around 40% of the country’s total coal production for that year. Over its history, the company has extracted approximately 1 gigatonne of coal and holds an additional 2.5 gigatonnes in coal reserves, ranking it among the world’s largest coal firms. 

The services sector stands out as the largest economic segment in Kazakhstan, representing approximately 60% of the GDP. This sector encompasses various industries, including finance, insurance, retail, and tourism, making a substantial contribution to the country’s economic growth and diversification. Freedom Holding Corp. operates as an investment conglomerate offering a comprehensive suite of financial services. Their offerings include retail securities brokerage, trading, asset management, capital markets services, investment research and advisory, investment banking with underwriting services, mortgage services, insurance, and consumer banking.

Opting to pursue Business courses in Kazakhstan through Alfred Education Group presents an appealing choice for students worldwide. Kazakhstani universities are renowned for their dedication to academic excellence and provide a diverse array of programs across various fields. The affordability of education and the cost of living in Kazakhstan are attractive when compared to other European countries. English-taught programs are readily accessible, ensuring that language barriers do not impede access to a high-quality education. Kazakhstani universities foster innovation and research, affording students opportunities to engage in cutting-edge projects. The multicultural learning environment enriches students’ global perspectives and encourages the development of cross-cultural friendships.

Career Perspectives

Business degree programs in Kazakhstan provide a comprehensive exploration of the corporate world, delving into the intricate dynamics that drive economic activities. Choosing to study Business courses at Alfred Education Group as an international student offers the opportunity for high-quality education and practical experience, effectively preparing you for the challenges and opportunities within Kazakhstan’s and global ever-changing business landscape. Kazakhstani universities’ educational offerings give students a strong foundation in business basics, nurturing critical thinking and analytical skills crucial for success in different business sectors. The Business degree programs in Kazakhstan emphasize imparting a global outlook and practical expertise, enabling students to become flexible and forward-thinking leaders.

TOP University Courses

University “Turan” STEM Business School, Almaty

University “Turan” STEM Business School is a higher education institution located in Almaty, the biggest city of Kazakhstan. The University is dedicated to providing high-quality business education in English through 28 undergraduate majors, 18 master specialties, and 6 specialties of Ph.D. Turan University boasts an impressive infrastructure with over 700 personal computers, all backed by a robust server system. Turan University made history in Kazakhstan as the first institution to participate in the Eduroam project. This initiative allows students and university staff to enjoy complimentary Wi-Fi access at nearly any university in 54 countries worldwide using their corporate login credentials.

Turan University is divided into 5 Faculties – Faculty of Humanities and Law, Faculty of Economics, Faculty of Gigital Technologies and Arts, and Graduate School of Business. Business degree courses are provided in the Faculty of Economics and the Graduate School of Business. Turan University offers a high-quality MBA degree program. It is a prestigious qualification tailored to foster professional development and pave the way for a prosperous career. MBA course caters to a diverse audience, including early-career professionals, high-level executives from major corporations, and entrepreneurs.

For doctoral studies, the University “Turan” STEM Business School offers a DBA degree program (Doctor of Business Administration). The specialized program is meticulously designed to cultivate leaders in various fields, catering to seasoned senior managers and individuals with a strong interest in applied research. Its overarching goal is to empower participants with the necessary competencies to grasp, refine, and propel modern management concepts and models to new heights. By offering a rigorous curriculum, practical insights, and a platform for advanced research, the DBA program at Turan University enhances leadership capabilities and fosters a deep understanding of contemporary business practices and their real-world applications.

Why Study MBA in Kazakhstan?

Pursuing an MBA degree in Kazakhstan offers a compelling choice for international students. Kazakhstan’s universities provide high-quality education in Central Asia, equipped with modern facilities and adherence to international academic standards. Kazakhstani higher education institutions offer a diverse range of degree programs in Business Administration, allowing students to select specializations aligned with their interests and future career goals. Catering specifically to international students, Kazakhstan offers MBA degree courses in English.

Kazakhstan’s thriving and expanding business environment offers students valuable opportunities for real-world experience and internships, enriching their practical knowledge and employability prospects. The multicultural atmosphere within Kazakhstani universities fosters cross-cultural interactions, contributing to a global perspective and enhancing the overall educational experience. Cities in Kazakhstan are known for their student-friendly ambiance, featuring affordable living costs and a rich cultural heritage. Studying Business Administration in Kazakhstan equips students with essential skills and knowledge for diverse career prospects, both domestically and internationally. With its strategic location, quality education, and promising business landscape, Kazakhstan presents an excellent option for those seeking a comprehensive and rewarding MBA education.

Educational Process

Pursuing an MBA degree in Kazakhstan involves a structured educational journey aimed at providing students with advanced business knowledge and skills. The course’s curriculum encompasses core courses in essential business areas like finance, marketing, management, and strategy, alongside elective courses that permit specialization in fields such as entrepreneurship, international business, or finance. Instruction methods involve a mix of lectures, group discussions, and case studies to examine real-world business scenarios for problem-solving. Faculty members usually consist of local and international experts, combining academic knowledge with practical experience.

Students benefit from networking opportunities via seminars, workshops, guest lectures, and alumni gatherings. To bridge theory with practice, Kazakhstani Universities provide international students with internships and practical projects with local or international companies. MBA programs necessitate research projects or the completion of a thesis, allowing students to delve deep into specific business areas. Business Administration degree programs frequently incorporate a global perspective, potentially involving international exchanges or study trips. 

Compulsory Subjects

The curriculum of the MBA courses at Kazakhstani universities covers a comprehensive range of subjects. The core courses include:

Career Perspectives

After completing the Business Administration professional education program in Kazakhstan, graduates can perform professional work as: