KBTU Business School Bachelor Program Catalog 2017-2019

TABLE OF CONTENT

TABLE OF CONTENT ...... 2 DISCLAIMER ...... 3 PART I – KBTU AND BUSINESS SCHOOL MISSIONS ...... 4 PART II - MANAGEMENT OF KBTU BUSINESS SCHOOL ...... 7 PART III – THE ACADEMIC CREDENTIALS OF FACULTY MEMBERS ...... 9 PART IV –BS IN MANAGEMENT PROGRAM DESCRIPTION AND CURRICULUM ...... 13 PART V –BS IN FINANCE PROGRAM DESCRIPTION AND CURRICULUM ...... 17 PART VI –BS IN ACCOUNTING AND AUDIT PROGRAM DESCRIPTION AND CURRICULUM ...... 21 PART VII – BS IN MANAGEMENT COURSE DESCRIPTIONS ...... 25 PART VIII – BS IN FINANCECOURSE DESCRIPTIONS ...... 30 PART IX – BS IN ACCOUNTING AND AUDIT COURSE DESCRIPTIONS ...... 34 PART X– ACADEMIC POLICIES AND PROCEDURES ...... 38 ADMISSION PROCESS ...... 38 TUITION FEES ...... 42 ACADEMIC POLICIES ...... 44 PART XI – STUDENT FACILITIES ...... 55

DISCLAIMER

Kazakh-British Technical University (KBTU) Business School wishes to emphasize that the materials in this catalog, including policies, academic programs, curricula and tuition fees, are subject to change, alteration, or amendment at the absolute discretion of KBTU. Changes applicable to 2017-2019 that are adopted after the date of this Catalog shall be considered as an addendum and an integral part of this Catalog.

PART I – KBTU AND BUSINESS SCHOOL MISSIONS

VALUES

KBS values serve as the foundation for all that we do and are a reference framework for all actions. We value:  Interaction with, and service to, our community  integrity and honesty in all our actions;  transparency and openness in all our actions;  zero tolerance of corruption of any kind;  mutual respect between all stakeholders;  a spirit of continuous improvement. These underpin the Honor Code for the KBS Community (students, faculty and staff) adopted in 2017.

VISION AND GOALS

By 2018, KBS will be a leading international business school in Central Asia, supporting, and being supported by the community, as it delivers high quality accredited and relevant:  Academic programs;  Research;  Executive education and consulting in partnership with iKBTU. based on a foundation of committed quality faculty to enhance the development of the economy and society of the Republic of Kazakhstan by developing a culture of innovation and entrepreneurship that drives change and renewal.

KBS Goals Deliverable and measurable excellence in: Academic programs Research Executive Education Consulting (in partnership with iKBTU) Community Engagement

Current Accreditations

Candidacy for Accreditation

MISSION

As part of the wider KBTU family, KBS operates within the broad mission of the University, which is as follows: 'KBTU considers its mission to provide high quality education for future leaders in business and industry, to promote innovative technologies and research in the most advanced and promising areas of science, for the benefit of the region and the country as a whole'.

Within this framework statement, to reflect the unique position of KBS within the KBTU system, the following KBS mission statement has been adopted: KBS is the Networked Business School - We aim to deliver best in class services in all areas in partnership

A more detailed statement has also been adopted 'KBTU Business School (KBS) was founded on the networked principle. In today’s interconnected world, the best way to deliver quality is through partnership. In all our activities, 4

we believe that this networked model offers maximum flexibility and efficiency to deliver quality services in Kazakhstan. To that end, since its creation, the Business School has sought and will continue to develop partnerships on an institutional and individual level to deliver best in class services to our clients in every area of operations. KBTU Business School is uniquely placed within Central Asia as a node in the global education network to provide access to the region and to support key actors in the region to develop global links'.

To make this happen, we believe that it is critical to view all operations as interconnected. For example, quality research informs what is taught in the classroom, leading to improved quality of the academic programs, opportunities for making the link to consulting projects and provides a foundation for more effective executive training. Focusing on upgrading quality in all areas simultaneously will, we argue, drive a virtuous circle of quality improvement (Figure 1), which will be further driven by the development of demanding customer relations with external partners, within KBTU, with government, the business community and international university partners.

Our programs:  serve existing pillars of the city, regional and national economy, with sector-specific programs in oil and gas, financial and business services;  principally though the MS in Supply Chain and Project Management, provide support for the development of transportation and logistics to help Kazakhstan benefit from its strategic location on the ‗new Silk Road‘ between Europe and Asia.  provide a cross-sectoral foundation-building programs in human resource management, project management, technology entrepreneurship with a particular focus on software, the green economy and creative industries and entrepreneurial finance.

The Networked Business School in Action - Collaboration with The British Council, Almaty Akimat and EU

On November 14 2016 the EU delegation to Kazakhstan awarded a 430,000 Euro project to a consortium of the British Council in Kazakhstan, KBTU Business School, Almaty Akimat and Almaty Development Centre for a three year project entitled 'Engaging Citizens in Smart City Development'. KBTU Business School will gain 50-60,000 Euro per year for each of the three years (150- 180,000 Euro total). This will be used to cover administrative costs of managing the project, plus an allocation to cover part of the time of senior administrators to support the management of the project.

This project will involve a series of workshops or forums, training for community leaders and public sector officials in developing constructive dialogue and the development and management of a 'challenge fund' for technology-driven social enterprises. In addition there will be two major conferences and the development of good practice guides in how to develop and manage a smart city project that simultaneously delivers technological solutions while drawing on the resources of the community to ensure social and economic relevance.

In essence the project complements KBTU's work on the technical side of smart city development by focusing on increasing the 'soft' or people-based capacities of leading actors in the city alongside the 'hard' technology solutions and represents a step change in the engagement of the Business School with the community.

KBS Strategy Framework-Developing A Virtuous Circle

KBS Strategy Framework

As noted in the mission, four goal areas have been identified. KBS aims for demonstrated excellence in:  Academic programs  Research  Executive Education  Consulting & Community Engagement

Each goal is based on the foundation of:  quality faculty to ensure delivery;  orientation to external stakeholders to ensure relevance;  level of internationalization to ensure the uniqueness of the KBS offer within Kazakhstan, combining the global and local to produce high utility outcomes;  demonstrable outcomes, visible to all stakeholders through adoption of a transparent monitoring framework as an integral part of the initial development of the strategy.

By 2018, KBS will have a reputation for quality in all areas of operations. The aim is to develop synergies between each goal:

 Better academic programs lead to better research due to the demand for relevance.  More research leads to better academic programs and consulting opportunities.  Consulting (in partnership) leads to more relevant academic programs and research, and to more executive education in partnership with iKBTU.  Development of internal and external linkages accelerates the process of development.

PART II - MANAGEMENT OF KBTU BUSINESS SCHOOL

Ewan Simpson

Ph.D., University of Glasgow (UK) Dean of KBTU Business School Ewan Simpson, MA, MSc, PhD is from Scotland. He has PhD in Management Science from the University of Glasgow, Scotland, 1999. From 1993 to 2004 he was a research consultant and trainer at Glasgow Business School and carried out 30+ research projects for small business associations, government departments and regional developments at Scottish, UK and EU level. His career has been focused on capacity development for organizations. In 2004 he moved to Almaty, Kazakhstan and since then has played a key role in development of human capital supply for business. He led on building one international standard business school and is working on another at KBTU, with a focus on capacity development, program improvement and system integration to meet international standards for business education. He is currently involved in research and training projects on developing the oil and gas value chain, entrepreneurship, smart cities, smart agriculture, urban and regional economic development, work whose uniting focus is enabling gains from technology through human capital development and vice versa. His MBA and other MS teaching focuses on various aspects of HRM, decision making, strategic management, organisational behavior and the geopolitics of oil and gas. In the last two years he has been a trainer for Kazmunaigas KING (oil services consulting), Petronas (Malaysia), Ceylon Oil Corporation (Sri Lanka) Nazarbayev University and Kazakh National Technical University and has built research partnerships with Henley Business School (UK), Harvard (USA) and EADA (Barcelona, Spain).

Diana Amirbekova

Ph.D. (ABD), Kazakh-British Technical University (Kazakhstan) Associate Dean of KBTU Business School Diana Amirbekova started her career as an academic in KBTU Business School in January 2015. She has a master degree in Management from KBTU and currently completing her PhD in Management. Her thesis is focused on studying knowledge competence in SMEs in Kazakhstan, its impact on performance. Over the past 4 years she had several research internships in UK (University of Birmingham, University Campus Suffolk) and participated in international conferences to present her findings of research on knowledge competence (Italy, Finland, Thailand). She developed her academic and professional skills by participating in trainings organized

7 by Sanjari International College UK (June 2014), British Council (October 2015, April 2016), Kozminski University (May 2016). She is currently involved in research on human capital development and IT cluster in Kazakhstan. Diana contributed to the university‘s partnership development with Kozminski University (Poland), EADA (Spain). Her undergraduate classes focus on areas of innovation management, strategic management, entrepreneurship, new product development, HRM.

Paul Davis

Ph.D., Deakin University and University of New England (Australia) Associate Dean of KBTU Business School Dr. Paul Davis holds a full professorship in Management and is Head of the Department of Business at KBTU Business School. He has PhD in Organizational Development (Deakin University; Australia); a PhD in Human Resource Management (University of New England; Australia) and a Master of Professional Education and Training with High Distinction (Deakin University; Australia). He has a distinguished publication record of more than three dozen international publications in scholarly journals as lead author. Four of these papers have won awards for excellence. Paul has worked in the public, private and not-for-profit sectors in senior HR roles and operates his own consulting business. He has delivered consulting and executive training in 17 countries on 4 continents. Paul is a Chartered Manager and Fellow of the Chartered Management Institute (UK) and an Accredited Practitioner with the Australian Human Resources Institute of Australia.

PART III – THE ACADEMIC CREDENTIALS OF FACULTY MEMBERS

Ken Charman, Ph.D. Professor

Ken Charman is senior faculty at KBTU Business School in management and economic development, focusing on national, regional, company and individual competitiveness. Originally from London, Ken has a BA (joint honours) in economics, an MBA and PhD from London Business School, with thesis published on the performance of international joint ventures in Kazakhstan. Since 1991 he has been lead-consultant on large-scale multinational development projects in Eastern Europe, the CIS, and the Middle East, primarily for the European Commission. He has managed long-term assignments in Kazakhstan (1993-96 and 2005-present), Kyrgyz Republic (1994-6 and 2014 to the present), Belarus (1999-2001) and Syria (2003-04) with further assignments through these regions. He now teaches economics and management science, building on the in-depth academic and practical experience that he has gained in consultancy and research in Europe the CIS, and the Middle East. His consultancy work has focused primarily on sector policy, and improvements in public services in transition countries. He currently leads the KBTU affiliation with the Harvard Business School Microeconomics of Competitiveness (MOC) network and has jointly established the MOC Asian Chapter to build the body of research and teaching in competitiveness and related development subjects in Central Asia. He is a Visiting Research Fellow of the Royal Institution in London, and is an investor in high-technology companies. Ken is committed to building high quality business education and research in Kazakhstan and Central Asia, focusing on all aspects of competitiveness and in developing collaboration with universities and international organisations.

Paul Davis, Ph.D. Professor

Dr. Paul Davis holds a full professorship in Management and is Head of the Department of Business at KBTU Business School. He has PhD in Organizational Development (Deakin University; Australia); a PhD in Human Resource Management (University of New England; Australia) and a Master of Professional Education and Training with High Distinction (Deakin University; Australia). He has a distinguished publication record of more than three dozen international publications in scholarly journals as lead author. Four of these papers have won awards for excellence. Paul has worked in the public, private and not-for-profit sectors in senior HR roles and operates his own consulting business. He has delivered consulting and executive training in 17 countries on 4 continents. Paul is a Chartered Manager and Fellow of the Chartered Management Institute (UK) and an Accredited Practitioner with the Australian Human Resources Institute of Australia.

Gavin Kretzschmar, Ph.D. Professor

Dr. Gavin Lee Kretzschmar. Chartered Accountant. Ph.D in Quantitative Finance from the University of Edinburgh Business School.A specialist in oil and gas valuation, structured finance and Banking. 18 years of experience at a Board level and as a banking executive director in top global Financial Institutions. Programme Director at Edinburgh University Business School, as well as holding the PricewaterhouseCoopers Professorship and Chair of Accounting for Central Asia for 7 years. Tenured Professor in Energy and Structured Finance at EADA business school Barcelona. Author of numerous peer reviewed articles in leading Journals, including the Journal of Banking and Finance, Accounting Forum, Journal of Applied Corporate Finance as well as in Energy and Energy Economics Journals. Experienced Executive MBA Professor - training executive teams at Bank of Scotland, RBS, PetroKazakhstan, Max Petroleum, Kazmunaigas KING (oil services consulting) and Nazarbayev University. Facilitated international research partnerships with Henley Business School (UK) and EADA (Barcelona, Spain).

Ewan Simpson, Ph.D. Associate Professor

Ewan Simpson, MA, MSc, PhD is from Scotland. He has PhD in Management Science from the University of Glasgow, Scotland, 1999. From 1993 to 2004 he was a research consultant and trainer at Glasgow Business School and carried out 30+ research projects for small business associations, government departments and regional developments at Scottish, UK and EU level. His career has been focused on capacity development for organizations. In 2004 he moved to Almaty, Kazakhstan and since then has played a key role in development of human capital supply for business. He led on building one international standard business school and is working on another at KBTU, with a focus on capacity development, program improvement and system integration to meet international standards for business education. 9

He is currently involved in research and training projects on developing the oil and gas value chain, entrepreneurship, smart cities, smart agriculture, urban and regional economic development, work whose uniting focus is enabling gains from technology through human capital development and vice versa. His MBA and other MS teaching focuses on various aspects of HRM, decision making, strategic management, organisational behavior and the geopolitics of oil and gas. In the last two years he has been a trainer for Kazmunaigas KING (oil services consulting), Petronas (Malaysia), Ceylon Oil Corporation (Sri Lanka) Nazarbayev University and Kazakh National Technical University and has built research partnerships with Henley Business School (UK), Harvard (USA) and EADA (Barcelona, Spain).

Urmatbek Tynaliev, Ph.D. Associate Professor

Dr. Urmatbek Tynaliev comes from the Kyrgyz Republic. He received both his Master‘s and PhD from the United States. He worked on several international development and educational reform projects along with teaching at local and international universities in his home city –Bishkek, and lately at KIMEP. His recent teaching courses include Statistics for Business and Economics, Econometrics, Data Analysis and Economic Forecasting and Management related courses. His research interests are broad, focusing primarily on organizational and social issues in post-Soviet and Eastern European countries. He published a few articles in US/UK based peer-reviewed journals. His current research is related to entrepreneurship growth in the post-Soviet Central Asian countries. Particularly, his research looks into differences of entrepreneurship growth in terms of the necessity and opportunity based entrepreneurships. Also, his related research project is based on the Enterprise Survey by the World Bank group looking into obstacles to entrepreneurship growth, and performance measures. He also consulted and conducted research for several local and international agencies including USAID, UNDP, IMO, and American Chamber of Commerce. Currently he is an Affiliate Fellow of the Affiliate Fellow of the Center for Economic Research and Graduate Education –Economics Institute, (CERGE-EI) Foundation, Prague, Czech Republic.

Timur Narbaev, Ph.D., PMP®, Associate Professor

Timur Narbaev, PhD, PMP®, Aff.M.ASCE, is an Associate Professor with the KBTU Business School and Associate Dean for Development. He has a vast experience as a trainer and consultant providing expertise in project and risk management to many industries including energy, construction, IT and telecommunications, both regionally and globally. Among ongoing contributions to the region, he runs an initiative project to map the project management technologies for Kazakhstani education and main industries. He provides strategic analysis for an oil and gas company KazMunaiGas among others and advices for the local government on recognition of doctorate level qualifications. He participates on program improvement for business education, coordinates ACBSP accreditation works and is a director of KBTU MS Program in Supply Chain and Project Management. As a researcher, his interests are in the area of project management and decision science tools applied to various social, economic, managerial and engineering systems. He is an international advisor of the PM World Journal to advance the profession of Project Management and reviews for top journals in the field. In 2014, he was nominated and finalist for the IPMA 2014 Young Researcher Award and and recipient of the Thomson Reuters 2016 Science Leader Award in the nomination the Kazakhstan Highly Cited Young Researcher for 2008-2015. Prior to joining KBTU, he worked as a research consultant and trainer at the Politecnico di Torino (Italy), project manager for the EU initiatives and a construction manager for major building industry. He received his PhD in Project Management from Politecnico di Torino, Italy (2013). Timur is a certified British Council trainer, Project Management Professional®, member of the Project Management Institute and the American Society of Civil Engineers.

Assel Jumasseitova, Ph.D. Associate Professor

Assel Jumasseitova is an economist who works at the intersection of international economics, development economics, and international business. She joined KBTU in December 2007. She has PhD in economics (2004) and PhD in management (2014). She had a research fellowship while working on her doctoral degree in University of Birmingham (UK). Assel passed Induction Course for Approved Tutors covered Petroleum Economics and Finance of International Upstream Projects at Herriot-Watt University (UK). In 2017 she had post doc in Henley Business School, University of Reading (UK). Some results of her research were presented at 4th Eurasian Research Forum at University of Cambridge (2017), and at Workshop on WTO Matters for Academics from the CECAC region , Geneva Switzerland. She is also author of tutorial book ―International Business‖ used in leading undergraduate courses. 10

Almas Mamyrbaev, CPA, Ph.D. Assistant Professor

Almas Mamyrbayev, MSc, PhD in Management is a local faculty member. He has PhD in Management Science from Kazakh – British Technical University, 2014 and obtained master‘s degree in Public Policy and Management from the Truman School of Public Affairs on a Muskie Fellowship awarded by the International Research and Exchanges Board (IREX) in 2007, US, Missouri. This scholarship is available to students from the former Soviet Union and is awarded based on academic excellence, leadership potential, proficiency in written and spoken English, and relevant work experience. In 2014, Mamyrbayev successfully passed qualifying accounting exams and become a Certified Professional Accountant. His industry experience includes work for Butya Trade Company, the Ministry of Finance of the Republic of Kazakhstan and one of the largest industrial companies of Kazakhstan Eurasian Resources Group. Currently, Almas is involved as a trainer in training project for entrepreneurs ―Business Relations‖ organized by Kazakhstani National Chamber of Entrepreneurs. The purpose of the project is to support small and medium business involved in priority sectors of the economy by helping them to establish networks with foreign partners and organizations. At KBTU, Mamyrbayev teaches such courses as International Financial Reporting Standards, Taxes and Taxation, Managerial Accounting, Financial Statement Analysis, Introduction to Accounting, Introduction to Finance.

Donald Hoskins, CFA, MBA, Assistant Professor

During a career of 20 years on Wall Street in investments and banking, Professor Hoskins has been the portfolio manager of a top-performing emerging markets mutual fund, research director of a two-billion-dollar hedge fund, and co-founder of a private equity fund. Professor Hoskins earned an MBA from University of Virginia‘s Darden School and a AB degree from the University of California at Berkeley. His academic experience began at American University, Washington, DC, and for the past 9 years teaching finance in Kazakhstan; where he was recognized as a top-20 finalist for The Economist Business Professor of the Year award. A former consultant to the World Bank and the National Bank of Kazakhstan, Professor Hoskins continues to be active in the professional investment community as an investment advisor to several institutional and high net-worth investors. Professor Hoskins is one of 68 Chartered Financial Analysts in Kazakhstan, the most prestigious distinction in the global investment industry, and as Director of KBTU's Masters of Financial Analysis program, KBTU has become the only Recognized University by the CFA Institute in Central Asia.

Yelzhas Aubakirov, CFA, CFM, CMA, Assistant Professor

Yelzhas is an executive director of KBTU Institute of Engineering and Information Technologies and an assistant professor with the KBTU Business School where he teaches finance courses. Before joining KBTU, he worked as an investment director of Al Falah Investment Management Ltd. (Kazakh private company located in Almaty with domestic subsidiaries) and as an associate director of KPMG Tax and Advisory Department. He teaches Business Valuation, Fixed Income Instruments, Global Financial Institutions, International Finance

Diana Amirbekova, Ph.D. (ABD), Senior Lecturer

Diana Amirbekova started her career as an academic in KBTU Business School in January 2015. She has a master degree in Management from KBTU and currently completing her PhD in Management. Her thesis is focused on studying knowledge competence in SMEs in Kazakhstan, its impact on performance. Over the past 4 years she had several research internships in UK (University of Birmingham, University Campus Suffolk) and participated in international conferences to present her findings of research on knowledge competence (Italy, Finland, Thailand). She developed her academic and professional skills by participating in trainings organized by Sanjari International College UK (June 2014), British Council (October 2015, April 2016), Kozminski University (May 2016). She is currently involved in research on human capital development and IT cluster in Kazakhstan. Diana contributed to the university‘s partnership development with Kozminski University (Poland), EADA (Spain). Her undergraduate classes focus on areas of innovation management, strategic management, entrepreneurship, new product development, HRM.

Madina Subalova, Ph.D., Assistant Professor

Madina has a BSc Marketing and Finance from KIMEP University, MSc in Marketing and PhD Business Management from University of East Anglia. From 2011-2013 she received a teaching experience at University of East Anglia. She is a member of KBTU Business School family since 2015. Here she leads the courses of Marketing and Management, Change Management and Social Media Marketing. Also, Madina currently also is participating in the initiative of Institute of Engineering and Information Technologies to provide courses for local entrepreneurs. Furthermore, Madina is also involved in research of microfinance organizations and their impact on the formalization process of entrepreneurs. She also is expanding her research interest into Project Management development in Kazakhstan in connection with sustainable development.

Egor Pak, Ph.D. (ABD), Senior Lecturer

Egor Pak obtained his MA in Global Political Economy from City University London, School of Social Sciences, United Kingdom in 2011. Prior to that he completed MSc in Supply Chain, Trade and Finance with Distinction at Cass Business School, City University London, United Kingdom. Being a graduate student he was awarded a full membership in the Chartered Institute of Purchasing and Supply (MCIPS), United Kingdom. Currently Egor Pak is a Ph.D. student at Moscow State Institute of International Relations (MGIMO), Russia doing his research on transport and logistics cooperation in the format of Eurasian Economic Union (EAEU). Egor Pak has been working at Kazakh-British Technical University (KBTU) in the position of Senior Lecturer since 2013. He delivers lectures and tutorials in Operations Management and Project Management to 3d and 4th-year bachelor students as well as supervises graduate qualification papers. In 2015 Egor Pak joined Masters Programme in Supply Chain and Project Management with a Transportation and International Logistics course. Besides, in spring 2015 he was appointed as a member of the State examination commission and State entrance commission at KBTU. Egor Pak is a constant attendant of various international scientific conferences with the results of his research published in a number of publications, including journals recommended by the High Attestation Commission of Russia and SCOPUS. He is currently completing his PhD (ABD) at Moscow State Institute of International Relations (MGIMO, Russia).

Christian Capone, MBA, Senior Lecturer

Christian Capone, MBA, is from Italy. He has a Master of Business Administration in Oil and Gas from the Kazakh-British Technical University, Almaty - Kazakhstan, 2014 and before he studied in ―La Sapienza‖, Rome, Italy, 1990 in the ―Aerospace School‖ as an aerospace engineer. From 1994 to 2014 he was employed in various Italian companies in ICT area, starting his career as a software developer and then software engineer, project manager, program manager and chief technical officer. His career has been focused on improving process efficiency and cost reduction. In 2014 he moved to Almaty, Kazakhstan and he founded a company, Think.it, by which he is providing consultancy services in various local and international companies. He is currently involved in research and training projects on smart cities, urban and regional economic development. He teaches currently various management disciplines — as organizational behavior, project management, supply chain management, operations management, risk analysis and management — in Kazakh-British Technical University (Almaty) and in Miras International School (Almaty).

PART IV –BS IN MANAGEMENT PROGRAM DESCRIPTION AND CURRICULUM

Mission

BS in Management program‘s mission is to prepare students with the specialized knowledge and skills in management at the level of international standards, as well as train them to make a competent contribution to the economic and social development of Kazakhstan.

Goals

The overarching common goals are to:  offer undergraduate programs in business administration with integrated multi-disciplinary curriculum and comparable, in terms of quality and standards, to leading programs offered at universities in Europe and the US;  educate and develop business leaders capable of effectively managing organizations in Kazakhstan and internationally, in an ethical manner;  prepare graduates who will make significant contributions to the community in which they work, whether in business or in the public and non-profit sectors.

Program Objectives

Common objectives of programs are to:  provide students with undergraduate-level, cross-functional knowledge in the areas of Economics, Accounting, Finance, Management, Marketing, Information Systems, Operations Management, Business Law and Taxation;  foster students‘ critical thinking, analytical and communication skills;  provide a solid foundation knowledge to graduates who want to pursue graduate study in the field of business and related disciplines;  educate undergraduate students for ethical service to their society and the broader regional and international community;  provide specialized knowledge and develop necessary skills for successful careers in one of the areas of Accounting and Audit, Finance, Management and Marketing.

Common Learning Objectives

The common learning objectives of all undergraduate business programs are to ensure that graduates have:  A satisfactory knowledge of: o the micro-economic business issues and macro-economic business environment; o the core business disciplines of Accounting, Finance, Marketing, Management, Operations Management, Information Systems Business Law and Taxation; o quantitative and qualitative techniques of problem solving;  The necessary cognitive, inter-personal and self-management skills to: o communicate ideas and information clearly and effectively in written and oral English; o use information technology for the retrieval, analysis and presentation of information; o work effectively with others in the pursuit of common objectives; o undertake supervised independent research and internship, involving the synthesis and application of theoretical constructs to topics in the fields of business, with a specific focus on Kazakhstan and Central Asia; o describe the interdisciplinary nature and challenges of business operations and apply cross- functional knowledge for strategic management of organizations; o ethics as they apply both to general business practices and in the area of specialization.

Common Intended Learning Outcomes (ILOs)

At successful completion of each program, students will be able to: 1. describe and articulate key concepts and major paradigms and theoretical perspectives within the discipline of business administration; 2. identify and apply various decision making tools and techniques in functional areas of Accounting, Finance, Management and Marketing; 3. analyze and solve business problems, using the necessary quantitative and qualitative tools; 4. use information technology for the retrieval, analysis, and presentation of information for effective management of business organizations; 5. communicate ideas and information clearly and effectively in written and oral English; 13

6. describe and apply the concepts and theories of ethics as they apply to business organizations;

7. synthesize and apply integrated knowledge for effective strategic management of organizations; 8. undertake supervised practical training and independent research, involving the synthesis and application of theoretical constructs to topics in the fields of business.

Unique Intended Learning Outcomes (ILOs) – Management

At successful completion of the program, graduates will be able to: 1. describe the core concepts of management theory, knowledge and practice; 2. communicate on a professional level using contemporary communication technologies; 3. apply appropriate analytical tools for planning, development and implementation of strategy; 4. demonstrate managerial competences for leading people and organizations toward organizational success in competitive environments, local and global; 5. identify diverse managerial roles and exercise judgment in highly dynamic and complex business environments; 6. Describe and apply the concepts and theories of ethics as they apply to the field of Management.

DEGREE REQUIREMENTS

Specific course requirements for BS in Management program are as follows:

Courses Credits Core Courses 63 General Courses 39 Specialty Courses 27 Internship 4 Graduation Project Internship 4 External Assessment of Education Achievements 0 State Examination Specialty 1 Diploma Preparation and Defense 8 Total 146

Core Courses

Course Course Title Credits Code ECO 1201 Introduction to Economics 3 ECO 1202 Business Statistics (Using Excel) 3 MNG 1201 Introduction to Management 3 FIN 1201 Introduction to Finance 3 MAT 1212 Mathematics for Economists 3 ECO 1213 Microeconomics 3 MNG 1202 Introduction to Marketing 3 MNG 1203 Business Communications 3 FIN 1202 Introduction to Accounting 3 ECO 1206 Econometrics 3 ECO 1214 Macroeconomics 3 FIN 1205 Corporate Finance 3 FIN 1208 Managerial Accounting 3 MNG 1204 Research Methods in Business 3 MNG 1206 Entrepreneurship 3 MNG 1215 Human Resources Management 3 14

ECO 1203 Economics of Competitiveness 3 MNG 1205 Business Planning and Consulting 3 3 Elective Disciplines 9 Total 63 General Courses Course Course Title Credits Code LAN 1103 Group I (4,5 <= IELTS < 5,0) - Academic English LAN 1104 Group II (5,0 <= IELTS < 6,0) - Business English 3 LAN 1106 Group III (6,0 <= IELTS ) - Advanced English MAT 1101 Calculus I 3 HUM 1101 Modern History of Kazakhstan 3 CSE 1101 Information Communication Technology 3 LAN 1115 / General Kazakh Language (A2) / Russian Language LAN 1119 3 LAN1116 Academic Kazakh Language (В1) LAN 1117 Business Kazakh Language (В2) LAN 1104 Group I - Business English LAN 1105 Group II - Professional English (B2) 3 LAN 1122 Group III - Professional English (C1) MAT 1102 Calculus II 3 HUM 1102 Philosophy 3 5 Elective Disciplines 15 Total 39

Specialty Courses

Course Course Title Credits Code MNG 1301 Operation Management 3 MNG 1303 Innovation Management 3 MNG 1304 International Business 3 MNG 1302 Project Management 3 MNG 1305 Strategic Management 3 MNG 1306 Strategic Human Resources Management 3 3 Elective Disciplines 9 Total 27

Internship,Graduation Project Internship, State Examination Specialty, Diploma Preparation &Defense Course Course Title Credits Code PRA303 Internship 4 PRA404 Graduation Project Internship 4 External Assessment of Education Achievements 0 STE 401 State Examination Specialty 1 DP401 Diploma Preparation & Defence 8 Total 17

Elective Courses

Elective Disciplines requires 3 core course sselected from

ECO 1204 History of Economic Thought

ECO 1205 Statistics II ECO 1207 International Economics ECO 1208 Economics of Nature ECO 1209 Data Analysis and Economic Forecasting ECO 1210 Industrial Economics ECO 1211 Evaluation of Oil and Gas Projects ECO 1212 Business Valuation FIN 1203 Auditing

FIN 1204 Intermediate Financial Accounting

MNG1207 Business Development Strategy MNG 1208 Tools and Methods of Decision-making MNG 1209 Quality Management MNG 1210 Business Ideas and Opportunities MNG 1211 Business Creation and Growth MNG 1212 Business Ethics MNG 1213 Production Management

MNG 1214 Marketing and Social Media

Group B: Elective Disciplines for general courses HUM 1103 History of Modern Europe (1789-1989 ) HUM 1104 Sociology HUM 1105 Political science HUM 1106 Psychology HUM 1107 Religious Studies HUM 1108 Fundamentals of Law LAN 1106 Advanced English LAN 1107 Introduction to IELTS LAN 1108 TOEFL LAN 1109 Business Negotiations and Correspondence LAN 1110 Conversational English LAN 1111 Intercultural Communication Group C: Elective Disciplines for specialty courses MNG 1307 Corporate Management MNG 1308 Supply Chain Management System MNG 1309 Organisational Behaviour MNG 1310 Leadership and Motivation MNG 1311 Corporate Governance MNG 1312 Change Management MNG 1313 Logistics Management MNG 1314 Consumer Behaviour MNG 1315 E-Business

PART V –BS IN FINANCE PROGRAM DESCRIPTION AND CURRICULUM

Mission

BS in Finance program‘s mission is to prepare students with the specialized knowledge and skills in finance at the level of international standards, as well as train them to make a competent contribution to the economic and social development of Kazakhstan.

Goals

Program Objectives

Common Learning Objectives

Common Intended Learning Outcomes (ILOs)

6. describe and apply the concepts and theories of ethics as they apply to business organizations; 7. synthesize and apply integrated knowledge for effective strategic management of organizations; 8. undertake supervised practical training and independent research, involving the synthesis and application of theoretical constructs to topics in the fields of business.

Unique Intended Learning Outcomes (ILOs) – Finance

At successful completion of the program, graduates will be able to: 1. describe and apply capital budgeting techniques in evaluating investment decisions; 2. demonstrate analytical and computational skills in determining the optimal level of capital structure; 3. analyze the current business and investment environment (domestic and international), including the effect of changes in exchange rates, interest rates, and inflation, in making investment and portfolio management decisions; 4. explain and apply the methods of evaluating portfolio performance; 5. demonstrate knowledge in analyzing financial statements of banks and banking operations and performance; 6. describe financial regulations and supervision requirements and demonstrate computational skills in calculating the capital adequacy ratio; 7. describe and apply the concepts and theories of ethics as they apply to the field of Finance.

DEGREE REQUIREMENTS

Specific course requirements for BS in Finance program are as follows:

Core Courses

MNG 1206 Entrepreneurship 3 FIN 1206 Investments 3 FIN 1207 Financial Accounting According to IFRS 3 MNG 1205 Business Planning and Consulting 3 3 Elective Disciplines 9 Total 63 General Courses Course Course Title Credits Code LAN 1103 Group I (4,5 <= IELTS < 5,0) - Academic English LAN 1104 Group II (5,0 <= IELTS < 6,0) - Business English 3 LAN 1106 Group III (6,0 <= IELTS ) - Advanced English MAT 1101 Calculus I 3 HUM 1101 Modern History of Kazakhstan 3 CSE 1101 Information Communication Technology 3 LAN 1115 / General Kazakh Language (A2) / Russian Language LAN 1119 3 LAN1116 Academic Kazakh Language (В1) LAN 1117 Business Kazakh Language (В2) LAN 1104 Group I - Business English LAN 1105 Group II - Professional English (B2) 3 LAN 1122 Group III - Professional English (C1) MAT 1102 Calculus II 3 HUM 1102 Philosophy 3 5 Elective Disciplines 15 Total 39

Specialty Courses

Course Course Title Credits Code FIN 1303 Derivatives 3 FIN 1304 Financial Risk Management 3 FIN 1305 Global Financial Institutions and Markets 3 FIN 1306 Financial Statement Analysis 3 FIN 1307 Taxes and Taxation 3 FIN 1308 Quantitative Investment Management 3 3 Elective Disciplines 9 Total 27

Elective Disciplines requires 3 core courses selected from

Group A and 5 general courses selected from Group B and 3 specialty courses selected from Group C Group A: Elective Disciplines for core courses CSE 1213 Excel for Business CSE 1214 Information Systems for Business ECO 1204 History of Economic Thought ECO 1205 Statistics II ECO 1207 International Economics ECO 1208 Economics of Nature ECO 1209 Data Analysis and Economic Forecasting ECO 1210 Industrial Economics ECO 1211 Evaluation of Oil and Gas Projects ECO 1212 Business Valuation

FIN 1203 Auditing

FIN 1204 Intermediate Financial Accounting

MNG1207 Business Development Strategy

MNG 1208 Tools and Methods of Decision-making

MNG 1209 Quality Management MNG 1210 Business Ideas and Opportunities MNG 1211 Business Creation and Growth MNG 1212 Business Ethics MNG 1213 Production Management MNG 1214 Marketing and Social Media MNG 1215 Human Resource Management Group B: Elective Disciplines for general courses HUM 1103 History of Modern Europe (1789-1989 ) HUM 1104 Sociology HUM 1105 Political science HUM 1106 Psychology HUM 1107 Religious Studies HUM 1108 Fundamentals of Law LAN 1106 Advanced English LAN 1107 Introduction to IELTS LAN 1108 TOEFL LAN 1109 Business Negotiations and Correspondence LAN 1110 Conversational English LAN 1111 Intercultural Communication Group C: Elective Disciplines for specialty courses FIN 1301 Advanced financial management FIN 1302 Banking FIN 1308 Financial Modeling Using Excel FIN 1309 International Finance FIN 1310 Wealth Management

FIN 1311 Financial Institutions Management

FIN 1312 Quantitative Investment Analysis

FIN 1313 Insurnce

FIN 1314 Financial Markets Regulation

FIN 1315 Portfolio Management

PART VI –BS IN ACCOUNTING AND AUDIT PROGRAM DESCRIPTION AND CURRICULUM

Mission

BS in Accounting program‘s mission is to prepare students with the specialized knowledge and skills in accounting at the level of international standards, as well as train them to make a competent contribution to the economic and social development of Kazakhstan.

Goals

Program Objectives

Common Learning Objectives

Common Intended Learning Outcomes (ILOs)

Unique Intended Learning Outcomes (ILOs) – Accounting and Audit

At successful completion of the program, graduates will be able to: 1. describe and apply accounting techniques in evaluation of company's activities; 2. demonstrate analytical and computational skills in determining the optimal level of capital structure; 3. analyze the current business and investment environment (domestic and international), including the effect of changes in exchange rates, interest rates, and inflation, in making investment and portfolio management decisions; 4. explain and apply the methods of evaluating portfolio performance; 5. demonstrate knowledge in analyzing financial statements of banks and banking operations and performance; 6. describe financial regulations and supervision requirements and demonstrate computational skills in calculating the capital adequacy ratio; 7. describe and apply the concepts and theories of ethics as they apply to the field of Accounting.

DEGREE REQUIREMENTS

Specific course requirements for BS in Accounting and Audit program are as follows:

Total 146

Core Courses

FIN 1306 Financial Statement Analysis 3 MNG 1205 Business Planning and Consulting 3 3 Elective Disciplines 9 Total 63 General Courses Course Course Title Credits Code LAN 1103 Group I (4,5 <= IELTS < 5,0) - Academic English LAN 1104 Group II (5,0 <= IELTS < 6,0) - Business English 3 LAN 1106 Group III (6,0 <= IELTS ) - Advanced English MAT 1101 Calculus I 3 HUM 1101 Modern History of Kazakhstan 3 CSE 1101 Information Communication Technology 3 LAN 1115 / General Kazakh Language (A2) / Russian Language LAN 1119 3 LAN1116 Academic Kazakh Language (В1) LAN 1117 Business Kazakh Language (В2) LAN 1104 Group I - Business English LAN 1105 Group II - Professional English (B2) 3 LAN 1122 Group III - Professional English (C1) MAT 1102 Calculus II 3 HUM 1102 Philosophy 3 5 Elective Disciplines 15 Total 39

Specialty Courses

Course Course Title Credits Code FIN 1318 Intermediate Accounting I 3 FIN 1319 Intermediate Accounting II 3 FIN 1307 Taxes and Taxation 3 FIN 1203 Auditing 3 FIN 1321 Cases in Accounting 3 FIN 1320 IFRS Accounting 3 3 Elective Disciplines 9 Total 27

Elective Disciplines requires 3 core courses selected from Group A and 5 general courses selected from Group B and 3 specialty courses selected from Group C Group A: Elective Disciplines for core courses CSE 1213 Excel for Business CSE 1214 Information Systems for Business ECO 1204 History of Economic Thought ECO 1205 Statistics II ECO 1207 International Economics ECO 1208 Economics of Nature ECO 1209 Data Analysis and Economic Forecasting ECO 1210 Industrial Economics ECO 1211 Evaluation of Oil and Gas Projects ECO 1212 Business Valuation

FIN 1203 Auditing

FIN 1204 Intermediate Financial Accounting

MNG1207 Business Development Strategy

MNG 1208 Tools and Methods of Decision-making

FIN 1311 Financial Institutions Management

FIN 1312 Quantitative Investment Analysis

FIN 1313 Insurnce

FIN 1314 Financial Markets Regulation

FIN 1315 Portfolio Management

PART VII – BS IN MANAGEMENT COURSE DESCRIPTIONS

Required Courses

Core Courses

ECO 1201 Introduction to Economics This course is an introduction to economic concepts and basic economic theory. The course is split between the study of microeconomics, which focuses on the decision making of individual consumers and firms and macroeconomics with focuses on aggregate level economic questions such as interest rates, government spending, among others. In this course we will develop economic tools to analyze and evaluate public policies, poverty and welfare questions, and other applied topics.

ECO 1202 Business Statistics (Using Excel) The central theme of the course is to help you learn to understand the business world from data. The aim of this course is to introduce students to statistical methods and their applications in business and economics. ―Beyond the formula‖ skills are emphasized. This course will require you to: think critically, be skeptical, think about variation (rather than just about the center), move beyond a ―memorize the answer‖ approach, and think about conditional probabilities and rare events when making inferences from data. Some mathematical skill is required to work with elementary statistics (basic high school algebra is the mathematical prerequisite), but mathematical manipulations will be replaced by relying on technology for the calculations and graphics; this will allow more emphasis to be placed on the ―beyond the formula‖ skills mentioned above. This course requires more intellectual effort than the low mathematical level suggests! It is related to every other course you may study. The course is elementary in mathematical level but conceptually rich in statistical ideas and serious in its aim to improve your data-analytic skills and your ability to apply statistical methods with understanding.

MNG 1201 Introduction to Management This is an introductory course designed as an overview of the theory and practice of Management with a focus on Contemporary Managerial Practices. The concept of management is presented as a discipline as well as a process. The course aims to provide students with the knowledge of the basic management theories and understanding of the management science. It will cover the basic functions of management: planning, organizing, leading, and controlling. The application of the management functions and related theories will be practiced during class activities.

FIN 1201 Introduction to Finance This course provides an introduction to finance with a broad scope and emphasis on general concepts and principles. It introduces basic tools and techniques that are essential in understanding major theories of finance and making financial decisions. Through an examination of agents, instruments, institutions, and modern financial issues, students will will learn essentials of finance, financial markets and institutions, time value of money and discounting, financial performance analysis, capital budgeting, stock and bond valuation, investments, managerial finance, and introduction to corporate finance. In addition, the course will provide an overview of financial issues related to monetary policy and its tools, exchange rate and exchange markets, and the efficient markets hypothesis. Students are expected to have working knowledge of algebra, statistics, and applications skills of spreadsheet software such as Excel.

MAT 1212 Mathematics for Economists Prerequisites: Calculus I, Business Statistics (Using Excel) The course of mathematics for economists is the course for students of specialty ―5B050700-Management‖ and ―5B050900-Finance‖. It contains the following chapters: Probability concepts, Common probability distributions, Sampling and estimation, Hypothesis testing, Correlation and regression.

ECO 1213 Microeconomics Prerequisites: Introduction to Economics The purpose of the course is to develop basic analytical tools of microeconomics and apply these tools to study contemporary issues and policies in economics. A good grasp of microeconomics is critical in many instances of business managerial decision making, as well as in designing and understanding of public policy, and more generally in appreciating of a modern economy functions. Generally speaking, different types of analysis is offered to understand major segments of the economy—specifically, consumers and producers—as they interact 25 in output markets and resource markets, and to understand the government‘s impact on these specific economic units. Topics covered include the theory of the consumer (utility maximization and demand), the theory of the firm (cost minimization/profit maximization and supply), market structure (competition, monopoly, oligopoly), and game theory (strategic interaction between economics agents) and market failures (asymmetric information, externalities and public goods). This course is intended to improve the essential economic thinking skills of the students, enabling them to discern, comprehend and confront the major microeconomic issues.

MNG 1202 Introduction to Marketing Marketing is one of the fundamental disciplines for the professional workers of the market: executives, managers, production organizers, members of administrative staff at various levels. Marketing is a creative activity in the administration sphere, which promotes the expansion of production by identifying customer‘ sinquiries and the organization of research activities aimed at satisfaction of these needs. In modern conditions marketing turns into the tool of achieving the commercial successes of the enterprise basedon the effective use of its potential with a focus on satisfaction of customer‘s inquiries in conditions of competitive environment. Study of the ―Marketing‖ course gives to the students a meaningfulhelpinrealizationoftheoreticalknowledgeinmarketingsectorpractically, exactly in privatecompanies, stateinstitutions.

MNG 1203 Business Communications Prerequisites: Business English The skills taught in this course are essential for surviving and succeeding in today‘s corporate world. You will learn to analyze, understand and write clear and concise business communiqués, develop skills for high level interpersonal communication and strengthen your oral presentation competence. The course introduces a range of business communication methods and examines the technologies available for convey business messages. Other key components of the course include a review of important communication theories and strategies we can adopt to plan different types of communications. The course also introduces the topic of corporate communications which is about how organizations (rather than employees) communicate. Ethics is a very important part of business communications. We will spend two lectures on this topic and this will be complemented with a home task on communicating ethically in business messages. This course is 150 learning hours long. Almost one-third of this is lectures. The other two-thirds is home study including reading the course text book and other books, doing home work, and self-guided research. I wish you well with your study of Business Communication and hope that you find the course interesting, enjoyable and practically useful.

FIN 1202 Introduction to Accounting This course is designed to introduce students to the fundamentals of financial recording and reporting. The course provides an understanding of the role of accounting in managerial decision-making for both public and private sectors. It provides deeper and more detailed consideration of the accounting valuation techniques and reporting practices existing in the current business environment. The fair presentation of financial statements to external third parties will be emphasized.

ECO 1206 Econometrics Prerequisites: Business Statistics (Using Excel) This course is designed to teach students how to qualify and test theories related to finance and management. We cover the basic ideas of linear regression, first with the two-variable regression model and then with the multivariate model and then with the multivariable model, using both quantitative and qualitative variables. Then we deal with the practical consequences of relaxing various assumptions of the classical linear regression model. At the end of the semester, students will be able to set up an econometric model, estimate the model, perform appropriate diagnostic and hypothesis tests, and interpret the results using cross-sectional, time series and panel data.

ECO 1214 Macroeconomics Prerequisites: Introduction to Economics This course is an introduction to the behavioral science of economics which focuses on the aggregate behavior of households, firms and the government. The purpose of the course is to develop basic analytical tools of macroeconomics and apply these tools to study contemporary issues and policies in economics. A good grasp of macroeconomics is critical in many instances of business managerial decision making, as well as in designing and understanding of public policy, and more generally in appreciating of a modern economy functions.Generally speaking, different types of analysis is offered to understand major segments of the economy—specifically, consumers and producers—as they interact in output markets and resource markets, and to understand the government‘s impact on these specific economic units.

The topics covered include gross domestic product, national income, economic growth, unemployment, inflation, the business cycle, fiscal policy and monetary policy, and international trade.

FIN 1205 Corporate Finance Prerequisites: Introduction to Finance Corporate Finance is a required course for all undergraduate finance majors and a possible elective for non- finance majors who have had some exposure to the subject of finance. We will begin with how corporations make capital investment decisions, the tools used in analysis and how risk is assessed. The course will then examine how corporations raise capital in the market using various financial instruments. We will conclude with how corporations determine the optimal capital structure. Throughout the course we will consider how corporations strive to maximize the value of their shareholders‘ wealth while consistently acting in an ethical manner with all stakeholders.

FIN 1208 Managerial Accounting Prerequisites: Introduction to Accounting This course is an intensive study of managerial accounting concepts and their use in business decisions. We will examine the development and analysis of cost information for management use in decision-making, income determination, and performance evaluation.

MNG 1204 Research Methods in Business Prerequisites: Business Statistics (Using Excel) The objective of the course is to introduce students to the subject of research, using both and qualitative and quantitative methods, and focusing on the use of research in business. The course will focus on the study of research by standard qualitative methods, such as interviews and focus groups, rather than purely quantitative methods such as questionnaires and statistical sampling. However, as this is he first experience that many of the students will have had about research, there is a need to refer to both quantitative and qualitative methods, at least as appreciation level, although during this course, quantitative methods are only referred to, all the major exercises are done using qualitative methods.

MNG 1206 Entrepreneurship Prerequisites: Introduction to Management This course is designed to show the vital and overwhelming role of the entrepreneurship, entrepreneurial way of thinking and high technologies on modern world. Globalisation and technology disruption will dramatically change the economic and business profile in every country on the globe. The course is designed to give students a flavour of being entrepreneur, solving real live business challenges, and achieving goals with very limited resources and very tight time period. The course split onto several major parts: 1) Introduction into innovations and high technologies. We will dive into the ancient history and find major drivers that push innovation and technology progress. Then, one by one, we will review some segments of high technology sector - artificial intelligence, robotics, internet of things, energy, transport, medicine and others. We will review major trends, case studies, companies and startups involved, as well as social and ethical challenges that this particular vertical brings or will bring to the humanity. 2) Global business. We will review globalisation from the history prospective and will understand what drives countries and businesses become closer to each other. Small companies also become global - there will be discussions of various cases and examples of global small businesses. This part will also give very high level on geopolitics and economic geography, as well as how globalisation, technology and politics affect on all businesses, irrespectively of wether they are global or local. 3) Running startup. Hands on methodology and approach to run own startup - from finding idea, through building team, developing technology, financing, marketing and sales. This will be brief journey to what it takes to be an entrepreneur. Across entire course students will be asked to for small groups (4 - 5 members) and launch their own micro- business. The ultimate objective will be getting first clients or users and (ideally) making first sales. This project is the major tool to understand all nuances and challenges that entrepreneur faces in his / her business and learn everything by doing.

MNG 1215 Human Resources Management Prerequisites: Introduction to Management Understanding Human resource management (HRM) is an essential requirement for all management students. Eventually as a manager you will be making many decisions about people in organizations. HRM is about implementing policy, procedure and practice in pursuit of efficiency and effectiveness. This vast area of study provides theoretical frameworks and practical guidance about how organizations can be structured, how they can innovate, and how they can create meaning, success and well being for the people working within them. The course is designed to expand upon the activities of HRM in organizations‘ staffing, training evaluation, 27 compensation, welfare and employee relations, and setting out how they contribute to organizational outcomes/ business strategic management. Also the course provides an opportunity to implement theoretical framework to the case study of Kazakhstan legislative and social context

ECO 1203 Economics of Competitiveness Prerequisites: Business Statistics (Using Excel) This undergraduate course in government regulation of the economy and economics of competitiveness provides a solid basis for students in the third year of their studies to understand the scope and limitations for the government in regulation of the economy, and in particular the role of government in creating a competitive economy. The course is based firmly on the traditional economic approach to defining and understanding the role of government in both the micro-economy (concerned with protecting the rights of individuals and organisations) and in the macro-economy (concerned with the promotion of trade and economic growth and dealing with major macroeconomic issues such as inflation and unemployment). The role of multinational trade organisations and international financial organisations is also covered in the course to give the students an understanding of how multinational approaches to trade and regulation have been aimed at promoting growth across borders and regions. The latter part of the course provides an introduction to the more recently developed framework for assessing the competitiveness of a country, which reinforces the framework developed in economic theory of ‗competitiveness‘ providing a platform for productivity, and assessing the active role that a government can playing partnership with businesses in developing a competitive economy, that has the capacity for growth and innovation in a rapidly changing world environment.This course provides an introduction for those wishing to assess the role of government as a stand-alone topic, and provides a solid platform for those who may wish to cover the Microeconomics of Competitiveness course. The course aims to encourage students to start thinking creatively about the wide-ranging subject of ‗competitiveness‘ and how it applies to economics and to other subjects such as management, strategy and finance.

MNG 1205 Business Planning and Consulting Prerequisites: Business Communications This course teaches students how to assess and estimate the market potential for business ideas. It provides thorough and realistic guidance towards the process necessary to turn an entrepreneurial idea into a business plan that will attract investors, partners and/or shareholders. In a systematic manner the course will guide students through collection and organization of the fundamental information necessary to prove the viability of a business idea and turn it into a self-sustaining enterprise. There will be heavy emphasis on knowing the customers intimately; on careful analysis of all the potential competitors; and on understanding the external environment and how it can affect businesses. All products and support services should be designed around the customers‘ needs and should use their strengths to develop a convincing competitive advantage. The resulting plan should thoroughly and explicitly reveal how all these factors have been taken into consideration in developing the suggested business strategy. It is important that all these elements of the strategy are based on market forecasting and financial projections.

Specialty Courses

MNG 1301 Operation Management Prerequisites: Business Statistics (Using Excel) The purpose of the course is to introduce the main Operations Management (OM) matters to the students and acquaint them with the principles of OM on a global level. To that end it is not so much about the academic study of processes and organizations but is about the practical way of how to establish, operate and improve an operating system – to maximize people‘s productivity, efficiency and effectiveness.

MNG 1303 Innovation Management Prerequisites: Introduction to Management The course is designed to provide students with concepts of innovation management through critical analysis and understanding of innovation processes in organizations, role of operation management and R&D, managing intellectual property and organizational knowledge, and technology transfer, new product development.

MNG 1304 International Business Prerequisites: Introduction to Management This course addresses fundamental issues in developing international strategies and managing in the international environment. The course explores competitive, socio-cultural and political environments in which 28 international business takes place. This course incorporates guest lecturers and case studies that illustrate the activities of a firm across international boundaries. International Business provides students with key concepts and skills to identify international risks, formulate appropriate strategies and implement applicable action plans to achieve company goals. The course consists of 1) Globalization and theories of international trade 2)Environmental factors, regional economic integration and emerging markets 3)Strategy and opportunity assessment 4)Entering strategies and operating in international markets. The course is rich in case studies, reading examples related to both developing and developed countries.

MNG 1302 Project Management Prerequisites: Business Statistics (Using Excel) Global organisations are adapting project management (PM) technologies for successful transformation of their businesses to make them more efficient and sustainable. This course intends to provide a guidance in-depth for successful management of projects covering technical, behavioural, and strategic aspects of modern PM. This course will introduce students to the project management and it will give to them a basic knowledge on the key constituents of the project management activity with a strong focus on practical implementation of tools, techniques and best practices. Moreover, the course will give to the students a practical guide on how to use freeware software tools in order to plan, execute and control projects.

MNG 1305 Strategic Management Prerequisites: Introduction to Management The course is designed to provide students with core concepts in the area of strategic management through critical analysis and review of strategic management processes: environmental scanning, strategy formulation, strategy implementation, evaluation and control.

MNG 1306 Strategic Human Resources Management Prerequisites: Human Resources Management In a world where change is so rapid and product and process-based competitive advantage is increasingly short term driven by technological change, the role of effective management of human resources has become, more, rather than less important. This course will assess how to develop business strategy based on the only sustainable competitive advantage organizations have -their human resources. Rather than an add-on, secondary or operational consideration, human resources are placed at the centre of effective strategy development and implementation.

PART VIII – BS IN FINANCECOURSE DESCRIPTIONS

Required Courses

Core Courses

MAT 1212 Mathematics for Economists Prerequisites: Calculus I, Business Statistics (Using Excel) The course of mathematics for economists is the course for students of specialty ―5B050600-Economic‖ and ―5B050900-Finance‖. It contains the following chapters: Probability concepts, Common probability distributions, Sampling and estimation, Hypothesis testing, Correlation and regression.

Topics covered include the theory of the consumer (utility maximization and demand), the theory of the firm (cost minimization/profit maximization and supply), market structure (competition, monopoly, oligopoly), and game theory (strategic interaction between economics agents) and market failures (asymmetric information, externalities and public goods). This course is intended to improve the essential economic thinking skills of the students, enabling them to discern, comprehend and confront the major microeconomic issues.

MNG 1202 Introduction to Marketing Marketing is one of the fundamental disciplines for the professional workers of the market: executives, managers, production organizers, members of administrative staff at various levels. Marketing is a creative activity in the administration sphere, which promotes the expansion of production by identifying customer‘ sinquiries and the organization of research activities aimed at satisfaction of these needs. In modern conditions marketing turns into the tool of achieving the commercial successes of the enterprise basedon the effective use of its potential with a focus on satisfaction of customer‘s inquiries in conditions of competitive environment. Study of the ―Marketing‖ course gives to the students a meaningful help in realization of theoretical knowledge in marketing sector practically, exactly in private companies, state institutions.

MNG 1203 Business Communications Prerequisites: Introduction to Management The skills taught in this course are essential for surviving and succeeding in today‘s corporate world. You will learn to analyze, understand and write clear and concise business communiqués, develop skills for high level interpersonal communication and strengthen your oral presentation competence. The course introduces a range of business communication methods and examines the technologies available for convey business messages. Other key components of the course include a review of important communication theories and strategies we can adopt to plan different types of communications. The course also introduces the topic of corporate communications which is about how organizations (rather than employees) communicate. Ethics is a very important part of business communications. We will spend two lectures on this topic and this will be complemented with a home task on communicating ethically in business messages. This course is 150 learning hours long. Almost one-third of this is lectures. The other two-thirds is home study including reading the course text book and other books, doing home work, and self-guided research. I wish you well with your study of Business Communication and hope that you find the course interesting, enjoyable and practically useful.

FIN 1205 Corporate Finance 31

Prerequisites: Introduction to Finance Corporate Finance is a required course for all undergraduate finance majors and a possible elective for non- finance majors who have had some exposure to the subject of finance. We will begin with how corporations make capital investment decisions, the tools used in analysis and how risk is assessed. The course will then examine how corporations raise capital in the market using various financial instruments. We will conclude with how corporations determine the optimal capital structure. Throughout the course we will consider how corporations strive to maximize the value of their shareholders‘ wealth while consistently acting in an ethical manner with all stakeholders.

FIN 1206 Investments Prerequisites: Corporate Finance This course presents new challenges in a dynamically changing financial system and deals with the exploration of investment opportunities for the investors. We will examine the foundations of modern portfolio theory, asset pricing models, the trading of securities and a framework for investment analysis of various financial instruments. The course begins with an introduction to 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. Important issues of ethics will be explored in the context creating transparency and equity, necessary conditions in establishing critical investor confidence. Overall this course represents the minimal financial theory and necessary practical tools with which a student majoring in finance should be able to make meaningful investment decisions and be prepared for advance courses in investment management. 32

FIN 1207 Financial Accounting According to IFRS Prerequisites: Introduction to Accounting This course presents the disclosure requirements for financial reporting. It includes a study of how to prepare the income statement and statement of comprehensive income; to account for subsequent events, changes in accounting estimates and errors, and related party disclosures; to determine earnings per share; and to report for operating segments.

MNG 1205 Business Planning and Consulting Prerequisites: Entrepreneurship This course teaches students how to assess and estimate the market potential for business ideas. It provides thorough and realistic guidancetowards the process necessary to turn an entrepreneurial idea into a business plan that will attract investors, partnersand/or shareholders. In a systematic manner the course will guide students through collection and organization of the fundamental information necessary to prove the viability of a business idea and turn it into a self-sustaining enterprise. There will be heavy emphasis on knowing the customers intimately; on careful analysis of all the potential competitors; and on understanding the external environment and how it can affect businesses. All products and support services should be designed around the customers‘ needs and should use their strengths to develop a convincing competitive advantage. The resulting plan should thoroughly and explicitly reveal how all these factors have been taken into consideration in developing the suggested business strategy. It is important that all these elements of the strategy are based on market forecasting and financial projections.

Specialty Courses

FIN 1307 Taxes and Taxation Prerequisites: Introduction to Accounting The main aim of this course is to equip students with theoretical knowledge and skills to calculate taxes and other mandatory payments that exist in the tax system of the Republic of Kazakhstan. The syllabus of ―Taxes and Taxation‖ covers such key topics as the role of taxes in the economic system of the society, interrelations and interdependence of incomes and taxes, fundamentals of tax system of the Republic of Kazakhstan, direct and indirect taxes, taxation of corporate and individual types of businesses as well as taxation of citizens and non-residents. All the issues addressed at the lectures, seminars, and self-study assignments are presented in the way that relates them to other topics and economic subjects. This gives opportunity to students to gain complex body of knowledge about the importance and role of taxes in market conditions, technology of tax administration and functions of tax system in different fields.

FIN 1306 Financial Statement Analysis Prerequisites: Introduction to Accounting, Corporate Finance This course will prepare the students to analyze, interpret and use financial accounting statements from management and investor perspectives. The course will teach how to use financial statement information for firm valuation and other economic decisions. In addition to developing practical understanding needed to analyze financial reports including income statement, balance sheet, statement of cash flows and statement of changes in shareholders‘ equity, this course is intended to enhance students‘ analytical and communication skills. The course will also help students understand and analyze the issues that corporate managers face as they design and implement financial reporting strategies, improve analytical skills to assess quality of accounting information, and detect and undo earnings management. The analytical framework and practical tools of the course will help students to improve their ability to read and analyze financial statements, which should be useful whether their career interests arise in finance, marketing, strategy, consulting, accounting, operations, or entrepreneurship. Students are expected to have working knowledge of algebra, statistics, and applications skills of spreadsheet software such as Excel.

FIN1303Derivatives Prerequisites: Investments This course offers an introduction to derivative instruments, markets, pricing and uses. A derivative is an instrument whose value depends on the values of other more basic underlying assets. This course focuses on financial derivatives (i.e., stocks, bonds, currency, interest rates, etc.). Emphasis is placed on market organization and trading mechanisms of futures, forward, options and swaps contracts; pricing/valuation of these contracts; and uses of these contracts in arbitrage and speculative trading and in hedging transactions for risk management. 33

FIN 1305 Global Financial Markets and Institutions Prerequisites: Investments The course will introduce various roles of financial markets in a global economy. This course is based on a perspective of a modern international investor: you will study the wide range of financial instruments available in major asset classes. For each assets class we will study their features and valuation techniques. You‘ll explore how financial markets operate in the real world, focusing on how and where securities are traded and how various market types differ from one another in practice. This part will be studied/practiced in the Bloomberg laboratory during tutorials.

FIN 1308 Quantitative Investment Management Prerequisites: Introduction to Accounting, Investments This course provides practical guidance to build financial models, which are invaluable business tools. Whether for business proposals, opportunity evaluation, financial reports, or any other business finance application, students will learn how to design, create, and test models, then present their results effectively using Excel. Excel 2010 or 2013 is capable of supporting the most common and useful models most businesses need. The curse starts with a general guide to financial modelling, with each subsequent classes building skill upon skill until students have their own working model. Financial tools, features, and functions are covered in detail from a practical perspective, and put in context with application to real-world examples.

FIN 1304 Financial Risk Management Prerequisites: Derivatives The Financial Risk Management course introduces students to the concept of Risk, Market Risk, Credit and Portfolio Risk as well as value at risk (VaR). The course will also provide an introduction to portfolio risk management, the risk and return concept and CAPM/APT. A core skill is that you should be conversant with Bloomberg, this Bloomberg Market Concept certificate can be completed online by the midterm exam and will count 10% of your grade. If not completed by Mid-term = 0 score. Please note – you may NOT claim this qualification across multiple KBTU courses. If you have the certificate on another course, i.e your % mark will be weighted out of 90 for this course. Please supply a screenshot of the certificate – in your name with date - to me and your Tutor via email.

PART IX – BS IN ACCOUNTING AND AUDIT COURSE DESCRIPTIONS

Required Courses

Core Courses

MAT 1212 Mathematics for Economists Prerequisites: Calculus I, Business Statistics (Using Excel) The course of mathematics for economists is the course for students of specialty ―5B050600-Economic‖ and ―5B050900-Finance‖. It contains the following chapters: Probability concepts, Common probability distributions, Sampling and estimation, Hypothesis testing, Correlation and regression.

ECO 1213 Microeconomics Prerequisites: Introduction to Economics The purpose of the course is to develop basic analytical tools of microeconomics and apply these tools to study contemporary issues and policies in economics. A good grasp of microeconomics is critical in many instances of business managerial decision making, as well as in designing and understanding of public policy, and more generally in appreciating of a modern economy functions. Generally speaking, different types of analysis is offered to understand major segments of the economy—specifically, consumers and producers—as they interact in output markets and resource markets, and to understand the government‘s impact on these specific economic units. Topics covered include the theory of the consumer (utility maximization and demand), the theory of the firm (cost minimization/profit maximization and supply), market structure (competition, monopoly, oligopoly), and game theory (strategic interaction between economics agents) and market failures (asymmetric information, externalities and public goods). This course is intended to improve the essential economic thinking skills of the students, enabling them to discern, comprehend and confront the major microeconomic issues.

MNG 1202 Introduction to Marketing Marketing is one of the fundamental disciplines for the professional workers of the market: executives, managers, production organizers, members of administrative staff at various levels. Marketing is a creative activity in the administration sphere, which promotes the expansion of production by identifying customer‘ sinquiries and the organization of research activities aimed at satisfaction of these needs. In modern conditions marketing turns into the tool of achieving the commercial successes of the enterprise basedon the effective use of its potential with a focus on satisfaction of customer‘s inquiries in conditions of competitive environment. Study of the ―Marketing‖ course gives to the students a meaningful help in realization of theoretical knowledge in marketing sector practically, exactly in private companies, state institutions.

This course is 150 learning hours long. Almost one-third of this is lectures. The other two-thirds is home study including reading the course text book and other books, doing home work, and self-guided research. I wish you well with your study of Business Communication and hope that you find the course interesting, enjoyable and practically useful.

MNG 1206 Entrepreneurship Prerequisites: Introduction to Management 36

This course is designed to show the vital and overwhelming role of the entrepreneurship, entrepreneurial way of thinking and high technologies on modern world. Globalisation and technology disruption will dramatically change the economic and business profile in every country on the globe. The course is designed to give students a flavour of being entrepreneur, solving real live business challenges, and achieving goals with very limited resources and very tight time period. The course split onto several major parts: 1) Introduction into innovations and high technologies. We will dive into the ancient history and find major drivers that push innovation and technology progress. Then, one by one, we will review some segments of high technology sector - artificial intelligence, robotics, internet of things, energy, transport, medicine and others. We will review major trends, case studies, companies and startups involved, as well as social and ethical challenges that this particular vertical brings or will bring to the humanity. 2) Global business. We will review globalisation from the history prospective and will understand what drives countries and businesses become closer to each other. Small companies also become global - there will be discussions of various cases and examples of global small businesses. This part will also give very high level on geopolitics and economic geography, as well as how globalisation, technology and politics affect on all businesses, irrespectively of wether they are global or local. 3) Running startup. Hands on methodology and approach to run own startup - from finding idea, through building team, developing technology, financing, marketing and sales. This will be brief journey to what it takes to be an entrepreneur. Across entire course students will be asked to for small groups (4 - 5 members) and launch their own micro- business. The ultimate objective will be getting first clients or users and (ideally) making first sales. This project is the major tool to understand all nuances and challenges that entrepreneur faces in his / her business and learn everything by doing.

37 services should be designed around the customers‘ needs and should use their strengths to develop a convincing competitive advantage. The resulting plan should thoroughly and explicitly reveal how all these factors have been taken into consideration in developing the suggested business strategy. It is important that all these elements of the strategy are based on market forecasting and financial projections.

Specialty Courses

FIN 1320 IFRS Accounting Prerequisites: Introduction to Accounting This course provides knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities, including groups and how to analyse and interpret those financial statements.

FIN1318 Intermediate Accounting I Prerequisites: Introduction to Accounting This course provides knowledge and understanding of the underlying principles and concepts relating to financial accounting and technical proficiency in the use of double-entry accounting techniques including the preparation of basic financial statements.

FIN 1319 Intermediate Accounting II Prerequisites: Intermediate Accounting I This course is a comprehensive study of business combinations, the equity and cost methods of accounting for investments in common stock, and consolidated financial statement preparation. In addition this course explores accounting theory as applied to special problems such as accounting for partnerships, segment and interim reporting, international accounting issues are introduced in this course.

FIN 1203 Auditing Prerequisites: FIN 1320 IFRS Accounting This course provides knowledge and understanding of the process of carrying out the assurance engagement and its application in the context of the professional regulatory framework.

FIN 1321 Cases in Accounting Prerequisites: FIN 1319 Intermediate Accounting II This course provides knowledge, skills and exercise professional judgement in the application and evaluation of financial reporting principles and practices in a range of business contexts and situations.

PART X– ACADEMIC POLICIES AND PROCEDURES ADMISSION PROCESS

GENERAL PROVISION

KBTU Business School is committed to a policy of equal opportunity for admission to all qualified individuals. It does not discriminate any individual or group on the basis of race, ethnicity, nationality, religion, gender, social or sexual orientation, creed, marital status, physical disabilities, remote area location, age or any other subjective criteria. 38

KBTU Business School seeks to enroll outstanding students who have demonstrated the potential to succeed through the leadership and talent as well as have shown evidence of their capability to contribute to the community.

The university has created clear and transparent procedures for applying and accepting individuals with diverse academic history and academic needs: Kazakhstani and international applicants, non-degree students for short and long-term study terms (exchange students visiting, continuous non-degree students, etc.).

APPLICATION PROCESS

To be considered for admission to KBTU Business School programs, all individuals must file with the Admission Office the application form and required supplements according deadlines set by university. Submission of the incomplete package of documents results in delay or reject in consideration and, therefore, in rejection to participate in KBTU Business School entrance examinations, as well as in rejection for admission to the program.

Any cases of fake or knowingly false documents will be transmitted to the law enforcement bodies in accordance with the legislation of the Republic of Kazakhstan.

There are four steps prior to admission stage. Applicants have extensive support through the Admission Offices and KBTU Business School Administration.

1. Unified National Testing or Integrated Testing

Subject Minimal Score

Section 1

History of Kazakhstan 5

Quantitative literacy 5

Reading accuracy (language of instruction) 5

Section 2

Major №1 (depends on the chosen specialty) 15

Major №2 (depends on the chosen specialty) 15

Total score for the Unified National Testing:

 For the Business School, the Faculty of Information Technology, and the Research and education Center of Mathematics and Cybernetics the total score should be no less than 50 points;  For the International school of Economics and Kazakhstan Maritime Academy the total score should be no less than 50 points.

Note:

Unified National Testing is organized for the graduates of educational institutions who have completed the general education programs of general secondary education in the current year, and also for the graduates of general education schools with no-Russian or Kazakh language of instruction; the graduates of republican music boarding schools who are willing to enter the University in this year.

Integrated testing is organized for graduates of educational institutions who have completed the general education programs of general secondary education in the previous years;graduates of institutions of technical 39 and professional (primary and secondary professional) education; graduates of comprehensive schools who have studied abroad through a student international exchange program and also for individuals who graduated an educational institution abroad.

Major subjects for entering the Business School (BS) and the International School of Economics (ISE) are Mathematics and Geography;

Major subjects for entering the faculty of Information Technology (FIT), the Research and education Center of Mathematics and Cybernetics (MC REC), the Kazakhstan Maritime Academy (КМА) are Mathematics and Physics.

List of the necessary documents to take the Testing

1. Application on a pre-printed form of a standard issue; 2. Certificate or diploma of primary professional (technical and professional) or secondary educational institution (original); 3. Document evidencing the priority right to be awarded with the state educational grant; 4. 3x4 photographs (8 pieces) 5. Medical certificate form №086-У (nonresident applicants need to obtain the certificate from the city's student clinics, Bukhar Zhyrau avenue,14 (the corner of Markov St.); a certificate of vaccination form №063 6. Applicant's identity card (original and 2 copies); 7. Receipt of payment for participation in comprehensive testing .

2. In the absence of IELTS certificate it is necessary to take a complete diagnostic test in the English language

If an applicant has IELTS certificate, he/she does not need to take the test. The University accepts IELTS certificates issued by British Council and Interpress. Overall pass rate on the results of KELET (English language diagnostic test)/IELTS score, which is required to be enrolled on a paid basis and to be awarded with the state educational grant, is the following:

1. to enter Business School, the Faculty of Information Technology, and the Research and education Center of Mathematics and Cybernetics - at least IELTS band 4,5 ( KELET 3,0 points); 2. to enter Kazakhstan Maritime Academy - at least IELTS band 5,5 (with no lower than IELTS band 5.0 in each section); 3. to enter International school of Economics - at least IELTS band 5,5 (with no lower than IELTS band 5.0 in each section).

Note:

An applicant, whose English language test score is lower than the required level can take an Intensive program on the English language at KBTU and improve their level of English language skills till the end of the admission period or they may also enter KBTU and take "Foundation English" program.

3. Submission of documents for enrollment

A list of necessary documents to be submitted both by students applying for the state educational grant and those intending to self-finance their study:

1. Application according to a required form 2. Certificate of Education (original) 3. Certificate of Unified National Testing - UNT or Integrated Testing - IT (original) 4. Document confirming the priority right to receive the state educational grant (if available) 5. 3x4 photographs (8 pieces) 6. Medical certificate form №086-У (nonresident applicants need to obtain the certificate from the city's student clinics,Bukhar Zhyrau avenue,14 (the corner of Markov St.), a certificate of vaccination form №063 or a Health Passport (copy) 7. Fluorography picture with the doctor's conclusion 8. IELTS certificate (British Council or Interpress) still valid, or the results of KBTU English language entry test (KELET) 9. Identity card (original and copy) 40

10. Military Registration certificate (for young men)

4. Dates of documents' submission

• from the day of obtaining UNT/IT certificate till 18th August –documents submission forstudents intending to self-finance their study • from st June to 20th June –submission of application forms for participation in integrated testing • from 17th July to 23rd July –integrated testing • from 23rd July to 31st July– submission of documents for applying for the state educational grant • from 1st August to 8th August– submission of documents for retaking UNT/IT • from 19th August to 24th August–retaking UNT/IT • from 10th August to 28th August - enrolling applicants

KBTU Admission Board

Almaty city, Tole bi street, 59 (corner of Abylai Khan street). The building is located on the square of Astana. The main entrance is on the Tole bi street, 1st floor, office №153

Open hours: Mon-Fri from 9:00 to 18:00, 13:00 - 14:00 lunch time

TUITION FEES

The cost of educational services of JSC "KBTU" for undergraduate students of specialties "Finance", "Management", "Accounting and Audit"

Cost per credit № Category of learners basis in tenge

Tuition fees for applicants/ students during training at the expense of individuals:

1. The base cost of education 50000 2. Reduced tuition fees for certain categories of students Applicants - winners of international Olympiads and scientific competitions in 40000 2.1. economics, physics, mathematics, geography, English, scored 80 points or

more on the results of UNT (CT) Applicants, holders of "Altyn Belgi" sign, as well as applicants - graduates of 40000 2.2. this year, with a certificate with honors and qualify for the "Altyn Belgi" sign, but

not confirmed by the results of his passing UNT Applicants - winners of republican, regional, city (Almaty, Astana) Olympiads 45000 2.3. and scientific competitions in economics, physics, mathematics, geography,

English, scored 80 points or more on the results of UNT (CT) Applicants - Graduates Republican Physics and Mathematics specialized boarding school them. O. Zhautykov (RFMSSHI) schools Education Fund of Nursultan Nazarbayev, Nazarbayev intellectual schools N., Kazakh-Turkish 45000 2.4. high schools, schools number 126, 134, 165, 178, BEST, «TamosEducation», physico-mathematical gymnasium №173 for gifted children (Almaty) scored 80 or more points in the UNT (CT)

2.5. Students who transferred from Nazarbayev University and KIMEP 45000

Excellent students with the results of examinations of the academic year 40000 2.6. evaluation only "A", "A" (for the next school year) Applicants who scored 80 or more points in the UNT and complex testing (CT), 45000 2.7. whose brother and / or sister is already enrolled in KBTU on a fee basis

Tuition fees for applicants/ students during training at the expense of legal entities:

3. The cost of one year of study 1900000 (For 1 year of study) 4. The cost of 1 credit 50000

Note: The student loses the right to education at a reduced cost in the following cases: 1. At a reduced price 40 000 tenge: - with GPA lower than 2.8 points - for the first year of study; - with GPA lower than 3.2 points - of the results of the subsequent years of study; 2. When a reduced cost 45 000 tenge: - with GPA lower than 2.5 points - for the first year of study; - with GPA lower than 3.0 points - of the results of the subsequent years of study.

If the student's GPA at the end of the school year below the GPA, specified in paragraph 1, but greater than or equal to the GPA, provided for by paragraph 2, the student goes to study at a reduced price specified in paragraph 2.

If the student's GPA at the end of the academic year GPA below the level specified in paragraph 2, the student loses the right to education at a reduced cost, and goes to training on the basic value set in this Annex.

When the transfer of students from ISE and / or from other faculties for training in the field of KBTU Business School learning value is determined under this Annex and in accordance with the requirements of KBTU Business School based on GPA.

When paying at a reduced price (1 credit training) Year of study 1 2-4 GPA requirements GPA ≥ 2.8 GPA <2.8 GPA ≥ 3.2 GPA <3.2 Cost for 1 credit, tenge 40000 45000 40000 45000

The student goes to study at a base value established in KBTU Business School (50 000 n. / Credit) in the following cases: - with GPA below 2.0 points; - when training on basic cost; - a transfer from another university (except cl.2.5).

ACADEMIC POLICIES

From time to time KBTU Business School may change or add new academic policies. New and/or revised policies apply to all students regardless of the year of entry into KBTU unless specific exemptions are stated in the policy. Policies stated in this catalog replace policy statements from previous catalogs. The KBTU Academic Council may, during the course of the year, revise and alter current academic policy.

1. Evaluation of students knowledge. GPA calculation methodology. 1.1 Assessment of students' knowledge is carried out with the score-rating letter system with an appropriate transfer to the traditional assessment system in accordance with the scale of the student knowledge assessment below, adopted in KBTU. Grades obtained by students as exam results, are put by teachers on examination statement and entered into the database "Office of the Registrar". Signed by teacher examination papers are given to Office of the Registrar and the evaluation sheet cannot be changed further. Assessment of academic performance of students shall be based on the examination papers. It is strictly prohibited for students to have an unauthorized access to the electronic database of the University and other documents (journals, statements, etc.) with the goals of increasing grades, getting the correct answers to tests, and other unseemly and/or contrary goals to the established order. In the case of such a disciplinary misconduct a student/cadet is expelled from the University. 1.2 The final grade of discipline includes the assessment of current and final control. Assessment of current performance (admission ranking) is 60% of the final assessment of knowledge on the subject, and the exam is 40% of the final assessment of knowledge on the subject. Thus, the final grade for each discipline is defined as the sum of points scored by the student on the results of current and intermediate control (admission rating maximum - 60 points) and exam (final control maximum - 40 points), and a total of maximum 100 points. These points are distributed by the teacher according to different tasks. Each task should be assessed according to assessment criteria clearly elaborated and presented in the syllabus. 1.3 The positive final grade is the basis for supplementing disbursed credits with number of credits for the respective discipline and is recorded in a transcript of the student. Upon receiving the "unsatisfactory" grade in the final control (exam) assessment, the final mark for the discipline is not calculated. 1.4 The assessment scale of student knowledge adopted in KBTU:

Letter system Digital Points Traditional assessment system equivalent equivalent

А 4 95-100 ― Excellent‖

А- 3.67 90-94

В+ 3.33 85-89 ― Good ―

В 3.0 80-84

В- 2.67 75-79

С+ 2.33 70-74 ― Satisfactory‖

С 2.0 65-69

С- 1.67 60-64

D+ 1.33 55-59

D 1.0 50-54

F 0 0-49 ― ―

P (Pass ) - 65-100 ―Credited‖ (does not count in GPA calculation)

NP (No Рass) - 0-64 ―Not credited‖ 44

(does not count in GPA calculation)

W - - ―Refusal to discipline‖ (Withdrawal) (does not count in GPA calculation)

AW 0 0 ―Administrative removal from the discipline (Academic on economic indicators‖ Withdrawal) (counts in GPA calculation)

AU - - ―Discipline listened‖ (Audit) (does not count in GPA calculation)

1.5 The attendance of exam by the students is strictly required. If a student who has completed the discipline program, was late or did not show up at the exam, gets a mark "absent" opposite to his/her last name. 1.6 A student who disagrees with the result of the final exam, appeals within 24 hours from appearance of the exam results on the Intranet. 1.7 For the examination period (intermediate attestation) the appeal commission is created with order of the Rector from teachers whose qualification corresponds to a appealed disciplines profile. 1.8 An appeal results are documented as a protocol and based on the decision of the appeal commission the individual examination sheet on student/cadet is compiled, which is attached to the main examination statement. 1.9 The teacher enters the exam results on the Intranet (in the program "Office of the Registrar") and submits the examination paper to the Office of the Registrar within 7 calendar days after the exam. 1.10 Retaking the exam without retaking the discipline is not allowed. Students, who received the grade ―F‖ (unsatisfactory) for whatever discipline, are required to register and retake the discipline on a fee basis in the next academic terms. In the same way the student can retake the separate disciplines in order to improve the received positive grades and overall GPA. The initial obtained grades are recorded in the transcript along with a modified grade; GPA is calculated on the latest grade.

1.11 Grade «F» (Fail) - Unsatisfactory 1.11.1 Grade «F» is affixed to the student: 1) In case of missing more than 20% of the total number of classroom, except in the cases provided for in paragraph 7.11.1; 2) If the student scored less than 50% of the total number of points required in a semester (less than 30 points); 3) Using cheat sheets on a midterm / end of term and / or on a final exam by students and other violations of the Guidelines on the exam; 4) If student's assignments are plagiarized during the course, on a midterm / end of term and / or on a final exam; 5) If the final evaluation of the subject is less than 50% of the maximum possible mark (less than 20 points); 6) In a case of absence / being late for an exam without a valid reason. 1.11.2 In a case of missing more than 20% of classes by student, by order of the Dean, the student is not allowed for the exam and gets grade «F» for discipline. 1.11.3 This provision (for grade «F» affix while skipping more than 20% of the course) does not apply to 4th year (years) students with a GPA of at least 3.0, with employment contracts with companies / organizations and working in the specialty training. Students, who meet the requirements above, should submit an application to the name of faculty dean along with a copy of the employment contract, a copy of the transcript and the conclusion of the University service dealing with the employment of graduates of KBTU. The conclusion has to be done on the basis of inspection of the student‘s working place and job responsibilities for compliance with their specialty training, training opportunities and professional growth of the student. Dean permission is valid only for the current semester. In case of decrease of student's academic achievement at the results of the semester following the established criteria, permission of dean has to be cancelled. 1.11.4 In the presence of student cribs, as well as other cases of violation of Guidelines on the exam (cheating, using electronic means of communication, etc.) by student, students are removed from the exam. At the same time to the student affixed final assessment «F», regardless of the number of points scored by them during the semester. 45

In a case of repeated use of cribs in the exam, disciplinary action up to expulsion from the University should be applied to the students. 1.11.5 In the case of evaluation «F» for mandatory discipline, the student must retake the discipline for a fee. The student, who received a failing grade for elective discipline, has the right to repeat it or replace it with other elective courses. Replacement of discipline should be coordinated with adviser. 1.11.6 Register for retake of discipline is conducted in a general way by the Office Registrar.

1.12 Grade «I» (Incomplete) - discipline is not completed 1.12.1 The teacher can put grade «I» to the students, who miss or to be late for an exam for the following reasons: - Due to the serious illness (requiring hospital treatment lasting more than 5 days); - In connection with the birth of a child; - In connection with the death of close relatives (close relatives include parents, children, adoptive parents, siblings, grandparents); - By the reason of business or educational trips. All of these reasons must be backed up by supporting documents. Medical certificates must be submitted within 3 working days from the date of issue and should be certified by chief doctor of medical services control and prevention of KBTU. Application is reviewed and approved by the teacher of discipline and dean of the faculty. If the cause of missing class / exam will be recognized as valid, the student is affixed grade «I» in compliance with the above conditions. Otherwise, the student is affixed grade «F». 1.12.2 Retake of grade «I» and amendments to the teacher‘s standard evaluation ( «A», «B», «C», «D», «F») on discipline is carried out within 30 days from the beginning of the "next" semester (fall or spring) according to the established schedule KBTU, subject to students of all syllabus requirements. 1.12.3 To correct grade «I» to the standard assessment, the student is required to meet with the teacher and determine the amount and type of work required to perform. According to the schedule presented by the teacher exams (and other works), Office Registrar should issue examination paper on the exam. The examination must be signed by the faculty dean. The examination is carried out by the Commission which is set up by faculty. The examination is conducted for a fee, the amount of payment established by the internal documents of the University. 1.12.4 If the student is not complied all the requirements for a set period of time, the Office Registrar on the basis of the examination sheet, signed by the teacher, translates grade «I» in grade «F», which means "Unsatisfactory". 1.12.5 In the absence of teacher at the university who put a grade «I», head of the department recommends another teacher who is in the commission. 1.12.6 If a student will be expelled from the University to the expiry of the assessment period for correction grade «I», then this grade remains in the transcript unchanged. 1.12.7 Grade «I» is not credited and is not included in the calculation of GPA.

1.13 Grade "AU" (Audit) - discipline listened 1.13.1 Grade «AU» is putted to the students who are listen discipline without going through established forms of knowledge control (current, mid-term, final exam) and to obtain the final grade. Passage of such courses is paid at a set value in KBTU. 1.13.2 The student signs up to the discipline as a listener must report about it to the Office Registrar. For such student the examination sheet will automatically be marked with «AU». 1.13.3 Grade «AU» is not credited and is not included in the calculation of GPA. 1.13.4 Course listeners may be as KBTU students and those who are not enrolled in the number of KBTU students. 1.13.5 Students from the other universities also can take some discipline at KBTU with a final assessment on a chosen course in the presence of the signed contract between KBTU and appropriate education organization.

1.14 Grade «W» (Withdrawal) - refusal to discipline 1.14.1 The student during the first four (4) weeks from the start of the course (in the Summer School - for the first 4 days from the start of the course) can apply a statement with reasons for its decision to abandon the discipline to a Dean's name. The statement should be endorsed by student adviser and signed by the faculty dean. Statement with a positive decision is passed to the Office Registrar and then - in the Department of Accounting and Reporting of KBTU. In the case of a positive decision, the money paid for the discipline, less the cost of services for the period from the beginning of the semester prior to the date of the application for refusal of discipline, credited in the account of deferred student learning (including summer school). 46

In student‘s examination sheet affixed grade "W". This assessment can be changed only by teacher in a case of re-registration and passing discipline by student. 1.14.2 At the end of the period above the student has the right to refuse to discipline; otherwise student affixed grade «F» for discipline and money for the discipline will not be returned. 1.14.3 Grade «W» is not included in the calculation of GPA. 1.14.4 Refusal to discipline is not recommended to the student who has the state educational grant; in case of refusal to undergo the discipline with putting grade «W», such students must re-register for the discipline and pass it on a paid basis.

1.15 Grade «AW» (Academic Withdrawal) - Administrative withdrawal from courses (withdrawal from discipline for academic reasons) 1.15.1 «AW» - grade, which is affixed to the student / cadet who is removed from the discipline by teacher or administration. «AW» is the digital equivalent of 0 point and it is taken into account in calculation of GPA. The following reasons may be for removal from the administrative discipline: - Systematic violation of the rules in the classroom; - Failure to comply individual tasks, SIS, the regular delay in delivery schedule, any other violation of the training rules in KBTU. 1.15.2 Administrative removal from discipline is issued by dean‘s disposal on the base of proposal from teacher of corresponding discipline. 1.15.3 A student who got a grade «AW», according to the teacher‘s decision is not allowed to further passage and examination of the relevant discipline. Revenue generated for the discipline will not be refunded to the student. 1.15.4 In a case of affixing grade «AW» for the discipline that is included in the list of compulsory courses, the student must re-register for the discipline and repass it on a paid basis. If the grade «AW» affixed to the students in several disciplines, the disciplinary action should be applied for such students. 1.15.5 Teachers can specify additional conditions for grade «AW» in a syllabus.

1.16 The methodology for calculating the average score (GPA) Average grade (GPA - Grade Point Average) - The level of average assessment of academic achievements of the student. Average grade (GPA) is calculated on the basis of the credit system - hours: The final value is the quotient of the sum of the composition of digital assessment equivalent to the number of credits assigned to the discipline, divided by the total number of credits for which the student registered.

Example of GPA calculation:

Discipline Amount of credits Grade on letter system Digital equivalent

Mathematics 3 А 4.00 Informatics 2 В 3.00 Physics 3 F 0

Mathematics 4.00 x 3 = 12.00 Informatics 3.00 x 2 = 6.00 Physics 0 x 3 = 0 Total value = 12 + 6 + 0 = 18.00 Total credits = 3 + 2 + 3 = 8

GPA = Total value / Total credits = 18.00 / 8 = 2.25

1.17 The minimum average grade (GPA) by the end of the study year, required for the transfer to the next year of study in KBTU is 2.0 points.

2. Conditional academic status of the student 2.1 Conditional status – is a status in which student transferred when he has a low level of progress and the student‘s GPA at the end of the study year (including summer school) below the transfer points 2.0 fixer at KBTU. Translation of student on conditional status is carried out on his GPA per academic year. Student with conditional status can not pass more than 4 courses per semester (including retakes). 47

The payment will be charged for each credit, based on the installed cost of one credit. Registration on disciplines is carried out in the usual way. 2.2 If at the end of the semester student learning with conditional status will have GPA 2.0 and above, he is transferred to a regular academic status, in which the number of registered credits established in working curriculum of speciality. If the student's GPA at the end of the semester below 2.0, he continues to have a conditional academic status during the next semester.

3. The transfer, restoration, deduction from KBTU. Withdrawal of the state educational grants 3.1 The rules and procedures of transfer and reconstitution in KBTU 3.1.1 The student has the right to transfer from KBTU to another university, from another university to KBTU, from one specialty to another within KBTU. Students may be transferred or restored after expulsion, if they had fully completed the first academic period of mastered program according to the individual curriculum. In this case, the student can transfer or recover to any specialty regardless of the timing of expulsion for recovery. 3.1.2 Student transfer and recovery application is examined during the summer and winter holidays in five working days prior to the start of the next academic period. 3.1.3 Transfer and restoration of students is determined by the academic difference in disciplines of working curriculum studied during the previous academic periods. Academic difference in disciplines of working curriculum is determined on the base of a list of subjects studied, their programs and the volume of academic hours or credits recorded in the transcript, or certificate issued by the people who have not completed their education. Education year (course) is determined by taking into account the training prerequisites. Re-credit of the mastered programs is made according to educational trajectory necessary for the development of appropriate educational programs. Translation and restoration carried out on the same course (year of study), if the difference in the curriculum is no more than five disciplines of compulsory modules. 3.1.4 In determining the difference in the disciplines, the difference in the forms of final control is not taken into account. Passed rate equals to the letter system of academic achievements of the student assessment in the range from the minimum D (1,0; 50-54%) to a maximum of A (4.0, 95-100%). 3.1.5 If the student is transferred / restored in KBTU from another university, the number of credits that will be then taken during studying in KBTU to get certification of KBTU must be at least 60% of the total number of credits that the student must study to obtain the appropriate level of education. 3.1.6 If a student who transferred / restored in KBTU, a minimum GPA (GPA stands) is less than specified in KBTU, the student transferred / restored on conditional academic status (section 2 of the Catalogue). 3.1.7 The student at the expense of the legal entity (Customer training) is required in advance, prior to filing a corresponding application to the University, to notify the Customer of its intention to transfer to another university / to another specialty / training by the state educational grant / KBTU grant and obtain a written Customer agreement on such transfer. The student takes responsibility for the timely notification to the Customer of the transfer / dismissal. 3.1.8 When you restore and transfer student from a foreign educational organizations there is a document about the development of training programs (academic certificate, transcript), as well as a document on the completion of the previous level of education, which should take place in accordance with established procedure of nostrification in the Republic of Kazakhstan. 3.1.9. Persons who have received a general secondary (secondary general) or technical and vocational education in the Republic of Kazakhstan, during the transfer or restoring from a foreign university provide a document on the developed training programs (academic certificate, transcript), a certificate of common national testing or complex testing with a score of no less than the threshold score. In the absence of a certificate of common national testing or complex testing, the student prior to the issuance of the transfer delivers comprehensive testing order. 3.1.10. To eliminate the difference in academic disciplines of working curriculum the student enrolls on these disciplines, visits all kinds of modules during the academic period, passes all kinds of monitoring, gets access to the final control. In order to eliminate differences in the disciplines in each semester it is allowed to register for additional educational disciplines. If the academic discipline differences are not included in the schedule of training sessions this academic period, the student enrolls on them in the summer semester.

3.2 The transfer procedure of the student to KBTU from another high educational institution. 3.2.1. The transfer procedure: 1) The student submits an application for transfer to the rector of the university, where he is studying, and receiving a written consent to the transfer, with the bonded seal, and submits an application to the Rector of KBTU. 48

2)There are attached copies of the request for a transfer addressed to the Rector of KBTU: - Transcript, signed by the head of the Office of the Registrar and a member of the Rector who are responsible for the educational process in the relevant academic division, fastened with a seal; - UNT certificate or complex testing; - Certificate holder of the educational grant (if you are); - Statements of the transfer addresses to the head of the university, where he studied (with the signature and seal). 3) Dean of the Faculty (in conjunction with the head of the graduating department according to the documents submitted) by drawing up a collation statements: - Defines the difference of the disciplines in the curriculum; - In accordance with the development of prerequisites set the year (course) studying; - Conducts re-credits of the mastered programs in accordance with the educational program; - Approves the individual curriculum of the student in consultation with the Office of Registrar; - Determines the student's GPA; - Makes an appropriate note if the student is credited to a conditional academic status. 4) According to the visa of the Dean of the Faculty, the head of the Office of the Registrar the student transfer from another university to KBTU is published by order of the Rector. 3.2.2. After the order of the Rector, Office of the Registrar sends a request within three days to a higher educational institution in which the student studied before, the personal information of the student. The copy of the order on student transfer is accompanied with this request. The head of the university issues an order of dismissal after receiving such a request and within three working days from the date of publication of the order of dismissal sends a private matter of the student addressed to KBTU. At the same time at university, where student trained there remains a copy of the transcript, gradebook, student card and an inventory of the documents sent. 3.2.3. The procedure and terms of liquidation of academic differences in the disciplines of curriculum are issued by the order of dean (institute director) for the current year and are included in the student's individual curriculum. 3.2.4 Student transfers from other universities to KBTU carried out only on paid trainings (except the award of a student of another university on the state educational grant of MES decision). 3.2.5 Transfers of KBTU students studying on the state educational grant to another university with educational grant is not allowed.

3.3 Student transfer from one specialty to another within KBTU 3.3.1. Student transfer from one specialty to another is carried out only on the paid training in accordance with the following procedure: 1) The student submits an application for a transfer from one specialty to another addressed to the Rector of KBTU, signed by the dean of the faculty, where the student studies. The application includes an unofficial academic transcript, certified by the head of the Office of the Registrar; 2) The Dean of the host faculty, together with the head of the department produces according the documents submitted by drawing sheet collation determines the difference disciplines in the curriculum and in accordance with the development of disciplines sets a year of study, and approve individual curriculum of the student in consultation with the Office of the Registrar 3) If the student when transferring from one specialty to another has «F» assessment on disciplines that are not included in the curriculum of the specialty for which he transferred, no need to student to re-pass these disciplines. 4) In accordance with the visas of Dean, Head of the Registrar's Office, the Rector‘s order is published to transfer student from one specialty to another within KBTU. 3.3.2 When transferring KBTU student from one specialty to another difference in the curriculum of the student is liquidated on a fee basis. 3.3.3 The student on an educational grant, which has concluded the medical advisory committee on the prohibition of instruction in this specialty because of disease acquired in the training period, transfers from one specialty to another existing vacant seat on the educational grant.

3.4 Transfer for studying on the state educational grant. 3.4.1 The student on a fee basis has the right to transfer to the vacant seat of the educational grant in the respective specialty on a competitive basis in accordance with legislation. On the vacant seat of the state educational grant, the following categories of students can apply for:  Students with assessment only "A", "A-" ( "excellent") for the entire period of study;  Students with ratings from "A", "A" to "B +", "B" and "B" ( "good") for the entire period of study;  People who are studying on the internal grant KBTU (with GPA 3.0 and above);  People who are studying on a fee basis (with GPA 3.0 and above);  ACM ICPC programming World Cup finalists (only KBTU students with GPA 2.0 and above); 49

 ACM ICPC programming World Cup semi-finalists (KBTU students with GPA 2.5 and above, and other university students having a GPA 3.0 and above);  Students of other universities with GPA 3.5 and above (KazNTU of K.I. Satpayev, Suleyman Demirel University, International University of Information Technologies, Almaty University of Power Engineering and Telecommunications, Kazakh National University of Al-Farabi, Nazarbayev University, KIMEP. In this regard, the fact that the maximum rate at KIMEP GPA is 4.33, this requirement for students - GPA 3.80 and above); List of higher educational institutions may be supplemented, if necessary, on the proposal of the deans of respective faculties with the statement on educational and methodical council of KBTU. In case of identical indicators GPA during the competition for the vacant educational grants preferential right to have students with assessment only "A", "A-" ( "excellent"), then the evaluation of the "A", "A" to " B + "," B "and" B "(" good ") for the entire period of study. 3.4.2 The competition is held by the MES Commission on the results of the examination session, with the issuance of certificates of educational grants. 3.4.3 The award of vacant educational grants released in the process of higher education, carried out during the summer and winter vacations, on the available vacancies on a competitive basis, in the following order: 1) the student with tuition fee provides to the Office of Registrar the following documents: - A statement addressed to the Rector of the studying transfer by the state educational grant; - Official transcript for the entire period of study. 2) KBTU, having considered the statement on a competitive basis, with the decision of the Academic Council on time sends it until 5 August and 15 January this year to the MES for decision. The application of the student with the decision of the Academic Council are attached with student transcript, a copy of a document proving his identity, and the testimony of the owner of the educational grant (original), expelled from KBTU; 3) MES considers submitted documents in the context of specialties, forms and periods of study, taking into account, revenues and positive decision publishes an order on awarding educational grants; 4) based on MES orders issued certificate on awarding educational grants; 5) based on the issued certificate of educational grants a KBTU order to further training on educational grant is issued

3.5. The rules on reconstitution training in KBTU 3.5.1 The student has the right to recovery, regardless of the statute of limitations deductions, under the conditions p.3.1.1. The amount of credits of mastered programs by students before the deduction is counted in full by University. 3.5.2 The student can restore to any specialty, taking into account the difference of curriculum subjects. Recovery is carried out only in the paid department 3.5.3. The restoration procedure is carried out in the following order: 1) The student submits an application for restoration to the rector. The application for restoration is applied with academic certificate of the established sample. 2) The Dean of the Faculty according to submitted certificates, makes the difference in terms of discipline and training in accordance with the development of prerequisites sets course, holds re-credits of mastered program in accordance with the educational program and approves the individual curriculum of the student in consultation with the Office of the Registrar; 3) In accordance with the visas of the dean and head of Office Registrar there issued a Rector‘s order for the restoration of the student. 3.5.4. The head of the university, where the student previously studied on the basis of a written KBTU request sends a private matter of the student, keep the reference copy of the certificate, training card, gradebook, student card and an inventory of the documents sent. 3.5.5. Questions of restored students expelled from KBTU for a disciplinary offense can be considered at a meeting of the Disciplinary Committee.

3.6 Student transfer from one year (course) of study to another 3.6.1 Transfer of the students to the next training year (course) is carried out according to the results of the school year (including summer school) and executed by order of the Rector of KBTU. 3.6.2 In order to be transferred the next year (course) of study, a student at the end of the school year must obtain a transfer set points of GPA, which is 2.0 points. Students on a fee basis and holders of state educational grants, who got a transfer point and transferred to the next year (course) training, in the presence of academic debts must re-examine the relevant discipline on a paid condition and pass the exam for them. 3.6.3 The student who does not collected transfer points 2.0 at the end of the school year taking into account the results of the Summer School, has to be transferred into a conditional academic status in accordance with Section 2. 50

3.7 Student deprivation of state educational grant 3.7.1 A student loses the state educational grant: - If student has not received a transfer set points GPA 2.0 and allowed to re-training. In this case, the student can continue their education on a fee basis by the previously adopted or newly formed individual curriculum; - In the case of the student award of the international scholarship of the President of Kazakhstan "Bolashak" (the student must immediately notify the Dean of the Faculty, and write the corresponding application); - In other cases established by normative legal acts of the Republic of Kazakhstan and the decisions of the competent authorities. Student deprived of state educational grant, is given the right to study on a paid basis.

3.8 Deduction from KBTU 3.8.1 The student can be expelled from KBTU 1) voluntarily (including the transfer to another university, for medical reasons, for family reasons, etc.).; 2) for academic failure in the following cases:  missing the registration on a semester disciplines;  missing attestation and total control during the semester;  unsatisfactory ratings in all disciplines of the semester plan;  four times studying the same discipline (including 3 times - «Retake») with getting unsatisfactory ratings;  Studying on the conditional status of 2 semesters in a row with a GPA below 2.0 at the end of the second semester (based on learning outcomes in the Summer School). 3) for the systematic and gross violation of discipline, including failure to attend training sessions without a valid reason for a month or more; violation of the Charter, these Regulations, Internal Regulations, the Code of Ethics of students or other normative documents of the University; violation of the norms of the Republic of Kazakhstan legislation, concluded a contract with the University of conditions for training; 4) for the financial arrears of tuition; 5) If the student's training period has exceeded the maximum period established by the Republic of Kazakhstan (7 years by law); 6) on other conditions provided by other internal documents of the University and / or the legislation of the Republic of Kazakhstan. 3.8.2 The student who wants to expel from KBTU, should write an application addressed to the Rector of KBTU with the request for dismissal, and submit it to the Dean of the Faculty. Application fee is applied by students immediately after its decision on expulsion of KBTU. In case of late submission of applications for allocation by their own, when student stops visiting training sessions in KBTU, the student may be expelled on the basis of examinations (academic year) for academic failure and / or a breach of discipline. In this case, the money paid for tuition, non-refundable. Students at the expense of the legal entity (Customer) must be notified in advance of its intention to Customer expelled from university. 3.8.3 In case of missing registration and / or visiting by student the training sessions and failure to provide any documents confirming the good reason of his absence, the dean's office of the Faculty must take the necessary measures to clarify the reasons for not recording / non-attendance. If within 1 month from the date of absense the student, in spite of these measures does not commence their studies, does not represent any information and documents confirming the reasons for absense, Dean submits an idea for the publication of the order of dismissal of the student. 4.8.4 Students on a fee, deducted from KBTU during semester for non-payment of fees have the rights to recover during four weeks from the date of deductions in case of repayment of the payment debt. In this case, the student submits an application for restoration to the Rector of KBTU with the payment receipt attached. The number of points in disciplines received before deduction, must be counted in full after reduction. 4.8.5 Academic certificate of the required form and an academic transcript is issued to the student who deducted from the university.

4. The provision of academic vacations and breaks 4.1 Academic vacation - a period for which the students temporarily interrupt their studies for medical reasons and in other exceptional cases. 4.2 The procedure of registration and academic vacation is governed by the Rules of academic vacation provision to students at educational institutions, approved by the Decree of the Government of the Republic of Kazakhstan from December4, 2014 № 506. 51

4.3 In provision of academic vacation to student, on the basis of the state educational order, the right to further education on the basis of the state educational order is maintained after him/her, and the financing of its training is interrupted for the period of granted academic vacation (with the exception of funding for scholarship costs) and resumes after its completion. 4.4 In provision of academic vacation to student on a fee basis, tuition payment is suspended for period of academic vacation. 4.5 For academic vacation registration student submits an application addressed to the Rector of KBTU and submit documents confirming the validity of the temporary interruption of the study. The student submits an application for the issue of academic leave in advance, before the examination session starts. 4.6 Academic vacation for medical reasons are provided to student on the basis of: 1) conclusion of the medical advisory committee (MAC) at the outpatient organizations (Student clinics) - from 6 to 12 months due to illness; 2) conclusion of the Central medical advisory committee in opposition with T.B. medical organization in the case of tuberculosis disease. Academic vacation may also be granted to the student according: 1) The agenda of the call to the ranks of the Armed Forces of the Republic of Kazakhstan for the period of military service, in certain law cases; 2) birth, adoption of the child up to 3 years, in certain law cases; 3) in other cases provided by law. 4.7 For academic vacation registration student submits an application to the Rector of KBTU and provides a medical document, certified and registered at the medical center of KBTU, or the document calling for the ranks of the Armed Forces of the Republic of Kazakhstan. According to the documents submitted within three working days the Rector‘s order is published to provide the academic vacation to student indicating its start and end dates. 7.8 Office of Registrar within three working days, sends to the MES copy of the order granting academic vacation to student training on educational grants for adjustment the appropriate amount and timing of funding. 4.9 After academic vacation student submits an application to the Rector of KBTU and submits a certificate of MAC with the health status of the medical organization that observed the patient, with the conclusion about the possibility of continuing education in this specialty - when found student academic vacation due to illness. The certificate must be approved and registered in Medical Center of KBTU. 4.10 The Dean of the Faculty according to the submitted documents determines the difference in disciplines of working curriculum, year (course) of studying and approves the individual curriculum of the student in consultation with the Office of the Registrar. Year (rate) is determined by taking into account the learning disciplines mastered by the same rules as in the case of transfer students or recovery. 4.11 On the basis of the submitted documents within three business days, the order is published on the output of student academic vacation, indicating the specialty, years of studying (course) and groups. 4.12 After academic vacation the student on the state educational grant sends a copy of the order within three working days to the MES to adjust the appropriate amount and timing of funding for the program. 4.13 If the release date of the academic vacation or care in an academic vacation does not coincide with the beginning or the end of the academic period, the student on an individual schedule meets all learning activities and gaining points required for admission rating, or recorded in the summer semester in the discipline, which formed the difference. 4.14 Students returning from academic vacation, to eliminate differences in the disciplines of the curriculum are allowed to register on additional discipline on a paid basis of the curriculum (students at state educational grant and internal educational grant KBTU - free). 4.15 Academic study interruption Students studying on a paid basis, under the circumstances that impede his/her further training in KBTU (poor health, severe family or financial circumstances, etc.), the application by order of the Rector may be granted an academic break in their studies and / or the possibility of re-training. Re-training is carried out on a paid basis. The student returning after a break of the academic year, or who took second (course) training prior to the start of the next semester must apply for Rector's name. According to the statement it is issued the order of the Rector for student returned from the academic break.

5. The appointment and payment of state scholarships 5.1 The procedure for appointment and payment of state scholarships to students based on state educational grant, the size of state allowances and scholarships for that determined in accordance with the state scholarship Regulation to certain categories of students in educational institutions, approved by the Decision of the Government of the Republic of Kazakhstan from February 7, 2008 №116 (hereinafter - Terms of payment of the scholarship), and other regulatory legal acts of the Republic of Kazakhstan. 52

5.2 All students enrolled in the first year (academic year) for training in state educational grant, in the first semester are assigned to the state grant. 5.3 In the following semesters the appointment and payment of state grant is made, if at the end of the examination session (including all forms of knowledge control) the student has only "good" ( "B +", "B", "B") and "excellent" ( "A", "A"). The visually impaired and people with hearing disabilities, orphans and children left without parental care and under the tutelage (guardianship), studying on the state educational order, the state grant is paid in the absence of academic debts by results of examination session. 5.4 The scholarship is paid monthly on the first day of the month following the examination session, before the end of the month in which the semester ends. In the appointment of the state grant accounted for only estimates, not GPA student. 5.5 Students are represented on a government scholarship on the results of summer exam session, the state grant for the period of summer holidays is paid in total for the two months (July and August), as funding. During the period of professional practice, the summer holidays as well as during the work in the workplace and the posts with payment of wages scholarship is paid in the prescribed manner. 5.6 Students who have not passed the examinations and / or offset on "Physical education" discipline in time for legitimate reasons, the scholarship shall be appointed in the prescribed manner after the change assessment «I» to a standard assessment. Thus the student must write the appropriate application for the scholarship. Office of the Registrar, on the basis of the data presented by teachers on the results of the change in estimate «I» to the standard assessment, prepares a letter of appointment for the scholarship and signed order to the Department of accounting and reporting. 5.7 Students transferred from another educational institution, government scholarship is granted and paid in the prescribed manner after elimination of the difference in the curriculum. 5.8 Students who are on academic vacation on the basis of a medical report, for the period of academic leave state grant is set at fifty (50) percent (disabled -75 (seventy-five) per cent, respectively, of the size of the state grant. 5.9 Students for a period of maternity leave state grant is paid in the amounts established before leaving on vacation and maternity leave, for the duration of the current legislation of the Republic of Kazakhstan. In presenting the certificate of incapacity for work due to pregnancy and childbirth during the academic leave, an academic vacation is interrupted and maternity leave is made. In the period when the students on leave for child care until the age of three years, the state grant is not assigned. 5.10 Students, returned from academic vacation, the appointment and payment of state scholarships is carried out in the prescribed manner on the basis of the upcoming (next) exam session and in the absence of differences in the curriculum. 5.11 Students with the results of the examination session only "excellent", are eligible for increased state grant. Allowances are determined by the Rules of the scholarship payment. 5.12 Assignment of scholarships is made by the order of the Rector or the person replacing Rector on the basis of the memo (representation) of the head of the Office of the Registrar. 5.13 Scholarship payments are made by crediting the amounts of scholarships for the current account opened by a student / cadet in the bank. Scholarship payments are made through cash KBTU during the manufacture of the payment card, or open a current account in the second-tier banks. 5.14 The payment of the state grant terminates at the conclusion of training, as well as in other cases stipulated by the legislation of Kazakhstan. Termination of payment of the state grant is done by issuing an appropriate order of the Rector. 5.15 The procedure for appointment and payment of other scholarships (scholarships of the President of the Republic of Kazakhstan, the founders of scholarships, and others.) Determined in accordance with the legislation of the Republic of Kazakhstan and internal documents KBTU.

6. Graduation Requirements In order to receive a degree from KBTU, a graduate student must: 1. Fulfill all KBTU requirements. 2. Settle all financial obligations to the University. 3. Fulfill all requirements, if any, of the Business School. 4. Fulfill all requirement of the degree program.

7. Time Allowed for Graduation

Graduate students have a 7 year limit for completing graduation requirements. Any period of academic or administrative leave from KBTU is not included in these time limits.

PART XI – STUDENT FACILITIES

STUDENT CENTER The Student Center provides cultural, social, leisure and extra-curricular activities for the KBTU community and guests. It is also home to various student activities such as: campus clubs, disco nights, job and student organizational fairs, art exhibitions and a host of other events. The ―Buffet‖ and ―StoLOVEka‖ coffee shops, which is located in basement, serves as a student lounge offering soft drinks, various types of coffee and light snacks.

STUDENT DINING Currently, students have multiple full-time locations where they can choose to eat, ranging from cafeteria-style breakfasts and lunches at ―StoLOVEka. All locations offer friendly service and delicious and affordable meals. These locations are popular among students who want to eat, drink, or just simply socialize between classes.

MEDICAL SERVICES The mission of the KBTU Medical Center includes the provision of medical care and emergency services to KBTU students, faculty and staff. The Medical Center is staffed by board certified physicians, psychologists and nurses who provide primary care services including physical exams, preventive care, emergency medical care, and psychology consultations. The Medical Center office is located inside the KBTU building on the 3 floor (Tole bi side); it has four rooms, which serve as a waiting room, examination room, a room for injections, and physiotherapy. The Medical Center also offers therapy services to the KBTU community.

The KBTU Medical Center works in partnership with students, faculty and staff to provide medical information and to promote healthy lifestyles.

DORMITORY Student housing is conveniently located on 70, Turgut Ozal Street. There are four Dormitory campuses. The capacity of the dormitory is 1300 students. There are comfortable and clean rooms served by a polite and friendly staff. The dormitory also has: ironing room, DVD & television rooms, a hairdresser and kitchens, most of which are available for student use 24 hours a day. Two dining services provide fresh homemade dishes for breakfast, lunch and dinner. There are computer laboratories located on the first floor in each campus. Utilities such as cable television, telephones, electricity and water are included in the Dormitory rate. MBA Office also helps students in finding campus and off-campus housing. MBA Office is located in KBTU Building, room #436.

The entire Dormitory, as well as the entire KBTU campus, offers a secure environment 24 hours a day. KBTU Dormitory was renovatedin 2013.

The Dormitory, like KBTU itself, is a smoke free building. Violations will be subject to fines, and if appropriate, expulsion. Each Dormitory resident will be expected to abide by all non-smoking rules and regulations.