Master's Degree

The program of higher and postgraduate education for the preparation of undergraduates in the direction of "Finance, banking and insurance" is being implemented at Almaty Management University at the School of Economics and Finance.

EE "Almaty Management University" trains specialists in the educational program of the specialty "Finance" on the basis of an updated license KZ03LAA00008295, issued by the KKSON MES RK on 03/02/2017.

Specialties 7M04106-Finance (NPM), 7M04116-Finance (PM) are accredited by the Independent Kazakhstan Agency for Quality Assurance in Education (IQAA) for a period of 5 years (05.29.2017-05.27.2022).

The goal of the program - is to train highly qualified specialists in the field of finance, who are distinguished by their versatility of thinking and are able to financially adapt to the modern VUCA time and make effective decisions.

The mission of the program - is to form a new generation of leaders with an entrepreneurial mindset, able to connect the past, present and future of financial processes.

Education in the magistracy in the specialty 7M04106-"Finance" (NPM), 7M04106-"Finance" (PM) "Almaty Management University" will deepen knowledge in the field of finance, namely: assessment of the company's market value, forms and methods of investment analysis, evaluation of investment risks, practical skills in using budgeting tools and methods in a company, BI technologies in management, economics and finance.

The master's program of the specialty 7M04106-Finance provides training in the scientific and pedagogical direction, where the training period is 2 years.

The master's program of the specialty 7M04116-Finance provides training in the profile direction, where the training period is 1 year

What qualities (skills) are inherent in the undergraduate in this field

A financier is a specialist who is well versed in the trends of financial markets, knows how to competently manage financial resources using IT technologies, successfully invest in various projects, analyze risks and regulate financial relations.

The financier must have the skills:

- advising on the formation of personal finances, cash flow management, the rational distribution of financial resources, the choice of investment instruments, tax expertise of decisions made;
- computer methods of collecting, storing and processing information used for professional activities;
- professional knowledge in the field of finance and credit, jurisprudence, accounting and control, analysis of economic activity, statistics, legal foundations of entrepreneurship and commerce, audit, securities market, marketing and management, economic and mathematical modeling, special financial and credit and legal disciplines;
- practical work in the financial and budgetary sphere, banking and insurance, taxation, stock and currency markets, legal services in these areas in a constantly changing economic environment;
- correct interpretation of the goals and objectives, processes and mechanisms for the financial development of the company and financial institutions;
- assessment of financial risks when making decisions on the company's risk management in order to minimize losses and obtain a stable income;
- the ability to evaluate the efficiency and profitability of investment projects, conduct tax examinations of projects, calculate the need for financial resources, taking into account the financial consequences of the decisions made;
- to know the regulatory and financial documents, the rules governing financial relations, be able to take them into account when developing financial plans and forecasts, investment projects.

Who will work

Graduates, in accordance with the "Qualification Handbook of the Positions of Managers, Specialists and Other Employees", approved by order of the Minister of Labor and Social Protection of the Population of the Republic of Kazakhstan dated May 21, 2012 No. 201-ө-m, can hold the following positions:

1. Securities Analyst

2. Investment analyst (financial analyst)

3. Analyst in the field of insurance (underwriter)

4. Stockbroker

5. Broker

6. Insurance agent

7. Foreign exchange dealer, securities dealer, stock exchange dealer

8. Consultant on taxes and fees

9. Economist for financial work (specialist in finance)

10. Head of the financial department (financial director)

11. Head of the planning and economic department.

Graduates of this specialty work:

• financial director

• financial managers

• head of controlling service

• financial analysts

• tax managers (experts)

• risk managers

• brokers and dealers

investment manager (director)
• investment and credit managers

• insurance agents

• bank employees,

• accountants and cashiers

• assistant economists

Career growth - CFO, company manager, independent financial consultant

Graduates studying in the specialty "Finance" have a high degree of employment. More than 80 percent of graduates are employed in the first six months after graduation.

Our graduates work in companies such as:

1. PricewaterhouseCoopers,

2. Deloitte,

3. Ernst & Young,

4 Crowe Horwath Nomad

5. JSC "Kaspi Bank",

6. Bank CenterCredit JSC,

7. ForteBank JSC,

8. Eurasian Bank JSC,

9. JSC "House Construction Savings Bank of Kazakhstan",

10. SB JSC "Bank Home Credit",

11. SB JSC Sberbank,

12. Investment company "BCC Invest",

13. Freedom Finance

14. Akimat of Almaty

15. JSC Subsidiary of Halyk Bank of Kazakhstan Insurance Company Halyk

16. JSC "IC "Eurasia"

17. JSC "SK "Victoria"

18. JSC IC NOMAD Insurance

19. JSC NC "KazMunayGas"

20. JSC "Kazakhmys" and others.

Foreign partner universities

We currently have agreements with 150 universities in 42 countries, including double degree programs:

• IESEG School of Management - France
• Geneva School of Business - Switzerland
• ESC Rennes Business School - France
• Solbridge International Business School - South Korea