Master degree program
Finance

Finance

QUALIFICATION

  • Scientific and pedagogical direction - Master of Economic Sciences

MODEL OF GRADUATING STUDENT

ON1 To carry out scientific and empirical research on the development of financial science in Kazakhstan, as well as to apply fundamental knowledge and skills in the field of finance within the framework of modern scientific financial areas
ON2 Create and analyze trends, processes and financial market instruments, applying knowledge of basic concepts, theories, principles, methods and tools in the field of finance
ON3 Apply the analysis of financial statements based on IFRS in the formation of reliable information necessary for users to make managerial and financial decisions
ON4 Differentiate different methods of analysis and models to solve complex financial problems, identify socio-economic problems and analyze processes using methods of systems analysis and mathematical modeling
ON5 Develop research and innovation projects, business plans for the creation and development of new organizations and new financial products
ON6 Apply knowledge in the field of innovation, skills and abilities to restructure professional activities, show creativity and initiative in assessing the state and risks of the financial environment
ON7 Apply knowledge of laws and regulations, compliance with laws, standards and requirements in the field of compliance in the field of finance, regulatory and instructional documentation; apply the skills and abilities to develop current documentation
ON8 Model financial and investment projects to predict financial processes and phenomena, practical situations based on the study of the best domestic and foreign cases, using qualitative analysis and synthesis.
ON9 Formulate promising trends in the development of pedagogical and methodological science, apply innovative and interactive technologies and teaching methods in financial disciplines in higher education
ON10 Apply the methodology and terminology characteristic of the financial and economic sciences, produce structuring, systematization of knowledge and their presentation in various ways; apply research methodology in the context of various areas of modern financial management and consulting.
ON11 Evaluate received scientific knowledge and generate it into own scientific research on finance and financial market; arguedly present the results and conclusions at a scientific presentation or defense
ON12 Apply methods of communication in society, create a team of professionals, work effectively in teams, defend one's position, convince and find compromise and alternative solutions, have social responsibility and the ability to serve society

Program passport

Speciality Name
Finance
Speciality Code
7M04127
Faculty
High School of Economics and Business

disciplines

Consumer Finance and FinTech
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - When studying the discipline, the following aspects will be considered: Perception and interpretation of information by a person. Human preferences, rationality and efficiency of the market. Prediction and implementation of preferences in the future. Market models taking into account behavioral factors. External factors and investor behavior. Aspects of financial management of the company and behavioral factors. The role of the human factor in corporate risk management policy. Online payment and transfer services. Cloud cash desks, P2P lending and non-banks. The blockchain system. Cryptocurrencies. Ecosystems and marketplaces.

Derivatives and Alternative Investment (CFA)
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at forming a system of theoretical knowledge and practical skills among undergraduates in the effective use of various types of derivative financial instruments, alternative investments in the development of an investment strategy. When studying the discipline, the following aspects will be considered: The nature and types of derivatives, alternative investments. Mechanisms for concluding, executing and guaranteeing transactions with derivatives. Formation of investment strategies, hedging strategies based on the use of derivative financial instruments.

Financial and economic justification of projects
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at developing undergraduates' knowledge and practical skills in the field of financial and economic justification of investments, expediency and evaluation of the result of investing in the authorized capital of legal entities. When studying this discipline, the following aspects will be considered: Modern practice of investment activity in the Republic of Kazakhstan. Types and methods of capital investment. Stages of investment analysis. Analysis of financial statements as a tool for making investment management decisions. Methods of evaluating the effectiveness of investment projects.

Foreign Language (professional)
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline is to form practical skills in various types of speech activity in a foreign language. The training course builds the ability to perceive, understand and translate information in the modern global space, participate in scientific events to test their own research. The discipline is aimed at improving competencies in accordance with international standards of foreign language education.

History and Philosophy of Science
  • Number of credits - 3
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline is to form a holistic systemic understanding of philosophy as a special form of cognition of the world, its main sections, problems and methods of their study in the context of future professional activity. The training course forms the theoretical and methodological basis of research work.

International Financial Reporting Standards
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at developing the abilities of practical application of the provisions of international Financial Reporting Standards (IFRS), their interpretation in the methodology of accounting organization. IFRS are a set of documents (standards and interpretations) regulating the rules for the preparation of financial statements necessary for external users to make economic decisions in relation to an enterprise. The goal is that in any practical situation, the drafters can follow the spirit of the principles, and not try to find loopholes in clearly defined rules that would allow circumventing any basic provisions.

Organization and Planning of Scientific Research (in English)
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline to form the ability to apply practical skills in the organization and planning of scientific research. The discipline studies: forms and methods of planning, organization and design of scientific articles and dissertations; forms of summarizing the results of scientific research in presentations, speeches, projects, articles.

Pedagogy of Higher education
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline is to form the ability to teach in universities and colleges based on knowledge of higher school didactics, theory of education and management of education, analysis and self-assessment of teaching activities. The training course is aimed at studying the trends in the development of education and the Bologna process. The course will help you master teaching and curatorial skills, various strategies and methods of teaching and education.

Psychology of management
  • Number of credits - 3
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline is to provide scientific training of highly qualified specialists based on the study of fundamental concepts of management psychology, creating prerequisites for a theoretical understanding and practical application of the most important aspects of the field of management in the process of professional formation. The course is aimed at studying the patterns of development and functioning of mental processes, the basics of effective interaction and conflict resolution, self-development and self-presentation.

Tax consulting and compliance
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at developing undergraduates' ability to assimilate systematic and deep theoretical knowledge in the field of tax consulting and compliance. The essence, composition and content of tax consulting, Reducing the likelihood of misunderstandings and conflict situations with representatives of fiscal and other public authorities. The procedure for minimizing financial losses in the form of fines and penalties. The possibility of further independent assessment of tax risks and decision-making on the need to make corrections to tax reporting. Analysis of internal documents and their contents taking into account changes in the external legal environment.

Data for 2022-2025 years

disciplines

Consolidated Financial reporting
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at developing undergraduates' ability to assimilate systematic and deep theoretical and practical knowledge in the field of consolidated financial statements. When studying the discipline, the following aspects will be considered: the role of consolidated financial statements in a market economy. Provision of consolidated financial statements and disclosure of information. Methods of consolidation. Consolidation procedures. Regulation of consolidated financial statements.

Corporate Finance (advanced course, CFA)
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at the formation of modern fundamental knowledge in the field of theory and practice of corporate finance in accordance with the qualification requirements of CFA, organization of financial activities and analysis of investment design. When studying the discipline, the following aspects will be considered: Fundamentals of Corporate Finance Management. Corporate finance and financial management tasks. Assessment of financial results of corporations. Corporate investment decisions. Corporate financial risk management. Corporate lending. Financial planning of corporate activities.

Corporate Financial Management
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at forming a comprehensive understanding of modern conceptual foundations in the field of corporate finance organization and management, obtaining practical skills to predict the cash flows of an investment project and corporate risk management methodology for undergraduates. When studying the discipline, the following aspects will be considered: Financial resources and capital of the corporation as an object of management. Basic principles and methods of effective corporate finance management.

Corporate financial reporting
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at forming undergraduates' adequate perception of the theoretical foundations and problems of corporate reporting, the ability to analyze, summarize and formulate modern approaches to the corporate reporting system and compare them with international practice. When studying the discipline, the following aspects will be considered: Information disclosure models in corporate reporting. Modern concepts and methods of corporate reporting formation.

Financial and mathematical modeling
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at developing undergraduates' fundamental knowledge in the field of economic and mathematical methods and models for solving applied problems in the field of financial management of an organization using software tools. When studying the discipline, the following aspects will be considered: the basic principles of financial mathematics. Mathematical models and their classifications. Construction of a mathematical model in the financial system. Methods of assessment, analysis of financial risk. Debt repayment planning. Methods of making optimal decisions. Mathematical and computer modeling.

Financial institutions: activity, regulation and risks
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at the formation of knowledge about the peculiarities of functioning and the main trends in the development of financial institutions of the Republic of Kazakhstan, supervisory and prudential regulation of banks, insurance and management companies, microfinance organizations, and methods of financial risk management. When studying the discipline, the following aspects will be considered: Structure, functions and main trends in the development of modern financial institutions of the Republic of Kazakhstan. Regulation of financial institutions. The concept of development of the financial sector of the Republic of Kazakhstan until 2030. Problems of development of the financial sector of the Republic of Kazakhstan. Ensuring financial stability and maintaining confidence in the financial sector. Development of innovation, financial technologies, new business models and competencies in the financial market. Methods of financial risk management.

Financial Management (advanced course)
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at the formation of modern fundamental knowledge among undergraduates in the field of the theory of financial management of organizations, the disclosure of the essential foundations of the interaction of the theory and practice of financial management, its role and significance in modern market relations. When studying the discipline, the following aspects will be considered: Fundamentals of financial management. Investment decisions of companies. Risk management. Lending to small and medium-sized businesses. Financial planning.

Financial management advanced
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at forming a complex of knowledge among undergraduates in the field of theory and practice of financial management, its role and significance in modern market relations. When studying the discipline, the following aspects will be considered: Fundamentals of financial management. Tasks of financial management and corporate finance. Financial results of corporations. Investment decisions of companies. Risk management. Lending to small and medium-sized businesses. Financial planning. Portfolio management. Bankruptcy and anti-crisis policy. Financial management and state support.

Financial Mathematics
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at forming a complex of knowledge among undergraduates about the basic concepts, provisions and methods of financial mathematics, obtaining skills in performing financial calculations. When studying the discipline, students will study the following aspects: The process of accrual of simple interest. The process of accrual of compound interest. Analysis of financial flows. Settlements on credit transactions, loans, loans. Calculations of payments in production activities. The process of calculating payments under conditions of risk and uncertainty.

Management of the activities of financial institutions
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline is the need to learn the theoretical foundations of risk management of financial institutions, practice and the main problems of legislation on the financial sector at the present stage. formation of a system of in-depth knowledge, analytical and practical skills in the field of assessment and management of financial risks of corporate investment of the company, and on their basis – the ability to organize financial activities.

Theory of finance
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at forming undergraduates' knowledge of financial categories, concepts, terms, their meanings, classification and place in socio-economic processes. When studying the discipline, the following aspects will be considered: Finance and their role in social reproduction. The financial system and its structure. The content and directions of financial policy, the essence of the financial mechanism. Finances of economic entities. Public finances and their constituent elements. The relationship between finance and taxes.

Theory of Modern Finance
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline is aimed at forming undergraduates with in-depth theoretical and practical knowledge in the assimilation of financial categories, concepts, terms, their classification, achieving an understanding of the relationship and interaction of forms of finance organization. When studying the discipline, the following aspects will be considered: Finance and their role in social reproduction. The financial system and its structure. The content and directions of financial policy, the essence of the financial mechanism. Finances of economic entities. Public finances and their constituent elements. The relationship between finance and taxes.

Data for 2022-2025 years

INTERNSHIPS

Pedagogical
  • Type of control - Защита практики
  • Description - Formation of practical, educational-methodical skills of conducting lectures, seminars, creatively apply scientific, theoretical knowledge, practical skills in teaching activities, conduct training sessions in the disciplines of the specialty; own modern professional techniques, methods of training, use in practice the latest theoretical, methodological advances, make educational, methodological documentation.

Research
  • Type of control - Защита практики
  • Description - The purpose of the practice: gaining experience in the study of an actual scientific problem, expand the professional knowledge gained in the learning process, and developing practical skills for conducting independent scientific work. The practice is aimed at developing the skills of research, analysis and application of economic knowledge.

Data for 2022-2025 years