Master of Economic Sciences
Green Finance
7M04125
Faculty of Economics & Business
Scientific and pedagogical direction
full-time
0 〒 (full-time, Scientific and pedagogical direction)
0 〒 (Foreigners, full-time, Scientific and pedagogical direction)
5
[RK + Exam] (100)
The goal is to introduce the theory and practice of natural resource management policy, illustrating how economic models are used nationally and internationally to address issues related to environmental problems. As a result, the master's student is able to: demonstrate knowledge of ways to model the interaction of the economy and the environment, evaluate the advantages and disadvantages of various environmental policies, determine the conditions for the optimal use of renewable and exhaustible resources.
5
[RK(200) + Exam]
The goal is to introduce the theory and practice of natural resource management policy, illustrating how economic models are used nationally and internationally to address issues related to environmental problems. As a result, the master's student is able to: demonstrate knowledge of ways to model the interaction of the economy and the environment, evaluate the advantages and disadvantages of various environmental policies, determine the conditions for the optimal use of renewable and exhaustible resources.
5
[RK(200) + Exam]
The course aims to provide a conceptual understanding of ESG and impact investing, the role of the financial and investment sectors in promoting sustainable development and managing the risks associated with climate change. As a result, the master's student is able to: describe qualitative and quantitative approaches to integrating ESG analysis into the investment process, integrate key ESG factors into portfolio management and investment decision-making processes, and use factors as tools for managing climate impacts.
5
[RK(200) + Exam]
The course is aimed at studying regulations and conventions on budgetary, environmental and financial law, including international treaties and international law. As a result, the master's student is able to: understand legal approaches through budgetary, climate, financial and technological law, evaluate national and regional legal budgetary frameworks, understand the structures and competencies of the most important institutions in the field of public finance and monetary policy.
5
[RK + Exam] (100)
The course is aimed at studying the normative acts and rules on budgetary, environmental and financial law, regulating fiscal policy and public finances. As a result, the master's student is able to: understand legal approaches through budgetary, climate, financial and technological law, evaluate national and regional legal budgetary frameworks, understand the structures and competencies of institutions in the field of public finances and fiscal policy.
5
[RK + Exam] (100)
The aim of the course is to expand and deepen the graduates knowledge in the field of academic and professional English. <br/> The course focuses on discussing and researching various types of professional discourse in English, and on developing speaking, reading and listening skills. <br/> Studying the discipline results in student’s ability to use professional English, to understand the language of their specialty, to conduct a dialogue in English, and to use the terms appropriately in their speech.
5
[RK(200) + Exam]
The aim of the course is to expand and deepen the graduates knowledge in the field of academic and professional English. <br/> The course focuses on discussing and researching various types of professional discourse in English, and on developing speaking, reading and listening skills. <br/> Studying the discipline results in student’s ability to use professional English, to understand the language of their specialty, to conduct a dialogue in English, and to use the terms appropriately in their speech.
5
[RK + Exam] (100)
The course program is aimed at formation of general scientific, philosophical, methodological and ideological basis for scientific and scientific-pedagogical activities of undergraduates. The history and logic of the development of science as a form of knowledge, cognitive activity and social institution, as well as the basic concepts of philosophy of science (positivism, neopositivism and post-positivism; structuralism and post-structuralism; hermeneutics and phenomenology) in their relationship and development are considered within the course. Undergraduates develop the ability of critical thinking, as well as the development of scientific research methodology.
5
[RK(200) + Exam]
The course program is aimed at formation of general scientific, philosophical, methodological and ideological basis for scientific and scientific-pedagogical activities of undergraduates. The history and logic of the development of science as a form of knowledge, cognitive activity and social institution, as well as the basic concepts of philosophy of science (positivism, neopositivism and post-positivism; structuralism and post-structuralism; hermeneutics and phenomenology) in their relationship and development are considered within the course. Undergraduates develop the ability of critical thinking, as well as the development of scientific research methodology.
5
Защита НИР
Master’s student research work is a compulsory element of a Master’s student training. Tendency of Master’s student scientific research in the semester is determined according to the major educational master’s program and topic of master’s thesis.<br/> Master’s student research work includes: writing scientific articles on the issues chosen by the master’s student, preparing and speaking at the student colloquium with intermediate results of the individual research (monthly).<br/> A Master’s student can: perform independent research, plan, arrange and perform individual research, apply principles and methods of the scientific work, summarize research results, submit results as completed scientific and research papers (reports, report abstracts, scientific articles, etc.)
3
[RK + Exam] (100)
The course program combines theory, methodology and technologies of teaching in higher education. Master students are expected to study the key achievements and problems of domestic and foreign pedagogy, and to master the methods of designing and conducting classroom lessons and scientific research. The consolidation of competences is facilitated by practical application in real educational settings, whether in a pedagogical or research context. It is evident that the successful completion of this course will equip master's students with the necessary skills to analyse educational information, apply contemporary teaching methodologies (including traditional, interactive, digital, and mixed models), and effectively solve and formulate professional and research problems within the interactive "student-teacher" dynamic. Furthermore, students will be able to demonstrate their creative abilities and initiative.
5
[RK + Exam] (100)
In the presented course theoretical foundations and practical approach to management of shares and investment portfolios with fixed income, rebalancing of portfolio structure taking into account macroeconomic conditions, industry and individual specifics of issuers and investors are considered. Examples and data of world markets - Frankfurt Stock Exchange are used, problem solving and business cases of investment companies are given.
5
[RK(200) + Exam]
In the presented course theoretical foundations and practical approach to management of shares and investment portfolios with fixed income, rebalancing of portfolio structure taking into account macroeconomic conditions, industry and individual specifics of issuers and investors are considered. Examples and data of world markets - Frankfurt Stock Exchange are used, problem solving and business cases of investment companies are given.
5
[RK + Exam] (100)
This course examines the fundamentals of management, taking into account the psychological content of managerial decisions. <br/> The course aims to form a managerial psychological culture that allows Master's students to effectively carry out organizational and managerial activities in the professional sphere.<br/> As a result of the discipline, the master's student can:<br/> Analyze managerial activity taking into account psychological factors, use theoretical, methodological foundations of management psychology, regularities of organizational behavior in the regulation of complex interpersonal conflict situations.
5
[RK + Exam] (100)
This course aims to provide students with a comprehensive understanding of fiscal policy development tools that will help achieve climate and environmental goals. The course will combine theoretical concepts with practical applications to understand the process of aligning fiscal policy with environmental goals. As a result, the master's student is able to: compare and contrast the structure of revenues and expenditures of the state budget, assess its financial condition, carry out macroeconomic modeling of budget decisions when developing programs and implementing policies
5
[RK(200) + Exam]
This course aims to provide students with a comprehensive understanding of fiscal policy development tools that will help achieve climate and environmental goals. The course will combine theoretical concepts with practical applications to understand the process of aligning fiscal policy with environmental goals. As a result, the master's student is able to: compare and contrast the structure of revenues and expenditures of the state budget, assess its financial condition, carry out macroeconomic modeling of budget decisions when developing programs and implementing policies
5
[RK + Exam] (100)
The discipline develops knowledge and skills in business and asset valuation, portfolio management, financial planning and budgeting. It covers cash flow analysis, relative and asset-based valuation, real options, asset allocation, investment decision-making, and the development of a business process management system for sustainable development.
7
Защита НИР
The result of the research in the 2nd semester for the scientific and pedagogical direction is a detailed literature review on the topic of the thesis research and systematization of theoretical material on the topic of the master's thesis, which is based on current research publications and contains an analysis of the main results and provisions obtained by leading experts in the field of ongoing research, assessment of their applicability within the thesis research, as well as the author's supposed personal contribution to p The basis of the literature review should be the sources that reveal the theoretical aspects of the issue under study, primarily scientific monographs and articles of scientific journals.
5
Защита НИР
The scientific research work of a student includes: preparation and performance at the student colloquium with the intermediate results of his research (monthly).
[RK + Exam] (100)
The purpose of the course: to form professional competencies in the development and use of systems for processing and analyzing big data. Master students develop business analysis strategies and models based on an array of data using programming languages such as Python and R, forecasts of business processes. As a result of the study, the master student is able to prepare data for analysis, research and visualization (RStudio, Power BI); apply data storage methods (SQL).
[RK(200) + Exam]
The purpose of the course: to form professional competencies in the development and use of systems for processing and analyzing big data. Master students develop business analysis strategies and models based on an array of data using programming languages such as Python and R, forecasts of business processes. As a result of the study, the master student is able to prepare data for analysis, research and visualization (RStudio, Power BI); apply data storage methods (SQL).
[RK + Exam] (100)
The course provides in-depth skills in working with derivatives such as forwards, futures and options to achieve various hedging purposes. Master student is able to identify the main types of derivatives and the main factors affecting the price of instruments, apply methods and principles of mathematical theories of finance as the basis for pricing options, apply the methodology of real options when evaluating investment projects, and apply Black-Scholes model of options.
[RK(200) + Exam]
The course provides in-depth skills in working with derivatives such as forwards, futures and options to achieve various hedging purposes. Master student is able to identify the main types of derivatives and the main factors affecting the price of instruments, apply methods and principles of mathematical theories of finance as the basis for pricing options, apply the methodology of real options when evaluating investment projects, and apply Black-Scholes model of options.
[RK + Exam] (100)
The course introduces the concepts of e-business in terms of business processes and business strategy development.
As a result of mastering the subject, the master's student is able to design and manage the architecture of the enterprise with the help of business models and market models for electronic communications and trade, understand the concept of electronic strategy, understand the relationship between e-business and e-marketing.
[RK(200) + Exam]
The course introduces the concepts of e-business in terms of business processes and business strategy development.
As a result of mastering the subject, the master's student is able to design and manage the architecture of the enterprise with the help of business models and market models for electronic communications and trade, understand the concept of electronic strategy, understand the relationship between e-business and e-marketing.
[RK + Exam] (100)
The course aims to provide a conceptual understanding of ESG and impact investing, the role of the financial and investment sectors in promoting sustainable development and managing the risks associated with climate change. As a result, the master's student is able to: describe qualitative and quantitative approaches to integrating ESG analysis into the investment process, integrate key ESG factors into portfolio management and investment decision-making processes, and use factors as tools for managing climate impacts.
[RK + Exam] (100)
The purpose of the course is to develop the knowledge and skills necessary for a financial manager to make investment and financial decisions, as well as decisions on dividend policy. As a result of studying the course, the master's student is able to determine and evaluate the most appropriate sources of financing to meet the organization's financing needs; calculate the costs of individual sources of financing and their average cost; evaluate the sources of financing; evaluate the attracted investments and their impact on the company's performance.
[RK(200) + Exam]
The purpose of the course is to develop the knowledge and skills necessary for a financial manager to make investment and financial decisions, as well as decisions on dividend policy. As a result of studying the course, the master's student is able to determine and evaluate the most appropriate sources of financing to meet the organization's financing needs; calculate the costs of individual sources of financing and their average cost; evaluate the sources of financing; evaluate the attracted investments and their impact on the company's performance.
[RK + Exam] (100)
The course examines the current monetary policy, Monetary regulation, structure and principles of modern monetary system organization, financial markets, and development of monetary system of Kazakhstan through the prism of Kazakhstani national interests. Specific issues of practical importance for Kazakhstan are considered: how to stop inflation, provide industrial enterprises with long-term loans at acceptable interest rates, make the instruments of monetary policy actually work, and increase the efficiency of the use of gold and foreign exchange reserves and the National Fund.
[RK + Exam] (100)
The course examines the theoretical and practical foundations of the formation and use of assets and profits under the influence of time and uncertainty; mastering the methods of developing a financial model, making and implementing financial decisions, constructing new financial instruments. Master student is able to: critically evaluate management decisions and develop proposals for their improvement, able to analyze and process information, choose data processing tools, build forecasting models.
[RK + Exam] (100)
The course aims to integrate traditional finance with the financing of energy, climate and urban infrastructure projects. As a result, the master's student is able to: evaluate deterministic cash flow models and conduct risk analysis, use methods for evaluating climate change mitigation and adaptation projects, understand different types of financial instruments, return objectives, risk management approaches and participants involved in financial and energy markets
[RK + Exam] (100)
The goal is to form theoretical knowledge and practical skills in organizing and evaluating the effectiveness of internal control.
Master student is able to: apply methods and models of risk management, build risk maps, calculate and interpret Value-at-Risk, apply tools such as EVA and RAROC, stress testing, use the approaches and recommendations of the Basel Committee, the NBK.
[RK(200) + Exam]
The goal is to form theoretical knowledge and practical skills in organizing and evaluating the effectiveness of internal control.
Master student is able to: apply methods and models of risk management, build risk maps, calculate and interpret Value-at-Risk, apply tools such as EVA and RAROC, stress testing, use the approaches and recommendations of the Basel Committee, the NBK.
[RK + Exam] (100)
The discipline develops knowledge of International Financial Reporting Standards and ESG disclosure, including the preparation of financial and non-financial reporting, consideration of climate-related and sustainability risks, integration of ESG factors into disclosure practices, asset valuation, financial instruments, and reporting for stakeholders.
[RK + Exam] (100)
The purpose of studying the subject is to obtain knowledge of the organization of management of economic information systems at all stages of its life cycle and the development of practical skills in organizing the creation of information systems and their implementation.As a result of mastering the course, the master's student is able to conduct a comparative analysis and choice of ICT for solving applied tasks, justify the choice of design solutions for types of information systems support, use methods of information management with the use of artificial intelligence.
[RK(200) + Exam]
The purpose of studying the subject is to obtain knowledge of the organization of management of economic information systems at all stages of its life cycle and the development of practical skills in organizing the creation of information systems and their implementation.As a result of mastering the course, the master's student is able to conduct a comparative analysis and choice of ICT for solving applied tasks, justify the choice of design solutions for types of information systems support, use methods of information management with the use of artificial intelligence.
[RK + Exam] (100)
The course gives the provisions and principles of modern financial economics, mastering the exact methods and practical applications. As a result, the Master student is able to: find fair prices of financial instruments; quantitatively measure and manage risks, build financial models and apply computational methods to solve the problem of pricing, hedging and portfolio optimization, use special algorithms such as GARCH, hybrid ARIMA-GARCH.
[RK + Exam] (100)
Discipline objective the study of the concept of markets and their segmentation, the driving forces and obstacles in the international market, globalization and the digital revolution. As a result of mastering the discipline the master student is able to: perform market analysis, applying PEST and SWOT analysis methods, develop functional and competitive strategies to promote products and services in the world markets, form optimal management decisions.
[RK(200) + Exam]
Discipline objective the study of the concept of markets and their segmentation, the driving forces and obstacles in the international market, globalization and the digital revolution. As a result of mastering the discipline the master student is able to: perform market analysis, applying PEST and SWOT analysis methods, develop functional and competitive strategies to promote products and services in the world markets, form optimal management decisions.
[RK + Exam] (100)
The purpose of the course is to introduce modern principles of financial performance and risk management in interaction with the social and environmental performance of companies, as well as the impact of this interaction on financial and investment decisions. As a result, the master's student is able to: evaluate investment approaches and methodologies for socially responsible investing, understand the role of companies disclosing information on sustainable development, analyze how the financial results of a company are related to corporate social responsibility.
[RK(200) + Exam]
The purpose of the course is to introduce modern principles of financial performance and risk management in interaction with the social and environmental performance of companies, as well as the impact of this interaction on financial and investment decisions. As a result, the master's student is able to: evaluate investment approaches and methodologies for socially responsible investing, understand the role of companies disclosing information on sustainable development, analyze how the financial results of a company are related to corporate social responsibility.
Защита практики
Pedagogical practice is carried out to form practical skills and methods of teaching.
The main objectives of pedagogical practice are formation of practical didactic and methodical skills, acquisition of skills of independent conducting educational and methodical, scientific and educational work, acquaintance with forms and methods of organization of educational process in higher education institution, study of best practices of pedagogical practice.
Защита практики
Research practice is carried out on the basis of educational and research institutions and other organizations that can be considered as experimental sites for researches in the field of master's training. In practical training the master’s students have the opportunity to perform experimental researches according to their developed program. Research practice ensures improvement and extension of theoretical knowledge, ability to set tasks, analyze received results and make conclusions, development skills of independent scientific research work. Research practice is important for writing Master’s thesis and further scientific work as a candidate for a degree.
A Master’s student can:
- think analytically, structure and edit information;
- apply scientific methods of research and experimental works;
- evaluate research results critically, identify advanced research directions and develop research program
- perform independent researches according to the developed program;
- practise abilities and skills in the arrangement of creative, research and design projects and in the team management;
- perform theoretical or experimental research within the master’s thesis;
- meet regulatory requirements to execution of scientific and technical documents.