MBA
HISTORY 2007 The beginning of the construction of Nazarbayev University June 28, 2010 The opening ceremony of Nazarbayev University takes place with the participation of the President September 2010 The Foundation program classes begin August 2011 On August 29, 2011, three undergraduate schools begin their classes: the School of Engineering, the School of Science and Technology, and the School of Humanities and Social Sciences September-December 2012 The establishment of three graduate schools: Graduate School of Business, Graduate School of Public Policy, and Graduate School of Education
DEAN’S MESSAGE It is my honor and privilege to serve as the founding Dean of the Nazarbayev University Graduate School of Business. The Nazarbayev University Graduate School of Business aspires to become the leading school in Central Asia. Our mission is to develop the next generation of globally minded business leaders who will become drivers of social and economic development in the 21st century. We are committed to providing the highest quality educational experience supported by impactful research and active engagement with the business community. We achieve these goals by delivering world-class MBA and Executive Education programs, and by creating and disseminating actionable knowledge and insights through business research. In our MBA program, you will learn how to apply decision-making tools to structure and analyze complex business problems. You will be challenged to explore new ideas and ways of thinking. You will improve your personal and professional leadership skills. Our MBA program will prepare you to succeed in the complexity and uncertainty of an interdependent global economy. As you go through the MBA program, you will grow your sense of self, expertise, and confidence. The experience, both in and out of the classroom, will transform you. By joining our community of leaders and scholars, you will expand your network with peers from across industries and geographies. These are individuals with different educational and professional backgrounds, highly motivated, representing the next generation of business leaders. Welcome to our school, welcome to the future! Ramon O’Callaghan
Dean, Graduate School of Business
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NAZARBAYEV UNIVERSITY GRADUATE SCHOOL OF BUSINESS Welcome to the Nazarbayev University Graduate School of Business, where the brightest and most enterprising minds in Central Asia come together to learn and lead. The establishment of the Graduate School of Business signals an exciting approach to management education in one of the most dynamic regions of the world. This new education model, which draws from world-class faculty in a curriculum informed by local business knowledge, is being designed to promote innovation.
The NUGSB provides the structure and space for tremendous growth and achievement, but it is undeniably the students who bring it to life. And there has never been a more exciting time to enroll: during this key period in our young history, students will play a truly formative role with the opportunity to permanently shape the future of our school. A glimpse inside the new Graduate School of Business building (to be completed in 2014):
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STRATEGIC COLLABORATION We don’t just lecture about the power of team work and collaboration— we live it every day. The NUGSB was conceived in collaboration with Duke University’s Fuqua School of Business. One of the youngest of the top ten business schools in the United States, Fuqua shares our ambitious vision, and has been a powerful ally in everything from the design of our buildings to the structure of our curriculum. Duke appointed professors even teach within our programs. Our students, therefore, get the best of both worlds—the agility and dynamism of a brand-new program, in a new and growing economy, combined with the support and expertise of an established world-renowned university.
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THE NUGSB MBA: A TRANSFORMATIONAL EXPERIENCE The NUGSB MBA is a rigorous and comprehensive full-time program specifically designed to hone the skills sought after by the most influential companies in Central Asia and beyond. The fourteen months you spend at the NUGSB will prepare you to secure—and succeed in—a wide range of business roles following graduation. • Immerse yourself in a program designed to discover and develop Kazakhstan’s next generation of entrepreneurs and business leaders. • Play a role in permanently shaping the future of your MBA program. • Learn from some of the brightest thought leaders in academia: professors from a variety of backgrounds who have taught, worked, and researched around the globe. • Develop a solid foundation in business fundamentals through a multi-disciplinary curriculum designed in collaboration with the Fuqua School of Business. • Study in a dynamic, innovative, and growing city on the forefront of business development in Central Asia. • Focus regionally while taking advantage of global opportunities.
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PROGRAM OVERVIEW The NUGSB MBA is a 14-month program which begins in September and confers degrees in November of the following year. As a student in the NUGSB MBA program you will benefit from a small student body, a residential experience, and the individual attention from an international faculty and staff focused on your success. The program is designed with the rigor of a traditional top tier MBA program, accelerated to match the intensity and pace of the business environment in Kazakhstan. Beginning with a week Orientation, you will take 16 rigorous core courses that build a foundation of business knowledge and prepare you for the 6 elective courses that will hone specific business skills and cover focused topics specific to your personal or career goals. The curriculum is focused, and intense. You will enroll in one course at any given time. All courses are taught in two week modules - ten teaching days – with small breaks to prepare for exams; two courses, on average, are covered in the span of 5 weeks. Following the core courses, you will have a choice of 6 out of 12 electives, which will allow you the opportunity to tailor the program to pursue topic-specific professional interests and preferences. To further enhance your MBA experience, your curriculum will be augmented by the Distinguished Speaker Series and Practicum.
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CURRICULUM Term 1
Orientation, Managerial Effectiveness, Managerial Economics, Probability and Statistics, and Business Communication I
Term 2
Marketing Management, Global Financial Management Financial Accounting, and Foundations of Strategy
Term 3
Operations Management, Market Research Macro Economics, and Managerial Accounting
Term 4
Decision Models, Corporate Finance 2 Electives
Term 5
4 Electives
Spinal Courses
Distinguished Speaker Series
Practicum
SAMPLE LIST OF ELECTIVES (SUBJECT TO CHANGE) Supply Chain Management
Competitive Analysis
Entrepreneurship Management
Entrepreneurial Strategy
Negotiations Leadership Valuation
Financial Statement Analysis
Investments
Marketing Strategy
Derivatives
Raising Capital/Venture Capital
Distinguished Speaker Series — This series invites senior leaders from industry and government to engage with you on various business and policy topics on a monthly basis. The sessions will be orchestrated by a member of NUGSB faculty, or an executive-in-residence who will assist you in drawing insights from the discussions that are relevant to your course of study. You will be invited to engage these speakers and make connections between the theory studied in the classroom, and practical business experience. Practicum — This team-based experiential learning course capitalizes on individual strengths, experiences, and interests of the students to build their business competency. It is a field study course that places you in direct contact with domestic and/or international organizations, the objective of which is to help you increase your knowledge of the complexities of organizations, and the role that the institutional environment plays in the conduct and performance of business. A faculty advisor will work with each student team over the course of study to identify a topic of interest and to map out the appropriate methodology to address it. As such, this capstone course is intended to represent a synthesis of the MBA learning outcomes and demonstrate business competence, exceptional teamwork skills, knowledge of core business theory, and effective communication skills, all of which will be considered in the evaluation of deliverables: a research paper and a presentation in which all students must participate.
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CAREER SERVICES NUGSB will provide you tools and services that will assist in defining and launching your career. During the program, time will be allocated for you to explore career options. You will receive individual attention and coaching to assist you in achieving your career aspirations.
HOUSING Astana is a dynamic city where you will be residing. Housing options are plentiful in the Astana area. You can find accommodations off campus, or there is graduate student housing on campus for which you may apply. You are encouraged to secure housing before you arrive.
More details provided on the NUGSB website (gsb.nu.edu.kz)
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STUDENT LIFE As a new institution, the experience here is yours; as a student in the formative years of the school, make NUGSB fit your vision and let it mold you both professionally and personally. CLUBS You are encouraged to augment your intellectual and leadership pursuits with self-directed programs that provide a bridge between your academic and extracurricular experiences. Student-led organizations provide you with opportunities to put your ideas into action. These groups allow you to assume an active and progressive role in shaping your social environment. There are many benefits to creating and joining a student organization, some of which include: making new friends, developing new skills and abilities as you work as part of a team, learning to set and achieve goals, as well as having fun. SPORTS CENTER Nazarbayev University has built a stateof-the-art multi-functional sport complex aimed to provide extracurricular activities and to support the development of athletic life on campus. The complex includes areas for: basketball, handball, volleyball, soccer, gymnastics, boxing ring, martial arts, fitness gym, and dance studio.
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ASTANA Nazarbayev University is located in Astana, the new capital of Kazakhstan. Described as “brash and grandiose, and wildly attractive” by National Geographic, and “the futuristic frontier of architecture” by The Guardian, Astana “The City of Future” has been chosen as the venue to host the International Exposition EXPO-2017. Rich in natural resources, Kazakhstan has experienced extraordinary economic growth since its independence from the Soviet Union two decades ago; and by 2016, its GDP per capita is expected to reach the World Bank threshold to classify as a “high income economy.” The World Bank has also ranked Kazakhstan as one of the world’s 20 top locations for direct foreign investment. As a student in the NUGSB MBA program you may reside on-campus or in the city proper. It is the responsibility of each student to secure housing for the NUGSB MBA program; you will receive more information on your options during the recruiting and admissions process.
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ADMISSIONS REQUIREMENTS Applicants to the NUGSB MBA program are expected to have: •
Work experience will be taken into account in admissions decisions
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Bachelor’s and/or Master’s degree diploma (or equivalent).
Applicants must submit the following documents (in English or with English translation): •
Two confidential letters of recommendation
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Three essays (questions are available on the application form)
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Curriculum Vitae (not to exceed one page)
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Notarized copy of Bachelor’s and/or Master’s degree diploma with transcript including a notarized English translation
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Valid English Language Proficiency Tests Report (IELTS or TOEFL)
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Valid GMAT or GRE Test Report is required. Otherwise, applicants must make arrangements to take an alternative business math test administered at NU.
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Notarized scanned copy of the applicant’s identity card (with notarized English translation) or passport
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Notarized scanned copy of the applicant’s employment record book (or equivalent) with notarized English translation
IMPORTANT INFORMATION •
Submission of completed application package by the applicant does not guarantee admission into the NUGSB MBA program.
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Applicants may be invited for an interview by the Admissions Committee.
Every applicant must complete an online application form in English and submit it on the official University website (http://admissions.nu.edu.kz). All the original documents must be sent to: Admissions Committee of the Graduate School of Business, 53 Kabanbay Batyr Ave., Astana 010000, Republic of Kazakhstan.
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TUITION AND FINANCIAL AID TUITION & FINANCIAL AID: The tuition fee for the 14-month program is $48,000 (includes books and course materials). NOTE: NUGSB provides scholarships up to 60% which reduces the total tuition paid to $19,200. The NUGSB offers generous scholarships of up to 60% of the tuition fee to highly qualified applicants based on academic achievements, professional experience, and the need for financial support. In addition, scholarships are available on a competitive basis from many organizations and interested students are encouraged to conduct a web-based search to identify possible scholarship grantors. There will be a payment plan available to allow students to make tuition payments over the length of the program.
APPLICATION DEADLINES Deadline: July 1, 2014 *Given the competitive applicant pool, you are encouraged to apply as early as you can. Available scholarships and seats are limited.
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WANT MORE INFORMATION? The NUGSB website (http://gsb.nu.edu.kz) has answers to most questions regarding the NUGSB MBA program. If you have more questions or need further information, please contact us by phone, mail, or e-mail (see contact details below). We also invite you to make an appointment to visit our campus for an Open House information session, and meet some of our faculty, staff, and students. Open House dates are available on our website.
CONTACT INFORMATION All inquiries about the NUGSB MBA program can be submitted to: Office of NUGSB ADMISSIONS Nazarbayev University 53 Kabanbay batyr Ave. Astana, 010000 Republic of Kazakhstan Tel.: +7 (7172) 70 90 28 Tel.: +7 (7172) 70 91 74, 70 91 64 Email: NUGSBADMISSIONS@nu.edu.kz Website: http://gsb.nu.edu.kz