Magistracy
Speciality Code:
7M04127
Speciality Name:
Finance
Faculty:
High School of Economics and Business
Qualification:
- Scientific and pedagogical direction - Master of Economic Sciences
- Model of graduating student
- Mandatory disciplines
- Elective disciplines
- Professional
Upon completion of this educational program, students are expected to be able to:
1. Formulate a scientific theory in the modern scientific framework of financial directions;
2. Create and analyze financial market trends, processes and instruments;
3. Create and analyze modern scientific knowledge in the field of finances;
4. Manage financial and economic units in state, regional and local government, companies and financial institutions;
5. Formulate promising trends in the development of pedagogical and methodical science, to apply innovative and interactive technologies and methods of teaching in financial disciplines in higher education;
6. Develop business plans for the creation and development of new organizations (activities, products), assess the economic and social conditions of business, develop corporate strategies, plan and implement activities aimed at their implementation;
7. Find technological solutions to scientific problems;
8. Apply the methodology and terminology peculiar to financial and economic sciences, understanding of the system interrelations operating in them;
9. Form knowledge in the field of economic sciences, the ability to study, summarize, disseminate and apply the experience of highly qualified financial specialists;
10. Form knowledge of regulatory and legal documents in the field of Economics, Finance, regulatory and instructional documentation, skills and abilities to develop current documentation;
11. Apply knowledge in the field of innovation, skills and abilities to restructure professional activity, to implement author’s innovative ideas, to find non-standard and alternative solutions, to be able to generate new ideas, to critical thinking;
12. Apply methods of communication in society.
1. Formulate a scientific theory in the modern scientific framework of financial directions;
2. Create and analyze financial market trends, processes and instruments;
3. Create and analyze modern scientific knowledge in the field of finances;
4. Manage financial and economic units in state, regional and local government, companies and financial institutions;
5. Formulate promising trends in the development of pedagogical and methodical science, to apply innovative and interactive technologies and methods of teaching in financial disciplines in higher education;
6. Develop business plans for the creation and development of new organizations (activities, products), assess the economic and social conditions of business, develop corporate strategies, plan and implement activities aimed at their implementation;
7. Find technological solutions to scientific problems;
8. Apply the methodology and terminology peculiar to financial and economic sciences, understanding of the system interrelations operating in them;
9. Form knowledge in the field of economic sciences, the ability to study, summarize, disseminate and apply the experience of highly qualified financial specialists;
10. Form knowledge of regulatory and legal documents in the field of Economics, Finance, regulatory and instructional documentation, skills and abilities to develop current documentation;
11. Apply knowledge in the field of innovation, skills and abilities to restructure professional activity, to implement author’s innovative ideas, to find non-standard and alternative solutions, to be able to generate new ideas, to critical thinking;
12. Apply methods of communication in society.
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Psychology of management
- Number of credits: 3
- Type of control: [RK1+MT+RK2+Exam] (100)
- Description: Formation of knowledge about the fundamental concepts of management psychology for the practical application of the most critical aspects of management in professional interaction. Basic principles of management psychology, personality in management interactions, management of personality behavior, modern ideas, psychology of managing group phenomena, motivation, and practical reflection.
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Organization and Planning of Scientific Research (in English)
- Number of credits: 6
- Type of control: [RK1+MT+RK2+Exam] (100)
- Description: The purpose of the discipline is to form the research culture of the future specialist, and to study the theoretical and methodological principles of organizing research activities in the context of the development of science and society. The discipline is aimed at developing the ability to conduct independent scientific research using methods and techniques of analysis, and information scientific resources.
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Derivatives and Alternative Investment (CFA)
- Number of credits: 6
- 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.
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Foreign Language (professional)
- Number of credits: 6
- Type of control: [RK1+MT+RK2+Exam] (100)
- Description: The purpose is to acquire and improve competencies by international standards of foreign language education and to communicate in an intercultural, professional, and scientific environment. A master's student must integrate new information, understand the organization of languages, interact in society, and defend his point of view.
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History and Philosophy of Science
- Number of credits: 3
- Type of control: [RK1+MT+RK2+Exam] (100)
- Description: Purpose: Understanding of modern philosophy as a system of scientific knowledge, including worldview in rational-theoretical comprehension. The discipline includes aspects of the evolution and development of scientific thinking, historical moments, the contribution of scientists and scientific schools to the formation of science, and ethical and social aspects of scientific activity.
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Tax consulting and compliance
- Number of credits: 9
- 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.
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Pedagogy of Higher education
- Number of credits: 5
- Type of control: [RK1+MT+RK2+Exam] (100)
- Description: The purpose is the formation of the ability of pedagogical activity through the knowledge of higher education didactics, theories of upbringing and education management, analysis, and self-assessment of teaching activities. The course covers the educational activity design of specialists, Bologna process implementation, acquiring a lecturer, and curatorial skills by TLA-strategies.
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Consumer Finance and FinTech
- Number of credits: 6
- Type of control: [RK1+MT+RK2+Exam] (100)
- Description: The discipline is aimed at the formation of basic professional knowledge and practical skills in the field of consumer finance among undergraduates. 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.
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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. International Financial Reporting Standards 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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Financial institutions: activity, regulations and risks
- Type of control: [RK1+MT+RK2+Exam] (100)
- Description: The purpose of the discipline to form undergraduates' knowledge about the features 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. - assess the structure, functions and main trends in the development of modern financial institutions of the Republic of Kazakhstan; - conduct research and analyze the activities of financial institutions.
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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.
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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.
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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.
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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.
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Pedagogical
- Type of control: Защита практики
- Description: Aim оf discipline: formation of the ability to carry out educational activities in universities, to design the educational process and conduct certain types of training sessions using innovative educational technologies.
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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.