Professional Documents
Culture Documents
INNOVATION
Welcome to an ambitious academic
undertaking, designed to impact generations
of global business leaders to come. The
establishment of the Graduate School of
Business at Nazarbayev University 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, enabling Kazakhstan
and the wider Central Asia region to manage
our vast natural resource wealth and be
competitive in world markets.
Join us as we build a business school that
will reflect Kazakhstans unique position
in the world both a leader in Central
Asia, and an important bridge between the
worlds most influential economies.
Strategic Collaboration
In 2009, Nazarbayev University established a strategic collaboration
with Duke Universitys Fuqua School of Business to assist in its
ambition to build a world-class business school in Astana.
Dukes Fuqua School of Business is a world- renowned institution
based in the United States, with the #1-ranked faculty in the world..
The school has a global network with presence in London, Dubai,
New Delhi, Shanghai and St. Petersburg. Fuqua has a history of
innovation, having launched three MBA programs for working
NUGSB team and senior leadership from the Fuqua School of Business
Degree Programs
1. Executive MBA
2. Full-Time MBA
3. Master in Engineering Management
Non-Degree Programs
1. Small to Medium Sized Enterprise Executive
Development Program
2. Customized Programs
3. Open Enrollment
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Corporate Testimonials
It has been a privilege for me to lead
the Tengizchevroil (TCO) partnership
for the last four years. TCO operates
the Tengiz and Korolev fields in
Western Kazakhstan. Tengiz is the
worlds deepest producing super giant
field that was discovered in 1979. The
TCO partnership was formed in 1993
and production from TCO accounts for
30% of the Republic of Kazakhstans
crude oil output.
The success of TCO has been built on the hard work and dedication of
its workforce through the years. Today, Kazakhstani citizens hold 86
percent of TCO positions, compared to 50 percent in 1993. Kazakhstani
managers and supervisors represent 75 percent of the TCO managerial
workforce. Ongoing training and development programs exist to
support the advancement of employees to positions of increasing
responsibility. The demanding work at TCO requires our leaders to be
among the best in the world. Not only do they need deep functional
expertise, but they must also have the right understanding of TCOs
business drivers and how a leaders decisions can impact every
element of the business and the workforce.
The advent of the Nazarbayev University Graduate School of Business
(NUGSB) and their Executive MBA program provides world-class
executive business training in Kazakhstan. It was a great opportunity
for us to select from our best and brightest to participate in this
advanced business training. It was an honor for one of our employees
to be accepted into the first class and her experience and the education
that she received has her well positioned as a future leader of TCO.
Our future rests in the hands of the young leaders of today. NUGSB
helps us prepare those leaders for the challenges they will face as we
continue to build on one of the longest, most productive partnerships
in Kazakhstan.
Tim G. Miller
General Director - Tengizchevroil
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Benefits
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 gain new skills, new
ways of approaching complex problems and selfconfidence.
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Class profile
EMBA 2014 -2015 and EMBA 2015-2016 class statistics
5%
13%
7%
managing director
2%
13%
7%
director
head of the department
senior manager
vice president
entrepreneur
chairman
18%
32%
68%
18
13
35
years
years
Average
work experience
Average
AGE
Organizations represented:
Sovereign Wealth Fund Samruk-Kazyna JSC , NCOC,
TengizChevrOil, Samruk Energy, KazMunaiGas E&P,
Kazakhstan Temir Zholy, KEGOC, Kazpost,
Nazarbayev University, KazTransGas, KazTransGas Aimak,
PetroKazakhstan, SAT & Co., OzenMunaiGas, Plant ZhBK
Functional areas and industries:
Functional areas: Energy, Transportation, Corporate Development,
Finance, Law, Service, Information Technology, Education,
International Relations, Investments, Strategy, Risk Management,
Human Resource Management, Manufacturing Process Control,
Social Policy, Economics, Marketing, Health Care.
Curriculum
EMBA THESIS
This capstone allows
each student to deepen
their skills and expertise
specific to career goals and
industry or organizational
challenges.
ELECTIVES
Students select 3 courses applicable to their
career goals: Finance, Leadership,
Marketing, Strategy and Negotiations
CORE
The 12 required core courses cover the fundamental building
blocks of business education: Managerial Economics, Management
and Organizations, Quantitative Tools for Managers, Financial
Accounting, Marketing, Foundations of Finance, Strategy, Supply Chain
Management, Managerial Accounting, Corporate Finance, Financial
Analysis, and Entrepreneurship
ORIENTATION
This period lays the foundation of skills necessary for success in the program:
Computer Applications; Quantitative Methods; Team Building;
Program Orientation
All courses subject to final approval.
Participants Testimonials
My name is Almassadam Satkaliyev.
I am an EMBA student at Nazarbayev
University Graduate School of
Business (Class of 2014).
Currently I work as a CEO at
Samruk-Energy JSC. Samruk-Energy
is a holding company with a mandate
of implementing government
policy in the energy sector. The
companys main spheres of activity
are generation, transmission and
distribution of electricity, and coal production. Samruk-Energy is
represented almost in every region of the country, employing
around 24 thousand people. The Company accounts for around 47%
of Kazakhstans total electric capacity, almost 40% of the countrys
electricity generation and coal production.
Today, in the era of globalization, the most important source of
a companys competitive advantage is its internal capabilities.
Therefore, successful management of an organization requires a
top manager to effectively mobilize a companys resources in a
way that both maximizes internal efficiency and meets external
challenges.
Nazarbayev University, which was created on the initiative of
the President of the Republic of Kazakhstan, today is one of the
most successful educational and scientific projects in the region.
NU GSBs strategic partnership with the Fuqua School of Business
at Duke University, one of the leading business schools globally,
ensures unique learning methods and approaches. Together with
the universitys extraordinary faculty and advanced research base,
this makes NU GSB a desired destination for gaining international
knowledge and expertise required to meet todays challenges of
globalization and integration, while taking into account specifics
of Kazakhstan. It is a great opportunity to meet my educational
objectives, and to gain skills to adopt and implement new ideas and
strategies in the management of my company.
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Gulmira Raissova
Director of Human Resources Management Department
Samruk-Kazyna National Fund
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Participants Testimonials
For a number of years I wanted to
study in a reputable business school,
which, however, would require that
I take a year or two off and move.
With a job that I did not want to
quit and with a family, this thought
was becoming just a dream. I was
very lucky to be able to enroll in and
become part of the NU EMBA. Its
format, location, and partnership
with Fuqua GSB was an ideal answer
to all of my wishes.
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Faculty
Through our strategic collaboration with
Duke Universitys Fuqua School of Business,
the NUGSB is able to draw high-caliber
faculty members from around the world
who have in-depth experience.
Our faculty is comprised of thought
leaders and leading researchers whose
expertise and passion for innovation create
a one-of-a-kind learning environment.
A partial list of faculty that has taught, or is
teaching in our Executive MBA program is
written below.
Chet Borucki
Associate Dean of MBA Programs,
Professor of Strategy and Management
Specialization: Change management,
corporate strategy, international business,
analysis of organizations
Undergrad Degrees:
BS, Psychology, University of Massachusetts
(magna cum laude)
Grad Degrees: MA, Organizational
Psychology, PhD, Organizational Behavior
and HRM, University of Michigan (1989)
Previous Affiliations: New York University,
Nyenrode University - The Netherlands
Business School, Seoul National University,
International University of Japan, Temple
University Japan, Tilburg University - TIAS
Business School
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Venkat Subramanian
Associate Professor of Strategy
Marek Jochec
Assistant Professor of Finance
Jonathan R. Peterson
Assistant Professor of Economics
Specialization: applied microeconomic
theory, personnel economics, industrial
organization
Undergrad Degrees: B.S., Department
of Mathematics (Magna Cum Laude),
Department of Economics (Summa Cum
Laude), University of Utah, Salt Lake City, UT
(2004)
Grad Degrees: Ph.D., Department of
Economics, Cornell University, Ithaca, NY
(2010)
Previous Affiliations: Johnson School of
Management, Cornell University, Higher
National Research University Higher School
of Economics, Russia
Patrick Duparcq
Associate Dean of Executive Education,
Professor of Marketing
Daniel W. Lund
Associate Professor for Cross-Cultural and
Human Resources Management
Dmitry Khanin
Associate Professor of Entrepreneurship
and Management
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EMBA class of 2015 with representatives from the NUGSB and the Fuqua School of Business
Faculty Testimonials
I Just Chose Nazarbayev Universitys
Graduate School of Business. How
About You?
As circumstances have it, I recently
made a decision not unlike the one
youre about to make yourself. After
teaching for 20 years in top executive
programs around the world, Im making
Nazarbayev Universitys Graduate
School of Business my new academic
home. The reasons why may provide
you with an insight why you should
also consider joining the NUGSB family.
Nazarbayev University has a mission to build the top business school in
the region and is well on its way to accomplish that goal. Many of the
courses in the EMBA program are taught by world-renowned faculty
from Duke Universitys Fuqua School of Management while NUGSB
itself is accelerating the hiring of full time faculty and research experts
from around the world.
NUGSBs network of partners and alumni is growing and starts
to resemble a verifiable whos who in academia, business and
government in Kazakhstan and abroad. In other words, this is where
the action is. Sure, Im eager to explore the amazing capital city of
Astana, but I wouldnt have moved here if I couldnt stay connected
with movers & shakers in business and technology both locally and
globally. Neither should you. The list of current and former presidents,
prime ministers, international diplomats, and business executives from
around the world who have visited Nazarbayev University over the last
few years should make you take note: Nazarbayev University means
business, locally, regionally, and globally.
Why should this affect my choice in EMBA programs, you may ask?
In todays world, its not enough anymore to learn useful tools to
manage a business; its also crucial to understand global dynamics
and technology trends that impact your business, even locally. At
Nazarbayev Universitys Graduate School of Business, youll not only
get state-of-the- art management skills from some of the worlds
top management thinkers, but also a truly global perspective. Finally,
during your residence in the U.S., you will be exposed to business
culture in other countries. I promise you will find this an exhilarating
and insightful experience!
Jon Fjeld
Executive Director of the Center for Entrepreneurship
and Innovation and Professor of the Practice,
Duke University: The Fuqua Schoo l of Business
Dmitry Khanin
NUGSB Associate Professor of Entrepreneurship and Management
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Learning Environment
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Program Design
PRE-READING
Pre-reading is required
for all courses and
continual involvement
in the program between
sessions is also required.
Class:
Back to Work:
Class:
SAT-MON
TUES-FRI
SAT-SUN
EXAM
Students return to
campus for two
more days of intense
instruction.
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Admission Requirements
Candidates for the EMBA program at
the Nazarbayev University Graduate
School of Business are expected to have
at least 5 years of work experience.
However, exceptional candidates with less
experience will be considered.
Applicants will be considered after a
complete application has been submitted,
which must include the following items in
English:
Resume
Candidates must submit a 1-page business/
professional resume containing employment
and education background.
Two letters of recommendation
The most valuable recommendations come
from people who know the candidates
professional skills and abilities. We require
one of two recommendations be written by
an employer/individual who can assess the
candidate in a work-related environment.
The second recommender should be chosen
at the candidates discretion.
Transcripts
Candidates must submit official transcripts
from all undergraduate and post-graduate
education. Transcripts must be submitted in
their original form as well as in an English
translation.
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Quantitative Assessment
www.gsb.nu.edu.kz
FAQ
DOES OUR ORGANIZATION LOSE AN
EMPLOYEE FOR THE DURATION OF THE
20-MONTH PROGRAM?
While your organization will part with your
EMBA students during weekend programs
and international residencies, their learning
will be immediately applicable to the
workplace each time they return. We
encourage employers to be sensitive to the
demands of the program, so as to realize
the highest return on their investment
HOW DOES THE PROGRAM APPLY TO MY
SPECIFIC ORGANIZATION?
Each executive and sponsoring organization
has unique goals and perspectives to
bring to this program. The NUGSB EMBA
recognizes that the most successful
students will be able to apply their
education immediately at the workplace.
To encourage this process each student will
be required to work on a thesis that directly
relates to their career objectives and which
will be evaluated by NUGSB faculty.
Through this opportunity, the sponsoring
organization can directly benefit from the
EMBA experience.
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MY COMPANY IS IN ASTANA,
MUST OUR EMBA STUDENTS ALSO
RESIDEON CAMPUS?
The NUGSB EMBA program is an immersive
and intense learning experience. Even if
a student is a resident of Astana, he/ she
must live on campus during the weekend
residencies. Residency adds to the group
learning environment, and is essential for
EMBA students to fully absorb the learning
objectives for each course.
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Contact Information
All inquiries about the Executive MBA Program can be submitted to:
Office of NUGSB Admissions
Nazarbayev University,
53 Kabanbay batyr Ave.,
Astana, 010000 Republic of Kazakhstan
l.: +7 (7172) 70 90 28
l.: +7 (7172) 70 91 74
l.: +7 (7172) 70 91 83
NUGSBADMISSIONS@nu.edu.kz
gsb.nu.edu.kz
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