Nazarbayev University

24 months
Tuition fee
Apply date
Start date


The Master of Arts in Economics (MAE) degree program at Nazarbayev University will directly serve the exigent need of preparing highly qualified Economists. Graduate education in Economics involves the development of analytical, methodological, and applied skills. 


Developing students’ understanding of macro- and microeconomics will help them to function not only in the private sector, but also in industries that interface with government and governmental agencies (i.e. energy, manufacturing, NGO, and other firms). 

Training in data management, macroeconomic policies, optimization problems and other subjects that are part of the Economics curriculum will help students succeed and advance in a variety of professional environments.For students interested in doctoral-level education, a Master’s degree in Economics demonstrates advanced research and academic skills that will facilitate their admission to Ph.D. programs in Economics, Business and other social sciences. 

Even in its first two years, the students in the Economics programme at Nazarbayev University were placed (with full funding) to the PhD programs of the following universities: Washington, Vienna, KU Leuven (multiple students), George Washington, Purdue and Wuppertal.

Work after graduation

  • Professional economist careers
  • Economics careers in banking
  • Economics careers in accountancy
  • Economics careers in business and financial consultancy
  • Economics careers in the public sector, international organizations, and non-profit organizations
  • Insurance, actuarial, and data analysis careers in economics

Programme Structure

Courses include:

  • Microeconomics
  • Macroeconomics
  • Statistics
  • Math Econ
  • Econometrics
  • Applied Econometrics

Key information


  • Full-time
    • 24 months

Start dates & application deadlines




On Campus

Academic requirements

We are not aware of any academic requirements for this programme.

English requirements

IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).

Other requirements

General requirements

  • An undergraduate degree (Bachelor’s degree or equivalent)
During the application period final year students may submit official current transcript for consideration. 
  • A minimum CGPA of 2.75 out of 4.0 (or equivalent); 
  • High motivation and strong interest in the Program as outlined in a personal essay;
  • Resume;
  • Three letters of recommendation.

Tuition Fee

Application fee: KZT 10,000


Scholarships are available

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Nazarbayev University