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Economics, M.A.

  • Application Deadline
  • 24 months
    Duration
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. 

About

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

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 24 months
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You need the following IELTS score:

  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS

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

Living costs for Nur-Sultan

  • 151250 - 222350 KZT/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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