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Almaty Management University becomes the first University in CIS Region to enter QS Global MBA Ranking_5
attached file : e Newsletter AAPBS_Almaty Management University_2019.docx

Almaty Management University initiates the development of the entrepreneurial ecosystem for educational institutions in Kazakhstan

Almaty Management University along with the Eurasian Group and Friends of Tel Aviv University Association in Kazakhstan have created an initiative that inspires, stimulates and helps students, teachers, school administrators, entrepreneurs and businessmen, representatives of government agencies and non-profit organizations to establish productive links for the development of the entrepreneurial ecosystem in the region and in the country. This year the project celebrates its second year of success.

Back in 2017, the needs’ assessment research showed that generally university management around Kazakhstan understand and support the initiative of development of entrepreneurial education and most universities have opportunities for the development of entrepreneurship. However, with the security of ERG’s (employs more than 20 000 people in regions) welfare package, people are less willing to take risks. The ecosystem of student entrepreneurship is a project aimed at the development of entrepreneurial education, improvement of the business climate and economic development of 4 regions of the Republic: Qaraqhandy, Aktobe, Kostanay, Pavlodar.

The purpose of the project is to transform the classical regional educational institutions into entrepreneurial ones by developing entrepreneurial skills among students. One of the main actions is to build a natural incubator (entrepreneurial university) that will provide a supportive environment for the students. Here the university community are able to explore, evaluate and exploit ideas that could be transformed into social and economic entrepreneurial initiatives in the region. Many regional universities are involved in partnerships to generate an umbrella for interaction, collaboration and co-operation.

Almaty Management University is the founder of entrepreneurial education in Kazakhstan. AlmaU uses its knowledge and experience to direct and support the management of regional universities in the development of methodology and the introduction of entrepreneurial education and interdisciplinary approach. AlmaU has developed separate strategies and road maps for each educational institution depending on their region since the start of the project in 2017. In addition, about 600 employees around Kazakhstan received training from AlmaU and partners in the fields of new teaching methods, usage of technologies for creating an entrepreneurial community in an educational institution, as well as skills for developing incubation and acceleration programs. Major events are taking place this year for students within the project: 1) Projects’ creation championship – “Project Day” 2) Championship on solving business cases – “Kemel Kasipker” 3) Summer entrepreneurial school – “BigIdeasCamp” 4) Regional entrepreneurial weekends (REW) in Qaraqhandy, Aktobe, Kostanay, Pavlodar 5) Olympic Entrepreneurial Games (OEG) – Meet-Up in Astana. These events will allow students to understand entrepreneurship and innovation through action and practice.

Overall, the initiative of developing entrepreneurial ecosystem for educational institutions in Kazakhstan has covered 7 educational institutions, 547 trained faculty and staff, and 2873 students.

Almaty Management University becomes the first University in CIS Region to enter QS Global MBA Ranking

On September 26th, 2019, the QS World University Rankings: Global MBA Rankings 2020 was announced by Quacquarelli Symonds, one of the world's established rankings in higher education. Almaty Management University’s MBA program ranking results are as follows: the MBA program is ranked #151-200 in Global MBA Rankings out of 240 shortlisted participants and #20 among 25  top full-time MBA programs in Asia. Thus, we became the first university in the Commonwealth of Independent States who entered this ranking. The QS Global MBA Ranking is evaluated based on a total of 13 criteria and 5 key indicators. The programs were ranked on employability, entrepreneurship & alumni outcomes, return on investment, thought leadership, class and faculty diversity. This is absolutely the result of support and belief of our highly respected academic peers, international and business partners.

Almaty Management University will continue to work on enhancing the quality of international education and research in accordance with to the world's highest standards.



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