Master of Arts in Economics
"Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses"
- Lionel Robbins
The Master of Arts in Economics (MAE) is a program preparing students for both a professional career as an economist and for admission in a top PhD program. Graduate education in Economics aims at the development of analytical, methodological, and applied skills that are essential for both a professional and an academic economist.
- Application and Critical Evaluation of Economic ModelsDeploy wide array of economic models, evaluate their applicability and shortcomings1
- Econometric Analysis Using Statistical SoftwareConduct econometric analyses using statistical software packages2
- Critical Review of Economic Research LiteratureReview and critically assess a selection of the existing body of research in economics3
- Research Writing and Publication in EconomicsWrite high quality, article-length manuscripts of publishable quality in the field of economics with the assistance of their advisors4
- Core coursesMicroeconomics I
Macroeconomics I
Statistics
Mathematical Economics
Microeconomics II
Macroeconomics II
Econometrics
Applied Econometrics
Research Methodology - ThesisMaster Thesis
- Electives3 elective courses
- PhD StudiesPostgraduate studies in world-class universities globally
- IndustryBanking, accountancy, business and financial consultancy, insurance, actuarial science, data analysis
the public sector, international organizations, and non-profit organizations - PositionsEconomist
Data Analyst
Financial Analyst
Policy Analyst
Consultant
Actuary
Got Interested? Check Useful Information Below
- A minimum CGPA of 2.5 out of 4.0 (or equivalent).
- Final year students may submit the official transcript showing current courses during the application period for consideration.
2. High level of English proficiency.
- Academic IELTS – overall 6.0 (writing 6.0, reading 5.5, listening 5.5, speaking 5.5) or the equivalent TOEFL (except Home edition) score as posted on the ETS website;
- Applicants, at the discretion of the Admissions Committee, may be exempted from submitting the language proficiency test report if:
- One of their earlier academic degrees was earned in a country where English is the language of official communication, academic instruction, and daily life;
- An undergraduate and/or graduate degree was earned in a program officially taught in English.
3. Strong reading, analytical, and mathematical skills as demonstrated by GRE test (optional).
- Although an official GRE score is not an essential requirement, an applicant can enhance their application with a competitive GRE score.
- An undergraduate degree (bachelor’s degree or equivalent). During the application period, final year students may submit the official current transcript for consideration.
- A minimum CGPA of 2.5 out of 4.0 (or equivalent).
- High level of English proficiency. The absolute minimum requirement for English language proficiency test reports for admission to the program is:
- 1. Academic IELTS – overall 6.0 (writing 6.0, reading 5.5, listening 5.5, speaking 5.5) or the equivalent TOEFL (except the home edition) score as posted on the ETS website;
- 2. Applicants, at the discretion of the Admissions Committee, can be exempted from submitting the language proficiency test report if:
– an undergraduate and/or graduate degree was earned in a program which was officially taught in English.
- Strong reading, analytical, and mathematical skills as demonstrated by the GRE test (optional). Although an official GRE score is not an essential requirement, an applicant can enhance her/his application with a competitive GRE score.
For all types of grants:
- Citizens of Kazakhstan: available until January 23, 2025, 2:00 P.M. (Astana time).
- International applicants: available until March 3, 2025, 2:00 P.M. (Astana time).
- Citizens of Kazakhstan: available until June 25, 2025, 2:00 P.M. (Astana time).
- International applicants from countries requiring a visa prior to arrival: available until March 27, 2025, 2:00 P.M. (Astana time).
- International applicants from countries eligible for visa issuance upon arrival: available until June 25, 2025, 2:00 P.M. (Astana time).
For all types of grants:
- Citizens of Kazakhstan: February 3, 2025
- International applicants: March 4, 2025
- Citizens of Kazakhstan: July 4, 2025
- Applicants from countries requiring a visa prior to arrival: March 31, 2025
- Applicants from countries eligible for visa issuance upon arrival: June 26, 2025
First day of classes: August 2025
Master of Arts in Economics |
National ID (for the citizens of the Republic of Kazakhstan) and passport (for international applicants) |
Official document confirming name change (if applicable) |
Bachelor’s (or equivalent) degree diploma with transcript; During the application period final year students may upload an official current transcript for consideration |
An official electronic IELTS/TOEFL certificate (valid at the time of document submission) sent to the University through IELTS/TOEFL VERIFICATION SERVICES. Code for IELTS: NU. Code for TOEFL: 6762 |
Document confirming English as the language of instruction (only for applicants who earned their degree in a program which was taught in English and request an exemption from submitting IELTS or TOEFL). Applicants should provide a detailed certificate/reference from the university indicating the number and list of subjects completed in English |
Curriculum vitae (up to 1 page) |
GRE certificate valid as of the date of online documents submission (if applicable) |
The tuition fee for Master’s Degree Programs is $16,000 (8 176 000 KZT) per one academic year for both local and international students.
All fees apply for the 2024/2025 academic year.
To learn more about tuition fees please contact bursars_office@nu.edu.kz.
There are merit-based "Abay Kunanbayev" scholarships for top international applicants recommended for admission.
To learn more about financial aid and scholarship requirements, please visit nu.edu.kz
- Check the admissions requirements
- Click Apply Now to go to the University's Admissions portal
- Create an account and choose your desired Academic level and program
- Complete the application form and attach required documents
- Pay an application fee and Finish the application process
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