Finance

Bachelor’s Degree Program: 6B04103 – Finance
Eurasian Technological University (Republic of Kazakhstan)

The Bachelor’s educational program 6B04103 – Finance is an officially registered and currently acting educational program aimed at training highly qualified specialists for the financial sector and the real economy. The program is registered in the national Registry of Educational Programs under registration number 6B04100103, initially registered on 23 July 2019, with the latest update of the educational passport completed on 6 May 2025. The program is delivered by Eurasian Technological University and complies with national regulatory and qualification requirements.

General Characteristics and Qualification Framework

The program belongs to the field of education 6B04 – Business, Management and Law, within the direction of personnel training 6B041 – Business and Management, and is part of the educational program group B046 – Finance, Economics, Banking and Insurance. Upon successful completion, graduates are awarded the academic degree of Bachelor.

The program corresponds to Level 6 of the National Qualifications Framework (NQF) and Level 6 of the Sectoral Qualifications Framework (SQF), confirming that graduates possess advanced theoretical knowledge, professional competencies, analytical skills, and practical abilities required for independent professional activity in finance-related fields.

The total academic workload is 240 ECTS credits, which meets national standards for undergraduate education. The standard period of study varies between 2, 3, or 4 years, depending on the student’s prior education and individual learning trajectory. The program is delivered in an online format, ensuring accessibility and flexibility while maintaining academic rigor. Instruction is conducted in Russian and Kazakh.

Purpose and Professional Orientation

The primary purpose of the educational program is to prepare competitive, socially responsible, and professionally mobile finance specialists capable of synthesizing theoretical knowledge with practical skills. Graduates are trained to work effectively in financial institutions, banks, insurance companies, investment firms, FinTech organizations, and enterprises of the real sector of the economy.

The program is developed in alignment with the Professional Standard “Financial Management” (approved on 26 December 2019) and incorporates professional and career standards during curriculum design. This ensures that learning outcomes are directly linked to labor market needs and employer expectations.

Educational Outcomes and Competencies

The program defines 12 measurable educational outcomes (ON1–ON12), covering economic analysis, financial planning, risk management, investment evaluation, corporate governance, digital analytics, and ethical responsibility. Graduates are able to:

• Apply economic and financial knowledge to manage company finances and ensure regulatory compliance (ON1);
• Use econometric and statistical methods to analyze financial data and assess risks (ON2);
• Develop financial strategies and participate in research and optimization projects (ON3);
• Build financial models, evaluate investments, and manage assets effectively (ON4, ON9);
• Maintain financial accounting, reporting, and taxation compliance (ON5);
• Analyze financial markets, securities, and exchange operations (ON6);
• Work effectively in corporate governance environments while adhering to legal, ethical, and inclusive principles (ON7);
• Apply financial risk management techniques and internal control mechanisms (ON8);
• Use management, marketing, and analytical tools, including artificial intelligence, to enhance business efficiency (ON10, ON11);
• Integrate economic, legal, environmental, and social responsibility considerations into financial decision-making (ON12).

Curriculum Structure and Content

The curriculum is structured into General Education Disciplines (GED), Basic Disciplines (BD), and Profile Disciplines (PD), with both University Components (UC) and Elective Components (EC).

• General Education Disciplines (15 credits) include:
• Fundamentals of Economics and Financial Literacy (5 credits), emphasizing market mechanisms, personal finance, and sustainable economic development;
• Ecology and Life Safety (5 credits);
• Fundamentals of Law and Anti-Corruption Culture (5 credits);
• Methods of Scientific Research (5 credits).
• Basic Disciplines form the core of financial and economic training and account for a significant portion of the program. Key courses include:
• Introduction to Finance (5 credits),
• Micro- and Macroeconomics (5 credits),
• Financial Accounting (5 credits),
• Financial Markets and Institutions (5 credits),
• Banking, Taxes and Taxation, Stock Market (KASE), and Business Statistics (each 5 credits),
• Digital-oriented courses such as Artificial Intelligence (3 credits) and BIA Systems and Business Analytics (5 credits).
• Profile Disciplines focus on advanced professional competencies and practical application:
• Corporate Finance, Financial Management, Financial Modeling, Financial Risk Management, and Investment Project Analysis (each 5 credits);
• Specialized courses such as FinTech Market, Financial Engineering, Insurance Business, Islamic Banking (4 credits), and Islamic Finance (4 credits);
• Governance and control disciplines including Audit of Financial Operations and Internal and External Audit of Financial Companies (each 5 credits).

In addition, students select four elective disciplines (20 credits) from a minor catalog, allowing for individual specialization and interdisciplinary development.

Relevance, Innovation, and Career Prospects

The program reflects modern trends in finance, including digitalization, FinTech development, data analytics, artificial intelligence, sustainable finance, and risk management. The inclusion of AI-driven analytics and business intelligence tools prepares graduates for emerging roles such as financial analyst, risk manager, investment specialist, banking officer, insurance analyst, and data-driven finance professional.

Graduates are also equipped with transferable skills in communication, project management, inclusion, and career design, enhancing employability and adaptability in a rapidly changing global financial environment.

Conclusion

The Bachelor’s program 6B04103 – Finance is a comprehensive, practice-oriented, and future-focused educational program with a 240-credit structure, strong alignment with professional standards, and a balanced combination of theoretical knowledge, analytical tools, and applied financial competencies. It ensures that graduates are well-prepared to meet the challenges of the modern financial sector and contribute effectively to economic development at both national and international levels.