NARXOZ University

What NARXOZ University does

NARXOZ University is a private non-profit joint-stock company (NJSC) operating as a higher education institution headquartered in Almaty, Kazakhstan. The university traces its origins to 1963, with its modern doctoral-program era beginning around 2005, and serves primarily undergraduate, graduate, and doctoral students through credit-based degree programs in business, social sciences, and related fields. It is structured around a tuition-driven business model in which domestic students pay per-credit fees (35,400 tenge per credit against roughly 62–70 credits per year) while international students access dual-degree pathways priced from €15,000, with the institution generating revenue from a long tail of individual tuition-paying students rather than enterprise contracts.

The university's product portfolio spans BBA programs accredited under AICPA & CIMA, a Sociology program holding FIBAA accreditation, and doctoral programs accredited by NAAR, alongside a dual-degree network spanning 74 partner countries that includes named integrations with Queen's Belfast, Penn State, Mykolas Romeris, Excelia, and Illinois Institute of Technology. The institution holds the BSIS EFMD Label — the first awarded in Central Asia — and ranks in the QS Top 200 globally and #1 in Central Asia for employability. Technology underpins both the academic product (credit-based curriculum management, online learning infrastructure) and selected applied research, including Scopus-indexed work on NLP-based recommendation engines for personality testing and low-resource language processing, plus generative AI and machine learning coursework.

Go-to-market relies on direct student recruitment (including early-admission campaigns targeting international markets), employer-driven placement signals into Big 4 firms and regional tech employers (Dreamex, Wildberries), and accreditation-led credential differentiation. Research output is supported by approximately 131 million tenge in grants, and operational scale sits at 501–1,000 employees serving a student body that produced 1,519 graduates in 2026 and includes roughly 1,000 international students.

Name

NARXOZ University

Legal name

Narxoz University

Website

https://narxoz.edu.kz

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

501–1,000 employees

Short description

NARXOZ University is a private higher education institution in Almaty, Kazakhstan, offering credit-based undergraduate, graduate, and doctoral programs to domestic and international students, with revenue generated primarily through tuition and a dual-degree partner network spanning 74 countries.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Colleges, Universities, and Professional Schools (6113)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Comprehensive Doctoral Research Universities (Multi-Disciplinary) (EDAHABAA)

akta.pro secondary industry

Technology Transfer & Innovation-Driven Research Universities (High Commercialization) (EDAHABAH)

Keywords

• Higher education
• Business school
• Dual degree programs
• Doctoral research
• Executive MBA

Headquarters

HQ city

Almaty

HQ country

Kazakhstan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Tuition Revenue: Revenue from tuition fees for bachelor's, master's, and doctoral programs. Fee structures vary by program and citizenship status. Cost per credit is 35,400 tenge for certain programs, with students completing 62-70 credits per year.
2. Dual Degree Program Fees: Revenue from international dual degree programs including study abroad components at partner universities such as Excelia Group La Rochelle (starting from €15,000)

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

NARXOZ University is a private higher education institution in Almaty, Kazakhstan that delivers credit-based undergraduate, graduate, and doctoral degree programs across four interdisciplinary schools (Economics and Management, Arts and Social Sciences, Digital Technologies, Law and Public Policy) and the Narxoz Business School. It sells tuition-based academic programs, dual degree programs with international partner universities (Queen's Belfast, Mykolas Romeris University, Penn State, Illinois Tech, Excelia Group), and access to Bloomberg/Refinitiv trading laboratories and specialized research software for finance and doctoral research training.

Product overview

NARXOZ University is a higher education institution in Kazakhstan offering a comprehensive portfolio of educational programs through five academic units: School of Economics and Management, School of Arts and Social Sciences, School of Digital Technologies, School of Law and Public Policy, and Narxoz Business School. The university provides undergraduate (Bachelor's), graduate (Master's), and doctoral (PhD) programs across business, humanities, technology, and law disciplines. The institution distinguishes itself through dual degree partnerships with international universities including Queen's University Belfast, Mykolas Romeris University (Lithuania), Penn State University, Illinois Institute of Technology, and Excelia Group (France). Programs are delivered in Kazakh, Russian, and English, with accreditation from bodies including FIBAA, EFMD, ACCA, CIMA, and QS rankings recognition.

Differentiator

Problem solved

Functional benefit

Brands

• Narxoz Business School: Business school division of Narxoz University offering MBA and executive education programs
• Narxoz Shop

Products and services

• School of Economics and Management (BBA Programs) The School of Economics and Management offers BBA programs in Finance, Accounting and Audit, Marketing, Management, Business Economics, and HR and Business Planning. Features include Bloomberg and Refinitiv laboratories, 95% employment rate, and international accreditations (BSIS EFMD label, AICPA & CIMA, FIBAA). Targets prospective undergraduate and graduate students pursuing business education.
• School of Arts and Social Sciences School offering programs in Tourism and Hospitality, Sociology (FIBAA-accredited for five years from June 2025), Ecology, Social Work, Environment and Sustainable Development, and Psychological Counseling. Features a double degree program with Excelia Group (France).
• School of Digital Technologies School offering programs in Statistics and Data Science, Cybersecurity, Digital Engineering, Applied Mathematics in Digital Economy, and Digital Management and Design. Features the double degree program with Illinois Institute of Technology (USA) and ML/AI curriculum.
• School of Law and Public Policy School offering programs in Jurisprudence, International Law, Customs Business Support, International Relations, Public Administration, International Law and Security, and Political Mass Communications. Features a double degree with Mykolas Romeris University (Lithuania).
• Narxoz Business School Business school offering executive education and MBA programs (including the Global MBA, recognized as the leading master's program in Central Asia by QS World University Rankings). Operates as a separate unit with its own website at nbs.narxoz.kz.
• Bachelor's Degree Programs Undergraduate programs across all four schools covering business, humanities, digital technologies, and law. More than 25 undergraduate programs available, with over 55 study programs in total across all schools.
• Master's Degree Programs Graduate-level programs including Business Economics, Management, Corporate Governance, Master of Applied Finance, Marketing, HR Management, Data Engineering, Cybersecurity, Law programs, and more. Professional focus with research methodology training and career advancement orientation.
• PhD / Doctoral Programs 3-year full-time English-medium doctoral programs in Public Administration, Accounting/Audit/Taxation, Strategic HRM, Marketing, Management, Finance, and Economics. NAAR-accredited for Finance, Public Administration, Economics, and Management; supported by specialized research software (STATA, GRETL, R, NVivo, Smart PLS). NARXOZ was one of the first institutions in Kazakhstan to begin training PhD students, starting in 2005.
• Queen's University Belfast Dual Degree Program Dual degree program in Management, Finance, and Business Economics leading to two bachelor's degrees simultaneously from NARXOZ University and Queen's University Belfast (UK), which is ranked among the top 200 by Times Higher Education, top 170 in QS Graduate Employability Rankings, and is a Russell Group member.
• Mykolas Romeris University Dual Degree Program Dual degree program in Law and Global Security and European and International Business Law with MRU in Lithuania, which ranks among the top 250 law schools globally (QS by Subject) and is a member of the European Reform University Alliance (ERUA).
• Penn State University Dual Degree Program Dual degree program with Penn State University, ranked 83rd in QS World University Rankings, with 5 stars for education quality and ranked among the top 10% of world universities for graduate employability.
• Illinois Institute of Technology Dual Degree Program Dual degree in Computer Engineering and Digital Technologies with Illinois Institute of Technology in Chicago (ranked 1st in Illinois and 12th among 436 U.S. universities for graduate starting salaries per U.S. News). Students gain hands-on experience through the Elevate program with internships and research opportunities; winners of the Narxoz Math & Competitive Programming Open are eligible for a 6,000,000 tenge per year scholarship. Officially launched in April 2025.
• Excelia Group La Rochelle Dual Degree Program Dual degree in Tourism and Hospitality and Restaurant and Hotel Business with Excelia Group in France (Triple Crown accreditation: AACSB, EQUIS, AMBA; TedQual accreditation from UNWTO). Program format 2+1+1 (2 years at NARXOZ, 1 year in France, 1 year at NARXOZ). International study component starts from €15,000 per year, plus mandatory CVEC fee (€91) and living costs of €300-1,200/month.

Quantifiable outcome

• 62% of students receive job offers before graduation
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature2 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Queen's University BelfastcoreStrategic or Co-development PartnerDual degree program allowing students to earn bachelor's degrees in Management, Finance, and Business Economics from both Kazakhstan and UK. Queen's University Belfast is ranked among top 200 by Times Higher Education and top 170 in QS Graduate Employability Rankings. Member of Russell Group. Located in Belfast, Northern Ireland.
• Mykolas Romeris UniversitycoreStrategic or Co-development PartnerDual degree program in Law and Global Security, European and International Business Law. MRU ranks among top 250 law schools globally (QS by Subject) and is the only university in Lithuania represented in UN Sustainable Development Goal 16. Member of European Reform University Alliance (ERUA).
• Penn State UniversitycoreStrategic or Co-development PartnerDual degree program. Penn State ranks 83rd in QS World University Rankings and has 5 stars for education quality. Among top 10% of world universities for graduate employability.
• Excelia Group La RochellecoreStrategic or Co-development PartnerDual degree program in Tourism and Hospitality and Restaurant and Hotel Business. Excelia Group holds Triple Crown accreditation (AACSB, EQUIS, AMBA). TedQual accreditation from UNWTO. Program format: 2+1+1 (2 years Narxoz, 1 year France, 1 year Narxoz).
• Illinois Institute of TechnologycoreStrategic or Co-development PartnerDual degree program in IT specializations: Computer Engineering and Digital Technologies. Illinois Tech is ranked 1st in Illinois and 12th among 436 US universities for graduate starting salaries (U.S. News). Offers Elevate program for internships and research.
• Economic Investigation Department for Almaty City of the Financial Monitoring AgencyminorStrategic or Co-development PartnerPartner organization of School of Law and Public Policy for practical training and internship opportunities.
• Almaty City CourtminorStrategic or Co-development PartnerPartner organization of School of Law and Public Policy for legal education and student placement.
• Almaty Regional Bar AssociationminorStrategic or Co-development PartnerPartnership for professional development and legal career pathways for law students.
• Kazakhstan Institute for Strategic Studies under the PresidentminorStrategic or Co-development PartnerResearch and academic collaboration partner for policy studies and public administration programs.
• Istanbul UniversityminorStrategic or Co-development PartnerInternational academic partnership for law and public policy education exchange.
• Central Asian Institute for Development Studies (CAIDS)minorStrategic or Co-development PartnerBusiness Council member providing development studies expertise for SEM strategy.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Nazarbayev University: Nazarbayev University is the flagship research university in Kazakhstan with graduate schools in business and law; a publicly-funded elite competitor that competes with NARXOZ for top faculty and high-achieving students.
• al-Farabi Kazakh National University: al-Farabi KazNU is the largest comprehensive university in Kazakhstan with broad STEM, law, and business faculties; competes for the broader Kazakh student pool and offers lower-cost state-funded alternatives.

Emerging players

• Hult International Business School: Hult is a global private business school offering undergraduate and MBA programs with strong international rotation; competes with NARXOZ for fee-paying Central Asian students seeking English-medium international business degrees abroad.
• International University of Applied Sciences (IU): IU International is a German online-first private university offering business, IT, and engineering programs in English at lower cost; an emerging competitor that targets similar Central Asian students seeking English-medium business degrees.
• SP Jain School of Global Management: SP Jain is an international business school with multi-city model (Dubai, Singapore, Mumbai, Sydney) offering English-medium business and tech programs; an emerging competitor for Central Asian students seeking global business education.

Direct peers

• International Information Technology University (IITU): IITU is a Kazakh private university specializing in IT, digital technologies, and business informatics with English-medium instruction; overlaps with NARXOZ's School of Digital Technologies offerings.
• Almaty Management University (AlmaU): AlmaU is another leading Kazakh private university focused on business, management, and economics. It competes with NARXOZ for fee-paying students in Almaty and offers similar international partnership programs.
• Kazakh-British Technical University: KBTU is a Kazakh private university offering business, IT, and engineering programs with English instruction and international partnerships; competes with NARXOZ for technically-oriented and business-oriented students.
• Suleyman Demirel University Kazakhstan: Suleyman Demirel University is a private Kazakh university with strong emphasis on business and IT programs and English-medium instruction, directly competing for the same student demographic as NARXOZ in Almaty.
• KIMEP University: KIMEP University is a Kazakhstan-based private university offering English-medium business, economics, law, and social sciences programs; the closest direct competitor to NARXOZ in the Kazakh private higher-education market with similar international accreditation focus.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/narxozkz
• LinkedInlinkedin.com/company/narxoz-university

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NARXOZ University