CGMA emerging leaders competition is an international competition for future leaders in business and management. The competition is held by CIMA among the leading universities of mainland Europe and Eurasia.

32 students of the Higher School of Economics have been selected as participants of the CGMA Emerging Leaders Competition. They will demonstrate the ability to analyze and organize complex information, manage risks, and take responsibility for decision-making.

Higher educational institutions from Poland, Slovakia, Romania, Czech Republic, Bulgaria, Kazakhstan, Azerbaijan, Russia, Ukraine, and Georgia will take part in the competition, which will be held this year.

The competition consists of three stages with the final round in Warsaw, Poland.

Team Coordinator Bakhytgul Turlubaeva and Academic Mentor Zhanar Aldambergenova, lecturers at the Higher School of Economics at KAZGUU named after M. Narikbaev, will guide teams during this challenge.

DATE OF THE COMPETITION:

1st Round (selection within the home university, online) – September 1-11. One team will be selected for a Quiz competition.
QUIZ competition (international online selection) – September 18
2nd Round (international online selection) – early October
3rd Round – October-November, Warsaw

You can find out more about the competition on the website: https://www.cimaglobal.com/Our-locations/central-eastern-europe/CGMA_Emerging_Leaders_Competition/

About CIMA: The Chartered Institute of Management Accountants® (CIMA), founded in 1919, is the world’s leading and largest professional body of management accountants.
CIMA helps individuals and businesses to succeed by harnessing the full power of management accounting – not just accounting for the balance sheet, but accounting for a business.
Together with the American Institute of Certified Public Accountants (AICPA), we established the Chartered Global Management Accountant (CGMA) designation in 2012 to provide members with a new level of resources and recognition.

M. Narikbayev KAZGUU University presented the Draft Concept of the new Civil Code of the Republic of Kazakhstan. The draft concept was presented at a meeting with the Vice Minister of Justice of the Republic of Kazakhstan Pan Nataliya Vissarionovna.
In September 2019, a Research Center on Private Law was specifically created to design the draft concept in KAZGUU from among academics of all generations, who worked intensively on the project during the year.
Members of the working group noted that the new civil code is a necessity, determined by time in light of the fourth industrial revolution. Current civil law does not meet current trends in the development of the market, society, digitalization, virtualization.
The current Civil Code is the two Laws adopted in 1994 and 1999 based on the Model Civil Code for the CIS countries during the transition of these countries to a market economy.
’It must be understood that the current Civil Code was adopted at the initial stage of the existence of the young independent Republic, for which market relations were a relatively new ‘phenomenon’. There was no opportunity to analyze the practice of most institutions. Subsequent numerous amendments could not adequately ensure the stability of civil-law transactions. In fact, the legislation today is significantly ‘lagging behind’ rapidly developing new institutions and relations regulated by it’,-noted Pen Sergey, Provost of KAZGUU.
According to lawyers, the new code will solve the existing problems of law enforcement practice.
The concept of the new Civil Code draft was designed taking into account the development of information technology aimed to adapt legislation to the needs of the modern market, ensuring the stability of civil-law transactions and protecting the interests of bona fide participants in civil circulation.
The draft’s authors took into account the best foreign experience and offer a model for the implementation of some institutions of German and English law with their adaptation to the conditions of Kazakhstani reality.
Special attention is paid to strengthening the basic principles of civil law. Many provisions are included to protect the property interests of the weaker parties and minors.
As a result, innovations addressed all institutions: transactions, bindings, contracts, the law of property, death estate, conflict-of-laws rules, etc.

In accordance with the Sputnik news agency, Talgat Narikbayev, Head of the Adal Bilim Anti-Corruption Project Office of the Ministry of Education and Science of Kazakhstan, Chairman of the Board of KAZGUU University proposed to introduce university responsibility in Kazakhstan for low-quality training of specialists.
According to him, there is now a need in Kazakhstan to revise the procedure for grant financing. In particular, according to the practice of pedagogical and medical universities, there is a need to bind by a commitment those graduates who have studied at the expense of the state to work out in the region where there is a shortage of specialists, including in villages and towns.
‘When analyzing, we have found that state national universities also have a tendency not to have a competition as such. Students get ‘A’s and ‘B’s, very rarely get ‘C’s, and don’t get ‘F’s at all. The majority of students finish their studies. 100 people come in the first year, 90-95 people graduate. These 5-10 people are people who left voluntarily. As a result, the state receives a lot of graduates with poor preparation, and we get a lot of graduates with high self-esteem, graduates who do not go to work as employers don’t accept them because of poor preparation,’ – said the University’s Rector.
As a solution to the problem, Talgat Narikbayev proposed to refer to the responsibility of universities for the quality of specialists, up to and including the return of public money to the state.
A proposal on the responsibility of universities is now under consideration by the Ministry of Education.

On May 21, 2020, a Memorandum of Cooperation has been signed between M. Narikbayev KAZGUU University and the Administration of the Constitutional Council.
The Memorandum aims to develop cooperation in the field of training highly qualified legal personnel, creating an employee pool, sharing experience, including through organizing guest lectures, workshops, training, and other forms of interaction.
Besides, it is planned to implement programs to increase the level of legal culture of citizens and implement constitutional values.
While commending the value of the upcoming cooperation, Pen S.G., Provost of M. Narikbayev KAZGUU University, expressed his confidence that joint efforts will contribute to a high-quality level of professional training of KAZGUU students’ practical skills: ‘KAZGUU University and the Constitutional Council of the Republic of Kazakhstan closely cooperate. We have common legal traditions, our faculty includes many members of the Constitutional Council. We very often respond to requests to provide expert opinion and our lawyers’ points of view for constitutional procedures. Moreover, the Constitutional Council is very actively involved in legal education, conducts and initiates contests to promote knowledge of constitutional values and other legislative provisions of our country.’
B. Nurmukhanov, Head of the Administration of the Constitutional Council of the Republic of Kazakhstan, said: ‘This Memorandum will bring our cooperation to a whole new level. This year we celebrate the 25th anniversary of the Constitution of the Republic of Kazakhstan. The memorandum involves the deepening of our cooperation in training legal personnel, in the field of propaganda of constitutional values, increasing the level of legal culture of the younger generation and citizens. I think specific projects will be developed within the framework of the Memorandum. I think that in the future students of KAZGUU University may count on employment in the Constitutional Council. In addition, we will attract them to participate in constitutional procedures, in meetings of the Constitutional Council to reinforce their theoretical knowledge in practice. The Constitution is the principal law of the state. The duty of everyone is to know and respect it.’