The richest and one of the most influential Kazakh entrepreneurs Bulat Utemuratov is the son of ordinary parents. Born in an ordinary family and graduating from an ordinary school, he began to study economics in the famous and prestigious Almaty Institute of National Economy in Kazakhstan. After successfully earning a degree, he even taught at this institute. And it is quite natural that this educational institution with rich history and traditions left an indelible impression in his soul and influenced the formation of his character. It became not only a professional, but also a spiritual basis of his life.
It was almost 40 years ago. And although today this university has changed a lot and has a completely different name, a little bit unusual as for the Kazakh’s ear – the University of Narkhoz, Bulat Utemuratov still feels a connection with his alma mater and he is its biggest sponsor and charity provider. Over the past decade, the entrepreneur spent more than $50 million of his own funds and attracted investments from many of his colleagues and business partners, as well as donations from successful graduates of the university.
Today, the corruption component at the University has been completely eradicated, and the post of rector is occupied by the famous Polish scientist-economist Krzysztof Rybinsky, and the trustee council is headed by Robert Blackwill, the respected Harvard professor and adviser to several US presidents.
Lecturers and researchers of the university have the opportunity to improve their qualifications in the best universities of the world and exchange the latest developments in specialized fields of knowledge. Bulat Utemuratov allocates $300 thousand to make this possible. And the business structures controlled by him have established a total of 105 exceptional awards of study grants for gifted students from low-income families.
The innovative material and technical base, the growth of the quality of education, new academic buildings and dormitories, a stadium, a swimming pool and funding of student business projects – this is the contribution of Bulat Utemuratov to the university. Plus, the establishment of a special foundation for teachers and students of the university. Businessmen promised to respond with a similar contribution for every tenge invested in it by any participant.
The Narkhoz has all the grounds and opportunities to realize the dream of Bulat Utemuratov – becoming the most innovative and respected university not only in the education system of Kazakhstan, but also throughout Central Asia.