Caspian University of Technology and Engineering named after Academician Sh. Yessenov is a multidisciplinary university of the Mangystau region with a 45-year history. It has built its own place and traditions in the national education system and become the region’s centre of higher education, science and culture. One of its largest divisions is the Faculty of Business and Tourism.
The Atomic Energy Faculty was founded, and within it the Department of Economics, Production Management and Organisation began its work. Dean of the faculty — Professor N.R. Sadykov; head of the department — Candidate of Economic Sciences, Associate Professor G.M. Osipova. The first teaching staff included G. Osipova, N. Akhmetov, A. Glushkov, G. Davletova, G. Zholdasbayeva, A. Akkaisiyeva, K. Sakhanova, L. Yurina and others.
The faculty was reorganised into the Engineering and Technical Faculty, and the economics departments were divided into Production Organisation and Management and Economics and Management.
The merger of the Department of Economics and Management with the Aktau branch of the Kazakh Academic University created the Faculty of Economics and Law, with departments of Economics, Management and Jurisprudence. Its first dean was G.U. Zholdasbayeva.
The faculty operated as the Institute of Economics and Law and opened several new programmes. Departments expanded, and Finance, Accounting and Audit, and International Relations became separate areas.
After restructuring, the faculty continued as the Faculty of Economics and Law.
The faculty was renamed the Faculty of Business and Law.
As part of improving the university’s academic structure and updating its fields of study, the faculty was reorganised into today’s Faculty of Business and Tourism.
Today the faculty trains competitive specialists in economics, management, finance, tourism, entrepreneurship and public administration at bachelor’s, master’s and doctoral levels. Its programmes are regularly updated to meet labour market needs and enriched with practice-oriented and competence-based approaches.