Welcome to Applied Economics Research Centre! Centre is included in the TOP-10 ranking RAEX Kazakhstan's largest consulting companies. We provide strategic and economic research, rationing of resources, improvement of business processes, business valuation, actuarial research.
Рус Eng info@cipe.kz +7 (7172) 97-20-36

AERC provides Financial consulting services including:

- Budgeting and Management Accounting
- Analysis the production performance and financial efficiency
- Valuation the assets and businesses
- Design the business plans, financial feasibility studies, feasibility studies etc.

AERC provides cost norms consulting services including:

Design the time norms
Design the employees number norms
Design the output per worker norms
Design the service per employee norms
Design the all types of production costs norms
Design the all types of non-production costs norms
Resource valuation

AERC provides labor compensation consulting services including:

Design the labor compensation system for production staff
Design the estimated pricing and salaries calculation
Design the labor compensation system for administrative personnel
Design the labor compensation system for natural monopolies and dominants
Design the motivation and stimulation system
Design the KPIs for all management levels
Design the qualification handbook of specialties and positions
Labor compensation

AERC provides business process improvement consulting services including:

Design the business process maps and business process cost
Development and introduction the separate accounting for goods, services, works
Design the process approach for management (ABC, ABB, ABM)
Improving business processes

AERC provides actuarial services including:

Advice and guidance on the methods and sources for insurance reserves formation
Issues related to financial stability assessment and to solvency of the insurance (reinsurance)
Design the methodology for insurance rates
Research and systematization of the insurance risks
Evaluation the insurance specific conditions for insurance (reinsurance) company in its insurance policies
Identification the loans size granted to policyholders under accumulation insurance
Actuarial research

AERC provides Strategic consulting services including:

- Development the laws draft for all sectors of economy
- Development the strategic documents at national level, industry, region
- Development the strategic documents for businesses
- Analytical researches on topical issues
- Assessment the public sector and various bodies
- Design the economic platforms of political parties



Zhaxybek Kulekeyev

Scientific director,

candidate of economic sciences, professor.

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Altay Zeinelgabdin

doctor of economic sciences, professor.

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Serikzhan Bereshev

doctor of economic sciences, professor.

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Meiram Kazhyken

doctor of economic sciences.

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Sholpan Essimova

doctor of economic sciences, assistant professor.

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Galiya Sultanbekova

candidate of economic sciences, assistant professor, certified appraiser.

Бордоусов О.В.

Oleg Bordoussov

candidate of economic sciences.

Альжанова С.З.

Svetlana Alzhanova

candidate of economic sciences.

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Turekhanova Botagoz

Sociological studies

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Svetlana Ponomarchuk


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Zhanybek Aigazin

candidate of economic sciences


  • Tuleuov Olzhas - Deputy director
  • Kolvakh Marina - chief accountant, DipIA, CAP, finance issues
  • Ismurzina Galiya - consultant, strategy issues, macroeconomics, statistics
  • Tileubergen Danara - сonsultant, candidate of economic sciences, MSc, strategy, macroeconomics 
  • Koszhanov Turekhan - сonsultant, candidate of economic sciences, macroeconomics
  • Urazaliyeva Aida - сonsultant, MA, competitiveness issues, global value chains
  • Omirzhanov Asset - сonsultant, MA, social politics, industrial politics