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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="ru"><front><journal-meta><journal-id journal-id-type="publisher-id">asu</journal-id><journal-title-group><journal-title xml:lang="ru">Вестник Атырауского университета имени Халела Досмухамедова</journal-title><trans-title-group xml:lang="en"><trans-title>Bulletin of the Khalel Dosmukhamedov Atyrau University</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2077-0197</issn><issn pub-type="epub">2790-332X</issn><publisher><publisher-name>Атырауский университет имени Халела Досмухамедова</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.47649/vau.26.v81.i2.22</article-id><article-id custom-type="elpub" pub-id-type="custom">asu-2871</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>ЭКОНОМИКА</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="en"><subject>ECONOMICS</subject></subj-group></article-categories><title-group><article-title>ЭКОНОМИЧЕСКАЯ УСТОЙЧИВОСТЬ УНИВЕРСИТЕТА КАК ИНСТРУМЕНТ СТРАТЕГИЧЕСКОГО УПРАВЛЕНИЯ: МОДЕЛЬ И РЕЗУЛЬТАТЫ АПРОБАЦИИ</article-title><trans-title-group xml:lang="en"><trans-title>UNIVERSITY ECONOMIC SUSTAINABILITY AS A STRATEGIC MANAGEMENT TOOL: A MODEL AND RESULTS OF ITS VALIDATION</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-6058-0305</contrib-id><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Естекова</surname><given-names>Г. Б.</given-names></name><name name-style="western" xml:lang="en"><surname>Yestekova</surname><given-names>G.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Гульзира Естекова - кандидат экономических наук, PhD, доцент Высшей школы бизнеса,</p><p>г. Алматы</p></bio><bio xml:lang="en"><p>Gulzira Yestekova - candidate of Economic Sciences, PhD, Associate Professor of Graduate School of Business,</p><p>Almaty</p></bio><email xlink:type="simple">g.yestekova@almau.edu.kz</email><xref ref-type="aff" rid="aff-1"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0003-0600-0143</contrib-id><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Елибаева</surname><given-names>А. Е.</given-names></name><name name-style="western" xml:lang="en"><surname>Yelibayeva</surname><given-names>A.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Айгерим Елибаева - PhD, директор института лидерства,</p><p>г. Алматы</p></bio><bio xml:lang="en"><p>Aigerim Yelibayeva - PhD, Director of the Institute of Leadership, </p><p>Almaty</p></bio><email xlink:type="simple">a.yelibayeva@almau.edu.kz</email><xref ref-type="aff" rid="aff-1"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0009-0007-0006-8530</contrib-id><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Ауезханұлы</surname><given-names>А.</given-names></name><name name-style="western" xml:lang="en"><surname>Auyezkhanuly</surname><given-names>A.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Азамат Ауезханұлы – докторант, старший преподаватель Школы гостеприимства и туризма, </p><p>г. Алматы</p></bio><bio xml:lang="en"><p>Azamat Auyezkhanuly - doctoral student, Senior lecturer of Hospitality and Tourism School, </p><p>Almaty</p></bio><email xlink:type="simple">a.auyezkhanuly@almau.edu.kz</email><xref ref-type="aff" rid="aff-1"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="ru"><institution>Алматы менеджмент университет</institution><country>Казахстан</country></aff><aff xml:lang="en"><institution>Almaty Management University</institution><country>Kazakhstan</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2026</year></pub-date><pub-date pub-type="epub"><day>02</day><month>10</month><year>2026</year></pub-date><volume>81</volume><issue>2</issue><fpage>278</fpage><lpage>291</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Естекова Г.Б., Елибаева А.Е., Ауезханұлы А., 2026</copyright-statement><copyright-year>2026</copyright-year><copyright-holder xml:lang="ru">Естекова Г.Б., Елибаева А.Е., Ауезханұлы А.</copyright-holder><copyright-holder xml:lang="en">Yestekova G., Yelibayeva A., Auyezkhanuly A.</copyright-holder><license xml:lang="ru" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>Данная работа распространяется под лицензией Creative Commons Attribution 4.0.</license-p></license><license xml:lang="en" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://asu.ejournal.kz/jour/article/view/2871">https://asu.ejournal.kz/jour/article/view/2871</self-uri><abstract><p>В условиях усиления конкуренции на рынке образовательных услуг, цифровой трансформации и возрастающих требований со стороны стейкхолдеров обеспечение экономической устойчивости становится одним из ключевых факторов долгосрочного развития университетов. В этой связи особую актуальность приобретает поиск механизмов интеграции показателей устойчивости в систему стратегического управления образовательной организацией. Целью исследования является обоснование подходов к интеграции показателей экономической устойчивости в систему стратегического управления университетом и разработка модели их использования при принятии управленческих решений. Методологическую основу исследования составили системный, структурно-функциональный и сравнительный анализ, анализ динамики показателей деятельности университета, а также метод моделирования. Информационной базой исследования послужили стратегические, аналитические и финансовые документы AlmaU за 2022–2025 годы, включая стратегию развития университета, отчеты по устойчивому развитию и данные финансовой отчетности. В результате исследования определены ключевые компоненты экономической устойчивости университета, включающие финансовую, академическую, исследовательскую, международную и ESG-устойчивость. Проведен анализ динамики стратегических и финансовых показателей AlmaU, выявлены факторы, оказывающие наибольшее влияние на долгосрочное развитие университета. Разработана авторская модель интеграции показателей экономической устойчивости в систему стратегического управления университетом, предусматривающая использование механизмов мониторинга, оценки рисков и корректировки стратегических решений. Научная новизна исследования заключается в обосновании экономической устойчивости не только как результата деятельности университета, но и как инструмента стратегического управления. Практическая значимость исследования заключается в возможности использования предложенной модели при разработке, реализации и корректировке стратегий развития образовательных организаций с учетом показателей экономической устойчивости.</p></abstract><trans-abstract xml:lang="en"><p>In the context of increasing competition in the educational services market, accelerating digital transformation, and growing stakeholder expectations, ensuring economic sustainability has become one of the key factors in the longterm development of universities. Consequently, the search for mechanisms to integrate sustainability indicators into the strategic management system of higher education institutions has become particularly relevant. The purpose of this study is to substantiate approaches to integrating economic sustainability indicators into the university strategic management system and to develop a model for their application in managerial decision-making processes. The study employed of the study is based on systemic, structural-functional, and comparative analysis, analysis of the dynamics of university performance indicators, and modelling methods. The empirical basis of the research includes AlmaU’s strategic, analytical, and financial documents for the period 2022–2025, including the university development strategy, sustainability reports, and audited financial statements. The study identifies the key components of university economic sustainability, including financial, academic, research, international, and ESG sustainability. An analysis of the dynamics of AlmaU’s strategic and financial indicators was conducted, enabling the identification of factors exerting the greatest influence on the university’s long-term development. An original model for integrating economic sustainability indicators into the university strategic management system was developed, incorporating mechanisms for monitoring, risk assessment, and adjustment of strategic decisions. The scientific novelty of the study lies in substantiating economic sustainability not only as an outcome of university performance but also as an instrument of strategic management. The practical significance of the research is determined by the possibility of applying the proposed model in the development, implementation, and revision of higher education institutions’ development strategies with due consideration of economic sustainability indicators.</p></trans-abstract><kwd-group xml:lang="ru"><kwd>стратегическое управление университетом</kwd><kwd>экономическая устойчивость</kwd><kwd>устойчивое развитие</kwd><kwd>ESG</kwd><kwd>стратегический мониторинг</kwd><kwd>высшее образование</kwd><kwd>конкурентоспособность университета</kwd></kwd-group><kwd-group xml:lang="en"><kwd>university strategic management</kwd><kwd>economic sustainability</kwd><kwd>sustainable development</kwd><kwd>ESG</kwd><kwd>strategic monitoring</kwd><kwd>higher education</kwd><kwd>university competitiveness</kwd></kwd-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Hazelkorn E. 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