Five students, five medals. Every member of Kazakhstan’s national team finished on the podium at the International Economics Olympiad 2026, DKNews.kz reports.

The team secured one gold, three silver and one bronze medal. Nearly 300 talented students from 61 countries competed in Suzhou, China, from July 12 to 20.

Astana student claims gold

Kazakhstan’s top result came from Batyrkhan Mukhtarkhan, an 11th-grade student at Nazarbayev Intellectual School in Astana’s Nura District.

This was his second consecutive gold medal at the International Economics Olympiad, making him a two-time IEO champion.

His achievement places him among Kazakhstan’s most successful participants in the competition’s history.

Almaty students secure four medals

Three students from Almaty claimed silver medals.

Dinmukhammed Kemelov and Altair Zhaparov are 11th-grade students at Nazarbayev Intellectual School in Almaty’s Medeu District. The third silver went to Aruzhan Sultanbek, an 11th-grade student at Miras International School.

Temirlan Kuanyshbek, a 10th-grade student at NIS in the Medeu District, won bronze.

Four of Kazakhstan’s five medals therefore went to students from Almaty, while Astana brought home the gold.

Kazakhstan’s full medal tally

The national team finished the competition with the following results:

• Batyrkhan Mukhtarkhan — gold medal;
• Dinmukhammed Kemelov — silver medal;
• Altair Zhaparov — silver medal;
• Aruzhan Sultanbek — silver medal;
• Temirlan Kuanyshbek — bronze medal.

Every student representing Kazakhstan won an individual award. At an event of this scale, the result demonstrates the strength of the entire team rather than the success of a single standout contestant.

More than a test of economic theory

The International Economics Olympiad is one of the world’s leading academic competitions for high school students interested in economics, finance and business.

Participants complete multiple-choice and open-ended assignments designed to test their knowledge and analytical reasoning. They must also solve a business case and present their proposal in English before an international jury.

Memorising textbook definitions is not enough.

Contestants need financial literacy, data analysis skills and the ability to make effective decisions under pressure. These are the same competencies increasingly demanded of future economists, entrepreneurs, investment analysts and business leaders.

Who prepared the national team

Kazakhstan’s team was trained by Ruslan Muldashev, director of the Teenvestor school and coach of the national team, alongside Zere Zharlagapova, a specialist at the Daryn

Kazakhstan Wins Five Medals Out of Five at Global Economics Olympiad

Five students, five medals. Every member of Kazakhstan’s national team reached the podium at the International Economics Olympiad 2026.

The team secured one gold, three silver and one bronze medal. Nearly 300 talented students from 61 countries competed in Suzhou, China, from July 12 to 20.

Astana student brings home gold

The top award went to Batyrkhan Mukhtarkhan, an 11th-grade student at Nazarbayev Intellectual School in Astana’s Nura District.

This is his second gold medal at the International Economics Olympiad. The achievement makes him a two-time IEO champion and one of Kazakhstan’s most successful competitors in the event.

Three silver medals go to Almaty

All three silver medals were won by 11th-grade students from Almaty.

Dinmukhammed Kemelov and Altair Zhaparov represented Nazarbayev Intellectual School in the Medeu District. Aruzhan Sultanbek, a student at Miras International School, claimed Kazakhstan’s third silver.

The bronze medal went to Temirlan Kuanyshbek, a 10th-grade student at NIS in Almaty’s Medeu District.

Four of Kazakhstan’s five medals were therefore secured by students from Almaty, while the team’s gold went to Astana.

Kazakhstan’s IEO 2026 medal winners

The national team finished the competition with the following results:

• Batyrkhan Mukhtarkhan — gold;
• Dinmukhammed Kemelov — silver;
• Altair Zhaparov — silver;
• Aruzhan Sultanbek — silver;
• Temirlan Kuanyshbek — bronze.

With every team member winning a medal, the result reflects more than individual talent. It demonstrates the depth and consistency of Kazakhstan’s preparation for international academic competitions.

More than a test of economic theory

The International Economics Olympiad is one of the world’s leading academic competitions for high school students interested in economics, finance and business.

Competitors answer multiple-choice and open-ended questions, analyse economic processes and solve practical problems. They also work together on a business case and present their solution to an international jury in English.

Memorising textbook definitions is not enough.

Students need analytical thinking, financial literacy, data skills and the ability to make effective decisions under pressure. These are the same competencies increasingly demanded of future economists, entrepreneurs, financial analysts and business leaders.

The team behind the result

Kazakhstan’s national team was prepared by Ruslan Muldashev, director of the Teenvestor school and coach of the national squad, together with Zere Zharlagapova, a specialist at the Daryn Republican Scientific and Practical Centre.

Kazakhstani students competed against the strongest young economists selected through national competitions in 61 countries.

Winning five medals with five contestants shows that Kazakhstan can compete internationally not only in mathematics and the natural sciences. Its students are also building a strong reputation in economics, finance and business.