Kostanay engineering and economics university named after M.Dulatov is the first non-state university of the Kostanay region, which was opened 20 years ago. KEEU – higher educational institution in Kostanay region, which arose as a result of changed economic and social conditions in independent Kazakhstan. Today we can say it’s passed a lot with it’s labour , energy of teachers and other stuff who had aim to make this university one of the best universities of the country. The basis for the emergence, formation and further development of the university was the opening in 1996 of the “Institute of Business and Management”. In 1999 the first students were graduated from the education program of the full-time and part-time departments- 43 people. In 2000, the contingent of graduates was 56 people, in 2001 – 150 people. At present, the KEEU stably provides qualified specialists to the North region of Kazakhstan: over 20,000 people have been trained for 20 years. In May 2003, the Government of Kazakhstan gave the university the name of the Kazakh public figure, our compatriot Myrzhakyp Dulatov.