You can switch between leadership positions in multiple companies with an MBA (Master of Business Administration) degree, which enables you to move between different fields and professional paths. A degree that opens up a variety of career options is typically very expensive. In this case, an MBA from New Zealand might be the difference-maker.
Where Can I Earn An MBA In New Zealand, You Ask?
Full-time, part-time, online, and executive MBA programmes are all offered in New Zealand. You may learn more about the types of MBA programmes available in New Zealand and the top selections by reading this blog.
You are on the correct track if you wish to pursue an MBA in New Zealand.
World-class MBA programmes are offered by Top Institutions in New Zealand, which Starbright Overseas Education is affiliated with. Get Professional Guidance from Starbright Overseas Education, select your preferred school and the appropriate MS programme, and submit an application for the forthcoming intake. I wish you the best!
Why MBA Education in New Zealand?
- New Zealand, an English-speaking, developed, and remote nation renowned for its natural beauty, maybe the perfect location for an MBA.
- Studying for an MBA in New Zealand can be a great choice because the nation has a reputation for high education standards and excellence and has colleges that provide MBA programmes that are acknowledged internationally.
- New Zealand MBA schools are reasonably priced and grant degrees that are recognised worldwide.
- The processes for applying for admission and getting a student visa are simple.
- Students’ careers and earning potential are advanced through MBA programmes at New Zealand universities.
- A lot of emphases is placed on helping children develop strong personalities.
- MBA programmes give international students the chance to thoroughly research the world economies of diverse organisations.
- Students get knowledge in a setting that combines elements of the western and eastern cultures, which helps them better understand one another and broaden their ideas on business and management.
Types of MBAs Available to Indian Students in New Zealand
MBA for Executives in New Zealand
An EMBA, or Executive MBA, is an MBA programme designed specifically for working professionals and senior executives in New Zealand. Executive education in business is available to professionals who want to work with an EMBA. EMBA students typically have a lot of professional experience and are somewhat senior in their areas.
New Zealand full-time MBA
A full-time MBA is a challenging and current general management programme created to give you the business knowledge, abilities, and insights you’ll need to succeed in senior leadership positions across numerous industries and enterprises throughout the world.
MBA in part-time in New Zealand
It seems sensible that many students would seek out a part-time online MBA in New Zealand given the country’s excellent educational system. Students can continue their education even if they already hold full-time work because of the convenience of online learning and the high calibre of a New Zealand education.
MBA without GMAT
To pursue an MBA in New Zealand without taking the GMAT is a further popular option. Numerous universities in New Zealand accept applicants without a GMAT score. IELTS or TOEFL scores, a bachelor’s degree, and often 2-3 years of work experience are prerequisites for admission to these universities.
Indian Students Can Attend MBA Programmes In New Zealand.
New Zealand institutions rank among the top 100 worldwide universities in the QS MBA rankings for 2021. You can choose from our list of the Best Universities, saving time and effort.
Universities in New Zealand | Programs Offered | Course Duration | Average Tuition Fees per year | Avg. Salary (USD) | Entrance exam |
Victoria University of Wellington | Executive MBA | 1 – 2 Years | NZ$58,000 | $1,36,000 | GMAT (minimum 550) |
The University of Otago | MBA | 1 – 2 Years | NZD$57,960 | $1,11,600 | GMAT |
University of Auckland | Master of Management | 1 – 2 Years | NZ$67,097 | $1,04,750 | GMAT (minimum 550) |
University of Waikato | MBA | 1 – 2 Years | NZ $55,000 | $84,250 | NA |
Massey University | MBA | 1 – 2 Years | NZ $50,430 | $83,600 | GMAT (optional) |
The University of Canterbury | MBA | 1 – 2 Years | NZ$47,250 | $77,200 | GMAT (minimum 600) |
AUT University | MBA | 1 – 2 Years | NZ$53,715 | $72,000 | GMAT (minimum 550) |
Whitireia New Zealand | Master of Management | 1 – 2 Years | NZ$31,000 | $1,04,750 | GMAT (minimum 550) |
Eastern Institute of Technology | Master of Applied Management | 1 – 2 Years | NZ$22,000 | $1,36,000 | GMAT (minimum 550) |
Massey University (Massey) | MBA | 1 – 2 Years | NZ$48,000 | $1,04,750 | GMAT (minimum 550) |
Otago Polytechnic | Master of Applied Management | 1 – 2 Years | NZ$36,500 | $72,000 | GMAT (minimum 550) |
Unitec Institute of Technology | Master of Applied Business | 1 – 2 Years | NZ$25000 | $72,000 | GMAT (minimum 550) |
New Zealand’s Top MBA Programmes
In New Zealand, there are two types of MBA programmes:
MBA general
A more comprehensive overview of management is provided by the typical MBA programme. It teaches students fundamental management skills and covers general management themes.
A Master’s Degree In Business Administration (Specialization)
These are the MBA concentrations offered in New Zealand.
- HR Management MBA
- Marketing Management MBA
- Digital marketing MBA
- The IT MBA
- Management of travel and tourism MBA
- Finance and management MBA
- Business Analytics MBA
- Healthcare Management MBA
- Media Management MBA
- Aviation Management MBA
- MBA Tuition in New Zealand
In New Zealand, an MBA is reasonably priced. In New Zealand, MBA programmes normally last between one and two years. You’ll see that New Zealand’s MBA tuition is considerably less than those of other nations.
To Compare The Costs And Lengths Of The MBA Programmes Offered In New Zealand, Check The Table Below:
Name of Universities | Course Duration | Tuition Fees per Year |
Victoria University of wellington | 18 Months | NZ$62,621 |
University of Otago | 15 months to 2 years | NZ$60,892 |
University of Waikato | 18 months | NZ$56,650 |
Massey University | 1 Year | NZ$51,000 |
University of Canterbury | 16 months | NZ$54,450 |
Auckland University of Technology | 1-1.5 Years | NZ$53,715 |
University of Auckland | 1.5 Years | NZ$50,262 |
Pre-Arrival Fees for MBA Programs in New Zealand
Kind of Expenses | Average Fees in NZD |
New Zealand Student Visa | 346 |
IELTS | 420 |
TOEFL fees | 410 |
GMAT fees | 382 |
Air Tickets | 450 – 700 |
Living expenses in New Zealand
Students are required to pay for their airfare and accommodations in New Zealand after enrolling at the university. This chart displays the typical cost of living when studying abroad:
Type of expense | Monthly Cost (in NZD) |
Hostel | 1000 – 1500 |
Homestay | 1500 – 2000 |
Food | 480 – 550 |
Travelling | 100 |
Qualifications For MBA Studies in New Zealand
The following are the fundamental entry requirements for admission to study MBA for Indian students at all New Zealand universities:
- Three to four years of relevant work experience in the candidate’s field of study are required (may vary according to university).
- International students and non-native English speakers are required to submit their TOEFL or IELTS results.
- Depending on the university and the subject, Indian students may additionally be asked to submit their GMAT or GRE exam results.
- Depending on the university and the course chosen, the length of the MBA programme as a whole varies greatly.
Required Documents for an MBA in New Zealand
Students need a bachelor’s degree and three to four years of relevant professional experience in order to apply for an MBA at an institution in New Zealand.
The majority of colleges accept applications on a rolling basis for the February and July semesters. To guarantee that all necessary arrangements, such as visas, travel, and accommodation, are finished on time, international students must apply two to three months prior to the start of the semester.
At the time of admission, candidates must produce the following documentation for the admissions process:
- A current passport is needed.
- Complete the application and include two passport-size photos.
- 0riginal and true transcripts from high school and college
- Character Reference Letters
- CV/Resume
- Essays that adhere to the university’s requirements and a statement of purpose
- Loan application paperwork
- financial statements
- Write an essay when you apply for a scholarship.
- Any records that the institution may require.
How to Apply For An MBA In New Zealand
Below is a description of how to apply if you want to study for a Master of Business Administration in New Zealand.
- Most universities in New Zealand have specific official university websites where students can submit online applications.
- Students must download the application form, fill it out completely, attach all required documentation, and adhere to all instructions.
- Once the candidate has successfully submitted his application form and the required documents, he will be asked to pay an application fee for registration.
- Depending on the university, interviews may be held on-call or using other technological communication channels.
- Students should be aware of university submission dates so they can apply early.
In Order To Study In New Zealand For A Period Longer Than Three Months, An International Student Must Apply For a Student Visa.
Scholarships For MBA Study in New Zealand
International MBA candidates in New Zealand may apply for a number of scholarships. Students who want to lower the cost of their MBA in New Zealand might consider applying for scholarships. The following is a list of overseas students’ scholarship options in New Zealand:
Scholarships | Awarding Institute | Amount (in NZD) |
Coursework Master’s Scholarship | University of Otago | 10,000 |
AUT International Excellence Scholarship | Auckland University of Technology | 7,500 |
MBA Awards | Massey University | 2,000 |
International Excellence Scholarship | University of Waikato | 10,000 |
New Zealand Excellence Award | Education New Zealand | 5,000 |
GOPIO West Auckland Scholarship | Aukland Institute of Studies | 500 |
Alison MacGibbon Fund | University of Canterbury | 300 |
Jobs & Salary in New Zealand After An MBA
In New Zealand, where the unemployment rate is only 4.3%, almost all graduates can find job. A list of the “Essential Skills in Demand” (ESID) on the skills and jobs in high demand has been created by the New Zealand government. This will help you acquire in-demand abilities and, as a result, will help you get better jobs in the future.
This nation cannot promise all MBA graduates a job due to its limited economy. However, the business schools in New Zealand have connections to foreign companies that will employ you in countries like Australia, the United Kingdom, and the United States. The largest employers include Deloitte, Foodstuffs Auckland Limited, Datacom, ANZ Banking Corporation, and Kiwibank.
Jobs Opportunities & Average Salaries in New Zealand
The following are the compensation packages that several prestigious New Zealand companies give MBA graduates:
Job Profile | Average Salary (in NZD) |
Business Manager | 1,32,000 |
Marketing Manager | 97,400 |
Division General Manager | 1,33,700 |
Human Resources Manager | 58,200 |
Office Manager | 55,400 |
Assistant Accountant | 55,400 |
Managers | 1,50,000 |
Project Manager | 1,16,000 |
Assistant Manager | 1,21,000 |
Chairman Office Manager | 1,41,000 |
Requirements for Student Visas to Study MBA in New Zealand
You will require the following paperwork when applying for a visa: RT4
- The passport needs to be current.
- Making a student visa application
- Receipt for the application fee is paid
- Recommendation letter from the college where you were accepted.
- Health insurance receipt
- Two passport-sized photos
- Transcripts, including degrees and 10+2 and 10th class certificates
- Scores from the necessary exams, such as the TOEFL and IELTS, are listed on a scorecard.
- Documents outlining your plans for covering your living costs and tuition.
Post Study Work permit after MBA in New Zealand
- There are several professional opportunities in New Zealand, Australia, and other countries for Indian students who finish an MBA there. An MBA in New Zealand is a worthwhile choice if you want to study and live there.
- If applicants hold an authorised qualification, they can apply for a post-study work visa in New Zealand for up to three years after completing their studies.
- Depending on your degree and the location of your studies, a post-study work visa may be valid for one, two, or three years.
- A two-year MBA programme allows students to stay on for up to three years after they graduate. Additionally, students have the option of delaying enrollment for the entire study programme, which lasts between 8 months and 2 years.
- In addition, qualifying students can seek permanent residency through the Express Entry programme.
It should come as no surprise that New Zealand is the most sought-after location for overseas students. Your professional knowledge will be enhanced by earning an MBA from New Zealand, which is recognised globally. Additionally, the government of New Zealand encourages international students to enrol in management programmes through its welcoming policies and laws. Making the best choices concerning MBA specialisations and universities requires expert help. Top New Zealand institutions with whom Starbright Overseas Education is associated can help you transition smoothly.
FAQ
How Much Does an MBA in New Zealand Cost?
An undergraduate degree in New Zealand can cost between $20,500 and $25,000. A master’s degree can cost between $19,000 and $29,000.
Is New Zealand a Good Choice For An MBA Programme?
A number of internationally recognised colleges provide MBA programmes in New Zealand at extremely affordable costs and with the guarantee of training students for high-level leadership jobs.
How Can I Apply For An MBA In New Zealand?
The majority of universities in New Zealand require 2–5 years of work experience after completing your undergraduate programme. GMAT: Management studies often demand a strong GMAT score.
Can I Work in New Zealand After Receiving an MBA?
You can apply for a New Zealand Post Study Work Visa after earning your MBA in New Zealand, which permits you to work for any firm for a period of one to three years. The kind of work you can do is not constrained. Dependent spouses and children may also apply for this visa type.
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