As many as 90,000 students move to New Zealand every year. With an increasing number of students opting for an MBA abroad, New Zealand too has hopped on the bandwagon, by housing some of the best universities in New Zealand for MBA. The high ROI (return on investment) and affordable fees of the business schools in New Zealand are making them one of the most desired options among aspirants.
In case you need further affirmations, here are few reasons that make New Zealand business schools your best option to study an MBA:
-
New Zealand has some of the top-ranked MBA universities in the world.
-
MBA is an expensive degree in most parts of the world. However, an MBA in New Zealand is comparatively inexpensive.
-
You also have an option to pursue an MBA without GMAT.
-
New Zealand universities for MBAs provide students with opportunities to understand the global economic scene for a successful career.
-
Management colleges in New Zealand focus on the overall personality development of students aiming to make them great managers and leaders.
SUGGESTED READ: Everything you need to know about MBA in New Zealand
|
Table of Contents:
➢ Victoria University of Wellington ➢ Auckland University of technology
|
MBA Colleges In New Zealand: 6 Top MBA Colleges In New Zealand To Elevate Your Career!
As discussed, we’ve now established that pursuing an MBA in New Zealand is a good choice to opt for, in case of further confusion, talk to a professional guide to help you figure your best choice.
Studying the pros and cons of New Zealand universities for MBA, we’ve listed out the top MBA colleges in New Zealand here:
Covering all the required details of an MBA course along with a snapshot of the course, we’ve covered every aspect of studying in some of the best MBA colleges in New Zealand below:
Situated in Dunedin, the University of Otago is one of the oldest universities in New Zealand. Recognised among the top universities in New Zealand for MBA, the University of Otago currently holds a ranking of 184 according to the QS world university ranking. Thus, making it one of the best business school in New Zealand.
MBA at University of Otago:
The full-time Otago MBA is a two-phase programme.
Phase 1: 10 months of on-campus study with twelve core subjects covering key business areas.
Phase 2: This full-time MBA offers you choices and flexibility. Students can choose to continue this part of their MBA on-campus in Dunedin, through international exchange or a business project.
Fees: NZ$ 60,892
To apply: You will need to fill an application form, take entrance tests and an interview via video conference.
Your application requirements include the following:
-
An undergraduate degree with at least a B-grade average.
-
Minimum of 3 years professional/management experience.
-
A 550+ GMAT score or a ‘pass’ in the Otago MBA admissions Test
-
IELTS score of 6.5 or equivalent (if English is not your first language)
MUST-READ: Top courses to study in New Zealand
Located in the capital of New Zealand, Victoria University of Wellington conducts a world-class executive MBA programme. Its specification makes this college one of the best business school in New Zealand.
MBA at Victoria University of Wellington:
Conducted in four trimesters a full-time executive MBA program is taken up for professionals in the field of Business.
Fees: NZ$ 62,621
Requirements for the course include:
-
A Bachelor’s degree or a Postgraduate Certificate in Business Administration
-
Five years of relevant work experience.
-
A GMAT test score of 550 or above.
-
IELTS (minimum overall score of 6.5 with no sub-score below 6.0)
The University of Waikato is located in Hamilton, New Zealand. The University of Waikato holds triple-crown accreditation from EQUIS, AMBA and AACSB since 2005. Championing the international benchmark of excellence in teaching and research achieved by less than 1% of the world’s business schools, the University of Waikato is one of the best MBA colleges in New Zealand.
MBA at University of Waikato
MBA Course at the University of Waikato has been structured around three interdisciplinary areas - Frameworks, Leadership and Value Creation.
Fees: NZ$ 56,650
Requirements for the course include:
-
A bachelor's degree, or equivalent
-
At least three years' management experience or at least 10 years of work experience
-
Interview with the Waikato MBA Director (in person or via Zoom)
-
IELTS Score- 6.5
To apply: You have to make an account on the university’s official website and begin your admission process. You can find the status of your application through your university account.
Ranking in the top 300 of the QS University ranking meter, Massey University is one of the renowned New Zealand universities for MBA. Located in Palmerston North, the university holds beautiful campuses in Albany and Wellington. Recent updates also give students the opportunity to choose to study offline (for One year) or they can opt for a fully Online alternative.
-
Your MBA includes a corporate internship (full-time) or corporate consulting report (online).
-
Choice of specializations includes - Business sustainability, digital transformation, International marketing/Global business.
Fees: NZ$ 51,000
Some of their requirements are:
-
Bachelor's degree or equivalent with at least a B-grade average in the highest level course.
-
Completed at least three years of postgraduate full-time work.
-
Have been selected in the program based on the selection process.
-
IELTS 6.5 (no band less than 6.0)
Located in Christchurch, the UC's MBA program is accredited by AMBA, the global standard for an MBA degree. Only the top 2% of the business schools internationally offer AMBA-accredited programmes. This obviously makes the University of Canterbury one of the best management colleges in New Zealand.
MBA at University of Canterbury:
The MBA of the University of Canterbury is credited out of 180 points. Dividing them as 125 points of compulsory courses, 10 points of elective courses, and a consulting project of 45 points.
Fees: NZ$ 54,450
Requirements for the course include:
-
A Bachelor's degree or postgraduate diploma in Business Administration
-
At Least 5 years of work experience.
-
IELTS score of 7.0 with a minimum of 6.5 in each band.
SUGGESTED READ: Admission intakes of universities of New Zealand
As the name suggests, AUT is located in Auckland. Pursuing an MBA from AUT is an invaluable tool in your business career as it develops your leadership skills.
MBA at the University of Auckland:
To graduate with an MBA you must successfully complete the 180 pointer course. The core subjects of the course hold 120 points and 60 points are allotted to other elective courses.
Fees: NZ$ 53,715
Requirements for the course include:
-
A bachelor degree or graduate diploma or relevant professional experience, equivalent to a bachelor’s degree.
-
Minimum work experience of 5 years and proof of work experience is required.
-
IELTS score of 6.5 overall with a minimum score of 6.0 in each band.
-
An aptitude test and/or interview may be required.
To apply: Apply on the AUT’s official website.
SUGGESTED READ: Scholarships in New Zealand
MBA fees Vs salary: Is studying an MBA in New Zealand worth it?
As mentioned above, the New Zealand colleges of MBA are famous for their ROI. Let’s assess same in brief with the help of a table:
|
COUNTRIES |
AVERAGE FEES (In Rs.) |
AVERAGE SALARIES (In Rs.) |
|
UK |
40-60 Lakhs |
89 Lakhs |
|
USA |
75 Lakhs to 1 Cr. |
85-90 Lakhs |
|
CANADA |
29-34 Lakhs |
58-70 lakhs |
|
AUSTRALIA |
29- 48 Lakhs |
45-52 Lakhs |
|
NEW ZEALAND |
26-30 Lakhs |
60-65 Lakhs |
Evident from the table, an MBA from New Zealand gives you a high ROI compared to many other popular countries. The fees for New Zealand MBA universities are affordable. Thus, making this one of the top destinations for an MBA. You can also assess your expected living expenses, cost of studying and more in New Zealand to make a decision.
If you’re still confused, talk to a Yocket Counsellor over a FREE consultation call and discuss MBA in New Zealand.
FAQs
- Is New Zealand Good for MBA?
Absolutely! New Zealand is an amazing place to study MBA because of affordable courses and high ROI along with an excellent education system.
- Can we get scholarships for MBA in New Zealand?
Yes you can. You can find scholarships on your desired university’s website or you can go for scholarships provided by the New zealand Government.
- What is the fees of an MBA in New Zealand?
Fees for MBA courses in New Zealand can range anywhere between NZD 50,000 to NZD 65,000.
- Is GMAT required for an MBA in New Zealand?
GMAT exams are optional. It depends on the university you are applying for. Some universities require GMAT scores while others don't. Check out your desired university’s website for more information.
- What jobs can I take up after an MBA in New Zealand?
You can take up various managerial jobs after completing your MBA. Some popular job profiles include - marketing manager, general manager, managing director, HR manager, Consultant etc.