New Zealand is a developed country, with a tranquil and welcoming environment. Many international students prefer to study an MBA in the country. The affordability of tuition fees is a huge factor in drawing international students to the country. Post-study work opportunities are also available, owing to New Zealand’s diverse economy.
There are nearly 38,000 international students in New Zealand, with a vast majority of them being Indian. With multiple top institutes under QS 200 in the country, such as the University of Auckland, Victoria University of Wellington, New Zealand is an excellent choice for a holistic MBA curriculum and career opportunities.
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Why Study MBA in New Zealand?
New Zealand is emerging as a prime destination for students wanting to study an MBA. This growing popularity is a result of many advantages. New Zealand programs are more affordable when compared to traditional ones. Furthermore, these programs extend beyond mere academics. They help in developing well-rounded leaders by promoting a student's personality and skills. This ensures that the graduates also have the soft skills to thrive in the world.
An MBA from New Zealand can also broaden your career options and boost your potential salary. Moreover, the admissions process for international students is straightforward and efficient. This allows you to focus on your academic journey. Finally, New Zealand universities boast a well-respected reputation for excellence in education. An MBA from here ensures that your qualification is internationally recognized.
Suggested: Best MBA Colleges In New Zealand
Top Universities in New Zealand For MBA
New Zealand has several top-ranked universities with MBA programs with several specialisations. Find one that caters to your needs! Here is a quick look at some of the best universities in New Zealand as per the QS World University Rankings 2024.
|
University |
QS World University Ranking 2024 |
|---|---|
|
68 |
|
|
206 |
|
|
239 |
|
|
241 |
|
|
250 |
|
|
256 |
|
|
362 |
Cost and Duration to Study MBA at Top Universties in New Zealand
MBA costs in New Zealand are affordable. MBA courses in New Zealand generally are conducted for about 1 to 1.5 years. Notice that New Zealand MBA fees are comparatively lower than that in other countries.
Understand the difference by looking at the fees and course duration in the table below:
|
Universities |
Duration |
Fees/ year (in INR) |
|---|---|---|
|
1.5 Years |
INR 24,77,000 |
|
|
15 months to 2 years |
INR 30,00,000 |
|
|
1 Year |
INR 25,14,000 |
|
|
1.5 years |
INR 30,86,000 |
|
|
1.5 years |
INR 28,00,000 |
|
|
16 months |
INR 26,90,000 |
|
|
1.5 years |
INR 23,66,000 |
NOTE: The University Of Auckland is currently not accepting international students.
MBA Specializations In New Zealand
MBA Programs in New Zealand are of two types:
-
General MBA
General MBA program gives more of a general overview of the management world. It deals with general management subjects and instils basic management skills in students.
-
MBA (Specialisation)
MBA (specialisation) means focusing on both, general management subjects and specialisation subjects.
For management jobs in specific industries, target for MBA specialisation. Take a look at some of the best MBA specialisations offered in New Zealand.
- MBA in HR Management
- MBA in Marketing Management
- MBA in Digital Marketing
- MBA in IT
- MBA in Travel and tourism management
- MBA in finance management
- MBA in Business Analytics
- MBA in Healthcare Management
- MBA in Media Management
- MBA in Aviation Management
As an international student looking to work or settle down in New Zealand, these specialisations will be helpful.
Types Of MBA in New Zealand
Executive MBA In New Zealand
An EMBA or an Executive MBA in New Zealand is a MBA program designed for working professionals or senior executives. EMBA allows the professionals to study business executive education and work at the same time. In general, EMBA students are senior in their fields and have considerable work experience.
Suggested: Benefits Of Executive MBA Abroad
MBA without GMAT
MBA in New Zealand without GMAT is yet another popular option. Many universities in New Zealand accept students who have not given the GMAT test. The prerequisites are a bachelor's degree, IELTS or TOEFL scores and 2-3 years of work experience.
The universities which offer MBA without GMAT are:
MBA in New Zealand Eligibility & Requirements
The MBA degree in New Zealand requirements are quite straightforward and simple. The requirements and eligibility criteria may vary depending on the university and course structure.
Eligibility criteria for MBA degree in New Zealand
- A bachelor's degree with at least 60 percent
- At least 3-4 years of relevant work experience
- IELTS/TOEFL grades as per the university standards (International students and non-native English speakers)
- Candidates need to pass the GRE or GMAT test (Some universities in New Zealand do not need GMAT scores. Please check with your university before applying)
NOTE: You will not be eligible to apply for an MBA in New Zealand without work experience. Having 3-5 years of relevant work experience is compulsory.
Documents Required to Apply for MBA in New Zealand
Here are some common documents that students would need:
- A valid passport
- Complete application form with passport size photos
- Original transcripts of schools/colleges
- Letters of recommendation
- Resume
- Statement Of Purpose
- Loan documents (If required)
- Financial documents
- Scholarship essay (If applicable)
- Other documents asked by the University
Application Process of MBA Degree In New Zealand For International Students
The process for MBA admission in New Zealand is very simple. Most universities need you to go on their official websites, create an account and then apply for your chosen program.
The most common steps involved in applying to any university are:
- Research about different universities and narrow down on few.
- Create accounts on the websites of your desired universities.
- Download the application form and submit the same along with other required documents.
- Pay the application fee.
- Give the interview either on call or through other modes of communication
- If selected, prepare for your student visa.
Suggested: Admission Intakes For New Zealand MBA
MBA Scholarships In New Zealand
There are many scholarships that you can get. Scholarships are a great way for students to bring down their MBA cost in New Zealand. Some of the scholarships for International students in New Zealand are:
- New Zealand International Doctoral Research Scholarships (NZIDRS)
- New Zealand Commonwealth Scholarships
- New Zealand Excellence Awards (NZEA)
- NZ-GRADS New Zealand Global Research Alliance Doctoral Scholarship
- SEG Scholarship
- Palmerston North City Mayor's Goodwill Ambassador Scholarship
Suggested: Scholarships In New Zealand
Jobs After MBA In New Zealand For International Students
New Zealand has an unemployment rate as low as 4.3%. So you can surely expect to find jobs after MBA in New Zealand. Some of the popular companies offering jobs to students include Deloitte, Foodstuffs Auckland ltd., Datacom, ANZ Banking Corporation, Kiwibank etc.
Students in New Zealand can expect an average salary package of NZD 100,505 to NZD 180,000 per annum.
|
Job Profiles |
Average Salary/ year (in INR) |
|---|---|
|
Managing Director |
INR 59,69,000 |
|
Marketing Manager |
INR 48,00,200 |
|
Consultant |
INR 24,64,000 to INR 49,28,000 |
|
General Manager |
INR 65,89,000 |
|
HR Manager |
INR 28,68,000 |
|
Assistant Accountant |
INR 27,30,000 |
|
Project Manager |
INR 57,16,000 |
|
Assistant manager |
INR 59,63,000 |
TIP: Check out the list of essential jobs published by the government of New Zealand.
Many students study MBA in New Zealand because of its amazing education system, affordable fee structure and duration. A 1 year MBA in New Zealand is a popular option among students. There can be a lot of job opportunities after MBA in New Zealand, Australia and many other countries. MBA In New Zealand for Indian students is a lucrative option if you want to study and settle down in New Zealand.
From the Desk of Yocket
New Zealand is one of the most popular places for international students. The quality of education and experiential learning contribute to its popularity. We can not forget about the affordability of programs and vast career opportunities. So if you too wish to move to New Zealand for your studies, do thorough research to choose the right course and university. For help in choosing MBA programs, universities in New Zealand or any study abroad queries, Yocket Counsellors are here to help.
Yocket Premium provides comprehensive assistance for securing admission to your preferred university. Yocket's expert counsellors will guide you from program selection to visa application approval. We aim to offer unwavering support to help you achieve your dream. We hope that now you have more clarity about doing your MBA from New Zealand.