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MBA in New Zealand for Indian Students
MBA in New Zealand for Indian Students

MBA in New Zealand for Indian Students

An MBA (Master's in Business Administration) degree allows you to transition between different domains and professional trajectories, enabling you to move between leadership jobs in various firms. A degree that leads to a varied job path usually comes at a steep price. An MBA from New Zealand could be a game-changer in this situation.

Wondering where to get an MBA in New Zealand? MBA programs in New Zealand range from full-time, part-time, online, and executive MBA programs. This blog will help you understand what type of MBA program you can get in New Zealand and some best options to choose from.

If you want to pursue MBA in New Zealand, you’ve already in the right direction. AECC is associated with Top Institutions in New Zealand that offer world-class MBA programs. Get Expert Guidance from AECC, pick your favourite university, the right MS course and apply for the upcoming intake. All the very best!

Why Study MBA in New Zealand?

An English-speaking, developed, and the secluded country known for its natural beauty, New Zealand can be an ideal MBA destination. Studying an MBA in New Zealand can be an excellent alternative because the country has a reputation for high education and excellence and has globally recognised MBA offering universities.

  • New Zealand MBA colleges are both inexpensive and offer internationally recognised degrees.
  • The procedures for admission and obtaining a student visa are straightforward.
  • MBA programmes at New Zealand universities help students advance their careers and earnings potential.
  • Developing a solid personality in students is given a lot of weight.
  • MBA programmes allow overseas students to study the global economics of various businesses in depth.
  • Students learn in a setting that blends the western and eastern worlds, helping them understand one another better and improve their business and management perspectives.

Types of MBA in New Zealand for Indian Students


  • Executive MBA In New Zealand
In New Zealand, an EMBA, or Executive MBA, is an MBA programme tailored to working professionals and senior executives. Professionals can study business executive education and work with an EMBA. Typically, EMBA students are relatively senior in their fields and have considerable work experience.
  • Full-time MBA in New Zealand
A full-time MBA is a rigorous and relevant general management curriculum designed to equip you with the business knowledge, skills, and insights you'll need to excel in senior leadership roles across various businesses and sectors worldwide.
  • Part-time MBA in New Zealand
With New Zealand's high-quality education, it's no wonder that many students look for an online part-time MBA in New Zealand to complement their education. The amenity of online learning, combined with the high quality of a New Zealand education, means students can take the next step in their education, even if they already have a full-time job.
  • MBA without GMAT
Another popular alternative is to do an MBA in New Zealand without taking the GMAT. Many New Zealand universities admit candidates who have not taken the GMAT exam. These colleges require a bachelor's degree, IELTS or TOEFL scores, and typically 2-3 years of work experience.

MBA Colleges in New Zealand for Indian Students

According to the QS MBA rankings (2021), New Zealand universities are in the top 100 in the world. We've compiled a list of the Top Universities for you to choose from, saving you time and effort.

Universities in New Zealand

Programs Offered

Course Duration

Average Tution 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)

Top MBA Program in New Zealand


There are two types of MBA programmes in New Zealand:

  • General MBA
The general MBA programme provides a more broads overview of management. It covers general management topics and teaches students basic management abilities.

  • MBA (Master of Business Administration) (Specialization)
Here is the list of MBA specialisations 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

MBA in New Zealand Tuition Fees


The cost of an MBA in New Zealand is reasonable. MBA programmes in New Zealand typically last between one and two years. You'll notice that MBA fees in New Zealand are significantly lower than those in other countries.

Look at the table below for the New Zealand MBA college fees and course duration to see the difference:

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


READ MORE: Cost of Studying in New Zealand

Pre-Arrival Cost to Study MBA 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

Cost of Living in New Zealand


After enrolling at the university, students must pay for their travel and lodging in New Zealand. This list shows the average cost of living to study abroad:


Type of expense
Monthly Cost (in NZD)
Hostel
1000 – 1500
Homestay
1500 – 2000
Food
480 – 550
Travelling
100

Eligibility to Study MBA in New Zealand


The following are the basic admission entry requirements that apply to all 
New Zealand universities to Study MBA for Indian Students:

  • Candidates need three to four years of relevant work experience in their field of study (may vary according to university).
  • Non-native English speakers and international students must provide their TOEFL or IELTS scores.
  • Indian students may also be required to submit their GMAT or GRE test scores, depending on the university and subject.
  • The total length of the MBA programme varies considerably based on the university and the course chosen.

Documents Required for MBA in New Zealand


To apply for an MBA at a New Zealand university, students must have a 
bachelor's degree and 3-4 years of relevant professional experience.

Most colleges accept applications for semesters beginning in July and February on a rolling basis. International students need to apply two to three months before the start of the semester to ensure that all necessary arrangements, such as visas, travel, and housing, are completed on time.

Candidates will be needed to present documentation for the admission procedure at the time of admission, which includes:


  • A valid passport is required.
  • Fill out the application form and attach passport-size pictures.
  • Original and authentic school and college transcripts
  • Recommendation Letters
  • CV/Resume
  • Statement of Purpose/Essays based on the university's requirements
  • Documents for a loan
  • Financial records
  • If you're applying for a scholarship, write an essay.
  • Other documents as requested by the university.

Application Process to Study MBA in New Zealand


The application process for candidates interested in pursuing a Master of Business Administration in New Zealand is outlined below.

  • Most New Zealand institutions have dedicated official university websites where students can apply online. 
  • Students must download the application form and submit it with a complete set of supporting documents and follow the guidelines.
  • The candidate will be asked to pay an Application Fee for his registration once he has successfully submitted his application form and the requisite papers.
  • Interviews may be conducted on-call or through other electronic modes of communication, depending on the university.
  • Students should watch university submission deadlines because they should apply before the last minute.
International students who wish to study in New Zealand for longer than three months must apply for a Student Visa.

Scholarships to Study MBA in New Zealand


International students seeking MBA degrees in New Zealand can apply for various scholarships. Scholarships are an excellent option for students to reduce the cost of their MBA in New Zealand. 
The following list of scholarships available to international students 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 After MBA in New Zealand


With an unemployment rate of about 4.3%, practically all students who graduate from New Zealand can find work. The government of New Zealand has produced a list of "Essential Skills in Demand" (ESID) on the skills and positions in high demand. This will assist you in developing skills that are in demand and, as a result, will assist you in finding better jobs in the future.

Because it is a small economy, this country cannot guarantee a job for all MBA graduates. However, New Zealand's business schools have ties with international firms that will recruit you in nations such as Australia, the United Kingdom, and the United States. Deloitte, Foodstuffs Auckland Limited, Datacom, ANZ Banking Corporation, and Kiwibank are the biggest employers.

Jobs Opportunities in New Zealand
 
The following are the salary packages offered by several leading firms in New Zealand to 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

Student Visa Requirements to Study MBA in New Zealand


The following are the documents you will need while applying for a visa:


  • The passport must be valid.
  • Application for a student visa
  • Payment of the application fee receipt
  • Letter of Recommendation from the institution you have been accepted.
  • Receipt for health insurance
  • Two pictures of passport size
  • Transcripts (diplomas, 10+2 certificates, and 10th class certificates)
  • Scores from the required tests are listed on a scorecard (e.g., TOEFL, IELTS)
  • Documents demonstrating how you will pay your tuition and living expenses.

Post Study Work permit after MBA in New Zealand


For Indian students who complete an MBA in New Zealand, there are several career prospects in New Zealand, Australia, and other nations. If you wish to study and settle down in New Zealand, an MBA in New Zealand is a rewarding alternative.


  • Candidates apply for a post-study work visa in New Zealand for up to three years after finishing their studies if they have an authorised qualification.
  • A post-study work visa can last one, two, or three years, depending on your degree and where you studied.
  • Those enrolled in a two-year MBA programme can stay for up to three years following graduation. Additionally, students can wait for the entirety of the study programme, which runs from 8 months to 2 years. 
  • Apart from that, qualified students can use the Express Entry programme to apply for permanent residency.

It's no surprise that New Zealand is the most popular international student destination. Obtaining an MBA from New Zealand enhances your professional expertise, recognised worldwide. In addition, the New Zealand government's welcoming policies and laws encourage international students to undertake management programmes. Getting expert advice is essential for making the best decisions about MBA specialisations and universities. AECC is affiliated with top New Zealand institutions that can assist you in making a smooth move.

FAQ

The cost of studying in New Zealand can range from NZ$20,500 to $25,000 for an undergraduate degree and NZ$19,000 to $29,000 for a master's degree.