A Comprehensive Guide to Study MBA in New Zealand [Updated]

New Zealand is emerging as one of the topmost study abroad preferences among aspirants to pursue their higher education. The country is known for its excellent education system that is internationally accredited. New Zealand also offers lucrative opportunities for one’s personal and professional growth. 

The Universities in New Zealand offer Bachelor’s, Master’s, and MBA Degrees in a variety of specializations. In this blog, we will talk about the key aspects of studying MBA in New Zealand. 

Master of Business Administration is considered a premier level qualification, a gateway to many job opportunities in the corporate world. New Zealand which houses some of the top MBA universities in the world has built a strong reputation for excellence and quality across the globe. 
 

5 Perks of Pursuing an MBA in New Zealand 

Pursuing MBA in New Zealand is a great choice. Listed below are the 5 features that make the country the best one to study an MBA: 

• Triple Crown Accreditation: An opportunity to study MBA at the triple-crown accredited Business Schools and Universities. 
• Affordable on Pocket: Unlike the USA, Australia, and the UK, the tuition fee of an MBA Program at a New Zealand University is quite reasonable. 
• Lucrative Scholarships: New Zealand universities offer merit-based scholarships for international students to study MBA programs. 
• Flexible Duration: The duration of an MBA program in New Zealand is flexible ranging between 1 to 2 years. 
• Enhance Career Opportunities: An MBA program, from a New Zealand University, is great for a career as the country is home to top multinational organizations. 
   

 Popular Universities for MBA in New Zealand 

According to the QS World Rankings of 2023, here is the list of top universities in New Zealand to study an MBA Program: 

Standard Eligibility Requirement to Study MBA in New Zealand 

The entry requirements to study in New Zealand are quite stringent compared to the study destinations like UK and Australia. Here are the standard eligibility criteria for international students. 

• Strong Academic Profile: An applicant must have a three-year bachelor's degree from a recognized university, equivalent to a New Zealand Bachelor’s degree with a minimum of 60% and above. 
• Relevant Work Experience: Majority of the New Zealand universities require a minimum of 3 to 5 years of work experience in the relevant field to secure admission to the Executive MBA program. 
• English Language Proficiency: Students must have a valid TOEFL or IELTS score with an overall band of 6.5. or equivalent for MBA programs.
   

 Cost of an MBA Program in New Zealand  

• Tuition Fees: The tuition fee for an MBA degree in New Zealand ranges between NZ$30,000 to NZ$55,000 depending on the university ranking and the chosen specialization. 
• Living Expenses: The living expenses to study in New Zealand are NZ$20,000. Popular student cities like Auckland and Christchurch are expensive, whereas Napier, Hamilton, and Plymouth are affordable student cities for Higher Education in New Zealand.
   

Scholarships for MBA 

New Zealand Universities offer scholarships to deserving candidates to study for an MBA degree. These scholarships are limited and require a strong academic profile to qualify for the same. 

Here is the list of some of the popular scholarships for an MBA in New Zealand: 

• New Zealand Commonwealth Scholarships 
• New Zealand Excellence Awards 
• Victoria Tongarewa Scholarship 
• Wellington International Excellence Scholarship 
• MBA awards by Massey University

Internships and Part-Time Work Options 

• Selected Universities offer 8 to 13 weeks of internship opportunities to the students after the completion of an MBA Degree. 
• International Students are allowed to work part-time for up to 20 hours during weekdays whereas for 40 hours during holidays. 
   

 Post-Study Work Visa 

The New Zealand government offers international students an opportunity to stay and work after the successful completion of their MBA Program. The post-study work visa is valid for up to 3 years. 

During this period, international students can work in the country and gain international exposure. So, if you aim to study MBA in New Zealand, connect with KC’s New Zealand Experts. 

KC Overseas Education is one of the leading overseas education consultants across Asia that assists students in securing admission to international universities. With over 65+ offices in 11 countries, we assist aspirants across South Asia. 

Right from short-listing of the university to visa processing, our expert counsellors will take care of everything. Book a free consultation with us NOW!
 

FAQs

Q1 – What are the perks of pursuing an MBA in New Zealand?

Answer – Some of the perks of pursuing an MBA in New Zealand are flexible course duration, affordable tuition fees, lucrative scholarship options, and enhanced career opportunities. 

Q2 – Which are the popular universities for pursuing MBA in New Zealand?

Answer – Top universities to pursue an MBA in New Zealand are the University of Auckland, Victoria University of Wellington, the University of Canterbury, Massey University, Lincoln University, the University of Waikato, and Auckland University of Technology.

Q3 – What is the Cost of an MBA Program in New Zealand?

Answer – The tuition fee for an MBA degree ranges between NZ$30,000 to NZ$55,000 depending on the university ranking and the chosen specialization. The average living expense is NZ$20,000.

Q4 – Are there any scholarships for MBA in New Zealand?

Answer - Some of the popular scholarships for an MBA in New Zealand are New Zealand Commonwealth Scholarships, New Zealand Excellence Awards, MBA awards by Massey University, Victoria Tongarewa Scholarship and Wellington International Excellence Scholarship.  

Q5 – What are the work experience requirements for MBA in New Zealand?

Answer - You need to have relevant managerial work experience of 3 to 5 years or more for an MBA in New Zealand or you can choose to apply for a Master of Business which will not require any work experience.