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Study MBA in New Zealand for Indian Students

New zealand has strong educational foundations for international students. New Zealand is one of the safest and most popular international study destinations. The programs and education system are government-assured. In 2024, New Zealand received 24,541 international student visa applications, out of which 15,242 were approved (Source).

Colleges in New Zealand have world recognition, official accreditation, and affordable tuition fees. Students find their interests in both theory and hands-on study techniques. This blog will guide MBA in New Zealand for Indian students through the colleges, fees, and job salaries to find the right college and job.

Highlights: MBA in New Zealand for Indian Students

Eligibility for MBA Colleges 3 years of Work experience, TOEFL/ IELTS, GMAT, GRE 
MBA course duration 1 to 3 years
Average Tuition Fee NZD 34,800 to NZD 66,700 (INR 18 to 34 lakhs)
Career Prospects Marketing manager, Financial analyst, HR manager, Operations manager
Specializations Entrepreneurship, Supply chain management, Accounting, Tourism management
Average Salary INR 27 to 90 lakhs
Scholarships / Internships Offered by University
Living Cost 85,000 rupees

Why Pursue an MBA in New Zealand?

There is a wide range of programs and a diverse curriculum in New Zealand. New Zealand is warm, safe, and welcoming to its international students.

  1. New Zealand has QS world-ranking MBA universities.
  2. The study programs include excellent research and extracurricular activities.
  3. There is a flexible and diverse education system and eligibility.
  4. Students have access to affordable tuition fees for a quality education.
  5. There is a government-linked education system and the best-accredited institutions.
  6. Students love the beauty, nature, and culture of New Zealand.
  7. New Zealand is welcoming to international students. It is the second safest country in the world and has a low crime rate.
  8. Students can apply for a post-study work permit and permanent residency.

Types of MBA Programs in New Zealand

  1. Full-Time MBA: It gives a comprehensive look into the business market.  Full-time MBA provides a global perspective while studying full-time. It gives you top insights from global leaders and teachers. You have hands-on experience working with professionals. You work in case studies and multicultural potential for business.
  2.  Part-Time MBA: If you want to continue working as a professional, you can study part-time. Part-time mba spans longer than a full-time MBA. Part-time MBA graduates are less likely to gain a scholarship than full-time students. 
  3. One-Year MBA: This is an accelerated program for students who want to work after the MBA course. The program’s duration is one year. Students acquire quality business skills and curriculum. 

Top MBA Colleges in New Zealand 2024

MBA colleges in New Zealand are accredited and prestigious. They create future leaders and business professionals in the emerging business world. New Zealand MBA rankings as per QS global rankings are:

QS MBA Ranking University Tuition Fees
68 University of Auckland 37,895 NZD

or  19,25,056 INR

214 University of Otago 32620 NZD or 16,57,968 INR
235 University of Waikato 64,945 NZD or

33,00,405 INR

239 Massey University 51,500 NZD or

26,18,887 INR

244 Victoria University of Wellington 66,700 NZD or

33,89,981 INR

261 University of Canterbury 58,500 NZD or

29,72,969 INR

412 Auckland University of Technology 40,000 NZD or

20,32,467 INR

University of Auckland

The university had three accreditations and the largest number of students in the country. The average GPA requirement is 7.0.

Address 34 Princes St, Auckland CBD, New Zealand
Year Founded 1883
Tuition Fees 37,895 NZD/19,25,056 INR
QS Ranking 68
Programs offered Business Analytics, Business Management, Marketing,

 General MBA

Phone number  +6493737999
Official Site https://www.auckland.ac.nz/en.html
Exams required IELTS, GPA

University of Otago

Otago Business School is ranked first in New Zealand. Otago MBA has an integrated curriculum of business theories and live cases.

Address 362 Leith St, Dunedin North, New Zealand
Year Founded 1869
Tuition Fees 32620 NZD/16,57,968 INR
QS Ranking 214
Programs offered Business, Marketing, Finance, International 

Business, General MBA

Phone number  +6434797000
Official Site https://www.otago.ac.nz/contacts
Exams required GMAT, GRE, IELTS, GPA

University of Waikato

Waikato creates leaders with professional potential within organizations. It equips students with economic strategies and challenge-facing ability.

Address Hillcrest Road, Hillcrest, Hamilton, New Zealand
Year Founded 1964
Tuition Fees 64,945 NZD/33,00,405 INR
QS Ranking 235
Programs offered Digital Business, Marketing, Applied Finance, 

Management, General MBA, Accounting

Phone number  +6478562889
Official Site https://www.waikato.ac.nz/int/study/international/
Exams required IELTS, GPA, letters of reference

Massey University

Massey University has about 27,533 students. It is a multicultural university with students from 130 countries. It is an accredited institute by the International Association of Distance Learning.

Address Tenant Drive, Massey University, Palmerston North, New Zealand
Year Founded 1928
Tuition Fees 57,800 NZD/26,18,887 INR
QS Ranking 239
Programs offered Business Studies, Executive, Finance, 

Management, General MBA, 

Phone number  +64 800627739
Official Site https://www.massey.ac.nz/
Exams required IELTS, GPA

Victoria University of Wellington

Victoria University of Wellington offers research. It creates global business leaders. It is ranked in the QS MBA rankings.

Address Kelburn Parade, Wellington, New Zealand
Year Founded 1897
Tuition Fees 45,000 NZD/33,89,981 INR
QS Ranking 244
Programs offered Executive MBA

 

Phone number  +64 44721000
Official Site https://www.wgtn.ac.nz/
Exams required IELTS, GPA

University of Canterbury

The courses enhance business skills for jobs and the world. Students gain successful careers in management and business.

Address Kirkwood Avenue, Upper Riccarton, Christchurch, New Zealand
Year Founded 1873
Tuition Fees 39,000 NZD or 29,72,969 INR
QS Ranking 261
Programs offered Business, Accounting, General MBA, 
Phone number  +64 3369399
Official Site https://www.canterbury.ac.nz/
Exams required English Proficiency

Auckland University of Technology

The students of AUT have successful careers shaped by the modern learning curriculum. It is your key to advance in business.

Address 55 Wellesley St, Auckland CBD, New Zealand
Year Founded 2000
Tuition Fees 40,000 NZD or 20,32,467 INR
QS Ranking 412
Programs offered Business, Marketing, Applied Finance, 

Management, General MBA, Accounting

Phone number  +6499219999
Official Site https://www.aut.ac.nz/
Exams required IELTS, GPA, Aptitude test

Eligibility for MBA in New Zealand

Every MBA college has variable eligibility criteria and required documentation. This includes previous degrees, previous institutions, and academic transcripts.  MBA in New Zealand requirements are as follows:

How Long is an MBA in New Zealand?

Most Full-time MBA programs are two years. MBA duration in New Zealand is much more flexible for a fast career.

  1. Executive MBA: Executive MBA is study with work experience. It is corporate and professional. This program spans around 12 to 24 months.
  2. Part-Time MBA: If you want to continue working as a professional, you can study part time. Part-time MBA spans longer than Full-time MBA, around 2 to 3 years.
  3. Accelerated MBA: This MBA program is flexible; a two year full-time study is designed to be completed in 12 months. 

1 Year MBA in New Zealand

  1. New Zealand is known for its high-quality teaching and curriculum. This quality stays strong in one-year courses. 
  2. These are accelerated courses for students looking for a fast-paced business career. 
  3. These study programs are integrated to acquire hands-on business skills in one year. 
  4. The one-year program in New Zealand has global recognition. 
  5. Tuition fees start from 30,000 NZD to 60,000 NZD.

Cost of Studying MBA in New Zealand for Indian Students

The cost of an MBA in New Zealand depends on individual lifestyles, location, and expenses. Below given figures are average amounts.

Tuition Fees

Average tuition fee in New Zealand is INR 18 to 34 lakhs (NZD 34500 to 65246). New Zealand has some affordable options for MBA programs for international students.

Living Cost

Average monthly living cost in New Zealand is 86,233 to 1,38,096 Indian rupees (NZD 1655 to 2650). The annual cost of living in New Zealand for MBA students is INR 10 to 13 lakhs (NZD 20000 to 25000)

Expenses Cost INR
Food 19,300 ( NZD 370) 
Accommodation 76,202 (NZD 1460) 
Transport 3556 (NZD 68) 
Miscellaneous 10160 (NZD 193) 

Read more in detail: How Much Money Is Required to Study in New Zealand?

Cheapest MBA in New Zealand for Indian Students

Universities offering affordable yet quality New Zealand MBA are:

  1. University of Waikato – INR 16,25,732 (NZD 31198): It offers an excellent education framework and creates community leaders.
  2. Lincoln University –  INR 17,78,070 (NZD 34121): The MBA program has an international focus and business world competence.
  3. Massey University –  INR 8,63,635 to  30,47,925 (NZD 16570 to 58740): It provides students with business practice and management competence at affordable cost.
  4. Auckland University of Technology –INR 10,16,075 to 25,40,009 (NZD 19498 to 48700): MBA program is flexible and prepares students for the complex business world. 

MBA Scholarships in New Zealand for Indian Students

MBA in New Zealand with Scholarship has certain criteria. They are based on financial need, community work, academics, etc. Selections are based on academic excellence, leadership, and work experience.

Scholarship Value Criteria
New Zealand Commonwealth Scholarship Tuition fees, travel, and living cost Academic performance, IELTS/TOEFL, dedication to national economy and society
Manaaki New Zealand Scholarship Full tuition fee, health insurance, airfare, and living cost Leadership, academic excellence, extracurricular achievements, and career
University of Waikato Scholarship 2,500 to 15,000 NZD  University global ambassador, academic achievements
Victoria University of Wellington Business School Scholarship 5,000 NZD to 10,000 NZD  Personal statement for choosing Wellington, academic goals, leadership positions and previous institution participation, offer letter from University
University of Auckland International Student Excellence Scholarships 10,000 NZD Grade point 6.0, quality of letter application, academic excellence, endorsement by referee

MBA Specializations in New Zealand

MBA in New Zealand involves high-quality teaching, practical methods, theory, and research. Many MBA specializations are in demand in New Zealand. 

1) MBA in Aviation Management: It brings students to Aviation Operations. Such professionals are in demand for air transportation. 

Relevant Profiles: Airline manager, aviation screening officer 

Tuition Fee: NZD 41,000 (INR 21 lakhs)

2) MBA in Business Analytics: These individuals study business data and data management. The process involves statistics, information technologies, and predictive analysis. 

Relevant Profiles: Data Scientist, Analytics Consultants

Tuition Fee: NZD 71,120 (INR 37 lakhs)

3) MBA in Digital Marketing: Students learn marketing and management combined with digital marketing. They get familiar with digital marketing technologies and business. 

Relevant Profiles: Marketing Manager, Social Media Manager

Tuition Fees: NZD 20338 (INR 1012062)

4) MBA in Finance Management: It is a specialized knowledge in finance and analytics. It studies finance markets, corporate finance, and investment. It involves finance statements, asset finance, and finance monitoring. 

Relevant Profiles: Investment Banker, Finance Analytics

Tuition Fees: NZD 47974 (INR 25 lakhs)

5) MBA in HR Management: HR manages the workspace activities, recruitment, orientation, and management of employees. 

Relevant Profiles: HR Analytics Specialist, Talent Acquisition Manager

Tuition Fees: NZD 30000 (INR 15 lakhs)

Visa Application and Work Permit

Student visas in New Zealand can be issued for up to 4 years. With the visa, you can work part-time or full-time on holidays.

Document Checklist

  1. Offer letter from institution
  2. Medical health checkup
  3. Proof of complete funds for tuition fees in bank statements
  4. Travel and medical insurance
  5. Proof of academic potential to study in the course
  6. Proof of Identity
  7. Proof of air tickets
  8. Intentions to abide by conditions in the student visa

How To Apply for a New Zealand Student Visa?

The online Visa application fee is 430 NZD. The paper visa application fee is 440 to 485 NZD. You need to prepare the necessary documents for upload. 

The steps to apply for an online student visa are:

  • You can apply online on the Immigration New Zealand website under Fee Paying Student Visa. You must have a RealMe sign-up to start with. 
  • Upload the required documents in the correct file size and PDF format.
  • Pay the application fee with MasterCard, Union Pay, or Debit card. 
  • Apply. Now, you will receive an email. When your visa is finalized, you will be informed.

Post-Study Work Permit in New Zealand

This permit allows students who have recently finished their studies in New Zealand to work for three years. You can work in the field of your course if you are below level 7. The processing time is 6 weeks. 

Qualifications and Eligibility

  • Finished course in New Zealand
  • Level 4 or higher qualification as per New Zealand Qualifications Framework
  • Passport
  • Certificate of Identity
  • One photograph for online application and two photographs for paper application
  • Chest X-ray and medical examination
  • Genuine reasons for studying in New Zealand
  • No criminal Records
  • Copy of Qualification
  • Academic transcript
  • Apply within three of the expiration of your student Visa
  • Proof of funds should be at least 5000 NZD during the application

Jobs and Salaries after MBA in New Zealand

Jobs in New Zealand are in demand. These MBA jobs hold value. New Zealand MBA graduates have a multicultural perspective on business. The popular MBA jobs and MBA salary in New Zealand are:

Position Average MBA salary Job Description
Marketing Manager 41,12,681 INR Marketing managers perform brand management and strategic operations. They bring demand for services and products.
Finance Analyst 35 lakh rupees Finance Analysts study profit-gaining methods, stocks, and bonds. They work in banks or insurance companies.
Human Resources Manager 68 lakhs rupees HR managers handle the administration, recruitment, employees, and planning of the organization.
Supply Chain Manager 43 lakh rupees The supply Chain Manager supervises the production and distribution in cost cost-effective way.

He is involved in consumer business activities.

IT Manager 50 lakh rupees IT management handles information systems and technology. He handles computer systems like hardware.
Operations Manager 43 lakh rupees Operation Manager handles business processes, administration, and strategy. 

FAQs

Is an MBA good in New Zealand for Indian students?

Yes, New Zealand has the top MBA institutions in the world. New Zealand MBA is in much demand for the skills and world-class education. This shows the value of an MBA in New Zealand. 

The entry requirements are flexible in MBA colleges in New Zealand. Jobs also bring career growth and advancement. 

Can I work while studying in New Zealand?

An international student can earn 18 NZD on an hourly basis. You can work full-time if you have studied full-time for one year. 

  1. Your course must be 120 credits
  2. Your course has 8 months of 2 semesters

 You can work for 20 hours a week in a full-time course. 

  1. Your course must be a minimum of 2 years.
  2. Your course must be qualified for level 4. 

Is GMAT required for an MBA in New Zealand?

Not all universities have GMAT requirements. MBA without GMAT is common in New Zealand. Admission requirements in New Zealand are convenient for students. 

What is the duration of the MBA in New Zealand?

New Zealand has accelerated programs of one year for a fast fast-track career. MBA in New Zealand can range from 12 to 24 months. Other MBA programs may range from 15 to 20 months.

Is work experience necessary to do an MBA in New Zealand?

Yes. For top schools, you must have 3 to 5 years of work experience. You will be ineligible to study MBA in New Zealand without work experience. 

How is an MBA in New Zealand compared to other countries?

MBA in New Zealand is more affordable than most countries. It is flexible, high quality, and diverse. It is a safe country for international students.