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.
- New Zealand has QS world-ranking MBA universities.
- The study programs include excellent research and extracurricular activities.
- There is a flexible and diverse education system and eligibility.
- Students have access to affordable tuition fees for a quality education.
- There is a government-linked education system and the best-accredited institutions.
- Students love the beauty, nature, and culture of New Zealand.
- New Zealand is welcoming to international students. It is the second safest country in the world and has a low crime rate.
- Students can apply for a post-study work permit and permanent residency.
Types of MBA Programs in New Zealand
- 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.
- 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.
- 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:
- Bachelor’s degree or equivalent professional qualification with a B minus grade average
- GMAT score of 550
- Academic transcripts
- IELTS overall score 6.5
- 5 years of work experience
- Statement of purpose
- Letter of recommendation from previous recruiters and teachers
- Proof of employment in CV
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.
- Executive MBA: Executive MBA is study with work experience. It is corporate and professional. This program spans around 12 to 24 months.
- 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.
- 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
- New Zealand is known for its high-quality teaching and curriculum. This quality stays strong in one-year courses.
- These are accelerated courses for students looking for a fast-paced business career.
- These study programs are integrated to acquire hands-on business skills in one year.
- The one-year program in New Zealand has global recognition.
- 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:
- University of Waikato – INR 16,25,732 (NZD 31198): It offers an excellent education framework and creates community leaders.
- Lincoln University – INR 17,78,070 (NZD 34121): The MBA program has an international focus and business world competence.
- 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.
- 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
- Offer letter from institution
- Medical health checkup
- Proof of complete funds for tuition fees in bank statements
- Travel and medical insurance
- Proof of academic potential to study in the course
- Proof of Identity
- Proof of air tickets
- 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.
- Your course must be 120 credits
- Your course has 8 months of 2 semesters
You can work for 20 hours a week in a full-time course.
- Your course must be a minimum of 2 years.
- 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.