MBA in New Zealand Admission: University, Cost, And Scholarships

New Zealand 4,969 Views Updated On Dec 26, 2024 7:58 AM IST
MBA In New Zealand

Wondering why MBA from New Zealand graduates are catching the eye of recruiters globally? MBA in New Zealand programmes have received prestigious accreditations like AMBA, EQUIS, and AACSB which is their USP.

According to the Career Outcome Survey, graduates passed out from renowned MBA colleges in New Zealand have secured high-paying jobs within 6 months of graduation.

But where to start? Keep reading to uncover everything you need to know about studying MBA in New Zealand with the overseas educational experts of The Student Helpline!

An Overview Of MBA In New Zealand

The Report on International Educational Exchange 2024 states that 30% of 6,000 students from India are enrolled in MBA programs in New Zealand. Moreover, all the universities in New Zealand are government-funded and are accredited by the New Zealand Qualifications Authority (NZQA).

Before applying for an MBA in New Zealand programme, students should be aware of the following important figures and facts.

Factors Overview
Duration 2 years
MBA in New Zealand Acceptance Rate 55% (based on applications received in 2022-24)

New Zealand MBA Fees

INR 15,50,000 (NZD 32,259) per year
Salary After MBA in New Zealand INR 40,84,057 (NZD 85, 000) per year
Average Cost of Living in New Zealand INR 16-28L per year
New Zealand Intake Intake 1: February to June Intake 2: July to November
Standardized Test Score Requirements GRE/GMAT
Placement Rate 87%
Top Recruiters Of MBA in New Zealand Graduates Ernst & Young, Hays, Hudson, Robert Walters Group
Best MBA Colleges in New Zealand Eastern University Of Technology Massey University Victoria University Of Wellington Auckland Institute Of Studies
Top MBA Specializations In New Zealand Supply Chain Business Analytics Human Resource Project Management
Types Of MBA Programme In New Zealand Full-time MBA Part-time MBA
  • Online MBA
  • Executive MBA

Table 1: Overview of MBA in New Zealand for Indian Students

(Source: Study With New Zealand.gov, QS Quacquarelli Symonds Limited, Ministry of External Affairs India, New Zealand Ministry of Foreign Affairs and Trade)

Best MBA Colleges In New Zealand For Students

With access to startup resources and innovation centres, MBA universities in New Zealand place a strong emphasis on entrepreneurship.

List of 8 Best MBA Universities in New Zealand (Updated List)

  1. University of Auckland(Ranking: #65)
  2. University of Otago(Ranking: #214)
  3. University of Waikato(Ranking: #235)
  4. University of Massey(Ranking:#239)
  5. Victoria University of Wellington(Ranking: #244)
  6. University of Canterbury(Ranking: #261)
  7. Lincoln University (Ranking: #371)
  8. Auckland University of Technology (Ranking: #412)

MBA Admission Requirement For Indian Students In New Zealand

When it comes to qualifying requirements, New Zealand university's admission committees are quite vigilant. To determine if you are qualified to study in New Zealand, make a note of the MBA New Zealand admission criteria.

List of Admission Requirements To Study MBA in New Zealand:

  • 3-5 years of work experience (relatedto course)
  • An undergraduate degree with a minimum of 65% score
  • Standardized Test scores:
  • GRE: 300+
  • GMAT: 550+
  • English Language Test scores:
  • IELTS: 6.5 and above band score
  • TOEFL iBT: 90 and above
  • PTE: 60 and above
  • Cambridge English: 176 or above

Documents Required For MBA In New Zealand

List of documents required to study MBA in New Zealand:

  • A valid passport
  • Complete application form
  • Recent Passport-sizephotos
  • A Statement of Purpose (SOP)/ Personal Statement
  • Original and authentic previous year’s academic transcripts
  • Letter of Recommendation (LOR)
  • CV/Resume
  • English Language Proficiency Proof
  • Proof of financial funds

Best MBA Courses In New Zealand

Approximately 90% of MBA graduates from New Zealand institutions find employment within six months of earning their degree, according to the Graduate Outcomes Survey. With flexible formats including online and hybrid learning, the majority of MBA programs in New Zealand last between one and two years and provide both full-time and part-time study alternatives.

List of Top MBA Specialization in New Zealand

S.No. MBA Specialization Tuition Fees (INR) Universities Offering
1 MBA in Finance INR 20 lakhs - INR 35 lakhs
  • University of Otago
  • University of Auckland
2 MBA in Marketing INR 19 lakhs - INR 34 lakhs
  • University of Otago
  • Auckland University of Technology
3 MBA in International Business INR 21 lakhs - INR 37 lakhs
  • Victoria University of Wellington
  • University of Canterbury
4

MBA in Project Management

INR 19 lakhs - INR 33 lakhs
  • Auckland University of Technology
  • University of Canterbury
5 MBA in Supply Chain Management INR 23 lakhs - INR 38 lakhs
  • University of Otago
  • Auckland University of Technology
6 MBA in Business Analytics INR 25 lakhs - INR 40 lakhs
  • University of Auckland
  • Victoria University of Wellington

Table 2: Top MBA specializations popular among students to pursue in New Zealand in 2025-26

Most Affordable New Zealand B-Schools For MBA

Below is the list of affordable B-schools in New Zealand to pursue an MBA, take a look:

S.No. 5 Most Affordable B-Schools In New Zealand Annual Tuition Fees
1. University Of Waikato INR 3L
2. University Of Auckland INR 2L
3. University Of Otago INR 3L
4. Auckland University Of Technology INR 2L
5. Southern Institute Of Technology INR 1.9L

Table 3: Affordable MBA universities for Indian Students and their annual tuition fees

Scholarships For Students Pursuing MBA In New Zealand

As with most universities, top MBA colleges in New Zealand offer scholarships to international students. Check out the list of top of them:

List Of Scholarships To Pursue MBA In New Zealand For Indian Students

  1. Manaaki New Zealand Scholarship (fully- funded scholarship: tuition, travel, health insurance)
  2. Jae M Klausman Women in Business Scholarship (INR 5,94,667)
  3. Richard A Freud International Scholarship (INR 4,24,762)
  4. QS Scholarship For Academic Excellence (INR 8,49,525)
  5. University of Auckland Business School Scholarship (INR 8,49,525)
  6. Victoria University of Wellington Scholarships (INR 16,99,050)

Career Opportunities After MBA in New Zealand for Indian Graduates

The average salary in New Zealand after an MBA is INR 50,32,999. Students can apply for various sectors and can serve as managers, consultants, marketing experts, and much more.

S.No. Highest Paying Job Roles Average Annual Salary
1 Project Manager INR 45L
2 Business Analyst INR 57L
3 Investment Banker INR 60L
4 Digital Marketing Specialist INR 48L
5 Business Development Manager INR 50L
6 Financial Analyst INR 55L
7 Logistics Manager INR 52L

Table 4: Highest-paying job roles and average annual salary of an MBA student in New Zealand.

(Source: Indeed, Glassdoor)

Part-Time and Post-Study Work Visa Options For MBA Graduates In New Zealand

To help students reduce financial burdens, MBA colleges in New Zealand allow international students the opportunity to work part-time.

  • Part-Time- If you are enrolled in Resident Visa Application, you are eligible to work 20 hours per week part-time and full-time during holidays.
  • Post-Study- To work in New Zealand after completing your MBA, you can apply for a Post-study work visaand work for up to 3 years after your MBA degree in New Zealand.

Cost Of Living In New Zealand

The average cost of living in New Zealand for students is around INR 16,99,050 (NZD 20,000) to INR 28, 78,670 (NZD 28,000) per year. Figure 1 illustrates the monthly breakdown of expenses where utilities is INR 7K-10K, Travel INR 5K-7K, rent is INR 50K to 1L, and food expense is INR 20K-30K,

Expense Breakdown of a student studying in New Zealand

Fig 1: Expense Breakdown of a student studying in New Zealand.

(Source: Studywithnewzealand.Govt.Nz, Stats.Govt.Nz & Numbeo)

Best Cities To Pursue MBA in New Zealand For Students

The best cities in New Zealand for students to pursue MBA are Auckland, Wellington, Christchurch, and Dunedin because they offer great networking opportunities, affordable living while maintaining high academic standards, and a growing need for skilled employees, which makes them perfect for post-MBA employment opportunities.

City Top Recruiters Hiring MBA Graduates Approximate Cost of Living Top MBA Universities
Auckland
  • AFT Pharmaceuticals
  • KPMG
  • Deloitte
  • EY
INR 2.6L per year University of Auckland, Auckland and University of Technology (AUT)
Wellington
  • Ministry of Business, Innovation & Employment
  • PwC
  • EY
INR 2.1L per year Victoria University of Wellington
Dunedin
  • Fisher & Paykel Healthcare
  • University of Otago
  • HWR Group
INR 86.1K per year University of Otago
Palmerston North
  • AgResearch
  • Tegel Foods
  • Palmerston North City Council
INR 1.53L per year Massey University

Table 5: New Zealand's Top Cities To Pursue MBA Programs based on networking, cost of living, and rising employment.
(Source: Study in New Zealand, Glassdoor)

Concluding MBA In New Zealand For Indian Students

Do you wish to give your dream of pursuing an MBA in New Zealand wings? Are you concerned about which top MBA college in New Zealand best suits you?

The Student Helpline consultants will assist you with your study in New Zealand dream by shortlisting the right course, assisting with the best scholarship options, applying for a Visa and a lot more. Reach us now.

Frequently Asked Questions Regarding MBA In New Zealand

What Exams Are Required To Do MBA In New Zealand?

GRE, GMAT, IELTS, TOEFL, PTE, or Cambridge English are the exams you need to clear to enroll at New Zealand University. Following is the minimum score requirement for these exams:

  • GRE: 300+
  • GMAT: 550+
  • IELTS: 6.5 and above band score
  • TOEFL iBT: 90 and above
  • PTE: 60 and above
  • Cambridge English: 176 or above

Is Work Experience Necessary To Do An MBA In New Zealand?

Yes, a minimum of 3 years of work experience is necessary to do an MBA in New Zealand from a recognized university. However, Lincoln University and the University of Ortago offer MBA programmes without work experience.

Which Is A Fully-funded Scholarship To Study In New Zealand?

Manaaki New Zealand Scholarship is a fully paid international scholarship to study in New Zealand by the Ministry of Foreign Affairs. International students are free to attend any university in New Zealand as this scholarship value covers all living expenses, travel expenses, medical insurance, and tuition.

How Many Semesters Are There In An MBA From New Zealand?

There are 4 semesters in a full-time two year MBA programme in New Zealand. However, this may vary depending on the type of MBA and specialization you are opting for.

Does New Zealand Allow MBA Students To Work Part-time?

Yes, international students are eligible to work 20 hours per week part-time and full-time during holidays to help reduce financial burdens.

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About the Author
Krishna
Written by Krishna Krishna Study Abroad Expert