A Comprehensive Guide to Study MBA in New Zealand
New Zealand is fast becoming a favorite destination for studying abroad amongst students who wish to pursue higher studies. It is a country famous for its world-class education system which has international recognition. There are great prospects for growth and development in New Zealand.
There are various degrees available at the Universities in New Zealand like Bachelor’s, Master’s, and MBA in different specializations. In this blog post, we will be focusing on the important facts associated with MBA studies in New Zealand.
Master of Business Administration can be considered a degree that can open doors for a successful career in the corporate world for you. New Zealand, which is home to some of the best universities offering an MBA degree, enjoys a good reputation worldwide.
Why Choose MBA in New Zealand
There are reasons why international students prefer to study for an MBA in New Zealand over other places to study. New Zealand is a place to study for an MBA in New Zealand because it has good schools and you can learn things that you can really use when you work. You can also get a job in countries after you finish studying for an MBA in New Zealand.
1. Good Universities
The universities where you can study for an MBA in New Zealand are known by people around the world and are some of the best schools. The MBA programs at these universities are designed to help you learn what you need to know to work in business in the world.
2. Learning by Doing
One of the things about studying for an MBA in New Zealand is that you get to learn by doing things. The universities where you can study for an MBA in New Zealand focus on real life examples, projects, internships and working with people in business.
3. Lower Costs
MBAs are less expensive than other countries like New Zealand.
4. Work After You Finish
New Zealand is a place to study for an MBA in New Zealand because after you finish you can stay and work. This is an advantage for students who want to study for an MBA in New Zealand.
5. Nice Place to Live
New Zealand is a nice place to live because it is peaceful has beautiful scenery and people from many different cultures live there. Students who study for an MBA in New Zealand like the fact that they can have a balance between school and their personal life.
6. Get a Good Job
After you finish studying for an MBA in New Zealand you can get a job in different fields such as money, marketing, consulting, technology, healthcare and working with other countries. Studying for an MBA, in New Zealand can really help you get a job.
University of Auckland
University of Otago
University of Waikato
Massey University
Victoria University of Wellington
University of Canterbury
Lincoln University
Auckland University of Technology & many more
Standard Eligibility Requirement for Studying MBA in New Zealand
The eligibility criteria for studying in New Zealand is quite tough as compared to other popular study destinations such as UK & Australia. Below are some of the eligibility criteria for international students for studying in New Zealand.
Academic Achievement: The candidate should have a bachelor’s degree of three years duration from a recognized university having a minimum grade of 60 percent and above, equivalent to that of a New Zealand Bachelor’s degree.
Work Experience: When it comes to work experience to get into an Executive MBA course, you typically need 3 to 5 years of experience in your field.
English Language Ability: You are required to demonstrate your proficiency in English to pursue an MBA. For the TOEFL test, you need a minimum score of at least 90. You need to get a minimum of 6.5 in IELTS.
Cost of MBA Education in New Zealand
Cost of Tuition Fee: The cost of tuition fee of MBA education in New Zealand depends on the university's standing in the rankings as well as the area of specialization selected and is somewhere around NZ$30,000 to NZ$55,000.
Cost of Living: Cost of living expenses during MBA education in New Zealand is around NZ$20,000. Expensive student cities are Auckland and Christchurch, and cheaper student cities include Napier, Hamilton, and Plymouth.
New Zealand is great for students who want to study for a master's degree like an MBA. The country offers a lot of money to students who deserve it making it easier for them to study for an MBA, in New Zealand.
Here is the list of some of the scholarships for an MBA, in New Zealand:
New Zealand Commonwealth Scholarship
New Zealand Excellence Awards
Victoria Tongarewa Scholarship
Wellington International Excellence Scholarship
University of Waikato’s Vice Chancellor’s International Excellence Scholarship
MBA Award by Massey University
Key Points to Remember when you apply for Scholarships
You need to remember that Scholarships are very competitive. Most of the time you need to have an academic record, some professional achievements, and sometimes you need to show that you have leadership potential, you can also combine Scholarships with part-time work to help you with your expenses when you are studying in New Zealand.
Internships and Part-Time Work Options
Some Universities give students the chance to do internships that last from 8 to 13 weeks after they finish their MBA Degree.
International students can work part-time up to 20 hours per week during the school week. But in summer students can work a maximum of 40 hours.
MBA in New Zealand Job Opportunities After Doing
The MBA in New Zealand can give you great career opportunities in a variety of industries.
Business Analyst
Marketing Manager
Financial Consultant
Operations Manager
Human Resource Manager
Project Manager
International Business Consultant
Supply Chain Manager
Average Salaries After MBA
When you finish your Master of Business Administration, you can get a salary. Exact job opportunities after MBA in New Zealand are based on work experience and major field.
Entry level MBA jobs salary: ~ NZ$60k - NZ$80k per year
Mid-level MBA jobs salary: ~ NZ$90k - NZ$120k per year.
Management Master of Business Administration roles: you can earn New Zealand Dollars 150,000 or more every year
New Zealand is a great place to do your MBA because the economy is growing and it is easy to do business. This makes doing an MBA in New Zealand a good investment, for students who come from other countries.
Post Study Work Visa
The New Zealand Government offers options to international students to extend their stay in New Zealand for employment purposes post-study through the Post Study Work Visa.
Foreign students have the option of working in New Zealand for three years under the Post Study Work Visa.
This would mean that foreign students will be able to work and gain international exposure during their stay in New Zealand. Hence, if you are interested in doing your MBA in New Zealand, then contact our experts at ISMS Global Education.
FAQs:
1. Why should I choose an MBA in New Zealand?
Education is recognized worldwide; tuition fees are affordable, with multiple career opportunities after finishing your studies.
2. What is the duration of an MBA in New Zealand?
The MBA programs in New Zealand usually take around 12 to 18 months to complete.
3. Is work experience required for an MBA in New Zealand?
When I was looking into it, I found that many universities like it if you have some work experience before you start your MBA. Some institutions are okay, with you not having any experience, so that's good to know if you're just starting out.
