The Masters in Business Administration, or MBA, is a worldwide recognized course that is a premium qualification for academically rigorous and ambitious individuals. Getting an MBA is more than just a way to gain a set of professional abilities; it’s a life-changing event. It is a transitional period in which individuals’ education and general personality are enhanced, preparing them to become professional leaders and smart decision makers in the future.
Eligibility Criteria for MBA Program in New Zealand
Candidates must have three to four years of relevant work experience in their field of study (may vary according to university)
TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System) results are required for international students and non-native English speakers.
International students may also be required to submit their GMAT or GRE scores, depending on the university and subject they have chosen.
The total length of the MBA program in New Zealand varies based on the university and the course chosen.
Following are the English proficiency test you can consider for pursuing MBA in New Zealand:
- IELTS: 6.5
- TOEFL: 90
- PTE: 58
Tuition Fees to Pursue MBA in New Zealand
The tuition fees to pursue MBA in New Zealand would depend on factors like the university you choose, the program you select. Most colleges have tuition fees ranging between $26,000 and $37,000. However, fees would be higher for courses like medicine and veterinary science.
Types of MBA Program in New Zealand
General MBA- Intended for students who desire to get a head start in the corporate world by accelerating their career into a management position. The program is available in two formats: a standard two-year full-time program and a one-year fast track program.
Executive (EMBA)- This program is typically taken by individuals with extensive work experience who desire to develop their careers or prepare for the demands of C-level positions.
Specialist MBA- Ideal for individuals with some managerial experience who want to advance in a specific field.
MBA via Distance Learning- Ideal for people who are unable to attend a full-time program or who are seeking a more cost-effective option.
Why Choose New Zealand for an MBA?
As a business education location, New Zealand provides a diverse choice of MBA programs as well as long-term job options. Professionals interested in becoming aspirational managers should consider obtaining a Masters in Business Administration in New Zealand, which offers high-quality education, inexpensive courses, and a strong economy. Students seeking higher education in New Zealand have the advantage of selecting from a diverse range of programs and schools. Students can choose from hundreds of MBA courses provided across the country by a variety of higher education institutions.
Students who choose New Zealand as their MBA destination can choose between a traditional MBA program that focuses on general management or specialised MBA programs that focus on particular industries such as healthcare management, consulting, and logistics.
Top B-Schools in New Zealand
Following is the list of best business schools in New Zealand that offers top MBA programs in New Zealand:
- National Tertiary Education Consortium
- Auckland Institute of Studies
- Southern Institute of Technology (SIT)
- Manukau Institute of Technology
- The International Academy of New Zealand
- Bay of Plenty Polytechnic
- University of Waikato
- Eastern Institute of Technology Hawkes Bay
- Vision College
- University of Auckland
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Average Median Salaries for MBA Graduates in New Zealand
- Chief Executive Officer (CEO): NZ$167,210
- General / Operations Manager: NZ$89,151
- Operations Manager: NZ$89,541
- Account Executive: NZ$59,583
- Accountant: NZ$64,260
- National Sales Manager: NZ$115,022
- Business Development Manager: NZ$69,389
Top Industries to Choose (Post MBA)
- Data Analytics
- Medical and health services
- Investment Banking
Post Study Stay Back Options
There is one possibility for someone who wants to stay in a beautiful area like New Zealand after finishing their studies. After completing your studies in New Zealand, you can apply for a specific visa to work in the country and stay in the country after graduation. There are numerous job prospects in New Zealand, making it simple for international students to obtain a work visa and return to the country. Foreign students who have completed their education in New Zealand are permitted to gain additional experience in the country in various occupations connected to their study disciplines. In New Zealand, there are a variety of immigration rules. These specifically include a post-study means of working for international students searching for a way to continue in New Zealand once their studies are over.