MBA in New Zealand - Top Universities, Fees & Eligibility 2024

Kasturika Samanta

9 min read

Updated On Aug 09, 2024

The article outlines the top universities, costs, and job prospects for pursuing an MBA in New Zealand. It highlights the eligibility criteria, fees, available scholarships, and potential salaries, making New Zealand an attractive option for MBA studies.

Top New Zealand MBA Colleges
Popular Specializations for MBA in New Zealand
Popular New Zealand MBA Programs
Cost of MBA in New Zealand
Eligibility Criteria for MBA in New Zealand
Scholarships to Study MBA in New Zealand
Job Opportunities After Completing MBA in New Zealand

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MBA in New Zealand provides both full-time executive programs as well as part time ones. The full-time MBA programs are for 2 years and the part-time or fast track takes 1 year. The country has attracted around 30, 000 international students in the first two months of 2024 to study for an MBA in New Zealand.

To pursue MBA in New Zealand international students require a bachelor's degree, 3-4 years of work experience, and an IELTS band score of 6.5+ or equivalent. The majority of business schools in New Zealand charge typically between $35,000 and $67,000 for MBA programs. Let's take a closer look at what it takes to pursue an MBA in New Zealand.

Top New Zealand MBA Colleges

Many New Zealand universities hold prestigious triple accreditation (AACSB, EQUIS, AMBA) ensuring global recognition of their MBAs.

Types of MBA in New Zealand for Indian Students

When it comes to selecting the best MBA colleges in New Zealand, institutions like Victoria University of Wellington, The University of Otago, University of Auckland and Massey University stand out.

Here are some of the New Zealand top universities for MBA with their rankings and admission requirements.

University	QS World University Ranking 2025	Admission Requirements
University of Auckland Business School	68	A relevant bachelor's degree from a recognised university with a GPA/GPE of 5.0 or higher in at least 60 points in the most advanced courses Or completed a postgraduate diploma or masters degree from this University, or equivalent, with a GPA/GPE of 5.0 or higher Or a PhD from this university, or equivalent Or a relevant bachelor's degree and a Postgraduate Certificate in Business from this University with a GPA of 5.0 or higher Have gained at least three years’ relevant management experience English Proficiency test
University of Otago Business School	214	An undergraduate degree (or equivalent or an acceptable level of management experience). A minimum of 3 years' professional / management experience. GMAT score - 550+ /a 'pass' in the Otago MBA Admissions Test. English Proficiency test
University of Waikato	235	A bachelor's degree with at least a B-minus grade average across the 300-level papers, or equivalent professional qualification. At least 3 years' management experience. A detailed CV Two written letters of reference; one from your employer and the other can be from an individual of your choice. English Proficiency test
Massey University	=239	A relevant bachelor’s degree, having achieved at least a B- grade average in the highest level courses, or equivalent. At least 3 years of postgraduate full-time work. Have been selected into the qualification on the basis of the selection process. English Proficiency test
Victoria University of Wellington	244	Equivalent of a Bachelor’s (undergraduate) degree from a recognised institution with at least a B- average A background in a particular subject area may be required or recommended. English Proficiency test Entry is at the discretion of the programme director.
University of Canterbury	284	Any bachelor's degree, or the Postgraduate Diploma in Business Administration, must have been completed with good grades, At least five years' work experience at an appropriate level is required. A special application is also required to enroll. English Proficiency test
AUT Business School	412	A bachelor’s degree/Graduate diploma/relevant professional qualification or professional experience approved to be equivalent to a bachelor’s degree Minimum 5 years of relevant professional experience since gaining the degree or other qualification English Proficiency test Aptitude test and/or interview may be required.

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Popular Specializations for MBA in New Zealand

When the main motive of pursuing an MBA in New Zealand is to secure a good job in the country, international students as well as locals must be aware of the most popular MBA specializations in NZ.

Here's a detailed table that includes the top universities in New Zealand for various MBA specializations along with their approximate costs:

Specialization	Top Colleges/Universities	Approximate Cost (in NZD)	Approximate Cost (in INR)
MBA in Aviation Management	Massey University (Massey Business School)	39,480	20 lakhs
MBA in Business Analytics	University of Auckland Business School	51,619	26.3 lakhs
MBA in Digital Marketing	AUT Business School	54,819	27.9 lakhs
MBA in Finance Management	University of Otago Business School	37,303	19.05 lakhs
MBA in Healthcare Management	Victoria University of Wellington (Wellington School of Business and Government)	31,711	16.19 lakhs
MBA in HR Management	University of Waikato (Waikato Management School)	51,130	26.1 lakhs
MBA in IT	University of Canterbury (UC Business School)	58,500	29.8 lakhs
MBA in Marketing Management	AUT Business School	46,975	23.9 lakhs
MBA in Media Management	Massey University (Massey Business School)	46,300	23.6 lakhs
MBA in Travel and Tourism Management	University of Otago Business School	40,272	20.5 lakhs

Popular New Zealand MBA Programs

New Zealand MBA Programs typically include a broad range of core courses that cover essential aspects of business and management. Here are some of the most common subjects included in an MBA curriculum:

Financial Management and Control
Leading and Managing Change
Marketing Making and Market Shaping
Financial Return, Risk and Valuation
Organizational Leadership
Human Resource Management
Accounting
International Business
Entrepreneurship and Small Business
Business Analytics

Check Out - Best MBA Courses to Study Abroad in 2024

Cost of MBA in New Zealand

The New Zealand MBA fees vary depending on the university and the specific program. On average, the fees for an MBA in New Zealand range from NZD 34,875 to NZD 66,700.

The MBA fees in New Zealand for international students are generally the same as for domestic students, with some additional costs for international services and student amenities. For Indian students, it's essential to understand the New Zealand MBA fees in Indian Rupees, which typically range between INR 17.74 to 33.94 lakhs.

In the table below, the average cost for the top New Zealand best university for MBA are provided.

Colleges in New Zealand	Fees (in NZD)	Fees (in INR)
Victoria University of Wellington	66,700	34,17,027
The University of Otago	63,328	32,44,280
University of Auckland	67,097	34,37,365
University of Waikato	61,270	31,38,850
Massey University	54,700	28,02,270
The University of Canterbury	55,950	28,66,307
AUT University	56,361	28,87,362

Eligibility Criteria for MBA in New Zealand

New Zealand top universities for MBA typically require a bachelor's degree with an aggregate of 80-85%. In addition to IELTS scores for NZ or related language proficiency exams, applicants must demonstrate 3-5 years of relevant work experience.

Although specific requirements may vary slightly between universities, the general MBA in New Zealand eligibility are as follows:

General Eligibility Criteria for MBA in New Zealand

The table below has summarised the eligibility criteria for MBA in New Zealand.

Criteria	Details
Bachelor’s Degree	A recognized undergraduate degree from a reputable institution. Some universities may specify a minimum GPA or class rank.
Work Experience	At least 3-5 years of relevant work experience is often preferred.
English Language Proficiency	IELTS New Zealand: 6.5 overall, with no band less than 6.0, or TOEFL iBT: 90
GMAT/GRE Scores:	Some universities may require GMAT or GRE scores, particularly for candidates without significant work experience or academic qualifications.
Letters of Recommendation	2 letters of recommendation from professional or academic referees
Statement of Purpose (SOP)	A personal statement outlining the applicant’s motivations for pursuing an MBA, career goals, and reasons for choosing the particular university.
Professional Resume	A detailed resume highlighting the applicant’s educational background, work experience, skills, and achievements.
Personal Interview	Some universities may require an interview as part of the admission process. This can be conducted in person or via video conferencing.

Since there are certain criteria prospective students must meet in order to qualify for an MBA in New Zealand, it is recommended to thoroughly research the specific requirements of each university to meet all criteria.

Scholarships to Study MBA in New Zealand

Pursuing an MBA in New Zealand can be a significant financial investment. However, numerous scholarships are available to help international and domestic students manage the costs. These scholarships are offered by universities, government bodies, and other organizations to support students based on merit, financial need, and other criteria.

Government and External Scholarships

In order to ease the financial burden and cover students' costs, the government of New Zealand offers a number of scholarships.

Name of Scholarship	Criteria	Benefits
New Zealand Commonwealth Scholarships	Indian students wishing to apply for a masters or PhD in New Zealand.	Full tuition fees coverage Allowance of NZD 491 per week for living expenses Allowance of NZD 3,000 for setup costs Medical and travel insurance and research cost for postgraduate students
New Zealand Excellence Awards (NZEA)	Indian students enrolling in postgraduate programs, including MBA.	NZD 5,000 towards tuition fees.
Vice Chancellor's International Excellence Scholarship	International students who wish to pursue an undergraduate or postgraduate degree at the University of Waikato, academic merit	NZD 15,000 towards tuition fees

University-Specific Scholarships

Here is a table on University-Specific Scholarships for MBA programs in New Zealand.

University	Scholarship Name	Eligibility	Award
University of Auckland Business School	Dean’s Asia Scholarships in Business	Full-time MBA students from Asian countries	Up to NZD 10,000
University of Auckland Business School	University of Auckland International Business Masters Scholarships	International students in Business Masters programs	Up to NZD 32,000
University of Otago Business School	Otago International Excellence Scholarships	International students with excellent academic records	Up to NZD 10,000
University of Otago Business School	MBA Leadership Scholarships	Demonstrated leadership experience and academic excellence	Partial to full tuition fees
Victoria University of Wellington	Victoria University of Wellington International Excellence Scholarship	High-achieving international students	Up to NZD 10,000
Victoria University of Wellington	Wellington Graduate Award	Graduate students with strong academic records	Up to NZD 15,000
AUT Business School	AUT International Excellence Scholarships	International students with high academic achievement	NZD 7,000
AUT Business School	MBA Scholarships	Merit-based scholarships for MBA students	Up to NZD 10,000
Massey University	Massey University Vice Chancellor’s Excellence Scholarship	High-achieving undergraduate and postgraduate students	Up to NZD 20,000
Massey University	MBA Professional Scholarship	MBA students demonstrating professional excellence	Partial tuition fees

These scholarships offered by New Zealand universities aim to support students financially based on their academic achievements, leadership qualities, and other criteria. It is best to check each university's official website for the most up-to-date information on eligibility criteria and application deadlines.

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Job Opportunities After Completing MBA in New Zealand

The unemployment rate in New Zealand as of the latest data (March 2024 quarter) is 4.3% which indicates a strong job market, meaning there are more job openings available. This increases the chances of MBA graduates finding employment after their studies.

Moreover, as of the latest data available, New Zealand boasted over 605,000 businesses, indicating a strong market for MBA graduates.

Top Recruiters for MBA Jobs in New Zealand

Below, we'll highlight some job opportunities and their average salaries after completing an MBA in New Zealand.

Job Profile	Average Salary (NZD)	Equivalent Salary (INR)
Marketing Coordinator	60,044	30,76,337
Account Executive	62,410	31,97,558
Financial Analyst	62,680	32,11,391
Accountant	66,020	33,82,515
Business Development Manager	75,479	38,67,145
Business Analyst	79,062	40,50,719
Project Manager	88,324	45,25,255
Operations Manager	93,496	47,90,240
National Sales Manager	117,056	59,97,330
Chief Executive Officer	175,040	89,68,124

New Zealand stands out as a prime destination for business education with a range of top universities, diverse programs, and robust support for international students. As a result, New Zealand Education Commission reported a 15% rise in overall international student enrolment in 2023 compared to 2022.

Whether you are looking at the New Zealand best university for MBA or exploring the Masters in management in New Zealand, take the leap and embark on an exciting educational journey in New Zealand!

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Frequently Asked Questions

Is New Zealand good for MBA?

Yes, New Zealand is recognized for its quality education system and offers several reputable universities that provide MBA programs. The country's business schools are known for their strong international rankings, diverse student body, and emphasis on practical learning.

How much does an MBA cost in NZ?

The cost of an MBA in New Zealand varies depending on the university and program type (full-time, part-time, executive). On average, MBA tuition fees range from NZD 34,875 to NZD 66,700 per year.

What is the salary of MBA in New Zealand?

The salary of MBA graduates in New Zealand varies based on factors such as experience, specialization, and industry. On average, MBA graduates can expect competitive salaries, with roles like operations manager or business development manager earning upwards of NZD 93,000 per year.

What is the entrance exam for MBA in New Zealand?

Most universities in New Zealand require GMAT or GRE scores for admission to MBA programs. Additionally, English proficiency tests such as IELTS, TOEFL, or PTE are also required. Some universities may conduct a personal interview as part of the admission process.

Which MBA is in demand in New Zealand?

MBA specializations in areas such as HR Management, Business Analytics, Digital Marketing, Finance Management, and Healthcare Management are in demand in New Zealand.

How much does an MBA cost in New Zealand in Indian rupees?

The cost of an MBA in New Zealand, when converted to Indian rupees (INR), ranges from approximately INR 17,00,000 to INR 34,00,000 per year, depending on the university and program.

Can Indians get jobs in New Zealand?

Yes, Indians can secure jobs in New Zealand, particularly in sectors where there is demand for skilled professionals such as IT, healthcare, engineering, and business management. Securing a job often depends on having the right qualifications, work experience, and meeting visa requirements set by New Zealand immigration authorities.