An MBA in New Zealand for Indian students is a wise career move, considering the stellar prospects. An MBA in New Zealand ensures high-quality education with a globally recognized degree. Studies also report that MBA graduates in New Zealand earn sizably higher than their peers in many other countries.
There are many reasons you should consider MBA colleges in New Zealand for Indian students. They include:
New Zealand offers a vast range of MBA specializations.
An MBA for Indian students in New Zealand will provide global exposure while training you with the skills and knowledge required for becoming a successful professional manager in any business sector.
New Zealand is home to some of the best institutions in the world for MBA courses and offers excellent employment opportunities and strong hiring numbers for MBA graduates.
MBA in New Zealand for Indian Students – Eligibility Criteria
Here are the eligibility criteria for MBA in New Zealand for Indian students:
Aspirants should have 3-4 years of professional experience in their study areas.
Non-native applicants should provide IELTS/TOEFL scores.
GRE/GMAT scores may be needed, depending upon the course and university.
Top Universities in New Zealand for MBA
Here are the leading institutions for MBA courses in New Zealand:
For a full-time MBA, candidates will take 180 credits over a period of 12 months or 60 credits per semester. As MBA offers several specializations as well as the traditional degree, one can enrol with or without a specialization. In case you choose to enrol and opt for the specialization later, you will have to do so after completing the first six compulsory core courses. This option will enable you to experience the different subjects and decide which interests you the most and choose a specialization accordingly.
To complete a specialization in the Master of Business Administration, you must pass 60 credits in the specified area which includes two specialization courses plus the Action Learning Project in that specialization area. Some specializations that one can opt for are International Business
It should be noted that some institutions may require you to choose specialization upon enrolling.
MBA in New Zealand Admission Deadlines
Enrolment for most universities begins in October, and there are three intakes per year in March, July, and November. Once the registration windows for universities open in October, candidates have to undergo several processes to secure admission, including submitting the application along with standardized exam scores, appearing for admission interviews, awaiting an acceptance letter, confirming a seat, and acquiring a student visa to study abroad.
Required Documents for MBA in New Zealand
A passport that is valid.
LORs and CV/Resume.
SOP.
Passport-size photographs.
Academic transcripts and marks.
Scholarship essay.
Loan papers if applicable.
Financial papers.
Applying for an MBA in New Zealand
Students will have to apply online via dedicated university portals/websites. They need to download application forms, fill them up and submit them with all documents.
They will have to pay the application fees.
The university may ask for a call or video interview with the candidate.
Students should submit applications well before the deadlines. Check these on the official websites.
Those international students, who will study for more than three months in New Zealand, require a study visa.
Start preparing to obtain the same after getting your university’s confirmation letter.
Work Experience & Test Requirements
MBA is a degree that helps advance careers. Most institutes, thus, require candidates to have professional experience as the program helps them learn management and leadership skills. To pursue MBA in New Zealand, aspirants require three to five years of work experience.
For Englishlanguage proficiency, IELTS 6.5 academic (with no band less than 6.0) / TOEFL iBT 79 (with a writing score of 21) / PTE academic score of 58 with no band lower than 50 / NZCEL L5 is needed.
Cost of Studying in New Zealand
MBA in New Zealand Fees –
Average tuition fees usually hover between ₹11.4-31.3 lakh per year across courses. Living costs are close to ₹1-1.5 lakh per month for covering accommodation, food, and other aspects. These costs will vary greatly depending upon the location of your stay. Auckland, Wellington, Christchurch, and Queenstown are the most expensive cities in New Zealand.
Pre Arrival Cost –
Application fees, visa fees, travel (plane tickets), and health insurance are some of the pre-arrival costs that students need to consider. The Visa fee is around NZD 330 + ₹1000 (approximately) as the receiving centre fees.
MBA in New Zealand with Scholarship
Jane M Klausman Women in Business- It offers a total of 44 fully-funded grants to UG and PG students every year.
Richard A. Freund International ScholarA valid passports- Awarded to PG students for MS courses at all New Zealand universities. It is a one-year scholarship with an award of ₹3.75 lakh (approx).
VueVille Future Technology Scholarship- It is given to UG and PG students in any field for one year and is worth ₹75,000 (approx).
TOEFL Scholarship Program in India- It is awarded to Master’s, MS diploma and MS certificate aspirants from India. Fifteen students get this scholarship each year.
QS Scholarship for Academic Excellent- This is given to just one student annually with a value of roughly INR 7.5 lakh.
There are numerous MBA jobs in New Zealand for skilled graduates, with the country having transformed into a flourishing economy over the last few decades. As per reports, demand for MBAs will rise in various business sectors over the next decade. MBAs can earn up to NZD 55,000-180,000 per year or roughly INR 27.50-90 lakh in New Zealand. The country allows graduates three-year post-study work visas, while admissions policies are less stringent than many other nations. Popular fields for jobs include marketing management, tourism management, HR management, finance management, digital marketing, and information technology.
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FAQs
How can you get admission to an MBA in New Zealand?
You can get admission into an MBA course in New Zealand if you possess 3-4 years of work experience and GRE/GMAT scores. You also need to provide your English language proficiency scores (TOEFL/IELTS). You should also score 70% or more in your undergraduate degree. These are some of the requirements for MBA programs in New Zealand.
Which MBA specialization is in demand in New Zealand?
Many MBA degree specializations witness strong demand throughout New Zealand. They include Marketing management, HR management, finance, tourism management and more. Several new-age disciplines have also evolved over the last few years.
Is GMAT required for MBA in New Zealand?
Yes, the GMAT is a necessity when applying to MBA programs in most New Zealand universities. Eligibility criteria include an undergraduate degree in a related field of study, English language proficiency scores (TOEFL/IELTS) and LORs (letters of recommendation) and SOPs (Statement of Purpose). You need to score well on GMAT to obtain admission into an MBA program in New Zealand.
Which MBA has the highest salary?
While it is hard to predict accurate salary figures based on the specialization of an MBA degree, New Zealand offers high-paying jobs to those specializing in fields like IT, HR management or HRM, finance management, digital marketing, marketing management, and business analytics. Other high-paying fields include healthcare management, travel and tourism management, and more.
Is work experience necessary to do MBA in New Zealand?
Most universities in New Zealand ask for three to five years of work experience after your undergraduate studies. Since MBA is an advance degree that helps professionals bag leadership roles, substantial professional experience is mandatory in several universities.
Can I work while pursuing MBA in New Zealand?
Like most countries, New Zealand allows foreign students to work part-time for up to 20 hours a week when classes are in session and full-time during holidays. You will be paid at least the minimum wage of NZ$20 an hour.
She is an experienced writer and journalist who has extensively covered the education sector in India and Abroad. Now helping Indian aspirants realise their foreign education dream by providing them with relevant content and information through upGrad Abroad. Amateur traveller, loves to read Architectural Digest!
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