Most Affordable MBA Colleges in New Zealand
Is New Zealand affordable to pursue MBA studies? New Zealand is a relatively affordable option for pursuing an MBA compared to some other popular study destinations. Additionally the cost of living in NZ is lower than USA, UK and some other western countries which attracts students to pursue MBA here:
New Zealand is one of the most popular study destinations for MBA studies. The duration of MBA in New Zealand is between 1 and 2 years. Most universities in New Zealand offer MBA courses and due to the strict acceptance criteria, students should have an impressive profile to get into these institutions.
The tuition fee of MBA universities in New Zealand is more affordable than USA and UK but more expensive than in India. You need to have a budget between INR 20 to 30 lakhs to cover the tuition fee of MBA universities in NZ. This blog will help you to choose affordable MBA colleges in New Zealand. We have also mentioned course duration and university ranking to help you better/
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Affordable MBA Colleges in New Zealand
Here is the list of most affordable MBA colleges in New Zealand:
- University of Waikato
- University of Auckland
- Auckland University of Technology
- University of Otago
University of Waikato (Hamilton, New Zealand) - Master of Professional Management
The University of Waikato ranked in the top 50 universities under 50 years old by UK-based Times Higher Education. It is now ranked in the 301-350 band in the world by the influential UK-based Times Higher Education organization. Ranked in the 401-410 band in the world by QS (Quacquarelli Symonds Limited) in its world rankings index.
- Course Duration: 1 Year
- 1st-year fees: $ 42,100
University of Auckland (Auckland, New Zealand) - MBA
The University of Auckland is the largest and leading university in the country that is ranked 82 worldwide with more than 40,000 students. It has a strong emphasis on serving the student body with the main campus is in the heart of Auckland city and it has four specialist campuses. The University is also the highest-ranked New Zealand University in the Shanghai Jiao Tong Academic Ranking of World Universities.
- Course Duration: 2-3 Years
- 1st-year fees: $ 26,204
Auckland University of Technology (Auckland, New Zealand) – MBA
The Master of Business Administration offered by Auckland University of Technology is for those aspiring to senior management level, those already in senior management wanting to realize their full potential or those who are self-employed looking for the business skills they need to succeed. The university ranked 82nd worldwide in 2011 with a total number of students is 40,000.
- Course Duration: 1-1.5 Years
- 1st-year fees: $ 30,562
University of Otago (Dunedin, New Zealand) - Master of Business Administration (MBA)
The Master of Business Administration (Otago MBA) degree is an intensive two-phase program. This program takes on a strong global perspective together with the diversity of classes and opportunities for international exchange to renowned universities worldwide. The University of Otago provides a research-led learning environment that is second to none with a richly deserved reputation for excellence.
- Course Duration: 14-20 Months
- 1st year fees: $ 38,777
Affordable MBA Colleges in Popular Study Abroad Destinations:
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Q: Â Is New Zealand good for Indian students?
With a good educational system, excellent quality of life, and a number of research opportunities, New Zealand offers a lot to international students. Auckland, the largest city in New Zealand has a 39 percent population of overseas citizens, making it a culturally diverse city. Moreover, the post-study work visa in New Zealand can offer up to three years of stay back. As per Stats New Zealand, its unemployment rate is 3.4 percent. Students enrolled in a course of 12 months or more can also work part-time in New Zealand for up to 20 hours a week during the semester and holidays.
Q: Â Which course is better, Master in Management or Master in Project Management at the University of Auckland, New Zealand?
The University of Auckland offers the best UG and PG programs for international students at an affordable tuition fees. Auckland Unversity Master in Project Management is slightly better than the Master in Management because of its tuition fees for first year. Mentioned below is the tuition fees for first-year for international students:
Program | First Year Tuition Fees |
---|---|
Master in Project Management | INR 25.11 L |
Master in Management | INR 26.11 L |
Q: Â How much funds are needed for a New Zealand study visa?
International students need to show sufficient funds for getting a New Zealand student visa. Students need to show NZ$ 20,000 for a full year of study or NZ$ 1,250 per month for getting a New Zealand study visa.
Cost of New Zealand Student Visa Application
- New Zealand Visa Cost: Students who are submitting their Student Visa Application online are required to pay a base Visa fee of NZD 375 which is INR 19,200 (approximately).
- Candidates who are applying for their Student Visa online from New Delhi are required to pay NZD 430 which is INR 22,000 (approximately) as the receiving centre fees.
- Those applying for a student visa in New Zealand on paper (offline mode) should note that the immigration costs would be INR 22,600, in addition to this students are required to pay a receiving Centre fee of INR 1,520.
Q: Â What is the cost of studying in New Zealand?
The tuition fees that a student would need to pay will depend on the type of qualification and the university they are looking at to pursue their education. While courses such as humanities, education, and arts are likely to cost less pursuing subjects such as medicine and engineering costs on the higher side.
The below table sheds light on the tuition fee charged level-wise in New Zealand from international students applying to their universities:
Study Program Level | Annual Costs in NZD |
---|---|
Diploma or Certificate courses | NZD 23,000 - NZD 47,000 |
English Language courses | NZD 350 (per week) |
Undergraduate degree | NZD 22,000 - NZD 32,000 |
Master's degree | NZD 26,000 - NZD 37,000 |
Doctoral degree | NZD 6,500 - NZD 9,000 |
Q: Â Is living in New Zealand expensive?
The cost of living does not includes only the tuition fee but also other expenses like textbooks, NON-tuition fee, accommodation cost and other personal expenses. The moment a student lands in New Zealand, they need to pay $35 international visitor and tourism conservation levy. The living cost can vary as per the accommodation option, location and personal spending habits.
In addition to your tuition and insurance fees, you will need between $20,000 and $25,000 per year ($380–480 per week) for accommodation/rent, food expenses, transportation costs, phone bills, internet usage and entertainment.
Q: Â Is New Zealand good for international students to study?
New Zealand is one of the top destinations for international students going abroad for higher education. All of eight universities in New Zealand are ranked among the top 3% universities in the world. New Zealand education sets up students with a globally recognised qualification and real-world skills. Each year thousands of students from India apply for various universities in the New Zealand. As per Govt. of India, there are more than 2,500 Indian students that went to study in 2022 in various universities in New Zealand.
Q: Â How do I get a study visa for New Zealand?
Each year, thousands of students from all over the world come to New Zealand to pursue higher education. International students can apply for a study visa to the New Zealand in 4 different ways; Online, offline, through an immigration advisor or at a visa center. An overseas student may have to furnish the following:
- Name of the course you are allowed to study;
- Name of education provider;
- Must hold an acceptable insurance;
- Valid passport;
- Completed student visa application form; and
- 2 passport sized photographs.
Q: Â How much does it cost to get a study visa in New Zealand?
After submitting their student visa application, international students are required to pay a base visa fee of NZD 375 (INR 18 K). However, candidates who are applying for their student visa online from New Delhi as their receiving center are required to pay NZD 430 (INR 20.6 K) as a visa application fee. International students, including Indian students are advised to check the official immigration website of New Zealand to know the current and exact visa application fees.
Conversion Rate: 1 NZD = INR 48.13
Raj Vimal has experience of 7+ years in SEO Content Writing, which includes 5+ years in the Ed-Tech industry. He has written articles about studying abroad, especially in the USA, UK, and other English-speaking coun... Read Full Bio
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- Universities in New Zealand70 Universities
- Universities in USA1037 Universities
- Universities in Canada174 Universities
- Universities in Australia122 Universities
- Universities in UK175 Universities
- Universities in Ireland32 Universities
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5 years ago
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Hi John, please take help of this list to explore options and pick out options as per your budget https://studyabroad.shiksha.com/new-zealand/bachelors-of-business-colleges-cl
6 years ago
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Hi Shivani, please find the list of MBA colleges in New Zealand and the fees and see which colleges suits your budget and profile. Also the IELTS score requirement are mentioned for every college. https://studyabroad.shiksha.com/new-zealand/mba-colleges-dc