Introduction to studying an MBA in New Zealand
Business schools in New Zealand offer MBA courses that cater to students of every academic level, budgetary requirement and career aspiration. They provide an international mix of students, teachers and work opportunities unrivalled in many parts of the world.
New Zealand is host to some of the world’s best business schools in terms of quality of teaching and brand recognition, and students with strong first degrees and solid career starts will be able to take advantage of learning how business works whilst also building a network of contacts which will pay off in the future. New Zealand MBA programs usually take one year to complete. Still, some can last for two years, and prospective MBA students can also combine study part-time so their careers may continue. Online MBA courses are also available.
Types of MBA Courses in New Zealand
General MBA
A general MBA provides essential knowledge and foundation skills in business disciplines. Those seeking a higher position in a company or organisation or wanting to take on more responsibility can opt for a general MBA degree in New Zealand.
- Course duration – two years
- Course fees – $40,000
- Entry requirements – bachelor’s degree with English proficiency test, GRE/GMAT qualification, and relevant work experience.
MBA with specialisation
An MBA with specialisation focuses on both general management programs and specialisation subjects. New Zealand universities offer specialised MBAs in finance, marketing, entrepreneurship, digital marketing, IT, media management, and more. The MBA study curriculum in New Zealand comprises financial management and control and leading and managing change.
- Course duration- two years
- Course fees –$66,000
- Entry requirements – Bachelor’s degree with IELTS/TOEFL and GRE/GMAT scores.
Executive MBA (EMBA)
An executive MBA is an advanced business degree designed for experienced professionals. It enables executives to earn degrees while working in their existing jobs. The curriculum comprises strategic business skills and advanced business knowledge in marketing, human resources, international business, and microfinance. These courses can be taken full-time, part-time, weekend, or online.
The EMBA allows students to expand their network, where they can connect with fellow learners and gain insights, seek guidance, and receive job recommendations. Some reputed careers are- Chief Technology Officer, Information Technology Director, Logistics manager, etc.
- Course duration – two years
- Course fees – $119,700
- Entry requirements – Bachelor’s degree and a minimum of five years of work experience.
MBA without GMAT
Many business schools in New Zealand offer MBA admissions without GMAT scores. However, specific eligibility criteria must be considered while applying for an MBA without a GMAT. The course curriculum provides students with theoretical and practical aspects of business management. Universities like Massey University, Auckland University of Technology, and Canterbury accept admissions without GMAT. Some top career options are – human resource manager, business manager, market research analyst, etc.
- Course duration – 1.5 years
- Course fees –$40,000
- Entry requirements – excellent academic record with at least 8 to 12 years of work experience and IELTS/TOEFL scores.
MBA Specialisations
The course framework of an MBA comprises core subjects in management, finance, accounting, and marketing. Here are some of the most popular MBA specialisations and subjects offered in New Zealand.
- MBA in marketing management
- MBA in digital marketing
- MBA in HR management
- Financial management and control
- International Business
- Organisational leadership
- MBA in healthcare management
- MBA in business analytics
- Human resource management
Scholarships
Many MBA universities in New Zealand offer scholarships and grants to help students cover their costs and financial burdens.
| Scholarship Name | Offered by | Scholarship |
| Vice Chancellor’s International Excellence Scholarship | University of Waikato | $15,000 |
| AUT International Excellence Scholarship | Auckland University of Technology | $5000 |
| MBA awards | Massey University | $6000 |
| Alison MacGibbon Fund | University of Canterbury | $900 |
| Master’s Scholarship | University of Otago | $17,172 |
Jobs and Careers
After completing an MBA, many graduates opt for careers such as marketing managers, investment bankers, product managers, human resource managers, finance analysts, assistant managers, and chairman executive officers. Top recruiting companies that offer jobs after an MBA in New Zealand include Fletcher Building, Vodafone, Datacom, and ANZ Banking Corporation.
Salary
Graduates after MBA study in New Zealand can expect an average salary package between 100,505 to 180,000 annually. Here is the average pay scale for each job designation:
|
Job Profile |
Average Salary |
| Chairman Executive Officer | $175,040 |
| Assistant Manager | $110,000 |
| Managing Director | $121,099 |
| Assistant Accountant | $55,400 |
| Financial Analyst | $62,680 |
Where can I study an MBA in New Zealand?
To learn more about the best MBA programs in New Zealand, find details of the top ranking Business and Management universities in the QS World University Rankings by Subject 2024 below:
| Ranking | University | Acceptance rate |
| 1 | The University of Auckland | 45% |
| 2 | Auckland University of Technology | 91% |
| 3 | University of Otago | 58% |
| 4 | Victoria University of Wellington | 64% |
| 5 | Massey University | 65% |
| 6 | University of Canterbury | 50% |
| 7 | University of Waikato | 72% |
Study an MBA in New Zealand
If you want to learn more about studying for an MBA in New Zealand, arrange a free consultation with SI-New Zealand today.
FAQ
Is New Zealand good for an MBA?
Yes, New Zealand is an excellent choice for an MBA because of its worldwide reputation, structured education system, high ROI of 0.08%, and diverse funding options, followed by working visa availability while studying.
Which MBA specialisation is in demand in New Zealand?
New Zealand offers quality MBAs in more than 30 specialisations. The most demanding MBAs are in human resource management, marketing management, finance, and tourism management.
Is getting a job in New Zealand easy after studying an MBA?
With a high ROI, New Zealand’s unemployment rate is 3.2%, which indicates that graduates can easily access abundant job opportunities.
Which exam is required for an MBA in New Zealand?
To pursue an MBA in New Zealand, applicants must qualify for the GRE/GMAT/IELTS/TOEFL entrance exams.
Can I work while pursuing an MBA in New Zealand?
Yes, New Zealand allows international students to work part-time during their MBA program. They are allowed to work for 20 hours per week. However, they can work full-time during vacations.