New Zealand has universities that are ranked in the list of top 3% in the world. These universities are providing high quality education and research skills that are required to be a part of the real world. New Zealand is gaining popularity as a study destination for international students. The country offers comparatively lower tuition fees, numerous scholarships, up to 3 years of post – study work visa, and permanent residency possibility.
MBA programs have been the most sort after degree program for students. In this article, we will have an overview of studying MBA in New Zealand. Let’ start with the Top Rank Universities that offer MBA programs.
Top Rank Universities to study MBA in New Zealand
According to the QS World Rankings 2023, the Top Rank Universities to study MBA programs along with their ranks are mentioned below
1. The University of Auckland - 87
2. University of Otago - 217
3. Victoria University of Wellington - 275
4. University of Canterbury - 284
5. Massey University - 292
6. University of Waikato - 331
7. Lincoln University - 368
8. Auckland University of Technology – 486
After knowing the top rank universities, we shall look at the types of MBA programs that these universities offer.
Types of MBA Programs
In New Zealand, there are two types of MBA programs.
1. MBA (General or Freshers)
2. Executive MBA
These MBA programs have course duration between 18 - 24 months. You will get to know the eligibility and application requirements in the next paragraph.
Eligibility and Application Requirements
Universities in New Zealand have common eligibility and application requirements. These requirements may differ from university to university.
1. A Bachelor’s Degree
Applicant must have bachelor's degree from a recognized university. The minimum marks should be B grade or 60% and above.
2. Work Experience
For MBA Programs in New Zealand, you need to have work experience between 2-5 years.
3. English Proficiency Test
English Proficiency test like IELTS, TOEFL and PTE are accepted by the universities. The scores for these tests are specified by the universities.
4. GMAT Score
The GMAT Score is required for pursuing MBA in New Zealand. The average GMAT scores can vary for different universities.
Life in New Zealand for students of MBA
New Zealand universities offers a lot of MBA programs. Apart from having top rank universities, the country also provides scholarships, internships, post – study work visa and job opportunities to the students.
1. Scholarships
Scholarships provide good financial assistance to international students. There are many scholarships available for students of MBA. Some of the popular scholarships for International Students in New Zealand are New Zealand Commonwealth Scholarships, SEG Scholarship and New Zealand Excellence Awards (NZEA)
2. Internships
There are a lot of internship opportunities available for students in New Zealand.
For MBA programs, some universities provide internship options for their students. International students have 20 hours per week of work permit during their semesters and 40 hours per week during their vacation period.
3. Post Study Work Visa
Students of MBA Programs are given up to 3 years of Post study work visa. This duration might differ from university to university.
4. Job Opportunities
New Zealand’s economy is rapidly growing because of the presence of top companies. These companies have multiple job opportunities for MBA graduates. Some of the top recruiting companies for MBA graduates are – Deloitte, ANZ Banking, Datacom, Fonterra, Foodstuffs Auckland Ltd, and Vodafone.
New Zealand is attracting many international students for MBA programs. The high standard of living and better quality of life has been a perk for the students. If you are planning to study MBA in New Zealand and you require assistance for your application, you can consult an edtech company. Most of the fastest growing edtech companies in India are assisting students in their study abroad journey.
We wish you good luck for your study abroad journey.