MBA in New Zealand: One of the most sought-after degree programs, MBA is a postgraduate course that offers countless career opportunities and immense global exposure in the field of Business and Management. With the increasing demand, academic institutions across the world now offer different types of MBA which focus on both, theoretical as well as practical understanding of the field. However, selecting the right country for an MBA program is as important as choosing the right specialization. Home to some of the world’s esteemed MBA universities, New Zealand has etched its name in offering globally recognized Management courses, due to which, the country is becoming a preferred destination for those aspiring to study Business and Management. So, if you also want to know more about MBA in New Zealand for international students, then here is a blog that will shed light on the same!
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Eligibility Requirements for MBA in New Zealand
The eligibility criteria in New Zealand for a program like MBA is not very rigorous or difficult. Here are the major eligibility requirements you need to fulfill to apply for an MBA in New Zealand:
-A bachelor’s degree from any globally recognized institution in any field.
-Generally, universities in New Zealand need applicants to have a minimum work experience of 2 to 5 years on average.
-You need to have a valid English proficiency test like IELTS/TOEFL/PTE, etc. scores as specified by the respective university.
-Submitting GMAT scores are essential in some schools to pursue an MBA in New Zealand. However, the average score range can vary from one university to another.
Otago Business School, University of Otago
The Otago Business School is not only one of the most sought-after schools for an MBA in New Zealand but is also revered worldwide. Apart from the full-time, 16-months long MBA course, it also offers part-time and online MBA programs which can take 3 years to complete. To provide practical as well as theoretical knowledge, students get a chance to delve deep into the subject through student exchange programs and studying electives. Otago Business School has also been placed in the 151-200 rank on the QS University Rankings 2020.
The University of Auckland Business School
Another addition to our list of B-schools to pursue an MBA in New Zealand is the University of Auckland Business school. Financial Management and Control, Engaging Innovation Ecosystems, Organisational Resilience, Managing Capacity, and Inventory, etc are some of the major modules taught in their 17-18 months long MBA course. When it comes to the rankings, its Business and Management studies have been placed in the 51-500 bracket in the QS 2020 report. To take admission, apart from the documents as specified by the B-school, you also need to submit GMAT scores (at least 550).
Auckland University of Technology
The university offers a Full-Time and Part-Time MBA which run for a period of 1 year and 1.5- 2 years respectively. Furthermore, to enroll in its MBA programs, you need to have a minimum of 5 years of work experience and a 6.5 IELTS band score (Academic).
University of Canterbury
With accreditations received from AACSB, EQUIS, and AMBA, the Business school of the University of Canterbury is another popular institute to pursue MBA in New Zealand. Digital Transformation and Technology Preparedness, Smart Cities, Innovative-Driven Leadership, etc are some of the core courses taught during the journey of the degree program. You can complete an MBA in 16 months if you opt for a full-time course or within 5 years if it is part-time.
The University of Waikato
To impart advanced knowledge and equip the students with managerial skills, the MBA program of Waikato Management School is ideal for those who wish to join senior roles, be it entrepreneurs, technical specialists, or middle managers. To enroll in their 18 monthly long MBA course, you need to have at least 3 years of management experience/5 years of work experience. The school of the University of Waikato has also been accredited by EQUIS, AMBA, and AACSB.
Admission Process for MBA in New Zealand
Students must adhere to the following simple and straightforward requirements while applying for an MBA in New Zealand:
Step 1: Fill out the online application form provided on the official website of any of the universities in New Zealand.
Step 2: Fill out the application form and upload the scanned copies of your papers and documents that are asked for.
Step 3: Download and submit the application form, as well as pay the application fees (if any).
Step 4: Following the evaluation process, the interviews would take place online.
Step 5: The university will send an official invitation letter or offer letter to you via mail if you are a suitable candidate.
Step 6: Apply for a student visa and notify the university of your intended arrival date.
Documents Required for MBA in New Zealand
Here is a list of all the documents that you may require at the time of your admission process procedures to apply for an MBA in New Zealand. Have a quick look at these:
-Copy of original transcripts of schools and colleges attended
-Application form copy
-MBA submission essays, if asked by the university
-Statement of Purpose
-Letters of Recommendation
-Loan documents (if applied)
-A valid copy of the passport
-Test scores like IELTS, TOEFL, GMAT, GRE, etc.
Scholarships for MBA in New Zealand
There are numerous scholarships for MBA in New Zealand offered by the government as well as the universities in New Zealand. Here are the top options to pursue MBA in New Zealand with a scholarship:
-New Zealand Excellence Award by Education New Zealand (ENZ)
-Auckland University of Technology/AUT International Excellence Scholarship
-MBA Awards by Massey University
-GOPIO West Auckland Scholarship
-Master’s Scholarship by the University of Otago
-The University of Canterbury’s Alison MacGibbon Fund
-Forte Fellows Program for MBA
MBA in New Zealand: Affordable Options
It is said that MBA is known to be a money-making degree. You have to invest a good amount of capital or money to expect high returns on your investment (ROI). But countries like New Zealand are offering international students the option to choose from. New Zealand is giving international students a chance to pursue their dream of studying MBA abroad at low and affordable costs. Given below is a list of some universities found in New Zealand that are offering management courses and other courses at comparatively fewer prices than other universities in New Zealand and Australia.
-Christchurch Polytechnic Institute of Technology
-Auckland Institute of Studies
-Whitecliffe College of Arts & Design
-Waiariki Institute of Technology
-University of Auckland
-Victoria University of Wellington
Perks of Studying MBA in New Zealand
New Zealand is one of the most popular countries in the world when it comes to pursuing a quality education. With its amicable environment and globally updated curriculum, New Zealand attracts a large number of international students every year for its MBA courses.
-The MBA programs in New Zealand work on the principles of an interdisciplinary approach. This means that students gain an understanding of the industry as well as theoretical concepts.
-The curriculum of every MBA program is well-updated as well as well-reputed.
-Offering theoretical knowledge embedded in an industry-oriented curriculum is the core aim of every MBA course offered by the universities in New Zealand.
-The course fees in New Zealand are more affordable compared to the other developed countries.
-Equipping students with the required skill set as well as industry exposure, the universities nurture and groom them for the field of Business and Management.
-The universities in New Zealand offer numerous scholarship programs for international students.
-MBA services offered by New Zealand universities help students advance their careers and earning potential.
-The development of a strong personality in students is emphasized for them to become sound decision-makers in the future.
-MBA in New Zealand programs enables international students to research the global economics of a variety of industries in depth.
-Students learn in an atmosphere that blends the western and eastern worlds, helping them to better understand one another and expand their market and management perspectives.
-Along with all this, an easy Visa policy for international students, is another alluring factor for choosing New Zealand for higher studies.