New Zealand is rapidly gaining popularity among study abroad aspirants due to excellent pedagogy, globally recognised courses, and the legendary universities’ contribution to research and innovations. Apart from this, New Zealand is known to have a large Indian diaspora comprising ~2,50,000 Indians and NRIs. If you are planning to study MBA in New Zealand, here’s what you must know.

Key Highlights

• MBA colleges in New Zealand
• MBA in New Zealand for Indian students: Things to remember
• Types of MBA
• What are the requirements for MBA in New Zealand?
• Cost of MBA in New Zealand
• Academic intakes
• The admission process to pursue MBA in New Zealand

MBA colleges in New Zealand
New Zealand is home to some of the best B-schools in the world that impart managerial skills and turn students into effective leaders of tomorrow. Besides, business schools pay special attention to developing practical knowledge by conducting regular workshops to prepare you for the dynamic business world.

MBA in New Zealand for Indian students: Things to remember

• Types of MBA programs
  Depending on your preference, you can choose from full-time, part-time and executive MBA. You can opt for a full-time study program if you can devote your time to your studies, as it is a rigorous program that will emphasise developing your competitive skills by providing you with in-depth knowledge. You can choose between part-time and executive business management courses if you are a working professional.

• What are the requirements for MBA in New Zealand?
  To be eligible to pursue MBA in New Zealand, you have to keep some common entry requirements in mind, such as:

  • You should have completed a bachelor’s degree course.
  • Depending on the varsity, you must complete either the Graduate Management Admission Test (GMAT) or the Graduate Record Examinations (GRE). The GMAT entrance exam is for management courses, whereas GRE is for all graduate-level courses, including MBA. Depending on your college, you can appear for either of them. Some universities waive this requirement, so it is advised to check your university-specific requirement.
  • Most B-schools will need you to take English proficiency exams such as the International English Language Testing System (IELTS), Test of English as a Foreign Language (TOEFL) or Pearson Test of English (PTE).
  • Work experience will earn you some brownie points to secure a seat at a coveted business school.   
  
  

• Cost of MBA in New Zealand
  Although education, including business studies, is not free in New Zealand, it is affordable. However, the cost of an MBA in New Zealand for Indian students will depend on various factors. Therefore, students must consider tuition fees, accommodation costs, living expenses, travelling expenses, the cost of learning devices and other educational expenses. Therefore students opt for an education loan for study abroad purposes, as it covers major expenses.
  Academic intakes

  • January intake: To opt for the course commencing in January, students must start applying by November.
  • July intake: You can start the application process by May to apply for this intake.
  
  

• The admission process to pursue MBA in New Zealand
  Before you begin the admission process, ensure you have all your academic documents ready. To apply, you can visit the university website to gather the university-specific requirement.
  Steps to apply for MBA in New Zealand

  • Download the online application by visiting the university website
  • Upload the requisite documents, including academic transcripts, Statement of Purpose (SOP) and Letter of Recommendation (LOR)
  • Pay the application fees as mentioned by the B-school
  • If you are selected, you shall receive communication from your varsity

So, now that you know everything about the MBA program in New Zealand, you can plan your academic journey. If your plans have come to a halt due to a lack of funds, an education loan is a fantastic choice to finance your higher education independently. In fact, at Avanse Financial Services, we offer student loans that cover the holistic cost of education.

If you want to know more about student loans or need assistance on your academic quest, please feel free to contact us. We will be glad to help you.