MBA In New Zealand For Overseas Students

Several students place a high value on obtaining an MBA from a reputable university, which provides a globally renowned degree and has a high value in terms of your career. An MBA in New Zealand has lately come to the attention of overseas students interested in management courses abroad. If you’re wondering what this New Zealand MBA degree has in store for you and what career opportunities await you after graduation, this article has it all.

Why Pursue An MBA In New Zealand?

Pursuing an MBA in New Zealand is a transitional step for overseas students, allowing them to advance their careers and improve their quality of life. Here are some of the reasons why you should consider pursuing MBA courses in New Zealand –

• New Zealand’s education system has a strong quality assurance system.
• New Zealand’s MBA institutions frequently score first in the international rankings of business schools, adding to the country’s reputation as a centre of excellence in the area of business and management.
• In New Zealand, the MBA programme combines academic knowledge with the practical experience supplied by the corporate industries.
• MBA degrees are expensive, but New Zealand is known for its affordability, making it a huge appeal for overseas students particularly.

Which Are The Top MBA Universities In New Zealand?

While New Zealand has a list of universities offering an MBA degree programme to overseas students, we have listed the top-rated ones along with their approximate tuition costs. Here’s a tabular breakdown of the same –

Eligibility Criteria For An MBA In New Zealand

The criteria to get into universities in New Zealand largely depend on your university and course specifications. However, in general, the following are the key qualifying criteria for admission to the top MBA institutions in New Zealand:

• A bachelor’s degree (or an equivalent management experience).
• Professional/management experience of at least three years.
• A high GMAT score always improves one’s chances of receiving an admission offer.
• An IELTS score of 6.5 or above is required (if English is not your first language)

Minimum GMAT Score Requirement

Pursuing an MBA in New Zealand might be a fantastic chance even for those who, unfortunately, may have scored lower on the GMAT.

The average GMAT (Graduate Management Admission Test) score required for top MBA programmes in the United States is more than 700, whereas it is more than 600 in Australia. The minimum GMAT score requirement for MBA programmes in New Zealand is 550.

Jobs After Pursuing An MBA In New Zealand

With an unemployment rate as low as 4.3 per cent, New Zealand provides career opportunities to nearly all of its graduates. The government of New Zealand has issued a list of ‘Essential Skills in Demand’ (ESID) on the skills and jobs that are in high demand. This will enable you to develop abilities that are in demand, helping you to get better jobs in the future.

New Zealand’s business schools have ties with multinational corporations that will recruit you in countries such as Australia, the United Kingdom, and the United States. Deloitte, Foodstuffs Auckland Limited, Datacom, ANZ Banking Corporation, and Kiwibank are among the most prominent employers. The following are the salary packages for MBA graduates given by some of New Zealand’s leading employers:

• ANZ Group
• Vodafone
• BNZ
• EY 
• Deloitte

A career with a salary of around 1,80,000 NZD per year is achievable with the best MBA in New Zealand. However, most MBA-related jobs pay around 60,000 NZD, to begin with.

Documents Required

To get accepted at your university in New Zealand, there is a list of documents that students are required to provide for evaluation. For every course in every university, there is a specialised list of documents, however, you will need to carry along with you the following documents in general –

• Original transcripts of schools or college
• Letter(s) of Recommendation
• Application form
• A valid copy of passport
• Passport-size photographs
• Financial Statements
• Loan documents (If required)
• Statement of Purpose
• Copy of passport
• Covid-19 Report

Cost Of A Student Visa In New Zealand

A student visa costs around US$ 185 and can be paid by check or cash. International students enrolled in a full-time programme are permitted to work a maximum of 20 hours per week and full-time during holidays.

Thank you for reading this blog on MBA In New Zealand. If you’re interested to know more, here are some blogs which, in my opinion, would interest you – 

• The Top Universities of New Zealand- A Complete Guide
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• Which Are The Countries For Immigration For Students?