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New Zealand

Study MBA in New Zealand 2023

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Basic monthly living cost

  • Rent in a shared flat

  • Share of utilities

  • Internet subscription

  • Local transportation


Sample lifestyle cost

  • Fast food combo

  • Cinema ticket

  • Pint of local beer


About New Zealand

About New Zealand

An island country located in the southwestern portion of the Pacific Ocean, the country of New Zealand is actually made up of two islands, the North and South Islands, as well as a number of smaller islands surrounding the main land masses. It is located close to Australia, Fiji and Tonga and was one of the last remote areas to be settled by people. Today it still has many wild, remote areas, as well as its share of big cities. Known for its beautiful mountain ranges, often used as the backdrop for major motion pictures, New Zealand is considered a strong global performer in environmental protection. It's diversity and excellent education system draw many foreign students.

Business Studies in New Zealand

Students who study business in New Zealand benefit from the country's ethnic diversity and welcoming attitude. It has four major business schools offering advanced business degrees located in the major cities of Auckland, Wellington, Hamilton and Dunedin. These are modern, vibrant areas where students can enjoy the rich culture of the city, yet most are close to many of the outdoor and ecological features that are distinctive of the area.

The academic year in New Zealand typically runs from March until November, although some universities are moving to a semester schedule similar to what is used in Europe, and a few operate on trimesters. Some also allow students to start in the middle of the school year, depending on the program of study. In order to enroll in a business school in New Zealand, students must be proficient in the use of language and have a qualifying secondary education.

New Zealand boasts a free university education system, but only for New Zealand citizens. Foreign students should plan to pay between NZ $23,000 and $30,000 per academic year for advanced studies, such as business studies. The cost will vary based on the university chosen, however, and students will need to cover deadlines, fees and room and board as well.

Business studies in New Zealand are considered a master's degree program, and they require two years on top of any required undergraduate training. After graduating, New Zealand business students will be poised for positions in businesses throughout the world, because New Zealand's universities are recognized internationally. Students can pursue upper level management and business positions, including running their own businesses, after earning a degree in business from a New Zealand university.

Visa Requirements

Student Visa (for studies that are longer than three months)

If your course is three months or less, you don’t need a student visa, just a visitor visa.

What type of Visa do you need?

Visa name

Student Visa; Visitor Visa

Price and currency

NZD 250

Application fees vary depending on your country of origin and can be around $250.

You can check the costs of a New Zealand student visa here:

Who can apply for the visa?

A student visa is required for all people coming to New Zealand to study for more than three months. The study must be the main purpose of your visit. If your course is up to 3 months, you may be able to study on a visitor visa or work visa.

You don't need a student visa to study full time if:

  1. you're an NZ citizen or resident
  2. you're an Australian citizen
  3. you have a permanent residence visa or a resident return visa for Australia — without conditions.

Where can you make the application?

Online / New Zealand consulate or embassy

To make an application for a New Zealand student visa, you can apply online or in person before traveling.

To apply in person within your home country, you will need to contact your local New Zealand consulate or embassy to get an application form and/or appointment. Alternatively, you can apply online by visiting the official website and creating an account.


How to make the application?

For your visa application, you will need:

  • Acceptance letter from an approved education provider in New Zealand.
  • Evidence of sufficient funds - You will need to show that you have sufficient funds to pay your tuition fees (this can include evidence of loan coverage, scholarship or other funds) and proof of funds to cover your living costs while you study in New Zealand (via a sponsor, a loan, a scholarship, government support or sufficient bank balance). You need to prove you have at least NZD$15,000 (~US$10,870) for each year if your course is longer than nine months.
  • Proof of onward travel - This can be evidence of already paid-for onward tickets, proof of further funds, or agreement from a sponsor to pay for onward travel. The point is to show that you intend and can afford, to leave the country once you complete your studies.
  • Travel insurance.
  • Medical certificates - If you are planning to study in New Zealand for more than 12 months you will need to provide a general medical certificate, a chest x-ray certificate and possibly undertake a tuberculosis screening.
  • If you are under 18 you will also need to provide proof of arranged accommodation, and if you are 17 or older, a police certificate of “good character”.
  • Two-color passport photos.
  • A passport valid for at least three months after the date you plan to leave New Zealand.
  • Proof that you have paid the visa application fee.

When should you apply?

You should apply at least six weeks before you plan to travel to New Zealand. Student visas applied for online usually take 20 days to process, while student visas applied for via the paper form take 25 days to process.

Your Student Visa is normally for the same length of time as the study you’ve paid for, and its duration can be up to 4 years.

Processing time

20 Days

Work opportunities

International full-time students with a student visa are legally allowed to work in New Zealand for up to 20 hours per week during term time, and may work full-time during all scheduled holiday periods such as Christmas, Easter and summer holidays. The specifics depend on your visa conditions. Work experience required in your studies doesn’t count towards the 20-hour limit. International students can’t be self-employed.

Masters by research and Ph.D. students can work as many hours as they wish.

Hours per week


Why do you need this type of visa?

Some of the reasons why a New Zealand student visa may be rejected are:

  1. If you have a record of imprisonment in the last 10 years and or been convicted and sentenced to imprisonment.
  2. If you have a record of deportation, and or if you are a subject of a period of prohibition to enter into New Zealand.
  3. If there is a misrepresentation of the information you have provided, on which the immigration officer believes that the information declared in your application is not genuine.
  4. If you submitted an application that is not completed
  5. If the health and character requirements are not met
  6. If you are unable to demonstrate to cover the tuition fee cost, living and travel cost in New Zealand
  7. If there is no clear pathway for the course you intend to study in New Zealand
  8. If the immigration officer sees that you are not a genuine student from the documents and information you have provided, and as after the telephonic interview, you can’t even answered some information regarding the course information, institution’s information, among others
  9. If the funds are not legit, or it cannot be verified

News and Articles

  • Why Study Business in New Zealand?

    Jan 31, 2020

    More and more students are opting to study business in New Zealand. Many are drawn by the excellent schools, welcoming atmosphere, and an old-fashioned sense of adventure. It’s also a more cost-effective option for students looking for a world education at a reduced cost. Moreover, New Zealand is currently going through a sustained period of economic growth, providing more chances than ever to grow a successful business down under. So here’s why you should study business in New Zealand.

    Read more
  • The State of Women in Business School and the Business World

    Aug 27, 2020

    The world's women leaders are at the top of the pack when it comes to dealing with the coronavirus crisis. Do women in business have the same success? Here's a closer look at the latest news on women in business.

    Read more
  • Boost Your Career – All The Way to New Zealand!

    Sep 17, 2021

    It is rare to find a country where low unemployment, generally Covid-free status and a welcoming Government all come together to offer mid-career professionals a superb boost into general management and leadership. New Zealand (NZ), a first world country in the South Pacific, offers a transparent pathway to residence for skilled managers from overseas -- and in a country where over 90% of businesses have fewer than 25 staff, it is general management roles employers in NZ prefer.

    Read more