Start your Study Abroad Journey with WayUP Abroad for Free.
Looking to pursue an MBA abroad? But little confused regarding the country as your affordability. Don’t worry, we have an answer to your concern. We totally understand that the dream always needs money, but what if we try to achieve the dream on budget? Here, we will let you know how you can fulfil your dream of studying MBA abroad on a budget. Come, let's take a deep dive into it and understand the whole process for your successful career abroad.
We already know that the US, UK, Canada, Australia, and other big countries are in more demand and have high fees for studying an MBA, but there are also some countries in the world which has affordable tuition fees and living costs for students, like NEW ZEALAND. Yes, this country can be your great choice if you are looking for affordable studies with quality education and better career opportunities. New Zealand has the top universities that offer world-class MBA programs at a significantly lower cost, while providing global exposure to the students without breaking their bank. Also, the living cost is manageable, especially with options like part-time work during the studies.
For students who have a dream to study MBA abroad, this is best to achieve their dream and a successful career on a limited budget. Universities in New Zealand open the door for students to the international job market with high-quality education, career assistance, and practical learning. They focus on equipping the students with real-life knowledge, hands-on skills, and practical working experiences. The post-study work visa policies of New Zealand allow students to work after graduation for their global career growth.
There are two main intakes in New Zealand, during which all universities open their doors for all courses. This is the main time period for international students to take admission and get entry into the best university in New Zealand.
The two major intakes are:
Here are some of the cheap and affordable universities in New Zealand that offer a well-curated MBA program to Indian students. In these universities, you can choose your desired university based on your background, interest, course, and budget.
The University of Otago, Dunedin, was established in 1869 in New Zealand. It is the oldest university of the country, having over 21000 students. It offers 200+ graduate and postgraduate programs for students. It is popular for the students’ study satisfaction, and providing global job opportunities to the students. As of now, 95% of the students have entered the global world after studying.
The University of Auckland was established in 1883 in New Zealand. It is the leading University in the country, having over than 40000 students. It is located in Auckland and is famous for providing a qualitative education and life to the students.
The University of Waikato was established in 1964, located in Hamilton and Tauranga. It has 2 campuses having over 12500 students. It is highly known for its globally recognized management school, and the best facilities for research and practice while studying.
Auckland University of Technology is the second largest university in New Zealand. It has students across 140 countries, which highlights the diverse community of students. This is popular for providing global career opportunities to students with its 5000 industry partners worldwide. Its innovation, quality education, and employability make it the top university in New Zealand.
The Victoria University of Wellington was established in 1897. It has approximately 22000 students on their campus from 100+ countries. Being a leader in research and global education, this university offers many well-designed courses to the students and also has 40 research centers.
Lincoln University is located in Lincoln, which was established in 1878. It attracts students from 80+ countries and offers personalized learning with small class sizes. It focused on fields like agriculture, environment, and relatively.
Massey University is located in North Palmerston. It is home to over 5000 international students who belong to 100+ countries. This university is popular for its flexible and quality online education. It also provides the facilities for research and offers globally recognized certifications.
Located in Christchurch, the University of Canterbury was established in 1873. It offers quality education facilities, a strong focus on research, and a commitment to Māori values. It has 140000+ alumni across the world, which makes it famous among students.
Also Read: New Zealand Universities Accepting 10 Backlogs for Bachelors
New Zealand offers a globally recognized MBA degree to international students at an affordable price, which makes it an attractive destination for students. The cost of studying MBA in New Zealand is cheap and budget-friendly while the students still get an excellent education, post-study work opportunities, and also a safe & welcoming environment for students across the world. Generally, the cost of studying an MBA in New Zealand can range up to 25 lakhs in these universities. Let's take a look at it:
| MBA Universities in New Zealand | QS World Ranking 2025 | Approximate Annual Tuition Fees |
| University of Otago, Dunedin | 214 | INR 4L to INR 21L |
| University of Auckland, Auckland | 65 | INR 19L to INR 27L |
| University of Waikato, Hamilton | 235 | INR 15L to INR 19L |
| Auckland University of Technology (AUT), Auckland | 412 | INR 21L to INR 29L |
| Victoria University of Wellington, Wellington | 244 | INR 16L to INR 23L |
| Lincoln University, Lincoln | 371 | INR 8L to INR 10L |
| Massey University, Palmerston North | 239 | INR 4L to INR 7L |
| University of Canterbury, Christchurch | 261 | INR 16L |
Apart from the cost of studying MBA in New Zealand, it is important to know about the living costs also. It helps you determine the expenses and helps you during arranging the finances. The living costs in New Zealand can vary according to the lifestyle of the student and the location. If you choose a nearby location from college and a rental house on a budget, then it can make your expenses lower. But it's important to take a look at the approximate expense, as here it is:
| Living Expenses per year | Other Expenses per month |
| INR 10L to INR 14L |
|
To study an MBA in New Zealand, students have to fulfil some requirements by the university, which are as follows:
Apart from these eligibility requirements, there are also some documents required by the university:
To study MBA in New Zealand, you must know how to apply for admission there. Pursuing an MBA abroad can open doors for students to global career opportunities. Here you will get to understand the application process and how to enroll yourself in your desired course. The application process in New Zealand is simple, as with the right planning and timeline, you can make the admission journey smooth and easy. Here is a step-by-step guide for the students on how to apply for an MBA in New Zealand.
Begin your research early to find the top universities in New Zealand that offer MBA programs. Take a look at the university’s course fees, structure, faculty, location, and internship opportunities. Once you have shortlisted the university and course, plan your further process accordingly.
In New Zealand, most of the universities have their own online application portal. To apply for a particular university, students need to either fill out the application form. Follow the instructions of the university carefully while filling form to avoid errors or rejection.
With the application form submission, students have to submit a complete set of required documents. It is advisable for students to gather all their required documents in advance so that they don't face any last-minute challenges.
After submission of the application form and other required documents, students are required to pay the application amount, which is non-refundable. This amount may vary based on the university.
If you are shortlisted and it is confirmed by the university, then students may be asked for an interview. So prepare yourself in advance for this. It depends on the university whether this interview can be conducted over the phone, through video call, or through other digital platforms.
Students should be prepared on time. Don't miss the deadline for any process. It is good for you to apply early, because late submissions may not be considered by the university.
After all the confirmation regarding admission, apply for the student visa, as it also takes more than three months. For this, you have to submit some documents such as a valid passport, an admission letter, proof of funds, medical certificates, and other required documents.
With these steps and proper planning, you can make your admission process easy. So, plan your education journey carefully, and if you need any help, you can contact us.
To lower the financial burden of the students, New Zealand offers various scholarship options such as:
These scholarships provide a maximum value of INR 7.5 to the students. It will be given to the qualified students who have achieved excellent academic performance.
| Scholarships in New Zealand | Provided By | Awards |
| New Zealand Excellence Awards (NZEA) | New Zealand Government | Value of up to INR 5L |
| University of Auckland International Student Excellence Scholarships | The University of Auckland | Up to INR 5L towards compulsory tuition fees |
| University of Otago International Master’s Scholarship | The University of Otago | Stipend: INR 9.1L per annum. Tuition Fee Waiver: Covers 1 year, capped at the domestic rate |
Choosing New Zealand for studying an MBA abroad can be a life-changing decision for students. It allows them to achieve their dream at an affordable cost of studies and living, while providing the best and qualitative education. Here are some of the reasons explaining why studying MBA in New Zealand can be the best decision for students.
Affordable Study and Living Costs: MBA programs in New Zealand are affordable in comparison to other countries like the US or UK. It offers the best value of courses without compromising the education quality and career enhancement of students.
Work Opportunities After Studies: During the course, students can work part-time for their personal expenses, and after completion of the course, they can work with the post-study work visas.
High Quality of Life: The environment of New Zealand feels safe for the students. Universities also offer a safe and welcoming atmosphere to the students. Along with these, New Zealand has beautiful landscapes and modern cities to explore, which creates a balanced and enjoyable student lifestyle.
Industry-Relevant Curriculum: MBA courses in New Zealand Universities focus on practical learning and hands-on skills gain. They also provide the opportunity for internships, case studies, and projects to help students build strong industry connections.
Studying MBA in New Zealand has become a smart choice for Indian students who are struggling with their financial situation and affordability. It is a great place with the best universities, high-quality education, and a welcoming environment. Here, you can enhance your professional career at a global level without spending much. Now, just leave your worries and enroll for an MBA in New Zealand and make your dream come true.
