MBA in New Zealand
Combining
the benefits of a developed country with the charm of a quiet and
peaceful countryside, New Zealand offers some distinct advantages over
other countries as a destination for education. An important advantage
of the MBA Program in New Zealand is the affordability - getting a
degree in NZ actually works out to be cheaper than many courses in other
countries.
Another significant advantage is the
welcoming nature of the New Zealanders and the relative ease in getting
there : NZ has recently opened its doors to students from South East
Asia. Getting yourself an MBA in New Zealand can change your life
forever.
Here you can get all the informations how to get your MBA degree from New Zealand.
MBA in New Zealand - Eligibility
Bachelor Degree:
Most
New Zealand universities accept the three-year graduation system for
entry into the MBA programme. So, if you have a three-year bachelor
degree like Bachelor of Arts (BA), Bachelor of Commerce (BCom) or
Bachelor of Science (BSc), this is acceptable as it is considered
equivalent to a New Zealand Bachelor (Ordinary) Degree.
However,
some universities may require an Honours degree. This is usually
equivalent to B.Com. (H), B.Sc. (H) or a four year degree course like
B.E.
For most good Universities, a good first degree from a leading university in India or its equivalent is essential.
Work Experience:
Most
New Zealand business schools require a minimum of three to four years
of work experience for admission to the MBA program. This is essential.
There are almost no good options for students, looking for an MBA program in New Zealand that does not require work experience.
GMAT:
GMAT
is accepted and recommended by some New Zealand universities for
admission to the MBA program. Check the table below for more details:
TOEFL/IELTS:
You
need to take either the TOEFL or IELTS for admission to an MBA program
in New Zealand. This is required for almost all business schools. This
mandatory for most schools even if you have studied in English medium
throughout.
Living Expenses
The approximate annual living expenses are about NZ $ 12,000, which includes accommodation as well as other daily expenses.
However,
the expenses are different for different people depending on the
lifestyles and this is just a rough idea, based on the recommendations
on the university websites.
Working while studying
If
you are studying in New Zealand, you must not work unless allowed to do
so by the New Zealand Immigration service. You can be granted
permission to work for upto 15 hours a week.
If you
have a student permit, you may be granted a work permit or a variation
of your student permit to allow you to gain practical experience on
completion of a three-year course, or over the summer vacation.
Post-MBA Employment
The
New Zealand rules allow you to take up work after completion of atleast
3 years of full time education. But most students who can get a job
after completion of their MBA, do manage to get a permit for work there.
The New Zealand job market for MBAs is not really flourishing. Its a
small country with a small population - jobs can be limited at the
management positions.
But if you are smart, and can
manage a job with your abilities, it can be a gateway to the rest of the
world. Most people work in New Zealand to later move on to the western
countries where it would be very difficult to find work in when applying
directly from India.
Health Care
It
is compulsory for students to take out full medical insurance cover. An
average medical insurance cover for a single student would cost
approximately NZ$500-600 per year. The Research & International
Office holds information on New Zealand medical insurance companies
which can be forwarded on request.
MBA in New Zealand - Student Visa
If
you are not already in New Zealand and are applying to New Zealand to
study, you must complete the requirements for the issue of a student
visa. You will be given the required forms by the New Zealand Government
office (the visa issuing officer) in your country. Requirements for a
student visa will normally include :
1. VERY
IMPORTANT:A written offer of a place, which notifies you that you have
been accepted by an educational institution in New Zealand to study
there.
2.EITHER A receipt for payment of course fees
(You are not required to produce the receipt before your application has
been approved in principle) OR - Evidence that you are exempt from
course fees. For e.g. A New Zealand Government Scholarship.
3.A
complete and signed ‘Application for Student Visa’ form, with a
passport-size photograph. You will be required to pay a non-refundable
student visa application fee.
4.A guarantee of
accommodation – a written assurance from an educational institution or
other person that suitable residential accommodation is available to you
in New Zealand.
5.Your passport or certificate of identity, which must be valid for the period of time for which you are applying to study.
6.Evidence that funds are available for your maintenance throughout your stay. One of the four is acceptable as evidence :
A
completed ‘Sponsoring a student’ form, in which your sponsor gives a
financial undertaking that he or she can transfer to New Zealand NZ
$7,000 a year : this amount is considered minimum for a year’s living
expenses.
A letter from your educational institution confirming that your living expenses have already been paid for as part of your fees.
A
bank document showing that funds of the required amount will be
available to you in New Zealand ($1000 for each month of your stay for
short term study, $7000 a year for long term study)
An award of a full New Zealand scholarship
If you intend of studying in New Zealand for more than 24 months, you will need :
1.Completed New Zealand Immigration service medical and chest X-ray certificates.
2.Character
clearances, which must be two original character references (if under
17 years of age), or a local police clearance (if you are 17 and over).
You will be advised of the procedure for obtaining these by the New
Zealand government office.
All these documents are
essential before a student visa is issued. When the overseas New Zealand
government office is satisfied that your application is complete and in
order, you will be issued a student visa .
For more information, You can visit us at
www.aecsworld.com
Make an online query,We will be happy to furnish you all the information about MBA in New Zealand.
Regards,
Abroad Education Consultancy Services World
No 6, 1
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Near BDA Complex, Opp. Pizza Hut
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