The quality of education and life is what comes along when you plan to study in New Zealand. Successfully beating the fight against Covid-19, New Zealand became one of the favorite destinations for international students. Being second in the Global Peace Index makes it one of the safest study locations.
New Zealand follows more of a practical approach towards education. Questioning, classroom discussions and seeking answers through research initiatives and experiential learning are a core part of the course curriculum in New Zealand.
The country is surely growing popular among Indian Students as there are over 35,000 Indian students pursuing higher education from universities in New Zealand. Masters in Management (MiM) has been gaining popularity over the years.
The course curriculum of a MIM course is mainly driven towards Accounting, Finance and Marketing. MIM, also known by the name MMgt in New Zealand, is a 1-2 year post-graduation program that provides a sense of practical experience through educational trips, internships etc.
Let's know more about the MMgt/MIM in NewZealand:
Highlights for the MIM Program in New Zealand
| Capital City | Wellington |
| Top Student Cities | Hamilton, Auckland, Wellington, Palmerston North, Dunedin |
| Medium of Instruction | English |
| Type of Visa Required | Fee-Paying Student Visa |
| Test Scores Required | TOEFL/ IELTS/ GRE/ GMAT |
| Cost of Living | Approximately 15,000 NZD per year |
| Average International Graduate Tuition Fees | 26,000 - 37,000 NZD |
| Financial Aid | International, Government and University-specific Scholarships |
| Work Study | Allowed |
Top Universities to Target for a MIM in New Zealand
| New Zealand Ranks 2022 (THE) | University Name | Duration of MIM/MMgt Program | Annual Fees |
| #1 | University Of Auckland | 15 months | NZ$62,910 (32,32,000 INR) |
| #2 | Auckland University Of Technology | 1.5 years | NZ$33,300 (17,16,747 INR) |
| #2 | University Of Otago | 12 months | NZ$47,840 (27,26,800 INR) |
| #4 | University Of Waikato | 1.5 years | NZ$47,275 (23,88,029 INR) |
| #5 | Lincoln University | 12 months | NZ$ 41,080 (20,75,097 INR) |
| #5 | Victoria University Of Wellington | 1 - 2 years | NZ$ 28.65K - 49.03K (14.44 lakh - 24.85 lakh) |
| #8 | Massey University | 1 - 2 years | NZ$ 31.56 K - 43.24 K (15.91 lakhs - 21.8 lakhs) |
Admission Process to Study in New Zealand
How to apply?
- There is a standard application process set up by each university for accepting applications from students all over the globe.
- Some students choose to apply themselves and are requested to consult the university representatives to gather useful information and understand the requirements.
- However, some applicants prefer to take up help from recognised education consultants for assistance during the admission process for studying in New Zealand.
When to apply?
- New Zealand accepts applications from students mainly in the month of March whereas some courses may allow students to apply in the month of July.
- Universities in New Zealand follow a semester system.
Admission Requirements
- The basic entry requirement for admission to a bachelor’s degree program is high school graduation with an overall 75+ or above in class 12
- A bachelor’s degree in a relevant field with a GPA anywhere above 5.0
- International students applying for a master in New Zealand needs to present a proof of English proficiency through TOEFL/IELTS or others test scores
- GRE is not really popular in New Zealand is not required for admissions.
Application Process
Applicants can commence their application for their desired universities online through the university-specific portals. Each university has its own eligibility criteria for admission to its Master’s program. You are supposed to pass those eligibility requirements to further start with your online application.
Select your Dream University:
The first step is to choose a university you are interested to apply for. You are advised to take a look at the eligibility requirements before start filling out your application form. Once you have selected the program you want to study, create an account on the university admissions portal and start filling out your personal information and academic history.
Scan and Submit Documents:
The second step is to scan all your professional documents individually and upload them on the application form. Some of the general professional documents are academic transcripts, financial documents and English Proficiency Test Scores. Also, if you are applying to multiple universities and courses then you have to repeat this step each time.
Track Your Application:
You can track the progress of your application once you have submitted your application. You can assess the deadlines and fulfill any other requirements that the university may ask you to comply with.
Acceptance of Offer
Once you have completed all the formalities, the university will assess your application and if it finds you a suitable candidate for the program, it will offer you a seat for the desired course. You have an option to either accept or decline. If you choose to accept the offer then you are required to pay some part of the program fees to secure your position.
Apply for Visa and Fly
Once you have decided to accept the offer, the application process for a student Visa begins!
It is advised to secure your accommodation, flight tickets, health and medical insurance and travel insurance before starting the student Visa registration. The processing time for a New Zealand student visa is generally 3-4 weeks.
VISA Requirements
If you are applying for a full-time program in New Zealand for more than 3 months then you are required to apply for a fee-paying student VISA. Students with a fee-paying VISA can stay for a period of 4 years in New Zealand. The VISA allows international students to -
- Study a full-time course in the English language
- Work part-time up to 20hr/week while studying and full time during holidays
Following are the requirements to be fulfilled for a fee-paying student visa:
- Passport or certificate of identity
- 1 photograph for online application or 2 photographs for paper application
- Medical examination
- Police certificate as proof of good character
- Admission offer from an approved education provider
- Proof of sufficient funds
- Full medical and travel insurance
- Proof of at least 15,000 NZD for a full year or 1,250 NZD per month for living expenses
- Evidence showing practical experience as a course requirement
Cost of Studying in New Zealand
International students planning to study in New Zealand should plan their budgets according to the expenses. Students are required to provide proof of sufficient funds to study in New Zealand. The overall cost of studying in New Zealand includes the tuition fees of the university and the cost of living. Education in New Zealand might seem to be a little more expensive but it offers great value for money.
Tuition Fees
The tuition fees vary from university to university. Annual university fees of various universities have been provided earlier. Tuition fees account for a majority part of the overall cost of a master's degree in New Zealand.
Cost Of Living
The cost of living in New Zealand includes expenses such as accommodation, utilities, food, transportation, entertainment, mobile etc. International students applying for a course of more than a year must have at least 15,000 NZD as a cost of living. However, students enrolling for programs shorter than a year must have at least 1,250 NZD per month.
The cost of living may differ on the basis of choices and lifestyle and also which part of the country you choose to live in. An approximate weekly living cost for studying in New Zealand is as follows:
| Expense | Amount (in NZD) |
| Accommodation | 270 |
| Utilities | 23 |
| Food | 129 |
| Transportation | 30 |
| Entertainment | 56 |
| Mobile | 11 |
| Internet | 9 |
| Insurance | 9 |
Scholarships to Study in New Zealand
The educational institutions, the government of New Zealand and other private institutions contribute towards the scholarships for international students in New Zealand.
There are many scholarships available for international students that be checked on the Education New Zealand website or the official university website that you are applying for.
However, some popular scholarships and their eligibility are mentioned in the table below:
| Scholarships | Eligibility | Value of Award |
| New Zealand Excellence Awards | International students from India are eligible to apply for this scholarship; students applying for this scholarship must have a GPA of B+ or higher in the most recent or highest degree qualification. |
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| New Zealand Commonwealth Scholarships | Applicants from commonwealth countries applying for a master’s or doctoral degree in New Zealand are eligible to apply for this scholarship. |
|
| Palmerston North City Mayor’s Goodwill Ambassador Scholarship | These scholarships are sponsored by the City Council of Palmerston North for promoting Palmerston North as a favorable location for international students. It is provided for career-based/vocational, undergraduate and postgraduate courses. |
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**There are a number of university-specific scholarships that can be checked on the official university websites.
** You can check some other government scholarships available for international students.
Work While Study
Another way to fund your education is by opting for a part-time job. Students that hold a study visa are eligible to work part-time up to 20 hours per week and full-time during holidays.
Part-time work can not only be seen as a medium of funding your education and everyday expenses but it also facilitates building networks, gaining employability skills, communication skills, teamwork, English language skills etc.
Jobs after MiM in New Zealand
Education in New Zealand is recognized all over the globe. However, students who wish to gain some practical experience after their master's in New Zealand will have to apply for a post-study work visa. The post-study work visa allows international students to work another 3 years after graduation in New Zealand.
Various job prospects after master’s in New Zealand are discussed below:
| Job Title | Range in NZ$ |
| Project Manager | 68,000 - 119,000 |
| Project Manager | 58,000 - 116,000 |
| Business Development Manager | 60,000 - 130,000 |
| Operations Manager | 91,000 - 167,000 |
| Office Manager | 91,000 - 167,000 |
| Business Analyst | 77,000 - 120,000 |
| Immigration Consultant | 46,000 - 70,000 |
Education in New Zealand is considered to be more competitive than in other nations. The employment rate in New Zealand is around 62.90% with numerous opportunities for international students.
For those looking for financial assistance, there are numerous opportunities available in the form of scholarships and other financial aids for international students in New Zealand.
New Zealand also encourages international students to study and settle in the country. The quality of education and recognition of the New Zealand degree all-round the globe has been attracting a good number of international students lately.
Q&A
Q. Is it worth studying MIM from New Zealand?
A. The exposure, opportunities and ROI make the MIM from New Zealand a desirable course to pursue a career in management.
Q. Who earns more MIM or MBA graduates?
A. According to an FT report, the MIM degree holders from the top 10 universities earned a salary between $75,000 to $114,000, whereas MBA degree holders hold a salary between $150,000 to $195,000.
Q. Is GMAT required for a MIM in New Zealand?
A. Yes, most universities in New Zealand require a GMAT score as a part of their admission process.
