Introduction to studying a business degree in New Zealand
A business and management course is a discipline committed to developing the administration of organizations, which includes planning, organizing, and controlling the different aspects of business operations. It has a wide range of fields of study, which include:
- Advertising
- International Business
- Event planning and hospitality management
- Public administration
- Sales management
- Consulting
- Entrepreneurship
Business and management courses in New Zealand encompass a broader scope than you might initially imagine. They involve coordinating and administrating business activities, analyzing and predicting economic and financial market trends, and allocating resources to achieve specific objectives. Management applies to various domains, including accounting, human resources, marketing, etc. Pursuing a business management degree equips you with the skills and knowledge necessary to lead organizations of all sizes, cultivating your abilities as a valuable team player with a knack for creativity and innovation. Additionally, you’ll develop strong interpersonal skills, sharpen analytical and problem-solving capabilities, and gain financial acumen.
Studying in New Zealand is a strategic decision, given its 0.08% higher return on investment than other countries. Furthermore, the demand for business and management education is projected to grow significantly. The business and management courses in New Zealand cover a wide array of topics, including marketing, finance, economics, organizational management, management information systems, international trade, and more – all taught at top-tier business schools.
Types of Business and Management Courses in New Zealand
Diploma in Business and Management Studies
A diploma in business and management courses is a pathway to bachelor’s programs in New Zealand. It comprises business management and administration, financial management, global business, organizational behavior, and more. Students can opt for diploma programs in various specializations, such as sports management, marketing, supply chain management, etc.
- Course duration – one year
- Course fees – $26,000
- Entry requirements – academic scores in 12th, IELTS score, letter of recommendation, and statement of purpose.
Bachelor’s of Business and Management
An undergraduate business and management degree prepares students to develop coherent and broad knowledge and skills in a discipline for professional work and further learning. The curriculum covers essential business areas, such as marketing and strategic management, while preparing students for employment in all sectors and industries. It ensures graduates are highly adaptive and ready to pivot to meet industry needs.
- Course duration- three years
- Course fees- $30,000
- Entry requirements – excellent academic record with English language proficiency requirements.
Master’s in Business Management
The postgraduate degree (MBM/MBA) is designed for graduates in any bachelor’s discipline- from arts to engineering to social sciences. The curriculum provides an in-depth understanding of the fast-paced global business environment and hones your skills in all aspects of business and management courses in New Zealand. In addition, students will develop strong communication and problem-solving skills and learn techniques to lead and manage an organization.
- Course duration- two years
- Course fees – $55,000
- Entry requirements – Bachelor’s degree in any discipline, with GRE/GMAT and IELTS/TOEFL scores.
Doctorate in Business Management Studies
A PhD in business management comprises areas of management that provide a better understanding of different elements of corporate governance, such as human resources, operations, financial administration, sales, and marketing, preparing them for careers in teaching and research.
- Duration- three years
- Fees – $15,000
- Entry requirements – postgraduate degree with IELTS/TOEFL/PTE scores
Specializations in Business Management
The business and management studies are vast. Students interested in pursuing an MBA or Bachelors in Management can opt from any specializations below:
- Operations management
- International Business
- Supply chain management
- Corporate finance
- Entrepreneurship
- Brand management
- Business economics
- Information technology
- Accounting, etc.
Scholarships for Business and Management in New Zealand
Many New Zealand universities offer scholarships and financial assistance to students based on their academic performance and other criteria.
| Scholarship name | Offered by | Value |
| Helen Macmillan Brown Bursary | University of Canterbury | $2500 |
| University of Auckland International Student Excellence Scholarship | University of Auckland | $10,000 |
| Tongarewa Scholarship | Victoria University of Wellington | $10,000 |
| Vice Chancellor’s International Excellence Scholarship | University of Waikato | $15,000 |
| Alison Mac Gibbon Fund | University of Canterbury | $300 |
| WelTec Excellence Awards | Whitireia New Zealand and WelTec | $5000 |
Jobs and Careers
Studying business and management in New Zealand opens doors to diverse career opportunities across various sectors. Graduates can pursue corporate and business management roles, such as business analysts, project managers, and operations managers. Marketing and sales offer positions like marketing managers and digital marketing specialists, while finance and accounting provide pathways to becoming financial analysts, accountants, and finance managers. Human resources roles include HR managers and recruitment specialists, whereas consulting opportunities range from management consultants to IT consultants.
Additionally, graduates can venture into entrepreneurship as founders or small business owners. Other opportunities include education and training positions such as business lecturers and corporate trainers and roles in technology and innovation, real estate, and non-profit management.
Salary
In the business sector, your pay scale can vary depending on specialization, skills, experience and qualifications. The average payscale in New Zealand for business management graduates is as follows:
| Job profile | Average salary (annual) |
| Insurance agent | $70,000 |
| Broker | $1,30,000 |
| Finance Executive | $80,000 |
| Operations Manager | $80,000 |
| Market analyst | $75,000 |
Where can I study Business and Management in New Zealand?
To learn more about the best business and management courses in New Zealand, find details of the top ranking Business and Management universities in the QS World University Rankings by Subject 2024 below:
| Ranking | University | Acceptance rate |
| 1 | The University of Auckland | 45% |
| 2 | Auckland University of Technology | 91% |
| 3 | University of Otago | 58% |
| 4 | Victoria University of Wellington | 64% |
| 5 | Massey University | 65% |
| 6 | University of Canterbury | 50% |
| 7 | University of Waikato | 72% |
Study Business in New Zealand
If you want to learn more about studying for a business and management degree at a New Zealand university, arrange a free consultation with SI-New Zealand today.
FAQ
Is New Zealand a good option for a master’s in business management?
New Zealand’s education standards are exceptional, with a 0.08% higher ROI than other countries. In addition, it has diverse funding options and working visa availability, which makes it a good choice for pursuing a master’s in business management.
How much will it cost to study business management in New Zealand?
The cost of an education in business and management depends on the degree chosen. For example, an undergraduate degree can range around $30,000- $37,000. On the other hand, an MBA degree can cost anywhere from $50,000 – $60,000.
Is New Zealand suitable for business studies?
New Zealand is home to some of the top business schools in the world, with more than 50 specializations in business and management. Courses in NZ are well-structured and worth every penny, as they equip students with theoretical and practical skills, communication, leadership, and teamwork skills.