Executive MBA in New Zealand

New Zealand is one of the top destinations for students around the world. The world-class education system along with the elevated level of living standards has allowed it to become a hotspot for students. Excellent research opportunities and internationally accredited qualifications, a friendly society and a great support system which are available for all international students make it ideal. One of the many sought-after courses in New Zealand is the Executive MBA. It is designed for experienced individuals who want to further elevate their skills. This blog is an introduction to the executive MBA course in New Zealand. 

What is an Executive MBA?

An executive master’s degree in business administration, sometimes known as an Executive MBA or EMBA, is a master’s degree in business administration for professionals with long work experience. This program’s curriculum is very comparable to that of a regular MBA programme. Working executives, managers, entrepreneurs, and other business professionals can benefit from an executive MBA programme. It is designed to educate and enhance their careers. The executive MBA programme is distinguished from many other MBA programmes by the amount of experience and ideas that students bring to the programme.

Reasons to Study Executive MBA in New Zealand

 An executive MBA in New Zealand is an extremely beneficial career investment. The reasons to pursue it are as follows:

1. Despite the uncertainty, the ‘Big Three’ businesses of Executive MBA i.e., consulting, finance, and technology have shown vigour in their recruitment efforts.
2. Executive MBAs are valued by New Zealand businesses for their strategic thinking, communication, and agility.
3. Every year, New Zealand remains a popular study destination for Indian students. Education New Zealand’s regional director, John Laxon, has extended their education and job options as a result.
4. The New Zealand Excellence Awards (NZEA) provide financial assistance to Indian students studying in New Zealand. Aside from that, individual colleges provide their students with a variety of scholarships.
5. International exchange is an option in many MBA programmes here. More elective options become available as a result of this. It can also broaden your horizons by allowing you to choose from a number of world-renowned business schools.

Executive MBA vs Regular MBA in New Zealand

Regular MBA	Executive MBA
Designed for young professionals who have just started their careers and want to enhance their scope	Designed specifically for senior executives, managers, and business owners
Typical age Bracket- 24 to 30	Typical Age bracket- 32-28
Some young professionals use MBA to switch their career field	Working professionals usually use EMBA to grow in their current careers

Executive MBA in New Zealand Curriculum

Courses required for graduation

Students are required to take eight fundamental courses to gain a basic understanding of important business possibilities and concerns: 

Executive Leadership	Strategic Marketing	Digital Information
Culture and Change	Corporate Financial Management

Courses offered as an option

Students can choose four elective courses from a variety of disciplines, such as:

Innovation and Entrepreneurship	Strategic Management
Negotiation	Dispute Resolution

Courses for Skills Improvement

As part of each core course, you’ll take part in professional development activities:

Personal Development	Leadership	Business
Professional Experience	Technology

Executive MBA in New Zealand Eligibility 

You must have the following qualifications to be admitted into this programme:

• At Least seven years of relevant work experience
• Relevant bachelor’s degree or equivalent of 3 to 4 years
• IELTS score of 6.0 or above
• A GPA of over 6.0 in the graduation program

Candidates would be called for a personal interview round depending on the requirements of the university. 

Documents Required 

Here are some of the important documents that are required for international students who want to pursue an executive MBA in New Zealand:

• Official academic transcripts 
• English language proficiency score
• Supplementary form
• Statement of Purpose/Personal Statement 
• Letters of Recommendation
• GMAT/GRE
• Work experience 
• Updated CV/Resume
• A passport 
• Bank Statements 

Cost of Studying

The average fees for studying the executive MBA in New Zealand is  NZD 40,000-45,000. This comes to approximately INR 20-25 lakhs. 

Cost of Living in New Zealand

Some areas or cities in New Zealand may be less expensive for students to reside in than others. In addition to tuition and insurance, you will require between $20,000 and $25,000 per year ($380–480 per week). This is required for accommodation/rent, food expenditures, transportation costs, phone bills, internet usage, and entertainment as an international student in New Zealand. The average living expenditure will be the same for everyone, regardless of tuition or course price. You may use our Cost of Living Calculator to determine the cost of living in New Zealand as a student. Therefore, the livings costs of New Zealand are relatively less and provide the best opportunities to study on a budget.

Scholarships for Executive MBA in New Zealand

 Pursuing an Executive MBA from New Zealand can be an expensive affair. However, this course provides your career with the ladder it needs. Following are some scholarships which could help you take up the course without drilling a hole in your pocket: 

Scholarship	Awarding Institute
AUT International Excellence Scholarship	Auckland University of Technology
MBA Awards	Massey University
International Excellence Scholarship	University of Waikato
Sir Alan Stewart Postgraduate Scholarships	Massey University
New Zealand Institute of Management Foundation Scholarship	Massey University
New Zealand Excellence Award	Education New Zealand
FUJIFILM Business Innovation Postgraduate Bursary	Massey University

Job Profiles

After pursuing your Executive MBA from New Zealand, there are a number of different opportunities that come forward. Following are some of the profiles under which Executive MBA graduates are recruited:

• Chief executive
• Chief operating officer
• Chief financial officer
• Chief marketing officer
• Chief information officer
• General Manager

To know more, Register here for UniConnect by creating an account and interact one on one with top university representatives, apply with one click and secure on-spot offers and scholarships.

FAQs

New Zealand is a wonderful location to study and an Executive MBA in New Zealand can help you advance your career. If you are someone who wants to apply to the Executive MBA in New Zealand, the counselors at Leverage Edu can guide you in the entire journey from application to admission. Make sure you avail the FREE session today by calling us on 1800572000.