NZ MBA Guide 2006

Programme costs?

For many people, the financial aspect of pursuing an MBA is a major consideration. Compared to MBA programs offered overseas, most New Zealand MBA programs remain a much less expensive alternative. Program fees for domestic students vary from NZ$18,300 (AIS St Helens) to NZ$38,860 (Auckland). Fees for non-domestic students range from NZ$27,800 and NZ$47,280.

Textbooks. Auckland*, Canterbury* and Victoria* do not include textbooks in their quoted fees. Textbook costs have been estimated [$150 per topic] for these programs in order to compare ‘like with like’ in the table below.

Fee changes. Only one New Zealand MBA program (Otago) guarantees a total fee for the duration of the students’ program of study. All others quote annual fees, which often increase over the duration of the program of study. You are advised to check on how fees are handled in your preferred programs.

The fees reflected on this site are for the duration of a degree program and include ‘incidentals’ such as building levies and student services fees. They are subject to change according to the policy of each educational institution. Data collected through and including February 2007.

Institutions	Full-time (Domestic students)	Full-time (Non-domestic) students	Part-time	Fees can increase during study period
AIS St Helens	$18,300	$29,990	$18,300	yes
Auckland*		$50,389	$37,299	yes
AUT	$26,541	$32,500	$26,541	yes
Canterbury*	$26,324	$43,500	$26,324	yes
Henley			$36,000	yes
Massey	$21,500	$36,000	$29,500	yes
Otago	$27,844	$36,000		no
Southern Cross			$22,200	yes
Victoria*	$27,396	$37,800	$27,396	yes
Waikato	$31,950	N/A	N/A	yes
*Auckland has an additional $4000 fee for international study tour
* fees include our estimated textbook costs $150 per topic

Living costs?

For those who study full-time, the cost of pursuing the MBA also may include the cost of relocation. This may be reasonably easy to calculate for those who are single and fairly difficult for those who are married with children. When considering the cost of full-time study it is also important to look into the costs of accommodation, food and transportation within the community where you will be studying. There is considerable variation in living costs between the major cities within New Zealand and these costs can add substantially to the total cost of pursuing the MBA.

Student loans.

The Ministry of Social Development manages student loans in New Zealand. Student loans are available to applicants for New Zealand institutions’ programs only.

For further information, please check out their web site: http://www.studylink.govt.nz/about/about.html

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