Cost of business study in new zealand
The cost of studying business in New Zealand can vary depending on several factors such as the institution, program, and duration of study. Here are some estimated costs to help you plan:
Tuition Fees:
- Bachelor's degree in business: NZD $25,000 - $35,000 per year (approximately USD $16,000 - $23,000)
- Master's degree in business: NZD $30,000 - $45,000 per year (approximately USD $20,000 - $30,000)
- Postgraduate diploma or certificate in business: NZD $15,000 - $25,000 per year (approximately USD $10,000 - $16,000)
Living Expenses:
- Accommodation: NZD $150 - $300 per week (approximately USD $100 - $200) for shared accommodation, and NZD $300 - $600 per week (approximately USD $200 - $400) for private accommodation
- Food: NZD $50 - $100 per week (approximately USD $30 - $60)
- Transportation: NZD $50 - $100 per month (approximately USD $30 - $60)
- Entertainment and miscellaneous: NZD $500 - $1,000 per month (approximately USD $300 - $600)
Total Estimated Cost:
- Bachelor's degree in business: NZD $60,000 - $100,000 per year (approximately USD $40,000 - $66,000)
- Master's degree in business: NZD $90,000 - $150,000 per year (approximately USD $60,000 - $100,000)
- Postgraduate diploma or certificate in business: NZD $30,000 - $60,000 per year (approximately USD $20,000 - $40,000)
Scholarships and Financial Aid:
- Many universities in New Zealand offer scholarships to international students, which can help reduce the cost of studying.
- Students can also apply for government-funded scholarships, such as the New Zealand Government's International Student Scholarship.
- Some universities offer financial aid packages, which may include a combination of scholarships, grants, and loans.
Other Expenses:
- Visa application fee: NZD $500 - $1,000 (approximately USD $300 - $600)
- Health insurance: NZD $300 - $600 per year (approximately USD $200 - $400)
- Textbooks and materials: NZD $500 - $1,000 per year (approximately USD $300 - $600)
It's essential to research the specific costs associated with the institution and program you're interested in, as well as any additional expenses you may incur.