Medical insurance, living expenses, and MBA admissions fees should all be considered when calculating the, On-Campus Accommodation Cost for MBA in New Zealand. In addition, it takes money to pursue a degree in New Zealand; you need valid student immigration permission. The following costs are all taken into account when determining the cost of living in New Zealand to study MBA:
Depending on the institution, the course specialization, and the student's lifestyle, the total living cost for Indian students in New Zealand per month to study MBA would range from 15,00,000 INR to 45,00,000 INR each year. The estimated cost of living in New Zealand while studying MBA may also differ from what you are used to back home. Students are responsible for covering their travel and lodging costs once they have enrolled at the university in New Zealand.
Other Expenses While Studying MBA in NZ |
Estmated Cost |
---|---|
Homestay | NZD 1,017 - NZD 1,356 (77,592 - 103,456 INR) (77,592 - 103,456 INR) |
Hostel | NZD 678 - NZD 1,017 (51,728 - 77,592 INR) (51,728 - 77,592 INR) |
Food | NZD 325 - NZD 372 (24,796 - 28,381 INR) (24,796 - 28,381 INR) |
Travelling | NZD 67.81 (5,173 INR) (5,173 INR) |
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Living expenses in New Zealand for Non-EU MBA students will depend entirely on their way of life and where they live. will depend entirely on their way of life and where they live. However, the best places to live in New Zealand are in the top three biggest cities: Auckland, Wellington, and Christchurch. Auckland and Wellington are the most expensive cities in terms of housing costs, dining out, and entertainment. Despite having a roughly 50% higher cost of living in New Zealand for a single person studying MBA than in rural communities, these three cities offer the broadest range of career opportunities.
With the assistance of GoNewZealand, discover the necessary living expenses while you pursue MBA in NewZealand. We offer support in calculating your expenses while studying and can assist you in securing an education loan with a low-interest rate to facilitate your academic journey. Get in touch with us now for comprehensive financial guidance and support!
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