Masters in Business Administration (MBA) is a course widely recognised in almost all parts of the world. This postgraduate management degree builds leadership,
strategic thinking, and business skills. It prepares individuals for managerial and executive roles across industries. When it comes to MBA, New Zealand and Canada are among the top choices of aspirants. Let's have a look at all the factors that one considers. Eligibility criteria, Duration For admission in Canada, applicants must hold a bachelor’s degree from a recognised university and typically have 2–5 years of relevant work experience (which is mandatory for top-ranked business schools). Most of the Canadian universities require GMAT or GRE scores. International students aspiring to study in Canada must also prove English language proficiency through passing tests such as IELTS or TOEFL. Along with the factors stated above, aspirants are also evaluated on a strong statement of purpose (SOP), resume, and letters of recommendation. For admission in New Zealand, generally one should have a bachelor’s degree with 3–5 years of work experience being preferred rather than mandatory. Many universities in New Zealand do not require GMAT scores. However, proof of English language proficiency is compulsory. Universities give importance to interview-based assessments to evaluate leadership potential and professional experience. In Canada, MBA programmes usually range between 12 and 20 months. The duration depends on whether the programme is accelerated or traditional. Top universities offer one-year intensive MBAs whereas some universities offer the two-year formats that include internships, which is said to enhance employability. In New Zealand, MBA programmes typically last 12 to 18 months. The curriculum is more compact and often designed for working professionals. Universities there offer a strong emphasis on leadership, strategy, and applied management. Popular Universities for MBA Canada dominates global MBA rankings. Whereas New Zealand offers quality education with smaller cohorts and closer faculty interaction.
| Country | University (MBA Provider) |
|---|---|
| Canada | University of Toronto – Rotman School of Management |
| Canada | McGill University – Desautels Faculty of Management |
| Canada | University of British Columbia – Sauder School of Business |
| Canada | Western University – Ivey Business School |
| Canada | York University – Schulich School of Business |
| New Zealand | University of Auckland – Business School |
| New Zealand | University of Otago – Business School |
| New Zealand | University of Waikato – Management School |
| New Zealand | Victoria University of Wellington – Business School |
Cost of Study and Cost of Living
In Canada, MBA tuition fees range from INR 30 lakh to INR 55 lakh at top-ranked universities. Whereas mid-tier universities offer programmes between INR 25–35 lakh. As compared to Canada, MBA tuition is generally lower in New Zealand. Depending on the university, the tuition fee ranges from INR 20 lakh to INR 35 lakh.
Cost of Living: In Canada, living expenses vary by city. In cities like Toronto or Vancouver, annual living costs range between INR 12 and 18 lakh. However, smaller cities are comparatively cheaper. As compared to Canada, living costs are relatively uniform in New Zealand. The average ranges between Rs 10–15 lakh per year.
Scholarships
Canada offers more and higher-value scholarships but with tough competition, while New Zealand offers fewer scholarships but lower overall study costs, making funding more manageable.
| Country | Scholarship Type | Coverage | Key Notes |
|---|---|---|---|
| Canada | University / Business School Scholarships | Partial to full tuition | Merit-based; strong academics, work experience, GMAT preferred |
| Canada | Diversity & Leadership Awards | Partial tuition | Highly competitive; offered by top MBA schools |
| New Zealand | University Scholarships | Partial tuition | Based on academics and professional background |
| New Zealand | Government-linked Scholarships | Tuition + limited living support | Fewer options; simpler eligibility compared to Canada |
Canada has one of the most diverse job markets across the world. MBA graduates usually work in consulting, finance, technology, healthcare management, operations, and marketing roles. Depending on role and location, the average post-MBA salaries range from Rs 60–90 lakh per year.
New Zealand’s job market primarily focuses on domestic companies, public sector organisations, and regional headquarters. Average salaries for MBA graduates range from Rs 35–55 lakh per year.
Both the countries offer post-study work visas of up to three years for master’s graduates.
Both Canada and New Zealand offer a high quality of life. Canada is known for its modern and fast lifestyle and cold weather. New Zealand, on the other hand, offers a more relaxed lifestyle. It is considered one of the safest countries and is ideal for those who value work-life balance.
