Commerce and Business Studies Course in New Zealand

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Overview

The Commerce and Business Studies Course in New Zealand provides a dynamic and promising platform for students aspiring to excel in the world of business and economics. Renowned for its high-quality education, New Zealand offers a wide range of undergraduate and postgraduate programs in commerce, accounting, finance, marketing, and international business.

These courses combine theoretical knowledge with practical training, equipping students with essential skills needed to thrive in a competitive global market. The country's strong ties with the business community create ample networking opportunities and internships, fostering real-world experience and industry exposure.

Why Study Commerce and Business Studies Courses in New Zealand?

Studying Commerce and Business Studies Courses in New Zealand offers several compelling reasons for aspiring business professionals. The country's business courses emphasise practical learning, allowing students to gain real-world experience and develop essential skills sought after by employers globally.

New Zealand's strong business connections and internship opportunities enable students to network with industry leaders and gain valuable insights. The multicultural environment further enriches students' perspectives, fostering adaptability and cultural awareness crucial for success in the global business arena.

Studying Commerce and Business Studies in New Zealand opens doors to a promising and rewarding career in the dynamic world of commerce.

Commerce and Business Studies Courses in New Zealand

Universities in New Zealand offer the following Commerce and Business Studies Courses:

  • Bachelor of Commerce (BCom) - Various Specialisations (e.g., Accounting, Finance, Marketing, Management)

  • Bachelor of Business (BBus) - Various Specialisations

  • Master of Commerce (MCom) - Various Specialisations

  • Master of Business Administration (MBA)

  • Master of International Business (MIB)

  • Bachelor of Business Administration (BBA)

  • Bachelor of Applied Management (BAM)

  • Postgraduate Diploma in Business (PGDipBus)

  • Postgraduate Diploma in Commerce (PGDipCom)

  • Master of Professional Business Studies (MPBS)

  • Master of Strategic Management (MSM)

Top Universities for Commerce and Business Studies Courses in New Zealand

University Name Place QS Global University Ranking 2024
Lincoln University Canterbury, New Zealand #362
University of Canterbury Christchurch, New Zealand #256
Manukau Institute of Technology Auckland, New Zealand #4908
The University of Auckland Business School Auckland, New Zealand #68
New Zealand College of Business Christchurch, New Zealand #66

Cost of Studying for Commerce and Business Studies Courses in New Zealand

New Zealand universities offer a range of tuition fees based on study level, subject, and student status, with international students generally paying higher fees than domestic ones. For international undergraduate students, the annual tuition fees are typically around NZ$22,000-32,000, varying by field, with subjects like medicine and veterinary science having higher costs.

Domestic students from Australia and New Zealand enjoy subsidised fees, paying around NZ$10,000-25,000 per year. Additionally, the government's free fees initiative introduced in 2019 allows first-year domestic students to study for free, with up to NZ$12,000 covered for one year.

For postgraduate studies, international master's students can expect to pay NZ$26,000-37,000 annually, while domestic students pay NZ$5,000-10,000 per year. Interestingly, international PhD students pay the same as domestic students, with tuition fees ranging from NZ$6,500-$9,000 per year for most fields.

Cost of Living in New Zealand

If you plan to study in New Zealand for a year or longer, you'll need to demonstrate financial support of at least NZ$15,000 (~US$10,200) as part of your student visa application.

However, considering various factors like lifestyle, location, and spending habits, you may find it advisable to budget more. For instance, the University of Auckland recommends students to budget NZ$20,000-$25,000 (around US$13,500-16,900).

Living costs are higher in major cities like Wellington and Auckland. The University of Auckland estimates weekly expenses, including NZ$23 for utilities, NZ$8 for internet, NZ$10 for a mobile phone plan, NZ$8 for insurance, NZ$120 for food, NZ$35 for transport, and NZ$55 for entertainment (all approximate values in US dollars).

Scholarships for Commerce and Business Studies Courses in New Zealand

Scholarships for Commerce and Business Studies Courses in New Zealand are listed below:

  • New Zealand Development Scholarships (NZDS)

  • University of Auckland Business School Scholarships

  • Massey Business School International Student Study Awards

  • University of Otago Business School Scholarships

  • Victoria University of Wellington - Faculty of Commerce and Administration Scholarships

  • AUT Business, Economics and Law International Excellence Scholarship

Jobs after Commerce and Business Studies Course in New Zealand

After completing a Commerce and Business Studies course in New Zealand, graduates have access to a wide range of job opportunities.

01. Business Analyst :

  • Salary : Entry-level positions may earn around NZD 50,000 to NZD 70,000 per year. With experience, the salary can range from NZD 70,000 to NZD 100,000 or more.

02. Marketing Manager :

  • Salary : Entry-level positions may earn around NZD 50,000 to NZD 70,000 per year. With experience, the salary can range from NZD 70,000 to NZD 100,000 or more.

03. Financial Analyst :

  • Salary : Entry-level positions may earn around NZD 50,000 to NZD 70,000 per year. With experience, the salary can range from NZD 70,000 to NZD 100,000 or more.

04. Human Resources Manager

  • Salary : Entry-level positions may earn around NZD 55,000 to NZD 70,000 per year. With experience, the salary can range from NZD 70,000 to NZD 100,000 or more.

05. Accountant :

  • Salary : Entry-level positions may earn around NZD 45,000 to NZD 60,000 per year. With experience, the salary can range from NZD 60,000 to NZD 80,000 or more.

06. Sales Manager :

  • Salary : Entry-level positions may earn around NZD 60,000 to NZD 75,000 per year. With experience, the salary can range from NZD 80,000 to NZD 120,000 or more.

07. Supply Chain Manager :

  • Salary : Entry-level positions may earn around NZD 60,000 to NZD 80,000 per year. With experience, the salary can range from NZD 80,000 to NZD 120,000 or more.

08. Project Manager :

  • Salary : Entry-level positions may earn around NZD 60,000 to NZD 80,000 per year. With experience, the salary can range from NZD 80,000 to NZD 120,000 or more.

09. E-commerce Manager :

  • Salary : Entry-level positions may earn around NZD 60,000 to NZD 75,000 per year. With experience, the salary can range from NZD 80,000 to NZD 120,000 or more.

10. Entrepreneur :

  • Salary : Entrepreneurial income can vary widely based on the success of the business and the industry. Successful entrepreneurs can earn substantial profits, but early-stage earnings may be modest or uncertain.

Conclusion

In conclusion, pursuing a Commerce and Business Studies course in New Zealand offers a plethora of advantages that make it an excellent choice for aspiring business professionals.

The country's reputable education system provides a strong academic foundation, equipping students with essential skills and knowledge to excel in the competitive global business landscape.

The practical learning approach, along with ample internship opportunities and industry connections, ensures graduates are well-prepared to tackle real-world challenges. Moreover, New Zealand's multicultural environment fosters cultural awareness and adaptability, key traits for success in international business.

If you are unsure or would like to get deeper insight, we encourage you to speak with our team of expert counsellors at Meridean Overseas Education Consultants (MOEC).

If you cannot travel to our offices, we offer online counselling services via our website. Our dedicated counsellors will provide the best guidance regarding your application to study in New Zealand. Don’t hesitate to contact us at application02@meridean.org or call us at 1800-1230-00011.

FAQs

New Zealand universities offer a variety of courses in Commerce and Business Studies, including a Bachelor of Commerce (BCom) with various specialisations such as Accounting, Finance, Marketing, and Management. Postgraduate options include Master of Business Administration (MBA), Master of Commerce (MCom), and other specialised master’s programs in areas like International Business and Human Resource Management.

New Zealand is home to several prestigious institutions known for their business programs. Some of the well-regarded colleges and universities include the University of Auckland, University of Otago, Victoria University of Wellington, Massey University, and Auckland University of Technology (AUT), among others.

Yes, there are scholarships available for international students studying Commerce and Business Studies in New Zealand. Scholarships like the New Zealand Development Scholarships (NZDS) and university-specific scholarships offer financial support to eligible international students.

Graduates of Commerce and Business Studies courses in New Zealand have promising career opportunities across various industries. They can pursue careers as Business Analysts, Marketing Managers, Financial Analysts, Human Resources Managers, Accountants, Sales Managers, Project Managers, Supply Chain Managers, E-commerce Managers, and even become successful entrepreneurs.

Yes, studying Commerce and Business Studies in New Zealand offers exposure to the global business environment. The country's multicultural society, combined with international faculty and diverse student cohorts, provides an enriching experience that prepares students for international business ventures and challenges.

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