Otago Business School, part of Otago University is among the top 1% business schools in the world. In addition to being a centre of academic excellence, Otago is New Zealand’s only true residential university with accreditations by AACSB and EQUIS. Around 3,000 international students study in the university which accounts for 85% of the total population coming to study in New Zealand. Top Programs offered by Otago Business School are Accountancy and Finance, DBA, Economics, Entrepreneurship, MBA, Information Science and others.
Otago Business School applications are open for the upcoming 2021 session till October 31, 2021 via its online portal. A minimum overall average of 75% in CBSE or CISCE with a minimum of 70% in English is mandatory for Indian applicants to get enrollment. Bachelor’s degree, work experience, Educational Credential Evaluators Report, scores of test to study in New Zealand and CV are important prerequisites that the admission team ask for. The average tuition fee of the programs is about 28,512 NZD – 46,584 NZD.
Highlights
| College Type | Public University |
| Foundation | 1869 |
| Annual Endowment | $27.9 Million |
| Location | Dunedin, Otago, New Zealand |
| Campus Setting | Urban |
| No. of Campus | 05 |
| Enrollment | Approx. 3000 |
| Mode of Program | Full-Time, Online |
| Academic Pattern | Semester- based |
| Graduation- Placement Rate | 95% |
| Financial Aid | Scholarships, Loans |
| Helpdesk | vpointvisa.com, 95517-60001 |
Otago Business School Rankings
As per QS 2021, the b-school is ranked:
- Five stars
- Top 200 for Global MBA
- #13 for Online MBA in the world
- #1 for Class Experience Online MBA
- 9th best MBA in Australia and New Zealand
- Top 100 for MBA in Operations Management Career Specialisation
Otago Business School Campus and Accommodations
Otago University has five campuses across New Zealand namely Auckland campus, Dunedin campus, Wellington campus, Christchurch campus and Invercargill campus. The Otago Business School which is the business school of Otago University is located in the Dunedin campus which is also the main campus of the university.
- Otago Business School campus is an architectural masterpiece comprising various libraries, school buildings, health and fitness facilities.
- More than 140 student clubs and organizations are there that adds up the students social and educational life.
- Otago’s residential campus offers the best collegial living with an excellent academic experience through 15 diverse residential colleges.
- Private accommodation in Dunedin is in high demand among international students as it is a safer option to choose with close proximity to the college.
- The University also offers a shared flat setting where the local students live with international students. This option is recommended for Exchange and Study Abroad students.
- Students can also opt for private residence options off-campus like living in shared flats with 3-7 more students.
- Studio apartments are available where students have their own rooms, bathrooms and shared kitchen with some basic facilities, living room and common area.
- There is also Homestay options for students to live with local families in their houses as paying guests.
Otago Business School Programs
Otago Business School programs are a total of 16 UG and PG degrees in subject areas of Accountancy and Finance, Economics, Entrepreneurship, Management, Human Resource Management, Information Science, International Business, Marketing, Politics, Philosophy and Economics and Tourism and Hospitality.
- The business school offers an ultra-flexible course structure.
- The University of Otago School of Business is accredited by two leading international agencies EQUIS and AACSB.
- Otago’s MBA is ranked #1 in New Zealand in QS 2021 Global Rankings.
- Some of the most popular departments are Management, Information Science, Marketing, Tourism, Economics, and Accountancy and Finance.
Otago Business School Admissions and Applications
International applicants must fulfil country-specific qualifications for admission to their choice of program and also apply for a visa to study in New Zealand after being accepted. An ECE evaluation report of transcripts is also required to determine the eligibility of international students.
The requirements for PG courses vary according to the programs. The basic requirements will be a completed bachelor’s level qualification in the same field and additional requirements such as work experience or professional registration in New Zealand.
Below is the basic summary of the admission process in the b-school:
Application Portal: Online Application
Application Fee: NA
Application Deadline: October 31
Admission Requirements
- Academic transcripts
- Educational Credential Evaluators Report
- Certified copy of personal details page of Passport or Birth Certificate
- A minimum of 75% in CBSE or CISCE with 70% in English
- A detailed research proposal
- An up-to-date curriculum vitae
- The name of the academic staff member who has agreed to be the supervisor.
- An approximate start date
English Proficiency Tests Score for International Students
Students from non-native English speaking countries need to prove their expertise in English. The B-school accepts the below English tests. However, the score for UG and PG varies which is tabulated below:
| Tests | UG | PG |
|---|---|---|
| IELTS | 6.0 | 6.5 |
| TOEFL PBT | 550 | 587 |
| TOEFL iBT | 80 | 95 |
| CPE | 176 | 176 |
| CAE | 176 | 176 |
| APIEL | Grade 3 | Grade 4 |
| PTE | 58 | 64 |
Otago Business School Cost of Attendance
The cost of attendance in New Zealand comprises the tuition fee for the chosen program and the cost of living that include rent, food, basic utilities, personal expenses, entertainment and insurance.
The following table represents the tuition fees and living expenses as of 2021 international students have to incur while coming to study in the b- school and staying in the country:
| Particulars | Costs (in NZD) |
|---|---|
| Undergraduate Tuition Fee | 29,367 |
| Graduate Diploma | 28,512 – 37,201 |
| Post-graduate Tuition Fee | 46,584 |
| Accommodation and Meal | 10,000- 20,000 |
International students must also add their overseas health insurance and visa processing charges while planning their finance at the business school.
Otago Business School Scholarships
International students looking for financial aid in New Zealand can opt for various external scholarships offered by sponsors and other organizations to get support financially. However, Otago Business School also offers a wide range of scholarships to international students. The details of a few of them are listed below:
| Scholarships | Eligibility Criteria | Amounts (in NZD) |
|---|---|---|
| Vice-Chancellor’s Scholarships for International Students | Students enrolling on full-time UG course | 10,000 for tuition fees |
| New Frontiers Scholarships | All incoming students enrolling on full-time UG course | up to 5,000 for tuition fees |
| Otago International Excellence Scholarships | Students enrolling into a master’s degree (coursework or research), honours degree, or postgraduate diploma in Business, Humanities or Sciences | 10,000 for tuition fees |
| University of Otago International Master’s Research Scholarship | Students enrolling in research master’s program | 15,000 stipend per annum plus a partial tuition fee waiver |
| University of Otago Coursework Master’s Scholarship | Students enrolling in a coursework master’s program | 10,000 for tuition fees |
Otago Business School Alumni
As an Otago Business School alumni, one has a number of benefits and access to resources provided by the university that includes-
- Library Membership
- Radio One app Discount card
- University Executive Residence
- University Book-Store
- IT training courses
- Otago University Press
- Otago Career Development Center
Some of the notable alumni of the university are:
- Amit Doshi – Marketing Manager at Maxx Orthopedics Inc, Philadelphia
- Purnima Singh – Co-founder at Loloma Fiji, Skincare Industry
- Rui Maria de Araújo – Prime Minister of Timor-Leste
- Bridget Robinson – Mackenzie Chair in Cancer Medicine
- Wendy Barron – National Director Afganistan Child Fund Organisation
Otago Business School Placements
The career prospects post the completion of studies at the University is bright for both domestic and international students to get jobs in New Zealand and worldwide. Many graduates take home six-figure salaries a year after graduation. Based on their salary figures and the low cost of undertaking most breakeven on their MBA investment within a year. Almost 40% of the graduate students earn anywhere between 70,000–110,000 NZD.
After graduation alumni’s of Otago Business School are working in sectors like Finance, Management, Accounting, Consulting and others, and are earning salaries:
| Professions | Average Salary (in NZD) |
|---|---|
| Executive Management & Change | 284,000 |
| Financial Service | 240,000 |
| Compliance, AML, KYC & Monitoring | 184,000 |
| Legal Department | 175,000 |
| Program & Project Management | 173,000 |
| Finance Control & Strategy | 124,000 |
| Consulting, Accounting & Professional Services | 60,000 |
Being one of the tops and famous business schools in the world, Otago Business School attracts highly meritorious students and the competition level for admission thus increases. Candidates are advised to apply way before the commencement of the programs with all the application requirements and outstanding academic records to get their first preference.
Top-notch educational programs which are industry and real-world- oriented offered in small- classes by industry experts increase the business school preference among international aspirants seeking education in New Zealand.
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