The MBA programs in New Zealand are specifically designed for those who have acquired some work experience. To gain entry into an MBA program, one needs to have at least 2 years of work experience, though some institutions may look at people with a minimum 3 years experience. More experience is expected of people who have not studied business subjects before, like those with an undergraduate degree in Engineering, Science etc.
The MBA program is usually of 1.5 years duration, and is modular in structure. In the first stage, one can complete the first year, which is the Post Graduate Diploma in Business Administration. The students then have an option of either completing the remaining 6 months immediately thereafter, or else taking a break, getting a job and then subsequently complete the remaining modules of the MBA subsequently. The latter route is generally preferred by those with either financial or time constraints. The Post Graduate Diploma is also a work oriented program, and students can look at taking employment and a work permit after completing this as well.
Those looking at a research route can also take up the second year entirely by research, and that would give them a Master of Business degree. This degree is very suitable for those looking at Research as a career, or those wanting to get into academics. Though the Master of Business is usually self financed by the students, many also progress to a Doctorate subsequently at which stage they can have access to external funding, or be eligible for the local instead of the international fee structure.