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How much does it cost to study abroad, and what expenses should I budget for in Australia/New Zealand for a MBA?

31 Jul 2026 · Answered by Prakhar Pragy Dixit · 1 min read
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Studying abroad for an MBA typically involves tuition, living expenses, health insurance, visa fees, and travel.

- Australia: Tuition is AUD 45,000 - 95,000 for the full MBA, with annual living costs around AUD 21,000 - 25,000. Health insurance is about AUD 600 - 700/year, and the student visa fee is AUD 710.
- Singapore: Tuition at top schools is SGD 70,000 - 100,000 for the program. Monthly living expenses are SGD 1,200 - 3,400.
- New Zealand: Tuition is NZD 40,000 - 65,000 for the MBA, with monthly living costs NZD 1,500 - 2,500. Health insurance is NZD 600 - 800/year, and the visa fee is NZD 375.

Airfare, books, and personal expenses are additional. These figures are typical and subject to change based on university, city, and lifestyle.

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