How much funds we have
to show for two years of MBA?
Ans. The way to show the
funds are that you will need to our show two components our component one is that
you will need to have the tuition fees to be to show and you also need to show
that living expenses towards your studies in New Zealand so approximately about
twenty thousand dollars is the average fee for a one-year course in New Zealand
and over and above that, you need to show living expenses are right
now determined by Immigration New Zealand that you need to
show fifteen thousand dollars for every one year of study so if you're coming
to do a course in New Zealand which cost you twenty thousand dollars of the
teaching fees then you need to show funds of twenty thousand dollars plus for
three thousand dollars which are the living expenses sir so and sometimes the Immigration
Department says hey look we want you to transfer those living expenses into
something called an FBS account because our fund's transfer scheme account her
in ANZ Bank of New Zealand because they were the Immigration Department
wants to ensure that you guys have adequate funds available to you while you're
studying and that you're not suffering for lack of money by not being able to
pay rents and all those transferring so sometimes they ask you to transfer that
money into an FBS account and a bank will then drip-feed it on an equated the monthly basis to you so over all the funds required ready for you will be the
tuition component plus $15,000 per year of study the additional cost will be
your visa application saying your fullest clearance certificate see you
medicals those kinds of are the other costs and of course are you'll have to pay
for your air tickets and land here and that's what it's required for but $15,000
in the year will take care of your living expenses in New Zealand so that's the
funds you need to have to get in touch with our team.
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