The New Zealand government has capped the number of universities in New Zealand at eight. All eight of New Zealand’s universities rank in the world’s top 500 and have many courses which rank in the world’s top 50.
A university is an institution of higher education and research which grants academic degrees in a variety of subjects and provides both undergraduate education and postgraduate education. The word "university" is derived from the Latin, which basically means "community of teachers and scholars
Although each institution is organized differently, nearly all universities have a board of trustees; a president, chancellor; at least one vice president, vice-chancellor; and deans of various divisions. Universities are generally divided into a number of academic departments, schools or faculties.
The average cost of studying at a university in New Zealand is between NZ$25,000-29,000 (Per Year) for a Bachelor’s Degree with an average duration of three years. The average cost of a postgraduate/masters qualification is between NZ$38,000-45,000 (Per Year). At PhD level, all students, both domestic and international pay the same fees, approximately NZ$6,500 (Per Year).
There are 18 Institutes of Technology in New Zealand which provide a technical and vocational education that is practical, hands-on training education, provided in a supportive and welcoming environment. When you graduate from an Institute of Technology you'll be work-ready for your chosen industry or profession, and you'll have all the skills employers need. Experience is a key factor in which employers look for in potential employees, ITP’s offer this experience as part of their training, giving you an advantage in the job market.
The average cost of studying at an Institute of Technology in New Zealand is approximately NZ$17,000 (Per Year) for a Bachelor’s Degree with an average duration of three years. The average cost of a postgraduate/masters qualification is NZ$21,500 (Per Year).
In New Zealand, you would be better off to choose an Institute of technology if you wish to have an education that prepares you for a particular job, for example Nursing, Design, Construction, Applied business, Applied accounting etc… However, if you were looking to do something like Medicine or Veterinary you would be obligated to choose a university. Universities are also a better choice for those wishing to follow a research based academic career and/or technical, such as Law, Psychology, International Relations, Politics etc.. But most courses are offered at both Universities and Institutes of Technology.