Dr Lyon said another 60 were studying the course and the intake for next semester was already fully booked.
"We've got domestic students in New Zealand doing it, also there's New Zealand citizens studying who are residents in other countries, we've got international students in their own countries studying it, and there's international students who are residents in New Zealand studying this.
"The School of Business Studies has got students in South America, South Africa, China, India, England and other countries."
The alternative delivery mechanism of e-learning was broadening the polytech's market and providing revenue streams outside of the traditional area of the Bay of Plenty, Dr Lyon said.
"Most of the growth in this school in the past 18 months has been in this method of delivery, it's very much moving into an e-space."