Research the best MBA programs in New Mexico by concentrations offered, how the MBA programs are offered (full-time, part-time, online, weekend and evenings), rankings by publication, cost of tuition, number of alumni, GMAT requirements and more.
To meet the diverse needs of New Mexico businesses, MBA programs here have risen to the challenge by offering you an array of more than 36 MBA concentrations to specialize in.
Options for earning your MBA in New Mexico have never been more flexible. New Mexico MBA programs have become adept at offering effective alternatives for you to earn your MBA, no matter your life situation or schedule. You will find 9 different paths to earn your MBA in New Mexico including Online, Campus, Full-Time, 1-Year, Distance Education, Evenings and Weekends, Off Campus, Part-Time and Partnership.
New Mexico has 5 Accredited MBA programs. There are 0 private and 2 public schools offering MBA programs.
Online Business Programs Liked by New Mexico MBA Graduates
Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
Research additional school detail on the school summary pages, in the tables and charts below and throughout the site.
MBA Program Comparisons: New Mexico vs Online vs U.S.
| Compare MBA Programs Averages | New Mexico MBA Programs | Online MBA Programs | MBA Programs in the US |
|---|---|---|---|
| Average MBA Tuition | $16,845 | $33,130 | $39,291 |
| Average GMAT Scores | 550 | 530 | 543 |
| Average Full-Time MBA Faculty | 62 | 65 | 63 |
| Average MBA Student Faculty Ratio | 287:100 | 249:100 | 129:50 |
| Average # of MBA Faculty with Doctorate | 79.20% | 83.44% | 83.98% |
| Average Full-Time MBA Enrollment | 96 | 199 | 239 |
| Average Part-Time MBA Enrollment | 149 | 387 | 318 |
| Average % of MBA Students from U.S. | N/A | 76% | 75% |
Rankings for MBA Programs in New Mexico
The ranking of MBA programs is certainly not an exact science and plenty of subjective reasoning and biases come into play. We offer insights into ranking as another way to evaluate a potential MBA program.
Of the 5 accredited MBA programs offered in New Mexico, 2 of them have been recognized by at least one distinguished publication (MBAGuide) garnering an award as one of the best MBA programs in the country.
New Mexico schools have earned a total of 2 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:
Publications and the number of awards granted for New Mexico schools:
Salaries for MBA Graduates in New Mexico
While the average starting salary for graduates of an in-person MBA program in New Mexico is about $86,178, the lowest average MBA starting salary is $85,556 from The University of New Mexico, and the highest average MBA starting salary is $86,800 from New Mexico State University.
The average starting salary for graduates of an Online MBA program from an institution in New Mexico is between $85,556 from The University of New Mexico and $86,800 from New Mexico State University. The average starting MBA salary for graduates of online MBA programs within New Mexico is $86,178.
In-Person
- Average: $86,178 from New Mexico's 2 In-Person MBA Programs
- Lowest In-Person: $85,556 from The University of New Mexico
- Highest In-Person:$86,800 from New Mexico State University
Online
- Average: $86,178 from New Mexico's 2 Online MBA Programs
- Lowest Online: $85,556 from The University of New Mexico
- Highest Online: $86,800 from New Mexico State University
10 Highest Salaries for MBA Graduates in New Mexico
- New Mexico State University - $86,800.00
- The University of New Mexico - $85,556.00
10 Lowest Salaries for MBA Graduates in New Mexico
- The University of New Mexico - $85,556.00
- New Mexico State University - $86,800.00
Tuition for MBA Programs in New Mexico
If you plan on attending an MBA program, it's best to start thinking about fiscal responsibility. A prospective B-Student needs to weigh their tuition options. An AACSB-accredited MBA program can pave the way for a great starting salary or career advancement. An online MBA program can provide the flexibility of completing a program while being employed in your respective career.
While the average in-person MBA program in New Mexico will cost about $16,845, the least expensive MBA program is $11,851 from New Mexico State University, and the most expensive is $21,838 from The University of New Mexico.
An Online MBA program from an institution in New Mexico will cost you between $11,851 from New Mexico State University and $21,838 from The University of New Mexico. The average cost of online MBA programs within New Mexico is $16,845.
In-Person
- Average: $16,845 from New Mexico's 2 in-person MBA Programs
- Lowest in-person: $11,851 from New Mexico State University
- Highest in-person: $21,838 from The University of New Mexico
Online
- Average: $16,845 from New Mexico's 2 online MBA Programs
- Lowest online: $11,851 from New Mexico State University
- Highest online: $21,838 from The University of New Mexico
10 Most Expensive MBAs in New Mexico
- The University of New Mexico - $21,838.00
- New Mexico State University - $11,851.00
10 Least Expensive MBAs in New Mexico
- New Mexico State University - $11,851.00
- The University of New Mexico - $21,838.00
GMAT Scores Needed for MBA Programs in New Mexico
The Graduate Management Admission Test (GMAT) is a standardized examination used by MBA schools to assess their applicant pool. The test is strategically designed to measure an applicant’s analytical, verbal, writing and mathematical skills. The GMAT is used as a predictor of success in MBA programs and tests one’s ability to successfully handle the advanced quantitative and qualitative study of business and management.
While the average GMAT score needed for in-person MBA program in New Mexico is 550, the lowest average GMAT score is for an MBA program is 530 from New Mexico State University, and the highest GMAT score needed is 570 from The University of New Mexico.
The average GMAT score needed for an online MBA program from an institution in New Mexico is between 530 from New Mexico State University to 570 from The University of New Mexico. The average GMAT scored for online MBA programs within New Mexico is 550.
In-Person
- Average: 550 from New Mexico's 2 in-person MBA Programs
- Lowest in-person: 530 from New Mexico State University
- Highest in-person: 570 from The University of New Mexico
Online
- Average: 550 from New Mexico's 2 online MBA Programs
- Lowest online: 530 from New Mexico State University
- Highest online: 570 from The University of New Mexico
10 Highest GMAT Scores in New Mexico
10 Lowest GMAT Scores in New Mexico
Student Enrollment for New Mexico MBA Programs
The importance of networking, whether it's by way of campus job fairs, student organization members, or faculty mentorship, should not be understated. The average MBA enrollment size has a direct impact on your studies, your job prospects, and your ability to define your career goals.
Every B-School has a strategy behind their enrollment sizes. If a prospective B-Student is looking for networking opportunities, wants to attend job fairs, and plans on joining student organizations, B-School enrollment size plays an important role in the decision making process. For the B-Student interested in the smaller cohort-style classroom experience and thrive with face-to-face collaboration with their professors, a manageable enrollment size is the preferred option.
For New Mexico state's MBA programs, the range for full-time enrollment is between 96 and 96. For part-time enrollment, the range is between 149 and 149.
In Person
- Lowest: 96 from New Mexico State University
- Highest: 96 from New Mexico State University
- Average: 96 from New Mexico's 5 MBA Programs.
- Average: 243 from 876 the nation's campus MBA Programs.
Online
- Lowest: 96 from New Mexico State University
- Highest: 96 from New Mexico State University
- Average: 96 from New Mexico's 2 MBA Programs.
- Average: 199 from 324 nation's online MBA Programs.
Percent of Global MBA Student Population
The MBA programs in the United States are coveted around the world and attract a healthy percentage of global students each year. A culturally diverse student population is especially important in an ever-changing global economy. With increasing globalization, a well diversified student body from outside the United States can provide much needed global world-view as well as valuable networking opportunities.
In New Mexico the percentage of students from the United States varies from a low of N/A to a high of N/A.
For online programs in New Mexico the percentage of students from the United States varies from a low of N/A to a high of N/A.
In Person
- Lowest: N/A from N/A
- Highest: N/A from N/A
- Average: N/A from New Mexico's 2 in-person MBA Programs.
- Average: 75% from 590 nation's in-person MBA Programs.
Online
- Lowest: N/A from N/A
- Highest: N/A from N/A
- Average: N/A from New Mexico's 2 online MBA Programs.
- Average: 76% from 324 nation's online MBA Programs.
MBA Concentrations Available from MBA Programs in New Mexico
Highly competitive B-Schools recruit part-time and full-time professors that are both academic and industry influencers. They are the subject matter experts in their respective concentrations. To meet the diverse needs of New Mexico businesses, MBA programs here have risen to the challenge by offering you an array of more than 36 MBA concentrations including:
- Accounting: 4
- International Business: 4
- Finance: 3
- Information Systems: 3
- Real Estate: 2
- Marketing: 2
- Management: 2
- General Business: 2
- Law: 2
- Economics: 2
Here are the top schools offering the widest variety of concentrations to choose from:
- The University of New Mexico: 33
- New Mexico State University: 12
- New Mexico Highlands University: 4
- Western New Mexico University: 3
- Eastern New Mexico University: 1
Student / Faculty Ratio for MBA Programs in New Mexico
Quality MBA programs invest in the number of professors relative to the students attending the program. Commonly known as the Student Faculty ratio. Generally, the lower the ratio, the better it is for students. MBA students will get the personalized one-on-one attention from faculty mentors that have extensive experience in the industry. The Student/Faculty metric is a matter of personal preference and for those students who excel in lecture hall environments, you may not need the low student/faculty ratio.
In New Mexico the student faculty ratio for MBA programs ranges from the lowest (best) of 277:100 the highest (less desirable) of 297:100. For online MBA programs thee student faculty ratio for MBA programs ranges from the lowest (best) of 277:100 the highest (less desirable) of 297:100.
In Person
- Lowest: 277:100 from New Mexico State University
- Highest: 297:100 from The University of New Mexico
- Average: 287:100 from New Mexico's 2 MBA Programs.
- Average: 129:50 from 590 the nation's campus MBA Programs.
Online
- Lowest: 277:100 from New Mexico State University
- Highest: 297:100 from The University of New Mexico
- Average: 287:100 from New Mexico's 2 MBA Programs.
- Average: 249:100 from 324 nation's online MBA Programs.
10 Programs with the Highest Student Faculty Ratio
- The University of New Mexico - 297:100
- New Mexico State University - 277:100
10 Programs with the Lowest Student Faculty Ratio
- New Mexico State University - 277:100
- The University of New Mexico - 297:100
Full-Time Faculty
Highly competitive MBA schools recruit part-time and full-time professors that are both academics and industry influencers. They are the subject matter experts in their respective field. Most business professors have experienced success in the corporate world and have written extensively in their chosen field. The number of highly-qualified full-time faculty is directly related to the reputation of most elite MBA programs.
The number of full-time faculty for MBA programs in New Mexico ranges from a low of 56 professors to a high or 68.
- Lowest: 56 from The University of New Mexico
- Highest: 68 from New Mexico State University
- Average: 62 from New Mexico's 5 MBA Programs
- Average: 65 from 324 Online MBA Programs
Percent of Faculty with a PhD
Another high-level perspective to consider when determining the quality of an MBA faculty is to note the number of faculty who have earned a PhD in their respective area of excellence. Note to writer - create a fuller amount of content for this section.
In New Mexico MBA programs range from 75.80% of the faculty having a PhD to a 82.60% of the MBA faculty having a PhD.
- Lowest: 76% from The University of New Mexico
- Highest: 83% from New Mexico State University
- Average: 79% from New Mexico's 5 MBA Programs
- Average: 83% from 324 Online MBA Programs
The Importance of MBA Accreditation
The importance of accreditation can't be underestimated. For many, knowing your school is accredited by the AACSB and regionally accredited by the US Department of Education is enough assurance that you will receive a quality education, where credits are more likely to transfer, and you will be qualified for loans, grants, and scholarships.
AACSB accreditation is considered to be the gold standard in business school credentialing. Established to promote high-quality business education in the U.S., AACSB members developed a stringent accreditation process. Members are held accountable for following an established business education framework set forth by the AACSB. With that comes MBA degrees conferrals that are widely recognized by Fortune 500 companies. This results in lucrative job opportunities.
Cities in New Mexico with Accredited MBA Programs
Looking for a particular city in New Mexico with an accredited MBA program? Research and compare MBA programs from other cities in New Mexico. Find online programs, programs by concentration, by average GMAT score and more. The following is a list of cities in New Mexico with accredited MBA programs: Albuquerque and Las Cruces.
Table of Best Ranked MBA Programs in New Mexico
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RANKED 1
The University of New Mexico
The Robert O. Anderson School of Management
- 1924 Las Lomas Rd NE, Albuquerque, NM - 87106
Institution
Institution Control: Public- AACSB Accreditation: Business and Accounting
- Academic Year: Semester
MBA Program
MBA Degrees Conferred: 294- MBA Concentrations Offered: Accounting, Arts, Communications, Data Analytics, Economics, Education, Enterpreneurship, Entrepreneurship, Ethics, Finance, General Business, Healthcare Administration, Hospitality Management, Human Resources, Information Systems, Insurance, International Business, Law, Leadership, Management, Manufacturing, Marketing, Operations Management, Operations Research, Organisational Behaviour, Organizational Behavior, Public Administration, Quantitative Methods, Real Estate, Science and Technology, Strategic Management, Supply Chain and Taxation
- Offered As: Campus, Full-Time, Online and Part-Time
MBA Student Population
Full-time Enrollment:- Part-time Enrollment:
- Students from the US:
- Average GMAT Score: 570
MBA Faculty
Full-Time Faculty: 56- Full- and Part-time Faculty: 745
- Student / Faculty Ratio: 3:1
- Participating Faculty: 69
- Supporting Faculty: 35
- Faculty with Doctoral Degree: 76%
MBA Tuition & Fees
In-State Tuition: $10,919- Out-of-State Tuition: $24,371
- Out-of-Country Tuition: 0
MBA Program Ranking(s)
Ranked by: MBAGuideSocial Links
Facebook, Linkedin and Twitter
RANKED 2
New Mexico State University
College of Business
- 1320 E. University Ave, Las Cruces, NM - 88003
Institution
Institution Control: Public- AACSB Accreditation: Business and Accounting
- Academic Year: Semester
MBA Program
MBA Degrees Conferred: 109- MBA Concentrations Offered: Accounting, Agribusiness, Economics, Finance, General Business, Information Systems, International Business, Law, Management, Marketing, Real Estate and Statistics
- Offered As: Campus, Distance Education, Evenings and Weekends, Full-Time, Online and Part-Time
MBA Student Population
Full-time Enrollment: 96- Part-time Enrollment: 149
- Students from the US:
- Average GMAT Score: 530
MBA Faculty
Full-Time Faculty: 68- Full- and Part-time Faculty: 755
- Student / Faculty Ratio: 3:1
- Participating Faculty: 72
- Supporting Faculty: 28
- Faculty with Doctoral Degree: 83%
MBA Tuition & Fees
In-State Tuition: $5,926- Out-of-State Tuition: $18,275
- Out-of-Country Tuition: $18,275
MBA Program Ranking(s)
Ranked by: MBAGuideSocial Links
Facebook, Linkedin and Twitter
RANKED 3
New Mexico Highlands University
School of Business, Media and Technology
- 1005 Diamond St., Las Vegas, NM - 87701
Institution
Institution Control:- AACSB Accreditation:
- Academic Year:
MBA Program
MBA Degrees Conferred:- MBA Concentrations Offered: Accounting, Entrepreneurship, Finance and International Business
- Offered As:
MBA Student Population
Full-time Enrollment:- Part-time Enrollment:
- Students from the US:
- Average GMAT Score:
MBA Faculty
Full-Time Faculty:- Full- and Part-time Faculty:
- Student / Faculty Ratio:
- Participating Faculty:
- Supporting Faculty:
- Faculty with Doctoral Degree:
MBA Tuition & Fees
In-State Tuition: 0- Out-of-State Tuition: 0
- Out-of-Country Tuition: 0
MBA Program Ranking(s)
Ranked by:Social Links
RANKED 4
Western New Mexico University
School of Business
- 1000 W. College Ave., Silver City, NM - 88062
Institution
Institution Control:- AACSB Accreditation:
- Academic Year:
MBA Program
MBA Degrees Conferred:- MBA Concentrations Offered: Information Systems, International Business and Media
- Offered As:
MBA Student Population
Full-time Enrollment:- Part-time Enrollment:
- Students from the US:
- Average GMAT Score:
MBA Faculty
Full-Time Faculty:- Full- and Part-time Faculty:
- Student / Faculty Ratio:
- Participating Faculty:
- Supporting Faculty:
- Faculty with Doctoral Degree:
MBA Tuition & Fees
In-State Tuition: 0- Out-of-State Tuition: 0
- Out-of-Country Tuition: 0
MBA Program Ranking(s)
Ranked by:Social Links
RANKED 5
Eastern New Mexico University
School of Business
- 1500 S Ave K, Portales, NM - 88130
Institution
Institution Control:- AACSB Accreditation:
- Academic Year:
MBA Program
MBA Degrees Conferred:- MBA Concentrations Offered: Accounting
- Offered As:
MBA Student Population
Full-time Enrollment:- Part-time Enrollment:
- Students from the US:
- Average GMAT Score:
MBA Faculty
Full-Time Faculty:- Full- and Part-time Faculty:
- Student / Faculty Ratio:
- Participating Faculty:
- Supporting Faculty:
- Faculty with Doctoral Degree:
MBA Tuition & Fees
In-State Tuition: 0- Out-of-State Tuition: 0
- Out-of-Country Tuition: 0
MBA Program Ranking(s)
Ranked by:Social Links
Data sources: IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), 520 MBA Schools, U.S. Bureau of Labor Statistics (BLS). If you notice errors in the MBA program database, please contact us.
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