2024 Best MBA Programs in New Mexico

Compare MBA Program Averages Across
New Mexico, the U.S. and Online

Averages	New Mexico MBA Programs	Online MBA Programs	MBA Programs in the US
Average MBA Tuition	$18,520	$38,875	: $43,475.55
Average GMAT Scores	: 568.50	557	561
Average Full-Time MBA Faculty	59	69	69
Average MBA Student Faculty Ratio	19:1	: 17:1	16:1
Average # of MBA Faculty with Doctorate	79.20%	83.45%	83.95%
Average Full-Time MBA Enrollment	212	279	288
Average Part-Time MBA Enrollment	324	404	354
Average % of MBA Students from U.S.	N/A	76%	75%

What Are the Best Ranked MBA Programs in New Mexico

Read about our ranking methodology.

What is the Average Graduate MBA Salary in New Mexico?

While the average starting salary for graduates of an in-person MBA program in New Mexico is about $67,250, the lowest average MBA starting salary is $61,000 from The University of New Mexico, and the highest average MBA starting salary is $73,500 from New Mexico State University.

The average starting salary for graduates of an Online MBA program from an institution in New Mexico is between $61,000 from The University of New Mexico and $73,500 from New Mexico State University. The average starting MBA salary for graduates of online MBA programs within New Mexico is $67,250.

Average Graduate Salaries for In-Person MBA Programs

• Average: $67,250 from New Mexico’s 2 In-Person MBA Programs
• Lowest In-Person: $61,000 from The University of New Mexico
• Highest In-Person:$73,500 from New Mexico State University

Average Graduate Salaries for Online MBA Programs

• Average: $67,250 from New Mexico’s 2 Online MBA Programs
• Lowest Online: $61,000 from The University of New Mexico
• Highest Online: $73,500 from New Mexico State University

10 Highest Salaries for MBA Graduates in New Mexico

1. New Mexico State University - $73,500.00
2. The University of New Mexico - $61,000.00

10 Lowest Salaries for MBA Graduates in New Mexico

1. The University of New Mexico - $61,000.00
2. New Mexico State University - $73,500.00

What is the Average 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 $18,520, the least expensive MBA program is $10,314 from New Mexico State University, and the most expensive is $26,725 from The University of New Mexico.

An Online MBA program from an institution in New Mexico will cost you between $10,314 from New Mexico State University and $26,725 from The University of New Mexico. The average cost of online MBA programs within New Mexico is $18,520.

Average Tuition for In-Person MBA Programs

Average: $18,520 from New Mexico’s 2 in-person MBA Programs
Lowest in-person: $10,314 from New Mexico State University
Highest in-person: $26,725 from The University of New Mexico

Average Tuition for Online MBA Programs

Average: $18,520 from New Mexico’s 2 online MBA Programs
Lowest online: $10,314 from New Mexico State University
Highest online: $26,725 from The University of New Mexico

Most Affordable MBAs in New Mexico

1. New Mexico State University - $10,314.00
2. The University of New Mexico - $26,725.00

Most Expensive MBAs in New Mexico

1. The University of New Mexico - $26,725.00
2. New Mexico State University - $10,314.00

What is the Average ROI for MBA Programs in New Mexico?

Choosing an MBA program requires more than a glance at the school’s reputation or curriculum. The return on investment (ROI) should take center stage in your evaluation. This measurement reveals the potential value derived from your tuition investment, putting key factors such as starting salary and career progression under the microscope.

By scrutinizing the ROI, you’re not just making a decision—you’re making an informed one. This approach will ensure the selection of an MBA program that provides the most bang for your buck. Checking the ROI might not be an afterthought; it could be the game-changer in your MBA journey.

While the average in-person MBA program ROI from New Mexico is 235%, the lowest ROI is 114% from The University of New Mexico, and the best ROI is 356% from New Mexico State University.

The ROI from Online MBA programs in New Mexico range between 114% from The University of New Mexico and 356% from New Mexico State University. The average ROI of online MBA programs within New Mexico is 235%.

In-Person ROI for MBA Programs

• Average: 235% from New Mexico’s 2 in-person MBA Programs
• Lowest in-person: 114% from The University of New Mexico
• Highest in-person: 356% from New Mexico State University

Online ROI for MBA Programs

• Average: 235% from New Mexico’s 2 online MBA Programs
• Lowest online: 114% from The University of New Mexico
• Highest online: 356% from New Mexico State University

Highest ROI for MBA Programs in New Mexico

1. New Mexico State University - 356.31%
2. The University of New Mexico - 114.13%

Lowest ROI for MBA Programs in New Mexico

1. The University of New Mexico - 114.13%
2. New Mexico State University - 356.31%

What is the Average GMAT Score Needed for an MBA Program 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 569, the lowest average GMAT score is for an MBA program is 517 from New Mexico State University, and the highest GMAT score needed is 620 from The University of New Mexico.

The average GMAT score needed for an online MBA program from an institution in New Mexico is between 517 from New Mexico State University to 620 from The University of New Mexico. The average GMAT scored for online MBA programs within New Mexico is 569.

Average GMAT Score for In-Person MBA Programs

• Average: 569 from New Mexico’s 2 in-person MBA Programs
• Lowest in-person: 517 from New Mexico State University
• Highest in-person: 620 from The University of New Mexico

Average GMAT Score for Online MBA Programs

• Average: 569 from New Mexico’s 2 online MBA Programs
• Lowest online: 517 from New Mexico State University
• Highest online: 620 from The University of New Mexico

10 Lowest GMAT Scores in New Mexico

1. New Mexico State University - 517
2. The University of New Mexico - 620

10 Highest GMAT Scores in New Mexico

1. The University of New Mexico - 620
2. New Mexico State University - 517

No GMAT or GRE – Best MBA Programs in New Mexico

MBA Schools with the Most Alumni New Mexico?

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 85 and 339. For part-time enrollment, the range is between : 142.00 and : 506.00.

Average Enrollment for In-Person MBA Programs

• Lowest: 85 from New Mexico State University
• Highest: 339 from The University of New Mexico
• Average: 212 from New Mexico’s 5 MBA Programs.
• Average: 291 from 875 the nation’s campus MBA Programs.

Average Enrollment for Online MBA Programs

• Lowest: 85 from New Mexico State University
• Highest: 339 from The University of New Mexico
• Average: 212 from New Mexico’s 2 MBA Programs.
• Average: 279 from 327 nation’s online MBA Programs.

Schools with the Lowest Student Enrollment in New Mexico

1. The University of New Mexico - 339
2. New Mexico State University - 85

MBA Programs with the Highest Student Enrollment in New Mexico

1. New Mexico State University - 85
2. The University of New Mexico - 339

What MBA Concentrations Available 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 22 MBA concentrations including:

• Accounting: 3
• Finance: 3
• International Business: 3
• Entrepreneurship: 3
• Marketing: 2
• Management: 2
• General Business: 2
• Information Systems: 2
• Sustainability: 2
• Ethics: 1

Here are the top schools offering the widest variety of concentrations to choose from:

• New Mexico State University: 15
• The University of New Mexico: 14
• New Mexico Highlands University: 4
• Western New Mexico University: 1
• Eastern New Mexico University: 1

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 Offering MBA Programs in New Mexico

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.

• Albuquerque
• Las Cruces

.

MBA Program Options Available in New Mexico

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.

New Mexico has 5 Accredited MBA programs. 0 private and 2 public schools offering MBA programs.

New Mexico has 2 public schools and 0 private schools offering MBA degree programs.

5 Accredited MBA programs.  and 2 public schools offering MBA programs.

New Mexico schools offer 7 different paths to earn your MBA in New Mexico including Campus, Full-Time, Online, Part-Time, Distance Education, Evenings and Weekends.

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 22 MBA concentrations to specialize in.

Awards 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:

• The University of New Mexico: 1
• New Mexico State University: 1

Publications and the number of awards granted for New Mexico schools:

• MBAGuide: 2

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.

Find: MBA Programs in New Mexico | Online MBA Programs in New Mexico Rankings: MBA Program Rankings | Online MBA Program Rankings Guides: Guide to Earning an Online MBA | Guide to Earning an MBA Concentrations: Online MBA Concentrations | Campus MBA Concentrations