Popular Sections for New Mexico MBA Students
Interactive Table | Best MBAs Detail | Tuition | Salary | ROI | Average GMAT | No GMAT / GRE | How We Rank
Executive Summary MBA Programs in New Mexico for 2025
$18,520
Average MBA Tuition in New Mexico
$67,250
Average Starting MBA Salary in New Mexico
569
Average GMAT Scores in New Mexico
2,467
Average Student Enrollment in New Mexico
- In New Mexico there are 2 campus and 2 online MBA Programs.
- Starting salary for new MBA graduates in New Mexico is reported to be between $61,000 and $73,500 with an average of $67,250.
- Tuition for New Mexico campus MBA programs ranges from $10,314 to $26,725, and averages $18,520
- Online tuition in for New Mexico MBAs ranges between $10,314 to $26,725, with an average total tuition cost of $18,520
- The ROI for MBA programs in New Mexico is between the highest of 613% and the lowest of 128% with an average of 371%
- Average student enrollment in New Mexico varies between 1,819 and 3,115 with an overall average of 2,467.
- Student / Faculty Ratio for MBA programs in New Mexico varies between 14:1 and 23:1 with an average of 19:1 students.
- A GMAT score between 517 and 620 with an average of 569 is needed for acceptance into an MBA program.
- New Mexico has 2 MBA programs are ranked by the following institutions MBAGuide: 2.
Key Highlights:
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- This guide provides comprehensive data about tuition fees, average starting salaries, GMAT scores, and enrollment statistics for MBA programs in New Mexico.
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- It includes detailed profiles of both online and on-campus MBA programs in New Mexico, outlining their strengths, unique specializations, faculty expertise, and alumni networks to help align your study choice with your career ambitions.
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- This guide offers insights into New Mexico's diverse economic sectors, illustrating how an MBA degree can be a potent tool in these industries.
Top 5 Industries and Companies Hiring MBA Graduates in New Mexico
New Mexico's economy is marked by a diverse range of industries that present numerous opportunities for MBA graduates. The energy sector, driven primarily by oil and natural gas, is a key economic driver in New Mexico. This industry offers potential roles for MBA graduates in strategic planning, operations management, and finance.
In addition, New Mexico has a strong aerospace and defense industry, thanks to the presence of national laboratories and military bases. MBA graduates with concentrations in operations, project management, and finance can find rewarding opportunities in this sector.
Furthermore, the tourism industry is a significant contributor to the state's economy. It offers roles in marketing, operations, and strategic planning for MBA graduates.
Lastly, the state's healthcare sector is expanding, providing positions in healthcare management, strategy, and operations.
Major Industries in New Mexico | Relevance to MBA Students |
---|---|
Energy | Offers roles in strategic planning, operations management, and finance. Concentrations: Energy Management, Finance, Operations Management. |
Aerospace and Defense | Opportunities in operations, project management, and finance. Concentrations: Operations Management, Project Management, Finance. |
Tourism | Provides roles in marketing, operations, and strategic planning. Concentrations: Marketing, Operations Management, Strategic Management. |
Healthcare | An expanding industry providing roles in healthcare management, strategy, and operations. Concentrations: Healthcare Management, Strategic Management, Operations Management. |
Top Hiring Companies in New Mexico | Why Work There |
---|---|
Los Alamos National Laboratory | A major player in the defense sector, offering roles in project management, strategy, and operations. |
Presbyterian Healthcare Services | Offers opportunities in healthcare management, strategic planning, and operations. |
Sandia National Laboratories | Provides roles in project management, strategy, and operations within the defense sector. |
Intel Corporation | The Rio Rancho site offers roles in operations, project management, and strategy. |
New Mexico State Government | Offers roles in public administration, strategic planning, and project management. |
Sortable Table of the Top AACSB Accredited MBA Programs in New Mexico
Easily sort the interactive table below to find the best MBA programs by Rank, School Name, ROI, Tuition, Average Starting Salary, and Campus or Online to find and to compare MBA programs in New Mexico. Click on any school for a comprehensive school profile.
Rank | University | Avg. Graduate ROI | Avg. In State Tuition | Avg. Starting Salary | State | Campus and Online |
---|---|---|---|---|---|---|
1 | The University of New Mexico | 128.00% | $26,725 | $61,000 | NM | Yes |
2 | New Mexico State University | 613.00% | $10,314 | $73,500 | NM | Yes |
10 Best Ranked MBA Programs in New Mexico
The University of New Mexico
The Robert O. Anderson School of Management
Location:
- Albuquerque
,
- NM
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and Twitter- Tuition: $26,725
- Graduate Salary: $61,000
- Graduate ROI: 128%
- GMAT Required: Yes
- Avg. GMAT: 620
- Student / Faculty Ratio: 25:1
- Enrollment: 3115
Degree Level(s):
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- Concentrations: 3
- Accounting
- Information Systems
- Management
- Best in:
- Rankings
- City Rank: 1
- State Rank: 1
- National Rank: 322
- Online Rank: 234
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
New Mexico State University
College of Business
Location:
- Las Cruces
,
- NM
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and Twitter- Tuition: $10,314
- Graduate Salary: $73,500
- Graduate ROI: 613%
- GMAT Required: Yes
- Avg. GMAT: 517
- Student / Faculty Ratio: 15:1
- Enrollment: 1819
Degree Level(s):
- Doctoral
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Concentrations: 13
- Accounting
- Corporate Finance
- Economics
- Finance
- General Business
- Global Management
- Information Systems
- International Business
- Management
- Marketing
- Sports Management
- Statistics
- Sustainability
- Best in:
- Rankings
- City Rank: 1
- State Rank: 2
- National Rank: 325
- Online Rank: 236
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
New Mexico Highlands University
School of Business, Media and Technology
Location:
- Las Vegas
,
- NM
Control:
Academic Year:
Accredited: AACSB
Accreditation:
- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: Not Reported
- GMAT Required:
- Avg. GMAT:
- Student / Faculty Ratio: :1
- Enrollment: Not Reported
Degree Level(s):
Offered As:
- Concentrations: 4
- Accounting
- Entrepreneurship
- Finance
- International Business
- Best in:
- Rankings
- City Rank: 2
- State Rank: 3
- National Rank: 624
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Western New Mexico University
School of Business
Location:
,
- NM
Control:
Academic Year:
Accredited: AACSB
Accreditation:
- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: Not Reported
- GMAT Required:
- Avg. GMAT:
- Student / Faculty Ratio: :1
- Enrollment: Not Reported
Degree Level(s):
Offered As:
- Rankings
- City Rank: 69
- State Rank: 4
- National Rank: 668
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Eastern New Mexico University
School of Business
Location:
,
- NM
Control:
Academic Year:
Accredited: AACSB
Accreditation:
- Tuition: not reported
- Graduate Salary: Not Reported by School
- Graduate ROI: Not Reported
- GMAT Required:
- Avg. GMAT:
- Student / Faculty Ratio: :1
- Enrollment: Not Reported
Degree Level(s):
Offered As:
- Rankings
- City Rank: 106
- State Rank: 5
- National Rank: 788
- Online Rank: Not Ranked
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Compare MBA Program Averages in 2025
New Mexico, the U.S. and Online
Averages | New Mexico MBA Programs | Online MBA Programs | MBA Programs Nationwide |
---|---|---|---|
Average MBA Tuition | $18,520 | $37,167 | $42,528 |
Average Graduate Salary | $67,250 | $79,354 | $82,899 |
Average ROI | 371% | 196% | 185% |
Average GMAT Scores | 569 | 561 | 567 |
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
Most Affordable MBAs in New Mexico
- New Mexico State University - $10,314.00
- The University of New Mexico - $26,725.00
Most Expensive MBAs in New Mexico
- The University of New Mexico - $26,725.00
- New Mexico State University - $10,314.00
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
Schools with the Highest Graduate MBA Salaries in New Mexico
- New Mexico State University - $73,500.00
- The University of New Mexico - $61,000.00
Schools with the Lowest Graduate MBA Salaries in New Mexico
- The University of New Mexico - $61,000.00
- New Mexico State University - $73,500.00
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 371%, the lowest ROI is 128% from The University of New Mexico, and the best ROI is 613% from New Mexico State University.
The ROI from Online MBA programs in New Mexico range between 128% from The University of New Mexico and 613% from New Mexico State University. The average ROI of online MBA programs within New Mexico is 371%.
In-Person ROI for MBA Programs
- Average: 371% from New Mexico’s 2 in-person MBA Programs
- Lowest in-person: 128% from The University of New Mexico
- Highest in-person: 613% from New Mexico State University
Highest ROI for MBA Programs in New Mexico
- New Mexico State University - 613.00%
- The University of New Mexico - 128.00%
Lowest ROI for MBA Programs in New Mexico
- The University of New Mexico - 128.00%
- New Mexico State University - 613.00%
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
Lowest GMAT Scores in New Mexico
Highest GMAT Scores in New Mexico
No GMAT or GRE – Best MBA Programs in New Mexico
Rank | University | GMAT | Online | College Name | Based In |
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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 77 and 77. For part-time enrollment, the range is between : 115.00 and : 115.00.
Average Enrollment for In-Person MBA Programs
- Lowest: 77 from New Mexico State University
- Highest: 77 from New Mexico State University
- Average: 77 from New Mexico’s 2 MBA Programs.
- Average: 296 from 511 the nation’s campus MBA Programs.
Schools with the Lowest Student Enrollment in New Mexico
MBA Programs with the Highest Student Enrollment in New Mexico
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 13 MBA concentrations including:
- Information Systems: 2
- Accounting: 2
- Management: 2
- Corporate Finance: 1
- Economics: 1
- Finance: 1
- General Business: 1
- Global Management: 1
- International Business: 1
- Marketing: 1
What Schools Offer the Widest Variety of MBA Concentrations in New Mexico?
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.
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.
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 2 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.
2 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 13 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 2 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:
- MBAGuide: 2
How We Rank the Best MBA Programs in New Mexico
MBAGuide.org employs a comprehensive ranking methodology that combines quantitative data (80% of the score) with qualitative assessments (20%) to evaluate MBA programs. The quantitative component considers factors such as student-faculty ratio, tuition, enrollment, and post-graduation salaries, while the qualitative aspect incorporates editorial ratings and school reputation, providing a well-rounded view of each program’s quality and value.
Best MBA Programs by State: Online and In-Person
Alabama – Online | In-Person
Alaska – Online | In-Person
Arizona – Online | In-Person
Arkansas – Online | In-Person
California – Online | In-Person
Colorado – Online | In-Person
Connecticut – Online | In-Person
Delaware – Online | In-Person
Florida – Online | In-Person
Georgia – Online | In-Person
Hawaii – Online | In-Person
Idaho – Online | In-Person
Illinois – Online | In-Person
Indiana – Online | In-Person
Iowa – Online | In-Person
Kansas – Online | In-Person
Kentucky – Online | In-Person
Louisiana – Online | In-Person
Maine – Online | In-Person
Maryland – Online | In-Person
Massachusetts – Online | In-Person
Michigan – Online | In-Person
Minnesota – Online | In-Person
Mississippi – Online | In-Person
Missouri – Online | In-Person
Montana – Online | In-Person
Nebraska – Online | In-Person
Nevada – Online | In-Person
New Hampshire – Online | In-Person
New Jersey – Online | In-Person
New Mexico – Online | In-Person
New York – Online | In-Person
North Carolina – Online | In-Person
North Dakota – Online | In-Person
Ohio – Online | In-Person
Oklahoma – Online | In-Person
Oregon – Online | In-Person
Pennsylvania – Online | In-Person
Rhode Island – Online | In-Person
South Carolina – Online | In-Person
South Dakota – Online | In-Person
Tennessee – Online | In-Person
Texas – Online | In-Person
Utah – Online | In-Person
Vermont – Online | In-Person
Virginia – Online | In-Person
Washington – Online | In-Person
West Virginia – Online | In-Person
Wisconsin – Online | In-Person
Wyoming – Online | In-Person
District of Columbia – Online | In-Person
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