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      • Sports Mgmt – $78,406
      • Statistics – $103,112
      • Healthcare Mgmt – $85,206
      • Taxation –  $121,750

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The University of New Mexico

Posted onMay 7, 2021March 6, 2025 Updated onMarch 9, 2025 Reading Time: 5 minutes

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The University of New Mexico The Robert O. Anderson School of Management
Master's and MBA Programs in Business
Tuition, ROI, Graduate Salary, GMAT Requirements

 

$26,725

Average Tuition

$61,000

Average Starting Salary*

620

Average GMAT Scores

3,115

Average Student Enrollment


The Robert O. Anderson School of Management at The University of New Mexico MBA Program in Albuquerque, NM

The University of New Mexico

The Robert O. Anderson School of Management

  • 1 University of New Mexico, MSC 05 3090, Albuquerque, NM - 87131
  • The University of New Mexico

  • Business School

    Institution Control: Public
  • AACSB Accreditation: Business and Accounting
  • Academic Year: Semester
  • Full-Time Faculty: 58
  • Business Programs

    Business Degrees & Concentrations: Accounting, Information Systems and Management

  • Offered As: Campus, Full-Time, Online and Part-Time

  • Undergraduate School of Business

    Undergrad Degrees Conferred: 560
  • In-State Tuition: $7,856

  • MBA Program Ranking(s)

    Ranked by: MBAGuide

  • MBA Tuition & Fees

    In-State Tuition: $26,725

  • Enrollment

    Full-time, All: 3,115

  • Average GMAT Score

    Average GMAT MBA: 620

  • Student / Faculty Ratio

    Institution: 25:1

  • Average Starting Salary

    Graduate Salary*: $61,000

  • Award Levels

    Award Levels Offered: E-MBA, Master, MBA and Undergraduate

  • Social Links

    Facebook, Linkedin and Twitter

  • GMAT Requirements

    GMAT Required* (yes, no, optional, recommended): Yes

  • MBAGuide Rankings

    Program Rankings:
    • Best MBA Programs
    • Most Affordable Online MBA or Masters in New Mexico
    • Best MBA or Masters Program in New Mexico
    • Best Online MBA or Masters in New Mexico

Compare The University of New Mexico's Tuition, Salary, ROI, Student / Faculty Ratio, Enrollment (Alumni) and GMAT Requirements

Compare how the MBA program at The University of New Mexico measures up against New Mexico, national, and online averages across key metrics of Tuition, Graduate Salary, Graduate ROI, Student / Faculty Ratios, Enrollment (Alumni) and GMAT Requirements to help you evaluate your educational investment.

Averages The University of New Mexico Online New Mexico
Tuition $26,725 $37,167 $18,520
Salary $61,000 $79,354 $67,250
ROI 128% 196% 371%
S/F Ratio 23:1 17:1 19:1
 Enrollment 3115 2,654 2,467
GMAT GMAT Required: Yes

Average GMAT Score: 620

561 569

Compare Average MBA Tuition

In New Mexico the most affordable MBA program is $10,314 and the most expensive is $26,725. The average tuition cost in the state is $18,520. Currently, the average in-state MBA tuition for The University of New Mexico is $26,725.

Comparison Group MBA Tuition Averages
The University of New Mexico $26,725
New Mexico Average $18,520
Online Average $37,167
National Average $42,528

    • The University of New Mexico average in-state tuition is $26,725
    • The average New Mexico in-state MBA tuition is $18,520
    • The average online MBA tuition in the United States is $37,167
    • The national average in-state tuition in the United States is $42,528

The most affordable Online MBA program in New Mexico is $10,314 while the most expensive online program is $26,725. The average online tuition for New Mexico programs is $18,520. Research the most affordable AACSB online MBA programs across the nation.

  • The University of New Mexico's average in-state tuition is $26,725
  • New Mexico average in-state tuition is $18,520
  • National for average in-state tuition in the United States is $37,167
  • Online average for in-state tuition is $37,167
  • Find the most affordable online MBA schools.

Compare Average Graduate MBA Salaries

The highest average graduate salary1 for an MBA program in New Mexico is $73,500 and the lowest is $61,000. The average graduate MBA salary in the state is $67,250. Currently, the average MBA graduate salary for The University of New Mexico is estimated to be $61,000.

Comparison Group Graduate MBA Salary Averages
The University of New Mexico $61,000
New Mexico Average $67,250
Online Average $79,354
National Average $82,899

    • National average for MBA graduate salary is $82,899
    • Online average for graduate MBA salary is $79,354

For online MBA programs in New Mexico, the highest average graduate salary1 is $73,500 and the lowest is $61,000. The average graduate MBA salary in the state is $67,250. Currently, the average MBA graduate salary for The University of New Mexico is estimated to be $61,000.

    • New Mexico average for online MBA starting salary is $67,250
    • National average for online MBA starting salary is $79,354

Find the online MBA programs with highest and lowest average online MBA starting salaries.

Compare Average ROI for Graduate MBA Students

The highest average graduate ROI1 for MBA students in New Mexico is 613% and the lowest is 128%. The average graduate MBA ROI in the state is 371%. Currently, the average MBA graduate ROI for The University of New Mexico is estimated to be 128%.

Comparison Group Graduate MBA ROI Averages
The University of New Mexico 128%
New Mexico Average 371%
Online Average 196%
National Average 186%

    • National average for MBA graduate ROI is 186%
    • Online average for graduate MBA ROI is 196%

For online MBA programs in New Mexico, the highest average graduate ROI1 is 613% and the lowest is 128%. The average graduate MBA ROI in the state is 371%. Currently, the average MBA graduate ROI for The University of New Mexico is estimated to be 128%.

    • New Mexico average for online MBA starting ROI is 371%
    • National average for online MBA starting ROI is 196%

Find the schools with the highest and lowest ROI for graduating MBA students.

Compare Business School Student / Faculty Ratios

The average student to faulty ratio for business schools in New Mexico ranges between a low of 14:1 to a high of 23:1 with an average Student Faculty Ratio of 19:1. Currently, The University of New Mexico has an average student-to-faculty ratio for its MBA program of 23:1.

Comparison Group Average Student to Faculty Ratios
The University of New Mexico 23:1
New Mexico Average 19:1
Online Average 17:1
National Average 16:1

    • The University of New Mexico Average Student Faculty Ratio: 23:1
    • New Mexico Student Faculty Ratio: 19:1
    • Average U.S. Student Faculty Ratio: 16:1
    • Average Online Student Faculty Ratio: 17:1

For online MBA programs, the student-to-faculty ratios range between a low of 2:1 to a high of 63:1 with an average of 17:1.

Research the best and worst student-to-faculty ratios.

Compare Average Business School Enrollment (Alumni)

In New Mexico, the average business school enrollment ranges between a low of 1,819 to a high of 3,115 with an average of 2,467. Currently, The University of New Mexico average school enrollment is 3115.

Comparison Group Average Business School Enrollment / Alumni
The University of New Mexico 3115
New Mexico Average 2,467
Online Average 2,654
National Average 2,533

 

    • The University of New Mexico Average School Enrollment: 3115
    • New Mexico's Average School Enrollment: 2,467
    • National Average for School Enrollment: 2,533
    • Online Average for School Enrollment: 2,654

For online business schools, enrollments range from a low of 152 to a high of 21,000 with an average of 2,654.

Research, find and compare online business schools enrollments.

Compare Average GMAT Scores

The average GMAT score for an MBA program in New Mexico ranges between a low of 517 to a high of 620 with an average of 569. At the present time, The University of New Mexico average GMAT score for its MBA program is 620.

Comparison Group Average GMAT Scores
The University of New Mexico 620
New Mexico Average 569
Online Average 561
National Average 567

    • The University of New Mexico Average GMAT: 620
    • New Mexico's Average GMAT Scores: 569
    • National Average for GMAT Scores: 567
    • Online Average for GMAT Scores: 561

For online MBA programs GMAT scores range from a low of 265 to a high of 732 with an average of 561.

Many MBA programs no longer require the GMAT, making these exams optional or conditional based on specific criteria. While some business schools have eliminated standardized testing requirements entirely, others still consider test scores as a component of the application process. Even at test-optional institutions, admissions committees may require the GMAT for applicants with lower GPAs or limited quantitative coursework. Ultimately, strong test scores can strengthen an application, but many programs now evaluate candidates holistically based on work experience, academic background, and leadership potential.

    • Find MBA programs that do not require a GMAT or make the exam optional or conditional
    • Find Online MBA programs with the highest and lowest GMAT requirements

New Mexico Schools Offering Online MBA Degrees

  • The University of New Mexico
  • New Mexico State University

New Mexico Schools Offering both Campus and Online MBA Degrees

Find the best ranked MBA programs in New Mexico and also find the best best online MBA programs accepting New Mexico students.

  • The University of New Mexico
  • New Mexico State University

Cities in New Mexico Where You Can Find MBA Programs

Using the following links, compare average tuition costs, starting graduate salaries, program ROIs, averaged required GMAT scores, strong alumni networks and more.

  • Albuquerque
  • Las Cruces
.

The University of New Mexico The Robert O. Anderson School of Management Summary

In-state tuition and fees for the MBA program at The Robert O. Anderson School of Management is $26,725. Of all MBA programs offered in New Mexico, the average cost for in-state tuition and fees is $18,520 a year. The average cost for in-state tuition and fees for an online MBA program is $37,167 a year.

The average GMAT score to enter into The Robert O. Anderson School of Management is 620 while the average GMAT score to for MBA schools in New Mexico is 568.50, and the average GMAT score to enter into an online GMAT program is 560.93.

After graduating, the school reports that the average graduate salary is $61,000.

Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 128%

The average in-state tuition you can expect to pay is about $26,725, and the average GMAT score for acceptance in their program is 620.

After graduating, the school reports that the average graduate salary is $61,000. Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 128%

Programs are offered as: Campus, Full-Time, Online and Part-Time.

The school is ranked by: The University of New Mexico's MBA program is accredited by the AACSB and is ranked by the following publications: MBAGuide

Averages The University of New Mexico Online New Mexico
Tuition $26,725 $37,167 $18,520
Salary $61,000 $79,354 $67,250
ROI 128% 196% 371%
S/F Ratio 23:1 17:1 19:1
 Enrollment 3115 2,654 2,467
GMAT GMAT Required: Yes

Average GMAT Score: 620

561 569

1*If a school does not provide average graduate salary information or graduate ROI data on their web site, MBAGuide estimates these figures using a variety of state and regional sources including the CollegeNavigator, the U.S. Bureau of Labor Statistics and state or regional equivalents. If you find mistakes in our database, please contact us.

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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  • Rankings
    • Best Online

      • Overall
      • Most Respected
      • Salary
      • ROI
      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Best Campus

      • Overall
      • Most Respected
      • Salary
      • ROI
      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Types of MBAs

      • 1-Year
      • E-MBA
      • Part-Time
      • Evenings & Weekends
      • Dual
      • Grad Certificate
      • Undergrad Certificate
      • Entrepreneurship Development Programs
      • Emerging Leadership Programs

  • States
    • West

      • Alaska
      • Arizona
      • California
      • Colorado
      • Hawaii
      • Idaho
      • Montana
      • Nevada
      • New Mexico
      • Oregon
      • Utah
      • Washington
      • Wyoming

      Midwest

      • Illinois
      • Indiana
      • Iowa
      • Kansas
      • Michigan
      • Minnesota
      • Missouri
      • Nebraska
      • North Dakota
      • Ohio
      • South Dakota
      • Wisconsin

      Northeast

      • Connecticut
      • Maine
      • Massachusetts
      • New Hampshire
      • New Jersey
      • New York
      • Pennsylvania
      • Rhode Island
      • Vermont

      South

      • Alabama
      • Arkansas
      • Delaware
      • Florida
      • Georgia
      • Kentucky
      • Louisiana
      • Maryland
      • Mississippi
      • North Carolina
      • Oklahoma
      • South Carolina
      • Tennessee
      • Texas
      • Virginia
      • West Virginia

      MBA Program Rankings and Reports for All 50 States

  • Concentrations
    • Most AACSB Programs Offered

      • Finance – 430
      • Accounting – 444
      • Marketing – 405
      • Management – 433
      • Business Administration – 453
      • Information Systems – 274
      • Intl Business – 210
      • Entrepreneurship – 218
      • Economics – 220
      • Supply Chain – 200
      • Data Analytics – 309
      • Healthcare Admin – 144
      • Leadership – 92
      • Statistics – 16

      Best Graduate Salary

      • Business Analytics – $104,000
      • Consulting – $115,277
      • Energy – $92,959
      • E-Commerce – $94,850
      • Law – $90,536
      • Leadership – $88,232
      • Operations Mgmt – $92,419
      • Insurance – $80,528
      • Org. Behavior – $107,961
      • Real Estate – $97,485
      • Sports Mgmt – $78,406
      • Statistics – $103,112
      • Healthcare Mgmt – $85,206
      • Taxation –  $121,750

      Explore All 50 MBA Concentrations

  • Resources
    • Blog
    • Scholarships
    • What is an MBA