Robert O. Anderson Graduate Schools of Management

University of New Mexico-Main Campus, Robert O. Anderson Graduate Schools of Management History

University of New Mexico, founded in 1889, is a public, coeducational institution. The 600-acre campus is located in a suburban area in Albuquerque. Total undergraduate and graduate enrollment is approximately 26,000. Figures given in the above capsule are approximate.

The Robert O. Anderson Graduate Schools of Management was founded in 1947 and is located on the main campus, in its own building, Anderson Schools of Management. Courses also are offered at Los Alamos and Santa Fe. The basic educational approach is to develop basic analytical skills in the functional areas of management and to encourage innovative problem solving and thinking on a wide variety of political, economic, interpersonal, and social issues in today’s complex business environment.

University of New Mexico-Main Campus, Robert O. Anderson Graduate Schools of Management Academics

The School offers the Master of Business Administration (MBA), Master of Accounting (MAcc), and Executive Master of Business Administration (EMBA) as well as a joint degree in law (JD/MBA) and Latin American studies. Other programs include work-study, foreign exchange with France and Mexico, joint research with area businesses and faculty-sponsored projects, and cross-registration with the Normandie Business School in Le Havre/Caen, France and the University of Guanajuato, ITAM in Mexico. There is also a 5-year combined bachelor and MBA degree, a 15-credit post-master’s professional program for MBA graduates, and a 2-year part-time program for midlevel bankers at the New Mexico School of Banking. The strongest areas of study are finance and MIS. The most popular courses are in management information systems and finance. Regular programs bring distinguished speakers and visiting professors to campus. Associated graduate business students hold regular speaker meetings throughout the year.

Sixteen total credits are required to complete the MBA, including 6 elective credits. Required courses include:

• Microeconomics for Managers
• Statistical Analysis for Management Decisions
• Organizational Behavior and Diversity
• Operations Research and Production Management
• Marketing Management
• Financial Management
• Strategic Management
• Accounting and Management Information Systems I
• Technology Commercialization and the Global Environment
• Ethical, Political, Social, and Legal Environment of Business

Required courses for the EMBA include:

• Computer-Based Information Systems
• Organizational Behavior I and II
• Organizational Economics I and II
• Management Science
• Operations Management
• Financial Accounting
• Organizational Environment Law
• Management Accounting
• Financial Management
• Marketing Management
• International Management
• practicum or elective seminar
• integrative seminar

Required courses for the MAcc include:

• Seminar in Accounting and Its Development
• Professional Accounting
• Seminar in Individual Tax Planning
• Seminar in Business Tax Planning
• Advanced Auditing
• Seminar in Controllership
• Tax Research, Procedure, Compliance, and Practice
• Seminar in International Accounting
• Seminar in Managerial Control
• Management Information Systems
• Professional Communication and Reporting

Students may eliminate or substitute requirements on the basis of previous course work.

Business students may take relevant nonbusiness courses in other departments. The minimum time permitted to complete the master’s degree program attending full time or part time is 1<1/2> years; maximum, 7 years.

In a recent year there were 46 total full-time graduate business faculty, all of whom held a doctorate; there are 18 part-time faculty, of whom 27% held a doctorate. Faculty salaries are rated below average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 5; average business class size is 30.

University of New Mexico-Main Campus, Robert O. Anderson Graduate Schools of Management Unique Programs

Library

The William J. Parish Memorial Library houses a collection of more than 79,000 volumes and 100,000 microform items, and subscribes to 1400 periodicals. Students have access to such databases and networks as ABI/INFORM, Disclosure, CRSP, and Compustat. Other opportunities for research consist of the Technology Innovation Center and a Small Business Institute Center.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of 2 computer labs and 3 technology classrooms. Students also have access by more than 200 terminals to the IBM 3081K and DEC VAX mainframe. Terminals are open from 8 a.m. to midnight, 7 days a week. Technical consulting services are available.

Career and Job Placement

Placement services are extensive. Placement services for alumni include the same as those for current students. Placement is available through the Anderson Schools of Management Placement Office and the university placement office.

International Students

International students must take the TOEFL or the University of Michigan Language Test. They also must submit a translation of their transcripts and proof of adequate funds to cover 2 years of study. Financial aid is available for these students and consists of competitive graduate assistantships and competitive scholarships. Check with the school for current application deadlines.

Calendar

The school operates on a traditional semester basis. Semesters are 16 weeks long; summer sessions, 4 weeks. Graduate programs are offered during the day and evening and weekends.

University of New Mexico-Main Campus, Robert O. Anderson Graduate Schools of Management Admissions

A bachelor’s degree is required, along with a GPA of 3.0 and a GMAT score of 500. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT. Most important admissions factors are grades in upper-level courses, career plans, and GMAT results. A strong mathematics background is required.

The number of applicants for a recent class was 369; 243 were accepted; 201 enrolled. The average GPA was 3.46. Transfers are accepted. Minority students are actively recruited by placing ads in minority journals and magazines.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, 2 transcripts, GMAT scores, a nonrefundable application fee of $40, 3 letters of recommendation, a statement-of-purpose essay, and a resume. Students are notified of the admissions decision following faculty review of the material. The latest acceptable test date for fall entry is June 1. Once accepted, students may defer admission for up to 2 semesters. Check with the school for current application deadlines.

University of New Mexico-Main Campus, Robert O. Anderson Graduate Schools of Management Financial Aid

Stipends and programs available for minority students include a fellowship for Navajo Nation members and a Hispanic minority scholarship. Check with the school for current application deadlines.

Tuition for in-state residents is $200 per credit, or $5000 per year. Nonresidents pay $500 per credit, or $14,000 per year. On-campus room and board costs approximately $7000; books and supplies, $1200; personal expenses, $3000; and other fees, $330, for an estimated annual total of $16,530 for in-state residents and $25,530 for out-of-state residents. Graduate student housing is limited on campus, but readily available off campus. There is a referral service to help procure off-campus housing.

University of New Mexico-Main Campus, Robert O. Anderson Graduate Schools of Management Students

Thirty-one percent of a recent graduate business school class were enrolled full time; 73% had an average of 5 of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students were from New Mexico (81%). Forty-five percent were women, 30% were minorities, and 7% were foreign nationals. The average age at entrance was 31; ages ranged from 20 to 62. Thirty percent enter directly from undergraduate school; 17% already have a graduate degree. Students’ undergraduate majors were as follows: 41%, business; 38%, liberal arts; 12%, engineering; 3%, math and science; and 2%, economics.