The MBA Program offers the Master of Business Administration (MBA). Other programs include interdisciplinary programs in education, arts, liberal arts, and natural sciences. Regular programs bring distinguished speakers and visiting professors to campus, including a visiting professor from Israel each summer.
Thirty-six total credits are required to complete the MBA, including 3 elective credits. Required courses include:
- Social Responsibility and Business Ethics
- Advanced Managerial Accounting
- Analysis for Market Planning
- Management and Organizational Theory
- Advanced Business Statistics
- Managerial Finance in Theory and Practice
- Managerial Policy and Strategy
- Comparative Analysis Using Managerial Economics
- Productions/Operations Management
- Advanced International Business
- Human Resource Management
Students may eliminate or substitute requirements through CLEP exams for prerequisites, and up to 6 hours may be transferred. Survey classes for prerequisites are used to accelerate entry.
Business students may take relevant nonbusiness courses in other departments. The minimum time permitted to complete the master’s degree program attending full time is 15 months; maximum, 7 years. For students attending part time, the maximum is 7 years.
There are 6 total full-time graduate business faculty, all of whom hold a doctorate; there is 1 part-time faculty member, who holds a doctorate. Average business class size is 15.
A bachelor’s degree is required. The formula for using the GPA and GMAT scores is (GPA x 200) + GMAT, or minimum 1350. Most important admissions factors are management potential, maturity, and motivation. A strong mathematics background is not required.
Transfers are accepted. Minority students are actively recruited by minority fellowships.
Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, and a completed health form. Check with the school for current application fees and deadlines. Students are notified of the admissions decision as soon as all application materials are received.
Stipends and programs available for minority students include 2 minority assistantships. The FAFSA is required. Check with the school for current application deadlines.
Tuition for all students is approximately $75 per credit. On-campus room and board costs approximately $4500; books and supplies, $1200. Graduate student housing consists of dormitories and married-student apartments.
Ninety percent of a recent graduate business school class have had an average of 3 to 5 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from New Mexico (90%). Twenty-five percent are women, 30% are minorities, and 1% are foreign nationals. The average age at entrance is 34; ages range from 22 to 50. Five percent enter directly from undergraduate school; 5% already have a graduate degree. Students’ undergraduate majors were as follows: 50%, engineering; 25%, business; 10%, liberal arts; 10%, social sciences; and 5%, math and science. About 10% of entering students leave by the end of the first year due to academic or personal reasons; 90% remain to receive their degree.