Online Business Schools in New Mexico (NM)

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With cutting edge federal laboratories, innovative energy facilities, and scenic landscapes that draw tourists from all over the world, New Mexico is one of the most exciting climates in the United States for businesses and entrepreneurs.

Home to the Los Alamos National Laboratory and Sandia National Laboratories, New Mexico (NM) is the birthplace of numerous research and development initiatives in energy, medicine, and aerospace. Los Alamos National Laboratory alone results in an annual $3 billion dollar boost to the state’s economy.

New Mexico is also one of the top ten suppliers of energy throughout the United States and has made significant investments in wind power, expanding their capacity faster than any other state. With wide open spaces and sunny weather year-round, the solar and wind energy industries have flourished in New Mexico. In addition, New Mexico is the third largest producer of oil and has two major oil reserves: the San Juan Basin and the Permian Basin. The quickly growing oil and gas industry is one of the many reasons why New Mexico saw the most job creation out of any state economy in 2018. Those who want to explore New Mexico’s dramatic vistas or eat their way through Albuquerque’s diverse food scene may also want to work in New Mexico’s burgeoning tourism industry, which added $6.6 billion to the economy in 2017. The tourism industry has led to over 90,000 jobs and visitor spending has increased by almost $1.5 billion since 2010.

With a growing economy and plenty of exciting fields to choose from, those looking to take the next step in their professional career may want to consider an MBA. In addition to increasing earning potential and networks, an MBA also provides valuable training in management, organizational processes, and financing. MBAs can provide general coursework for entrepreneurs who need to be hands-on in all components of a business, or provide a deep dive for those who wish to learn more about a specific field. Those who are continuing professionals or have busy schedules should have no fear about taking on an MBA program. Many colleges and universities provide fully online or hybrid MBA programs where students can learn and excel at their own pace.

Featured Online MBA Programs in New Mexico

With a strong emphasis on problem solving and real-world simulations, the New Mexico Highlands University School of Business, Media, and Technology offers a fully online MBA with several concentrations to choose from. This 36-credit program is designed for working students who want to specialize within business.

Core courses include quantitative and business research methods, financial accounting, managerial economics and finance, law and ethics in business, marketing management, and business and society. In addition, students can further their ability to solve real-world problems in MGMT 6890 Business Strategy, a capstone course that challenges students with business case studies. Students are able to specialize in any of the concentrations below:

  • Accounting
  • Entrepreneurship
  • Finance
  • International Business
  • Human Resources Management
  • Management
  • Marketing

In addition to these concentrations, Highlands offers a dual master’s of social work (MSW) and business administration (MBA) in HR management.

The program does not require taking the GMAT or GRE and is entirely online. Students with limited or no undergraduate coursework in business are required to take BUSA 5000 Principles of Business Administration, a proficiency course that covers the Common Professional Components (CPC) of an undergraduate business degree.

Location: Las Vegas, New Mexico
Accreditation: Association of Collegiate Business Schools and Programs (ACBSP)
Expected Time to Completion: Two years, part-time options are available
Estimated Tuition: $525 per credit-hour

Developed for students who need a flexible degree that builds their knowledge of modern business practices and analytical skills, the online MBA offered through the Western New Mexico University School of Business offers core classes year-round.

Coursework covers social responsibility and business ethics, managerial accounting, marketing, management and organizational theory, human resource management, production and operations analysis, business statistics, managerial finance, international business for managers, managerial policy and strategy, and managerial economics. Students do not need to have prior business coursework to be admitted.

With five concentrations to choose from, the program offers specializations in international business, management information systems, healthcare administration, instructional technology and design, or a general MBA. This MBA program is 36 credit-hours and is fully online. Applicants should note that the GMAT is waived for all students who have a GPA of 3.2 or higher for the last 64/36 credit-hours of their undergraduate/graduate work.

Location: Silver City, New Mexico
Accreditation: Accreditation Council for Business Schools and Programs (ACBSP)
Expected Time to Completion: Two years for part-time students
Estimated Tuition: $22,108.02 total (out-of-state)

The fully online MBA offered by the Eastern New Mexico University College of Business is for the business generalist who wants to fill different managerial roles with ease. The coursework builds a strong foundation for managers, providing core courses on accounting, law and ethics, research analysis, integrative strategic management, economics, finance, information systems, human resources, production and operations, and marketing. With an optional concentration available in accounting, this 30-credit-hour program is fully online and provides working professionals the opportunity to further their business knowledge and prepare themselves for a career in management.

Those interested in applying should note that the GMAT is not required for students who have both an overall undergraduate GPA of 3.0 or higher and have completed their Common Professional Component (CPC) coursework with a cumulative GPA of 3.0 or higher.

Location: Portales, New Mexico
Accreditation: Accreditation Council for Business Schools and Programs (ACBSP)
Expected Time to Completion: Two years, part-time options are available
Estimated Tuition: $310.70 to $406.25 per credit-hour

Looking for cohort-based MBA program focused on the working professional? The MBA program at the College of Business at New Mexico State University is designed for you. With an expansive curriculum and unique concentrations, this fully online program emphasizes management and organizational courses that will help students get to the next phase of their career.

Coursework include quantitative analysis for business decisions, business negotiations, marketing management, economics, accounting, organizational behavior and management processes, law, operations management, financial management, business information systems, strategic management, and a capstone course.

Students may also choose to concentrate in agribusiness, finance, information systems, or public utility regulation. The program is 36 credit-hours and requires an in-person program orientation and a three day in-person meeting at the program’s conclusion.

Applicants should note that a GMAT score, professional experience, and/or a competitive GPA may be required for students who did not graduate with a 3.5 GPA from an undergraduate business school accredited by AACSB International or ACBSP.

Location: Las Cruces, New Mexico
Accreditation: Association to Advance Collegiate Schools of Business International (AACSB)
Expected Time to Completion: Two years for part-time students
Estimated Tuition: $399.50 per credit-hour

Hybrid MBA Programs in New Mexico

A hybrid program brings together the flexibility of an online degree with on-campus visits that may include in-person networking, accelerated class delivery, hands-on projects, and more. This blended program is ideal for those with busy schedules that impact their ability to be on-campus for an extended duration. Some programs do have a residency requirement, so applicants should keep this in mind when choosing a hybrid program.

For those who live in New Mexico or are interested in building their network there, take a look at some of the hybrid programs below:

Professors to Know in Online MBA Programs in New Mexico

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    Laurie Barfitt, PhD Western New Mexico University - School of Business

    Dr. Laurie Barfitt is a professor of accounting at Western New Mexico University School of Business. She has a BBA in business administration and accounting from Texas Tech and a MPA in accounting from Delta State University. She received her PhD in accounting from the University of Mississippi and is the former dean of the College of Business and Economics (now School of Business).

    With a focus on the history of accounting, Dr. Barfitt is published in The Accounting Historians Journal and has contributed multiple entries to the Encyclopedia of Business and Finance. She has received numerous awards for her scholarly work, including the Academy of Accounting Historians Thomas J. Burns Biographical Research Award, the John Quon Outstanding Master of Professional Accountancy Award, and Delta Chapter of CPAs’ Outstanding MPA Award.

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    Chien-Chun Chen, PhD New Mexico Highlands University - School of Business, Media, and Technology

    Dr. Chien-Chung Chen is an assistant professor of marketing at New Mexico Highlands University’s School of Business, Media, and Technology, where he joined the faculty in 2013. He is also the MBA program coordinator and graduate coordinator for business within the School of Business, Media, and Technology. He has an MBA in marketing from Chaoyang University of Technology in Taiwan and an MS in management and administration from the University of Dallas at Texas. He received his PhD in marketing with a minor in accounting with the University of Texas at Arlington.

    Dr. Chen focuses on the relationship between marketing and accounting and his research is published in Services Marketing Quarterly, Journal of Management and Marketing Research, and Personal Selling and Sales Management. Notably, hee was named Professor of the Year at New Mexico Highlands University for 2017 - 2018 and serves on the review board for the Journal of Management and Marketing Research.

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    Veena Parboteeah, PhD Eastern New Mexico University - College of Business

    Dr. Veena Parboteeah is assistant dean of the College of Business and a professor of information systems. She has a BTech in textile technology from the University of Mauritius and her PhD in business administration with an emphasis in information systems from Washington State University. She is the MBA coordinator and also serves as Chair for Student Performance within the College of Business.

    Dr. Parboteeah researches impulse buying and its impacts on purchasers, as well as human-computer interaction. Her work has been published in the Journal of the Association for Information Systems, Information Systems Research, and the Journal of Global Information Technology Management.

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