Go To Businessweek.com
Full-Time MBA Profile Publish Date 05/27/12

University of New Mexico

Anderson School of Management

  • Program Basics

      • Anderson Graduate (MBA) Program
      • Anderson School of Management
      • MSC05 3090, 1 University of New Mexico
      • 1924 Las Lomas NE
      • Albuquerque, 87131, New Mexico
      • United States
      • Program Web site: http://mba.mgt.unm.edu/future/
      • Status: Public
      • Program e-mail address: mconner@mgt.unm.edu
      • Graduate business school is accredited by:
        • Association to Advance Collegiate Schools of Business (AACSB)

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 681
      • Full-Time MBA: 193
      • Part-Time MBA: 295
      • Executive MBA: 91
      • Other graduate degree programs:
        • Master of Accounting
        • Other
      • The Post-Masters Certificate in Management Program provides holders of the M.B.A. or other management-related Masters degree from an AACSB-accredited institution an opportunity to further their professional management education through the regular graduate course offerings of the school.

  • PROGRAM COSTS

    • Total direct costs (tuition and required fees) of the entire MBA program:

      • Resident: $19,253.00
      • Nonresident: $45,821.00
      • Recommended annual budget (Resident): $21,951.00
      • Recommended annual budget (Nonresident): $35,259.00

  • PROGRAM LENGTH

      • Full-time program (months): 21

  • ADMISSIONS

    • Application Deadlines

      • Semester: Spring 2012
      • Deadline: Oct 1, 2011
      • Semester: Summer 2012
      • Deadline: Feb 1, 2012
      • Semester: Fall 2012
      • Deadline: Apr 1, 2012
      • Does the program have rolling admissions? Yes
      • Is proficiency in English required for admission? Yes
      • Is a minimum score on an English language proficiency test required? Yes

    • Which English language proficiency tests are accepted?

        • IELTS
        • TOEFL Internet Based Test
        • TOEFL Paper-based Test
      • Minimum paper-based TOEFL score required for MBAs: 550

    • Relative Importance of Application Elements:

      • GMAT Score: Very Important
      • Resume/Work Experience: Important
      • Application Essays: Important
      • Interviews: Not Considered
      • Recommendations: Not Considered
      • Undergraduate Transcripts: Very Important

  • APPLICANTS

      • Applications (admitted and denied) to the newest class: 97
      • Applicants who were accepted to the most recent class: 100 %
      • Admitted applicants who enrolled in the newest class: 88 %
      • Applicants who were re-applicants from prior years: 16 %
      • Percentage of this year's reapplicants accepted: 60 %
      • Applicant interviews are: Not offered

  • APPLICANT POOL

      • International applications received: 5 %
      • Applications from women received: 40 %

  • CLASS PROFILE

    • Full-time students in newest entering class (2010-2011) that are:

      • Female: 44 %
      • International: 0 %

    • Students from following regions:

      • Africa: 0 %
      • Asia: 0 %
      • Europe: 0 %
      • North America: 100 %
      • Latin America and the Caribbean: 0 %
      • Oceania: 0 %
      • Dual citizenship: 0 %

    • Percentage of U.S. students in newest entering class that are:

      • African American: 2 %
      • Asian American: 8 %
      • Hispanic or Latino American: 39 %
      • Multiethnic/Multiracial: 0 %
      • Native American: 5 %
      • White (Non-Hispanic): 43 %
      • Chose not to report: 3 %
      • Other: 0 %

    • Percentage of U.S. students in newest entering class who are from the following regions:

      • Northeast: 0 %
      • Mid-Atlantic: 0 %
      • South: 0 %
      • Southwest: 100 %
      • Midwest: 0 %
      • West: 0 %
      • Possessions and territories: 0 %
      • Median age of entering class: 23
      • Mean age of entering class: 24

  • FINANCIAL AID

      • Full-time MBAs apply for financial aid through: Central financial aid office at the university
      • Full-time MBAs who applied for financial aid for the current academic year: 74 %
      • Full-time MBAs receiving financial aid in the current academic year: 68 %
      • Mean MBA financial aid package for the current academic year: $7,277.00
      • Median MBA financial aid package for the current academic year: $8,500.00
      • On what basis are scholarships awarded?
        • a combination of need and merit
      • How does an applicant apply for scholarship consideration? Unique scholarship application
      • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No

  • GMAT

      • Are applicants required to take the GMAT? No
      • Are applicants allowed to submit the GRE? Yes
      • If not, how are applicants' quantitative abilities checked before enrollment? GRE or minimum grade in applicable undergraduate prerequisites are verified to check applicant's quantitative abilities.

    • GMAT score distribution (applicant pool):

      • 25th Percentile 460
      • 50th Percentile (median) 510
      • 75th Percentile 600
      • Average GMAT Score 520
      • 90th Percentile 642
      • 10th Percentile 420

    • GMAT score distribution (incoming class):

      • 10th Percentile 510
      • 50th Percentile (median) 550
      • 75th Percentile 585
      • 25th Percentile 515
      • Average GMAT Score 551
      • 90th Percentile 594

  • CLASS OFFERINGS

      • Average number of students in a full-time MBA core class: 38
      • Average number of students in a full-time MBA elective class: 22
      • Elective courses available to full-time MBA students: 67

    • Electives that have been added to the full-time program since June 30, 2010:

      • Green Economic Innovation and Entrepreneurship
      • Middle East Issues

    • Concentrations and specializations offered to full-time MBA students:

        • Finance
        • Management Information Systems
        • Entrepreneurship
        • General Management
        • Marketing
        • Accounting
        • Human Resource Management
        • Operations Management
        • Organizational Behavior
        • Public Policy
        • International Business
        • Technology
      • Information Assurance

    • Joint-degree programs offered to full-time MBAs:

        • MBA/MA (Arts)
        • MBA/JD (Law)
        • Other
        • MBA/ME (Engineering)
      • Does the school offer an accelerated full-time MBA program? Yes

    • The school believes that its leading areas of study for full-time MBA students are:

        • Finance
        • Marketing
        • Other
        • Accounting
        • Organizational Behavior

  • FACULTY

      • Faculty employed by the B-school: 95

    • Full-time faculty:

      • Tenured: 32
      • Non-Tenured: 23

    • Adjunct/Visiting Faculty:

      • Tenured: 0
      • Non-Tenured: 40

    • Women on Faculty:

      • Tenured: 11
      • Non-Tenured: 23

    • Minority Faculty:

      • Tenured: 8
      • Non-Tenured: 13

    • International Faculty:

      • Tenured: 0
      • Non-Tenured: 0

    • Faculty with PhDs:

      • Tenured: 32
      • Non-Tenured: 15

  • STUDENT LIFE

    • Professional clubs available to full-time MBA students:

        • Corporate Social Responsibility/NetImpact
        • Consulting
        • Other
        • Finance
        • Marketing
        • Human Resources

    • Networking clubs available to full-time MBA students:

        • Hispanic Student Organization
        • International Club
        • Other

  • TEACHING/ACADEMICS

    • Teaching methods used:

      • Case Study: 87 %
      • Distance Learning: 18 %
      • Experiential Learning: 18 %
      • Lectures: 30 %
      • Simulations: 2 %
      • Team Projects: 18 %
      • Other: 6 %

    • Requirements for graduation:

        • Students must have attended a minimum number of classes
        • Students must have earned a pre-determined GPA/Letter grade average
      • All students must maintain a minimum 3.0 GPA, complete a minimum of 33 graduate hours of which only 6 credit hours may be transferred in from another AACSB-accredited graduate school, and complete MGMT 598.

  • TECHNOLOGY

      • Technology improvements in the last three academic years: Anderson technology services include a fast 802.11n wireless network, a 24/7 remote access virtual computing environment, and a support desk with laptop checkout and dedicated quick-print stations. Student collaboration is encouraged by a specially designed computer lab and discipline specific facilities with specialized software and web conferencing technology. Anderson classrooms support the use of multiple sources through two wide screen projectors for an immersive experience.
      • Amount spent: $766,114.00

  • B-SCHOOL ALUMNI

      • Living MBA alumni: 4,532
      • Active MBA alumni clubs: 0
      • Countries in which MBA clubs exist: 0
      • Living MBA alumni who gave in past year: 3 %
      • Mean gift from MBA alumni: $108.00
      • Median gift from MBA alumni: $50.00
      • Did school receive an individual gift in excess of $10 million in the past academic year? No
      • Business School endowment: $13,261,178.00
      • Does the main university offer career placement services for alumni? Yes
      • Does the main university have an alumni networking Web site? Yes
      • University alumni networking site: http://www.unmalumni.com/
      • Does the B-School have an alumni networking Web site? Yes
      • Business school alumni networking site: http://www.mgt.unm.edu/donors/
      • Does the B-SCHOOL offer career services for alumni? Yes
      • Do current MBA students have access to an alumni database? No

  • SCHOOL COMMENTS

      • School Comments: Please note the full-time designation is based on the number of credit hours students are enrolled in for the current semester and who have a BBA from an AACSB-accredited school. Students can move between full-time and part-time status.

Getting In

B-School Life

Finding a Job

Paying the Bills