Business Management Schools In New Mexico
New Mexico has 7 accredited business management schools where business management faculty who teach business management classes can find employment. Below are statistics and other relevant data to help analyze the state of business management and business management training in New Mexico, which includes business management training at the following levels:
- Business Management Certificate
- Associates degree in Business Management
- Bachelors degree in Business Management
Schools
Cities
Statistics
Professional Trends
New Mexico Vs. National Business Management Employment
| New Mexico | 24,410 |
| National | 3,944,090 |
Approximately 1% of the country's business management professionals work in New Mexico state.
Employment Growth for Business management professionals In New Mexico
| 24,880 | 23,550 | 26,310 | 26,710 | 24,410 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
The number of business management professionals is shrinking in New Mexico. 470 less business management professionals were working in New Mexico in 2010, than there were in 2006. Thus, in New Mexico, this field has shrunk by 2% in four years. This is slower than the trend for business management professionals around the US. Nationally, the number of business management professionals has grown by 4% between 2006 and 2010.
Business Management VS. All Professions salaries in New Mexico
| $68,278 | $81,624 | $77,501 | $82,419 | $94,093 |
| $40,511 | $43,009 | $44,801 | $46,220 | $46,794 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business Management
- Dark Yellow: All Professions
The salaries paid to business management professionals are growing in New Mexico. In 2006 business management professionals made a mean salary of $68,278 per year, and in 2010 they made $94,093 per year.
Salary percentiles for Business management professionals in New Mexico
10th percentile |
$44,397 |
25th percentile |
$45,731 |
50th percentile |
$61,463 |
75th percentile |
$84,806 |
90th percentile |
$99,988 |
Thus, business management professionals' salaries grew by 27% in 4 years. This growth is mirrored by state trends for all professionals. There is a 125% pay differential between the highest paid business management professionals and those in the bottom 10% of the pay bracket. Thus, there is huge variation in pay, within the field of business management in New Mexico.
Average Salaries for Business management professionals and related professions in New Mexico
Business Administration |
$82,153 |
Business Management |
$94,093 |
Construction Management |
$57,208 |
Healthcare Management |
$102,700 |
Hotel Management |
$42,820 |
International Business |
$88,935 |
MBA |
$154,835 |
Project Management |
$75,389 |
Property Management |
$45,360 |
Public Administration |
$98,203 |
Restaurant Management |
$57,400 |
Risk Management |
$69,260 |
Small Business |
$93,830 |
Supply Chain Management |
$83,190 |
In New Mexico, business management professionals make, on average, more than their counterparts in related professions.
Educational Trends
Business Management programs available for each degree type for all schools in New Mexico
associate |
5 |
bachelor |
2 |
master |
0 |
doctor |
0 |
Certificate |
2 |
| Total | 9 |
As the number of business management professionals is decreasing in New Mexico state, the number of students graduating from the 7 accredited business management schools in New Mexico state is increasing. In New Mexico, there were 16 graduates in 2006. And there were 17 graduates from business management courses in 2010.
This represents a 6% increase in the number of business management degree or certificate school graduates in New Mexico state. A majority of these graduates, or 56%, graduated with a associate's degree in business management.