Business Schools In New Mexico
There are 37 accredited business schools in New Mexico for faculty who teach business classes to choose from. The graphs, statistics and analysis below outline the current state and the future direction of academia in business in the state of New Mexico, which encompasses business training at the following levels:
- Business Certificate
- Associates degree in Business
- Bachelors degree in Business
- Masters degree in Business
Schools
Cities
Statistics
Professional Trends
New Mexico Vs. National Business Employment
| New Mexico | 29,570 |
| National | 4,698,490 |
Of all of the business professionals that work in the US, approximately 1% work in New Mexico state.
Employment Growth for Business professionals In New Mexico
| 29,260 | 26,790 | 30,450 | 30,270 | 29,570 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In New Mexico, business is a growing field. There were 310 more business professionals working in New Mexico in 2010, than there were in 2006. This represents a 1% growth in the field. This growth is slower than the national trend for business professionals which shows a 3% increase in the number of business professionals working around the nation.
Business VS. All Professions salaries in New Mexico
| $67,206 | $72,797 | $80,768 | $86,670 | $90,711 |
| $40,511 | $43,009 | $44,801 | $46,220 | $46,794 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Business
- Dark Yellow: All Professions
As the number of business professionals is growing, the salaries paid to business professionals are increasing in New Mexico. The mean salary for business professionals in 2006 was $67,206 per year. And in 2010 the mean salary was $90,711 per year.
Salary percentiles for Business professionals in New Mexico
10th percentile |
$44,623 |
25th percentile |
$47,809 |
50th percentile |
$63,447 |
75th percentile |
$83,603 |
90th percentile |
$92,763 |
This represents a 26% growth in salaries. State trends for all professions mirror this growth. In the state of New Mexico, there is a huge variation in pay, within the field of business. The pay differential between the highest paid business professionals and those in the bottom 10% of the pay bracket is 108%
Average Salaries for Business professionals and related professions in New Mexico
Accounting |
$42,370 |
Advertising |
$62,742 |
Business |
$90,711 |
Business Administration |
$82,153 |
Business Management |
$94,093 |
Fashion Marketing |
$56,965 |
Fashion Merchandising |
$52,715 |
Finance |
$69,197 |
Forensic Accounting |
$57,787 |
Hospitality |
$31,129 |
Hotel Management |
$42,820 |
Human Resources |
$58,617 |
International Business |
$88,935 |
Management |
$75,967 |
Marketing |
$74,648 |
Project Management |
$75,389 |
Property Management |
$45,360 |
Public Relations |
$75,170 |
Restaurant Management |
$57,400 |
Risk Management |
$69,260 |
Small Business |
$93,830 |
Sports Management |
$78,110 |
Supply Chain Management |
$83,190 |
Business professionals in New Mexico earn, on average, more than their counterparts in related professions.
Educational Trends
Business programs available for each degree type for all schools in New Mexico
associate |
60 |
bachelor |
54 |
master |
13 |
doctor |
0 |
Certificate |
35 |
| Total | 162 |
As the number of business professionals is increasing in New Mexico state, the number of students graduating from the 37 accredited business schools in New Mexico state is also increasing. In 2006 there were 2,656 business graduates from business courses in New Mexico and in 2010 there were 2,852 graduates.
This represents a 7% increase in the number of business degree or certificate school graduates in New Mexico state. 37% of these graduates received a associate's degree in business.