New Mexico Business Degree Salary

By Henry R. Steele - June 25, 2018
Reading Time: 6 minutes

The following article discusses the salary and career outlook for graduates with a MBA, Graduate or Undergraduate Business degree in New Mexico. Learn about the demand, salary outlook, top employers, job titles, as well as education options for campus and online Business degree programs for graduates in New Mexico.

Business Snapshot

Avg US Salary

$70,129

.

Avg New Mexico Salary

$62,749

.

State vs National

Ranked 34th

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Total Job Postings

1,291

Job Type

Full-Time

Min Education Level

Bachelor’s Degree

Recommended Degree

Masters or MBA

Most Common Degree

Business/Management

Most Common Experience Level

Entry Level

*Data based on job title of Business Development Manager

New Mexico Business Demand

The major economic drivers of New Mexico are natural resources, tourism, retail trade and federal government expenditures. Its large supply of natural resources make it the #7 state in the country in terms of energy supply, making this a major employer for business school graduates and also blue collar workers. Much of the income of New Mexico comes from oil and gas; the state ranks sixth in crude oil production as of 2015.

According to US News and World Report, the federal government is the biggest employer in New Mexico. More than ⅓ of the land in the state is owned or protected by the US government. Major employers include the National Park Service, three Air Force bases, White Sands Missile Range and the federal research facilities: Los Alamos National Laboratory and Sandia National Laboratories.

New Mexico has a higher than average unemployment rate at 5.1%, which puts it at #48 in the US.

National Business Salary Outlook

The national average estimate for Business Development Manager was $70,129. This number is estimated from over 18,908 salaries and job advertisements from Indeed.com. This equates to an hourly salary of $36.530 and monthly of $5,844.

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$14,000

$176,000

Salary Distribution

New Mexico Business Salaries by Career

The following Business career paths show the average salary derived from job postings in New Mexico.

Finance Manager$67,670 Rank: 39th
The average salary ranks 39th among states in the country. This equates to an hourly salary of $35.240 and monthly of $5,639. There were job openings from employers like Regional Management, Presbyterian Healthcare Services, Sabio Systems, and United States Postal Service. Further, 83% of these employers were seeking Full-time workers. Others such as Internship, Contract, Commission, Temporary, Part-time were also available. Most jobs for Finance Manager required an applicant to have Entry Level experience.

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$14,000

$165,000

Salary Distribution
Business Analyst$68,833 Rank: 31st
The average salary ranks 31st among states in the country. This equates to an hourly salary of $35.850 and monthly of $5,736. There were job openings from employers like BlueSky Solutions, Ball Aerospace, Los Alamos National Laboratory, and Rural Sourcing Inc.. Further, 86% of these employers were seeking Full-time workers. Others such as Temporary, Commission, Contract, Part-time were also available. Most jobs for Business Analyst required an applicant to have Mid Level experience.

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$26,000

$131,000

Salary Distribution
Business Consultant$43,626 Rank: 39th
The average salary ranks 39th among states in the country. This equates to an hourly salary of $22.720 and monthly of $3,636. There were job openings from employers like Berkshire Hathaway Automotive, Ulta, Ulta Beauty, and Signet Jewelers. Further, 82% of these employers were seeking Full-time workers. Others such as Temporary, Commission, Part-time, Contract, Internship were also available. Most jobs for Business Consultant required an applicant to have Entry Level experience.

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$14,000

$109,000

Salary Distribution
Business Development Manager$62,749 Rank: 34th
The average salary ranks 34th among states in the country. This equates to an hourly salary of $32.680 and monthly of $5,229. There were job openings from employers like Love’s Travel Stops & Country Stores, Reliant Rehabilitation, JAE Restaurant Group, and Taco Bell | Palo Alto Alvarado Concepts. Further, 85% of these employers were seeking Full-time workers. Others such as Part-time, Temporary, Commission, Contract, Internship were also available. Most jobs for Business Development Manager required an applicant to have Entry Level experience.

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$14,000

$159,000

Salary Distribution
Human Resources Manager$52,664 Rank: 46th
The average salary ranks 46th among states in the country. This equates to an hourly salary of $27.430 and monthly of $4,389. There were job openings from employers like New Mexico State Personnel Office, United States Postal Service, Lids, and Los Alamos National Laboratory. Further, 81% of these employers were seeking Full-time workers. Others such as Part-time, Temporary, Contract, Commission, Internship were also available. Most jobs for Human Resources Manager required an applicant to have Entry Level experience.

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$14,000

$121,000

Salary Distribution
Marketing Manager$61,012 Rank: 22nd
The average salary ranks 22nd among states in the country. This equates to an hourly salary of $31.780 and monthly of $5,084. There were job openings from employers like Domino’s, Taco Bell | Palo Alto Alvarado Concepts, JAE Restaurant Group, and Burger King | Ampler Burgers. Further, 89% of these employers were seeking Full-time workers. Others such as Part-time, Temporary, Commission, Internship, Contract were also available. Most jobs for Marketing Manager required an applicant to have Mid Level experience.

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$15,000

$138,000

Salary Distribution
Operations Manager$52,239 Rank: 49th
The average salary ranks 49th among states in the country. This equates to an hourly salary of $27.210 and monthly of $4,353. There were job openings from employers like Taco Bell, Hibbett Sports, Taco Bell | Palo Alto Alvarado Concepts, and Stage Stores. Further, 89% of these employers were seeking Full-time workers. Others such as Commission, Contract, Temporary, Part-time, Internship were also available. Most jobs for Operations Manager required an applicant to have Entry Level experience.

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$14,000

$123,000

Salary Distribution
Product Manager$47,260 Rank: 40th
The average salary ranks 40th among states in the country. This equates to an hourly salary of $24.610 and monthly of $3,938. There were job openings from employers like Ideal Vacuum Products, Collage.com, Employers Pro Advantage Inc, and Qualis Corporation. Further, 90% of these employers were seeking Full-time workers. Others such as Contract, Internship were also available. Most jobs for Product Manager required an applicant to have Mid Level experience.

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$17,000

$93,000

Salary Distribution
Project Manager$58,743 Rank: 51st
The average salary ranks 51st among states in the country. This equates to an hourly salary of $30.600 and monthly of $4,895. There were job openings from employers like Presbyterian Healthcare Services, Los Alamos National Laboratory, University of New Mexico, and The Home Depot. Further, 82% of these employers were seeking Full-time workers. Others such as Part-time, Internship, Temporary, Commission, Contract were also available. Most jobs for Project Manager required an applicant to have Mid Level experience.

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$14,000

$148,000

Salary Distribution
Sales Manager$52,973 Rank: 47th
The average salary ranks 47th among states in the country. This equates to an hourly salary of $27.590 and monthly of $4,414. There were job openings from employers like AutoZone-US, JAE Restaurant Group, Taco Bell | Palo Alto Alvarado Concepts, and WALGREENS. Further, 84% of these employers were seeking Full-time workers. Others such as Temporary, Contract, Part-time, Internship, Commission were also available. Most jobs for Sales Manager required an applicant to have Entry Level experience.

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$14,000

$152,000

Salary Distribution

Best Cities for Business in New Mexico

The following list of New Mexico cities show the largest number of job postings for Business careers:

City # of Employers Average Salary
New York State 1955 $81,069
Horseheads 130 $118,367
Manhattan 55 $76,681
Brooklyn 54 $68,127
Hempstead 33 $114,962
Bay Shore 31 $73,151
Albuquerque 30 $63,999
Bronx 19 $50,555
Commack 19 $59,940
Buffalo 18 $74,007
Huntington 17 $88,108
Flushing 12 $58,606
Hewlett 12 $90,000
New Hyde Park 12 $71,672
Hudson 11 $90,000

Top New Mexico Employers for Business

The following list analyzes the top employers in New Mexico hiring students and professionals in the business, management and executive fields:

Employer Name Average Salary

New Mexico Campus-Based Business Degrees

The following campus-based colleges offer Business degrees for New Mexico students:

The University of Mexico offers the full time Anderson MBA that will provide students with the educational and dynamic environment that will improve your leadership skills and translate knowledge into empowerment through team based, outcome focused and practical approaches to current business matters.

With an innovative curriculum, experiential learning, diverse, experienced faculty, and a renowned Career Services Center, Anderson will ready you to switch careers, enhance your current career, or help you with gaining a position with more than 200 employers that recruit students from the program. The full time MBA features flexible scheduling with evening courses on a part time or full time basis. Student will diverse schedules and backgrounds will be able to attend the program when convenient for them.

Required courses include:

  • Perspectives on Management and Careers
  • Data Driven Decision Making
  • Financial Accounting and Analysis
  • Managerial Economics
  • Managing People in Organizations
  • Business and Society
  • Technology, Commercialization and Global Environment
  • Managerial Marketing
  • Operations Design and Decision Making

Students also can choose from many concentrations depending upon their work experience and industry: accounting, entrepreneurial studies, international, management information systems, management of technology, marketing, operations and management information systems.

New Mexico Online Business Degrees

The following online-based degree programs are available for New Mexico business students.

Disclaimer: All salary numbers and figures are will vary depending on several factors such as level of education, college/university attended, amount of experience, industry, company size and location.

Sources: Sources for the above salary, employer and jobs data was aggregated through Indeed.com and BLS.gov

Henry R. Steele
Henry R. Steele
Managing Editor
Henry is Managing Editor of BusinessStudent.com. He is a seasoned business professional who regularly consults with local business's throughout Southern California. Henry pursued his undergrad in Business and Economics at the University of San Diego and gained valuable life changing experience through a unique internship upon graduation.Follow on Twitter.com

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