Business Administration - Master of Business Administration

The Master of Business Administration (MBA) program is a professional program designed to provide students with a solid background in business practices and the problem-solving and people skills needed to become successful leaders in the global business environment. Program graduates are prepared for administrative or managerial positions in a wide variety of organizations, both private and governmental. The business and accounting programs at NMSU, including the MBA program, are accredited by AACSB International - The Association to Advance Collegiate Schools of Business.

The MBA program is offered in a traditional classroom with some online delivery and in a cohort-based distance program with a synchronous online component.

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Applicants must meet the basic admission requirements of the Graduate School before they are considered for admission to the MBA program. To be considered for admission to the MBA program, applicants must meet one of the following criteria:

  1. Have an undergraduate degree with a GPA of at least 3.5 from an institution with business accreditation by AACSB International or ACBSP, or
  2. Have achieved a minimum Graduate Management Admission Test (GMAT) score of 400 and a combined GMAT score and undergraduate GPA such that (GPA x 200)+ GMAT is greater than or equal to 1050, or
  3. Have a graduate degree from a regionally accredited U.S. college or university, or
  4. Have completed at least four years of relevant, full-time, post-degree, professional work experience with an undergraduate GPA of at least 3.00 from a regionally accredited U.S. college or university, or
  5. Have completed at least eight years of relevant, full-time, post-degree, professional work experience with a cumulative GPA of at least 2.75 from a regionally accredited U.S. college or university. 

Applications for admission on the basis of professional work experience are subject to review by the MBA Committee.  See the MBA program advisor for details.

As an alternative to the GMAT, students may submit a GRE score which can be converted to the equivalent GMAT score.  (Information about the GMAT can be found at If a GMAT score is required, the official score must be submitted to the MBA Program Office at least one month prior to initial enrollment in the program. GRE scores are sent directly to the NMSU Graduate School.

A maximum of 9 credit hours of the required MBA courses may be completed prior to the student's acceptance into the MBA degree program.

Background Knowledge

Although the MBA program is designed to encourage participation by students with a variety of educational backgrounds, the curriculum is fast paced. As a consequence, a minimum level of background knowledge is expected of all entering students, and those who lack the necessary background in any of the knowledge areas will be required to make up their deficiencies early in the program. Students may complete no more than 9 credits of required MBA courses prior to completion of the background knowledge courses.

Background knowledge may be demonstrated by successful completion (with a grade of A or B) of undergraduate courses in managerial accounting, financial accounting, macroeconomics, finance, statistics and calculus. At NMSU, the relevant courses are 

Prefix Title Credits
ACCT 221Principles of Accounting I (Financial)3
ACCT 222Principles of Accounting II (Managerial)3
ECON 251GPrinciples of Macroeconomics3
FIN 341Financial Analysis and Markets3
Choose one from the following:3
Statistics for Business and the Behavioral Sciences3
Statistics for Business and the Behavioral Sciences3
Statistical Applications3
MATH 142GCalculus for the Biological and Management Sciences3

As an alternative to the three-credit courses above, students may take one-credit courses in the summer to satisfy the background knowledge requirements.  These courses are ACCT 500 Concepts in Accounting, B A 500 Macroeconomic Essentials, B A 501 Quantitative Tools for the MBA, and FIN 500 Concepts in Finance. Knowledge of each of these subjects may also be demonstrated by completing examinations as designed by the College of Business. For more information on intensive courses and examinations, contact the MBA Office.

Program Requirements (36 credits)

The MBA program consists of twelve courses beyond the background knowledge requirements. Eleven are required courses:

Prefix Title Credits
Required Courses
ACCT 503Accounting for Managers3
BCIS 502Business Information Systems3
BLAW 502Legal Environment of Business3
ECON 503Managerial Economics3
FIN 503Financial Management3
MGT 502Operations Management3
MGT 503Organizational Behavior and Management Processes3
MGT 512Quantitative Analysis for Business Decisions3
MGT 590Strategic Management3
MKTG 503Marketing Management3
B A 590Professional Paper/Presentation3
Elective course 13
Total Credits36

The Graduate School requires that students maintain a grade point average of at least 3.0 in all courses taken as a graduate student at NMSU. The MBA program requires, in addition, that every candidate for the MBA degree must graduate with at least a 3.0 grade point average in all courses required for the basic MBA degree.

The following course sequencing requirements must be satisfied:

  1. B A 590 Professional Paper/Presentation must be completed during the final term of the student’s program and is only open to students who have been accepted into the MBA degree program. ACCT 503 Accounting for Managers, BLAW 502 Legal Environment of Business, FIN 503 Financial Management and MKTG 503 Marketing Management must be completed prior to enrollment in B A 590 Professional Paper/Presentation.
  2. MGT 590 Strategic Management must be completed at the end of the student’s program of study and is only open to students who have been accepted into the MBA degree program. All MBA coursework other than B A 590 Professional Paper/Presentation must be completed prior to or during the same term as MGT 590 Strategic Management.

Students requesting transfer credit for any graduate courses taken before admission to the MBA program must submit appropriate written justification, including course descriptions, syllabi, transcripts, etc. Up to nine credits of transfer work can be applied to meet MBA requirements if the credits were earned in a program accredited by AACSB International. Transfer credits for courses taken after admission to the program are generally not permitted, but advance approval should be requested and may be granted in exceptional situations.

Final Examination for the Degree:  Students may satisfy the Graduate School requirement for a final exam by completing the following courses with grades of B or better in each:  ACCT 503 Accounting for ManagersBCIS 502 Business Information Systems, BLAW 502 Legal Environment of Business,ECON 503 Managerial Economics,FIN 503 Financial Management, MGT 502 Operations Management, and MKTG 503 Marketing Management. Students who do not meet the grade requirement in these seven courses will need to arrange an oral exam consistent with Graduate School regulations. 

A thesis is not required. With special approval, however, a degree candidate may elect to write a thesis with a least 6 credit hours earned under B A 599 Master's Thesis in lieu of B A 590 Professional Paper/Presentation.

Concentrations:  Students in the on-campus MBA program may elect to pursue one of several MBA concentrations as described below.

Concentration: Agribusiness

Students who want to specialize in Agribusiness must take the following set of five AEEC courses in substitution of five courses included in the above list of required MBA courses.

Prefix Title Credits
AEEC 511Advanced Futures and Options Markets3
AEEC 520International Agricultural Trade Theory and Policy3
AEEC 526Global Food Supply Chain Management3
AEEC 551Advanced Agribusiness Marketing3
AEEC 556Advanced Agribusiness Management3
Total Credits15

The five AEEC courses collectively substitute for the following five required MBA courses:

Prefix Title Credits
ECON 503Managerial Economics3
MGT 502Operations Management3
MGT 512Quantitative Analysis for Business Decisions3
MKTG 503Marketing Management3
Elective course (from the approved list)3
Total Credits15

Students in the concentration in Agribusiness who have not previously taken a course in Agricultural Policy will be required to take AEEC 545 Advanced Agricultural Policy prior to taking the five concentration courses.

Concentration: Finance

MBA students who want to specialize in Finance must complete the following four Finance courses.  These courses can be used as substitutes for MGT 512 Quantitative Analysis for Business Decisions and B A 590 Professional Paper/Presentation.

Prefix Title Credits
Required Courses
FIN 535Investment Concepts3
FIN 545Fixed Income Markets, Instruments and Derivatives3
FIN 555Derivative Markets and Securities3
FIN 566Advanced Financial Management3
Total Credits12

Concentration: Information Systems

Students who want to specialize in Information Systems must take additional coursework beyond that required to complete the MBA degree program. BCIS 502 Business Information Systems is a required MBA course and a prerequisite for each of the courses in the concentration.

Any of these courses may also be used to fulfill the MBA elective requirement.

Prefix Title Credits
Required Courses
Select four from the following:12
Information Systems Analysis and Design3
Business Analytics I3
Business Analytics II3
Database Management Systems3
E-Commerce Security3
Management of Information Security3
Enterprise Resource Planning & Business Processes3
Total Credits12

Students are encouraged to seek advising from the MBA Office or the Information Systems faculty in making course selections.

Concentration: Public Utility Regulation

The concentration in Public Utility Regulation consists of the following courses. One of these courses will serve as the elective in the MBA program and two of the courses will substitute for courses MGT 512 and B A 590 in the standard MBA program (because the learning objectives of the utility regulation courses meet the learning objectives of the two basic MBA courses).

Prefix Title Credits
Required Courses
ECON 571Regulatory Policy and Industry Analysis: Electricity I3
ECON 572Regulatory Policy and Industrial Analysis: Water and Natural Gas3
ECON 573Regulatory Policy and Industry Analysis: Electricity II3
ECON 574Advanced Seminar Regulatory Policy and Industry Analysis3
Total Credits12