Skip to main content

Press Release

UNM LAUNCHES FIRST RIO RANCHO-BASED DEGREE

February 21, 2006

Anderson Schools of Management Goes West with Professional MBA
Intel Corporation to Host Inaugural Class


PMBA Web Site

(Albuquerque, NM) In anticipation of a planned west side campus for the University of New Mexico, Dean Chuck Crespy announced today that the Anderson Schools of Management will launch the first UNM west side degree program in September of this year. The Professional Master of Business Administration (PMBA) will closely mirror Anderson’s popular Executive MBA program, and the inaugural (2006-2008) classes will be hosted by Intel Corporation on their Rio Rancho campus.

According to Crespy, “Anderson saw the need for significant business education on the west side of Albuquerque several years ago, when we recognized that increasing numbers of our MBA students were commuting across the river to earn their degrees. We are proud to be the first full degree program offered by UNM on the west side.”

The Intel Corporation serves as the host of the inaugural class. Intel Strategic Analyst for Fab/Sort Manufacturing Lawrence J. Alei, who serves on the Anderson Schools’ Foundation Board, says, “Investing in the community is an Intel tradition, and UNM’s Anderson School is an excellent educational institution. Hosting the Professional MBA is another way of putting our corporate values into practice, and we are proud to help make UNM’s expansion to Sandoval County possible by hosting the first class of this first west side MBA.”

The PMBA program is endorsed by the Rio Rancho Regional Chamber of Commerce. “The new Professional MBA program will be a tremendous asset to the Rio Rancho region,” says Kim Hedrick, Chair of the Rio Rancho Regional Chamber Board of Directors. “As a graduate of UNM’s executive MBA program, I know its true value. The excellent level of curriculum offered will provide long-term benefits to all students in a close-to-home location.”

The PMBA will be held two evenings per week for 28 months, with students studying in a cohort of 54. Like the highly successful Anderson Executive MBA, the PMBA is expected to attract professionals seeking to advance their existing careers. But there are differences between the two degree programs.

Anderson Associate Dean Kate Livingston has managed the Executive program since 1995 and will direct the PMBA. According to Livingston, “UNM’s Executive MBA program really targets professionals who have a minimum of three to five years’ significant work experience. With the Professional MBA, we are opening the program up to qualified younger managers, who may have slightly less experience under their belts, but who are on the fast track to greater responsibility within their companies. More seasoned managers may also find the PMBA attractive because of the location and the evening schedule.”

Admission to the PMBA program is conducted on a rolling basis, with classes beginning early September. Admission requirements include satisfactory Graduate Management Admission Test scores, undergraduate GPA, and a personal interview. The cost of the program for the 2006-2008 class is $24,960, prorated over the 28 months. Additional information is available online at pmba.mgt.unm.edu, by email from pmba@mgt.unm.edu, or by phone at (505) 277-2525.

###

The Anderson School of Management at the University of New Mexico is dedicated to excellence in professional management education. At the Anderson School, faculty, staff, and students are committed to shaping the intellect and character of the next generation of business leaders, advancing the knowledge and practice of management, promoting economic development, and building a vibrant intellectual community that serves the highest and best interests of all our stakeholders.

The School was founded in 1947 and now offers more than a dozen concentrations at the BBA and MBA levels and is accredited by the Association to Advance Collegiate Schools of Business in the top 20% of business schools in the nation. The School is funded by the State of New Mexico and further support is generated by The Anderson School of Management Foundation. For more information, the public can visit www.mgt.unm.edu, email info@mgt.unm.edu, or call (505) 277-6471.

PHOTOS, INTERVIEWS, AND FURTHER INFORMATION AVAILABLE ON REQUEST