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Press Release

INAGURAL CLASS BEGINS FIRST RIO RANCHO-BASED DEGREE

October 3, 2006

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


(Albuquerque, NM) The inaugural class for a west side Anderson School of Management graduate program is finally underway, with 38 students enrolled in the inaugural professional Master of Business Administration (PMBA) program.

The PMBA program closely mirrors Anderson’s popular executive MBA program, and the inaugural (2006-2008) classes are hosted by Intel Corporation on its Rio Rancho campus. The inaugural class includes 13 students from Intel (35 percent). The class boasts unusually high minority participation, with 59 percent of the students belonging to an ethnic minority. 46 percent of the students are women, which is also high for executive MBA programs.

According to Crespy, “The Anderson School saw the need for significant business education on the west side of Albuquerque several years ago when we noticed that increasing numbers of our MBA students were commuting across the river to earn their degrees.”

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 is held two evenings per week for 28 months, with students studying in a cohort. Like the highly successful Anderson EMBA, 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 EMBA program since 1991 and directs the PMBA. According to Livingston, “With the professional MBA, we have opened up our program to younger managers, who may only have one year under their belts, but who are on the fast track to greater responsibility within their companies. But more seasoned managers also find the PMBA attractive because of the location and the evening schedule.” The average age of the new class is 30, compared to the EMBA’s 37.

The companies represented in the PMBA program include Intel, Honeywell, Workforce Logic (Google, Inc.), Ethicon Endo-Surgery (Johnson and Johnson), Youth Development Inc., Sandia National Laboratories, Los Alamos National Laboratory, Science Applications International Corporation, City of Albuquerque, Rick Johnson and Company, Inc., Bohannan Huston, Inc., Public Service Company of New Mexico (PNM), and the New Mexico Department of Health.

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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.

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