Accounting Schools in New Mexico

New Mexico Accounting Schools

New Mexico Public Accountancy Board5200 Oakland NE – Suite D
Albuquerque, NM 87101
Phone: 505-222-9850
Fax: 505-222-9855
Email: [email protected]

As new organizations emerge so does the need for the valuable certified public accountant (CPA). To gain this credential in New Mexico, one needs accounting training through an accredited accounting degree program. There are over 20 such schools that offer qualifying accounting degree programs to help students achieve their goals for CPA licensure and future accounting careers. Here are just some of the topics one expects to cover while attending an accounting degree program in New Mexico.

  • international accounting
  • cost accounting
  • government and non-profit accounting
  • income tax accounting
  • principles of auditing
  • accounting information systems

There are some great universities with accounting programs in New Mexico. These universities combine rigorous coursework supporting broad-based accounting topics with an ethical framework for helpful advice and decision-making. These schools offer accounting degree programs at both the undergraduate and graduate level to prepare students for a variety of accounting related professions.

The undergraduate accounting degree program provides students with foundational accounting courses designed to introduce them to various sectors within the accounting career field. When students take courses like principles of auditing, international accounting, and not for profit accounting, they gain insight into which career sector and eventual accounting certification credential is right for them. In this way, New Mexico University’s provide an efficient way for students to identify and travel their customized career path.

A few of the schools in New Mexico offer graduate level accounting programs. These schools have designed its Masters of Accounting programs to meet the needs of students with varying levels of accounting experience. For example, some schools offer a Masters of Accounting Professional Track for students who have an undergraduate degree in a major other than accounting. These students would simply have to take some prerequisite accounting courses within the program before delving into more advanced accounting topics. For those who already have an undergraduate degree in accounting, there are Masters of Accounting or Taxation programs where more seasoned accounting students may dive right in to interesting topics related to their career advancement.

Total Accounting Schools: 27
Total Accounting Students: 6,268
Average Tuition: $6,099
Average Scholarship Package: $2,292
Average Grant Amount: $5,997
Average Classroom Size: 20 Students
Online Accounting Programs: 21
Average Online Tuition: $6,099
Online Undergraduate Programs: 21
Online Graduate Programs: 8
Top Accounting Schools:University of New Mexico – Main Campus
New Mexico State University – Main Campus
Santa Fe University of Art and Design
Largest Accounting School:University of New Mexico – Main Campus
• 3,341 Students Currently Attending
Cheapest Accounting School:Southwestern Indian Polytechnic Institute
• $675 Annual Tuition Charges
School With Largest Financial Aid Packages:Santa Fe University of Art and Design
• $11,522 Average Financial Aid Award

Salary and Job Outlook for Accountants in New Mexico

As of May 2020, New Mexico’s accountants earned an average salary of $61,290. Those at the top of the pay scale (90th percentile) earned about $102,290 during this time. Accounting professionals who have reached the top tiers of the pay scale usually hold a master’s in accounting, senior-level titles/roles, and advanced credentials like the CPA.

Albuquerque’s accountants enjoy an average salary of $64,040, making it one of the highest paying metro areas for accountants in the state as of May 2020.

Note that the salaries listed here reflect base salaries only and do not include salary incentives that are commonplace in the accounting field, particularly among those in leadership and executive-level accounting positions.

The state also expects to see continued job growth in the coming years. Between 2018 and 2028, the number of accounting jobs here will increase by about 7% – that’s much higher than the national projected growth rate for this profession during this period. The state projects about 680 annual job openings for accountants during this ten-year period leading to 2028 due to a combination of new job growth, natural job turnover, and retirements.

Depending on the chosen career path, graduates of accounting programs may take exams for the CPA, certified management accountant, or certified internal auditor designation. Some accounting graduates also land government accounting jobs at the state or federal level.

May 2020 Bureau of Labor Statistics salary and job market data for accountants and auditors represents state data, not school-specific information.

Job growth projections for 2018-2028 sourced from the U.S. Department of Labor-sponsored O*Net database represents state data, not school-specific information.

Conditions in your area may vary. Data Accessed May 2021.