Get an Accounting Degree in New Mexico


New Mexico's economy is still struggling to recover from the great recession. Business Insider ranks New Mexico’s economy as 48th in the country, and the state's unemployment rate is 6.7 percent, as of 2017. This value ranks as the lowest in the country.

However, the US Bureau of Economic Analysis reported some positive information about New Mexico’s gross state product (GSP).  This value increased by 4.1% over the four-year period ending in 2015 according to the New Mexico Economic Development Department.

Over 18 percent of the GSP comes from the public sector. Military bases - like White Sands and the Kirtland, Holloman and Cannon Air Force Bases - are located here. Los Alamos National Labs is a major innovation center. Large private sector industries including health care and social assistance, mining, and real estate have been the leading contributors to economic growth in New Mexico in recent years.

Honeywell Aerospace, Raytheon Ktech, Northrop Grumman, and Boeing are major employers. National and regional banks, including Wells Fargo, Bank of America, and New Mexico Bank and Trust, have operations in the state. Citicards, T-Mobile, Verizon and Sprint maintain customer service centers here. Intel, PNM and Coldwell-Banker are also top-50 employers. For jobs in a certified public account (CPA) firm, you can work for one of the 'big four,' such as KPGM and Deloitte, a second tier firm, a regional firm like Johnson Miller & Co. or a New Mexico firm like Atkinson & Co.

The New Mexico Department of Workforce Solutions reports that accountants earn an average income of $65,220 a year. Earning power varies by location with an average wage of $67,790 in Albuquerque. The same job pays, on average, $62,380 in Las Cruces.

To be eligible to sit for the CPA exam, you must first earn your bachelor's degree from an institution with accreditation approved by the New Mexico Board of Accountancy. Your transcript must include 30 semester hours of accounting and 150 hours overall. After passing all parts of the CPA exam, you also must pass the ethics exam. Licensure is the last step. You must document a year of accounting work experience that was supervised by a licensed CPA.

The New Mexico Society of CPAs (http://www.nmscpa.org/) has study resources and scholarships for students and, for working professionals it has advocacy initiatives, networking events, scholarships and continuing professional education classes. For certified management accountants (CMAs), the Institute of Management Accountants has a chapter in Albuquerque.

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FEATURED ONLINE MASTER OF SCIENCE IN ACCOUNTING PROGRAMS

More accountants and business professionals in New Mexico are turning to master's programs to earn the 150 semester hours required for a CPA license, or just as a way to advance their knowledge in specialized areas of accounting.

The MS in Accounting through Syracuse University's Whitman School of Management is designed to build upon undergraduate education in a wide variety of majors. Whether you're a CPA license candidate looking to complete those last 30 semester hours, or a business professional looking to expand your career options, Syracuse University's master's in accounting is a perfect fit.

26 Schools Offering Accounting Degree Programs:


Brookline College (Albuquerque, NM)
Levels Offered:
Associate Degree
Programs Offered:
AS - Business - Accounting
(some programs offered online)
Central New Mexico Community College (Albuquerque, NM)
Levels Offered:
Associate Degree, Certificate
Programs Offered:
Associate of Applied Science in Accounting
Certificate in Accounting
Eastern New Mexico University (Portales, NM)
Levels Offered:
Bachelors Degree
Programs Offered:
Bachelor of Business Administration - Accounting
Luna Community College (Las Vegas, NM)
Levels Offered:
Associate Degree, Certificate
Programs Offered:
Associate of Applied Science in Business Accounting
Certificate in Business Accounting
Mesalands Community College (Tucumcari, NM)
Levels Offered:
Associate Degree
Programs Offered:
Associate of Applied Science in Business Administration - Accounting
National American University (Albuequerque, NM / Albuquerque, NM / Rio Rancho, NM)
Levels Offered:
Associate Degree, Bachelors Degree
Programs Offered:
A.A.S. - Accounting
Bachelor of Science in Accounting
Bachelor of Science in Business Administration - Accounting
(some programs offered online)
Navajo Technical College (Crownpoint, NM)
Levels Offered:
Associate Degree
Programs Offered:
Associate of Applied Science in Accounting
New Mexico Highlands University (Las Vegas, NM)
Levels Offered:
Bachelors Degree, Masters Degree, MBA Degree
Programs Offered:
Bachelor of Business Administration - Accounting
Master of Business Administration - Accounting
New Mexico Junior College (Hobbs, NM)
Levels Offered:
Associate Degree, Certificate
Programs Offered:
Associate of Applied Science in Business - Accounting
Associate of Arts in Accounting
Certificate in Accounting
New Mexico State University (Las Cruces, NM)
Levels Offered:
Bachelors Degree, Masters Degree, MACC Degree
Programs Offered:
Bachelor of Accountancy
Bachelor of Accountancy/Master of Accountancy - Dual in Accountancy
Bachelor of Business Administration - Accounting
Master of Accountancy
New Mexico State University-Alamogordo (Alamogordo, NM)
Levels Offered:
Associate Degree
Programs Offered:
Associate of Applied Science in Business Office Technology - Accounting
New Mexico State University-Carlsbad (Carlsbad, NM)
Levels Offered:
Associate Degree, Certificate, Masters Degree, MACC Degree
Programs Offered:
Associate of Business Office Technology - Accounting
Certificate in Accounting
Master of Accountancy
New Mexico State University-Dona Ana Community College (Las Cruces, NM)
Levels Offered:
Associate Degree
Programs Offered:
Associate of Business Office Technology - Accounting Assistant
New Mexico State University-Grants (Grants, NM)
Levels Offered:
Certificate
Programs Offered:
Certificate in Accounting
Northern New Mexico College (Espanola, NM)
Levels Offered:
Bachelors Degree
Programs Offered:
Bachelor of Business Administration - Accounting
San Juan College (Farmington, NM)
Levels Offered:
Associate Degree, Certificate
Programs Offered:
Associate of Applied Science in Accounting
Certificate in Payroll Accounting
Santa Fe Community College (Santa Fe, NM)
Levels Offered:
Associate Degree, Certificate
Programs Offered:
Associate of Arts in Accounting
Certificate in Accounting Specialist
Southwestern Indian Polytechnic Institute (Albuquerque, NM)
Levels Offered:
Associate Degree, Certificate
Programs Offered:
Associate of Applied Science in Accounting
Certificate in Accounting
University of New Mexico (Albuquerque, NM)
Levels Offered:
Bachelors Degree, Doctoral Degree, Masters Degree, MACC Degree, MBA Degree
Programs Offered:
Bachelor of Business Administration - Accounting
Master of Accounting
Master of Accounting - Advanced
Master of Accounting - Professional
Master of Accounting - The Tax
Master of Accounting/Juris Doctor - Dual in Accounting/Juris Doctor
Master of Business Administration - Accounting
University of New Mexico-Gallup Campus (Gallup, NM)
Levels Offered:
Associate Degree
Programs Offered:
Associate of Applied Science in Accounting
Associate of Applied Science in General Business - Accounting
University of New Mexico-Los Alamos Campus (Los Alamos, NM)
Levels Offered:
Associate Degree, Certificate
Programs Offered:
Associate of Applied Science in Accounting
Certificate in Accounting
University of New Mexico-Taos Branch (Taos, NM)
Levels Offered:
Bachelors Degree
Programs Offered:
Bachelor of Business Administration - Accounting
University of Phoenix (Albuquerque, NM / Santa Fe, NM / Santa Teresa, NM)
Levels Offered:
Associate Degree, Bachelors Degree, Masters Degree, MACC Degree, MBA Degree
Programs Offered:
AA - Accounting
BS - Accounting
BS - Business/Accounting
MBA - Accounting
MS - Accountancy
(some programs offered online)
University of the Southwest (Hobbs, NM)
Levels Offered:
Bachelors Degree
Programs Offered:
Bachelor of Business Administration - Accounting
Western New Mexico University (Silver City, NM)
Levels Offered:
Bachelors Degree
Programs Offered:
Bachelor of Business Administration - Accounting
Willamette University (Roswell, NM)
Levels Offered:
Associate Degree, Certificate
Programs Offered:
Associate of Applied Science in Accounting
Certificate in Bookkeeping/Accounting

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