Socorro has a total population of 8,877 and a student population of 1,761. Of these students, 1,761 are enrolled in schools that offer business administration programs.
Of the 1 business administration schools in Socorro, the largest business administration school, by student population, is New Mexico Institute of Mining and Technology. Approximately 4 students graduated in 2010 from New Mexico Institute of Mining and Technology with credentials in business administration.
In 2010, 4 students graduated with a business administration degree in Socorro. If you decide to join their ranks, you can expect to pay an average of $15,071 per year in tuition if you are eligible for instate tuition. Out of state tuition for all Socorro business administration schools was an average of $24,032 per year in 2009.
In addition to tuition costs, you should plan on spending an average of $1,000 for books and supplies each year, while enrolled in a business administration program in Socorro. And if you live on campus, you will face an additional expense of $5,702 per year, on average, for room and board at Socorro-based business administration schools. Students who live at home can cut this cost down to approximately $9,369.
Many business administration graduates choose to work as general managers after graduation. If you choose to follow that path and remain in Socorro, your job prospects are not very good. In 2010, of the 14,520 general managers in New Mexico, 240 were working in the greater Socorro area. Socorro's general manager workforce is projected to decrease by -3% by the year 2018. This projected change is slower than the projected nationwide trend for general managers.
The average salary you can expect to earn as a general manager in Socorro is $67,660 per year, which is higher than the average for general managers state-wide.