Since the early 1980s, the most popular undergraduate major has been a business degree, according to the National Center for Education Statistics. However, also rising in popularity is earning an online Bachelor’s Degree in Business. The Learning House published a study in 2016 finding that 26 percent of online undergraduate students were earning an online business degree.
Why Choose An Online Bachelor’s Degree in Business
An online bachelor’s degree in business is an opportunity for students to go to college without stepping foot inside a classroom. Students enrolled in a business degree online can expect to learn basic principles about business from accounting and finances to marketing management and business analytics. Equipped with the necessary skills, insight, and competence to succeed after graduation, earning an online business degree is a great way to prepare to enter the workforce and find meaningful employment. Individuals who have completed an online bachelor’s degree in business find opportunities to work in organizations both large and small all over the world.
Enrolling in an online bachelor’s degree in business is a desirable alternative to an on-campus degree because most online business degree programs are flexible, allowing you to balance your education with work and family schedules. Additionally, with this flexibility, you can earn your online bachelor’s degree in business degree at your own pace, ensuring that you understand the material before you move on.
Being able to earn an online bachelor’s degree in business will also allow you to earn a degree without moving to a new city or state. As more universities establish online business degree programs, your opportunity to attend a prestigious university from your hometown increases.
Online Business Degree Types and Emphases
Students who graduate with a business degree will find that their education and experiences can be applied to many different jobs. To be more prepared for the specific business career path you have in mind, be sure to choose the right degree that compliments your goals.
Two common types of bachelor’s degrees in business are:
- Online Bachelor of Science in Business: This is a business degree with an emphasis on math and science courses.
- Online Bachelor of Arts in Business: This is a business degree allows you to take more electives in liberal arts courses, such as humanities, philosophy, and English.
With a variety of online programs available, you can earn an online business degree in areas, such as:
- Business Administration
- Human Resource Management
- Operations Management
- Organizational Leadership
Some online business degree programs provide a more general education on business, however, there are many emphases that students can choose from for their online business degree that can enhance their learning. For example, you can earn an online business degree in marketing with an emphasis in social media. Or, you may choose an online business degree in business administration with an emphasis in small business management.
Selecting an emphasis allows you to tailor your education to better meet the needs of your career goals. Whatever your ambitions may be, there are a variety of online business degree types and emphases that will help you on your career path.
Benefits of An Online Bachelor’s Degree In Business
As mentioned above, earning an online bachelor’s degree in business will allow you to balance your education with your work schedule, as well as finish your degree at your own pace.
Not only will you be equipped with the knowledge and skills necessary to confidently enter the workforce, but earning an online business degree demonstrates to potential employers the discipline and focus you have gained from completing your education online.
Also, many online business degree programs are more affordable than most on-campus degrees. Where most students will graduate with daunting amounts of student loans, enrolling in an affordable online bachelor’s degree program will help save you money on your education.
How Much Can You Earn With An Online Business Degree
Many students may fear that having earned an online bachelors degree in business may cause them to earn less than students who graduated from a traditional on-campus program. However, as the popularity of online business degrees increase so does their acceptance by employers.
The stigma against online business degrees is slowly fading away as employers are becoming more interested in a job applicant’s experiences and skills than where they earned their degrees. In fact, Excelsior College and Zogby International performed a survey finding that 83 percent of executives felt an online degree was as credible as one earned through an on-campus program.
According to a study by the National Association of Colleges and Employers (NACE) that included information from schools that also offered online business degree programs, students who graduated with a degree in business enjoyed a starting salary of about $54,000, with only two other college majors (engineering and computer science) listed as making more. Another NACE study showed that 65 percent of business majors found full-time employment within six months of graduation. Individuals who choose to earn their business degrees online can also expect to enjoy these same benefits.