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2023 Best Online Business Degrees

By OnlineU Staff Writers | Updated 6/1/2023
2023 Best Online Bachelor's Degrees in Business Badge

Below you'll find a list of the best online business degree programs at the bachelor's level. An online business degree is one of the most common degrees in the country. They provide students with a foundational education that allows them to enter the workforce in their preferred area of commerce. Most online business degrees offer specialization paths for you to choose from, such as marketing or business administration. Since each university may offer a specific program that fits your career goals, it's important to carefully consider each option based on where you see yourself working in the business world. Many business school graduates become entrepreneurs or company leaders, while others may seek advanced studies in finance, law, or economics.

View our methodology for more details about rankings or learn more about OnlineU. You may also want to explore the most affordable online business degrees at the bachelor's level for additional options. 

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Online Business Bachelor's Degrees You May Be Interested In


2023 Best Online Business Degrees

RankSchool Salary Score Median Starting Salary
# 1 #1 Golden Gate University 100 100 $67,879
# 2 #2 City University of Seattle 100 $79,719
# 3 #3 Alvernia University 100 $66,259
# 4 #4 Northeastern University 100 $65,635
# 5 #5 Capella University 99 $63,636
# 6 #6 Lynn University 99 $61,513
# 7 #7 University of Management and Technology 98 $60,399
# 8 #8 Lipscomb University 98 $59,514
# 9 #9 Colorado State University Global 98 $59,425
# 10 #10 Thomas Edison State University 98 $59,206

#1 Golden Gate University

  • Salary Score: 100
  • Median Starting Salary: $67,879
  • Locations: San Francisco (CA)
  • Accreditation: WSCUC

Golden Gate University (GGU) is a small nonprofit that offers an online Bachelor of Science in Business requiring 123 credit hours. The curriculum aims to provide students with a broad understanding of business-related issues, such as defining success and identifying opportunities. Some core concentrations in this major include Human Resources Management, Accounting, and Information Technology. To graduate, students must complete 60 general education credits, 30 major units, and 33 general electives, which can take four years with a full-time schedule. Alumni enter industries ranging from finance and operations to marketing and data analytics.

GGU students use Blackboard to access their online coursework. They offer a hybrid format that allows students to study either in-person or online. Although, certain classes may require in-person learning. Students also have access to advising and tutoring services as well as online bookstores.

#2 City University of Seattle

  • Salary Score: 100
  • Median Starting Salary: $79,719
  • Locations: Seattle (WA)
  • Accreditation: NWCCU

The City University of Seattle (CityU) is a small nonprofit that offers an online Bachelor of Science in Business Administration program requiring 180 credit hours. The curriculum focuses on core business courses with specialized areas of study, such as Global Supply Chain Management or Project Management. Some core classes include Business Communications and Strategic Management. These programs also feature a unique core curriculum with studies in Artificial Intelligence Business Applications. To graduate, students must finish 90 lower-division credits and 25 upper-division electives, which can take four years total with a full-time schedule. Graduates may then apply for careers in business analytics, operations management, and marketing.

At CityU, students use the digital learning platform, Brightspace, to access their coursework, which is fully online. Online students also have access to virtual advisors for support.

#3 Alvernia University

  • Salary Score: 100
  • Median Starting Salary: $66,259
  • Locations: Reading (PA)
  • Accreditation: MSCHE

Alvernia University (AU) is a medium-sized nonprofit that offers an online Bachelor of Science in Management requiring 123 credit hours. The curriculum aims to provide students with a broad understanding of organizational structures and team management techniques. Some core classes for this major include Financial Accounting, Marketing Principles, and Business Law. To graduate, students must complete a core liberal arts curriculum, 57 major credits, and community service, which typically takes four years with a full-time schedule. Graduates may enter careers in operations management, business consulting, or human resources management.

At AU, students use Blackboard to access their coursework, which is fully online. Additionally, online students have access to digital libraries and shops as well as Alvernia's Office of Career Development.

#4 Northeastern University

  • Salary Score: 100
  • Median Starting Salary: $65,635
  • Locations: Burlington (MA)
  • Accreditation: NECHE

Northeastern University (NU) is a large nonprofit that offers three online Bachelor of Science programs which focus on business management: (1) The Bachelor of Science in Finance and Accounting Management, (2) Bachelor of Science in Management, and (3) Bachelor of Science in Project Management all offer core, introductory courses in business. Each program requires 120 credit hours, which can be completed in four years on a full-time schedule. The curricula teaches students about organizational behavior, economics, and marketing. Specialized areas of study for Finance and Accounting Management include Principles of Taxation and Business Strategy, while a bachelor's in management features core classes such as New Venture Creation and Supply Chain Management. To graduate, students must complete all program requirements — including up to 66 foundation credits, 21-31 major credits, concentration, and general elective credits. Alumni are qualified to apply for a wide array of business management and analyst roles.

At NU, students use Canvas, a digital learning platform, to access their coursework, which is fully online.

#5 Capella University

  • Salary Score: 99
  • Median Starting Salary: $63,636
  • Locations: Minneapolis (MN)
  • Accreditation: HLC

Capella University (CU) is a medium-sized, private institution that offers an online Bachelor of Science in Business requiring 180 credit hours. They have nine specialization pathways, such as accounting, business administration, finance, and project management. Each educational path offers general education courses and core business courses along with a curriculum aimed at your specialization. In Business Administration, for example, you'll take courses such as Fundamentals of Leadership and E-Marketing, while Finance offers Entrepreneurial Finance and Investments. To graduate, students must complete eight specialization courses and one capstone. Graduates may go on to explore careers in business, finance, marketing, or sales.

CU students use Blackboard to access their coursework, which is fully online. Overall, students may take four years to complete their degree with a full-time schedule. Some Capella University programs include FlexPath, which allows students to adjust their course deadlines and tuition payment schedules to fit their needs. Additionally, online students have access to a digital library, online tutoring, and online writing centers.

#6 Lynn University

  • Salary Score: 99
  • Median Starting Salary: $61,513
  • Locations: Boca Raton (FL)
  • Accreditation: SACS COC

Lynn University (LU) is a medium-sized nonprofit that offers an online Bachelor of Science in Business Administration requiring 120 credit hours. The curriculum aims to provide students with a general understanding of the modern business world — including marketing, investing, and human resources. Some core classes in this major include Computer Applications and Ethical Decision Making. To graduate, students must complete all core curriculum requirements, plus 51 major credits and three upper-level electives. This can take four years with a full-time schedule. Graduates enter communication, construction, health care, and government industries.

LU also offers a Bachelor of Science in Entrepreneurship that focuses on strategic innovation in business, and a Bachelor of Science in Marketing, where you'll develop an understanding of marketing trends and create a personal portfolio to launch your career.

At LU, students use iTunes U to access their coursework, which is entirely online. For a fee, online students have access to an iPad with pre-loaded learning tools.

#7 University of Management and Technology

  • Salary Score: 98
  • Median Starting Salary: $60,399
  • Locations: Arlington (VA)
  • Accreditation: DEAC

University of Management and Technology (UMT) is a small, for-profit institution that offers an online Bachelor of Business Administration requiring 120 credit hours. The curriculum aims to help students learn about fundamental business disciplines. Some core classes in this major include Accounting for Managers, Principles of Finance, and Legal Environment for Business. To graduate, students must complete all general education requirements alongside business administration courses, major courses, and three capstone credit hours. All of this can take four years at a full-time pace. Graduates may enter careers in IT, international logistics management, or marketing.

At UMT, students can complete their coursework fully online using a variety of multimedia sources.

#8 Lipscomb University

  • Salary Score: 98
  • Median Starting Salary: $59,514
  • Locations: Nashville (TN)
  • Accreditation: SACS COC

Lipscomb University is a medium-sized nonprofit that offers an online Bachelor of Arts, Science, or Professional Studies in Business Leadership requiring 126 credit hours. In this degree, faculty teach students about business fundamentals, such as accounting, management, and economics. Some core classes include Applied Organization and Planning and Applied Relationship Building. To graduate, students must pass leadership and major courses and earn specialized certificates, which can all take four years with a full-time schedule. Graduates may explore careers in business administration and entrepreneurship. Lipscomb University also offers a Bachelor of Science in Business Leadership, which requires core classes in math and science rather than liberal arts. Additionally, there's a Bachelor of Professional Studies in Business Leadership which is tailored toward career development in the business sector.

At Lipscomb University, students use Canvas to access their coursework, which is entirely online. Online students have access to live text services for convenient support.

#9 Colorado State University Global

  • Salary Score: 98
  • Median Starting Salary: $59,425
  • Locations: Greenwood Village (CO)
  • Accreditation: HLC

Colorado State University Global (CSU Global) is a medium-sized, public institution that offers an online Bachelor of Science in Business Management requiring 120 credit hours. Faculty develop the curriculum to train students in management, operations, marketing, economics, and statistics. Some core concentrations for this major include Business Law, Principles of Management and Project Management. To graduate, students must complete all program requirements, including 31 general education credits, 30 core degree credits, and specialized electives. This can take four years with a full-time schedule. Alumni are prepared for careers as data analysts, forensic accountants, or project managers. CSU Global also offers similar online courses in business such as Bachelor of Science in Project Management, Bachelor of Science in Organizational Leadership, or Bachelor of Science in Management Information Systems and Business Analytics.

At CSU Global, students use Canvas to access their classroom materials, which are all fully online. They also have access to live tutors, online libraries, and career coaching.

#10 Thomas Edison State University

  • Salary Score: 98
  • Median Starting Salary: $59,206
  • Locations: Trenton (NJ)
  • Accreditation: MSCHE

Thomas Edison State University (TESU) is a medium-sized, public institution that offers an online Bachelor of Science in Business Administration in General Management requiring 120 credit hours. The curriculum trains students in accounting, finance, management, and marketing. Some core classes for this major include Business Law, Introduction to Marketing and Microeconomics. To graduate, students must complete all general education credits alongside 42 professional business credits, 18 specialized areas of study, 15 electives, and a capstone project. Graduates may pursue careers in business management or entrepreneurship.

TESU also offers specialized BS programs, such as Business Administration in Entrepreneurship and Business Administration in Marketing. There is also a Bachelor of Science in Organizational Leadership, which explores courses in Leading Organizational Change and Principles of Management.

At TESU, students use Blackboard to access their learning materials which are fully online. This program can take four years with a full-time schedule. Students also have access to an online library.

#11 Western Governors University

  • Salary Score: 97
  • Median Starting Salary: $58,705
  • Locations: Salt Lake City (UT)
  • Accreditation: NWCCU

Western Governors University (WGU) is a private, nonprofit, online-only institution in Utah offering an online Bachelor of Science in Business Administration - Management to help prepare students for various industry leadership positions. Graduating requires approximately 120 credits, with most full-time students finishing in less than four years. WGU has an open admission policy that accepts all applicants, and 54% of students graduate with degrees.

Distance learners log in to the WGU Student Portal to access coursework and instruction. The online management program courses include Innovative and Strategic Thinking, Finance Skills for Managers, Workforce Planning: Recruitment and Selection, and Emotional and Cultural Intelligence. Coursework culminates in a capstone project, which is required for graduation.

Similar degrees at WGU include an online Bachelor of Science in Business Administration - Healthcare Management and an online Bachelor of Science in Business Administration - Human Resources Management.

#12 LeTourneau University

  • Salary Score: 97
  • Median Starting Salary: $58,551
  • Locations: Longview (TX)
  • Accreditation: SACS COC

Interdenominational, faith-based LeTourneau University (LETU) in Texas is a private, nonprofit institution offering an online Bachelor of Business Management emphasizing team leadership, effective management and stewardship, and organizational change leadership. Students must complete 120 credits to graduate, which generally takes four years of full-time study. LETU also offers an online Bachelor of Business Administration - General Business. LETU has a 54% acceptance and a 53% graduation rate.

LETU uses Canvas for its online program delivery. Though electives will vary by student, courses in the online business management program may include Christian Business Ethics, Global Management Strategy, Principles of Information Systems, and Entrepreneurship for Engineers. It is important to note that graduating requires completing 12 biblical and theological studies credits.

#13 Charter Oak State College

  • Salary Score: 97
  • Median Starting Salary: $57,913
  • Locations: New Britain (CT)
  • Accreditation: NECHE

New England's Charter Oak State College (COSC) in Connecticut is a public institution offering an online Bachelor of Science in Business Administration with five concentrations: (1) Small Business, (2) Project Management, (3) Human Resources, (4) Organizational Management, and customizable (5) General Business. This major requires completing a minimum of 45 credits; an academic advisor can discuss additional requirements and opportunities to transfer credits into this program. COSC has an open admission policy that accepts all students, and 57% of students graduate with degrees.

COSC's online courses and instruction are conducted in Blackboard. Depending on the concentration, business administration distance learners must take certain courses, such as Evaluating New Business Opportunities, Managing People in a Global Economy, Organizational Communication, and International Marketing.

#14 Southwestern College - KS

  • Salary Score: 96
  • Median Starting Salary: $57,067
  • Locations: Winfield (KS)
  • Accreditation: HLC

Southwestern College - KS (SCKans) in Winfield is a private, nonprofit, United Methodist institution offering an online Bachelor of Science in Business Administration with human resources, accounting, management, and business courses to help students prepare for various careers. This 124-credit program takes full-time students approximately four years to complete culminating in a capstone. However, they may be eligible to transfer up to 94 credits into the program, saving time and money. An online Bachelor of Science in Business Quality Management is also available. SCKans has a 69% acceptance rate, and 46% of students graduate with degrees.

SCKans delivers its online curriculum via Blackboard. The online business administration program courses include Legal Environment of Business, Negotiation and Conflict Resolution, Global Business, and Strategic Management. Students also complete a capstone project to graduate.

#15 Goodwin University

  • Salary Score: 95
  • Median Starting Salary: $55,716
  • Locations: East Hartford (CT)
  • Accreditation: NECHE

Connecticut's Goodwin University (GU) in East Hartford is a private, nonprofit institution offering an online Bachelor of Business Administration that focuses on entrepreneurship and can help prepare students to start, run, and manage a business. Graduating requires 121 credits and generally takes full-time students four years. GU offers a scholarship worth 30% of tuition to business administration program students who take at least nine credits per semester and maintain a 3.0 GPA. GU accepts 100% of applicants due to its open admission policy, and 43% of students graduate.

GU uses Canvas for online program delivery. Business administration distance learners choose from courses such as Customer Relations in a Multicultural World, Green Technologies in Real Estate, Grant Writing, Small Business and Entrepreneurship, and Workforce Planning and Staffing. Students must also complete a capstone project.

#16 Drexel University

  • Salary Score: 95
  • Median Starting Salary: $55,670
  • Locations: Philadelphia (PA)
  • Accreditation: MSCHE

Drexel University (DU) is a private, nonprofit institution in Philadelphia offering an online Bachelor of Science in Business Administration (BSBA) that is organized into four 10-week quarters per year so that students can take more courses in a shorter period of time. Students complete 120 credits and may transfer up to 80 previously earned credits into the BSBA program. Some full-time students may be able to finish this degree program in under four years. An online Bachelor of Science in General Studies - Business is also available. DU has an 83% acceptance and a higher-than-average 68% graduation rate.

Drexel's online students access assignments and participate in class via the university's proprietary Drexel Learn learning management system. The online BSBA program courses include Sports Business Consulting, Introduction to Entrepreneurship, Negotiations and Conflict Resolution, and International Business Consulting.

#17 University of Massachusetts - Amherst

  • Salary Score: 94
  • Median Starting Salary: $54,919
  • Locations: Amherst (MA)
  • Accreditation: NECHE

The University of Massachusetts - Amherst (UMass - Amherst) is a public institution offering an online Bachelor of Arts in Business Studies that blends foundational business courses with courses simulating real-world business experiences. This online degree is available in five minors: (1) Accounting, (2) Finance, (3) Management, (4) Marketing, and (5) Operations and Information Management. Students can enroll in this program with a minimum of 27 previously-earned credits. A program advisor can help determine how many credits you need to graduate based on transfer credits. In general, full-time students may be able to finish in under four years. UMass - Amherst has a 66% acceptance rate, and 79% of students graduate with degrees.

UMass - Amherst uses Canvas to deliver its online content to distance learners. Depending on the major, online business studies students enroll in certain courses, such as Information and Project Management, Social Media and Marketing Analytics, Organizational Behavior, and Financial Modeling.

#18 (tie) Excelsior University

  • Salary Score: 93
  • Median Starting Salary: $54,565
  • Locations: Albany (NY)
  • Accreditation: MSCHE

New York-based Excelsior College (EC) is a private, nonprofit institution offering an online Bachelor of Science in Business, with concentrations in Finance, General Accounting, General Business, Logistics Management, Human Resource Management, and Marketing. Graduating requires 120 credits, which may take less than four years for full-time students. Courses are eight weeks, and students may transfer up to 113 credits due to EC's generous transfer policy, possibly shortening the time to graduation. The school also offers an online Bachelor of Professional Studies in Business and Management. Excelsior accepts 100% of applicants due to its open admissions policy, and 35% of students graduate with degrees.

Excelsior uses Canvas as its online learning management system. Depending on the concentration, courses in the online business program include Portfolio Management, Individual and Corporate Taxation, Lean Logistics, and Managing Diversity in the Workplace.

#18 (tie) University of Massachusetts Global

  • Salary Score: 93
  • Median Starting Salary: $54,565
  • Locations: Multiple Locations
  • Accreditation: WSCUC

The University of Massachusetts Global (UMass Global) is a private, nonprofit institution offering an online Bachelor of Business Administration in Business Administration with 12 emphases, including Organizational Communications, Supply Chain Systems, and Healthcare Administration. Students can choose between a credit-hour degree and a self-paced bachelor's degree through MyPath, allowing greater scheduling flexibility. Graduating requires approximately 120 credits, with full-time students generally finishing in four years. UMass Global has a 93% acceptance and a 59% graduation rate.

UMass Global provides Blackboard to its online learners to access coursework and instruction. Depending on the emphasis, online undergraduates choose from classes such as Quality Management in Healthcare, Methods and Techniques of Persuasion, Strategies Across the Supply Chain, and Consumer Behavior.

#20 Rutgers University

  • Salary Score: 93
  • Median Starting Salary: $54,501
  • Locations: New Brunswick (NJ)
  • Accreditation: MSCHE

Rutgers University in New Jersey is a public Asian American, Native American Pacific Islander, and Hispanic-serving institution offering an online Bachelor of Arts in Business Administration through its Camden campus as a degree completion program for students transferring a minimum of 18 credits from an accredited college or university. Concentrations include Corporate Finance, Data Analytics, Digital Marketing, and Strategic Human Resource Management. Graduating requires 120 credits, typically taking full-time students four years or less if transferring more than 18 credits. Rutgers has a 79% acceptance and a higher-than-average 70% graduation rate.

RU uses the Canvas learning management system to deliver online course content to distance learners. Depending on the concentration, courses in the online BBA may include Talent Management: Attracting, Developing, and Retaining Employees; Financial Modeling; Principles of Digital Analytics; and Strategic Marketing.

#21 National University

  • Salary Score: 93
  • Median Starting Salary: $54,361
  • Locations: La Jolla (CA)
  • Accreditation: WSCUC

National University (NU) is a Hispanic-serving, private, nonprofit institution based in San Diego, California, offering an online Bachelor of Business Administration in 10 specializations. Some of these include Business Law, Logistics and Supply Chain Management, and Alternative Dispute Resolution. This 120-credit online degree program is comprised of four-week courses, enabling students to finish quickly. Program completion culminates in a capstone project. NU is competitive, accepting only 55% of applicants, and 36% of students graduate with degrees.

NU delivers online course content and instruction via Brightspace. Depending on the specialization, business administration distance learners take classes such as Ethics in Law, Business, and Management; Omnichannel Distribution; Communication and Conflict; and Project Planning and Control.

#22 Oregon Institute of Technology

  • Salary Score: 93
  • Median Starting Salary: $54,257
  • Locations: Klamath Falls (OR)
  • Accreditation: NWCCU

Oregon Institute of Technology (Oregon Tech) is a public institution in Klamath Falls offering an online Bachelor of Science in Business that allows for customization based on career interests and goals. Options include Management and Marketing. Graduating requires approximately 121 credits, culminating in a senior project, and generally takes full-time students four years. Oregon Tech accepts 91% of applicants, and 51% of students graduate with a degree.

Oregon Tech delivers online coursework and instruction via Canvas. Depending on the specialization and online availability, online business students enroll in classes such as Graphic Design for Business, Business Intelligence, Public Relations, and Lean/Six Sigma Management.

#23 Bay Path University

  • Salary Score: 92
  • Median Starting Salary: $54,252
  • Locations: Longmeadow (MA) (and 1 other)
  • Accreditation: NECHE

Massachusett's Bay Path University (BPU) in Longmeadow is a Womens-Only, private, nonprofit institution offering an online Bachelor of Science in Business Administration through the American Women's College that can help students develop critical thinking, leadership, decision-making, and problem-solving skills. This 120-credit program takes full-time students approximately 3.5 years to complete due to accelerated six-week courses. Similarly, BPU offers an online Bachelor of Science in Business. BPU accepts 75% of applicants, and 61% of students graduate with degrees.

BPU uses Canvas for online program delivery. The online business administration program courses include Organizational Behavior and Leadership, Legal Environments of Business, Strategic Management and Policy, and Business in Society.

#24 American Public University System

  • Salary Score: 92
  • Median Starting Salary: $54,183
  • Locations: Charles Town (WV)
  • Accreditation: HLC

West Virginia-based American Public University System (APUS) is a private, for-profit institution offering an online Bachelor of Arts in Business for students with previously earned transfer credits. Students can transfer up to 90 credits into this 120-credit program. Courses vary from 8 to 16 weeks and start monthly, allowing some full-time students to finish in less than four years. Additionally, APUS offers an online Bachelor of Business Administration and an online Bachelor of Science in Business Analytics as more specialized degrees. APUS has a 100% acceptance rate due to its open admission policy, and 18% of students graduate.

APU delivers its online curriculum via Canvas. Courses in the online bachelor's degree in business include Fundamentals of Marketing, Principles of Supervision, Accounting for Non-Accounting Majors, and Statistics.

#25 University of Mary

  • Salary Score: 92
  • Median Starting Salary: $54,166
  • Locations: Bismarck (ND)
  • Accreditation: HLC

The University of Mary (UMary) in midwestern Bismark, North Dakota, is a private, Roman Catholic institution offering an online Bachelor of Science in Business Administration that can help prepare students for careers in multiple industries. Graduating requires 124 credits and generally takes full-time students four years. However, students transferring credits into this program may be able to finish as little as 2.3 years. UMary also offers an online Bachelor of Science in Business Management. UMary has a 79% acceptance and a 56% graduation rate.

Like many schools, UMary delivers its online curriculum via the Canvas learning management system. Business administration distance learners take courses such as Operations Management, Technology and Strategy, Marketing, and Human Resource Management. Students must also complete a 3-credit course in Catholic studies to graduate.

#26 University of Alaska Southeast

  • Salary Score: 92
  • Median Starting Salary: $53,862
  • Locations: Juneau (AK)
  • Accreditation: NWCCU

Juneau's University of Alaska Southeast (UAS) is a public, Alaska Native, Native Hawaiian, and Native American Non-Tribal serving institution offering an online Bachelor of Business Administration (BBA). Four emphases are available in (1) Accounting, (2) Management Information Systems, (3) Management, and (4) Human Resource Management. Students complete 120 credits in about four years for full-time students. UAS is competitive and accepts 56% of applicants, while 38% of students graduate with degrees.

Distance learners at UAS use Blackboard to access online coursework and instruction. Depending on the emphasis, those enrolled in the online bachelor's in business program may choose from courses such as Organizational Effectiveness, Fraid and Forensic Examination, International Business, and Information Security Management.

#27 Utah Valley University

  • Salary Score: 91
  • Median Starting Salary: $53,406
  • Locations: Orem (UT)
  • Accreditation: NWCCU

Utah Valley University (UVU) is a public university in Orem offering an online Bachelor of Science in Business Management that can help students develop an understanding of accounting, finance, marketing, and analytics through the Woodbury School of Business, Utah's largest business school. While this degree program is primarily online, students may need to access a certified distance learning testing location for proctored exams. An academic advisor can help determine if any previously-completed coursework is transferable and how many credits are still needed to graduate. UVU accepts 100% of applicants due to its open admission policy and has a 41% graduation rate.

UVU uses Canvas and Kaltura to deliver its online programming. Depending on online availability, online business management students may take courses such as Inclusive Leadership, Data Analytics for Business, Organizational Behavior, and Strategic Operational Planning.

#28 Bellevue University

  • Salary Score: 90
  • Median Starting Salary: $53,149
  • Locations: Bellevue (NE)
  • Accreditation: HLC

Nebraska's Bellevue University (BU) is a private, nonprofit institution offering an online Bachelor of Science in Business as an accelerated program for students with at least 60 transfer credits. Courses are six weeks long, and students take two per term. Graduating requires completing 127 credits and generally takes full-time students two years or less. BU also offers an online Bachelor of Science in Business Administration. BU has an open admission policy, accepting all applicants, and has a 51% graduation rate.

BU uses Canvas for online curriculum delivery. The online business degree program courses include Economic Principles, Marketing, Finance and Accounting Principles, and Human Resources. The program culminates in a business capstone. All BU students must also complete nine credits in the Kirkpatrick Signature Series, including American Vision and Values, Tradition and Change, and Freedom and Responsibility.

#29 University of Maryland Global Campus

  • Salary Score: 89
  • Median Starting Salary: $52,455
  • Locations: Adelphi (MD)
  • Accreditation: MSCHE

The University of Maryland Global Campus (UMGC) is a branch of the public UM system offering an online Bachelor of Science in Business Administration with a curriculum to help students sharpen their management, organizational theory, and operational skills. Students complete 120 credits and may transfer up to 90 into the program. Those attending full-time may finish in less than four years, depending on how many credits they transfer. UMGC has an open admission policy that enables it to accept all applicants. It has a 30% graduation rate.

UMGC uses the Learning Experience Online (LEO) learning management system for distance learning. Online business administration students take courses such as Organizational Communication, Human Resource Management, Finance for the Nonfinancial Manager, and Managing Customer Relationships in Digital Marketing.

#30 Southern New Hampshire University Online

  • Salary Score: 89
  • Median Starting Salary: $52,433
  • Locations: Manchester (NH)
  • Accreditation: NECHE

New England's Southern New Hampshire University (SNHU) online is a public institution offering an online Bachelor of Science in Business Administration with 14 concentrations, including Sport Management, Industrial Organizational Psychology, International Business, and Public Administration. This 120-credit program may be completed in less than four years if attending full-time and transferring in up to 90 credits — some students may finish in less than two years. SNHU has a 94% acceptance and a 40% graduation rate.

SNHU uses Brightspace to deliver its online curriculum. Depending on the concentration, an online student's schedule may include certain courses, such as Social Psychology; Sport, Society, and Ethics; Policy Analysis and the Role of the Public; and Multinational Marketing.

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What Is a Bachelor's in Business Degree?

Business is one of the most widely available online degree options, in part because it is a highly popular major. Data from the National Center for Education Statistics shows business majors have dominated the graduating classes of U.S. colleges and universities for 40 years.

The term "business degree" can be somewhat confusing because it is used in different ways. Most often, it refers to a generalist degree in business administration or business management, which includes coursework in many aspects of the business field. Undergraduate degree programs are designed to give students a foundation in business functions by introducing them to essential topics, such as management, accounting, finance, and economics.

However, the term can also refer to any of the specialty degrees students may earn in the college of business at most colleges and universities. These include bachelor's degrees in HR management, organizational leadership, finance, marketing, economics, and accounting. If you're not sure which type of business degree you want, you may consider earning a general business management degree with a concentration or perhaps a minor in one of these specialties.

Looking for the most affordable business program? Explore our rankings of the most affordable online bachelor's in business and master's in business administration degrees

Degree Requirements

Bachelor's degrees in business are designed to be completed in four to five years of full-time study or possibly six years of part-time study. Most online bachelor's degrees require 120 credit hours of general education, business classes, and electives to graduate. However, students who have earned previous credits or already have an associate degree may be able to finish sooner by transferring credits or enrolling in a degree completion program. 

Many schools also require business majors to complete an internship to gain valuable, real-world work experience. Engaging in one or more externships may also help you zero in on the type of business or management role you want to pursue.

Business Courses

Whether you're studying business administration, international business, project management, or another area of focus, degrees in business have a core set of classes to prepare graduates for success in the industry. Coursework often requires students to work in groups or teams to help develop their communication and collaboration skills. Business students can expect to take some of the following core courses:

Business Analytics

Using data to inform decisions is an essential skill for business professionals. In this course, students learn how to gather, analyze, and explain data and its applications for business leaders and companies. Lectures may cover programming, data mining, predictive analytics, optimization, data analytics, and data visualization.

Business Management

Business leaders must be adept at performing various managerial functions. This class is designed to familiarize students with the key aspects of management, from planning and organizing to staffing and decision making. Coursework will also cover management principles and theories, social responsibility, and business ethics.

Economics

This introductory course explains the fundamental economic concepts as they relate to business markets. Some programs break this subject down into individual classes on macroeconomics and microeconomics. Lectures will touch on large-scale issues that affect the economy, including inflation, recession, and unemployment, as well as small-scale issues that affect businesses at the organizational level.

Marketing

This course is designed to give learners a thorough understanding of contemporary marketing methods and strategies and the societal factors influencing business markets. Class topics will include product distribution, promotion, pricing, consumer behavior, market research, product life cycles, and marketing ethics. 

Admission Requirements

Before submitting your application to any online business degree program, you'll want to check the school's application deadline. Deadlines vary depending on the type of school and admissions format, but some schools start accepting applications as early as one year in advance of the academic year in which students plan to start attending classes. Most of the more competitive schools notify students regarding acceptance on March 1.

To apply to most colleges, you'll need to submit an online application along with some or all of the following:

  • Official high school or GED transcripts, usually with a minimum GPA of 2.5-3.0
  • Your scores on college entrance exams, such as the SAT or ACT 
  • A personal essay or statement
  • One to three letters of recommendation from teachers, coaches, and other mentors
  • A resume or list of extracurricular activities, jobs, and volunteer activities, including awards or honors

What Can You Do With a Bachelor's in Business Degree?

A bachelor's degree in business opens the door to a wide range of occupations and career paths. You might find yourself working in technology, real estate, manufacturing, healthcare, entertainment, or any of the other industries that drive the U.S. economy. What they all have in common is the need for trained professionals who understand management, commerce, and marketing.

Further Education

While many occupations require only a bachelor's degree, some career opportunities may require additional education. Many types of advanced degrees are available, each with its own curriculum and focus.

Master's in Business Management

Master's in business management programs are distinctly different from master's in business administration programs. They are designed to prepare graduates for leadership positions in a particular aspect of business, such as supply chain management, or a specific industry, such as engineering. In addition to subject-specific courses, programs usually include courses on strategy, budgeting, and planning.

Master's of Business Administration

One of the most common advanced degrees in business is the Master of Business Administration (MBA). An MBA covers many of the same topics found in a bachelor's program — finance, accounting, management, and statistics — only in greater depth. There are also specialized MBA programs that combine a full spectrum of business classes with several courses on a specific subject, such as finance, international business, and human resources

MBA in Management

One of the most versatile MBAs, an MBA in Management includes courses in both business fundamentals and leadership. Through advanced courses, students develop technical skills in finance, accounting, and marketing, as well as soft skills, like motivation and strategic planning.

Doctorate in Business

Two types of business degrees are available at the doctoral level. The Doctor of Business Administration (DBA) is an applications-oriented degree that allows business executives and owners to continue developing their skills in management. The PhD in Business Administration is a more theoretical degree. Business PhDs typically work in academia, teaching and conducting research into emerging business topics.

Business Certificates

At some point in your business career, you may decide to expand on your knowledge and skills by earning a post-graduate certificate in a specific area of business, such as business analytics, project management, or financial planning. These certificate programs usually require the completion of four to six credit hours, which can often be completed in less than a year.

Potential Careers

As a graduate with a bachelor's degree in business, you can go to work in the private sector, employed by all types and sizes of business organizations. You can also work in the public sector, employed by a nonprofit organization or government agency. Another option is to become a business consultant, guiding many different types of businesses. Truthfully, you have almost unlimited opportunities to work in the type of environment pursuing the business mission you choose.

Wondering what you can do with a business degree? Learn more about your options with our business career guide

Other Business Specializations

While many occupations require only a bachelor's degree, some career opportunities may require a master's degree. Most students take two to three years to complete the approximately 30 credit hours involved in an online master's degree program. The curriculum may be tightly focused on a particular functional area or industry.

Accounting

The coursework for a Master's in Accounting explores financial and managerial accounting, financial reporting, and tax law in depth. The broad focus on how financial information can be used to guide strategic decision-making helps prepare students for executive-level financial management positions. 

Finance

The curriculum for a Master's in Finance addresses all aspects of business while also focusing on financial planning, risk management, and investments. It helps prepare students for managerial positions within the finance and banking industries as well as many other corporations and organizations.

Healthcare Administration

A Master's in Healthcare Administration teaches students to lead departments and day-to-day operations in healthcare settings by offering management, finance, human resource, and healthcare policy classes. Graduates typically become administrators or managers in hospitals, clinics, nursing homes, and other healthcare facilities.

Healthcare Management

A Master's in Healthcare Management program combines general business administration courses with in-depth coverage of the U.S. healthcare system, healthcare regulations, and insurance. This degree is often required or preferred for high-level managerial positions in healthcare facilities, pharmaceutical companies, and insurance companies. 

Human Resources

HR can be an important part of an organization's business strategy. A Master's in Human Resources is designed to teach students about talent management, training, skill development, and employment law so they can assume executive-level HR roles in all types of organizations.

Marketing

A Master's in Marketing explores brand management, marketing strategy, and sales force management in depth so that marketers can develop their leadership abilities. The curriculum often includes advanced courses in market research, forecasting, and sales strategies.

Organizational Leadership

Organizational leadership looks at business management through the lens of human behavior. The curriculum for a Master's in Organizational Leadership prepares graduates for roles that focus on relationships and communication, such as corporate trainer, project team leader, sales director, and organizational management consultant.

Project Management

Project management has a wide range of applications across sectors, from public service to technology. A Master's in Project Management focuses on planning and scheduling, assessing project costs and budgets, risk management, securing necessary goods and services, and managing teams.

Sports Management

A Master's in Sports Management prepares graduates for mid- and high-level managerial positions with professional sports teams or sports facilities. In addition to studying general business functions, such as finance and marketing, students gain a thorough understanding of the professional sports industry.

Supply Chain Management

Professionals in supply chain management make sure all functions within a company run smoothly and efficiently in order to deliver goods on time. Students in a Master's in Supply Chain Management study logistics, production planning, inventory, materials management, purchasing, imports, and exports.

Financing Your Bachelor's Degree in Business

Before you apply to a business degree program, you may want to calculate approximately how much you can afford to pay for your education. Comparing this figure to the cost of earning a degree in business at various schools may help you narrow down the programs you'd like to attend. You may also want to estimate the return on investment (ROI) of a bachelor's degree in business, which means the total cost of earning the degree as compared to your estimated lifetime earnings.

Some additional data from the Bureau of Labor Statistics (BLS) may prove useful in evaluating the value of a business management degree. The BLS shows that the median weekly income for bachelor's degree holders is $1,334 as compared to the $1,057 median for all workers. This translates to just over $14,400 more per year. Also, in general, the unemployment rate for college graduates is lower than for workers without degrees.

Cost

Among the schools on our list of the best online bachelor's degrees in business, tuition fees vary. Even within the same school, tuition fees typically differ for in-state, out-of-state, and online students. However, according to the College Board's 2022 report, average annual tuition fees range from $10,940 for four-year public schools to $39,400 for four-year private schools. The College Board estimates an additional $1,240 annually for books and other supplies. Distance learners may have to pay a technology fee for online classes, but these expenses can be offset by the money you'll save on housing and transportation costs associated with campus living.

Financial Aid

Depending on your financial status, you may be eligible for financial aid, which can dramatically impact the cost of your education. Although aid money typically goes to the students with the greatest financial need, all students should submit a Free Application for Federal Student Aid (FAFSA) to see if they qualify for financial assistance. Several months after submitting the FAFSA form, you'll be notified by letter if you qualify for aid from one of the many sources of funding, which include the federal or state government or the school itself. 

Your financial aid package may be made up of several types of aid. Grants and scholarships provided by the federal and state government and by the colleges themselves are preferred because they typically don't need to be repaid. You may also be able to earn money toward your tuition through a federal work-study program. Some organizations also sponsor private scholarships based on need or merit, but you'll need to submit separate applications for these opportunities.

Aid packages often include student loans as well, but they do need to be paid back with interest, which can actually add a substantial sum to the total cost of your degree. Federal student loans offered through the government tend to have lower interest rates and better repayment terms than private student loans offered by banks and lending institutions, but both may be beneficial in helping you earn your degree.

Before accepting student loans, be sure to explore all other funding options. For example, if you have served or are serving in the military, you may be eligible for military financial aid or tuition discounts. Also, your employer may offer partial or full tuition reimbursement.

What Else Should You Consider?

Naturally, one of the most important factors to consider when you're selecting a business degree program is whether it will equip you for the career you have in mind. You may want to research the many business career options available and the highest paying business degrees, as well as the top employers. You may also want to think about degree levels for your dream job. For example, it's possible that only an associate degree in business is needed, as opposed to a bachelor's degree or master's degree

It's also important to choose a school that is accredited. Accreditation is a process that colleges and universities undergo to make sure their programs meet high academic standards. Selecting an accredited business program helps students ensure their education meets industry standards and that their degree will be recognized by employers, colleagues, and other business professionals. Accreditation is also necessary for students to qualify for federal financial aid and makes it easier to transfer credits and pursue further education.

Programmatic accrediting agencies evaluate specific programs, such as business degree programs, based on their ability to meet established industry standards. The two main accreditors for business degrees are the Association to Advance Collegiate Schools of Business (AACSB) and the Accreditation Council for Business Schools & Programs (ACBSP). Both of these agencies are recognized by the US Department of Education and the Council for Higher Education Accreditation (CHEA) as independent accrediting bodies for academic business programs.

Another essential consideration is whether to pursue a business degree online. Online degree programs can be more accessible for students, allowing them to fit courses around work, family, and other responsibilities. Online programs are especially popular with military service members, as moving frequently makes it difficult to enroll on campus. Choosing an online degree also means you have access to a wider range of program options rather than being limited to what's offered in your area.

While there are many benefits to earning a business degree online, students should also consider the potential drawbacks of online college. Some learners may struggle to network with peers and professors or stay on track in a distance learning setting. 

FAQs About Bachelor's in Business Programs

What Can You Do With a Business Administration Degree?


With a degree in business administration, you can direct your career in any number of directions, including management, marketing, sales, human resources, and more. You'll find business jobs in virtually every industry, in everything from small startups to large multinational corporations. At some point, you may even decide to become an entrepreneur.

Which Business Degree Should I Get?


Your choice of business degree should be based on your career goals. If you're not quite sure what those are yet, consider earning a bachelor's degree in business administration. This generalist degree opens the door to a wide range of occupations, which may later lead you to pursue an advanced degree that concentrates on a particular field or aspect of business.

Is a Business Degree Worth It?


Yes, a business degree is worth it. Because of its versatility, a business degree prepares you to work in a multitude of occupations and industries. Business degree programs also help you develop valuable transferable skills, such as leadership and analytical thinking.

Is a Business Degree a BA or a BS?


A business degree can be a Bachelor of Arts (BA) or a Bachelor of Science (BS), and both types of degrees provide a solid foundation in finance, marketing, and management. A Bachelor of Arts typically includes more liberal arts courses and often helps students develop soft skills like communication and teamwork. A Bachelor of Science, conversely, often includes more math and statistics courses and helps students develop critical-thinking and problem-solving skills.

Bottom Line

Earning an online business degree is a smart choice. A bachelor's program in business administration is designed to give you a thorough understanding of the core aspects of business, from reading financial statements to developing marketing campaigns to managing your fellow employees. Your business degree provides a firm foundation on which to build an interesting and rewarding career.

What Is a Bachelor's in Business Degree?

Business is one of the most widely available online degree options, in part because it is a highly popular major. Data from the National Center for Education Statistics shows business majors have dominated the graduating classes of U.S. colleges and universities for 40 years.

The term "business degree" can be somewhat confusing because it is used in different ways. Most often, it refers to a generalist degree in business administration or business management, which includes coursework in many aspects of the business field. Undergraduate degree programs are designed to give students a foundation in business functions by introducing them to essential topics, such as management, accounting, finance, and economics.

However, the term can also refer to any of the specialty degrees students may earn in the college of business at most colleges and universities. These include bachelor's degrees in HR management, organizational leadership, finance, marketing, economics, and accounting. If you're not sure which type of business degree you want, you may consider earning a general business management degree with a concentration or perhaps a minor in one of these specialties.

Looking for the most affordable business program? Explore our rankings of the most affordable online bachelor's in business and master's in business administration degrees

Degree Requirements

Bachelor's degrees in business are designed to be completed in four to five years of full-time study or possibly six years of part-time study. Most online bachelor's degrees require 120 credit hours of general education, business classes, and electives to graduate. However, students who have earned previous credits or already have an associate degree may be able to finish sooner by transferring credits or enrolling in a degree completion program. 

Many schools also require business majors to complete an internship to gain valuable, real-world work experience. Engaging in one or more externships may also help you zero in on the type of business or management role you want to pursue.

Business Courses

Whether you're studying business administration, international business, project management, or another area of focus, degrees in business have a core set of classes to prepare graduates for success in the industry. Coursework often requires students to work in groups or teams to help develop their communication and collaboration skills. Business students can expect to take some of the following core courses:

Business Analytics

Using data to inform decisions is an essential skill for business professionals. In this course, students learn how to gather, analyze, and explain data and its applications for business leaders and companies. Lectures may cover programming, data mining, predictive analytics, optimization, data analytics, and data visualization.

Business Management

Business leaders must be adept at performing various managerial functions. This class is designed to familiarize students with the key aspects of management, from planning and organizing to staffing and decision making. Coursework will also cover management principles and theories, social responsibility, and business ethics.

Economics

This introductory course explains the fundamental economic concepts as they relate to business markets. Some programs break this subject down into individual classes on macroeconomics and microeconomics. Lectures will touch on large-scale issues that affect the economy, including inflation, recession, and unemployment, as well as small-scale issues that affect businesses at the organizational level.

Marketing

This course is designed to give learners a thorough understanding of contemporary marketing methods and strategies and the societal factors influencing business markets. Class topics will include product distribution, promotion, pricing, consumer behavior, market research, product life cycles, and marketing ethics. 

Admission Requirements

Before submitting your application to any online business degree program, you'll want to check the school's application deadline. Deadlines vary depending on the type of school and admissions format, but some schools start accepting applications as early as one year in advance of the academic year in which students plan to start attending classes. Most of the more competitive schools notify students regarding acceptance on March 1.

To apply to most colleges, you'll need to submit an online application along with some or all of the following:

  • Official high school or GED transcripts, usually with a minimum GPA of 2.5-3.0
  • Your scores on college entrance exams, such as the SAT or ACT 
  • A personal essay or statement
  • One to three letters of recommendation from teachers, coaches, and other mentors
  • A resume or list of extracurricular activities, jobs, and volunteer activities, including awards or honors

What Can You Do With a Bachelor's in Business Degree?

A bachelor's degree in business opens the door to a wide range of occupations and career paths. You might find yourself working in technology, real estate, manufacturing, healthcare, entertainment, or any of the other industries that drive the U.S. economy. What they all have in common is the need for trained professionals who understand management, commerce, and marketing.

Further Education

While many occupations require only a bachelor's degree, some career opportunities may require additional education. Many types of advanced degrees are available, each with its own curriculum and focus.

Master's in Business Management

Master's in business management programs are distinctly different from master's in business administration programs. They are designed to prepare graduates for leadership positions in a particular aspect of business, such as supply chain management, or a specific industry, such as engineering. In addition to subject-specific courses, programs usually include courses on strategy, budgeting, and planning.

Master's of Business Administration

One of the most common advanced degrees in business is the Master of Business Administration (MBA). An MBA covers many of the same topics found in a bachelor's program — finance, accounting, management, and statistics — only in greater depth. There are also specialized MBA programs that combine a full spectrum of business classes with several courses on a specific subject, such as finance, international business, and human resources

MBA in Management

One of the most versatile MBAs, an MBA in Management includes courses in both business fundamentals and leadership. Through advanced courses, students develop technical skills in finance, accounting, and marketing, as well as soft skills, like motivation and strategic planning.

Doctorate in Business

Two types of business degrees are available at the doctoral level. The Doctor of Business Administration (DBA) is an applications-oriented degree that allows business executives and owners to continue developing their skills in management. The PhD in Business Administration is a more theoretical degree. Business PhDs typically work in academia, teaching and conducting research into emerging business topics.

Business Certificates

At some point in your business career, you may decide to expand on your knowledge and skills by earning a post-graduate certificate in a specific area of business, such as business analytics, project management, or financial planning. These certificate programs usually require the completion of four to six credit hours, which can often be completed in less than a year.

Potential Careers

As a graduate with a bachelor's degree in business, you can go to work in the private sector, employed by all types and sizes of business organizations. You can also work in the public sector, employed by a nonprofit organization or government agency. Another option is to become a business consultant, guiding many different types of businesses. Truthfully, you have almost unlimited opportunities to work in the type of environment pursuing the business mission you choose.

Wondering what you can do with a business degree? Learn more about your options with our business career guide

Other Business Specializations

While many occupations require only a bachelor's degree, some career opportunities may require a master's degree. Most students take two to three years to complete the approximately 30 credit hours involved in an online master's degree program. The curriculum may be tightly focused on a particular functional area or industry.

Accounting

The coursework for a Master's in Accounting explores financial and managerial accounting, financial reporting, and tax law in depth. The broad focus on how financial information can be used to guide strategic decision-making helps prepare students for executive-level financial management positions. 

Finance

The curriculum for a Master's in Finance addresses all aspects of business while also focusing on financial planning, risk management, and investments. It helps prepare students for managerial positions within the finance and banking industries as well as many other corporations and organizations.

Healthcare Administration

A Master's in Healthcare Administration teaches students to lead departments and day-to-day operations in healthcare settings by offering management, finance, human resource, and healthcare policy classes. Graduates typically become administrators or managers in hospitals, clinics, nursing homes, and other healthcare facilities.

Healthcare Management

A Master's in Healthcare Management program combines general business administration courses with in-depth coverage of the U.S. healthcare system, healthcare regulations, and insurance. This degree is often required or preferred for high-level managerial positions in healthcare facilities, pharmaceutical companies, and insurance companies. 

Human Resources

HR can be an important part of an organization's business strategy. A Master's in Human Resources is designed to teach students about talent management, training, skill development, and employment law so they can assume executive-level HR roles in all types of organizations.

Marketing

A Master's in Marketing explores brand management, marketing strategy, and sales force management in depth so that marketers can develop their leadership abilities. The curriculum often includes advanced courses in market research, forecasting, and sales strategies.

Organizational Leadership

Organizational leadership looks at business management through the lens of human behavior. The curriculum for a Master's in Organizational Leadership prepares graduates for roles that focus on relationships and communication, such as corporate trainer, project team leader, sales director, and organizational management consultant.

Project Management

Project management has a wide range of applications across sectors, from public service to technology. A Master's in Project Management focuses on planning and scheduling, assessing project costs and budgets, risk management, securing necessary goods and services, and managing teams.

Sports Management

A Master's in Sports Management prepares graduates for mid- and high-level managerial positions with professional sports teams or sports facilities. In addition to studying general business functions, such as finance and marketing, students gain a thorough understanding of the professional sports industry.

Supply Chain Management

Professionals in supply chain management make sure all functions within a company run smoothly and efficiently in order to deliver goods on time. Students in a Master's in Supply Chain Management study logistics, production planning, inventory, materials management, purchasing, imports, and exports.

Financing Your Bachelor's Degree in Business

Before you apply to a business degree program, you may want to calculate approximately how much you can afford to pay for your education. Comparing this figure to the cost of earning a degree in business at various schools may help you narrow down the programs you'd like to attend. You may also want to estimate the return on investment (ROI) of a bachelor's degree in business, which means the total cost of earning the degree as compared to your estimated lifetime earnings.

Some additional data from the Bureau of Labor Statistics (BLS) may prove useful in evaluating the value of a business management degree. The BLS shows that the median weekly income for bachelor's degree holders is $1,334 as compared to the $1,057 median for all workers. This translates to just over $14,400 more per year. Also, in general, the unemployment rate for college graduates is lower than for workers without degrees.

Cost

Among the schools on our list of the best online bachelor's degrees in business, tuition fees vary. Even within the same school, tuition fees typically differ for in-state, out-of-state, and online students. However, according to the College Board's 2022 report, average annual tuition fees range from $10,940 for four-year public schools to $39,400 for four-year private schools. The College Board estimates an additional $1,240 annually for books and other supplies. Distance learners may have to pay a technology fee for online classes, but these expenses can be offset by the money you'll save on housing and transportation costs associated with campus living.

Financial Aid

Depending on your financial status, you may be eligible for financial aid, which can dramatically impact the cost of your education. Although aid money typically goes to the students with the greatest financial need, all students should submit a Free Application for Federal Student Aid (FAFSA) to see if they qualify for financial assistance. Several months after submitting the FAFSA form, you'll be notified by letter if you qualify for aid from one of the many sources of funding, which include the federal or state government or the school itself. 

Your financial aid package may be made up of several types of aid. Grants and scholarships provided by the federal and state government and by the colleges themselves are preferred because they typically don't need to be repaid. You may also be able to earn money toward your tuition through a federal work-study program. Some organizations also sponsor private scholarships based on need or merit, but you'll need to submit separate applications for these opportunities.

Aid packages often include student loans as well, but they do need to be paid back with interest, which can actually add a substantial sum to the total cost of your degree. Federal student loans offered through the government tend to have lower interest rates and better repayment terms than private student loans offered by banks and lending institutions, but both may be beneficial in helping you earn your degree.

Before accepting student loans, be sure to explore all other funding options. For example, if you have served or are serving in the military, you may be eligible for military financial aid or tuition discounts. Also, your employer may offer partial or full tuition reimbursement.

What Else Should You Consider?

Naturally, one of the most important factors to consider when you're selecting a business degree program is whether it will equip you for the career you have in mind. You may want to research the many business career options available and the highest paying business degrees, as well as the top employers. You may also want to think about degree levels for your dream job. For example, it's possible that only an associate degree in business is needed, as opposed to a bachelor's degree or master's degree

It's also important to choose a school that is accredited. Accreditation is a process that colleges and universities undergo to make sure their programs meet high academic standards. Selecting an accredited business program helps students ensure their education meets industry standards and that their degree will be recognized by employers, colleagues, and other business professionals. Accreditation is also necessary for students to qualify for federal financial aid and makes it easier to transfer credits and pursue further education.

Programmatic accrediting agencies evaluate specific programs, such as business degree programs, based on their ability to meet established industry standards. The two main accreditors for business degrees are the Association to Advance Collegiate Schools of Business (AACSB) and the Accreditation Council for Business Schools & Programs (ACBSP). Both of these agencies are recognized by the US Department of Education and the Council for Higher Education Accreditation (CHEA) as independent accrediting bodies for academic business programs.

Another essential consideration is whether to pursue a business degree online. Online degree programs can be more accessible for students, allowing them to fit courses around work, family, and other responsibilities. Online programs are especially popular with military service members, as moving frequently makes it difficult to enroll on campus. Choosing an online degree also means you have access to a wider range of program options rather than being limited to what's offered in your area.

While there are many benefits to earning a business degree online, students should also consider the potential drawbacks of online college. Some learners may struggle to network with peers and professors or stay on track in a distance learning setting. 

FAQs About Bachelor's in Business Programs

What Can You Do With a Business Administration Degree?


With a degree in business administration, you can direct your career in any number of directions, including management, marketing, sales, human resources, and more. You'll find business jobs in virtually every industry, in everything from small startups to large multinational corporations. At some point, you may even decide to become an entrepreneur.

Which Business Degree Should I Get?


Your choice of business degree should be based on your career goals. If you're not quite sure what those are yet, consider earning a bachelor's degree in business administration. This generalist degree opens the door to a wide range of occupations, which may later lead you to pursue an advanced degree that concentrates on a particular field or aspect of business.

Is a Business Degree Worth It?


Yes, a business degree is worth it. Because of its versatility, a business degree prepares you to work in a multitude of occupations and industries. Business degree programs also help you develop valuable transferable skills, such as leadership and analytical thinking.

Is a Business Degree a BA or a BS?


A business degree can be a Bachelor of Arts (BA) or a Bachelor of Science (BS), and both types of degrees provide a solid foundation in finance, marketing, and management. A Bachelor of Arts typically includes more liberal arts courses and often helps students develop soft skills like communication and teamwork. A Bachelor of Science, conversely, often includes more math and statistics courses and helps students develop critical-thinking and problem-solving skills.

Bottom Line

Earning an online business degree is a smart choice. A bachelor's program in business administration is designed to give you a thorough understanding of the core aspects of business, from reading financial statements to developing marketing campaigns to managing your fellow employees. Your business degree provides a firm foundation on which to build an interesting and rewarding career.

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