2020 Best Online Bachelor's in Business Degrees

By Taylor Nichols | Updated November 23, 2020

Business has been the most popular major for four decades for a reason: it’s a versatile credential that can boost careers in a wide range of fields. Professionals with a strong foundation in business are needed in marketing, healthcare, technology, and many other sectors. According to the National Association of Colleges and Employers, the starting salary for those who graduated with bachelor’s degrees in 2019 was $52,000 per year. At the master’s level, recent graduates earned nearly $77,000, and an MBA has the potential to unlock much higher salaries down the road. A degree in business is a solid career choice for those seeking higher salaries and career advancement opportunities. Below is our rankings list of the top schools offering online bachelor’s degrees in business. Continue reading for more information on career opportunities, concentrations, and accreditation for those studying business.

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2020 Best Online Colleges Offering Bachelor's in Business Degrees

2020 Best Online Colleges Offering Bachelor's in Business Badge

This list highlights the 24 best value colleges offering online bachelor's degrees in business. University of Alaska Fairbanks is the #1 school, with an average alumni salary of $116,400 and charging only $9,690 for their Bachelor of Business Administration - General Business. At #8, Southern Utah University has the least expensive tuition on the list, costing only $6,006 per year for its Bachelor of Science in Business Management.

Alumni salaries were provided by PayScale. View our methodology for more details or learn more about OnlineU.

Rank School Annual Tuition Mid-Career Salary
# 1 #1 $9,690 $116,400
# 2 #2 $12,720 $113,800
# 3 #3 $14,850 $102,600
# 4 #4 $10,795 $100,800
# 5 #5 $11,970 $99,700
# 6 #6 $11,400 $98,200
# 7 #7 $18,390 $99,200
# 8 #8 $6,006 $93,900
# 9 #9 $19,500 $99,100
# 10 #10 $26,654 $101,700
# 11 #11 $13,260 $96,000
# 12 #12 $11,935 $94,500
# 13 #13 $13,350 $94,800
# 14 #14 $17,850 $95,850
# 15 #15 $15,750 $94,800
# 16 #16 $30,386 $100,600
# 17 #17 $21,297 $96,900
# 18 #18 $14,850 $94,000
# 19 #19 $10,380 $91,400
# 20 #20 $13,260 $92,500
# 21 #21 $18,864 $94,300
# 22 #22 $19,200 $94,400
# 23 #23 $12,060 $91,400
# 24 #24 $15,810 $92,700
Salary data provided by Payscale Logo
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2020 Online Colleges Offering Business Degrees - Ranking Details

#1 University of Alaska Fairbanks

  • Annual Tuition: $9,690
  • Median Salary: $116,400
  • Locations: Fairbanks (AK)(and 1 other)
  • Accreditation: NWCCU

The Bachelor of Business Administration at the University of Alaska Fairbanks offers concentrations in general business, marketing, leadership, and sports management to allow students to focus their studies in a particular area of interest. The 120-credit hour online degree program provides instruction in international business, human resource management, and business ethics. Graduates may pursue various career opportunities as human resource specialists, marketing managers, and financial analysts.

Students complete their coursework asynchronously using the Blackboard online learning management system, where they can access texts, videos, discussion forums and participate in interactive virtual activities. Resources for online students include career development services, virtual library access, academic advising, and tutoring opportunities. Graduates may pursue various career opportunities, including human resource specialists, marketing managers, and financial analysts.

Interested students must have graduated from high school (or equivalent) and be at least 18 years old to apply. The application can be completed online, along with which students must submit their test scores and official transcripts. A minimum 2.5 GPA is required.

#2 Assumption College

  • Annual Tuition: $12,720
  • Median Salary: $113,800
  • Locations: Worcester (MA)
  • Accreditation: NECHE

Assumption College is a Catholic institution that offers an online Bachelor of Business Administration degree with seven concentrations, including accounting, digital marketing, and human resources, to allow students to tailor their studies. The 120-credit hour curriculum requires core coursework in micro- and macroeconomics, statistics, accounting, marketing, corporate finance, and business law. Students fulfill elective requirements and must also complete a multidisciplinary, directed-study capstone course.

Online coursework involves frequent communication between students, classmates, and instructors through bulletin boards and chat rooms. Classes run in 7.5-week terms, and students can take one or two courses per term. Distance learners have access to online tutoring, technical support, accessibility services, and career development.

Prospective students can apply by filling out an online application and submitting official transcripts. A minimum 2.5 GPA is recommended for applicants.

#3 Concordia University-Irvine

  • Annual Tuition: $14,850
  • Median Salary: $102,600
  • Locations: Irvine (CA)
  • Accreditation: WSCUC

Concordia University-Irvine offers an online Bachelor of Business Administration & Leadership with concentrations in Management, Finance, Marketing, and International Business. As a Lutheran university, the curriculum incorporates Christian values and includes instruction in financial accounting, business law, and management. Students can also choose to complement their bachelor’s degree with a minor in accounting, economics, sports management, or another approved discipline. The degree can be completed in 18 months.

Online coursework is delivered through the Blackboard learning management system, where students can access assignments, discussion forums, pre-recorded video lectures, class readings, and quizzes. While students primarily work independently, periodic “live” class times allow them to interact with classmates and instructors. Resources available to online students include IT support, the Disability and Learning Resource Center, electronic library services, and a virtual writing studio.

The admission requirements for prospective students include official high school transcripts (or equivalent) and a minimum 2.8 GPA. The application can be completed online, either through the university’s website or by using the Common Application. At this time, applicants do not need to submit ACT or SAT scores.

#4 University of New Mexico

  • Annual Tuition: $10,795
  • Median Salary: $100,800
  • Locations: Albuquerque (NM)
  • Accreditation: HLC

The University of New Mexico offers an online Bachelor of Business Administration degree completion program for students seeking to establish a career in business, management, marketing, or finance. The 120-credit curriculum includes instruction in marketing management, finance management, and business law. Students can select a concentration in general management. Graduates may pursue careers in the government, private, and nonprofit sectors.

Classes take place over 8-week terms and are delivered using the Blackboard learning management system, where students complete assignments, quizzes, and participate in discussions. The majority of the coursework can be completed independently; however, students should expect to log on 2-3 times a week for each class. Online student resources include career services, mental health counseling, and academic support, including tutoring, advising, and library access.

Applicants must have approximately 40 credits of prerequisite coursework, with a minimum 2.5 GPA. Prospective students should complete the online application and submit their academic transcripts. Students must first be admitted to the University of New Mexico before being accepted into the business administration program.

#5 University of St. Francis

  • Annual Tuition: $11,970
  • Median Salary: $99,700
  • Locations: Joliet (IL)
  • Accreditation: HLC

The University of St. Francis offers an online Bachelor of Business Administration (BBA) with concentrations in accounting, healthcare management, management, and organizational leadership. Students take core courses in business law, statistics, macroeconomics, microeconomics, management, and organizational behavior. Students also complete required courses in their chosen track and elective courses to graduate.

Online coursework for online degrees is identical to the curriculum offered for traditional, on-campus degrees. Online student resources include counseling, academic support and tutoring, and access to the Career Success Center.

To apply to the online BBA program, students must submit a completed online application or the Common Application, test scores, and academic transcripts. Prospective students are assigned an admissions counselor to guide them through the application process.

#6 Quincy University

  • Annual Tuition: $11,400
  • Median Salary: $98,200
  • Locations: Quincy (IL)
  • Accreditation: HLC

Quincy University offers an online Bachelor of Science in Business Administration degree completion program. The degree requires 120 credits for completion. Most students begin the program with an associate degree or some college credits, which can be transferred and applied toward general education requirements. Online students take two classes per eight-week term, and can generally finish their degree in two years.

The core business curriculum includes courses in economics for managers, principles of management, organizational behavior, business law and ethics, and managing in a global environment. Distance learners have access to academic tutoring and advising, personal success coaches, career development programs, and counseling.

To apply for this program, students must submit a completed application and official transcripts. Academic advisors are assigned to students to guide them through the course enrollment process.

#7 California Baptist University

  • Annual Tuition: $18,390
  • Median Salary: $99,200
  • Locations: Riverside (CA)
  • Accreditation: WSCUC

California Baptist University offers an online Bachelor of Arts in Business Administration with a specialization in Management and Logistics and Operations. These programs provide students with a comprehensive education that prepares them for various careers as analysts, supervisors, human resources managers, or marketing managers. As a religious institution, students take classes that incorporate Christian values. The BA business program can be completed in 16 months.

Students take general education classes and prerequisites before beginning the core curriculum. Requirements for both tracks include courses in micro and macroeconomics, business application, composition, and intermediate algebra, and principles of accounting.

Students studying management then take classes such as International Business, Human Resource Management, Decision Making and Leadership, and Communication Strategy in Management. Those in the Logistics and Operations track can expect to take classes like Global Supply Chain Management, Logistics Planning and Controlling, and Project and Team Management.

To apply, applicants must have completed 24 academic credits with a 2.0 minimum GPA. Prospective students can apply online by submitting their transcripts and filling out an application. Applicants are paired with an admissions counselor who can assist them with the application process.

#8 Southern Utah University

  • Annual Tuition: $6,006
  • Median Salary: $93,900
  • Locations: Cedar City (UT)
  • Accreditation: NWCCU

Southern Utah University offers a fully-online Bachelor of Science in Business Management degree available through the Department of Management, Marketing, and Hospitality. This program prepares students for careers as entrepreneurs, consultants, sales managers, or market analysts. A total of 120-124 credits are required to graduate, including 30-35 credits of general education coursework.

The online curriculum includes classes in business law and ethics, managerial economics, strategic management, marketing principles, organizational behavior and leadership, and supply chain and logistics management. Online students have access to a student success advisor, the SUU writing center, and tutoring services.

Students interested in applying must submit an online application, official transcripts, and standardized test scores.

#9 Rutgers University

  • Annual Tuition: $19,500
  • Median Salary: $99,100
  • Locations: New Brunswick (NJ)
  • Accreditation: MSCHE

Rutgers University offers an online Bachelor of Arts in Business Administration with a concentration in Corporate Finance, Financial Analysis, Data Analytics, Digital Marketing, or Strategic Human Resources Management. Through completing the core business curriculum, students develop leadership skills and learn about current business models and best practices in business administration. Following the completion of the program, graduates are prepared to begin careers in human resources, marketing, finance, or operations.

Coursework is delivered entirely online. Students may enroll in a 12-day learning abroad experience in South Africa. Students also have the option to earn academic credit by completing an internship with faculty permission.

To apply, students must have already earned 18 transferable college credits from an accredited university. An online application is required, along with official transcripts, test scores, and a personal essay.

#10 New York University

  • Annual Tuition: $26,654
  • Median Salary: $101,700
  • Locations: New York (NY)
  • Accreditation: MSCHE

New York University offers an online Bachelor of Science in Leadership and Management Studies with a concentration in Human Resource Management; International Business and Global Management; Marketing, Advertising and Public Relations; and Organizational management and Development. The degree completion program requires 128 credits to complete, including general education classes and electives, major-specific coursework and program electives, and concentration coursework, if applicable. To graduate, students must complete a four-credit graduation project. Students may also receive academic credit by completing an internship.

The curriculum includes courses in leadership, principles of marketing, sustainable management principles, comparative political economy, international trade and investment, and sustainable development in emerging economies. Resources available to online students include academic advisors, tutoring, and IT services.

To apply, students must have earned an associate degree or have completed 45 transferable college credits, with a recommended 3.3 GPA. Applicants can submit an online application, personal statement, CV, two letters of recommendation, official transcripts, and test scores.

#11 University of Virginia

  • Annual Tuition: $13,260
  • Median Salary: $96,000
  • Locations: Charlottesville (VA)
  • Accreditation: SACS COC

The University of Virginia offers an online Bachelor of Interdisciplinary Studies degree completion program with a concentration in Business. Students may begin the program after earning 45-60 college credits, either transferred from an accredited institution or received at UVA. A total of 120 credits are required for graduation; Students generally complete the degree in three to four years while taking two courses per semester. The core curriculum is primarily focused on the liberal arts, and students are also required to complete 24 credits of electives.

Classes are delivered fully online and are generally taken synchronously with other online students, although some courses are offered asynchronously. The business concentration accounts for 18 credits and includes classes in commercial law, fundamentals of marketing, managerial finance, international law, and organizational behavior. In addition to online coursework, students complete a two-course capstone project that spans two semesters.

Online students can take advantage of career development services, tutoring, academic advising, and disability accommodations. The application process for this degree program involves students submitting an online application and official transcripts.

#12 University of Massachusetts - Amherst

  • Annual Tuition: $11,935
  • Median Salary: $94,500
  • Locations: Amherst (MA)
  • Accreditation: NECHE

The University of Massachusetts-Amherst offers an online Bachelor in Business Administration (BBA) through the Isenberg School of Management. The BBA is a degree completion program that offers concentrations in accounting, finance, management, marketing, and operations and information management. The 120-credit curriculum includes core general education courses and business core classes, with topics in principles of financial and managerial accounting, fundamentals of marketing, operations management, and business data analysis. Courses specific to the chosen concentration include between 12 and 27 credits.

Students can also pursue a Bachelor of Arts in Business Studies through the University Without Walls degree completion program. This degree requires 120 credits, and up to 75 credits may be transferred from previous academic institutions. Students customize their major by selecting courses in topics of interest and completing 45 credits in their chosen field. Students are encouraged to use the online student center to find resources such as scholarship information, tutoring, technical support, and academic guidance.

Admissions for both online programs requires completing an online application. Students applying for the University Without Walls program must have at least 12 college credits with a minimum 2.0 GPA. Those with fewer than 27 credits must submit their official transcripts. Students applying to the Isenberg School of Management's BSBA must have at least 27 college-level credits and submit a personal statement, resume, and official transcripts.

#13 Lesley University

  • Annual Tuition: $13,350
  • Median Salary: $94,800
  • Locations: Cambridge (MA)
  • Accreditation: NECHE

Lesley University offers a fully online Bachelor of Science in Business Management that prepares students for careers as sales managers, business analysts, human resources managers, or entrepreneurs. The 120-credit program offers specialization tracks in marketing or nonprofit management. The curriculum includes a foundation of general education coursework and core courses in economics, finance and accounting, leadership and management, and analytics.

Students in the program take classes in marketing strategies, organizational behavior and ethics, managing in the global economy, advertising, corporate social responsibility, and fundraising and philanthropy. To graduate, students complete a capstone project where they evaluate an organization using a five-step strategic analysis.

The admission process requires that students submit an online application, official transcripts, and a personal statement. Forty-five transfer credits may be applied to the program's general education requirement. Students can register for the Prior Learning Assessment to earn additional college credit.

#14 Temple University

  • Annual Tuition: $17,850
  • Median Salary: $95,850
  • Locations: Philadelphia (PA)
  • Accreditation: MSCHE

Temple University offers an online Bachelor of Business Administration degree with concentrations in Accounting, Business Management, Human Resource Management, Legal Studies, Marketing, and Supply Chain Management. A total of 124 credits are required to graduate, including general education courses, 31 credits of liberal arts coursework, 60 credits of foundational coursework, 18 credits of major-specific coursework, and 15 credits of electives.

Online coursework is delivered on the Canvas learning management system. Courses can can both asynchronous and synchronous elements, including live video conferencing. The foundational coursework covers topics in leadership and organizational management, micro and macroeconomics, legal environment of business, statistical business analytics, professional development strategies, and business communications. Distance learners at Temple University can access the Fox Center for Student Professional Development, which offers programs and services to prepare students for entry into the professional world. The center provides workshops, internships, mentorship opportunities, and networking tools.

To apply for this online business degree, students use the Common Application online and submit their official transcripts, a personal essay, and standardized test scores. Those who have already completed an associate degree in business administration may be able to transfer a number of their credits.

#15 Hamline University

  • Annual Tuition: $15,750
  • Median Salary: $94,800
  • Locations: Saint Paul (MN)
  • Accreditation: HLC

Hamline University offers an online Bachelor of Business Administration designed for adult learners who have already completed an associate degree or earned transferable college credits. Students must complete required courses in macro and microeconomics analysis, accounting principles, statistics, foundations of management, business law, and upper-division courses in finance, international business, and marketing. At least 56 credits must be completed at Hamline University. Students with 60 transferable credits can complete the program in 18 months.

While the schedule for coursework is flexible, program participants should expect to devote approximately 12 hours each week to readings and assignments for each class. Distance learners at Hamline University benefit from substantial online resources, including library services, technical assistance, writing support, and tutoring.

To apply, students must submit a completed online application and official transcripts. Hamline offers prospective students an initial transcript review to determine the number of credits that can be transferred to the program.

#16 Newman University

  • Annual Tuition: $30,386
  • Median Salary: $100,600
  • Locations: Wichita (KS)
  • Accreditation: HLC

Newman University's School of Business offers an online Bachelor of Science in Organizational Leadership. This program is best suited for students who have already earned some college credit. The degree requires 124 credits in total, including 30 credits of core curriculum courses, 48 credits of general education, and 46 credits of elective coursework. While in the program, students take core classes in principles of marketing, organizational behavior, cross-cultural communication, business and professional writing, and business ethics.

Newman University implements a program called Navigator, which is a system of resources for all enrolled students. Navigator assists students with career development and provides leadership development, hands-on learning experiences, and a support team of faculty, academic advisors, and student mentors.

Classes begin every eight weeks, and interested students can apply online. Students may transfer credits from previous college-level coursework and may qualify for transfer scholarships based on academic merit.

#17 Westminster College - UT

  • Annual Tuition: $21,297
  • Median Salary: $96,900
  • Locations: Salt Lake City (UT)
  • Accreditation: NWCCU

Westminster College offers an online Bachelor of Business Administration degree designed for working professionals. Prospective students with an associate degree or transferable credits are encouraged to apply. Program classes are offered entirely online and are self-paced. Most students with previous college experience can complete the program within 12-18 months. The 124-credit degree program requires that students complete five projects and an e-portfolio.

Sixty credits of program-specific coursework are required and include the following five units, professional development, competitive analysis, enterprise performance, strategy and leadership, and business/commercial plan. Each unit culminates in a final project that encapsulates learning objectives. Students complete the unit and corresponding project under the guidance of a faculty advisor, or "project coach."

Interested students can apply by submitting a completed application, official transcripts, a personal essay, and one letter of recommendation.

#18 St. Peter's University

  • Annual Tuition: $14,850
  • Median Salary: $94,000
  • Locations: Jersey City (NJ)
  • Accreditation: MSCHE

St. Peter's University offers an online Bachelor's of Science in Business Administration with a concentration in Accountancy, Management, or Healthcare Management. Students must complete 30 credits of core business curriculum, with classes in principles of marketing, principles of management, macro and microeconomics, statistics for business, finance, introduction to law and contracts, and an executive seminar. Students must complete 48-63 additional credits in their chosen concentration.

Students in the program may take classes on a part-time or full-time basis. Online coursework is delivered through the Blackboard learning management system, where students submit assignments, participate in discussions and group projects, and take tests.

The application process for St. Peter's University's business administration program requires that students submit an online application and previous academic transcripts. Applicants may also need to submit a writing sample.

#19 West Virginia University

  • Annual Tuition: $10,380
  • Median Salary: $91,400
  • Locations: Morgantown (WV)
  • Accreditation: HLC

West Virginia University offers an online Bachelor of Science in Business Administration through the John Chambers College of Business and Economics. Students can select a concentration in general business, marketing, or hospitality and tourism management. The degree program requires 120 credits to complete and includes general education classes, business administration core courses, and classes specific to the chosen concentration.

Online coursework is delivered through the eCampus learning management platform, where students can communicate with instructors and collaborate with peers. Prospective students have access to enrollment coaches during the application process and academic advisors once they are matriculated. Online students also have access to the technology service desk, electronic library resources, and the WVU portal to enroll in classes, check grades, and more.

Prospective students must apply online to WVU and submit their transcripts and test scores. After completing the lower-division prerequisite courses with a minimum 2.5 GPA, students may apply to the business program.

#20 Southeastern University

  • Annual Tuition: $13,260
  • Median Salary: $92,500
  • Locations: Lakeland (FL)
  • Accreditation: SACS COC

Southeastern University is a Christian institution that offers a Bachelor of Business Administration (BBA) or a Bachelor of Science in Business and Professional Leadership. These programs can be completed in four years and have overlapping coursework; both require that students take approximately 56 credits of general education courses in addition to courses specific to their major.

Students in the BS degree learn the professional leadership skills necessary to work in churches, military, police, or nonprofit management. The BBA program offers a specialization in marketing communication or business leadership. Online students have access to various services and resources to support their education, including academic advising, career development coaching, and IT assistance.

To apply, prospective students must submit an online application, official transcripts, a letter of recommendation that speaks to the applicant's Christian character, and a personal essay.

#21 California State University-East Bay

  • Annual Tuition: $18,864
  • Median Salary: $94,300
  • Locations: Hayward (CA)
  • Accreditation: WSCUC

California State University-East Bay offers an online Bachelor of Science in Business Administration degree completion program for working professionals with an associate degree. The program aims to prepare graduates to take on leadership roles in the public or private sector. Six concentrations are offered in finance, human resources management and organizational behavior, accounting, general management, information technology management, and operations and supply chain management.

The business administration core curriculum covers topics in communications in team building, managerial economics, business strategy, financial management, business and professional ethics, and marketing principles. The duration of the program is dependent upon the number of courses that students transfer into the program. Students can complete coursework at their own pace.

Prospective students must have earned at least 60 college credits with a minimum of a "C" grade. Students may apply by submitting an application and official transcripts for consideration.

#22 Dominican College of Blauvelt

  • Annual Tuition: $19,200
  • Median Salary: $94,400
  • Locations: Orangeburg (NY)
  • Accreditation: MSCHE

The Dominican College of Blauvelt offers an online Bachelor of Science in Business Management. Students in this program learn about business management, business theories and practical implementation, as well as the tools to think critically and creatively in shifting work environments. Additional skills taught through the online degree program include leadership and communication, business analysis, and proficiency in reporting and operations technology.

In addition to the core curriculum, students must complete 60 credits of general education coursework, half of which must be completed at Dominican College. Distance learners have access to the on-campus fitness center and library resources.

Prospective students must submit an online application and official transcripts to apply. An academic advisor is available to guide students through the application process, register for courses, establish career goals, and provide program support.

#23 University of Massachusetts-Dartmouth

  • Annual Tuition: $12,060
  • Median Salary: $91,400
  • Locations: North Dartmouth (MA)
  • Accreditation: NECHE

The University of Massachusetts-Dartmouth offers an online Bachelor of Science in General Business Administration. This online business degree prepares students for management and leadership roles in finance, healthcare, banking, manufacturing, or a related field. A total of 120 credits are required to complete the degree; however, up to 75 credits may be transfer credits from previous institutions.

The curriculum prepares students to evaluate an organization's goals and implement strategic planning programs to meet those goals. Students in the program can expect to take courses in quantitative business analysis, principles of enterprise management, organizational behavior, operations management, and project management. While enrolled in the online program, students have access to free online tutoring and the virtual writing center.

To apply to this program, prospective students submit an online application and their academic transcripts. For those hoping to transfer to UMass-Dartmouth, student support advisors are available to provide guidance and assistance.

#24 Quinnipiac University

  • Annual Tuition: $15,810
  • Median Salary: $92,700
  • Locations: Hamden (CT)
  • Accreditation: NECHE

Quinnipiac University offers an online Bachelor of Business Administration degree completion program designed for students with an associate degree or some college credit. A total of 121 credits are required for graduation. Students take core curriculum courses in financial accounting, essentials of management and organizational behavior, business law and society, marketing principles, globalization and international business, and principles of micro and macroeconomics.

Courses are fully online and are taught by the same faculty as the traditional, on-campus business programs. Online coursework is delivered in an asynchronous format. Distance learners have access to 24/7 technical support, academic advising, and financial aid.

Students may transfer up to 76 credits from their previous educational institution and must have earned a minimum of 45 credits to be eligible for the program. To apply, prospective students must complete an online application and submit a resume, personal statement, and academic transcripts. The admission process takes place on a rolling basis so that students may begin the program in the fall, spring, or summer.

Online Business Degree Overview & Career Information

Undergraduate certificates and associate degrees in business can cover both general or career-focused business areas. For example, an associate degree in business usually covers general college-level liberal arts topics, as well as economics, management, leadership, accounting, and other basic business topics. Other certificates can be used to pick up specific business skills, such as bookkeeping or human resources knowledge.

Online bachelor’s degrees in business provide a broader introduction to the interdisciplinary nature of business, as well as the chance to specialize the degree. Bachelor's graduates understand how to communicate in business settings, interpret financial data, effectively market a business, and think about business in a global context. Some bachelor’s programs have pre-designed focuses in areas like information technology or human resources management.

Master’s degrees in business come in a few different forms and are a great option for students who would want to learn about advanced business topics or switch from another career to business. The online Master of Business Administration (MBA) is one of the most popular options. MBA degree programs offer a variety of advanced business topics, such as ethics, finance, and quantitative analysis. Other master’s programs focus in a particular business area, such as accounting, human resources, or management information systems, and can provide more depth.

Online doctoral degrees in business are designed for students who wish to work in academia, either conducting research or teaching others. These lengthy programs require that students create a research project that looks at an aspect of business and generates a new understanding of how businesses function.

Online Bachelor's Degrees in Business

Students in the business bachelor's program gain an understanding of the interdisciplinary skills necessary to run a business. These programs require the traditional 120 credit-hour course load, which takes four years to complete. Applicants need a high school diploma or GED; many programs also require ancillary materials such as a resume, statement of purpose, and standardized test scores.

Business students take a wide array of classes that expose them to the many facets of business. Courses in economics, finance, and accounting teach students how to develop budgets and understand the market system. Classes in advertising, marketing, and public relations discuss the development of a business's public image. General administration, business management, leadership, and communications courses round out the degree's core of classes. Depending on the program, students may also be required to complete an experiential learning component. Common hands-on requirements include internships, co-op work experiences, and project-based courses.

Graduates can use their training to apply for entry-level positions in small and large businesses. Opportunities exist for business graduates in general administration, marketing, human resources, accounting, and information technology departments. Other graduates find their place in government agencies, hospitals, financial institutions, and non-profit organizations. Graduates can also start their own small business.

Accreditation for Online Business Schools

Selecting an accredited business program can help students ensure that they will receive a high-quality education that will be respected in the business world. Employers will likely give more consideration to a candidate who has graduated from a recognized and respected educational institution. Accreditation is also necessary for students who plan to pursue federal financial assistance or transfer credits to other schools in the future.

Regional and national accrediting agencies evaluate schools based on their curricula, faculty qualifications, research programs, and student resources, among other things. Programmatic accrediting agencies evaluate specific degree programs, such as business programs, based on their ability to meet established academic standards for that particular discipline.

In the case of business degree programs, it's wise to choose one that has been accredited by either the Association to Advance Collegiate Schools of Business or the Accreditation Council for Business Schools & Programs. Both of these agencies are recognized by the US Department of Education and the Council for Higher Education Accreditation as being legitimate independent accrediting bodies for business and business-related academic programs. The Distance Education Accrediting Commission (DEAC) is another recognized accrediting body that awards accreditation for institutions that specifically offer online programs.

Online Entrepreneurship Degrees

If you are innovative, driven by the desire to create new things, and love the challenges entailed in product or service development, an online degree in entrepreneurship may help you to become a successful entrepreneur. An entrepreneurship degree is also a good fit if you're already established in business but wish to take your business to the next level. Entrepreneurship programs enhance the ability of students to identify and exploit business opportunities in a dynamic business environment. Online entrepreneurship degrees are available at both undergraduate and graduate levels.

Career opportunities for entrepreneurs are virtually unlimited: You may become a successful small business owner in the automotive, computer, fashion, healthcare, or horticulture field, or any other industry that holds interest for you. The program could also prepare you to become a consultant or franchise owner.

Coursework required during entrepreneurship degree programs teaches students the concepts and principles that prepare them to start, acquire, or develop a business. Courses also focus on the challenges in entrepreneurship as well as strategies for effectively resolving such problems. Students will build their knowledge and skills in areas such as accounting, business law, business management, computers, finance, human resources management, and marketing. Specialization courses may include advertising, international business, negotiation, new business venture management, product development and innovation, public relations, small business development and planning, strategic thinking for entrepreneurs, and venture capital and private equity.

Bachelor's programs require students to engage in a capstone experience or an internship as part of the learning requirements. This gives students the opportunity to demonstrate knowledge and skills gained from instruction. Students enrolled in master's programs must engage in a culminating experience after the completion of coursework. This may consist of a comprehensive exam, applied project, thesis, or other requirement as specified by the program. Graduate certificate programs offer students the opportunity to expand their existing knowledge and develop skills in a specific area within entrepreneurship. This is accomplished by completing a concentrated graduate-level course of study within the entrepreneurship program.

Online Insurance Degrees

Insurance is a wide-ranging industry that affects every type of business. All business owners need to protect their investment from physical threats (such as fire or theft) and lost income due to business interruption if disaster strikes. Online insurance degrees are available at the undergraduate and graduate levels and help to prepare students for careers in a number of fields. Graduates from these programs may choose to focus on sales, insurance underwriting, or management. Although not all employers require insurance sales agents to hold a bachelor's degree, many have completed their postsecondary education. Underwriters and managers usually have at least a minimum of an undergraduate degree.

Undergraduate certificate programs include courses in a number of topics, including insurance planning, life and health coverage. Students learn about annuities, long-term care, and property coverage products. Courses also cover insurance regulations and ethics for agents and financial advisors. Bachelor's degree students who choose to major in insurance will take a number of core business courses as part of the requirements to complete their degree. Understanding the fundamentals of marketing and finance is a good platform for learners entering this industry. Students may also be expected to take courses in accounting, microeconomics, macroeconomics, statistics, business law, and information systems.

At the master's degree level, students take a core curriculum that includes courses in risk management, business conditions analysis, and personal financial planning. Specialization courses vary, depending on the school offering the program. Some schools offer a course in international risk management, which gives students the opportunity to expand their educational horizons by taking a trip abroad.

Online International Business Degrees

Online international business degree programs equip students with the fundamental managerial skills to succeed in international business. The coursework introduces students to various accounting, banking, marketing, and monetary systems that exist in the global business environment. Programs give students the opportunity to develop an understanding of the business ethics, human resources, management fundamentals, and marketing concepts required to succeed in the global business environment. Areas of focus in international business programs include accounting, banking, cultural protocol, economics, exporting, finance, foreign languages, government contract management, healthcare management, importing, information management, management, and marketing.

Program graduates can take up managerial positions in public and private firms as well as in the non-profit sector in the global arena. Job titles for graduates of international business degrees include export sales representative, international business development manager, international marketing representative, and international sales manager. Online international business programs are available at the associate, bachelor's, master's, and doctoral degree levels.

Bachelor's degree programs place heavy emphasis on introducing students to barriers in global business, which includes cultural, legal, political, social, and technological barriers. Students also develop an understanding of international trade and investment opportunities. Bachelor's and master's degree programs usually require students to complete a capstone project or internship. This is an excellent opportunity for students to demonstrate their grasp of course content.

The curriculum for master's programs covers areas such as creation and distribution of goods and services, domestic and global economic environments, financial reporting, analysis and markets, and human behavior in organizations. Doctoral programs focus on developing research and writing skills, which are essential for high-level leadership positions in global academic and business settings. In addition to taking an integrated sequence of courses, doctoral students must also complete a dissertation and take a comprehensive exam. Doctoral degree programs are a good choice if you've earned your master's degree in the field and intend to take up high-level leadership positions in the global environment.

Online Small Business Management Degrees

Those who are interested in starting their own businesses may be interested in earning a degree that offers a small business management or entrepreneurship emphasis. Degree options range from certificates in small business management and entrepreneurship to bachelor's degrees in business administration with a concentration in small business management.

Students who are enrolled in these types of programs can expect to take classes on a range of business-related topics, from finance and marketing to economics. Additional coursework that focuses specifically on small business management will include classes on such topics as hiring and managing employees, business ethics, creating a business plan, advertising a small business, and other topics that a small business owner or entrepreneur needs to know.

After successfully completing one of these degree programs, students often pursue a variety of small business ventures, such as starting their own sole proprietor business, opening franchises of an existing company, or working at another individually owned small business. For entrepreneurs who are interested in using their small business management degree to launch their own company, additional licensing or certification may be necessary, depending on what they wish to do and where they live. The U.S. Small Business Administration maintains a great list of resources for the aspiring entrepreneur, from business plan guides to tips on obtaining financing, tax information, as well as instructions on how to register your small business.

Career Opportunities for Business Graduates

The skills and knowledge acquired during a business degree program make graduates suitable for a wide array of career options. The following is a list of just some of the career opportunities available to students who complete an online business degree program:

  • Administrative Manager: Administrative managers are responsible for overseeing how an office runs, including small items such as paperwork and mail delivery, and larger items such as processes and office maintenance. The job duties will depend on the particular organization, but they will often include coordinating with all employees, making sure the office has enough supplies, and making sure the office is up to standards, codes, and regulations.
  • Compensation/Benefits Manager: The human resources arm of a company is vital to employee motivation and overall happiness at work. A compensation or benefits manager will generally oversee the human resources department and make sure that each employee is getting paid fairly and on time. They will also help keep employees motivated with well-earned benefits and items such as a retirement plan and paid vacation time.
  • Financial Manager: Finances are a huge part of any organization, because even if earning money isn't an organization's main goal (e.g., a non-profit company) they still need money to keep the doors open and the employees paid. A financial manager will ensure that a company's money is spent wisely, and they will report to executives or board members on the progress of the company, often offering solutions for any financial distress.
  • Marketing/Advertising Manager: Almost every business in the world needs marketing. As a marketing or advertising manager, you'll be working with the sales team to make sure all numbers are being met and that everyone on your team is doing their job and meeting their goals. You may also serve as the facilitator between those who are selling your product and those who are buying what you have to sell.
  • Training/Service Manager: Once employees are hired at a company, they need to be trained. Training is crucial, as it's an employee's introduction to what will be his or her job in the days ahead. A training manager will oversee this orientation process and update and improve it as necessary.

Frequently Asked Questions About Business Degrees

Is a two-year business degree worth it?

Getting an associate degree in any subject is worth it. Studies show an associate degree can boost your income by $6,000 per year, and a two-year degree in business can help students decide if they want to go on to pursue a bachelor’s degree in the subject. If they choose to continue with their education, they will have accumulated two years of credits they may be able to apply towards a four-year degree.

Which business degree pays the most?

While majoring in business will benefit your career and likely lead to a higher salary, there are some areas in the field that are more lucrative than others. According to Indeed, some of the highest-paying business majors are healthcare management, economics, project management, and finance. Your salary will also depend on what sector you find employment in. For example, a business degree can be useful in the technology industry, which will likely pay more than working for a nonprofit.

Do you have to be good at math to go into business?

Getting a degree in business will include math classes. However, some degrees are more focused on mathematics than others. For example, a degree in economics, accounting, or finance will be very math-heavy. A degree in business administration or management will include math classes but this won’t be as concentrated as it is when studying accounting or economics. Business majors learn to use and apply mathematical concepts in everyday situations. Students who struggle with mathematics may have difficulty in these classes, but most schools offer resources such as online tutoring centers to help students succeed.

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