Best Online Business Degree Programs

By the OnlineU team | Updated 2/22/2021

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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2021 Best Online Colleges Offering Bachelor's in Business Degrees

2021 Best Online Colleges Offering Bachelor's Degrees in Business Badge

The schools with the best 10-year return on investment (ROI) for an online bachelor’s degree in business have ROIs of $500,000 and higher. ROI estimates graduates' total earnings over 10 years, based on alumni salary and debt. In our ROI calculations, we account for both future earnings and loan interest in order to provide an estimate of the long-term outcomes of investing in a degree. The average ROI for business degrees in the US is $418,700; alumni of top-ranked University of Virginia have an estimated ROI of $788,000, about $369,000 higher than the nationwide average.

ROI amounts are based on data reported by the U.S. Department of Education. Tuitions are manually researched in order to determine tuition amounts specific to online degrees. Read our methodology for more details.

RankSchool Annual Tuition Median Starting Salary Median Debt 10-year ROI
# 1 #1 University of Virginia $14,640 $78,719 $18,006 $788,000
# 2 #2 New York University $43,032 $76,871 $20,008 $766,900
# 3 #3 City University of Seattle $20,520 $71,015 $25,375 $699,500
# 4 #4 Golden Gate University $14,322 $71,351 $29,251 $698,100
# 5 #5 University of Minnesota Online $13,545 $62,623 $20,500 $618,900
# 6 #6 Goodwin University $19,988 $63,005 $40,286 $598,500
# 7 #7 Oregon Institute of Technology $12,150 $61,020 $24,000 $598,300
# 8 #8 Capella University $10,000 $61,073 $25,000 $597,600
# 9 #9 Becker College $13,330 $61,516 $30,000 $595,900
# 10 #10 University of Management and Technology $11,700 $60,185 $20,834 $593,700
# 11 #11 Colorado State University Global $10,500 $60,206 $24,978 $588,700
# 12 #12 Charter Oak State College $12,570 $59,485 $20,350 $587,100
# 13 #13 Western Governors University $6,450 $58,622 $15,092 $584,700
# 14 #14 Thomas Edison State University $9,278 $58,447 $17,114 $580,400
# 15 #15 Embry-Riddle Aeronautical University-Worldwide $12,870 $58,943 $21,874 $579,600
# 16 #16 Southwestern College - KS $19,800 $57,598 $16,227 $573,200
# 17 #17 Drexel University $41,310 $58,162 $27,737 $564,600
# 18 #18 University of Massachusetts - Amherst $14,250 $57,082 $21,500 $560,900
# 19 #19 Utah Valley University $16,092 $55,801 $15,750 $554,900
# 20 #20 University of Mary $13,950 $56,776 $24,362 $554,200
# 21 #21 Rutgers University $16,500 $56,415 $22,000 $553,400
# 22 #22 LeTourneau University $11,820 $56,415 $29,168 $544,500
# 23 #23 Bowling Green State University-Main Campus $9,727 $55,183 $24,275 $538,200
# 24 #24 Union Institute & University $16,350 $55,964 $31,090 $537,400
# 25 #25 Excelsior College $15,300 $53,300 $12,412 $533,600

Best Bachelor's Degrees in Business Rankings Details


University of Virginia

Charlottesville (VA)
  • 10-Year ROI: $788,000
  • Median Salary: $78,719
  • Annual Tuition: $14,640
  • Median Debt: $18,006

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, including 18 in the business concentration. Students... take classes in commercial law, fundamentals of marketing, managerial finance, and organizational behavior before completing a capstone project that spans two semesters. Students generally complete the degree in three to four years while taking two courses per semester.

Classes are delivered fully online and are generally taken synchronously with other online students, although some courses are offered asynchronously. Scholarships can help defray tuition costs, including the Osher Reentry Scholarship specifically for degree-completion students in an interdisciplinary studies program.

To apply, prospective students must submit an online application and official transcripts for all postsecondary schools where they earned credits. Once enrolled, online students can access virtual career development services, tutoring, academic advising, and disability accommodations.

Cost per Credit: $488
School Type: Non-Profit
Graduation Rate: 94%
Acceptance Rate: 27%
Financial Aid Recipients: 59%
Average SAT Scores: 1330 - 1500
Accreditation: SACS COC
Undergrad Online Enrollment: 344


New York University

New York (NY)
  • 10-Year ROI: $766,900
  • Median Salary: $76,871
  • Annual Tuition: $43,032
  • Median Debt: $20,008

New York University (NYU) offers an online Bachelor of Science in Leadership and Management Studies with a concentration in international business and global management. This is a degree-completion program requiring 128 credits to graduate, including general education classes and electives, required core business coursework, and 16 credits in concentration classes. The program culminates... in a four-credit graduation project, either a seminar or internship.

Classes may be offered with synchronous or asynchronous delivery. NYU hosts scholarships and grants for online students, including the School of Professional Studies (SPS) Scholarship that awards up to $10,000 a year for those with exceptional needs. Students with at least two semesters at NYU can apply to be Dean Scholars and earn up to $10,000 a year for outstanding academic achievement. The SPS Wasserman Center provides virtual career counseling and helps connect students with NYU’s employer partners and large alumni network.

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. Support resources for online students include academic advisors, tutoring, and IT services.

School Type: Non-Profit
Graduation Rate: 84%
Acceptance Rate: 28%
Financial Aid Recipients: 51%
Average SAT Scores: 1310 - 1510
Accreditation: MSCHE
Undergrad Online Enrollment: 90


City University of Seattle

Seattle (WA)
  • 10-Year ROI: $699,500
  • Median Salary: $71,015
  • Annual Tuition: $20,520
  • Median Debt: $25,375

City University of Seattle offers an online Bachelor of Science in Business Administration with four available concentrations: data analytics for business decision making, management, project management, and specialized study. This program lasts 180 quarter credits and includes 13 core five-credit business courses, plus five courses for each concentration. Core classes include Finance,... Fundamentals of AI, Marketing and Competitive Analysis, and Strategic Management. The project management program aligns with Project Management Institute (PMI) principles and can be applied to PMI’s Project Management Professional certification.

City U provides a choice of fully online or hybrid delivery models for this degree. Students use the Blackboard learning management system for the online portion, where they can work on assignments, watch videos, and respond to discussion threads at their convenience. Eligible applicants can pursue scholarships through City U, including awards based on need, merit, or specific backgrounds or work experiences. The Career Center provides recorded job-search workshops and live webinars through the CityU Alumni Association.

City U accepts applications throughout the year on a rolling basis. In addition to transfer credit for college coursework, students may receive credit for life and work experience using a Prior Learning Assessment. City U posts the resources required for each online course on its library website, which includes textbooks.

Cost per Credit: $456
School Type: Non-Profit
Financial Aid Recipients: 50%
Accreditation: NWCCU
Undergrad Online Enrollment: 341


Golden Gate University

San Francisco (CA)
  • 10-Year ROI: $698,100
  • Median Salary: $71,351
  • Annual Tuition: $14,322
  • Median Debt: $29,251

Golden Gate University (GGU) offers an online Bachelor of Science in Business as a general degree or ten concentrations. Concentrations include data analytics, international business, marketing, psychology, and accounting. The accounting and psychology concentrations are part of pathway programs that ease the process of pursuing a graduate degree at GGU in those disciplines. A ...Bachelor of Science in Accounting and a Bachelor of Arts in Management (with concentration options) are also available online. While each track has different core and elective requirements, all tracks are 123 units.

Students access coursework and lectures on GGU’s learning platform and are expected to contribute to discussion forums every week. Many courses are fully online, but some are offered with hybrid delivery. GGU hosts several scholarships and grants, including a 20% tuition grant for new undergraduates who aren’t receiving another award. The Career Services office provides job and internship opportunities, networking events, and employer insight videos where recruiters describe what they seek in job candidates.

GGU admissions focus on degree-completion students who already have some college credits; however, prospective students can still apply with proof of high school graduation or a GED and at least three years of work experience. These students will write a statement of purpose and may need to interview with the dean. Once admitted, students can access GGU’s support services, including academic advising, health and wellness resources, and virtual tutoring.

Cost per Credit: $462
School Type: Non-Profit
Accreditation: WSCUC
Undergrad Online Enrollment: 155


University of Minnesota Online

Minneapolis (MN) (and 4 others)
  • 10-Year ROI: $618,900
  • Median Salary: $62,623
  • Annual Tuition: $13,545
  • Median Debt: $20,500

The University of Minnesota Online (UMO) offers three specialized undergraduate business degrees. The Bachelor of Science in Agricultural Business prepares students to apply proven business practices to agriculture and commodities through courses such as Professional Agriselling, Farm Business Management, and Grain and Livestock Marketing. The Bachelor of Science in International Business... aims to create adaptable, globally focused professionals with coursework in International Business Law, International Business Cultures and Etiquette, and a foreign language. The Bachelor of Science in Marketing is for students seeking to understand and influence consumer behavior. Courses include Integrated Marketing Communication, Internet Marketing, and Brand Management. All three degrees require 120 credits to graduate.

UMO students use the Canvas learning management system to complete all coursework and interact with classmates. Though all three programs are fully online, their scholarships and grants are administered through the University of Minnesota’s Crookston campus. Available awards include the need-based U Promise Scholarship for eligible first-year students and the Berland Opportunity Grant for adults who are at least four years out of school.

Prospective students will apply through UM Crookston, which involves completing an online application and answering an essay question. To help students succeed, UMO provides a Learning Online page with links to academic advising and career services, learning and discipline tips, and health and well-being resources.

Cost per Credit: $452
School Type: Non-Profit
Graduation Rate: 73%
Acceptance Rate: 62%
Financial Aid Recipients: 85%
Average SAT Scores: 1099 - 1299
Accreditation: HLC
Undergrad Online Enrollment: 1,525


Goodwin University

East Hartford (CT)
  • 10-Year ROI: $598,500
  • Median Salary: $63,005
  • Annual Tuition: $19,988
  • Median Debt: $40,286

Goodwin University offers an online Bachelor of Science in Business Administration. This 121-credit program includes required core classes such as Business Law and Ethics, Small Business and Entrepreneurship, Customer Relations in a Multicultural World, and a Strategic Planning capstone. The program is designed to take four years, but students can also take accelerated classes that... last half the standard 15-week length.

Most courses are fully online, and others may be offered in a hybrid format. The Departmental Scholars program covers up to 30% of a business undergraduate’s tuition, as long as the student takes at least nine credits per semester and earns a 3.0 GPA or higher. Goodwin also allows up to 90 transfer credits, which can save students money by reducing the time needed to complete a degree.

Admission is rolling, with six start dates per year. Prospective students fill out an online application, submit high school or GED transcripts, and send in SAT or ACT scores after meeting with an Admissions Officer. Transfer students will also need to submit transcripts from any post-secondary institutions they’ve attended. Enrollees can access academic, personal, and professional support services that include writing help, tutoring, and counseling.

School Type: Non-Profit
Graduation Rate: 38%
Financial Aid Recipients: 97%
Accreditation: NECHE
Undergrad Online Enrollment: 812


Oregon Institute of Technology

Klamath Falls (OR)
  • 10-Year ROI: $598,300
  • Median Salary: $61,020
  • Annual Tuition: $12,150
  • Median Debt: $24,000

Oregon Institute of Technology (OIT) offers an online Bachelor of Science in Business Management. This program requires 182 credits to complete, with most classes worth three credits in OIT’s 11-week quarter system. Required coursework includes Principles of Accounting, Human Resource Management, Business Presentations, and Lean/Six Sigma Management, plus a two-course Senior Project... and a variety of electives. Students work with the Career Development office to secure a junior-year internship.

Online courses are delivered through the Canvas system, and most components are asynchronous. Instructors may schedule live lectures and web conferences but will always record them to benefit those who can’t attend. To help pay for their degree, students can pursue a range of scholarships based on need, merit, or diversity criteria.

Prospective students must submit the online application and have their official transcripts and SAT or ACT scores sent directly to the admissions office. This includes post-secondary transcripts for transfer students. OIT provides a Getting Started Checklist to smooth the transition into online college and prepare students to succeed.

Cost per Credit: $270
School Type: Non-Profit
Graduation Rate: 52%
Acceptance Rate: 61%
Financial Aid Recipients: 88%
Average SAT Scores: 1030 - 1240
Accreditation: NWCCU
Undergrad Online Enrollment: 726


Capella University

Minneapolis (MN)
  • 10-Year ROI: $597,600
  • Median Salary: $61,073
  • Annual Tuition: $10,000
  • Median Debt: $25,000

Capella University offers an online Bachelor of Science in Business degree with nine specializations: accounting, accounting CPA, business administration, finance, health care management, human resource management, management and leadership, marketing, and project management. The course path differs by program, but each student takes 10 core business courses and eight in their concentration,... culminating in a capstone course. A Bachelor of Science in Information Technology with a concentration in project management is also available. All of the degrees require 180 quarter credits.

Most students follow Capella’s GuidedPath system, which structures courses in 10-week quarters with due dates and synchronous discussions. The information technology degree and six of the business degree concentrations allow for FlexPath, which lets students take courses at their own pace and proceed to the next once they demonstrate competency. Capella provides funding opportunities for undergraduates, including the Capella Progress Reward that offers up to $8,000 to new students in a GuidedPath program. Students can also seek scholarships and complete their general education courses using self-paced modules, which can help reduce total tuition costs.

Admission requirements vary by degree, but all applicants must be at least 24 years old (with exceptions for service members and students with 24 prior college credits). Prospective students complete an online application and submit official high school or GED transcripts. Transfer students also submit previous college transcripts, as do students applying for FlexPath (which requires previous college experience).

School Type: For-Profit
Financial Aid Recipients: 100%
Accreditation: HLC
Undergrad Online Enrollment: 9,815


Becker College

Worcester (MA)
  • 10-Year ROI: $595,900
  • Median Salary: $61,516
  • Annual Tuition: $13,330
  • Median Debt: $30,000

Becker College offers an online Bachelor of Science in Business Administration, with an optional concentration in management. The program takes 121 credits to graduate and includes a core of 11 business classes. Students in the general track take Global Economics and 73 elective credits, and management students take five specialized courses and 52 elective credits. A senior-year... internship rounds out the program.

Becker delivers courses using the Canvas learning management system. Students log in to review and turn in assignments, watch virtual lectures, and interact with their classmates and instructors. Enrollees can apply for need- and merit-based scholarships and grants. These include the Travelli Scholarship for both need and merit and the Becker Family Grant, which discounts tuition 10% for all students of families with multiple Becker undergraduates.

To apply, students must submit high school or GED transcripts showing a GPA of at least 2.0 in a college-prep curriculum. SAT or ACT scores may be required. Transfer students must also submit transcripts for any college-level credits they claim.

Cost per Credit: $430
School Type: Non-Profit
Graduation Rate: 43%
Acceptance Rate: 69%
Financial Aid Recipients: 100%
Average SAT Scores: 980 - 1180
Accreditation: NEASC CTCI
Undergrad Online Enrollment: 97


University of Management and Technology

Arlington (VA)
  • 10-Year ROI: $593,700
  • Median Salary: $60,185
  • Annual Tuition: $11,700
  • Median Debt: $20,834

The University of Management and Technology (UMT) offers an online Bachelor of Business Administration degree with eight possible concentrations: criminal justice administration, engineering management, health administration, human resources management, international management, information technology management, management, and marketing management. This 120-credit program includes... 33 credits in core business classes such as Economics for Managers, Legal Environment of Business, Principles of Management, and Entrepreneurship. Students also elect 15 credits in the concentration and take a capstone course to conclude the program.

UMT’s online courses are asynchronous and allow for interaction through discussion boards and video conferencing. The university offers need-based scholarships for active-duty and honorably discharged service members, National Guard and Reserve members, and first responders. Eligible students can also borrow textbooks from UMT instead of buying them.

Prospective students need to complete the online application and submit a resume, high school or GED transcripts, transcripts from any postsecondary schools attended, and three reference forms.

Cost per Credit: $390
School Type: For-Profit
Graduation Rate: 40%
Accreditation: DEAC
Undergrad Online Enrollment: 321


Colorado State University Global

Greenwood Village (CO)
  • 10-Year ROI: $588,700
  • Median Salary: $60,206
  • Annual Tuition: $10,500
  • Median Debt: $24,978

Colorado State University Global (CSUG) offers an online Bachelor of Science in Business Management. This 120-credit program includes 31 general education credits and 30 credits of core business classes, such as Principles of Management, Quantitative Business Analysis, and the Business Policy Development and Implementation Capstone. An optional Business Management Practicum is designed... to give students practical experience, though it may not be available in all states. Any CSUG bachelor’s student can also select 15 credits toward a specialization such as marketing, project management, and human resources and organizational development.

Online students work in the Canvas learning system to view assignments, read and watch lectures, and interact with faculty and classmates through message boards and group chats. Students may be eligible for institutional scholarships if they meet certain conditions, such as academic excellence or financial need. Students who received an associate degree at a CSUG affiliate school can also receive a tuition discount. Students with special work or life experiences can take a Prior Learning Assessment to earn possible credit toward their degrees.

CSUG applicants must meet different requirements depending on their status. First-year students (and most others) must provide high school or GED transcripts showing a GPA of 2.8 or higher, along with an ACT score of 18 or higher or an SAT score of 980 or higher.

Cost per Credit: $350
School Type: Non-Profit
Graduation Rate: 64%
Accreditation: HLC
Undergrad Online Enrollment: 8,054


Charter Oak State College

New Britain (CT)
  • 10-Year ROI: $587,100
  • Median Salary: $59,485
  • Annual Tuition: $12,570
  • Median Debt: $20,350

Charter Oak State College offers an online Bachelor of Science in Business Administration with five possible concentrations: general business (with classes chosen in collaboration with an advisor), human resources, organizational management, project management, and small business. Students must earn at least 45 credits in the major, including nine in the concentration, a culminating... capstone, and core classes that include Financial Accounting, Principles of Marketing, and Business Law.

Online courses are asynchronous for maximum flexibility, and each features discussion forums, a detailed syllabus, and regular faculty interaction. Charter Oak has various endowed scholarships for current students, most with annual awards of $850. Graduates of Connecticut community colleges can apply for a transfer scholarship to cap their last two years of tuition at community college rates. Students can also save money using a Prior Learning Assessment to earn credit for work and life experiences outside academia.

Applicants must have at least nine college-level credits to be accepted at Charter Oak. Prospective students will need to provide transcripts for high school or a GED, plus any college-level institution they’ve attended. Once enrolled, students can access Charter Oak’s library and bookstore online, receive technology help, and seek tutoring and writing assistance.

Cost per Credit: $419
School Type: Non-Profit
Accreditation: NECHE
Undergrad Online Enrollment: 1,549


Western Governors University

Salt Lake City (UT)
  • 10-Year ROI: $584,700
  • Median Salary: $58,622
  • Annual Tuition: $6,450
  • Median Debt: $15,092

Western Governors University offers an online Bachelor of Science in Business Administration degree with concentrations in business management, healthcare management, and marketing. Each program consists of 40 or 41 courses that include general education requirements and a core of 13 business classes on topics such as finance, strategic thinking, business structure, and management... best practices. Students also take specialized courses and complete a capstone project in their concentration. The average completion time varies — for example, 67% of marketing B.S. students finish their degree within 36 months, whereas 73% of healthcare management students finish within 30 months.

WGU students complete coursework asynchronously at their own pace and can complete as many courses as they’re able during each six-month term. Business students can pursue funding opportunities such as the Business Ready Scholarship (for residents of select states) and the New Start Scholarship. WGU’s Career & Professional Development Team provides job search resources, resume and interview prep, and professional development help to students.

Applicants must complete an online admission form and submit high school or GED transcripts (and previous college transcripts for transfer students). An Enrollment Counselor will help each applicant through the process. Once enrolled, students are assigned a Program Mentor to guide them through their degree experience.

School Type: Non-Profit
Graduation Rate: 29%
Accreditation: NWCCU
Undergrad Online Enrollment: 88,921


Thomas Edison State University

Trenton (NJ)
  • 10-Year ROI: $580,400
  • Median Salary: $58,447
  • Annual Tuition: $9,278
  • Median Debt: $17,114

Thomas Edison State University (TESU) offers online Bachelor of Science in Business Administration degrees in 11 concentrations, including Accounting, Entrepreneurship, General Management, Marketing, and Operations Management. All tracks of this degree take 120 credits, including 36 in core business courses, 18 in the concentration, and six in electives. All business B.S. majors... take a capstone course called Strategic Management to complete their program.

TESU delivers courses in several online formats that include interactive, independent study, and guided study, which offer varying levels of interaction with faculty and classmates. Depending on the program, students may choose the option that best fits into their schedule and lifestyle. To help fund a degree, eligible students can apply for a scholarship, including awards for need, merit, New Jersey residency, or military service. TESU also provides ways to earn credit for prior learning and experience, such as taking a learning assessment or offering proof of a license or certification.

Applicants must be at least 20 years old or be in active military service. TESU may make exceptions for 18-19-year-olds with at least 24 college-level credits, but these applicants need to complete an Age Waiver Petition Request Form. The Center for Student Success provides administrative help for online students, and the Office of Academic Advising guides students through their academic programs.

School Type: Non-Profit
Accreditation: MSCHE
Undergrad Online Enrollment: 10,140


Embry-Riddle Aeronautical University-Worldwide

Daytona Beach (FL)
  • 10-Year ROI: $579,600
  • Median Salary: $58,943
  • Annual Tuition: $12,870
  • Median Debt: $21,874

Embry-Riddle Aeronautical University-Worldwide offers an online Bachelor of Science in Aviation Business Administration. This degree consists of 120 credits, including general education courses and a core of 12 business courses. Students also take 10 classes specific to aviation management, including Economics of Air Transportation, Airport Planning and Design, Aircraft Crash and... Emergency Management, and Trends and Current Problems in Air Transportation. The program culminates in a comprehensive exam at the end of the capstone Strategic Management course.

Embry-Riddle offers 12 annual undergraduate terms of 9-12 weeks each. Asynchronous courses use the Canvas system, and other courses feature collaborative synchronous sessions through EagleVision. Students can seek institutional scholarships and need- or merit-based scholarships for first-year students. The Career Services office provides Embry-Riddle students and graduates with contacts in the global aerospace industry and helps with resume and interview preparation.

Prospective students need to fill out an online application form and submit all relevant high school, GED, postsecondary, or military transcripts. Once enrolled, students receive academic advising services and around-the-clock access to technical support.

Cost per Credit: $429
School Type: Non-Profit
Graduation Rate: 20%
Acceptance Rate: 66%
Financial Aid Recipients: 60%
Accreditation: SACS COC
Undergrad Online Enrollment: 8,803


Southwestern College - KS

Winfield (KS)
  • 10-Year ROI: $573,200
  • Median Salary: $57,598
  • Annual Tuition: $19,800
  • Median Debt: $16,227

Southwestern College offers several online Bachelor of Science business degrees, including options in accounting, business administration, business quality management, human resource management and development, operations management, and strategic leadership. Each program requires 124 credits and students must take at least 30 at Southwestern. The curriculum differs by program,... but each culminates in a senior capstone course. Southwestern is affiliated with the United Methodist Church but welcomes students from all backgrounds.

Southwestern delivers courses through Blackboard, where students sign in at their convenience to complete assignments, watch recorded lectures, and interact with classmates in discussion forums. Courses last six weeks. The financial aid office provides scholarship and grant opportunities that include a scholarship for new undergraduates and some funding for Methodist students.

Prospective students must complete an online application and request their high school or GED transcripts (which show a minimum 2.0 GPA). Students can also transfer up to 94 approved credits toward their bachelor’s degree. Online learners can start during any of the eight terms each year. Once enrolled, they can access academic success coaches, career services, technical support, and virtual library resources.

School Type: Non-Profit
Graduation Rate: 47%
Acceptance Rate: 97%
Financial Aid Recipients: 100%
Average SAT Scores: 910 - 1080
Accreditation: HLC
Undergrad Online Enrollment: 723


Drexel University

Philadelphia (PA)
  • 10-Year ROI: $564,600
  • Median Salary: $58,162
  • Annual Tuition: $41,310
  • Median Debt: $27,737

Drexel University offers an online Bachelor of Science in Business Administration with an optional marketing concentration. This degree-completion program consists of 180 quarter credits (it runs on four 10-week quarters a year) and includes 16 core business administration courses in Managerial Accounting Foundations, Business Consulting, and Operations Management. General business... students select eight further business courses, while marketing students use those electives for their concentration. A Bachelor of Science in General Studies is also offered online with a specialization in business. The degree requires 180 quarter credits, and students can transfer in up to 135 quarter credits.

Students learn via the Blackboard learning management system, where they can access lectures, assignments, and class discussions from their computer or mobile device. The university hosts a week-long Online Test Drive for prospective students to learn what online education is like before committing. Drexel grants tuition discounts to employees of over 500 partner organizations. Undergraduates can also save money by transferring up to 90 credits into this program, which shortens the time needed to complete the degree.

Prior college experience isn’t required for application, but students with no credits must be at least two years out of high school. Transfer students must prove a GPA of 2.5 or higher. Drexel supports students with advising, mental health counseling, library, and IT services, along with career development counseling.

Cost per Credit: $918
School Type: Non-Profit
Graduation Rate: 74%
Acceptance Rate: 79%
Financial Aid Recipients: 100%
Average SAT Scores: 1170 - 1380
Accreditation: MSCHE
Undergrad Online Enrollment: 559


University of Massachusetts - Amherst

Amherst (MA)
  • 10-Year ROI: $560,900
  • Median Salary: $57,082
  • Annual Tuition: $14,250
  • Median Debt: $21,500

The University of Massachusetts-Amherst (UMA) offers online Bachelor of Business Administration and Bachelor of Science degrees. These degree completion programs offer concentrations in accounting, finance, management, marketing, and operations and information management. The 120-credit curriculum includes 11-12 business core classes and 6-10 classes for each concentration. UMA... also offers 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 schools. Students customize their major by selecting 45 credits in the Business Studies field.

UMA delivers courses through Blackboard Learn and provides an online learning guide to help students succeed. B.B.A. students can seek scholarships by enrolling in the automated Academic Works system. B.A. students also have scholarship options, along with microgrants to cover unexpected financial hardships.

Admissions for both online programs requires completing an online application and submitting official transcripts. B.B.A. applicants need at least 27 college-level credits and must submit a personal statement, resume, and official transcripts. B.A. applicants must have at least 12 college credits with a minimum GPA of 2.0. Enrolled students can access the online support center to find resources such as tutoring, technical support, and academic guidance.

Cost per Credit: $475
School Type: Non-Profit
Graduation Rate: 80%
Acceptance Rate: 58%
Financial Aid Recipients: 91%
Average SAT Scores: 1200 - 1390
Accreditation: NECHE
Undergrad Online Enrollment: 1,224


Utah Valley University

Orem (UT)
  • 10-Year ROI: $554,900
  • Median Salary: $55,801
  • Annual Tuition: $16,092
  • Median Debt: $15,750

Utah Valley University offers an online Bachelor of Science in Business Management with three available concentrations: general business, hospitality management, and international business. Each program takes 120 credits to complete, including 44 credits in a common business core (with courses such as Business Statistics, Principles of Marketing, and Operations Management). Each... concentration requires 27 credits, but only the General Business and Hospitality Management tracks require an internship.

Utah Valley delivers online courses through Canvas, where students read and submit assignments, review lectures, and interact with classmates and faculty in discussions. Most courses are asynchronous. To help fund their degree, students can search for scholarships based on their status as first-year students, continuing students, or transfer students. The Career Development Center helps students find jobs and internships by linking to job boards, holding career fairs for employers to recruit, and providing personalized counseling.

Applicants must fill out the online admissions form, submit official transcripts, and send ACT or SAT scores (required for some scholarships, not for admission). Admitted students can access a range of services, including online tutoring, academic advising, and accessibility accommodations.

School Type: Non-Profit
Graduation Rate: 26%
Financial Aid Recipients: 75%
Accreditation: NWCCU
Undergrad Online Enrollment: 3,030


University of Mary

Bismarck (ND)
  • 10-Year ROI: $554,200
  • Median Salary: $56,776
  • Annual Tuition: $13,950
  • Median Debt: $24,362

The University of Mary (UM) offers online Bachelor of Science degrees in Business Administration and Business Management. The administration program aims to create generalists who can work in any business sector in sales, operations, finance, marketing, or communications. The management degree is for students who want to lead teams and projects to shape organizational strategy.... Both degrees total 124 semester credits and take an average of four years to complete. Students in both programs take a course called Principles of Catholic Social Teaching in Business that reflects UM’s Benedictine Catholic values. The administration program also requires either an internship or an Experiential Development course.

Both programs are offered in fully online and blended formats. Some scholarships are available to UM students, including those who work for select employers partnered with the university. Online business students will receive nine free credits for their final UM term if they’ve remained in an active status throughout their degree. UM also offers transfer credits for prior learning earned through nonacademic means, so students can save money by reducing the time needed to graduate.

Most of UM’s online students are working adults with some college credit, but first-year students can apply with a high school degree or equivalent. Transfer students with 24 or more college credits must demonstrate a minimum GPA of 2.0 when applying.

Cost per Credit: $450
School Type: Non-Profit
Graduation Rate: 55%
Acceptance Rate: 76%
Financial Aid Recipients: 98%
Average SAT Scores: 1047 - 1272
Accreditation: HLC
Undergrad Online Enrollment: 330


Rutgers University

New Brunswick (NJ)
  • 10-Year ROI: $553,400
  • Median Salary: $56,415
  • Annual Tuition: $16,500
  • Median Debt: $22,000

Rutgers University offers an online Bachelor of Arts in Business Administration with a concentration in corporate finance, data analytics, digital marketing, or strategic human resource management. Through the core business curriculum, students develop leadership skills and learn about current business models and best practices in business administration. Rutgers offers an Integrated... Dual-Degree Program for undergraduates who also want to earn their Master of Business Administration at Rutgers. Students may pursue special in-person opportunities for credit, including a 12-day study-abroad experience in South Africa and an optional internship.

Coursework is delivered entirely online through the Canvas learning management system. Rutgers undergraduates can pursue a range of scholarships and grants to help fund the costs of their degree, including several based on financial need or New Jersey residence.

Students with 18 transferable college credits from an accredited university can submit an online application. Through My Rutgers, distance learners can access academic resources, grades, and career services.

Cost per Credit: $550
School Type: Non-Profit
Graduation Rate: 80%
Acceptance Rate: 58%
Financial Aid Recipients: 69%
Average SAT Scores: 1190 - 1410
Accreditation: MSCHE
Undergrad Online Enrollment: 347


LeTourneau University

Longview (TX)
  • 10-Year ROI: $544,500
  • Median Salary: $56,415
  • Annual Tuition: $11,820
  • Median Debt: $29,168

LeTourneau University offers an online Bachelor of Business Administration with concentrations in finance, general business, human resource management, management, and nonprofit management. This 120-credit program contains 42 credits of common core classes, including Information Systems, Business Ethics, and Organizational Behavior. Students also take 12 credits in their concentration.... Another option is LeTourneau’s online Bachelor of Business Management, a 120-credit program for students who want to lead teams and organizations. Specialized courses include Project Management and Dynamics of Leadership. Students in this program usually take one five-week course at a time, though some last 10 weeks. Both degrees emphasize LeTourneay’s Christian values in their course offerings, and all students must take 12 hours of theology courses to graduate.

Students complete all coursework through the Canvas system, which provides opportunities for communication with classmates and faculty. Students can pursue three endowed scholarships, though two of these have specific Texas residency requirements.

Applicants must complete an online application and submit official high school, GED, or postsecondary institution transcripts. Once enrolled, online students can access a range of resources, including online tutoring and videos on succeeding in online education.

School Type: Non-Profit
Graduation Rate: 61%
Acceptance Rate: 47%
Financial Aid Recipients: 100%
Average SAT Scores: 1090 - 1320
Accreditation: SACS COC
Undergrad Online Enrollment: 1,007


Bowling Green State University-Main Campus

Bowling Green (OH)
  • 10-Year ROI: $538,200
  • Median Salary: $55,183
  • Annual Tuition: $9,727
  • Median Debt: $24,275

Bowling Green State University (BGSU) offers a fully online Bachelor of Science (BS) in Management and Technology-Business and a BS in Technology Quality Systems. Both degree completion programs require students to have an associate degree or 12 consecutive months of work experience to be eligible to apply. The program curriculums are Quality Matters certified and emphasize leadership,... technology, and management. Students can complete the degrees in 24-36 months.

Students can transfer credits into the programs from previous college-level coursework, and students in the management and technology program can receive credit for work experience. Veteran and active-duty military students are eligible for tuition discounts. 100% of program graduates report that they are employed, starting a business, or in graduate school within six months.

Multiple start dates are available. Students must submit an online application and required documentation to apply. An enrollment specialist is available to assist students through the application process.

School Type: Non-Profit
Graduation Rate: 56%
Acceptance Rate: 73%
Financial Aid Recipients: 95%
Average SAT Scores: 880 - 1100
Accreditation: HLC
Undergrad Online Enrollment: 693


Union Institute & University

Cincinnati (OH)
  • 10-Year ROI: $537,400
  • Median Salary: $55,964
  • Annual Tuition: $16,350
  • Median Debt: $31,090

Union Institute & University (UIU) offers an online Bachelor of Science in Business Management that students can study as a general degree or with one of five concentrations: applied technology & business leadership, business administration, health care administration, human resource management, and organizational leadership. This 120-credit program contains five core classes that... all students take, including Theory and Practice of Leadership and Strategic Management and Business Policy. A 120-credit Bachelor of Science in Applied Technology and Business Leadership is also available. This program includes major and core courses and a graduation capstone.

Online courses start every eight weeks, and students can choose a full- or part-time path for added flexibility. Those with prior credits can transfer up to 90 hours, including up to 30 from qualifying nonacademic Certified Learning sources, which lowers total tuition by reducing the time needed to complete the program. UIU also hosts scholarships for undergraduates, including tuition assistance for graduates of select community colleges or public safety workers. UIU’s career services include helping students identify their strengths and weaknesses, building a professional online image, and learning to promote themselves effectively.

To apply, prospective students must provide high school or GED transcripts. Transfer students need to submit transcripts for all sources of previous credits. UIU provides academic services such as math tutoring and writing assistance, along with virtual library access and a technology help desk.

Cost per Credit: $545
School Type: Non-Profit
Graduation Rate: 11%
Financial Aid Recipients: 100%
Accreditation: HLC
Undergrad Online Enrollment: 538


Excelsior College

Albany (NY)
  • 10-Year ROI: $533,600
  • Median Salary: $53,300
  • Annual Tuition: $15,300
  • Median Debt: $12,412

Excelsior College offers two fully online degrees in business: a Bachelor of Professional Studies (BPS) in Business Management and a Bachelor of Science (BS) in Business. The BS degree is accredited by the International Accreditation Council for Business Education (IACBE) and has concentrations in finance, general accounting, general business, logistics management, human resources,... and marketing. Both programs are 120 credits and cover topics in management, communication, leadership, marketing, business strategy, and ethics. Students can study part-time or full-time. Courses run in accelerated 8-week formats.

Online coursework is asynchronous and hosted on the Canvas learning platform. Students can interact with faculty and classmates via discussion boards. Both Excelsior degrees allow students to transfer up to 113 credits into the program. Credit is awarded for military training, college-level exams, and education programs and courses. Excelsior offers payment plans, tuition discounts to students employed by partner organizations, reduced rates for military and veteran students, and scholarships.

Applicants must submit an online application and other required materials to apply. Online students have access to the online writing lab, technical support, and tutoring services.

Cost per Credit: $510
School Type: Non-Profit
Accreditation: MSCHE
Undergrad Online Enrollment: 27,207

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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