Homeonline collegesbusiness degree Online Business Degree To help you enhance your career, many online colleges offer business degrees. Business professionals typically work in finance, marketing, HR and as self starters. So, having a business degree may prove to be a versatile credential. Whether you may want to start your own company, pursue a promotion, or break into a new field. An online business degree typically exposes you to the staple disciplines of business. Like accounting, finance, management, and marketing. Then tends to help you apply these skills to work with teams, manage projects, and make decisions. One may find online business degrees at all levels. Bachelors, masters and PhDs. At each level, you may learn techniques that refine your ability to solve problems. Things like how to analyze data, execute contracts and assess risk vs reward. At the bachelors level, a business degree is basic but broad. It often grounds you in theory while it also helps you to gain key skills. As a grad, you may be able to think, speak, analyze and write about organizational issues. Masters in business programs delve deeper. They often help you learn how to start up a new venture, run a business and stay competitive. As there are many niche areas, you could look for either a general program. Or, one that builds certain expertise. PhD in business programs tend to prepare you with quality research and analytical skills. With this upper level credential, many may pursue careers as scholars, professors, researchers and senior business leaders. Bachelor’s in Business An online bachelors in business degree is entry level. It tends to cover all the key domains in business as well as how to lead, communicate and make decisions. Many online schools award either a bachelor of arts (BA) or bachelor of science (BS) in business. A BA tends to cover more liberal arts and soft skills. While a BS tends to be more technical so it may stress analytics, math and info tech. The average program typically covers core topics and may allow you to deepen studies into one area. Core areas may include micro and macro economics. Plus areas in finance, marketing, accounting and strategy. Along the way, you may study how to create effective business strategies. And, ways to achieve measurable results for your employer. You may also learn how to read corporate reports, work in teams and on real world projects. In all, you may have about 120 credits to complete. As a full time student, you may need four years to graduate. But if you transfer credits from an associate degree, you may cut this time down. To get into a bachelors in business program, you may need a high school diploma or GED. Some online colleges also set an approved GPA range. And while many are test optional, some ask for ACT or SAT scores along with transcripts. That said, standards do vary. Another factor is cost. According to DataUSA, it costs an average of $6,670 per year at public schools. Or, $29,736 for private ones outside your state. Master’s in Business An online master of science in business is a grad degree. And many people who pursue a business grad degree may typically want to prep for an executive position. That said, some MS business programs likely aim to bring non business majors ‘up to speed’. In these, you tend to study the basics as well as leadership. So this type of program may appeal to people from other areas (E.g. health care) who want to refine strategic skills. But there are many others that may bring one area of business into deeper focus. As such you may see MS in business analytics, management, finance and so on. These programs often gear to the career goals of experienced business pros, who want to step into a corporate role. Any MS is going to differ from the MBA (Master of Business Administration). MS programs are by nature, technical. While the MBA tends to cover a wide range of manager topics, plus any anchor area you tack on. In any of these programs, many course plans may entail 30 to 36 credits. If you study full time, you may need one to two years to finish. To enroll in a MS in business program, you usually need to have a bachelors degree. Some programs may need prior courses or a certain major too. Apart from official transcripts, there may be needs about GPA, GRE or GMAT scores. And some online schools may want references, a current resume and a goals essay. Another factor among schools is tuition. According to the NCES, the average cost of a grad degree at a public school for the academic year 2016 to 2017 is $11,617. As such, some may be more expensive, and others may be more affordable. PhD in Business An online PhD in business is the highest degree in business. A research degree by nature, it may prep you to pursue a career in teaching, R&D, and C-suite leadership. Many PhD programs typically entail from 43 credits up and usually take at least three years to complete if you have a masters degree. Many may also feature study plans that aim to be both broad and deep. Broad because you tend to study major functional areas that are essential to business success. Things like business ethics, global business, and strategic management. And deep because you also choose an anchor point for your dissertation. The dissertation is typically central to a PhD. It shows you may be able to fuse what you learn and may be able to add something new to the field. As business is such a vast topic, many online colleges steer a PhD focus within a specific area. Executive leadership, finance, human resources and others. On top of courses, many programs feature a practicum. This might be in research or teaching and may involve built in visits to campus. So, while you might access classes online, you may have some in person visits too. When you are ready to apply, many online schools look for applicants with a masters degree. You may also need to meet standards for grades, send references, a resume and writing sample. What could I pursue with an Online Business Degree? A business degree may be a entry point to a wide range of current and new fields. Business skills apply to many industries and sectors. From admin, accounting and finance. To marketing, management and human resources. As business needs evolve with the times, there may be jobs for all levels of education. In many business and financial fields, one typically needs a bachelors for entry level roles. Apart from having a bachelor’s degree, many corporate managers may have a master’s or higher degree. Business execs may also need certain skills in the field in which they work. 1. Accountant An accountant prepares tax returns and keeps all financial documents in order. Beyond these key skills, their expertise could help boost revenue and improve profits. Many accountants begin their career with a bachelors degree. But those who have a Certified Public Accountant (CPA) credential may improve their prospects. And some employers may prefer to hire accountants with a masters degree or MBA. 2. Management Consultant A management consultant typically works with businesses to improve their efficiency. To do this, they take generally a close look at revenue, costs and staff reports. Then, discuss ways to make changes that could cut expenses and boost revenue. Consultants may enter the workforce with a bachelors degree. But some employers may prefer to hire MBA grads. Either way, it may be helpful to also have a Certified Management Consultant (CMC) credential. 3. Social Media Manager As a social media manager, you typically set the tone for brands and campaigns. So your job is to engage people with a client’s products, services or mission. Apart from promotional skills, social media managers may tend to need a bachelors degree. 4. Financial Analyst A financial analyst typically helps businesses and individuals make investment decisions. So many work in banks, with pension funds, mutual funds, securities and insurance firms. Having financial skills may be a key to any start up or to guide growth and prosperity. Yet it is a competitive industry. So having certifications and a grad degree may improve your prospects. 5. Office Manager The duties of an office manager are to typically plan and oversee all the day to day activities that help a business run well. Things like mail delivery, safety issues, staff morale and org’al compliance. In any role (big or small), an office manager typically needs solid managerial and leadership skills. Beyond a “take charge attitude”, you may also tend to need a bachelors degree in business. 6. Budget Analyst As a budget analyst, your role is to typically advise a business how to spend (or not spend) its money. This takes a solid grasp of costs, benefits and compliance rules. Apart from accounting skills, many budget analysts have a bachelors degree. Those who work with gov’t budgets typically tend to also need a Certified Gov’t Financial Manager credential. 7. Fundraising Managers The main task of a fundraising manager is to typically secure donations. To do this, one needs to run events and campaigns, hire and train staff or volunteers. Beyond PR skills, many fundraisers start out with a bachelors degree. But for more complex roles, employers may prefer to hire masters prepared managers. 8. Business Professor A business professor usually teaches college students and may have their own research interests on the side. And while some may instruct several subjects, this may not always the case. To get to this stage in a career, one tends to need expertise, experience and a PhD. Is an Online Business Degree worth it? A business degree may provide versatile skills, opportunity and above average earning potential. Jobs in business and financial sectors are growing faster than average. Per the U.S. BLS, the more refined your skills in data analysis, the better. As businesses need workers who can forecast market trends, demand is high. Some analyst jobs predict an uptick of 11% more openings by 2029. That’s much faster than the norm which is only 4%. People who could help a business expand in global markets face good prospects too. Financial skills help with investments, accounting, budget decisions and beyond. Jobs in these areas expect potential growth too, above all if you could help a business manage its costs. Business Degree Jobs & Salary OccupationMedian Annual WageJobsAccountant$70,50090,700 Management Consultant $83,610118,300Social Media Manager $132,62021,800Financial Analyst$85,66020,300 Top States for Jobs as an Accountant State Jobs Annual Mean Wage CA 148,500 $83,910 TX 114,410 $79,360 NY 112,030 $98,650 FL 71,520 $72,630 IL 51,740 $77,640 Online Business Degree Courses Online business classes aim to help you understand today’s market. And, act as a key contributor, strategic thinker, and team leader. This means you tend to study key areas of business such as: Finance, marketing, accounting and other business practicesLegal, ethical and regulatory factors Business communication Management strategies Statistical analysis You may study many of these topics when you pursue a business degree online. But each level of degree is likely to do this in a different way. Below are some of the classes you may find at the bachelors, masters and PhD levels. Bachelor’s Degree Courses Classes in an online bachelors of business program aim to outline staple areas of business. Marketing, finance, management, law, economics and accounting. Many programs expose you to theory but may have a practical side too. So, you tend to study issues in the business world, and models to help solve them. Other classes may discuss areas like business law and communication. These classes may help you learn how to be an effective, professional team player. Many course plans also help you understand the decision process. For instance, how to use data to back up tactical plans. Here are a few samples of classes at the bachelor’s level: Statistics for Decision Making This business course aims to teach about statistics. It may include info about using sample data and evaluating it. Students may learn how to CREATE TABLE IF NOT EXISTSs and charts. They may also learn how to display business data. Often, these courses teach theory as well as applying this data to decision making. It may also include learning validating data. Business Communications This course may focus on the basics of communicating in a business. This may include descriptions of business documents. Students may learn how to communicate in various situations. They may also learn about how to choose messages to fit their audience. Some courses include teaching students to make message decisions with a focus on ethics. Principles of Accounting Many business students take an accounting course or two. An intro class may teach the basics of financial accounting for companies. This could include report creation and learning to read reports for decision making. Some aspects of financial planning may be a part of the class. Students may learn about economic conditions. Intro to Computer App Systems Students may learn about business computer systems. This may include learning word processing skills. Problem solving is also a common component. Students may learn to read and create spreadsheets. Many may learn about new tech and how to use it in a business environment. Presentation is often a part of this class. Graduate Degree Courses Classes in an online MS in business program aim to refine decision skills. As such, many course plans feature classes in business analytics and statistics. These tech topics tend to go hand in hand with business basics. Like accounting, economics, finance, management and marketing. As you study these areas, you may learn how they interact and impact the decision process. And along the way, you may gain soft skills. How to negotiate, for example, and manage projects and programs. Apart from core topics, keep in mind, some programs may allow for more focus. In these, the focus you select may add depth in that area. Classes in an online PhD in business program aim to nurture skills in three areas. Research, teaching and exec decision making. Research classes tend to cover statistics, analysis and research methods. These classes may train you to think systematically and rely on data. Teaching classes tend to put you on campus. You may have to deliver live lectures, grade papers and be accessible to students. Leadership classes may expose you to proven ways to be an effective, ethical, logical leader. Through them, you may learn how to set policy, optimize business output and create solid work teams. Here are a few samples of classes at the graduate level: Business Analytics Business analytics often pairs with data analysis. Students may learn how to use modern tools to gather data. They may also learn how to apply that data to various fields. Students may learn to use information to make decisions on a range of things. This may include expansion or a merger. Data discovery is another common part of this type of class. Managerial Accounting Students may learn about accounting info systems. They may also explore areas of law related to accounting. Topics may also include secured transactions and creditor handling. Some classes aim to teach negotiating methods. They may also discuss cost analysis and budgeting methods. They may touch on employment accounting matters. Some might also include property and insurance accounting methods. Digital Economy Some masters programs for business aim to teach digital economy. This program typically focuses on the aspects of modern business in an online world. This could include many business approaches to online business management. Students may cover areas of economic theories. They may also learn how to learn about and solve business programs as they relate to online efforts. Corporate Finance Masters students may need to learn about corporate finance. This could allow them to make better financial decisions. Many will use this in management programs. Students may learn about cash flow and business valuation. They may also learn about working capital and capital budgets. Students may learn to create a financial plan for companies to use. How long does it take to earn a Business Degree online? The time it takes to earn a business degree online typically varies. A typical BA or BS in business usually tends to take four years if you study full time. But if you transfer associate degree credits, you might need 18 to 24 months. Once you graduate, many MS in business degree programs typically take one to two years. And if you continue on to a PhD, it may take from three to eight. Naturally, you may need to factor in your course load and time to research. University Level of Degree # of Credits Required Starts Per Year Minimum Months to Complete University of Phoenix Bachelors 120 Multiple 48 Crown College Bachelors 125 3 48 Penn State World Campus Bachelors 120 3 48 University of Texas at San Antonio Masters N/A 2 12 Indiana University Masters 30 1 15 Western Governors University Masters 11 courses Multiple 18 Walden University PhD 64 QC Multiple 36 University of Charleston PhD 43 1 36 University of the Cumberlands PhD 66 1 36 15 Schools with an Online Business Degree We have ranked our top 15 schools based on the number of graduates from the program in 2019. Our process looks at 2019 data from the NCES. And, it may help you narrow your search down. University of Phoenix Crown College Penn State World Campus Concordia University Saint Paul Excelsior College University of Texas at San Antonio Indiana University Western Governors University St. Johns University Purdue University Global Walden University University of Charleston University of the Cumberlands Capella University Southern New Hampshire University FIND AN ONLINE BUSINESS DEGREE Here is a deeper look into the above online schools and the degree programs they offer. 1 University of Phoenix Bachelor of Science in Business Online UOPX offers an online Bachelor of Science in Business (BSB) program. It entails 120 credits and each course lasts 5 weeks. As a student in the program, you typically study business practices and managerial tactics. Other classes may touch on finance, marketing, accounting and analytics. To make the program more personal, you may also choose from one of 6 certificate options. Like financial planning or project management. Sample topics may include: Finance for business Org’al behavior for managers Micro / macro economics Tuition and Fees: Undergrad $9,552Grad $16,752Special rates available for military students. Avg Grants & Scholarship Aid:$3,809 Average Net Price:$14,908 2 Crown College Bachelor of Science in Business Online Crown College offers an online Bachelor of Science in Business. It typically entails 125 to 131 credits and takes a Christian worldview to business practices and processes. Apart from Bible focused classes, there are others that may help you build concrete skills. Among them may be accounting, economics, finance, management and marketing. Sample topics may include: Systemic theology I / II Business law Strategy and policy Tuition and Fees: Undergrad $26,970Grad $9,990Special rates available for military students. Average Net Price:$24,220 3 Penn State World Campus Bachelor of Science in Business Online Penn State offers an online Bachelor of Science in Business. It entails 120 credits and typically integrates a theory to practice approach. As such, it usually exposes you to a wide range of core topics while revving up your ability to problem solve. You could also emphasize a specific discipline in business through one of their 18 credit options. For instance, health services, or accounting. Sample topics may include: Contemporary skills for business prosPrep for career management Project management Tuition and Fees: Undergrad $13,988Grad $22,186Special rates available for military students. Avg Grants & Scholarship Aid:$3,648 Average Net Price:$21,678 4 Concordia University Saint Paul Bachelor of Arts in Business Online Concordia U offers an online Bachelor of Arts in Business. It typically entails 120 credits and explores the many facets of business decisions. As such, you typically study core business principles in marketing, finance, management, law, economics and accounting. To do this, you may also look at case studies, global points of view, environmental sustainability and ethics. Sample topics may include: Org’al behavior Business basics and entrepreneurship Applied accounting and finance Tuition and Fees: Undergrad $22,800Grad $8,550Special rates available for military students. Avg Grants & Scholarship Aid:$8,794 Average Net Price:$18,591 5 Excelsior College Bachelor of Science in Business Online Excelsior offers an online Bachelor of Science in Business. It entails 120 credits and typically covers a broad set of courses. Things like global business, data analysis, economics, finance, leadership and management. You may also learn how to read corporate reports, write a marketing plan and collaborate. Apart from all the core elements, you tend to choose a 15 credit concentration. Like finance or general accounting each of which goes over a few targeted subjects. Sample topics may include: Intro to business lawManagerial accounting Business communication Tuition and Fees: Undergrad N/AGrad N/ASpecial rates available for military students. Avg Grants & Scholarship Aid:$2,986 Average Net Price:N/A 6 University of Texas at San Antonio Master of Science in Business Online UTSA offers an online Master of Science in Business. It is a full time, one year cohort program for recent college grads from non business majors. As such, the program covers both basic business knowledge and focused career coaching. To do this, you may expect to study accounting, economics, finance, management and marketing. Sample topics may include: Financial management Effective negotiating Marketing management Tuition and Fees: Undergrad $20,263Grad $25,283Special rates available for military students. Avg Grants & Scholarship Aid:$7,808 Average Net Price:$13,064 7 Indiana University Master of Science in Business Analytics Online Indiana U offers an online Master of Business Analytics. It entails 30 credits and typically takes from 15 months to three years. As the main focus is analytics, you may study ways to use data to drive decisions. You may also learn ways to think strategically as a manager and also, problem solve. Sample topics may include: Data warehousing Strategic marketing management Quantitative analysis Tuition and Fees: Undergrad $36,512Grad $33,304Special rates available for military students. Avg Grants & Scholarship Aid:$10,960 Average Net Price:$11,931 8 Western Governors University Master of Science in Leadership and Management Online WGU offers an online Master of Science in Leadership and Management. It entails 11 classes which you typically take one at a time. So, depending on your course load, may need from 15 months to three years to finish. Classes in the program all gear to the career goals of experienced business professionals. So, if you are ready to pursue an executive level leadership position, this is the main focus. Sample topics may include: Data driven decision making Leading teams Business acumen Tuition and Fees: Undergrad $6,670Grad $7,790Special rates available for military students. Avg Grants & Scholarship Aid:$2,635 Average Net Price:N/A 9 St. John’s University Master of Science in Entrepreneurship and Innovation Online St. John’s University typically offers an online Master of Science in Entrepreneurship and Innovation. It entails 30 credits and is for people who may want to start their own business, may be in a family led business or may want to grow a current venture. Set up in four parts, the program tends to covers key areas within business and professional studies. And there are annual Business Plan and Elevator Pitch competitions to keep you motivated. You could have the flexibility to choose electives to tailor your studies. Sample topics may include: Invention, innovation and lab to market Creating an e commerce business Strategic management Tuition and Fees: Undergrad $31,010Grad N/ASpecial rates available for military students. Avg Grants & Scholarship Aid:N/A Accredited:N/A 10 Purdue University Global Master of Science in Leadership and Management Online Purdue offers an online Master of Science in Leadership and Management. It typically entails 56 quarter credits and six week terms. A main goal of the program is to help you hone skills as a leader in the fast paced business world. But you may also have the opportunity to tack on a concentration and there are 6 options. Health care management, human resources, IT, leadership, org’al design and project management. If you choose human resources, the courses likely align with SHRM guidelines Globalization and policy Marketing management IT and statistics Tuition and Fees: Undergrad $14,358Grad $10,580Special rates available for military students. Avg Grants & Scholarship Aid:$4,464 Average Net Price:N/A 11 Walden University PhD in Management Online Walden offers an online PhD in Management. It typically entails 64 – 120 quarter credits (depending on your prior level of education). In the basic program, you may hone research and critical thinking skills. All while you focus on key management topics. That said, unless you prefer to design your own program, there are usually many concentrations available. You could learn about socially conscious leadership, design thinking, big data management or delve into another area. Sample topics may include: Org’al perspectives Decision making and judgement Complexity and systems thinking dynamics Tuition and Fees: Undergrad $12,150Grad $12,539Special rates available for military students. Avg Grants & Scholarship Aid:$3,885 Average Net Price:$21,276 12 University of Charleston Doctor of Executive Leadership Online UC offers an online Doctor of Executive Leadership. It entails 43 credits and typically about three years. A goal of the program is for you to learn how to maximize your value as an executive leader. So, it may help you learn how to fuse theory with practice and extend these skills to many industries and sectors. While doing so, it frames the qualities and ethics that innovative leaders need. For instance, ways to build effective teams and use resources wisely. Sample topics may include: Leadership development Org’al dynamics Executive decision making Tuition and Fees: Undergrad $31,400Grad $16,984Special rates available for military students. Avg Grants & Scholarship Aid:$18,580 Average Net Price:$13,643 13 University of the Cumberlands Executive PhD in Business Online U Cumberlands offers an online Executive PhD in Business degree. It typically entails 66 credits delivered in an executive program format. The program typically aims to build on your experience and education and help prep you to pursue a C suite or senior executive role. So, in core classes, you may study strategy, decision making and innovation. Sample topics may include: Advanced research methods Corporate finance Strategic marketing Tuition and Fees: Undergrad $9,875Grad $5,970 Avg Grants & Scholarship Aid:$15,130 Average Net Price:$17,588 14 Capella University PhD in Business Management Online Capella offers an online PhD in General Business Management. It typically entails 70 quarter credits and there are a few residencies built in. The program usually looks at business theory, research and practice through 17 classes. These generally cover business systems, leadership, financial management, accounting, economics, strategy, and social responsibility. Sample topics may include: Strategic management and practice Survey of applied research methods Ethics and leadership in global contexts Tuition and Fees: Undergrad $14,540Grad $15,233Special rates available for military students. Avg Grants & Scholarship Aid:$5,051 Average Net Price:$13,387 15 Southern New Hampshire University PhD in International Business Low Residency SNHU offers a low residency PhD in International Business. It entails 46 credits and you typically enter with a cohort of peers. The program aims to refine your expertise in theory and thinking and is research oriented. Some of the topics you study are in finance and economics. While others cover global business strategy and research methods. Sample topics may include: Multinational marketing Foreign direct investment Theories of globalization Tuition and Fees: Undergrad $31,136Grad $18,810Special rates available for military students. Avg Grants & Scholarship Aid:$3,888 Average Net Price:$39,071 *Unemployment Earnings. Sources for school stats and data include the NCES and IPEDS.