Online Business Administration Degree: An Overview
Business administration is a multidisciplinary academic field that prepares students for management positions in companies, non-profit organizations and government agencies.The business has been the most famous scholar since the early 1980s, according to the National Center for Statistics education; 346,706 undergraduate degrees in business were awarded from 2005 to 2015. In addition to their popularity, business degrees are also seen as very practical by most employers. Forbes placed the fourth business administration and management on the list of top Degrees to be hired in 2016.
During the four-year program, business administration students gain essential knowledge, skills and insights that are valued in almost every career field. Excellent salary potential is another reason why business administration bachelor degrees are so popular. College graduates with a bachelor's degree in business make around $ 2.6 million during a career, around $ 200,000 more than the average for all workers with a bachelor's degree, according to data from the US Census Bureau.
In recent years, business administration has also become a popular choice for undergraduate online students. A 2016 survey from The Learning House found that Business majors represented 26 per cent of undergraduate online students, 10 points higher than the second-ranked main field, health and medicine.
Many colleges and universities allow students to get online business degrees to focus their studies in fields such as accounting, human resources and marketing. Online business degrees are also a suitable alternative for students with work, childcare assignments and other responsibilities that might interfere with attending classes on campus.
How long does it take to get an online bachelor's degree in business administration?
The length of the online business administration degree varies by institution, but most options are 120 for 124 credits for semester-based programs and 180 credits for quarter-based programs. These two pathways can usually be completed after four years of full study time.Also, several accelerated programs allow students who meet specific criteria to get their business degree online in just 18 months.
What is the cost of online business management degree?
The overall cost of an online business management degree program may depend on the student's home address because citizens usually pay lower fees than nonresidents. Residents should expect to pay between $ 15,000 and $ 30,000 for their four-year program, while nonresidents will pay around $ 60,000 to $ 85,000 to hold their business online.Some schools offer flat tuition rates for all students, regardless of their residency status; These choices usually range from $ 40,000 to $ 60,000, making them a good bargain for nonresidents but an expensive alternative for residents.
Requirements for receiving an online business degree
Because a bachelor's degree is considered a minimum educational requirement for most business management careers, background work experience is usually not required from applicants. SAT / ACT scores are often - but not always - needed; Minimum grades vary from school to school.Choose an accredited online business administration degree program
The status of accreditation is one of the most important considerations for prospective students. Colleges and Universities in the US receive certification from institutions recognized by the US Department of Education; The accreditation process involves an extensive review of school education programs and student services.A school impacts the accreditation of transferability credit programs, as well as the eligibility of students for federal financial assistance, so students must ensure schools offering online business degrees have obtained National or Regional Accreditation.
Online course
The online business degree program follows a broad curriculum that combines various fields of management and administration. Students take courses in business law and ethics, accounting and finance, marketing, Office Administration and human resources, as well as economics, philosophy, social sciences and mathematics. Also, the virtual learning environment prepares students for globally connected business markets found in the corporate sector today.A large number of online business management degrees culminate in a peak experience, which can take the form of a research project, a comprehensive portfolio or an internship course; Capstone's experience format often depends on sure central students and concentration/minor.