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Business Degrees

Over 20 percent of undergraduates in U.S. colleges and universities are business majors -- nearly twice the second most common major (social sciences and history). This has held steady for 30 years now. But what, exactly, can a business degree can do for students once they graduate from college? Is a business degree recommended for those looking for career opportunities outside the traditional business environment? What about online business degrees -- recommended, or not? Just what is a business degree, anyway?

Business

What is a business degree?

In 2009-10, approximately 1,650,000 bachelor's degrees were awarded. The largest number, 358,000, were awarded in business, according to the National Center for Education Statistics (NCES). Business degrees are available at all postsecondary academic levels:

  • Associate degree: A 2-year program that provides liberal arts and business course work to prepare graduates for some entry-level business management positions
  • Bachelor's degree: A 4-year program that provides more advanced business course work, usually in a concentration such as entrepreneurship, finance, human resources, information technology, marketing, accounting and risk management.
  • Master's degree: Master's degree programs, which can take from 1 to 3 years to complete, generally fall into two categories, a Master of Business Administration (MBA) or a master's degree in a specific business area such as economics, statistics, taxation, organizational behavior, actuarial science and more.
  • Doctoral degree: Doctoral degrees, which can take from 4 to 5 years to complete, include a Doctor of Business Administration or a Doctor of Philosophy in business. Most graduates either pursue research in the field of business or teaching careers in postsecondary academia.

What is the most common business degree?

According to the NCES, the most common business degree is a bachelor's degree, although the business degree that gets the most press coverage is usually the MBA.

What are the advantages of earning a business degree?

According to the U.S. Department of Labor, many business careers are projected to have significant growth potential between 2010 and 2020. Most also generally require a bachelor's degree for entry-level positions, with a master's degree preferred for those wishing to attain upper-management positions, according to the Bureau of Labor Statistics.

What are the advantages of earning a business degree online?

In addition to learning important business skills such as time management and meeting deadlines, students may discover a number of other very real advantages to studying online:

  • Convenience: No more driving to campus, looking for a parking space and spending the better part of the day in a lecture hall.
  • Flexibility: Students can study whenever they want, wherever they are. They can continue to work and avoid disrupting life with their families and friends.
  • Accessibility: Easy access to teachers and other students in distant locations is achievable online.
  • Technology: Computers and the Internet have become the lifeblood of almost every business.

What are the disadvantages of earning a business degree online?

There may be some disadvantages to studying business online:

  • College experience: Attending college is about more than just earning a degree -- it is also about socialization, memories that can last a lifetime, and enduring friendships.
  • Networking opportunities: Particularly in the business world, who you know may be an important career advantage, and those studying solely online may be at a disadvantage in this area.
  • Personality conflict: Online students need focus and self-motivation. Those who are easily distracted or who procrastinate may not flourish in the online environment.
  • Degree unavailable online: Some top business programs only offer full-time residential programs.
  • Bias: Even though many top colleges and universities now offer online business degree programs, some companies still cling to the belief that on-campus degrees are better than those earned online.

What can you do with a business degree outside of business?

Almost all careers, whether in the arts, education or medicine, have a business component. According to articles in The Wall Street Journal and The Chronicle of Higher Education, job recruiters are looking for candidates who are innovative thinkers. Some recruiters are snubbing business graduates because they see business curricula as narrowly focused and lacking in the liberal arts background that they associate with critical thinking and problem-solving skills. Consequently, many colleges and universities nationwide are diversifying their business curricula to add more exposure to the liberal arts.

Pursuing a business degree and taking the liberal arts electives that recruiters say provide a broader perspective and skill set could take today's business graduate in any number of career directions in almost any career discipline.


Business Colleges

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            5 Program(s) Found
            • Average class size is 25, allowing for more one-on-one time with instructors.
            • Has a 97% employment rate among available graduates.
            • All  graduates receive Lifetime Employment  Assistance—free and forever.
            • Michigan's largest independent college.
            • Most instructors are working professionals in the fields they teach.
            • Programs are continuously updated to ensure classes are career-relevant and in sync with what's needed in the industry
            Good for Working Adults
            • Accredited
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            • Has students attend one four-week class at a time and take their final exam before moving on to their next class.
            • Offers 24/7 online tech support, with a typical response time of 4 hours or less.
            • Has online help centers that offer assistance with writing, statistics, medical assisting, and more.
            • Provides job placement assistance to all its students and alumni.
            • Researches trends for growing fields to tailor a more effective curriculum.
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            • Accredited
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            • Ranked among the Best Online Bachelor’s Programs by U.S. News and World Report in 2015.
            • Founded in 1890, it has a campus in Waterbury, CT and offers online degree program in eight-week modules, six times a year.
            • About 800 students are enrolled at the main campus, and about half of them commute.
            • Online courses help make it possible for students to earn a bachelor’s degree in as little as 24 months and a master’s degree in 12-18 months.
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            • Online Courses
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            • An online education institution dedicated to the study of Business Administration and Management.
            • Provides guidance and support for each student from their first course to graduation and beyond through its Academic Mentoring program.
            • Accepts transfer credits from accredited colleges and universities based on a course-by-course evaluation.
            • Offers flexible payment plans designed to help students find the best options for their specific needs including scholarships, fellowships, and employer-sponsored tuition.
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            • Offers several scholarship opportunities for students who qualify.
            • Laptop computers are issued to each student at the beginning of their program.
            • Provides programs in health care, business, information technology, and graphic arts.
            • Respiratory Therapy program is accredited by the Commission on Accreditation for Respiratory Care (CoARC).
            • Accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC).

            Our family of non-profit colleges admits students of any race, color, and national or ethnic origin.

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            •        Ranked among the top 20 Regional Universities in the West in 2015 by U.S. News & World Report.

            •        Listed as one of America’s Best Colleges by Forbes Magazine in 2014.

            •        More than 97% of tenure-track faculty holds a terminal degree in their field.

            •        Student to faculty ratio of 15:1, and 47.5% of classes have fewer than 20 students.

            •        Accredited by The Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).

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            Argosy University , Online (campus option available)
            • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
            • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
            • Offers several flexible learning options, including a blended format that combines campus and online learning.
            • Several scholarship opportunities are available for students who qualify.
            • Features a competency-based MBA program that allows students to test out of subjects based on prior professional experience.
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            • Ranked among top Regional Universities in the South by U.S. News and World Report in 2015.
            • Ranked 37th among the Best Colleges for Veterans by U.S. News and World Report in 2015.
            • Stands as the largest private, nonprofit university in the nation with 100,000+ students.
            • Offers over 230 programs online, from the certificate to the doctoral level.
            • Has a student-faculty ratio of 25:1, and 42.3% of its classes have fewer than 20 students.
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            • Offers career placement assistance services to recent graduates.
            • Approved to accept international students who wish to study in the United States.
            • Programs include Medical Office Specialist, Medical Assistant, Dental Lab Technician, and Healthcare Administration.
            • Accredited by the Accrediting Bureau of Health Education Schools (ABHES).
            • Main campus is located in Van Nuys, California, north of Los Angeles.
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            • Ranked among the Best National Universities in 2015 by the U.S. News & World Report.
            • The student-faculty ratio is 12:1, with an average class size of 15.
            • The average freshman retention rate, an indicator of student satisfaction, is 83.8%.
            • 90% of faculty hold Ph.D or terminal degrees in their field.
            • Offers more than 75 degrees at the undergraduate, masters and doctoral levels to students from 49 states and 28 countries.
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            Good for Working Adults
            • Accredited
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            • Financial Aid
            • Transferable Credits