Online Business Administration Degrees and Careers

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Business is the most popular choice for undergraduates.

Earning Your Business Administration Degree Online

Compared to all other fields of study, business is the most popular choice for undergraduates. In 2013-14, 80% more undergraduate business degrees were awarded than in any other field of study. In regards to online study, business administration is even more popular, with upwards of 34% of online students choosing an business administration online degree, more than twice as many as the next most popular field. As the popularity of online learning grows, so too does the effectiveness of online delivery. Accredited educational institutions promise students the same quality degree online as they do on-campus, with the added benefit of flexible online study. An online business administration degree is usually offered with asynchronous class schedules, meaning students can study whenever they want and less travel to and from campus is required. While some schools do offer a business administration online degree with scheduled classes, meetings, and/or on-campus requirements, these are usually held during nights and weekends and are kept to a minimum for maximum convenience.

The Best Online Business Administration Programs

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1

Mount Mercy University

14 to 1 45% 81% 56% 33% 74% 4.3%

Mount Mercy University is regarded as one of the top private universities in Iowa. MMU not only boasts one of the lowest tuition rates among four-year institutions in the region, but also offers a number of accredited distance education options, including a fully online bachelor of business administration. The online business degree prepares students for entry-level employment or graduate school through synthesizing theoretical knowledge with hands-on experience.

MMU’s online bachelor’s degree in business consists of at least 123 credits in general education, major, and elective coursework. Student takes classes in fundamental business topics like international marketing, organizational behavior, and employment law and labor relations. Online classes are presented asynchronously and usually last 10 weeks, though students may opt to take certain courses in an accelerated five-week format. Though students are not required to log into their class at any set times, they are expected to contribute to discussion through forums and group presentations.

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1330 Elmhurst Dr NE
Cedar Rapids, IA 52402-4797
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2

Wisconsin Lutheran College

12 to 1 41% 70% 64% 37% 77% 4.2%

Located in the vibrant city of Milwaukee, Wisconsin Lutheran College enrolls 1,200 students annually in its traditional and distance education programs. The school offers an online bachelor of science in business management and leadership catered to adult learners who want to accelerate their career by learning from experts in the field. Students engage with their peers through collaborative assignments. Major coursework includes human resources management, leading organizational change, and business diversity.

This online business degree is offered in an accelerated format, enabling students to earn their diploma in as few as 21 months if they have the necessary general education and prerequisite requirements. Distance learners also gain access to professional development tools through the Student Success Center. Each student gets a personal academic advisor. Additionally, WLU offers a flat and affordable online tuition rate for the 48 credit hours it takes to complete major requirements.

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8800 W Bluemound Rd
Milwaukee, WI 53226-4699
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3

Asbury University

12 to 1 64% 81% 68% 33% 70% 5.9%

Asbury University provides accessible higher education to working students through its full-accredited weekend and distance education pathways. The school offers an online bachelor of science in organizational management for students interested in pursuing a business leadership role. This 124-credit program prepares graduates for management positions in such fields as supply chain and information technology. Students complete major courses in personal finance, principles of marketing, and economics. The degree plan also contains 46 elective hours, enabling distance learners to pursue advanced business topics or complete a minor concentration.

With several entry dates throughout the year and classes structured in eight-week formats, students can start their degree and finish it quickly. Asbury provides a flat tuition rate for all online learners and offers financial assistance, including scholarships and discounts for military personnel. Additionally, the school allows students to transfer up to 75 credits from prior college-level work.

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1 Macklem Dr
Wilmore, KY 40390-1198
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4

Geneva College

13 to 1 51% 84% 71% 28% 92% 5.6%

Located just 35 miles northwest of Pittsburgh in Beaver Falls, Pennsylvania, Geneva College enrolls 1,700 students annually and boasts an average class size of 17. The school’s online bachelor of professional studies in management consists of 36 credits of major coursework in topics like marketing, quantitative business analysis, and principles of management and supervision. Through a curriculum grounded in practical skills development and knowledge of best business practices, students prepare for leadership roles as hospitality managers, real estate brokers, and account executives.

Geneva’s online business degree program requires at least 120 credits to complete. The school has a flexible transfer policy, and with the right amount of prior credits, students can graduate in as little as 16 months. Distance learners also have access to Geneva’s financial aid, including loans, scholarships, military discounts, and employer reimbursement.

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3200 College Ave
Beaver Falls, PA 15010-3599
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5

King University

11 to 1 43% 76% 56% 35% 69% 7.6%

King University offers degree completion tracks for distance learning students who have completed prior college work and want to earn their diploma in as little as 16 months. Consisting of 48 semester hours of major coursework, the online bachelor of business administration focuses on developing the critical thinking and cooperative decision-making skills students will need to obtain leadership positions in the field. In addition to general education and prerequisite classes, students must complete major classes in areas such as corporate finance, information systems, and statistics and business research methods. They must also successfully pass a comprehensive assessment during their final semester.

Students enjoy one of the lowest per-credit tuition rates of any business administration degree online program. Students may transfer up to 76 credits to further lower the cost of their degree. Courses are offered year-round, allowing students to enter the program at their convenience.

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1350 King College Rd
Bristol, TN 37620-2699
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6

LeTourneau University

14 to 1 42% 83% 49% 42% 57% 7.5%

LeTourneau University is a leader in distance education. The school provides 90 academic programs to over 2,700 students annually, including an online bachelor of business administration degree. Whether a student’s goal is to obtain a job upon graduation or pursue graduate degree work, LeTourneau’s BBA prepares them through a curriculum that combines general leadership skills with specific major topics. Classes include business ethics and strategic management. Additionally, the university assists online students with internship support and opportunities to join professional organizations like the Sigma Beta Delta, the national business honor society.

LeTourneau stands out among other online business degree programs because it offers two concentration options for BBA students. The first is a generalist track, ideal for students who are unsure of their career goals but want to get a well-rounded education. The second option enables online learners to specialize in human resource management, taking coursework in advanced areas like staffing, employment law, and compensation and benefits.

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2100 S Mobberly Ave
Longview, TX 75602
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7

The Sage Colleges

12 to 1 41% 81% 54% 22% 81% 6.3%

Sage College was founded in 1916 as a school committed to helping women become active, equal members of society. Today, The Sage Colleges continue the tradition of empowering students by providing a variety of accessible academic programs, including an online bachelor of business administration. Professionally accredited by the International Assembly for Collegiate Business Education, this BBA degree trains students to communicate effectively and make decisions responsibility.

Major coursework for this business administration degree online program includes topics like management information systems, business law, and applied statistics. Students must also take 12 hours of guided electives or use these credits to complete either an organizational studies or marketing concentration. Additionally, to give students the most comprehensive education available, an internship and a capstone seminar in the major are also part of the degree requirements. TSC offers an affordable tuition rate for all online students regardless of where they reside.

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65 1st Street
Troy, NY 12180
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8

University of Florida

21 to 1 64% 96% 45% 49% 32% 3.5%

Located in Gainesville, the University of Florida offers a large number of degree programs through its online learning platform, including a bachelor of science (BSBA) and a bachelor of arts (BABA) in business administration. Both degree paths teach students fundamental skills such as applied statistics and strategic marketing, preparing them for such careers as budget analysts, fundraisers, and labor relations specialists. The BSBA, with its focus on advanced areas like entrepreneurship and real estate, is suited for students who want a more intensive business education. The BABA provides flexibility, enabling students to pair a core business education with another speciality field such as sports management or mass communications.

Though tuition for all online students is affordable overall, Florida residents enjoy a steeply discounted rate. Students may begin the program in fall, spring, or summer. Students transferring into this business degree online program should have at least 60 credits with a minimum 2.0 GPA if they want to be competitive.

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Gainesville, FL 32611
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9

Corban University

14 to 1 45% 77% 37% 21% 72% 3.8%

Recognized as one of the top private institutions of higher learning in Oregon, Corban University enrolls over 2,000 students worldwide through its distance education programs. Among these offerings is an online business degree program that is both comprehensive and flexible enough to prepare students for careers or graduate studies in a wide variety of fields. The 129-credit degree plan includes core classes in financial management and business law. Students then declare a concentration, choosing either marketing, accounting, or leadership and management. Additionally, learners can apply their remaining 23 elective hours towards advanced business seminars, a complimentary minor, or any other course at Corban.

Corban’s per-credit tuition rate is the same for all online students regardless of residency. Financial aid, including loans, grants, military benefits, and employer reimbursements, is available. Oregon residents get access to additional state-only scholarships.

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5000 Deer Park Dr SE
Salem, OR 97317-9392
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10

Houghton College

11 to 1 58% 87% 93% 32% 71% 3.9%

Houghton College offers both an online bachelor of science (BS) or bachelor of business administration (BBA) in management. Both degrees train students in core business practices such as strategic accounting, employee recruitment and training, and labor laws. The BS offers more flexibility in terms of degree planning, allowing students to pursue separate interests, while the BBA is structured and focused, ideal for professionals in a business field looking to advance their career.

Houghton’s online classes are asynchronous with no required log-in time. Additionally, students do not take standard tests, instead learning through applied methods. Courses are offered in eight-week terms and there are six start dates every year. Students with 63 transfer credits can earn their online business degree in just 18 months.

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1 Willard Ave
Houghton, NY 14744
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11

Eastern University

11 to 1 51% 78% 62% 33% 70% 7.8%

Located near Philadelphia, Pennsylvania, Eastern University serves over 3,500 students every year in its traditional and accelerated distance education programs. The online bachelor of science in business administration accepts new students every seven weeks and enables them to earn the degree entirely online or through a hybrid delivery method. The degree plan totals 121 credits and includes major courses in organizational behavior, research methods, and ethical principles of management. Students must complete a capstone project in organizational change, in which they conduct independent research and present their findings and proposed solutions.

Tuition for this business administration degree online program is priced at a flat per-credit rate for all students. Distance learners are eligible for financial aid, including institutional scholarships, partner grants, and military benefits. Eastern also provides academic services and professional resources, including personal advising, resume assistance, and networking opportunities, through its Office of Talent and Career Development.

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1300 Eagle Rd
Saint Davids, PA 19087-3696
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12

Mount Vernon Nazarene University

14 to 1 46% 82% 75% 40% 71% 6.5%

Mount Vernon Nazarene University offers a number of distance education programs through its School of Graduate and Professional Studies, including an online bachelor of business administration. This accessible degree allows students to maintain their professional and personal obligations while learning the financial and management skills necessary to become responsible leaders. Students can choose to earn a standalone BBA or complete a specialization in finance, human resource management, marketing, or general management.

Application requirements for MVNU’s business administration degree online program include an online form, all educational transcripts, and a GPA of at least 2.0. Prospective students must also have a minimum of 56 transferable credits from a regionally-accredited college or university. MVNU guarantees its tuition rate will not increase as long as students enroll in classes regularly.

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800 Martinsburg Rd
Mount Vernon, OH 43050-9500
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13

Baker University

10 to 1 39% 80% 69% 30% 73% 6.2%

Baker University was founded in 1858 as the first university in Kansas. Today, Baker enrolls over 3,200 students annually. Baker’s online bachelor of business administration in management consists of 42 major credits, with courses including business analytics, leveraging technology in decision making, and best practices in management and leadership. Students also take on coursework in their area of concentration, choosing from either human resources, finance, or healthcare administration.

All distance learners enjoy the same affordable tuition rates, priced per-credit based on the level of the class. Over 98% of Baker students receive financial aid in the form of scholarships and grants. The university also allows students to earn college credit from previous academic work, professional training, and life experience via assessment.

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618 Eighth Street
Baldwin City, KS 66006-0065
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14

Evangel University

14 to 1 31% 75% 64% 40% 94% 6.6%

Evangel University offers over 100 academic programs to 2,200 students every year, many of which are accessible to distance learners. The online bachelor of business administration in management teaches students to set business goals and then develop the strategies to successfully meet them. The major curriculum totals 70 credits and includes classes in business ethics, organizational design, and compensation and benefits. Students also learn critical thinking and effective communication skills. This degree prepares graduates for careers in such fields as event management, production design and logistics, and nonprofit administration.

To apply for this online business bachelor’s degree program, prospective students need to submit official SAT or ACT scores as well as their official academic transcripts with a minimum GPA of 2.0. The same low online tuition rate is available to all distance learners regardless of residency status.

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1111 N Glenstone
Springfield, MO 65802-2125
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15

Endicott College

13 to 1 68% 83% 73% 27% 63% 3.2%

Endicott College’s online bachelor of science in business management caters to working professionals through flexible scheduling and hands-on skills application that builds on previous experience. The 126-credit degree plan includes coursework in major areas like organizational behavior, applied research methods, business communications. Students may choose from a concentration in either homeland security or trauma studies. Additionally, degree candidates must complete a senior thesis that synthesizes all they’ve learned in the program. Seniors must either complete new research or propose solutions to pertinent challenges in the field.

Distance learners receive professional support including advising, resume building help, internship resources, and career development opportunities. Online tutoring and around-the-clock technical support are also available. Applicants to this online bachelor’s degree in business program need to submit a 500-word statement of career goals.

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376 Hale Street
Beverly, MA 01915
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16

Misericordia University

13 to 1 54% 80% 71% 30% 72% 5.9%

Misericordia University provides part-time and accelerated programs on its Denver, Colorado campus as well as online via the Jenzabar platform. Included in the distance education options is a bachelor of science in business administration. The online business degree allows students to greatly personalize their degree plan to align with future academic and career goals. Totalling 121 credits, students take classes in core topics such as international business, finance, and information systems before using the ample number of elective hours to pursue advanced studies.

The Misericordia online business degree emphasizes hands-on skill acquisition. Distance learners can receive a wealth of internship and professional development resources through the Insalaco Center for Career Development. Online classes are structured in 7½ week sessions and there are eight entry dates every year. Many part-time students earn their degree in a little over two years.

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301 Lake St
Dallas, PA 18612-1098
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17

Keiser University-Ft Lauderdale

12 to 1 44% 75% 48% 68% 69% 17.8%

Keiser University’s online bachelor of arts in business administration teaches students fundamental business concepts as well as modern topics such as international economics and the effects of globalization. The curriculum totals 120 credits, with core classes in financial management and entrepreneurship. Students also choose a concentration in management, international business, transportation and logistics, marketing, finance, or human resource management. Degree students must complete an integrated studies capstone course, a project-based seminar that consists of independent research and presentation of findings.

Courses for this online business degree program are asynchronous, enabling students to view course content and complete assignments with a great deal of flexibility. Keiser provides an affordable tuition rate for all distance learners regardless of where they live. Financial assistance is available, including awards like the Florida Resident Assistant Grant.

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1500 NW 49th St.
Fort Lauderdale, FL 33309
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18

Huntington University

12 to 1 50% 86% 97% 30% 73% 3.9%

Located in Indiana city, Huntington University boasts over 70 undergraduate academic programs, many of which can be accessed online, including a bachelor of science in business administration. Totaling 128 credits, this degree emphasizes the quantitative skills necessary to make effective decisions in the ever-changing business landscape in the U.S. and abroad. Major courses include such topics as operations management, organizational behavior, and public relations. Degree candidates must also complete a capstone project of original scholarly or professional work that addresses a real issue in the field. Additionally, students have 37 elective hours with which to pursue advanced studies in business or to complete a complimentary minor or double major.

To apply to this business administration degree online program, prospective students must submit an online application, a personal statement, and all relevant academic accreditation and test scores. Huntington provides an affordable tuition rate to distance learners, financial aid resources, and a generous transfer policy that allows students to gain college credit from work experience.

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2303 College Ave
Huntington, IN 46750
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19

North Greenville University

14 to 1 38% 77% 59% 54% 46% 6.2%

North Greenville University is a private liberal arts institution that services 2,500 students annually through its 50 campus and distance academic programs. The online bachelor of business administration in leadership and management teaches students skills in project management, team building, and motivation. Core requirements include classes in organizational behavior, applied leadership, and business and report writing. Additionally, students may elect to pursue a marketing minor. The NGU program emphasizes hands-on learning; students must complete 12 credit hours of internship as well as create a personal portfolio their senior year.

In addition to personal academic advising, NGU also offers resources such as career planning, counseling, and student advocacy. All online business degree students, regardless of where they reside, enjoy the same affordable per-credit tuition rate. Financial aid is available and includes loans, military discounts, and state grants.

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7801 N. Tigerville Road
Tigerville, SC 29688-1892
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20

Bethel University

12 to 1 62% 83% 95% 30% 66% 2.6%

Located in Saint Paul, Minnesota, Bethel University offers 35 online academic pathways, including a bachelor of science in business management. Designed for working professionals, this degree program consists of 51 credits in the major, including core classes like foundations of human resource management and corporate finance. Advanced coursework differs depending on whether a student chooses the general management or global business concentration. All degree candidates must complete a business capstone experience in which they propose a solution to pertinent client needs within an organization.

Most students earn their diploma in 16 to 21 months. Applicants must hold have at least 60 prior college credits in order to be eligible for Bethel’s online business degree program. Tuition is priced at the same per-credit rate for all distance learners.

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3900 Bethel Dr
Saint Paul, MN 55112
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21

The College of Saint Scholastica

14 to 1 57% 84% 66% 20% 68% 5.4%

The College of Saint Scholastica is an innovator in distance education, providing continuing education classes called Massive Open Online Courses (MOOCs) and fully online degree options. The 128-credit bachelor of arts in management prepares students for leadership roles through coursework in management ethics, information systems, and the principles of marketing. CSS offers a concentration in the rapidly growing field of healthcare management. Additionally, students may choose to take MOOCs (in ethical leadership, for example) free of charge to supplement their degree work.

The online business degree program at CSS is designed with flexibility in mind. Students may enroll in one or two classes a semester and still be eligible for program services and financial aid. Online courses are structured in accelerated eight-week sessions, enabling students to earn their degree in less than three years even with no transfer credits.

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1200 Kenwood Ave
Duluth, MN 55811-4199
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22

Rutgers University-Camden

11 to 1 32% 82% 60% 10% 72% 4%

Considered one of the top public institutions of higher education and research in the U.S., Rutgers University enrolls over 58,000 students annually in its campus and distance education degree programs. The 120-credit online bachelor of arts in business administration features core business classes in business communications and marketing principles as well as major courses in financial statement analysis and the management of multinational businesses. Degree candidates must complete a capstone project in business policy and strategy. The final project prepares students for entry-level positions or further education at the graduate level.

Students can enter this business administration degree online program at three points during the year. All distance learners have access to financial assistance. To enroll, applicants must have a at least 18 credits from previous college work with a 2.5 GPA minimum.

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406 Penn
Camden, NJ 08102
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23

Philadelphia University

13 to 1 44% 79% 63% 21% 72% 4.7%

Through its partnership with Thomas Jefferson University, Philadelphia University offers 14 fully-accredited distance education degree programs, including a bachelor of science in business management. The degree plan totals 120 hours and includes major courses in topics like operations management, economic decision making, and evaluating statistical data. One-third of the curriculum is dedicated to electives, which students may transfer in from prior college work or take at PU. Students must also complete a capstone seminar. The program prepares graduates for careers as sales managers, marketing research analysts, and business owners.

Online classes are offered in eight-week sessions and are asynchronous. Most students earn their online business degree in two to three years, depending on how many credits they transfer in and the rate at which they complete coursework. PU stands out as one of the few universities that has actually reduced its tuition rate over time.

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4201 Henry Avenue
Philadelphia, PA 19144-5497
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24

Webster University

13 to 1 47% 77% 72% 44% 65% 7.5%

Located in Saint Louis, Missouri, Webster University caters to working professionals and other nontraditional students through its distance education platform. The online bachelor of of arts in management focuses on strengthening the relationship between supervisors and employees within a business environment. The degree plan totals 128 credits and includes 39 hours of coursework in topics like business technologies, marketing, and descriptive statistics. Degree candidates must complete a senior capstone experience in managerial policies and strategies. The curriculum also includes a large number of elective hours which students can use to pursue a complimentary minor at Webster or fulfill with transfer credits.

Admission materials include relevant academic records and standardized test scores. Freshman applicants must also write a personal statement and provide at least one letter of recommendation.

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470 E Lockwood Ave.
Saint Louis, MO 63119-3194
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25

Hope International University

14 to 1 14% 81% 31% 53% 74% 9.2%

The online bachelor of arts in business administration at Hope International University builds on students’ prior education and experience. In addition to core classes in fundamental areas like international business and organizational ethics, students may also choose to complete a sport business management concentration. At least one internship experience is also required. Distance learners may coordinate with the university to complete an internship in their local community or over the summer through a designated HIU partner. The program prepares graduates for leadership positions in private businesses, nonprofits, and government organizations.

HIU supports its students through a number of services, including personal academic coaching, career development, and networking opportunities. Students can complete the online business degree in just three years.

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2500 E Nutwood Ave
Fullerton, CA 92831-3199
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Job Outlook for Business Administration Graduates

The business world draws from a range of educational disciplines. Within the field, approximately 30% of employees have an online business administration degree and 10% have a master’s degree in business. As with most careers, most business professionals have achieved some level of higher learning. The employment rate for new graduates of an online degree for business administration is about 90%, whereas it is only 82% for new high school graduates. The placement numbers jump to approximately 93% for new master’s degree graduates. This ideal combination of low unemployment rates and high accessibility and availability of business careers led the National Association of Colleges and Employers to place business graduates in the greatest demand by employers in the field.

In addition to placement rates, a candidate’s level of education affects the median entry-level salaries earned in the business profession. According to Payscale, business professionals with an online associate degree in business administration have a median entry-level salary of $34,000, while experienced professionals with more than 20 years’ experience and an associate degree earn approximately $54,000. The entry-level median salary for those with a business administration online degree is $46,000 and the experienced professional’s median salary is $80,000, a 48% increase from the associate degree salary. Finally, business professionals with a master’s degree see another significant increase, starting out with a median salary of $58,000 and growing to a salary of $113,000 with experience, a 41% increase over the online business administration degree at the bachelor level.

While placement rates are not dramatically different for the bachelor’s or master’s degrees, the job outlook for more specialized positions that typically require graduate degrees is better, in many cases. The growth for business operations specialists, for example, a career that typically requires a bachelor of science in business administration online, is projected at 7% through 2024, the same as the national average. Compare that to the more advanced careers that typically require graduate degrees, such as management analysts, which expect considerable growth at 14% through 2024, an expected increase of more than 100,000 jobs.

Types of Business Administration Careers

Management

Management careers fall into a number of different categories, but some of the best opportunities are in the fields of management consulting, top executive positions, and financial management. Since these professionals must be experts in their field, the positions usually require a combination of education and experience. While top executives create plans, strategies, and policies to allow companies to run more effectively and efficiently, consultants advise other managers and businesses on how to reach company goals. Financial managers optimize the financial health of their parent organization. The median salaries for these management positions are some of the highest in the business profession, averaging $81,000 for management analysts/consultants, $104,000 for top executives, and $122,000 for financial managers in 2016.

Finance

Due to the growing complexities of the field of finance, more individuals and companies require experienced professionals to help manage finances than ever before. For business students looking for a career in finance, some of the most promising opportunities are found in personal financial advising, financial analysis, and financial examination. These three occupations differ most in regards to the type of finance involved, as personal financial advisors work with individuals and their finances, financial analysts advise organizations on investment opportunities, and financial examiners often work for the government and overlook the compliance of financial institutions. In 2016, the median salary for personal finance advisors was $91,000, $82,000 for financial analysts, and $79,000 for financial examiners.

Marketing

Marketing is one of the most common areas for business graduates because it is such a broad field. Careers are in market research analysis, marketing management, and advertising management are among the most popular jobs for business graduates with marketing experience. Whereas market research analysts study market conditions to better understand how a product or service will fit, marketing managers use their knowledge of the market to gauge the demand for products and services, and advertising managers use their knowledge of the market to create interest in a product or service. The median salaries for these positions in 2016 were $63,000 for market research analysts and $128,000 for both advertising and marketing managers.

Entrepreneurship

The field of entrepreneurship can be limitless for a determined student. Self-employed professionals can use their business expertise to run their own business within a pre-existing industry, or simply create their own. Some of the most common business fields for self-employment are real estate, personal finance advising, and management consulting. Each of these fields require graduates to use their knowledge of both the general business landscape and the specific industry they’re working in (housing, finance, or management). The median salaries for these three professions in 2016 were $57,000 for real estate managers, $90,000 for personal finance advisors, and $81,000 for management consultants.

Supply Chain Management

Supply chain management is an exciting and challenging career that involves making very detailed decisions with a large amount of information. Those who work in supply chain management deal with every aspect of the product production cycle, from obtaining raw materials to delivering and shipping product to end users. They are responsible for cutting costs and evaluating optimizing current processes. Common careers in this field include supply chain analyst and supply chain manager. Both of these careers have median salaries greater than $50,000, making a supply chain management concentration a lucrative option for those pursuing online business degrees.

Information Systems

A business administration degree with a concentration in information systems is the intersection of business administration and technology. Ideal students for this concentration will be interested in analytics, technology, and business processes. Coursework includes traditional business curriculum, as well as specialized classes including statistics for business decisions and database management. People who work in information systems are usually responsible for network security, managing a company’s computer databases, and setting up intranet networks.

Types of Business Administration Degrees

The field of business is dominated by professionals with a business administration online degree, both at the bachelor and master level (less than 1% hold doctorates). While there are entry-level options for people with associate degrees and/or certificates, most employers request a bachelor’s degree as a minimum requirement.

Most business fields are much stricter in regards to minimum requirements. In securities and commodities, 54% of the field have bachelor’s degrees. Another 16% hold master’s degrees, earning a median salary that is 89% higher than those with a bachelor’s degree. The field of marketing is made up of 51% bachelor’s and 17% master’s degrees. In marketing, the median salary increases 38% between bachelor’s and master’s degrees. With such significant financial gains to be found through earning a master’s degree, both the options for online master’s degree programs and the number of professionals upgrading their education in the business world are rapidly increasing.

Degree Level Definition Possible Concentrations Median Annual Salary
Associate An associate degree in business is designed to allow graduates entry into the field of business or act as a gateway for higher education. Graduates commonly secure entry-level jobs in a variety of fields or continue their education in a bachelor’s degree program. Human resources, healthcare administration, bookkeeping $36,000-$59,000
Bachelor’s A bachelor’s degree in business is the most common, the most in-demand from employers, and the most flexible degree available. In addition to earning an understanding of the core business principles, students often have the choice to concentrate their learning in specific areas. Property management, finance, marketing, securities and commodities, operations management, project management $56,000-$104,000
Master’s A master’s degree in business allows students to explore specific areas of business in much more depth than a bachelor’s degree. The master’s degree opens the door to advanced jobs in areas of management and other technical fields within the business profession. Property management, financial management, marketing, securities and commodities $76,000-$170,000
Certifications Certifications typically fall into two categories: self-sufficient or supplementary. In some business fields, such as real estate and building inspection, certificates provide the required entry-level education for employment. In other areas, such as in management, certificates can supplement a bachelor’s or master’s degree (see the CMC), enhancing one’s credentials. Real Estate, appraisers, inspectors, certified management consultant (CMC) $52,000-$81,000

Business Administration Certifications and Licensing

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To work in any business field, formal college education or a combination of education and licensure is almost always required. Some of the most common licenses earned are in the fields of real estate and business management. In real estate, professionals are required to take an approved certification course and then pass both state and national exams. In business management, certifications range from basic business management principles, like the Certified Associate Business Manager (CABM) credential, to advanced certificates that supplement a bachelor’s or master’s online degree, such as the Certified Management Consultant (CMC) certification.

There are many other certifications available in the fields of finance, accounting, marketing, and human resources. Most certifications are intended to supplement a degree in business administration or one that is comparable. Business certificates are usually concentrated in one specific area in business, often delving into new policies or industry guidelines. In combination with a general understanding of business skills, certificates are powerful tools for honing specialization in an area of interest.

Business Administration Scholarships

For the average student, financial aid of some form is necessary to be able to afford higher learning. Whether provided by the government, schools, or organizations, scholarships are one of the most accessible options for students. Most scholarships have specific requirements that must be met for students to be eligible, including academic excellence, demonstrating financial need, and/or being enrolled in a specific program. Since business administration is such a popular and in-demand degree option, there are countless scholarships that cater to business students.

Across all fields and institutions, the average student is awarded approximately $9,740 in grants and scholarships, on average, according to the National Center for Education Statistics (NCES). To accommodate and encourage students to pursue certain in-demand fields, states are increasingly establishing funding opportunities for students in fields of finance, STEM, healthcare, and education. Since business administration covers such a range of fields, students have access to a number of scholarship opportunities, including specialized scholarships for accounting, human resources, and marketing majors. The following is a list of some of the field’s most sought-after scholarships:

CEO of Tomorrow Scholarship

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CEO of Tomorrow Scholarship is an annual award established to help the business leaders of tomorrow fund their education today. Eligible students are over 18 years of age, enrolled in a business program, and demonstrate a high level of academic achievement and on-campus leadership.

  • Amount: $2,500
  • Deadline: June
The Ritchie-Jennings Memorial Scholarship

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The Ritchie-Jennings Memorial scholarship is awarded to a student in a business-related program who is interested in a career in fraud examination. Applicants must be enrolled in a full-time, four-year business program, and are encouraged to meet with a Certified Fraud Examiner (CFE) to obtain a letter of recommendation.

  • Amount: $10,000, $5,000, $2,500, and $1,000
  • Deadline: January
Marc Beaumont Scholarship Fund

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Established in honor of the COO of Capcom North America and Europe, the Marc Beaumont Scholarship Fund is awarded annually to a business student pursuing a career in the business of interactive media and entertainment. A minimum GPA of 3.3 in a full-time business administration program or a related program is required.

  • Amount: $2,500
  • Deadline: July
Marketing Edge Scholarship

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The Marketing Edge Scholarship is awarded by Marketing EDGE to students who wish to pursue a career in marketing, specifically those interested in a career in direct marketing. Applicants must be enrolled at a four-year institution and studying business with a marketing concentration, or have completed at least two marketing programs. A minimum GPA of 3.0 is also required.

  • Amount: $1,000 – $7,000
  • Deadline: April
Miller Coors National Scholarship

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Established by the Adelante U.S. Education Leadership Fund, The Miller Coors National Scholarship is an annual award available to students of Hispanic descent in a number of business- and STEM-related fields. The 20 available awards are given to college juniors and seniors of Hispanic descent. Eligible majors vary, but most acceptable programs are in the field of business.

  • Amount: $3,000
  • Deadline: May 30
The Frank L. Greathouse Government scholarship

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The Frank L. Greathouse Government scholarship is awarded to students in an undergraduate or graduate program in accounting who wish to pursue a career in any level of government. High-level academic performance in an accounting-related field of study is required.

  • Amount: $5,000
  • Deadline: April
The Michele L. McDonald Memorial Scholarship

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The Michele L. McDonald Memorial scholarship is annually awarded to a female business student who is studying accounting. Applicants must have taken or be taking accounting courses to be eligible. Preference is given to female parents that are returning to college after raising children.

  • Amount: $1,000 – $2,000
  • Deadline: April
The Gates Millennium Scholars Program

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The Gates Millennium Scholars Program is an annual program that awards students of color who demonstrate high academic achievement and leadership qualities, as well as financial need. The award is available to students of color with a minimum GPA of 3.3.

  • Amount: Up to $2,000
  • Deadline: May
The Golden Key Undergraduate Achievement Scholarship

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The Golden Key Undergraduate Achievement Scholarship is an annual award available to Golden Key members who demonstrate academic excellence and represent the values of Golden Key. Available to Golden Key members with a minimum GPA of 3.5.

  • Amount: $5,000
  • Deadline: June 15

Professional Organizations

In the business field, joining a professional organization is beneficial for everyone, whether they’re students, new grads, or experienced professionals. At all levels, organization members have access to courses, resources, and networking opportunities. Students and new grads often find increased access to jobs, scholarships, and mentors, whereas industry professionals find benefits in discounted conference rates and updates on industry standards and policies.

Nearly every division within business has their own professional organizations. Some work primarily at the national level, while many have regional chapters. These professional organizations allow members to meet and socialize with other professionals in their specific field. The associations listed below are nationally recognized as the industry’s best, providing individual members with professional development opportunities and advancing their respective professions.

Business Administration Internships

The most popular internships and externships are almost always in the technology sector. Fortunately, many of these high-profile opportunities are available to business students, specifically those interested in marketing, finance, and operations. Some other popular options are in consulting, media, and energy industries, all of which have internship openings for business students as well, typically in the area of business development. The most popular internships pay well, look great on a resume, and offer plenty of opportunities for personal and professional growth, but these are also very competitive positions. Not all internships include all of these benefits, so it is important to know what to look for when searching.

When looking for an internship, students should have a solid understanding of what form their employment will take. The main advantage of an internship is almost always career development. Explore positions that have the chance to lead to employment or will look great on a resume. While large companies usually take on more internships and might increase the chances of employment upon completion, internships at smaller organizations often allow students to get more involved and explore several different areas of their major. Determine what will be the most beneficial outcome for you, and focus your search that way.

Below is a list of some of the most popular and effective places to look for business internships:

Open Courseware

The availability of open courseware has changed the landscape of learning, continued education, and professional development. Even though courses do not offer credentials, free open courseware is a powerful tool for those interested or employed in the field of business. Learners can supplement their business administration online degree or even advance their careers by taking open courses. Whether preparing for a for-credit course/test or looking for a better understanding of a certain field, open courseware has something for every student.

Since an online business administration degree touches generally on a range of topics that allows for concentrations in a few areas, open courseware provides an ideal complement to this degree. Learners can educate themselves for free on specific elements of accounting, finance, marketing, or entrepreneurship, while concentrating on other aspects for credit in school. The following list highlights some of the many business-related courses available through open courseware.

Entrepreneurship

Marketing

Finance and Accounting

Other/General Business and Management

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