Many future and current college students analyze the potential that a degree may hold for them, especially in today’s challenging economic environment. The economic downturn of 2008 made many business students and graduates wonder what their degrees would be worth. There are fortunately many rewarding opportunities available for those who hold associates, bachelors, and master degrees in a business-related field, and the higher the level of degree, the higher the earning potential for a professional. And of course, there is always the possibility of starting one’s own small business.
There are degrees to cover a broad spectrum of business disciplines, including accounting, finance, management, international business, human resources management, and marketing. Business programs open the doors to higher salaries than other majors do over time. This page helps you to find out where you can take suitable programs, what the trends are, what you can earn after graduation, and more …
What do I study in a business degree?
Students taking a bachelor’s in business will usually have to take statistics, economics, algebra, accounting, marketing, management, and finance courses as part of a general curriculum. They then have to take specialized courses in their major and minor, for example, a bachelor’s degree in business administration might include majors such as: Project Management; Business Information Systems; and, Technical Communication.
There are many new trends in the field of business education that students need to be aware of. The first is that a degree in business administration is by far the most popular choice amongst students. But within an administration degree one finds many specializations.
Health administration degrees are becoming more widespread. The demand for healthcare professionals, given the higher demand that aging baby boomers will have for medical services, will steadily increase in the next decade. Along with this increase will be more of a need for professionals who run medical offices, offices within hospitals, and more. This is where business health degrees come in.
Another hot trend in the field of business networking is that of social networking. The most popular social network sites provide solid forums where classmates and professors alike can post comments within minutes of posts going up. It is a phenomenon that was unheard of just a few years ago.
What are the prospects after graduation?
Those holding degrees in different business disciplines can expect to earn higher salaries than those with other majors do over time. The higher the level of degree, the more that a person earn. Some of the trends in business education include the prevalence of healthcare administration degrees, the increased demand for online learning classes, and the increasingly important role that social networking now plays in business programs across the country. There are general classes that all business majors take, including statistics, accounting, finance, marketing, and economics classes. Students then proceed to take more specialized classes in their major.
Your salary will depend on the level of the degree. According to reputable sources, those who have an associates degree can earn anywhere from US$32,000 to US$43,000 per year. Those with a bachelors can add up to US$5,000 more per year in earning potential, and those with a masters can earn up to US$11,000 per year more. Those with masters degrees tend to take on executive roles, and their earning capability has the potential to be limitless if they are aggressive and network extensively. Of course, all these salaries are also dependent on experience, location and the particular business.
On average, those who are in retail and hold degrees tend to see earnings on the lower end of the spectrum as described above. Those in finance, accounting, and marketing see some of the highest salaries and are on the higher end of the salary range as delineated previously. Entry level employees in any business field overall tend to make salaries spanning from US$30,000 to US$50,000, though there are many exceptions and salaries that fall out of this range.
List of business schools and programs
- Business Administration (Human Resources)
- Business Administration (Financial Services)
Baker University’s School of Professional and Graduate Studies has designed high-quality, innovative programs that are consistently recognized as offering great value. Tuition is affordable, but most important, earning a degree from a prestigious private university is an investment that will never depreciate.
First choice for busy adults
- Online Associate of Arts in Business
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- In a university-sponsored survey, 4 out of 5 alumni reported being satisfied with their experience.
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- 75,000+ graduates across all industries offer extensive networking opportunities.
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- Doctor of Business Administration
- Bachelor of Science in Business Administration - General
- Master of Business Administration
- And more...
Earn your graduate degree online with Northcentral University. We offer online programs focused on doctoral and master’s degrees in the schools of business and technology management, education, psychology and marriage and family sciences.
- MBA - Building Creativity
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- Bachelor in Business Administration
- Bachelor in Business Administration-Management
- Associate in Marketing
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Discover the power of ONE COURSE A MONTH® to fit education into your busy life. Brown Mackie College’s ONE COURSE A MONTH® schedule lets you focus on your course work one subject at a time.
- Diploma in General Business
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- Business Administration Management
About the College of Westchester
Since 1915, The College of Westchester (CW) has focused on the career success of its students. CW's academic programs are carefully designed to provide the skills and competencies most desired by employers. Our campus environment is highly personal and our culture centers on service to students. CW faculty is selected based on experience, credentials and a caring attitude to bring real world knowledge to the classroom. The College's technologies and web-enhanced learning tools give students anywhere, anytime connectivity to courses, professors, classmates and services. The College of Westchester offers an exceptional experience that can lead to a lifetime of achievement and success.
- BBA-Business Administration
- AAS-Business Administration Management/Marketing
With over 20 years of successful growth, the Institute of Medical Careers is leading Pittsburgh’s industry in career training, the Erie campus was established to share this success. As a response to Erie employers who have been challenged to find qualified, well-trained employees. The Institute of Medical and Business Careers now offers a state-of-the art facility with up to date career training in the allied health field.
- Business Administration - Marketing and Management
- Business Administration - Accounting