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
- Boldly pursue your future in business with an online degree from Post University
- Degrees at all levels with concentrations in Finance, Marketing, and much more
- Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
- Ranked in the Best Online Bachelor’s Programs by the US News & World Report
- Master of Business Administration - Multidisciplinary
- Master of Business Administration (MBA)
- B.S. in Business Administration
- And more...
- Liberty University provides a worldclass education from a christ-centered worldview
- 100% online programs at associate, bachelor’s, master’s, and doctoral levels
- No standardized testing if student meets admission requirements
- Accredited by the Southern Association of Colleges and Schools Commission on Colleges
- 87% of Liberty University students receive some form of financial aid
- AA in Business
- Bachelor of Science: Business Administration: Communications
- Bachelor of Science: Business Administration: Healthcare Management
- And more...
- Northcentral University was founded in 1996 to provide working professionals around the world with unprecedented access to richly engaging, professionally relevant, and academically-rigorous education from a U.S. university.
- As a regionally accredited, private, online and graduate-focused university, NCU offers doctoral, master’s and bachelor’s degrees in business, technology management, education, and psychology, as well as doctoral and master’s degrees in marriage and family therapy.
- Management - D.B.A.
- Management - MBA
- General Business - MBA
- And more...
The Daniels College of Business at the University of Denver has offered a top-quality business education since 1908. Through [email protected], students can earn a Daniels degree while continuing to pursue their personal and professional passions.
- Master of Business Administration
- Top-ranked online MBA
- As few as 24 months to complete
- GMAT waivers for experienced professionals
- Bachelor’s degree required
- Six concentrations available
- AACSB accredited
- Master of Business Adminitration (MBA)
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- The Value Investing (Online) program is designed to give you a strong foundation in one of the most successful investment strategies ever developed.
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