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 Intelligence
As the largest private university in North America, University of Phoenix has locations nationwide, and is available online in most countries around the world. Whether you're seeking a college degree at an associate's, bachelor's, master's, or doctoral level, we can help you reach your academic goal and sooner than you might think.
- B.S. in Business
- A.A. in Business Fundamentals
- Doctor of Business Administration
- And more...
Study online with University of Maryland at College Park. We offer an online master of business administration program through our Robert H. Smith School of Business.
- MBA - General
- MBA - Marketing
- MBA - Accounting
- And more...
DeVry University provides quality education that employers respect, and is accredited by The Higher Learning Commission of the North Central Association (ncahlc.org), the same organization that accredits many other well-known public and private schools.
- Bachelor's - Business Administration
- Bachelor's - Business Administration - Sales and Marketing
- Bachelor's - Management
- And more...
As a student at South University, you will have the opportunity to learn from accomplished faculty members who have real-world experience in the subjects that they teach. Our small class sizes allow you to receive personalized attention from instructors, and the encouragement to recognize your goals for the future and the means to achieve them.
- Business Administration (BBA)
- Business Administration (MBA)
Virginia College continues the tradition ofgiving lives new direction, fulfilling our mission statement tostudents wherever they live and offering the chance to pursue adegree while maintaining commitments to work and family.
- AS - Business Administration
Thanks to Florida Tech offering intensive degree programs 100% online, students located all over the world have the opportunity to access the same world-class education as those who attend classes on the main campus in Melbourne, Florida. As a Florida Tech online student, you'll experience dynamic individualized relationships with your instructors. Working online with Florida Tech professors and students in an interactive environment provides you with a unique educational experience.
- Master of Business Administration
- Associate of Arts in Business Administration
- MBA Management
- And more...
Pioneering distance education since 1985, Liberty University is now the nation’s seventh largest university. With more than 300 online and residential areas of study, Liberty offers programs from the certificate to doctoral level.
- AA in Business
- BS in Business Admin: Leadership
- MA Human Services: Business
- And more...
Your creativity is a big part of who you are and where you're going. To take it, and your future, as far as you want, you need an education that's focused on developing your talents and putting you on the path toward the creative career that stirs your imagination.
- Fashion & Retail Marketing (AS)
- Bachelor of Science: Business Administration
- Masters: Business Administration
- Associate of Applied Science: Business Administration
- And more...