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
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...
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- Lower Tuition Cost Than Many Other Universities. Classes Start Soon.
- Engaging, manageable 8-week classes start every month
- Curriculum developed by academic and industry professionals
- Associate of Arts in Business
- Bachelor of Science in Business Administration
- Master of Business Administration in Management
- And more...
- Master of Business Administration - SMBA
- BA - Business Administration/Management
- BA - Business Administration/Accounting
Get a hands-on education at Lincoln College of Technology. Designed for today’s tough job market, our in-depth programs cover many fields including: Health Sciences, Business and Information Technology, Hospitality, Automotive Technology, HVAC Technology and Electrical Systems Technology. Financial Aid is available for those who qualify. Programs vary by campus
- Business Administration
Earn Your Degree from U.S. News & World Report-Ranked Florida Tech – 100% Online
Grounded in a tradition of excellence since 1958, a degree from Florida Tech puts you in good company. With a longstanding reputation of unmatched academics, Florida Tech has educated NASA scientists, CEOs of Fortune 500 companies and highly decorated military generals. Join distinguished alumni and empower yourself with a career-building degree that employers value.
- Master of Business Administration
- Associate of Arts in Business Administration
- MBA Management
- And more...
- Business Administration A.A.S.
- Business Administration B.S.
- Business Administration Emphasis in Marketing B.S.
- And more...
Capella combines outstanding academics with a supportive faculty and staff in a program designed for working adults.
An education that blends theory and practice to fuel your career
- PhD - Strategy and Innovation
- BS - Business Administration (ACBSP-accredited)
- MBA - Business Administration (ACBSP-accredited)
- And more...
The Secret to Getting Ahead is Getting Started
Congratulations! Your interest in Stevens-Henager College is an important first step toward changing your life. A career-focused degree is the key to a new career with a potentially higher income, better benefits, and more satisfaction.
- Business Administration (BS)
- Business Administration - New Media Marketing (BS)
- Business Administration - Technology (BS)