Success is something that everyone wants to achieve. In the workplace, success can be achieved through hard work, diligence, and dedication. In addition to these efforts, successful people most often have one other thing in common – they have a degree. Studies have shown that people with degrees are promoted faster, and are able to promote into more high-level positions than people who don’t have degrees.
Online business administration degrees are a great asset. The Internet has made it much easier to obtain a business administration degree than in years past. No longer do you have to quit your job or take night classes at the local university to complete a degree. Now you can do it in the convenience of your own home when the time is convenient for you.
What You Can Learn with a Business Administration Degree
There are many benefits that come with earning a degree online in business administration. Business administration is an excellent field to study because it is applicable in virtually every field. Every company is run through knowledge in the field of business. A degree in business administration will help you in every aspect of your job. As you study online you will learn many topics, including marketing, advertising, finance, accounting, business writing, and most importantly, management and organizational behavior. Most business administration degrees require courses in all of these fields, which together combine to form a very well-rounded education. A degree in business administration relies very heavily on math, but also has some aspects that focus on English. By taking courses in marketing you will learn how to direct your business to a specific audience to enhance profitability. From a finance perspective you will learn how to invest money wisely and will learn how to make the best decisions when it comes to your company’s money. With accounting courses you learn how to balance your books, and how to keep track of your company’s funds. And from the management side you learn how to deal with people, and how not to deal with them to ultimately get them to want to work for you. There will always be a demand for someone with a degree in business administration.
Online Schools Offering Business Administration Degree Programs
There are many online schools that offer both bachelors’ degrees and masters’ degrees in business administration.
Devry offers bachelors degrees in business administration. They are accredited by The Higher Learning Commission of the North Central Association of Colleges and Schools. Their bachelors degree programs include concentrations in accounting, business information systems, finance, health services management, hospitality management, human resources management, operations management, project management, sales and marketing, security management, small business management and entrepreneurship, and technical communication.
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University of Phoenix offers both bachelors degrees and masters degrees in business administration. University of Phoenix is accredited by The Higher Learning Commission and is a member of the North Central Association (ncahlc.org). Their bachelors degree program offers concentrations in integrated supply chain and operations management, small business management and entrepreneurship, accounting, administration, communications, e-business, finance, global business management, green and sustainable enterprise management, hospitality management, human resource management, information systems, management, marketing, organizational innovation, public administration, and retail management. Their masters degree program offers concentrations in accounting, energy management, global management, health care management, human resource management, marketing, project management, small business management, and technology management.
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Virginia College Online offers bachelors degree program in business administration, and is accredited by the Accrediting Council for Independent Colleges and Schools. Virginia College online does not offer emphases. With this curriculum students choose from elective courses in the areas of accounting, marketing, organizational behavior, ethics, leadership, and decision making.
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Future Outlook for Business Administration Jobs
There are a lot of job opportunities for people with degrees in business administration, and hopefully as the economy improves the demand will increase even more. Here are some job statistics for specific areas of business administration.
The Bureau of Labor Statistics predicts that jobs in marketing and advertising are going to grow about as much as average, and are expecting a seven to thirteen percent jump over the next ten years. Median annual salaries from 2008 were $80,220 for advertising and promotions managers, and $108,580 for marketing managers.
The Bureau of Labor Statistics predicts that jobs in financial management positions are going to grow about as fast as average and are expecting a seven to thirteen percent jump over the next ten years. Median annual salaries from 2008, excluding annual bonuses and stock options, of wage and salary financial managers were $99,330.
The Bureau of Labor Statistics predicts that jobs in human resources are going to grow much faster than average, and are expecting a twenty-two percent jump over the next ten years. Median annual wages of human resource managers from 2008 were $96,130.
The Bureau of Labor Statistics predicts that jobs in human resources are going to grow as fast as average, and are expecting a seven to thirteen percent jump over the next ten years. Salaries varied a lot depending on the employer, but the median annual wages of human resource managers from 2008 were $73,520.
Business administration is a field that will never go out of style. No matter what the concentration, degrees in business administration are in high demand and will be beneficial in any career.