Online Business Administration / Management Degree

Business Administration / Management Degree Overview

Listed below are colleges and universities that offer online degrees, certificates, and diplomas in the major of Business Administration / Management and a detailed list of the programs offered. Tuition, financial aid, course offerings, online classes, adult education, and distance learning options are available by request.

Business Administration / Management Career Outlook

Proactive to beat Popularity

What is the most popular college major? Business is definitely one of the more popular majors. The number of business degrees given per year doubles the number of degrees given in the second most popular major. This is probably because according to a study by Georgetown University Center on Education and the Workforce and the U.S. Census Bureau, American Community Survey business majors earn the third highest median salaries of all majors, which is 7-12% higher than other major supergroups based on age.

This means that there is a lot of money in the business world for savvy, educated people, but also that you will probably face some tough competition to get the best jobs. Because of tough competition, you should not only prepare in terms of knowledge, but also in terms of interviewing skills and effective resume building. Those who proactively network online and in person will have an advantage. Most colleges and universities have career centers that will teach these skills which are especially important to business majors.

Advancing technology is in many ways streamlining business, cutting out the need for certain jobs and certain management positions. Regardless, administration jobs are predicted to grow at the national average for job growth. This is because every business is continually looking for ways to cut costs and be more efficient, and effective managers are the ones who do this.

What will make getting a job easier? Being able to manage a wide range of departments and services. Develop skills in marketing, finance, budgeting, and management to be the best tool possible for the company. Companies will hire the employee that fits their exact need, so try to discover that need and build a resume to fit their need, and interview accordingly.

Business Administration jobs are expected to increase during the next decade and so will competition for these top careers. Getting your business administration degree will help you be more competitive and is an important thing that you can do for your future in business. Specific Business Administration jobs include:

• Office administrator
• Human resources specialist
• Computer systems administrator
• Estate manager
• Facility manager
• Contract administrator
• Personal property manager
• Administrative service manager

Business Administration / Management Salary Information

U.S. Census Bureau micro data shows that business majors earn about 7-12% more than the average median salary for all majors. But statistics also show huge fluctuations of salaries in the business world. Considering the millions and millions of people working in the business industry, this is not surprising.

What types of managers can expect higher pay? Those with real experience who are filling jobs that few others can fill. This is why it is important to specialize in a particular field in college. A company looking for someone to manage budgeting is more likely to hire a business administrator who specializes in finance than one who emphasized marketing in his or her studies.

Here are some beginning salaries of business administration majors going into different fields.

Source: National Association of Colleges and Employers, Winter 2008 Salary Survey.

Business Administration / Management Required Job Skills and Knowledge

A good university education in business administration will provide you, the student with practical experience in management skills, communication skills, and decision making. An internship can be an important part of this practical experience, making it easier for a person to get hired.

Here are some of the classes you will be taking:

• Accounting
• Business law
• Business ethics
• Economics
• Finance
• Rhetoric and Composition: Learn how to communicate well.
• Marketing
• Operations management
• Organizational behavior
• Business statistics
• Financial mathematics
• Business strategy

After you finish with the basic business management classes, you will most likely start taking classes in a specialized area of business study. Here are some of the fields that you can study in detail, to prepare yourself, and make yourself more accessible for hiring by specific companies.

• Entrepreneurship
• Accounting
• Real estate
• Marketing
• International business
• Finance