How much is a Business Management Degree Cost | Best online Business degree
How much is a Business Management Degree Cost | Best online Business degree. Business administration is a broad degree category that teaches students the skills necessary to efficiently run a business. Core competencies include detail-oriented organization, communication, leadership, and the application of information technology.
Also, graduates with an online bachelor’s degree in business administration are in high demand, and are some of the highest paid workers entering the job market. As you can see, a business administration degree is a great investment but it can come with a hefty price tag. So, how much does an Associate, Bachelor, Masters, and Doctoral Business Management Degree Cost?
An Associate Degree in business management costs significantly low than the bachelor’s degree in business management. While MBAs cost significantly more than others.
Business Administration School Average Costs
The US Department of Education estimates that the average cost per year at a private four-year institution is $32,900 (or $131,600 over four years; figure includes tuition, fees, and room and board).
Public four-year institutions average $15,100 per year ($60,400; tuition, fees, room and board), while public two-year institutions cost $2,900 per year ($5,800 not including room and board).
MBA programs can cost as little as $10,000 to $20,000 and as much as $50,000 to $150,000 or more.
Thinking about majoring in business administration?
Anyone who’s thinking about majoring in business administration should keep the following points in mind:
Salary Outlook
MBA improves one’s earning potential, although it doesn’t necessarily guarantee a top salary. Bloomberg Businessweek reports MBA graduate starting salaries ranging from $12,000 (for a Columbia grad working in manufacturing) to more than $1,000,000 (for a University of Manchester grad who accepted a financial services position).
The NACE puts the average starting salary for business graduates at just over $54,000 (compared to $45,000 for 2013 graduates as a group).
Career Paths
For students wondering what they can do with a degree in business administration, the answer is, almost anything. This is particularly true for those who earn an MBA, although the distinction certainly isn’t required for strong earning potential.
What Jobs Can You Get with a Master’s Degree in Business Management?
After earning a Masters in Business and Management (MBM), most graduates find work in the business field. They virtually get jobs with large corporations, and sometimes often takes jobs wit small companies and non-profit organizations. Jobs you can get with a Master’s Degree in Business Management are;
- Corporate Recruiter
- Executive Recruiter
- Finance Officer or Financial Manager
- Financial Analyst.
- Accountant
- Advertising Executive
- Business Manager
- Management Consultant
- Marketing Director or Manager
- Marketing Research Analyst
- PR Specialist
- Product Manager
- CEO
- CIO
- Corporate Communications Manager.
- Hotel or Motel Manager
- Human Resources Director or Manager
- Management Analyst.
What to do with a Master’s Degree in Business Management?
A Master’s degree in Business Management is one of the most desired degrees in America. Not only that people seek to achieve this goal but also it is one of the most versatile degrees that allows for flexibility in the position.
The reason might be that the degree covers many aspects of the business that are very important to hold a key position in a company. And also the reason is valid enough because the program offers great job opportunities with having your Master’s Degree.
How Much Does an Associate Degree in Business Management Degree Cost?
Cost for an associate degree program in business management upon the learning option that you choose. Tuition for this program in each school also differs. This tuition can include application fees and other fees. Credit costs for an associate degree in business management whether online or on-campus typically range from $90 to $435 per credit unit. But students should expect to pay between $6,000 and $26,000 in total tuition.
Affordable Online Bachelor’s Degree in Business Administration
- Florida State College at Jacksonville – Bachelor of Science in Business Administration / General Business.
- St. Petersburg College – Bachelor of Science in Business Administration.
- Clayton State University.
- Missouri Southern State University
- University of Maryland Global Campus.
- California University of Pennsylvania.
- University of Southern Mississippi
- Green Mountain College – Bachelor of Science in Sustainable Business Administration.
- University of Wisconsin-Platteville – Bachelor of Business Administration.
- Trident University International – Bachelor of Science in Business Administration.
- Huntington University.
Examples of Core Courses in Business Management
- Management Theory and Practice: This course explores the rich field of management in theory and practice, and as both a science and an art. Students learn to apply management concepts to current workplace issue.
- Principles of Accounting I: This course covers the fundamentals of financial accounting as well as the identification, measurement, and reporting of the financial effects of economic events on an enterprise.
Principles of Accounting II: This course introduces accounting concepts in a business environment. - Introduction to Computer Applications and Systems: Students learn to apply Microsoft® Office tools including work processing, spreadsheet, database, and presentation software to accomplish business objectives.
- Finance for Business: This course introduces the student to the essential elements of finance for business. Topics include: Financial planning, working capital management, capital budgeting, long term financing, and international finance.
- Global Business Strategies: The manager’s perspective in the fields of international payments, international trade, and investment are analyzed. Emphasis is given to the materials and concepts that illuminate the strategies, structure, practices, and effects of multinational enterprises.
- Principles of Microeconomics: This course provides students with the basic theories, concepts, terminology, and uses of microeconomics.
- Business Research: Students will learn to apply an understanding of commonly employed business research techniques to improve a situation, solve a problem, or change a process.
- Business Communications and Critical Thinking: Students will develop skills in critical thinking and decision making through the forms of written communication, including memos, emails, business letters, and reports.
What Jobs Can You Get with a Bachelor’s Degree in Business Management
However, career prospects are much higher for holders of a bachelor’s degree. Although a bachelor’s degree in business management is traditionally a four-year investment.
They include:
- Financial Analyst.
- Marketing manager.
- Sales manager.
- Management Analyst.
- Business Analyst
- Account manager.
Are online programs available in business administration?
Online programs in business administration are readily available for all degree levels, including associates, bachelors, MBA and DBA degree programs. Online programs include general business as well as almost every specialty area, including online programs in the following:
- Computer Science
- International Business
- Health Care Management.
- Marketing.
- Accounting.
- Entrepreneurship.
- Finance
- Human Resources Management.
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