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Everyone has doubts when choosing a long-term career path. Especially when that career relates to the world of business. You might think that employers nowadays don’t care what kind of business degree you have, as long as you know some basic rules of trade and ethics. Although that might sometimes be the case, it is more common that employers hire specialists in corresponding fields. They want each component of their company to fit perfectly, so they’ll start asking for your degree regarding the position you’re applying for.

That’s why it’s best if you have a clear understanding of what people do in different business careers, what it takes them to reach those positions, and how rewarding a degree in business is. To find out significant details on business degrees, scroll down and check out our ultimate, enlightening guide.

Business Degree Levels

business student

Your inner green light, a.k.a intuition, will sooner or later let you know towards which business degree you gravitate most. The choice will be defined from your leadership skills, analytical skills, and your level of communication. However, deciding to pursue a business management degree is one thing, and deciding about which degree level suits you best is something else.

You can choose to pursue a Bachelor of Science degree, an Associate of Science degree in Management, or a certificate program. Yet again, you have to know what each of them has to offer in advance.

Certificate in Business

Certificate programs in business are short-term, very rewarding solutions to enhance your career or make your way to entry-level positions both in the public or private sphere. Through general certificate programs, you will be introduced to some of the elementary vocational skills you need for the business world. These taught skills will carve your way into many administration, computer security, or office reception positions.

If your ambitions are higher, you can choose to follow the program on advanced certificates in international business. A program of this sort is outstanding, as it equips students with adequate knowledge and expanded perspective in the ever-changing global business environment. This ambitious choice will keep you current with the latest trends from the global economy; therefore, it is your best chance to increase your professional worth.

Associate Degree in Business

Much like the certificate program, an associate’s degree in business also prepares students to begin or advance their careers in the business world. However, this program is not short-term, and it is of higher significance. Its duration is usually two years, and the associate degree can be considered as a major step towards pursuing a bachelor’s degree.

Associate degree programs usually provide students with a comprehensive understanding of business-oriented technology, management principles, and interpersonal skills. Whereas the typical coursework may tackle the fundamentals of business, management, critical thinking, project planning and implementation, business software, and communication.

Bachelor of Science in Business

A Bachelor of Science in Business is of high demand because of its role in teaching strategic planning, operations management, and human resources, as well as team-building and research methods. A degree program of this sort focuses on giving students the ability to develop high-leveled knowledge that can be applied to problem-solving across critical functional areas in any business, industry, organization, or governmental institution. For instance, a graduate of the Bachelor of Science in Business here at Potomac University, by the end of the education program will be able to:

  • Evaluate ethical and legal actions affecting business and their implications into organizational decision making;
  • Use critical thinking to analyze and solve problems and effectively communicate them to relevant stakeholders;
  • Use effective written and oral business communication skills;
  • Demonstrate synthesis of business concepts, principles and theories by developing solutions to complex business and leadership problems;
  • Apply the most current technology to analyze problems;
  • Develop business analysis;
  • Recommend well-reasoned management decisions and compile actionable strategies.

No wonder employers consider a B.S. very trustworthy, as individuals get equipped with a set of efficient qualities to serve the labor market properly.

BA or BS in Business?

The dilemma of choosing a B.A. or a B.S. in business shouldn’t really be much of a dilemma anymore. That being said, if students know what suits their personalities best for the future.

It is easy to make the difference out of these two degrees; however, to break it down for you, students who pursue a Bachelor of Science degree in business are expected to master technical skills. They should know in advance that their studies will be more focused on math, science, and statistics.

Whereas students that choose a Bachelor of Arts tend to be more or less social butterflies, that’s why good communication skills are some of the basic requirements to earn this degree. People with a B.A. in Business earn a broader, in-depth education, which means that before starting with their standard business courses, they have to take classes in history, communication, English, religion, and writing.

From the definitions above, you will understand that we’re speaking of potential business careers in both cases, but about business conducted differently. And if you find yourself more like the technical, analytical type, you should definitely go for the Bachelor of Science. Or you can choose a B.A. in business if your forte is writing and communicating. From an academic perspective, both degrees are highly valued, and the choice between the two is only relative.

Master of Science in Business

Completing an MSc in Business comes along with a wide variety of potential career paths to choose from after graduation. It is considered to be one of the most in-depth business master programs, so don’t expect it to be easy. However, this degree will provide you with so many financial and professional rewards that you can’t even begin to imagine.

The MSc degree is of high demand, specifically among career paths of financial managers and analysts, management consultants, investment bankers, and accounting managers. You know this degree suits you if you are aiming for top management and leadership positions, a robust professional network, multiple figures in your salary, and even the goal of becoming your own boss. Some of the most prospective Master of Science degrees in Business are:

  • Master of Science in Business Analytics
  • Master of Science in Business Administration
  • Master of Science in International Business
  • Master of Science in Business Management
  • Master of Science in Accounting
  • Master of Science in Organizational Leadership
  • Master of Science in Human Resource Management

Having a degree in one out of many business majors can offer you countless opportunities. This happens due to the transferable skills that you earn from each of them, and which provide you smooth access into different business sectors. Occupations vary from the business degree type you decide to enroll on.

Types of Business Degrees

group of business people

Below we have listed 11 different types of business degrees, each divided into core business values. You will find the most important elements of business degree specializations, from their level of duration, courses you are required to complete, average salaries, and predicted job growth.

1. Business Administration

Associate’s Degree in Business Administration

Courses: Finance, Accounting, Economics, Marketing, Organizational Behavior, Management Theory and Practice.

Jobs: Administrative Assistant, Manager, Auditing Clerk, Business Assistant, Business Service Specialist, Customer Service Supervisor, Event Planner, Executive Assistant, Food Service Manager, General Office Administrator, General Office Clerk, Human Resources Administrative Assistant, Human Resources Coordinator, etc.

Degree Duration Salary Job Growth
Associate’s Degree 2 years $25,424 – $83,309 7% from 2018 to 2028 – for all business and financial occupations

Bachelor’s Degree in Business Administration

Courses: Communication, Organizational Leadership, Resource Management, Strategic Planning, Business-Oriented Computer Applications, Financial Management, Business Ethics, Accounting, Information, Technology, Marketing

Jobs: Accountant, Management Consultant, Financial Analyst, Actuary, Business Teacher, College Admissions Representative, Business Reporter, Corporate Attorney, Healthcare Administrator, Advertising Executive, Public Relations Specialist, etc.

Degree Duration Salary Job Growth
Bachelor’s Degree 4 years  $55,100 – $108,600 7% from 2018 to 2028

Master’s Degree in Business Administration (MBA)

Courses: Managerial Accounting, Managerial Economics, Managerial Finance, Strategic Management, Human Resources, and Organizational Behavior, Marketing Management, Management and Information Systems, Business Ethics.

Jobs: Department Manager, Human Resource Manager, Banking Manager, Marketing Manager, Sales Manager, Assistant store manager, Store manager, Relationship banker, etc.

Degree Duration Salary Job Growth
Master’s Degree (MBA) 1-2 years $127,000 – $177,000 7% from 2018 to 2028

2. Business Management

Associate’s Degree in Business Management

Courses: Business Principles, Accounting, Business Law, Business Management, Marketing, Business Technology.

Jobs: Department Manager, Human Resource Manager, Banking Manager, Marketing Manager, Sales Manager, Customer Service Associate, Retail Sales Workers, Assistant Store Manager, Administrative Assistant, Store Manager, etc.

Degree Duration Salary Job Growth
Associate’s Degree 2 years $70,337 7% from 2018 to 2028 – for all business and financial occupations

Bachelor’s Degree in Business Management

Courses: Business Law, Entrepreneurship, Supply Side Marketing, Researching and Writing Reports, International Business, Workplace Diversity, Ethics, Finance, Management Information Systems, Human Resource Management, Operations Management.

Jobs: Actuarial Analyst, Arbitrator, Business Adviser, Business Analyst, Business Development Manager, Chartered Management Accountant, Corporate Investment Banker, Data Analyst, Department Manager, Human Resource Manager, Banking Manager, Marketing Manager, Sales Manager, Relationship Banker, etc.

Degree Duration Salary Job Growth
Bachelor’s Degree 4 years $55,100 – $108,600 7% from 2018 to 2028

Master’s Degree in Business Management

Courses: Accounting, Business Strategy, Marketing Management, Economics, Finance, Human Resource Management, Operations Management, Statistics, Production, Information Systems, etc.

Jobs: Chief Technology Officer, Computer and Information Systems Manager, Financial Manager, Health Services Manager, High-end Management Consultant, Information Technology (IT) Director, Investment Banker, Investment Fund Manager, etc.

Degree Duration Salary Job Growth
Master’s Degree 1-2 years $127,000 – $177,000 7% from 2018 to 2028

3. E-Commerce

Associate’s Degree in E-Commerce

Courses: Accounting, Economics, Social Media Marketing, Internet Advertising, Website Development and Programming, etc.

Jobs: Web Designer, Computer Support Specialist, E-commerce Web Administrator, etc.

Degree Duration Salary Job Growth
AS 2 years From $35,000 to $63,000 80% from 1997 to 2016,  450,000 jobs projected by 2026

Bachelor’s Degree in E-Commerce

Courses: Web Publishing, Internet Applications, Programming, Web Servers, Networking Concepts, Production Design For The Internet, Internet Strategies, etc.

Jobs:  E-commerce Manager, Content Specialist, Web Applications Developer, Content Engineer etc.

Degree Duration Salary Job Growth
BB 4 years $225,807 – $254,306 80% from 1997 to 2016,  450,000 jobs projected by 2026

Master’s Degree in E-Commerce

Courses: E-Business Models, E-business Infrastructure, Selling And Marketing On The Web, Web Server Hardware And Software
B2c And B2b Strategies, Virtual Communities, Web Portals, E-commerce Software, Payment Systems, Social Media, Security, User Experience, etc.

Jobs: Marketing Specialists, Computer Systems Analyst Professionals, Systems Operations Manager, etc.

Degree Duration Salary Job Growth
MBA 1-2 years $229,625 – $259,990 20% in 2020

4. Marketing

marketing degree

Associate’s Degree in Marketing

Courses: Introductory Marketing, Marketing Strategies and Communication, Fundamentals Of Accounting, Business Basics.

Jobs: Market Research Analyst, Business Operations Specialist, Public Relations Specialist, Sales Worker Supervisor, Account Executive, etc.

Degree Duration Salary Job Growth
AS 2 years $54,720 9% by 2022

Bachelor’s Degree in Marketing

Courses: Managerial Accounting, Consumer Behavior, Organizational Marketing, Microeconomics, Macroeconomics, Business Communication, Customer Service, Financial Accounting, Services Marketing, Statistics

Jobs: Admissions Representative, Brand/Product Manager, Event/Meeting Planner, Fundraiser, Marketing Assistant, Market Research Analyst, Media Planner, Public Relations Representative, Sales Representative, Social Media Manager

Degree Duration Salary Job Growth
BB 4 years $36,817 to $282,412 9% by 2022

Master’s Degree in Marketing

Courses: Brand Management, Consumer Studies, Customer Relations, Fashion Merchandising, Market Research, Public Relations

Jobs: Marketing Manager, Advertising Manager, Sales Manager, Promotions Manager, Public Relations Manager

Degree Duration Salary Job Growth
MBA 1-2 years $36,817 to $282,412 9% by 2022

5. Finance

Associate’s Degree in Finance

Courses: Microeconomics, Accounting Foundations, Advanced Corporate Finance, Financial Planning, Business Law Foundations

Jobs: Budget Analyst, Sales Manager, Financial Analyst, Personal Financial Advisor

Degree Duration Salary Job Growth
AS 2 years $38,000 7 percent from 2018 to 2028

Bachelor’s Degree in Finance

Courses: Bonds, Core Business Courses, Corporate Finance, Econometrics, Economics, Financial Reporting, Governmental Finance, Individual Investment, Monetary Institutions And Policy, Portfolio Management, Statistics

Jobs: Financial Planner, Financial Analyst, Investor Relations Associate, Budget Analyst, Actuary, Accountant, Credit Analyst, Attorney, Commercial Real Estate Agent, Business Teacher

Degree Duration Salary Job Growth
BB 4 years $61,000 7 percent from 2018 to 2028

Master’s Degree in Finance

Courses: Financial Investments, Managerial Accounting, Portfolio Management, Econometrics, Financial Reporting, Mergers and Acquisitions

Jobs: Financial Planner, Sales Agent, Financial Analyst, Investor, Relations Associate, Budget Analyst, Actuary, Accountant, Credit Analyst, Attorney, Commercial Real Estate Agent, Business Teacher

Degree Duration Salary Job Growth
MBA 1-2 years $100,990 to $121,770 7 percent from 2018 to 2028

6. International Business

international business

Associate’s Degree in International Business

Courses: International Marketing, International Logistics, International Financial Management, Principles Of Export And Import, Microeconomics, Macroeconomics, Financial Accounting, Business Communication

Jobs: Exporting And Importing Specialists, Management Analysts, Administrative Services Workers, Business Operations Specialists, Logistics Or Supply Chain Professionals

Degree Duration Salary Job Growth
AS 2 years $70,600 to $74,530 14% by 2026

Bachelor’s Degree in International Business

Courses: Financial Accounting, Business Law, Principles Of Management, Organizational Behavior, International Trade Policies and Practices, Global Supply Chain Management And Logistics, Accounting, Economics, Human Resources, Information Systems and Technologies, Marketing, International Strategic Management

Jobs: Trade And Customs Managers, Import/Export Compliance Specialists, Business Consultants, Trade Analysts, Supply Chain Managers, International Accountants, International Economists, International Attorneys, Management Analysts

Degree Duration Salary Job Growth
BB 4 years $57,929 to $120.000  14% by 2026

Master’s Degree in International Business

Courses: International Business, International Business Policy, Managing Global Talent, International Marketing, International Business Negotiations, International Trade and Finance Management, Cross-cultural Management, International Accounting and Taxation, Emerging Marketing, Legal Aspects of International Business

Jobs: Trade And Customs ManagersImport/Export Compliance SpecialistsBusiness ConsultantsTrade AnalystsSupply Chain ManagersInternational AccountantsInternational EconomistsInternational AttorneysManagement Analysts

Degree Duration Salary Job Growth
MBA 1-2 years $57,929 to $120.000  14% by 2026

7. Project Management

Associate’s Degree in Project Management

Courses: Managerial Accounting, Marketing, Macro and Microeconomic Analysis

Jobs: Project Manager, Project Coordinator, Project Assistant

Degree Duration Salary Job Growth
AS 2 years $70,301 to $75,849 6% by 2024

Bachelor’s Degree in Project Management

Courses: Strategy and Information Systems, Macroeconomic Principles, Managing Organizational Change, Human Resource Management, Leadership and Team Management, Cost and Budget Control, Procurement Policy and Practices

Jobs: Senior Project Manager, Project Coordinator, Project Scheduler, Project Assistant

Degree Duration Salary Job Growth
BB 4 years $71,141 to $76,778 6% by 2024

Master’s Degree in Project Management

Jobs: Senior Project Manager, Project Coordinator, Project Scheduler, Project Assistant

Degree Duration Salary Job Growth
MBA 1-2 years $80,000, to $115,000 6% by 2024

8. Accounting

accountant

Associate’s Degree in Accounting

Courses: Accounting Core, Foundations in Business, Economics and Math, General Education

Jobs: Bookkeeper, Accounts Payable Clerk, Accounts Receivable Clerk, Payroll Clerk, Accounting Assistant

Degree Duration Salary Job Growth
AS 2 years $51,000 10% by 2026

Bachelor’s Degree in Accounting

Courses: Intermediate and Advanced Financial Accounting, Intermediate and Advanced Managerial Accounting, Accounting Software and Information Systems, Auditing, Business Law, Business Statistics, Economics, Ethics In Business, Macroeconomics and Microeconomics, Principles Of Management, Accounting Electives

Jobs: Financial Manager, Investment Banker, Chief Financial Officer, Auditor, Public Accountant, Management Accountant, Forensic Accountant, Tax Examiner

Degree Duration Salary Job Growth
BB 4 years $35,000 to $120,000  10% by 2026

Master’s Degree in Accounting

Courses: Forensic Accounting, Public Accounting, Auditing and Compliance Accounting, Government Accounting, Tax And Payroll Accounting

Jobs: Auditor, Information and Technology Accountant, Financial Analyst, Forensic Accountant, Managerial Accountant, Corporate Controller, Chief Financial Officer (CFO)

Degree Duration Salary Job Growth
MBA 1-2 years $52,000 to $135,000  10% by 2026

9. Human Resources Management

Associate’s Degree in Human Resources Management

Courses:

Human Relations, Business Ethics, Principles Of Human Resource Management, Employment Law, Training and Development

Jobs: Assistant Recruiters, Payroll Assistants, Benefits Assistant, HR Assistant

Degree Duration Salary Job Growth
AS 2 years $40,745 to $70,250 9% from 2014 to 2024

Bachelor’s Degree in Human Resources Management

Courses: Business Law, Compensation Management, Employee & Labor Relations, Financial Accounting, Human Resource Development, International Business, Operations Management, Organizational Ethics, Labor Economics, Research Methods in Labor and Employment Relations

Jobs: Benefit Specialist or Manager, Compensation and Benefits Specialist/Manager, Development and Training Specialist/Manager, Employee and Labor Relations Specialist/Manager, Employee Assistance Plan Manager, Safety and Security Specialist/Manager, Human Resources Manager, Human Resources Coordinator, Human Resources Generalist, Job Analysis Specialist, Labor Relations Specialist, Recruiting And Placement Manager, Recruiting Coordinator, Technical Recruiter, Training and Development Specialist

Degree Duration Salary Job Growth
BB 4 years  $60,350 to $119,120 9% from 2014 to 2024

Master’s Degree in Human Resources Management

Courses:

Research Methods in Labor and Employment Relations, General Understanding of Business Operations, Organizational and Project Management Skills, Understanding Complex Labor Regulations, General IT Skills

Jobs: Chief Learning Officer, Compensation & Benefits Manager, Compensation, Benefits & Job Analysis Specialist, HR Practice Leader, Human Resources Manag/Director, Industrial Relations Director, Labor Relations Consultant/Manager, etc.

Degree Duration Salary Job Growth
MBA 1-2 years $98,892 to $105,472 9% from 2014 to 2024

10. Entrepreneurship

business professionals

Associate’s Degree in Entrepreneurship

Courses: Business Finance, Marketing, Accounting Principles, Business Law, Product and Service Design

Jobs: Customer Service Associate, Retail Sales Workers, Assistant Store Manager, Administrative Assistant, Store Manager, Relationship Banker, Sales Consultant, Sales Support Specialist

Degree Duration Salary Job Growth
AS 2 years $20.000 to $40.000 6% from 2018 to 2028

Bachelor’s Degree in Entrepreneurship

Courses: Introduction to Financial Accounting, Introduction to Managerial Accounting and Finance, Management Information Systems, Statistics, Operations Management, Marketing, Entrepreneurship: New Venture Planning, Entrepreneurship: New Venture Formation, Small Business Finance

Jobs: Mid-level Management, Business Consultant, Sales, Research and Development, Not-for-profit Fundraiser, Teacher, Recruiter, Business Reporter

Degree Duration Salary Job Growth
BB 4 years $56,000 to $120.000  6% from 2018 to 2028

Master’s Degree in Entrepreneurship

Courses: Social Entrepreneurship, Family Business, New Business Development Global Economy, Managing Entrepreneurial Operation, Topics in Business Law, Managing Entrepreneurial Organizations, Financial Strategy

Jobs: Self-run Companies, Academia, Business Consultant, Sales, Research and Development, Not-for-profit Fundraiser, Teacher, Recruiter, Business Reporter

Degree Duration Salary Job Growth
MBA 1-2 years $56,000 to $120.000  6% from 2018 to 2028

Highest Paying Business Majors

Business majors develop many valuable skills and areas of knowledge that enable graduates to make a significant contribution to the corporate and non-profit worlds. And let’s just say that they get the best out of both worlds because the outputs of business degrees often make the highest paying business careers as well.

Sources from the Bureau of Labor Statistics concluded that the highest paying business careers relate to the following majors:

  1. Entrepreneurship
  2. E-commerce
  3. Marketing
  4. Finance
  5. Human Resource Management
  6. Economics
  7. Healthcare Management
  8. Global Business
  9. Business Administration/Management
  10. Accounting

Top Business Degrees in Demand

It’s not an easy thing to adapt to the market demands, yet we keep on searching for the most current trends to keep our professional skills always required. The world of business is dynamic, fast and ever-changing, however, there are some ever-green majors that will never leave you outside the industry. The top business degrees in demand for these contemporary times we’re living in are:

  1. Project Management
  2. Entrepreneurship
  3. E-Commerce
  4. Marketing
  5. Finance
  6. International Business
  7. Business Administration

You might notice that this list is inter-connected and practically the same with the list of highest paying business majors we mentioned above. Nevertheless, we still wanted to highlight the fact that except for the salary, the popular demand is also another aspect that determines the choice of a business degree.

Benefits of Getting a Business Degree

money

With so many different degrees available out there, one may wonder what the benefits of earning a business degree really are. You may ask yourself if a career in business will be fulfilling, or you will end up dissatisfied. Although the feeling of career satisfaction depends on different elements, we have gathered up four components that make the greatest advantages of having a business degree.

1. The high demand

According to the National Association of Colleges and Employers (NACE), business majors dominate the list of top majors in demand. The results of NACE’s survey on the 2018 Job Outlook shows that eight out of the ten top majors in demand by employers at the bachelor’s degree level fall in the business category continuing a shift away from high-tech majors.

2. The Competitive earning potential

Ever thought why are business careers paid so highly, and what makes business professionals be some of the wealthiest people in the world? The truth is that the world is going through a growing economy, globalization, and complex tax. That is why each company, corporate, or governmental body is seeking professionals that can foresee business changes ahead of anyone else. These business-savvy people are highly required to provide qualitative market research that leads to understanding the customer’s needs and product demands. Hence, their mesmerizing salaries.

3. The Job Versatility

Having a major in business opens countless doors for graduates. The skills that students learn during their studies can be used in a variety of aspects, as they have wide knowledge on finance, management, insurance, administration and other fields of doing business properly. By owning these skills, they can rest assured that they will always be fully participating in the labor market. If not in ambitious leadership roles, then at the very least they will have starting jobs that can ease their way to the corporate ladder.

4. Career flexibility

What’s constantly popular nowadays is the phenomenon of working from home and part-time. Thanks to technology, we can adapt our schedules and look for remote jobs online, as companies and corporates are hiring freelancers from all over the world. What matters to them in this scenario is that you get the job done, whereas your physical presence is not necessarily wanted. That’s why having a career in business can get you with many remote jobs in finance, accounting, sales, management consulting, actuary, etc. All you need is internet access and some self-discipline.

Online Business Degree

online learning

Connecting to our point above, we are entirely grateful to the internet for allowing us not only to work remotely but to also start off our careers at any point in our lives. That’s why online business degrees are very convenient options, depending on if we want to advance our professional skills or start them off from the very beginning.

A typical business major takes about four years of full-time study to complete. However, with online distance learning programs and fast-tracks to degree completion, it is possible to earn a bachelor’s degree in business management or administration in less time. The duration is really up to you and your willingness to commit fully, although you’re conducting virtual courses.

Online Business Degree Costs

The percentage of people choosing online learning over traditional learning is increasing, and that comes as no surprise. Clearly, the costs of online learning are lower as you don’t have to deal with accommodation, transportation, and other expenses related to pursuing a university degree. While the total average cost of traditional degree programs is around $85,000, an online degree only costs an average of $30,000 to complete, making it much more affordable for students of different backgrounds to get a proper education.

Is a Business Degree Worth It?

You tell us. We think the pros outweigh the cons (if there are any cons at all), and we hope we managed to reflect them through this article. Yet each decision is subject to personal interests. If a financial incentive is enough to make you pursue a degree in business, the same is not enough for other individuals. However, with a future this bright, it is a career path which we at the University of Potomac definitely recommend.

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