What Areas of Study with an Onine Business Degree are the Most Lucrative?

Online colleges offering full online degrees have grown steadily in the last decade

. But, what has propagated these phenomena? What the top online degrees? Why are online degrees becoming so popular? Recent data shows that while trends to change from time to time, some areas colleges remain popular with online students. These studies are in criminal justice, health care, information technology, and, business.

Let as take a further look at business degrees and why they are consistently at the top of the list. The business world, as you might suspect, is competitive. To succeed in your business career, you have to distinguish yourself from your competition. Some ways to do this are: Gaining more job experience, earning a promotion, becoming an expert in your niche, and advancing your education.

One advantage of online business degrees is that they are offered at many levels of study, including associate degree level, bachelor degree level, masters degree level (MBA) doctorate degree level (DBA), and also business certificates at the graduate and undergraduate level. An online degree is thus an opportunity to set yourself aside from your competitors.

The Masters in Business Administration degree (MBA) has made its mark as an industry standard, especially for those moving beyond entry-level positions to mid-level business management responsibilities. Most students completing their MBA degree online are simultaneously employed and are looking to continue earning earn income while still getting an advanced education.

Another advantage of online businesses degrees is that there many concentrations and specific majors to choose from including: Finance, accounting, human resources management, ecommerce, labor relations, risk management, project management, business leadership, organizational management, international business, operations management, entrepreneurship, supply chain management, retail management, sport management, organizational management, etc. This certainly makes the area of business administration studies unique.

Online business programs use student-centered instructional approaches to enhance learning outcomes. These strategies include: enhanced student-to-student and instructor-to-student communication; customized approach to education tailored to students' learning styles and schedules; providing 24/7 access to learning tools and materials; and using just-in-time approaches for student assessment and evaluation.

A big plus for online business management business is dedication flexibility in teaching approaches and their course scheduling. Unlike most traditional learning environments, getting your degree online assumes that you do not have to commit to being physically present in class. Attending a virtual classroom is perfect for professionals who have a busy work and/or family schedule. One thing to keep in mind however is that you should inquire from the college whether classes are synchronous, asynchronous, or a combination of both instructional delivery methods, as some learning activities may require synchronous communication such as chats and group activities.

The United States Department of Education reports that 20% of college students elect business studies. As discussed, the many areas of focus in business studies are perfect for many professional areas such as finance and accounting, marketing and sales, and small business management. In fact, in the U.S. the most popular area of concentration is accounting, which in itself has various areas of concentration e.g. financial accounting and tax accounting.

Other areas in the business major that continue to see growth and stability area economics and finance. Also, businesses are seek to employers are always seeking to hire marketing graduates, especially with the changing trends in Internet marketing, and the way that businesses do their marketing, sales, and advertising. This has also influences the world of e-business and e-commerce or e-business.

The United States Bureau of Labor Statistics predicts that employment in advertising, marketing, sales, and promotions should see a 12% growth from 2006-2016. During that same period, accounting jobs are expected to grow by about 18% due to the expanding economic market and increasing regulatory reforms. While earnings vary by industry, education, and professional experience, some reported potential earnings are: $106,790 for sales managers, $97,170 for public relations managers, $96,000 for project management positions, $113,400 for marketing managers, and, and $137,000 for financial analysts.

Business professionals are work in virtually about any industry that you can think of including education, financial institutions, not-for-profit bodies, manufacturing, entertainment, and sports and entertainment among others. Each business and industry needs a range of skills from its employees making it important to make an informed decision on what you would like to focus on to succeed. Also, it is advisable to conduct detailed research on which program best suits your needs. Finally, it is important to really only consider online universities that are accredited and recognized.

What Areas of Study with an Onine Business Degree are the Most Lucrative?

By: Sophia Peters

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