Online colleges offering full online degrees have grown steadily in the last decade. But, what has propagated these phenomena? 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 degree programs are in criminal justice, health care, information technology, and, business.Let as examine why degrees in business have remained on the popularity list for so long. What sets them aside from other degree programs? As you can imagine the field of business is a competitive one, and to be successful one must be able to stand out from the crowd: You can do this by: advancing your education, getting a promotion, getting more professional experience; and becoming an expert in your particular niche.A major advantage of online business degrees is that you can complete your training at various levels. These are associate degree (AS or AA) bachelor degree (BBA or BSc), doctorate degree (DBA), masters degree (MBA), Also, you can complete additional business certifications for example health care management, risk management, Six Sigma, and project management. Thus, the online degree option is a chance to advance your career and set yourself aside from your competitors.The MBA has certainly made its mark as the industry standard for measuring success and accomplishment in business. This is more so for those who are in mid-level business management positions, and those who what to move beyond entry-level positions to more challenging tasks and responsibilities. The demographics show that many students enrolled in online MBA degree programs work and take class simultaneously.An additional advantage of considering pursuing an online business administration degree is that there are multiple areas of focus to choose from including: accounting and finance, business leadership, human resource management, e-business, risk management, organizational management, project management, international business, marketing and sales, small business management, operations management, retail management, sport and entertainment management, and information technology management to mention a few areas of focus. This wide selection does make business administration stand out from other degree programs.Online business degree programs apply student-centered instructional strategies to improve learning outcomes. These approaches include: enhanced instructor-to-student communication and student-to-student; customized approach to instruction that matches students’ learning styles and work schedules; easy access to learning tools and materials any time and place; and using authentic approaches to evaluation and assessment.A selling point for online business management is their dedicated approach to flexibility in scheduling and teaching. Unlike in many brick-and-mortar colleges, completing a degree online assumes you do not have to be physically present to complete your course requirements, and attending a virtual classroom is ideal for those with busy family and professional schedules. However, do keep in mind that some courses may require asynchronous, synchronous, or a combination of both communication modes.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 business with an increasing or steady demand are finance, and economics. In addition, employers are always seeking to hire graduates with marketing degrees. This makes sense given that the Internet created new way conducting business. The web acts as a platform for sales, advertising, business interaction, and business promotion. Related to this phenomena is e-commerce or e-business, another growing area in the business world.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.
Is an online business degree more affordable than traditional college? This is a question that has been asked many times, the answer to this question is not simple so we cannot answer it in just one sentence. Instead, in this article I will be teaching you the differences between an online business degree’s costs versus traditional college or university classes.Let’s talk about the prices of an online business degree:In general an online business degree will cost you anywhere from $13,000-$70,000 depending on the University or college that you apply to. Many universities that are local to you also offer an online education/distance learning section that you can use to take your business classes online. Depending on the school you may or may not pay up to double for your tuition to be able to do it online. There are also several private colleges and universities online that will allow you to complete your online business degree. These colleges and universities may or may not be accredited properly, so you should take the extra time to check their validity to make sure that they have proper accreditation.You may wonder why an online class is just as much or even more (double in some cases), the reason is that an online class will require your online business degree’s professor to do a lot more maintenance to the website or online interface that you use for your education. This reason alone can double the amount of work that your college professor will have to do, and now they will not just have have education and grading to worry about, but also a website that needs to work 24/7. These reasons here are responsible for some the inflation that you may notice across the board.Now that we have gotten the tuition parts out of the way, let’s focus on of the cost and fees that you will incur seeking an online degree. In addition to your tuition, you also have other costs and fees for things that you need while you are taking your online business program. Some of these things include the following:
Trips to and from school (certain activities may be required)
Phone expenses laboratory fees and expenses
As you can see, these items can surely add up to be a lot more than expected, which is why I mentioned it so that you are better prepared when getting ready to enroll in your class.