The most popular degrees at both the undergraduate and graduate levels, business programs offer some of the most applicable and flexible training available. Graduates can apply their training to many business and financial occupations or explore interdisciplinary options.
This page examines what students can expect from a business degree program. It highlights the different degree levels, challenges, courses, and specializations. With this information, prospective students can better prepare themselves for their studies and ensure they choose the most appropriate program for their needs.
Every business degree level features a different length, curriculum, and course load. These programs can offer foundational or general business training, or they may delve into advanced or specialized material.
The best online business degrees provide students with electives or concentrations that allow them to focus on areas of personal or professional interest.
These top business administration associate degrees prepare you to start your own business, pursue a lucrative career, or transfer to a four-year program.
Read nowAssociate degrees in business administration typically focus on introductions and principles of the discipline. Students pick up entry-level skills for various business sectors, including administration, accounting, and marketing.
Some of the course topics may include human resources, finance, and economics, along with general education training. While few programs offer specializations at this level, learners can choose a direction through their electives and practicums.
Finding the best business administration degree online can seem overwhelming. To help, we've ranked our top picks based on cost, convenience, and quality.
Read nowBachelor's degrees often provide comprehensive business training, teaching students about the core operations within most organizations. The training usually touches on each of the major elements of the field, including courses in marketing, finance, and accounting.
Students may encounter specializations, which allow them to delve deeper into an area of interest, such as entrepreneurship, leadership, and international business. In addition to business expertise, learners develop skills in project management, communication, and business technology.
You can earn a bachelor ofbusiness administration degree onlineor in person.
Overwhelmed by MBA options? We rounded up the best online MBA programs to help you decide which one is right for your personal and professional goals.
Read nowMany schools offer diverse business master's degree options, including a master's of business administration (MBA) or a master's in business management. Within these programs, students can usually specialize in finance, consulting, and operations management. While graduates may work in the same careers from these programs, the experience and entrance requirements can differ.
Graduate business students typically develop leadership and strategic and critical thinking skills, while the best MBA programs also provide entrepreneurial and networking abilities. MBA programs tend to appeal to experienced professionals seeking a terminal degree, whereas traditional master's programs may lead to a doctoral program.
A doctorate in business prepares you with the financial, managerial, and research skills to help you advance as a business leader.
Read nowProspective doctoral students can pursue two types of business degrees: a doctor of philosophy (Ph.D.) and a doctor of business administration (DBA). A Ph.D. focuses more on research and prepares learners for careers in academia, whereas a DBA emphasizes practical training for the business world.
This advanced training teaches skills in strategic management and operations, decision-making, and data analysis. Learners may take courses in organizational behavior, management strategies, and quantitative and qualitative research and analysis. Many programs also feature an extensive research project or dissertation.
In addition to the general education and core training available in business degrees, students can often pursue specializations that focus on a specific area of business.Concentrations allow learners to develop expertise in a certain field while also leading to specialized employment opportunities.
Business students can identify their ideal specialization by trying out different electives. While not an exhaustive list, here are some of the possible specializations available in business programs:
Each business degree offers a unique blend of courses, assignments, and practical training. However, it may be helpful for prospective students to look at the typical program format, structure, and expectations.
Business programs feature an extensive scope, and some subjects can prove difficult. Courses like accounting and economics, for example, may be challenging for students who struggle with mathematics. Fundamental courses in these subjects appear in earlier semesters to help students build a solid foundation for the rest of their program.
Thankfully, most schools offer many academic support resources to help learners get through the difficult stages of their coursework, including tutoring and study groups.
Business degrees feature a considerable number of group projects. These assignments help students build teamwork, collaboration, and interpersonal skills, which can prove very valuable for business professionals.
Group work may be time-consuming and daunting for some, but it can help lay the foundations for future interdepartmental assignments and professional networking. Prospective business students should also expect to present for many of these assignments. This aids in the development of public speaking confidence and communication skills.
Many business programs feature a substantial number of case studies throughout. These practical scenarios help illustrate specific principles and allow learners to apply critical thinking and lessons from their training to solve the presented problems.
Case studies appear in many business classes, such as operations management, leadership, and business foundations courses. Students in these lessons often work in groups, participate in discussions, and present their solutions.
Business degrees tend to include core, general education, and elective courses. Core courses may include topics like accounting, marketing, and business principles. Learners can choose electives from a list of complementary disciplines, such as global economics, international trade, and buying behaviors.
In some programs, students can choose electives from unrelated fields. However, most learners pick business-adjacent courses. Students can take electives to not only help identify potential specializations, but also can form part of an informal concentration. Degree-seekers can even create informal concentrations with them.
Business degrees provide ample opportunities for students to build a professional network. In fact, many programs encourage building these connections by throwing alumni networking events and inviting current and aspiring business owners to join school accelerators and incubators.
Learners can connect with teachers and peers who may prove helpful at some point in the future. Students should prepare for these opportunities and not take building friendships and contacts lightly.
Internships play a large role in business degrees at the bachelor's level and beyond. These work placements provide opportunities for students to build work experience. Internships can also lead to later employment with the same company.
For that reason, students should take internships seriously and choose them carefully. They need to think about the type of experience they want and the type of organization they want to be employed by. Many major corporations accept interns, such as Facebook, Google, and Nestle.
While all postsecondary programs can be difficult, the typical business degree should be no harder than most other programs. Courses with mathematics can cause difficulty for some, but students with strong critical thinking and problem-solving skills should find success. Learners should also lean on the available academic support services, such as tutoring and writing coaching, to get them through the tough patches.
MBAs present different challenges. These programs can be very involved and intensive, requiring a significant time investment and commitment to the experience. While getting a passing grade may not be all that difficult, MBA students should fully engage with the work, their classroom environment, and networking opportunities to get the most out of the program.
No. Broad training introduces learners to many disciplines, allows them to find their strengths and interests, and prepares them to work in a variety of fields. These degrees also provide postgraduate flexibility.
Yes. Business degrees can be very useful. They provide access to many different industries and professions, including most business, financial, and management occupations.
Mathematics-heavy business programs, such as accounting, finance, and management science, tend to be the hardest. However, the hardest business major depends on the individual student.
Krystal Covington, MBA, is a business growth strategist with 15 years of experience in marketing and public relations. Her company, Go Lead Consulting, provides clients foundational tools to build new client and customer relationships.
Covington founded Women of Denver, one of the largest privately held membership organizations in Denver, Colorado. Her program helps women increase their business acumen, sharpen leadership skills and connect with other high-achieving women. Covington received her MBA from Western Governors University in 2012.
Krystal Covington is a paid member of the Red Ventures Education freelance review network.