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The Most Popular Online Degrees for Business Majors

With the expansion of distance learning, these degrees are among those that business students frequently choose to pursue online



By Curtis Ross
Posted 2012

Most Popular Online Business Degrees
Most Popular Online Business Degrees

Any businessman wants the greatest return on his investment. He or she also wants to eliminate unneeded expenses.

 

Pursuing a business degree online does away with expenses such as transportation and housing associated with on-campus education.

 

Additionally, online studies can more easily be fitted around a work schedule, allowing the student to continue drawing a paycheck while earning a degree.

 

Four Popular Online Business Degrees

 

Among the most popular degrees available online for the business student are:

 

Accounting. Accountants take care of financial records for companies or individuals. They make sure that all financial records are accurate and up-to-date. They also ensure that all due taxes are paid on time. They perform assessments that keep organizations running efficiently.

 

Accountants must earn a bachelor’s degree at minimum, and many organizations prefer their accountants hold a master’s.

 

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The U.S. Bureau of Labor Statistics (BLS) forecasts 16% growth in this field between 2010 and 2020. Average median salary in May 2010 for accountants was $61,690.

 

Management. A general manager is in charge of getting employees to do what is necessary for the organization’s success. They are leaders who need to be able to see the big picture. They are responsible for inspiring and motivating employees, keeping morale high and meeting goals.

 

While some management positions are open to bachelor’s degree holders, it is increasingly common for those positions to require a Master’s of Business Administration (MBA). Fortunately, many schools offer online MBA programs.

 

Average salaries range from $80,000 to $120,000. Top executives can earn much more. Salaries and perks vary  depending on the organization and industry.

 

The highly competitive field is unlikely to see a great deal of growth in the near future.

 

Human Resources. Human resources oversee the administrative functions of an organization. They are in charge of recruiting, interviewing and hiring new employees. They collaborate with other executives on planning. They serve as the link between management and employees.

 

A bachelor’s degree in human resources or business administration is required for most positions. If the student’s school does not offer a human resources degree, he or she can pursue another field while taking courses in human resources subjects such as labor or industrial relations, organizational development or industrial psychology.

 

Upper-level human resources positions likely will require an MBA or a master’s degree in human resources or labor relations.

 

Average median salary for human resources managers in May 2010 was $99,180. Growth in the field for the period from 2010 to 2020 is projected by the BLS at 13%.

 

Project Management. Project managers provide organizations with the knowledge, skills, tools and techniques to plan and execute projects on time and on budget.

 

Project management can involve anything from launching a Web application to relocating a factory to planning the Olympics.

 

Rather than earning a bachelor’s degree in project management, many students pursue programs in the fields they wish to enter and then earn a master’s degree in project management. Many schools offer online master’s degree programs in project management.

 

Average salary for project managers is $84,000. Employment growth in the field depends greatly upon the industry.

 

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