Types of Business Degrees

There are 4 types of business degrees from which you will have to choose a unique major specialization that helps achieve your career goals. Read this article to know more about the types of business degrees.

Updated by Sreelekha R K on 21st August 2020

What is a Business Degree?

It is a degree that’s intention is to focus on learning basic business concepts and implementing it across industries and markets, including entrepreneurship, management, marketing, and more to motivate and enhance your knowledge in order to pursue a career in the business areas.

You will have to consider a few factors before choosing a type of course which is mentioned below:

  • The quality amount of time you are ready to commit for the course.

  • Your professional goals and the degree that will assist you to achieve the goals.

  • The particular skills you are willing to inherit from a program.


Types of Business Degree

There are different business degree programs available at every degree level, that includes associate, bachelor's, master's, and doctorate levels at different colleges, universities, and vocational schools. Basically, there are 4 types of business degrees from which you will have to choose a unique major specialization that helps achieve your career goals and they are discussed further in a detailed manner.

Associate's Degree in Business

It is a degree in business administration that involves providing technical knowledge and necessary skills to the students in order to pursue a profession or job in just 2 years. For an associate degree in general business, most schools require students to take general education coursework, including courses in English, history, math, natural science, psychology, and sociology, in addition to business courses.

  • The average cost per year for tuition is around $3580.

  • The program length is 2 years.

  • The average income per anum is approximately $52000.

  • Credits Requirement: 60-70 credits 

Courses that can be taken are as follows:

  • Business Management

  • Business Communication

  • Human Resource

  • Finance

  • Accounting


Bachelor's Degree in Business

It is a degree that helps you in developing knowledge in principles and foundation of the business. It teaches how to manage operations that are taken place in a business organization. In business programs, students can learn about management, administration, leadership, international business, global diversity, and business technology. Career after doing a bachelor's in business largely depends on the area of concentration and courses you choose. But mostly students prepare their career as financial consultants, personal bankers, marketing managers, loan officers, administrative assistants, secretaries, and entrepreneurs

  • The average cost per year for tuition is approximately $9980.

  • The program length is 4 years.

  • The average annual income is over $50000.

  • Credits Requirement: 120 credits

Courses that can be taken are as follows:

  • Accounting

  • Finance

  • Economics

  • Statistics for Business

  • Ethic


Master's Degree in Business

As one of the most popular graduate programs in any field, the Master’s degree is designed to develop the leadership, communication, decision-making, and organizational skills that are required for upper-level management. Traditional masters require two years of graduate studies after the baccalaureate level, but there are now many different options available for earning an Accelerated MBA, Online MBA, or even an Executive MBA. 

  • You should be having a bachelor’s degree in order to admit to this course.

  • The average cost per year for tuition is around $8670.

  • The program length is 1 to 3 years.

  • The average annual income is approximately $97248.

  • Credits Requirement: 50 to 70 credits

Courses that can be taken are as follows:

  • Business Analytics

  • Human Resource Management

  • Healthcare

  • Marketing

  • Finance


Ph.D. Degree in Business

These are the programs that focus on preparing students for academics and to perform highly improvized scholarly research, in theory, and practical. It focuses on the development of new theories in consulting, economics, and various other related business fields. 

  • The average cost per year for tuition is approximately $10860.

  • The program length is a minimum of 4 years.

  • The average annual income is around $118000.

  • Credits Requirement: There are no credit criteria for this.

Courses that can be taken are as follows:

  • Marketing 

  • Information Systems

  • Supply Chain Management


What can you do with a Business Degree?

There is a wide range of career opportunities for students with a business degree. In any industry or company, there will be n number of job openings for graduates with this degree and few of them are as follows.

  • Human Resource Manager

  • Business development manager

  • Business administration officer

  • Business analyst

  • Marketing manager

  • Business development manager

  • Accountant

  • Supply chain manager

  • Financial advisor

  • Operations manager

  • Bookkeeper

  • Logistics manager

  • Product manager

  • Project engineer

  • Economist


Business Degree Specializations

There are many degree specializations in the field of business out of which you will have to choose on the basis of your personal interest (keeping your future in mind). Here are a few popular specializations:

  • Public relations and advertising

  • Business management

  • Supply chain management

  • International business

  • Marketing

  • Sports management

  • Hospitality

  • Economy

  • Human resource

  • Accounting 


Online Business Degrees

It is exactly like a traditional business college but the interactions between professors and students will happen online with the help of the internet. This system makes use of every learning technology like canvas, board which helps students to understand the subjects that are related to business. When you are looking for an online degree program, you will have to check for a few important criteria.  

  • Make sure that the college is accredited is accepted by the state or province you belong to. Accreditation ensures that the school and program adhere to high educational standards.

  • If you're planning on transferring credits, pursuing an advanced degree, when you enter the workforce, you can feel confident that the credits and degrees you obtained from an accredited institution will be recognized.

  • Since you are learning online, it is necessary to have easy access to student support to clear all your doubts regarding the course.

  • Online courses may vary based on the programs, it is better to take advice from the enrollment officer in school regarding the resources to be provided.


Popular Schools that Offer Business Degrees


You May Read:-

Accreditation Council Business School And Program

International Accreditation Council of Business Education