Bachelor of Science
A Bachelor of Science in Business is one of the most popular bachelor’s degrees offered today. Of the approximately 1.6 million bachelor’s degrees awarded in 2008-2009, the largest amount — 348,000 — were awarded in fields of business, according to the National Center for Education Statistics.
The reason so many students pursue business degrees online or in traditional formats is because they want to qualify for the some of the best jobs in management, finance, marketing, insurance, accounting, investments, banking, and other areas. An increasing number of jobs require a bachelor’s degree as a minimum educational requirement even for entry-level positions, and some people have found that they having difficulty moving up in their current career without a bachelor’s degree. In general, people with bachelor’s degrees earn more on average and have lower rates of unemployment than those with associate degrees, according to the U.S. Bureau of Labor Statistics.
Aside from the broader range of jobs you can get with a business degree, students pursue a Bachelor of Science in Business to receive a thorough education in all core areas of business, from learning how to work with business software to how to communicate effectively on the job to employing effective principles of decision-making and problem-solving. In addition, students relish the opportunity to specialize in a certain area by pursuing a traditional or online business degree in accounting, international business, entrepreneurship, or finance, to name a few.
What Kinds of Courses Do You Take in a Bachelor’s Program in Business?
Students in a bachelor’s degree business program take courses in business communication, computer applications in business, management theory, accounting, business law and ethics, finance, and marketing. Other important courses in a bachelor’s-level business program include economics, quantitative analysis, statistics, and mathematics. Many of the courses you take will be directed by the specialization you choose. For instance, if you are pursuing an international business degree, you may take courses in global leadership and international trade, while management majors might take courses in organizational behavior and strategic business management.
Aside from these core courses, students take a full complement of general education courses. These courses are intended to provide a well-rounded undergraduate education. General education courses typically include psychology, sociology, English composition, English literature, speech communication, and the fine arts and humanities.
In a business student’s senior year, he or she may be required to complete an internship with a business organization and/or complete a capstone project. Internships equip business students with valuable on-the-job experience related to their major, while capstone projects are an opportunity for business students to demonstrate their business knowledge by writing and presenting an in-depth business strategy for an existing organization or drafting a detailed business plan for an entrepreneurial effort.
What Jobs Can I Get with a Bachelor of Science in Business?
Some jobs you can obtain with a bachelor’s degree in business include many management occupations, including administrative services managers; advertising, promotions, and marketing managers; compensation and benefits managers; financial managers; sales managers; and top executives, according to the BLS. Other business degree jobs include careers in accounting, auditing, banking, insurance, meeting/event planning, financial advising, financial analysis, and operations management.
The average annual salary for business disciplines was $48,144 in 2011, according to the National Association of Colleges and Employers (NACE) salary survey. Remember, however, that salaries can vary greatly based on your experience, where you live, the size of your employer, your particular business discipline, and other factors. Having a business degree does not guarantee you a job, and graduates often start out at lower pay grades and work their way up to higher-paying positions as they gain experience.
Schools That Offer a Bachelor of Science in Business
A wide variety of colleges and universities offer traditional and online business degree programs at the bachelor’s level. One such school is Post University Online, which offers a Bachelor of Science in Business Administration online through small, interactive classes in eight-week modules that allow students to accelerate their learning. Texas A&M University-Commerce also offers an accredited online Bachelor of Science in Business Administration designed for working adults. Another example is Argosy University, which offers an online bachelor’s program in business with seven different concentration options, including accounting, healthcare management, marketing, and organizational management. These are only a sampling of the hundreds of quality higher education institutions offering traditional and online business degrees.