States

Getting an Online Business Degree in New Jersey

New Jersey has five major industry clusters that drive economic expansion in the state, according to a 2010 report by the state’s Department of Labor Workforce and Development, ranging from tourism to transportation to pharmaceuticals. This includes the leisure, hospitality, and retail industry, which makes up a whopping 24.5% of the state’s private sector workers. The transportation, logistics, and distribution industry employs 11.3% of the state’s private sector workers, helped by its location between New York City and Philadelphia. The bio/pharmaceuticals and life sciences industry makes up 3.9% of the state’s private sector workforce and had expanded 13.2% over the past five years, according to report figures. Major pharmaceutical firms based in the state include Pfizer, Johnson and Johnson, and Bristol-Myers Squibb.

Other major industry clusters include the finance, healthcare, technology, and advanced manufacturing sectors. The finance industry has a small employment base (5.9%) but contributed to 9.7% of the state’s GDP in 2010. Sixteen of the state’s top 100 employers are also finance and insurance firms. The healthcare industry has seen very consistent growth compared to other industries, adding the most jobs between 1990 and 2010. It is expected to grow by 1.3% annually through 2018. The technology industry makes up 10% of the employment in the state, though has declined by 9.7% since 2007. And the advanced manufacturing industry contributed to 3.6% of all state GDP output in 2009. The state also hosts more than 7% of all chemical manufacturing employment in the U.S.

As you can see, a great range of employment possibilities is available for someone entering the New Jersey market with a degree in business. You could get a sales job for a pharmaceutical company, or manage a restaurant or retail shop with a management degree. You could enter finance, working for a Fortune 500 company, after earning a business degree in economics. Or you could study marketing and work in the healthcare industry. Depending on your concentration, level of education, and interests, there are many doors that a business degree can open.

Of the nearly 70 schools in New Jersey, 12 of them are accredited by the AACSB, the highest standard of achievement for business schools worldwide. Two of the state’s most renowned public schools, the College of New Jersey in Ewing Township and Rutgers University, at both its Camden and Newark/New Brunswick campuses, have this distinction. The College of New Jersey is ranked among the top regional universities in the North by U.S. News & World Report, and it offers undergraduate business programs in accountancy, business administration, and economics. Rutgers is ranked among the top national universities by U.S. News, and its business school in particular is also ranked among the best in the country, offering programs at the undergraduate, master’s, and doctorate levels.

If you’re interested in studying business online, Rowen University in Glassboro offers an AACSB accredited online business degree, specifically a Master of Business Administration. Other online business degree programs students may consider include national institutions of higher education, such as the University of Phoenix. Both of these schools have campus locations in New Jersey as well and offer bachelor’s and master’s degree programs in business.

New Jersey has five major industry clusters that drive economic expansion in the state, according to a 2010 report by the state’s Department of Labor Workforce and Development, ranging from tourism to transportation to pharmaceuticals. This includes the leisure, hospitality, and retail industry, which makes up a whopping 24.5% of the state’s private sector workers. The transportation, logistics, and distribution industry employs 11.3% of the state’s private sector workers, helped by its location between New York City and Philadelphia. The bio/pharmaceuticals and life sciences industry makes up 3.9% of the state’s private sector workforce and had expanded 13.2% over the past five years, according to report figures. Major pharmaceutical firms based in the state include Pfizer, Johnson and Johnson, and Bristol-Myers Squibb.

Other major industry clusters include the finance, healthcare, technology, and advanced manufacturing sectors. The finance industry has a small employment base (5.9%) but contributed to 9.7% of the state’s GDP in 2010. Sixteen of the state’s top 100 employers are also finance and insurance firms. The healthcare industry has seen very consistent growth compared to other industries, adding the most jobs between 1990 and 2010. It is expected to grow by 1.3% annually through 2018. The technology industry makes up 10% of the employment in the state, though has declined by 9.7% since 2007. And the advanced manufacturing industry contributed to 3.6% of all state GDP output in 2009. The state also hosts more than 7% of all chemical manufacturing employment in the U.S.

As you can see, a great range of employment possibilities is available for someone entering the New Jersey market with a degree in business. You could get a sales job for a pharmaceutical company, or manage a restaurant or retail shop with a management degree. You could enter finance, working for a Fortune 500 company, after earning a business degree in economics. Or you could study marketing and work in the healthcare industry. Depending on your concentration, level of education, and interests, there are many doors that a business degree can open.

Of the nearly 70 schools in New Jersey, 12 of them are accredited by the AACSB, the highest standard of achievement for business schools worldwide. Two of the state’s most renowned public schools, the College of New Jersey in Ewing Township and Rutgers University, at both its Camden and Newark/New Brunswick campuses, have this distinction. The College of New Jersey is ranked among the top regional universities in the North by U.S. News & World Report, and it offers undergraduate business programs in accountancy, business administration, and economics. Rutgers is ranked among the top national universities by U.S. News, and its business school in particular is also ranked among the best in the country, offering programs at the undergraduate, master’s, and doctorate levels.

If you’re interested in studying business online, Rowen University in Glassboro offers an AACSB accredited online business degree, specifically a Master of Business Administration. Other online business degree programs students may consider include national institutions of higher education, such as the University of Phoenix. Both of these schools have campus locations in New Jersey as well and offer bachelor’s and master’s degree programs in business.

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