Many schools offer online degree programs in business administration, which include management courses, at the bachelor's and master's degree levels. These programs are often completely online, with students accessing video lectures and course materials any time, within specified time limits. Hybrid programs in business administration, which entail a combination of online and on-campus instruction, are also offered in some schools. Students can communicate with their instructors and with other students through the Internet as well.
For undergraduate studies, individuals can pursue either a Bachelor of Arts (B.A.) degree in Business Administration or a Bachelor of Business Administration (BBA) degree. In these degree programs, students will get a general background in business principles through courses that may include finance, accounting, business law and human resources management. Some programs allow students to choose a concentration in management, with courses including workforce diversity, business ethics, global strategies and sales management.
Master of Business Administration (MBA) programs may offer several options for specialization, including concentrations in environmental management, supply chain management and organizational management. These programs help students develop their administrative and leadership skills. All students generally complete core courses in subjects such as business communications, research and statistics, and organizational behavior. A bachelor's degree in a related field is needed to enroll in an MBA program.
Bachelor's Degree - Business Administration
Students who are working toward a Bachelor of Arts (B.A.) in Business Administration or Bachelor of Business Administration (BBA) take courses in various business disciplines, such as marketing, finance and human resource management, and often pick one of these areas as a concentration. They also build skills in critical thinking, project management, leadership, financial responsibility and logistical problem solving. A high school diploma is the most common prerequisite for online bachelor's programs in business administration.
Information and Requirements
Bachelor's degree programs in business administration usually take 4-5 years to complete. Online instructors typically use audio and video presentations, traditional texts and online chat rooms to create virtual classroom settings. A course management system might be used to keep track of class materials and assignments.
On both the bachelor's and master's levels, online students generally need access to a computer with high-speed Internet. Since some classes require research papers and presentations, students might need word processing and presentation software, as well as printing capabilities. Communication with instructors and classmates is usually conducted via e-mail, phone or online chat rooms.
Courses in Business Administration at the Bachelor's Level
Undergraduate business administration programs give students a comprehensive overview of the principles and theories in different areas of business, such as marketing, management, accounting, finance and business law. These courses are meant to provide students with a thorough education in running and operating a financially successful business.
Basics of Accounting
This course introduces students to the basic principles and practices of general corporate accounting. Interacting and working with individuals outside the company and the importance of accounting reports are emphasized.
Basics of Human Resource Management
Students explore and analyze effective personnel management, inter-office communication and theories of motivation. Current standards and practices and unique legal issues are also topics of interest.
Strategies of Business Management
This course uses case studies to look at the short- and long-term impact of management decisions. Special topics include the formulation, implementation, evaluation and control of solution strategies.
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- Purchases, Acquisitions, and Contracts Management
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Master's Degree - Business Administration
Most students who are working toward a Master of Business Administration (MBA) are looking to advance their careers into the upper management range. MBA students learn to seek out and identify problems and implement solutions in areas such as personnel, organization, marketing and finance. Graduate programs in business administration can be usually finished in 2-3 years, and a bachelor's degree in a related field is generally a prerequisite.
Courses in Business Administration at the Master's Level
Courses in business administration at the master's level continue to build on the theories and principles of business learned at the undergraduate level. They also offer a chance for further concentration in one or more areas, such as finance, human resources, marketing or international business.
Principles of Managerial Economics
This course teaches students how to make managerial decisions from an economic standpoint. It covers economic theory and analysis through a non-calculus-based curriculum and highlights the discovery and implementation of practical economic solutions.
Principles of Managerial Marketing
Students explore various marketing tools and methodologies, as well as their evaluation and use by corporate managers. The course pays close attention to product development and design, advertising strategies and distribution methods.
Legal Issues in Management
The study and comprehension of business law is at the center of this course, with special attention given to corporate law. Students examine case studies, government and securities regulations, ethics, anti-trust and employment laws, contracts and torts.
Graduates of online bachelor's programs in business administration should have the knowledge and skills to be successful in a variety of careers. The Bureau of Labor Statistics (BLS) reported, as of May 2015, the average annual wages of $42,900 for retail store managers, $75,280 for staff accountants, and $134,330 for financial managers. Career change and transition are frequent in the business world, and job opportunities can be found everywhere from small towns to big cities.
Graduates will find that an MBA, along with extensive work experience and documented success, is crucial to securing a high-level executive position within a company. In May 2015, the BLS reported average annual salaries of $185,850 for chief executives, $140,660 for marketing managers, and $95,320 for financial analysts. Competition for executive positions is keen since the number of qualified applicants far exceeds the number of job openings.
Online degree programs in business administration, which allow students to specialize in management, are offered by many schools at the undergraduate and graduate level. These programs may be completed entirely online, although a hybrid format that combines online and on-campus instruction is available in some schools.