Business degrees help students develop the critical thinking, financial, management, and decision-making skills needed to contribute to a variety of organizations and industries.
According to the National Center for Education Statistics, business continues to be one of the most popular college majors.
The popularity of business degrees is due in part to their versatility. Graduates can find work in a range of positions across virtually any industry, including marketing, management, and finance. Data from the Bureau of Labor Statistics (BLS) projects faster-than-average job growth for business and finance professionals between 2022 and 2032.
Business is often a lucrative career choice, too. In just one example, graduates with a bachelor's degree in business are qualified to work as entry-level management analysts, who earned a median salary of $95,290 per year as of 2022, according to the BLS.
Finding the right program for you isn't just about finding the cheapest online business degree.
This guide ranks the most affordable online business bachelor's degrees to help students find the right programs for their needs. It also covers other important information for prospective students, including common courses, admission requirements, and potential business careers and salaries for graduates.
Featured Online Business Programs
Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
Affordable Business Program Rankings Summary
Rank | School | In-State Tuition | Out-of-State Tuition | Acceptance Rate |
---|---|---|---|---|
#1 | Excelsior College Albany, NY |
Not provided | Not provided | Not provided |
#2 | The University of West Florida Pensacola, FL |
$3,735 | $16,004 | 53% |
#3 | University of the Cumberlands Williamsburg, KY |
$9,875 | $9,875 | 85% |
#4 | Indiana University East Richmond, IN |
$7,170 | $20,277 | 81% |
#5 | Dickinson State University Dickinson, ND |
$6,474 | $8,294 | 99% |
#6 | University of Missouri, Columbia Columbia, MO |
$10,017 | $28,992 | 77% |
#7 | SUNY Empire State College Saratoga Springs, NY |
$7,070 | $16,980 | Not provided |
#8 | Central Methodist University Fayette, MO |
$6,240 | $6,240 | 100% |
#9 | Tarleton State University Stephenville, TX |
$4,416 | $14,208 | 57% |
#10 | Bellevue University Bellevue, NE |
$7,560 | $7,560 | Not provided |
Most Affordable Online Bachelor's in Business
We use datasets from sources like the National Center for Education Statistics to inform the data for these schools.
#1 Cheapest Online Business Bachelor’s Degrees of 2024
Excelsior College
Albany, NY - 4 years
- Online
Programmatic Accreditation: International Accreditation Council for Business Education
Cost per Credit:
In-State | $510
Out-of-State | $510
Credits to Graduate: 120
Excelsior College offers two fully online bachelor's degrees in business. One leads to a bachelor of professional studies in business management. The other bestows a bachelor of science in business.
The bachelor of professional studies program mainly appeals to first-time undergraduates. Core components cover business management, project management, leadership, human resources, finance, international business, and more.
Designed for working adults, the bachelor of science program offers concentrations in accounting, finance, general management, human resources, logistics, and marketing. Both programs feature generous transfer credit policies that can significantly accelerate students' graduation timelines.
#2 Cheapest Online Business Bachelor’s Degrees of 2024
The University of West Florida
Pensacola, FL - 4 years
- Online + Campus
Programmatic Accreditation: Association to Advance Collegiate Schools of Business
Cost per Credit:
In-State | $219
Out-of-State | $342
Credits to Graduate: 120
The University of West Florida's online bachelor's in general business focuses on versatile, transferable business management skills with strong cross-industry applications. It holds the rare distinction of Association to Advance Collegiate Schools of Business accreditation — a certification held by less than 5% of business schools in the world.
Beyond core business skills, learners develop strong proficiencies in finance, marketing, and business technologies. With multiple start dates and excellent flexibility, the program offers enhanced appeal to working adults, career-changers, and undergraduate transfer students.
#3 Cheapest Online Business Bachelor’s Degrees of 2024
University of the Cumberlands
Williamsburg, KY - 4 years
- Online + Campus
Programmatic Accreditation: International Accreditation Council for Business Education
Cost per Credit:
In-State | $220
Out-of-State | $220
Credits to Graduate: 120
Kentucky-based University of the Cumberlands offers an online bachelor's in business administration program with four available concentrations. Learners can specialize in business administration, finance, retail marketing, or strategic marketing. All concentrations emphasize a common set of fundamental skills covering data-driven decision-making, effective communication, and organizational management.
Beyond its favorable cost profile, Cumberlands' business program features another important advantage: 96% of students receive financial aid. This helps students reduce their net cost of attendance and generate superior returns on their educational investment.
#4 Cheapest Online Business Bachelor’s Degrees of 2024
Indiana University East
Richmond, IN - 4 years
- Online + Campus
Programmatic Accreditation: Association to Advance Collegiate Schools of Business
Cost per Credit:
In-State | $242
Out-of-State | $353
Credits to Graduate: 120
Students in IU East's online BS in business administration program engage with a rigorous, practical curriculum. Coursework emphasizes both quantitative and qualitative approaches to problem analysis. Instructors help students build strategic, culturally sensitive business management toolsets.
The program supports eight minors, which essentially function as concentrations. Options include accounting, economics, entrepreneurship, finance, forensic financial investigation, informatics, marketing, and sports management. Coursework is 100% online, with a consortial model that leverages multidisciplinary faculty expertise.
#5 Cheapest Online Business Bachelor’s Degrees of 2024
Dickinson State University
Dickinson, ND - 4 years
- Online + Campus
Programmatic Accreditation: International Accreditation Council for Business Education
Cost per Credit:
In-State | $249
Out-of-State | $319
Credits to Graduate: 117-150
North Dakota-based Dickinson State University offers five 100% online BBA programs. Learners can major in accounting, business administration, esports administration, finance, or human resource management. The esports administration program marks a particularly unique offering rarely available at specially accredited business schools.
All five programs share a comparable set of foundational requirements. These core courses cover business law, management and leadership, organizational behavior, finance, marketing, and other essentials. Specializations offer deep dives into their respective subjects, covering an additional 18-31 credits, depending on the selected concentration.
#6 Cheapest Online Business Bachelor’s Degrees of 2024
University of Missouri, Columbia
Columbia, MO - 4 years
- Online + Campus
Programmatic Accreditation: Association to Advance Collegiate Schools of Business
Cost per Credit:
In-State | $617
Out-of-State | $734
Credits to Graduate: 120
The University of Missouri, Columbia, offers a 100% online business administration program that takes a holistic approach to business studies. Mizzou's online business program combines theoretical and practical learning and includes internship opportunities and a culminating capstone experience. Graduates have post-completion placement rates of 92% (in paid employment or advanced degree programs).
Students typically graduate in two years. Generous policies allow learners to transfer up to 66 credits from accredited colleges, which can further expedite program completion. Specialized accreditation from the prestigious Association to Advance Collegiate Schools of Business rounds out the program's value profile.
#7 Cheapest Online Business Bachelor’s Degrees of 2024
SUNY Empire State College
Saratoga Springs, NY - 4 years
- Online + Campus
Cost per Credit:
In-State | $295
Out-of-State | $708
Credits to Graduate: 124
SUNY Empire State's online BS in business administration is a cheap option for students who want to become leaders in business. The program provides a strong foundation in theoretical and practical knowledge in the areas of business, management, and economics.
Students looking to change careers may be able to get credit for learning gained through life experience — more than half of SUNY students save time and money this way. Admission requirements include proof of high school completion or a GED certificate as well as an essay.
#8 Cheapest Online Business Bachelor’s Degrees of 2024
Central Methodist University
Fayette, MO - 4 years
- Online + Campus
Cost per Credit:
In-State | $270
Out-of-State | $270
Credits to Graduate: 120
Central Methodist University's online bachelor's business programs lead to the student's choice of a bachelor of arts or a bachelor of science. Both designations share a common core focused on accounting, business management, marketing, and entrepreneurship, among other areas.
Instruction takes a practical approach, using case studies and hands-on pedagogical strategies. Students emerge well-prepared for business-focused, entry-level roles in both public and private organizations. The program also supports future business studies at the graduate level, making it suitable for students whose long-term plans include earning an MBA.
#9 Cheapest Online Business Bachelor’s Degrees of 2024
Tarleton State University
Stephenville, TX - 4 years
- Online + Campus
Programmatic Accreditation: The Association to Advance Collegiate Schools of Business, and Accreditation Council for Business Schools and Programs
Cost per Credit:
In-State | $424
Out-of-State | $710
Credits to Graduate: 120
Tarleton State University's online bachelor of business administration in general business is developed for students from diverse educational backgrounds — especially those who have previously earned non-business college credits. Courses in this doubly-accredited program include principles of microeconomics, marketing, human resource management, and business law.
TSU works to maximize students' existing education by leveraging what they already know into related areas of business. Learners may also be able to apply military, vocational, technical, or work-related credits toward their degree.
#10 Cheapest Online Business Bachelor’s Degrees of 2024
Bellevue University
Bellevue, NE - 4 years
- Online + Campus
Programmatic Accreditation: International Accreditation Council for Business Education
Cost per Credit:
In-State | $449
Out-of-State |$449
Credits to Graduate: 127
Bellevue University offers a 100% online BS in business administration for students who want to stand out in any business setting. With flexible courses and a student coach for support, this is a great program for anyone looking to balance their education with other responsibilities. Core courses include business ethics, principles of management, and applied statistics.
In addition to core business classes, students may customize their degrees with an additional emphasis on accounting, finance, HR, international management, marketing, business analytics, supply chain management, or interdisciplinary business.
Online Bachelor's in Business Programs Ranking Guidelines
We ranked these degree programs based on quality, curricula, school awards, rankings, and reputation.
What Is an Online Bachelor's in Business Degree?
A bachelor's in business is an undergraduate program that provides students with a background in business concepts, legal and social responsibility, and management. Many schools offer affordable online business degrees where students develop core skills in areas like accounting and quantitative methods, leadership, communication, financial analysis, and problem-solving.
The most affordable online business degrees attract many types of learners. Recent high school graduates looking for a flexible college experience may seek out online programs, while working professionals may choose an online business degree to help them advance in their careers while maintaining employment.
What Is the Admissions Process?
Norma Feriz-Gordon, a state-certified professional school counselor, knows what students should look for when considering an online business bachelor's degree program. Norma worked on the College and Career Planning Team in the NYC Department of Education. In her role, she established partnerships that support students and their families in the postsecondary planning process.
"Schools are looking for well-rounded individuals who are looking to gain a degree and be active participants in their learning process," Feriz-Gordon told TheBestSchools. "Many of the schools may evaluate GPA, a personal statement, transcripts, and other supplemental materials such as letters of recommendation from employers or teachers and counselors."
She also notes that the admissions process is usually the same for online and in-person programs. Make sure to check on deadlines and requirements before applying. Feriz-Gordon suggests students apply to programs without worrying about the cost. Once you've applied to the programs, and for state and federal aid and scholarships, you can make an informed financial decision.
Choosing an Online Program
Online programs differ in their learning formats and the concentrations they offer. These differences can help you choose the program best suited to your needs. Feriz-Gordon notes several questions you should consider:
-
Is the program fully online, or are there in-person requirements? -
If the program requires internships, can you fulfill the requirement locally? -
How long does the program take to complete as a full-time student? -
What is the graduation rate, and how does it compare to other programs'? -
What is the tuition and the average amount of financial aid students receive? Do they award scholarships? -
What are the student outcomes, including job projections and salaries? -
What career and alumni services do they offer? -
Do they offer assistance for students who need additional support, such as English language learners or those without reliable access to the internet?
She also stresses understanding the differences between various business majors. When choosing a school, you want to ensure it offers a program aligned with your academic and professional goals. A few of the business majors to consider include:
- Business Technology
- Business Administration
- Business Management
- Business Analytics
- Entrepreneurship
- International Business
One of the most important factors in your decision, regardless of the specific kind of program you choose, should be accreditation. Both institutions and individual business programs can earn accreditation. Accreditation ensures employers will recognize your degree and that you can easily transfer credits if necessary. Accreditation may also be required should you look to gain licensure. To receive federal student aid, learners must attend an accredited school.
"Prospective applicants should ensure that their program is recognized and searchable in the Database of Accredited Postsecondary Institutions and Programs," says Feriz-Gordon. "The online degree program should be accredited by either the U.S. Department of Education or the nonprofit Council for Higher Education accreditation, which is responsible for overseeing programs and educational institutions."
Business schools may receive accreditation from one of the following accreditors:
- Accreditation Council for Business Schools and Programs (ACBSP)
- Association to Advance Collegiate Schools of Business (AACSB)
- International Accreditation Council for Business Education (IACBE)
What to Expect From a Bachelor's in Business Program?
Students pursuing an online bachelor's degree in business can often choose from a variety of courses and concentrations. Offerings vary by program. Below, you can explore a few common courses and concentrations often found in online business degree programs.
Business Degree Concentrations
Marketing
A bachelor's degree in marketing teaches students how to identify marketing opportunities and develop and launch appropriate, forward-thinking business strategies. Courses cover topics like market research, consumer behavior, international marketing, and marketing communications. Graduates may work in areas such as advertising, sales management, distribution, and business marketing.
Finance
An online bachelor's degree in finance gives students knowledge and skills applicable to careers in corporate finance, real estate, international finance, banking, and investments. Courses cover topics like financial markets, financial analysis and planning, accounting, and risk management.
Economics
A bachelor's program in economics teaches students to research and analyze economic data and trends. With these skills, graduates can create economic forecasts and reports to advise companies on business policies and strategies. Common courses include intermediate micro and macroeconomics, capital markets, and international economics.
Management
A concentration in business management is a popular choice for many undergraduate business students. Common areas of study include organizational behavior, negotiation, entrepreneurship, and human resources management. Graduates can pursue managerial roles in diverse industries.
International Business
A bachelor's in international business examines global business concepts and perspectives. Common courses include international accounting and finance, management in a global economy, and cultural environments of international business. The concentration may also include study abroad experiences and foreign language courses.
Online Bachelor's in Business Degree Curriculum
-
Business Law
A course in business law explores the nature and function of law in a business environment. Learners study the legal system, various types of law, consumer issues, and contract formation and breaches. -
Principles of Management
This course provides an introduction to the basic managerial functions of planning, organizing, and leading businesses. Students learn to effectively lead employees by understanding individual needs and motivations. They often apply course concepts to practical workplace scenarios to study the roles and responsibilities of managers. -
Financial Management
This course examines the role of financial managers in large corporations, small businesses, and new business endeavors. Coursework covers topics like financial analysis, forecasting, asset and liability management, and fundraising.
Business Careers
Graduates with an online business bachelor's degree can pursue a variety of roles across diverse industries. Knowing which direction to go can feel overwhelming. Feriz-Gordon suggests, "A good first step is researching the positions you are interested in or even learning which positions are available based on the degree you would be earning. As you begin to tune into the roles available for that career trajectory, you can fine-tune the actual major or specific program that you pursue."
The following list outlines popular careers for business graduates, including common duties and potential salaries.
Management Analysts
- Median Salary (2022): $95,290
- Projected Job Growth (2022-2032): 10%
Management analysts, sometimes called management consultants, make recommendations to improve organizational efficiency. Many management consultants work as contractors rather than full-time employees. They may specialize in areas like healthcare or telecommunications.
Management analysts work closely with an organization's managers. Common tasks include interviewing and observing personnel, analyzing financial data, and developing solutions to problems.
Entry-level management analysts typically need at least a bachelor's degree and several years of relevant work experience, and some employers prefer to hire candidates with an MBA. These professionals benefit from strong analytical, communication, and problem-solving skills.
Accountants
- Median Salary (2022): $78,000
- Projected Job Growth (2022-2032): 4%
Accountants provide financial services for individual and corporate clients. They may examine financial records for accuracy and compliance with regulations, prepare tax returns, assess financial operations, and make suggestions to enhance revenue or reduce costs.
Accountants may specialize in a certain area, such as providing services to the general public, aiding internal business operations, or working on behalf of government agencies.
Entry-level accountants typically need a bachelor's degree. This career requires keen analytical, organizational, and communication skills.
Human Resources Specialists
- Median Salary (2022): $64,240
- Projected Job Growth (2022-2032): 6%
Human resources specialists work for an organization's HR department, interviewing job applicants, contacting references, managing new employees' orientation, and processing paperwork and employment records. They may also process payroll, administer benefits, and handle employee questions or problems.
This career typically requires a bachelor's degree in business, human resources, or a related field. Some positions may require previous work experience in an HR department or in customer service.
Human resources specialists can pursue certification through organizations like the Society for Human Resource Management. They benefit from strong communication and decision-making skills.
Frequently Asked Questions About the Cheapest Online Bachelor’s Degrees
Are online bachelor’s degrees cheaper than in-person degrees?
As with on-campus programs, tuition costs vary significantly among online programs. Virtual degree programs are often comparable in price to on-campus programs. However, online students can find savings. Many online programs do not charge out-of-state fees. Additionally, online students may save money on relocation costs and transportation.
How hard is it to get an online business degree?
Accredited online business programs require the same level of commitment and coursework as traditional programs. While you can expect the same academic challenges, some online programs offer greater flexibility, enabling you to work at your own pace.
Is an online business degree respected?
Yes, online business degrees are respected. That said, make sure you earn your degree from an accredited institution. Accreditation ensures you will receive a high-quality education.
What is the easiest degree to get in business?
While some suggest that human resources, marketing, and organizational leadership are some of the easiest degrees to earn, it really depends on your own skills and preferences. Some students thrive at accounting, while others excel in entrepreneurial environments. It's best to follow your passion and consider your strengths when choosing a business degree.
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