Best Online Business Degrees 2022

by TBS Staff, Maura Deering
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Online Business Degree

Earning a bachelor's in business online is a great way to start a career. Business is the most popular major in higher education. Earning a business administration degree online can lead to careers in business. For example, graduates can apply for jobs in management and finance. Graduates can also earn master of business administration (MBA) degrees.

There are more than eight million business and finance professionals in the U.S. Most work in executive management and financial management positions. These workers earned a median annual wage of $72,250 in 2020. That number is above the national average salary for all occupations. Top executives are among the highest earners, especially chief executives, who earned a median income of $107,680 in 2020.

Online business programs offer concentrations like human resources (HR), sports, and healthcare management. Graduates can pursue corporate positions and entrepreneurship. The following schools are among the nation's best online business degrees.

What Is an Online Business Degree?

Students who earn online bachelor's in business administration (BBA) degrees can find jobs in management and finance. Bachelor-level business administration degrees qualify graduates for entry-level jobs. Graduates interested in executive positions may need MBAs.

Online business degrees help students develop management skills. Employers consistently rank marketing, sales, and business analytics among the most desirable job skills. These skills are all covered in business administration programs. Online business degrees also offer concentrations in management, finance, marketing, and entrepreneurship.

What Is the Difference Between a BBA, BSBA, and BABA?

Students who are pursuing online bachelor's degrees in business administration can choose from three types of degrees: BBA, bachelor of science in business administration (BSBA), or bachelor of arts in business administration (BABA).

BBA programs usually focus on business and management principles, while BSBA programs emphasize technical skills, like mathematics, statistics, and science. BABA programs balance business basics with general education courses. All three degrees can lead to successful business careers.

Featured Business Degree Programs

Choosing an Online Bachelor's in Business Administration Program

There are several factors to consider when choosing an online business administration degree. First, make sure the program is an accredited online business degree. Without accreditation, your degree might not be recognized by employers or graduate schools.

Next, check that the program offers concentrations that match your career goals. Also, make sure the learning format — synchronous or asynchronous $mdash; works for your schedule. Schools typically offer a variety of concentrations and enrollment options for online business degrees. You can learn more about common considerations for distance learners at the links below.

What Else Can I Expect From an Online Bachelor's in Business Administration Program?

Curricula vary by school. Many business administration degrees include core coursework in accounting, marketing, and communication. Concentrations usually include entrepreneurship, HR management, and international business. The following list explores popular courses and concentrations for students earning a business degree online.

Online Business Administration Curriculum

Online Bachelor of Business Degree Concentrations

true Entrepreneurship

Entrepreneurship concentrations emphasize small business leadership, HR management, and financial accounting. They prepare students to build a business from the ground up. Programs also explore creativity and innovation, venture capital, multicultural markets, and new product planning. Most programs also include a practicum, which often means writing a business plan.

true Information Systems

Information systems concentrations help students develop strong business and IT management skills. Industry-specific courses include application development, software quality, database systems, technological collaboration, and electronic commerce. Coursework also covers soft skills like teamwork, interpersonal relationships, and project management.

true Accounting

This concentration prepares students to work as public, private, or government accountants. This concentration explores advanced statistics, micro and macroeconomics, and calculus. It also covers taxation, auditing, and cost management. Graduates qualify to sit for the CPA licensure exam.

Human Resources Management

HR management concentrations begin with core coursework in business communications, managerial accounting, and contemporary management practices. Advanced coursework covers employment relations; social, regulatory, and ethical issues in business; negotiation and conflict management; and leadership and organizational behavior.

Finance

This concentration is for students interested in financial management or investment analysis. Many programs have prerequisites in financial management. Coursework covers corporate finance, investment analysis, tax and regulatory environments, collection and disbursement, and fundraising. Some graduates pursue certified financial planner credentials.

Supply Chain Management

Concentrations in supply chain management are popular due to the globalization of business markets and practices. These programs focus on project management, supply chain analytics, and logistics management. They emphasize global sourcing and innovation, international aviation, and managerial economics.

Marketing

A marketing concentration can lead to positions in advertising, public relations, sales, or social media. Marketing programs develop basic business skills in economics, statistics, and communications. They also explore modern consumer behavior, brand management, market research, and advertising strategies.

International Business

International business concentrations are more common with the rise of a global, internet-driven economy. This program builds on core business concepts in leadership, problem-solving, and teamwork, all taught from a global perspective. Coursework covers international business finance, global ethical leadership, international trade and policy, and international supply chain management.

Business Careers

Online business degrees are versatile, preparing students for many industries. Graduates of business programs can pursue roles in finance, accounting, sales, and analytics. These roles arise in many industries, including real estate, insurance, and public relations.

Below, you'll find some of the most popular careers for business graduates.

Career Median Pay (2020)
Accountants and Auditors $73,560
Advertising and Promotions Managers $141,490
Budget Analysts $78,970
Buyers and Purchasing Agents $72,270
Compensation, Benefits, and Job Analysis Specialists $67,190
Credit Analysts $83,660
Financial Examiners $81,430
Fundraisers $59,610
Human Resources Specialists $63,490
Insurance Underwriters $71,790
Management Analysts $87,660
Market Research Analysts and Marketing Specialists $65,810
Meeting, Convention, and Event Planners $51,560
Personal Financial Advisors $89,330
Project Management Specialists and Business Operations Specialists $77,420
Property Appraisers and Assessors $58,650
Purchasing Managers $125,940
Sales Managers $132,290
Tax Examiners $55,640
Training and Development Specialists $62,700

The Best Online Bachelor's in Business Administration Degree Programs

  1. University of Arkansas at Little Rock
    Location

    Little Rock, AR

    Tuition

    $13751

    Fast Facts

    School Type: Public
    Concentrations Available: Management
    Accredited By: Higher Learning Commission (HLC); Association to Advance Collegiate Schools of Business (AACSB)
    Do Distance Learners Pay In-State Tuition? Yes

    Distance learners can earn a business degree online at UA Little Rock. The school's BBA in management prepares graduates to become general managers, operations managers, and human resource specialists.

    The College of Business admits qualified students with 2.25 GPAs and college-level coursework in algebra and composition. UA Little Rock encourages applicants and new students to schedule an advising appointment.

    The 120-credit curriculum features 17-week class formats covering accounting, microeconomics, business analysis, and management. Besides the core classes, learners take general education and elective classes.

    Remote students get online access to the library, bookstore, and help centers for writing, communication, and math.

    Available Scholarships: Fall 2022 Scholarship; Transfer Student Scholarships

  2. Franklin University
    Location

    Columbus, OH

    Fast Facts

    School Type: Private
    Concentrations Available: Business administration
    Accredited By: Higher Learning Commission (HLC); International Accreditation Council for Business Education (IACBE)
    Do Distance Learners Pay In-State Tuition? Yes

    Degree-seekers can earn a business degree online with Franklin's fully remote BS in business administration. Enrollees complete the 124-credit degree through asynchronous classes lasting 6-12 weeks. Learners develop skills in business law, corporate responsibility, ethics, finance, and marketing. The program ends with a business administration capstone.

    The curriculum includes general education courses. Students must pass college algebra, writing, and learning strategies to advance to upper-level classes.

    Franklin's transfer-friendly environment lets admitted students transfer up to 76% of credits toward the degree total. Applicants provide evidence of a high school diploma (or equivalent) or 24 transferable college credits and transcripts.

    Available Scholarships: Franklin University Undergraduate Scholars Program; Community College Transfer Scholarship

  3. Brenau University
    Location

    Gainesville, GA

    Fast Facts

    School Type: Private
    Concentrations Available: Accounting; financial economics; human resource management; marketing
    Accredited By: Southern Association of Colleges and Schools Commission on Colleges (SACSCOC); Accreditation Council for Business Schools and Programs (ACBSP)
    Do Distance Learners Pay In-State Tuition? Yes

    Brenau's 120-credit online business programs lead to a bachelor of business administration. Classes provide a broad business background and opportunities to specialize through electives. Coursework prepares graduates for corporate and small business leadership roles in accounting, finance, human resources, and marketing.

    An accelerated, asynchronous learning format includes core business classes, liberal education, and a business capstone. Remote learners can tap into resources like the library, writing and math centers, and IT help.

    Admission requires a 2.75 high school GPA or 30 transferable college credits with a 2.0 GPA. Admitted students may qualify to transfer up to 65 credits.

    Available Scholarships: Military Experience

  4. Campbellsville University
    Location

    Campbellsville, KY

    Fast Facts

    School Type: Private
    Concentrations Available: Accounting; business information technology; healthcare management; human resource; management; marketing
    Accredited By: Southern Association of Colleges and Schools Commission on Colleges (SACSCOC); International Accreditation Council for Business Education (IACBE)
    Do Distance Learners Pay In-State Tuition? Yes

    Christian-based CU offers an online BBA with three concentration options. The online business degrees explore business fundamentals, trends, and concepts through a core curriculum and six emphasis areas.

    The asynchronous curriculum follows an eight-week format and requires 120 credits. General education includes required classes in macroeconomics and college algebra. The business information technology emphasis offers an internship opportunity.

    Applicants without 24 transferable credits submit college or high school transcripts. Prospective students can contact an enrollment counselor for advice and answers to questions. CU offers six start dates for admitted students, along with many benefits for active military and veterans.

    Available Scholarships: Transfer Scholarship

  5. Liberty University
    Location

    Lynchburg, VA

    Fast Facts

    School Type: Private
    Concentrations Available: General track; automotive dealership management; communications; data analytics; digital marketing and advertising; economics; entrepreneurship; finance; financial planning; green and sustainable management; healthcare management; human resource management; international business; leadership; marketing analytics; marketing: sales management and professional selling; music business; project management; public administration; real estate; strategic marketing management

    Accredited By: Southern Association of Colleges and Schools Commission on Colleges (SACSCOC); Accreditation Council for Business Schools and Programs (ACBSP)
    Do Distance Learners Pay In-State Tuition? Yes

    Students looking to do a business program online find many options at Christian-focused Liberty. The 120-credit BS in business administration offers more than 20 specializations. Eight-week, 100% online classes prepare graduates with practical skills. All students take financial and managerial accounting, business law, financial statement analysis and statistics.

    Liberty offers asynchronous classes with no required in-person intensives. Enrollees access numerous resources remotely through Liberty's research portal.

    Admission requires college transcripts, a high school self-certification form, and a 2.0 GPA. Admitted students may qualify to transfer up to 75% of the degree's total credits.

    Available Scholarships: First Responder and Military

  6. City University of Seattle
    Location

    Seattle, WA

    Fast Facts

    School Type: Private
    Concentrations Available: Data analytics for business decision-making; management; project management; specialized independent study
    Accredited By: Northwest Commission on Colleges and Universities (NWCCU); Accreditation Council for Business Schools and Programs (ACBSP)

    Do Distance Learners Pay In-State Tuition? Yes (different rates for Canadian students)

    Specializing in adult education, CityU counts a bachelor of business administration among its online business degrees. The 180-credit program prepares learners to become business professionals or pursue graduate education. Students make their own specialization curriculum with the program director or pick from three set options.

    The program's asynchronous classes explore artificial intelligence for business applications, business dynamics, and managing organizational systems and complexity. The curriculum also includes general education classes in composition, humanities, reasoning, and sciences.

    CityU offers rolling admission. Prospective students can complete a Prior Learning Assessment to see if their experiences earn credits toward their degrees.

    Available Scholarships: Community College Transfer Scholarship

  7. University of Alaska Southeast
    Location

    Juneau, AK

    Tuition

    $11000

    Fast Facts

    School Type: Public
    Concentrations Available: Accounting; management; management information systems; human resource management
    Accredited By: Northwest Commission on Colleges and Universities (NWCCU); Accreditation Council of Business Schools and Programs (ACBSP)
    Do Distance Learners Pay In-State Tuition? No

    The online business programs at UAS prepare graduates for business careers or graduate study. The bachelor's in business administration requires at least 120 credits, with some emphasis areas needing more.

    UAS requires 35 general education credits and three credits in Alaska Native knowledge. Topics for this requirement include Alaska native languages, native studies, and native arts. Enrollees finish with a capstone in strategic management.

    Applicants need a 3.0 high school GPA, a high school diploma and 30 college credits with a 2.0 GPA, or 60 college credits with a 2.0 GPA.

    Available Scholarships: Stay on Track/University of Alaska Grant

  8. McKendree University
    Location

    Lebanon, IL

    Fast Facts

    School Type: Private
    Concentrations Available: Accounting; business administration; cyberdefense; entrepreneurship; human resource management; management; marketing; sport management; supply chain management and logistics

    Accredited By: Higher Learning Commission (HLC); International Accreditation Council for Business Education (IACBE)
    Do Distance Learners Pay In-State Tuition? Yes

    At McK, BBA students pick from nine majors and complete the business program online, on their own schedule. Most students take two classes during each eight-week session and build a foundation with business core classes. Topics include principles of financial accounting, business law, quantitative analysis for business decisions, and statistics.

    Required credits vary by major concentration, but all tracks end with a capstone. The sport management track includes an internship and the entrepreneurship track requires a practicum.

    Prospective students apply online and may qualify to transfer up to 90 college credits. Enrollees benefit from faculty mentors, advising, and IT and writing support.

    Available Scholarships: Transfer Student Scholarships

  9. New Mexico State University-Main Campus
    Location

    Las Cruces, NM

    Tuition

    $9930

    Fast Facts

    School Type: Public
    Concentrations Available: Entrepreneurship; human resource management; project and supply chain management; small business management and entrepreneurship
    Accredited By: Higher Learning Commission (HLC); Association to Advance Collegiate Schools of Business (AACSB)
    Do Distance Learners Pay In-State Tuition? Yes

    NMSU Online features different options for students wanting to do a business program online. The BBA offers a general track with three concentrations, along with majors in information systems and marketing. Besides general education and major requirements, students take statistics, accounting, strategic management, and enterprise resource planning. Graduation requires 120 credits, and students opt to complete internships and faculty research projects.

    Admission requires high school transcripts and 2.75 GPA, a 21 ACT or 1060 SAT score, or top-20% class ranking. Transfer students with 24 credits or more submit college transcripts with 2.0 GPAs.

    Remote learners can access IT help, library resources, and advising.

    Available Scholarships: Incoming Student Awards

  10. Methodist University
    Location

    Fayetteville, NC

    Fast Facts

    School Type: Private
    Concentrations Available: Healthcare administration
    Accredited By: Southern Association of Colleges and Schools Commission on Colleges (SACSCOC); Accreditation Council for Business Schools and Programs (ACBSP)
    Do Distance Learners Pay In-State Tuition? Yes

    Mehtodist's online business degrees include a 124-credit BS in business administration or a 62-credit BAS in business administration. Asynchronous classes cover accounting, economics, management, marketing, and electives.

    The program offers an optional healthcare administration track, along with minors in accounting and marketing.

    BA admission requires a high school diploma or GED certificate and official transcripts. BAS admission requires an associate of applied science in any field. Applicants can transfer up to 93 credits for which they earned a C or higher.

    Available Scholarships: Community Partnerships Program

Online Bachelor's in Business Administration Programs Ranking Guidelines

We ranked these degree programs based on quality, curricula, school awards, rankings, and reputation.

Our Methodology

Here at TheBestSchools.org, we take the trust and welfare of our readers very seriously. When making our school and program rankings, our top priority is ensuring that our readers get accurate, unbiased information that can help them make informed decisions about online education. That's why we've developed a rigorous ranking methodology that keeps the needs of our readers front and center.

Our proprietary, multi-criteria ranking algorithm analyzes key data indicators — as collected by the federal government — for each school or program. What data we use depends on the focus of each specific ranking, but in all cases, our ranking methodology is impartial: Schools cannot buy better rankings at TBS.

While specific criteria under consideration can vary by ranking, there are a few data points that we value most highly. They are affordability, academic quality, and online enrollment. Below, we break down our algorithm to help you understand what you're getting when you use one of our rankings.

  • Academics
  • Affordability
  • Online Enrollment

Data Sources

The data used in TBS rankings comes primarily from the federal government, and much of it is provided by the schools themselves. We aggregate and analyze this data to build our rankings.

The Integrated Postsecondary Education Data System (IPEDS) is our primary source. Its data comes from annual surveys conducted by the U.S. Department of Education's National Center for Education Statistics (NCES). Every college, university, or technical school with access to federal financial aid must participate in these surveys, which include questions about enrollment, graduation rates, finances, and faculty qualifications. This is publicly available data, which you can access yourself through the College Navigator.

Additionally, because we value a personal touch and the professional experience of our staff and Academic Advisory Board, we vet all results and adjust rankings as necessary based on our collected knowledge of schools and degree programs. Depending on the ranking, we may obtain additional input from AcademicInfluence.com, subject matter experts, prior TBS ranking lists, or other sources we deem relevant to a particular ranking.

Breakdown of Our Rankings Methodology

About Our Ranking Factors

Here at TBS, we value what you value: quality education, affordability, and the accessibility of online education. These factors guide all of our program rankings.

Each of these factors are further broken down into weighted subfactors. For example, retention rates are weighted more heavily than availability of program options because they are a better indicator of student success.

We chose the following factors for our rankings because of their influence on learning experiences and graduate outcomes. However, students should always balance our rankings against their personal priorities. For instance, a learner who needs a fully online program may prioritize online flexibility more than our rankings do. Our rankings are designed to help you make a decision — not to make a decision for you.

Academics - 75%
Affordability - 15%
Online Enrollment - 10%

In all our school rankings and recommendations, we work for objectivity and balance. We carefully research and compile each ranking list, and as stated in our advertising disclosure, we do NOT permit financial incentives to influence rankings. Our articles never promote or disregard a school for financial gain.

If you have questions about our ranking methodology, please feel free to connect with our staff through contact page.

We thank you for your readership and trust.

Interview with an Expert

Portrait of Alex Williams

Alex Williams

Preferred Pronouns: He/Him

Alex Williams, the CFO of FindThisBest, got his bachelor's in business administration from California State University - Fullerton in 2015. His specialization in BBA was accounting and finance, and he took his CFA level 1 exam in 2016. Currently, he's working as a CFO at an eCommerce company.

What was your favorite aspect of earning a bachelor's in business administration degree?

The degree is well diversified, no matter where you get it from. You get to read up on a whole bunch of case studies and courses throughout your four years that make you think logically and critically about decision making. BBA doesn't just teach you how to be a good employee or lead the next Fortune 500 company; it just opens doors for you to really pursue something you're good at. Luckily I was good with numbers and I enjoyed finance courses, which is why I opted for the ACF (accounting and finance) major.

What should students interested in this subject be good at?

One thing that students should really be good at is critical thinking. Courses within BBA aren't your typical math or science courses, where you can use a specific formula to answer a question. Rather, you'll be given open-ended questions, and you'll have to rationalize your answer. As long as you're good at thinking objectively and looking at the bigger picture, you're going to excel at this.

Are there any advantages to studying business administration online as opposed to in a traditional brick-and-mortar setting?

The advantage would definitely be that your assignments and projects will be more remote, and you'll have to work in teams to get the job done. This is truly how things work in the real world — even before the pandemic struck. Therefore, this degree truly gives you a glimpse into the real world before you even step foot in it.

What makes business administration such a versatile degree?

Its versatility stems from the fact that you're not limited to just one area of business. You get to study a whole variety — from supply chain management to data science for decision-making. Over time, you'll find something you're good at and excel at it — at least, that was the case in my undergraduate degree.

Common Questions About Business Degrees

Is a Bachelor's in Business a Good Degree?

Yes. Earning a bachelor's in business leads to interesting careers with steady job growth and high salary potential. Students can become entrepreneurs or work in a corporation. Earning a business degree online can be a smart career move.

What Jobs Can I Do With a Business Degree?

Business degree-holders can get jobs in finance and management, including roles as accountants, HR managers, and marketing specialists. They can also pursue master's degrees and executive-level positions.

What Is the Highest Paying Business Job?

Advertising or sales managers earn the highest salary rates among business professionals, particularly at the executive level. Purchasing managers and personal financial advisors also earn high salaries.

Is a Degree in Business a BA or BS?

Schools may offer BA or BS programs in business. Though BS degrees are more common and cover more technical concepts, BAs offer a broader education and approach to business, including more liberal arts coursework in subjects like English, history, and communication.

What Is the Best Business Concentration?

All business concentrations have broad career applications, but students specializing in entrepreneurship, marketing, and finance tend to have the most employment options.

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