Best Online Business Management Degrees 2024

A bachelor’s degree in business management gives students the problem-solving, decision-making, and critical thinking skills they need to succeed in managerial business roles. The U.S. Bureau of Labor Statistics (BLS) projects 1.1 million annual job openings in business management from 2022 to 2032. The median wage for all workers in this field was $107,360 in 2022.

Online bachelor’s degrees in business management examine topics like business ethics and law, accounting, economics, marketing, and leadership. Students gain technical business skills while learning to think critically about complex business issues. They also gain leadership, communication, and strategic problem-solving skills.

Some programs offer concentrations that allow students to tailor the degree to their interests and career goals. Common concentrations include finance, marketing, accounting, supply chain and logistics management, human resource management, and hospitality management.

Graduates with a business degree can pursue careers as entrepreneurs, managers, sales representatives, marketers, and accountants.

Many entry-level positions in business require at least a bachelor’s degree in business or a related field. A bachelor’s program typically requires around 120 credits and takes four years of full-time study. However, some programs offer accelerated timelines that allow students to graduate in less time.

The flexibility of an online bachelor’s in business management allows students to balance their studies with personal and professional obligations. Additionally, many online programs allow all students to pay the same tuition rate regardless of where they live. Online programs are ideal for self-motivated, disciplined students with strong time-management skills.

Schools offer programs in general business, business management, and business administration. While these subjects overlap, they also differ in notable ways. The table below summarizes some of the key similarities and differences of each program type:

Degrees in general business, business management, and business administration share many similarities. Each program explores business strategy, organizational decision-making, and operational management. Courses cover subjects like accounting, economics, finance, and marketing.

The differences are subtle but important, as each degree provides targeted training for different career paths. Business management maintains a stronger leadership focus, concentrating more on principles of organizational success. Meanwhile, business administration degrees take a detail-oriented approach, teaching best practices for optimizing internal operations and available resources.

General business programs build a versatile foundation that translates well to future degree upgrades and on-the-job training. If you are unsure of which specialization to study, a general degree may suit you best.

Graduates with an online business management bachelor’s degree can work in diverse roles, such as sales representative or marketing director. The following list outlines several common business careers and potential salaries.