Best Online Bachelor’s In Business Administration Degrees 2020

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Best Online Business Admin Degrees

By BVS Staff Published on June 09, 2020

What Are the Goals of a Bachelor’s Program for Business Administration?

Online bachelor’s degrees in business administration focus on the core fundamentals of business, including accounting, finance, management, and marketing. Graduates leave these programs with the practical skills and techniques needed to help businesses operate more efficiently.

Completing a bachelor’s degree online usually takes about four years. However, online learners can graduate sooner by transferring credits or enrolling in self-paced or accelerated programs.

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The curriculum in online bachelor’s in business administration degrees prepares graduates for careers as accountants, financial analysts, human resource specialists, and loan officers. Many graduates also pursue a master’s in business administration degree.

The competitive marketplace of business suits ambitious professionals who land jobs that typically pay more than other industries, according to the Bureau of Labor Statistics (BLS). In 2019, BLS reports that human resources managers made a median annual salary of $116,720 and advertising, promotions, and marketing managers earned $135,900.

Read on to learn more about the courses offered in online bachelor’s degrees and how students can tailor their studies to benefit their careers.

What does business administration mean?

Business administration encompasses finance, marketing, human resources, and accounting. The broad term “business administration” refers to the efficiency and effectiveness of a company’s operations.

How long does a business administration degree take to complete?

On average, online bachelor’s degrees take four years to complete. Students with 60 transfer credits can graduate in two years. Programs also offer accelerated and self-paced pathways that allow students to graduate in about three years.

How does business administration compare to business management?

Business management and business administration degrees both focus on core business training. Business management degrees concentrate on generalist management and leadership, while business administration degrees offer specializations in specific areas.

What concentrations are available in business administration programs?

Popular concentrations include finance, international business, economics, and accounting. Students also pursue marketing and healthcare management.

Top 10 Online Bachelor’s Programs for Business Administration for 2020

Rank School Location
1 Peirce College Philadelphia, PA
2 University of Florida Gainesville, FL
3 Florida International University Miami, FL
4 University of Illinois at Springfield Springfield, IL
5 Dickinson State University Dickinson, ND
6 Thomas Edison State University Trenton, NJ
7 Trine Online Fort Wayne, IN
8 University of Louisiana at Monroe Monroe, LA
9 Oklahoma State University Stillwater, OK
10 Rutgers University-Camden Camden, NJ

Why Study Business Administration Online?

Students who earn a bachelor’s degree online benefit from financial savings and a more flexible format. Online learners generally save more money than students who enroll on campus. Undergraduates studying online do not pay for on-campus housing, transportation, and other fees that burden on-campus students. In some cases, online learners receive cheaper tuition rates, with many schools offering in-state rates to out-of-state online students.

The flexibility of online learning also fits the schedules of working students. Asynchronous online courses do not require set meeting times. Students taking asynchronous courses can watch lectures, participate in discussions, and work on assignments around their schedules. During synchronous courses, video conferencing software allows students to interact in live lectures or meet with professors. Additionally, self-paced degrees give students even greater freedom with more lenient deadlines.

Online learning suits organized and independent students. Online learners can often access tutoring, 24/7 technical support, digital library databases, and bookstores.

Accreditation for Online Business Administration Programs

During the accreditation process, colleges undergo a voluntary evaluation process conducted by third-party agencies approved by the U.S. Department of Education. When students attend an accredited college, they know that the education they receive has been verified by either a regional or national accrediting agency. Employers tend to prefer candidates from regionally accredited schools.

Students can only receive federal financial aid from accredited schools. Regional accrediting agencies recognized by the Department of Education include the Higher Learning Commission, Middle States Commission on Higher Education, and the Distance Education Accrediting Commission (DEAC).

The DEAC, a private agency founded in 1926, accredits distance-learning programs and online schools. The agency evaluates academic quality, curricula, faculty, and services available to students.

2020 Best Online Bachelor’s Programs for Business Administration

Read on to learn more about the best online bachelor’s in business administration degrees. Each school is regionally accredited. We ranked these programs using the following methodology.

Selection Criteria

For this ranking, we looked for public and private (non-profit) colleges and universities that offer bachelor’s degrees in business online. Because the focus of this list is on affordability, we only considered programs with average* tuition rates of $20,000/year or less.

*For public schools, we calculated the average value of their in-state and out-of-state rates.

In addition, we only considered colleges whose business schools/departments have obtained accreditation from one of three specialized accrediting agencies: the Association to Advance Collegiate Schools of Business (AACSB), the Accreditation Council for Business Schools and Programs (ACBSP), or the International Accreditation Council for Business Education (IACBE).

Ranking Factors

After compiling a list of all the colleges that offer online business administration programs and meet the above criteria, we then collected data in four categories:

  • Program Popularity: How many students choose to earn their bachelor’s degree in business administration over other business-related options (that is, how much interest/demand is there in the school’s BBA program compared to similar alternatives, such as finance or accounting)? To find out, we looked at both the number of students who earned their BBA degree in the most recent school year as well as the percentage of all bachelor’s program graduates that that number represents.
  • Overall Strength of Online Business Programs: How much emphasis does the school place on providing accessible undergraduate programs in business? For this metric, we looked at the total number of online bachelor’s business programs the school offers as well as the percentage of all undergraduate students who are enrolled in one of those programs.
  • Accreditation: From what agency has the BBA program earned its business accreditation? Professionally, most people consider the AACSB to be the most prestigious business-focused accreditation agency, followed by the ACBSP and then the IACBE. Therefore, we awarded points accordingly to each institution based on the type of accreditation they have.
  • Affordability: What is the average annual cost of attendance?

After collecting and sorting all the information, we ranked the candidates according to their performance in each area. Finally, we summed up the results and gave each school a final score using a curve so that the top-scoring program earned an even 100 points.

Read more about the best cheap online Bachelor of Business Administration programs below!

Best Online Bachelor’s in Business Administration Degrees 2020

  1. Peirce College
    Location

    Philadelphia, PA

    Tuition

    $$$$$

    A private college focused on adult learners, Peirce dates back to 1865. At Peirce, students can earn their business administration bachelor's degree online. The customized program offers concentrations in management and entrepreneurship and small business management.

    In the 121-credit business administration degree, online students take courses in financial accounting, human resource management, and ethical leadership. The curriculum also includes courses in operations management and policy and strategy formation. Peirce lets students customize the degree through business electives in their interest area.

    Peirce accepts up to 90 credits toward the degree, helping transfer students save money. Graduates from the business administration program pursue graduate training in organizational leadership, law, and business administration. The degree also prepares for professional certifications in supply chain management, project management, or management consultancy. The school's business administration program holds accreditation from the Accreditation Council for Business Schools and Programs (ACBSP).

    Peirce College is accredited by the Middle States Commission on Higher Education (MSCHE).

  2. University of Florida
    Location

    Gainesville, FL

    Tuition

    $$$$$

    Founded in 1853 as a public institution, UF grants on-campus degrees from its Gainesville campus. UF also offers online bachelor's degrees, including a bachelor of business administration. The program prioritizes customization and flexibility, letting online learners choose between a bachelor of science (BS) or a bachelor of arts (BA) in business administration.

    The online business administration degree at UF introduces students to a variety of business disciplines, preparing graduates for careers in many fields. The curriculum covers key concepts such as business law, finance, marketing, and management.

    The BS program covers the technical and practical facets of business through professional development courses. In the BA program, online learners pursue an interdisciplinary course of study with specialization options in business and economic geography, educational studies, mass communication, and sociology. The program also offers concentrations in sport management and travel and tourism management. The Warrington College of Business holds programmatic accreditation from the Accreditation Council for Business Schools and Programs (ACBSP).

    The University of Florida is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).

  3. Florida International University
    Location

    Miami, FL

    Tuition

    $$$$$

    A public institution located in University Park, FIU dates back to 1965. In addition to enrolling students on campus, FIU offers online bachelor's degrees, including an online bachelor of business administration degree. The flexible program includes concentration options in finance, human resource management, international business, logistics, and management. FIU also offers an online business administration concentration in marketing to out-of-state residents.

    The curriculum in FIU's business administration program includes coursework in financial management, operations management, business analysis, and strategic management. The 120-credit program also includes coursework in marketing, applied business statistics, and organization and management.

    FIU pairs online learners with a success coach to help students complete their degree. The business administration program offers start dates in the fall, spring, and summer. Out-of-state students receive a tuition discount for attending classes online. The online bachelor's program in business holds accreditation from the Accreditation Council for Business Schools and Programs (ACBSP).

    Florida International University is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).

  4. University of Illinois at Springfield
    Location

    Springfield, IL

    Tuition

    $$$$$

    A public institution that dates back to 1969, UIS offers on-campus and online bachelor's degrees. At UIS, online learners can pursue a bachelor's degree in business administration through a fully online format. The online degree uses the same graduation requirements and the same faculty as the school's on-campus business degree.

    Online business administration students at UIS choose between a comprehensive business administration option and a management concentration. In the comprehensive option, online students develop a broad-based education through studying finance, management, marketing, and operations management. The management concentration emphasizes the conceptual and interpersonal skills necessary for leadership roles.

    During the online program, learners work with advisors to develop a degree plan that meets the student's interests and professional goals. The program prefers to admit students who have completed most of their general education requirements and hold a minimum 3.0 GPA. The online business administration degree at UIS holds programmatic accreditation from the Accreditation Council for Business Schools and Programs (ACBSP).

    The University of Illinois Springfield is accredited by the Higher Learning Commission (HLC).

  5. Dickinson State University
    Location

    Dickinson, ND

    Tuition

    $$$$$

    A public institution founded in 1918, DSU offers a business administration bachelor's degree online. Within the online business administration program, students choose a focus such as accounting, administration, or finance to specialize their training. DSU also offers business administration degrees in human resource management and international business.

    Within the business administration degree, DSU online learners take core courses in organizational behavior, international business, and business policy. The curriculum also includes coursework in entrepreneurship, managerial finance, and marketing to introduce students to foundational business disciplines.

    Each focus area adds specialized upper-division coursework. For example, the administration focus includes courses in financial statement analysis, corporate finance, and human resource management. In the international business concentration, students take courses in international business strategy, international marketing, and international finance. DSU holds programmatic accreditation for its business programs from the International Accreditation Council for Business Education (IACBE).

    Dickinson State University is accredited by the Higher Learning Commission (HLC).

  6. Thomas Edison State University
    Location

    Trenton, NJ

    Tuition

    $$$$$

    A public university that primarily offers online bachelor's degrees, TESU serves New Jersey's working professionals with flexible, career-oriented programs. At TESU, online learners can pursue a bachelor of science in business administration with 10 focus options. These specializations tailor the degree around students' interests and career goals.

    TESU offers business administration degrees in accounting, entrepreneurship, finance, healthcare management, and marketing. Online learners can also pursue a degree in human resources management, general management, or operations management. In TESU's accounting for certified public accountants specialization, students interested in CPA certification complete the prerequisites for the CPA exam in New Jersey. In the entrepreneurship program, learners develop management and finance skills.

    Online business administration majors complete a capstone requirement in strategic management, which brings together the knowledge and skills gained during the program. TESU's business administration program holds programmatic accreditation from the Accreditation Council for Business Schools and Programs (ACBSP).

    Thomas Edison State University is accredited by the Middle States Commission on Higher Education (MSCHE).

  7. Trine Online
    Location

    Fort Wayne, IN

    Tuition

    $$$$$

    A private institution located in Angola, Indiana, Trine dates back to 1884. At Trine, online learners can earn a business administration bachelor's degree. The online business administration program offers majors in accounting, management, and applied management. These specialized options prepare graduates for focused career paths after earning their degree.

    In the accounting focus, for example, online learners build practical, hands-on experience in the accounting field. Accounting majors complete internships and prepare for professional certifications after graduation. The management tracks build managerial leadership skills while introducing students to core business areas such as marketing, finance, and operations. Graduates pursue leadership positions in business.

    All business administration majors at Trine complete online courses in core topics such as international business, managerial finance, organizational behavior, and strategic management. Online learners either complete a business internship or a business capstone simulation. Trine's business administration degrees hold programmatic accreditation from the Accreditation Council for Business Schools and Programs (ACBSP).

    Trine University is accredited by the Higher Learning Commission (HLC).

  8. University of Louisiana at Monroe
    Location

    Monroe, LA

    Tuition

    $$$$$

    Founded in 1931, ULM is a public institution. At ULM, students can earn online bachelor's degrees in multiple subjects, including a bachelor's in business administration degree. The online business administration degree offers a broad background in all areas of business while letting students customize the degree by selecting two concentration areas. Concentration options include finance, management, computer information systems, and international business.

    At ULM, online business administration majors take core courses in management, marketing, accounting, and economics. The curriculum also incorporates finance and computer information systems coursework. The program prioritizes small class sizes to ensure that students receive personal attention from their instructors. The fully online program appeals to part-time students who want to continue working while earning a degree.

    ULM also offers an online bachelor of business administration with a management emphasis. ULM's online business administration degree holds programmatic accreditation from the Accreditation Council for Business Schools and Programs (ACBSP).

    University of Louisiana Monroe is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).

  9. Oklahoma State University
    Location

    Stillwater, OK

    Tuition

    $$$$$

    As the flagship institution in the state's public university system, OSU has granted degrees from its Stillwater campus since 1890. Today, OSU offers online bachelor's degrees, including a bachelor of science in business administration. Within the business administration major, online learners choose to specialize in general business, management, or marketing.

    The general business focus offers a flexible course of study that exposes students to many different business areas. The broad curriculum provides a solid foundation of business content. In the management degree, majors learn to apply management theory, address strategic problems, and develop interpersonal skills. The marketing focus introduces majors to product development, pricing methods, and consumer needs, preparing graduates for marketing careers.

    In all three specializations, online learners take core business classes in topics such as entrepreneurship, strategic management, and data analytics. The Spears School of Business at OSU holds programmatic accreditation from the Accreditation Council for Business Schools and Programs (ACBSP).

    Oklahoma State University is accredited by the Higher Learning Commission (HLC).

  10. Rutgers University-Camden
    Location

    Camden, NJ

    Tuition

    $$$$$

    Founded in 1766, Rutgers University-Camden is one of three public Rutgers campuses in New Jersey. At Rutgers-Camden, students can earn an online bachelor of arts in business administration. The program runs fully online and allows learners to choose from four industry-focused concentrations to customize their program.

    The concentrations at Rutgers-Camden include corporate finance, data analytics, digital marketing, and strategic human resource management. Before choosing an optional concentration, degree-seekers complete 27 credits of core courses in business communications, finance, organizational behavior, and operations management. The concentrations add upper-division coursework in specific areas.

    The corporate finance track prepares graduates to use financial data to make business decisions, while the data analytics concentration trains learners to analyze business data. The business administration degree at Rutgers-Camden holds programmatic accreditation from the Association to Advance Collegiate Schools of Business (AACSB).

    Rutgers University-Camden is accredited by the Middle States Commission on Higher Education (MSCHE).

Career and Salary Outlook for Business Administration Graduates

Job prospects and salary potential for business administration graduates depend on prior work experience, location, and each specific field. Consider each career listed below to get an idea of the job prospects available to students who earn online bachelor’s degrees in business administration.

  • SALES MANAGERSSales managers work in wholesale, retail, and manufacturing. These professionals manage sales teams to ensure they meet targets. They compile budgets, launch promotions, and monitor sales records and data on customer trends.
  • FINANCIAL ANALYSTSInsurance carriers and credit mediation companies often employ financial analysts, who provide feedback to investors. Financial analysts monitor business and financial trends and evaluate the value of companies.
  • MARKET RESEARCH ANALYSTSMarket research analysts collect consumer data and oversee marketing programs to ensure their success. They also assess a company’s viability in the marketplace.
  • MANAGEMENT ANALYSTSEmployers in government, finance and insurance, and scientific and technical services need management analysts to improve the efficiency and profitability of companies.
JOB TITLEMEDIAN ANNUAL SALARYPROJECTED JOB OUTLOOK 2018-2028
Sales Managers$126,6405%
Financial Analysts$85,6606%
Market Research Analysts$63,79020%
Management Analysts$85,26014%

Source: BLS

Business Administration Concentrations

Online bachelor’s degrees in business administration offer students the chance to concentrate their studies to prepare for specific careers. Popular concentrations include finance, economics, and marketing. Each business administration degree offers different concentrations. Below are several common concentrations.

  • HUMAN RESOURCE MANAGEMENTStudents enrolled in a human resource management concentration learn how to create safe, supportive work environments. Coursework covers topics like training, recruitment, human and labor relations, and organizational change. Graduates become advocates for employees as human resource managers, finding work in manufacturing, government, and healthcare.
  • MARKETINGCourses in a marketing concentration include digital marketing, advertising and promotion, product and brand management, consumer behavior, and international marketing. Students gain research and analytical skills that can apply to various fields. Job titles for students who pursue marketing concentrations include public relations specialist, retail manager, market research analyst, and advertising and promotions manager.
  • ACCOUNTINGAccounting courses in auditing, income taxation, public accounting, and financial statements analysis prepare students to become accountants, financial advisors, and marketers. During labs, students gain hands-on training in software programs.
  • HEALTHCARE MANAGEMENTOnline learners who pursue a healthcare management concentration learn about healthcare access and barriers. Coursework teaches students how to use healthcare-related information technology. The curriculum also explores the ethical and legal issues involved in healthcare management. The practical skills that students gain in software applications qualify them to work as clinical directors and health and social services managers.
  • COMPUTER INFORMATION SYSTEMSUndergraduates who pursue a concentration in computer information systems learn about systems analysis and design, web applications project management, programming, and networking. By completing this concentration, students gain a fundamental understanding of different programming languages and the ability to write and design programs.

Courses in Business Administration Programs

Courses in an online bachelor’s in business administration degree concentrate on business principles such as marketing, accounting, finance, and operations. Learners examine case studies and business theories and practices. Students also learn to create business plans to increase a company’s value in the marketplace.

The following sample curriculum includes common courses in an online bachelor’s degree in business administration.

  • PROJECT MANAGEMENTThis course teaches students the basics of project management, including terminology, how to create proposals, and how to manage budgets. Topics may include risk management, managerial decision-making, and contract management.
  • ESSENTIALS OF MARKETINGThis course teaches students how to study and predict consumer behavior, implement ethical business practices, and conduct market research. Graduates learn to implement strategies, management practices, and current marketing trends to promote goods and services. This course prepares students to become brand managers, sales managers, and promotions managers.
  • BUSINESS LAWThis course introduces students to legal institutions that regulate businesses. Students also learn about how the Bill of Rights relates to business. Coursework covers labor law, taxation, and mergers and acquisitions. This course prepares students for careers as human resource assistants, social and community service managers, and management analysts.
  • FINANCIAL ACCOUNTINGThis course covers investment management, financial statement analysis, international economics and finance, and financial modeling. Online students learn to analyze financial data, which prepares them for careers as market research analysts, financial analysts, and sales managers.
  • BUSINESS COMMUNICATIONSThis course benefits students preparing for careers as marketing specialists, human resource managers, and account executives. Students learn about essential oral and written communication techniques to persuade people and conduct negotiations.

Scholarships for Business Administration Students

The five scholarships below offer funds specifically for students pursuing business-related majors.

Frank L. Greathouse Government Accounting Scholarship

Who Can Apply: Graduate students and upper-level undergraduate students majoring in accounting can apply for this scholarship. Applicants must submit a letter of recommendation.
Amount: $10,000 Apply for Scholarship

GreenPal Business Scholarship

Who Can Apply: High school seniors and college freshmen and sophomores may apply for this award. Applicants must own a small business or have concrete plans to start a business.
Amount: $2,000 Apply for Scholarship

Jane M. Klausman Women in Business Scholarship

Who Can Apply: The Zonta International Foundation offers this scholarship to women of any age pursuing a business degree. Applicants must be junior or senior undergraduates or in their second year of a master’s program.
Amount: $2,000-$8,000 Apply for Scholarship

Jeffrey L. Esser Career Development Scholarship

Who Can Apply: Full-time and part-time students earning a bachelor’s degree in business administration can receive this scholarship based on their career plans and their academic achievements. Applicants need to submit a letter of recommendation.
Amount: Varies Apply for Scholarship

Richard J. Seif Technical Sales & Marketing Scholarship

Who Can Apply: College students pursuing a bachelor’s degree in business with an emphasis in marketing or sales can apply for this scholarship. Applicants must be juniors or seniors with a minimum 2.5 GPA.
Amount: $3,000 Apply for Scholarship

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