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The 20 Best Business Programs with No Application Fee

business no application fees

Are you looking for business programs with no application fee? No matter how small an application fee is to many incoming college students, it can be a financial obstacle to earning a degree. According to US News, application fees, averaged $78 in 2022. They are charged to students who wish to pursue a Business major in a college or university.

Business Program Zero Application Fee 2

Why do schools demand this amount for applicants, you ask? There are two main reasons for the Business degree program application fees. First, the amount you pay is used to cover the cost of reviewing applications and making decisions on admissions.

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There are literally hundreds, if not thousands, of college applications that an academic panel sorts through within a limited time to ensure that they accept only students who can live up to the academic standards they have set and uphold the school’s principles.

Apart from offsetting the cost of application reviews, it is also believed that application fees deter students who are not serious about getting in. Prospective students with real intentions of earning their Business degree are expected to comply with the fee requirement regardless of their chances of admission.

Considering the staggering tuition rates, it only makes sense for financially struggling students to do what it takes to be accepted and get the most out of their hard-earned money.

Thankfully, a number of colleges and universities all over the country are giving students a chance at obtaining the best education and training in Business without requiring them to pay upon submitting their applications.

Business programs with no application fee offer prospective students the opportunity to apply to multiple schools without incurring costly fees. They are great options for those looking to save money while still getting an excellent education.

METHODOLOGY

We rounded up the Best Business Programs with No Application Fee, highlighting the schools that are worth applying to. The zero-application-fee Business degrees, as detailed on this list, stand out in terms of their coursework, financial aid, and acceptance rates.

They offer low tuition and fees as well, in addition to the waived application fee. We also present their program options containing the courses that shape students into becoming competent players in the field of Business.

All data on this list have been sourced from the academic institutions’ official websites, as well as NCES.gov’s College Navigator website. It is our objective to help you find the most suitable college or university and take that crucial step toward a thriving business career.


20 Business Programs with No Application Fee

FLORIDA INSTITUTE OF TECHNOLOGY

FLORIDA INSTITUTE OF TECHNOLOGY

Program Standouts: Students of the Business Administration in Leadership and Social Responsibility take a series of courses in functional areas of the business program. Its curriculum promotes high ethical standards, leadership theory, and practices helping students align values in their future business careers. Florida Institute of Technology is proud to have its graduates land a job right after graduation or earn an advanced degree in Innovation and Entrepreneurship.

Campus Location: Melbourne, Florida

Accreditation: Southern Association of Colleges and Schools, Commission on Colleges    

Financial Aid:  University scholarships and grants, Florida state scholarships and grants, Federal financial aid, and private loan providers are some of the available sources for education funding.

Acceptance Rate: 70%

Admission Requirements: Florida Tech Application, Common Application, and Cappex Application are three options for students to start their application. The application must include a transcript(s) from a regionally accredited or state-approved high school, SAT or ACT results, and a letter of recommendation.

Course Samples:

  • Foundations in Creativity, Innovation and Entrepreneurship 1
  • Composition and Rhetoric
  • Legal and Social Environments of Business

LEARN MORE ABOUT FLORIDA INSTITUTE OF TECHNOLOGY’S ZERO-APPLICATION-FEE BUSINESS ADMINISTRATION – LEADERSHIP AND SOCIAL RESPONSIBILITY PROGRAM.


TRINITY UNIVERSITY

Trinity University

Program Standouts: Trinity University creates competent leaders through its business administration program. The program emphasizes interdisciplinary subjects as they play important roles in business decision-making. The program also provides a well-rounded curriculum focused on career training and practical application.

Campus Location: San Antonio, Texas

Accreditation: Southern Association of Colleges and Schools Commission on Colleges

Financial Aid:  Federal, state, and institutional grants and loan programs, merit scholarships, and student employment opportunities help fund students’ education.

Acceptance Rate: 34%

Admission Requirements: Besides submission of online application through Common App or Coalition App, academic transcripts, ACT/SAT scores, letters of recommendation from teachers, counselor school report, evaluative interview, and a personal essay are also required.

Program Options:

  • Management concentration
  • Marketing concentration

Course Samples:

  • Directed Studies in Marketing
  • Labor Economics and Labor Relations
  • Financial Management and Policy

LEARN MORE ABOUT TRINITY UNIVERSITY’S ZERO-APPLICATION-FEE BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION PROGRAM.


MARYVILLE UNIVERSITY

maryville university

Program Standouts: The Management and Leadership program uses a project-based approach and encourages students to participate and join the Maryville Business Organization and the Regional Business Council Mentoring Program. Students get exposed to a technology-forward learning environment and get internships with prestigious companies.

Campus Location: Saint Louis, Missouri

Accreditation: Higher Learning Commission

Financial Aid: All full-time freshman students are considered for the merit awards with a limit of $14,000 Per Academic Year. Federal, state, and university grants, loans, scholarships, and work-study programs are available.

Acceptance Rate: 94%

Admission Requirements: To be considered for undergraduate admission, future students must present a high school diploma and a GPA of at least 2.5. ACT/SAT scores are not required except for prospective student-athletes and international students.

Course Samples:

  • Human Resource Management
  • Operations Management
  • Managerial Accounting

LEARN MORE ABOUT MARYVILLE UNIVERSITY’S ZERO-APPLICATION-FEE MANAGEMENT LEADERSHIP PROGRAM.


LIMESTONE COLLEGE

LIMESTONE COLLEGE

Program Standouts: The Bachelor in Business Administration in General Business program lets students participate in its active student organization called Students in Free Enterprise (SIFE). Students develop their intellectual faculties and critical thinking skills for an ideal pathway to a promising career in business or entrepreneurial opportunities.

Campus Location: Gaffney, South Carolina

Accreditation: Southern Association of Colleges and Schools, Commission on College

Financial Aid  Federal and state funding, private educational loans, institutional scholarships, grants, and work-study opportunities are available to all students.

Acceptance Rate: 68%

Admission Requirements: Along with completing a free express application online, applicants must submit a copy of high school transcripts and SAT or ACT scores.

Program Options:

Concentrations are the following:

  • Accounting
  • Finance
  • Economics
  • Management
  • Marketing

Course Samples:

  • World Trade and International Business
  • Elementary Statistics
  • Ethical Issues in the Workplace

LEARN MORE ABOUT LIMESTONE COLLEGE’S ZERO-APPLICATION-FEE BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION PROGRAM.


MICHIGAN TECHNOLOGICAL UNIVERSITY

MICHIGAN TECHNOLOGICAL UNIVERSITY

Program Standouts: The Tech MBA program allows students to obtain knowledge and skills to determine appropriate technologies for business solutions. This program is ideal for students who combine the business and technology fields as they pursue careers relating to engineering and innovation.

Campus Location: Houghton, Michigan

Accreditation: Higher Learning Commission        

Financial Aid:  There are four types of financial aid students can take advantage of. These are scholarships, federal work-study programs, student employment, Federal and alternative loans, and the Graduate School Emergency Fund.

Acceptance Rate: 70%

Admission Requirements: After the application form is completed, certified copies of previous college/university transcripts, two to three letters of recommendation, résumé, and GMAT/GRE results are to be submitted on specific dates provided on the school website.

Areas of Interest:

  • Entrepreneurship
  • Managing Technology
  • Innovation

Course Samples:

  • Managing in the Global Environment
  • Launching Entrepreneurial Ventures
  • Information Systems Management and Data Analytic

LEARN MORE ABOUT MICHIGAN TECHNOLOGICAL UNIVERSITY’S ZERO-APPLICATION-FEE TECH MBA PROGRAM.


SAINT LOUIS UNIVERSITY

SAINT LOUIS UNIVERSITY

Program Standouts: The Bachelor of Science in Marketing is a program aimed at developing and managing customer relations and covers coursework in consumer behavior and marketing analysis. The program takes advantage of social media and digital marketing and blends traditional and non-traditional techniques in marketing. Its faculty is comprised of experienced marketing leaders and alumni with careers in the marketing field.

Campus Location: Saint Louis, Missouri

Accreditation: Higher Learning Commission

Financial Aid:  Need-based grants, loan programs, and work opportunities are available to all eligible students at all levels. Additionally, scholarship programs are offered to Jesuit high school graduates and students with academic merit, financial need, multiple sibling enrollees, aptitude and performance in athletics, the arts, etc.

Acceptance Rate: 56%

Admission Requirements: In addition to the application for admission, applicants must submit ACT or SAT results and official high school transcripts. Professional résumé, letters of recommendation, and an admission interview are highly encouraged.

Program Options: Students may choose to pursue a minor in marketing in addition to their chosen major.

Course Samples:

  • Marketing Research
  • Brand Management
  • Retail Management

LEARN MORE ABOUT SAINT LOUIS UNIVERSITY’S ZERO-APPLICATION-FEE MARKETING PROGRAM.


DRAKE UNIVERSITY

Drake University

Program Standouts: Drake University’s College of Business and Public Administration carefully designed a curriculum to hone students’ ability to solve problems and innovative thinking. Students are immersed in events like competitions and interactive experiences with small business owners outside the classroom through the Pappajohn Center for Entrepreneurship Outreach.

Entrepreneurial Management plays a significant role even in other colleges at Drake and in Des Moines like the Engineering and Pharmacy divisions where they take their learning further by coordinating with such departments in creating innovative and business ideas.

Campus Location: Des Moines, Iowa

Accreditation: Higher Learning Commission

Financial Aid: Many Federal, state, and institutional financial aid programs, loans, and scholarships are available to all students.

Acceptance Rate: 68%  

Admission Requirements: Completed application from Drake University App or Common App, official high school transcript, and an official copy of your ACT or SAT scores are the three requirements. Test-flexible Interviews, personal essay, and high school recommendations are recommended but not required.

Program Options: Concentration in Entrepreneurship requires ten credits of courses exclusively with entrepreneurship designed for students who want to pursue their entrepreneurial goals after graduation.

Course Samples:

  • Entrepreneurship – The Business Model
  • Creating a company
  • Entrepreneurship- Business Model

LEARN MORE ABOUT DRAKE UNIVERSITY’S ZERO-APPLICATION-FEE ENTREPRENEURIAL MANAGEMENT PROGRAM.


UNIVERSITY OF DAYTON

university of dayton

Program Standouts: Business Administration-Business Economics is an active program with 126 credit hours that students can complete in 4 years. Learners of this program acquire appropriate quantitative skills and the ability to analyze the economic environment in preparation for employment opportunities.

Campus Location: Dayton, Ohio

Accreditation: Higher Learning Commission

Financial Aid: The merit scholarship limit is $98,000 upon admission, up to $4,000 for textbooks through FAFSA.

Acceptance Rate: 81%  

Admission Requirements: Applicants may start with either the Common App or the University of Dayton application. An official transcript, official scores from the ACT or SAT, and an essay should be submitted through the mail.

Program Options:

  • Business Economics
  • Finance
  • Finance-Investment Management Emphasis

Course Samples:

  • Game Theory with Business Applications
  • Labor Economics
  • Spreadsheet Modeling in Finance

LEARN MORE ABOUT UNIVERSITY OF DAYTON’S ZERO-APPLICATION-FEE BUSINESS ADMINISTRATION PROGRAM


DEPAUW UNIVERSITY

Depauw University

Program Standouts: DePauw University’s Economics Management program features internships, study abroad, and a Young Economists Society organization built to extend learning and apply economic management theory in real life. The program also exposes students to writing in the major through empirical research papers, analytical papers, or even journal articles.

Campus Location: Greencastle, Indiana

Accreditation: Higher Learning Commission        

Financial Aid: Scholarship programs and need-based aid are available for all students who qualify.

Acceptance Rate: 69%

Admission Requirements: Apply through the DePauw Application, Common App, or Coalition App. Applicants must also send a Secondary School Report, self-reported scores, official scores from testing centers, your high school transcript, and a letter of recommendation. 

Course Samples:

  • Labor Economics
  • International Economics
  • Advanced Topics in Economics and Management

LEARN MORE ABOUT DEPAUW UNIVERSITY’S ZERO-APPLICATION-FEE ECONOMICS AND MANAGEMENT PROGRAM.


AQUINAS COLLEGE

Aquinas College

Program Standouts: Aquinas College Business Administration has a distinguished faculty that shares at least ten years of business-related experience in the classroom. It also offers a dual major option in accounting, communication, sports management, visual arts, and theatre.

Campus Location: Grand Rapids, Michigan

Accreditation: Higher Learning Commission

Financial Aid: Scholarships, federal and state grants, federal and alternative loans, federal work/study employment, and the Veterans Administration Benefits

Acceptance Rate: 71%

Admission Requirements: Together with the completed online application, incoming first-year students must send their official high school transcript, and ACT or SAT scores. A prerequisite of 15 academic units should be from an accredited high school.

Program Options: There are two (2) concentrations– Marketing or Human Resources which students can choose from.

Course Samples: 

  • Mathematical Statistics
  • Cases in Business Policy
  • Macroeconomic Principles

LEARN MORE ABOUT AQUINAS COLLEGE’S ZERO-APPLICATION-FEE BUSINESS ADMINISTRATION PROGRAM.


UNIVERSITY OF SCRANTON

University of Scranton

Program Standouts: The University of Scranton’s Masters in Business Administration proposes each learner be skilled and be trained through a wide-scale of business education and be able to create their pathway by selecting a specialization. Graduates of the program who attain managerial positions in their career are expected to manage and lead an organization by applying learned group techniques, analyzing information and recognizing risks before making business decisions.

Campus Location: Scranton, Pennsylvania

Accreditation: Middle States Commission on Higher Education

Financial Aid: Comprehensive scholarship programs and financial aid like grants, merit scholarships, loans, and work-study are offered. Students may also choose monthly installments and family tuition reductions.

Acceptance Rate: 79%

Admission Requirements: Completed application online as well as official academic transcripts from every college/university attended, and three professional letters of recommendation are required.

Program Options:

  • Accounting
  • Enterprise Resource Planning
  • Finance, International Business
  • Management Information Systems
  • Marketing
  • Operations Management

Course Samples

  • Enterprise Resource Planning
  • Management Information Systems
  • Business Analytics

LEARN MORE ABOUT THE ZERO-APPLICATION-FEE UNIVERSITY OF SCRANTON MBA PROGRAM.


CREIGHTON UNIVERSITY

Creighton University

Program Standouts: The Bachelor of Science in Business Administration is one of the most sought-after career-based programs at Creighton University. Ninety-nine percent of the graduates of the program get a job or get into graduate school in only six months.

Campus Location: Omaha, Nebraska

Accreditation: Higher Learning Commission

Financial Aid: Creighton and outside scholarships, Federal loans and grants, Direct Loans, and Summer School Aid are provided for undergraduate students.

Acceptance Rate: 64%

Admission Requirements: Creighton provides two ways to apply for free through either their streamlined application process or the Common App. Your official high school transcript, ACT/SAT exam scores (writing portion not required), high school counselor evaluation, and an essay or personal statement are needed to complete the admission application.

Program Options:

  • Six concentrations available:
  • Business Ethics Track
  • Entrepreneurship Track
  • Human Resources Track
  • Military Management Track (ROTC only)
  • Pre-Law Track
  • Bioscience Entrepreneurship Track
  • Social Entrepreneurship Track

Course Samples:

  • International Economic Development
  • Entrepreneurship Incubator
  • Venture Creation and Development

LEARN MORE ABOUT CREIGHTON UNIVERSITY’S ZERO-APPLICATION-FEE BUSINESS ADMINISTRATION PROGRAM.


TRANSYLVANIA UNIVERSITY

Transylvania University

Program Standouts: The Business Administration program will equip you with the knowledge and practical skills most companies demand. Students look at their future careers in some of the excellent companies and organizations in the business center of Lexington. Besides getting into internships for prestigious companies in the location, study abroad programs in 13 nations are also available.

Campus Location: Lexington, Kentucky

Accreditation: Southern Association of Colleges and Schools, Commission on Colleges           

Financial Aid: Students may qualify for scholarships, federal or state grants, work-study programs, and student loans.

Acceptance Rate: 92%  

Admission Requirements: Apply through Transy App or Common App then, submit a high school transcript, letter of recommendation from the school administrator, and essay.

Program Options:

  • Finance Track
  • Marketing Track
  • Management Track
  • Hospitality and Tourism Track

Course Samples:

  • Quantity Food Production Management
  • Promotional Strategies
  • Cost Accounting

LEARN MORE ABOUT TRANSYLVANIA UNIVERSITY’S ZERO-APPLICATION-FEE BUSINESS ADMINISTRATION PROGRAM.


THE UNIVERSITY OF ST. THOMAS

THE UNIVERSITY OF ST. THOMAS

Program Standouts: This undergraduate business program offers a perfect balance between practice and theory. The university’s passion and goal to support and aid learners allows them to explore challenges and conflicts when it comes to business decision-making. Learners can rely on expanding business practice through projects that were created in partnership with the Small Business Development Center or through internships.

Campus Location: Saint Paul, Minnesota

Accreditation: Higher Learning Commission

Financial Aid:

  • Financial Aid Disbursements
  • Scholarships
  • Grants
  • Loans
  • Student Employment
  • Tuition Remission for St. Thomas employees
  • Military Benefits
  • Tax Benefits for Education

Acceptance Rate: 87%

Admission Requirements: Completed application form, official ACT or SAT scores, and official transcripts (from high school and any colleges attended) are all required parts of the application process. Writing samples and letters of recommendation are encouraged but not required.

Program Options:

  • Concentration in General Business Management
  • Concentration in International Business

Course Samples:

  • International Finance
  • Comparative Foreign Policy
  • Transnational Business Issues in Management, Marketing, or Business Law

LEARN MORE ABOUT THE UNIVERSITY OF ST. THOMAS’ ZERO-APPLICATION-FEE BUSINESS ADMINISTRATION PROGRAM.


OHIO WESLEYAN UNIVERSITY

OHIO WESLEYAN UNIVERSITY

Program Standouts: This multifaceted program gives learners the freedom to customize their education by choosing a concentration and encourages students to get the opportunity to enhance their track by enrolling for a double major with liberal arts and humanities or sciences.

Campus Location: Delaware, Ohio

Accreditation: Higher Learning Commission        

Financial Aid:  Ohio Wesleyan University offers both merit-based and need-based (consisting of grants, federal loans, and work-study) financial aid.

Acceptance Rate: 68%

Admission Requirements: A complete application consists of a secondary school report and counselor recommendation, an official high school transcript, SAT or ACT scores, and an admission essay. A teacher evaluation form may also be submitted.

Program Options:

  • Management Concentration
  • Marketing Concentration

COURSE SAMPLES:

  • Managerial Accounting
  • Organizational Structure and Design
  • Behavioral Economics

LEARN MORE ABOUT OHIO WESLEYAN UNIVERSITY’S ZERO-APPLICATION-FEE BUSINESS ADMINISTRATION PROGRAM.


PRESBYTERIAN COLLEGE

PRESBYTERIAN COLLEGE

Program Standouts: The Economics and Business Administration Department is built on a broad liberal arts education that enhances students’ critical thinking and analytical skills necessary for success in the world of business and entrepreneurship. The Business Administration program ensures applications and facilities of technology are provided to students to prepare them for a variety of careers in the revolutionized aspects of the business world.

Campus Location: Clinton, South Carolina

Financial Aid:  Federal and state grants, Federal loans, college and private scholarships, and Federal work-study programs are available.

Acceptance Rate: 71%

Admission Requirements: Prospective first-year students must apply through the college’s online application or Common App, and turn in their high school transcript and standardized test scores. Optional submissions include letters of recommendation, résumé, essays, and short answer questions.

Program Options:

  • Management Concentration
  • Data Analytics Concentration
  • Accounting Concentration

Course Samples:

  • Comparative Economic Systems
  • Computer App for Business
  • Principles of Macroeconomics

LEARN MORE ABOUT PRESBYTERIAN COLLEGE’S ZERO-APPLICATION-FEE BUSINESS ADMINISTRATION PROGRAM.


ILLINOIS WESLEYAN UNIVERSITY

illinois wesleyan university

Program Standouts: Another program with a liberal arts setting is IWU’s Bachelor’s in Business Administration. Students can choose among its three majors and get the benefit of earning a degree with a challenging liberal arts foundation. Plenty of exciting internships and study-abroad opportunities await the students of IWU.

Campus Location: Bloomington, Illinois

Accreditation Higher Learning Commission

Financial Aid:  Ninety percent of IWU students receive financial aid through scholarships & grants, loans, and student employment.

Acceptance Rate: 57%

Admission Requirements: Like most colleges, we have on our list, IWU uses either the IWU application or Common Application for its application process. Transcripts for all previous high school and college coursework and an ACT or SAT score are needed. A teacher evaluation or recommendation is also required.

Program Options:

  • Marketing
  • Accounting and Financial Services
  • International Business

Course Samples:

  • Business and Society
  • Marketing in Services Industries and Not-for-Profit Organizations
  • Strategy and Policy

LEARN MORE ABOUT ILLINOIS WESLEYAN’S ZERO-APPLICATION-FEE BUSINESS ADMINISTRATION PROGRAM.


MILWAUKEE SCHOOL OF ENGINEERING

milwaukee school of engineering

Program Standouts: The Master of Business Administration uses specific plans as learners gain skills and knowledge useful to “solving business problems in a technical world,” acquire technical skills in global resources, and become competent with strategy development and leadership skills. You will expand your skills in economics, human resources, and much more. Graduates become knowledgeable about global business decision-making, communication, and collaboration.

Campus Location: Milwaukee, Wisconsin

Accreditation: Higher Learning Commission of the North Central Association of Colleges and Schools (NCA)

Financial Aid:  Students may apply by completing a FAFSA application and Money Monday Blog and other sources to avail of scholarships, work-study programs, and federal and state financial aid.

Acceptance Rate: 60%

Admission Requirements: After starting a free application, future graduate school students must have earned a bachelor’s with a GPA of 3.0 at the least, and a course in physiology, chemistry, mathematics, and physics. GRE test results and three (3) letters of recommendation are also needed in the application.

Course Samples:

  • Finance and Accounting
  • International Marketing and Export
  • Global Design, Testing, and Styling

LEARN MORE ABOUT MILWAUKEE SCHOOL OF ENGINEERING’S ZERO-APPLICATION-FEE MASTER OF BUSINESS ADMINISTRATION PROGRAM.


ILLINOIS INSTITUTE OF TECHNOLOGY

Illinois Institute of Technology

Program Standouts: Students of the Stuart School of Business learn and work together with engineers, scientists, and even architects giving them the advantage to incorporate technology in creative ways and to collaborate with teams working on hands-on projects.

Campus Location: Chicago, Illinois

Accreditation: Higher Learning Commission

Financial Aid: Various grants, loans, scholarships, and work-study programs are available.

Acceptance Rate: 60%

Admission Requirements: The school uses Common Application and requires applicants to send a counselor/teacher evaluation, high school transcripts, and SAT/ACT scores through Common Application.

Course Samples:

  • Identification & Evaluation of Competitive Advantage
  • Needs Analysis and Opportunity Analysis Aligned with My Interests
  • Selling Your Business Plan

LEARN MORE ABOUT ILLINOIS INSTITUTE OF TECHNOLOGY’S ZERO-APPLICATION-FEE BUSINESS ADMINISTRATION PROGRAM.


TULANE UNIVERSITY

TULANE UNIVERSITY

Program Standouts: Students enrolled in Tulane University’s Bachelor of Business Administration in Finance get the opportunity to connect with networks in Silicon Bayou and other financial centers while they discover skills needed to succeed in the fast-changing business world. The program offers experiential learning and trains students to become problem solvers, critical thinkers, and great communicators.

Campus Location: New Orleans, Louisiana

Accreditation: Southern Association of Colleges and Schools Commission on Colleges

Financial Aid: Merit-based scholarships are offered to all freshmen applicants with a $32,000 limit per year — free application for both FAFSA and CSS Profiles for need-based aid. Scholarships and Grants Offered are also offered.

Acceptance Rate: 11%

Admission Requirements: Applicants are required to submit an admission application through either the Common Application or the Tulane online application, official high school transcript, counselor recommendation, and ACT/SAT results.

Program Options: Students may earn the degree through the Corporate Finance Track, Investments Track, or choose either energy or entrepreneurship specialization.

Course Samples:

  • Advanced Financial Management
  • Investments in Equities
  • Analysis of Fixed Income Securities

LEARN MORE ABOUT TULANE UNIVERSITY’S ZERO-APPLICATION-FEE BACHELOR OF SCIENCE IN MANAGEMENT – FINANCE PROGRAM.


Frequently Asked Questions

What is the career outlook for Business degree holders?

The Bureau of Labor and Statistics reports a ten (10) percent growth in jobs involving business administration, business management, accounting, financial services, marketing, human resources, and purchasing management through 2032. This means over 900,000 more jobs in various industries. As per the BLS report, the average annual wage for managers and specialists who are graduates of any business degree program is $76,850.

Like most careers, the higher your position, the higher the salary you get. Business programs offer master’s degrees and even doctorate degrees. With these degrees, potential career growth is possible. Higher-level management means more responsibility. However, career growth varies depending on the industry or specialization you have chosen.

Large companies may hire managers who are experts in different areas like finance, IT, accounting, corporate social responsibility, marketing, sales and operations, and nowadays, most companies seek to hire managers or business degree holders who are prepared and well-trained to take on the challenges for competing in an international setting.

What should I consider when pursuing a Master’s in Business Administration after earning my Bachelor’s?

Business Program Zero Application Fee 3

One stark difference between a bachelor’s degree and a master’s degree is the program length. A bachelor’s degree program is completed in four years while the master’s degree program typically calls for two years.

A bachelor’s degree in Business Administration (BBA) program is designed for students to take on business courses at the undergraduate level while a Master’s degree in Business Administration (MBA) is an advanced degree that students may apply for after completing any four-year degree program.

Students of BBA programs learn through basic lectures from professors while MBA classes are generally conducted through discussions, challenge themselves through interactive forums, and think independently with professors only serving as advisors instead of lecturers.

A Bachelor’s of Business Administration requires several General Education courses and electives to ensure students gain knowledge on a broad array of different areas of study. This degree generally requires 120 credit hours to complete, and 30-60 credits are directly related to the business major. Examples of major business requirements are principles of accounting, financial management, organizational behavior, and principles of macroeconomics.

A Master’s degree in Business Administration’s curriculum typically consists of core courses and elective courses. Examples of these elective courses are advanced courses in accounting, finance, marketing, human resources, and operations.

Some companies require a 4-year degree while some need an MBA or an advanced degree for a higher-level position. Earning potential for an MBA degree holder is drastically high making it the primary motivation why individuals enroll in this degree program.

What careers await Business program graduates?

Business Program Zero Application Fee 5

Graduates of the Bachelor’s degree in business programs go in a different direction where they gain valuable experience. Some of the career options for business graduates include:

Accounting/Auditing officers coordinate with a chief financial officer about financial reports and evaluate fiscal policies, analyze possible contracts, mergers, and maintain records and coordinate with investor relations.

Financial Advisors advise clients on planning both short- and long-term financial goals. They assist clients in investment strategies. They possess expert knowledge of money management and savings.

Advertiser/Marketing Managers place advertisements in appropriate media like newspapers, radio, television, or online, build and maintain relationships with potential and current clients, track sales and materials inventory, and oversee the advertising activity of the company.

Financial Traders buy and sell commercial products like shares, bonds, and assets; they manage the client’s profile and manage risk and returns making as much money as possible for the client.

Human Resource Managers are responsible for the human resources activities of an organization. They may be assigned to different departments in the company with specific duties and responsibilities including management of recruitment process, training, and development of current employees, facilitating of compensation and benefits, and providing employee counseling. They are also responsible for ensuring specific organizational guidelines, policies, and procedures are followed and observed.

Loan Officers evaluate and approve commercial, personal, real estate, or credit loans. They may also meet with clients to secure needed information for clients’ loan applications, and computer loan payment schedules, and be updated with new types of loans to serve better and meet clients’ needs.

Real Estate Agents/Managers hold several duties and responsibilities. Their primary goal is to sell properties and act as the intermediary between buyer and seller. They also engage in marketing activities, prepare documents, contracts, and leases, and advise clients about mortgage and property buying processes.

Sales Managers direct sales policies and objectives and set short- and long-term goals for sales programs. They ensure that the sales team achieves growth and hits sales targets. They also design and create sales team plans, and strategies based on the client’s or customer’s needs.

Corporate Social Responsibility Managers take on many duties and responsibilities from dealing with various types of impacts of the processes and activities of an organization to the environment, creating and promoting the welfare of both the company and others outside the establishment. They have to ensure that the organization’s social responsibility objectives are well-implemented and reach out to the public by working with the marketing team showing the organization’s commitment to social responsibility.

Administrative Services Managers plan and maintain facilities and records by directing and coordinating with clerical and administrative personnel, purchasing, keeping, and distributing supplies for the organization, preparing budgets for supplies and facilities, and negotiating with providers and suppliers. They also play an essential part in developing and implementing administrative systems and controls.

What are the advantages of earning a Business degree?

  • Increased job opportunities: Earning a business degree can open doors to numerous job opportunities in a wide range of industries. With the skills and knowledge gained through a business degree, you can pursue roles such as business analyst, supply chain manager, marketing analyst, operations manager, and more.
  • Learn essential business skills: During a business program, you can develop a range of crucial business skills, such as critical thinking, problem-solving, teamwork, communication, and decision-making. These skills are highly sought after by employers in almost any sector.
  • Higher starting salary: Business graduates often enjoy more competitive salaries due to the skills and knowledge they possess. There is a significantly higher than the average starting salary for college graduates.
  • Flexible study courses: Business degrees offer a wide range of courses, from finance and accounting to marketing and supply chain management. This means that you can tailor your studies to your own interests and career goals.
  • Open up entrepreneurial possibilities: A business degree can be a valuable stepping stone if you’re interested in starting your own business. With the skills, knowledge, and network of contacts gained from a business degree, you’ll have the fundamentals necessary to build your own business from the ground up.

Best Business Majors:


Additional Information:

THE TOP ONLINE BACHELOR OF BUSINESS ADMINISTRATION (BBA) DEGREE PROGRAMS 

Rowan Jones
Chief Editor