Best Online Business Management Schools

July 5, 2023

 What are Online Business Management Schools?

The organization and coordination of business activities is known as business management. Business managers supervise operations and support workers in achieving their highest levels of productivity. A manager can assist a company in achieving its operational and financial goals by supervising or training new employees.

You are given the primary responsibility of managing administrative tasks for a business as a business manager. You might be expected to help a business with its marketing strategy. You might be asked by a business to conduct a budget analysis in order to identify potential cost-saving measures. To run a business, you must have a thorough understanding of the accounting, marketing, and administrative processes involved.

Salary in Online Business Management Schools

The average annual wage for a business manager, according to the Bureau of Labor and Statistics, is around $77,000. In the following ten years, the position is anticipated to increase by at least 15%. Demands on businesses will rise as they attempt to adapt to online commerce. You might discover that it’s simple to land a job as a business manager if you have specialized knowledge of online sales. Additionally, employers will be on the lookout for people with accounting backgrounds who can reduce expenses.

Education Requirement

A four-year bachelor’s degree in administration, accounting, finance, or marketing is required to work as a business manager. If you’re applying for a job as a business manager, it can also help if you have a specialized certification, like a CPA license. Employers are now looking for people who can help with financial operations. To make sure that a company is complying with the most recent financial regulations, you might need to perform compliance work for the company. Companies are also looking for people with a master’s degree in accounting or business. At some point in your career, you should plan to earn an MBA in management or accounting.

Skills Requirements

You need to be a strong analyst if you want to succeed as a business manager. You must anticipate the demands that an organization will face in the future. It’s critical that you can collaborate effectively with others. You ought to be able to get along with many different types of people. You’ll be looked to by your team for direction and inspiration. When the business is under a lot of pressure, you should be able to motivate employees to excel at their jobs. If a company expects you to perform a monthly budget analysis of its operations, you may also need to have strong accounting skills.

Responsibility 

Business managers typically have oversight duties, contract reviews, and assisting staff in maximizing productivity as part of their duties. A business manager might also be asked to oversee or informally coach brand-new hires. He or she might also be required to help with event planning for a business. A business manager is crucial to the smooth operation of a company, so it is crucial that he or she be able to handle high levels of stress.

Best Online Business Management Schools

Though it plays a significant role in society, how many of us are familiar with it? or possess business acumen? or introduce novel concepts to the market?

Getting a degree in business management is one way to become an expert. You’ll acquire the abilities and information required for professional success.

You’re not required to return to campus either. Especially if you work full-time, earning an online business management degree is a practical and flexible option.

How to get going is as follows:

  1. To determine if an online business management degree is right for you, explore this page.
  2. View our sponsored programs as well as the top-ranked online business management degree programmes.
  3. To find the school that best suits your schedule, budget, and career goals, ask for more information from the ones you are interested in.

What Is a Business Management Degree?

What the Degree Is About?

You’ll learn management fundamentals, business principles, and many skills that are useful in your industry, like financial forecasting and operational planning.
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What Time Does It Take?

You’ll take three to five years to complete the degree. Accelerated courses can last up to 1.5 years but have a heavier workload.
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Work Path

There are many career options available in the business world, including accounting, sales, corporate leadership, and financial analysis.

Remember 

There are three typical configurations for a bachelor’s degree in business management:
  1. Math and analytics are highlighted in the business management bachelor of science (BS).
  2. The BA in business management places a strong emphasis on soft skills learned in liberal arts courses.
  3. The organizational management component of a bachelor of business administration (BBA) in management is highlighted.

The Best Online Business Management Schools for getting a Degree

Rankings compiled by the BestColleges Ranking Team

How They Rank Schools

A college education is one of the most significant investments you can make, according to BestColleges. By providing transparent, inclusive, and pertinent school rankings, we hope to assist you in navigating the college selection process.

The Bestcollages rankings are based on a few guiding principles and the most recent statistical information that is currently available from reliable sources. For more information, see our methodology for ranking. We sincerely hope that our method aids in your search for the ideal institution.

#1 The Best Online Bachelor’s in Business Management Degree Programs

Southern New Hampshire University

  • location-marker icon Manchester, NH
  • 4 years
  • Online + Campus
Organizational leadership is a concentration offered by SNHU’s bachelor of science in business administration programme. Students gain knowledge on how to use management principles in practical settings. A general education foundation and essential business administration courses are part of the programme. Students study organisational change, leadership, and business law.

100% Online | Self-Paced Classes 

Avg. Cost per Credit
In State | $206
Out of State | $619

Credits to Graduate
120

Program Information
Degree-Completion Program | Yes
Program Accreditation | Association to Advance Collegiate Schools of Business 



Average Tuition
In-state
$30,756
Out-of-state
$30,756
Retention Rate
65%
Admission Rate
88%
Students Enrolled
113,514
#2 The Best Online Bachelor’s in Business Management Degree ProgramsLiberty University
  • location-marker icon Lynchburg, VA
  • 4 years
  • Online + Campus
Students who enrol in Liberty’s bachelor of science in business administration programme learn management techniques for careers in business. This application is entirely online. Students take courses in conflict resolution, team dynamics, and project management.

Transcripts from high school as well as a form for high school self-certification are submitted by first-year students. Candidates must have a minimum GPA of 2.0.

100% Online | Self-Paced Classes

Avg. Cost per Credit
In State | $390 per credit for full-time learners; $455 per credit for part-time learners
Out of State | $390 per credit for full-time learners; $455 per credit for part-time learners

Credits to Graduate
120

Program Information
Degree-Completion Program | No
Program Accreditation | Accreditation Council for Business Schools and Programs

Average Tuition
In-state
$15,417
Out-of-state
$15,417
Retention Rate
81%
Admission Rate
51%
Students Enrolled
85,586
#3 The Best Online Bachelor’s in Business Management Degree Programs

Western Governors University

  • location-marker icon Salt Lake City, UT
  • 4 years
  • Online

Students can get ready for leadership positions or graduate programmes with WGU’s online business management bachelor’s degree. The competency-based model used by the school enables students to move through the curriculum at their own pace. Instead of earning credits or finishing a predetermined number of courses, students master essential skills and concepts.

Transcripts and prior employment are evaluated by WGU. An intake interview is completed by applicants.

100% Online | Self-Paced Classes

Avg. Cost per Credit
In State | $390 per credit for full-time learners; $455 per credit for part-time learners
Out of State | $390 per credit for full-time learners; $455 per credit for part-time learners

Credits to Graduate
120

Program Information
Degree-Completion Program | No
Program Accreditation | Accreditation Council for Business Schools and Programs

Average Tuition
In-state
$6,380
Out-of-state
$6,380
Retention Rate
73%
Admission Rate
Not provided
Students Enrolled
136,139
#4 The Best Online Bachelor’s in Business Management Degree Programs

Florida International University

  • location-marker icon Miami, FL
  • 4 years
  • Online + Campus

For first-time college students, the bachelor’s in business management programme at FIU offers a four-year path and a two-year option. First-year students must have a minimum GPA of 2.5. They provide ACT or SAT scores as well as certified high school transcripts.

This programme is entirely online and includes classes in marketing, accounting, and finance. Students finish the general management track. Additionally, those looking for degrees can concentrate in leadership and change, green management, or entrepreneurship.

100% Online | Self-Paced Classes 

Avg. Cost per Credit
In State | $206
Out of State | $619

Credits to Graduate
120

Program Information
Degree-Completion Program | Yes
Program Accreditation | Association to Advance Collegiate Schools of Business 

Average Tuition
In-state
$4,721
Out-of-state
$16,529
Retention Rate
89%
Admission Rate
58%
Students Enrolled
58,711

Why Should You equep a Business Management Degree?

A bachelor’s degree in business management can be a great first step if you want a lot of job options, a wide range of skills for various industries, or a running start up the career ladder.

“Students who get a business management degree are given the necessary tools for career success. Students are given the opportunity to analyse and respond to a wide range of business issues in a variety of contexts thanks to the numerous topic discussions, cases, and projects.”

John Upson

— Dr. John Upson, Associate Dean and Professor of Management, University of West Georgia’s Richards College of Business

Benefits of a learing in Online Business Management Scools

  • Become eligible for lucrative business careers
  • greater influence and reach
  • access to a variety of employment options
  • Expand your skill set in marketable areas Sharpen your business sense
  • Increase your potential lifetime income
  • Obtain credibility in the business world
  • Boost your chances of finding a stable job

Reasons to Get Your Business Management Degree From Online Schools

  • Earn a degree while keeping your job.
  • juggle work, school, and childcare.
  • Adaptable class times
  • Organize your educational pace.
  • Adaptive learning strategies for neurodiversity
  • the capacity to learn anywhere
  • Environment for self-directed learning that is ideal for career changers

“Being able to work while attending school was a huge perk for me. I was a little older, so I couldn’t just quit my job and go to school.”
— Todd Ramlin, Cable Compare manager


10 Popular Bachelor’s In Business Management Jobs

Job Median Salary (May 2021) Job Growth Rate (2021-31)
Marketing Manager $133,380 10%
Sales Manager $127,490 5%
Human Resources Manager $126,230 7%
Administrative Services Manager $99,290 7%
Financial Analyst $95,570 9%
Management Analyst $93,000 11%
Operations Research Analyst $82,360 23%
Budget Analyst $79,940 3%
Business Consultant $78,000 (accurate as of August 2022) N/A
Market Research Analyst $63,920 19%

Sources: Bureau of Labor Statistics, Payscale

Frequently Asked Questions About a Bachelor’s in Business Management

What position with a business management degree pays the most?

One of the highest-paying positions you can get with a business management degree is as a marketing manager, with a median annual salary of $133,380. The BLS predicts a 10% job growth increase for marketing managers between 2021 and 2031, which is higher than the national average of 5%.

Does managing a business involve a lot of math?

Yes. In business management, you will undoubtedly need to use math, but the emphasis is typically on arithmetic and algebra rather than higher-level ideas like calculus and trigonometry. To assist you in managing payroll, hiring, and firing, you’ll analyse things like budgeting, expenses, and profits. Skills for the job will include statistical analysis and familiarity with spreadsheets and charts.

What is higher, a BS or a BA in business management?

There are two business management degrees available: a BA and a BS. But the two degrees differ significantly in important ways. A BA in business management places a strong emphasis on in-demand soft skills like critical thinking, creativity, and communication. A BS in business management, however, places more of an emphasis on math and analytical abilities.

Some universities also offer a BBA in management, which primarily focuses on organisational management.

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