Degrees in business are widely sought, and it should come as no surprise, given the high salaries that often come with a business degree. In 2009, the median salary among graduates from the top 40 business schools ranged from $120,000 a year at the top to $84,000 at the bottom. It is no secret that a business degree can launch a potentially lucrative new career.
Online Business school Offer a Variety of Degrees
Yet there are many schools to choose from, and it can be hard to tell which school is the right one for you. The first thing to decide is just what kind of business degree you plan to seek from online schools for business. Degree specialties can include such focuses as:
1. Business management
2. Business administration
3. Finance
4. Accounting
5. Marketing
Degrees in all of these fields are considered business degrees, and those degrees can be sought at various online business programs. To get the most out of an online business degree, you should first decide what your expectations are by determining the program of study that best suits you.
Accreditation of Online Business School
The first thing you can do when determining if an online business school is worth attending is to find out whether the school has been accredited by an appropriate agency. Accreditation agencies evaluate the merits of online schools for business and award accreditation based on whether it lives up to established standards. You should be wary of attending any school that is not accredited by at least one agency.
Accrediting bodies include the Association to Advance Collegiate Schools of Business or AACSB. Standards by which the AACSB evaluates various business schools include:
A school's mission statement and capacity to follow through with it
Economical use of available resources
The rigor of the curriculum
Research conducted at the school
Contributions to peer-reviewed journals generated by those attending or running the school
Standards among accrediting bodies vary.
Financial Aid
Another consideration to make when thinking of attending an online business school is how you will pay for it - typically one of the first things an applicant thinks of.