Best Online Business Management Programs of 2022
Learn how an online bachelor's in business management can help you find a high-paying job in a variety of industries.
Updated September 22, 2022
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An online bachelor's degree in business management is a popular, flexible, and versatile major that can prepare learners for a variety of successful, lucrative careers. This page features a list of the top-ranked business management programs in 2022, as well as information about admission requirements and financial aid. We also highlight potential business-related career paths for graduates and answer some frequently asked questions about business management degrees.
Students with a bachelor's in business management can pursue a career in entrepreneurship, small business management, or corporate leadership. As a versatile and flexible major, business management can lead to many high-paying business careers, including top executive positions in marketing, finance, and human resources.
www.bestcolleges.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.
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According to the Bureau of Labor Statistics (BLS), human resources executives earned a median annual salary of $121,220 in 2020. Additionally, many graduates go on to earn an MBA or another graduate degree in a business-related field.
Best Schools for a Bachelor's in Business Administration
Methodology: BestColleges' Ranking Factors
Our rankings are grounded in a few guiding principles and use the latest statistical data available from trusted sources. Read our ranking methodology. We hope our approach helps you find the school that is best for you.Academics (50% of total score)
- Admissions Rate
- Enrollment Rate
- Full-Time Retention Rate
- Graduation Rate
- Number of Bachelor's Degree Graduates in the Given Subject
Affordability (25% of total score)
- Average Net Price
- Percentage of Enrolled Students Taking Federal Loans
- Average Loan Default Rate
Online Programming (25% of total score)
- Percentage of Bachelor's Degree Programs Offered Online
- Percentage of Programs Offered at the Bachelor's Level
- Percentage of Enrolled Students Taking Online Courses
Is your school on this list? Get the BestColleges ranking seal.
#1
Southern New Hampshire University
| School Information | |
|---|---|
| Location | Manchester, New Hampshire |
| Admission Rate | 88% |
| Graduation Rate | 44% |
| Instituation Type | Private |
| Accreditation |
Yes
|
| Percent Online Enrollment |
94%
|
SNHU's bachelor of science in business administration offers a concentration in organizational leadership. Enrollees learn how to apply management principles to real-world situations. The curriculum includes a general education foundation and core business administration courses. Learners study business law and organizational leadership and change.
Applicants submit a high school or GED diploma. Prospective students should forward transcripts from any previously attended schools.
100% Online or Hybrid | Self-Paced Classes
Avg. Cost per Credit
In State | $320
Out of State | $320
Credits to Graduate
120
Program Information
Degree-Completion Program | No
Program Accreditation | Accreditation Council for Business Schools and Programs
#2
Liberty University
| School Information | |
|---|---|
| Location | Lynchburg, Virginia |
| Admission Rate | 51% |
| Graduation Rate | 47% |
| Instituation Type | Private |
| Accreditation |
Yes
|
| Percent Online Enrollment |
92%
|
Liberty's bachelor of science in business administration teaches enrollees management skills for business careers. This program runs fully online. Learners take courses in project management, team dynamics, and conflict resolution.
First-year students submit their high school transcripts and a high school self-certification form. Applicants need a minimum 2.0 GPA.
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
#3
Western Governors University
| School Information | |
|---|---|
| Location | Salt Lake City, Utah |
| Graduation Rate | 21% |
| Instituation Type | Private |
| Accreditation |
Yes
|
WGU's online bachelor's in business management prepares students for graduate programs or leadership careers. The school's competency-based model allows students to progress through the program at their own pace. Enrollees master skills and key concepts rather than complete credits or a set number of courses.
WGU evaluates transcripts and prior work experience. Applicants complete an intake interview.
100% Online | Self-Paced Classes
Avg. Cost per Credit
In State | $3,575 per six-month term
Out of State | $3,575 per six-month term
Credits to Graduate
120 units
Program Information
Degree-Completion Program | No
Program Accreditation | Accreditation Council for Business Schools and Programs
#4
Florida International University
| School Information | |
|---|---|
| Location | Miami, Florida |
| Admission Rate | 58% |
| Graduation Rate | 63% |
| Accreditation |
Yes
|
| Percent Online Enrollment |
68%
|
FIU's bachelor's in business management provides a four-year pathway for first-time college students and a two-year option for transfer students. First-year students need a minimum 2.5 GPA. They submit official high school transcripts and ACT or SAT scores.
This fully online program covers areas such as finance, accounting, and marketing. Enrollees complete a general management track. Degree-seekers can also pursue a concentration in entrepreneurship, green management, or leadership and change.
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
#5
University of Maryland Global Campus
| School Information | |
|---|---|
| Location | Adelphi, Maryland |
| Graduation Rate | 15% |
| Accreditation |
Yes
|
| Percent Online Enrollment |
90%
|
UMGC offers an online bachelor's in management studies that teaches learners decision-making, problem-solving, and leadership skills. Graduates may pursue careers in business, government, or public service. The curriculum explores organizational leadership. Students complete courses such as knowledge management and managing e-commerce in organizations.
Prospective students with a high school or GED diploma qualify for undergraduate admission.
Online | Self-Paced Classes
Avg. Cost per Credit
In State | $306
Out of State | $499
Credits to Graduate
120
Program Information
Degree-Completion Program | No
Program Accreditation | N/A
#6
Pepperdine University
| School Information | |
|---|---|
| Location | Malibu, California |
| Admission Rate | 32% |
| Graduation Rate | 86% |
| Instituation Type | Private |
| Accreditation |
Yes
|
| Percent Online Enrollment |
18%
|
Enrollees can complete Pepperdine's online bachelor of science in management in two years. Online learners develop their business management skills through coursework in areas like critical theory and managerial problem solving.
Applicants to this online bachelor's in business management program must complete 60 lower-level credits or an associate degree from a regionally accredited college or university.
100% Online | Scheduled Classes
Avg. Cost per Credit
In State | $1,290
Out of State | $1,290
Credits to Graduate
120
Program Information
Degree-Completion Program | Yes
Program Accreditation | Association to Advance Collegiate Schools of Business
#7
Averett University
| School Information | |
|---|---|
| Location | Danville, Virginia |
| Admission Rate | 24% |
| Graduation Rate | 100% |
| Instituation Type | Private |
| Accreditation |
Yes
|
| Percent Online Enrollment |
97%
|
Averett offers an online bachelor of science in business administration with a concentration in management science. Learners can complete this accelerated degree-completion program in two years.
The program admits high school graduates with some work and college experience. Students may transfer up to 90 credits from a regionally accredited institution.
100% Online | Self-Paced Classes
Avg. Cost per Credit
In State | $480
Out of State | $480
Credits to Graduate
120
Program Information
Degree-Completion Program | Yes
Program Accreditation | N/A
#8
Syracuse University
| School Information | |
|---|---|
| Location | Syracuse, New York |
| Admission Rate | 44% |
| Graduation Rate | 83% |
| Instituation Type | Private |
| Accreditation |
Yes
|
| Percent Online Enrollment |
15%
|
Syracuse's online bachelor's in business management program combines self-paced learning with interactive, scheduled classes. The curriculum includes 25% general liberal arts credits and 75% career-specific credits. Enrollees study international business, global leadership, and project management.
Syracuse offers six start dates throughout the year. Applicants submit a personal statement, resume, and official transcripts.
100% Online | Self-Paced Classes and Scheduled Classes
Avg. Cost per Credit
In State | $695
Out of State | $695
Credits to Graduate
120
Program Information
Degree-Completion Program | No
Program Accreditation | Association to Advance Collegiate Schools of Business
#9
Thomas University
| School Information | |
|---|---|
| Location | Thomasville, Georgia |
| Admission Rate | 38% |
| Graduation Rate | 47% |
| Instituation Type | Private |
| Accreditation |
Yes
|
| Percent Online Enrollment |
100%
|
TU's online bachelor's in business management runs fully online. Distance learners complete general education and business core classes. Enrollees study topics such as finance, accounting, and strategy.
TU bases entrance decisions on official transcripts and GPA. Applicants may earn credit toward the degree from prior college credit, military service, work-related training, or life experience.
100% Online | Self-Paced Classes
Avg. Cost per Credit
In State | $450
Out of State | $450
Credits to Graduate
120
Program Information
Degree-Completion Program | No
Program Accreditation | N/A
#10
LeTourneau University
| School Information | |
|---|---|
| Location | Longview, Texas |
| Admission Rate | 45% |
| Graduation Rate | 63% |
| Instituation Type | Private |
| Accreditation |
Yes
|
| Percent Online Enrollment |
60%
|
LETU's online bachelor's in business management emphasizes management techniques and key business concepts. Learners take classes in law, ethics, finance, and marketing. The curriculum includes 12 credits in theology and vocation.
Online learners take one course at a time in five- or 10-week terms with coursework due weekly. LETU admits students up to 10 days prior to the start of classes. The school bases admission on official transcripts, SAT or ACT scores, and class rank.
100% Online | Scheduled Classes
Avg. Cost per Credit
In State | $380-$410
Out of State | $380-$410
Credits to Graduate
120
Program Information
Degree-Completion Program | No
Program Accreditation | N/A
Still Looking for the Right Fit? Discover Similar Programs.
Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
Business Management Degree Overview
Earning an online bachelor's degree in business management prepares graduates to serve as entrepreneurial thinkers and corporate decision-makers in small businesses and international enterprises. Students learn to manage corporate resources by applying their knowledge of analysis and information technology. They also explore topics such as law, ethics, behavioral dynamics, and quantitative analysis.
As the most popular major in the U.S., business programs can prepare learners for a variety of careers, including accountant, sales manager, financial analyst, and market research analyst.
Business management programs cover topics such as accounting, entrepreneurship, finance, healthcare administration, and nonprofit leadership. This degree's main objective is to ready learners to work in businesses or pursue a graduate education in business management. A core of business management courses — as well as general education and elective classes — support that objective.
What Can I Do With a Business Management Degree?
Business management degrees are extremely versatile and can open up a variety of career paths.
Nearly every company, organization, service, and system will need some level of management and business acumen.
While the median annual wage for business and financial occupations in 2021 was $76,570, management positions typically see much higher salaries.
According to the BLS, the business management jobs with the highest median salaries include advertising, promotions, and marketing managers ($133,380); financial managers ($131,710); compensation and benefits managers ($127,530); sales managers ($127,490); human resources managers ($126,230); and training and development managers ($120,130).
Management occupations are projected to grow 9% from 2020-2030, which would translate to more than 900,000 new jobs.
This growth suggests that business management graduates will have a good chance at landing a job after graduation. Management degrees also tend to have a relatively fast promotion track and many opportunities for growth.
Courses in an Online Business Management Bachelor's Program
Financial Accounting
Learners in this course study the rules and regulations related to preparing financial information for internal and external sources in order to evaluate an organization's financial health. Students learn to interpret and communicate financial accounting information and to understand the overall system of accounting.
Principles of Marketing
Students examine the fundamental concepts of marketing, which include an organization's functions for creating, communicating, and delivering value to its customers. Designed to meet organizational goals and customer needs, these functions include distribution, environmental monitoring, marketing research, target market selection, product selection, promotion, and pricing.
Principles of Management
A writing-intensive course, students in this class examine the principles and fundamentals of management in order to understand formal organizational management. Topics include theories of planning and decision-making in an organizational context, as well as the unique challenges of international management.
Managing Organizational Change
Students learn methods of effective human resources management during periods of organizational change. The course emphasizes change management as it contributes to a company's survival, growth, increased productivity, and conflict management. Students closely consider change in complex, volatile, and international environments.
Global Financial System
This course exposes students to the global financial architecture, including the operational practices of global financial markets and multinational financial institutions. Course content focuses on international banking and international capital markets. Students also explore the international financial environment and its functions, operations, and products.
Admission Requirements for Business Management Students
Admission requirements for online bachelor's in business management programs typically mirror those of on-campus options. However, online students must also ensure their computers meet the technology requirements for the school's learning platform. Check out the common admission requirements below.
Minimum GPA
Applicants typically need to hold a minimum GPA. For traditional learners, this usually applies to high school coursework. For students with some college-level experience, this may apply to previous collegiate coursework. Applicants who do not meet minimum GPA requirements can contact the admissions office to learn about alternative admission policies.
Minimum SAT/ACT Score
While some schools accept applicants who have not taken a standardized test, many require exam results as part of the application package. Admission may require a minimum score on the SAT or ACT. Some colleges — especially community colleges — administer their own alternative admission or placement tests.
High School Diploma
Admission into a bachelor's program requires an applicant to hold a high school diploma or the equivalent, such as a GED certificate. Some schools expect students to complete pre-collegiate coursework as part of their high school experience, while others accept any diploma. Homeschooled applicants may receive an exemption from these admission requirements provided they meet other standards.
Admission Requirement
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Minimum Age Standards
Though most online bachelor's in business management programs welcome all qualified learners, some exclusively serve adult students. In these instances, applicants need to meet a minimum age standard — usually 21-24 years. Married students and members of the U.S. armed services who are younger may also qualify as adult learners.
Explore Our Financial Aid ResourcesHow to Choose an Online Bachelor's Program?
Cost
The cost of an online bachelor's in business management can vary drastically based on whether students attend a public or private institution. In general, attending a public school as an in-state resident is the cheapest option. Students should understand the true program cost before committing. They should also compare the cost differences between on-campus and online programs.
Program Format
When looking at an online bachelor's in business management, students will likely come across both synchronous and asynchronous offerings. Those looking for more flexibility typically go with the asynchronous option. Degree-seekers can also choose between part-time and full-time programs. Additionally, some schools offer accelerated learning options.
Location
If an online bachelor's in business management does not require on-campus meetings, learners can essentially choose from colleges and universities across the country. That said, students enrolled in programs with on-campus requirements may want to pick an institution closer to home to save on travel expenses.
Accreditation
Failing to attend an accredited school can create issues when transferring credits to another institution, applying for graduate programs, and finding work. Students should look for regionally accredited institutions and business programs accredited by AACSB.
Student Support
Finding a program that offers ample support services can positively impact a student's educational experience. A great program will offer college mentorship opportunities and access to top-tier internships. Student services cover various support programs that are available to both on-campus and online learners.
Benefits of a Business Management Degree
Graduating from a bachelor's in business management program can lead to careers in analysis, marketing, sales, and personnel management. These positions tend to offer higher pay and more responsibility than the entry-level jobs available to people with an associate degree in business.
To advance their careers, some business professionals go on to pursue a master's degree in management, an MBA, or another advanced degree. However, most mid-level jobs do not require a graduate-level education. Additionally, some business professions call for licensure.
For example, a CPA needs to hold a state-authorized license, while a financial analyst can advance in their career with a securities broker license from the Financial Industry Regulatory Authority.
Career Outlook
As one of the most popular college majors, bachelor's in business management programs offer a strong footing for professional growth and advancement. Graduates can work in many business functions, including marketing, human resources, finance, operations, accounting, and communications.
As of October 2021, PayScale reported that the average base salary for professionals with a BS in business management was about $70,000 — significantly higher than the national average for all occupations. Professionals with ample experience and/or an advanced degree can take home six-figure salaries.
Students seeking job stability often gravitate towards these programs, as business careers are consistently in demand. The BLS projects 8% growth for business and financial occupations from 2020-2030.
See where a bachelor's in business management degree can take you. Learn more about business management careers.
Continuing Education
Completing an online bachelor's in business management provides graduates with the skills and qualifications needed to compete for a variety of entry-level positions. While professionals can climb the career ladder by gaining industry experience, earning an advanced degree can often accelerate this process.
For many business management graduates, the next logical step may involve completing an MBA. These programs typically take 1-2 years to complete and usually require applicants to possess several years of relevant experience.
Job Options for Business Managers
Management Analysts
Working in both in-house and consultative roles, management analysts help companies improve their efficiency and effectiveness. These professionals work with managers to reduce costs, increase income, motivate staff, and address other departmental issues.
Median Annual Salary: $87,660 (May 2020)
Administrative Services and Facilities Managers
Also known as business office managers and operational managers, these professionals manage administrative aspects and help ensure businesses run smoothly. They oversee office staff, create and update policies to improve operations, contract with vendors to ensure facilities are properly maintained and kept secure, and outsource maintenance or business supply requests.
Median Annual Salary: $98,890 (May 2020)
Financial Managers
These professionals ensure their companies remain financially viable and healthy. Financial managers accomplish this by creating long-term strategic planning around financial matters, overseeing investment activities, and reviewing financial reports to ensure the company meets its target. They also oversee other financial staff to ensure they follow all legal requirements.
Median Annual Salary: $134,180 (May 2020)
Sales Managers
Sales managers lead sales teams to ensure they are maximizing profit by setting sales goals, meeting customer expectations, handling complaints, and working with the marketing department to build brand and product awareness. They also oversee sales representatives and set departmental budgets.
Median Annual Salary: $132,290 (May 2020)
Advertising, Promotions, and Marketing Managers
These professionals create marketing plans that help build consumer awareness for products and services. They work with sales departments to lead marketing campaigns, use in-house teams and outside vendors to create advertising materials, and evaluate new media opportunities for advertising and marketing. They also oversee other marketing staff.
Median Annual Salary: $141,490 (May 2020)
Business Management Not For You? Check Out These Related Careers.Frequently Asked Questions About Online Bachelor’s in Business Management Programs
What kind of jobs can you get with a business management degree?
A bachelor's in business management can prepare students for a variety of lucrative careers, making it one of the most popular majors available. Graduates often find work as sales managers, finance managers, human resource executives, advertising directors, or health services managers. The degree can also qualify students to apply to MBA programs.
Is a business management degree a BA or a BS?
At many schools, students can choose to pursue a BA or a BS in business management. A BA offers a broader academic curriculum that incorporates more social and human studies, while a BS typically emphasizes technical skills. Either degree can prepare students to pursue an MBA or a career in business.
What is the average salary for graduates with a business management degree?
According to PayScale data as of October 2021, a professional with a bachelor's degree in business management earns an average salary of about $66,000 per year. A worker's industry, location, and experience can influence their income.
How long does it take to get a bachelor's degree in business management?
Earning a bachelor's degree in any field typically requires about four years of full-time study. Students who take advantage of summer school, CLEP or DANTES exams, and/or credit-for-experience options may shorten their time in school. Additionally, learners who already hold an associate degree can often finish a bachelor's program in about two years.
What business degree pays the most?
In the right role, any online business degree can lead to lucrative employment. However, online bachelor's degrees in business management that emphasize information systems management can be especially lucrative. According to the BLS, computer and information technology jobs paid a median annual salary of $91,250 in 2020.
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BestColleges.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.
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