If you're thinking about earning a Bachelor of Science in Business Administration (BSBA) in the near future, you're not alone. The BSBA is a popular degree for both online and traditional students, due to its versatility and high recognition among employers as well as educational institutions.
Behind the popularity of business education
According to a 2016 survey by The Learning House, the BSBA was easily the most popular degree option for online undergraduate students. More specifically, it accounted for 26 percent of their degrees that year, a full 10 percentage points ahead of the second-place finisher, health and medicine. Business was also the number one major for online graduate students.
These numbers align with broader statistics on business education. Since the early 1980s, business has been the most frequently awarded bachelor's degree; the U.S. National Center for Education Statistics revealed that more than 363,000 such degrees were granted during the 2014-2015 school year. While there's no doubt the BSBA and related degrees – including the including the Master of Business Administration (MBA) – are popular, why are so many students eager to take the business track?
The educational and professional benefits of earning a BSBA
Like other business degree tracks such as the MBA, the BSBA provides flexibility and practical background for students, which translates into many rewarding career options. The U.S. Bureau of Labor Statistics (BLS) estimated that the median salary for all business and financial occupations was more than $66,000 in May 2016, well ahead of the $37,040 median for all occupations.
In addition to the potential for relatively high earning, BSBA holders also benefit from:
- Exposure to the most recent theories and practices for organizational management.
- Daily practice with common financial, HR and communication tools.
- Coursework in business ethics and analytical techniques.
- Experience in working with other students on team projects.
- Options for specific concentration areas, such as healthcare administration.
- Preparation for later graduate education such as an MBA.
You can think of the BSBA as the educational equivalent of a Swiss Army Knife. A typical curriculum might include a wide variety of courses covering topics in economics, statistics, writing, accounting, marketing, information technology and supply chain management. With such a broad conceptual and practical background, students emerge with BSBAs are well-equipped to explore many career paths and additional education options.
"Think of the BSBA as the versatile educational equivalent of a Swiss Army Knife."
At the same time – as we saw in the numbers from Learning House – the BSBA is uniquely suited to an online format. It doesn't typically require any extensive in-person meetings or other activities that would necessitate a specialized setting. This is good news for students looking for maximum flexibility as they plan the next stages of their educations and careers.
Earn your online BSBA at Gwynedd Mercy University
Gwynedd Mercy University offers several options for business education, including online tracks toward a BSBA. Online BSBA students benefit from the accelerated format, in which courses are offered one at a time in five-weeks blocks.
This setup is ideal for students who need to keep working while they earn their degrees. Moreover, the experienced and friendly personnel within the program make BSBA attainment as straightforward as possible.
"The staff is very approachable and easy to get along with," stated GMercyU BSBA student Rasha Heath.
Interested in earning a BSBA from GMercyU from the convenience of your home? You can get started by learning more about your business education options on our main program page, where you can also contact counselor for additional info.