2023 Most Affordable Online Colleges for Business Degrees

How Much Does an Online Colleges Business Degree Cost?

The amount of money needed to get a bachelor’s degree in business through the internet might range quite a bit based on the many different aspects. The completion of a bachelor’s degree program typically requires a total of 120 credit hours. The most cheap alternatives on this list include tuition costs that range anywhere from $18,000 to $30,000, depending on a per-credit cost of between $150 and around $250 for the most economical options available. Compare this to the cost of a single credit at some of the other online bachelor’s degree programs in business, which may reach a maximum of $1,343 and add up to a total of $161,160 for the degree.

The kind of institution (public, private, or non-profit), the structure of the degree (online or in-person), and whether the student is paying in-state or out-of-state tuition are all variables that influence the cost per credit. These figures do not take into account any extra costs, such as those associated with graduation, technology, books, supplies, or any other fees that are typically assessed by educational institutions.


Students who choose to pursue their education via online courses are often qualified for several forms of financial aid, including grants and scholarships, which may reduce the overall cost of their college education. Veterans, service members currently on active duty, and dependents may be eligible for tuition help at colleges that are supportive of the military. Some universities form partnerships with other organizations in order to provide discounted tuition rates to the members of those organizations or the workers of those organizations. Other institutions may consider past learning credits and job experience in order to expedite the application process.

Help with Finances for People Studying Online for Their Businesses

Students attending authorized online schools and universities may participate in federal financial assistance programs either on-campus or via distance learning. For the majority of their costs, many students need financial assistance from the federal government, from their state, and from their schools. It is preferable to receive funding in the form of grants or scholarships because these types of awards do not need to be repaid.

However, your financial aid package might also include a student loan, which is a loan that you take out to pay for your education and that accrues interest. Before agreeing to the terms of the loan, it is important to conduct careful research on them and to keep in mind that the terms of repayment for federal student loans are typically more favorable than those for private student loans.

The Free Application for Federal Student Aid (FAFSA) is what you need to fill out and send in if you want to apply for any of these kinds of financial aid (FAFSA). After this application has been examined, the schools that are interested in you will get in touch with their financial aid offers. The College Board estimates that the typical total award for an undergraduate student is $14,800; however, the amount can vary greatly depending on the particular circumstances of each student.

There are also private scholarships available, but you will need to apply for them separately because they are not covered by the FAFSA. In addition, private scholarships are typically sponsored by organizations that are not-for-profit as well as businesses that are for profit.

Students majoring in business and aspiring business owners who have a non-profit or for-profit business idea are eligible to apply for one of two scholarships worth $1,000 each that are offered by Harvard Business Services. Applicants must be at least 18 years old and enrolled full-time in a college or university that has been recognized.

Scholarships of varying amounts are provided by JRF to high school seniors from underrepresented groups who have excelled academically and intend to enroll in an accredited four-year college or university after graduation. In addition, recipients will have access to mentoring services and educational guidance throughout the course of their academic careers.

Hispanic students who are pursuing higher education can apply for one of LULAC’s three different types of scholarships, which range from $250 to $2,000 in total award value. For students to be eligible, they need to have a GPA of 3.0 or higher. Other scholarships and emergency funding ranging from $500 to $20,000 are made available to Hispanic students thanks to LULAC’s partnerships with a number of large corporations.

Students can look through our resources about paying for a college degree to get advice on how to keep their education within their financial means.

Courses Taught Via the Internet That Deal With Business

Students who enroll in business degree programs or take business classes online can expect to acquire the fundamental information and hands-on skills that are necessary for success in the working world. In order for this goal to be accomplished, students are frequently required to participate in activities such as research, writing, group projects, and oral presentations.

These kinds of assignments are designed to prepare students for the kinds of work they may be required to do on the job. Students are able to cultivate essential skills such as analysis, problem-solving, collaboration, and verbal and written communication while participating in the process. Additionally, some students choose to concentrate their studies in a particular field, such as accounting or finance, and they take additional classes in those topics.

Communication in the World of Business

Students in this class learn how to write business correspondence, emails, reports, and other types of documents using a tone and voice that is professional. In addition to that, it is possible that they will be required to produce visual presentations as well as oral presentations, either individually or in groups. Students will be able to gain knowledge of software programs that are typically utilized in commercial settings thanks to these projects.

Administration of Personnel Resources

This introductory course is intended to provide students with a broad overview of the many interrelated and frequently complex topics that are found within the field of human resources management. Among these are labor unions, legal concerns, strategy, issues pertaining to hiring and recruiting new employees, as well as compensation and benefits. Students who have a vested interest in this field may wish to give serious consideration to majoring in human resource management so that they can pursue a related line of work after graduation.

Accounting for Managers & Executives

Students typically take managerial accounting as a companion course to financial accounting, which focuses on fundamental accounting methods and bookkeeping. In managerial accounting, students learn how to comprehend, interpret, and base decisions on an organization’s financial records. The significance of accounting in terms of planning and budgeting is typically given a lot of weight, and there is also a strong emphasis on terminology.


In the beginning of the course, students will be given an introduction to the fundamental building blocks of marketing, which are commonly referred to as the “four Ps.” These building blocks are product, promotion, price, and place (or distribution). Students gain a better understanding of how efforts made in marketing can be used to raise awareness of an organization and turn its target audience into customers as the course progresses. The materials for the course also explain how marketing is related to various other functions of a business, such as accounting, planning, operations, and production.

The Foundations of Management

This course, which is typically one of the first classes students take in a business administration program, gives students an overview of basic managerial functions. The course materials will cover a wide variety of topics that are related to one another, such as the culture of corporations, the environment of businesses, how decisions are made, how goals are set, individual behavior, and the structure of organizations. Additional topics could include things like business strategy, leadership, ethics, and international trade.


The Concentration of Businesses

If you want to become an expert in a certain field, studying a specific subject area within your major can help you gain a competitive edge. If you choose to specialize in a field that is experiencing rapid expansion, this could lead to increased salaries as well as new opportunities in the job market.

The fields of finance, human resources, marketing, logistics and supply chain management, and entrepreneurship are just some of the popular specialization options available to students majoring in business. There is no need to complete any additional coursework because the classes you take for your concentration typically count toward your major.

Career Opportunities for Graduates of Online Businesses

When completed, a bachelor’s degree in business earned online can provide graduates with the knowledge and abilities necessary for professional success after graduation. In addition, a significant number of these positions offer competitive salaries and are located in industries that are anticipated to experience rapid expansion.

The median annual salary of a financial manager is $134,180.

When it comes to making intelligent decisions about the company’s future, having leaders who understand the organization’s financial structure is invaluable. They ensure that an organization is meeting its legal financial obligations and goals by preparing financial statements and reports, as well as monitoring performance.

121,220 dollars per year is the median salary for HR managers.

The managers in charge of human resources serve as a link between management and staff. They handle employee issues and complaints, oversee recruitment and hiring, manage employee benefits and compensation programs, manage employee relations, and consult with other managers regarding policy and procedure.

The median annual salary for logisticians and managers of supply chains is $76,270.

The management of the flow of goods and services is the focus of the work of logisticians and supply chain managers, who operate in environments with a high rate of activity. They are in charge of overseeing the inventory management in addition to the purchasing, warehousing, and transportation of goods.

Accreditation Accreditation verifies that a school has attained a specific level of academic excellence, which is necessary for schools to be eligible for federal funding and for students to be able to use federal financial aid. Accreditation is a voluntary process. The Association to Advance Collegiate Schools of Business (AACSB), the Accreditation Council for Business Schools and Programs, and the International Accreditation Council for Business Education are the three most prestigious programmatic accrediting agencies for business program schools and programs.

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