Distance Learning Programs For Bachelors And Masters In Business Available Online

A bachelor’s degree in business can lead to a lucrative and rewarding career in the business world. The average salary range for a person with a bachelor’s degree in business is $41,000 to $56,000 a year. The range increases with a masters in business degree (MBA) to up to six figures. An online business degree program is an affordable route to obtaining both a bachelor’s and master’s degree in business.

An online program from an accredited school of business can be earned while the student is employed full time or has other obligations that make attending a traditional campus based college or university difficult. Often an online program is the better choice for a student and often is the only choice. Because there are no geographical restrictions, and because online college programs are generally cheaper than traditional campus based college programs, an online program places the ability obtain a degree in more peoples hands.

In a lifetime a person with a bachelors degree makes $308.000 more than a person without a bachelors degree. A person with a bachelor’s degree in business does even better with a lifetime gain of $349.000.

A person with a bachelors degree in business, working in financial services stand to make the highest salary, followed by those in healthcare, then insurance, then retail and finally banking. An online program will prepare the student for any of these areas.

If the student continues on for a masters in business administration (MBA) they can expect to make even more money. In the year 1975 there were only 35,000 MBA degrees awarded, in the year 2000 that number had grown to 112,000, an increase of 310%. The demand for well-educated individuals with this degree continues to increase. Online technology and the advancement of education into this arena brings the ability to obtain this degree to people who otherwise would not be able to complete it because of other obligations, such as work or family.

Should I Hire a Franchise Consultant to Buy Into a Master Franchise Business Opportunity?

Buying into a Master Franchise Business Opportunity is much different than buying single unit franchise. When you become a franchisee, you are going to be operating a small business with one location to start. You may eventually open additional units over time, but you are starting out small and within your means, comfort zone, and will most likely work in the franchised outlet.

Entering an agreement to become a Master Franchise is much different, as you will become a franchisor yourself within the exclusive territory or region where you develop the system under the corporate brand name. And it will take a lot of capital to get it done and stay up on your agreed upon development strategy and growth rate.

If this is your intention to become a Master Franchise then you really need to hire a franchising consultant that has been around the industry for a while, worked as an area developer and knows a thing or two about selling franchises and the regulations of the state or states where you will be conducting your operations and sales.

Where can you find a qualified franchising consultant that can help in this complicated process and negotiation? Well, first I recommend that you look online and check the resumes and references of consultants that are well versed in the franchise model. You may very well find the perfect match that fits your style of doing business and compliments your strengths and weaknesses.

You should ask them the following questions:

How long have you been involved in the franchising sector?

How well do you know the region, state or area?

What other franchisors have you worked with in the past?

Are you willing to sign a confidentiality agreement?

Can you help writing a business plan and negotiate with the Franchisor for me?

The Road To Your Masters in Business Administration

Due to the increasing population of the world, different types of demands are created for various kinds of products and services. People who provide such products and services are called businessmen. The activities that they do within their authority is clubbed together to term it as a business. But not every man is a born businessman. Therefore, several degrees have been introduced in different colleges in order to enlighten the minds of the students about how to start, develop and survive a business in the competitive market.

Business Degrees

One of the most popular business degrees is MBA (Masters in Business Administration), that is recognized all around the world and allows you to have a thorough and deep knowledge related to a particular field in business. The list of different branches under MBA is huge. However, following are the different specializations that are opted for the most:

Accounting – No business can survive without the proper knowledge of accounts.

Human resources – As your business grows, you should know how and when to hire the right kind of employees under you in order to prosper furthermore

Finance – There is no activity in the world that can be carried out without finance. Also, one must know where to spend more and where cost reduction can be undertaken.

Operations – There are several kinds of operations under a particular business, the most important one being Management.

Advertising– No customer can be made aware of your product or service without the right kind of an advertisement

Marketing– In order to survive in a market where there are more than a hundred competitors for your business, you must know how to market your product or service in order to create the right kind of a space in the minds of customers.

Types of MBA programs

Full time MBA – two years’ program where the student is expected to have a pre-decided percent of attendance in the college along with timely submissions of projects and presentations.

Part time MBA – three years’ program where the student is expected to attend the weekend classes of elongated hours; so that he can also concentrate in his professional life.

Eligibility

  • This is a Master’s degree and hence the student has to have a Bachelor’s degree in any field of academics
  • There is an entrance test that needs to be cleared (either written or online)
  • The student must pass the group discussion and personal interview rounds
  • If a student wishes to apply for a part time MBA, he needs to have a minimum of 2 years work experience

MBA was introduced in the 19th century and it has now gained a high importance in the minds of people. If a person holds this degree, he is offered a comparatively higher salary, even as a fresher. Such a degree not only helps in giving a deep knowledge of a particular field in business, but also allows the student to be more practical in this competitive world.