Is a Business Administration Degree Worth It?

When you enroll in a business administration program you can expect to be exposed to coursework that will help you gain an understanding of how businesses set goals, implement processes, track progress, manage their human capital and keep their books.

The broad base of knowledge covered in a business administration program is meant to provide students with a solid foundation of skills, knowledge and insight that they can then take with them into the workplace. The level of the business administration program you’re enrolled in will also determine the depth of the information presented, the sets of skills that are taught and any additional specificity required if the degree program includes specializations.

At DeVry, you can expect the following from our bachelor’s and master’s level programs:

Coursework in our Bachelor’s Degree in Business Administration program covers core concepts like accounting, marketing, analytics and decision-making skills that help businesses thrive.

In this program, you’ll develop leadership, project management and resource management skills, and practice identifying problems evaluating the strengths and weaknesses of different solutions using logic and mathematics.

Our faculty, who are professionals working in the fields they teach, will walk you through relevant case studies to help you develop your critical thinking and decision-making skills. You’ll also be able to gain insight into marketing and operations procedures through research and forecasting. Data analysis and the fundamentals of accounting are also covered, and you’ll gain practice working with many of the analytics and business management tools used in today’s thriving industries.

Business administration degrees at this level can help you pursue career opportunities in the upper-levels of management. In some cases, employers may prefer to hire candidates for leadership positions who have earned a graduate degree like an MBA.

At our Keller Graduate School of Management, our Master of Business Administration Degree program was built to help you rise to these expectations. In our core curriculum, you’ll have the chance to develop your collaborative and interpersonal communication skills, as well as study management theories that are crucial for learning how to lead effective and productive teams.

You’ll continue your education in today’s business technology and practice utilizing it in real-world scenarios so you can feel confident as you continue to move through your career.  

Business administration is an incredibly versatile degree, with elements that are applicable to many different career paths, roles and industries.  

Some of the more direct benefits of this type of degree include:

If you have your eyes set on a particular industry or field, a degree specialization can help you align your education more closely to your goals.

At DeVry, you can enhance your Bachelor’s Degree in Business Administration by choosing one of 11 specializations in: 

The versatility of this type of degree goes a long way in answering the “is a business administration degree worth it” question.

Organizations across a broad spectrum of industries need people with strong business administration skills, which opens graduates of these programs up to a wide variety of potential careers.

As a graduate of our Bachelor’s in Business Administration program, you may consider career opportunities in management, finance, construction or industrial settings, such as:

While earning potential is dependent on many factors, figures compiled by the National Center for Education Statistics show that higher educational attainment is associated with higher median earnings.

Data shows that in 2022, the median earnings of those who held a master’s degree or higher were 20% higher than those who only held bachelor’s degrees.

The Bureau of Labor Statistics (BLS) has its own data regarding the correlation between median earnings with educational attainment. According to the BLS, people who hold a bachelor’s degree typically have higher median weekly earnings than those with an associate degree or below, and those who hold a master’s degree typically have higher median weekly earnings than those who hold a bachelor’s.

While this data does not demonstrate the impact of a business administration degree specifically, it does show that higher education does have the potential to provide this benefit to degree holders.

According to the BLS, overall employment for business and financial occupations is projected to grow faster than the average for all occupations between 2022 to 2032, with about 911,400 openings on average each year during this period.¹ It should be noted however, that this growth is projected on a national level and local growth will vary by location. BLS projections are not specific to DeVry University students or graduates and may include earners at all stages of their career and not just entry level.

As we’ve outlined, a business administration degree program is designed to help you develop new skills to help you meet the demands of today’s competitive, fast-paced and technology-driven business world.

Even before you graduate, you may begin to see the benefits of networking with your business classmates and may carry these relationships out into your careers. At DeVry, students not only have the chance to connect in meaningful ways with their peers but learn from experienced faculty. Their courses are centered around giving students the experience of working hands-on with the tools and technology that keep the business world moving forward and utilizing real-world scenarios to build familiarity with challenges they might face.

After graduation, students have the opportunity to keep their professional development and networks fresh by taking part in our Alumni Network and events through our Alumni Association. At DeVry, we believe that learning is a lifelong pursuit, and is an integral part of developing enriching and fulfilling personal and career experiences.

At DeVry, our online Bachelor’s Degree in Business Administration is built for the way business gets done today. It’s also designed for busy working adults looking to balance their education with work, family or anything else in their busy life.

Learning with DeVry in a 100% online format allows you the flexibility to study when and how you need to, and the adaptability of this bachelor’s degree program lets you choose from 11 career-focused degree specializations to help you more closely align your education with your professional goals.

Business moves fast, and with DeVry as your partner, you can too. You can earn your Bachelor’s Degree in Business Administration in as little as 2 years and 8 months on a minimum schedule, or 4 years on a normal one.²

Already have a bachelor’s? Explore our Master of Business Administration Degree with 10 degree specializations in areas like Health Services, Entrepreneurship, Accounting, Global Supply Chain Management, Marketing and more. Our MBA program doesn’t require the GRE or GMAT, and can be earned in 12 months on an accelerated schedule and with 9 credit hours of Prior Learning Credit, and 2 years and 2 months on a normal one.³

DeVry is proud to be accredited by The Higher Learning Commission (HLC), www.hlcommission.org. Our Keller Graduate School of Management is included in this accreditation.

Our Master of Business Administration is accredited⁴ by the Accreditation Council for Business Schools and Programs (ACBSP) www.acbsp.org.