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How Long Does It Take to Get a Business Degree from Bachelor’s to Doctorate for 2025?

Imed Bouchrika, Phd

by Imed Bouchrika, Phd

Co-Founder and Chief Data Scientist


In today’s fiercely competitive job market, a business degree has become a crucial asset for individuals seeking career success. With its emphasis on developing essential skills and knowledge in areas such as leadership, strategy, finance, and marketing, a business degree can provide a distinct advantage in securing lucrative business career opportunities.

However, domain knowledge is just a slice of the pie, even if it’s a huge one. The relationship between the employability of business graduates and their skills is evident, with both soft and technical skills being positively correlated, as supported by previous studies (Hossain et al., 2020). Additionally, social mobility factors are found to have a significant impact on employability.

With the plan to leverage a business degree in mind, you may ask: How long does it take to get a business degree?

Having reviewed several business degree programs in the past such as a supply chain management degree, our team of experts has collated key information here that will help you make informed decisions as you pursue your career aspirations in this field. By reading this article, you will gain a comprehensive understanding of the typical timeline and duration of obtaining a business degree, including key factors that may affect the time it takes to complete.

Length to Get a Business Degree Table of Contents

  1. Factors Affecting the Timeline of Completing a Business Degree
  2. Overview of Business Degree Programs
  3. Length to Get a Bachelor’s Degree in Business
  4. Length to Get a Master’s Degree in Business
  5. Length to Get a Doctorate Degree in Business
  6. How to Choose the Right Program for Your Timeline
  7. What are the fastest ways to complete a business degree?
  8. How to balance work, life, and school while earning a business degree?
  9. How can you manage the costs of earning a business degree?
  10. Is an Accelerated Online Business Degree Program a Smart Investment?
  11. Is an Accelerated Business Degree the Catalyst for Rapid Career Advancement?
  12. Which Business Degree Offers the Highest ROI?
  13. Is an Online Business Degree a Viable Option for Busy Professionals?
  14. How can I choose an affordable MBA program without compromising on quality?
  15. Is a Doctorate in Business a Worthwhile Investment for Career Advancement?

Factors Affecting the Timeline of Completing a Business Degree

How long does it take to get a bachelor’s degree in business? That depends on a lot of factors.

The timeline for completing a bachelor’s degree in business may vary depending on the student’s enrollment status (full-time or part-time) and any prior credits or transfer credits. In a traditional full-time program, students typically complete their coursework in 3-4 years, with each year consisting of 30-36 credit hours. However, some programs may offer accelerated options, allowing students to complete their degree in a shorter timeframe by taking additional credits or participating in summer sessions.

Furthermore, the timeline can vary based on individual factors such as the student’s availability to take classes and their ability to manage their course loads. Some students may choose to take a longer or shorter time to complete their degree based on their circumstances and goals. It’s always advisable to consult with academic advisors or program administrators for specific information on the timeline for completing a bachelor’s degree in business at a particular institution or program.

Take note, however, that finishing a bachelor’s business degree is just one step in the long spectrum of business education, culminating in earning a doctorate degree after years of theoretical and practical learning.

Overview of Business Degree Programs

Answering, “How long does it take to get a business degree?" starts with knowing the different types of degree programs in this field. Some of the best online business schools offer programs designed in a progressive and hierarchical framework that allows individuals to build upon their foundational knowledge, specialize in a particular field, and develop advanced expertise and research skills for academic and professional pursuits.

Types of Business Degree Programs

  • Bachelor’s Degree in Business: A 3-4 year undergraduate program that provides a broad foundation in business principles and prepares students for entry-level positions in various industries.
  • Master’s Degree in Business: In general, a master’s degree meaning refers to a 1-2 year graduate program for individuals with a Bachelor’s degree. In business, this degree focuses on business management and leadership with specializations in areas such as finance, marketing, and entrepreneurship, and is known for practical business applications and networking opportunities.
  • Doctorate Degree in Business: The highest level of education in business, typically taking 3-5 years to complete and geared towards careers in academia, research, or leadership roles in the business industry, involving extensive research, writing, and advanced coursework.

Common Areas of Specialization

Business degree programs are also designed by specialization that may have different timelines to finish. These specializations allow students to develop expertise in specific areas of interest and align their education with their career goals and interests in the dynamic business world.

  • Finance: Specializing in finance within a business degree typically focuses on topics such as investment analysis, financial management, risk assessment, and financial planning, preparing graduates for careers in banking, investment management, corporate finance, and other related fields.
  • Marketing: A specialization in marketing involves studying consumer behavior, market research, advertising, branding, and digital marketing strategies, equipping graduates with skills to excel in roles related to marketing management, brand management, advertising, digital marketing, and market research.
  • Management: Management specialization typically covers areas such as organizational behavior, strategic planning, leadership, human resources management, and operations management, preparing graduates for roles in management and leadership positions in various industries and organizations.
  • Entrepreneurship: An entrepreneurship specialization focuses on teaching students the skills needed to start, manage, and grow their own businesses, including topics such as business planning, innovation, funding, and venture capital, equipping graduates with the knowledge and skills to pursue entrepreneurial endeavors or work in entrepreneurial settings.

Aside from specializing in the key areas above, taking supplementary training can enhance your business proficiency. For instance, you can enroll in creative writing online degrees, as written communication, after all, is necessary for reporting, sales pitches, and business correspondence. Another popular career track across the board is getting a data science masters online program. It helps you interpret data with more insights, a handy skill when conducting business forecasts and historical analyses.

Difference Between Traditional, Online, and Executive Business Programs

Business degrees can also be classified by their differences in the mode of delivery, flexibility, target audience, and specific offerings, allowing individuals to choose the format that best aligns with their needs, goals, and lifestyle.

  1. Traditional Business Programs: These programs are typically offered on-campus and require students to attend classes physically at a brick-and-mortar institution.
  2. Online Business Programs: Students can take coursework remotely using the internet either via full or partial online delivery.
  3. Executive Business Programs: Designed for mid-career professionals or individuals with significant work experience, these are often offered in a part-time or executive format with specialized curricula tailored to the needs of experienced professionals.

Length to Get a Bachelor’s Degree in Business

Completing a Bachelor’s degree in business typically takes around 3-4 years, depending on the program structure and credit requirements. In general, a Bachelor’s degree program consists of 120-credit hours, with each academic year consisting of two semesters or three quarters. Students typically take a combination of general education courses, core business courses, and elective courses, along with any additional requirements such as internships or capstone projects.

The business degree timeline for completing specific courses may vary depending on the program structure, credit requirements, and student’s individual progress. A typical four-year curriculum looks like this:

Core Courses

Duration: 1-2 years; these are typically completed in the first or second year.

  1. Introduction to Business
  2. Principles of Marketing
  3. Financial Accounting
  4. Managerial Accounting
  5. Principles of Management
  6. Business Ethics
  7. Business Law
  8. Business Communication
  9. Business Statistics
  10. Business Finance
  11. Microeconomics
  12. Macroeconomics

Elective Courses

Duration: 2 years during secondary and junior years or throughout the 4-year program, depending on the student’s career goals or the institution’s requirements.

  1. Business Electives: These are specialized courses within the field of business that allow students to focus on areas such as financial management, international business, human resource management, marketing strategy, and business analytics.
  2. General Education Electives: These are courses outside of the business field that provide students with a well-rounded education, covering subjects such as English composition, history, psychology, sociology, and philosophy.
  3. Free Electives: These are courses that students can choose based on their personal interests or career goals, such as foreign language, personal finance, public speaking, leadership development, and computer programming.

Internships

Duration: 1 semester or 1 academic year, depending on the program and institution

Required or optional internships are typically completed during the junior or senior year.

An internship program in a business degree typically complements the academic curriculum by providing students with hands-on experience in a professional setting, allowing them to apply and integrate their classroom knowledge into real-world business scenarios and gain practical skills, industry insights, and professional networking opportunities. So, it is possible that you will have to choose one or a few of the following areas, but not all:

  1. Marketing Internship: This could involve assisting with market research, social media management, content creation, and promotional campaigns for a company or organization.
  2. Financial Internship: This could involve working with financial data, analyzing financial statements, assisting with budgeting and forecasting, and supporting financial operations for a company or financial institution.
  3. Human Resources Internship: This could involve assisting with recruitment and selection, employee onboarding, benefits administration, employee relations, and HR policy development for a company or organization.
  4. Operations Internship: This could involve working on process improvement projects, supply chain management, inventory management, and production planning for a company or manufacturing facility.
  5. Sales Internship: This could involve assisting with sales strategies, customer relationship management, market analysis, and sales support activities for a company or sales team.

Capstone Projects

Duration: 1 year, typically completed during the senior year as a culminating project.

A capstone project in a bachelor’s business degree is typically a culminating project or experience that allows students to showcase their skills and knowledge gained throughout their program.

Here are a few examples of capstone project types in a business degree:

  • Business Plan: Students may develop a comprehensive business plan for a startup or an existing business, including market research, financial projections, marketing strategies, and operational plans.
  • Consulting Project: Students may work with a real-world client, providing consulting services to address a specific business challenge, such as conducting market research, developing a marketing campaign, or optimizing business processes.
  • Case Study Analysis: Students may analyze and evaluate real or hypothetical business cases, applying business theories and concepts to analyze problems, recommend solutions, and make strategic decisions.
  • Strategic Management Project: Students may develop a strategic management plan for a company, identifying opportunities, analyzing risks, and proposing strategic initiatives to achieve business objectives.
  • Business Simulation: Students may participate in a business simulation exercise that simulates real-world business scenarios, where they make strategic decisions, analyze outcomes, and learn from the consequences of their choices.

Is 4 Years of College Worth It?

The answer isn’t a clear-cut one. But for business degree students, a rosy future awaits, at least in general.

According to a study by The Foundation for Research on Equal Opportunity, the financial value of a bachelor’s degree varies greatly depending on the field of study. Fields such as engineering, computer science, nursing, and economics (business) tend to have high returns on investment (ROI), often exceeding $1 million or more (Cooper, 2021). In contrast, fields such as music, art, psychology, and religion often have little to no net financial value and may even result in negative ROI.

Attending a prestigious school and choosing the right major can also significantly impact ROI. For example, the finance major at the University of Pennsylvania’s Wharton School, known for its reputation in finance, has a lifetime ROI of $4.35 million (Cooper, 2021).

Length to Get a Master’s Degree in Business

Duration: 1-2 years

On average, a full-time Master’s degree in business can typically be completed in two years, while part-time business degree schedules may take two to three years or longer. However, some accelerated programs may allow students to complete their Master’s degree in business in as little as nine to 12 months, while other specialized programs may take longer, such as Executive MBA programs that are designed for working professionals and may be completed over two to three years.

Types of Master’s in Business Programs:

  • Master of Business Administration (MBA): A versatile and widely recognized business degree that covers a broad range of business topics and is suitable for professionals seeking leadership roles in various industries.
  • Master of Science in Business (MSB or MS): A specialized business degree that focuses on a specific area, such as finance, marketing, or management, providing in-depth knowledge and skills in that particular field.
  • Executive Master of Business Administration (EMBA): A program designed for experienced professionals with significant work experience, typically offered in a part-time or executive format and tailored to meet the needs of executives and senior managers.
  • Master of Accounting (MAcc): A specialized program that focuses on accounting principles, practices, and regulations, preparing students for advanced accounting roles, such as Certified Public Accountants (CPAs).
  • Master of International Business (MIB): A program that focuses on global business strategies, international trade, and cross-cultural management, preparing students for careers in the global business arena.

Typical Coursework in Master’s Degree in Business Programs

Some coursework that may be unique to a Master’s degree in business and not typically covered in a Bachelor’s degree in business can include:

  1. Advanced Financial Management: Builds upon foundational financial management concepts covered in a Bachelor’s degree but delves deeper into advanced topics such as financial derivatives, mergers and acquisitions, risk management, and international finance.
  2. Strategic Leadership: Explores advanced leadership theories and practices, focusing on strategic decision-making, change management, and leading in complex business environments.
  3. Business Analytics: Provides advanced training in data analysis techniques and tools for strategic decision-making, including predictive analytics, big data analytics, and data-driven strategy formulation.
  4. Advanced Marketing Strategies: Goes beyond foundational marketing concepts and delves into advanced topics such as branding, digital marketing, social media marketing, and marketing analytics for strategic marketing planning and execution.
  5. Global Business Strategy: Explores advanced strategies for conducting business in a global context, including global market entry strategies, cross-cultural management, international business negotiations, and global supply chain management.
  6. Innovation and Entrepreneurship: Focuses on advanced topics related to innovation, technology management, new venture creation, and entrepreneurial ecosystems for developing and implementing innovation and entrepreneurial strategies.
  7. Business Ethics and Corporate Social Responsibility: Provides advanced training in ethical decision-making, corporate social responsibility, sustainability, and stakeholder management, with a focus on advanced ethical challenges faced by businesses and organizations.

Length to Get a Doctorate Degree in Business

Duration: 3-5 years, excluding dissertation

The timeline for completing a Doctorate Degree in Business, also known as a Doctor of Business Administration (DBA) or a Doctor of Philosophy (Ph.D.) in Business, can vary depending on the program and the individual’s pace. On average, it may take around three to five years to complete the coursework and research requirements, followed by additional time for completing a dissertation or thesis. Getting a dissertation approved can take several months to years, depending on the complexity of the research and the feedback and revisions required by the dissertation committee.

Types of  Doctorate Degrees in Business

Both degrees require the completion of advanced coursework, original research, and a dissertation, but the focus and outcomes of the programs may differ.

  • Doctor of Business Administration (DBA): The DBA is a professional degree designed for experienced business professionals seeking to enhance their leadership and management skills, with a focus on practical applications in real-world business contexts.
  • Doctor of Philosophy in Business (PhD): On the other hand, this program is research-focused that prepares individuals for careers in academia or advanced research in the field of business, with an emphasis on theoretical and methodological rigor.

Typical Coursework in Doctorate in Business Programs

The coursework in doctorate in business programs typically includes advanced and specialized courses that build upon the foundational knowledge gained in a master’s degree program. The key differences between doctorate and master’s coursework in business programs are the depth and breadth of the coursework.

Doctorate programs generally require more advanced and specialized coursework, focusing on research skills, theoretical frameworks, and empirical methods. Likewise, doctorate coursework often emphasizes critical thinking, analytical skills, and the ability to conduct independent research. Doctorate programs also typically require students to complete a dissertation, which is a comprehensive research project that makes an original contribution to the field of business knowledge.

Here are some of the courses offered in a doctorate business degree include:

  1. advanced research methods
  2. statistical analysis
  3. qualitative research
  4. advanced topics in business theory and strategy
  5. leadership and organizational behavior
  6. specialized courses in the student’s area of research interest

Additionally, doctorate programs may also require coursework in pedagogy and teaching, as preparing future business educators is often a focus of these programs.

How to Choose the Right Program for Your Timeline

Choosing the right business degree program is a critical decision that impacts your career path and personal commitments. Here's how to make an informed choice that aligns with your timeline and goals:

  • Identify Your Career Goals: The first step is to consider what career you envision for yourself and the degree level needed to achieve it. For example, a bachelor's degree is often sufficient for entry-level roles in business. At the same time, a master's or doctorate may be necessary for leadership positions or specialized fields.
  • Evaluate Program Length and Structure: Different programs come with varying completion timelines. Bachelor's degrees typically take 3-4 years for full-time students. If you're looking for a quicker path, consider accelerated programs or options that offer credit for work experience. Master's degrees can be completed full-time in 1-2 years, while executive programs may stretch over several years but provide a flexible schedule.
  • Consider Online vs. Traditional Programs: Online programs offer greater flexibility, which can be beneficial if you work or have other commitments. However, traditional on-campus programs may provide more networking opportunities and hands-on experiences. Balancing your personal schedule with the program's delivery format can help you determine which option suits you best.
  • Account for Your Current Situation: If you're already working, you might prefer an online business degree or part-time program so you can continue your job while studying. Full-time programs could accelerate your timeline if you dedicate more time to your education.
  • Look at Program Requirements: Understand what prerequisites are necessary and how they may affect your timeline. Some programs may require prior business knowledge, while others are designed for individuals starting from scratch.
  • Check for Flexible Study Options: Many business programs now include evening or weekend classes and offer accelerated courses during the summer. These options can help you complete your degree faster while balancing your work and personal life.
  • Choose a Program That Fits Your Needs: If you're looking for a quicker and more streamlined path, you might want to explore the easiest business degree options that align with your career ambitions. These programs typically have fewer requirements and a more straightforward curriculum that allows you to graduate quickly.

What are the fastest ways to complete a business degree?

Accelerating your path to a business degree can be a game-changer, especially for professionals eager to advance their careers or switch fields quickly. Several strategies can significantly reduce the time required to complete a bachelor’s or master’s degree in business:

  1. Leverage Prior Learning Credits: Many colleges offer credit for previous academic work, professional certifications, or life experiences through Prior Learning Assessments (PLAs). For instance, certifications in project management or marketing might count towards elective credits, enabling you to skip certain courses.
  2. Enroll in Accelerated Programs: Accelerated business degree programs are specifically designed for motivated learners to finish faster than traditional timelines. For instance, certain online MBA programs allow completion in as little as 12 months. Check out this online MBA no GMAT guide to explore programs that prioritize speed and flexibility.
  3. Take Advantage of Online Learning Flexibility: Online programs often allow students to take more courses per term or start at multiple points during the year. This can eliminate downtime between semesters, enabling students to progress at their own pace.
  4. Opt for Dual Degrees or Combined Programs: Some universities offer dual degree programs that combine a bachelor’s and master’s degree in business, reducing overall completion time by a year or more.
  5. Participate in Summer or Winter Terms: Taking additional courses during summer or winter sessions helps students stay on track or get ahead. These terms are especially useful for catching up on prerequisites or electives.

How to balance work, life, and school while earning a business degree?

Earning a business degree can be daunting, especially when balancing work and personal commitments. However, with the right strategies, you can manage your time effectively and stay on top of your academic goals. Below are some practical tips to help you balance work, life, and school while earning your degree:

  • Create a Structured Schedule: One of the most effective ways to balance school and work is by planning ahead. Set aside dedicated time each day or week for studying, and factor in your work hours and personal commitments. Having a structured schedule ensures you stay on track and make steady progress without feeling overwhelmed.
  • Set Realistic Goals: Break your larger academic goals into smaller, manageable tasks. This makes it easier to focus on one step at a time, whether completing assignments, studying for a quiz, or working on a major project. Achieving these smaller goals can give you a sense of accomplishment and motivate you to keep going.
  • Consider Flexible Programs: If you’re struggling to balance work and school, consider looking into cheap online business administration degree programs. Online degrees often offer the flexibility to study at your own pace, allowing you to complete coursework whenever it fits your schedule. You can find affordable programs that offer a high-quality education, giving you the flexibility to pursue your degree while maintaining your job.
  • Leverage Your Support System: When things get tough, don’t hesitate to lean on your friends, family, or co-workers. A strong support system can offer emotional encouragement and sometimes even help with practical tasks, like running errands or looking after family members, giving you more time to focus on your studies.
  • Prioritize Self-Care: Balancing school, work, and life can lead to burnout if you’re not careful. Make sure to take time for yourself to recharge. Whether exercising, reading, or simply resting, self-care is essential for staying energized and focused.

Can your Degree in Business Hold Up to AI?

Artificial intelligence has the potential to disrupt middle management by automating tasks and decision-making processes, reducing the demand for traditional middle management roles in functions such as marketing, sales, operations, IT/engineering, risk and legal, and R&D. Advanced AI technologies may also challenge middle managers in providing unique value and making strategic decisions, potentially leading to reductions in middle management roles.

According to a McKinsey’s study, which focuses on the early scaling of various models, applications of AI in business functions such as marketing and sales, operations, IT/engineering, risk and legal, and R&D could change business management (Chui et al., 2022). These applications include personalized marketing, social media, and technical sales content; task list generation for efficient activity execution, code writing, documentation, and review; answering complex questions and drafting/reviewing legal documents, and accelerating drug discovery through disease understanding and chemical structure discovery.

In an earlier and more blunt report, a global survey conducted by Pega showed 78% of executives hold the belief that the increased utilization of AI and robots will significantly diminish middle management roles (Pega, 2020).

Incorporating AI into Graduate Studies

In a paper published in The International Journal of Management Education, Xu and Babaian (2021) suggested the need for businesses and other professionals to familiarize themselves with the principles of AI in order to assess their potential and risks. However, the survey of business school deans reveals that incorporating AI training into business education has been challenging for many business and management schools.

Their paper, "Artificial intelligence in business curriculum: The pedagogy and learning outcomes," addresses the gap in education literature by demonstrating the feasibility of providing AI training to business students through a designed curriculum content, teaching methods, and learning outcome assessment. The curriculum was given as an introductory AI course offered at a northeastern business university in the United States, which is a three-credit, graduate-level course designed for a regular 15-week semester.

“We have shown that it is possible and feasible to provide business students with AI training, which is perceived to be highly relevant to students’ future careers … by presenting the process and product of our curriculum design, we demonstrate what an introductory AI course may cover in term of contents….“ the authors concluded.

How can you manage the costs of earning a business degree?

When evaluating a business degree program, cost management is a critical factor alongside program duration and flexibility. Assessing tuition fees, hidden expenses, and available financial aid options should be part of your decision-making process. Consider programs offering competitive rates, including online formulations where affordable study paths exist such as the cheapest online college bachelor degree. Additionally, explore scholarships, grants, and employer tuition assistance plans to reduce financial burdens. Evaluate long-term ROI by comparing total investment with expected earnings post-graduation, ensuring your choice not only fits your academic schedule but also your budgetary needs.

Is an Accelerated Online Business Degree Program a Smart Investment?

Accelerated online programs condense curriculum delivery using intensive, flexible course structures that suit working professionals seeking swift career advancement. These programs often integrate streamlined credit transfers and targeted academic support to assist in managing a rigorous schedule without sacrificing educational quality. Prospective students should assess accreditation standards, program outcomes, and practical skill applications to ensure alignment with career objectives. For detailed comparisons of expedited pathways, review the accelerated business administration degree options available.

Is an Accelerated Business Degree the Catalyst for Rapid Career Advancement?

Accelerated programs are designed with a condensed curriculum that emphasizes immediate applicability of advanced business concepts, enabling professionals to advance without lengthy academic commitments. This approach combines intensive coursework with practical projects and industry-aligned experiences, effectively reducing time-to-degree while cultivating leadership capabilities. Prospective students may consider an accelerated business administration degree online to gain a competitive edge in a rapidly evolving business landscape, where prompt skill acquisition and adaptability can drive swift career progression.

Which Business Degree Offers the Highest ROI?

When evaluating the value of a business degree, consider factors beyond course duration and cost—focus on the long-term career impact. Compare program outcomes by assessing curriculum relevance, academic reputation, networking opportunities, and internship placements. In particular, postgraduate programs that align with high-demand industries often deliver stronger financial returns. Data from reputable sources highlights that graduates from top-tier institutions frequently secure accelerated career progression and higher earnings. For further insights, review the best business master's degrees to make an informed decision grounded in both market trends and potential ROI.

Is an Online Business Degree a Viable Option for Busy Professionals?

Online business degree programs offer significant flexibility and accessibility, making them an attractive alternative for working professionals seeking career advancement. These programs allow students to engage in asynchronous learning, tailor their schedules around work and personal commitments, and access a global network of peers and industry experts without geographic limitations. Additionally, many institutions provide competitive tuition options; for budget-conscious students, pursuing a cheap online business management degree can be a practical choice. Strategic online programs also emphasize interactive coursework and industry-relevant projects, ensuring that graduates gain the practical skills necessary for the evolving demands of modern business.

How can I choose an affordable MBA program without compromising on quality?

When evaluating MBA programs for both academic excellence and cost efficiency, consider accreditation, curriculum rigor, and post-graduation career support as key indicators of a program’s value. Investigate each program’s faculty expertise, network partnerships, and alumni outcomes to ensure they align with your professional goals. Utilize dedicated resources that benchmark affordable options, such as MBA online cheap, to compare program features and hidden costs. This approach aids in selecting an online MBA that not only fits your financial criteria but also maintains the quality needed to advance your career.

Is a Doctorate in Business a Worthwhile Investment for Career Advancement?

Pursuing a Doctorate in Business can open doors to high-level strategic roles, advanced research positions, or academic careers. It demands a significant commitment in terms of time and intellectual rigor, requiring a focused approach to specialized research and comprehensive analysis. Prospective candidates should evaluate program quality, mentorship availability, and the alignment of specialized coursework with their long-term career objectives. For professionals balancing cost with quality, consider exploring the cheapest doctor of business administration online as a viable option.

Preparing for the Future

The times ahead are disruptive, thanks to generative AI. While it is difficult to predict with full confidence how AI will change business operations across the board, it will—one way or another.

Alongside these changes, expect the time to take a business degree will be impacted and may come out differently from what we have grown accustomed to for decades now. Our current higher education model sprung from the First Industrial Revolution. Now well into the Fourth Industrial Revolution, our education is, indeed, up for a makeover. With the future disruption in mind, and going back to our question—how long does it take to get a business degree?—we can only mumble an answer: only time will tell. But there’s no mistake, pursuing a business degree is the right step forward.

Key Insights

  • Varied Timelines: The time to complete a business degree varies based on the program type—bachelor's (3-4 years), master's (1-2 years), and doctorate (3-5 years excluding dissertation).
  • Influencing Factors: Enrollment status (full-time or part-time), prior credits, and individual circumstances impact the duration to complete a business degree.
  • Flexible Learning Options: Business degrees are offered in traditional, online, and executive formats, catering to different learning preferences and professional commitments.
  • Specializations Available: Students can specialize in finance, marketing, management, or entrepreneurship, aligning their education with specific career goals.
  • Cost Considerations: Online degrees may offer cost savings on housing, transportation, and meals, but tuition can vary widely.
  • AI and Future Impacts: The integration of AI in business functions could disrupt traditional middle management roles, highlighting the importance of AI literacy in business education.

FAQ

  1. How long does it take to get a bachelor's degree in business? A bachelor's degree in business typically takes 3-4 years to complete for full-time students. This duration may vary based on the program structure, credit requirements, and individual circumstances such as transfer credits or part-time enrollment.
  2. How long does it take to get a master's degree in business? A master's degree in business usually takes 1-2 years to complete for full-time students. Some accelerated programs may allow completion in as little as 9-12 months, while part-time programs may extend the duration to 2-3 years or more.
  3. How long does it take to get a doctorate degree in business? Completing a doctorate degree in business generally takes 3-5 years, excluding the time required for dissertation research and approval, which can add several months to years.
  4. Can you complete a business degree entirely online? Yes, many accredited institutions offer business degree programs that can be completed entirely online, providing flexibility for working professionals and those with other commitments.
  5. Are online business degrees respected by employers? Yes, online business degrees from accredited institutions are increasingly respected by employers, especially since the COVID-19 pandemic has validated the quality of online education.
  6. What are the typical courses in a bachelor's degree in business? Typical courses include Introduction to Business, Principles of Marketing, Financial Accounting, Business Ethics, Business Law, and Business Statistics. Students may also take electives and complete internships and capstone projects.
  7. What specializations are available in business degree programs? Common specializations include finance, marketing, management, and entrepreneurship, allowing students to focus their studies on specific career interests.
  8. How do online business programs differ from traditional programs? Online business programs offer flexibility in course delivery, allowing students to complete coursework remotely. Traditional programs require physical attendance on campus, while executive programs are designed for experienced professionals and often offer part-time study options.
  9. What is the cost range for an online master's in business? The cost per credit for an online master's in business can range from $543 to $1,343, depending on the institution and program quality. Additional costs may include technical support, course materials, and potential on-campus activities.
  10. How is AI expected to impact business degrees and careers? AI has the potential to disrupt traditional middle management roles by automating tasks and decision-making processes. Business degrees are increasingly incorporating AI training to prepare graduates for the evolving job market, emphasizing the need for familiarity with AI principles and applications.

References:

  1. Cooper, P. (2022, May 12). Is College Worth It? A Comprehensive Return on Investment Analysis. Medium. https://freopp.org/is-college-worth-it-a-comprehensive-return-on-investment-analysis-1b2ad17f84c8
  2. Generative AI is here: How tools like ChatGPT could change your business. (2022, December 20). McKinsey & Company. https://www.mckinsey.com/capabilities/quantumblack/our-insights/generative-ai-is-here-how-tools-like-chatgpt-could-change-your-business
  3. Hossain, M., Alam, M., Alamgir, M., & Salat, A. (2020, February). Factors affecting business graduates’ employabilityempirical evidence using partial least squares (PLS). Emerald Insight. Retrieved April 24, 2023, from https://www.emerald.com/insight/content/doi/10.1108/ET-12-2018-0258/full/html
  4. The future of work | Pega. (2021, December 16). https://www.pega.com/the-future-of-work
  5. Xu, J., & Babaian, T. (2021). Artificial intelligence in business curriculum: The pedagogy and learning outcomes. The International Journal of Management Education, 19(3), 100550. https://doi.org/10.1016/j.ijme.2021.100550

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