For individuals looking to advance and succeed in today’s fast-paced and rapidly changing corporate environment, learning new skills and staying updated with the most recent developments have become essential. You can now get business degrees and certificates at your pace, from anywhere, and without interference with your professional life, thanks to the development and expansion of distance learning. According to a 2020 survey by Research and Markets, the worldwide e-learning industry will grow by 9.23% CAGR by 2025 to reach a whopping $319.167 billion. It indicates that online learning is becoming increasingly popular.
In reality, more individuals are resorting to virtual classrooms for their educational requirements ever since the COVID-19 epidemic, expediting the spread of online learning since 2019 from $187.877 billion.
Moreover, as per the US Department of Education, registered students with undergraduate degrees in distance learning increased by 186% from 2019 to 2020. Another survey by Inside Higher Ed revealed that a significantly higher proportion of college students had taken at least one course online since 2019.
Therefore, the availability of online courses and degrees has increased significantly. Let us examine some degrees that will enable you to develop business skills.
- Online MBA Degree
An MBA degree is a business graduate degree that prepares you for senior executive roles and leadership positions. A master of business administration degree online will enable you to take full advantage of the program from anywhere in the US without requiring GMAT or GRE or prior professional experience in business. You can get a fully accredited degree within one year with 12 concentrations to choose from and can start at any time.
You can use your online MBA degree to master entrepreneurial abilities and understand the complexities of the business world while exploring creative solutions using technology, Artificial Intelligence, the digital age, and acquiring knowledge of international markets.
- Online Finance and Accounting Degree
For individuals looking to enter the corporate sector or develop in this profession, earning a degree in finance or accounting is a wise investment. It offers a thorough education that includes crucial subjects like financial analysis, taxation, auditing, and financial reporting. Industry professionals frequently create and instruct these programs, giving students useful information they can use immediately in the workplace.
Furthermore, the Bureau of Labor Statistics projects employment level in the accounting and finance sector in the US to increase by 6% between 2021 and 2031, which is as fast as the average of all other occupations, indicating that finance and accounting skills are high in demand.
Online programs provide a variety of specialized certifications and courses that can advance your knowledge and abilities in particular fields, apart from conventional finance and accounting degrees. These include certifications in forensic accounting, risk management, and financial modeling.
- Online Project Management Degree
Project management has emerged as a critical competency for organizations to effectively complete projects on schedule and within budget while meeting the desired quality in today’s competitive business climate. By 2027, businesses will require over 88 million individuals to fulfill project management-related positions, according to a projection by the Project Management Institute (PMI). People who pursue an online project management degree can equip themselves with the knowledge, abilities, and credentials required to succeed in this ever-growing industry.
Students have a flexible and convenient option to learn the information and abilities necessary to manage complicated projects successfully through an online project management degree. These courses cover important subjects, including team leadership, budgeting, risk management, and project planning.
Additionally, industry professionals frequently create and instruct online project management degree programs, ensuring that students receive a top-notch education that meets the needs of the industry.
You can also pursue certifications and diplomas in project management to enhance your skills in particular areas. These can include risk management, program management, and agile project management. They also offer practical training programs to enable students to get hands-on experience.
- Online Marketing Degree
Marketing has become crucial to any effective business strategy in the current digital era. Due to the expanding significance of Internet marketing, earning an online marketing degree may provide students with the information, abilities, and certifications necessary to thrive in this fast-paced and cutthroat industry.
An online marketing degree covers essential subjects, including market research, branding, advertising, and digital marketing tactics. Additionally, by providing practical assignments, online marketing programs enable students to apply their knowledge in real-world situations.
Additionally, you can pursue digital marketing courses and certifications in Search Engine Optimization (SEO), graphic designing, content marketing, and social media marketing, among others, apart from conventional online marketing degrees. These are usually short courses updated regularly according to industry standards to enable new business leaders to establish their online presence.
Moreover, pursuing an online marketing degree will involve using tools and technologies to promote collaborative learning and communicating with virtual teams remotely while gaining real-world marketing expertise.
- Online Economics Degree
An economics degree is now more crucial than ever for organizations, governments, and people. Making educated judgments in economics requires a thorough grasp of economic theories, concepts, and practices, which students gain through an online economics degree.
Micro and macroeconomics, econometrics, international commerce, and economic development are topics covered in online economics degree programs. You get to learn subjects like these from industry experts who are skilled and experienced in their fields and deliver quality education through innovative technologies. It provides students with an interactive and dynamic learning environment, no matter where they learn.
Furthermore, an online economics degree is more cost-effective than on-campus classes, with the flexibility to juggle work and studies simultaneously. Economists are now more in demand than ever because of the novel economic challenges today that were not prevalent before. An economics degree will expand your horizon and enable you to understand how economies operate to take advantage of it and expand your business operations as a business owner.
Conclusion
Online education has become more common now, ever since the global pandemic, and is continuing to rise. It offers numerous benefits and removes barriers to education. Therefore, you must fully explore it and develop business skills by pursuing professional degrees.
These include an online MBA, finance and accounting, project management, and marketing and economics degrees. Each of these degrees helps you develop various skills required to succeed in business.
Suman(Kul Prasad) Pandit is an accomplished business professional and entrepreneur with a proven track record in corporate and start-up sectors in the UK and USA. With a focus on sustainable business practices and business education, Suman is highly regarded for his innovative problem-solving and commitment to excellence. His expertise and dedication make him a valuable asset for businesses seeking growth and success.