Students who are considering a distance learning education might wonder whether an online business degree is worth the time, effort and expense it takes to earn it.

Why Earn a Business Degree

Some of the most lucrative careers out there are in the field of business and finance. Chief executives, financial managers, marketing managers, information technology managers and purchasing managers all earn six-figure median annual salaries, according to the United States Bureau of Labor Statistics. There are broad business degree programs like business administration, which equip students with a strong general business foundation and a number of versatile skills, as well as specialized business degree programs in subjects such as accounting, finance and marketing. Whether an online business degree is worth pursuing depends on your professional goals and your strengths. However, at both the bachelor’s and master’s levels, business degree programs can prepare students for successful and profitable careers.

Why Earn a Degree Online

What makes online education so popular? Today’s students are looking for convenience, flexibility and a great value in their education. Many work part-time or even full-time, and some students have important family obligations. Students often can’t afford to focus solely on earning their business degree, especially if it means quitting their jobs or neglecting their family responsibilities. They might not be in a position to move to a college on the other side of the country or even make a long commute to a school several counties away.

Fortunately, with online learning options, students can attain a great education without having to make those sacrifices. They can choose from hundreds of online business degree programs that allow them to log into the virtual classroom on their own schedule and study and complete their coursework whenever and wherever it’s convenient for them. Whether an online business degree is worthwhile depends on how much you value flexibility when it comes to your education.

Weighing the Costs and Benefits of an Online Business Degree

Of course, there are pros and cons of earning a business degree online. You need to consider both the positives and the negatives to truly determine whether an online business degree is worth it.

On the plus side, when you earn a business degree online, you are training for a well-paying career without the inconvenience and major expenses of a traditional education. You can keep working to earn a living and gain professional experience even as you complete your studies.

However, online learning can be difficult, especially for students who aren’t accustomed to working independently. Some students feel isolated and may struggle until they get used to the distance learning format and the different ways of interacting with classmates and instructors in the virtual classroom.

An online business degree program isn’t right for everyone. Some students may fare better in a different major or a traditional on-campus program. However, for the right student – someone who is self-motivated and business-savvy, who values flexibility and enjoys independent learning – an online business degree is certainly worthwhile.