What You Should Know About This Degree
Small business management degrees come in many forms, including diploma or certificate programs and bachelor of science degrees. Though some program names include the term “small business management,” some schools call it entrepreneurship, business administration, or business management. These programs are different from a finance, accounting, or marketing degree, which are much more focused on one area and designed for a career path in the relevant field.
Small business management degrees provide a broader overview of knowledge and skills to help students learn how to lead entire organizations. Students who earn a degree in small business management have a wide breadth of employment opportunities and career paths. By 2029, overall job growth in the field of business and financial operations is expected to increase by 5%, a rate faster than most occupations.
With this degree, students can start their own businesses, serve as consultants to small businesses, manage a company’s operations, or act as a sales manager. Typically, a career in this field doesn’t require specific certificates and licensing, except for people who wish to become a Certified Management Accountant (CMA) or Certified Public Accountant (CMA). Some schools may also offer the optional Certified Business Manager (CBM) certification.
Here are some questions to ask when researching small business management degree programs:
- Are courses offered synchronously or asynchronously? Online courses may be offered either synchronously or asynchronously. Synchronous courses occur at set times, while asynchronous courses don’t, allowing students to progress through lessons and complete assignments on their own schedules and at their own pace.
- How long does it take to complete this online degree? Small business management bachelor’s programs require students to complete around 120 credits to graduate, typically over four years. Associate degrees often take around two years to complete, and certificate programs usually take two semesters. The length of time also depends on your schedule and whether you’re studying part- or full-time.
If you know the level of certificate or degree you’d like to pursue, visit applicable schools’ websites to see if they offer courses in your areas of interest. Pay attention to the application and credit requirements and whether the school offers courses online, in-person, or both.
Depending on the program and your background, you might be able to obtain financial assistance. Research available state or federal student aid, scholarships, or employment benefits, note any application deadlines, and apply early.