Yes, an Associate Degree in Business Is Worth It (And Here’s Why!) (2024)

Every year,more than 5 million studentsare enrolled in two-year college programs. While many choose to transition immediately into four-year programs after graduating high school, others opt to either attend community college first or hold off on higher education until later for various reasons.

Yes, an Associate Degree in Business Is Worth It (And Here’s Why!) (1)

If you are in the latter group, then you may be ready to go back to school after having worked a job or supported a family for the past several years. Whether you want to move up in your career or want to completely switch the type of work you do, it’s worth looking at getting an associate degree in business administration.

In this article, we discuss what an associate degree is and why it’s worth getting one in business administration.

What Is an Associate Degree?

An associate degree is similar to a bachelor’s degree, but requires about half as many college credits (courses) for completion. You can obtain an associate degree first, then apply those credits toward a bachelor’s degree in the future (though there are many restrictions in doing this – so speak with an admissions or academic guidance professional first.) This will not only save you time but also money. Since you’ll be taking half as many classes in your associate of business administration program compared to a similar bachelor’s program, you’ll graduate sooner and can, therefore, hit the workforce sooner. Graduating sooner, with fewer classes to complete will save you considerably on your tuition bills.

How Many Months to Complete an Associate Degree?

You may already know that a bachelor’s degree typically takes four to five years to complete. On the other hand, an associate degree typically takes two years or less. The shorter duration makes this academic path attractive to many people, which is why they decide to pursue an associate instead of a bachelor’s.

How Many Credits Is an Associate Degree?

A key question you may be wondering is: how many credit hours is an associate degree? The answer to this question depends on if you are looking at semester or quarter programs, as schools can sometimes measure credit hours differently.

If you are taking semester credits at your public two-year college, then it typically requires 60 credit hours to complete. Otherwise, if you are taking quarter credits, then it will require 90 credit hours to earn your associate degree. Some courses are worth more credits than others as well, so credit hours do not directly correspond to the number of courses in a program. As always, check with the admissions department at your school for details before you enroll.

Why It’s Worth Earning an Associate Degree in Business

So why would you choose to pursue an associate degree before a bachelor’s? What can you do with an associate degree?

Read on to find out all the benefits of getting thistype of degree in business.

Yes, an Associate Degree in Business Is Worth It (And Here’s Why!) (2)

Historically, Degree Holders Have Higher Employment Rates

Studies show that the more education you have, the lower your chances of going unemployed. Despite the impact of COVID-19 in 2020, historically-speaking, people with associate degrees have better employment outlooks than those with just a high school degree.

Your employability improves further with a bachelor’s degree as well.

A degree demonstrates your mastery of certain skills and subjects to employers. It’s a solid benchmark employers use to evaluate job candidates in many fields.

You’ll Typically Earn More

Not only will you enjoy high employment levels as a degree holder, but you’ll likely earn more money in your job and career. Employers are willing to pay qualified employees better wages, so with the time and money you’ve invested into an associate degree, it may pay off when you can earn a higher salary.

For example, someone with a high school diploma typically earns around $700 per week. However, someone with an associate degree typically earns around $820 per week. Over a year, that’s a difference of more than $6,000.

You Can Pursue a Bachelor’s More Easily

By completing an associate degree first, you can see if you truly have an interest in business. If not, you can always just stick with an associate degree and remain in the workforce.

If youdoactually enjoy the field of business, you can pursue a bachelor’s degree in less time than if you had attended a four-year university. Having an associate degree means you’ve already completed many of the basic courses, so you can transfer to a four-year program. However, not all associate degrees are transferrable. There are many restrictions such as accreditation, reciprocity agreements among similar institutions, and more. So before you make any plans regarding your education, speak with a member of the school’s admissions team.

It will Prepare You Better for Entry-Level Jobs

Maybe you have taken a look at some sales, office management, or administrative jobs in business. It may be true that all you need is a high school diploma and/or a certification. But you have to consider that if a job seems highly accessible to you, then it probably is for a myriad of other people as well.

By attaining an associate degree in business, you are showing potential employers that you are serious about the job and have done what you can to prepare for it. This will make you stand out above the crowd of applicants, especially since you may require less training than others.

It Provides You With More Opportunities to Move Up

Not only will you stand out against competing applicants, but you’ll also have more space to move up in a company after being hired.

This is especially true if you want to eventually hold a supervisory position. Very rarely will businesses allow someone with just a high school diploma (or GED) to be promoted into management unless they have more years of experience. A degree can help reduce the number of years of experience required for promotion.

Yes, an Associate Degree in Business Is Worth It (And Here’s Why!) (3)

Start Pursuing Your Associate Degree in Business

Now you know what an associate degree is and why it is worth your time and money to invest in one for business administration, what’s next?

While it may initially take some hard work to earn, an associate degree in business administration will definitely pay off when you have the right knowledge and skills to get the job you truly want.

Are you ready to get started on the road to an associate degree in business? Thenrequest some more informationnow about ourOnline Specialized Associate Degree in Business Administration – Marketing and Managementat IMBC.

Yes, an Associate Degree in Business Is Worth It (And Here’s Why!) (2024)

FAQs

Is an associates degree in business worth it? ›

There are many benefits to doing so. Earning an associate degree, like a Business Administration associate degree, is less time consuming, more cost effective, and often a very flexible degree pathway for college learners. And, the quality of education is still high for associate degree programs.

Is an associates degree worth it anymore? ›

If you're deciding between no higher education degree at all and an associate degree, the answer is, quite simply, “Yes; getting an associate degree is worth it!” If you are hoping to break into a professional field and want to raise your job prospects, getting an associate degree is going to serve you much better than ...

Why a business degree is worth it? ›

Benefits of Earning a Business Degree

A higher salary is one advantage of a business degree, but there are many other benefits. One of the most important is that it gives you the foundational skills you will need to manage business matters that are part of any field you go into.

Is a 2 year business management degree worth it? ›

An associate degree in business can open opportunities for a variety of entry-level positions in industries like marketing, accounting, and management. Companies are putting more importance on the theoretical understanding and practical expertise that these graduates bring to the table as business evolves.

Are business degrees still worth it? ›

Is It Worth It? The Choice Comes Down To Your Career Aspirations. If you are a working professional who wants to advance your career in business, a business degree can be a gamechanger. A business degree can increase job prospects, create advancement opportunities, and increase your salary and lifetime income.

What associate's degree is best for business? ›

An associate degree in business administration provides an excellent foundation in principles of management, administration, marketing, business law, organizational behavior, and more. Graduates can apply these skills to careers in a variety of industries or pursue further education at the bachelor's degree level.

What are the disadvantages of an associates degree? ›

Cons
  • You may be competing with people with bachelor's degrees for the same jobs. ...
  • Your earnings may be lower than that for people with a bachelor's degree.
  • Getting into managerial or supervisory positions may be difficult without a higher degree.

Which associate's degree pays the most? ›

What Are the Highest-Paying Associate Degrees?
  • Air Traffic Management.
  • Nuclear Technology.
  • Radiation Therapy.
  • Nuclear Medicine Technology.
  • Dental Hygiene.
  • Diagnostic Medical Sonography.
  • Aerospace Engineering and Operations Technology.
  • Aviation Maintenance.

What is better associates or bachelors? ›

It pays to advance from an associate degree to a bachelor's degree because a bachelor's degree is more desirable, and often required, by many employers. That reality is reflected in a lower unemployment rate and higher average wages for those with a 4-year degree, compared to those with an associate degree.

Why is business degree so hard? ›

Rigorous Curriculum: BBA programs are designed to be rigorous and challenging, covering a wide range of business and management topics. The curriculum often includes a mix of theoretical concepts, case studies, and real-world projects that require students to apply their knowledge in practical settings.

How difficult is a business degree? ›

Some may find the quantitative subjects like finance, economics, and statistics to be challenging, while others might struggle with more qualitative subjects like management, marketing, and organizational behavior. Depending on your strengths and interests, some areas might feel easier than others.

Why are business degrees so popular? ›

High demand and more career opportunities

The Bureau of Labor Statistics projects that over 750, 000 new jobs will be created in the business sector between 2020 and 2030. Business degrees are popular because qualified candidates for business administration roles are in demand.

Can you be a manager with an associate's degree? ›

With your associate's degree in business, you can work as an office manager. This rewarding role will have you doing everything from interviewing new employees to organizing team-building activities. Office managers are a vital part of a well-run office. In this role, you may be working with managers on yearly budgets.

What is a 2 year business degree called? ›

A 2-year business degree is called an associate degree.

What are the 4 types of business management? ›

Business management among common companies is sorted into four different types; each having responsibilities distinct while interlinked with others.
  • Top-level manager. They supervise the whole company and have the highest power among other employees. ...
  • Middle/Executive Manager. ...
  • First-line Management. ...
  • Team Leaders.

Can you become a manager with an associate's degree? ›

With your associate's degree in business, you can work as an office manager. This rewarding role will have you doing everything from interviewing new employees to organizing team-building activities. Office managers are a vital part of a well-run office. In this role, you may be working with managers on yearly budgets.

Do you make a lot of money with a business degree? ›

According to the U.S. Bureau of Labor Statistics (BLS), business and financial professionals earned a median annual salary of $76,570 as of May 2021. Business is one of the most popular degrees in the United States because business majors across the board make a higher salary than workers in any other occupation.

How much better is a bachelors than an associates? ›

It pays to advance from an associate degree to a bachelor's degree because a bachelor's degree is more desirable, and often required, by many employers. That reality is reflected in a lower unemployment rate and higher average wages for those with a 4-year degree, compared to those with an associate degree.

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