Even though an associate’s degree in business does not guarantee that you will succeed in business on a grand scale, the fact of the matter is that if you want to get started, you will need to study business in an academic setting. This is especially true if you have set your sights on turning your business into a great one, not just a mom-and-pop store. There are international and local schools that offer business associate degrees, that if you happen to be based in Maryland, you will find a lot of associates degree Maryland based schools or universities.
While hands-on experience will tell you how to operate your business on a day-to-day basis, an associate degree in business can teach you everything from A to Z, from developing your business, organizing and managing it, marketing, accounting, using business computer applications, and business law. Subjects on business law alone make the course worth it. Any aspiring businessman will want to know what law applies to businesses in general.
If you search for it online, you will see that most community colleges offer this course. The good thing about it is that the tuition fees are much lower than those of MBA degrees. How much lower are we talking about? In the school year 2014 to 2015, fees cost less than $3,500 on the average. Of course, this is just tuition fee, it does not include the cost of books and other miscellaneous expenses.
But even if you have no plans for self-employment, you can still benefit from studying business in a community college. People who graduate from this course can be employed as managers in hotels, food and catering businesses, retail sales, and even office management. The average salary of administrative managers is $95,000 per year. If that does not make a business associate degree worthwhile, we do not what will.
Anyway, if you have plans of taking an MBA, a business associate degree can help lower the costs of completing your MBA. There are colleges out there that offer courses that can be credited for MBA units. Tuition fee for MBA courses costs $80,000 and that does not include the cost of books and other incidental expenses. If you factor in lost income, an MBA degree actually costs $260,000. Now if you take a business course first that costs less than $3,500, you can definitely shave some dollars off the 260k of your master’s degree in business.
Before enrolling, though, make sure that you coordinate with a school representative and communicate your goals about completing an MBA.