Millions of Americans are pursuing their education online, and there are a number of reasons for this. [i] These could include convenience, cost, or logistics, but one common want from prospective students is a higher salary. If you want to consider enrolling for an online degree, the guide below outlines the highest-paid online degrees and the colleges to study them in.
The Benefits of Studying the Highest-Paid Degrees Online
Enrolling in online degrees has several benefits, which include;
Flexibility for Career Development
Studying online provides more flexibility than going to a college physically. For instance, you can work and adjust your coursework schedule easily. You can work on a full-time job while completing your courses without disruptions. By the time you will be graduating, you will have more work experience and new skills that can help you improve your career.
Flexible Learning Environment
Studying online enables you to choose your learning environment. This could be in your bedroom, at the café, the local gym, or any other destination. Taking an online degree also means that you won’t be commuting every time you have a class.
Taking an online course means that you will only incur the tuition fees, online application fee, book supplies, and a few other items. However, you don’t pay for housing, transport or other requirements that would be required if you attended the school physically. This is a good savings option.
More Options on Course Topics
The field of study is often a significant consideration when choosing what to study. College or university location can limit your choice of courses to study. However, studying online provides a lot of conveniences, as you won’t have to worry about a lack of options or classes that are already all filled up.
The Highest Paid Online Degrees Are In Demand!
Some of the highest-paid online degrees at the moment include[ii];
1) Software Development
Median Salary – $100, 690
Even though computers currently run the world, software developers make the computers run. Software developers create software codes and solve technical issues. Developers also analyze computer data and create essential tools. Software development is a large and continually growing market, with data from the BLS projecting a 17% by 2024.
Median Salary – $115, 750
A bachelor’s degree in marketing can also land you on a hefty pay scale. Marketing specialists or market research analysts help companies project their sales. They analyze market data on several levels to determine what customers are buying and the available gaps in the market. As such, they play a significant role in helping businesses become competitive and increase their profitability.
3) Master’s Degree in Business Administration
Median Salary – $90, 000 +
An MBA is among one of the most sought-after online degrees for various reasons. The program covers several courses, including human resource management, leadership, and overall management skills. Typically, an MBA program takes up to two years, but some may be shorter depending on the units studied. Online MBA programs include core units such as finance, economics, information systems, marketing, and accounting.
Where to Study Online Degrees
University of Florida
The University of Florida boasts several online graduate and undergraduate degrees. You can enroll in more than 22 online bachelor’s degree option in science, biology, and nursing and over 79 master’s degree options. The school helps students navigate various academic and administrative services, including financial aid and tutoring. It has an asynchronous instruction style with 100% online delivery format. Tuition fees range around $129 per credit, and students should complete a total of 120 credits[iii].
The northeastern university is another good option for those who want to study online. The college offers up to 80 online programs. You can select from several bachelor’s programs, including digital communication, media, health management, analytics, and more. The college charges $541 per credit and the length of the program differs depending on the number of credits. The instruction style is asynchronous, and most courses are 100% online[iv].
The Bottom Line
Online colleges have made it easier to complete higher education and advance your career. Be it a bachelor’s or a master’s degree program, studying online provides much-needed flexibility and convenience. However, before enrolling in any of the highly-paid online degrees mentioned above, consider several factors. Besides your interest and career choice, ensure that the online college/university is accredited to provide the course.
[i] “New Study: Over Six Million Students Now Enrolled In Distance Education – OLC”. 2020. OLC. https://onlinelearningconsortium.org/news_item/new-study-six-million-students-now-enrolled-distance-education/.
[ii] “25 Highest Paying Online Masters Degrees 2020”. 2020. Collegeconsensus.Com. https://www.collegeconsensus.com/online/highest-paying-online-masters-degrees/.
[iii] “Online Bachelor’s Degrees And Programs | University Of Florida Online”. 2020. University Of Florida Online. https://ufonline.ufl.edu/.
[iv] Northeastern University, http://www.northeastern.edu. 2020. “Online Learning – Northeastern University”. Northeastern University. https://www.northeastern.edu/academics/online-learning/