Administration, business, and economics provide a broad base of understanding commerce. While administration is more focused on management issues, business examines the different disciplines involved such as distribution, accounting, marketing, human resources and operations. Economics is the study of the factors driving business, like supply and demand.

A masters is earned after students complete an undergraduate degree program. To obtain a masters, you usually need to complete 12 to 18 college courses that often involve completing comprehensive tests and/or a thesis.