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The benefits of college degrees, be it associate, B.A., M.A. Or Ph.D level, have been touted and restated many times. Despite rising costs, the investment continues to be valuable one for a wide variety of people. That said, back it up a little bit: just what do all those different degree acronyms mean? Beyond that, what differentiates, say, a B.B.A. To help answer those questions we put together the following list of definitions for what each degree acronym stands for as well as explanations of the meanings behind all the different terminology.

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Associate Degrees An associate degree is typically completed in two years of full-time study, but may take longer for part-time students. These undergraduate programs can be found at community colleges, vocational schools, technical colleges, and some universities. In general, associate degrees fall into three different categories: Associate of Arts (A.A.), Associate of Science (A.S.), or Associate of Applied Science (A.A.S.). Graduates with an associate degree had median annual salary of $50,230, compared with $36,210 for high school graduates.

They also had a better unemployment rate.Source: Bureau of Labor Statistics, 2015 The associate of arts is a basic-level undergraduate degree granted upon completion of a two-year program, usually at community or junior college, technical college or trade school. As such, these are typically a jumping off point towards pursuing a full bachelor's degree. Associate of Science Similar to the A.A., the associate of science degree is the culmination of a two-year academic program.

Is usually awarded to junior college students enrolled in science or tech-related programs. Bachelor’s degree holders had median annual wages of $70,400 in 2015 — nearly twice the median wages for all occupations and nearly $20,000 more per year than graduates with an associate degree.Source: Bureau of Labor Statistics, 2015 The usual degree path for majors in liberal arts, humanities or social sciences such as English, creative writing, fine arts or political science.

Is typically awarded upon completion of a four-year undergraduate program at a traditional school or university. Bachelor of Science The bachelor's typically awarded to undergraduates in science and technical fields. Awarded to majors like art history, theater, film studies and photography. A business-oriented bachelor's path, typically associated with management, accounting, marketing, etc.

B.Arch Bachelor of Architecture A bachelor's degree geared towards the architecture field. BSN Bachelor of Science in Nursing A degree path oriented towards the technical and hands-on training necessary to obtain a nursing license. Bachelor of Engineering Concentrates on engineering fields like electrical engineering, mechanical engineering and computer engineering. The BLS predicts 13.8% growth in employment for master’s degree holders between 2014 and 2024 — the highest of any level of education.Source: Bureau of Labor Statistics, 2015 The basic graduate-level degree granted to grad students in fields in the humanities, social sciences or fine arts. The Master of Business Administration is the master-level degree granted upon completion of a business administration or management-oriented program. In contrast to an M.A., M.B.A. Programs are typically oriented around subjects more narrowly tailored towards business operations like accounting, marketing and analysis.

Master of Science Typically awarded to graduate students in scientific or technical fields. Similar to the M.B.A., the Master of Social Work is narrowly defined master's degree focused on social work.

Programs may adhere to either a clinical track or practice track. The clinical track is oriented towards working with patients, while the practice track focuses on politics and policy as well as management. Workers with a doctoral degree had both the highest median annual salaries — more than $100,000 — and the lowest unemployment of any level of educational attainment.Source: Bureau of Labor Statistics, 2015 Ph.D Doctor of Philosophy Despite what the name might suggest, this isn't a degree for philosophers exclusively. A Ph.D is the doctorate-level degree granted in a variety of different disciplines. These are typically research-intensive programs pursued by those who've already acquired bachelor's and master-level credentials in their field of study. The Psy.D.is similar to a standard doctorate degree, but granted specifically for students pursuing psychology practice.

Doctoral Degree Related Content Doctoral Degree in Business FAQs What do these letters stand for? There are two parts; one can classify the educational level of the degree: 'B' stands for bachelor's degree; 'M' stands for master's degree; and 'D' stands for doctoral degree. The second part denotes the discipline of the degree, like 'S' for science, 'A' for arts, or 'Ph' for Philosophy.

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What are the distinctions between arts and science degrees? Depending on the school you attend and the kind of courses you take, you could earn an arts degree or a science degree. Typically, an 'arts' degree means that you focused on a wide area of learning and discussion, while a 'science' degree implies a deep, technical understanding of your subject.

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What kinds of designations exist for doctoral students? The highest degree you can earn in most liberal arts disciplines is a PhD, or Doctor of Philosophy. However, clinical and counseling psychologists earn a PsyD, Doctor of Psychology nomenclature; medical students earn M.D. Degrees and law students can earn J.D. (Juris Doctor) degrees. What about some of the other specialized degrees?

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Distinctive nomenclature are named after applied disciplines, include Master of Social Work (MSW), Doctor of Social Work (DSW), Master of Education degree (MaEd), Master of Business Administration (MBA), or Doctor of Business Administration (DBA). Now that you know some of the benefits of online learning, find a program that’s right for you. Browse our school listings below to get matched to an online school.