Students interested in enrolling in master's degree programs in acquisitions can find several degree options, typically in the areas of contract management or acquisitions. Some schools may also offer this field as a specialization option in their Master of Business Administration program. These programs typically integrate courses in business management, finance, logistics, acquisition, and contracting in order to prepare students for management-level careers in public and private companies. This degree can usually be completed in two years and may be offered in an online format at some schools.
In order to apply, students must hold a bachelor's degree in a business-related field. Those who have bachelor's degrees in other fields may need to have completed prerequisite coursework in the field. Applicants must also submit GRE or GMAT scores.
Master's Degree in Acquisitions
Possible degree options include a Master of Science in Acquisition and Contract Management, Master of Science in Management with a concentration in acquisition and contract management, or Master of Arts in Procurement and Acquisition Management. Students can expect to study the business, financial, and legal principles related to acquisition contracts and procurement. Students also learn valuation analysis, which is important for students pursuing a career in acquisitions. Other topics of study include:
- Supply chain management
- Legal aspects of contracting
- Acquisitions and mergers
- Financial accounting
- Contract negotiation
- Strategic purchasing
Popular Career Options
A master's degree in acquisitions opens up a broad array of career possibilities within the corporate world. Graduates may pursue positions such as:
- Contract specialist
- Procurement manager
- Contract administrator
- Logistics analyst
- Government agency contract administrator
Employment Prospects and Salary Info
The U.S. Bureau of Labor Statistics (BLS) predicts that job opportunities for purchasing managers, and buyers and purchasing agents, will increase by 4% and decrease by 6% between 2018 and 2028, respectively. Median annual wages for purchasing managers were $118,940 as of May 2018, according to the BLS, while all purchasing agents and buyers earned a median salary of $62,750.
The Alliance of Merger & Acquisition Advisors (AM&AA) offers various continuing education resources for acquisition business professionals, including conferences, webinars, and printed publications. Additionally, the organization sponsors a professional credential, the Certified Merger & Acquisition Advisor (CM&AA), which can be obtained by completing a one-week training program and application process.
Eligibility requirements include completion of a master's degree program or a selection of other business-related credentials, plus submission of a professional reference form. CM&AA recipients must complete a minimum number of continuing education hours each year in order to maintain their credentials.
Earning a master's degree in acquisitions allows students to gain a comprehensive understanding of business, finance, and executive leadership so that they can pursue high-level positions in the field and join professional organizations that offer continuing education opportunities.