What is an MBA in Acquisitions?
Do you have a background in business, but want to develop a specialty and enhance your career options? An online MBA in acquisitions is one way to make it happen! Combining aspects of management, business, finance, and law, this lucrative field is centered on corporate and federal purchasing. Boasting a job growth rate of around 2%, it’s also highly competitive. Earning an MBA in acquisitions online can help you stand out from the crowd.
Boasting a job growth rate of around 2%, it’s also highly competitive.
It’s no secret that higher education can lead to a higher salary in the long run, but how does having an MBA affect entry-level earnings? Using data gleaned from PayScale, the following table demonstrates just how strongly a master’s degree can influence pay rates, even among entry-level employees.
Comparison of Acquisitions Master’s Degrees
Students pursuing an MBA program enjoy a wealth of specialized paths to choose from. While the following degree programs are all similar in some ways, each one focuses on a different aspect of business or law. Only a traditional or online MBA in acquisitions offers a curriculum dedicated to topics such as government contracting and regulation.
|Degree||Description||Average Salary (1-4 years experience)||Length|
|Juris Doctor (JD/Law) Degree||Unlike an MBA, this professional degree prepares graduates to take the state bar exam. Designed for learners interested in practicing law, JD programs focus entirely on legal matters, with very little discussion of managerial or financial concepts. Although some students may double major in an area of business or finance, most aim to become practicing lawyers.||$61,158||4 Years|
|Master’s of Taxation||Solely concerned with the principles and practices of state and local taxation (SALT), this degree program is highly specialized. Students who complete their Master’s of Taxation become certified SALT professionals, and many who enter the program are already certified public accountants. Unlike many MBA curricula, this program places little to no emphasis on management or leadership skills.||$44,000||2 Years|
|Master’s of Business Administration (MBA) in Acquisitions||Students pursuing an online MBA with acquisitions concentration gain competency in key aspects of government contracting, such as proposal and contract development, cost analysis, and legal topics in federal acquisition. Core courses cover fundamentals of finance and economics, in addition to advanced concepts unique to the field of acquisitions and corporate governance.||$58,999||2 Years|
No two schools or programs are alike, but some concepts are integral to any online masters acquisitions curriculum, and all graduates are expected to master certain skills. You’re bound to encounter one or more of these courses in some variation while researching online MBA in acquisitions programs.
|Course||Competencies Developed||Occupational Skill Level|
|Contract Negotiation||Develop various negotiation and communication techniques, skills in conflict resolution, and identify priorities and potential concessions||TITLE: Vice President, Real Estate Acquisitions
SALARY: growth of 1%
|Financial Analysis||Learn to analyze vertical and horizontal income statements, balance ratios, and calculate profit margins||TITLE: Asset Manager
SALARY: growth of 13%
|Regulatory Compliance||Gain a broad understanding of the regulations and legal restrictions most often encountered in the field of federal acquisitions.||TITLE: Associate General Counsel
SALARY: growth of 3%
Earning an acquisitions MBA online can lead to a wealth of new career opportunities. Below are a few popular paths taken by program graduates.
|Vice President (VP), Real Estate Acquisitions||Median Salary: $118,895|
||Individuals in this position are entrusted with numerous real estate-related tasks for an organization. They oversee real estate acquisition, negotiation, and coordinating due diligence.|
|Associate General Counsel||Median Salary: $133,259|
||Working alongside a general counsel, these attorneys ensure a company’s compliance with legal standards and protect it from litigation. They also review contracts and claims.|
|Asset Manager||Median Salary: $69,689|
||Asset managers are in charge of a company’s material property, including real estate. They assess property and create reports and budgets accordingly, often meeting with outside companies such as contractors and vendors.|
|Rank||School||Location||Cost||Toggle||Logo||Tuition||% Receiving Financial Aid||Student Population||School Type||Description|
|Location Bellevue, NE||Tuition||Tuition $20,340||% Receiving Financial Aid 44%||Student Population 9,760||School Type Private||
Bellevue University in Bellevue, Nebraska offers students a master's in business administration with an emphasis in acquisition and contract management, an advanced degree that combines principles of business, management, and procurement. Bellevue's program emphasizes business decisions, legal considerations, negotiations, and cost analysis in contracting. The 36-credit curriculum includes coursework ideal for careers in government, civilian, and military settings. It also prepares students for certification in defense acquisition.
Applicants must possess a bachelor's degree with a minimum 2.5 GPA over the last 60 credit hours of coursework or a master's degree. Students with previous graduate coursework must have a minimum 3.0 GPA.
|Location Saint Louis, MO||Tuition||Tuition $28,080||% Receiving Financial Aid 65%||Student Population 15,256||School Type Private||
The master's in business administration with an emphasis in procurement and acquisitions management from Webster University in St. Louis, Missouri provides students with knowledge about concepts, theories, and techniques related to fundamental aspects of business administration. With an emphasis in procurement and acquisition, students develop knowledge and skills needed to specialize in global distribution management. Students apply legal principles and contract assessment to the practices and operations management of facilities in this online MBA mergers and acquisitions degree.
Applicants to Webster's 45-credit program must have a bachelor's degree with a minimum 2.5 GPA. Webster admits students on a rolling basis.
If you’ve decided that an MBA in acquisition is right for you, then it’s time to start narrowing down the list of schools you’re interested in. Here are a few tips and tricks to help you through this process:
Search for schools in your area
Even though you are looking for online programs, it can be helpful to choose a school within 100 miles of your home. Online students often report that they enjoy being able to visit campus. In addition, schools often partner with local businesses, meaning a school in your area can help you find a job close to home.
Compare student outcomes data
Many schools provide this information on their website; however, if you can’t find it, contact the school and ask for it. This data should include graduation rates, employment rates, and the compensation levels of recent graduates. When viewed side-by-side, this information provides a glimpse at program quality.
Estimate the expected costs of your programs
Prospective students often underestimate the total cost of their program. Multiply the total number of credit hours you will need to graduate by cost per credit hour. Do not forget to include the cost of supplies, internet, and factor in the time you will not spend earning an income. Also compare financial aid options; different schools may offer better financial aid packages or scholarships that can offset the cost of education.
Check that classes will fit in with your schedule
One of the central benefits of online education is flexibility. However, some programs require set meeting times, synchronous workshops, and mandatory campus visits. Be aware of all time commitments, and be sure they fit into your current schedule.
Look for partnerships with local businesses
The main objective of getting your MBA in acquisitions is to find a secure job with a healthy salary in a field you enjoy. To that end, attending school that is well connected with local businesses can be a fantastic leg up upon graduation. Many of these partners will offer internships to students that can lead to full-time employment or provide the network and experience you need to get a job elsewhere.
Make sure the program is accredited
Accreditation is the formal review process that ensures a school is offering a reputable program adhering to minimum academic standards. The Association to Advance Collegiate Schools of Business is the national agency that accredits for undergraduate, master’s and doctoral programs in business and accounting. By checking a program’s status with the AACSB, you can be confident you are receiving a recognized, quality degree. Employers generally will not hire job candidates who possess a degree from a school that is not accredited, and schools will not accept academic credentials from an unaccredited program.
Talk to current students and/or recent alumni
One of the best resources when it comes to making a final decision on an online MBA in acquisitions program is actual students and graduates. They can give you an unbiased, real-world take on how the program has served them, what they have liked, and what they have disliked. Ask an admissions counselor to put you in touch with a current student or recent alumni. Alternatively, use LinkedIn or Facebook to find and reach out to people.
Getting your MBA in acquisitions online is the first and most important step towards finding a rewarding career in the field. However, some positions require or recommend additional certification or licensure. While most MBA programs don’t typically offer licensure as part of a curriculum, major coursework and electives may introduce topics that commonly appear on certification exams. Here are two excellent examples of many credentials available to professionals with a background in acquisitions:
|Certified Merger and Acquisition Advisor (CMAA)||To become a certified advisor, applicants must complete 36 hours of coursework and a final exam, as well as an additional 12 hours of coursework annually.|
|Certified Post Merger Integration Professional (CPMI)||This 100-hour program is intended for professionals who seek to specialize in post-merger integration processes in the United States or abroad. Coursework consists of three asynchronous, fully-online modules.|
Like traditional students, learners pursuing their acquisitions masters degree online can apply for numerous need- and merit-based scholarships. With awards ranging from $1,000 to $25,000 or more, these scholarships are typically offered through the government, private corporations, non-profit organizations, religious and cultural groups, and other organizations, as well as individual donors. Some are awarded exclusively to MBA students. Depending on your background, academic achievement, or financial status, you may be eligible for scholarships such as the following.