In acquisitions, one oversees the merging, buyout, liquidation or other related negotiations between companies. Acquisition professionals also negotiate contracts, working directly with owners or management, as well as other representing negotiators. Thus acquisition positions are often referred to as Acquisition & Contract Management or Mergers & Acquisitions. Those with acquisition degrees are virtually unlimited in who they can work for, as skilled negotiating is highly sought after in numerous industries.
Acquisition professionals work with and affect a vast amount of businesses, including those in or related to:
- Real estate
- Service industry
Acquisition professionals need a wide range of capabilities, including:
- Negotiation skills
- Contract pricing
- Familiarity with acquisition & business law
- Business administration expertise
- Leadership abilities
The employment outlook for those in acquisition is extremely positive. Acquisition is a resilient job category, since business mergers and buyouts occur often during periods of economic stress. Those with degrees in acquisition are largely chosen over those who seek no further education, as the industry is looking for those trained in the latest negotiation techniques and contract laws.
- Bureau of Labor Statistics, 2008