Acquisition analysts study and analyze vast amounts of data. They're considered a type of financial analyst who focuses on the procurement of one company by another. They conduct research and analysis to understand the benefits of an acquisition or merger. Acquisition analysts earn an average sum of $34 per hour, which is roughly $71,000 per year.
Acquisition analysts work for organizations that are looking to expand. They study large-scale purchasing opportunities, noting any problems that could arise and coordinating solutions accordingly. They ensure that an acquisition doesn't violate any applicable laws as the company drafts and draws documents to seal the deal.
A bachelor's degree in business administration, accounting, or marketing is typically the minimum requirement for acquisition analyst positions. However, it's recommended to earn a higher degree, such as a Master of Business Administration, with a concentration in accounting, engineering, or construction management. Relevant experience in finance, real estate, or technology can also prove beneficial for a career as an acquisition analyst.
There is more than meets the eye when it comes to being an acquisition analyst. For example, did you know that they make an average of $34.89 an hour? That's $72,568 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 20,300 job opportunities across the U.S.
There are certain skills that many acquisition analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed computer skills, detail oriented and math skills.
When it comes to the most important skills required to be an acquisition analyst, we found that a lot of resumes listed 9.5% of acquisition analysts included procedures, while 6.2% of resumes included dod, and 5.8% of resumes included project management. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the acquisition analyst job title. But what industry to start with? Most acquisition analysts actually find jobs in the finance and technology industries.
If you're interested in becoming an acquisition analyst, one of the first things to consider is how much education you need. We've determined that 68.7% of acquisition analysts have a bachelor's degree. In terms of higher education levels, we found that 15.4% of acquisition analysts have master's degrees. Even though most acquisition analysts have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an acquisition analyst. When we researched the most common majors for an acquisition analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on acquisition analyst resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become an acquisition analyst. In fact, many acquisition analyst jobs require experience in a role such as contracts specialist. Meanwhile, many acquisition analysts also have previous career experience in roles such as internship or contracting officer.