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The differences between acquisitions managers and managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an acquisitions manager and a manager. Additionally, an acquisitions manager has an average salary of $97,768, which is higher than the $58,651 average annual salary of a manager.
The top three skills for an acquisitions manager include due diligence, project management and digital marketing. The most important skills for a manager are customer service, payroll, and food safety.
| Acquisitions Manager | Manager | |
| Yearly salary | $97,768 | $58,651 |
| Hourly rate | $47.00 | $28.20 |
| Growth rate | 3% | 6% |
| Number of jobs | 9,054 | 1,236,194 |
| Job satisfaction | 5 | 4.57 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 49% |
| Average age | 48 | 44 |
| Years of experience | 6 | 6 |
Acquisition managers supervise a company's purchasing ventures. They are responsible for discovering and analyzing possible purchase deals, arranging the purchase terms and contracts, implementing and completing the purchase. They work in multiple industries, generally labor 40 or more hours a week in an office domain, and may need to travel occasionally. Employers look for candidates with strong leadership, negotiation, analytical, finance, and computer skills. Preferred individuals are those who have undergone project management and has training in areas such as mergers and acquisition, consulting, and corporate development.
Managers are responsible for a specific department, function, or employee group. They oversee their assigned departments and all the employees under the department. Managers are responsible that the department they are handling is functioning well. They set the department goals and the steps they must take to achieve the goals. They are also in charge of assessing the performance of their departments and their employees. Additionally, managers are responsible for interviewing prospective candidates for department vacancies and assessing their fit to the needs of the department. Managers also set the general working environment in the department, and they are expected to ensure that their employees remain motivated.
Acquisitions managers and managers have different pay scales, as shown below.
| Acquisitions Manager | Manager | |
| Average salary | $97,768 | $58,651 |
| Salary range | Between $65,000 And $145,000 | Between $37,000 And $92,000 |
| Highest paying City | Hartford, CT | - |
| Highest paying state | Connecticut | New Jersey |
| Best paying company | McKinsey & Company Inc | - |
| Best paying industry | Professional | Finance |
There are a few differences between an acquisitions manager and a manager in terms of educational background:
| Acquisitions Manager | Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between acquisitions managers' and managers' demographics:
| Acquisitions Manager | Manager | |
| Average age | 48 | 44 |
| Gender ratio | Male, 64.6% Female, 35.4% | Male, 51.0% Female, 49.0% |
| Race ratio | Black or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 16.6% Asian, 5.4% White, 64.2% American Indian and Alaska Native, 0.6% | Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 10% |