Master of Arbitration
MArb
1-2 years
$10,000-$50,000
A Master of Arbitration degree is a postgraduate program that focuses on the study of alternative dispute resolution methods. The program is designed to equip students with the knowledge and skills necessary to resolve disputes outside of the traditional court system. Students will learn about various forms of arbitration, mediation and negotiation, as well as the legal and ethical considerations involved in these processes.
The key components of a Master of Arbitration degree include a strong foundation in alternative dispute resolution methods, an understanding of the legal and ethical considerations involved in these processes and specialized knowledge in specific areas of arbitration such as international, commercial and construction arbitration.
Graduates of a Master of Arbitration degree program can pursue careers as arbitrators, mediators and negotiators in a variety of industries including law, business and government. They may also work for alternative dispute resolution organizations or start their own private practice.
The salary expectations for graduates of a Master of Arbitration degree program vary depending on the industry and location of employment. According to the Bureau of Labor Statistics, the median annual wage for arbitrators, mediators and conciliators was $63,930 in May 2020.
For a more accurate understanding of salary expectations, you can utilize the Job Sites Search Engine, from our sister site jobRank, which searches over 4,600 job sites worldwide. Make sure to specify not only the job title but also the country you are interested in.It is important to note that the duration, tuition fees, curriculum, key components, career prospects and salary expectations of a Master of Arbitration degree can vary depending on the country and university where the degree is pursued. Visitors can search for where this specific degree (Master of Arbitration) is offered anywhere in the world through the uniRank World Universities Search Engine.
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