You can choose from a few types of graduate degree programs in arbitration. A Master of Laws in Arbitration or Dispute Resolution might be ideal if you already hold a law degree from an accredited university and are interested in specializing in arbitration. A Master of Science or Master of Arts in Conflict Management, Negotiation or Conflict Resolution might not prepare you to work in the legal field, but it can provide you with the advanced skills to work as a negotiator in the government or the private sector. Most all of these degree program include core courses covering the theory and practice of arbitration while also allowing you to take electives that highlight your individual interests, whether they be international negotiation or business law. A thesis project is also usually required. • You will earn a higher-than-average salary working as an arbitrator in most industries. • You will typically not need a license to work as an arbitrator. Cons • You may need to have professional experience in a particular industry in order to work as an arbitrator in that field. • You may need to meet specific court- or state-mandated training requirements to work as a mediator. Courses and Requirements In addition to taking core courses in arbitration and negotiation theory, you will likely be required to complete electives or a field experience in your chosen area of focus, be it business or cultural conflict. Some common courses you might find include: • Business arbitration • International and intercultural arbitration • Theory and practice of negotiation • Alternative dispute resolution • Laws and conflict • Psychology and conflict • Advanced mediation skills Stand Out with This Degree One way to set yourself apart from job competitors is to select a specialization while enrolled in a graduate degree program in arbitration or conflict resolution. Some programs will require you to choose a concentration, while others will merely recommend that you choose your electives carefully based on your career goals and interests. By focusing on a specialization, such as international conflict resolution, you will be able to build the specific skills necessary to negotiate between parties of different interests/backgrounds regarding government or business concerns. You might also focus your interests in peace and justice, nonviolent social change or business negotiation.
