Auctioneering
An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. The open ascending price auction is arguably the most common form of auction in use today. Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid. An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed. In a Dutch auction, the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is met. While auctions are most associated in the public imagination with the sale of antiques, paintings, rare collectibles and expensive wines, auctions are also used for commodities, livestock, radio spectrum and used cars. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange.
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Scholarships for Auctioneering Majors
Besio Family ScholarshipUniversity of Notre Dame |
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award $25,000 |
deadline January 01, 2024 |
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Huizenga Business Innovation Academy ScholarshipNova Southeastern University |
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award $20,000 |
deadline Varies |
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Christine and Clarence Day Business ScholarshipUniversity of Mississippi |
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award $10,000 |
deadline Varies |
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3M Business Development FellowshipUniversity of Minnesota, Carlson School of Management |
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award $10,000 |
deadline Varies |
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Honors Scholarship - Bethel College, KansasBethel College - Kansas |
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award $7,500 |
deadline Varies |
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Business Information Technology Advantage Scholarship - University of Montana, Montana TechUniversity of Montana at Montana Tech |
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award $6,700 |
deadline Varies |
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Weimer Industries ScholarshipMilwaukee School of Engineering |
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award $5,000 |
deadline Varies |
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Frances C. Amos School of Business Admin. Alumni Affiliate ScholarshipOakland University |
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award $5,000 |
deadline Varies |
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Raftelis Leadership ScholarshipAmerican Water Works Association |
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award $5,000 |
deadline December 19, 2023 |
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Mueller HBCU ScholarshipAmerican Water Works Association |
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award $5,000 |
deadline December 19, 2023 |
Auctioneering Related Majors
- Business Administration, Management and Operations
- Business, Management, and Marketing
- Marketing
- Accounting and Business/Management
- Finance and Financial Management Services
- Accounting and Finance
- International Business
- Fashion Merchandising
- Human Resources Management and Services
- Entrepreneurial and Small Business Operations
- Business and Personal/Financial Services Marketing Operations
- Hospitality Administration/Management
- Real Estate
- Management Information Systems and Services
- Business
- Fashion Modeling
- Business/Managerial Economics
- Small Business Administration/Management
- Construction Management
- Entrepreneurship/Entrepreneurial Studies