Master’s Degrees in Contract Management
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The advanced graduate-level study of contract management specifically includes honing a student’s skills in patient decision-making, the art of negotiation, and the science of communication. With successful acquisition and contract professionals, contract managers will be able to effectively communicate with their clients, vendors, and project leaders, all while thoroughly understanding the legal requirements of a contract’s particular scope. Career opportunities for a graduate with a contract management master’s degree may include becoming a corporate executive or a manager of operations, sales, production, quality control and transportation.
What are the Requirements for Earning a Master’s Degree in Contract Management?
Coursework in a master’s of science in acquisition and contract management includes data analysis for effective decision making, accounting and information systems, and operations management strategies. The study of strategic management in particular, will teach candidates how to properly apply qualitative and quantitative assessment tools. The study of logistics is crucial to these concepts as well, helping students understand that the sooner they comprehend the various components of a business structure, the faster they’ll be able to innovate and take it into their future careers. Students are generally expected to have earned a bachelor’s degree from an accredited school, like DeVry University, in a related field – likely some form of business undergraduate degree – prior to admission.
Typical coursework in a contract management master’s program may include the following:
- Business Ethics
- Contract Law
- Corporate Finance
- Contract Negotiating
- Economic Analysis
- Government Contracting
- Purchasing and Logistics
- Supply Chain Management
What Can I Do with a Master’s Degree in Contract Management?
Once a student has earned a master’s degree in contract management, they are ready to assume leadership and managerial roles in a variety of fields. Many employers hire graduates with only a degree in contract management. Depending on their area of interest, some students may elect to pursue a law degree or a doctoral degree in management. Other may choose to work as:
- Acquisitions Managers
- Contract Administrators
- Contract Managers
- Construction Coordinators
- Construction Superintendents
- Construction Supervisors
- Purchasing Managers