Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Information on Master’s Degree Programs in Contract Management

Majors Overview June 3, 2015

Get information about a master’s degree program in contract management and its education requirements, coursework, career choices, job and wage outlook, and continuing education choices.

Master’s Programs in Contract Management

Students enrolled in master’s degree programs in contract management learn about advanced concepts of procurement, contract acquisition, and negotiation. They also receive education about federal and state regulations relevant to contracting processes. While schools often target these programs at students mainly interested in federal government contracting, the programs may also cover other types of contract management. In some instances, students enrolled in this type of program may already be in current occupations with companies that contract with government agencies. Research in the field is emphasized by studies, and the focus of coursework is on theories through a combination of hands-on training exercises and classroom lectures. Program graduates become eligible to seek professional certifications in the field.

Education Requirements

Admission criteria typically require incoming students to hold a bachelor’s degree. Though prior work experience is not mandatory for admission, preference is given to applicants with such work experience. Students would also benefit from having completed prior coursework in finance, statistics, and mathematics.

Coursework

Coursework combines hands-on practice and theory-based lectures; hands-on exercise may include team-based exercises, case study analyses, and research. Core coursework may cover topic areas such as:

•Contract negotiation
•Finance management
•Government contracting law
•Principles of acquisition
•Contract pricing

Career Choices

Program graduates may seek entry-level careers or leadership positions in possible roles such as:

•Contract administrator
•Procurement manager
•Government contract specialist
•Purchasing manager

Job and Wage Outlook

Over the 2012 – 2022 decade, a job growth rate of four percent has been predicted for purchasing managers (U.S. Bureau of Labor Statistics). In 2012, these professionals brought in an average annual wage of $60,550.

Continuing Education Choices

Program graduates may seek voluntary professional certification offered by certifying organizations like the National Contract Management Association (NCMA). The NCMA offers three certifications, the Certified Commercial Contracts Managers (CCCM), Certified Federal Contracts Manager (CFCM), and Certified Professional Contracts Manager (CPCM). To be eligible to apply, interested individuals must have at least a bachelor’s degree, augmented by advanced education, such as a master’s degree, and professional work experience.

Showing schools in your area

Matching School Ads
4 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
  • Online Courses
4 Program(s) Found
  • Why Earn Your Degree from GCU?
  • Options: Choose from a variety of undergraduate and graduate degree programs in Business, Nursing, Psychology, Education & more!
  • Convenience: Complete courses online, on campus, or a combination of both!
  • Earlier Graduation: Our 4-credit courses allow you to complete your degree program in less time.
  • Transfer Friendly: We will request your transcripts, evaluate your graduate coursework, and determine your anticipated graduation date within 24 hours.
  • Quality: Grand Canyon University was founded in 1949 and is regionally accredited. Learn more today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Earn your Bachelor of Business Administration (BBA) 100% online
  • Learn business and leadership skills through case studies and intensive projects, culminating in a capstone course
  • Program designed to teach students key concepts in accounting, financial services, and marketing
  • South University brings over 115 years of achievement and tradition to a supportive, online classroom
  • We're now Non-Profit.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Wharton's three-month online program — Business Analytics: From Data to Insights — arms managers and leaders with the tools needed to break away from the pack.
  • Take the opportunity to turn data into a competitive advantage.
  • Online Courses
  • Find Online Schools. 100% Online Accredited Courses
  • Get Matched to Programs In A Few Clicks!
  • Earn an Affordable Degree from Home at your own pace
  • Get College info today. Its Free and Easy!
  • Online Courses
  • Are You a Natural Leader or Good with Numbers? Get Educated in the Business Field.
  • Build the Capabilities and Connections to Power Your Future.
  • Business Administration & Management, Accounting, Marketing Degree Programs and More From Top Colleges that Fit Your Needs.
  • Find Schools Online or Near You & Get Info for FREE Today!
  • Online Courses

Showing schools in your area

Matching School Ads
4 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
  • Online Courses
3 Program(s) Found
  • Earn your Bachelor of Business Administration (BBA) 100% online
  • Learn business and leadership skills through case studies and intensive projects, culminating in a capstone course
  • Program designed to teach students key concepts in accounting, financial services, and marketing
  • South University brings over 115 years of achievement and tradition to a supportive, online classroom
  • We're now Non-Profit.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Wharton's three-month online program — Business Analytics: From Data to Insights — arms managers and leaders with the tools needed to break away from the pack.
  • Take the opportunity to turn data into a competitive advantage.
  • Online Courses
4 Program(s) Found
  • Ready to earn your business degree? If you identify with at least one of the statements below, GCU could be a good fit for you!
  • I have worked in the business field for a number of years and want to further my education in order to qualify for promotions, leadership positions, and salary increases.
  • I am graduating from high school and am interested in pursuing a career in a business field, but I first need the skills experience.
  • I am interested in a Bachelor's, Master's or Doctoral degree in my specialized business area of focus.
  • I want flexible course offerings, such as the option of 100% online, evening or campus classes.
  • I need a university that provides quality educational offerings through academic excellence and real-world relevance. Does this sound like you? Apply today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Find Online Schools. 100% Online Accredited Courses
  • Get Matched to Programs In A Few Clicks!
  • Earn an Affordable Degree from Home at your own pace
  • Get College info today. Its Free and Easy!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!