Online Bachelor's Degree in Contract Management
Learn about degree and coursework options in contract management programs. Find out which topics are discussed, and get information about job titles held by those with contract management training.
What Does an Online Bachelor's Degree in Contract Management Program Involve?
An online bachelor's degree program in contract management can help prepare you for a career in contract management, logistics and supply chain management, purchasing and administration. This flexible program should teach you the fundamentals of negotiating contracts for the purchase or sale of goods and services. The program should also reveal the importance of successful contract management in the world of business.
Coursework may emphasize the theory and practice of management principles and can show you how to tackle different types of commercial contracts, including sales invoices, utility contracts and purchase orders. Completing an online bachelor's degree program in contract management can enable you to earn an education while you pursue a variety of business management positions in legal services, purchasing/acquisitions, human resources or government contract offices.
|Skills Learned||Theory of management, commercial contracts, contract management, negotiation|
|Common Courses||Cost analysis, business law, government contract law, strategic procurement|
|Career Choices||Purchasing manager, government contract manager, logistics manager|
|Job Outlook (2016-2026)||3% decline (for purchasing managers, buyers, and purchasing agents)|
|Median Salary (2018)||$67,600 (for purchasing managers, buyers, and purchasing agents)|
Source: U.S. Bureau of Labor Statistics
What Can I Learn?
Once enrolled in an online bachelor's degree program in contract management, you will take a variety of courses that can help prepare you for a career in logistics or contracts. This program can also help sharpen your leadership ability, teach you management techniques and explain to you the fundamentals of contract management. Due to the flexible, online format, you can still work while completing courses and sharpen your on-the-job experience while you are enrolled in the program.
You will likely also take courses that will build your skills in accounting, administration, purchasing and negotiation. If your program focuses on government or legal applications, courses should be designed to help you learn the processes for contracts of this nature. Potential courses that you can take may include:
- Principles of relations
- Business law
- Project management context
- Government contract law
- Contract administration
- Cost and price analysis
- Organizational communications
- Purchasing and materials management
- Accounting for managers
- Strategic procurement
What Can I Do With My Degree?
After you have earned your degree, you can find work in a wide range of industries that need contract management professionals. The U.S. Bureau of Labor Statistics (BLS), reports that jobs in the purchasing and procurement industry are expected to grow slower than the national average between the years of 2016 and 2026 (www.bls.gov). The BLS also states that in addition to bachelor's degrees, master's degrees and advanced training are often needed in order to obtain certain positions, such as government work. Potential careers you can hold may include:
- Government contract manager
- Purchasing agent
- Logistics manager
- Supply chain management specialist
- Purchasing manager