Online MBA Degree in Acquisitions and Contract Management
Get program details about an online Master of Business Administration (MBA) degree in acquisitions and contract management. Read on to learn more about admission requirements and coursework.
What Is an Online MBA Program in Acquisitions and Contract Management?
MBA programs lead to terminal degrees in business that can make you eligible for upper-level management and executive positions. Although online MBA degree programs are fairly common, concentrations in acquisition and contract management are offered online only through a few schools. If you want to study acquisition and contract management, another option is to enroll in an on-campus MBA program that offers courses or concentrations in the field. Studying acquisitions can teach you the nuances of business and finance that are involved when one company takes control of another.
|Online Availability||Master of Business Administration (MBA) programs with a concentration in acquisition and management are rarely available online|
|Admission Requirements||Bachelor's degree, GMAT scores, resume, letters of recommendation; professional business experience may be preferred|
|Common Courses||Purchasing strategies, negotiation, cost analysis, legal considerations in contracting, contract pricing|
|Median Salary (2018)||$132,620 (for all purchasing managers)|
|Job Outlook (2016-2026)||10% growth (for all purchasing managers)|
Source: U.S. Bureau of Labor Statistics
How Do I Get In?
The minimum requirement for admission into MBA degree programs with a concentration in acquisitions and contract management is a bachelor's degree. Some schools may also prefer candidates who have a few years of professional business experience. You should expect to submit Graduate Management Admission Test (GMAT) scores, letters of recommendation, a personal statement, college transcripts and a resume. Some admissions committees note the intangible characteristics of a successful applicant, which might include habits like leadership, intellectual growth and community engagement.
What Will I Learn?
Coursework in MBA degree programs commonly focuses on applied business principles. You could learn about human resources management, organizational leadership, strategic decision-making and entrepreneurship. Other areas of study could include human resources management, marketing, finance, accounting and economics. A concentration in acquisition and contract management could teach you how to search for acquisition opportunities, negotiate contracts and handle the legal proceedings. Some courses of study feature a collaborative project in which you and your classmates create new ventures, participate in business simulations or develop working business plans. The following are examples of classes you could take:
- Contract pricing
- Purchasing strategies
- Legal considerations in contracting
- Cost analysis