A bachelor's degree program in acquisition and contract management teaches you about contract negotiations and company management. Ahead, you'll learn about the topics covered in these programs and the career outlook for this field.
What Will I Learn in an Acquisition and Contract Management Bachelor's Degree Program?
There are a very limited number of colleges that allow you to earn a Bachelor of Science in Acquisition and Contract Management. You may be able to more easily find a college that offers a Bachelor of Business Administration with a concentration in acquisition and contract management. This degree program is designed for business students who want to focus on contract management, the purchasing of company goods and management skills.
Along with building an educational base in business, you'll gain a sense of how to manage long-term contracts, make requests for proposals and understand contract law. The degree can be obtained in about four years, but part-time students are more likely to finish the program in about six years. Because the degree program is hard to find, online studies are rare.
<table border="1"><tr><td><b>Common Courses</b></td><td> Business management, economics, contact law, accounting principles, business statistics</td></tr>
<tr><td><b>Possible Careers</b></td><td> Management or supervisory positions in companies</td></tr>
<tr><td><b>Program Length</b></td><td> Four years; part-time students typically finish in six years</td></tr>
<tr><td><b>Median Salary (2020)*</b></td><td>$98,890 <i>(Administrative Services Managers)</i></td></tr>
<tr><td><b>Job Outlook (2019-2029)*</b></td><td>6% <i>(Administrative Services Managers)</i></td></tr>
</table><p><i>Source: *U.S. Bureau of Labor Statistics (BLS)</i>
</p><h3 id="section---WhatKindOfClassesMightITake">What Kind of Classes Might I Take?</h3><p>Your classes are likely to cover business, management, economics and law. Your degree program may also teach you about the differences between federal contracts versus private business and government contracts. Some of your courses may include:
</p><ul><li>Principles of accounting
</li><li>Business statistics
</li><li>Acquisition and contract management pricing
</li><li>Acquisition and contract management negotiations
</li><li>Government contract law
</li><li>Risk management
</li><li>Organizational communication
</li><li>Business ethics
</li><li>Strategic management
</li></ul><h3 id="section---WhatAboutAfterCollege">What About After College?</h3><p>Once you earn your degree, you may be able to find employment as a manager or supervisor overseeing a company's contracts and goods. The U.S. Bureau of Labor Statistics (BLS) reports that the job outlook for administrative services managers is predicted to grow at an above-average rate with a strong demand for facility managers. Employment is likely to increase by 6% between 2019 and 2029. Earnings of managers often vary greatly depending on the industry and nature of the work. Those with a bachelor's degree or higher in the field may have the best employment prospects and salary potential.</p>
