Bachelor degree programs in contract management focus on federal and commercial contracting. Bachelor's programs in business administration are more common and focus on the legal side of contracts and business. Typically, the business administration programs can allow students to focus in one of many concentration options, such as operations management, finance or accounting. Both of these 4-year programs require applicants to have a high school diploma or GED, as well as SAT or ACT scores.
Bachelor of Science in Contract Management
A degree program in acquisition and contract management or government contract management could instruct students on the buying of services and goods, pricing and contract law. Some programs offer courses that focus on both federal contract management and commercial contracting.
Students in these programs can focus on broad business courses, such as operations management, business policy and risk management. Courses could include:
- Federal Acquisition Regulations
- Computer applications
- Government contract law
- Project management
- Contract pricing
Find schools that offer these popular programs
- Actuarial Sciences
- Business and Commerce, General
- Business Statistics
- Customer Service Management
- Logistics, Distribution, and Materials Management
- Management Science
- Office Management
- Operations Management
- Public and Nonprofit Organizational Management
- Purchases, Acquisitions, and Contracts Management
- Transportation Management
Bachelor of Business Administration
Schools that offer business administration degree programs may aid aspiring government contract managers by offering courses in contract management or contract law. Learning about administration could prepare individuals for managing, planning and organizing government contracts.
These programs may offer contract law as an independent course option or may include contract law within a broader business law course. Other coursework could include:
- Financial accounting
- Cost management
- Business ethics
- Record keeping
- Small business management
Popular Career Options
Professionals working in government contract management or acquisition management are commonly known as contract officers. These professionals can work in various professional settings, including:
- Private business
- Nonprofit organizations
Employment Outlook & Salary Info
According to the U.S. Bureau of Labor Statistics, purchasing managers, buyers and purchasing agents may be known as contract specialists. From 2014-2024, the number of employed buyers and purchasing agents was expected to increase by two percent (www.bls.gov). In 2016, PayScale.com reported that most contract managers earned between $49,510 and $123,449 annually after bonuses and profit sharing.
Continuing Education Information
Master's degree programs are available for acquisition and contract management. Such programs may be designed for professionals already employed in the field. While enrolled in a graduate program, students may learn about purchasing systems, contract administration, dispute resolution and research commercial exploitation.
After earning a bachelor's degree in business administration, individuals could go on to earn a Master of Business Administration. Such a program could help professionals advance in the field or gain a greater level of specialization in a particular area of interest. Doctoral programs are also available in business administration.
Students interested in studying contract management can pursue a Bachelor of Science in Contract Management or a Bachelor of Business Administration. Graduates of these programs have the required background in contract and business law to work as contract specialists and managers or complete further education.