Masters Degrees in Contract Management
Every business in every industry has to engage in contracts at one time or another. Companies sign contracts with other companies, vendors, employees, and just about everyone they do business with. In order to make sure contracts are negotiated and managed properly, companies and governments hire qualified contract managers to look out for their interests. If you'd like to join the growing field of contract management, a masters degree in contract management provides an advanced education to launch your contract management career. A masters degree in contract management demonstrates that you've gained the basic theory and application skills needed to perform functions of government contract officer, understand the regulatory environment of contract management, and are proficient in information technology that pertains to contract management. A masters degree in contract management is a two to three-year graduate degree that qualifies you for an advanced position in contract management or can be used as a steppingstone to a doctorate degree in a related field.
Masters Degree in Contract Management Success Factors
Earning a masters degree in contract management requires that you are able to pay close attention to details, are flexible, self-motivated, work well by yourself and with others, are well-organized, and are able to communicate clearly and effectively.
Masters Degree in Contract Management Concentrations
When you enter a masters degree in contract management program, you'll have many areas of concentration to choose from, including baseline management, document management, issue management and transaction compliance. Your chosen area of contract management concentration should match the field where you wish to get work once you graduate with a masters degree in contract management.
Masters Degree in Contract Management Curriculum
In addition to advanced coursework in the field of contract management, you may be required to complete a masters thesis and/or a comprehensive examination, also known as comps. A masters thesis in contract management is an extensive research paper on a significant topic in the field of contract management, while comps involve extensive testing of all the subjects pertinent to the field of contract management. The courses you take when earning a masters degree in contract management help you understand the complicated laws and regulations that are involved in contracts. Coursework for a masters degree in contract management includes study in contract standards, contract execution, as well as other corporate or business subjects and general studies.
Masters Degree in Contract Management Jobs
A masters degree in contract management is an advanced educational credential that will qualify you for most careers in the field of contract management. The role of today's contract manager will continue to expand with the additional impact of technology on the exchange of products and services. A certification in contract management will make you highly sought after by business and government organizations for jobs in monitoring and measuring contract performance, ensuring legal compliance and cost-efficiency, shortening contract lifecycles, enhancing procurement decision-making and reducing operational and regulatory risks.