When individuals like you or I make a purchase, we typically spend a little bit of time researching our options to ensure that we get the right product at a price that seems fair. For large businesses, however, tracking the prices of thousands of different items or services form suppliers can be a lengthy process. Typically, businesses hire a person, or even a team of people, to acquire goods and negotiate contracts for the buying and selling of items and supplies.
If you think that this kind of career could be the right fit for you, then a bachelor’s degree in acquisition & contract management might be perfect. Discover how to apply for this kind of degree, what subjects you can expect to study, what it takes to complete and even what careers you can pursue after graduating.
Applying and Enrolling For Your Degree
Before you can begin studying online and mastering the art of acquisitions and contract management, you will have to apply to a degree program, be accepted and then formally enroll. Generally, the application process involves filling in a form online, submitting proof of your high school diploma and SAT or ACT scores and providing references. However, each school is different, and some colleges that are more competitive might require more from you at the application stage. If you are accepted into the degree program of your choice, then you can enroll online and start taking classes right away.
Typical Subjects in Acquisition and Contract Management
The primary objective of this degree program is to prepare students for successful and lucrative careers in business and manufacturing. In order to do this, the syllabus is a mix of economics and logistics. You will understand business theory, but you will also get a realistic view of day to day operations with big firms. Typical courses you can expect to find on your syllabus might include contract writing, supply chain management, logistics, price analysis, accounting, procurement law and business communication.
What it Takes to Earn Your Degree Online
If you choose to earn an associate degree, the 60 credits will take roughly two years to complete, and a full bachelor’s degree will take an average of four years to complete. During that time, however, you can easily complete your work from the comfort of home. Lectures can be watched live over the Internet or at a later date according to your schedule, and even exams are only arranged for times when you are free.
Careers Available for Graduates in This Field
One of the most popular areas of work for graduates in this field is government contracts. You might find work with a government agency, or you might work directly for companies that bid for government contracts. Either way, you might enjoy a job title like that of cost estimator, contract negotiator, purchasing manager or contract administrator.
In the world of business, acquisition and contract management is an important area.