Contract Administration – Online Degrees and Courses
Browse our directory of contract administration programs to find the best one for you.
Online Certificate Programs
Diploma in Acquisition and Contract Management from Strayer University
Strayer University’s programs in acquisition and contract management are designed to provide current and relevant knowledge of contract management principles and policies.
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Undergraduate Certificate in Business Administration – Acquisition and Contract Management from Strayer University
By focusing on professional areas, this program is a convenient and intensive way for busy professionals to remain current and develop new skills. Courses provide exposure to processes and procedures in contracting, electronic business, and developing and running a business.
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Online Associate Degree Programs
AA in Acquisition and Contract Management from Strayer University
Established in 1892, Strayer University offers working adult students a quality education that’s affordable, convenient, and supportive.
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Online Bachelor’s Programs
BBA in Acquisition and Contract Management from Strayer University
This program provides students with the foundational skills and knowledge related to contracts and acquisitions.
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Online Master’s Programs
MBA in Acquisition from Strayer University
This degree program aims to educate students on how to acquire materials and negotiate contracts for business organizations.
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About Contract Administration
The responsibility of contract administrators is to draw up the terms of a contract and its proper execution. For carrying out this responsibility, contract managers have to work with companies while drafting the contracts, inform them of their rights and obligations and help the company maximize its profit. In certain cases, contract managers are also required to work as purchasing managers or specialists for business firms.
A student must receive contract administration training after completing his certificate program in the same field. A trainee must undertake at least 30 to 60 hours of contract administration coursework on the various stages of creating, negotiating and implementing a contract. A thoroughly trained candidate has vast career opportunities with academic institutions, labor unions, private businesses or law firms.
The coursework of an online certificate program in contract management might vary slightly in its content but students learn about business law, acquisitions, various contract management methods and other financial and legal topics. However, students will develop practical skills like contract administration, cost and price analysis, negotiation & modification, contract drafting and interpreting, contractual risks identification and contract stipulations communication.
However, for getting work in high-ranking corporate and government sectors, it is best for a student to obtain an Associate of Arts degree in Contract Management or a bachelor’s degree. For gaining an innate understanding of the complex economy and rapidly changing international laws, a student will have to gain a specialized training, followed by a certification.
Having completed their certification or degree programs, students can pursue a wide range of careers like contract administrator, contract manager, business development manager, sales manager, project manager, purchasing manager and purchasing specialist. The salary of the contract administrators will vary with their positions but in an average, they can earn $72,450 annually.