Purchases, Acquisitions, or Contracts Management Degree Job Opportunities

Find Career and Employment Opportunities in Purchases, Acquisitions, or Contracts Management

Purchases, acquisitions, or contract management degrees are designed to help students understand the demands of working in a job in these related areas. Students that complete one of these business-oriented degree programs will be well suited to pursue career paths such as finance officers, purchasing agents, or contract administrators

Purchases, Acquisitions, or Contract Management Degree Programs

Degrees in purchases, acquisitions and contract management are designed to prepare students for work within the business industry. Coursework that is required by students that are pursuing this type of program includes:

  • Business law
  • Business communications
  • Management theory
  • Principles of management
  • Accounting
  • Finance
  • Economics
  • Contract drafting
  • Business math

May students also choose to complete internships in order to put the theories they learn in school into practice. Once they have completed this degree, students will be qualified to find employment as finance officers, purchasing agents, contract administrators, or in similar roles.

Purchasing Agent Job Opportunities for Purchases, Acquisitions, or Contract Management Degree Graduates

Purchasing managers, agents, or directors work with companies or organizations to find and purchase services and goods needed by their employer. They are usually responsible for doing what needs to be done to secure the goods and this involves the negotiation of contracts to find a solution that works for all parties involved. The goods and services most commonly used in this job include:

  • Machinery
  • Raw materials
  • Transportation solutions
  • Office materials

The median annual salary for a purchasing agent in 2009 was $53,150. However, this job is expected to see slow growth within the next few years, making jobs in this area difficult to come by.

Contract Administrator Job Opportunities for Purchases, Acquisitions, or Contract Management Degree Graduates

Individuals that manage contract drafts, negotiations, and creation are known as contract administrators. These contracts are generally used to purchase and sell services and goods, and the individuals that manager them are usually employed by individuals that regularly look for contracts to purchase:

  • Office supplies
  • School materials
  • Raw materials

Contract administrators resolve vendor or contractor grievances and claims against suppliers. They also maintain records of goods ordered and received. Contract administrators may also be employed by large service providers or manufactures where they need to secure contracts that are offered by their employers. According to the U.S. Bureau of Labor Statistics, the job growth for contract administrators is expected to be average in the next few years, but individuals employed in this field can make an average salary of over $60,000 a year.

Finance Officer Job Opportunities for Purchases, Acquisitions, or Contract Management Degree Graduates

Individuals serving as finance officers are responsible for financial operations and budgets within businesses and corporations. They come up with financial planning strategies and management investments, and they also serve a role in overseeing acquisition and merger activities. Financial officers often oversee the flow of cash or financial instruments and evaluate or examine loan applications. They may also approve or reject lines of credit of loans for commercial or residential real estate. Most finance officers have completed at least a bachelor’s degree in economics or finance, but an MBA in finance is also highly desirable, especially one that focuses on contracts, purchasing, or acquisitions. According to the U.S. Bureau of Labor Statistics, the median annual salary for a finance officer in 2009 was $101,190.

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