Masters in Acquisition and Contract Management
|Major Code: 8399||Degree Awarded: Master of Science|
|Age Restriction: N||Admission Status: graduate, Extended Studies|
|Delivery Mode/s: online, classroom, off-site||Location/s: Aberdeen, Fort Lee, Hampton Roads, Lakehurst, National Capital, Region, Northeast, Orlando, Patuxent, Picatinny, Redstone/Huntsville, Spaceport, Virtual Site|
|Admission Materials: GMAT, GRE recommended|
The Master of Science in Acquisition and Contract Management is designed for adult working professionals in the public and private sectors of acquisition and contract management. The curriculum provides coverage of federal procurement practices, current issues in contracting and contract administration, legal and financial aspects of government contracting and policy issues associated with acquisition and contract management. Individuals without current experience in acquisition and contract management may be accepted into this program; however, all program prerequisite courses must be fulfilled.
The goal of the program is to prepare individuals for advanced leadership positions in the private, public and military sectors with specific skills and competencies in acquisition and contract administration.
The applicant to the program must have a bachelor's degree; however, the degree need not be in business administration. Students who are graduates from other fields are encouraged to apply. Students with an undergraduate business degree or courses may be able to waive the program prerequisite requirements in the program based on an evaluation of their undergraduate academic transcripts. Prerequisite courses are required of a student whose undergraduate major is outside the business area or who has not previously completed the courses in these prerequisite areas. The exact number of needed prerequisite courses depends on courses completed during the student's undergraduate studies.
The GRE or GMAT may be required for admission evaluation purposes. General admission requirements and the process for applying are discussed in the
The degree of Master of Science in Acquisition and Contract Management is conferred upon students who have successfully completed 33 credit hours of graduate coursework plus other course requirements as listed on the student's approved graduate program plan. Students without adequate undergraduate background will be required to complete all or part of the program prerequisites. Students may choose elective courses from those listed below.
Students with undergraduate credits for courses that they believe are equivalent to the program prerequisites should consult with their advisor concerning waiver of those courses.
(noncredit for this program)
MTH 1701 College AlgebraCredit Hours: 3Real-number system; arithmetic operations with polynomials, special products and factoring; linear, fractional and quadratic equations; inequalities, exponents, radicals and absolute values; functions and graphs; and complex numbers, logarithms, logarithmic and exponential functions. Credit can only be applied toward business, communication, humanities, management, psychology or computer information systems degrees at Florida Tech.Requirement(s):Passing grade on placement exam or prerequisite course
Note: Computer literacy is required as a prerequisite. It can be demonstrated by the applicant's undergraduate coursework, passing a proficiency examination offered by the extended studies department or by completing a suitable computer course.
MGT 5000 Financial AccountingCredit Hours: 3Studies accounting concepts, the accounting model, measurement processes, financial statements, financial analysis, the accounting cycle, monetary and fixed assets, inventory, current and long-term liabilities, and equity structures of partnerships, proprietorships and corporations.
MGT 5211 Procurement and Contract ManagementCredit Hours: 3Overviews in depth the federal acquisition process and introduces the basic concepts, policies and procedures incident to government contracting through the FAR and supplementing directives.
MGT 5212 Advanced Procurement and Contract ManagementCredit Hours: 3Covers principles, policies, concepts and procedures in management of contracts and subcontracts. Includes rules of interpretation, subcontracting terms and conditions, in-depth examination of significant contract clauses, patent/data provisions, risk allocation and assumption, impossibility of performance, product liability, warranties and claims.
MGT 5213 Contract Changes, Terminations and DisputesCredit Hours: 3Uses case studies and lectures to examine in depth the post-award management problems associated with contract administration. Covers contract changes, terminations, disputes and other issues.
MGT 5214 Cost Principles, Effectiveness and ControlCredit Hours: 3Includes financial and accounting overviews of government acquisition policy and procedures. Requires completion of foundation requirements.
MGT 5217 Contract and Subcontract FormulationCredit Hours: 3Studies in depth the pre-award phase of the federal acquisition process. Uses class discussions and case studies to examine the management problems from the perspective of the contracting office, requiring activity, courts, Congress and the contractors.
MGT 5218 Contract Negotiations and Incentive ContractsCredit Hours: 3Explores, analyzes and discusses negotiation concepts and techniques, and places them into practice using mock negotiations. Examines all types of contracts.
MGT 5220 Contract Management Research SeminarCredit Hours: 3Advanced study and research of topical government contract management issues. Involves a significant research paper or challenging capstone project designed to demonstrate mastery over the complete curriculum.
MGT 5231 Government Contract LawCredit Hours: 3Focuses on the method rather than the material. Uses the case method of study and basic source material to cover all facets of procurement law. Emphasizes legal methods, logic and the developmental concepts of procurement law.
- Electives Credit Hours: 6
*Serves as the capstone course for this program.
Note: Electives may be taken with the approval of both the faculty advisor and the program head from other graduate-level offerings in the extended studies department, or other colleges or academic units.