Masters in Acquisition and Contract Management

Master of Science
Classroom, Online, Off-site
Hampton Roads, Lakehurst, Fort Lee, Orlando, Picatinny, Spaceport, Redstone/Huntsville, National Capital Region, Patuxent, Virtual Site, Northeast, Aberdeen
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.

Admission Requirements

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 Academic Overview section. Individuals who do not meet the stated requirements for regular admission may petition to take graduate courses for credit as a continuing education applicant.

Degree Requirements

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.

Program Prerequisite

(noncredit for this program)

  • MTH 1701 College Algebra
    Credit Hours: 3
    Real-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.
    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.

Required Courses
  • MGT 5000 Financial Accounting
    Credit Hours: 3
    Studies 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 Management
    Credit Hours: 3
    Overviews 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 Management
    Credit Hours: 3
    Covers 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 Disputes
    Credit Hours: 3
    Uses 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 Control
    Credit Hours: 3
    Includes financial and accounting overviews of government acquisition policy and procedures. Requires completion of foundation requirements.
  • MGT 5217 Contract and Subcontract Formulation
    Credit Hours: 3
    Studies 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 Contracts
    Credit Hours: 3
    Explores, 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 Seminar
    Credit Hours: 3
    Advanced 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 Law
    Credit Hours: 3
    Focuses 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
Total Credits Required: 33

*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.