Acquisition and Contract Management Masters Degree

Master of Science
Classroom, Online, Off-site
Hampton Roads, Fort Lee, Orlando, Picatinny, Redstone/Huntsville, National Capital Region, Patuxent, Virtual Site, Northeast, Fort Dix, Aberdeen
Major Code: 8403 Degree Awarded: Master of Science
Age Restriction: N Admission Status: graduate, Extended Studies
Delivery Mode/s: online, classroom, off-site Location/s: Aberdeen, Fort Dix, Fort Lee, Hampton Roads, National Capital Region, Northeast, Orlando, Patuxent, Picatinny, Redstone/Huntsville, Virtual Site
Admission Materials: GMAT, GRE recommended

The goal of the Master of Science in Management - Acquisition and Contract Management is to prepare individuals for advanced leadership positions in the private, public and military sectors with specific skills and competencies in management and identified concentration areas.

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 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 of this catalog. 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 Management - 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 with the approval of both the faculty advisor and the program head. Students with undergraduate credits for courses that they believe are equivalent to the program prerequisites should consult with their advisor concerning waiver of those prerequisites.

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 5002 Corporate Finance
    Credit Hours: 3
    Covers concepts and tools of corporate financial management including corporate financial planning, forecasting, budgeting, quantitative techniques and practices. Considers the importance of ethics and the international aspects in financial decision-making.
  • MGT 5011 Management Theory and Thought
    Credit Hours: 3
    Overviews classical and contemporary management philosophies and theories. Focuses on managing enterprises in a rapidly changing global economy. Includes developing strategic vision, planning, organizing, directing and controlling, social responsibility and international management.
  • MGT 5013 Organizational Behavior
    Credit Hours: 3
    Covers the contributions to management theory made by the behavioral sciences. Gives a better understanding of the human being and why he acts as he does. Studies individual and group behavior. Extensively uses current periodicals and case materials.
  • MGT 5020 Applied Management Project
    Credit Hours: 3
    Covers concepts, tools and techniques for evaluation of research proposals and studies. Involves designing, conducting, evaluating and presenting oral and written forms of research. Assignments build on quantitative and qualitative research methods.
    Recommended for the graduating semester. May serve as the capstone for certain majors.
  • MGT 5033 Human Resources Management
    Credit Hours: 3
    Explores issues surrounding the employment of human resources in various organizational settings using lectures/guided discussions and case studies. May include recruitment/selection, job analyses/evaluation, equal employment opportunity, training/development, compensation/benefits, appraisal, labor relations, health and safety, and separation/retirement.
  • MGT 5101 Leadership Theory and Effective Management
    Credit Hours: 3
    Introduces and examines historical development of leadership theory and supporting research. Considers past and contemporary theory in self-analysis by students to define their own leadership styles.
  • MGT 5106 Organizational Communication
    Credit Hours: 3
    Includes basic communication theory and the effects of communication on human behavior and organizational effectiveness. Provides a basic understanding of organizational communication theory. Uses case studies and experiential exercises to improve communications skills.
Electives (3 courses)
Select three courses:
  • MGT 5084 Materiel Acquisition Management
    Credit Hours: 3
    Examines the life cycle process of acquisition of materiel and materiel systems. Examines systems management and its application from acquisition to termination. Studies need requirements, cost and schedule considerations and procurement procedures.
    May serve as the capstone for certain majors.
  • 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 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.
  • MGT 5240 Business and Legal Aspects of Intellectual Property
    Credit Hours: 3
    Examines patents, trademark, copyright and trade secret law.
  • MGT 5270 Special Topics in Contracts Management
    Credit Hours: 3
    Independent study with a faculty member in an area of contract management in greater depth than is normally possible in a regular class. Requires a comprehensive term paper.
    Instructor approval
Total Credits Required: 33

*Serves as the capstone course for this program.