Purchasing, Procurement/Acquisitions and Contracts Management

Purchasing, Procurement/Acquisitions and Contracts Management programs prepare individuals to manage and/or administer the processes by which a firm or organization contracts for goods and services to support its operations, as well as contracts it to sell to other firms or organizations. Includes instruction in contract law, negotiations, buying procedures, government contracting, cost and price analysis, vendor relations, contract administration, auditing and inspection, relations with other firm departments, and applications to special areas such as high-technology systems, international purchasing, and construction.

Missouri awards the most Masters degrees in Purchasing, Procurement/Acquisitions and Contracts Management of all US states with 100 degrees being awarded last year. Students interested in Purchasing, Procurement/Acquisitions and Contracts Management can expect approximately 43% percent of their classmates to be women and 57% percent of their classmates to be male. Most students graduating in this field earn a Bachelors degree. The average starting salary for an undergraduate degree in Purchasing, Procurement/Acquisitions and Contracts Management is $39,500.