Master of Science in Acquisition and Contract Management
Contract specialists are needed to procure goods and services for business operations or for resale to customers. A professional in acquisition and contract management requires a unique blend of business acumen and a mastery of statistical and quantitative analysis.
The Newcastle University Master of Science in Acquisition and Contract Management will help you become a qualified professional in any industry. It will also prepare you with the right knowledge and skills for careers in military or government acquisition and contract management entities, and their contracting partners, to enhance their acquisition business management practices.
Newcastle University offers the Acquisition and Contract Management Master's degree online, providing curriculum that combines complex business and procurement knowledge with an emphasis on business relationships, strategic sourcing (where to purchase, consideration of demand and supply markets), risk management, contract financing, subcontracting plans, choosing suppliers, customer analysis, and contractor responsibility.
All Newcastle University degrees are designed to deliver a transformative student learning experience that is flexible enough to accommodate your personal and work schedule.
Successful completion of the Newcastle University Master of Science in Acquisition and Contract Management will prepare you to work at mid- or advanced-level positions in government, civilian and military settings. You will apply knowledge of the legislation, regulations and methods used in contracting, sources of supply, cost factors and product requirements to consider. In addition, you will learn the following sets of skills:
· Manage, supervise, or develop policies and procedures involving procurement of supplies, services, construction, or research and development; using formal advertising, request for proposal and negotiation
· Evaluate contract price proposals
· Administer or terminate and close out contracts
· Know the legislation, regulations and business methods related to contracts, fiscal law, subcontracting, dispute and claims, fraud, debt, and terminations
· Apply data analysis, critical thinking and problem solving to contract management
· Use time-series data and graphical tools to make forecasting and quality management decisions, as well as use visual and numerical tools to manage time and cost of projects
· Plan and execute project schedules using critical path, PERT, and Gantt charts
· Acquire and manage resources to plan and control the transformation of those resources into goods and services
The curriculum required by the degree can be helpful in preparing to obtain Level II or IIII Acquisition Workforce Improvement Act certification for the contracting career field through Defense Acquisition University.
The Master of Science in Acquisition and Contract Management enables members of the federal acquisition community and its contracting partners to enhance their acquisition managerial practices. Additional emphasis is placed on the understanding of the acquisition processes, as well as statutory and regulatory requirements.
Newcastle University is accredited by The Distance Education and Training Council
Major Requirements (36 credit hours)
(Click a course name below to view course details) Unless noted, all courses are 3 credit hours.
· NUCE50021 Financial Reporting & Analysis (3 Credits)
· NUCE50093 Business Analysis for Decision Making (3 Credits)
The program requires 36 graduate credit hours of coursework. No undergraduate courses will count toward the Master of Science in Acquisition and Contract Management.
· NUCE60006 Project Management (3 Credits)
· NUCE60038 Business Decision for Contracting (3 Credits)
· NUCE60050 Legal Considerations in Contracting (3 Credits)
· NUCE60058 Cost Analysis and Negotiation Techniques (3 Credits)
· NUCE60061 Accounting for Performance Management (3 Credits)
· NUCE60067 Human Capital & Organizational Performance (3 Credits)
· NUCE63000 Operations & Logistics in the Value Chain (3 Credits)
· NUCE60023 Essentials of Supply Chain Management in a Global Environment (3 Credits)
· NUCE60032 Logistics Management (3 Credits)
· NUCE60033 Advanced Law (3 Credits)
· NUCE60024 Conflict and Negotiation (3 Credits)
Students applying for professional license or certification should verify the University’s offerings meet the requirements with the professional organization.
Master Admissions Requirements
When applying for admission for a graduate degree program, you are required to submit an Application for Admission and a non-refundable application fee (this fee is waived for Newcastle University alumni.) However, If you are an International student please see the following specific information: International Student Master Admissions.
You also must meet the following admission requirements:
1. Possess a Bachelor’s or Master’s degree from a regionally accredited college or university, or a U.S. equivalent degree from a nationally or internationally accredited college or university.
2. Have maintained a GPA of 2.5 or better from the most recent 60 credits of coursework earned toward the bachelor’s degree or have maintained a GPA of 3.0 or better in previous graduate level coursework earned toward the graduate degree. Students possessing a Master’s degree from a regionally accredited institution may be accepted without providing undergraduate transcripts, unless undergraduate classes will satisfy graduate requirements.
3. Colleges may require letters of recommendation and essays in certain circumstances.
Admission is considered when you have met all requirements, and the University has received official and verified documents. The Graduate Enrollment Director reviews all completed applications. In special circumstances, the college Dean may recommend a conditional admission if you have not yet been able to complete or fully satisfy all requirements. The Admissions and Standards Committee may interview candidates prior to a final admission decision should additional information be deemed necessary.