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The School of Business & Technology at Webster University
Webster University
School of Business & Technology
Locations:
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Yazan Almufti
B.S. in Computer Science
Emphasis in Information Management

"Webster University taught me open mindedness through its multicultural environment. "

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Procurement and Acquisitions Management (M.A.)

Program Description:

The curriculum is designed to provide a broad theoretical and applied background in the managerial disciplines required to manage effectively the development, procurement, contracting, and channeling of material, services, and major systems.

Learning Outcomes:

  1. Graduates will explain the important terminology, facts, concepts, principles, analytic techniques, and theories used in the field of procurement and acquisition management.
  2. Graduates will be able to effectively apply important terminology, facts, concepts, principles, analytic techniques, and theories used in the field procurement and acquisitions management when analyzing complex factual situations.
  3. Graduates will be able to effectively integrate (or synthesize) important facts, concepts, principles, and theories in the field procurement and acquisitions management when developing situations to multifaceted procurement and acquisitions management problems in complex factual situations.

Program Curriculum:

The 36 credit hours required for the master of arts (M.A.) or the 48 credit hours required for the master of business administration (M.B.A.) must include the following courses for a major/emphasis in procurement and acquisitions management:

PROC 5000 Procurement and Acquisitions Management
Course Description:

This course is an overview of acquisitions and materials management. Students examine the functional roles of those individuals having responsibility in this area. The course includes discussion of acquisition law, operations management, pricing, negotiations, and logistics.

Core:

PROC 5810 Acquisitions Law
Course Description:

The legal framework for acquisition contracts is examined. Students review the Uniform Commercial Code as it relates to acquisitions and basic contract law.

PROC 5820 Operations Management
Course Description:

Needs assessments are translated into facilities procedures and operating methodologies. The course includes an analysis of inventory, reliability and quality assurance, value analysis/engineering, and site and layout analysis.

PROC 5830 Pricing
Course Description:

The student reviews the competitive and financial environment related to price proposals utilizing the techniques of cost and price analysis, life-cycle costing, return on investment, and cost-benefit analysis.

PROC 5840 Negotiations
Course Description:

The course involves scope, strategies, and objectives related to negotiated acquisitions. The preparation, conduct, and documentation of the negotiation process are included.

PROC 5850 Logistics
Course Description:

The student reviews the area of physical distribution management, including warehouse management and layout, transportation, and customer service.

PROC 6000 Integrated Studies in Procurement and Acquisitions Management
Course Description:

The student is expected to synthesize and integrate the learning experiences acquired in procurement and acquisitions management and to evaluate the research and current topics relative to this major. Techniques used to accomplish these goals may vary. Prerequisite: completion of all other required courses in this major.

In addition, the student chooses elective courses offered in this major and/or from the program curricula of other School of Business and Technology majors.

If the requisite course is waived, the student must choose an elective course from this major or from the program curriculum of another School of Business and Technology major. Students pursuing dual majors who have the requisite course(s) waived will complete only the remaining required courses for the dual majors.

View the Government Contracting Graduate Certificate.

Please Note:

Program requirements may differ based upon the enrollment year. Please speak with an academic advisor for specific requirements.