All contract manager positions require candidates to have at least a bachelor's degree. There's no degree specifically for contract management, but having a degree in business, pre-law, or human resources may be a good way of preparing for this career path. 2. Get relevant work experience.
How to become a contract manager Get some GCSEs and A-levels. Most of the routes to becoming a contract manager are going to require some GCSEs or A-levels. Complete a university degree. Find an apprenticeship (optional) ... Apply for contract manager work.
While ZipRecruiter is seeing annual salaries as high as $139,000 and as low as $41,000, the majority of Contract Manager salaries currently range between $89,000 (25th percentile) to $119,000 (75th percentile) with top earners (90th percentile) making $125,500 annually across the United States.
Common Qualifications for a Contract Manager: Understanding Contract Law. Risk Management. Financial Analysis. Interpersonal Skills. Persuasion & Negotiation Tactics. Conflict Resolution. Managing Internal Stakeholders. Relationship Management.
How to become a contract manager Earn a bachelor's degree. Most employers require contract managers to have at least a bachelor's degree, preferably in business, economics, finance, law, or a related field. Gain relevant experience. Obtain certification. Networking. Negotiation. Risk management. Financial acumen. Communication.
Contract administration concentrates on the initial setup of contracts, laying the groundwork for clear terms and expectations. Contract management takes a comprehensive approach, overseeing the contract throughout its entire lifecycle, from creation to renewal.
Candidate must have a bachelor's degree from a regionally accredited institution. Non-degreed candidate with at least five years of verifiable contract management experience plus 24 college credits that align with the CMBOK competencies may request a waiver.
Top Contract Management Skills Collaboration. Depth of Business Knowledge. Technology and Innovation. Pulse on Your Agreements. Communication and Project Management. Negotiation. Attention to Detail.
Contract management develops several key business skills. As Arguile points out, “early grounding in contract management exposes entrants to the most important functions of a business and typically produces a very rounded, commercially savvy professional whose skills add value across the business.”
Your contracts manager cover letter must immediately highlight your adeptness in contract negotiation and risk management. Demonstrate with clear examples how your skills have benefited past projects or employers. Be sure to underscore your proficiency in contract law and regulations.