2013–2014 UNIVERSITY CATALOG - Florida Institute of Technology
2013–2014 UNIVERSITY CATALOG - Florida Institute of Technology
2013–2014 UNIVERSITY CATALOG - Florida Institute of Technology
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GRADUATE DEGREE PROGRAMS<br />
Acquisition and Contract Management, M.S. ________<br />
Major Code: 8399 Degree Awarded: Master <strong>of</strong> Science<br />
Age Restriction: N Admission Status: graduate,<br />
Delivery Mode/s: online, classroom, Extended Studies<br />
<strong>of</strong>f-site Location/s: Aberdeen, Fort Lee, Hampton Roads,<br />
Admission Materials: GMAT, National Capital, Region, Northeast, Orlando,<br />
GRE recommended Patuxent, Redstone/Huntsville, Spaceport, Virtual Site<br />
The Master <strong>of</strong> Science in Acquisition and Contract Management is<br />
designed for adult working pr<strong>of</strong>essionals in the public and private<br />
sectors <strong>of</strong> acquisition and contract management. The curriculum<br />
provides coverage <strong>of</strong> federal procurement practices, current issues in<br />
contracting and contract administration, legal and financial aspects <strong>of</strong><br />
government contracting and policy issues associated with acquisition<br />
and contract management. Individuals without current experience<br />
in acquisition and contract management may be accepted into this<br />
program; however, all program prerequisite courses must be fulfilled.<br />
The goal <strong>of</strong> the program is to prepare individuals for advanced leadership<br />
positions in the private, public and military sectors with specific<br />
skills and competencies in acquisition and contract administration.<br />
Admission Requirements<br />
The applicant to the program must have a bachelor’s degree; however,<br />
the degree need not be in business administration. Students who are<br />
graduates from other fields are encouraged to apply. Students with<br />
an undergraduate business degree or courses may be able to waive<br />
the program prerequisite requirements in the program based on an<br />
evaluation <strong>of</strong> their undergraduate academic transcripts. Prerequisite<br />
courses are required <strong>of</strong> a student whose undergraduate major is<br />
outside the business area or who has not previously completed the<br />
courses in these prerequisite areas. The exact number <strong>of</strong> needed prerequisite<br />
courses depends on courses completed during the student’s<br />
undergraduate studies.<br />
The GRE or GMAT may be required for admission evaluation purposes.<br />
General admission requirements and the process for applying<br />
are discussed in the Academic Overview section. Individuals who do<br />
not meet the stated requirements for regular admission may petition<br />
to take graduate courses for credit as a continuing education applicant.<br />
Degree Requirements<br />
The degree <strong>of</strong> Master <strong>of</strong> Science in Acquisition and Contract<br />
Management is conferred upon students who have successfully<br />
completed 33 credit hours <strong>of</strong> graduate coursework plus other course<br />
requirements as listed on the student’s approved graduate program<br />
plan. Students without adequate undergraduate background will be<br />
required to complete all or part <strong>of</strong> the program prerequisites. Students<br />
may choose elective courses from those listed below.<br />
Students with undergraduate credits for courses that they believe<br />
are equivalent to the program prerequisites should consult with their<br />
advisor concerning waiver <strong>of</strong> those courses.<br />
Program Prerequisites (noncredit for this program)<br />
MGT 5000 Financial Accounting (or two undergraduate accounting courses)<br />
MGT 5132 Basic Economics (or two undergraduate economics courses)<br />
Note: In addition, computer literacy is required as a prerequisite. It can be<br />
demonstrated by the applicant’s undergraduate coursework, passing a pr<strong>of</strong>iciency<br />
examination <strong>of</strong>fered by the extended studies department or by completing<br />
a suitable computer course.<br />
86 <strong>Florida</strong> Tech <strong>2013–2014</strong><br />
Required Courses (9 courses)<br />
MGT 5001 Managerial Accounting .......................................................... 3<br />
MGT 5002 Corporate Finance .................................................................. 3<br />
MGT 5013 Organizational Behavior ......................................................... 3<br />
MGT 5211 Procurement and Contract Management ............................... 3<br />
MGT 5213 Contract Changes, Terminations and Disputes ..................... 3<br />
MGT 5214 Cost Principles, Effectiveness and Control ............................ 3<br />
MGT 5217 Contract and Subcontract Formulation .................................. 3<br />
MGT 5218 Contract Negotiations and Incentive Contracts ..................... 3<br />
MGT 5220 Contract Management Research Seminar*............................ 3<br />
Electives (2 courses)<br />
MGT 5017 Program Management ............................................................ 3<br />
MGT 5064 Cost and Economic Analysis .................................................. 3<br />
MGT 5084 Materiel Acquisition Management ................................. 3<br />
MGT 5138 Business Ethics............................................................... 3<br />
MGT 5212 Advanced Procurement and Contract Management ...... 3<br />
MGT 5231 Government Contract Law ............................................. 3<br />
MGT 5240 Business and Legal Aspects <strong>of</strong> Intellectual Property ..... 3<br />
MGT 5270 Special Topics in Contracts Management ...................... 3<br />
TOTAL CREDITS REQUIRED.......................................... 33<br />
*Serves as the capstone course for this program.<br />
Note: Electives may be taken with the approval <strong>of</strong> both the faculty advisor and<br />
the program head from other graduate-level <strong>of</strong>ferings in the extended studies<br />
department, or other colleges or academic units.<br />
Commercial Enterprise in Space, M.S. _____________<br />
Major Code: 8138 Degree Awarded: Master <strong>of</strong> Science<br />
Age Restriction: N Admission Status: graduate,<br />
Delivery Mode/s: online, classroom, Extended Studies<br />
<strong>of</strong>f-site Location/s: Spaceport, Virtual Site<br />
Admission Materials: none<br />
The Master <strong>of</strong> Science in Commercial Enterprise in Space enhances<br />
skills, knowledge and abilities needed by private and public sector<br />
<strong>of</strong>ficials with duties and responsibilities in space technology management,<br />
innovation, national security, international law and treaties,<br />
and human space flight.<br />
The program explores current strategies and private sector and government<br />
responses to exploit space for commercial business enterprise<br />
development through a multidisciplinary approach to rapidly changing<br />
space technologies and commercial opportunities for space exploration<br />
and business investment.<br />
The goal <strong>of</strong> the program is to prepare individuals for operational leadership<br />
within a broad spectrum <strong>of</strong> commercial space technology and<br />
business development positions within the private for-pr<strong>of</strong>it sector,<br />
and nonpr<strong>of</strong>it public and local government sectors. Graduates will<br />
be able to manage innovation in commercial exploration <strong>of</strong> space,<br />
understand and respond to human spaceflight conditions and U.S.<br />
national security interests, and understand and respond to international<br />
law and treaties on space exploration and commercial development.<br />
Admission Requirements<br />
Applicants must have a bachelor’s degree with an acceptable cumulative<br />
GPA from an accredited college. Any recognized undergraduate<br />
degree may be considered including those earned through distance<br />
learning (online). Applicants are preferred to have pr<strong>of</strong>essional work<br />
experience or a developing interest in the areas <strong>of</strong> space technology,<br />
commercial business development, innovation and entrepreneurship<br />
or national security management. General admission requirements<br />
and the process for applying are presented in the Academic Overview<br />
section <strong>of</strong> this catalog. Applicants who do not meet the stated requirements<br />
for regular admission may petition to take graduate courses for<br />
credit as a continuing education applicant.