Purchasing, Procurement, Acquisitions, and Contracts Management Degree from University of Alabama in Huntsville Return on Investment
See what the return on investment is for jobs that someone with a Purchasing, Procurement, Acquisitions, and Contracts Management degree from University of Alabama in Huntsville is likely to work in.
Top job projections for graduates in purchasing, procurement, acquisitions, and contracts management from university of alabama in huntsville
Purchasing managers
Projection Rating: A-
Median Annual Wage: $136,380
Percentage of Paycheck to Repay: 6.50%-4.84%
Employment Change: 4.1%
Entry-Level Education: Bachelor's degree
Procurement clerks
Projection Rating: B-
Median Annual Wage: $46,670
Percentage of Paycheck to Repay: 19.01%-14.14%
Employment Change: -4.2%
Entry-Level Education: High school diploma or equivalent
Logisticians
Projection Rating: B+
Median Annual Wage: $79,400
Percentage of Paycheck to Repay: 11.17%-8.31%
Employment Change: 45.8%
Entry-Level Education: Bachelor's degree
The Purchasing, Procurement, Acquisitions, and Contracts Management Degree from the University of Alabama in Huntsville (UAH) offers a robust foundation for students looking to excel in the dynamic field of supply chain management. This program is designed to equip graduates with the essential skills and knowledge needed to navigate the complexities of procurement and contract management in today’s competitive marketplace.
One of the most compelling aspects of pursuing this degree is its return on investment (ROI). Graduates from UAH are not only prepared to meet industry demands but also enjoy lucrative career opportunities. According to recent statistics, individuals with expertise in purchasing and procurement can earn a significantly higher salary compared to their peers in unrelated fields. With the average salary for procurement professionals reaching upwards of $70,000 annually, the financial benefits of this degree are clear.
Furthermore, the program's focus on practical applications and real-world scenarios ensures that students are career-ready upon graduation. UAH's strong partnerships with local and national businesses facilitate internships and job placements, enhancing employability and providing invaluable networking opportunities. The university's commitment to student success and career advancement is reflected in its high job placement rates.
Investing in a Purchasing, Procurement, Acquisitions, and Contracts Management Degree from UAH not only opens doors to various career paths, including procurement manager, contract administrator, and supply chain analyst, but also positions graduates for long-term professional growth. With the increasing importance of strategic sourcing and effective contract management in organizations, the demand for qualified professionals in this field is expected to continue rising.
In conclusion, the degree from the University of Alabama in Huntsville is more than just an academic credential; it is a strategic investment in your future. With a strong ROI, excellent career prospects, and a supportive learning environment, UAH is the ideal choice for those looking to thrive in the purchasing and procurement sector.
Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.