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Best contract analyst certifications
Contract analyst certifications allow job seekers to demonstrate their competency as an contract analyst to employers. However, not all contract analyst certifications provide the same value for job seekers.
The best certifications for a contract analyst are Certified Professional Contracts Manager (CPCM), Certified Management Accountant (CMA), and Certified Commercial Contracts Manager (CCCM).
Below is a list of the best contract analyst certifications. Obtaining an contract analyst certification will give you a leg up when you apply for jobs and increase your potential salary.
4 best certifications for contract analysts
| Rank | Contract analyst certification | Organization |
|---|---|---|
| 1 | Certified Professional Contracts Manager (CPCM) | NCMA |
| 2 | Certified Management Accountant (CMA) | IMA |
| 3 | Certified Commercial Contracts Manager (CCCM) | NCMA |
| 4 | International Accredited Business Accountant (IABA) | ACAT |
4 best contract analyst certifications
1. Certified Professional Contracts Manager (CPCM)
A certified professional contracts manager (CPCM) shows that you are knowledgeable about all facets of contracts management, both within the government and the commercial arenas.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 5 year(s)
2. Certified Management Accountant (CMA)
The CMA (Certified Management Accountant) is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 1 year(s)
3. Certified Commercial Contracts Manager (CCCM)
A certified commercial contracts manager (CCCM) shows that you are knowledgeable about the practice of contracts management in the commercial environment.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required?
4. International Accredited Business Accountant (IABA)
ACAT seeks to ensure that all accredited individuals possess both the theoretical knowledge and the practical knowledge necessary to be successful practitioners. For that reason, candidates for accreditation must satisfy an experience requirement before becoming fully credentialed: three years of related work experience, up to two of which may be satisfied through college credit. Related work experience includes verifiable experience in accounting, financial services, or other field requiring a practical and theoretical knowledge of the subject matter covered on the ACAT Comprehensive Examination for the International Accredited Business Accountant. Those who pass the exam but who have not met the experience requirement may market themselves as having passed the ACAT Comprehensive Examination for International Accredited Business Accountant, but are not entitled to use the IABA designation.
- More than two years of education or training after high school required? No
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? No
What is the best certification for a contract analyst?
The best contract analyst certification is Certified Professional Contracts Manager (CPCM). The Certified Professional Contracts Manager (CPCM) is awarded by the National Contract Management Association. The advanced certification is for more experienced employees as it often requires some work experience to acquire.
Here's a bit more background on how to obtain this contract analyst certification:
- To become a certified Certified Professional Contracts Manager (CPCM), you need to pass the exam.
- This certificate requires more than two years of work experience.
- Renew certification every 5 year.
What are some of the most in-demand certifications for contract analysts?
The most in-demand contract analyst certification is Certified Professional Contracts Manager based on all active job postings. Having this contract analyst certification will give you access to more contract analyst jobs with higher salaries.
What certifications can impact a contract analyst career and salary?
The Certified Professional Contracts Manager certification will help you to secure a contracts administrator position, which will increase your pay and career trajectory. A contracts administrator's average salary is $54,869 whereas contract analysts make an average salary of $54,544.
The most common combination of contract analyst certifications include: Certified Professional Contracts Manager (CPCM), Certified Management Accountant (CMA), and Certified Commercial Contracts Manager (CCCM).
Online courses for contract analysts to earn certifications
1. American Contract Law II
Course description: Contracts I & II provides a comprehensive overview of contract law in the United States. The course covers most of the key concepts found in a first year law school class. Each lecture is based on one or more common-law cases, integrating legal doctrines with policy discussions. The course also covers key sections from the Uniform Commercial Code (UCC), which governs the sale of goods. By the end of the course, the learner should be able to understand: Formation defenses:...
2. Contracts Management in Construction Projects
Contracts Management, Contract Administration, FIDIC, Bank Guarantees, Contracts, Letter Drafting, Quantity Surveying...
3. Contract Management: Managing Contractual Risks
How to identify and deal with contract risks...
4. Introduction to Contract Management
Understand what is involved in the contract management process and put this knowledge to work with confidence...
5. Learning Business Contracts for Beginners
An Introductory Guide to Drafting Winning Contracts, Negotiating Well, and Getting What You Want...
6. Complete Contract Management Bootcamp: Zero to Hero
Learn essential post-contract management principles and practices, and gain access to over 30 free MS tools...
7. A Practical Approach to FIDIC Contracts
The interactive course is based on the FIDIC Approved Module 1 Workshop and introduces the FIDIC Suite of Contracts...
8. The complete course on the Indian Contract Act, 1872
Law of Contract in India as under Indian Contract Act, 1872...
9. Learn Federal Government Contracting From An Expert
A comprehensive guide to Register, Search Opportunities, GSA, Certifications, Accounting, Marketing& Bidding to the feds...
10. Law of Contracts in 60 Minutes: A Fast Track Course
A 60 minute fast track summary of the Law of Contracts, targeting all common law LL.B examinations!...
11. Wholesale Real Estate Contracts: Flip Houses Risk Free
Download A Full Package Of Strategically Developed Real Estate Contracts And Learn How To Leverage Them In Your Business...
12. Learn Solidity: Programming Language for Smart Contracts
Best Solidity Tutorial Available Online to Build Blockchain Based Decentralized Application DApps on Ethereum Network...
13. Project Management Master Class: Government Projects
Learn How To Win Big By Always Successfully Completing Government Projects Using Ninja Project Management Techniques...
14. Microservices Contract Testing with Pact
This Course explains Why/How to write contract tests for Testing Microservices using Pact Testing tool on Live Projects...
15. Blockchain For Finance: Using Blockchain & Smart Contracts
Emerging Blockchain & Smart Contract Applications Are Impacting The Financial Industry Today! Get Smart on Blockchain...
16. Contracts, Delays and Claims with Primavera P6
Learn all about Contracts, Delays & Claims along with practical Delay Analysis using Primavera P6 software...
17. English for Business and Law - Contract Law
An English language course for business and law...
18. Cloud Security Course: Cloud Compliance, Audits,Legal issues
For CCSK and CCSP Aspirants - Cloud Agreements/Contracts, Legal and Compliance Concepts...
19. All Export Documentation & Procedures Any Origin
Unlock the Secrets of Successful Exporting with Comprehensive Documentation, Procedural Expertise, Incoterms, Contract...
20. The Fundamentals of end-to-end Supply Chain Management
Supply Chain Management - Level 1: Introducing all the Key Components of a Supply Chain...