Principal Contract Administrator Career Path

Are you thinking of becoming a Principal Contract Administrator or already started your career and planning the next step? Learn how to become a Principal Contract Administrator, what skills you need to succeed, how to advance your career and get promoted, and what levels of pay to expect at each step on your career path. Explore new Principal Contract Administrator job openings and options for career transitions into related roles.
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How to Become a contract administrator

If you're considering starting your Contract Administrator career path, it's important to note the skills, qualifications, and time it takes to become a professional Contract Administrator and how to advance your career path. Below are the steps generally required to begin and advance your Contract Administrator career.
Contents

1

Earn a Degree

To begin your Contract Administrator career path, a Bachelor's Degree in Business or a related field is usually necessary in order to remain a competitive option for employers. Focus on industry-specific skill development during your education in order to be properly equipped when applying for entry-level positions and entering the job force. A Contract Administrator internship may be required to earn your Bachelor's Degree and acquire necessary on-the-job skills before entering the workforce.

What skills do you need to be a Contract Administrator?

  • Negotiation
  • Jd MBA
  • Written Communication
  • Security Clearance
  • Proposal Preparation
  • NDAS
  • CPCM
  • Strong VERBAL
Based on resume data from Glassdoor users who reported working as a Contract Administrator in the United States.

2

Choose a Specialty in Your Field

As an Contract Administrator, you may be required to choose a specialty within your field. Determine which part of the Contract Administrator field you feel strongest in, and continue taking active steps toward growing in your chosen Contract Administrator specialty.

3

Get an Entry-Level Position as a Contract Administrator

Once you've acquired a Bachelor's Degree in Business or a related field, you'll typically begin your career as an entry-level Contract Administrator. In general, you can become a Contract Administrator after completing your 4 year Bachelor's Degree in a related discipline. Depending on the type of Contract Administrator role you’re pursuing, you may want to explore certification in certified research administrator.

4

Advance in Your Contract Administrator Career

Following entry-level, there are several Contract Administrator career path levels to advance into. It can take 2 years as an entry-level Contract Administrator to progress to the senior contract administrator position. Each advanced Contract Administrator position requires approximately 2 years of experience at each level to advance in your Contract Administrator career path. It may be necessary to receive additional education, an advanced degree such as a Master's Degree in a related field, or special certifications in order to advance your Contract Administrator career path.

5

Continued Education for Your Contract Administrator Career Path

Not all industries and companies require continued education to advance your Contract Administrator career path. However, earning this degree may help you advance to higher-earning positions more quickly. Earning a Graduate Degree in Business can take 4 years to complete. People that have earned their Graduate Degree typically make $99,923 compared to $41,873 for those without that type of degree.

Seniority Levels

L5

Principal Contract Administrator

8+Years of Experience
$103,045 /yrTotal Pay
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L6

Senior Principal Contract Administrator

8+Years of Experience
$121,102 /yrTotal Pay
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L7

Director of Contract

8+Years of Experience
$120,011 /yrTotal Pay
Learn More

Total Pay Trajectory

Principal Contract Administrator Career Path

$140K
$128K
$115K
$103K
$90K
L5
L7
Seniority Levels

Related Careers in the Business Industry

Interested in other Business careers? Below are occupations that have high affinity with Principal Contract Administrator skills. Discover some of the most common Principal Contract Administrator career transitions, along with skills overlap.