For centuries, international shipping has been critical to the development of world trade. The inter-relationships between falling transportation costs, economic growth and globalisation are in continual motion as supply chain networks ceaselessly evolve. These elements: shipping, trading patterns and organization are the fundamentals of the programme while the legal, financial, and managerial aspects of trade and transport form the superstructure.
The course delivers a comprehensive integrated overview of the core subjects essential to a thorough understanding of international trade and transport. Specifically, the course aims to develop the generic business skills required by managers working in the area of international trade and maritime business; develop critical analytical skills and apply them to the challenges they continually meet.
The interdisciplinary nature of the programme prepares students as future professionals who can function effectively in the complex business environment of the global marketplace. The diversity of supporting activities within the highly dynamic trade and maritime industry and its various sectors, consisting of many hundreds of large, medium and small firms, makes this choice possible. Graduates of this programme will have a variety of career options, including import and export business, ship management, commercial management, insurance, freight forwarding, transportation and logistics, port agency, trade and ship finance, maritime regulation as well as a variety of other administrative posts in the private and public sectors.
The specific objectives of the MSc in International Trade and Shipping Management are that the students:
- have the intellectual skills necessary to contribute to developing strategies for the direction of international transport and trade;
- become familiar with the main theories and practices of international shipping, transport and trade;
- can describe and critically analyse the structures and institutions of managing and organizing sea transport;
- examine the financial risks and opportunities of the trade and transport business environment;
- be able to grasp the import of the legal, economic and regulatory institutions and practices of trade and transport.
The language of instruction is English.
Key Learning Outcomes
Upon successful completion of this program, the students should be able:
- To demonstrate a comprehensive knowledge and understanding of the structures, processes and institutional practices of trade and shipping in the global marketplace.
- To act as fully developed professionals who are capable of developing, implementing, and promoting activities relevant to international trade and shipping management, as well as the interaction of these with the world economic and financial systems.
- To demonstrate the appropriate knowledge and research background and tools should they wish to proceed to a research degree (MPhil, PhD etc.)
- To establish collaborative networks with other universities for the promotion of research and academic dialogue through student and academic staff exchange programmes, as a means of acquiring experience, achieving effective exploitation of research results, good practice examples and innovation.
- To strengthen the communication and information exchange channels among working groups, universities and other centres who study trade and transportation issues, locally, peripherally, and globally.
Occupational Profiles of the Graduates
Graduates are expected to be in a position to assume executive and managerial responsibilities. Graduates already in employment are expected to enhance their career prospects and be prepared to face the challenges of a more demanding position within import and export business, ship management, underwriting, freight forwarding, port agency, ship broking, trade and ship finance, as well as a variety of other administrative posts in the private and public sectors.