School: School of Business and Law

International Trade and Shipping Management.

Academic year

2022-2023
Taught Language: English

Course Summary

or 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.

Career Prospects

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.

'Department of Maritime Transport and Commerce'

Modules

Required Courses Modules

The student must successfully complete 48 ECTS, from the following list of modules:

No. Code Name ECTS Hours / week
1 ITSM501 INTERNATIONAL TRADE AND SHIPPING MANAGEMENT 8 3
2 ITSM502 INTERNATIONAL MARITIME LAW AND CARRIAGE OF GOODS 8 3
3 ITSM503 LOGISTICS AND SUPPLY CHAIN MANAGEMENT 8 3
4 ITSM505 SHIP MANAGEMENT 8 3
5 ITSM506 RESEARCH METHODS 8 3
6 ITSM507 COMMODITY TRADES 8 3

Concentration Electives Modules

The student must successfully complete 12 ECTS, from the following list of modules:

No. Code Name ECTS Hours / week
1 ITSM512 COMMERCIAL MANAGEMENT OF SHIPS 6 3
2 ITSM513 BANKING AND FINANCE 6 3
3 ITSM514 ECONOMICS OF INTERNATIONAL TRADE AND TRANSPORT 6 3
4 ITSM515 GLOBAL TRADE REGULATIONS AND PRACTICE 6 3
5 ITSM518 COMMODITY TRADING BASICS 6 3
6 ITSM519 OIL AND GAS MANAGEMENT 6 3

Master's Dissertation Modules

The student must successfully complete 30 ECTS, from the following list of modules:

No. Code Name ECTS Hours / week
1 ITSM520 DISSERTATION 30 0

Assessment Method

To successfully complete the program the student must complete a total of 90 ECTS. The required courses amount to 48 ECTS, 12 ECTS are allocated to elective courses, and the remaining 30 ECTS are allocated to the Master thesis.

Following the structure of programs offered in such prestigious institutions as the London School of Economics and Birkbeck College, London University, the program will be operating in the evenings in order to accommodate working students. Each course will be block delivered within a two week period providing a total of 36 contact hours over twelve days plus a mid term and final examination. Three required courses and one elective will be offered during the first and second semesters. The third semester will be taken up with work for the Dissertation.

Module Group ECTS
Required Courses 48
Concentration Electives 12
Master's Dissertation 30
TOTAL 90

How to apply

Application forms can be obtained from the Admissions Office at Frederick University in Nicosia or Limassol. Alternatively, the form can be downloaded by clicking the button below:

Application Form: Click HERE to download (pdf)

As part of the application form you will need to submit the following supporting documents:

  • Full Curriculum Vitae (CV).
  • Official transcripts of all degrees to date (including any not yet completed):  Please ensure that you provide full detailed copies of your transcripts outlining all the modules you have studied and marks achieved.
  • Personal Statement: A short written statement not more than 500 words outlining your suitability to the programme and your reasons for applying. You may highlight your professional and research interests and any relevant work experience.
  • Two academic references or one academic and one professional where is applicable. You can provide us the names and contacts (telephone and email addresses) for your referees and they will be contacted directly by our admission office.
  • Any other supporting documents: copies of certificates of relevant examinations such as language test results, GMAT results, etc.

Application deadline

Frederick University academic year consists of the fall and spring semesters. The calendar is arranged so that students may start classes either during the last week of September or the first week of February. Candidates may submit an application for admission in any of the semesters. Due to the fact that formalities for the issue of an entry visa take at least 6 weeks, candidates are urged to file an application at least 8 weeks prior to the expected date of enrolment. Students are expected to be on campus prior to the beginning of the intended semester/session. In response to arising need, courses could be provided within the summer period.

Entry requirements

Qualification requirements

Academic Requirement:  A good undergraduate degree from a recognised university or an equivalent international qualification or an acceptable professional qualification. Candidates’ specific minimum academic requirements for admittance to the program are:

  • Undergraduate degree with a business orientation    or
  • Undergraduate degree in any other area - not business oriented-, provided the candidate has substantial experience in a managerial post within a business environment     or
  • A professional qualification such as Membership of the Institute of Chartered Shipbrokers, Master Mariner’s or Chief Engineer’s Certificate of Competency.  This will only apply where the candidate has satisfactory business experience        
Additional entry requirements

English language requirements

English Language Requirement:  If you are studying or have completed your entire degree in a non- English speaking university, you must demonstrate satisfactory knowledge of English language.  Suitable qualifications may include:

  • TOEFL, IELTS, GCSE, IGCSE, Cambridge Certificate of Proficiency in English or equivalent)     or
  • High school leaving certificate from a High School where the language of instruction is English    or
  • Α pass (50%) at the English Placement Test of our University.

Fees and funding

Application Fees

FULL PROGRAM TUITION FEES :

DISCOUNTED FEES - €/ECTS FOR FULL TIME STUDY
(60 ECTS)- €
66.00 5940

Additional Fee information

 

Distance Learning students Euro
Application Fee €35 payable once
Semester Registration & Technology Fee €100 per semester

Provider information

Main Contact

7, Y. Frederickou Str.
Pallouriotisa, Nicosia 1036

Contact Person: Ferederick

Phone: +35722394394