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.
Examination Regulations, Assessment and Grading
There are no specific examination regulations, assessment and grading methods employed by this Program. The examination regulations, assessment methods andgrading system for this Program are the same as the relevant general university regulations.
Students are eligible for graduation after successfully completing 90 ECTS credits in the courses listed in the Program Structure.
Furthermore, a student can graduate only if their CGPA is greater or equal to 5.00 out of 10.00. Graduating students with a CGPA less than 5.00 might have to take extra courses or repeat a number of courses in order to improve their grades.
Access to Further Studies
Graduates will also be able if they so wish to proceed to obtain professional or further academic qualifications.
Specific Admission 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
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.
Recognition of Prior Learning
There are no specific arrangements for recognition of prior learning for this Program. Candidates can be granted transfer credits according to the general arrangements for recognition of prior learning of the University.
In addition to tuition fees, additional fees apply in order to support the administrative, library and technological infrastructure costs. All costs are summarized in the following table:
|Fee Type||Fee (Euro)||Notes|
|Tuition Fee (reduced)||
||Tuition fees for the whole program
||Payable only once upon registration to the program|
|Semester Registration fee||
||Payable each semester the student registers|
Course Structure Diagram
|DLITSM501||INTERNATIONAL TRADE AND SHIPPING MANAGEMENT||8|
|DLITSM502||INTERNATIONAL MARITIME LAW AND CARRIAGE OF GOODS||8|
|DLITSM503||LOGISTICS AND SUPPLY CHAIN MANAGEMENT||8|
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.
|No.||Code||Name||ECTS||Hours / week|
|1||DLITSM501||INTERNATIONAL TRADE AND SHIPPING MANAGEMENT||8||3|
|2||DLITSM502||INTERNATIONAL MARITIME LAW AND CARRIAGE OF GOODS||8||3|
|3||DLITSM503||LOGISTICS AND SUPPLY CHAIN MANAGEMENT||8||3|
|No.||Code||Name||ECTS||Hours / week|
|1||DLITSM512||COMMERCIAL MANAGEMENT OF SHIPS||6||3|
|2||DLITSM513||BANKING AND FINANCE||6||3|
|3||DLITSM514||ECONOMICS OF INTERNATIONAL TRADE AND TRANSPORT||6||3|
|3||DLITSM515||GLOBAL TRADE REGULATIONS AND PRACTICE||6||3|
|4||DLITSM516||GLOBAL TRANSPORTATION SYSTEMS AND POLICIES||6||3|
|No.||Code||Name||ECTS||Hours / week|
Prof. Philip Rogers
Prof. Harilaos N. Psaraftis
Prof. David Menachof
Prof. Alec D Coutroubis
Dr. Mervyn Rowlinson
Prof. Tony Lane
Dr Angelos A. Menelaou
Dr Manolis Nikolaidis
Sotiris Jeropoulos, DIC PhD.
Captain Andreas Constantinou, MSc, Master Mariner
Michalis Makrominas, DIC PhD
Dr Elena Ketteni
Dr Paraskevi Plomaritou
Captain Eugen-Henning Adami