BA
Shipping
Management
with an optional concentration in Maritime Logistics
(4 Years)
Course Objectives
Shipping has been critical to the development of world trade for centuries. In the late twentieth century, falling transportation costs, worldwide economic growth, new economies and globalisation rendered Shipping a huge industry globally. In Cyprus in particular, Shipping has been – and continues to be – a thriving sector. Shipping, both as an industry and a service, global trading patterns and Shipping organisation, regulation, and prospects are the fundamentals of CIM’s BA Shipping Management with an optional concentration in Logistics, an area in which CIM has been excelling for years .
Our BA Shipping management with an optional concentration in Logistics course offers a comprehensive and integrated overview of the core subjects essential to a thorough understanding of Shipping Management. More specifically, it aims to develop the business skills required by professionals working in the area of maritime business; to foster critical analytical skills; and to show students how to apply the skills they gain to the challenges that modern maritime professionals will meet. The interdisciplinary nature of the programme (cutting across Shipping, Management, Law, Logistics and Economics) prepares students to be future professionals who can function effectively in the complex business environment of the global marketplace. The structure of the curriculum progressively introduces students to various aspects of shipping management and the shipping industry. Year 1 courses provide foundations in various disciplines in the fields of trade and shipping and map out their significance in operations and decision-making. Year 2 courses pay added emphasis to the use of trade and shipping parameters in decision-making and in evaluating the effectiveness of policies and procedures. Year 3 and 4 courses urge students to reflect on integrated situations, with a view to assessing and predicting courses of action that they might take as shipping managers, in order to maximise efficiency and effectiveness. The Graduate Project/Internship course at Year 4 provides an opportunity to apply learning from all courses into a real-work-place environment.
The programme aims to prepare students as critical, independent, thinkers, ethically sensitive and socially responsible, who will excel in their chosen careers in the shipping sector and in other related areas.
Recognition
The CIM BA Shipping Management (4 Years) has been reviewed and 2 out of 7 exemptions by the Institute of Chartered Shipbrokers (ICS):
1. Introduction to Shipping
2. Economics of Sea Transport & International Trade
The CIM BA Shipping Management is the only one of its kind to be offered in Cyprus and enjoys world-wide recognition. Apart from recognition by ICS (UK), the CIM BA Shipping Management has been accredited by the Cyprus Quality Assurance Agency and is thus recognised by KYSATS. Cypriot students are eligible to apply for state subsidy up to €3420
Commencement
Admission Requirements
- Recognised Secondary School Leaving Certificate 14/20 or higher
- English competency i.e. IELTS 5.5 or equivalent
Duration
4 years
Accreditation
Accredited by the Cyprus Quality Assurance Agency and recognised by KYSATS. Accredited by the Institute of Chartered Shipbrokers (ICS)
Year 1
1. Business Communication & Skills for Success
2. Business Mathematics & Statistics
3. Introduction to Financial Accounting
4. Introduction to Shipping
5. Shipping Business
6. Business Information Systems
Year 2
1. Maritime Economics
2. Port Management & Operations
3. Principles of Marketing & Management
4. International Trade & Finance
5. Human Resource Management
6. Business Law
Year 3
Compulsory:
1. Shipping Law
2. Marine Insurance
3. Strategic Management
Optional (Choose 3 – For Maritime Logistics the specific related modules must be selected):
4. Business Entrepreneurship & Innovation
5. Chartering & Shipbroking
6. Operations Management & Logistics
7. Maritime Logistics
8. Liner Shipping
9. Shipping and the Environment
Year 4
Compulsory:
1. Graduate Project
2. Supply Chain Management
3. Shipping Finance
Optional (Choose 3 – For Maritime Logistics the specific related modules must be selected):
4. International Maritime Conventions
5. Business Ethics
6. Global Logistics
7. Managing Maritime Safety
8. E-Logistics & Systems Management
9. Green Logistics & Sustainability
Module Aims
Year 1
A basic language and communication skills course, designed specifically for students for whom English is their second language. It aims to improve students’ written and verbal communication skills; develop their oral presentation skills; introduce them to business vocabulary and etiquette; and generally, give them the confidence to conduct business in English. It incorporates reading and listening comprehension practice tests, reading texts for understanding, and features exercises that have students practise conversations and discussions in English of various lengths and levels. The course also teaches students the fundamentals about business correspondence – letters, e-mails, and social media.
This introductory course is considered an important ‘opening’ to the maritime world. It builds an understanding of the shipping industry and explains the role of shipping and its functions. At the same time, it introduces major aspects and concepts of the industry and overviews fundamental themes and concepts that will be covered later on in the course. The course gives an overview of the shipping industry including its role, services, organisation and the main issues it faces. The main characteristics of the industry are also highlighted.
This module focuses on how business entities are structured, how they work, how they communicate and how they handle the legal and ethical constraints imposed upon them. The module examines the ships themselves and the disciplines of chartering, ship management, port agency and liner trades.
The purpose of this course is to provide students with knowledge and skills required to utilise information systems effectively in an organisational context. The course introduces students to the application and management of information systems in an organisational environment. It adopts a management perspective to appreciate the identification, analysis, development, organisation and impact of appropriate Information Systems. Foundations of intra- and inter-organisational systems are examined along with their economic, social and organisational impacts. Finally, the course also aims to provide an overview of aquatic transportation, equipment and machinery used in marine technology.
Year 2
The aim of this course is to provide an understanding of the structure of the shipping industry, including the business entities, sectors and organisations, as well of the economic principles and policies related to the effective management of shipping companies operating within the global competitive environment. The course unit covers, amongst others, the major economic components of maritime transport, the factors related to supply and demand fluctuations in shipping markets and the relevant decision-making processes required and made by shipping agents. Furthermore, the course elaborates on the international maritime markets and their determinants, cost calculation methodologies in naval transports, and the importance of the upcoming structural changes in the industry.
The main objective of this course is to familiarise students with the essential elements of ports, covering their role and function, administration, management, economics and operation. Moreover, the course will refer students to ports’ historic development, to demonstrate their many functions and facets. The module discusses considerations regarding ports’ location, infrastructure, cargo handling and storage, and importantly their ownership structure and strategies and finance. The module also examines current and future trends in port management and operation.
This course provides students with a good knowledge of the basic precepts of marketing and management. The major decisions facing marketing executives and top management are considered. The course also covers the major functions of management, in particular planning, organizing, staffing, leading and controlling in the contemporary environment through a variety of theories and models for an effective managerial decision-making.
This course provides students with an understanding of the principles and practices of international trade payments and finance. This includes international trade theory; culture influences on international business decisions; explores how all functional business areas (operations, marketing, management, accounting, finance, human resources and law) change in international setting thus developing a strategic framework for analysing international business decisions. Students will have the opportunity to gain an understanding of the international legal and regulatory framework within which international trade has to be conducted, and there is significant emphasis on the practical and operational nature of this subject area.
The course provides a broad introduction to principles, policies and best practices of managing personnel at all levels of employment. It puts emphasis on real case situation and practical application of these practices. It gives learners a solid foundation concerning a variety of HR aspects, from the recruiting stage to retirement.
This course provides students with an understanding of the legal framework within which business decisions take place and is designed to introduce students to Business Law. The course provides an understanding of the legal framework within which business decisions take place. It draws attention to the legal aspects of business and aims to develop an understanding of the main principles of contract and company law vital for the success of any organisation.
Year 3
This module is concerned with the problems of the General Manager and with resolving strategic issues. This course aims to combine the functional analysis of other subjects in order to take a holistic approach to management decision-making. It also helps students understand and communicate with general managers and to provide the initial background for those who themselves intend to have a general management career. The course covers major areas of public controversy and academic interest as far as it affects current business practice.
The course introduces students to general principles of maritime law and carriage of goods by sea law. It provides students with the tools necessary for interpretation, critical analysis and practical application of the clauses commonly used in the London Market in Hull, Cargo, Liability and offshore Energy insurance contracts. The course requires a systematic and methodical approach to cover the material and get familiar with case studies. The aim is to offer an understanding of the various legal concepts, analyse case law, interpret the statute and international conventions and apply the relevant principles involved to commercial situations.
The course provides an in-depth investigation of the legal principles underlying the area of Marine insurance. Different insurance policies and principles are used as a guide while the course also covers the important aspects of marine insurance: from terms and conditions to the practical handling of claims and loss prevention.
This module involves the application of patterns of behavior to enhance abilities, knowledge and decision making. The module is designed to integrate the two concepts in a way that students see them as a symbiotic relationship rather than isolated and independent activities. The module builds an appreciation of the need for an entrepreneurial mindset across different contexts including commercial enterprises, family-owned businesses, social enterprises and public social partnerships operating at national and international levels. The practical application of responsible management and an ethical dimension to entrepreneurial and innovative activities play a key role in the discussion and debates that are a key feature of the module. Entrepreneurship is inextricably linked to innovation. This module incorporates innovation into the process of entrepreneurship by demonstrating innovation in all its manifestations and characteristics. Thus, innovation includes novelty, new insights into product development, new services, processes and systems that contribute to achieving competitive advantage or other strategic aims of organisations.
This course introduces students to topics examined in detail in subsequent courses (in later years) and therefore serves as an important introduction to chartering and shipbroking. The scope of this course is quite broad but it specifically provides a foundation for achieving the learning outcomes below.
The course aims at outlining the contribution of logistics and operations management to corporate competitiveness. Students will learn how and why the design of the product itself and of its production and distribution process can drive such performances as quality, speed, flexibility, and cost-effectiveness. They will be instructed on how to carry out an assessment of processes’ current performance and to identify improvement priorities. Lastly, the course will address the most relevant best practices suitable for achieving improvement targets.
Maritime Logistics The module focuses on the current developments and practices in logistics and supply chain management within the global maritime industry (i.e., shipping and ports). It aims to: · Provide an understanding of the challenges involved in the management of systems for the transportation of goods by sea as well as the optimization of maritime transportation and distribution systems. · Stress and enable students to interrogate the importance of the maritime industry within global logistics and supply chain and the impact of current business patterns in logistics and supply chain within the maritime sector. · Offer students the tools to understand and be able to assess the strategic approach of shipping companies in the globalised marketplace as well as the logistics-related challenges faced by global port operators. |
The module aims to introduce the students to the workings of the Liner Shipping Industry and prepare them to become strong entry level employees in any Liner Shipping functionality or be a proficient user of international cargo transportation services.
The aim of this course is to investigate the various ways in which shipping pollution may affect the environment. It focuses on the interaction between shipping and the natural environment and on how shipping can become more sustainable. Students become familiar with possible paths to improve environmental performance and, in the long term, to a sustainable shipping sector, based on an understanding of the sources and mechanisms of common impacts. Students also gain knowledge on emissions and discharges from ships, prevention measures, environmental regulations, and methods and tools for environmental assessment.
Year 4
Graduate Project During the 4th year of their studies, students are required to either submit a 10.000-word project OR choose the option of a 6-month internship at a specific shipping organisation and submit a 5.000-word report outlining the learning outcomes of the internship period. The project/internship is equivalent to one course’s worth of credits (10 ECTS). It enables students to display their ability to integrate what they have learned into a piece of work showing that they can apply what they have learned in a real-world situation. It also provides opportunities to incorporate learning from all courses into the investigation of a real work place problem or opportunity. During the course of the year, the mentor will monitor the student’s progress. Evaluations of progress will be produced twice during the year and submitted to the Programme Coordinator, with a copy given to the student. Seminars are provided throughout the semester in order to offer students academic support during their project/internship. Students are allocated a mentor based on their subject of interest. Following the seminars, students are expected to work with their mentor in preparing their project for submission. The topic of 10.000-word project is decided by students and should focus on an area in shipping of their interest. Students are encouraged to begin thinking about the area of concentration early on. This is why in December students are allocated a tutor to assist them with the preparation and guidance of their project. The structure of the project resembles a dissertation; however, it is not technically a research-based piece of work. It is more a practical project, such as implementing techniques/models in a selected scenario. Potential topics may be generated by the academic staff or the student may submit his/her own to the Programme Coordinator. The Programme Coordinator will then approve the topic and assign a mentor to the student to guide him/her through the project. A presentation and final report will be due at the end of the academic year. The report will include an introduction, purpose of the report, objectives, subject overview, methodology, evaluation of results and a conclusion. The final mark will be based on an assessment of the quality of the analysis, methodology, results and ideas, the student’s knowledge displayed through the work and the organisation and structure of the presentation and final report. Alternatively, students will also have the opportunity of participating in a six-month internship programme from a list of shipping organisations that our Institute collaborates with. Upon completion of the internship programme, students are required to submit a 5000-word report on the learning outcomes of their experience. A list of specific shipping companies and their departments which are willing to accept CIM students for an internship is provided to students for selection. At the same time, the employer will need to fill in a structured report commenting on the students’ tenure. The 10.000-word project and the 5.000-word internship report are marked by an internal examiner and moderated by an external examiner. Student may be required to support their work in front of an examining panel. Students will develop skills of planning, analysis, critical evaluation and time management. |
This course is designed to provide theoretical and practical knowledge and skills in various aspects of logistics and supply chain management. The course aims to enable students to creatively analyse how the concepts of the course can be applied to supply chains in the shipping industry.
The module focuses on traditional and alternative sources of finance available to shipping companies, covering both theory and practical examples on the topic. The course provides an overview of relevant topics such as, asset-backed finance, shipbuilding credit, debt financing in private and public markets, structured finance, and bank lending. Instruments covered include, among others, bonds, stocks, structured products, and preferred equity issues. In addition, the course covers topics related to investment appraisal and budgeting, as well as financial analysis and modelling of ship investment.
The module examines the most important international maritime conventions that are in force. In particular, the conventions covered deal with the carriage of goods and passengers by sea and the protection of the marine environment. In addition, the institutional framework and the stakeholders involved in shipping are discussed.
The module engages with ethical theory in a business context. It examines influential ideas and philosophies of ethical behaviour, current developments and governance issues, and the growth of codes and agreements guiding corporate social responsibility. The module seeks to examine current debates on the nature of the enterprise and its role and impact on society. The implications of creating and sustaining an ethical approach to entrepreneurial activities are identified and examined, and approaches to the management of business ethics appraised. Different ethical theories are used to undertake this analysis.
The module provides a thorough understanding of contemporary maritime safety and its management. It provides varying viewpoints on traditional safety topics in conjunction with critical discussions of the international safety management code and its application. The module also offers new perspectives on maritime safety such as ship and equipment design for safety and the relevance of safety management systems, in particular the application of the ISM code to remote controlled or autonomous ships.
This module applies key concepts of logistics to provide you with an understanding of the strategic and operational roles of logistics in the global business environment. Emphasis is placed on global and pan-European systems for materials sourcing and product distribution, to enable you to learn how businesses configure their supply chains to compete in today’s major trading blocs. Early topics identify key issues in global logistics and contrast international and domestic logistics systems. This module will give students a comprehensive understanding of concept, tools and techniques involved in international logistics management.
The module provides the latest and most comprehensive coverage on digitalization in logistics and supply chain. This module aims to introduce students to all transport modes and the role of ICT in supporting an integrated freight and supply chain network. Moreover, to examine in depth support systems for B2C and B2B e-commerce and e-fulfilment, warehouse management, RFID, electronic marketplaces, global supply network visibility and service chain automation. Industry case studies are used to support the discussion.
The module provides an insight on the environmental impacts of logistics and the actions that companies and governments can take to deal with them. It introduces contributors and international case studies that illustrate the impact of green logistics in practice. It also covers the links between green logistics and corporate social responsibility and a series of postscripts examining the effects of new developments, such as 3D printing, distribution by drone, the physical internet and the concept of peak freight.
Assessment
The weighting of results is as follows:
The pass mark is 40%
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