Master of Business Administration (MBA) with Shipping

(14 Months FT/24 Months PT)

What is an MBA?

The MBA programme was developed originally in the United States and was introduced in the UK soon afterwards. It continues to expand rapidly both in Europe and in the rest of the world. With the relentless internationalisation of the world economy, an increasing number of companies and organisations require top managers to have an MBA degree. The degree covers not only business administration subjects but a variety of other fi elds, all of which are of vital importance to managers in business and the public sector.

Why the CIM MBA with Shipping?

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 organisation – 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 Business Administration and Shipping Management. Specifi cally, the course aims to develop the generic business skills required by managers working in the maritime business; to 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 fi rms, makes this choice possible.

Course Objectives

The specific objectives of the MBA with specialisation in Shipping, are for students to:

  1. Develop and improve the intellectual skills necessary to contribute to developing strategies for the direction of international transport and trade;
  2. Become familiar with the main theories and practices of international shipping, transport and trade;
  3. Learn to describe and critically analyse the structures and institutions of managing and organizing sea transport;
  4. Be able to grasp the importance of the economic and regulatory institutions and practices of trade and transport.

Recognition

The CIM MBA Shipping is the fi rst MBA of its kind to be offered in Cyprus and enjoys world-wide recognition. Apart from recognition by the Institute of Chartered Shipbrokers (UK), the CIM MBA Shipping has been accredited by the Cyprus Quality Assurance Agency and isrecognised by KYSATS. Cypriot students are eligible to apply for Government subsidy up to €3420.

Outcomes

Upon successful completion of this programme, 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 fi nancial systems.
  • To demonstrate appropriate knowledge, research background and tools.
  • To establish collaborative networks with other universities for the promotion of research and academic dialogue through student and academic staff exchange programs, 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.

Commencement

Classes commence in October. The academic year runs from October to May, when the final exams take place. From June onwards, students work on their dissertation, which must be submitted in October.

ECTS

Yearly subjects are worth 12 ECTS, Term subjects are worth 6 ECTS and the Dissertation/Company Research Project Is worth 18 ECTS thus a total of 90 ECTS for the whole programme.

Weekly Hours Taught

The number of weekly taught hours for full-time study is 18 teaching periods per week. The total number of subjects taught in one year are 6. For part-time students, the number of weekly teaching periods is 9. The total number of subjects taught in one year are 3.

Dissertation or Company Research Project

Students have an option between a Dissertation and a Company Research Project. The Dissertation must be of satisfactory standard and must contain original research work. Students may be required to present and defend their work to an examining panel. The 10,000-word dissertation is a major part of the MBA with Shipping and a student not submitting an up-to-standard thesis will not be awarded the degree. The Dissertation must be on a pre-agreed topic (agreed with the student’s tutor) and should have a research bias. Students are expected to begin work on their Dissertation once exams are over in June. They must submit their work by the beginning of November of the same year. Students are allocated a tutor, who assists them in the early stages of research in January. The Institute encourages students to undertake studies that are of a current concern to a real organisation, preferably their own if employed.

The Company Research Project allows students to apply classroom-taught knowledge and analytical research to solve a strategically significant issue that is highly relevant for business. It aims to enable students to demonstrate their ability to identify and solve challenging business problems through the identification of relevant information, the collection and analysis of data and the sharing of information in informative formats and contexts. The objective of the Module is to facilitate the development of a coherent business project that shows detailed knowledge of a topic relevant to Management and Shipping and to use the skills and insights gained during their studies to help solve a clearly defined problem and make a useful contribution to the existing academic and professional knowledgebase.

The Company Research Project is therefore one of the means through which has the opportunity to develop and demonstrate the power of rigorous analysis, critical enquiry, independent judgment and clear expression.

Admission Requirements

- A Recognised Bachelor Degree or equivalent
AND
- 2 years of work experience
AND
- IELTS 6.5 or equivalent

Duration

(14 months FT/24 months PT)

Accreditation

Accredited by the Cyprus Quality Assurance Agency and recognised by KYSATS. Accredited by the Institute of Chartered Shipbrokers (ICS)

Strategic Partners

The Strategic Partners represent companies which are local and global leaders in their respective fields and they shall offer as strategic partners among others:
  • Guest Lecturing
  • Material to students/lecturers
  • Awards for Top-Performing students
  • Internship and Work Opportunities
  • Master Consulting Projects

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