Shipping Management (4 Years, BA) - LIMASSOL

Year 1

The course aims at developing the student’s communicative skills, fluency and critical thought. It entails reading and listening comprehension practice tests, exploring texts and motivating students to take part in conversations and discussions of various lengths and levels.
The module introduces you to some of the methods and techniques used when analyzing financial and business data for decision-making purposes. Introduction to basic mathematical and statistical methods and models, as well as their software applications for solving business problems and/or in making decisions. Includes such topics as probability and probability distributions and many others.
Examination of the basic managerial functions of planning, organizing, staffing, leading and controlling in the contemporary environment. Principles of Management, provides the student with a conceptual framework for understanding the basic theories of management. Emphasis is placed on the internal and external environment, ethics, planning, goal setting etc.
This introductory module is considered an important ‘opening’ to the maritime world. This course introduces major aspects and concepts of the shipping industry at a European and International level.
This course draws attention to the legal aspects of business. An understanding of the main principles of Commercial law is vital for the success of any organization. Businessmen should be able to avoid actions that could give rise to legal actions and must ensure that business in conducted according to the domestic and international rules and regulations.
An introductory course on Economics. Most of the course can be divided into two broad segments: microeconomics and macroeconomics. This module aims to provide students with an understanding of the basic business economic analysis relevant to the decision-making of business enterprises, and build knowledge on the microeconomic environment in which firms operate.

Year 2

The Maritime Economics module aims at fast-tracking promising young professionals into tomorrow’s leaders in business and government. The module prepares experts with modern economic and management tools for efficient decision-making, providing them at the same time with methods, concepts, and theories to enable them to understand and analyze, in a holistic and multidisciplinary way, the complexities of global maritime supply chains.
This course provides participants with an insight into port management. It will focus on the planning, organizing and use of resources to ensure the highest service levels for port users. Additionally, this course will provide to participants a greater insight into a corporation's experience in change management, operations and administration systems. Emphasis is on planning, organizing and use of resources to ensure high service levels to port users.
Marketing is one of the core business functions. It identifies and measures the magnitude of cus¬tomers’ wants and needs and determines how a business organization should develop its programs to serve these markets in terms of products and services, communication, distribution, price, strategies and poli¬cies. This course provides students with a good knowledge of the basic principles of marketing concepts and its applications.
This module will analyze both dry cargo and tanker chartering which represent the main markets of chartering practice in the shipping industry. The freight market has three distinct segments. In the voyage charter segment, shippers buy transport from the ship owner at a fixed price per ton of cargo. The freight derivatives market makes up the third segment of the freight market in which ship owners and cargo owners use derivatives as a risk management tool against adverse freight rate movements.
This course is designed to provide students with an understanding of human resource management (HRM) functions within organizations, including an appreciation of the roles of both HRM specialists and line managers in designing and implementing effective HRM policies and practices. It aims to give the learner a solid foundation concerning a variety of HR aspects including management of personnel from the recruiting stage to retirement.
It is designed as a course in understanding information systems and the shipping technology that comes with them. The course focuses on advanced concepts of information technology and the role that IT systems play word and environment. Major components of the course include networking, databases and data structures, data communication, and risks of computerization in shipping industry.

Year 3

The primary aim of the module is to introduce the many domains of knowledge that international trade and business students should be aware of. The module will provide a thorough review and analysis of the international trade and business environment and applied this knowledge to practical aspects of doing business in international markets.
This module will provide an introduction to the core principles of shipping law. The obligations that arise from a contract, including the right to sue for loss, will be examined in detail. By completing the course the student will have obtained essential knowledge and understanding of how the shipping industry is regulated through public law means concerning aspects of safety at sea as well as those relating to competition between market players.
‚ÄčThis module will enable students to gain familiarity with aspects like latitude and longitude; ports; weather; time and tides; waterways; geography of trade etc. This topic introduces you to some of the main areas of maritime geography including: Latitude and longitude, Time & tides, Waterways, Ports, Geography of trade and Commodities.
The law of Marine Insurance will provide an in depth investigation of the legal principles underlying the area of Marine insurance. Different insurance policies and principles will be used as a guide of the main idea of this module. Finally, this course covers the important aspects of marine insurance, ranging from terms and conditions to the practical handling of claims and loss prevention.
This course will provide students with the knowledge and the tools necessary to develop, implement, and sustain strategies for managing supply chain issues. The topics include building a strategic framework to analyze supply chains, designing the supply chain network, planning demand and supply, managing inventories, sourcing, transporting, pricing and revenue management, and coordinating a supply chain.
The aim of this module is to assist student to realize how shipping pollution may affect the sea environment. The environmental impact of shipping includes green-house gas emissions, acoustic, and oil pollution.

Year 4

Students during the 4th year of their studies are required to submit a 10.000 words project OR choose the option of 6 months internship in a specific Shipping organization and submit a 5.000 words report outlining the learning outcomes of the internship period.
This course provides students with an introduction to study in the maritime and logistics management fields. Students will gain contemporary business expertise leading to careers in management and administration in the logistics and maritime industries and related areas.
This course is designed to provide students with an understanding of financial statements, costs, revenues and financial performance of shipping companies as well as computing, voyage and annual cash flows. The course will develop an understanding of marine insurance and forecasting, and risk management
All the related customs and ship documentation used for the most common shipping transactions will be evaluated throughout this module. These include transactions like export / import, custom clearance, immigration; loading / unloading cargos ship documentation such as CIF and FOB and Bills of Lading.
This course focuses on identifying and understanding the sources of superior firm performance. It introduces theoretical concepts and frameworks useful for analyzing the external and internal environment of the firm, guiding the formulation and execution of different types of strategies. Strategic issues are examined from the perspective of a chief executive or general manager, focusing on how effective strategies are formulated and develop the necessary resources and capabilities to achieve sustainable competitive advantage.
Ship-broking and Chartering Practice provides a sound knowledge of the law and economics of international ship-broking and chartering in a practical way that enables the principles described to be applied in everyday situations. This course takes into account different chartering practices, cases and standard forms that have surfaced, providing an excellent commentary.

Course Objectives

The BA Shipping Management is for students interested in gaining a comprehensive insight into the world of Shipping Management and the Shipping industry more broadly. By the end of the programme, you will have gained an in-depth understanding of how the Shipping sector works and you will be ready to work in the industry at managerial level. Moreover, the CIM BA Shipping Management will give you a set of transferable skills and tools, which will enable you to adapt quickly and thrive in any environment – including outside Shipping.
 
Given the highly competitive and complex nature of the Shipping industry, it is essential for prospective maritime professionals to have knowledge and expertise that is directly applicable to the real world of shipping management. At CIM, we are proud to be putting emphasis on practice over theory. Our students are quickly exposed to real case studies and have as their lecturers professionals with long and distinguished careers in Shipping. The programme in Shipping Management combines academic knowledge with market practices, preparing students for a prominent career in this challenging industry.

The programme is further designed to equip students with the analytical and strategic skills necessary to tackle the opportunities and challenges faced by the shipping industry. These include teaching them how to use the latest techniques and technologies in the management of shipping operations. 
 
By the end of the programme, you will have attained a systematic and thorough understanding of the maritime industry and its various components. You will be able to analyse and evaluate shipping proposals, financial statements, legislative action, and logistical alternatives. You will be ready, that is, to thrive in Shipping and the changing global business environment.
 
Course Recognition

CIM is delighted to announce that its BA Shipping Management (4 Years), has been reviewed and awarded maximum exemptions (3 out of 7) from ICS:
1. Introduction to Shipping
2. Economics of Sea Transport & International Trade
 

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