International Trade Management

Singapore University of Social Sciences

International Trade Management (LOG221)

Applications Open: 01 October 2021

Applications Close: 30 November 2021

Next Available Intake: January 2022

Course Types: Modular Undergraduate Course

Language: English

Duration: 6 months

Fees: To be confirmed

Area of Interest: Procurement, International Trade, Management

Schemes: Lifelong Learning Credit (L2C)

Funding: To be confirmed

School/Department: School of Business

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Synopsis

LOG221e International Trade Management explores the scope and nature of international trade, providing students with a good foundation in trade and logistics, with a global focus to help them appreciate the international trade industry. This course covers an overview of the international trade system, introduces the risks and challenges involved, and discusses the policies of the industry. Students will be equipped with a broad-based understanding of international trade practices and learn about the stakeholder’s position in a transaction. The interactive classroom activities will facilitate students’ understanding of the dynamics from the perspective of the buyer and seller.

Level: 2
Credit Units: 5
Presentation Pattern: Every January

Topics

Development and significance of the international trade system
Nature of the international business environment
Governance of trade
Basic rules in international trade
Movement and trade of goods in the international supply chain
International marketing and purchasing
Trade policies and practices
E-commerce in international trade
Barriers to trade
Trade risk and risk management
Cross cultural management and negotiation in trade
Case studies

Learning Outcome

Outline the trends and fundamentals of trade to recognise the value of international trade to the global economy.
Demonstrate the role of global organisations including functions of the International Chamber of Commerce (ICC) and World Trade Organisation (WTO).
Discuss the key stakeholders in international trade as well as the processes and activities involved from sourcing of materials to delivery of goods.
Compare the trade policies and practices in different regions and study how technology impacts international trade to manage technology changes in the industry.
Examine the challenges and risks inherent in international trade and discuss solutions to manage them effectively.
Analyse the factors that result in complexities in trade as well as mitigating measures through negotiation to minimise potential disruptions.
Implement appropriate management plans for different trade portfolios.
Explain the role of different stakeholders in international trade transactions.
Illustrate an effective way of communicating to different parties in a transaction.