Shipping and port management falls in the department of logistics, wherein the person in charge ensures that the goods are delivered and received with minimum hassles. In addition, the running of the entire port and the ships that depend on it also falls under this department. So, you can see that a degree in shipping and port management will enable the candidate to work both in the sea and the land. It will be his or her responsibility as soon as the ship downs her anchor. And with the bulk of trade going the sea route the demand for efficient and skillful managers with knowledge of shipping and port is on an all time high. Those who wish challenge and thrill every day of their work life should definitely go for this course, and they won’t be disappointed either. Given below are more information for students who wish to pursue a course in shipping and port management.
Courses In Shipping And Port Management
Eligibility
The eligibility criterion for admission in MBA in shipping and port management course is a bachelor’s degree in either engineering or technology. However, some institutes also offer an MBA in which the eligibility criterion is a bachelor’s degree from any stream. Some institutes also offer a B. Sc in this field. For this, the student must first clear the 10+2 or an equivalent examination with science subjects from any recognized board with the minimum percentage of marks specified by the institute. Mariners can also go for this course provided they meet the criteria of a minimum duration of study-cum-training of six years after the 10+2. They should possess the Master Foreign Going Certificate of Competency and First Class Motor or Steam or Combined (Chief Engineer) Certificate of Competency.
Details Of The Course Curriculum
This course will provide the students with the skills and knowledge to work in functional areas of port and shipping sectors. The students will be trained and prepared to undertake employment oriented projects. It will also give an all round information on various aspects like port management, maritime law and insurance, maritime economics, international logistics and multimodal transportation. In addition the course will deal with the following:
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Principles and Practice of Management
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Managerial Economics
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Financial Accounting
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Port and Terminal Management-I
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International Trade and Commerce
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Quantitative Techniques for Business
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Management Accounting
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Economics of Sea Transport
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Human Resource Management
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Legal Aspects of Shipping
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Port Economics
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Port and Terminal Management-II
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Research Methodology
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Strategic Cost Management
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Strategic Management
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Logistics and Supply Chain Management
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Port Pricing and Finance
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Port Marketing and Services
Specialization
Specialization courses in shipping and port management can be pursued by shipping managers and also those at the executive level in shipping companies. The specialization gives a thorough understanding of the different aspects of shipping and port management. It will also give knowledge of the technical and commercial aspects along with the principles and practices of maritime management.
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Quantitative Methods and Market Analysis - application of quantitative techniques and models to solve complex logistics and shipping transport problems.
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Maritime Logistics - the position of shipping and ports in the logistics and supply chain. Study also involves the development of modern logistics.
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Financial Management - to develop the ability and also introduce the basic principles of financial analysis and accounting in the maritime sector.
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Port Management - principle and evolution of ports in maritime transport and the role of ports in the economy.
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Shipping Management - ship management and types of ship management structures.
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Maritime and Commercial Law - marine insurance and international trade law.
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Ship Chartering and Sales & Purchase - ship acquisition, chartering, the role of brokers and the processes and practices of chartering negotiations.
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Maritime Safety and Environment - deals with the safety and security regarding the environment and its effect on ports and shipping operations.
Skills Required
The candidate should possess certain skills like excellent verbal and written communication skills. He or she should also have the ability for comprehensive decision making. Apart from that, being a team facilitator with an willingness to learn and cultural adaptability are an added bonus.
Career Prospects
A MBA in shipping and port management opens up a wide range of career options for the students. The candidates can seek employment in both government and private sector. They can be posted in managerial positions in shipping companies, agency houses, export/import houses, clearing and forwarding firms and also in major ports. They can also seek employment as logistics and port managers. Since a majority of the products and goods traffic is carried through the sea, the scope of MBA’s in shipping and port management has become more competitive, because large industries depend on them for the smooth and in-time movement of high volume goods.
Some Of The Best Institutes Offering This Course Globally
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Indian Institute of Technology, India
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National Institute of Port Management, India
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Indian Institute of Logistics, India
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Coimbatore Marine College (CMC), India
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Liverpool John Moores University, UK
