International Trade OperationsLaajuus (5 cr)

Objective

The student
• understands the development and structure of international trade and import and export processes and is able to recognise the obligations, costs and risks of the seller and the buyer
• is able to compare forwarding and logistics services and analyse transport options for shipments based on delivery terms, freight costs, time, transport risks and sustainability
• understands what documentation is needed and how customs fees are determined
• is able to analyse risks of international trade and how to protect against them e.g. by applying more secure payment methods or with sufficient insurance cover.

Content

- Import and export processes
• International transport
• Freight forwarding
• Freight and cargo shipping services and prices
• Risks and liabilities and managing them
• Delivery terms, Incoterms
• Documents related to international trade
• Customs procedures and duties
• Supply chain costs related to import and export
• Methods of international payments (CAD, Letter of Credit)
• Insurances

Qualifications

Supply Chain Management or equivalent basic studies

Assessment criteria, satisfactory (1)

The student
• has achieved the objectives of the course to a satisfactory level
• is able to identify, define and use concepts and models in the subject area of the course
• understands the conditions and principles of the development of expertise.

Assessment criteria, good (3)

The student
• has achieved the objectives of the course well, although there are still areas where knowledge and skills need to be improved
• has a good understanding of the concepts and models of the subject matter of the course and is able to carry out a reasoned analysis
• is able to apply what they have learned in leisure, learning and working life situations
• understands the importance of expertise in business and is able to analyse their own expertise.

Assessment criteria, excellent (5)

The student
• has achieved the objectives of the course with excellent marks
• has an excellent command of the concepts and models of the subject matter of the course
• is able to analyse clearly and reasonably and propose practical development measures
• has a good ability to apply what they have learned in leisure, learning and working life situations
• is able to analyse expertise in business and their own development towards expertise.

Assessment criteria, approved/failed

The student
• has achieved the objectives of the course to a satisfactory level
• is able to identify, define and use concepts and models in the subject area of the course
• understands the conditions and principles of the development of expertise.