The premier distance learning “I warmly recommend this MBA in Shipping & Logistics programme to all maritime specialists MBA for the maritime sector who want to improve their skills, knowledge and understanding of the shipping businesses.” Catalin-Valerica Ancau, AncelorMittal Steel Galati S.A.
Detailed Prospectus
Start date: 24th September 2012 Application deadline: 10th August 2012 Email: [email protected] Visit: www.mba4shipping.com Scan with QR app Tel: +44 (0)20 3377 3209 / +1 (646) 957 8929 Contents Welcome...... 1 Programme Overview...... 2 Why Study this MBA?...... 2 Programme Structure...... 3 Business Transformation Project...... 7 Welcome Merits of this MBA...... 8 Who Studies this MBA?...... 10 Welcome to the MBA in Shipping & Logistics, offered by Lloyd’s Maritime Academy Student Testimonials...... 11 and Middlesex University Business School. Our industry leading programme provides Studying by Distance Learning...... 13 you with the essential personal and professional qualities required to propel your career into the realms of executive management, especially now that proficient and Programme Faculty...... 14 inspiring leaders are needed and valued more than ever. Fee & Commencement Information..... 18 Entry Requirements...... 18 Integrating traditional core MBA competencies such as strategic planning, risk Contact Us...... 19 management and leadership skills with maritime specific content, this exceptional programme will provide a coveted boost to you and your organisations’ profile at a time of continued uncertainty within global markets. Feedback from past students has emphasised the significant value placed on both the flexibility and networking opportunities the programme provides (you can read testimonials on page 11). I’m sure your expectations are no different, and here’s how they will be not only accommodated, but exceeded. We understand that emerging leaders are busy people. Balancing professional, study, family and other commitments can be a struggle, particularly during times of high pressure. Our MBA is delivered solely online via distance learning, offering you the opportunity to learn from wherever you are in the world without having to compromise your current employment status. Establishing networks is also an essential and expected component of such a programme. Removing the geographic restrictions usually associated with study, your dedicated online forums as well as interactive group work provide access to tutors and keep you connected to fellow students around the world whilst completing your studies, and well into the future through alumni events and networks. As you read through this prospectus, it’s important to reflect on what you wish to gain from completing an MBA. If you’re aspiring to reach senior management or hope to gain the necessary skills to progress your career further within this exciting and diverse industry, then this MBA in Shipping & Logistics is the programme for you. For further information on how this programme can assist you to meet your goals, please contact our dedicated and experienced training consultants who are on hand to answer any questions you may have. We look forward to welcoming you to the MBA in Shipping & Logistics.
Gina Taylor Dr Kristian J. Sund Head of Distance Learning Programme Leader Lloyd’s Maritime Academy Middlesex University
Lloyd’s Maritime Academy Middlesex University Business School
Lloyd’s Maritime Academy has been providing Middlesex University Business School is a major training programmes for the maritime and transport international business school based in London with industry for over 30 years. Through distance learning overseas campuses in Dubai, India and Mauritius and courses, face-to-face seminars and bespoke training, a global portfolio of partnerships delivering high quality our programmes enable career enhancement and accredited programmes in business and management. progression regardless of work commitments and location. Staff and our six thousand students come from a wide spectrum of cultures and backgrounds with a common interest in education that is Working with leading academic and industry bodies to provide internationally focussed and relevant to the modern business. Middlesex accredited education and training where it is much needed, Lloyd’s University Business School is proud of its dedicated teachers and its Maritime Academy is the trusted brand for professional development rich range of learning resources including distance learning and virtual within the shipping, ports, transport and logistics sectors. learning environments.
Our commitment to constantly improve content and learner resources Our alumni are represented at the highest levels of organisations in is our commitment to you; enhancing your experience and ensuring business, the arts, healthcare and education. Studying with Middlesex maximum reward for the investment you make in your future. University Business School will give you the opportunity to gain a world class post graduate UK qualification which will equip you for a global We continue to research new topics to provide you with the career at the most senior level. qualifications needed for a successful career. www.mdx.ac.uk www.lloydsmaritimeacademy.com
To see more about the course and the Lloyd’s Maritime Academy & Middlesex University Business School relationship click here.
1 MBA in Shipping & Logistics www.mba4shipping.com Programme Overview
The MBA in Shipping & Logistics Topics covered include; Online delivery means you can study without is offered by Lloyd’s Maritime • Maritime administration having to travel or compromise your employment Academy and Middlesex • Ship finance status. Our unique learning portal provides access University Business School. • Risk management to online written materials, complimented by audio The programme curriculum will • Economics and trade / visual content, group interaction, networking equip both established and future • Maritime law opportunities and a variety of e-learning tools. industry leaders with the skills and • Formulating business strategy knowledge they need to manage • Human resource management The final Business Transformation Project will themselves as well as their • Executive leadership allow you to analyse a current issue affecting your operation successfully. • International marketing company or the industry, using real world data and The programme consists of six • Brand establishment presenting realistic action points. This project is modules delivered over two years. • Logistics and supply chain not only integral to the achievement of programme management outcomes but will prove invaluable to your company • Project mastery or industry sector. • Innovative practice
Why Study this MBA in Shipping & Logistics?
Students have informed us of the reasons why they have chosen this MBA in Shipping & Logistics. Ranging from the requirements of their careers to the flexible delivery approach of the programme, many reiterated the motivations of those mentioned below:
“The MBA distance learning programme gives the “I felt this prestigious MBA would be useful for my opportunity to study without putting my current future career and certainly enriches my skills and career on hold.” abilities.” “An MBA of such reputation would be of a great help “I was in need of some new personal development and a stepping stone towards a career ashore.” and the remote learning and widely international “I hope this MBA programme will provide me with setup did the trick.” the opportunity to gain more knowledge of the commercial aspects of shipping and maybe point “I was looking for such a programme so that I my career in a new direction.” could hone my skills and upgrade my knowledge “The programme is designed with such care that in relation to business and management.” we will cover most of the basic denominators and fascinating items in the maritime industry.” “I hope to gain a broad understanding of the “Having reached the mid-point in my career span I maritime and shipping industry as well as gain new wish to utilise my experience at sea to some good tools that will enhance my business skill set.” use ashore.” “The vast experienced professionals represented by “Having been in Fleet Management for 10 years I Lloyd’s Maritime Academy and Middlesex University.” felt I understood nearly all aspects of our business but this course is giving me an even deeper “The essence is professional development and understanding and adding another dimension to being an invaluable asset to yourself and your my knowledge, I wish I had done this sooner.” organization.”
The MBA in Shipping & Logistics was shortlisted for the prestigious annual Times Higher Education 2011 awards, in the category “Outstanding Employer Engagement”. This distinguished nomination recognises that Lloyd’s Maritime Academy and Middlesex University Business School have devised an innovative collaborative programme that fulfils market and employer needs. Such significant academic acclaim continues to strengthen our belief in providing the leading MBA for the maritime and logistics sectors.
2 MBA in Shipping & Logistics www.mba4shipping.com Programme Structure
The design and content of the Masters of Business Administration in Shipping and Logistics programme provides an integrated balance of management theories with their underlying practical business and maritime industry-specific applications. The MBA is the result of exhaustive research and has been developed in conjunction with maritime and logistics industry leaders, shipping executives, well-regarded academics and the next generation of management.
Syllabus
Induction: September 2012 The MBA begins with a compulsory two week induction providing you with the opportunity to access and familiarise yourself with our state of the art online learning portal and other resources available throughout the programme. There are some compulsory short exercises during this period to allow introductions to the subject, the faculty and fellow peers.
Shipping Business & International Trade: October 2012 (20 credits)
The first module will develop your advanced understanding of the context in which the maritime world operates. It will lay the foundation for the programme and will focus on:
• The economics of the maritime industry, the characteristics of demand and supply and their interaction in the various maritime markets; • The strategic environment of maritime policy and administration; • The key principles of maritime law. The oceans, seas and waterways are still the predominant conduits for international trade.
Syllabus • Development of international trade and maritime economics - The global economy and international trade - Demand and supply of shipping services - The shipping markets - The economic issues for the industry • Maritime policy & administration - Preliminary Issues: Maritime ‘policy’; The key players; - International Maritime Organisation, and the European Safety Agency - International maritime regulation - Social partnerships and international maritime relationships - Maritime administration - Insurance and economic risk - Marine accident investigation and regulation enforcement • Maritime and international trade law - The nature of maritime law - Why English law? - The structure of maritime litigation - The matrix of contracts in international trade - Bills of loading contracts - International carriage regimes - Charter party contracts
“The quality of learning is not the only advantage: the MBA in Shipping and Logistics also introduces you to great shipping professionals from all the most important companies of our industry. This gives you the possibility to build your own network of contacts, friends, connections and mentors essential in today’s business world!”
Marco Baccarini, Mediterranean Shipping Company S.A.
3 MBA in Shipping & Logistics www.mba4shipping.com Programme Structure continued
Syllabus
Business Strategy: January 2013 (30 credits)
This module aims to equip students with a detailed understanding of the key Syllabus developments in, and thinking derived from, the study of strategy. • What is strategy? An appreciation of strategy • Making a start. Purpose, goals and where to start in a messy process The contents of the module will: • External analysis: - PESTEL and future thinking • Explore models and theories of strategy and their application by - Industry lifecycle, competitiveness and profitability practicing managers in today’s world; - Scenario planning • Inform students of the key developments in, and thinking derived from, • Strategic Business Unit Strategy: The market/customer perspective the study of strategy; • Internal audit: Resources and capabilities • Generic competitive strategies and value chain analysis • Critically appraise where and when such models are useful and how to • Organisational culture: utilise them; - Influence on strategy formulation and implementation • Provide fascinating and relevant examples and exercises that illustrate - Managing strategic change these concepts with the intent of building students capability in strategic • Making strategy happen: Measuring performance thinking and practice. • International strategy
Executive Leadership: May 2013 (30 credits)
Focusing upon the critical issue of people and their performance in the particular context of the maritime industry, the module will:
• Illustrate how the processes of contemporary human resource management support organisational performance; • Explore the key elements of the HR cycle resourcing, managing performance, developing and rewarding; • Identify areas of overlap between management and leadership and to investigate competences and behaviours associated with management and leadership; • Develop leadership behaviours that will enable students to manage performance as well as lead change to improve overall organisational performance.
Syllabus • Strategic HR management • Leadership and change - HR strategy and organisational strategy - The change process - Changing role of HR - Obstacles to change - Organisational & international culture and diversity - Politics and influence - The maritime industry context - Managing structural change • The HR cycle and HR planning - Leading change - Recruitment & selection - Relevance to and implications for the maritime industry. - Motivation, performance and performance management • Leadership development (KPIs & Balanced Scorecard) - The ‘war for talent’ - Training & development - The learning process - Reward and the psychological contract - Emotional intelligence - The current and future maritime industry context; ILO, ISM, ISPS etc. - Reflection and the development process • Management and leadership - Coaching and mentoring - Evolution of perspectives on management and leadership - Management/leadership styles - Key areas of difference - Managing teams - Relevance to and implications for the maritime industry, remote and e-leadership
“This MBA is encompassing all that I have learned and will give me a decent qualification which is not easily found in the logistics field.”
Riaan Lottering, Walvis Bay Stevedoring Co. (Pty) Ltd
4 MBA in Shipping & Logistics www.mba4shipping.com Programme Structure continued
Syllabus
Advanced International Marketing: September 2013 (20 credits)
Exploring marketing and communication strategies in the context of shipping/logistics organisations, this module will:
• Equip students with the skills to analyse current marketing strategies and apply appropriate techniques based on insights gained; • Develop students’ ability to identify critical actions that enhance profitability; • Help you create a communications strategy and plan, a marketing strategy and plan, and to outline the business case for such plans.
Syllabus • The local and international marketing environment • Marketing management, strategies and plans • Research, analysis and interpretation • Target markets, segments and customers • Consumer behaviour • Brands, branding and marketing communication and campaigns • Innovation: New product, service and market development • Delivering customer value • Managing and measuring marketing performance
Finance & Risk Management: December 2013 (20 credits)
This highly topical module looks at the critical issues of finance and risk. Designed to build and enhance the knowledge of students in the financing of ships and the management of the major risks in shipping. In particular this section will:
• Evaluate the various finance methods available for shipping companies • Critically assess the techniques of investment appraisal under risky and uncertain situations in the shipping industry • Explore the traditional and emerging methods of risk management and derivatives instruments in shipping
Syllabus • Overview of the four shipping markets: freight, sale and purchase, newbuilding and demolition • Ship finance and investment • Investment appraisal and capital budgeting • Investment feasibility and project valuation • Capital structure and the cost of capital • Sources of funding for financing shipping projects • Funding using bank loans; bank syndication; credit policy and analysis for bank loans • Funding using equity; funding through issuance of bonds; high yield bonds in shipping • Business risks in shipping operations: risk management theory; financial risk for shipping companies; freight rate derivatives and risk management; traditional methods for managing shipping risk • Managing freight rate risk using physical contracts; freight rate risk management using paper contracts • The use of financial derivatives in shipping
“An excellent opportunity for anyone involved in international trade to not only develop their critical thinking skills and industry best practices but also to enhance knowledge on industry’s main challenges, trends and opportunities”
Hilmi M. Armoush, CEO, Trans East Shipping & Logistics
5 MBA in Shipping & Logistics www.mba4shipping.com Programme Structure continued
Syllabus
Optimising Business Performance: March 2014 (30 credits)
The final taught module will focus upon the development of shipping within the logistics supply chain. It will build student skills in projects mastery, research and development (R&D) and innovation within the context of shipping logistics. The objective is to provide awareness, knowledge and insight into the organisations need for constant attention to technical, cultural, social and environmental change in the global shipping and logistics sectors. In particular this module will:
• Explore the role of research and development in the advance of historic, contemporary and future operations and technologies; • Define and delineate the key principles of maritime logistics; • Evaluate the need for innovation in the constant management of change; • Integrate and apply the principles of project mastery in attaining and sustaining operational and technical leadership in the maritime supply chain.
Syllabus • The economic and technical challenge - shipping in the supply chain • The S-curve in innovation - shipping and just-in-time distribution operations • The political and environmental domain - sustainable logistics • The project portfolio and life-cycle - inventory management principles • The technical development of modern shipping in the supply chain • The project - ideas from incubation to delivery - delivering quality in • Supply and demand led R&D - the economies of scale in shipping logistics logistics • Testing & modifying R&D - designing the supply chain and its facilities • Project mastery, leadership and teamwork in innovation - achieving the • Pure & applied paths to innovation - speed, volume, distance, value, lean supply chain in intermodal networks security, inventory in the supply chain • Cultural approaches to innovation in a mature service industry - • Project planning and allocating resources in the management of change applying the principles of supply chain management - delivering sustainable distribution • Surveying the innovative seascape - information and automation in the • Project completion, closure and reflective practice - maintaining quality supply chain in logistics
Business Transformation Project: May 2014 - September 2014 (30 credits)
Written to the same standard as a dissertation, the project will provide students with a means of developing further the skills and knowledge gained on the MBA, by application to a specific organisational issue or problem. It enables students to demonstrate proficiency in the design of a business enhancement project, application of appropriate methods of investigation, management of the change process and maintenance of vision in the face of the vicissitudes of business realities.
Syllabus Whilst there is no set syllabus, the MBA action/applied project provide the Investigation may involve case study analysis, comparative study relative to students with the opportunity to study and research a specific organisation sector norms, and/or questionnaire or interview-based study. area/topic in depth. The main focus of this, however, is not as a pure piece of research, but as a piece of ‘action research’ where the organisation or industry The research may take one of several forms, for example: directly benefits from the planned intervention of the student using appropriate methods of research and change management. • An investigation of a management or organisational practice, strongly supported by reference to the relevant theory and concepts; Tuition is tailored to the specific needs of the student as agreed with the • The research and design of a solution of a practical managerial or academic supervisor on the basis of the student’s proposal. Students will be organisational problem, where practical recommendations arise out of expected to be familiar with the theory and empirical research in their chosen the mix of theory and data collection; area of study, and to demonstrate their ability to review and apply the concepts • A project for a host/client organisation; and techniques critically. • A work-based issue within the individual’s own place of employment.
They will also be expected to demonstrate proficiency in the selection and application of the appropriate methods to investigate and progress the business transformation.
“Enrolling on this Master of Business Administration in Shipping and Logistics in 2011 was a significant move for myself and by extension - the Belize Port Authority. I have seen tangible benefits already, even with the very limited exposure to the programme.”
John Flowers, Belize Ports Commissioner
6 MBA in Shipping & Logistics www.mba4shipping.com Business Transformation Project
The business transformation project is one of the most exciting phases of the programme. It offers students an exceptional opportunity to fully integrate all the concepts, topics and issues they have been studying throughout the duration of the MBA and put that knowledge to work in the real world.
The module allows students to examine a business or industry specific problem from a consultative, research and / or entrepreneurial perspective. This highly practical approach is critical in facilitating the transition from theory to execution, thus providing the students with an invaluable learning opportunity.
The benefits of this phase are extensive for both the individual and their organisation. The individual benefits from being able to apply their new-found skills and knowledge in a practical context, focused on industry issues they are truly passionate about. The organisation benefits through the contributions of a highly trained and motivated individual working on solutions to challenges that they want solved!
Below is a sample list of projects that current and past students have been working on. It will give you a flavour of the creative focus that this unique module inspires in the students.
• Advantages and downsides of outsourcing logistics • The effect of tighter lending rules on acquisitions in the • Evaluating methods of capturing reduced vessel shipping industry greenhouse gas emissions through our partnership with • Safe manning of ships in the future time chartered third party vessel operators • Exploring emerging markets in barge transportation • Strategic measures for retaining seafarers within our company • Risk management in the maritime business • Root causes of team failure in problem resolution and • The disconnect between mega yachts and the greater how to work past it towards organisational success maritime industry: a comparison of yachts to ordinary industry • Seafarer shortage and its long term impact on shipping • Analysis of the sustainability drive in shipping; • Global agricultural trade between now and 2025 management hype or sustainable? • To evaluate the effectiveness of human resources • The development and future of break bulk shipping in achieving corporate strategy/core values in the business maritime industry • How can deck and technical ratings be encouraged • Cultural diversity to embrace leadership and consequential promotion • Contracts with charterers opportunities • Challenges of modern maritime piracy • The influence of the Maritime Labour Convention (2006) on shipping companies strategies • Developing a code of ethics for the International Maritime Organisation • Assessing the effectiveness of entry into transportation of natural gas by sea • Third party ship management – The future of Shipping
This is just a small selection of the type of issues being addressed by students on the programme. It’s plain to see that these future leaders will play a key role in shaping the future of their organisations and the industry as a whole. We’d very much like you to be a part of this elite group too.
“I am appointed to be part of the management of this new fleet. This is why I was looking for such a programme so that I could hone my skills and upgrade my knowledge, in term of business and management.”
Francisco Miranda, Sonangol Marine Services
7 MBA in Shipping & Logistics www.mba4shipping.com Merits of this MBA from an Award Winning Industry Educator
Captain Rodger MacDonald, MSc, Secretary General, International Federation of Shipmasters’ Association.
Captain MacDonald served initially with British India up to acting Chief Officer. After a year as Flight Planner, he left to return to the maritime industry and from 1967 to 1970 was appointed Surveyor of Ships for the New Zealand Government at the Port of Lyttleton. Initially to gain command experience, he took a leave of absence from the New Zealand Government to join Straits Steamship Ltd as Master. He was asked to set- up a new Offshore Supply Vessel in Borneo, which was the forerunner of Ocean Inchcape Ltd.
After 25 years of senior management positions within Ocean Inchcape Ltd Captain MacDonald was appointed Director of Faculty at the National Sea Training Centre, part of North West Kent College, an Associate College of the University of Greenwich. In August 2006, he retired from North West Kent College and continues to represent the interests of Ship Masters in his role as Secretary General of IFSMA which is a non-governmental organisation with consultancy status at IMO.
He is also very active in supporting students in a number of Lloyd’s Maritime Academy courses and in 2005, Captain MacDonald was awarded the LSM Lifetime Achievement Award at the Asia Pacific Manning and Training Conference in recognition of his contribution in the sphere of education and training.
1. How would you describe the education and training opportunities available to those wishing to pursue management roles in the maritime industry?
We need to consider three key groups here:
First the seafarers who are wishing to work ashore in a management role within the industry. Secondly those in the maritime industry ashore who wish to advance into senior management roles. Thirdly those outside the industry with no maritime experience who would like to pursue a new career in the maritime industry, (this could range from school leavers to mature managers in other industries). In the first group there are several opportunities with distance learning courses up to diploma level both in general ship management and other specialised management fields such as Superintendents, Crewing Managers, Shipping Agents etc.
In the second group most maritime nations have university courses that offer Master degree programmes linked to the industry. These may be quite specific such as the American University which offers a master’s degree on maritime policy aimed primarily at USCG offices.
In the third group, unless they can be guided by those in the industry, it seems there is little to offer as the industry is complex and tends to recruit experienced people from within. As far as school leavers who are interested in the industry, but do not wish to go to sea, there is no obvious course (in the UK anyway).
2. What do you think has been the largest factor for those not progressing?
For seafarers the major hurdle has been that their employers (ship owners and managers) are reluctant to encourage competent officers to seek shore employment. However there has been a change of attitude recently as they now try to encourage school leavers by saying there are great opportunities ashore after their seagoing experience. Another factor for all groups is time and cost to attend full time universities.
8 MBA in Shipping & Logistics www.mba4shipping.com Merits of this MBA from an Award Winning Industry Educator continued
3. Could you describe the challenging issues you foresee within the industry and what measures would help avoid / prevent / steer us away from it?
Ship managers face a number of challenging issues not least of all is recruiting and retaining seafarers. The human element; fatigue, training, cultural diversity, proper training etc will need competent managing.
The environmental issues will be extremely challenging over the next few years especially to meet the huge cuts in air pollution that are demanded. New ship designs especially in container and cruise ships are breaking through unknown and untested territory. New technology in machinery, navigation, cargo loading etc, will require new skills to manage these changes.
4. As a leading industry educator, how vital do you regard it for those operating within the sector to have a tailored qualification such as this MBA?
It has been known for years that the industry is suffering from a shortage of skilled seafarers. In the past much of the recruitment for shore based positions had been from those leaving the sea. There is now a shortage of competent managers throughout the industry. The demographic profile indicates that there is a desperate need for encouraging well qualified people into the industry. This MBA course is a very important tool to provide those people.
5. What is the industry saying about this MBA programme?
The International Federation of Shipmasters’ Association fully endorses this programme. We believe it is of benefit to both the seafarers wishing to seek shore management and the industry as a whole.
From conversations with other industry representatives I have found that there is a consensus that views this MBA programme in a most positive way to offer professional advancement in shipping.
6. Would you say that this MBA opens doors to opportunities that would otherwise be closed to those without it?
This is hard to answer, but certainly this MBA would put the applicant in a stronger position than competitors without it.
7. What would your advice be to someone thinking about undertaking this MBA, but is unsure as to whether to commit to it?
Ask yourself where you wish to be in five years time. If your wish is to be a senior manager in the exciting maritime industry, then take this course!
9 MBA in Shipping & Logistics www.mba4shipping.com Who Studies this MBA in Shipping & Logistics?
The MBA in Shipping & Logistics is designed specifically for managers in the shipping sector and related logistics businesses. The programme is equally suited to those who work within the shipping community as a supplier or customer. The student profile represents all aspects of the industry – encompassing ship owners, ship operators, logistics businesses, ports management, insurance companies, maritime lawyers, brokers, surveyors, financial institutions and maritime administrators.
Over 200 students have so far been enrolled on this programme representing 67 separate countries, from each continent in significant numbers.
Whilst a number of students are studying independently of an organisation to further their prospects without commitment to their employer, a selection of some of the international companies and organisations that are befitting from the skills and knowledge gained through the MBA in Shipping & Logistics include:
A.A. Turki Corporation Lloyd’s Register Seaspan Ship Management Ltd A.P.Moller Maersk Maersk LNG Societe d’Acconage et de Manutention Anchor Marine Transportation Ltd Maritime Tankers and Shipping Company en Mauritanie ArcelorMittal Steel SA Galati (MTSC ), Kuwait Sonangol Marine Services Houston, Texas Benelux Overseas Inc MOL (Europe) B.V. Studio Legale Grego BP Angola Moran Shipping Agencies, Inc Suncor Energy Inc Canada Steamship Lines Navig8 Asia Pte Ltd Threeways Shipping Services [Group] Ltd Dynacom Tankers Management Ltd Nigeria LNG Ltd Tidewater Marine International Inc Fujairah Refinery Company Ltd Norton Lilly International (Panama), S.A Torm A/S Gard AS Oldendorff Carriers GmbH & Co. KG Transocean Support Services Nigeria Ltd Gearbulk P&O Ferries Ltd Transport Canada Marine Safety Hapag-Lloyd Petrobras America TriplePoint Technology Hyproc Shipping Company Prisco (Singapore) PTE Ltd United Nations Worlds Food Programme Indoliziz Marine RASGAS Company Ltd United States Coast Guard International Marine Transportation Ltd RBS Corporate Banking Division Walvis Bay Stevedoring Co. (Pty) Ltd Intertek Testing Services Roymar Shipmanagement Inc Wartsila JSC Belarusian Potash Company Ruman Shipcontractors Ltd Zodiac Maritime Agencies Ltd Kapital Leading Transport Safmarine Kuehne + Nagel Sakhalin Energy Investment Company Ltd
Current Student Profile
n Management n Port/Terminal/Harbour n Captain/Officer/Seafaring n Legal/Insurance/Finance n Operations/Logistics n Health/Safety/Quality n Projects/Consultancy n Chartering/Broker/Trader n Engineer/Technical n Fleet Management n Sales/Marketing/Business n A N Other
10 MBA in Shipping & Logistics www.mba4shipping.com Student Testimonials
On reflection when I look back at myself I know there are a lot of distance learning MBA today, I am surprised at the knowledge programmes in the market but how many of them would gained and skills that I have acquired in my take a student with a three-email-a-day and 15kb-limit- first year studying with Middlesex per-email (when out at sea which is almost 8 months of University and Lloyd’s Maritime Academy. the year) limit with no attachments allowed, candidate in The course content has been very well their stride and not just impart knowledge to him but, more prepared by experienced professors. The importantly, broaden his horizons and open his world to the guidance given by module tutors has been very helpful. non-technical aspect of his field.
The supportive administration staffs, the resource section, If you know of any MBA programmes with teaching and the library section are 24/7 in attendance and I think I administrative staff so co-operative and so patient in cannot expect anything better. today’s fast moving world I would like to know of them, because I really don’t think there are any others, who In addition I have had the opportunity to network across the would, should I say take on this challenge of educating globe, each an expert in their chosen field. We have had a technologically disadvantaged (with regards to on line very productive discussions leading to and developing our access at sea) student in their programme and doing a, if teamwork capabilities. I may be allowed to say, “a darn good job.” Most only look I look forward to an extension of the wonderful experience for students who can take on the challenge of a demanding this year. online programme but, what for me distinguishes this from the others, is that here even the programme is willing to Capt. Balajee Jayaraman, Master Mariner take up the challenge of a student like me with very limited internet access.
A very demanding course requiring individual commitment Above is not just a testimonial but more of what I feel from from all participating students. Such advice should not within and I truly thank all who till now have made an effort go unheeded to the prospective student, but of course to keep me up to date in every respect with all facets of the with commitment comes reward, which means you will MBA. have earned your Masters in Business Administration, specialising in Shipping & Logistics. Pavan V. Abhyankar, Chief Engineer, Dynacom Tankers Management Ltd Colin Manchester, Head of Shipping Coverage, Americas, RBS Corporate Banking Division Taking the MBA in Shipping and Logistics has widened my knowledge in particular on My work challenges and portfolio keep the economics of shipping and the impact increasing everyday, and I believe a very of environmental challenges. It has also intensive MBA like this one could help to radically sharpened my leadership, position me to better manage my increasing communication and analytical skills to responsibilities. I heard of this MBA about prepare me to be a better manager in the June last year but could not commence Shipping and Logistics field. Thank you Middlesex immediately because of my tight work University and Lloyd’s Maritime Academy for creating and schedule. I noticed my schedule got even tighter this year. I supporting the programme. I look forward to a Doctorate had no choice than to start TODAY because TOMORROW degree in a similar field to expand my research in Shipping. may be worse. Ooi Eng Hai, COO, Best Chain Global Shipping Moses Obichie, Project Officer, Nigeria LNG Ltd
An excellent opportunity for anyone involved This MBA has challenged me academically in international trade to not only develop and personally. I have found the material their critical thinking skills and industry best relevant and applicable. Embarking on this practices but also to enhance knowledge on type of distance learning course at industry’s main challenges, trends and Master’s level is developing my ability to opportunities. For me, it was a very manage time, stress and priorities. I am strategic milestone in my life which I am really enjoying the experience. very proud to have taken. Thanks to all crew on the course. Peter L. Jackson, Head of Department, Projects & Hilmi M. Armoush, CEO, Technology, Seaspan Ship Management Ltd Trans East Shipping & Logistics
11 MBA in Shipping & Logistics www.mba4shipping.com Student Testimonials continued
Middlesex University’s MBA in Shipping and For me, the Lloyd`s Maritime Academy and Logistics programme was an educational Middlesex University Business School - journey that I really enjoyed. Apart from the MBA Shipping & Logistics programme is knowledge I gained, it mostly helped me at beyond my expectations. work. It was not only an education in business. It was a development program, This MBA in Shipping & Logistics at which prepared me for success as a Middlesex University provides me as strategic manager. As well as the key areas of knowledge, student with a thorough understanding of the shipping success requires that I can take decisions, exercise good world and its many parameters such as the legal aspects, judgment as to when and when not to take risks, manage marine insurance, information technology, financial change as well as day-to-day management, and management, executive leadership and global shipping demonstrate a range of related competences. This is more marketing strategies. Overall this MBA is an exciting and than just having a skill it is also about being able to make challenging program for all those aspiring to make a career effective use of these in my professional context. in shipping and/or logistics.
With the precious help, criticism and feedback of the In the same time, the vast experienced professionals Tutors I experienced a unique educational journey that will represented by London Lloyd`s Maritime Academy and remains unforgettable in my memory Middlesex University Business School shared with all of us, already has helped me, in the daily activity done for Kostas Schiniotakis, Supplier Coordinator, ArcelorMittal, as shipping & logistics analyst for import & Benelux Overseas Inc export maritime businesses.
Last but not least, I`ve already complete a course at London Lloyd`s Maritime Academy in 2005, based on I actually changed my job thanks to this MBA!! which I have managed to achieve some outstandings result for my company ArcelorMittal Galati with savings for The quality of learning is not the only shipping activities more than 20 million USD. advantage: the MBA in Shipping and Logistics also introduces you to great So, I warmly recommend this MBA Shipping & Logistics shipping professionals from all the most Programme to all maritime specialists who want to improve important companies of our industry. their skills, knowledge and understanding of the shipping This gives you the possibility to build your own network of businesses. contacts, friends, connections and mentors essential in today’s business world! Catalin-Valerica ANCAU, Head Office - Water Transportation for Import Shipping & Logistics, Marco Baccarini, Logistics Department, ArcelorMittal Steel Galati S.A. Mediterranean Shipping Company S.A.
Sure, MBA studies were not an easy walk The MBA in Shipping & Logistics gives a and required lots of nonstop efforts good mix of flexibility and challenges. You throughout last 2 years. Actually, I had to make your workplace an active learning dedicate all my free time for that, but on environment where you don’t limit yourself the other hand I’m delighted by well to only your department but to the whole structured university arrangements of organization and gives you an excellent entirely on-line studies, by the insight and overview of the management contemporary materials used and by cooperativeness of and leadership in place. The essence is professional course management and staff. Believe that as a result of development and being an invaluable asset to yourself and my MBA studies I’m currently in good command of modern your organization. methods of shipping & logistics administration.
Chukwunonso Victor Ezenwa, Domestic LPG Eduard Esikov, Export Operations Manager, Coordinator/Business Development, Nigeria LNG Ltd Sakhalin Energy Investment Company Ltd
12 MBA in Shipping & Logistics www.mba4shipping.com Studying the MBA in Shipping & Logistics by Distance Learning
The MBA in Shipping & Logistics consists of an extensive collection of distance education activities and resources. Included is a carefully designed blend of reading and work to be completed independently, practical activities that will be undertaken for feedback, formal assessments, and collaborative learning with other members of the programme, which will generally include some online communication and discussion.
All the necessary materials, resources and guides for study will be provided.
The basis for the structure of learning will be the form in which the materials appear on the University’s Virtual Learning Environment, My Learning, which will be the main medium of study. For a demonstration of how the online platform works please visit www.mba4shipping.com/demo
You will have online access to a tutor for each module where they will be available via email and phone at specific times for direct real-time support. The tutor will answer your queries about the content, give advice and support on assessments as well as facilitate discussions.
A member of the university’s e-learning team will always be available to help you with any technical difficulties should these arise. The university help-desk is manned 24 hours a day, 7 days a week, 52 weeks a year.
Assessed work will be completed in the manner prescribed by the specific module’s materials.
There will not be any examinations requiring attendance at a venue, but there will be certain online time-controlled tests in some modules. You will be required to take these within a specific time period. As they will be online, they can be completed at a location of choice.
Full details of how this MBA is delivered are issued to students in the programme handbook prior to its start. Please contact us if you would like to discuss programme delivery in more depth.
Is distance learning right for me? Distance learning can be highly beneficial to a large variety of people.
As with any kind of educational programme, the increasingly popular distance learning delivery comes with advantages and disadvantages. We recommend you carefully consider these in order to be sure your personal needs, strengths, career goals and maybe corporate objectives are met.
Benefits of distance learning include: • Flexibility - You can undertake the course from just about anywhere, providing you have the right communications means – a computer and internet connection. This allows you to work when and where it is most convenient without having to squeeze scheduled classes in to an already busy life. • Lowered costs - Prices for online courses are generally significantly cheaper than their classroom-based tutor-led equivalents and avoid the usual substantial additional costs, such as commuting, accommodation, meals etc. that are incurred when learning away from home. • Learn while working - As distance learning can usually be completed to your own schedule, you can keep working full time whilst studying. Keeping your job gives you more income, experience and stability while completing your course; giving you less to worry about and more time to focus on your studies. • Professional classmates - Mix and network via online forums with like-minded individuals on a global basis. • Learning style - people learn in different ways. Distance learning has many benefits for students as you take control of your preferred means of studying our material, and the module tutors will help ensure you stay motivated and help you plan your study schedule. • Social interaction - Some distance learning providers can leave you feeling isolated during your study, but on the MBA you always have your programme leader, module leaders, module tutors, programme coordinator and fellow students available via interactive course forums, email and phone so that support is available and you can benefit from all important social learning.
13 MBA in Shipping & Logistics www.mba4shipping.com Programme Faculty
Between the two internationally renowned institutions of Lloyd’s Maritime Academy and Middlesex University Business School, an expert faculty has been created. Leading management and maritime experts combine with business leaders to provide an innovative, flexible and inspiring learning experience.
Programme modules have been written by subject specialists plus a selection of permanent and visiting faculty, and draw upon business scenarios to ensure theory is given the necessary context.
Our expert faculty includes:
Programme Leader Dr Kristian J. Sund, Principal Lecturer in Strategic Management, Middlesex University Business School Kristian teaches strategic management at both undergraduate and MBA levels and leads the distance learning MBA in Shipping & Logistics. Previous to joining Middlesex University he was involved in executive education for close to ten years, both as an educator and a programme director.
His research currently focuses on strategic types, organisational learning and perceived environmental uncertainty, as well as more generally organisations and strategic management. His research has been applied to the hospitality industry, the postal industry, leisure (service) industry and others and has appeared in a variety of journals. Both as a consultant and regular employee, Kristian has worked with a diverse range of service industries, including banking, telecom, tourism, leisure and the postal sector.
Kristian holds a Ph.D. in Management and M.Sc. in Economics from the University of Lausanne, Switzerland and a M.A. in Society, Science and Technology from the Swiss Federal Institute of Technology (EPFL), where he also completed his post-doc.
Authors and module leaders
Jas Ahmad FRSA MCMI, Principal Lecturer in Management, Middlesex University Business School Jas is currently Director, Business & Innovation Projects and Middlesex University Business School. He is an internationally experienced executive, consultant and academic with a background in strategic and change management, performance improvement, executive education and management development.
His consulting assignments have included companies in transportation / logistics, oil & gas, financial services, pulp & paper products, engineering, and FMCG sectors. Jas is engaged in research and publishes papers at academic conferences and in journals.
John Astbury CBE, CMarTech, FIMarEST, FRIN, International Consultant John is an independent maritime policy adviser and formerly the Chief Executive Officer of the Maritime and Coastguard Agency (MCA). Prior to becoming CEO, John was UK Chief Coastguard (the first from the ranks in the Coastguard’s 184 year history) and Director of Maritime Operations. He has over 33 years experience in maritime emergencies and resilience operations. He has taken lead responsibility in many major maritime interventions reporting directly to the Secretary of State for Transport and is an expert in his field.
He has lectured extensively throughout the world on maritime emergencies and policy and has chaired many high level national and international committees. John was a visiting lecturer on the Greenwich University Maritime Policy MSc for over a decade and is currently working with Lloyd’s Maritime Academy. He has worked closely with government ministers on the review of maritime policy and has been responsible for the review of a wide range of organisational maritime issues and major changes within the sector.
14 MBA in Shipping & Logistics www.mba4shipping.com Programme Faculty continued
Dr. Stephane Bignoux, Lecturer, Middlesex University Business School Stephane is a Lecturer in Management at Middlesex University. He is responsible for teaching and administering three modules taught both nationally and internationally (Dubai). He teaches Contemporary Issues in Business at Middlesex University (Hendon Campus) and is currently the module leader for the strategy module within the MBA Shipping & Logistics.
Stephane’s main research focus has been on the management of inter-firm relationships. More specifically he studies the management of cooperative buyer-supplier partnerships and the formulation and implementation of supplier strategies. Stephane has been published in a number of journals, including Management Decision, the International Journal of Business and Management and the Journal of Applied Business Research. He regularly presents his work at the Academy of Management Conference, British Academy of Management, and other conferences around the world.
Stephane holds an MBA in Marketing Management (University of Western Sydney), an M.A. in Knowledge Management (University of Technology Sydney) and a Ph.D. in Business (Macquarie University).
Dr Ioannis Bournakis, BA, M.A, PhD, Lecturer in Economics, Middlesex University Business School Ioannis is a Lecturer in Economics at Middlesex University Business School. He was awarded a PhD in Economics from the University of Kent in 2008 and he also holds an MA in Economics and Econometrics from the University of Manchester.
Ioannis’ teaching interests mainly lie within the areas of International trade, Macroeconomics and Applied Economics. Prior to Middlesex University, he has held lectureship positions at the University of Kent and the University of Greenwich. He has also published a book on Trade and Competitiveness (VDM Verlag) and a number of academic articles that appear in internationally recognised peer reviewed journals. Ioannis has also contributed studies and chapters in edited volumes.
Susan Hawker, Principal Lecturer, Faculty of Law, London Metropolitan University Susan is a principal lecturer in International Trade and Shipping Law at London Metropolitan University, and Associate Professor at the London Law Centre of the University of Notre Dame (South Bend, Indiana, USA). After qualifying as a barrister, Susan worked in P&I, before going into academia. She is currently the academic consultant to the Grain and Feed Trade Association (GAFTA). Susan is also visiting lecturer at Cass Business School, City University School of Engineering, Copenhagen Business School, and BCA Athens, teaching on postgraduate and professional shipping courses.
Dr Robert Jenefsky, International Consultant and Director, Swisstocks SA U.S.-born, Switzerland-based Dr. Robert Jenefsky began his career as a physicist at CERN, the European Organization for Nuclear Research in Geneva, after which he held a succession of international managerial positions in marketing and R&D in the information technology and systems industries for many years. From 1998 to 2008 he was professor of marketing and management at Ecole hôtelière de Lausanne, teaching in the undergraduate, graduate and executive education programs. His current activities focus on consulting, writing and executive education. He holds a doctorate from the Swiss Federal Institute of Technology, Lausanne and is fluent in English, French, German and Italian. In 2004, he received an award for outstanding service from the Management Consulting Division of the Academy of Management.
“The programme is a pillar for developing shipping management understanding.”
Jaime Gonzalez-Gil, (Student 2009)
15 MBA in Shipping & Logistics www.mba4shipping.com Programme Faculty continued
Anna Kyprianou, BA MSc Chartered FCIPD, Dean, Middlesex University Business School Anna is currently Dean and Pro Vice Chancellor of Middlesex University Business School. She has worked with the strategic development of organisations and their management teams for more than twenty-five years. Her areas of specialism are organisational behaviour, managing people and learning and development with a particular emphasis on managing and developing people in the virtual organisation. She has extensive research experience in survey design and data analysis at organisational, national and international levels.
Anna has been instrumental in the design of a range of in-company programmes for organisations such as Coca-Cola Eastern Europe, NHS, Metropolitan Police, Hewlett Packard, and the Royal Mail.
Dr Heather Leggate-McLaughlin, Principal Lecturer Faculty of Business & Management, Canterbury Christ Church University As a Maritime consultant and researcher, Heather has worked on a numerous projects including economic and environmental impact studies, market analyses and economic modelling of risk factors. She was Specialist Adviser to the House of Commons Select Committee for Transport on the long Inquiry into the future of UK ports. More recently she has been engaged in European Commission projects to further the use of water freight transport in the member states and create a better integration of water transport into the whole logistics and supply chain. She has published widely on a variety of maritime topics in both industrial and academic journals and has been an invited speaker at transport conferences worldwide. As Editor-in-Chief of the leading academic maritime journal ‘Maritime Policy and Management’ she promotes maritime research worldwide and is currently working in the Faculty of Business and Management at Canterbury Christ Church University.
Dr Jyoti Navare, Head of Department of Marketing, Middlesex University Business School Jyoti is Head of Department (Marketing and Enterprise) at Middlesex University Business School. She is a Doctor of Philosophy in Risk Management (Southampton University), MBA, a Fellow of the Chartered Insurance Institute, Associate of the Institute of Chartered Secretaries and Administrators and Fellow of the Higher Education Academy.
She has a number of years experience as an International Risk Manager and Underwriter based in London and Sweden and working closely with Financial Services organisations and governments internationally. She has been a non executive director (portfolio - risk management and performance) of a UK Housing Association until 2009 (now ex officio) and on the Professional Standards and Ethics Board of the Chartered Insurance Institute in London. She is also a Governor of Kingsbury High School Brent. Jyoti has also held international visiting professorships in Germany, Poland and Iceland. Her key research activities are in the areas of Risk Management, Financial Institutions and Regulations, Innovation, Marketing and Business Sustainability, Corporate Social Responsibility and Professional Education.
16 MBA in Shipping & Logistics www.mba4shipping.com Programme Faculty continued
Dr Photis M. Panayides, Associate Professor in Shipping Economics, Department of Commerce, Finance and Shipping, Cyprus University of Technology. Photis holds a first class honours degree and a PhD in Shipping Economics and Management (1998) from the University of Plymouth, UK. Photis held academic appointments among others at The University of Plymouth, The Hong Kong Polytechnic University, the Copenhagen Business School, and the National University of Singapore to the level of Associate Professor.
Photis has authored three books and over 30 scientific journal papers in the fields of shipping economics, logistics and transportation. He reviews for major journals and has contributed several conference papers. Photis pioneered the development of academic and professional programmes in shipping and logistics and has also consulted for several companies. Photis is an elected member of the Board of the International Association of Maritime Economists and serves on the Board of Directors of the Cyprus Ports Authority.
Kirit Patel, Lecturer, Middlesex University Business School Kirit has been teaching operations management for a number of years at Middlesex University, prior to coming to Middlesex he was a management consultant. He also teaches project management and business planning as well as being the Module leader for all the Project Management modules within the business school. He was the programme leader for the executive and full-time MBA programmes after which he took over the MA Management. He was one of the first lecturers to develop and make full use the online systems to deliver modules for teaching and assessments. His research interests are mainly based around project management methodologies.
Dr Merv Rowlinson, Consultant and Visiting Lecturer Merv has served in towage and merchant shipping and has nearly 30 years teaching experience in shipping and logistics at the Merchant Navy College, Warsash School of Navigation (Southampton) and London Metropolitan University. He currently divides his time between Copenhagen Business School, Hamburg School of Shipping & Transportation, Lloyd’s Maritime Academy and the European College of Business Management (London & Aachen). Additionally, he is External Examiner at Southampton Solent University and the University of Plymouth. His research interests are inter-modal transport, and logistics particularly short sea shipping and its potential for delivering sustainable transport.
17 MBA in Shipping & Logistics www.mba4shipping.com Fees & Commencement Information
Total programme fee is £13,500 and can be paid in five instalments.
The fee includes all learning materials and electronic versions of the compulsory texts required over the duration of the programme. It also includes complimentary attendance to a Lloyd’s Maritime Academy two-day seminar*. A £500 deposit is payable at the time of applying and applications submitted without this will not be processed. The deposit will be deducted from the total fee once approved onto the course and is refundable where applicants are not accepted onto the programme.
Further details of the instalment plan as well as all enrolment information can be found within the “Application Guide” document, which is available to download from the programme website or by contacting us.
Application deadline is Friday 10th August 2012 Applications must be received in full by this date to secure enrolment (subject to approval) in time for the start of the programme. Any applications missing necessary supporting documentation including the deposit on this date will not be processed.
The programme commences on 24th September 2012 The programme starts with a compulsory two week induction module. This provides you with the opportunity to access and familiarise yourself with the online learning portal and the resources available to you through the programme. There will be short exercises during this period to introduce you to the programme, the faculty and your peers.
*Access to the Lloyd’s Maritime Academy Seminar Series Students can choose from up to forty seminar topics, gaining unrivalled access to expert opinion and business networks. To read more about the seminar series visit www.lloydsmaritimeacademy.com/seminars. Attendance permitted only within study period of the programme, is subject to availability and travel and accommodation to seminars is at the student’s own cost.
Entry Requirements
Preferably a second class honours degree (bachelor degree), or an overseas equivalent qualification. You must have a minimum of two years’ managerial or professional experience in a full time position.
If you do not hold an honours degree you will be required to demonstrate significantly successful managerial experience* and may be required to complete a GMAT test. Where English is a second language you may be required to demonstrate a minimum IELTS or TOEFL score.
*Managerial experience means managerial responsibility for people and/or functions and/or technical expertise for example marine engineering or surveying.
“The course changed my ways of approaching issues. I am now more focused and business oriented.”
Mansoor A Mohamed, Ruman Shipcontractors Ltd
18 MBA in Shipping & Logistics www.mba4shipping.com The premier distance learning MBA for the maritime sector
Contact Us Start date: 24th September 2012 Application deadline: 10th August 2012 Lloyd’s Maritime Academy 6th Floor 29 Bressenden Place London SW1E 5DR United Kingdom
Email: [email protected] Visit: www.mba4shipping.com Tel: +44 (0)20 3377 3209 +1 (646) 957 8929
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