Course Overview:
This course aims to equip individuals with a thorough understanding of the principles, strategies, and practical aspects involved in international trade. Students will learn about the intricacies of export-import operations, trade regulations, and global market dynamics.
Course Duration
12 Weeks / 3 Months
Week 1: Introduction to Global Trade
• Overview of international trade and its significance
• Benefits and challenges of export-import businesses
• Understanding global trade policies and organizations
• Benefits and challenges of export-import businesses
• Understanding global trade policies and organizations
Week 2-3: Market Analysis and Entry Strategies
• Identifying target markets and opportunities
• Conducting market research and feasibility studies
• Developing effective market entry strategies
• Conducting market research and feasibility studies
• Developing effective market entry strategies
Week 4-5: Export Procedures and Documentation
• Understanding export procedures and documentation
• Export regulations, compliance, and documentation requirements
• Export pricing strategies and negotiations
• Export regulations, compliance, and documentation requirements
• Export pricing strategies and negotiations
Week 6-7: Import Procedures and Customs Clearance
• Import procedures and documentation essentials
• Customs clearance processes and documentation
• Import duties, taxes, and trade compliance
• Customs clearance processes and documentation
• Import duties, taxes, and trade compliance
Week 8-9: Logistics and Supply Chain Management
• Logistics in international trade: Shipping, freight, and Incoterms
• Supply chain management for export-import businesses
• Risk management and insurance in global trade
• Supply chain management for export-import businesses
• Risk management and insurance in global trade
Week 10: International Payment Methods and Finance
• Overview of international payment methods (Letters of Credit, etc.)
• Trade finance and funding options for import-export businesses
• Managing currency risks in international transactions
• Trade finance and funding options for import-export businesses
• Managing currency risks in international transactions
Week 11-12: Trade Negotiation and Expansion Strategies
• Effective negotiation techniques in global trade
• Strategies for expanding and sustaining an export-import business
• Emerging trends and future prospects in international trade
• Strategies for expanding and sustaining an export-import business
• Emerging trends and future prospects in international trade
Assessments and Activities
• Creating an export-import business plan
• Case studies on successful international trade ventures
• Simulated trade negotiations and scenarios
• Assessments on trade documentation and compliance
• Case studies on successful international trade ventures
• Simulated trade negotiations and scenarios
• Assessments on trade documentation and compliance
Final Project
Students will develop a comprehensive export-import business plan for a specific product or market, integrating various strategies learned throughout the course.