College: Economics and Administrative Sciences

This specialization provides a comprehensive understanding of the principles and practices of international trade, focusing on the exchange of goods, services, and capital across borders. Students explore key areas such as global trade policies, supply chain management, trade finance, and international market analysis. The program emphasizes strategic thinking, cultural awareness, and the application of trade principles to navigate the complexities of global markets. Graduates are prepared for careers in international business, trade consultancy, logistics, and government trade agencies.

Learning Objectives:

• Understand the fundamentals of international trade and the global economy.
• Develop skills in analyzing and managing global trade operations.
• Learn techniques to navigate and comply with trade regulations.
• Explore the role of supply chain management and logistics in international trade.
• Understand the principles of trade finance and risk management.
• Analyze challenges and opportunities in global trade markets.
• Develop critical thinking and problem-solving skills for international trade projects.

Main Curriculum:

1. Introduction to International Trade
   • An overview of the field, its history, and importance in the global economy.
2. Global Trade Policies and Systems
   • Study international trade agreements, tariffs, and trade barriers.
   • Techniques to understand and comply with trade regulations.
3. Supply Chain Management and Logistics
   • Principles of global supply chain management and logistics optimization.
   • Techniques to ensure effective and cost-efficient trade operations.
4. Trade Finance and Risk Management
   • Basics of trade finance tools like letters of credit and export credit insurance.
   • Financial risk management techniques in international trade.
5. International Market Analysis
   • Study market research, consumer behavior, and competitive analysis in global markets.
   • Techniques for identifying and entering new international markets.
6. Cross-cultural Business Practices
   • Explore cultural differences and their impact on international trade.
   • Effective communication and negotiation techniques across cultures.
7. Emerging Trends in International Trade
   • Analysis of innovations like e-commerce, digital trade, and sustainable trade practices.
   • Techniques to adapt to new trends and technologies in global trade.
8. Trade Compliance and Legal Issues
   • Study trade compliance requirements, customs procedures, and legal frameworks.
   • Techniques to ensure compliance with international trade laws.
9. International Trade Capstone Project
   • A practical project applying acquired skills in market analysis, trade strategy, or supply chain management.
   • Techniques for providing comprehensive international trade solutions.

Assessment Methods:

• Case studies and scenarios simulation in international trade.
• Written assignments on trade policies, supply chain management, and market analysis.
• Group projects in trade strategy development and logistics improvement.
• Participation in internships or fieldwork with international organizations or companies.

Recommended Textbooks:

• "International Economics: Theory and Policy" by Paul R. Krugman, Maurice Obstfeld, and Marc Melitz.
• "Global Supply Chain Management" by Matt Drake.
• "Export/Import Procedures and Documentation" by Thomas E. Johnson.
• "International Business: The Challenges of Globalization" by John J. Wild and Kenneth L. Wild.

Prerequisites:

Basic knowledge of economics, business, or international relations is recommended. Suitable for students in business, economics, and related fields.

Duration of Specialization:

Typically 4 years, including coursework, projects, and internships.

Degree:

Graduates may obtain a degree in International Trade or a related field and may pursue additional certifications (e.g., Certified International Trade Professional, CITP).

Target Audience:

Aspiring trade specialists, logistics managers, international business consultants, and government trade officials seeking to excel in global trade operations and strategy. This specialization equips students with strategic, analytical, and cultural skills necessary to excel in international trade, driving success in global markets and trade operations.