MSc in International Shipping, Finance and Management ( ΠΜΣ στη Διεθνή Ναυτιλία, Χρηματοοικονομική & Διοίκηση)

The Interdepartmental MSc in International Shipping, Finance and Management (ISFM) comprises a unique combination of the three knowledge areas, which are essential for those employed or are interested to find work in the International Shipping industry. This is achieved through a modern, well-structured program, which combines reading of the international literature, laboratory classes, case studies, workshops, teaching, visits to companies and an academic dissertation aimed at enhancing research skills. The academic members of staff involved in the program are producing highly pioneering research in their respective fields of study. Business executives are also invited as keynote speakers in the program. All the above are disseminated in the curricula of the course units to make up a distinct educational program.

The University is a highly acclaimed State institution both at National and International levels, which offers officially recognized postgraduate programs. It offers excellent study copy volumes of scientific and business journals, newspapers and magazines, databases and specialized software in its laboratories. This enables fast and efficient access to relevant information and data for students, which is vital in pursuing high standards of research and study. The School of Business Administration and the School of Economics are involved in the MSc program through their relevant Departments of Accounting and Finance and Management Science & Technology and of the International & European Economic Studies, respectively.

The Professors of the MSc in ISFM are Ph.D. holders. They have solid educational backgrounds, significant professional work experience, influential scientific publications and presentations in international conferences. Their work has gained international recognition, have received teaching prizes by Greek and non-Greek universities, and are members of important international associations and committees.

The Location of the MSc program, at the heart of one of the most important International Maritime Centers of the World, is deemed extremely important for the networking and the employment opportunities it offers to its participants. More than 700 shipping companies are established here in Attica (around the port of Piraeus and in Athens and its suburbs), owning and managing a fleet of ships with the world’s highest tonnage capacity. Clients of these companies are also established here to serve them, including more than 1,000 shipbroking firms, financial institutions, international auditing and accounting firms, insurance companies, classification societies and shipping lawyers, amongst others. This enables direct access to market resources, such as industry scholarships which are offered to MSc students, student placements with companies in Greece and abroad, guest speakers from the industry, visits to companies and to the port of Piraeus and COSCO and significant networking opportunities.

All the above constitute a distinguished learning environment, providing students of the MSc with top quality relevant theoretical and practical knowledge, thus allowing graduates of the MSc in ISFM to be highly competitive in the job market and obtain immediate work placement following graduation.

In short, the MSc in International Shipping, Finance and Management is a significant investment in the professional careers of its graduates.

Δείτε αναλυτικά την προκήρυξη

CALL FOR APPLICATIONS – INTAKE SEPTEMBER 2020

The MSc program aims to offer postgraduate education and training to graduate students and executives that wish to work or are currently employed in the sectors of Shipping, Finance and Management, and aim to advance to the highest levels of the international market via an English-speaking graduate training program, which is highly acclaimed.

HIGHLIGHTS

• Ranked 5th in the World by eduniversal 2019 Masters ranking
• Award winnings from organisations such as Equal Society for our social responsibility
• Exemptions from exams from Professional Organisations such as HSA and ICS
• International cooperation with International Maritime Universities
• Prestigious organisation of International Conferences (such as IAME 2019).

The program’s international profile is strengthened through a modern, well-structured program, laboratory classes, case studies, workshops, teaching, visits to companies, seminars and conferences.

It is addressed to graduates with officially recognized undergraduate degrees in areas such as Economics, Finance, Management, Law, Science, Engineering.

The postgraduate program leads to the award of a Master’s of Science (MSc) degree and offers:

➢ A 12-months full-time program, designed to meet the needs of graduates, with lectures taking place mainly during the morning or in the afternoon.
➢ A 24-months part-time program, designed to meet the needs of business executives, where lectures are conducted in the evenings.

The MSc program offers:

• Postgraduate study in an International Maritime Centre, in Greece – with the highest ownership (in tonnage) in the World and hundreds of companies located here
• The opportunity to study at AUEB, a top School for Economics and Business in Greece and Internationally recognized for its quality of education, research and training
• An MSc program qualification officially recognized by the Greek State
• An academic program taught by world class professors – all with PhD’s, constantly reviewed to fit the needs of the industry
• Placements of students with companies at the end of the taught part of the program
• Visits to companies and organizations
• Executive guest speakers from the industry and specialized Workshops
• Use of state-of-the-art laboratory providing access to major databases, newspapers, periodicals and academic journals related to shipping, finance and management
• Scholarships available to suitable applicants
• Academic excellence prizes, awarded to students at the end of the full and part time programs

The program operates in accordance with the MSc Program Regulation (approved by the 16th Senate Session of 5/7/2018) and Law 4485/2017.

The program has a rolling admissions procedure, conducted in three rounds, with the following deadlines:

➢ 1st round, Friday 28th of February 2020
➢ 2nd round, Monday 10st of April 2020
➢ 3rd round, Friday 8st of June 2020

Places available are limited and applications are evaluated with priority order.

CRITERIA AND SELECTION PROCEDURE

Applications are submitted electronically through: https://e-graduate.applications.

Submission process:

1. register and login to the link above
2. find in the list of available Postgraduate Programs, the ‘MSc in International Shipping, Finance and Management’
3. select ‘full-time’ or ‘part-time’ program
4. complete all required fields in the application form

Notice: you should complete the online application and click “Submit”. You will not have to upload any documents.
If any personal data is not applicable (for example VAT, which is not applicable for foreign students), please type “- “

Within a period of three (3) days, applicants have to send by post or submit in person to the Secretariat’s office (see contact details below) the signed printed form of the electronic application along with the required supporting documents.

Contact Details:

Secretariat, MSc in International Shipping, Finance and Management, AUEB’s Centre for Postgraduate Studies, Room 913, 9th floor,
47A Evelpidon and 33 Lefkados St, 11362, Athens, Greece.
Monday to Friday: 10:30 – 18:30 Tel. +30 210-8203696, Fax: +30 210-8203667, Email: [email protected], url: http://msc-isfm.aueb.gr/en-US

Documents that must be submitted with the application:

1. The signed printed application.
2. Copies of all University Degrees / Diplomas (Recognition by the Hellenic National Academic Recognition Information Centre (DOATAP) is required)
3. Official Transcripts of marks received (with certified translation in English in case the transcripts are not in Greek)
4. CV in English
5. Certified copy of the English language certification verifying very good command of the language (level C1, as determined by a TOEIC , IELTS, TOEFL score) or Advanced (CAE) or Proficiency
6. Two recent passport size photographs
7. Personal statement of approximately 500 words, in English
8. Two confidential recommendation letters (for FT program academic references, for PT program from Employers)
9. Proof of employment record, if any – required for part time applicants

* Η προθεσμία υποβολής αιτήσεων υποψηφιότητας για το Πρόγραμμα Μεταπτυχιακών Σπουδών ΣΤΗ ΔΙΕΘΝΗ ΝΑΥΤΙΛΙΑ ΧΡΗΜΑΤΟΟΙΚΟΝΟΜΙΚΗ ΚΑΙ ΔΙΟΙΚΗΣΗ για το ακαδ. έτος 2020-2021, παρατείνεται έως την Δευτέρα 20-07-2020. Κατά τα λοιπά ισχύει η δημοσιευμένη Προκήρυξη υποβολής αιτήσεων.

The deadline for the submission of applications for the Postgraduate Program in INTERNATIONAL SHIPPING, FINANCE AND MANAGEMENT for the intake 2020-2021, is extended until Monday 20-07-2020. All the rest remain the same according to the published Call for Applications.

Full Time Program

Preparatory Course Units – 3 weeks (3 x 4 hours = 12 hours per course unit) – September

1. Introduction to Finance
2. Elements of Mathematics and Economics for Business
3. Statistics for Business
4. Ship Technology and Terminology

1st Bimonthly Period (8 weeks x 3 hours = 24 hours per course unit) –  October – November

1. Financial and Management Accounting
2. Financial Management
3. Maritime Economics and Business

2nd Bimonthly Period (8 weeks x 3 hours = 24 hours per 5 ECTS) –  December – February

1.  Corporate Finance
2. International Economics
3. International Maritime Commodity Trade
4. Quantitative Methods for Shipping Data

3rd Bimonthly Period (8 weeks x 3 hours = 24 hours per course unit) –  March – April

1.  Management of Maritime Companies
2. Shipping Finance and Investment Decisions
3. Selection of one (1) of the following course units:
   a) Data, Models and Business Decisions in Shipping
   b) Port Economics and Policies
   c) Portfolio Analysis and Management
   d) Accounting for Shipping Business

4th Bimonthly Period (8 weeks x 3 hours = 24 hours per course unit) – May – June

Selection 3 course

• Chartering
• Logistics Management and Liner Shipping
• Maritime Insurance
• Maritime Law
• Shipping Business Risk Management
• Banking
• Financial Analysis and Company Valuation
• Risk Management
• International Taxation of Capital and Investment Decisions
• Wealth Management
• Human Resource Management (Managing People in Shipping)
• Operations Management
• Strategic Business Decisions in Shipping

Dissertation

Dissertation takes place between June/July and October

Part Time Program

First Year 

Preparatory Course Units – 3 weeks (3 x 4 hours = 12 hours per course unit) – September

1. Introduction to Finance
2. Elements of Mathematics and Economics for Business
3. Statistics for Business
4. Ship Technology and Terminology

1st Bimonthly Period (8 weeks x 3 hours = 24 hours per course unit) –  October – November

1. Financial Management
2. Maritime Economics and Business

2nd Bimonthly Period (8 weeks x 3 hours = 24 hours per 5 ECTS) –  December – February

1. Corporate Finance
2. International Economics
3. International Maritime Commodity Trade

3rd Bimonthly Period (8 weeks x 3 hours = 24 hours per course unit) –  March – April

1. Management of Maritime Companies
2. Shipping Finance and Investment Decisions

4th Bimonthly Period (8 weeks x 3 hours = 24 hours per course unit) –  May – June
Selection of course units equivalent to a total of 5 to 10 ECTS ( 5 ECTS per course unit):

1. Chartering
2. Maritime Insurance
3. Maritime Law
4. Banking
5. Wealth Management
6. Human Resource Management (Managing People in Shipping)
7. Operations Management

Second Year 

5th Bimonthly Period (8 weeks x 3 hours = 24 hours per course unit) –  October – November

1. Financial and Management Accounting

6th Bimonthly Period (8 weeks x 3 hours = 24 hours per course unit) –  December – February

1. Quantitative Methods for Shipping Data

7th Bimonthly Period (8 weeks x 3 hours = 24 hours per course unit) –  March – April
Selection of one of the following course units (5 ECTS per course unit):

1. Data, Models and Business Decisions in Shipping
2. Port Economics and Policies
3. Portfolio Analysis and Management
4. Accounting for Shipping Business

8th Bimonthly Period (8 weeks x 3 hours = 24 hours per course unit) –  May – June
Selection of course units equivalent to a total of 5 to 10 ECTS(5 ECTS per course unit):

1. Logistics Management and Liner Shipping
2. Shipping Business Risk Management
3. International Taxation of Capital and Investment Decisions
4. Risk Management
5. Strategic Decisions in Shipping
6. Financial Analysis and Company Valuation

Dissertation

Dissertation takes place during the second year – 15 ECTS