Course Name: Import-Export Business Management with Industry Visit
Duration: 3 Months
Institute Name: SkillNet Academy
Course Overview:
The Import-Export Business Management course at SkillNet Academy is designed to provide students with a comprehensive understanding of the global trade landscape. Through theory, practical exercises, and real-world industry exposure, students will gain essential skills in managing the complexities of international trade, logistics, legal frameworks, supply chain management, and market research. The course also includes an industry visit to a leading export-import company to bridge the gap between classroom learning and real-world business operations.
Course Objectives:
By the end of the course, students will be able to:
- Understand the fundamentals of import-export business models and operations.
- Comprehend international trade policies, procedures, and documentation.
- Learn about freight forwarding, shipping, and logistics management.
- Grasp the basics of international trade finance and risk management.
- Develop strategies for entering global markets and identifying export/import opportunities.
- Gain hands-on experience through an industry visit to a leading import/export business.
Course Structure:
Module 1: Introduction to Import-Export Business
Duration: 2 Weeks
- Overview of International Trade
- Importance and Benefits of Import-Export Business
- Key Players in the Global Trade Ecosystem (Exporters, Importers, Freight Forwarders, Customs Brokers)
- Types of Import-Export Transactions (B2B, B2C, etc.)
- International Business Ethics & Regulations
- Legal and Regulatory Frameworks in International Trade
Module 2: International Trade Laws & Documentation
Duration: 3 Weeks
- Trade Agreements (Bilateral, Multilateral, Regional Trade Agreements)
- Role of WTO (World Trade Organization) and Other Regulatory Bodies
- Import-Export Documentation (Proforma Invoice, Bill of Lading, Certificate of Origin, Letter of Credit, etc.)
- Understanding Tariffs, Duties, and Taxes
- Incoterms (International Commercial Terms) and Their Impact on Trade
- Customs Clearance Procedures and Documentation
- Trade Compliance & Customs Audit
Module 3: International Shipping and Logistics Management
Duration: 3 Weeks
- Types of Freight and Cargo (Sea, Air, Road, Rail)
- Freight Forwarding and Shipping Terms
- Logistics and Supply Chain Management in Global Trade
- Packaging and Labeling Requirements for Exports
- Shipping Insurance and Risk Management
- Import/Export Customs Procedures and Clearance
- Warehousing, Distribution, and Inventory Management
- Shipping Cost Calculation & Optimization
Module 4: International Trade Finance and Payment Methods
Duration: 2 Weeks
- International Payment Systems and Methods (Wire Transfer, Letter of Credit, Documentary Collection, etc.)
- Currency Exchange and Hedging Strategies
- Trade Financing Options (Trade Credit, Invoice Financing, Bank Guarantees)
- International Risk Management in Trade
- Role of Export Credit Agencies
- Payment Security and Fraud Prevention
Module 5: Market Research and Global Marketing Strategies
Duration: 2 Weeks
- Identifying Export/Import Markets
- International Market Research Methods
- Entry Strategies for Global Markets (Direct Export, Joint Ventures, Licensing, etc.)
- Building International Relationships and Networks
- Global Marketing Strategies and Branding
- Managing Cultural Differences in Global Business
- Digital Tools for Market Entry and Expansion
Module 6: Industry Visit and Practical Exposure
Duration: 1 Week
- Field Trip to an Export-Import Company:
- Visit to a leading logistics company, port facility, or customs clearance agency.
- Observe the day-to-day operations of import-export management in action.
- Interact with industry professionals and learn firsthand about trade documentation, logistics, and financing.
- Analyze the challenges and opportunities in global trade through real-world business operations.
Teaching Methodology:
- Classroom Learning: Lectures, discussions, case studies, and group activities.
- Practical Sessions: Hands-on practice with import-export documentation, tariff calculations, and trade negotiations.
- Industry Visit: A week-long industry visit for practical exposure and real-time learning.
- Guest Lectures: Sessions by industry experts to provide valuable insights into the current trends in international trade.
Assessment & Evaluation:
- Assignments (30%): Weekly assignments covering trade documentation, market analysis, and logistics.
- Mid-Term Exam (20%): Theoretical exam on core topics like international trade laws, customs procedures, and shipping.
- Project Work (20%): Group project on creating an import-export business plan or a market entry strategy for a specific product or region.
- Final Exam (20%): Comprehensive exam covering all modules.
- Industry Visit Report (10%): Report detailing the observations, learning, and insights gained during the industry visit.
Course Benefits:
- Industry-Linked Learning: Real-world exposure through an industry visit.
- Hands-on Experience: Practical knowledge of international trade procedures and documentation.
- Expert Faculty: Learn from industry veterans with years of practical experience.
- Certification: Completion certificate from SkillNet Academy.
Prerequisites:
- Basic knowledge of business and economics.
- No prior experience in import-export business is required, but familiarity with business operations is an advantage.
Course Fees:
- Total Course Fee: $900 or Inr 25000/- (Installment options available)
This Import-Export Business Management with Industry Visit course at SkillNet Academy will equip you with the tools to embark on a successful career in global trade, logistics, and international business management.
