MSc in Shipping, Trade & Finance and Energy, Trade & Finance
- Course content
- Teaching staff
- Entry requirements
- Tuition fees and term dates
- Career opportunities
The City of London is the centre of the global finance, maritime, insurance and commodity trading industries.
So, Cass is perfectly placed to help you maximise the many opportunities in these areas. And each of this Masters degree will give you the skills necessary to operate at the decision-making levels of activities such as shipping, transport, logistics, supply chain management and related sectors and industries.
A global centre
The course is offered through the Costas Grammenos Centre for Shipping, Trade and Finance.
The MSc courses offered by the Centre reflect the Cass philosophy: advanced, technically challenging programmes that incorporate applied, real-world scenarios.
Students make presentations to lecturers, visitors from the City and other members of the class. This provides you with invaluable practice in using, applying and expressing complex subject matter clearly and concisely to a business audience.
Group work, on the preparation of case studies and a business plan, consolidates the acquired knowledge and also builds the 'soft' skills essential to any future career. From a total of over 1,200 graduates to date, all have taken their place in the international business community.
If you would like to arrange an individual appointment to discuss this programme please email: Stuart.Wallace@city.ac.uk
We review all our courses regularly to keep them up-to-date on issues of both theory and practice. Consequently, there may be some change to the detailed content of the modules, and occasionally to module titles.
To satisfy the requirements of the degree course students must complete:
- ten core courses
- five electives
- one elective and a Business Research Project
These Masters courses all start with two compulsory induction weeks, focused mainly on:
- An introduction to the Cass Careers offering with a focus on key skills and attributes that employers are looking for. The annual MSc Careers Fair at this time also provides the opportunity to meet over 60 companies who are recruiting across many sectors including finance, energy, insurance, real estate, shipping, strategic management and internal auditing.
- a refresher course of basic financial mathematics, statistics, computing and electronic databases.
MSc Research Project
Students have the option of studying five specialised electives in term three to give them a breadth of subject matter. Alternatively if students would like to study one particular area of interest in depth they have the option of taking one elective and completing a Business Research Project, which in some cases may be completed in partnership with a sponsoring organisation.
The Project will be of approximately 8,000 words. This offers an opportunity to specialise in a contemporary finance topic related to students' future careers. The Project should be based on independent research either in the context of a single organisation or using third-party sources.
Students are encouraged from the start of the course to think about a topic for their Project. A member of academic staff supervises the project, and the student may choose whom they would like to work with. The Project must be submitted by the end of August. Company sponsored projects are encouraged and a number of such projects may be available.
Many students use this opportunity to do a project with a company they might want to work for. This gets their foot in the door and can lead to permanent employment post programme, whilst earning course credit. Student research projects are processed and managed jointly by the MSc Course Office team and the student's Course Director.
Some recent projects:
- The role of human error in tanker accidents
- US-EU air routes and the 'open skies' effect
- Analysis of financial vehicles for the fleet expansion of a small shipping company
- The EU emissions trading scheme in context with the Kyoto Mechanisms and the price determinants of EU allowances
- Supply Chain in the Fashion industry: A case study of ABC Analysis in Lussile S.A.
- Russia, the West, and Energy geopolitics in the CIS: A new tournament in Shadows
- Corporate social responsibility: ways of evaluating carbon footprint
- The changing environment of the vehicle fuel market: a tentative look at the future of gasoline
- The All-Cargo Airlines Consolidation in China and Its Impacts on Airline Competition
- The Impact of a Suez Canal Closure on the UK Supply Chain
- Investigation into the shortage of officers on merchant ships
- Does investing in hedge funds ensure better risk & return
- Risks and challenges in global sourcing and outsourcing: a practical approach to meet demand
- Recent massive IPO's in Greek Shipping: A theoretical and empirical analysis
- Operational expansion of Thessalonica's container terminal and procurement
- The issues of clean development mechanism in developing countries: a case study on Nigeria
- The Effects of the Suez Canal Expansion
- The Kingstone container terminal: will it become a mega-hub?
- Transhipment challenges in the Mediterranean region
The teaching staff on these MSc programmes have many years of practical experience working in industry and are also active researchers in their fields
This knowledge and experience inform the highly interactive lectures that make up these MSc programmes.
Other Module Leaders include:
- Prof. Costas Grammenos
- Prof. Michael Tamvakis
- Dr Nikos C. Papapostolou
- Dr Panos Pouliasis
- Dr Amir Alizadeh
- Prof. Lilian de Menezes
Teaching staff on Cass Talks
Some of the lecturing staff on these MSc programmes have taken part in recent editions of Cass Talks.
Prof. Michael Tamvakis discusses the Greek crisis and the return of carbon trading
Prof. Michael Tamvakis discusses the soaring increase in oil and its likely impact on the global economic recovery.
The MSc in Shipping, Trade and Finance is validated by the Institute of Chartered Shipbrokers (ICS) consequently, students successful in the courses of:
- International Commodity Trade
- Shipping Economics and Policies
- Shipping Law
- Shipping Investment and Finance
will be granted exemption from three of the following examinations of the Institute:
- Economics of Sea Transport and International Trade
- Introduction to Shipping
- Legal Principles in Shipping Business
- Shipping Finance
Students must choose three out of the four subjects above that they wish to be exempt from as the ICS require potential members to a minimum of four, out of the total of seven, of their professional exams in order to become a member. Students are also only able to choose one of the modules Legal Principles in Shipping Business or Shipping Law for exemption.
Documents required for decision-making
- Transcript/interim transcript
- Current module list if still studying
- Personal statement (500-600 words)
Documents which may follow at a later date
- IELTS result, if report available
- Confirmation of professional qualification examinations/exemptions/passes, if applicable
- Two references
- Work experience is not a requirement of this course
- For a successful application to receive an unconditional status all documents must be verified, so an original or certified copy of the degree transcript must be sent by post to Specialist Masters Programme Office, 106 Bunhill Row, London, EC1Y 8TZ, UK
We cannot comment on individual eligibility before you apply and we can only process your application once it is fully complete, with all requested information received.
The entry requirements for MSc Shipping, Trade and Finance are as follows:
- A UK 2.1 or above, or the equivalent from an overseas institution
- Some level of previous study in finance or quantitative methods is preferred
Applicants will need to submit two references, one of which MUST be an academic reference.
- If you have been studying in the UK for the last three years it is unlikely that you will have to take the test
- If you have studied a 2+2 degree with just two years in the UK you will be required to provide IELTS results and possibly to resit the tests to meet our requirements.
The required IELTS level is an average of 7.0 with a minimum of 6.5 in the writing section and no less than 6.0 in any other section.
Please note that due to changes in the UKVI's list of SELTs we are no longer able to accept TOEFL as evidence of English language for students who require a CAS as of April 2014.
Work experience is not a requirement, but please provide details of relevant experience that might enhance your profile. This information will be included in your CV which is required with all applications.
Tuition fees and term dates
Tuition fees 2016/7
Application fee: Nil
Tuition fees: £25,000 Currency Converter
Deposit: £2,000 (paid within 1 month of receiving offer and non-refundable unless conditions of offer are not met)
First instalment: Half fees less deposit (to be paid at registration)
Second instalment: Half fees (paid in January following start of programme)
Term dates 2016/7
In-Person Registration (all students must attend): Commences 12 September 2016
Compulsory Induction: 12 - 23 September 2016
26 September 2016 - 2 December 2016
Term I exams
9 January 2017 - 20 January 2017
23 January 2017 - 31st March 2017
Term II exams
24 April 2017 - 5 May 2017
8 May 2017 - 23 June 2017
Term III exams
26 June 2017 - 7 July 2017
Submission deadline for Business Research Project
1 September 2017
Official Course End Date
30 September 2017
The wide curriculum of these Masters courses provides a range of employment opportunities for our graduates. Many hold key positions and have eminent careers in over 70 countries in fields such as commercial banking, commodity trading, government, investment banking, law, logistics management, management consultancy, manufacturing, shipping, finance, shipping operations, stockbroking, and university research and teaching, among others.
MSc in Shipping, Trade & Finance Employability
Our Graduate Destination Survey of the MSc in Shipping, Trade & Finance class of 2014 shows that 77.7% of graduates are now either in work (67.2%) or not hob seeking as they are in further study, military service etc. (10.%)
Some examples of where graduates from the MSc in Shipping, Trade & Finance class of 2014 are working are:
- Ernst & Young - Financial Analyst
- E A GIbson Shipbrokers - Trainee Tanker Broker
- McGraw Hill Financial - Product Consultant
- JP Morgan - Market Risk Analyst
You can also view data from our Graduate Destination Survey (pdf) from 2014.