Maritime Business Management

Students will be introduced to the discipline of Management and its four functions along with the foundations and modern methods of business planning.

  • Duration
    1 semester
  • Format
    Online
  • Credits
    20
  • Semester
    Autumn


Maritime Business Management

Students will be introduced to the discipline of Management and its four functions along with the foundations and modern methods of business planning.

  • Duration
    1 semester
  • Format
    Online
  • Credits
    20
  • Semester
    Autumn


Overview

Students will be introduced to the discipline of Management and its four functions (planning, organizing, leadership, control) along with the foundations and modern methods of business planning. Management planning tools and techniques for decision making will be utilized and applied in ship operations, technical, crew, compliance, communications, and financial management. People Management principles are also explored as applied to a shipping business. Moreover, the basic principles of safety and quality management systems will be analyzed and applied to the shipping industry. ESG (Environment, Social, Governance) principles are applied to a shipping business within a management system approach incorporating industry best practices guidelines with a clear emphasis on the Environmental pillar in accordance with IMO 2050 targets.

Meet the Instructor

Mr. Poulovassilis joined Lloyd’s Register of Shipping in 1989 and had a distinguished 25-year career with the leading Classification Society, holding the post of Regional Marine Manager, Europe, Middle East & Africa from 2009 until 2015. For the past five years he has held leading positions for Ship Management and Operating companies, and currently is the Chief Operating Officer of a prominent Greek Shipping Company. He is a highly respected and experienced Senior Executive of the Maritime Industry and is also actively involved in numerous joint industry projects. He holds a BEng and MSc from Imperial College and University College London, respectively.

Overview

Students will be introduced to the discipline of Management and its four functions (planning, organizing, leadership, control) along with the foundations and modern methods of business planning. Management planning tools and techniques for decision making will be utilized and applied in ship operations, technical, crew, compliance, communications, and financial management. People Management principles are also explored as applied to a shipping business. Moreover, the basic principles of safety and quality management systems will be analyzed and applied to the shipping industry. ESG (Environment, Social, Governance) principles are applied to a shipping business within a management system approach incorporating industry best practices guidelines with a clear emphasis on the Environmental pillar in accordance with IMO 2050 targets.

Meet the Instructor

Mr. Poulovassilis joined Lloyd’s Register of Shipping in 1989 and had a distinguished 25-year career with the leading Classification Society, holding the post of Regional Marine Manager, Europe, Middle East & Africa from 2009 until 2015. For the past five years he has held leading positions for Ship Management and Operating companies, and currently is the Chief Operating Officer of a prominent Greek Shipping Company. He is a highly respected and experienced Senior Executive of the Maritime Industry and is also actively involved in numerous joint industry projects. He holds a BEng and MSc from Imperial College and University College London, respectively.

This Module Aims to:

√ To provide an overview of modern shipping business and management, including commercial, technical and human functions.

√ To provide knowledge of shipping management at a company level.

√ To introduce management concepts, models and tools applicable to shipping companies.

√ To examine the organizational and strategic dynamics of business units in a context of shipping companies, ship-management structures, and performance management methodologies.

This Module Aims to:

√ To provide an overview of modern shipping business and management, including commercial, technical and human functions.

√ To provide knowledge of shipping management at a company level.

√ To introduce management concepts, models and tools applicable to shipping companies.

√ To examine the organizational and strategic dynamics of business units in a context of shipping companies, ship-management structures, and performance management methodologies.

What you’ll learn

At the end of the module the learner will be able to:

Demonstrate a systematic understanding of the functions of management: planning, organizing, staffing, leading and controlling;

Evaluate managerial theories and practices in a marine environment;

Develop a conceptual understanding of management’s critical role in reinforcing the areas of people management best practices;

Critically assess practical ways in which managers can ensure the various codes, standards and management systems requirements have real impact beyond compliance and can enhance business performance for a shipping company in terms of the office and the ships;

Apply ESG (Environment, Social, Governance) principles to a shipping business within a management systems approach.

Develop personal effectiveness in terms of managing a shipping business and reflect constructively on their own learning experience for future decision-making skills.

ASSESSMENT STRATEGY

Based on the Programme Specification, students are formally assessed through the submission of coursework. The forms of coursework depend on the characteristics of each module and may include the following types of assessments: case study, essay, report, dissertation, market analysis, project output, valuation, etc.

In addition each module incorporates multiple self-assessment tests. Self-assessment tests are not part of the formal assessment but completion is strongly encouraged as students will be able to monitor and evaluate their learning process and identify areas requiring improvement.

What you’ll learn

At the end of the module the learner will be able to:

Demonstrate a systematic understanding of the functions of management: planning, organizing, staffing, leading and controlling;

Evaluate managerial theories and practices in a marine environment;

Develop a conceptual understanding of management’s critical role in reinforcing the areas of people management best practices;

Critically assess practical ways in which managers can ensure the various codes, standards and management systems requirements have real impact beyond compliance and can enhance business performance for a shipping company in terms of the office and the ships;

Apply ESG (Environment, Social, Governance) principles to a shipping business within a management systems approach.

Develop personal effectiveness in terms of managing a shipping business and reflect constructively on their own learning experience for future decision-making skills.

ASSESSMENT STRATEGY

Based on the Programme Specification, students are formally assessed through the submission of coursework. The forms of coursework depend on the characteristics of each module and may include the following types of assessments: case study, essay, report, dissertation, market analysis, project output, valuation, etc.

In addition each module incorporates multiple self-assessment tests. Self-assessment tests are not part of the formal assessment but completion is strongly encouraged as students will be able to monitor and evaluate their learning process and identify areas requiring improvement.

FAQs

1

Assess the different stages of crafting, executing and reviewing a strategy.

2

Critically evaluate how these functions are applied in shipping.

3

Apply performance monitoring and management in the shipping context.

4

Evaluate Commercial Shipping Management Strategies.

Your tuition covers:

HD films per course, your own e-book, 24/7 support, professor video calls 3 times per month, extra webinars by Shipping industry titans

1

Good command of the English Language via IELTS, TOEFL or any other internationally approved English language certification.

2

Employer/Professor recommendation.