Diploma Programme

Module 2: Finance of International Trade
This module is designed to provide you with an understanding of
the keys to profitability in business and the most appropriate sources of
finance to maximize such profits. In addition to covering the working capital
cycle in international trade, the management of cash flow and effective
business financial structures, it also takes a detailed look at a number of
trade instruments such as Documentary Letters of Credit and Bonds &
Guarantees. During this module, you will be required to evaluate and
attempt to reduce the various risks that can arise in international trade,
including exchange rate risk and country and buyer credit risk, as well as to
choose and operate the most appropriate methods of payment for a given
international transaction.






LEARNING OUTCOMES Access this Module




By the time you have finished this module you will be able to:Understand the impact of a payment process on the finances of a
company trading internationally across borders. Understand the range of options currently available
to finance international trade and export.Understand the main financial risks attached to
trading internationally across borders.

Module 2: Finance of International Trade
This module is designed to provide you with an understanding of
the keys to profitability in business and the most appropriate sources of
finance to maximize such profits. In addition to covering the working capital
cycle in international trade, the management of cash flow and effective
business financial structures, it also takes a detailed look at a number of
trade instruments such as Documentary Letters of Credit and Bonds &
Guarantees. During this module, you will be required to evaluate and
attempt to reduce the various risks that can arise in international trade,
including exchange rate risk and country and buyer credit risk, as well as to
choose and operate the most appropriate methods of payment for a given
international transaction.






LEARNING OUTCOMES Access this Module




By the time you have finished this module you will be able to:Understand the impact of a payment process on the finances of a
company trading internationally across borders. Understand the range of options currently available
to finance international trade and export.Understand the main financial risks attached to
trading internationally across borders.

Please go to this page to resit the exam for Module 1: The Business Environment.

This web-page includes various resources aiming to help participants become more effective writers, using practical examples and exercises. Topics include: academic writing, plagiarism (and how to avoid it), Harvard referencing and in-text citations.

Module 1: The Business Environment
This module is designed to provide you with a broad knowledge and understanding of the conditions under which international traders must operate their business, as well as how businesses are affected by changes in the political, economic, social, and technological environment, both within Nigeria and internationally. You will also be provided with a basic knowledge of the law relating to international trade with a focus on the law of contract, sale of goods and agency law. 






LEARNING OUTCOMES Access this Module




By the time you have finished this module you will be able to:Demonstrate the impact of a range of significant economic conditions on international trade.Understand the range of economic measures currently active in a country context.Understand the main features of law relating to international trade. Assess third-party actions from a legal viewpoint

Module 4: International Physical Distribution
This module addresses the merits of the different modes of transport, including factors relating to the choice of transport. It will provide you with an understanding of the different Incoterms, with a view to enabling you to choose the appropriate terms of a company's international business. You will also learn to manage the administration of a company’s international trade, understand a range of documents and their functions. Finally, you will learn to appreciate the need for correct packing and insurance of goods, as well as having an effective relationship with international service providers.






LEARNING OUTCOMES Access this Module




By the time you have finished this module you will be able to:Demonstrate the impact of a range of significant economic conditions on international trade.Understand the range of economic measures currently active in a country context.Understand the main features of law relating to international trade. Assess third-party actions from a legal viewpoint

Module 4: International Physical Distribution
This module addresses the merits of the different modes of transport, including factors relating to the choice of transport. It will provide you with an understanding of the different Incoterms, with a view to enabling you to choose the appropriate terms of a company's international business. You will also learn to manage the administration of a company’s international trade, understand a range of documents and their functions. Finally, you will learn to appreciate the need for correct packing and insurance of goods, as well as having an effective relationship with international service providers.






LEARNING OUTCOMES Access this Module




By the time you have finished this module you will be able to:Demonstrate the impact of a range of significant economic conditions on international trade.Understand the range of economic measures currently active in a country context.Understand the main features of law relating to international trade. Assess third-party actions from a legal viewpoint

Module 3: International Marketing
This module introduces basic marketing concepts and the principles and practices of international marketing, all while looking at the part played by culture in the sales process. You will learn to interpret the market environment, carry out appropriate research, analyse information accurately and devise effective marketing plans for the international environment.






LEARNING OUTCOMES Access this Module




By the time you have finished this module you will be able to:Demonstrate the impact of a range of significant economic conditions on international trade.Understand the range of economic measures currently active in a country context.Understand the main features of law relating to international trade. Assess third-party actions from a legal viewpoint

Module 2: Finance of International Trade
This module is designed to provide you with an understanding of
the keys to profitability in business and the most appropriate sources of
finance to maximize such profits. In addition to covering the working capital
cycle in international trade, the management of cash flow and effective
business financial structures, it also takes a detailed look at a number of
trade instruments such as Documentary Letters of Credit and Bonds &
Guarantees. During this module, you will be required to evaluate and
attempt to reduce the various risks that can arise in international trade,
including exchange rate risk and country and buyer credit risk, as well as to
choose and operate the most appropriate methods of payment for a given
international transaction.






LEARNING OUTCOMES Access this Module




By the time you have finished this module you will be able to:Understand the impact of a payment process on the finances of a
company trading internationally across borders. Understand the range of options currently available
to finance international trade and export.Understand the main financial risks attached to
trading internationally across borders.

Module 1: The Business Environment
This module is designed to provide you with a broad knowledge and understanding of the conditions under which international traders must operate their business, as well as how businesses are affected by changes in the political, economic, social, and technological environment, both within Ghana and internationally. You will also be provided with a basic knowledge of the law relating to international trade with a focus on the law of contract, sale of goods and agency law. 






LEARNING OUTCOMES Access this Module




By the time you have finished this module you will be able to:Demonstrate the impact of a range of significant economic conditions on international trade.Understand the range of economic measures currently active in a country context.Understand the main features of law relating to international trade. Assess third-party actions from a legal viewpoint