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Level 4 Diploma in International Trade
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 Diploma

 

Learn about the practical aspects of international trade with our Level 4 Diploma in International Trade.

The Diploma in International Trade is the core operational qualification for international trade professionals. Designed to fit around a full-time career, with online study supported by contact with tutors, webinars, video sessions and podcasts.

You'll get a detailed knowledge of all the principles, procedures and documentation you need to know for a successful career in international trade. 

After you have passed the Level 4 Diploma in International Trade you can apply for Associate Membership of the Institute, use the suffix of AMIEx and proceed to the Level 5 Diploma Qualification.

 

Entry Requirements

You can enter the Level 4 Diploma in International Trade if you are 18 years of age or over and have 4 GCSE/GCE O Levels A-C Grades including English Language and 1 A level or equivalent OR have NVQ Level 2 in International Trade Services OR 21 years of age or over with 3 years practical experience in international trade.

Modules

The Level 4 Diploma in International Trade consists of four modules:

This module has been designed to provide a broad knowledge and understanding of the conditions under which international traders must operate their business and how business is affected by changes in the political, economic, social, and technological environment both nationally and internationally. Students 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

By the time you have finished this module you will be able to:

  • 1. Demonstrate the impact of a range of significant economic conditions on international trade
  • 2. Understand the range of Economic measures currently active in the UK economy
  • 3. Understand the main features of Law relating to international trade
  • 4. Assess customer actions from a legal viewpoint
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    Assessment Criteria

  • 1.1 Identify economic measures of a stature considered to be 'significant'
  • 1.2 Outline the effect such measures have on a nation's trade performance
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  • 2.1 Discuss the efficacy of some of the current UK economic measures
  • 2.2 Outline the likely effect such measures may have on the UK's trading position
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  • 3.1 Identify elements of law which are universal
  • 3.2 Acknowledge the importance of contract law
  • 3.3 Outline the main features of agency law
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  • 4.1 Give advice on a hypothetical legal position
  • 4.2 Recommend a legal course of action
  • This module provides students with an understanding of the keys to profitability in their business, and the most appropriate sources of finance to maximise such profits. Students are also required to evaluate and attempt to reduce the various risks that are common to all international trade, including exchange risk and country and buyer credit risk and to choose and operate the most appropriate methods of payment.

    Learning Outcomes

    By the time you have finished this module you will be able to:

  • 1. Understand the impact of a payment process on the finances of a company trading internationally
  • 2. Understand the range of options currently available to finance international trade
  • 3. Understand the main financial risks attached to trading internationally
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    Assessment Criteria

  • 1.1 Identify a range of payment options for an exporter
  • 1.2 Outline the effect such processes have on the company's trade performance
  •  

  • 2.1 Discuss the suitability of some of the current UK export assistance measures for all exporters
  • 2.2 Outline the likely effect such measures to UK companies
  •  

  • 3.1 Quantify the levels of each risk for a given contract
  • 3.2 Acknowledge the importance of risk assessment
  • 3.3 Outline the main mitigation methods
  • This module introduces the basic marketing concept and the principles and practices of international marketing developing an understanding of the part culture plays in the sales process. Students learn to interpret the market environment, carry out appropriate research, analyse information accurately and devise appropriate marketing plans for the international environment.

    Learning Outcomes

    By the time you have finished this module you will be able to:

  • 1. Understand the key marketing elements which lead to international trade success
  • 2. Apply current marketing theories to practices in international trade
  • 3. Understand effective international market research and analysis processes
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    Assessment Criteria

  • 1.1 Explain modifications to elements of the marketing mix to cater for international markets
  • 1.2 Discuss factors in overseas target markets where changes from the domestic market require a response from exporters
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  • 2.1 Explain the impact of changed marketing tools on the conduct of international trade
  • 2.2 Outline how revisions to the marketing plan impact on overall performance
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  • 3.1 Identify the differences in research practice needed to cater for the international perspective
  • 3.2 Outline any limitations in market research results caused by the international dimension
  • This module addresses the merits of the different modes of transport, including factors relating to the choice of transport, provides an understanding of the different Incoterms, and recommends the appropriate term for a company’s international business. Students will also learn to manage the administration of a company’s international trade, understanding a range of documents and their functions and appreciate the need for correct packing and insurance of goods, as well as having an effective relationship with international service providers.

    Learning Outcomes

    By the time you have finished this module you will be able to:

  • 1. Understand the regulatory framework behind the shipment of goods in international trade
  • 2. Understand the range of options currently available for the transportation of goods internationally
  • 3. Know the commercial insurance coverage available to international traders
  •  

    Assessment Criteria

  • 1.1 Identify a range of documentary options for an exporter
  • 1.2 Outline the customs processes required to export successfully
  •  

  • 2.1 Discuss the relative commercial merits of various transport options
  • 2.2 Outline the limitations associated with each mode of transport
  •  

  • 3.1 Quantify the risks covered under each insurance option
  • 3.2 Acknowledge the importance of adequate risk assessment
  • 3.3 Outline the claims process
  • Study commitment

    As a guide you should expect to study for around 68 hours for each of the four modules. The course has to be completed within 4 years, but the usual period of study is 15 months. These are recommended hours only, as the completion time will vary from student to student.

    Assessment

    Each module is completed by means of an assessment linked to the practical application of international trade in the working environment. The length of the assessments vary by module ranging from 2300 word assessments to 3000 words. Students have 6 weeks to research and complete the assessments.

    Fees

    Enrolment fee £1575

    Student Registration (two years student membership) £130

    Assessment fees (per module, not required to be paid until assessments are taken) £130

    Alternatively, you can take specific modules individually priced at £480 per module, also subject to membership and assessment fees.

     

    All study is delivered through Supported Distance Learning, with access to tutor support via phone or email. Find out more here.

     

    Register

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    To discuss our qualifications:
    Call +44 (0)1733 404400
    Email qualifications@export.org.uk

     

     

     

    Why choose an Institute of Export & International Trade qualification?

    Our career-boosting qualifications equip students with the professional and academic skills to succeed in international business.

    Learn More