Advanced Certificate in International Trade
Level 4 Equivalent
Overview of the Course
The Advanced Certificate in International Trade (ACIT) focuses on the practical aspects of International Trade and consists of four modules. On completion of the ACIT, students will have acquired and demonstrated a detailed knowledge of the principles, procedures and documentation of International Trade.
Students who have successfully passed the ACIT can apply for Associate Membership of the Institute, and are then entitled to use the suffix of AMIEx and proceed to the Diploma Qualification.
The Advanced Certificate in International Trade consists of four modules.
- The Business Environment
- Finance of International Trade
- International Marketing
- International Physical Distribution
All study is delivered through Supported Distance Learning
Course Features and costs
Features of the course include
- On-line (virtual learning) to help you understand the course subjects
- Telephone/e-mail support, so you keep in touch with your tutor
- Assignments with on-line self test quizzes which you will have to complete for each aspect of the qualification, to prove that you have understood each subject
- Webinars and conference calls to assist you
- On-line café
- Past assessment papers
Time: Approx. 68 Hours each of 4 Topics over a 12-18 month period*
Location: Online Tutor supported Distance learning
Sessions: study is supported by online tutors, webinars, video sessions and learning materials online
Course fee: £1275.00 (£1375.00 from 1 March 2015)
+ £60.00 pa (£57.50 if you pay by Direct Debit) Student Registration
+ Assessments - £115.00 per module. (£130.00 from 1 March 2015)
*as per the suggestions of the Academic Board. Hours of study are recommendations only and will vary from student to student
You can enter the Advanced Certificate 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
What will I study?
1. The Business Environment
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
2. Finance of International Trade
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.
3. International Marketing
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.
4. International Physical Distribution
list the main elements of the export order process from the original enquiry to payment collection; describe the roles of the main third parties involved in international trade i.e. carriers, forwarders, Customs, banks, insurers etc.; tabulate the main elements of an export quotation in the form of a pro-forma invoice; identify the cost elements in a DDP export price; list the main methods of international transport and the factors which affect their selection; explain the functions of Bills of Lading, Waybills and Certificates of Shipment; describe the requirements of HM Customs & Excise regarding export and import declarations; list the different types of export invoices used and the importance of description, origin and value to Customs authorities; explain the basic operations of cargo and credit insurance policies; list and explain the operation of the various methods of payment used in international trade.
Request an application form ACIT APPLICATION REQUEST
or download the application form below