This website uses cookies to store information on your computer. Some of these cookies are used for visitor analysis, others are essential to making our site function properly and improve the user experience. By using this site, you consent to the placement of these cookies. Click Accept to consent and dismiss this message or Deny to leave this website. Read our Privacy Statement for more.
Print Page | Contact Us | Sign In | Join Us
Level 5 Diploma in International Trade
Share |

image of globe with mortar board and diploma

 

The Level 5 Diploma in International Trade (DIT) examines the ability of the student to manage the broader managerial aspects of International Trade and make the right decisions when problems arise.

The level 5 Diploma in International Trade is the core strategic 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.

On successful completion of the Level 5 Diploma, students will qualify for Graduate Membership of the Institute and will be entitled to use the suffix of MIEx (Grad).

The Level 5 Diploma in International Trade consists of four modules.

You can now claim government grant funding to cover up to £2250 of the cost of this qualification. Find out more

 

Entry Requirements

19 years of age or over and successful completion of the Level 4 Diploma in International Trade (formerly Advanced Certificate in International Trade/ACIT). Candidates with an existing Degree from a recognised University and / or more than 5 years’ experience in international trade will be considered for direct entry to the level 5 Diploma.

If you have not previously been awarded the Level 4 DIT/ACIT qualification but wish to proceed direct to the Level 5 Diploma, please speak to the Professional Qualifications department on 01733 404400 or email course.enquiries@export.org.uk

Modules

This module will enable students to develop marketing strategies including market selection, market entry, the marketing mix and organisational aspects relating to international marketing. Students will learn how to identify the strategic decisions required for international marketing operations, outline planning processes and explain the strategic issues involved in selecting and entering international markets. Students will be able to explain the relevance of organisational structures, evaluate appropriate methods of trading and marketing internationally, manage effectively the elements of the marketing mix and successful market development.

Learning Outcomes

On completion of this module the successful student will be able to:

1. Understand the importance of marketing strategies when trading internationally

2. Understand the essential components of a marketing strategy when trading internationally

3. Understand the importance of strategic planning when developing international markets

 

Assessment Criteria

1.1 Evaluate the importance of a robust export marketing plan for trading internationally

1.2 Critically evaluate the marketing mix strategies when trading internationally

1.3 Discuss the importance of managing cultural differences sensitively when trading internationally

2.1 Discuss the essential factors of a marketing strategy when trading internationally

2.2 Critically evaluate the control and evaluation of marketing plans when trading internationally

2.3 Discuss how the organisational structure affects the development of a marketing strategy when trading internationally

3.1 Discuss the importance of strategic planning when developing international markets

3.2 Analyse the suitability of different types of markets when developing a marketing strategy for international markets

3.3 Discuss investment issues when developing a market strategy for international markets

This module has been designed to provide a broad knowledge and understanding of the role and importance of logistics in an international context. It will focus on areas of international logistics and purchasing processes, such as cost-effective means of exporting and importing, management and planning of Customs regulations and facilitation of logistics and supply-chain systems. By the end of this module, students will be able to maximise the effectiveness of an organisation’s distribution strategy and global sourcing policy and be able to confidently approach UK import and export regulations.

 

On completion of this module the successful student will be able to:

Learning Outcomes

1. Understand the importance of having robust logistics and distribution strategies when trading internationally

2. Understand the importance of developing robust quality systems when purchasing and trading internationally

3. Understand the importance of robust materials handling activities when trading internationally

4. Understand import and export procedures when trading internationally

 

Assessment Criteria

1.1 Evaluate the importance of performance measures in developing robust logistics and distribution strategies

1.2 Discuss how the organisational structure affects the development of good business processes when trading iternationally

1.3 Discuss the importance of having robust quality management systems when trading internationally

1.4 Analyse environmental concerns when trading internationally

2.1 Critically evaluate the importance of establishing terms and conditions when purchasing and trading internationally

2.2 Critically evaluate the role of insurance, transport and payment terms when purchasing and trading internationally

2.3 Analyse local and international standards in sourcing and dispute resolution when purchasing and trading internationally

3.1 Critically evaluate the role of materials handling and packaging

3.2 Analyse and evaluate information systems for materials handling activities

3.3 Critically evaluate warehousing functions when trading internationally

4.1 Discuss Revenue and Customs procedures and documentation in own organisation

4.2 Discuss export and import regulations

4.3 Analyse the impact of international and EU compliance requirements when trading internationally

This module has been designed to enable students to use appropriate techniques of corporate strategy and management in an international context, such as identifying and setting up effective structures for corporate management, explaining the importance of international financial strategies and pricing policies, recommending suitable sources of trade finance, managing the risks of currency trading and suggesting appropriate methods to establish effective business development.

 

On completion of this module the successful student will be able to:

Learning Outcomes

1. Understand the importance of having robust business development processes when trading internationally

2. Understand the importance of developing robust pricing policies that are supported by organisational financial strategies

3. Understand the importance of corporate management systems to successful international trading

 

Assessment Criteria

1.1 Evaluate the importance of the power of brands in developing international trade

1.2 Discuss the role of recruitment and selection of staff and the use of local resources when trading internationally

1.3 Discuss the importance of communicating globally and the role of relationships and networking

2.1 Critically evaluate attitudes to risk and return on capital when trading internationally

2.2 Analyse the range of finance and insurance options when trading internationally

2.3 Discuss multi-currency trading in relation to trading internationally

3.1 Analyse management structures in relation to cultural sensitivities

3.2 Critically evaluate attitudes to exchange rates, risks, corporate taxation and VAT in the context of trading internationally

3.3 Analyse the organisation of payment and banking settlement options when trading internationally

Drawing from the knowledge, skills and learning gained from Level 4 and Level 5 modules, students are required to select and propose a work-based project which involves an international trade issue or problem. With tutor support and self-directed research, students are required to investigate, analyse and provide managerial recommendations in the form of a professional, written report.

Leaning Outcomes

1. Demonstrate how to assess an international trade issue

2. Demonstrate how to manage the implementation of an international trade project

 

Assessment Criteria

1.1 Assessment of an international trade issue using your business, or a business, with which you are familiar

1.2 Collect, record, analyse and interpret data in a logical and informed manner

1.3 Develop and evaluate a range of recommendations and conclusions

2.1 Negotiate, plan, research and carry out a programme of learning and assessment in an area of international trade

2.2 Transfer the appropriate knowledge and skills learnt from a range of international trade subject areas

2.3 Work through self-directed study, with minimal supervision to complete a written project report

Study Commitment

As a guide you should expect to study for around 82 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. Assessments usually comprise a 3000 word report (4000 words for the Practical Global Trading module assessment) linked to the practical application of international trade procedures in the working environment – students have 6 weeks to research and complete the assessment.

Fees

Enrolment fee £1975

Student Registration (two years student membership) £236

Assessment fees (per module, not required to be paid until assessments are taken) £150

Alternatively, you can take specific modules individually priced at £600 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

 

book icon View our Qualifications brochure

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

 

 

holding a globe

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