Finance and Operations in Global Trade
| Structure Type: | Study unit |
|---|---|
| Code: | TL00BR36 |
| Curriculum: | LT 2025V |
| Level: | Bachelor of Business Administration |
| Year of Study: | 2 (2026-2027) |
| Semester: | Spring |
| Credits: | 5 cr |
| Responsible Teacher: | Myllylä, Teemu |
| Language of Instruction: | English |
Learning Outcomes
This course provides a comprehensive overview of the financial and operational aspects of international trade. Students will explore the roles of key players, sources of domestic, EU, and international financing, and the practicalities of sales, purchasing, and contract management. The course covers trade finance mechanisms, essential documentation, transportation logistics (including Incoterms and forwarding), risk management, and customs clearance processes. Upon successful completion of the course, students will be able to: Identify the principal players and financial mechanisms involved in international trade. Analyze and apply sources of financing for international trade at domestic, EU, and global levels. Manage sales, purchasing, and contractual agreements effectively in a global context. Understand and utilize trade finance instruments and required documentation in foreign trade operations. Apply transportation logistics, including Incoterms and forwarding practices, to optimize global trade efficiency. Assess and mitigate risks in international trade, including customs clearance processes.
Student's Workload
1 ECTS credit = 27 hours of work
Prerequisites / Recommended Optional Courses
Logistics
Contents
Principal players
Financing International trade
Sources of Domestic, EU and international financing
Sales, Purchase & Contracts
Trade Finance
Documents needed in foreign trade
Transportation (Incoterms, Forwarding)
Risk management
Customs clearance.
Regional Impact
Visitors and examples from international companies operating in our region are utilized when possible
Internationality
This course provides an international dimension through diverse material examples and student perspectives. Students act in multicultural teams as part of the course. According to the possibilities connections to business life are used to provide real-life examples from the field of international business
Recommended or Required Reading and Other Learning Resources/Tools
Material provided by the teacher