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Export an import practices and procedures in foreign trade

Structure Type: Study unit
Code: TL00BE52
Curriculum: LT 2022
Level: Bachelor of Business Administration
Year of Study: 2 (2023-2024)
Semester: Autumn
Credits: 5 cr
Responsible Teacher: Pommelin-Andrejeff, Leena
Language of Instruction: Finnish

Courses During the Academic Year 2023-2024

Impl.Group(s)Study TimeTeacher(s)LanguageEnrolment
3003LT2022-2K2023-08-21 – 2023-12-24Maria KallioFinnish2023-08-01 – 2023-09-06

Learning Outcomes

After completing the course, the student
- has the knowledge and ability of handling international trade issues such as export and import management
- is familiar with drawing up the contract in foreign trade including terms of delivery, transportation and insurance
- knows the documentation in international trade as well as export and import declaration
- is familiar with different terms and methods of payment in foreign trade.

Student's Workload

Total workload 135 h including lectures and individual working

Prerequisites / Recommended Optional Courses

Entrepreneurship and Corporate Law

Contents

Internal and external trade
Contract in export and import procedures
Documents needed in foreign trade
Terms of delivery (Incoterms)
Transportation, insurances and forwarding
Export and import declaration
Terms and methods of payment in foreign trade

Regional Impact

The course content takes into account the region's businesses in the energy sector, as well as the specific features of international trade.

Internationality

The course content takes into account the region's businesses in the energy sector, as well as the specific features of international trade.

Recommended or Required Reading and Other Learning Resources/Tools

Seyoum, Belay (Author) 2008 : Export-Import Theory, Practices, and Procedures. International Business Press

ICC Chamber of Commerce (Author)-Incoterms® 2020

Reuvid,Jonathan & Sherlock, Jim 2011: The International Trade: An Essential Guide to the Principles and Practice of Export. GMB Publishing Ltd

Hinkelman, E. 2002 (or the latest version). International Trade Documentation. The Documents of Exporting, Importing, Shipping and Banking. World Trade Press.

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, group discussions and works, project assignments and project work.

Assessment Criteria

5 Utilize theories, concepts and methods consistently and professionally in various situations

3 Utilize essential concepts in single situations and assignments and understand the theories on which the assignments are based

1 Recognize and understand the essential theories, principles and methods

Assessment Methods

Classroom lectures, assignments, report of the project,examination.
Numerical (0-5)


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