WMU Postgraduate Diploma in Executive Maritime Management

General information

Managers in today’s extremely competitive maritime industry need to cope with ongoing technical, regulatory and commercial developments. They must also be able to anticipate future developments and act proactively. It is essential that they have up-to-date skills and comprehensive knowledge if they want to retain their competitive edge.

This Postgraduate Diploma has been designed to provide a “boot camp” for managers. Drawing on the strengths and expertise of WMU and DNV GL, it addresses current topics of critical importance in the maritime industry with a blended learning approach to operational, commercial and technical issues.

Method of delivery

The programme lets you choose the method of delivery that best meets your needs:

  • classroom learning,
  • distance learning
  • a blend of the two.

Classroom learning takes place in selected DNV GL Maritime Academies worldwide, while distance learning is via the latest e-learning systems and can be completed from any location globally.

Programme partnership

The Postgraduate Diploma is offered by the World Maritime University (WMU), founded by the International Maritime Organization (IMO), a specialized agency of the United Nations, and by DNV GL, the world’s largest ship and offshore classification society.

The programme combines the knowledge and experience of two world class institutions. The partnership between WMU, offering academic and research expertise, and DNV GL, contributing experience of best practice in the industry, makes this programme truly unique.

How to choose the best option. There are three options to choose from: Option 1 starts first in Piraeus followed by Option 2 in Singapore and lastly Option 3 in Dubai. All three options provide exactly the same content.

But how do you know which option is best for you?
Start by asking yourself a simple question: Do I want to participate in the programme exclusively via distance learning?

If “yes”, then check the dates of the three different options and choose the one that fits your individual time planning the best. As you will be taken the diploma from your location, you do not need to consider the city in which the classroom learning is taking place.
If you answer “no” to the question above and decide to include classroom learning in your option, then you will have the opportunity to meet the instructor and fellow students. Each module is three days long and the dates can be found in the table above. You may consider the closest geographical location to you, or the one that suits your time planning the best.
If you cannot decide on one or the other, we have aligned the distance learning and the classroom learning within one option, so that you are still free to change the mode of delivery within a selected option. This gives you flexibility to decide for each module along the programme.
The programme commences annually in August and is comprised of five modules which can be completed in one or two years.

Modules:

1. Setting the scene. Contemporary Global Maritime Regulatory and Management Issues in the Shipping Sector
This module examines the issues and challenges associated with the global maritime and regulatory environment in the shipping sector. You will examine the challenges and trends in maritime markets, and gain an understanding of maritime corporate and economic driving forces.
This module will address leadership culture in the field of maritime conventions and expertise in public relations and communications. It will also introduce and build awareness of, and confidence in, some of the key tools in the sector, including maritime and ocean governance, and maritime spatial planning.

2. Remaining competitive in a changing market. Strategic Financial Tools
This module examines the challenges and issues in today’s maritime sector, in terms of the financial management and investment appraisal, the availability of bank finance and the bank credit analysis as well as the alternative sources of ship finance, including Asian financing, Export Credit Agencies, private and public equity, high-yield bond markets and mezzanine ship finance. Advanced knowledge of shipping financial management and the impact of economic variables on the financial operations of shipping business organizations are analysed. You will receive in-depth training through several hands-on exercises and case studies, in order to enable you to develop, appraise, negotiate and select alternative shipping projects.

3. Managing resources. Human Resource Management, Organizational Processes and Leadership in a Maritime Context
This module provides a fundamental understanding of the nature of organizations and the processes inherent in them. It increases an appreciation of the role of humans in organizational settings and the significance of leadership. Furthermore, styles of leadership and the associated effects on organizations are examined. Trends and issues of international maritime labour are part of the discussion in the module. Finally, a review of the importance of ethics and corporate social responsibility in contemporary maritime affairs is conducted.

4. Mastering complexity. Effective Management of Safety, Security and Risk
This module explores three fundamental concepts – safety, security and risk – at the heart of the modern maritime domain. You will learn about various safety and security challenges, and how to identify them. The module will equip you with the knowledge and tools necessary to competently tackle key issues and relevant challenges faced by the global maritime sector today. From port state control to piracy, you can expect to be well versed in all issues faced by maritime administrations and authorities around the world. This module will hone your personal and corporate skills, and significantly improve your maritime industry credentials.

5. Staying ahead of the curve. Maritime Environmental Technology, Sustainability and Challenges
Although seaborne transportation is the most environmentally friendly mode of transportation, environmental impacts brought about by shipping activities, e.g. air emissions from international shipping or waste created in the shipping processes, have been under increased scrutiny. The IMO (International Maritime Organization) has introduced new mandatory regulations such as the Ballast Water Management Convention, Antifouling Convention and MARPOL Annex VI. This environmental pressure coupled with volatile and high fuel prices has changed the market and become the trigger for innovative technologies and solutions.

This module focuses on environmental aspects of the shipping industry – from energy efficiency to ballast water management, along with relevant technologies and challenges faced in the aim of achieving sustainable maritime development. It examines environmental issues, associated present and expected legislation, and the available and expected options to address the issues with their associated pros and cons as well as management aspects of implementation and monitoring.

Learning outcome:
  • Explain the fundamental principles of contemporary maritime and regulatory issues
  • Analyse the challenges and trends in maritime markets
  • Discuss the corporate and economic driving forces in the sector
  • Describe the imperatives behind public relations and communication in the sector
  • Discuss the fundamentals of maritime and ocean governance
  • Discuss the management tools, with a focus on maritime spatial planning
  • Understand the new UN sustainable development goals and the trend towards ocean sustainability
  • Appraise the ship finance sector in terms of markets, participants, sources of ship finance, current trends and future challenges
  • Implement financial analysis for investment in the shipping industry
  • Analyse the cost of capital and the capital structure of maritime organizations
  • Develop a deep understanding of shipping bank processes when extending a shipping loan facility
  • Evaluate alternative sources of capital for shipping projects
  • Evaluate the appropriateness of private and public equity and high-yield bonds
  • Understand fundamentals of individual and group processes and how they relate to management and organizational behaviour
  • Explore human resource management theory and applications in the maritime industry
  • Explore leadership theory and applications in the maritime industry
  • Appreciate ethics and social responsibility from a corporate/organizational perspective
  • Identify key safety and security issues relevant to the maritime domain
  • Evaluate the risk associated with various maritime safety and security scenarios
  • Understand the role of various IMO conventions (SOLAS, MARPOL, STCW, SAR), codes (ISM code, ISPS code) and instruments (III) in mitigating the risk of safety and security challenges
  • Apply the aforementioned IMO tools in practice
  • Apply thorough FSAs (Formal Safety Assessments) and propose risk management / control measures for a variety of situations that arise as a result of poor safety or security
  • Understand and apply industry state-of-the-art risk assessment and management tools to a selection of scenarios
  • Appreciate the core concepts of accident investigations and understand the importance of thorough investigation from a risk management perspective
  • Realise the value of a socio-technical system approach and complexity thinking applied to shipping
  • Explain environmental and economic pressures, air emissions (pollutants and GHGs), externalities and international responses
  • Describe energy management in the maritime industry and MARPOL Annex VI (Chapter IV), and energy efficiency options during ship design and operation
  • Discuss alternative fuels and marine renewable energy
  • Discuss life-cycle considerations of retrofitting and decision making under trade-off situations
  • Describe ballast water and bio-fouling management as well as waste management
  • Discuss oil pollution and recycling, and anti-fouling
  • Understand acoustic pollution
  • Discuss innovation and future shipping
Contact Person: (exec.pgd@dnvgl.com )

Content

The highlighted icons, represent the fields of education (in compliance with ISCED Classification) engaged during this course/programme.

0031 - Project management", "0312 - Policy and governance", "0413 - Logistics and shipping operational management", "0421 - Marine and maritime law

Venue

Venue: World Maritime University (Degree awarding University)
Malmö, Sweden

Application


Cost:

Depending on the mode of delivery you choose, you can calculate the total cost of the Postgraduate Diploma programme based on the following fees:

  • Distance learning: € 1,380 per module
  • Classroom learning: € 1,660 per module

For the classroom delivery the fees include the full lecture notes. For the distance learning mode you will have access to the e-learning platform. The fee does not cover your travel costs and accommodation.
During the programme, you will receive two invoices. The first will be sent upon registration, at the start of the programme, and will cover the first two modules. The second invoice will be sent before you start the third module.
For more than two participants from the same company, a 10% discount per participant is offered.

Study material. For the classroom delivery, all lecture handouts will be printed. For the distance learning mode, you will have access to the e-learning platform. Access to the WMU online library is available in both modes of delivery.
Additional materials such as books, articles and other recommended readings not available through WMU’s e-library are not included in the module fees.


Prerequisites:
  • A minimum of five years’ work experience
  • Bachelor’s degree in a relevant discipline or a Master Mariner / Chief Engineer qualification
  • English language ability (both written and spoken):

         TOEFL score 80+ or IELTS score of band 6.0+ or Cambridge Proficiency Examination (CPE) or another qualification (e.g., GCE O-level, WAEC, CXC) deemed equivalent           by the Admissions Board.


Application Procedure:

next intake commences autumn 2017 and will close in the end of July.


Grant Opportunities:

For more than two participants from the same company, a 10% discount per participant is offered.


Regulations:

The PgDip will be assessed and awarded by WMU and is jointly developed with DNV GL’s Maritime Academy, who will administer the enrolment and manage the delivery of the PgDip.

Qualification

Academic level: Lifelong Learning

Assessment:

Each of the five modules is individually assessed via an online examination. Either following the distance learning or in the classroom learning, you have to pass the same examination before moving to the next module. All examinations will be assessed by the instructors, using the same criteria as in the WMU Masters Programme.


Credits:
Scheme: 
ECTS
Value: 
40
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