The primary aim of the MSc in International Shipping and Finance (ISF) is to address the educational needs of the rapidly evolving, highly competitive and capital intensive shipping industry, by bridging the gap between academic theory and business practice.
The programme is designed to provide a unique educational experience that combines research-led, technically advanced teaching by world-renowned academic faculty and senior industry practitioners. The shipping industry itself is highly involved in shaping its structure and contributing to its delivery as well as the career development of its participants. The delivery of this programme is based on a practice centred, hands-on approach. The ultimate objective is to ensure that graduates are equipped with the knowledge, technical expertise and skills required by major employers in the sector.
You will gain an in-depth understanding of how the shipping and financial markets interact and complement each other. You will specialise in the analysis of shipping markets and cycles, maritime trade patterns and commodities carried by sea, chartering and ship-broking practices, maritime logistics systems, legal aspects in shipping, the selection of alternative shipping finance and investment methods as well as the development, implementation and appraisal of shipping related risk management strategies. You will also gain exposure to securities trading, corporate transactions, valuation, investment strategies and quantitative techniques.
Students on the MSc ISF programme also benefit from our partnership with Spinnaker Global as well as memberships of Maritime London and the Baltic Exchange offering them the opportunity to register as associate members during their study.
October – December: Part 1 Autumn Term
January: Part 1 Exams
January-April: Part 2 Spring Term
May – June: Part 2 Exams
June – August (12 month programme only): Part 3
August/Sep (12 month programme only): Part 3 Coursework deadlines
Part 1 compulsory modules
Part 2 compulsory modules
At ICMA centre
Part 2 optional modules (at ICMA centre)
Students on the 9-month (12-month) programme can select 40 (20) credits from the following modules:
Part 3 optional modules
Students on the 12-months programme should take 20 credits from the following:
Students will be resident and undertake full-time study in the UK. Under both, the 9 and 12-month programmes students take compulsory and/or elective modules in Part 2.
The 12 month option involves taking an elective 20 credit module between July and August, which would also mean a 20 credit reduction in the number of taught modules taken in the spring term.
After completion of the programme you will be well equipped with the knowledge for a successful career in the shipping/ transportation industries, as well as in the wider finance sector.
On average more than 90% of our graduates are in work or further education 6 months after graduation.
Indicative career paths for our graduates are ship-owning and transportation companies, ship-broking/chartering firms, shipping divisions of investment banks, shipping analysis/consulting firms, ship-finance arrangers, port operators, and shipping-related investment funds, among others. The wide curriculum of the programme will also enable you to consider careers in the global investment banking and securities markets.
Internship opportunities with leading companies in the shipping industry are available to outstanding MSc ISF graduates. A number of companies have joined our work placement scheme and offer work experience placements to some of our excellent graduates (subject to successful interviews and work permits where applicable). Additional placement and full time opportunities in the shipping industry are also made available to our students on an ad-hoc basis .
Career Advisory Partnership
Along with a full range of career advisory and professional development services available to our students from our dedicated Henley Careers team, students will also benefit from our partnership with Spinnaker Global, the leading shipping recruitment consultancy. As part of our collaboration Spinnaker provides career advice and support to our students and promotes their profiles internationally for internship and full time opportunities.
Institute of Chartered Shipbrokers (ICS) Professional Qualification
The programme is accredited by ICS and our students are eligible for 3 exam exemptions from the ICS qualification, which is the maximum number of exemptions offered by the institute. The 3 exemptions offered are for the ICS modules:
Our successful graduates have to take only 4 out of the 7 ICS exams to qualify for the ICS membership.
ICMA Fixed Income Certificate
To obtain the requisite knowledge to pass the rigorous FIC exam, students are required to take the ICMA Centre Fixed Income Cash and Derivatives Markets module at Part 2. In order to receive the FIC certificate, students will need to register and pass the FIC exam through ICMA.
Visit our website for more information on fees, scholarships, postgraduate loans and other funding options to study Oil and Gas Law at Swansea University - 'Welsh University of the Year 2017' (Times and Sunday Times Good University Guide 2017).
The business of hydrocarbon energy supply remains one of the most fundamental aspects of global commerce and natural resources law in the modern era. It is not limited to exploitation of petroleum but encompasses many different aspects of law and business, from protecting the intellectual property rights of new oil and gas technology, to complex joint venture contracts, and to compensation regimes for pollution liability.
Students pursuing the LLM in Oil and Gas Law have the opportunity to study an impressive and diverse choice of subjects of relevance to this growing area of law, enabling them to study and understand the complex legal features of the petroleum industry.
The LLM in Oil and Gas Law course is built upon the wide range of high calibre research produced by the members of the Institute of International Shipping and Trade Law, who are also teaching at the LLM in Oil and Gas Law. Teaching is research-led and practice-driven aiming at producing global graduates educated and equipped for distinguished personal and professional achievement. Teaching methods are geared towards our students’ needs, conducted mainly through seminars and tutorials in small classes.
The LLM in Oil and Gas Law requires commitment to study throughout one calendar year. Students are given the opportunity to develop a number of important skills which are not only essential to those wishing to become lawyers but are valuable, transferable skills in themselves in other employment contexts. The Department of Shipping and Trade Law offers its postgraduate students dedicated resources, including IT facilities and teaching rooms. Students are fully supported by the College's dedicated Law Librarian and the Law Library holds an extensive selection of legal materials and on-line services such as Lexis and Westlaw. Students are encouraged to make full use of the facilities offered by the Postgraduate Faculty and, in particular, to take advantage of training sessions run by the Faculty, such as the legal research methods and Employability sessions, as well as of the Visiting Lectures’ series.
The LLM in Oil and Gas Law is modular, with students required to accumulate 180 credits to graduate. In appropriate circumstances, a student may graduate with a merit or distinction. Each programme is divided into two parts: Part I consists of 4 taught modules each weighted at 30 credits.
Oil and Gas Law students are required to take four modules from the following list. It is compulsory for students on the LLM in Oil and Gas to study International and Transnational Aspects of Oil and Gas Law . Students will also be required to take 3 modules from the rest of the modules listed below:
Oil & Gas Law: Contracts and Liabilities
Charterparties: Law and Practice
International Commercial Arbitration
International Trade Law
Law and Practice in International Banking and Commercial Payments
Law of Intellectual Assets Management & Transactions
Law of the Sea
Following the successful completion of the taught modules, students proceed to Part II, which is composed of two projects (LLM Research Projects). At least one of the LLM Research Projects must be written in the area of International and Transnational Aspects of Oil and Gas Law or Oil & Gas Law: Contracts and Liabilities. The LLM Research Projects will customarily be researched and written up over the summer period and are designed to enable LLM students to develop their research skills.
For further information on the modules, please visit the LLM in Oil and Gas Law page.
Throughout their studies, LLM students are provided with the opportunity to take part in a number of extra-curricular activities and enhance their practical understanding of shipping, insurance and commercial practice. Such activities include;
- employability lectures
- guest lecture series delivered inter alia by former judges, directors of international organisations and prominent partners from city law firms
- networking events, including an Annual LLM Career Fair
- visits to a number of leading enterprises within the City of London which also give our students another chance to network with professionals working in the commercial and maritime field
- mooting training throughout the year, including tailored guidance and weekly training classes
- free English language classes designed to assist you in improving your critical legal thinking and writing
The Department of Shipping and Trade Law employs two dedicated LLM employability officers who run a series of talks to develop the skills of LLM students and inform their career plans.
The Department also enjoys close links with many City law firms. For example, Holman Fenwick Willan (HFW), one of the foremost shipping and commercial law firms in the world, has very generously agreed with Swansea Shipping and Trade Law Department to sponsor the best student in Oil and Gas Law. The Institute of International Shipping and Trade Law (IISTL) provides training programmes for London City solicitors, P & I (protection and indemnity) Clubs and shipping organisations. The Swansea LLM is well known internationally. Many of our graduates secure employment shortly after completing their degrees. Several international firms keep a close relationship with the Department of Shipping and Trade Law and regularly send representatives for guest lectures and graduate recruitment purposes. Also every year the Department hosts the LLM Careers Fair which is attended by representatives from a wide range of local and international organisations. The Fair enables our LLM students to meet and talk face to face with prospective employers. For further information on the Employability initiatives, please visit http://www.swansea.ac.uk/law/shipping-trade-law-department/llmemployabilityinitiativesandresults/ and http://www.swansea.ac.uk/law/shipping-trade-law-department/llmstudentsdestinations/