BSc (Hons) Shipping
The BSc Shipping aims at preparing students for a successful career in the contemporary business world.
The Greek shipping companies are considered to be innovative and well established firms worldwide, leading the world fleet capacity, while at the same time; shipping is a significant business sector of the Greek economy, offering many career opportunities. The growth of the economy is strongly related to the international trade. Shipping industry has a very important role to play for the continuous growth of the international economy. Shipping is interrelated with the international aspects. The Greek shipping companies achieved to maintain a leading position within the international shipping sector. They invest in various sectors of the shipping industry, providing at the same time employability opportunities worldwide.
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Level 3
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- 20 credits / YearlyEnglish Language and Study Skills A – 1This module is designed for students whose previous qualification/experience is equivalent to level A2 (CEFR). It aims to develop students’ competence to understand factual and routine information, to describe their experiences and to express simple opinions. It will also assist them to develop basic study & academic skills in order to facilitate their transition from High School to University Studies.20 credits / YearlyEnglish Language and Study Skills B – 2This module, delivered all year long, is designed for students whose previous qualification/experience is equivalent to level B1 (CEFR) 1. It aims to help students develop further their confidence in listening, reading, writing and speaking in the English language. It will also assist them to develop basic study & academic skills in order to facilitate their transition from High School to University Studies.10 creditsIT SkillsThe aim of this module is to familiarise students with basic Information Technology software and concepts, enhancing their academic skills. Furthermore, fundamental knowledge and efficient skills on Microsoft Windows functions and tools, as well as on word processing, spreadsheet and presentations software are key learning outcomes. Additionally, the role of malicious software will be discussed.20 creditsIntroduction to ShippingLessons in commercial geography, international trade, international organizations, cargoes, trade routes, ship types and shipping practitioners set the scene for those unfamiliar with the basic make-up of the shipping industry. Further study on practical working elements of ship registration, classification, equips students with the technical know-how to effectively operate in shipping business.20 creditsIntroduction to EconomicsThis module introduces students to economics. It provides an overview of microeconomic issues, the theory of the firm and the theory of the markets. Concepts such as scarcity, choice, price mechanism, demand, supply, the firm’s production and cost, as well as markets structure are also introduced and discussed.10 creditsQuantitative SkillsAssuming a minimal background in mathematics, this module enables business students to acquire the appropriate conceptual and computational mathematical background for future study in business. In order to provide a better understanding of the mathematical concepts, the module follows the logic of the development of mathematics rather than that of an economics course.20 creditsMarine Cargo OperationsThe purpose of this module is to focus on the ship operation techniques, cargoes’ properties and trade routes emphasising on the practical aspects of the subject. It also provides overview of the sea transport industry.20 creditsShipping PracticeThe purpose of this module is to focus on the ship operation techniques, emphasising on the practical aspects of the subject. It also provides overview of the sea transport industry.
Level 4
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- 20 credits / YearlyAcademic English and Personal Development AThis module is designed to equip students, whose previous qualification/experience is equivalent to level B1(CEFR),with key transferable as well as English language skills that will enable them to succeed in a competitive academic and managerial setting and cope with the increasing trend toward independent study and lifelong learning.20 credits / YearlyAcademic English and Personal Development BThis module is designed to equip students, whose previous qualification/experience is equivalent to level B2 (CEFR), with key transferable as well as English language skills that will enable them to succeed in a competitive academic and managerial setting and cope with the increasing trend toward independent study and lifelong learning.10 creditsIntro to Shipping LawThe module offers an introduction to the maritime law and it combines basic principles of contract, property and legal issues related to the carriage of goods by sea.10 creditsShipping OperationsThe purpose of this module is to focus on the ship operation techniques, emphasising on the practical aspects of shipping operations. The student will gain knowledge and understanding of the development of shipping operations such as Voyage instructions, Cargo operations, Port arrangements, Vessel’s repair and maintenance, Port agents and Budget control.10 creditsMaritime EconomicsThis module focuses on shipping market economics. It provides students with an understanding of how the shipping market is organized. It addresses how freight rates are determined with specific attention on shipping cycles, competition theory and cost structure.10 creditsMaritime PolicyThe module provides the students with an in-depth insight of the international and national maritime policies. Emphasis is placed on IMO adopted policies as well as on regional policies affecting the Greek shipping industry. Problems regarding policy differences on a regional or country level are examined.10 creditsQuantitative AnalysisThis module enables students to understand the importance of business information in decision making and to provide them with the statistical and computational skills required in a business environment.10 creditsShipping ManagementThis module introduces students to the fundamental principles of management. The sound knowledge of management principles is essential for effectively running a company. However the particularities of shipping enterprises require an additional study of the role and function of their main departments such as operations, claims, chartering, technical, supplies, accounts and disbursement and their interaction.10 creditsCarriage of Goods by SeaThe module gives students a practical understanding on topics of Carriage of Goods by Sea, with emphasis to the implications of legal decision on charter party wording. Students deal with application of Hague, Hague/Visby and Hamburg Rules to various shipping contracts. By the end of the module, students will be able to know their practical use and they will be able to deal with legal issues arising from their application.10 creditsPrinciples of AccountingThis module is an introduction to accounting. It presents and explains the relative accounting, reporting systems, controls and compliances, the main bookkeeping principles and how the financial statements are prepared. It analyses an organisation from accountant’s side, relationships with its shareholders/stakeholders and external environment. Finally, it provides a short introduction to professional ethics in accounting.20 credits / Please refer to the list of optional modules below
Optional Modules (Level 4)
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- 20 credits / YearlyForeign Language I (Chinese I or Spanish I)This module is designed for beginners with no previous knowledge of Chinese or Spanish. Students will learn to interact in a simple way about everyday needs and communicate using spoken and simple written language in a very narrow social or working environment.10 creditsManagementThis module introduces students to the management function. It focuses on the theory and fundamental concepts of management, including planning, organisation, leadership, and control. It also reviews the evolution of management thought, function and practice and stresses current approaches and emerging concepts. The module exposes students to entrepreneurship and the role of an entrepreneur.10 creditsPrinciples of MarketingThis module explores the basic principles of marketing and their applications in the contemporary business environment. It describes the basic concepts and techniques that align with the adoption of a marketing philosophy in business, and explains the primary analytical tools that can be used for the design, implementation and control of a successful marketing plan.
Level 5
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- 10 creditsChartering and Voyage EstimationThe module is designed to provide, to enhance and develop knowledge of the chartering procedures (dry cargo and tanker), taking into consideration all parties involved in the process. It focuses on: Parties involved; market reports; freight indices; offers and counteroffers with all relevant details; negotiations; recapitulation; voyage estimation; charter party types; drawing up charter parties; common clauses.20 creditsShipping LawThe module is concerned with various legal issues of the shipping industry incorporating new statutes and acts, as well as amendments of jurisdictions of courts.10 creditsMaritime Accounting & Financial Statement AnalysisThis module provides knowledge on specific issues related to the accounting and financial activities of the shipping companies. Students understand the special accounting procedures (recording, reporting and disclosure) applied for these specific issues. Students get familiarised with techniques used in analysing and interpreting the financial statements of shipping companies.10 creditsHuman Resources Management in ShippingThis module introduces students to the role of the Human Resource Management function in the context of the modern shipping organisation both on an individual basis and in terms of the human aspects of decisions, including the need for all managers to understand the issues arising by managing people. The module focuses on human resource management aspects relevant to the maritime industry on board and ashore.10 creditsChartering and Lay time CalculationThe module is designed to provide an enhanced knowledge and develop understanding of the charter party drafting process. The Module focuses on lay time calculation and advanced understanding of the charter party clauses with comparison to the wording of different charter parties.10 creditsShipping FinanceThis module focuses on the introduction and familiarization of the students with the main principles and techniques of shipping finance as well as the core shipping investments strategies that are followed today by the market players.10 creditsAdvanced Maritime EconomicsThis module further enhances into shipping market economics. It provides students a thorough knowledge and analytical tools of how the shipping market is organized. It addresses how the prices and freight rates are determined with specific analysis of the main shipping markets. Specific attention is given to shipping cycles, competition theory and cost structure.20 creditsMarine InsuranceThe module gives students an overview and indebts analysis of Marine Insurance. Emphasis is given to the analysis of the Institute Hull, Cargo and Freight clauses and to the particular issues arising from their interpretation to their application. They deal with Particular (total and partial), General Average, related measure of indemnity and they understand how Institute Clauses and York-Antwerp Rules work in practice.20 credits / Please refer to the list of optional modules below
Optional Modules (Level 5)
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- 20 credits / YearlyForeign Language IΙ (Chinese II or Spanish II)This module is designed for students whose previous qualification/experience is equivalent to level A1 (CEFR) or as a progression from Chinese I or Spanish I. This module aims to develop students’ competence to sustain conversations related to areas of most immediate relevance, to understand factual and routine information and to describe their experiences or other matters of personal interest in simple terms.10 creditsManagement Information SystemsThis module introduces students to the use of information systems and information technology in order to transform organisations and gain competitive advantage.10 creditsProject ManagementThis module introduces students to specific managerial concepts and techniques useful in project management and prepares them on developing the capabilities required for effective project management. The module therefore includes both theoretical and practical approaches in managing efficiently people/teams, finance, time and quality within a project’s predefined framework.
Level 6
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- 20 creditsStrategic Shipping ManagementThe module provides students with an analytical insight of the strategies followed by shipping companies within different shipping sectors based on the fundamentals of strategic planning and implementation.10 creditsAdvanced Shipping FinanceThis module focuses on the analysis and understanding of the common ways of financing vessels, on various financial products and their suitability to each investment type (replacement, expansion, modifications) in terms and conditions of the current international shipping market. Their advantages and disadvantages are discussed and students gain the ability to compare the products from a financier and an investor side.10 creditsShip Sale and PurchaseThe module assists students to increase their awareness in the ship sale and purchase process and comprehend its legal and practical issues.10 creditsPort Economics and ManagementThis module provides in depth knowledge and understanding of the seaports' functions, practices, administration and management. Its purpose is to deal with the economic, technical and commercial aspects of seaports' functions, organisation and management. Great emphasis is given to port authorities' practices and methods of managing a port.10 creditsLogisticsIt provides an introduction to Logistics. It defines key terms, discusses the role of Logistics, its aims and importance in the general context of supply chain. It describes current trends, and introduces some important issues, which are going to be developed as student is advancing to the next stages. Furthermore, the module analyses the logistics of the maritime industry focusing on container, tanker and bulk shipping.10 creditsInternational Maritime RegulationsIn recent years environmental and safety awareness has grown significantly making apparent that shipping corporations must be able to meet certain regulated criteria. Students participating in this module will comprehend the regulatory environment and it application.10 creditsAlternative Disputes ResolutionThe module describes a variety of dispute resolution mechanisms that are short of, or alternative to, full-scale court processes, varying from facilitated settlement negotiations (disputants are encouraged to negotiate directly with each other) prior to other legal process, to arbitration systems or mini trials similar to a courtroom process. ADR generally includes negotiation, conciliation, mediation or arbitration.20 creditsResearch Methods and Shipping ProjectThis module is designed to support students in undertaking research and produce a significant piece of independent research work in the shipping sector.20 credits / Please refer to the list of optional modules below
Optional Modules (Level 6)
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- 20 credits / YearlyForeign Language IΙΙ (Chinese III or Spanish III)This module is aimed at students whose previous qualification/experience in the language is equivalent to A2 level (CEFR), or as a progression from Chinese II or Spanish II. This module aims to improve students’ competence so that they can exchange information and express simple opinions in discussions with native speakers, understand main ideas and produce texts on familiar and routine topics.10 creditsEnvironmental EconomicsThe module deals with the efficient allocation of environmental resources. It takes into consideration issues such as the conservation and valuation of natural resources, pollution control, waste management and recycling, efficient creation of emission standards. It helps understanding how resources can be utilized efficiently, to accomplish the desired goals by weighing costs of various alternatives to potential benefits.10 creditsCoastal Zone ManagementThe management of the coastal zone has always been very critical for mankind since most human activities, particularly the last decades, concentrate on the area where the land meets the sea.
Τhe Baltic and International Maritime Council (BIMCO), is the world’s largest international shipping association, with more than 100 years of operation, and over 2,300 members residing in 130 countries. BIMCO’s core objective is to facilitate the commercial operations of its members by developing standard contracts and clauses, and providing quality information, advice and education. It further promotes fair business practices, free trade and open access to markets, as it is a strong advocate for the harmonisation and standardisation of all shipping related activities.
Given BCA’s “Associate Member” status, BCA’S student body and academic staff enjoy privileges such as access to BIMCO’s immense databases, news bulletins, market advisory, alerts, statistics, and benefits including discounts on books and publications.
Students and academic staff also enjoy privileges such as exclusive invitations to conferences, roundtable discussions and others.
INTERTANKO, the International Association of Independent Tanker Owners, was established in 1970, and is comprised of 204 members from 40 countries, which control more than 3,077 tanker vessels. INTERTANKO has been the “voice” of independent tanker owners worldwide, and is actively involved in a wide range of topics, including commercial, technical, legal, operational and educational matters, in an effort to promote the safe and efficient transportation of oil and oil products.
BCA is an “Associate Member” of INTERTANKO, a membership which is accompanied with benefits for its student body and academic staff, including free access to a range of the associations’ web-based services, its information database, weekly bulletins, advisory, market and industry alerts as well as other specialised publications, exclusive invitations to seminars, industry functions and events.
The main role of INTERCARGO (International Dry Cargo Ship-owners Association), is to work with its members, regulators and other shipping associations to ensure and promote safe, efficient, environmental friendly and profitable shipping operations. To achieve this goal, it cooperates among others with the International Maritime Organization (IMO) in formulating global legislation and regulations.
BCA is a “Reciprocal Member ", of INTERCARGO, a membership which gives its student body and academic staff benefits including access to data, market and industry bulletins and alerts, exclusive invitations to industry conferences, seminars, discounts on publications and others.
A benefit of special interest is that BCA students and academic staff are able to utilise INTERCARGO’s extensive network of contacts for study & research, and to access other organisations such as Baltic Exchange and IMO among others.
It should be noted that BCA is the first educational Institution worldwide to enjoy “Reciprocal Member” status.
The Maritime Industry Foundation is the result of a joint effort by BIMCO, International Chamber of Shipping, INTERCARGO, INTERTANKO and IMO, to promote Shipping Education and Shipping in general. It is comprised of 130 members, among which are many specialised Colleges, Government Bodies, Shipping Companies and Organisations. Through BCA’s membership with MIF, both its the student body and academic staff are privileged with unlimited access to the foundation’s data and research material, as well as excellent networking opportunities.
It should be noted that MIF operates a platform, which members can utilise to obtain knowledge and understanding of the vital role of commercial shipping and the economic, social, political and cultural aspects of the maritime industry. Additionally the platform gives its members- “Educators” -the opportunity to contribute academic work and research, thus expanding knowledge and education in this vibrant industry.
The International Propeller Club, Port of Piraeus, is part of an international business network established in 1922, with a presence in 33 cities around the world. The International Propeller Club is dedicated to the promotion of the maritime industry, commerce and global trade, through many of its programs and through establishing collaborations with organisations with shared values.
BCA is a member of the International Propeller Club, a membership which gives BCA students and academic staff the privilege of participating in exclusive functions during which they can meet and exchange ideas with executives of the maritime and business industries, and actively participate in the bolstering of business, education and social relationships among members, both at a local and at an international level.
Mr Karaoulanis Ioannis holds a Msc in Shipping from the department of Maritime Studies of the University of Piraeus (2009) and a BSc in Maritime Studies from the University of Piraeus (2005). He has been working in managerial shipping companies and in chartering companies for 12 years.
He is a BCA teaching staff since 2013, teaching shipping modules at a bachelors level, especially Introduction to Shipping, Shipping Practice, Marine Cargo Operation, Maritime Economics, Shipping Management and Chartering, while he is the BSc in Shipping Course Leader since September 2014.
His research interests are focused on Maritime Economics, Shipping Management and Chartering.
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