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M.A International Trade

M.A International Trade

Course Overview

M.A International Trade the student is introduced to the language and terminology of international trade and major international political and economic policies that affect modern international businesses. Special attention is given to fundamental concepts of international finance, accounting, law, management, and marketing.

Course Objectives

At the end of the module, the student should be able to :

  •  Identify benefits and limitations of how global markets work
  •  Use relevant economic principles to articulate insights into policy issues of relevance to business management worldwide

Admission Requirements

Any applicant who meets the minimum entry requirements for admission into the University may be granted admission, the requirements are :

  • An A’ Level Certificate (a Degree, HND or PGD) with 2:2, Lower credit, or Pass respectively and above.
  • Transcript of the A’Level result.
  • Copy of International Passport data page.
  • A copy of CV.

REGISTRATION PROCESS

To register for any of the available courses take the following steps

  • Click on courses on the menu bar or apply now button to pick a course
  • After selecting the course, click apply now to add to cart
  • View the cart to fill the application form
  • Submit the form to go to the payment page
  • Complete the payment form and select method of payment and submit.
  • You will receive an email letting you know of your registration and your application status
  • You will be contacted by one of our admission team member to guide you on the admission.
  • After making the payment of application fee admission letter will be sent to your email with fee structure.
  • You will need to make payment of at least 70% of the tuition and acceptance fee for you to be granted access to the course applied for.
  • After making the payment an email will be sent to your email with access link to your registered course.
  • You study online and can come to school every semester for exams.

FEE STRUCTURE

Tuition per Session

Tuition Fee = 480,000

Application = 10,ooo

Acceptance = 20,000

Course kit =20,000

Administrative Charges = 60,000

Project supervision = 20,000

Convocation = 40,000

Total = ₦650,000

CURRICULUM

Section 1: SMALL BUSINESSES, JOB CREATION AND GROWTH

The variance of both profitability and growth decreases with firm size.  The second key source

of divergence is that smaller enterprises have a lower probability of survival than larger enterprises. In a normally functioning financial market, some of these differences should be reflected in higher interest rates or less favourable terms of debt financing.

 

 

HIGH-GROWTH SMES
30M Lecture

Analysis suggests that a small group of high-growth small and medium-sized enterprises (HGSMEs) make important contributions to job creation and productivity growth.  In particular, it has been shown that both job creation and job destruction tend to be concentrated:  a significant part of gross job creation is in a comparatively small number of very rapidly expanding firms and a large part of gross job destruction is in a relatively small number of rapidly contracting or exiting firms.  However, the role of, and factors influencing, growing firms is not fully understood.  A more complete understanding of high-growth firms may lead to adjustments in government policies to enhance their unique contributions to economic growth.

 

The term “SME” — small and medium-sized enterprises — covers a variety of definitions and measures.  In OECD Member countries, employment is the most widely used criterion for determining firm size.  SMEs are usually defined as firms with fewer than 500 employees, although a number of countries — including those in the European Union — use a lower cut-off point of 250.

Section 2: Logistics and distribution management

Th e key components of logistics have been an important feature of industrial and economic life for countless years, but it is only in the relatively recent past that logistics has been recognized as a major function in its own right. Th e main reason for this has probably been the nature of logistics itself. It is a function made up of many sub-functions and many sub-systems, each of which has been, and may still be, treated as a distinct management operation.

Both the academic and the business world now accept that there is a need to adopt a more holistic view of these diff erent operations in order to take into account how they interrelate and interact with one another.

Th e appreciation of the scope and importance of logistics and the supply chain has led to a more scientifi c approach being adopted towards the subject. Th is approach has been aimed at the overall concept of the logistics function as a whole and also at the individual sub-systems. Much of this approach has addressed the need for, and means of, planning logistics and the supply chain, but has also considered some of the major operational issues.

Th e changing nature of logistics and the supply chain, particularly the move by many companies towards global operations, has had an obvious impact on the relative importance of the diff erent modes of transport. In a global context, more products are moved far greater distances because of the concentration of production facilities in low-cost manufacturing locations and because companies have developed conc epts such as focus factories, some with a single global manufacturing point for certain products. Long-distance modes of transport have thus become much more important to the development of effi  cient logistics operations that have a global perspective. Th us, the need to understand the relative merits of, say, sea freight as against air freight is crucial although, for many localized fi nal delivery operations, it is still road freight transport that off ers the only real option. All of these developments serve to emphasize the need to appreciate the many diff erent facets of transport modal choice for international logistics.

Recent advances in information technology have focused attention on the importance of good information systems to support logistics and distribution activities. Th is requirement for information has always existed, but the computer has enabled the development of more sophisticated means of data storage, processing and presentation.

Information can be seen as the ‘lifeblood’ of a logistics and distribution system. Without the smooth fl ow and transfer of information, it is impossible for a distribution system to function adequately and eff ectively. To this end, it is important that an enterprise develops an appropriate strategy for its information require ments. Th is plan will need to take account of a number of diff erent objectives, from strategic planning through to operational control.

Section 3: International Business Taxation

The  taxation  of  business  profits  or  income  originates  essentially  from  the  early  part  of  the   20th   century.   As   state   revenue   needs   became   increasingly   significant   with   the  growth  of  military  and  welfare  spending,  most  industrial  capitalist  countries  moved  from  reliance  on  a  multiplicity  of  specific  duties,  in  particular  high  customs  tariffs,  to  general,   direct   taxes   on   income.   The   acceptance   of   direct   taxes   rests   on   their  application,   as   far   as   possible   equally,   to   income   or   revenues   from   all   sources,  including   business   profits.   Since   many   businesses   operated   on   global   markets,   this  raised  the  question  of  the  jurisdictional  scope  of  taxation.

The   substance   of   state   sovereignty   is   jurisdiction:   the   scope   within   which   the  effective   and   acceptable   power   of   a   state   can   be   exercised.   The   modern   state   is  defined   in   terms   of   territory:   it   consists   of   public   authorities   governing   a   defined  territorial   space.   Thus,   in   modern   international   law,   sovereignty   is   defined  territorially,   as   `the   right   to   exercise   (in   regard   to   a   portion   of   the   globe)   to   the  exclusion  of  any  other  state  the  functions  of  a  state¶(Island  of  Palmas,  Netherlands  v.  U.S.A.,   1928,   p.92).   However,   such   exclusive   territorial   state   rights   are   essentially  institutional   and   formal.   Since   economic   activities   and   social   relations   are  international   or   global,   the   reality   of   state   power   is   not   unlimited   exclusive  sovereignty,  but  interrelated  and  overlapping  jurisdictions.

The   first   three   chapters   of   this   book   focussed   on   the   way   that   the   international   tax  system   developed   as   a   result   of   multiple,   related   policy   initiatives   by   different  national  states,  as  well  as  international  negotiation  and  compromise  between  states.  It  is  crucial  to  recognise,  however,  that  an  important  part  was  also  played  by  initiatives  taken  by  taxpayers  themselves,  in  particular  the  major  international  corporations  and  their  advisors.