Starts 7 January 2019
This module will enable students working within commodities related industries to understand the global cotton industry, analyse its key features and the current issues that it faces. It will provide a brief historical overview of the industry and its importance to world trade. It will then examine the configuration of the world cotton market and current trends in the production of cotton. The key factors that impact on the demand for cotton will be examined alongside the main influences on cotton prices.
Students will be able to:
Undertake an analysis of a current issue facing the global cotton industry and review the approaches that are being used to address that issue. (2000-word report).
Module leader: Dr. John Minten
Dr. John Minten has worked in higher education for over 30 years in a number of different teaching, research and management roles, and has also been a board member for a number of charitable organisations. He is a former Pro Vice Chancellor of Leeds Beckett University and has been Dean of School for a range of discipline areas at the University of Central Lancashire. He has worked as a consultant and external advisor for a range of Universities across the world, particularly in the area of quality assurance and enhancement, including working as a UK Quality Assurance Agency auditor. As a strategic leader John was responsible for ensuring the design and delivery of high quality programmes for both the undergraduate and post graduate market, but also developing bespoke educational products for industry organisations in the UK and globally, including for the Fire and Rescue Services, Wetherspoons PLC, outdoor education programmes for the Armed Services and programmes for a range of high profile sports for their Sports Coach UK post-graduate level accreditations. John has taught a range of management related areas including strategy and enterprise and has developed expertise in delivering on line programmes over a 10 year period. John has a PhD in the area of social policy from the University of Liverpool and has published in a range of peer- reviewed academic journals
Starts 1 April 2019
The module aims to introduce students to the modern theory of finance and financial management. Adding to this, the module will examine the basic functioning of why banks exist, along with their duties as financial institutions. Theoretical concepts like the net present value, decision making under uncertainty, portfolio selection and the capital asset pricing model are introduced. These concepts serve as prerequisites for investment and financing decisions which are exemplified by an analysis of valuation of firms, capital structure decisions and dividend policy. More specifically, the topics covered are the value and capital budgeting, portfolio theory, models of security valuation, efficient markets, long-term financing, company dividend decisions, capital structure, and interactions of investment and financing decisions. In all cases contemporary examples will be used to make theory come to life.
Teaching and Learning Strategies:
The assessment will be a 2,000-word limit report. Each student will apply some of the techniques covered within this module to the firm they work for. The assessment will require the student to discuss the issues with their finance department in order to obtain information and/or data used to support the analysis within the report.
Module leader: Dr Ellington
Dr Ellington is a Lecturer in Finance at the University of Liverpool Management School. Michael’s current research interests focus on estimating nonlinear Bayesian Econometric Models. Projects he is currently working on are: Liquidity in the financial sector; structural identification of conventional and unconventional monetary policy shocks; evolving labour market volatilities; and assessing the adequacy of simple sum monetary statistics. His teaching covers all core aspects of Financial Management and Quantitative Business Finance.
Starts 1 July 2019
An introductory module providing an overview of the financial markets of importance to cotton market participants.
The aim of this module is to introduce delegates with no prior knowledge of financial markets and/or economics to three of the most important financial arenas in modern finance, namely, commodity markets, foreign exchange markets and the derivative markets.
Having completed the module delegates will be able to:
2,500 word coursework
Module leader: Mr Jason Laws
Jason is a Senior Consultant Lecturer in Corporate Finance specialising in Financial Modelling, Risk Management, International Finance and Derivative Securities. Jason’s approach to teaching is to make it relevant to the real world and to use cutting edge learning technology. Jason has taught finance, delivered courses and provided consulting throughout the UK, Europe, China, Hong Kong, Malaysia, UAE, China and Singapore. Jason is also the co-author of “Applied Quantitative Methods for Trading and Investment” (John Wiley) and has recent publications in Applied Financial Economics, Derivatives Use Trading and Regulation, The European Journal of Operations Research, Decision Support Systems, European Journal of Finance, Neural Network World and The Journal of Forecasting.
Starts 23 September 2019
Aims and Objectives
This unit aims to;
On successful completion of this unit, students will be able to:
Module is divided into four elements transitioning from theoretical principles to applied
concepts and concluding with critical discussion in relation to market channel behaviour.
Teaching materials will be uploaded to VITAL on each specified teaching date, giving students a full week (and weekend) to engage with the various learning materials (readings, online podcasts and workbooks etc), and contribute to discussion forums.
Although not assessed, discussion forums will be monitored and participation is expected.
2,000 word report
Module leader: Mr David Cockayne
David is a Senior Lecturer at ULMS, located in the department of Marketing and Operations. He has previously held strategic marketing roles internationally, predominantly in China where he spent five years working for a variety of organizations. He has also worked in the US, Thailand, South Korea, and Spain. David’s areas of expertise surround strategic marketing, customer insight analysis and data management, and relationship marketing.
Starts 6 January 2020
Successful completion of this module means that you do not need to sit the ICA ‘Basic’ and ‘Module 2′ examinations to become an ICA arbitrator.
This module provides an introduction to the English Legal system, an introduction to contract law, including formation of a contract and the consequences of breach of contract. The module then deals with specialist aspects of interest to those working in international trade including bills of lading, bills of exchange and their role in the facilitation of payment through letters of credit. The module then deals with aspects of arbitration in dispute resolution.
The aims of this module are:
To ensure that students have a solid knowledge and understanding of the main legal principles and issues relating to commodity trade and international sales.
To understand the impact of the law and international agreements to payments and trade within commodity industries.
To allow students to develop a strong knowledge and research skills base to enable them to recognize the legal implications of working in the commodities and be able to recognise differences between Contract Law, legal impact/methods of international payment obligations, aspects of shipping law and dispute resolution.
Assessment will be by a 2,000-word essay on a legal issue that is relevant to the student’s own area of work in commodity related industries.
Module leader: Professor Anu Arora
Professor Anu Arora is a graduate of the University of Birmingham. Anu became interested in Banking Law as an undergraduate student where it was taught as a half module and remained at Birmingham for her postgraduate degree focussing on payments systems and automated money
Starts 30 March 2020
This module will examine the key theories of leadership that are applicable to managers within commodity-based industries. It will enable students to reflect on their own leadership practice and aspects that they may need to develop as they move from an operational to strategic context.
Teaching and Learning Strategies:
The module will be taught over six weeks using on line interactive materials that will include a podcast overview of content to be covered, an interactive work book for each session and discussion boards. This will be supported by skype/telephone tutorials.
Part A: Using appropriate leadership theory, undertake a reflective evaluation of your leadership practice. (1250 words, 50% weighting)
Part B: Base on the analysis of your leadership practice identify your future leadership needs and the actions you need to take to address them and prepare for future career progression. (750 words plus include an action plan in the appendix, 50% weighting).
Module leader: Dr Sue Minten
Dr. Sue Minten is a senior lecturer in management at the University of Liverpool, teaching modules relating to leadership and professional development and is experienced in delivering on line education. Sue has a PhD from the University of Sheffield, which examined graduate employability and development in the sport industry, she also has an MSc in Leadership Practice and Responsibility from Lancaster University and an MBA. She is accredited by the British Psychological Association to undertake personality and ability assessments, in particular Myers Briggs Typology Inventory (MBTI) and 16 PF and has undertaken executive education with clients as diverse as social workers, football league managers and small business owners.
Sue has published in a number of peer reviewed academic journals on graduate employability and career development, and managing change in elite sport. She is also a co-author of the Routledge textbook: ‘Human Resource Management in the Sport and Leisure Industry’. Prior to entering academia Sue worked in sports facilities management.