Course Title: Apply knowledge of import and export international conventions, laws and finance

Part B: Course Detail

Teaching Period: Term1 2012

Course Code: MKTG5798C

Course Title: Apply knowledge of import and export international conventions, laws and finance

School: 650T TAFE Business

Campus: City Campus

Program: C4222 - Certificate IV in International Trade

Course Contact : Tim Wallis

Course Contact Phone: +61 3 9925 5423

Course Contact Email:timothy.wallis@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

Nominal Hours: 30

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Pre-requisites and Co-requisites

None required

Course Description

This unit will deliver the ability to maintain currency of knowledge and skills of international conventions, laws and finance in order to apply these tio import and export responsibilities.


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

BSBINT405B Apply knowledge of import and export international conventions, laws and finance

Element:

1. Maintain currency of knowledge and skills

Performance Criteria:

1.1. Assess personal knowledge of relevant international conventions, laws and finance and the required skills in applying this knowledge to determine currency and adequacy
1.2. Identify skills and knowledge gaps
1.3. Undertake learning to ensure currency and adequacy of knowledge and skills in applying international conventions, laws and finance to own work

Element:

2. Identify information requirements and access available information

Performance Criteria:

2.1. Determine specific needs for information
2.2. Access organisation's resources to meet information requirements
2.3. Use information to address specific work needs and to identify further information requirements
2.4. Access external information resources to meet further information requirements

Element:

3. Interpret and analyse available information

Performance Criteria:

3.1. Collect and collate available information for analysis
3.2. Interpret, analyse and process available information to obtain required knowledge
3.3. Seek assistance of specialist experts if required, to interpret, analyse and synthesise required information
3.4. Use information and knowledge to facilitate import and export of goods in compliance with relevant Australian and overseas legislation, trade conventions and agreements, and international financing arrangements

Element:

4. Apply knowledge to facilitate import/export of goods

Performance Criteria:

4.1. Use and review information and knowledge to facilitate import and export of goods for effectiveness
4.2. Document review findings for future use in import and export of goods
4.3. Identify skills and knowledge gaps and undertake further learning

Element:

5. Review research and analysis process

Performance Criteria:

5.1 Review and report on analysis undertaken

Learning Outcomes


Students will be able to demonstrate

• the ability to identify ongoing learning needs in relation to international conventions, laws and financial matters that impact on their import/export responsibilities
• the ability to identify and using learning opportunities to gain the necessary information
• self-management of these learning processes
• knowledge of organisational learning policies and resources.
 


Details of Learning Activities

It is expected that students will read theory provided in powerpoint presentations and/or relevent information supplied prior to class  time in order to discuss the theories at length, sometimes guest speakers may be present..Activities including group work, site visits,case studies will be held in class times.Students must be responsible for entry fees and transport costs.


Teaching Schedule

Week.

  1. Introduction.
  2. Payment Terms - Risks
  3. payment Terms
  4. Uniform Rules for payment 
  5. Letter of Credit Test
  6. Export Credit Insurance.
  7. Exchange Rates.
  8. Counter Trade
  9. Merchant Banks, Agent Commision
  10. Marine Insurance
  11. Marine Insurance
  12. Long and Short Payments
  13. Revision
  14. presentations.
  15. Final Assesment.
  16. Feed Back and Re Sits.  


Learning Resources

Prescribed Texts


References


Other Resources


Overview of Assessment

The student must demonstrate an understanding of all elements of a particular competency to be deemed competent. Assessment methods have been designed to measure achievement of each competency in a flexible manner over a range of assessment tasks.

Assessment will incorporate a variety of methods including technical requirements documentation, homework and in class exercises, written tests, practical problem solving exercises, presentations and practical tests. Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met. Students will be provided with feedback throughout the course to check their progress.


Assessment Tasks

The student must demonstrate an understanding of all elements of a particular competency to be deemed competent. Assessment methods have been designed to measure achievement of each competency in a flexible manner over a range of assessment tasks.
Assessment will incorporate a variety of methods including assignments, student interviews, oral presentation and tests. Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met.

For a student based at the RMIT BUSINESS campus in Melbourne, Australia in 2011 the assessment will be:

1. First Test 10%.
2. Presentation. On methods of payment y20%
3. Complete Insurance Proposal - 15 Marks
4. Complete Letter of Credit in class - 15 Marks
5. Final Test 40%
(Please note: sections of the final report will be completed and co-assessed with other courses)


Assessment Matrix

Marking Guide (Grading)

After achievement of competency we then grade your performance in this course and this gives you the opportunity to have the level of your performance formally recognised against industry standards and employability skills.

You will receive one of the following grades

CHD Competent with High Distinction
CDI Competent with Distinction
CC Competent with Credit
CAG Competency Achieved - Graded
NYC Not yet Competent
DNS Did not Submit for Assessment


This grading is in accordance with the following criteria:

1. Level of Independence, Initiative, Enterprise and Performance of Work Task
We are looking for you to demonstrate broad individual research to support your business implementation and complete the stated requirements

2. Demonstrated Breadth of Underpinning Knowledge and a Willingness to Continue Learning
We are looking for your plan to show and demonstrate an excellent understanding of the industry and reference to industry and other relevant documents

3. Techniques and Processes, Technology Skills and Problem Solving
We are looking for you to comply with designated format and presentation of the Major Project

4. Work Organisation, Planning and Self-Management
We expect to see ongoing uploading of information into your document that is relevant to the course with full utilisation of the Blackboard as per course requirements and with timely submission of all required material

5. Communication Skills, People Networking, Language and Interpersonal Skills and Teamwork
We expect to see regular attendance and class involvement in relevant discussions in the scheduled sessions, utilisation of relevant networking tools as outlined in the Blackboard, and your report to be present4ed using appropriate business language,

Course Overview: Access Course Overview