What Is a Maritime Business Degree?
Business is a global entity in today’s society. No longer are people limited to goods only found locally. Ordering product from anywhere in the world is a luxury at the fingertips of every consumer; getting the product to the consumer can be a logistical nightmare for the manufacturer. Students pursuing a maritime business degree provide the backbone to overseas logistics, marrying product with consumer in the most cost-effective and efficient manner.
Cargo too heavy to transport via air must transport via sea. Many automobile manufacturers, for example, rely upon maritime logistics to get their cars and trucks to a foreign consumer base. These vehicles must be transported to the shipping dock, loaded onto the cargo vessels, transported across the sea, unloaded at the receiving shipping dock and taken to the vehicle dealerships.
The number of people involved in this logistical operation is astounding, and they range from the dockhands who load and unload the cargo ships to the captains who sail them to the maritime logistics managers who arrange the entire transport operation in the first place. This is why a maritime business degree is crucial to the logistics and transportation industry. All of this must happen seamlessly, and the logistics manager must understand maritime transport, laws and regulations to ensure it does just that.
Students with exceptional operational and organizational management skills, as well as the ability to multi-task and problem-solve are well suited for a maritime business degree. A love of the ocean and the protection of it also fit well within this career, as environmental regulations are a key component in today’s maritime business.
Students who have recently graduated with a maritime business degree can find work in numerous aspects of maritime business and logistics. One such career choice might be a logistics and distribution manager.
A logistics and distribution manager is responsible for the storage and transport of manufactured goods. In the case of maritime management, the goods are being transported overseas, which presents additional challenges to the logistics and distribution manager, as there are numerous people involved in getting overseas transport shipped successfully. The manager is heavily involved in all aspects of the supply chain, and must also be aware of all legal and environmental implications involved in transport. Logistics and distribution managers typically begin their careers earning £15,000 to £18,000, with the potential of earning £45,000 to £60,000 once they have reached senior management level.
Freight forwarder is another career suited to maritime business graduates. The freight forwarder serves as the liaison between the product manufacturer and the shipment companies. In maritime business, liaising between the manufacturer and shipper includes ground transport to and from the shipping docks and freight transport overseas. As with the logistics and distribution manager, the freight forwarder must also ensure all shipments are conducted under appropriate maritime and environmental laws. Beginning salaries for freight forwarders run from £17,000 to £25,000, with senior-level forwarders earning £35,000 to £45,000.
Maritime Business Curriculum
Maritime business curriculum includes study in business management and operations, commerce, economics and finance, logistics management and marine and environmental laws. The coursework is heavily focused on the logistics and transportation industry, with an emphasis on marine transport and its impact on the global economy.
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