Financial Management in Supply Chain & Maritime

Core Course 2 - MBA DMSC Program

Investment Decision Making
Risk Management
IIT Madras Faculty
Maritime Finance Focus
Real-World Applications
Career Advancement

Focuses on how money flows in supply chain and maritime businesses. Students learn budgeting, cost control, investment decisions, and financial risk management. It helps participants understand how financial decisions affect logistics, shipping, and overall business performance.

Duration:8 weeks

Credits:6 credits

Level:Graduate

Format:Online

Learn More About MBA DMSC Program

IITMadrasFinanceMaritimeSupplyChain

Why This Course is Essential?

Industry Applications

Apply financial concepts to real maritime companies, ports, and shipping operations.

Financial Expertise

Master financial management principles specifically applied to supply chain and maritime operations.

Cost Optimization

Learn advanced cost control techniques and optimization strategies for maritime businesses.

Who Should Take This Course?

1. Finance Professionals Seeking Maritime Finance Expertise

Finance managers and analysts looking to specialize in maritime and supply chain financial management.

2. Maritime Managers Wanting Financial Management Skills

Port managers, shipping executives, and maritime professionals seeking financial management knowledge.

3. Supply Chain Professionals Aiming for Financial Leadership

Supply chain managers wanting to understand financial implications of operational decisions.

4. Business Graduates Seeking Maritime Finance Career

MBA and business graduates looking to specialize in maritime and logistics finance.

Hours of Content

Modules

Case Studies

IIT Madras

Certificate

Curriculum

Module 1: Financial Fundamentals

Financial Statements Analysis – Understanding balance sheets, income statements, and cash flow in maritime context.
Financial Ratios – Key financial ratios and metrics for maritime and supply chain companies.
Cost Accounting – Cost classification, allocation methods, and activity-based costing in maritime operations.

Module 2: Budgeting & Planning

Budget Preparation – Annual budgeting process for maritime and supply chain operations.
Capital Budgeting – Investment evaluation techniques for port infrastructure and shipping assets.
Financial Forecasting – Revenue and cost forecasting in volatile maritime markets.

Module 3: Cost Management

Cost Control Strategies – Techniques for controlling operational costs in maritime businesses.
Variance Analysis – Budget vs. actual analysis and performance improvement strategies.
Cost Optimization – Lean cost management and value engineering in supply chain operations.

Module 4: Investment Decisions

Capital Investment Analysis – NPV, IRR, and payback period analysis for maritime investments.
Asset Management – Fleet management, port infrastructure investment, and asset optimization.
Financing Options – Debt vs. equity financing, leasing, and alternative financing in maritime sector.

Module 5: Risk Management

Financial Risk Assessment – Currency risk, interest rate risk, and commodity price risk in maritime.
Insurance & Hedging – Marine insurance, freight derivatives, and risk mitigation strategies.
Credit Management – Credit risk assessment and management in maritime trade finance.

Module 6: Maritime Finance

Shipping Finance – Vessel financing, ship mortgages, and maritime investment banking.
Port Economics – Port revenue models, tariff structures, and economic impact analysis.
Trade Finance – Letters of credit, trade credit, and international trade financing.

Module 7: Performance Management

Financial KPIs – Key performance indicators for maritime and supply chain operations.
Benchmarking – Industry benchmarking and performance comparison in maritime sector.
Value Creation – Economic value added and shareholder value creation in maritime businesses.

Module 8: Digital Finance

FinTech in Maritime – Digital payment systems, blockchain in trade finance, and maritime fintech.
Financial Analytics – Big data analytics, predictive modeling, and AI in maritime finance.
Sustainability Finance – Green finance, ESG investing, and sustainable maritime finance.

Course Learning Outcomes

By the end of this course, you will have gained comprehensive knowledge and practical skills in the subject area.

What You'll Master:

Core concepts and theoretical foundations
Practical applications and case studies
Industry best practices and methodologies
Problem-solving and analytical skills

Learn More About MBA DMSC Program

This Course is Part of the MBA DMSC Program

This course is one of 20 core courses in the MBA in Digital Maritime & Supply Chain Management program at IIT Madras. To take this course, you need to enroll in the complete MBA DMSC program.

Complete Curriculum

20 core courses + 12 electives designed by IIT Madras faculty

IIT Madras Degree

Earn a prestigious MBA degree from India's premier technical institute

Industry Ready

Practical skills and knowledge for maritime and supply chain leadership

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