YouTube video

Ready for a career in shipping? Professor Michael Tavakis explores how our specialist master's degree will propel you for a career in this global industry.


Who is it for?

Choose this course if you thrive under the pressure of solving tough challenges on tight deadlines, you’re business-focused, and you’re equally capable at hands-on, practical subjects and academic theories. You’ll already have the equivalent of a UK upper second class degree, and some experience of studying finance or quantitative methods.

You’ll appreciate the value of having a respected shipping qualification that prepares you for roles from shipping finance, shipbroking to commodity trading. You’ll also relish the opportunity to make new connections with business leaders from the global shipping industry, as well as your peers from all around the world.

I liked the fact that the programme combined both shipping and finance modules and it also gives students more career opportunities as it has abundant resources and networks. I will be joining Coca Cola as a Management Trainee and I am so excited for this opportunity and my master’s course for helping me obtain this role. This programme would be an excellent choice for you to progress your career in the industry.

Huimin Hu


On your master’s in Shipping, Trade and Finance you’ll build skills and knowledge to help you stand out in the competitive shipping industry and complementary areas of commodity trade, ship finance, banking and investment.

Your flexible course allows you to tailor your studies to your ambitions, including research projects and a wide choice of electives, covering subjects from big data and fintech in shipping to project finance or Python, with the chance to study in Greece or Madrid.

The MSc is offered through the globally-respected Costas Grammenos Centre for Shipping, Trade and Finance whose aims are to offer high-quality teaching, produce high-quality research and support international dialogue between academia, industry and government.

You’ll learn in highly interactive lectures from staff with many years of practical experience working in the shipping industry who are active researchers.

Ask a student

Chat to one of our MSc Shipping, Trade and Finance students now and have them answer your questions on everything from application to student life.

Have a question about student experience at Bayes?

Talk one-on-one with a student who is currently studying at Bayes.

Ask a student


What will you learn

  • Learn through a unique multidisciplinary approach that provides you with the skills and knowledge employers demand.
  • Benefit from the insights and practical expertise of teaching staff whose research is recognised internationally.
  • Study on a course that was pioneering at launch and remains unique and relevant in the current economic and financial environment. Validated by the Institute of Chartered Shipbrokers (ICS) which offers 3 exemptions from examinations upon successful completion of specific modules.
  • Build your knowledge, connections and experience in the City of London, the world’s third most important maritime city (DNV/Menon Economics (2022) World Maritime Cities Ranking)

Induction weeks

All of our MSc courses start with two compulsory induction weeks which include relevant refresher courses, an introduction to the careers services and the annual careers fair.

Assessment methods


We review all our courses regularly to keep them up-to-date on issues of both theory and practice.

To satisfy the requirements of the degree course students must complete 185 credits:

Terms One and Two

  • Eleven core modules (10-20 credits each, total of 135 credits)

Term Three

  • Five electives (50 credits) – including Business Analytics for Energy, Shipping, Trade and Finance


  • Three electives (30 credits) – including Business Analytics for Energy, Shipping, Trade and Finance, and an Applied Research Project (20 credits)


  • One elective (10 credits) and a Business Research Project (40 credits)

Assessment of modules on the MSc in Shipping, Trade & Finance, in most cases, is by means of coursework and examination.

Coursework may consist of standard essays, individual and group presentations, group reports, classwork, tests and problem sets. Please note that any group work may include an element of peer assessment.

Term dates

Term dates 2023/24

  • Induction: 11th September 2023 - 22nd September 2023
  • Term one: 25th September 2023 - 8th December 2023
  • Term one exams: 8th January 2024 - 19th January 2024
  • Term two: 22nd January 2024 - 5th April 2024
  • Term two exams: 22nd April 2024 - 3rd May 2024
  • Term three - international electives: 6th May 2024 - 17th May 2024
  • Term three: 20th May 2024 - 5th July 2024
  • Term three exams: 8th July 2024 - 19th July 2024
  • Resits: 12th August 2024 - 23rd August 2024
  • Additional resit week - tests only: 26th August 2024 - 30th August 2024.

Note: term one resit tests for the Energy / Shipping Trade and Finance degrees will normally take place in the week immediately prior to the August resit period.


Course timetables are normally available from July and can be accessed from our timetabling pages. These pages also provide timetables for the current academic year, though this information should be viewed as indicative and details may vary from year to year.

View academic timetables (add timetable and search for your programme)

Please note that all academic timetables are subject to change.

Teaching staff

Course Director

Course director profile

Dr Nikos C. Papapostolou

Associate Director, The Costas Grammenos Centre for Shipping, Trade and Finance

The teaching staff on the Master's in Shipping, Trade and Finance have many years of practical experience working in the shipping industry and are also active researchers in their fields.  This knowledge and experience inform the highly interactive lectures that make up the MSc in Shipping, Trade and Finance course.

Core Module Leaders include:


How to apply

We only accept online applications.

Apply for MSc Shipping, Trade and Finance

Documents required for decision-making

  • Transcript/interim transcript
  • Grading system used by your university
  • Current module list if still studying
  • CV
  • Personal statement - this should be 500-600 words in length and answer the following:
    • Why have you selected this course? What are your motivating factors?
    • What are your areas of interest within the course?
    • What contributions do you feel you can make to the course?
    • How do you see the course affecting your career plans?

Documents which may follow at a later date

  • English language test result if applicable
  • Confirmation of professional qualification examinations/exemptions/passes, if applicable
  • Two references
  • For a successful application to receive an unconditional status, all award documents must be verified, and should be provided to the relevant Admissions Officer via one of the methods stated in your offer.

We cannot comment on individual eligibility before you apply and we can only process your application once it is fully complete, with all requested information received.

Individual Appointments

If you would like to arrange an individual appointment to discuss the application process and be given a tour of the facilities, please complete this form.

Please note - these are subject to availability.

Ask a student

Chat to one of our current master's students now about applying for a MSc at Bayes.

Terms and conditions

Students applying to study at Bayes Business School are subject to City, University of London's terms and conditions.

Entry requirements

  • A UK upper second class degree or above, or the equivalent from an overseas institution.
  • Some level of previous study in finance or quantitative methods is preferred
  • Work experience is not a requirement of this course.


  • GMAT is not required for application, but may be requested as a condition of offer at the discretion of the Admissions Panel.


Applicants selected by the Admissions Panel may be invited to an online interview. We will contact all selected applicants with full instructions after the Admissions Panel has made an initial assessment of your application.

We strongly advise you to provide us with your own personal email address when applying to avoid missing interview deadlines and any important information sent from the Admissions Team.”

English language requirements

If you have been studying in the UK for the last three years it is unlikely that you will have to take an English language test.

If you have studied in the UK at degree level for less than three years (e.g. 3+1, 2+1, 2+2, etc.) you will be required to provide the results of an approved English language test and possibly resit the test to meet our academic entry requirements.

Full list of approved English language tests/qualifications and minimum requirements.


UK/EU/International £28,000 Tuition fees are subject to annual change

Fees in each subsequent year of study (where applicable) will be subject to an annual increase of 2%. We will confirm any change to the annual tuition fee to you in writing prior to you commencing each subsequent year of study (where applicable).

Application fee: Nil

Deposit: £2,000 (usually paid within 1 month of receiving offer and non-refundable unless conditions of offer are not met)

First installment: Half fees less deposit (payable during on-line registration which should be completed at least 5 days before the induction period)
Second installment: Half fees (paid in January following start of course)

  • Apply for a choice of scholarships, available for excellent students in financial need: the Stelios Scholarship, the Clélia Haji-Ioannou Scholarships and the Matrona Michael Xylas (MMX) Scholarship.

Information about Scholarships

Career pathways

The wide curriculum and interdisciplinary approach of your MSc opens up a broad range of global career opportunities. Students have gone on to work as shipbrokers, analysts, consultants, in investment banking and trading, and in other operational and strategic roles in more than 70 countries.

As well as support from the Bayes specialist careers team, you’ll also find support, meet mentors and make connections through the Shipping Society and the Energy and Commodity Society.

Class profiles

Recent graduates from the MSc in Shipping, Trade and Finance degree have gone on to hold roles in companies including:

  • Bunker Trader - Integr8 Fuels
  • Relationship Manager - Nordea
  • Tanker Analyst - Howe Robinson Partners
    Sale and Purchase Shipbroker- Braemar ACM Shipbroking
  • Ship Finance - Credit Agricole CIB.

Previous graduates have gone on to work in shipping, logistics and oil and gas and across the UK, EU and Asia.

(Data provided from alumni who completed the annual destination data survey for 2020/21 and 2019/20).

Alumni stories

Pauline Liadi
Pauline Liadi
Shipping, Trade and Finance
Greece flag

Hear from our alumni. Discover the real experiences of learning at Bayes and how Bayes helped to boost our graduates' careers.

Read Pauline’s story

Course information and statistics (2022/23 cohort)

Graduation hat
graduates since 1983
nationalities represented
average age of student body
Human brain
average years of work experience


The MSc in Shipping, Trade and Finance is validated by the Institute of Chartered Shipbrokers (ICS)

See accreditation details

Students successful in the following modules:

  • International Commodity Trade
  • Shipping Economics
  • Shipping Investment and Finance.

will be granted exemption from three of the following examinations of the Institute of Chartered Shipbrokers:

  • Economics of Sea Transport and International Trade
  • Introduction to Shipping
  • Shipping Finance.