IsDB-ITFC Scholarship Program in International Trade

Introduction

IE University in alliance with the International Trade Centre (ITC), the International Chamber of Commerce (ICC) and the International Islamic Trade Finance Corporation (ITFC) have designed an innovative Executive Master in International Trade.

Concept

In this pioneering program, mid-career and senior professionals explore the forces that are reshaping trade, internationalization and globalization. In particular, students will gain cutting-edge insights into trade policy, trade-related standards and regulation, value chains, risk management, business opportunity, trade in services, international contracts and dispute resolution, operations management, the Agenda 2030 and e-commerce, amongst other pertinent subjects, in order to create innovative solutions to tackle the world’s most complex challenges in the trade field.

Scope and Field of Study

This program is unique in bringing together insights from policymakers, regulators and business leaders to stimulate fruitful discussions from different perspectives.

In order to respond to challenges faced by trade leadership today, the learning framework of the Executive Master in International Trade builds upon the concept of the three C’s derived from the ICC: Compete, Connect and Change.

Compete highlights the importance of competitiveness in establishing a successful internationalization strategy. In this portion of the program, students will be exposed to the core of international trade policy. It addresses the standards and regulations that companies must navigate, and enables students to formulate strategies for risk assessment, management and securing new business opportunities. Subjects include:

  • International Trade Policy
  • Standards and Regulation
  • Trade and Investment Finance
  • Risk Management and Business Opportunity

Connect will introduce students to internationalization as not only a phenomenon, but a cohesive strategy for avoiding isolation. Connecting requires flexibility and resilience, and students will learn how to apply these concepts to business strategies throughout the value chain. They will acquire the skills to become leaders within their business areas, forming part of a wider cross-border ecosystem where cultural awareness is not just important, but vital. Subjects include:

  • New Frontiers in Global Political Economy
  • Multicultural Negotiations
  • Value Chain and Operations Management
  • High-Impact Writing and Presentation

Change focuses on the dynamic ecosystem of international trade. Successful firms operating on the local, regional or even global level are constantly evolving. This change is powered in part by the growing importance of e-commerce and international trade in the services industry, as well as the global impetus for companies to adopt sustainable and inclusive practices. In addition, this final module offers practical insights for daily transactions, exploring contractual issues and dispute resolution.

Subjects include:

  • International Trade in Services
  • Trade for Sustainable Development and Agenda 2030
  • Contracts and Dispute Resolution
  • E-Commerce, Digitalization and Trade Innovation

Program Cycle 

The Executive Master in International Trade builds on IE’s blended methodology combining short residential periods in Madrid and Geneva with interactive online sessions consisting of video conferences on Saturdays and online forums during weekdays.

  • Start date: January 2022
  • Duration: 10 Months
  • Language: English
  • Format: Blended
  • Interactive Online Sessions: on Saturdays
  • Online Forums: Monday to Thursday

Eligibility

The Program is open for mid-career professionals from member countries who meet the following eligibility criteria:

  • Citizens of any of the IsDB member countries
  • Be a graduate with a grade above “Good” in his/her bachelor studies
  • 5+ years of professional experience
  • Employed and working in the field of trade, trade development, trade finance, and/or related field
  • Not in receipt of any other scholarship
  • Be medically fit and willing to undergo medical tests after selection

Selection Procedure

In order to participate in this extraordinary program candidates in the Executive Master in International Trade should demonstrate the following during the admission process:

  • Strong professional history
  • A record of high achievement and a practical ambition to improve the state of business, organizations, industry, and country
  • Passion to contribute to the development of the trade sector and practices, and to the candidate’s country

Placement / Admission Process

The Application Process is as follows:

  • Step One: Online Application Form (refer to the Program Website)
  • Step Two: Online Assessment
  • Step Three: Entrance Exam [GMAT – GRE – IEGAT, IE admission test]
  • Step Four: Personal Interview
  • Step Five: IE Admission Committee Recommendation
  • Step Six: IE-ITFC Admission Committee Decision

Benefit and Facilities

The scholarship covers 100% of the program Tuition Fees.

Any other cost is borne by the accepted candidates this will include and not limited to:

  • Visa processing
  • Travel to and from city of residencies
  • Accommodation during residencies
  •  …etc

Obligations

Candidates granted the Scholarship are expected to:

  1. Sign the IsDB-ITFC* prescribed Scholarship Agreement stating their commitment to their studies and serve their respective countries upon graduation for a minimum of 3 years after the program
  2. Provide the ITFC with progress reports on their studies on a regular basis
  3. Respect the laws of the countries of residence and maintain good personal and professional conduct consistent with the rules, regulations and objectives of the Program and the overall mission of the IsDB
  4. Register and join the IsDB Alumni after graduation to network with other alumni and keep updating the IsDB about their progress and achievements in their countries

Application

The Application to the program is on rolling basis, and open now, through the program website: