MSc in Interantional Shipping and Finance

Duration: 9 up 10 months (at ALBA and at the University of Reading)
Start Date: October
Fees: Full – time course fees: £22,500


This 10 month program seeks to address the needs of the rapidly evolving, highly competitive and capital-intensive shipping industry by bringing the gap between academic theory and business practice. Those needs have led to increase demand from ship-owning and transportation companies, ship broking firms, shipping divisions of investment funds, among others of personnel with shipping specific, practical financial management skills and knowledge. 

It is  delivered by the ICMA Centre at Henley Business School, University of Reading, in the UK and ALBA Graduate Business School in Greece.


  • You will be awarded two full time MSc degrees in International Shipping and Finance, one from each institution (Dual degree award)
  • You will spend seven months at the ICMA Centre in Henley Business School, a triple accredited Business School, consistently ranked among the top UK Business Schools
  • You will also spend one month in Greece at ALBA, a leading European Business School accredited by the Association of MBAs (AMBA) and by EPAS (EFMD Programme Accreditation System) for its own Masters programmes. While at ALBA you will attend specialised shipping courses and participate in other activities, such as visits to shipping companies, vessels and ports accompanied by information sessions from shipping practitioners.
  • The program is strongly supported by the shipping industry and work-placement opportunities with leading companies will be available to outstanding graduates.
  • You will benefit from distinguished guest speakers, a number of specialized workshops delivered by senior shipping practitioners and bespoke simulations and hands-on sessions delivered in small classes.
  • You will also benefit from a comprehensive career development programme as well as our careers advisory partnership with Spinnaker Consulting Ltd, the leading shipping recruitment consultants.
  • You will be granted professional exam exemptions from the:

The MSc in International Shipping and Finance Program is accredited by the Institute of Chartered Shipbrokers (ICS), the chartered Institute of Securities and Investment (CISI) and the Hellenic Shipbrokers Association (HSA).

Graduates from the Program are eligible for three exam exemptions from the ICS Professional Qualification and one exemption from the CISI Diploma. In addition all the MBA in Shipping  graduates can obtain the Gnosis Certificate (S.G.C.) by attending 10 out of 24 S.G.C. seminars.


Advisory Board


The MBA in Shipping Academic Advisory Committee (AAC) consists of international renowned academics who ensure that the Program meets the highest possible quality standards and the latest developments in the shipping industry.

The AAC consists of (in alphabetical order):

KEVIN CULLINANE - Professor of Marine Transport & Management, School of Marine Science & Technology, University of Newcastle, UK.

ERNST FRANKEL - Professor of Ocean Engineering, Emeritus, School of Engineering, Massachusetts Institute of Technology (MIT), USA.

TREVOR HEAVER - Professor Emeritus, Centre for Transportation Studies, University of British Columbia, Canada.

ANASTASIOS PERAKIS Associate Professor, SNAME Fellow, Office of Naval Research Distinguished Faculty Fellow, The Boeing Co Welliver Faculty Fellow, Department of Naval Architecture & Marine Engineering, College of Engineering, University of Michigan, USA.

SIRI PETTERSEN STRANDENESProfessor, Centre for International Economics and Shipping, Norwegian School of Economics and Business Administration, Norway.

The MBA in Shipping Business Advisory Committee (BAC) comprises of a select group of professionals from Greece and abroad and ensures the practical aspect of the Program.

The BAC consists of (in alphabetical order):

GEORGIOS FRAGOS Marine Division Director, Ceres Hellenic Shipping Enterprises Ltd, Greece

GEORGE GRATSOS President, Standard Bulk Transport; Pressident, Hellenic Chamber of Shipping, Greece

CHRISTOS KOKKINIS Director, Department of Shipping Operations, Alpha Bank, Greece.

MICHAEL McCLURE Vice President, Navios Corporation, USA; Chairman, Freight Indices and Futures Committee (FIFC), Baltic Exchange, UK.

PANAYOTIS PARASKEYAKOS Managing Director, Nereus Shipping S.A., Greece.

JOHN SKORDIAS President & Managing Director, Chandris (Hellas) Inc., Greece.

COSMAS THIRAIOS Safety & Inspections Department Director - DPA, Kyklades Maritime Corporation, Greece.

EMMANUEL VORDONIS Executive Director, Thenamaris Ships Management Inc., Greece


The Professors

Academic Director
George Alexandridis Associate Professor

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Course Faculty
George Alexandridis Director of Shipping Progrmas at ICMA center
Associate Professor view more


After completion of the programme you will be well equipped with the knowledge for a successful career in the shipping/ transportation industries, as well as in the wider finance sector. On average more than 90% of our graduates are in work or further education 6 months after graduation. Indicative career paths for our graduates are ship-owning and transportation companies, ship-broking/chartering firms, shipping divisions of investment banks, shipping analysis/consulting firms, ship-finance arrangers, port operators, and shipping-related investment funds, among others. The wide curriculum of the programme will also enable you to consider careers in the global investment banking and securities markets.




Scholarships Scheme

You can secure pre-approval of your scholarship, before you apply for admission to the MBA or MSc program of your choice.

Apply for scholarship

International Propeller Club Piraeus

ALBA  and the International Propeller Club Piraeus offer to the participants of the Propeller Club Amver Awards Dinner 2016 (and their relatives) the opportunity to pursue one full scholarship  for the MSc in International Shipping and Finance (ISF) program in collaboration with the University of Reading in U.K. 


To be considered for admission, candidates must:

  • Hold a bachelor’s degree; - Provide evidence of excellent command of the English language;
  • Need to be currently employed or self-employed (valid for the part time mode only) GMAT tests are optional unless the Academic Committee requires the applicant to take them: in any case, scores of 550 or more (GRE >155) can strengthen your application and help you secure a scholarship.

Candidates must submit:

  • The completed application form, including one recent photograph in jpeg format;
  • Two letters of recommendation in Greek or in English language.
  • Official Academic Transcripts as well as Certified copies of degrees from each undergraduate, graduate or professional degree earned;
  • Proof of competence in the English language (unless schooled in English), e.g. Proficiency or TOEFL or IELTS.
  • Three Essays, as indicated in the Application form;
  • Receipt of the non-refundable application fee's [€60] deposit

Click here to download the details for admission.

To learn more about academic policy, course credit policy, fees policy and rules for student conduct read the Academic Regulations.


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Program Director
Spyros Vougious

Spyros Vougious is the Director of the MBA in Shipping and the MSc in Shipping Management programs and Co-Director of the MSc in International Shipping and Finance program which runs in collaboration with the University of Reading. He has an extensiv

Get in touch with us
Marilia Koukou Program Manager

We urge applicants to request further information or to come for a meeting at our downtown campus, in order to better understand their profile and motivations.

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Tel.: +30 210 89.64.531-8

Fax: +30 210 89.63.302


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