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What is an ICS qualification? Here's what you need to know

Posted on Monday, December 2, 2024

Are you interested in a rewarding career in the dynamic world of commercial shipping? The Institute of Chartered Shipbrokers (ICS) offers a range of internationally recognised qualifications to equip you with the knowledge and expertise needed to excel.

This blog post is your one-stop guide to understanding ICS qualifications, from the different courses available to enrolment options and study methods. Whether you're a complete newcomer or someone looking to upskill, we'll break down everything you need to know to get started on your educational journey with the Institute of Chartered Shipbrokers.

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What level can I start at?

We offer 3 levels of qualifications: our Foundation Diploma, Advanced Diploma and Professional Qualifying Examinations.

The Foundation Diploma is ideal for those with little industry experiencebut who would like to gain practical knowledge. It involves completing our Introduction to Shipping paper plus one other subject from Group 1 (compulsory subjects except Shipping Business) or Group 2 (specialism subjects).

The Advanced Diplomais geared towards upskilling those who have some industry knowledge. It involves completing our Shipping Business paper plus one other subject from Group 1 (compulsory subjects except Introduction to Shipping) or Group 2 (specialism subjects).

Diploma qualifications contribute two PQE credits. Any subject examination pass contributes one PQE credit.

The Professional Qualifying Examinations is the Institute's highest qualification. It involves completing seven papers which demonstrates your developed knowledge and understandingof the commercial shipping industry. You must complete four compulsory papers plus three papers from a list of 12 optional subjects.

How much does an ICS qualification cost?

Students are required to pay an annual registration fee(£142 for 2024/25 intake year). As well as an examination entry of £179 per subject (discounted rates are offered for early enrolments).

Students will also pay an additional cost per subject dependant on their study method.

ICS Online Academy (includes student reg fee and exam entry): £1,145.00 for 1 subject, additional subjects £1,045.00 each.

TutorShip (includes exam entry): £795 per subject

Students are also welcome to self-studyand simply pay for course materials, such as the coursebooks.

Depending on where you are located you may be able to study locally with one of our accredited International Teaching Centres or Recognised Partners and gain pastoral support from our network of local branches.

When can I start?

The Institute's academic year runs June-May (enrolment opened 17 June for 2024/25).

For our November examinations you must be enrolled by early October (specific date is given per academic year). For our May examinationsyou must be enrolled by early April (10 April for 2024/25).

You can start studying for your exams as soon as you are enrolled. If you are planning to study through our ICS Online Academy you should enrol as soon as possible to gain the maximum value and time from the programme. Live classes run from January - May leading up to the final exams.

How can I enrol?

To sit an exam with the Institute you must register as a student. You can create your account online at https://shipbrokers.org/

Once you have created your account, you can select the subjects you wish to study through your ShipBrokers account.

Alternatively, if you are studying with the ICS Online Academy, you must download and complete the ICS Online Academy student registration form and send your completed form to shipping-school@ics.org.uk.

Am I eligible for module exemptions?

Students with relevant professional or educational qualifications or experience may apply for exemptions for a maximum of 4 subjects.

Evidence of your qualifications in the form of a certificate and transcript will be required to support any exemption application. Exemptions are only granted towards our Professional Qualifying Examinations (PQE).

There is an exemption fee of £195 GBP per subject (2024/25 rate ) and this must be paid by 31 May for our 2024/25 academic year.

Can I study online?

Yes. You can study all our educational courses online through enrolling with our ICS Online Academy. Classes run January-May each year.

Is it worth the financial investment?

Investing in an ICS qualification is an investment in your future.

The knowledge and skills acquired through ICS courses provide you with a competitive edge, enabling you to tackle complex challenges and make informed decisions.

Completing one of our professional qualifications enhances your professional reputation and will open a network of industry experts, fostering lifelong learning and career growth.

How do our qualifications help solve today's maritime challenges?

ICS qualifications empower professionals to tackle contemporary maritime challenges by providing a comprehensive understanding of key areas. Courses like Introduction to Shipping, Shipping Business, and Economics of Sea Transport & International Trade offer a solid foundation. Specialised subjects such as Dry Cargo Chartering, Tanker Chartering, and Liner Trades equip individuals with expertise in specific shipping sectors.

Furthermore, courses in Shipping Law, Marine Insurance, and Shipping Finance provide crucial insights into the legal and financial aspects of the industry. By mastering these subjects, ICS graduates are well-prepared to contribute to innovative solutions for the maritime industry's pressing issues.

Why choose ICS?

The Institute of Chartered Shipbrokers (ICS) is a renowned institution offering world-class education in the shipping industry. By choosing ICS, you'll gain a comprehensive understanding of the commercial aspects of shipping, from finance and insurance to operations and law.

Our qualifications are highly respected by employers worldwide, opening doors to a variety of exciting career paths. With flexible study options and a supportive learning environment, ICS empowers you to achieve your full potential in the maritime sector.

Find out more about ICS qualifications...

Still got questions? Please email education@ics.org.uk or call us on +44 (0)20 7357 9722

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