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RMIT & Hinrich Foundation introduce Master of Global Trade program

Released at: 16:48, 19/12/2019

RMIT & Hinrich Foundation introduce Master of Global Trade program

Photo: RMIT University Vietnam

First-ever such program to be offered in Vietnam.

by Ngoc Lan

RMIT University Vietnam and the Hinrich Foundation announced the launch of the first-ever Master of Global Trade in Vietnam to develop the next generation of global trade leaders.

This 15-month program was developed by RMIT University in partnership with the Hinrich Foundation as well as nearly 20 leading employers from global trade value chains, to ensure graduates have the strategic foresight and management skills required to drive the sustainable transformation of global value chains. The program will be delivered by professors with lifelong careers in global trade.

“We created the Master of Global Trade program to develop the talent that will drive the sustainable transformation of trade and global value chains in Asia, in the context of significant disruptions and technological change,” Founder and Chairman of the Hinrich Foundation Merle A. Hinrich said.

To succeed in this complex, fast-changing and knowledge-intensive environment, companies in trade need to become more agile and innovative. They need to have the human resources that can deal with this constant disruption. RMIT Master of Global Trade Program Manager Steve Clarke said that firms must adjust their approaches to production, distribution and risk management. “For that, they need uniquely trained talent with an understanding of trade, geopolitics, risk analysis, financial management and sustainability,” he added.

According to trade employers, this need is currently not being adequately met. This talent shortage inspired RMIT University and the Hinrich Foundation to pioneer a new approach to developing next-generation global trade leaders. The Master of Global Trade is a program by employers, for employers.

Some of the Employer Partners who participated in the creation of the program include leading companies such as Avery Dennison, Siemens Healthcare, Samsung, Nestle, VF Corp, QV Seafoods, Talentnet, HSBC, Red Square, Franke, Luen Thai, NaFoods, Duc Thang Wood and KMPG. These companies and others are planning to enrol their staff in the Master of Global Trade in February 2020 when classes begin.

For the launch of this program, the Hinrich Foundation is offering scholarships to support the participation of 25 future trade leaders.

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