FITT CITP study materials
FITT CITP study resources

FITT CITP study plan

FITT CITP · Give each week a clear focus.

8 weeks · About 6 hours per week

Week 1

Customs, Tariffs, and Trade Compliance & Global Supply Chain and Logistics Management

  • Build a one-page tariff-classification decision tree that maps HS chapter selection, General Rules of Interpretation, and binding ruling requests into a repeatable sequence

  • Calculate landed cost for three sample shipments by combining customs value, duty rate, freight, insurance, and fees into a single worksheet

  • Distinguish the roles of the exporter of record, importer of record, and customs broker by writing a short comparison of their legal duties

  • Identify five Incoterms 2020 rules and state for each where risk transfers and who bears export clearance, main carriage, and import clearance

Your checkpoint

A landed-cost workbook covering three shipments with a written Incoterms 2020 risk-transfer table and classification decision tree

Week 2

Global Supply Chain and Logistics Management & International Trade Finance and Payment Methods

  • Diagram a door-to-door supply chain for one product and label the handoffs where title, risk, and payment obligations shift

  • Compare ocean FCL, LCL, air freight, and rail on cost per kilogram, transit time, and cargo suitability using a structured scoring matrix

  • Match documentary collections, open account, and letters of credit to buyer and seller risk profiles and justify each match in writing

  • Trace the document flow in a letter of credit and flag the discrepancies that most often cause bank rejection

Your checkpoint

A payment-method selection matrix pairing four trade scenarios with a recommended method, supporting documents, and stated risk allocation

Week 3

International Market Research and Market Entry Strategies & International Marketing and Sales

  • Design a market-screening scorecard with weighted criteria for market size, growth, tariff burden, regulatory barriers, and competitive intensity

  • Apply the scorecard to three candidate markets and rank them with a written rationale for the top choice

  • Compare exporting, licensing, joint venture, and wholly owned subsidiary on control, capital, and risk, then recommend an entry mode for one product

  • Draft a positioning statement and value proposition adapted to the top-ranked market, including pricing and channel assumptions

Your checkpoint

A market entry brief for one product covering three screened markets, a ranked scorecard, a chosen entry mode, and a positioning statement

Week 4

International Trade and Globalization Environment & Strategic Planning and Trade Management

  • Explain how comparative advantage, economies of scale, and factor endowments predict trade flows, and apply each to a real bilateral trade pattern

  • Classify the major instrument categories of trade policy (tariffs, quotas, subsidies, standards) and predict their effect on price and quantity

  • Summarize the core functions of the WTO and distinguish bound tariffs from applied tariffs

  • Assemble a SWOT and risk register for a firm entering international markets, linking each risk to a mitigation action

Your checkpoint

A strategic trade assessment of one country market combining trade-policy analysis, a SWOT, and a risk register with mitigations

Week 5

Legal Aspects of International Trade and Contracts & International Trade Finance and Payment Methods

  • Draft the core clauses of an international sales contract covering goods description, price, delivery terms, payment, inspection, and force majeure

  • Explain how the CISG applies to cross-border sales contracts and identify at least three points where it diverges from common domestic sales law

  • Compare Incoterms against CISG obligations and state which governs which aspect when the two overlap

  • Analyze a letter of credit discrepancy scenario and write the corrective amendment request

Your checkpoint

A model international sales contract with annotations tying each clause to CISG or Incoterms authority

Week 6

International Trade Risk Management and Ethics & Customs, Tariffs, and Trade Compliance

  • Build a risk map covering commercial, political, currency, credit, and compliance risk, and assign a mitigation tool to each

  • Compare payment, insurance, hedging, and guarantee instruments on cost and coverage for three exposure scenarios

  • Outline an export compliance program covering denied-party screening, dual-use controls, and recordkeeping

  • Evaluate an ethical dilemma in a sourcing or facilitation-payment scenario and defend a decision using a stated ethical framework

Your checkpoint

A risk and compliance playbook for one exporting firm with a risk map, mitigation tools, and a written ethics case analysis

Week 7

Cross-Cultural Management and International Negotiation & International Marketing and Sales

  • Map a counterparty culture on communication style, hierarchy, and time orientation, and adjust a negotiation approach accordingly

  • Prepare a negotiation plan for one deal covering interests, BATNA, concession sequence, and team roles

  • Distinguish high-context from low-context communication and revise a written sales message for a specified target culture

  • Identify the cross-cultural pitfalls most likely to derail a first meeting and script responses to each

Your checkpoint

A negotiation plan for a simulated cross-border deal including cultural profile, BATNA, concession ladder, and scripted opening

Week 8

International Trade and Globalization Environment & International Market Research and Market Entry Strategies & International Marketing and Sales & Global Supply Chain and Logistics Management & Customs, Tariffs, and Trade Compliance & International Trade Finance and Payment Methods & Legal Aspects of International Trade and Contracts & Cross-Cultural Management and International Negotiation & International Trade Risk Management and Ethics & Strategic Planning and Trade Management

  • Synthesize the eight weeks into a single integrated trade plan for one product and one target market

  • Complete two timed practice sets weighted to the four heaviest domains and log every missed question by domain

  • Re-teach each missed concept from your own notes without consulting source material

  • Build a one-page formula and framework sheet covering landed cost, Incoterms risk transfer, payment risk ranking, and market-screening weights

Your checkpoint

An integrated trade plan plus a scored practice log with a one-page formula and framework reference sheet

Milestones

Week 2: Compute landed cost for a new shipment unaided within 15 minutes and correctly rank four payment methods from least to most seller risk

Week 4: Score at least 80% on a self-made 20-question quiz covering Domains 1, 2, 4, and 5, and explain the reasoning behind every missed item

Week 6: Produce a complete risk map and contract clause set for a new hypothetical transaction without referencing earlier deliverables

Week 8: Score at least 80% on a full-length timed practice exam weighted to Domains 2, 4, 5, and 6, with every missed item logged by domain and re-taught