FITT CITP study plan
FITT CITP · Give each week a clear focus.
8 weeks · About 6 hours per week
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
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
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
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
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
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
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
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