Korea International Trade Specialist Grade 1 study materials
Korea International Trade Specialist Grade 1 study resources

Korea International Trade Specialist Grade 1 study plan

Korea International Trade Specialist Grade 1 · Give each week a clear focus.

8 weeks · About 6 hours per week

Week 1

International Trade Practice and Procedures (무역실무)

  • Map the full 무역실무 workflow from 계약 → 신용장 수취 → 선적 → 환어음/서류 → 화환결제 → 클레임, and write a one-page flow diagram from memory

  • Memorize the standard set of shipping documents (상업송장, 포장명세서, 선하증권, 보험증권, 원산지증명서) and state who issues each and what data each must contain

  • Practice identifying discrepancies in a B/L versus L/C terms by working through 15 self-made or textbook discrepancy cases

  • Build a personal glossary of 60 무역실무 terms in Korean with English equivalents

Your checkpoint

A 2-page workflow diagram plus a 60-term glossary file, self-quizzed to 90% recall

Week 2

International Trade Practice and Procedures (무역실무)

  • Solve 40 practice problems on 신용장 조건 해석 and 서류 심사, recording each error with the underlying rule

  • Explain the difference between 화환추심 (D/P, D/A) and 신용장 결제, and list the risk allocation for exporter and importer in each

  • Draft the documents for one simulated export transaction end to end (invoice, packing list, B/L instructions, draft)

  • Summarize the main clauses of a sales contract (품질, 수량, 가격, 선적, 결제, 클레임) and write sample clause wording

Your checkpoint

A completed simulated export document set plus an error log of 40 solved problems categorized by cause

Week 3

International Trade English and Trade Correspondence (무역영어)

  • Master the standard L/C correspondence register: L/C opening request, L/C advice acknowledgment, amendment request, and amendment acceptance

  • Write 10 original trade letters (inquiry, offer, counter-offer, order, shipping advice, discrepancy notice, claim, adjustment) under timed conditions

  • Drill 80 trade-English vocabulary items (Incoterms, payment, transport, insurance, customs) with usage in full sentences

  • Edit three of your own letters for tone, conciseness, and contract-grade precision

Your checkpoint

A portfolio of 10 self-written trade letters with a corrected final version of each

Week 4

International Trade English and Trade Correspondence (무역영어) & International Trade Law and Incoterms (무역규범)

  • Translate and interpret 10 authentic-style contract and L/C clauses from English to Korean and back, checking for meaning drift

  • Memorize the 11 Incoterms 2020 rules with risk transfer point, cost allocation, and export/import clearance obligations for each

  • Solve 30 Incoterms scenario questions (e.g., who pays unloading, when risk passes with containerized cargo, FCA versus FOB)

  • Explain CISG scope, formation, and remedy provisions and contrast them with Korean commercial law default rules

Your checkpoint

A one-page Incoterms 2020 comparison matrix plus a 30-question Incoterms/CISG quiz scored at 85% or higher

Week 5

International Trade Law and Incoterms (무역규범)

  • Summarize UCP 600 articles most tested (제14조 서류심사 기준, 제16조 불일치 통지, 제18조 상업송장, 제20조 선하증권, 제28조 보험서류) in your own words

  • Compare UCP 600, ISBP, and eUCP on document examination standards and electronic records

  • Outline dispute resolution routes (중재, 법원, WTO 분쟁해결) and identify which forum governs a given contract clause

  • Solve 40 무역규범 practice questions and log every miss with the governing article

Your checkpoint

A UCP 600 article summary sheet plus a 40-question error log with article citations

Week 6

Foreign Exchange and Trade Finance (외환실무)

  • Map the 외국환거래법 framework: who reports what to whom, and the distinction between bank-authorized and Bank of Korea-authorized transactions

  • Explain payment methods (송금, 추심, 신용장, 오픈어카운트) from the foreign exchange settlement angle, including 결제방식별 신고 obligations

  • Work through 20 trade finance calculations: 환율 환산, 수출환어음 매입 (negotiation) discount, usance interest, and 수출보험료 estimation

  • Describe the roles of 수출입은행, 한국무역보험공사, and K-SURE products used by SMEs

Your checkpoint

A foreign exchange compliance checklist plus 20 solved calculation problems with formulas shown

Week 7

International Trade Marketing and Trade Management (무역마케팅/무역경영)

  • Build a market entry screening framework (시장성, 경쟁강도, 인증/규제, 물류비) and apply it to two target countries for one product

  • Draft a one-page export marketing plan: segmentation, pricing with Incoterms basis, channel, and promotion budget

  • Analyze three real export success and failure cases and extract transferable management lessons

  • Explain trade risk management tools (신용조사, 수출보험, 환위험 헤지) and when each is appropriate

Your checkpoint

A one-page export marketing plan for a chosen product and market with a risk mitigation section

Week 8

International Trade Practice and Procedures (무역실무) & International Trade English and Trade Correspondence (무역영어) & International Trade Law and Incoterms (무역규범) & Foreign Exchange and Trade Finance (외환실무) & International Trade Marketing and Trade Management (무역마케팅/무역경영)

  • Take two full-length timed mock exams under exam conditions and score each by domain

  • Re-study only the two weakest domains based on mock results, targeting a 15-point improvement

  • Review every error from weeks 1-7 logs and confirm the underlying rule is now explainable without notes

  • Rehearse a 10-minute verbal walkthrough of a complete export transaction, from contract to settlement, as a final integration check

Your checkpoint

Two scored mock exams with a domain-by-domain score table and a final one-page summary sheet of weak points now resolved

Milestones

Week 2: Complete one simulated export document set with no unresolved discrepancies, and show an error log covering 40 무역실무 problems

Week 4: Score 85% or higher on the self-made 30-question Incoterms 2020 and CISG quiz, and produce the one-page Incoterms comparison matrix from memory

Week 6: Explain the 외국환거래법 reporting flow for one export transaction without notes, and solve 20 trade finance calculations with correct formulas

Week 8: Score 70% or higher on both full-length mock exams, with no single domain below 60%, and submit the final weak-point summary sheet