Incoterms ® 2020 MasterClass
Incoterms ® 2020 MasterClass, available at $59.99, has an average rating of 4.51, with 54 lectures, based on 325 reviews, and has 1092 subscribers.
You will learn about Incoterms ® 2020 – Layman Explanation Main Functions of Incoterms ® 2020 What the Incoterms ® 2020 Do Not Do ? Defined terms in Incoterms ® 2020 Incoterms ® 2020 Categorisation When are Incoterms ® 2020 used? EXW ,FCA ,FAS ,FOB ,CFR ,CIF ,CPT ,CIP ,DDP ,DAP ,DPU Incoterms ® in Detail How to Incorporate Incoterms ® 2020 Rules Incoterm 2010 vs Incoterm ® 2020 Rules Which Incoterms ® 2020 are the most favorable for the Seller/Buyer Incoterms ®2020 Case Study Common Incoterm ® Usage Mistakes This course is ideal for individuals who are Exporters or Importers or Students of Trade Finance or CDCS Students It is particularly useful for Exporters or Importers or Students of Trade Finance or CDCS Students.
Enroll now: Incoterms ® 2020 MasterClass
Summary
Title: Incoterms ® 2020 MasterClass
Price: $59.99
Average Rating: 4.51
Number of Lectures: 54
Number of Published Lectures: 54
Number of Curriculum Items: 54
Number of Published Curriculum Objects: 54
Original Price: $89.99
Quality Status: approved
Status: Live
What You Will Learn
- Incoterms ® 2020 – Layman Explanation
- Main Functions of Incoterms ® 2020
- What the Incoterms ® 2020 Do Not Do ?
- Defined terms in Incoterms ® 2020
- Incoterms ® 2020 Categorisation
- When are Incoterms ® 2020 used?
- EXW ,FCA ,FAS ,FOB ,CFR ,CIF ,CPT ,CIP ,DDP ,DAP ,DPU Incoterms ® in Detail
- How to Incorporate Incoterms ® 2020 Rules
- Incoterm 2010 vs Incoterm ® 2020 Rules
- Which Incoterms ® 2020 are the most favorable for the Seller/Buyer
- Incoterms ®2020 Case Study
- Common Incoterm ® Usage Mistakes
Who Should Attend
- Exporters
- Importers
- Students of Trade Finance
- CDCS Students
Target Audiences
- Exporters
- Importers
- Students of Trade Finance
- CDCS Students
Welcome to this amazing course on Incoterms® 2020.
This comprehensive Incoterms 2020 course offers a thorough understanding of international trade regulations. Starting with an introduction and a layman’s explanation, delve into the main functions and categorization of Incoterms®. Learn about each Incoterm®, from EXW to DDP, exploring their features, advantages, disadvantages, cost, and risk allocations to buyers and sellers. Discover the key differences between Incoterms® 2020 and Incoterms® 2010 rules, and identify the best Incoterms® for both buyers/importers and sellers/exporters. Through practical case studies, gain valuable insights and avoid common Incoterm® mistakes. By the end, you’ll be equipped with the knowledge to navigate international trade transactions effectively and efficiently.
International commercial transactions involves many steps and as you must have noticed there are risks,costs and obligations at each and every step.
Most often buyers,sellers and carriers are confused with their obligations and responsibilities.
Of Course ,Both buyer and seller would like to minimize their risks/costs and obligations.
So here comes the Incoterms, which defines what will be delivery point for a seller from where the responsibility of buyer will start.These Incoterms eliminates ambiguities or inconsistencies of country-specific sales and shipping contracts. This makes it easy for sellers and buyers to identify and manage the costs and liabilities of transporting cargo between source and delivery destinations.
Incoterms are basically used by buyers and sellers to answer the questions like:
•Which party is responsible for the shipping costs?
•Which party is responsible for the insurance costs?
•Which party is responsible for the import costs?
•Which party is responsible for customs clearance?
These rules are accepted by governments, regulatory authorities, and practitioners worldwide. As such, they are regularly incorporated into sales contracts worldwide, and a specific version of the Incoterms should always be referenced in the text of every contract.
So if you are an Exporter or Importer ,or Student of Trade Finance or preparing for any such competitive examination then this course is definitely for you.
Even if you are not from finance background you can easily grasp the concepts since i have explained the topics in such a way that no prior knowledge of finance is required to start this course.
All the topics are covered graphically which will make your learning interesting and practical.
Topic of Incoterms ® is presented in a very complex manner by most instructors, but this course will explain you all he concepts in a very simple and lucid manner.
At last we will solve a Case Study on Incoterms® 2020 that will make your concept of Incoterms crystal clear.
By the time you finish this course you wont commit any mistake in choosing the correct Incoterm and incorporating them into your contract text.
So don’t miss this amazingly designed and well outlined course on Incoterms ® 2020.
Just Enroll now and i will meet you again inside the course.
Course Curriculum
Chapter 1: Promo Lecture
Lecture 1: Promo Lecture
Chapter 2: Introduction
Lecture 1: Introduction
Chapter 3: Incoterms ®- Layman Explanation
Lecture 1: Incoterms ® – Layman Explanation
Chapter 4: What are Incoterms ®?
Lecture 1: What are Incoterms®?
Chapter 5: Main Functions of Incoterms®
Lecture 1: Main Functions of Incoterms®
Chapter 6: What the Incoterms ® 2020 Do Not Do
Lecture 1: What the Incoterms ® 2020 Do Not Do
Chapter 7: Incoterms 2020 ®Overview
Lecture 1: Incoterms ® 2020 Overview
Chapter 8: Defined terms in Incoterms®
Lecture 1: Defined terms in Incoterms®
Chapter 9: Incoterms® 2020 Categorisation
Lecture 1: Incoterms® 2020 Categorisation
Chapter 10: When are Incoterms® used?
Lecture 1: When are incoterms® used ?
Chapter 11: EXW (Ex-Works) Incoterm®
Lecture 1: EXW – Explanation
Lecture 2: EXW Features
Lecture 3: EXW Advantages and Disadvantages
Lecture 4: EXW – Allocations of costs to Buyer/Seller
Lecture 5: EXW – Allocations of risks to Buyer/Seller
Chapter 12: FCA ( Free Carrier At) Incoterm®
Lecture 1: FCA – Explanation
Lecture 2: FCA Characteristics
Lecture 3: FCA – Allocations of costs to Buyer/Seller
Lecture 4: FCA – Allocations of risks to Buyer/Seller
Chapter 13: FAS ( Free Alongside Ship) Incoterm®
Lecture 1: FAS – Explanation
Lecture 2: FAS – Characteristics
Lecture 3: FAS – Allocations of costs to Buyer/Seller
Lecture 4: FAS – Allocations of risks to Buyer/Seller
Chapter 14: FOB ( Free On Board ) Incoterm®
Lecture 1: FOB – Explanation
Lecture 2: FOB – Characteristics
Lecture 3: Allocations of costs to Buyer/Seller
Lecture 4: Allocations of risks to Buyer/Seller
Chapter 15: CFR ( Cost and Freight ) Incoterm®
Lecture 1: CFR – Explanation
Lecture 2: CFR – Characteristics
Lecture 3: Allocations of costs to Buyer/Seller
Lecture 4: Allocations of Risks to Buyer/Seller
Chapter 16: CIF ( Cost,Insurance and Freight ) Incoterm®
Lecture 1: CIF – Explanation
Lecture 2: CIF – Allocations of costs to Buyer-Seller
Lecture 3: CIF – Allocations of Risks to Buyer-Seller
Chapter 17: CPT ( Carriage Paid To ) Incoterm®
Lecture 1: CPT – Explanation
Lecture 2: CPT – Allocations of costs to Buyer-Seller
Lecture 3: CPT – Allocations of Risks to Buyer-Seller
Chapter 18: CIP ( Cost and Insurance Paid To )®
Lecture 1: CIP – Explanation
Lecture 2: CIP – Allocations of costs to Buyer/Seller
Lecture 3: CIP – Allocations of Risks to Buyer/Seller
Chapter 19: DAP ( Delivered At Place ) Incoterm®
Lecture 1: DAP – Explanation
Lecture 2: DAP – Allocations of Costs to Buyer-Seller
Lecture 3: DAP – Allocations of Risks to Buyer-Seller
Chapter 20: DPU ( Delivered at Place Unloaded ) Incoterm®
Lecture 1: DPU – Explanation
Lecture 2: DPU – Allocations of Costs to Buyer-Seller
Lecture 3: DPU – Allocations of Risks to Buyer-Seller
Chapter 21: DDP ( Delivered Duty Paid ) Incoterm®
Lecture 1: DDP – Explanation
Lecture 2: DDP – Allocations of Costs to Buyer-Seller
Lecture 3: DDP – Allocations of Risks to Buyer-Seller
Chapter 22: Incoterm® 2020 vs Incoterm® 2010 Rules
Lecture 1: Incoterm® 2020 vs Incoterm® 2010 Rules
Chapter 23: Which Incoterms® 2020 are the most favorable for the Seller/Buyer
Lecture 1: Best Incoterms for Buyers/ Importers
Lecture 2: Best Incoterms for Sellers/ Exporters
Chapter 24: Incoterms® 2020 Case Study
Lecture 1: Incoterms 2020 Case Study
Chapter 25: Some common Incoterm Mistakes
Lecture 1: Some common Incoterm Mistakes
Instructors
-
Kumar Gaurav Khullar
Professional Banker, Masters in Computers, investor, Coach
Rating Distribution
- 1 stars: 2 votes
- 2 stars: 5 votes
- 3 stars: 40 votes
- 4 stars: 126 votes
- 5 stars: 153 votes
Frequently Asked Questions
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