Program start date | Application deadline |
2024-10-27 | - |
2024-11-23 | - |
Program Overview
The Air Transport Economics course from City, University of London provides an in-depth understanding of the economic environment of the airline industry. Taught by an experienced industry consultant, the course covers topics such as growth drivers, pricing, revenue management, and regulation. Through interactive lectures, case studies, and discussions, participants gain valuable insights applicable to various management positions within the airline industry.
Program Outline
Outline:
These topics include:
- Growth drivers: Examining the factors that influence the growth of the airline industry, such as global economic trends, travel demand, and technological advancements.
- Pricing and elasticity: Analyzing the pricing strategies adopted by airlines and how demand is affected by price changes.
- Revenue management: Exploring the techniques airlines use to optimize their revenue and maximize their profitability.
- The economics of slots: Understanding the role of airport slots in the operation of airlines and the economic considerations related to slot allocation.
- Investors' perspective: Analyzing how investors assess the financial performance and prospects of airlines.
- Regulation and consolidation: Examining the impact of government regulations on the airline industry and the trend of airline mergers and acquisitions.
- Cost allocation: Learning how airlines allocate costs across different aspects of their operations and the challenges involved in cost accounting.
- Fuel and currency hedging: Evaluating the pros and cons of fuel and currency hedging for airlines and the strategies they can use to manage these risks.
Assessment:
Participants are expected to submit a reflective journal summarizing their key takeaways from the course and receive a certificate of participation upon completion.
Teaching:
The course is taught by Tim Coombs,
an experienced consultant with extensive experience in the aviation industry. Tim has worked at senior levels within the industry and has an in-depth understanding of its challenges and opportunities.
The teaching methods incorporate lectures, case studies, and group discussions
, aiming to create a stimulating learning environment for participants. The course emphasizes the practicality of the concepts discussed and encourages active participation from participants.
Careers:
The knowledge and skills gained from this course can be applied to various areas within the industry, including:
- Revenue management
- Commercial strategy
- Financial analysis
- Investment analysis
- Airline operations
- Regulatory affairs
Other:
City University of London
Overview:
City, University of London is a public research university located in London, England. It is known for its focus on business, practice, and the professions, offering a wide range of undergraduate and postgraduate programs. The university is renowned for its strong academic reputation and its commitment to providing students with a high-quality learning experience.
Services Offered:
City University of London provides a comprehensive range of services to its students, including:
Library Services:
Access to extensive library resources, including books, journals, databases, and online resources.Moodle:
An online learning platform for accessing course materials, submitting assignments, and communicating with instructors.Email:
A university-provided email account for official communication.Staff Directory:
A searchable directory of staff members and their contact information.Term Dates:
Information on the academic year and term dates.Room Booking:
A system for booking rooms on campus for meetings, events, and other purposes.Schools and Departments:
Information on the various schools and departments within the university.Student Life and Campus Experience:
City University of London offers a vibrant and diverse student experience, with a strong emphasis on:
London Experience:
The university's location in London provides students with access to a wide range of cultural, social, and professional opportunities.Sports:
A variety of sports clubs and facilities are available for students to participate in, both competitively and non-competitively.Social Activities and Groups:
Numerous student societies and groups cater to diverse interests, providing opportunities for social interaction and personal development.Student Wellbeing:
The university offers a range of support services to ensure students' health and wellbeing, including learning support, personal tutoring, and counseling.Career Development:
The university provides career guidance and support services to help students prepare for their future careers.Key Reasons to Study There:
Strong Academic Reputation:
City University of London is consistently ranked highly in national and international rankings.Focus on Business, Practice, and the Professions:
The university's programs are designed to provide students with the skills and knowledge they need to succeed in their chosen careers.Location in London:
The university's location in the heart of London provides students with access to a wealth of opportunities.Vibrant Student Life:
City University of London offers a diverse and engaging student experience.Excellent Career Support:
The university provides comprehensive career guidance and support services.Academic Programs:
City University of London offers a wide range of academic programs across various disciplines, including:
Business and Management:
Bayes Business School is renowned for its programs in finance, accounting, marketing, and entrepreneurship.Law:
The City Law School is a leading institution for legal education, offering programs in law, international law, and legal practice.Health and Psychological Sciences:
The School of Health & Psychological Sciences offers programs in nursing, midwifery, psychology, and other health-related fields.Science and Technology:
The School of Science & Technology offers programs in computer science, engineering, mathematics, and other STEM fields.Communication and Creativity:
The School of Communication & Creativity offers programs in journalism, media, performing arts, and language studies.Other:
Merger with St George's:
City University of London has merged with St George's, University of London, forming a new institution called City St George's, University of London.Awards and Accreditations:
The university has received numerous awards and accreditations for its teaching, research, and commitment to equality and diversity.Global City:
City University of London is a global institution with a strong international presence.University of London:
City University of London is a member of the University of London, a federation of 18 independent colleges and institutes.Entry Requirements:
EU Home Students:
- A good first degree (minimum second-class honors) in a relevant subject. Relevant subjects include, but are not limited to, economics, mathematics, statistics, physics, engineering, or computer science.
- A strong background in mathematics, including calculus and linear algebra.
- An understanding of the fundamentals of microeconomics and macroeconomics.
- A working knowledge of spreadsheet software and statistical analysis packages.
- Ideally, some experience of working in the aviation industry.
International Overseas Students:
- As above for EU Home Students.
- IELTS score of 7.5 overall, with no less than 7.0 in any individual component.
- TOEFL score of 110, with no less than 26 in each of the four components.
- Other qualifications may be considered on a case-by-case basis.
Language Proficiency Requirements:
- All applicants must have a strong command of English, both written and spoken.
- This is typically demonstrated through a recognized English language test such as IELTS or TOEFL.
- For EU Home Students, the minimum requirement is an IELTS score of 7.0 overall, with no less than 6.5 in any individual component.
- For international students, the minimum requirement is an IELTS score of 7.5 overall, with no less than 7.0 in any individual component.
Additional Information:
- Applicants with significant professional experience in the aviation industry may be considered for entry even if they do not meet all the academic requirements.
- The selection process is competitive, and meeting the minimum entry requirements does not guarantee admission to the program.
- All applicants are encouraged to submit a personal statement that outlines their reasons for wanting to study this program and their career goals.
- The University of London accepts a wide range of qualifications from around the world. Please visit the University website for more information on qualifications accepted for entry.