Who is This Course Suitable For?
Studying the Diploma in Superyacht Management is particularly aimed at yacht managers, technical managers, charter managers, DPA’s and also captains and senior crew looking to make the transition to a shore based support role.
12 – 18 months
12 in total
About the Course
As a progression from our successful Diploma in Superyacht Operations, the Diploma in Superyacht Management has been developed. This course is specifically designed to cover the specialist knowledge required by those currently working in or making the transition to, the yacht management sector or its divisions. This course will teach you the essential elements of yacht management on a day to day basis. With this Diploma you will develop your knowledge of the superyacht industry from a yacht management perspective, enabling you to fulfil your job role to its maximum potential with greatest efficiency.
Module subjects include ownership structures, personnel, logistics and safety management along with other essentials such as technical management, insurance, budgeting and charter management.
The course consists of 12 modules. All students are required to successfully complete and pass the module assignments. Diploma students will also be required to sit and pass a final examination.
1. An Introduction to Superyacht Management
- General background to the superyacht industry – a little bit of history
- International regulation of shipping (which includes superyachts)
- Flag states
- Classification societies and the role of class
- Different levels of regulation
- So what is superyacht management?
- The superyacht management marketplace today
2. Management of Safety
- Maritime law and conventions
- The flag state
- Codes of practice for commercially operated yachts
- Health and safety on board ship
- Managing owner’s expectations
3. Emergency Preparation and Response
- An introduction to emergency preparation and response
- Preparation and planning
- Emergency organisation
- Training and drills
4. Ownership Structures
- SPVS – Special Purpose Vehicles
- CSPS -Corporate Service Providers
- Ownership structures
- The family office
- Agreements and contracts
- Value Added Tax
- Brexit and VAT
- Flag and registration
- Finance and insurance
- Anti-Money Laundering (AML)
5. Logistics of Superyacht Management
- Main cruising areas
- Critical equipment
- Provisions and miscellaneous
- New builds
6. Budgets and Accounting
- Financial policy
- Double entry bookkeeping
- Preparing for an annual budget
- Cash management
- Charter accounting and the APA
- Internal controls
- Value Added Tax (VAT)
- Bribery Act
7. Management of Security
- SOLAS convention and the ISPS Code
- Who does the code apply to?
- The aims of the ISPS Code
- Ship security assessment and ship security plan
- Cyber security
- The ship security plan
- How to set up an ISPS system
- Procedures for ISPS port entry
- Company security officer
- Ship security officers
- The on-scene security survey
- Non-compliant facilities
- Physical security
- Close protection
- Maritime security personnel
- Maritime training courses
- High risk area
8. Essential Law
- Legal concepts
- Maritime law
- The legal side of marine insurance
- The practical side of marine insurance
10. Technical Management
- Being a technical manager
- The different aspects of technical management
- Flag requirements
- IMO requirements
- ISM code
- ISPS code
- Technical responsibilities
- Emergency response
11. Charter Management
- Role of the charter manager
- Charter party profile and preferences
- Safety and security
- Superyacht crew and shore support
- How superyacht sizes and use impact the crew
- Typical crew day in a charter yacht
- Maritime labour convention
- Crew contracts
- Disciplinary procedures
- Crew induction
- Career development
- Crew management
Meet the Course Director
Fleet Manager, Burgess
As Ship’s Technical Services Manager, Alan was involved in a number of
the ship’s refurbishment projects. In 1997 Alan joined the Cunard ISM project team as Technical Adviser. After the implementation of the ISM code Alan felt it was time for a change and subsequently joined Nigel Burgess Ltd (NBL) in January 1998.
DIPLOMA IN SUPERYACHT MANAGEMENT
On passing the Diploma, you will receive the above icon. Please use it on your business cards, LinkedIn profile and website(s)!
You can also use these letters after your name: MTA Dip SYMGT
While the nature of distance learning is independent study, we recognise the importance of support. Students can contact us at any time during their course for assistance and our team of industry experts are always on hand for advice.
We have over 50 industry experts writing, developing and advising on our course material. We truly believe that allowing students to tap into their expertise and knowledge is of the utmost importance to fulfil your dream career.
If you would prefer to complete this as a classroom-based course, please contact us.
How long do the courses take to complete? What's the difference between a Diploma and a Certificate? Read through our Frequently Asked Questions below to find out the answer.