The option to challenge a course is only available for Business Valuation (BV) and Machinery and Technical Specialties (ME/ MTS) courses. Additionally a student’s status must be as a “Candidate” in ASA.
The price for challenging a course is $1000 and includes the course manual/all course materials. To "challenge" or test out of an MTS or BV course means that an individual has studied the course materials on their own (without attending the course) and that they passed the course examination. Upon registering to challenge a course students are sent all course materials to review on their own. Once a student passes the exam they are eligible to enroll or challenge the next course in the POV series.
Students have one (1) year from the date of their registration to review the materials and complete the proctored exam. All challenge examinations must be proctored. See “Proctor Requirements” on the course policy page for eligibility information. Courses may ONLY be challenged in sequential order. Retake/challenge applications and Proctor/ Exam requests may take up to ten (10) business days to process so please plan accordingly.
To set up a Course Challenge or Retake Exam please complete the Retake / Challenge Application and return it to the Education Team.
To sign up for a BV Course Challenge online, use the links below.
NEW! 8 Hour BV POV Curriculum Challenge Exam
The Board of Examiners will now accept successful completion of the BV 8 Hour Curriculum Challenge Exam in lieu of successful completion of the four BV POV courses. This Challenge Exam is geared toward experienced business valuation professionals that already have mastered the competencies taught in the POV courses. More Details