ME202-ACS - Machinery and Equipment Valuation Methodology (Aviation Specific)
Category: Machinery & Technical Specialties
Continuing Education: 28.8
Registration
Please see the "Upcoming Classes" tab for class offerings and registration information.
Course Description
This course
will build on the fundamental principles of appraisal terminology, methods and
concepts discussed in ME 201AS. The course will also introduce participants to
basic aircraft terms, aviation concepts and application and aircraft logbooks
and other records. ME202AS will assist participants in broadening their skill set and
enhancing their career path and professional standing in aircraft appraisals, banking and
finance and related fields.
Instructional Methods
In addition to lectures and materials, this course will provide
opportunities for participants to:
- Read and discuss MTS journal articles that highlight
current developments in the aircraft appraising profession;
- Discuss current, historic and possible future impact
to aircraft values;
- Listen to expert guest speakers from the aviation
industry on important topics relevant for aircraft appraisers; and
- Gain hands on experience with aircraft assets.
New Aviation Valuation Courses
ASA now offers all four MTS Principles of Valuation courses with a focus
on aviation valuation through our partnership with Embry-Riddle Aeronautical
University. Students may now register for ME201ACS - MTS204-ACS and
will no longer be required to pass an aviation specialty exam in order to earn
an AM or ASA designation.
No prerequisites for this course.
There is no available agenda for this
course.
Upon completion of this course, students will be able
to:
- Understand the functions and purposes of appraisals;
- Assess the three approaches to Value and Depreciation;
- Discuss the Sales Comparison Approach or Market Approach to Value;
- Understand the Income Approach and Discounted Cash Flow Analysis (DCF);
- Identify the introduction to statistical concepts and forecasting
techniques;
- Define aircraft terms, aviation concepts and application and aircraft
logbooks and other records;
- Assess field inspection techniques and safety;
- Aviation databases used by aircraft appraisers; and
- Understand ethics and professional standards.