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 ME201-ACS. The course
will also introduce participants to basic aircraft terms, aviation concepts and
application and aircraft logbooks and other records. ME202-ACS 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.
Class Offerings
Classes will be scheduled in the fall of 2020. Please check back for
dates and times.
Aircraft Valuation Program
ASA now offers all four MTS Principles of Valuation
courses with a focus on aviation valuation (ME201-ACS - MTS204-ACS).
Students 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.
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.