ME203-ACS - Advanced Topics in Aircraft Appraisals I

Registration

Please see the "Upcoming Classes" tab for class offerings and registration information.

Course Information

The Advanced Topics in Aircraft Appraisals course, ME203-ACS (Machinery and Equipment Aircraft Specialty), is the third of four courses on aircraft specific appraisals required as part of the Accredited Member (AM) or Accredited Senior Appraiser (ASA) designation awarded by the American Society of Appraisers (ASA). The course is taught by seasoned ASA aviation-industry practitioners considered experts in their field.  The course builds on the fundamental principles of appraisal terminology, methods and concepts, and basic aircraft terms, aviation concepts and applications discussed in the prior two courses. The course also introduces participants to various aviation specialties including UAS, helicopters, flight simulators and aviation engines. ME203-ACS will expose participants to a broad spectrum of the aviation world to enhance their career path and professional standing in aircraft appraisals, banking and finance and related fields.

Course Audience

The course is intended for aircraft brokers, aviation appraisers, and professionals in aviation banking, financing, and aircraft maintenance industries.

Instructional Methods

In addition to lectures and materials, this course provides 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 values for different sectors of aviation equipment
• Listen to expert guest speakers from the aviation industry on important topics relevant for aircraft appraisers

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. 

Agenda

Coming Soon!

Learning Outcomes

After completing this course the participants will be able to understand and master:

1. Appraising of unique aircraft assets: warbirds and donative Properties;
2. Appraising inventory of aircraft parts;
3. How aircraft damage affect diminution of value;
4. Appraising commercial aircraft;
5. Advanced topics of aircraft engine appraisals; and
6. Writing and defending aircraft appraisal reports.