ME203-ACS - Advanced Topics in Aircraft Appraisals I

Registration

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Course Information

The Advanced Topics in Aircraft Appraisals course, ME203AS (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 College of Business faculty and industry practitioners with an ASA designation at the Embry-Riddle Daytona Beach campus. This 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 program also introduces participants to various aviation specialties including UAS, helicopters, flight simulators and aviation engines. ME203AS 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

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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.