ME201-ACS - Introduction to Machinery and Equipment Valuation (Aviation Specific)

Registration

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

Course Description

This course is designed to introduce students to proper aircraft appraisal terminology, methods and concepts. The course will also provide a solid foundation for the complete series of the Machinery and Technical Specialties Principles of Valuation (POV) courses. ME201-ACS will assist each student by broadening their skill set to include an expertise/specialty in the appraisal of aircrafts and equipment, as well as further enhance their career path and professional potential.

Additional course topics include:

• Machinery and equipment appraisal terminology;
• Functions and purposes of appraisals;
• Introduction of the three approaches to value;
• Depreciation and factors affecting depreciation;
• Field inspection techniques and safety;
• Introduction to the issues of indexes in machinery and equipment appraising;
• Basic pricing exercises for current and obsolete assets; and
• Ethics and professional standards.

Instructional Methods

In addition to lectures and materials, this course will provide opportunities for students to:

• Discuss current, historic and possible future impacts to aircraft values; and
• Gain hands on experience with aircraft assets during an aircraft manufacturer, service center or delivery center visit (tentative).

Instructor Information

Dr. Vitaly S. Guzhva, ASA is a Professor of Finance at Embry-Riddle Aeronautical University.  As a corporate pilot, researcher, and educator Dr. Guzhva has over 20 years of experience in aviation, including providing opinions of value for aircraft and components of aviation infrastructure.

Dr. Sunder Raghavan, ASA is a Lou Seno Professor of Finance at Embry-Riddle Aeronautical University and has over 15 years of research and teaching experience in the field of aviation finance. Dr. Raghavan has several publications and presentations in premier aviation finance journals and conferences.

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. 

There is no available agenda for this course.

Learning Outcomes

Upon completion of this course, students will be able to:

• Identify the three approaches to value;
• Discuss various uses of an aircraft appraisal;
• Communicate the requirements of an appraisal (either as an appraiser or someone needing an appraisal); and
• Assess the scope of work and qualifications needed to perform an appraisal assignment.