ME201-ACS - Introduction to Machinery and Equipment Valuation (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 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
- Learn from industry subject matter experts from companies such as Boeing, Airbus, GE Pratt, Aircraft
Post, Jetnet, Bluebook who will serve as special guest
speakers.
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.
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.