Foundation in Valuation Methodology
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From £841.50 + VAT
This is a online course that you can study in your own time. There are six modules, plus an exam at the end of the course. In each module, you have access to eLearning, reading, case study and a quiz. You also have access to live online consolidation sessions, where a tutor will take you through the module, case study and any tricky elements of learning. Each module is expected to take you one month. You are given a further two months to complete your exam and complete any further outstanding work. After this time, the course will end, and you will no longer have access to these materials.
Overview
Designed for professionals wanting to gain a fundamental understanding of the key valuation methods and best practice techniques for measurement and inspection.
This eight month distance learning course will enable you to assess the property market and be in a position to identify and apply different types of valuation, and create valuation reports in line with RICS best-practice and international standards.
This course has been designed to give professionals detailed knowledge needed for valuation, focusing on the main competencies of valuation practice: inspection, measurement and valuation methodologies and then will take them through the application of that knowledge and provide guidance and best practice on how to write Red Book compliant reports which will ensure that any valuation report meets RICS as well as international standards (including IPMS and IVS).
Who would this course benefit?
Professionals completing this course will be recently graduated from university or new in their role and to valuation. It will support the development of the core Valuation Pathway competencies (inspection, measurement and valuation) as well as extremely beneficial to any candidate declaring the valuation competency on any RICS Pathway.
Published date: 01 December 2023
Reviews
“The course provided me with perfect insight into valuation basics, helping me better understand the methods and serving as a great add-on to my career. In addition, the e-learning format was helpful as it allowed me to allocate time to the training modules according to my busy work schedule. I would definitely recommend this training course.”
“The course offered substantial reading materials and access to iSurv, which was particularly important as it provided important review materials. The structure closely aligned with my expectations, and the facilitator's feedback was very helpful.”
“During my early career as a valuer, I encountered many gaps and areas where I felt less confident, topics I hadn't studied at university. A course like Valuation Foundation would have been invaluable, providing the holistic overview I needed as a stepping stone to building experience and further professional development within a global learning community.”
Programme
Modules
The course is composed of 6 technical modules which contain: e-learning, reading materials, case studies, discussion forums, live web classes and quizzes.
The modules cover the core valuation competencies of inspection, measurement and valuation methodologies as well as an introductory and conclusion/review module as follows:
- Module 0: Course Introduction
- Module 1: Context and information gathering for valuation
- Module 2: Comparable method and the market
- Module 3: Investment method and two techniques
- Module 4: Residual method traditional
- Module 5: DRC and profits methods overview
- Module 6: Valuation Standards and the client
- Module 7: Course Review and Summary
Exam
- After Module 7, there will be a final exam of 1.5 hours
- Learners will complete 50 multiple choice questions randomised from a question bank of 100
- To pass the course, learners will need to score a min of 65%
- Where a learner scores less than 65%, a second attempt will be possible. Any additional attempts must be requested to the Online Academy
- The exam window will be one month
Learning outcomes
After this course, you will be able to:
- Identify when and why a valuation is required
- Apply best practice on inspection and investigation
- Explain the international aspect of property measurement
- Assess and identify the main drivers of value in your local market and globally
- Describe and understand the role of the value within the property market
- Explain key valuation methods theories and techniques
- Select most appropriate method of valuation for a given property scenario
- Produce a valuation applying the appropriate method of valuation
- State the purpose of International Valuation Standards and RICS Valuation – Professional Standards
- Describe the use of Valuation Standards from the client's perspective
Need help? Complete our online enquiry form here
or call us on +44 (0)24 7686 8584
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