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Chartered Valuer and Appraiser Programme

Programme Overview

Business Valuation is gaining prominence in Asia, especially in Singapore. The Singapore Government’s Committee on the Future Economy (CFE) has identified Business Valuation as one of the high growth practice areas that will drive demand for Singapore’s legal and accounting services.​

The increasing demand for business valuation services is fuelled by:

  • the rise in merger and acquisition (M&A) activity;
  • Singapore’s growth as a centre for litigation proceedings and arbitration;
  • growing importance of intellectual property in business and
  • the use of fair value measurement in the financial reporting framework.

The Chartered Valuer and Appraiser (CVA) programme is the first and only programme in Asia that provides a structured and formalised pathway aimed at raising the standards of ethics and professionalism among professionals who are involved in transactions, litigation and arbitration, and financial reporting. The programme instills in participants the technical competencies in valuation concepts, principles and applications as well as the approaches and methodologies for conducting valuation.

Benchmark to International Standards

The programme was developed in close consultation with industry practitioners from the accountancy, banking, legal and investment communities, based on the competency standards advocated by the International Valuation Standards Council (IVSC), the global standards setter for valuation.

Get Certified By Institute of Valuers & Appraisers, Singapore (IVAS)

Participants who successfully complete the programme and meet the requi​rements for relevant work experience may apply to Institute of Valuers & Appraisers, Singapore (IVAS) to become a certified Chartered Valuer & Appraiser (CVA).



Asia's 1st and only professional Business Valuation programme

Benchmark to international standards

Get ahead in your career with the recognised CVA credential

  1. Key Benefits

    • Gain a comprehensive understanding of the standards, conceptual framework, valuation process for various approaches, and practical insights and methodologies to perform quality valuation.
    • Upon successful completion of the programme and with relevant years of work experience, one can apply to IVAS to be certified as a Chartered Valuer & Appraiser (CVA), a prestigious title which has gained regional recognition.
    • Demonstrate professional competence and integrity as a certified CVA holder and earn the trust and confidence of your employers and clients.

  2. Strong Industry Endorsement

    To date, 18 professional industry partners have committed to sending participants to the programme. This is a strong message from the business valuation profession that the CVA programme has wide industry relevance.


































     
    "The Chartered Valuer and Appraiser programme provides a formal and structured professional development pathway for business valuers and over time, this will raise the bar for the level of proficiency and competency among professionals working in the accountancy sector. Business valuation will be an important area of growth in our region and Deloitte is delighted to support the CVA programme."
    Mr. Keoy Soo Earn
    Partner & Southeast Asia Leader, Mergers & Acquisitions, Valuation & Modelling
    Deloitte Singapore

    "The legal profession regularly taps on valuers as expert witnesses for litigation and arbitration cases heard in Singapore. The launch of the Chartered Valuer and Appraiser programme by IVAS is timely as it will enable legal practitioners and their clients to assess the competency of expert witnesses. I believe this could be a significant enhancement to our dispute resolution processes. Over time, I am confident that the programme and the accompanying certification will raise the standards for the quality, professionalism and ethics in business valuation."
    Ms. Rachel Eng, Deputy Chairman
    WongPartnership LLP
  3. Who Should Attend

    - Professionals with business valuation as their core function, such as business valuers ​who work in professional services or corporations.

    - Professionals whose core duty is not business valuation, but need to deal with business valuation as part of their routine work. Typical participants include:
         - Accountants
         - External auditors
         - Corporate & investment bankers
         - Fund managers
         - investment analysts

    - Professionals who have a strong interest in, or are affected by aspects of business valuation in the discharge of their duties, such as legal professionals, regulators and board of directors.

    Admission Criteria


    - A bachelor's degree or equivalent in any field from a recognised institution.

    - Recommended prior knowledge of accounting and finance.

    - Writing, speaking, and presentation ability in English.


    At any time, Nanyang Executive Education Admissions Office reserves the right to accept or reject the application of any participant without assigning any reason whatsoever and the Office’s decision will be final.

  4. Programme Structure & Assessment

    Targeted at the accountancy, financial and legal sectors, the curriculum is designed with an “outside-in” approach that starts with considering industry’s evolving needs and perspectives.

    The course of study is defined by logical progression in three successive levels:



    Level 1: Learning Outcomes
    An introduction to the standards, terminologies, principles and process in carrying out a Business Valuation exercise. Participants will get insights into the collection and analysis of both quantitative and qualitative information.

    Participants will also understand best practices in preparing and forecasting financial information.

    Level 2: Learning Outcomes
    Participants will learn the conceptual framework, the valuation process for various approaches, and practical insights and methodologies used in estimating the value of businesses and intangible assets.

    In addition, participants will understand purchase price allocation exercise, and be able to perform impairment testing of goodwill and intangible assets in accordance with financial reporting standards.

    Level 3: Learning Outcomes
    Participants will learn how to apply the concepts, methodologies and approaches taught in the previous two levels. Participants will also understand the professional expectations of a valuer, and practice standards to adhere to for a career in Business Valuation.

    Please click here for details of the programme outline by level.

    Assessment

    The programme includes an assessment at the end of each level. There will be a total of three assessments for the full programme. Participants must successfully pass the assessment at each level to progress to the next level. The assessments are conducted in English and will be taken in Singapore.

  5. Flexible Learning Routes

    Participants may select the structured or self-study route according to their learning style and availability:

    Structured Learning Route
    For individuals who prefer a more disciplined approach of attending scheduled classes and interacting with faculty, industry practitioners and coursemates.

    Self-Study ​Route
    For individuals who prefer a self-starter approach with the flexibility of studying at their own pace before sitting for the assessment.

  6. Programme Duration

    The duration for each level is 6 months. The duration of the entire programme for both routes is 18 months (assuming the individual passes the assessment for each level at the first attempt).​​​​​​​​​​​
    Deferment/Withdrawal
    You are strongly encouraged to complete the programme within 3 years from the date of enrolment. You can only request for deferment once throughout the course of study, and any deferment/withdrawal is considered strictly on a case-by-case basis. 

    Please note that all deferment/withdrawal requests are subject to approval and must be submitted in writing to cva@ntu.edu.sg at least 2 months before the exam date/class start date.
     

  7. Program​me Dates and Venue

    Intake 8 - 1st Feb 2020
    Assessment (Exam) - 16 May 2020
    Click here to register!

    ​ ​​ ​INTAKE 8 (Level 1)
    ​Module 1 Module 2​ ​Assessment (Exam)
    ​1 Feb 2020 (Full day) ​28 Mar 2020 (AM) 16 May 2020
    ​15 Feb 2020 (Full day) 4 Apr 2020 (AM)​ ​​
    ​22 Feb 2020 (AM) 18 Apr 2020 (AM)​
    25 Apr 2020 (AM)​
     
    Classes are typically conducted on Saturdays (full day or half day).
    Full day session: 9am - 5pm
    AM session: 9am - 1pm
    PM session: 1pm - 5pm

    Classes are held at NTU@one-north, Executive Centre.
    Address: 11 Slim Barracks Rise (off North Buona Vista Road), Singapore 138664
    MRT: Buona Vista Station (Exit D)

    Nanyang Executive Education reserves the right to change the date, venue and programme due to unforeseen circumstances.

  8. Fees & Funding Support

    ​​ Structured Learning​ Self-Study​
    ​One-time administration ​fee
    (covers 3 levels)
    S$300.00​ S$300.00​
    ​Programme fee
    (per level)
    S$6,000.00​ S$2,000.00​
    ​Full programme fee
    (3 levels)
    S$18,000.00​ ​S$6,000.00
    Re-assessment fee
    (per level)​
    ​S$400.00 ​S$400.00
     
    All fees quoted above are in Singapore Dollars and exclude 7% Goods & Services Tax (GST).


    SkillsFuture Funding

    Structured Learning Route

    ​Fee per level
    (before funding & GST)
    Fee Per Level
    (after funding & GST)
    ​Singapore Citizens / PR (aged ≥ 21)​
    Course Fee Grant - up to 70%
    ​S$6,000.00 S$1,926.00​
    ​Singapore Citizens (aged ≥ 40)
    MCES1 - up to 90%
    ​S$6,000.00 ​S$726.00
    ​Singapore Citizens eligible for WTS
    WTS2 - 95%
    ​S$6,000.00
    ​S$426.00
    ​SME-sponsored Singapore Citizens / PR
    ETSS3 - up to 90%
    ​S$6,000.00 ​S$726.00
    ​Other Citizens without funding
    ​S$6,000.00​
    ​S$6,420.00

    Self-Study Route


    ​Fee Per Level (Before Funding & GST) Fee Per Level
    (After Funding & GST)
    ​Singapore Citizens / PR (aged ≥ 21)
    Course Fee Grant - up to 70%
    ​S$2,000.00 S$642.00​
    ​Singapore Citizens (aged ≥ 40)
    MCES1 - up to 90%​
    S$2,000.00 ​S$242.00
    ​Singapore Citizens eligible for WTS
    WTS2 - 95%
    S$2,000.00
    ​S$142.00
    ​SME-sponsored Singapore Citizens / PR
    ETSS3 - up to 90%
    S$2,000.00 ​S$242.00
    ​Other Citizens without funding
    S$2,000.00​
    ​S$2,140.00

    Please click here​ for more details of the funding table.

  9. Frequently Asked Questions

    Click here to see programme, assessment and funding related questions.

  10. PROGRAMME DIRECTOR

    Assoc Prof Low Buen Sin
    Associate Dean (China Programs and Executive Programs),
    Division of Banking & Finance

    Prof Low Buen Sin is the Associate Dean and the Associate Professor of Finance at the Nanyang Business School, NTU. He is a Certified Public Accountant (Singapore) and a Chartered Financial Analyst (CFA) by profession. Prof Low holds a Bachelor of Accountancy (Honours) from the National University of Singapore, a MBA from the University of Toronto and a Ph.D. degree in finance from the University of Manchester. He is currently the council member for the Institute of Valuers and Appraisers of Singapore, and a member of the Learning and Assessment Committee—Professional Programme, Singapore Accountancy Commission. Prof Low has been actively involved in industry consultation and has conducted executive seminars for major organizations. His research work have appeared in various journals and he has earned various accolades for his academic achievements.

    To read more about Assoc Prof Low Buen Sin and his achievements, please click here. 

  11. Contact Us

    For more information on the programme, please contact:

    Ms Jessica Leong
    Senior Assistant Director
    Nanyang Executive Programmes, Nanyang Business School
    Telephone: +65-6904-7249
    Email: jessicaleong@ntu.edu.sg​​

    Mr Nick Leong
    Associate Director
    Institute of Valuers and Appraisers of Singapore
    Telephone: +65-6325-0537
    Email: nick_leong@sac.gov.sg​​


​​​​​​Add value to your career and your organisation. Become a certified Chartered Valuer & Appraiser.

Download Brochure       Apply Now      
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