Machinery and Equipment Valuation Courses from the
MACHINERY AND EQUIPMENT VALUATION COURSES ONLINE
These online joint offerings by the University of Missouri-Columbia and the American Society of Appraisers (ASA) provide machinery and equipment valuation education over the Internet. Courses address the machinery and equipment valuation industry and methods, and provide access to students who are unable to participate in a regular classroom setting. These courses are requisites to achieve a designation with the American Society of Appraisers.
What is machinery and equipment appraisal?
The Machinery and Technical Specialties (MTS) discipline encompasses appraisers who appraise machinery, equipment, industrial entities, high-tech equipment, agricultural chattels, aircraft, ships, boats, oil, gas and other mineral reserves, and public utilities. This is a unique group of appraisers who, through specialized education and experience, often work in conjunction with other disciplines, especially business valuation and real property appraisers.
MTS appraisers perform appraisals utilizing the three recognized approaches to value: cost, market and income. Within the MTS general discipline are individual appraisers who have gained further expertise in valuing unique industrial properties and equipment. MTS appraisers often have to possess a working knowledge of how to value intangible and real property.
MTS appraisals are used by bankers, lessors, property owners, attorneys, insurance companies, taxing authorities, governmental agencies and anyone else needing to know the value of property. The purposes of the appraisals vary as the needs dictate.
These appraisers will perform valuations for ad valorem tax, potential sale or purchase, dissolution of a company or partnership, lease financing, normal useful life studies, allocation of purchase price, gift tax, inheritance tax and insurance purposes, to name just a few.
The courses currently offered in the MTS discipline are geared specifically to machinery and equipment appraisers and lead to that designation.
Who should enroll?
- Accountants
- Appraisers
- Assessors
- Attorneys
- Auctioneers
- Bankers
- Department of Transportation staff
- Engineers
- Equipment leasing company staff
- Forensic consultants
- Investment recovery staff
- IRS staff
- New and used machine/equipment dealers
- Machine shop staff
- Farm managers and rural appraisers
What courses are available, and how do I enroll?
ME201OL: Introduction to Machinery and Equipment Valuation
ME202OL: Machinery and Equipment Valuation Methodology
What are the course fees?
ASA members: $750 per course
All others: $800 per course
Note: Course fees will be based on membership status at the time of enrollment in the course(s).
What is the refund policy?
The refund policy for five-week online courses is as follows:
| Prior to the first day of the course |
Full refund less a $20 cancellation fee |
| 1st through 3rd day of the course |
90% refund |
| 4th through 6th day of the course |
50% refund |
| 7th through 12th day of the course |
25% refund |
|
After the 12th day of the course |
No refund |
Course days are counted by excluding Saturdays, Sundays and University
holidays. Students must notify MU Direct by e-mail to MUdirect@missouri.edu, or by fax or in writing.
Notifying the instructor is not sufficient. The amount refunded will be based on the date written notification from the student is received by MU Direct, not the last date of participation in the course.
What are the computer requirements for taking online courses?
For information about computer requirements, please see: http://MUdirect.missouri.edu/tools/requirements.htm
Note: Students are expected to have daily access to the Internet and e-mail for all online courses.
Where do I take the exams?
For information about proctors for exams, please see: http://MUdirect.missouri.edu/ASA/exams.htm
Whom do I contact for more information?
Program or course information:
American Society of Appraisers
1-800-ASA-VALU (272-8258), Ext. 124
Technical questions about online courses or registration:
MU Direct
102 Whitten Hall
University of Missouri-Columbia
Columbia, MO 65211-6300
(573) 882-3598 or 1-800-545-2604
fax: (573) 882-5071
MUdirect@missouri.edu
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