Preparatory Course for the Chartered Valuer and Appraiser (CVA) Programme
- Finance & Investment
This programme is conducted online and on-campus.
Note: To sign up for the SMU preparatory course, you must first successfully apply as a CVA Programme candidate with the Institute of Valuers and Appraisers, Singapore. Apply to be a CVA Programme candidate here.
To use your SkillsFuture Credit, please submit your claim through our payment portal. Do not submit the claim manually via the SkillsFuture page. Please refer to our step-by-step guide here.
19 Days
Weeknights (7pm - 10pm, Online)
Saturday (9am - 5pm, On-campus)
Who Should Attend
- This preparatory course is designed for CVA Programme candidates who seek additional learning support in preparing for Modules 1 to 5 examination.
Admission Requirements
Only CVA Programme candidates may apply for the SMU preparatory course.
Apply for CVA Programme
Apply to become a CVA Programme candidate with IVAS. Apply here.
Register for Module 1 to 5 Examinations
Once accepted into the CVA Programme, register directly with IVAS for your Module 1 to 5 examinations. You will receive an email with registration instructions.
It is recommended to register for your Module 1 to 5 examinations first to receive the official IVAS learning materials before starting the preparatory course.
Note: The CVA curriculum comprises five modules and offers you flexibility in completing the first four modules (Module 1 to Module 4). You can take Module 1 and Module 2 in any order or simultaneously, before proceeding to Module 3 and Module 4. You must pass Module 1 to Module 4 before taking the Capstone Module, which is case-based and application-focused.
Overview
The Chartered Valuer and Appraiser (CVA) Programme is developed by the Institute of Valuers and Appraisers, Singapore (IVAS) under the umbrella of the Accounting and Corporate Regulatory Authority (ACRA).
The CVA programme is the first Business Valuation certification programme in Asia to be benchmarked against international standards. It is grounded in the competency, ethical, and professional requirements advocated by the International Valuation Standards Council (IVSC), the global standards setter for valuation.
Developed in consultation with industry practitioners from the Accountancy, Banking, Legal, and Investment Management sectors, the CVA curriculum integrates technical knowledge with practical experience. Candidates benefit from case studies and real-world insights focused on Asia and emerging markets, ensuring that learning can be applied immediately in professional practice.
The programme enjoys wide industry endorsement, supported by regulators, professional bodies, and international accounting firms, establishing it as a trusted credential for valuation professionals.
SMU has been appointed as the training partner to deliver preparatory courses for CVA candidates in Singapore, Thailand and Indonesia. Through SMU’s structured preparation, candidates gain the knowledge, practical skills, and confidence needed to succeed in their CVA journey.
About the Chartered Valuer and Appraiser Programme
The Chartered Valuer and Appraiser (CVA) Programme is a comprehensive certification programme designed for professionals looking to build or advance their career in business valuation.
What Sets the CVA Programme Apart
Internationally benchmarked standards – Built upon competency, ethical, and professional standards established by the International Valuation Standards Council (IVSC), the global standards setter for valuation.
Industry-developed curriculum – Created through extensive consultation with senior practitioners from Accountancy, Banking, Legal, and Investment Management sectors.
Practical, market-focused approach – Integrates comprehensive technical knowledge with real-world experience through insights from industry experts and case studies focused on Asian and emerging markets.
Learning Objectives
At the end of the course, participants will be able to:
- Apply core valuation approaches and methodologies to transactions, financial reporting, and corporate decision-making with confidence
- Build professional credibility by adopting best practices in valuation reporting, incorporating ESG factors, disclosures, and stakeholder considerations
- Develop practical skills in valuing both private and public companies, equity interests, intangible assets, and prospective financial information
- Gain foundational knowledge of the business valuation landscape, including international standards, professional competencies, and ethical practices
- Master fair value measurement under IFRS and its application in business combinations, impairment testing, and financial reporting
- Understand the intersection of law and valuation, including dispute resolution, legal principles, and the role of valuers in litigation and arbitration
Topic/Structure
To achieve the The Chartered Valuer and Appraiser Programme (CVA), participants will need to complete the following modules offered by SMU Academy:
- Module 1: Introductory Valuation
- Module 2: Law and Valuation
- Module 3: Valuation for Transactions
- Module 4: Valuation for Financial Reporting
- Module 5: Capstone - Applied Valuation
Assessment
As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.
Participants are required to attain a minimum of 75% attendance and pass the associated assessment for each of the modules in order to be awarded a certificate of completion for each module issued by Singapore Management University.
Calculate Programme Fee
Fee Table
| EMPLOYER-SPONSORED | |||
|
PARTICIPANT PROFILE |
SELF-SPONSORED |
SME |
NON-SME |
|
Singapore Citizen < 40 years old Permanent Resident LTVP+
|
$4,970.40 (After SSG Funding 70%) |
$1,930.40 (After SSG Funding 70% |
$4,970.40 (After SSG Funding 70%) |
|
Singapore Citizen ≥ 40 years old |
$1,930.40 (After SSG Funding 70% |
$1,930.40 (After SSG Funding 70% |
$1,930.40 (After SSG Funding 70% |
|
International Participant |
$16,568 (No Funding) |
$16,568 (No Funding) |
$16,568 (No Funding) |
All prices include 9% GST
Please note that the programme fees are subject to change without prior notice.
Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.
Self Sponsored
SkillsFuture Credit
Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.
This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.
Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).Workfare Skills Support Scheme
From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.
Employer Sponsored
Enhanced Training Support for SMEs (ETSS)
- Organisation must be registered or incorporated in Singapore
- Employment size of not more than 200 or with annual sales turnover of not more than $100 million
- Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
- Trainees must be Singapore Citizens or Singapore Permanent Residents
- Trainees must not be a full-time national serviceman
- Trainees are eligible for ETSS funding only if their company's SME status is approved prior to the course commencement date. To verify your SME's status, please click here.
Please click here for more information on ETSS.
Absentee Payroll
Employers who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:
AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)
Intake Information
Next Intake: January 2026
Please note that the following intake will be in July 2026. There are two standard intakes each year.
Additional Details
Module Exemption
Graduates of the Singapore Chartered Accountant (CA) Qualification who have passed the Business Value, Governance and Risk (BG) module (from December 2022 onwards) will be exempted from Module 1.
