The Chartered Valuer and Appraiser Programme (CVA)
- Finance & Investment
This programme is conducted online and on-campus.
19 Days
Weeknights (7pm - 10pm, Online)
Saturday (9am - 5pm, On-campus)
Who Should Attend
- Aspiring and practicing professionals in valuation-related fields such as accounting, finance, law and economics.
Admission requirements
- A Bachelor's Degree or equivalent in any field from a recognised institution;
- Recommended prior knowledge of accounting and finance;
- Writing, speaking and presentation abilities in English.
- The Institute of Valuers and Appraisers, Singapore (IVAS) will make the final decision on the acceptance or rejection of an application.
Note: Participants must complete Modules 1 and 2 in any order, one at a time, or simultaneously—before taking Module 3. Module 3 must be completed before taking Module 4. Modules 1–4 must be completed before taking Module 5: Capstone – Applied Valuation.
Overview
IVAS, an institute under ACRA, was established to advance the Business Valuation (BV) profession through the promotion of professional standards, education, and thought leadership and to develop Singapore into a Centre of Excellence for BV. IVAS is a member of the International Valuation Standards Council (“IVSC”), the global standard setter for valuation.
The CVA Programme is the national certification for the practice of BV in Singapore. Launched in 2016, it is the first BV certification programme in Asia to be benchmarked against the International Valuation Standards (IVS) introduced by the IVSC and provides a structured professional development pathway for aspiring professionals to enter the BV profession.
Building on this foundation, the programme has expanded its delivery with a focus on three priority markets — Singapore, Jakarta, and Bangkok — supported by SMU’s Overseas Centres. Two intakes are offered each year in Singapore, Indonesia, and Thailand, further positioning the CVA Programme as a leading BV certification across the region.
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:
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.
