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Preparatory Course for the Chartered Valuer and Appraiser (CVA) Programme Module 5: Capstone – Applied Valuation

  • Finance & Investment
Next Intake: 1 Aug 2026 (Sat)
  • Advanced
  • SkillsFuture
  • Full Certificates
  • This module is part of Preparatory Course for the Chartered Valuer and Appraiser (CVA) Programme

This programme is conducted 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.

Next course starts on
1 Aug 2026 (Sat) See Full Schedule
Fee
SGD4,360* (as low as SGD508 after maximum funding) Learn More
Duration

5 days
Session 1 – 1 Aug, 9am - 5pm, On-campus
Session 2 – 15 Aug, 9am - 5pm, On-campus
Session 3 – 22 Aug, 9am - 5pm, On-campus
Session 4 – 29 Aug, 9am - 5pm, On-campus
Session 5 – 5 Sep, 9am - 5pm, On-campus

Level
Advanced
Venue

Singapore Management University

Who Should Attend

  • This preparatory course is designed for CVA Programme candidates who seek additional learning support in preparing for the Module 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 5 Examination

Once accepted into the CVA Programme, register directly with IVAS for your Module 5 examination. You will receive an email with registration instructions.

It is recommended to register for your Module 5 examination 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

This module integrates theoretical and practical applications of concepts from Module 1 to Module 4 in business valuation.

It assess participants’ comprehension and their ability to proficiently apply these concepts across the entire valuation process.

Upon completion of this module, you will be able to:

  • Understand how valuation is significantly affected by the structure of entities and business
  • Understand how to determine the valuation of a company in different stage of life cycle
  • Consider the valuation uniqueness of five specialized industries: (a) Technology, Media and Telecom; (b) Biotechnology; (c) Healthcare; (d) Resources and Renewables; and (e) Financial Services
  • Consider valuation challenges posed by companies operating in emerging markets and how they impact their valuation
  • Understand the impact of Environmental, Social and Governance (ESG) factors on valuation
  • Consider the challenges and the impact on valuations arising from Black Swan situations
  • Understand how to produce a valuation report in accordance with IVS
Programme Partner

IVAS - Institute of Valuers and Appraisers, Singapore | LinkedIn
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 5-day module, participants will be able to:

  • Evaluate and value complex business structures and ownership models
  • Apply and adapt valuation methodologies to companies at various stages of their life cycle
  • Conduct industry-specific valuations by incorporating unique sector drivers and risks
  • Integrate advanced, contemporary factors into the valuation process
  • Critique and prepare professional valuation reports that meet international standards

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 SMU Academy.

Calculate Programme Fee

Click here for more information about SkillsFuture Credits (Not applicable for Company-sponsored participants)
For PSEA - Available only for Singapore Citizen below 31 (Not applicable for Company-sponsored participants)

Total Program Fee: SGD0.00

Fee Table

EMPLOYER-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$1,308

(After SSG Funding 70%)

$508

(After SSG Funding 70%
+ ETSS Funding 20%)

$1,308

(After SSG Funding 70%)

Singapore Citizen ≥ 40 years old

$508

(After SSG Funding 70%
+ MCES Funding 20%)

$508

(After SSG Funding 70%
+ ETSS Funding 20%)

$508

(After SSG Funding 70%
+ MCES Funding 20%)

International Participant

$4,360

(No Funding)

$4,360

(No Funding)

$4,360

(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:  1, 15, 22, 29 Aug & 5 Sep 2026 [Open for Registration]

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