Quantitative Analysis

Some AI educational programs may not be approved in every state.

Students should check state approvals prior to registering for any Appraisal Institute program.

To register for this program, go to the bottom of the page.



Who should enroll
  • General or residential Candidates for Designation who are working toward an MAI or SRA designation
  • MAIs or SRAs who want to further their knowledge and skill base in statistics
  • Certified general or residential real property appraisers
  • Tax assessors
  • Attorneys
  • Bankers
  • Review appraisers
  • Market researchers
Description This course focuses on the practical application of quantitative tools for analyzing data, drawing appropriate conclusions from datasets, and presenting both the analysis and the conclusions in ways that enhance communication with appraisal clients. It reviews and furthers the application of basic statistical measures (mean, median, mode, standard deviation, etc.) and spends a good deal of time on graphical and regression analysis.

Central goals of the course include showing participants how to understand the reliability and validity of data used to draw conclusions as well as providing the knowledge needed to support the conclusions others may draw from the same or similar datasets. Presentation and activities make extensive use of real-world appraisal applications and are aimed at furthering an appraiser’s ability to provide credible analysis of real property-related issues.
Objectives
  • Properly apply and explain statistical methods such as simple and multiple regression analysis using market information.
  • Critique statistical applications.
  • Identify how to incorporate statistical analysis in valuation reports.
  • Identify how to evaluate the reliability of various types of data used in valuation.
  • Use the language of quantitative analysis properly.
  • Use graphs to present data and analysis.
  • Identify research design issues such as hypothesis construction, data reliability and validity, and sampling issues.
Prerequisites
Required:

Recommended:



Refer to this page for details of state approval hours for this course.

  • Attended Only:

    275
  • Attended Only:

    275
  • Attended Only:

    275
  • Attend and Pass Exam:

    375
  • Attend and Pass Exam:

    375
  • Attend and Pass Exam:

    375
  • Pass Exam Only:

    325
  • Pass Exam Only:

    325
  • Pass Exam Only:

    325
30 hours
Yes. A pre-class, 2-hour online session.
Yes
3
Advanced
  • A financial calculator is required. The accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
  • You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
  • For more information and a free review, click here.
  • For additional help with the HP-12C calculator, take our online seminar Using Your HP-12C Financial Calculator
  • HP-12C calculator User's Manual.
N/A
  • A financial calculator is required. The accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
  • You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
  • For more information and a free review, click here.
  • For additional help with the HP-12C calculator, take our online seminar Using Your HP-12C Financial Calculator
  • HP-12C calculator User's Manual.
  • Microsoft Excel 2010 must be loaded and operational (external mouse recommended). (You may use other spreadsheet programs, but those programs won’t be supported in class; demonstrations will be done in Excel.)     
  • Do not enroll expecting to be taught how to use Excel. 
  • Note to Mac users: Microsoft does not support the Data Analysis Tool Pack in Mac Office Excel 2008 or Mac Office Excel 2011. However, they do suggest free third-party add-ins with similar functionality. For 2008, click here. For 2011, click here.
Online Requirements

Live Online FAQ

  • Microsoft Excel 2010 must be loaded and operational (external mouse recommended). (You may use other spreadsheet programs, but those programs won’t be supported in class; demonstrations will be done in Excel.)
  • Do not enroll expecting to be taught how to use Excel. 
  • Note to Mac users: Microsoft does not support the Data Analysis Tool Pack in Mac Office Excel 2008 or Mac Office Excel 2011. However, they do suggest free third-party add-ins with similar functionality. For 2008, click here. For 2011, click here.

Please review the FAQs for important information regarding registration and cancellation deadlines; mandatory diagnostic test; online session; and course equivalencies.

Designated members, Candidates for Designation and Practicing Affiliates will receive the discounted AI Price for the MAI designation courses: Advanced Income Capitalization, Advanced Market Analysis and Highest Best Use, Advanced Concepts and Case Studies, and Quantitative Analysis. All others will pay full price.
For more information on how to become a Candidate for Designation, click here.

Important Note: Mandatory Diagnostic Test
Before enrolling in this or any other MAI designation course, you must pass a diagnostic test. The Excel diagnostic tests your mastery of solving appraisal problems using spreadsheets. This newly released diagnostic test was intentionally designed to be challenging and ensure participants have adequate Excel skills before taking MAI designation courses. For more information, check out the Diagnostic FAQ.

 

Excel is used extensively in the MAI designation courses; it is highly recommended that you know how to perform the necessary appraisal functions in Excel to succeed in this course.

The diagnostic test is free and can be taken at any time on your personal computer. To register for the test, please click here.

This course implements a blended learning approach, which includes:
  • A pre-class, 2-hour online session
  • 30 hours of traditional classroom education
  • A 3-hour exam on the 5th morning.

This course is in the Analytics for Valuation Professional Development Program. View this list of FAQs, which includes information regarding the courses you’ll need to complete the program successfully.


You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.
Course Design
This course implements a blended learning approach which includes:
  • Mandatory diagnostic test. Before enrolling in this or any other MAI designation course, you must pass an Excel diagnostic to demonstrate your mastery of solving appraisal problems using spreadsheets. The diagnostic is intentionally designed to be challenging and ensure participants have adequate Excel skills before taking MAI designation courses.  The diagnostic test is free and can be taken at any time on your personal computer. To register for the test, please click here. For more information, check out the Diagnostic FAQ.

  • A pre-class, on demand (self-paced) online session component. The on demand component is available beginning 28 days before the live online (synchronous) course begins.  The online component requires the completion of a pre-class assignment at least 2 days before the live online (synchronous) course begins.

  • 30 hours of live online (synchronous) education. Each live online session runs for 4.0 hours each day with at least 2 breaks during that time. The course runs for 8 half-days (Monday – Thursday) over 2 weeks.

  • A 3-hour proctored exam at an offline testing center. You will have 90 days from the time that you complete the course to take the proctored exam. Testing center locations in your area can be found by clicking on this link: www.pearsonvue.com/ai.

Pricing
Appraisal Institute Designated members, Candidates for Designation, and Practicing Affiliates will receive the discounted AI Price for MAI Designation education courses: Advanced Income CapitalizationAdvanced Market Analysis and Highest & Best UseAdvanced Concepts & Case Studies, and Quantitative Analysis. All others will pay full price. For more information on how to become a Candidate for Designation, click here

Other Details
Please review the FAQs
for more information regarding registration and cancellation deadlines, the mandatory diagnostic test, on demand online session component, and course equivalencies.

 


This course allows the option to test out of the course. Click to Challenge examination.


NOTE: States DO NOT  provide credit for challenge examinations.

Classroom Offerings

Sponsor Date Location Instructor(s)

Synchronous Offerings

Sponsor Date Location Instructor(s)