Excel Applications for Valuation

Description

More and more, appraisers are using spreadsheets rather than financial calculators in their day-to-day work to solve complex appraisal problems. The use of Microsoft Excel and Excel templates provide efficiencies that assist appraisers in meeting modern appraisal market demands.
 
Featuring several hours of video instruction, the focus of Excel Applications for Valuation is to increase the participant’s level of ability in using Microsoft Excel. The program also provides the opportunity to develop and review the Excel skills needed for the Appraisal Institute’s advanced coursework leading to the MAI designation. The examples and templates in the course mostly relate to general appraisers, but the Excel skills covered may also be beneficial to residential appraisers.
 
A wide range of material is covered in this course, starting with the very basics, then progressing to more advanced Excel functionality including financial math, discounted cash flow analysis, simple statistics, and generating charts and graphs. The course materials include some basic Excel templates that are used for in-class examples and can also be used outside of class in a general valuation practice.
Sponsor Date Location Delivery Format State Approvals  
Appraisal Institute On Demand Online  Check Register

Who should Enroll

  • Appraisers planning to take advanced courses towards the MAI designation.
  • Appraisers who want to sharpen their Excel skills.

Objectives

After satisfactorily completing the program, students will be able to:
  • Create Excel worksheets and demonstrate basic formatting, math, and reporting functionalities.
  • Solve problems using financial math functionality.
  • Demonstrate how the Excel copy functionality is used with formulas and calculations.
  • Use Excel functions and formulas to calculate the following:
    • Adjusted price in adjustment grids
    • Net and gross adjustment
    • Market conditions adjustment
    • Economic life
    • Depreciation
    • Loan constant
    • Financial functions (PMT, PV, FV, RATE, NPER)
    • Discount rate
    • Present value and internal rate of return

Prerequisites

None.

Exam

No Exam

Level

Basic/Intermediate

Program State Approval & Hours

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

Program State Approvals
On-Demand Online Education (also known as Asynchronous Distance Education) - Any distance education course where the instructor and student interaction is non-simultaneous; the students progress at their own pace and follow a structured course content and quiz/exam schedule.

Appraisal Institute CE Points

Attend: 40 AI Points

Class Time

8 hours

Assignments

None.

Program Overview


Required and/or Recommended Equipment

Software required: Microsoft Excel 2010 or higher. Note: The course is designed for students to work along in an Excel workbook as they view the video instruction. Therefore, recommended equipment includes a computer with dual monitors, or at least a single large monitor that can be divided into two separate windows. The need to flip back and forth between video and the Excel templates on a small laptop monitor will increase the amount of time required to complete the course.

System Requirements


Additional Information

Online Course Access
Go to www.appraisalinstitute.org and log in with the username and password you used when you registered. Click on the red “My Account” button if you are not automatically taken to your account page.
1. Click "Education and Events" on the right navigation menu.
2. Find the course under the “Online Courses” heading and click the “Begin” button.
IMPORTANT NOTE: Once this button is clicked, your access length time (e.g. 90 days) will begin. Only click when you intend to start the course. If you are returning, once you have started the course, click the “Continue” button to continue.

Other Details:
For information about how on demand online education programs work, registration and cancellation policies, and other details, see our On Demand Online Education Frequently Asked Questions.