Complementing the knowledge acquired through formal studies is the completion of a Demonstration Report or Guided Case Study, and participation in the Applied Experience Program. This program provides a framework for candidates to explore and apply the principles of value in real life work situations, guided by a mentor, while at the same time gaining necessary qualifying practical experience.

Members of the Appraisal Institute of Canada (AIC) applying for designated status must complete the requirements of the Applied Experience Program (AEP), including a professional competency interview. Effective January 2007, the AEP requirements will also include the successful completion of a written examination. AEP replaced the former Articling Program in its entirety.

First Principles of Value
AEP ensures that all newly designated members have obtained relevant experience in the application of the First Principles of Value [pdf] in a professional setting, and have developed the professional skills expected by the clients of AIC members. Mentoring, which replaced articling, ensures that candidates are guided in their development and in the application of the principles of value and professional skills. 

Last updated August 26, 2010