You need 3 components to complete all Candidate Member requirements: Courses, Applied Experience and Work Product Review.
What courses do I take?
The courses are all online through the University of British Columbia, so you can take them from anywhere in the world.
The following courses are required in the PGCV program:
BUSI 331 Real Estate Investment Analysis and Advanced Income Appraisal
BUSI 401 Commercial Property Analysis
BUSI 442 Case Studies in Appraisal I
BUSI 452 Case Studies in Appraisal II
Guided Case Study: BUSI 497 – Agricultural Guided Case Study OR BUSI 499 – Income Property Guided Case Study
In addition to the 5 core courses, 1 of the following elective courses is required:
BUSI 300 Foundations of Real Estate Economics
BUSI 344 Statistical and Computer Applications in Valuation (as of January 2007)
BUSI 443 Foundations of Real Property Assessment and Mass Appraisal
BUSI 460 Critical Analysis and Forecasting
What applied experience do I need?
The Applied Experience Program (AEP) provides practical experience within the valuation industry, and ensures that all Candidate Members obtain relevant experience in the application of the First Principles of Value in a professional setting and develop the professional competencies of AIC Members that are expected by clients.
The minimum experience requirement is counted from the day of acceptance into the AEP. Candidates will be notified by the provincial affiliated association office of the date of acceptance.
Candidates must attain no less than two years of applied experience prior to writing the AACI Applied Experience Exam.
What is the Work Product Review?
Work Product Review (WPR) involves having three (3) pieces of your appraisal work assessed by National Peer Reviewers. A Candidate Member can begin submitting appraisals for WPR while still enrolled in the Applied Experience Program. The WPR ensures that work product completed and submitted by a CRA or Candidate Member is in compliance with the CUSPAP. Further:
- Submissions must be successfully reviewed prior to uploading your next work product.
- Each submission should provide evidence of growth and complexity of assignment.
- Each submission should provide a different focus for the report.
I’ve completed my courses, work experience and work product review