Global Survey on Valuation Education

Global Survey on Valuation Education
Letter to Academic Contacts

Dear Academic Colleague,

The IVSC Academic Forum has recently been established to bring together universities and academic institutions worldwide that are engaged in valuation education and research. The Forum’s mission is to:

Strengthen academic engagement with the IVSC by addressing gaps in valuation education, research, and professional practice.
Provide a global platform for collaboration between academia, practitioners, and professional bodies.

As part of this work, the Forum’s Educational Subcommittee is launching a survey to gather insights into valuation education across IVSC member countries. The survey aims to establish a baseline of current practice, explore opportunities to integrate International Valuation Standards (IVS) into curricula, and assess interest in future initiatives such as an IVSC Lecture Series.

Responses will be anonymised, with findings shared across the Academic Forum and used to inform future initiatives to support valuation education globally. We plan to present initial results at the IVSC AGM and Conference in New Delhi this October, and would greatly value your contribution. By sharing your perspectives, you will help shape IVSC’s approach to education, raise awareness of IVS in teaching, and strengthen the valuation profession worldwide.

The survey will remain open until 30 September 2025, allowing time to provide your input. Looking ahead, we also intend to develop an IVSC Lecture Series for members of the Academic Forum and participating institutions. If you would like to become more involved in the Forum, or have suggestions for future collaboration, please do not hesitate to contact us via contact@ivsc.org.

With thanks and best wishes,

Dr Uche Egwuatu
Chair, Educational Subcommittee – IVSC Academic Forum

Dr Frank Harrington
Chair, IVSC Academic Forum

Section 1: Personal and Institution Contexts

Name(Required)

First Last

Email (please provide this if you wish to receive follow-up communications relating to this survey)

Name of Academic Institution(Required)

In which country is your Institution based?(Required)

Country

Website

Section 2: Course and Programme Information

2.1 Do you teach valuation course?

Yes

2.2 Please provide the following information for each valuation course that you teach.

[COURSE 1]

Course title

Academic level (Bachelor / Master / Doctoral)

Mandatory or elective

Number of teaching hours

Number of credit loads

Semester in which the course is taught

Link to course description (if available)

[COURSE TWO]

Course title (additional course)

Academic level (Bachelor / Master / Doctoral)

Mandatory or elective

Number of teaching hours

Number of credit loads

Semester in which the course is taught

Link to course description (if available)

Section 3: Valuation Instructor/Teacher Qualifications

3.1 What academic qualifications do you hold? (list your academic qualifications)

3.2. Do you personally hold any of the following professional certifications or licenses related to valuation? (select all that apply):

Licensed valuer (national license)

CFA Charter holder

RICS (MRICS or FRICS)

RSV (ESVARBON)

REV or TRV (TEGoVA)

ASA (American Society of Appraisers)

CBV (Chartered Business Valuator – Canada/IIBV)

None

Other (please specify)

Please specify:

Section 4: Programme Regulation and Accreditation

Who regulates and accredits valuation education, and should regulation be encouraged?

4.1. Is valuation education regulated in your country?

Yes

4.1a. If yes, who is the regulator(s)? Answer, (State the name of the regulator or regulators in each case, e.g. government agency, professional body, hybrid system etc.)

4.1b. Do you think that regulation of valuation education should be encouraged?

Yes, if it is flexible in a manner that supports the academic standards

No, because it can be too rigid to the point of stifling academic freedom.

Other

4.2. Which agency or organisation provide accreditation of your valuation education (programme accreditation)?

Government agency

Professional organisation (e.g. RICS, TEGoVA, ASA, SCSI, ESVARBON, IIBV)

Hybrid e.g government agency and valuation professional association.

Other

Section 5: Educational Qualification to Become a Valuer

5.1 Is there a statutory educational qualification required to become a valuer in your country?

Yes

5.2. If yes; what is the entry level academic qualification required?

BSc

MSc

Level 6–9 of the National Framework of Qualifications (NFQ) in Ireland

National Diploma

Higher National Diploma

Professional Diploma

Other

5.3. Do you believe the current entry-level requirement is adequate?

Yes

Other

Section 6: Course Structure, Contents, and the Standards (Frameworks)

6.1 Which of the following asset types are covered in your valuation course(s)? (Select all that apply)

Valuation of real business and business assets

Valuation of real estate assets

Valuation of Plant and equipment

Valuation of Personal assets (Chattels)

Valuation of Financial Instruments

Valuation of Intangible assets

Other (please specify below)

Please specify:

6.2. What valuation frameworks are taught or referenced in your valuation course(s)? (Select all that apply)

National valuation standards, (please specify the name of the applicable national standards)

IFRS 13 – Fair Value Measurement

RICS Valuation- Global Standards ("Red Book")

TEGoVA European Valuation Standards ("Blue Book")

USPAP (U.S. Standard)

No specific standards are used

Other (please specify below)

Please specify:

Section 7: Awareness of IVSC and IVS

7.1 How familiar are you with the IVSC?

Very Familiar (My University is an Academic Member of the IVSC)

Somewhat Familiar (but not Academic Member of the IVSC)

Not Familiar

7.1a. If you are familiar with the IVSC, what do you know about the role of IVSC in global valuation? (Select all that apply)

IVSC is a global valuation standards setter.

Sets international Valuation Standards (IVS), to promote professionalism and build trust in valuation.

Creates robust IVS to ensure valuation transparency, consistency, and comparability.

Academic institution or University can join IVSC as “Academic Member”.

Other (please specify below)

Please specify:

7.2. What do you know about the International Valuation Standards (IVS) set by the IVSC? (Select all that apply):

Use of the International Valuation Standards (IVS), enhances valuation quality and helps to build trust and confidence in valuation globally.

IVS General Standards apply to valuation of various asset types.

IVS Asset Standards apply to specific asset classes

IVS can be integrated in the academic curriculum and taught in university valuation courses.

Other (please specify below)

Please specify:

Section 8: Use of the IVSC Resources and Teaching of the IVS

8.1. Do you currently use IVSC materials or case studies in your teaching?

Yes

8.2 Are International Valuation Standards (IVS) included in your university’s valuation course(s)?

Yes, IVS is included as a core content of the curriculum

Yes, IVS is partially included for reference only

No, IVS is not included at all

Not familiar with IVS

8.3. If IVS are included in the courses, which of the following (IVS) standards are taught? (select all that apply):

IVS 101–105 General Standards

IVS 200 Business and Business Interests

IVS 210 Intangible Assets

IVS 230 Inventory

IVS 300 – Plant and Equipment

IVS 400 – Real Property Interests

IVS 410 Development property

IVS 500 – Financial Instruments

Other (please specify below)

Please specify:

8.4. If IVS are not included in your valuation courses, would you be interested in expanding the role of IVSC and teaching of the IVS in your valuation course(s)?

Yes

Maybe, depending on institutional policy

Section 9: Barriers and Development Needs

9.1 What do you think are the main challenges that hinder integration of the International Valuation Standards (IVS) into your teaching? (select all that apply)

Lack of institutional recognition or accreditation

Lack of qualified instructors

Limited access to teaching materials

Lack of students’ interest

Curriculum is already overloaded

Language barriers

Other (please specify)

Please specify:

9.2 Please suggest ways the IVSC can support your institution to overcome the challenge(s)

9.3 Suggest other ways to overcome the challenges

Section 10: Alignment and Harmonisation

10.1 How important do you believe it is to align valuation education across countries (e.g., in terms of competencies and standards)?

Very important

Important

Somewhat important

Not important

10.2. Would you be interested in participating in an international academic network focused on valuation education (e.g., coordinated by IVSC)?

Yes

Possibly – if resources or materials are provided

Section 11: Support and Participation in IVSC Lecture Series

11.1. Would you be interested in participating in the IVSC Lecture Series?

Yes

11.2. Would you be willing to contribute valuation contents to the IVSC lecture series?

Yes

11.3. If you were to contribute topics in the IVSC Lecture series, which areas of valuation would you be mostly interested in? (select all that apply):

Business and business assets valuation

Real estate valuation

Development property valuation

Plant and equipment valuation

Personal Assets (Chattels)

Valuation of Financial instruments

Valuation of Intangible assets

Other (please specify below)

Please specify:

11.4 Would you be happy for IVSC to contact you for a follow up interview or focus group engagement to discuss any of your insights, especially where we might be able to gain greater understanding of the issues?

Yes

Consent(Required)

I consent to the IVSC collecting and processing my survey responses, including any personal contact information I choose to provide. I understand this information will be used to inform the work of the IVSC Academic Forum. I may withdraw my consent at any time by contacting contact@ivsc.org