ME101 - Fundamentals of Machinery and Technical Specialties Valuation Recording

Course Description

This four-hour interactive course provides a high-level overview of general Machinery & Technical Specialties (MTS) valuation concepts.  The course offers a fundamental understanding of the valuation approaches and methods professional MTS appraisers utilize to arrive at an opinion of value.  An introductory case study will be used as wells as individual and group classroom exercises to emphasize other important MTS valuation concepts. Specifically, the course provides an introductory, high-level overview of the following topics:

  • Machinery & Technical Specialties: What It Is and Why It Matters;
  • Standards, Definitions, and Terminology;
  • Identifying the Problem to be Solved
  • Data Collection 
  • The Foundation of Machinery & Technical Specialties Valuation;
    • Introduction to the Sales Comparison Approach;
    • Introduction to the Cost Approach;
    • A Discussion of Income Approach Concepts

Instructional Methods

Instructional methods include lecture, discussion, and individual/group exercises.  An introductory case study will be used to emphasize important MTS valuation concepts. 

Course Audience

This course is most beneficial to those who are new to the MTS profession, those interested in an introductory study of MTS concepts and/or users of appraisal reports who wish to gain a better understanding the valuation process.  

For those committed to a career in MTS valuation, ASA’s Principles of Valuation (POV) course series (ME201, ME202, ME203 and ME204) is designed to provide a more comprehensive presentation of MTS topics and are the foundation for ASA’s formal accreditation process.  ME101 is not intended as a substitute for these courses.


ME101 Fundamentals of Machinery & Technical Specialties Valuation
Open to view video.
Open to view video.
ME101 Course Certificate
2.40 CE credits  |  Certificate available
2.40 CE credits  |  Certificate available Open certificate for the option to print.