Valuation
Mandatory competencies
You must achieve the minimum levels as set out below.
Level 3
Level 2
Level 1
- Accounting principles and procedures
- Business planning
- Conflict avoidance, management and dispute resolution procedures
- Data management
- Diversity, inclusion and teamworking
- Inclusive environments
- Sustainability
Core competencies
Level 3
Level 2
Optional competencies
Three to Level 3 or 2 to Level 3 and 2 to Level 2*
- Accounting principles and procedures or Conflict avoidance, management and dispute resolution procedures or Data management or Sustainability
- Auctioneering
- Building pathology
- Capital taxation
- Compulsory purchase and compensation
- Construction technology and environmental services
- Corporate recovery and insolvency
- Valuation of businesses and intangible assets
Plus, 1 to Level 2 from the full list of technical competencies, including any not already chosen from the optional list.
* Candidates planning to specialise in Residential survey and Valuation must choose Building pathology to Level 3 as part of their optional competency requirements.
Candidates planning to specialise in Machinery and business assets must choose 2 to Level 3 from the following list as part of their optional competency requirements:
- Auctioneering
- Accounting principles and procedures or Conflict avoidance, management and dispute resolution procedures or Sustainability
- Capital taxation
- Compulsory purchase and compensation
- Corporate recovery and insolvency
- Insurance
- Investment management (including fund and portfolio management)
- Leasing and letting
- Legal/regulatory compliance
- Local taxation/assessment
- Purchase and sale
Full details of the Valuation pathway are on the RICS website.