Program Overview
Chartered Business Valuator Program
The Chartered Business Valuator (CBV) Program of Studies is developed and managed by the Canadian Institute of Chartered Business Valuators (CICBV), which is nationally recognised as the leading business valuation professional organisation in Canada. This comprehensive program of professional studies in Business Valuation is designed to assist students in meeting the challenging dynamics of business valuation, litigation support, corporate finance, and private investments.
Program Overview
When today's companies look to determine the market value of their business, they turn to a Chartered Business Valuator (CBV) for answers. Whether as part of a professional practice or within industry, CBVs combine technical knowledge with real-life practical experience to put forward respected real-world valuations of a business, its securities, or its assets. These professional business valuation services have become an indispensable tool in the business and finance world. CBVs are employed in a wide variety of businesses, including valuation firms, venture capital/private equity/investment firms, accounting firms, and financial institutions.
Program Structure
The Program of Studies has 4 core courses:
- Introductory Business Valuation
- Intermediate Business Valuation
- Advanced Business Valuation
- Special Topics in Business Valuation
It also includes 4 elective courses:
- Litigation Support in Business Valuation
- Corporate Finance
- Valuation for Financial Reporting
- Private Investments
Program Requirements
To obtain the CBV designation, the following requirements must be met:
- Degree from a post-secondary academic institution or university. This requirement will be waived for an individual who holds a Canadian Chartered Professional Accountant (CPA) designation (or the predecessor designations Chartered Accountant (CA), Certified Management Accountant (CMA), or Certified General Accountant (CGA)), or a Chartered Financial Analyst (CFA) designation.
- Completion of the Program of Studies (4 core courses and 2 electives)
- Successful completion of the CBV's professional entrance exam – the Membership Qualification Exam (MQE)
- 1,500 hours of relevant qualifying experience.
Mandatory Courses
The program has four mandatory courses:
- Level I – Introductory Business Valuation
- Level II – Intermediate Business Valuation
- Level III – Advanced Business Valuation
- Level IV – Special Topics in Business Valuation Mandatory courses should be completed in sequential order as each course builds on the one that precedes it.
Elective Courses
Students are required to complete two of four elective courses:
- Mergers & Acquisitions
- Litigation Support in Business Valuation
- Corporate Finance
- Valuation for Financial Reporting
Program Duration and Format
The Program of Studies is designed to be completed within 2 years (if registered students take 1 course per term in a 3 term system, starting January 2018). All 8 courses are offered as self-directed, online courses for flexibility.
Withdrawals and Refunds
Students may withdraw from a course and receive a refund (less a $50 administration fee that will be withheld) by using the withdrawal form that is available on their Chartered Business Valuation (CBV) Students portal only if the withdrawal request is made within 48 hours of course registration. A refund will not be given for any requests made after 48 hours of course registration. A full refund will be given if the CBV Institute cancels a course due to low enrolment.
Complementary Registrations
In the event of a medical emergency or the death of a loved one, requests for complementary registrations may be made directly to the York University School of Continuing Studies. Students will contact the Program Office if they are unable to write an exam (after the Opt out deadline). Valid supporting documentation (e.g., medical note from a physician, death certificate, etc.) which clearly outlines the details of the emergency that occurred and resulted in the student not being able to write their examination will be requested. Please note that complimentary registrations are not guaranteed, and will be considered on a case-by-case basis.
Special Accommodations
Requests for special accommodation are made directly to CBV. Common questions concerning the Program of Studies are answered on the CBV Program of Studies page.