How to become a Valuer: Career Guide, Courses, Top Colleges, Entrance Exams, Jobs, Skills, Salary

How to Become a Valuer: Quick Facts

What does a Valuer do?

The basic duties and responsibilities of a Valuer are listed below for your reference.

• They advise governmental officials, private businesses, and other clients on appropriate and beneficial uses of land, financial assets and plant & machinery and determine the value by studying financial documents and the surrounding area.
• Once the client is satisfied, Valuers organise the auction sale, market it to attract potential bidders, and manage the entire auction process itself. 
• Valuers can be termed qualified surveyors who can help to set council tax and rating levels. Valuers can also carry out business and insurance valuations, compensation assessments, investment appraisals, and advice. 
• A Valuer needs to be aware of the issues that can influence prices, such as business potential, location, and social, legal, and economic factors. A Valuer is expected to have good negotiation skills. 

Steps to Become a Valuer

It is not really necessary to decide on a carrier option as a Valuer at an initial stage because this carrier can be pursued after completion of graduation and post-graduation in the related field. However, the candidate must study 10+2 with a science stream (PCM) or a Commerce background to have a career start for the same. Some of the steps have been discussed below:

• Decision Making: Decision-making must be done by students from their high school level for their undergraduate courses. The candidate needs to put extra effort into Physics, Chemistry, and Maths to get into a good college for engineering and Finance subjects such as Accountancy, SAPM, and Derivatives for commerce students to study CA or PGDM/MBA in Finance.
• Subject Choices: To pursue a career as a Valuer in Land & Building or Plant & Machinery, students should always opt for Science subjects. Physics, Chemistry, and Maths should be the primary subject choices. Mathematics must be studied in a detailed way. And for Financial Assets, one needs to be good with financial subjects in their graduation period.
• Entrance Exam Preparation: Aspirants can get enrolled in any government or private college to pursue any engineering, or finance course once they successfully clear the entrance examinations conducted by the universities and colleges or any national exam conducting authority. Entrance examinations such as CAT, JEE, and GATE are conducted for the IIT, IIMs and various other colleges and B-Schools. For CA, the CPT entrance examination must be cleared to pursue the course. 
• Selecting correct colleges: Students should always go to primary colleges to pursue these courses. Colleges like IITs and IIMs are top colleges for pursuing engineering and finance courses. If the All India Rank (AIR) is high, candidates will get a seat to pursue their engineering at one of the premier colleges while a good CAT score will help land in a top B-School.
• After Qualifying Exam: After qualifying for the respective exam, students should appear in the counselling process colleges. Candidates must pass an Examination in the valuation of real estate recognized by the Govt of India for recruitment to superior services or posts conducted by any institution to get recruited as a valuator after completion of graduation.

Types of Valuer

• Property Valuer: Property Valuers their clients in property valuations for proper taxation, mortgage a property, optimum selling and buying of property, acquisition purposes and stamp duty collection.
• Executive Valuer: An Executive Valuer is assigned to a particular site and has to supervise a team of valuers. They convey the targets to the other valuers and take briefings. They send a flash report at the end of the day and also assess the reports sent by the subordinates. The responsibility of the Executive valuer is to prepare a weekly report and send it to managers.
• Valuation Analyst: A Valuation Analyst works on-site and carries out surveys of land and building. He needs to report to the executive at the end of the day and submit the report of daily progress.

Courses to become a Valuer

The subjects like Civil/ Mechanical Engineering, Instrumentation Engineering, Finances, etc are to be learned for a 3–4-year long syllabus of graduation like CA, MBA Finance. BTech etc and it should be studied as a major subject during higher studies for a person to become a valuator. 

BTech

BTech is a 4-year undergraduate program spread over 8 semesters intended to equip the students with the required knowledge and practical training of the principle and operation of measuring instruments.

Admission Process

• Admission in B.Tech takes place through JEE Mains, JEE Advanced, and other state-level engineering entrance examinations.
• After qualifying the examination, candidates are shortlisted based on their marks & rank and called for counseling purposes.
• Candidates are allotted colleges based on their rank and preference list of the institute after which the required fee must be paid for successful admission.

• Candidates must qualify JEE Mains to appear for JEE Advanced. NITs are allotted based on the marks obtained in JEE Mains or JEE Advanced examinations. However, to get admission in IITs, candidates must qualify the JEE Advanced examination.

Eligibility Criteria

• Aspirants seeking admission to Instrument Engineering courses, need to obtain at least 65% aggregate marks in their 10+2 exams. 

• Also, it is necessary for the students to have pure science subjects, i.e. Physics, Chemistry and Mathematics as mandatory disciplines in their 10+2.

Important Links:

MTech

MTech or Master of Technology is a professional degree in the discipline of engineering that emphasizes practical exposure of conceptual knowledge of engineering. The sole purpose behind crafting the MTech course is to produce research engineers who will get positions of “Technologist” in the industries and research institutes.

MTech duration is 2 years with 4 semesters. Candidates need to clear the National, State, or Institute-level MTech entrance exam like GATE, UPES DAT, WBUT PGET etc for admission to MTech. GATE is the most popular Entrance Exam for MTech Admission. 

See Also: MTech Admission

Admission Process

• MTech admission is administered either by the institutes or the state based on the MTech entrance exams of 2024.
• To assess the students' technical skills, applicants who secure qualifying marks in the entrance examinations must appear for therapy and personal interview rounds.
• The final selection is made based on the marks scored in the MTech entrance exam and the marks from the Personal Interview.

• Some of the famous MTech entrance exams are as follows, The Graduate Aptitude Test in Engineering(GATE), IIIT-B M.Tech. Admission (IIIT Admissions to Bangalore MTech) and IIIT Delhi PG (Entrance Test IIITD - PG)

Eligibility Criteria

To begin one’s higher studies in MTech, candidates need to fulfill the following requirements:

• They must possess a B.E./B.Tech degree from a recognized college or university with a valid GATE score.
• Those students who have completed the 5-years course in Science or Applied science can also apply for a Master of Technology course.
• The biggest factor that helps students to get admission to the Master of Technology program is their ranking in the entrance exam (GATE) or the other institution entrance test.
• Applicants who have cleared M.Sc degree in Science/Mathematics/Statistics/Computer Applications or equivalent can also apply.

• MCA aspirants are likewise qualified to apply for specializations accessible in sections of software engineering designing.

Note: Eligibility criteria, of course, may vary from institute to institute

MBA Finance

Master in Business Administration (MBA) in Finance is a 2 years post graduate program that trains the aspirants about the various nooks and corners related to the management of the financial resources of a company, rethinking of the investment strategies, understanding investment portfolios, management of financial risk and many more. 

Admission Process

MBA Finance Admission is done on the basis of either various entrance exams such as CAT, MAT, SNAP, CMAT etc, or on the basis of merit. Post qualifying the entrance exams, a Group Discussion and Personal Interview Round is conducted to further screen the students.

• Apply for an Entrance Exam: Select colleges in which they want to apply and check which entrance exams they conduct. Apply for those entrance exams. It is advised to give CAT since almost all the colleges accept CAT scores.
• Appear for the Entrance Exam: The student must prepare and sit for the MBA entrance exam. The student must be fully prepared since the college where the student is going to study will depend on the marks scored in this exam.
• Shortlisting Process: Colleges shortlist students on the basis of scores obtained in the entrance exams. A cut off list is generated by the college and they should have cleared the cut off to be eligible for the next round included in the admission process.
• Final Admission Round: Colleges conduct these rounds to further test a candidate’s ability and skills through Group Discussion (GD), Written Ability Test (WAT) and Personal Interview (PI). 

Eligibility Criteria

In order to be able to appear for an MBA Finance course, students must check the eligibility criteria for the same. Almost all colleges follow more or less the same eligibility criteria, they are as follows,

• A Bachelor’s degree in any discipline, with an aggregate marks of 50% or an equivalent CGPA score from any recognized University / College
• A relaxation of 5% is granted to students who are from the SC/ ST/ PWD background.

• Final year candidates are also eligible for applying for the course, however their admission will be subject to changes depending on their final results.

CA

Chartered Accountant is an important specialization-cum-certification course after which they can work as chartered accountants for all the reputed companies and audit firms. The course is regulated by ICAI in India. With 2 Lakhs of present members and 1 Lakh new students joining every year, the CA Course is the most popular course in the modern days.

Admission Process

Anyone who has completed 10+2 can register themselves for the CA course, but promotion to Higher levels will depend on their performance in CPT. 

• To register oneself for the CA course, a 10+2 passed candidate must go to the ICAI website. 
• There, they will get the registration form for the foundation course and CPT exam. 
• The candidates should fill those forms and pay the required fees. 
• Once the forms are done, the candidate gets registered as a CA candidate. 
• If the candidate has already completed their graduation, they may take direct entry to the intermediate level. 

• Such candidates will also have to register themselves following similar procedures.