A city-based university will launch a six-month cost effective certificate programme for valuation professionals.
As per the Insolvency and Bankruptcy Board of India (IBBI) norms company registered valuation professionals will have to get a six months certificate program from a university, Institution Of Valuers national vice-president Sandip Kumar Deb said.
The international valuation standards 2017 became effective from 1st July 2017 and so far only Techno India has come forward for introducing the certificate course, he said.
"Universities offer degree programme and above. But, we are introducing a certificate course of six months for valuation professionals to become company registered valuers in association with the Institution Of Valuers," Techno India university director & CEO Sujoy Biswas told PTI.
IBBI is the authority with respect to registration, recognition and ancillary matters related to valuers until a statutory body Council of Valuation is created, Deb said.
Biswas said once the certificate course is stabilised, masters programme of valuation studies will be introduced by the university.
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