Hours of experience consist of direct hours and indirect hours. Direct experience hours denotes hours from result from carrying out valuation work, and are calculated through valuation reports, while hours of indirect experience are those that result from supervising the work of valuators, or performing work related to valuation. It is calculated in years of experience.
To obtain the fellowship certificate, at least (3000) hours of experience must be registered in the member’s account in e-services portal, provided that at least 50% of hours of professional practice are gained from valuation work.
Holder of a Fellowship certificate
Membership Requirements:
- Requires the individual to obtain a Fellowship certificate in the Business Valuation
sector. - Must hold a university degree in one of the specialties recognized by the authority from one of the recognized universities.
- Must register 2000 hours of experience on the electronic portal.
- To hold a university degree in one of the approved specialties according to each branch of valuation,
as determined by the Membership Regulations of the Authority,
unless exempted as one of the basic exempted members under Article (40) of the regulations. - Pass all fellowship certification exams according to each valuation sector.
- Complete the required experience hours to obtain the Fellowship Certificate.
- Pass interviews conducted by the General Secretariat to verify the fulfillment of requirements under these Rules.