M.Tech. Valuation (Plant & Machinery) is a postgraduate program with huge potential and is a blooming one. As the name suggests, the course deals with the evaluation of Plant or Machinery which is done by a valuer.
A Valuer posses in-depth knowledge and skill in evaluating Plant or Machinery which is based on various technical expertise and factors.
The purpose is to arrive at a correct value that can be offered in the market. Valuation also deals with the Insurable value of Machinery & Equipment, Residual life of Machinery & other aspects, technical & Engineering audit.
M.Tech. Valuation (Plant & Machinery) course is designed to give an in-depth study of Plant or Machinery valuation, financing, developmental strategies, market analysis, and economic study.
Ascertaining the current market value and potential value as well (both of which keep fluctuating as per market/economic condition) of plant & machinery is the objective of the study.
The entire process is complicated and delicate, with numerous permutation and combinations involved. Therefore, such activities are best performed only by a professional in the relevant field with profound knowledge.
The intensity of work involved also depends on the size of the plant, its complexity and layout, machinery [imported or indigenous], the technology involved etc. Considerable efforts are needed in the form of physical inspection carried out with a detailed checklist, documents etc.
Added to these are more facets such as TQM, maintenance procedures, level of on-plant personnel, back up from stores for availability of spares, quality of installation, the life of plant & machinery, major breakdowns, metal fatigue etc. which play a significant role in the valuation of a plant.
Massive documentation work is involved in the form of plant wise list of machinery, procurement bills/invoices, year of purchase & installation, actual operational date, WDV, chartered engineers certificates, technical specifications etc. with respective cost wise data, i.e. cost of purchase, duties/taxes paid, installation cost etc.
In M.Tech. Valuation (Plant & Machinery) all these are covered in depth. Sandip University is one of the top universities offering M.Tech. Valuation (Plant & Machinery) programme in Maharashtra and in India, being a reputed university with state-of-the-art infrastructure and expert and professional faculty.
With field work, industrial visits, practical teaching, presentations and seminars you will have a broad perspective on the course and the right exposure to strengthen your skills and abilities as a Plant and Machinery Valuator.
M.Tech Valuation (Plant & Machinery) Course Eligibility
The course can be pursued after completion of Bachelors degree in Mechanical Engineering or equivalent stream from a recognised university with minimum 50% marks. Some of the reputed colleges and universities also conduct entrance examination for better selection of candidates. This course offers numerous opportunities for students to build their career.
Benefits of M.Tech Valuation (Plant & Machinery)
- M.Tech. Valuation (Plant & Machinery) degree from any reputed college opens up options in the teaching field in any college.
- While you are in teaching, you can opt for PhD.
- You can open your own consultancy firm as a self-employed Govt. Regd. Valuer and practising as a consulting valuer. You can provide Valuation and related solutions to companies on Sale-Purchase, Compliance & Clearance of Customs Formalities, Mortgage, Insurance, Financial valuation, Documentation procedures that includes Listing Procurement Bills/Invoices, Chartered Engineers Certificates, Technical Specifications and many more.
- As a Valuer, you play a vital role in the industry/market in carrying out current/accurate value forecasts by identifying opportunities for enhanced performance as well as tax efficiency. Issues like utility, marketability, transferability, scarcity, physical, social, legal and economic considerations in the valuation of Plant and Machinery are solved by a Valuer which make the importance of a Valuer all the more critical.
Employment & Job types
Many private firms/ industries and financial institutions employ plant & machinery valuer. Some examples are HCL, HDFC Bank, ICICI Prudential India, Kotak Mahindra Bank, Kotak Securities, L&T InfoTech, Reliance Industries Limited, Sharekhan, Sun Pharma, TCS, Transpek Industries, Wipro, Asian Paints , Atos , BAJAJ Allianz ,Bank of Baroda , Botree Software International Limited ,Coca-Cola ,e-Clinical works etc.