Each student is required to attend all two days of the classroom instruction. Realizing that personal situations or business emergencies may arise, a student may be absent no more than 30 minutes of the 15 hours of total classroom instruction. It will be the responsibility of the student to inquire of the instructor what materials he/she may have missed during the brief absence as the instructor will not wait on the student to return. The student will be tested overall of the information presented during the class and no allowances or changes will be made on the final course exam to account for materials not received.
Final Exam Policy
In order for a student to receive credit for course completion, he/she must take a final course exam. The exam will contain questions in different formats and structure in order to insure that the student has understood the course materials. The passing grade for the final exam will be 75%. The exam will be given at the conclusion of the class period on the third day of instruction. Each student will be allowed 120 minutes of time to complete the exam. A student not completing the exam during the time allotted will not be awarded a passing grade.
All examinations, quizzes or progress tests will be graded by a staff member or other designated party by the class sponsor, the NEBB Institute, LLC. The results of the student’sfinal exam will be made available to student via email within seven days after the completion of the course. The passing grade for the final exam will be 75% of the questions on the test. The tests themselves will be kept in each student’s file but will not be returned to the student.
Instructor Hiring Policy
Instructors will be hired under an independent contractor basis and will not become employees of the NEBB Institue, LLC. Each class will be treated as a separate event and a new instructor agreement will be signed for each class. The instructor agreement will specify the rate of compensation and reimbursement of expense policy.
Each instructor hired to teach the Going Concern course must provide evidence of direct industry knowledge and experience in real estate appraisal, business valuation and machinery/equipment valuation. The instructor must provide references for past instruction events where the instructor has served in the role as the lead instructor in a live classroom setting.
Records Maintenance and Retention Policy
All student course applications, course tuition payment records, attendance records and all other pertinent records will be kept in the offices of the NEBB Institute, LLC which is located at 1333 W. McDermott Drive, Allen, TX 75013. Any student wishing to review such information must a request in writing to the same address to the attention of the Executive Director.
Records will maintained in a secured environment for a period of five years following the date of the class.
Instructors will be subcontractors of the International Society of Business Appraisers and will become employees of the organization.