Budgeting for CPL/IR
 

In summing up the cost of CPL/IR and an MCC, roughly what percentage would I need to allow for in addition to the "minimum hours cost"

For a moment i thought this was an Air Law query from an ATPL theory student. I'm sure I had to learn revalidation requirements when I took the exam. Combine these with a bit of maths...............:rolleyes:

Johnny, if you're having to account for each hour, may I suggest you're going to get into trouble?

"How difficult is it finding FI jobs ATM?"

Pretty difficult and getting harder as more and more people are heading down that route. Having said that if you are prepared to move you will be able to get work.

Plan for the worst and hope for the best. Plan for the CPL a 5 hour overshoot and the IR a 10 hour overshoot including exam time. I don't imagine the average person would need that but you'd be a fool not to plan on it.

When I was teaching most people on professional courses that put the work in used the go through in minimum time, however it was the test that had to be done a couple of times, especially the IR, so it is worth thinking about that. I think 5 hours on the CPL is a little excessive. The majority of people that had problems in the CPL was failing one section, i.e getting a partial, so a quick blast, maybe 50 mins to pratice what they had failed would suffice to do a retest. With the IR, if someone got a partial, maybe a session in the simulator and a retest would do the job.

if we are talking about UK. I know 50% fail the IR(total fail, or partial), and have to pay 6 hours retraining plus retest. so count 6000-7000 pounds.

i met guys who had to leave the school for several months cuz they were short of money.

for the cpl vfr, no big deal, 1-2 more flights, and redo the test.
generally i would count 30% over your general training. if you training costs 50'000 pounds by ex., count 65'000 pounds.

It's an averaged worst case scenario that I have tried to give. I have seen people take more and seen most take less. In fact most not needing it at all. But as I said, plan for the worst and hope for the best. Don't let money add to the pressure.

thanks for the help!

In these present time you will need some back up money. Both for the flight training and the fact that jobs are hard to come by in these economic times.