CourseOff-Road, Special Vehicles & Machinery Applications open

Construction Machinery Renting Course

Online 300 h course in construction machinery renting. 6 modules covering IFRS 16 (leases), Civil Code, arts. 1542 et seq. (leasing of things) and SAP S/4HANA. Assigned tutor and open enrolment.

Duration300 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute certificate
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Learning outcomes

What you will be able to do

01

Distinguish renting, rental and leasing of construction machinery.

02

Draft and review the essential clauses of a construction machinery renting contract.

03

Define the responsibilities and insurance of lessor and lessee.

04

Organise the technical and logistical management of a hire fleet.

05

Calculate the renting fee considering depreciation, maintenance and residual value.

06

Apply the accounting treatment of leases under IFRS 16.

07

Design a commercial and compliance plan for a renting line.

Profile

Who it's for

  • Hire fleet manager for construction machinery who wants to specialise in construction machinery renting.
  • Technical sales representative for machinery renting who wants to specialise in construction machinery renting.
  • Lease contract manager who wants to specialise in construction machinery renting.
  • Financial analyst for rental assets who wants to specialise in construction machinery renting.
  • Workshop manager at a rental company who wants to specialise in construction machinery renting.
  • Operations manager for rental who wants to specialise in construction machinery renting.
  • Graduates in engineering or sciences seeking to enter machinery rental companies.
Standards & tools

What you'll work with

  • IFRS 16 (leases)
  • Civil Code, arts. 1542 et seq. (leasing of things)
  • Royal Decree 1215/1997 (work equipment)
  • Regulation (EU) 2023/1230 (machinery)
  • Law 7/1998 (general terms of contract)
  • UNE-EN 474-1 (earth-moving machinery. Safety)
  • Law 3/2004 (measures to combat late payment)
Syllabus

6 modules · 300 h

  1. 1.1What renting is and how it differs from rental and leasing
  2. 1.2Rental by the hour, by the day and by campaign
  3. 1.3Renting with and without operator
  4. 1.4Included services: maintenance, insurance and assistance
  5. 1.5Actors: rental company, customer, manufacturer and funder
  6. 1.6The construction machinery rental market and its structure
  7. 1.7Why customers rent rather than buy
  8. 1.8Most in-demand machine types
  9. 1.9The rental company's business model
  10. 1.10Workshop: comparison of rental, renting and purchase
  1. 2.1Purpose, term and extension
  2. 2.2Fee, review and included services
  3. 2.3Delivery, making available and condition report
  4. 2.4Included hours and excess use
  5. 2.5Customer's use and custody obligations
  6. 2.6Maintenance: who does what
  7. 2.7Breakdowns, replacement and guaranteed availability
  8. 2.8Insurance: who takes it out and what it covers
  9. 2.9Return, return condition and penalties
  10. 2.10Practice: reviewing a renting contract
  1. 3.1Machine damage: allocation of liability
  2. 3.2Excess borne by the customer and its management
  3. 3.3Theft of the machine during hire
  4. 3.4Third-party liability for machine use
  5. 3.5Seconded operator and liability for their actions
  6. 3.6Workplace accidents and coordination of activities
  7. 3.7Damage to third parties and buried services
  8. 3.8Certificates required by the customer and the site
  9. 3.9Documentary accreditation of the machine
  10. 3.10Practice: liability matrix for a hire
  1. 4.1Fleet sizing and machine mix
  2. 4.2Utilisation, rotation and seasonality
  3. 4.3Preventive maintenance between hires
  4. 4.4Delivery and collection logistics
  5. 4.5Condition and hours control
  6. 4.6Telematics and remote usage monitoring
  7. 4.7Repairs for misuse and their invoicing
  8. 4.8Useful life and renewal policy
  9. 4.9Sale of used machinery
  10. 4.10Practice: management plan for a hire fleet
  1. 5.1Rental company's cost structure
  2. 5.2Calculating the hourly and daily rate
  3. 5.3Utilisation threshold for profitability
  4. 5.4Total cost of ownership of the machine
  5. 5.5Residual value and its estimation
  6. 5.6Fleet financing
  7. 5.7Price for the customer: when renting is cheaper
  8. 5.8Long-term contracts and discounts
  9. 5.9Sensitivity to utilisation and maintenance
  10. 5.10Practice: economic model of a hire machine
  1. 6.1Sales process and demand management
  2. 6.2General terms and their clarity
  3. 6.3Complaints and incident management
  4. 6.4Machinery regulations applicable to the rental company
  5. 6.5Training and information for the customer on the machine
  6. 6.6Sustainability: electrification of the hire fleet
  7. 6.7Renting business indicators
  8. 6.8Digitalisation: booking, tracking and invoicing
  9. 6.9Common mistakes in the renting business
  10. 6.10Final project: business plan for a renting fleet
Methodology, software & labs

How you'll learn

100 % online training on the SEIUM campus, with downloadable material, recorded lectures and an assigned technical tutor. No fixed timetable: students progress at their own pace within the intake, which makes it possible to combine with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is SAP S/4HANA, Point of Rental, Trackunit Manager, Power BI, advanced Excel, in free, academic or evaluation versions. The case studies use real procedures for delivery and return inspections of machines, profitability analysis of a hire fleet and review of renting contracts. Assessment is continuous per module plus the final integrating project.

Accredited laboratories(EN ISO/IEC 17025) with a rotor test bench, EMC/Lightning pre-compliance, HIL/SIL, vibration/acoustics.
Evidence-driven final project:safety case, test plan, compliance dossier and operational limits.
Industry mentoring:lecturers with experience in training, , eVTOL/UAM and flight test.
Flexible format(hybrid/online), international cohorts and support from SEIUM Career Services.
Ethics and safety:a safety-by-design approach, with cyber-OT, DIH and compliance as its pillars.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Sales process and demand management

Distinguish renting, rental and leasing of construction machinery.

General terms and their clarity

Draft and review the essential clauses of a construction machinery renting contract.

Complaints and incident management

Define the responsibilities and insurance of lessor and lessee.

Machinery regulations applicable to the rental company

Organise the technical and logistical management of a hire fleet.

Training and information for the customer on the machine

Calculate the renting fee considering depreciation, maintenance and residual value.

Career opportunities

Where this takes you

Hire fleet manager for construction machineryTechnical sales representative for machinery rentingLease contract managerFinancial analyst for rental assetsWorkshop manager at a rental companyRental operations manager
Admissions & scholarships

Requirements

  • No prior qualification is required.
  • An internet connection and a computer capable of running the programme's software.
  • Spanish proficiency sufficient to follow technical regulations.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

FAQ

Frequently asked questions

The programme totals 300 hours, spread over 3 to 5 months. That is between 10 and 15 hours a week on average, compatible with a full-time job.

You work with SAP S/4HANA, Point of Rental, Trackunit Manager, Power BI and advanced Excel. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.

A SEIUM Diploma upon passing the continuous assessment and the integrating project. It is in-house training, not an official qualification from the Ministry.

Yes. Modules passed in a Course or Postgraduate Diploma in the same area are credited towards the higher programme. Check the credit transfer policy when you enrol.

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