Financial Modeling is fast becoming an essential skill in today’s dynamic business environment.
AICPA & CIMA has partnered with Financial Modeling Institute to offer the Advanced Financial Modeler (AFM) accreditation, a program designed to equip you with the necessary skills to make accurate and informed financial decisions.
The AFM accreditation exam is experiential. It tests your ability to design and create a 3-statement financial model of a company, and demonstrates your acumen in finance, accounting, and Excel.
The 4-hour online proctored AFM exam is offered quarterly.
Price $695 USD
The Advanced Financial Modeler (AFM) accreditation is FMI's flagship program.
Candidates can access FMI's learning resources to prepare for the AFM exam, a rigorous, proctored, 4-hour online exam in which candidates are provided with a case study and required to build a 3-statement model of a company from scratch.
Exams are offered four times per year. The next four sittings are:
February 22, 2025 | May 10, 2025 | July 26, 2025 | October 25, 2025
Validate your ability to build a 3-statement model of a company from scratch
Create a model that can be used as a critical decision-making tool, allowing users to make accurate and informed financial decisions
Use a financial model as a powerful communication tool to clearly and effectively tell the story of a company
Demonstrate the technical modeling skills most valued by clients, employers, and all other stakeholders
Enrollment in the Advanced Financial Modeler (AFM) accreditation program provides you with access to the FMI Community.
The FMI Community includes:
When you register for the AFM program, you will receive access to comprehensive learning resources to help you prepare for the accreditation exam. You can study at your own pace.
To become AFM accredited you will use a case study to build a 3-statement financial model of a company from scratch during a 4-hour proctored, online exam.