AICPA & CIMA has partnered with Financial Modeling Institute to offer the Advanced Financial Modeler (AFM) accreditation, a program designed to equip teams with the necessary skills to make accurate and informed financial decisions.
The AFM accreditation exam is experiential. It tests candidates’ ability to design and create a 3-statement financial model of a company, and demonstrates acumen in finance, accounting, and Excel
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 sittings are:
February 22, 2025 | May 10, 2025 | July 26, 2025 | October 25, 2025
Validate their 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
When your team can build financial models that are well planned and effectively designed, the models will tell a story and help make optimal business decisions.
"The areas being tested by the FMI accreditations are close to daily business and highly relevant. Commitment to the FMI is an investment in one's continuing education in financial modelling and a verification that one meets the FMI's well-defined skill level in financial modelling."
Dr. Li Duan, CFA, AFM, CFM
Sr. Manager, Advisory – Valuation, Modelling & Analytics at PwC Germany
