Advanced Financial Modeler (AFM) Accreditation

Strengthen and validate your financial modeling skills in partnership with AICPA & CIMA

Why AFM?

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.

Financial Modeling is fast becoming an essential skill in today’s dynamic business environment. The AFM program is the only accreditation in the world that validates financial modeling skills.

The AFM accreditation exam is experiential. It tests your ability to design and create a 3-statement financial model of a company, and demonstrate your acumen in finance, accounting, and Excel.

The 4-hour online proctored AFM exam is offered quarterly. The upcoming exam dates are:

  • May 11, 2024
  • July 27, 2024
  • October 26, 2024
  • February 22, 2025

Credible Skill Assessment
Validate your ability to create a 3-statement model of a company from scratch in Excel.
Rigorous Process
Based on a case study, you have 4 hours to complete the proctored AFM exam. Your exam is then graded by experts.
Learning Resources
Receive access to a financial modeling video tutorial series, sample models and practice exams.
Access to FMI Community
An unparalleled global platform for financial modelers that offers networking opportunities, exam preparation sessions, and exclusive webinars hosted by industry experts.
Advanced Financial Modeler AFM Badge

Learning Outcomes

By pursuing and achieving the Advanced Financial Modeler (AFM) accreditation from FMI, you will learn how to:

  • Demonstrate the technical modeling skills most valued by employers
  • Create a financial model that can be used as a critical decision-making tool, allowing users to make accurate and informed financial decisions about a company
  • Use a financial model as a powerful communication tool to clearly and effectively tell the story of a company
  • Focus your skills in accounting, finance, spreadsheets and general business knowledge to effectively forecast a company’s financial statements.


Obtaining the AFM accreditation

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.