Program & Accreditation Comparison

FMI

Compare the World's Best Financial Modeling Programs and Accredations

FMI Foundations in Financial Modeling

Advanced Financial Modeling Certification

Level 1: Advanced Financial Modeler (AFM)

Chartered Financial Modeling Certification

Level 2: Chartered Financial Modeler (CFM)

Master Financial Modeling Certification

Level 3: Master Financial Modeler (MFM)

Acquire a comprehensive knowledge of key financial modeling concepts that are integral to your financial modeling journey.

Demonstrate your superior modeling skills by building an integrated 3-statement model from scratch, within a fixed time allotment.

Solve sophisticated problems in Excel to further showcase your financial modeling acumen, also within a fixed time allotment.

Expand the global financial modeling knowledge base through your unique contributions to research and insights.

FORMAT

Proctored 1-hour multiple choice exam

Proctored 4-hour exam to build an integrated 3-statement model of a company

Proctored 4-hour exam to demonstrate complex model problem solving skills.

Application process

PREREQUISITE REQUIRED

None

None

AFM Required

CFM Recommended

TIME COMMITMENT

15 hours

75-100 hours

75-100 hours

Application Process

ACCREDITATION TO USE

Not an accreditation, however successful candidates will be granted a digital badge

AFM

CFM

MFM

PRICE

Foundations in Financial Modeling Badge

Foundations in
Financial Modeling
$195 USD

Demonstrate to employers that you are on the path to becoming an excellent financial modeler.

Prerequisite: None.

Exam Dates: Your choice within one year.

You will receive unlimited access to the following for one year:
✓ Digital access to FMI Learning Resources
✓ Exclusive access to the FMI Community
✓ Ability to attempt and reattempt the multiple choice exam
✓ Become an AFM candidate for an incremental fee

AFM Badge

Advanced Financial
Modeler (AFM)
$695 USD

Demonstrate the technical modeling skills most valued by employers with the AFM accreditation.

Prerequisite: None.

You will receive access to the following for one year:
✓ Unlimited digital access to FMI Learning Resources
✓ Exclusive access to the FMI Community
✓ Registration for your AFM exam

CFM Badge

Chartered Financial
Modeler (CFM)
$695 USD

Demonstrate the exceptional modeling skills required in intensive modeling roles.

Prerequisite: Advanced Financial Modeler (AFM) Accreditation

You will receive access to the following for one year:
✓ Unlimited digital access to FMI Learning Resources
✓ Exclusive access to the FMI Community
✓ Registration for your CFM exam