This policy applies to all candidates enrolled in the Advanced Financial Modeling (AFM), Chartered Financial Modeling (CFM) accreditations, or the Foundations in Financial Modeling program, administered by Financial Modeling Institute (FMI).
Definitions of Violations:
Academic Dishonesty: Any form of misconduct during an examination, including but not limited to:
These actions are considered a violation of the FMI’s Exam Rules and may lead to disciplinary action.
Unauthorized Distribution of Materials: The sale, sharing, printing, saving, reproduction, or unauthorized dissemination of any copyrighted content, including, but not limited to:
Such conduct constitutes a violation of intellectual property rights and may result in disciplinary or legal action.
Minor & Major Violations:
Disciplinary actions will be proportionate to the nature and severity of the violation. FMI reserves the right to take one or more of the following measures:
Minor Violations may result in:
Major Violations may result in:
Appeal Process for Academic Dishonesty
Candidates may appeal an FMI claim of academic dishonesty. If a candidate chooses to make an appeal, the process below will be followed:
Step 1: FMI may request a candidate submit a detailed explanation regarding the incident under investigation.
Step 2: The candidate must provide all relevant supporting documentation within seven (7) days of receiving the notification.
Step 3: FMI will review the submission and conclude the investigation and issue a formal decision.
Step 4: Candidates may submit a written appeal within thirty (30) days of receiving the disciplinary decision. Appeals must be sent to info@fminstitute.com and include new supporting evidence.
To support a fair and thorough review, appeals should include:
Enforcement
Candidates suspended or barred from future examinations will not be entitled to any refund of fees previously paid. This policy will be strictly enforced, and candidates found in violation may be suspended or prohibited from taking future exams administered by Financial Modeling Institute.
By participating in FMI’s exams, candidates agree to comply with this policy and understand the consequences of violations. All candidates acknowledge and agree to abide by this policy as a condition of participation in any examination administered by Financial Modeling Institute.
