Foundations in Financial Modeling
Get a competitive edge with the FMI Foundations program.
Get a competitive edge with the FMI Foundations program.
Designed by the Financial Modeling Institute (FMI), FMI Foundations is a 15-hour investment for your future. It is your starting point to learn about financial modeling theory and concepts.
After you complete FMI Foundations, we will give you a credit towards the Advanced Financial Modeler (AFM) to use in the first year.
“The FMI is addressing a large unmet need by ensuring that new hires and existing employees have exceptional financial modeling skills. Employers globally are realizing that the FMI is establishing the new standard.”
Paul Smith, FCA, CFA, MA
Former President and CEO of the CFA Institute
The AFM sets you apart by allowing you to do exactly this.
Has demonstrated a knowledge of key modeling concepts.
FORMAT
Proctored 1-hour multiple choice exam
PREREQUISITE REQUIRED
None
TIME COMMITMENT
10 hours
PRICE
US$ 195
ACCREDITATION TO USE
Not an accreditation, however successful candidates will be granted a digital badge
DEMONSTRATED KNOWLEDGE
Has demonstrated excellent knowledge and skills by building a fully-integrated model of a company under time constraint.
FORMAT
Proctored 4-hour exam to build an integrated 3-statement model of a company
PREREQUISITE REQUIRED
None
TIME COMMITMENT
75-100 hours
PRICE
$695 USD
ACCREDITATION TO USE
AFM
DEMONSTRATED KNOWLEDGE
Exceptional financial modeling problem solving skills required to earn this designation.
FORMAT
Proctored 4-hour exam to demonstrate complex model problem solving skills.
PREREQUISITE REQUIRED
AFM Required
TIME COMMITMENT
75-100 hours
PRICE
$695 USD
ACCREDITATION TO USE
CFM
DEMONSTRATED KNOWLEDGE
Expert financial modelers with demonstrated leadership and extensive contribution to the field of financial modeling.
FORMAT
Application process
PREREQUISITE REQUIRED
CFM Required
TIME COMMITMENT
N/A
PRICE
N/A
ACCREDITATION TO USE
MFM
Has demonstrated a knowledge of key modeling concepts.
Has demonstrated excellent knowledge and skills by building a well-designed, fully-integrated model of a company.
Has demonstrated exceptional financial modeling problem-solving skills.
Expert financial modelers with demonstrated leadership and extensive contributions to the field of financial modeling.
FORMAT
Proctored 1-hour multiple choice exam
Proctored 4-hour exam to build an integrated 3-statement model of a company
Proctored 4-hour exam to demonstrate complex model problem solving skills.
Application process
PREREQUISITE REQUIRED
None
None
AFM Required
CFM Recommended
TIME COMMITMENT
15 hours
50-100 hours
75-100 hours
Application Process
PRICE
US$ 195
US$ 695
US$ 695
N/A
ACCREDITATION TO USE
Not an accreditation, however successful candidates will be granted a digital badge
AFM
CFM
MFM
Access to the FMI Community platform and the FMI Foundations learning materials
For those who pass, the ability to use & share the FMI Foundations badge
