Practical Skills
Where finance, accounting, and Excel meet
Learn how the three come together in real-world financial models, from structure and flow to the financial statements.
FMI Foundations Program
A clear and approachable starting point for financial modeling.
FMI Foundations is a 15-hour self-study program covering financial modeling theory and concepts, culminating in an on-demand multiple choice exam.
Foundations in Financial Modeling
$195 USD
15 hours of self-paced learning materials
On-demand multiple choice exam
Shareable digital badge and certificate for those who pass
12 months of access
Show employers you are on the path to becoming a financial modeler
Financial modeling is a key decision tool. Models are used extensively across investment banking, private equity, corporate development, equity research, asset management, and credit, as well as in accounting and finance roles in every industry.
Financial modeling is a discipline that brings together knowledge and skill. FMI Foundations builds the knowledge side first, as a pathway to the practical modeling skills used in the workplace.
New to Financial Modeling?
Whether you are entering the job market or looking to elevate your career, FMI Foundations is the place to explore the discipline of financial modeling.
$78K+
median U.S. salary for financial modeling roles
99%
of respondents reported feeling prepared for career opportunities
94%
of respondents would recommend FMI Foundations to their peers
What the program covers
Build the fundamentals of financial modeling
The learning materials cover financial modeling best practices, optimal model design and flow, financial statements, and advanced technical skills.
Candidates also learn to build the key model schedules:
Revenues
Costs
Fixed Assets
Taxes
Working Capital
Debt
Equity
Why start with FMI Foundations
Career Focused
Built for early-career roles
Develop the core financial modeling knowledge expected in internships and early-career finance roles.
Flexible Learning
Fully self-paced
Progress on your own schedule, then take the multiple choice exam on demand whenever you are ready.
Trusted Expertise
From proven experts
Learn from the same experts behind the CFA Program's Financial Modeling module.
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
In the classroom
Built into university finance courses
Business schools use FMI Foundations as part of their finance curriculum. In one MSc International Finance program, the FMI Foundations exam counted toward the final grade of a financial modeling and valuation course.
At the end of the course, 385 students were surveyed. 367 had completed FMI Foundations, and their feedback was clear.
Bring FMI Foundations to Your Classroom96%
found FMI Foundations useful or very useful
95%
would recommend it for the next year's class
367
students completed the program in a single course
Source: end-of-course survey of 385 MSc International Finance students at a European partner business school.
How FMI Foundations works
From enrollment to your digital badge
No exam dates to plan around. Start the program today and finish when it suits you.
Program fee
$195 USD
Access to the FMI Foundations learning materials and exam
For those who pass, the FMI Foundations badge and certificate to use and share
1
Enroll in the program
Register online and get immediate access to the FMI Foundations learning materials.
2
Study at your own pace
Work through roughly 15 hours of material on model structure, key accounting concepts, schedules, and the financial statements.
3
Take the on-demand exam
When you are ready, complete the multiple choice exam online to validate your knowledge.
4
Earn a recognized digital credential
Successful candidates receive a personalized digital badge and certificate to share on LinkedIn with recruiters, employers, and their network.
Your financial modeling journey
Where FMI Foundations fits.
FMI Foundations is an optional program for candidates who want to build the theory and concepts first. Candidates ready to prove their practical skills can go straight to the Advanced Financial Modeler (AFM) accreditation, then progress to the CFM and MFM.
Optional program
Program
FMI Foundations
Theory and concepts, validated by a multiple choice exam.
Level 1
Advanced Financial Modeler
Build a three-statement model from scratch in a 4-hour proctored exam.
Level 2
Chartered Financial Modeler
Solve complex, real-world modeling problems in Excel.
Level 3
Master Financial Modeler
The highest level of financial modeling accreditation.
Ready to start with FMI Foundations?
Enroll today for $195 USD and begin building the fundamentals of financial modeling.
