Financial Modeling Certifications
The FMI’s financial modeling certifications are internationally recognized credentials for advanced Microsoft Excel, financial analysis and financial modeling skills.
The FMI offers three levels of certification, gradually increasing in difficulty as candidates obtain each subsequent level:
- Advanced Financial Modeler (AFM)
- Chartered Financial Modeler (CFM)
- Master Financial Modeler (MFM)
Each level is recognized as a separate qualification and the designation can be added to your name.
Eg. Mohammad Kasem, AFM
Each FMI certification is internationally recognized
Demonstrates financial modeling proficiency by modeling in Excel (Computer Based Test)
The curriculum ensures that candidates are competent in all areas of financial modeling
Supported via industry partnerships with exams developed by industry-leading experts
Three Levels of the Certification
This exam forms the foundation for subsequent certification levels and focuses on the skills required to design and build integrated financial models.
Earning the Level 2 Chartered Financial Modeler demonstrates an advanced and thorough understanding of Financial Modeling, Financial Analysis and Advanced Excel. Eligible candidates must have completed Level 1 AFM.
The Master Financial Modeler (MFM) is the highest level of accreditation that recognizes the Financial Modeling expertise of professionals who can perform complex forecasting, financial analysis and effectively translate business strategies into an analytical advantage.
Level I : Advanced Financial Modeler (AFM)
The Advanced Financial Modeler (AFM) is the first of three certification levels offered by the FMI. The AFM exam tests a candidate’s technical modeling ability through building an integrated three statement model over the course of four hours. Participants who pass the exam will achieve the Advanced Financial Modeler credential.
Why earn the AFM certification?
Demonstrate advanced financial modeling proficiency to employers
Invest in certifications that are revered by the industry
Obtain a globally relevant skillset that is respected across multiple lines of business
Our Training Solution to earn the AFM certificate
10.5 training hours divided in to three sessions
Scheduled on Fridays and Saturdays from 2:30 pm to 6:00 pm
Choose between Live Online or Classroom sessions
Training Program Agenda
preparation led by an AFM qualified financial modeling expert
advanced excel tools and functions used in Financial Modeling
a past exam paper and build a financial model from scratch
advanced depreciation, debt repayment and revolver schedules
error checks and fully integrate the three financial statements
advanced and flexible scenario analysis cases
exam tips and know how a model is audited
a mock paper with feedback and evaluation from Kaplan experts
About the trainer
Rahul Sonthalia, CFA, CMA, AFM
Head - Financial Training
Rahul has more than 13 years of experience in the area of investment banking, equity research, macro-economic research and training. He has been teaching financial modeling and investment banking courses in UK, Singapore, and the MENA region.
He specializes in Financial Analysis, Equity valuation, Financial Modeling and exam prep training. His experience as a practitioner allows him to deliver practical and industry-relevant courses. He has delivered advanced financial modeling related programs for Sovereign wealth funds and banks in the GCC and for large asset management companies in the UK and Singapore.
He was a guest speaker on “Best Practices in Financial Modeling” at Modeloff Global World Financial Modeling championship in London.