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FMI - Financial Modelling Institute

Chartered Financial Modeler

1m

Skills covered in this course

Excel modeling problem-solving Financial statement forecasting CAPEX depreciation modeling Sensitivity and automation Working capital analysis

Take your AFM further by showing you can handle tougher, real modeling problems.


Why the CFM?

If you already hold the Advanced Financial Modeler (AFM) accreditation and you want to prove you can go beyond the basics, this is for you. Use the exam to show how you think through hard questions and how creative you can be when the problem gets complicated. The CFM is the only accreditation built around financial modeling scenarios you’d actually see in the real world. You’ll take the online, proctored CFM exam once a year in October.


WHAT MAKES THE CFM UNIQUE?

💡

Credible Skill Assessment

You’ll work through a set of carefully selected Excel tasks, not multiple-choice questions.

💡

Rigorous Process

Your session is monitored, limited by time, and marked by specialists, so the result means something.

💡

Learning Resources

You get study support, including a guide that points you to past exam questions and answers.


Demonstrate the kind of modeling skill expected in demanding, hands-on modeling roles.


Is it for me?

Passing the CFM is a clear signal that you can operate at a more advanced level in financial modeling.

You genuinely value your AFM credential and want to keep building from there. You run into complex financial modeling situations regularly. You don’t just use models, you also review and interpret what other people have built, and then improve it where it makes sense. You’re looking for a way to speed up your career growth or move into a new direction. You also like the idea of being part of a well-regarded, global group of modelers who collaborate and share knowledge.

• You genuinely value your AFM credential and want to keep building from there.

• You run into complex financial modeling situations regularly.

• You don’t just use models, you also review and interpret what other people have built, and then improve it where it makes sense.

• You’re looking for a way to speed up your career growth or move into a new direction.

• You also like the idea of being part of a well-regarded, global group of modelers who collaborate and share knowledge.



What does the CFM exam involve?

During this 4-hour Excel exam, you’ll be given separate financial modeling problems to solve. You’ll need to identify where the problem data is coming from, then work through your approach, and finally carry it out in Excel.

Past exam problems have included:

If you want people to trust your expertise, you have to show it. You’ll need a solid command of Excel and practical experience with applied financial modeling.

• Help a growing fashion business plan its international expansion sales forecasts.

• Review a junior banker’s model so their client can submit a refinancing request.

• Support an Investment Fund in picking the best funding option for a major asset purchase.

• Assist a manufacturer with strategic planning by forecasting expected operating profits.


The CFM exam will offer a selection of problems from areas including:

  • CAPEX & Depreciation
  • Debt
  • Equity
  • Income Tax
  • M&A / Subsidiaries
  • Operating and Non-Operating Costs
  • Sensitivity Analysis & Summary Automation
  • Revenue
  • Timing Flexibility
  • Working Capital

Certification Process

1

Complete all the classes

Attend classes, ask questions, and finish your homework. We check your activity and support your learning journey every step of the way.

2

Get the Summary Notes

Receive high-quality supporting documents, summary notes, and recommended readings. Ensure you have access to all tools and resources.

3

Complete 100% Impact

Complete the final assessment to validate your learning. Earn your certificate and share your achievement with your professional network!

Chartered Financial Modeler
Free

This Course Includes:

Level Access
1m of Content
Certificate of Completion
English

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