Financial Modeling & Valuation Analyst
(FMVA)® Certification Program
CFI’s Financial Modeling & Valuation Analyst (FMVA)®
Certification Program covers the most important skills
required to become a world-class financial analyst
including finance, accounting, Excel, financial modeling,
valuation, budgeting, forecasting, presentations,
dashboards, and strategy.
This program is designed to equip anyone who desires to
begin a career or advance their knowledge in financial
modeling and valuation. Our courses cover basic,
intermediate, and advanced levels so students can choose
their own learning path based on their skill level and interest.
How It Works
100% online;
Complete real-world case studies in
learn at your own pace Excel and PowerPoint
14 required courses
Earn a minimum passing grade of
(11 core and 3 electives) 80% in each course assessment
Common Career Paths
Financial Planning & Analysis
31 total courses (14 required)
Investment Banking
Recommended study time of 120 - 200 hours
Corporate Development
127+ downloadable templates
Equity Research
Average completion time of 6 months
Private Equity & Venture Capital
Corporate Valuation Services
Click to learn more at cfi.to/fmva
Financial Modeling & Valuation Analyst
(FMVA)® Certification Program
All Courses Curriculum Topics
Prep Courses (optional) Strategy
Financial Financial Modeling
Accounting
Modeling
Accounting Fundamental 3-statement financial modelin
Capital IQ Fundamental Presentation
4%
Discounted Cash Flow (DCF
5%
& Visuals 25%
Corporate Finance Fundamental Scenario and sensitivity analysi
Excel Fundamentals - Formulas for Financ 8%
Monthly cash flow forecastin
Macabacus Fundamental 23% Finance Accretion/dilution analysi
Math for Corporate Financ 8%
Leveraged Buyout (LBO
Reading Financial Statements Budgeting &
Forecasting 10% 17% Mergers & Acquisitions (M&A
Industry-specific financial modeling
Core Courses (required)
Valuation Excel
Accounting Principles and Standard Excel
Budgeting and Forecastin
Building a 3 Statement Financial Mode Finance Functions and formulas (XNPV, XIRR, PMT, IPMT,
Business Valuation Modeling Part VLOOKUP, CHOOSE, INDEX MATCH MATCH,
Business Valuation Modeling Part I Present value, future value, net present value, OFFSET
Dashboards & Data Visualizatio terminal valu Auditing tools (tracing precedents/dependents,
Financial Analysis Fundamental Annuities and perpetuitie go to special, conditional formatting
FP&A Monthly Cash Flow Forecast Mode Capital market Data validation, data table, goal see
PowerPoint & Pitchbook Capital raising process — Initial Public Offering Solver and Macros
Professional Ethic (IPO
Scenario & Sensitivity Analysis in Excel Capital structure — debt financing, equity
financin Budgeting & Forecasting
Bond pricing, par value, coupon rate, yield to
Electives (minimum of 3 required) Incremental, activity based, value proposition,
maturity
zero based budgetin
Advanced Excel Formulas & Function Break-even analysis, margin of safet
Corporate & Business Strateg
Valuation Quantitative forecasting — moving average,
Excel VBA for Financ simple and multiple linear regressio
Leveraged Buyout LBO Modelin Comps analysis Variance analysi
Mergers & Acquisitions (M&A) Modelin Precedents analysis Budgeting tools — goal seek, solver, consolidate,
Mining Financial Model & Valuatio Discounted cash flow (DCF) analysi pivot tables
Operational Modelin Weighted Average Cost of Capital (WACC
Presentation of Financial Informatio Enterprise value, equity value multiples
Real Estate Financial Modelin Free Cash Flow to the Firm (FCFF) and Free Cash Presentations & Visuals
Renewable Energy - Solar Financial Modelin Flow to Equity (FCFE
Dynamic charts and graphs (football field chart,
Startup / e-Commerce Financial Model & Net Present Value (NPV) and Internal Rate of
waterfall chart, tornado chart, gravity sort table,
Valuatio Return (IRR
gauge chart, bullet charts, sparklines, combo
The Amazon Case Study (New Edition) Sum-of-the-Parts (SOTP)
chart
Professional pitch deck
Template Library Accounting Financial dashboards
Financial Modeling Templates Balance sheet, income statement, cash flow
statemen Strategy
Assets, liabilities, shareholders’ equit Strategic analysis proces
Financial transaction Corporate, business, functional-level strateg
Prepayments, accrued expenses, unearned PEST and Porter’s 5 force
revenu Competitive advantag
Operating cash flow, investing cash flow, Key Performance Indicators (KPIs
financing cash flo SWOT analysis and lifecycle analysi
Depreciation method Market segmentation and Porter’s generic
Working capita strategie
Property, Plant and Equipment (PP&E) and Balanced scorecard
Capital Expenditures (CapEx)
Learn more at cfi.to/cbca
Learn more at cfi.to/fmva
