FMVA® Program Information

The Financial Modeling & Valuation Analyst (FMVA)® program is an online global certification program that focuses on practical applications of financial analysis, modeling, valuation, presentations, and more. It covers the entire financial analyst skillset and provides the tools and training necessary to become a world-class financial analyst.


Common Questions

Bundles and Inclusions

The FMVA® program is offered in two bundles: Self-Study and Full Immersion bundles.

  • Self-Study FMVA® bundle - priced at USD 497 and provides access to all 29 courses (7 optional prep courses, 11 core courses, and 11 elective courses), and an exclusive library of modeling templates.
  • Full Immersion FMVA® bundle - priced at USD 847, provides access to all 28 courses and to the exclusive library of modeling templates, and in addition, includes premium email support, 1-on-1 feedback on financial models, additional case studies, and more. See this article on Full Immersion Integrations.

The program tuition includes everything and no additional fees are required to earn the digital certification. Both options provide 2-year access to all of the above resources and all future FMVA® course upgrades within this period.

Check for more information about the fees here: Program Fees

Common Questions

I purchased a course included in the FMVA®, how much do I have to pay if I want to enroll in the whole program?

You can upgrade your enrollment to the FMVA® program by just paying the price difference. Contact our Student Support team via email at [email protected] to issue you a coupon code that credits the amount you already paid.

Can I enroll in the Self-Study bundle and later upgrade to the Full Immersion bundle?

Yes, of course! You can upgrade your enrollment just by paying the price difference of USD 350. Contact our Student Support team via email at [email protected] to issue you a coupon code that credits the amount you already paid.

My 2-year access has expired. Can I still renew my access?

Absolutely! You can renew your access after 2 years for only US$97/year.

FMVA® Certification Requirements

In order to complete the certification program and earn the FMVA® designation, students are required to complete at least 14 courses (11 core and 3 elective courses) and pass the FMVA® final exam.

All courses come with an online exam at the end (MCQ's, fill-in-the-blanks, and excel questions) that students need to complete. The exams can be repeated as many times as needed and can be taken at any time. A score of at least 80% is required to pass the assessment and earn the course credentials. 

Students are also required to take the FMVA® final exam and earn at least 70% to pass and earn their certification. The final exam covers contents from the prep and core courses (elective courses not included) and is timed to be completed within 3 hours. There is one free attempt provided, with succeeding attempts subject to a USD50 retake fee, as well as a cool-down period of 30 days before challenging the exam again.  Further information about the FMVA® final exam can be found here.

After successfully completing the FMVA® course requirements (11 core & 3 elective courses) and passing the FMVA® final exam, students need to sign CFI's Honor Pledge to submit their program for certification. Once signed and submitted, the Blockchain-Verified FMVA® certificate will be sent to the registered email address within 24 hours.

Common Questions

I took the course assessment more than once, what score will this record on my transcript?

We offer unlimited attempts on the course assessments and your transcript will show a PASS or a FAIL for your test score.

Where can I access the FMVA® final exam?

The FMVA® final exam, as well as the practice exam, will be available on your student dashboard once you have completed all the required courses.

Can I extend the 3 hours of the FMVA® final exam?

The final exam is timed for exactly 3 hours and there is no option to pause the timer once you have started.

Can I take more than 3 elective courses?

Yes, of course! You will be given access to all of the courses included in the program and you are free to take more than the required courses, if you wish, at no additional cost.

Duration and Mode of Delivery

All courses include video lectures delivered by professional Wall Street trainers, who have been teaching classes for new hires at global investment banks for over twenty years. 

Lectures, study materials, and exams are all online, and are accessible from anywhere in the world, allowing the program to be completed at any time. 

The recommended time to complete the program is 120-200 hours, but students are free to finish the program at their own pace.

Common Questions

Why is the total time of the video not equal to the noted number of course hours?

The hours included in the course description are the average study hours which include the time to watch the lectures, download files, complete the exercises & assessments, etc.

*Effective January 1, 2021, the required course 'Advanced Financial Modeling & Valuation' was changed to an elective course, and two new required core courses have been added to the program. Thus the requirement in earning the FMVA® certification is: complete 14 courses (11 core and 3 electives) and pass the FMVA® final exam. Click on 'Contact Us' for any questions or clarifications.

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