FMVA® | Program Overview

CFI's Financial Modeling & Valuation Analyst (FMVA®) Certification imparts vital financial analysis skills, emphasizing constructing effective financial models for confident business decisions. This comprehensive program ensures mastery in modeling, budgeting, forecasting, and overall competency in accounting and finance.

FMVA® equips learners with essential skills and tools for success as a financial professional. The hands-on curriculum and real-world applications prepare individuals for investment banking, private equity, M&A, business valuation, and corporate finance roles. The flexible online format, designed for busy professionals, facilitates self-paced learning for skill enhancement and career advancement.

The article below contains the following information about CFI's FMVA® Certification Program:

Skills You'll Gain

Financial Statement Analysis, Modeling, Accounting, Budgeting, Forecasting, Excel, PowerPoint, and more.

FMVA® Certifications are great for Investment Banking, Private Equity, Equity Research, FP&A, Corp Dev, and more.


To enroll in the FMVA® Certification Program, you must have an active Self-Study or Full-Immersion Subscription. Click here to review and select the subscription that best suits your needs!

No additional fees are required to earn your certification once you've enrolled.


FMVA® Certification Requirements

Please click here and select "How it Works" to learn more about the requirements for earning your FMVA® certification.

First and foremost: Sign the CFI Honor Pledge - Program candidates must sign and abide by the CFI Honor Pledge to receive and maintain program certification. Failure to abide by the CFI Honor Pledge will result in the revocation of one's certificates.

  • Step 1: Prep Courses (optional). We recommend learners who may need to refresh the basics take advantage of our prep courses before beginning the core curriculum content.
  • Step 2: Core Courses and Case Studies. Complete 14 core courses to build a strong foundation.
  • Step 3: Elective Courses. Choose three of the 27 available elective courses to qualify for the final exam.
  • Step 4: Case Study Challenges (optional). Case study challenges allow you to apply your knowledge and skills by solving real-world problems.
  • Step 4: Practice Exam (optional) & Final Exam. To qualify for the final exam, 80% must be achieved on each end-of-course assessment. Once complete, take the FMVA® final exam to earn your program certification. 70% must be achieved on the final exam to become FMVA® certified.
  • Step 5: Get FMVA® Certified! After completing the program, you will receive a blockchain-verified digital certificate with your new credentials.

Duration and Delivery

Lectures, study materials, and exams are all online and accessible worldwide, allowing the program to be completed anytime on a self-paced timeline. 

The estimated time needed to complete the FMVA® Certification program is 120-200 hours.


FMVA® Career Paths

The FMVA® certification teaches advanced financial modeling, provides industry-standard credentials, and sets certification holders apart as top valuation experts. Careers in Financial Modeling & Valuation include:

  • Equity Research: Provide investors with financial analysis and recommendations on buying, holding, or selling a particular investment.
  • Private Equity: Invest in businesses to increase their value before divesting the investment.
  • Financial Planning & Analysis: Develop budgets and forecasts that support a corporation’s strategic planning process.
  • Investment Banking: Provide capital market financing and financial advisory services (e.g., M&A, restructurings).

Review our interactive career map for additional information about career paths.


FMVA® Frequently Asked Questions

Do I have the option to pause my studies in the middle of a course or program?
  • CFI's courses are self-paced, allowing learners to learn whenever time permits. Simply click on 'Resume Course' to pick up training where you left off at your convenience.
Why is the total video time different than the number of course hours?
  • The hours included in the course description are the average study hours, including the time to watch lectures, download files, complete the exercises & assessments, etc.
I took the course assessment more than once. What score will this record on my transcript?
  • We offer unlimited attempts on the course assessments. Your transcript will show a PASS or a FAIL for each test score.
Where can I access the FMVA® final exam?
  • The FMVA® final exam and the practice exam will be available on your student dashboard once you have completed all the requirements.
Can I extend the 3 hours of the FMVA® final exam?
  • The final exam must be completed within three hours. There is no option to pause once the exam has begun.
Can I take more than 3 elective courses?
  • Yes, of course! You have access to all courses included in the program. You are welcome to take as many courses as you'd like at no additional cost.

Not finding what you're looking for? We want to hear your feedback! Email us at [email protected] with the subject "Help Center Suggestion." We'll review and make updates to improve your experience as needed!

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