FMVA® Final Exam Study Tips

Exams can be daunting for many people - the thought of possibly having to take a graded assessment can leave them feeling anxious for days. It is for this reason we have created this study guide for the FMVA final exam. The success of all our learners is vital to us as training providers, and in this guide, you will learn how to thoroughly prepare for the exam in order to maximize your chances of gaining a first-time passing grade.

  1. Review course material - watch the course content you may have struggled with initially and make other attempts on the course-qualified assessment. This will help reinforce the lessons and give you more confidence.
  2. Review Business Valuation Modeling Part I and Scenario and Sensitivity Analysis - These courses cover some of the more advanced concepts which will be included in the exam. Be sure to review the completed financial models in detail and be able to connect the control panel assumptions to the relevant sections of each model.
  3. Take the practice exam - The practice exam is meant to give a good idea of what to expect in the final. Since learners have unlimited attempts, we recommend they take it one or two times (or however many times) they might need to feel confident enough to take the final.

Important Concepts to Review

Additional information below relates to what concepts each course covers.

Important information about taking the exam

  • The final exam is timed and takes 3 hours to complete, so it’s important to ensure that you have enough time.
  • Sitting for 3 hours can be physically exhausting, so be sure that you sit in a comfortable setting with no distractions.
  • Have a snack and/or water close to keep you energized and well hydrated.
  • Review the FMVA Final Exam guide on the requirements and details.
  • Ensure that you have a stable network; if you have a brief outage, you can refresh the page and continue with your assessment. However, be aware that the exam counter will not stop during this time.
  • Don’t panic if you did not pass the exam on your first attempt - it can be retaken after 30 days.