FMI Continues Global Expansion; Hosts Latest Sitting of Exams in 30 Cities Around the World

May 8, 2019 – On April 27th, the Financial Modeling Institute (FMI) welcomed candidates for the latest sitting of the Level 1: Advanced Financial Modeler (AFM) exam and the Level 2: Chartered Financial Modeler (CFM) exam. Interest continues to build and candidates wrote the exams in 30 cities worldwide, including the following new cities: Accra (Ghana), Karachi (Pakistan), Nairobi (Kenya), and New Delhi (India).

“This past year has been another year of tremendous growth for the FMI,” says Ian Schnoor, Executive Director of the FMI. “Many CFA charterholders have written the exams and become ardent supporters of the FMI. We are therefore excited to be an exhibitor at the annual CFA Institute conference that will be taking place in London from May 12th to 15th.”

“The FMI has achieved critical mass in 30 cities globally. Our next target milestone is to reach 10,000 candidates over the coming years. Feedback is highly encouraging that the FMI designations are helping candidates and employers. Finance and business executives are excited to have a trusted quality stamp for financial modeling skills. The FMI is committed to supporting candidates as they hone their skills to solve complex finance and modeling challenges. Conducting the exams under controlled conditions in testing centres globally improves the rigor and prestigious nature of the certifications.”

The FMI continues to gain support from candidates and graduates, including AFM graduate Kevin Vuckovic. “The FMI offers a top-notch, well-run and efficient financial modeling accreditation service. For exam preparation, they offer clear overviews and fantastic review material so that the candidates know exactly what to prepare for. All information is clear, concise, and complete – no details are overlooked. It was a pleasure to have worked through the process with the FMI.  Their service is to be envied by any competitor, and I would absolutely recommend it to anyone who is looking to further their financial modeling background in any capacity. I am proud to have taken the AFM exam with the FMI.”


The FMI exams focus on real-world applications of financial modeling excellence without the prerequisite of industry work experience. Earning each FMI certification is a gateway to becoming a member of a global network of financial modeling leaders who have demonstrated mastery of real-world and applied financial modeling. Certification is ideal for all finance, accounting, investment, insurance, and business professionals.

The FMI offers three levels of certification, increasing in difficulty as candidates obtain each subsequent level: Advanced Financial Modeler (AFM); Chartered Financial Modeler (CFM); and Master Financial Modeler (MFM).


Registration is now open for the next sitting of the Level 1: Advanced Financial Modeler (AFM) exam and the Level 2: Chartered Financial Modeler (CFM) exam to be held on October 19, 2019, in more than 30 cities worldwide.