Financial Modeling Institute Partners with CFA Society of the UK to Offer its 12,000 Members the Advanced Financial Modeler Accreditation

Monday 24 June 2024

Toronto, Ontario – June 24, 2024 –  Financial Modeling Institute (“FMI”), the only financial modeling accreditation body in the world, serving candidates in over 120 countries, announced today its collaboration with CFA Society of the UK (“CFA UK”). Under the new partnership, CFA UK will offer FMI’s Level 1 Advanced Financial Modeler (AFM) accreditation, highlighting its commitment to providing the most relevant, cutting-edge education in the field. CFA UK members will have the opportunity to obtain FMI’s Level 1 AFM accreditation, enabling them to further distinguish their skills and advance their careers by demonstrating they have achieved the advanced financial modeling skills most valued by employers, clients and stakeholders worldwide. FMI is recognized globally for providing accreditations in financial modeling, and for creating the content for CFA Institute’s Practical Skills Module on financial modeling for CFA Level 1 candidates.

“CFA UK recognizes financial modeling is a critical discipline and by offering FMI’s AFM accreditation, it will play an integral role in enabling our members to become best-in-class financial modellers and further their careers,” says Will Goodhart, Chief Executive. “FMI is the gold standard in financial modeling accreditation and the AFM program provides numerous benefits by promoting optimal decision-making and leadership development, culminating in an experiential financial modeling exam.”

“We’re thrilled to be able to partner with CFA UK to provide an accreditation that allows its members to upskill in the discipline of financial modeling,” said Ian Schnoor, Executive Director of FMI. “While the Practical Skills Module introduces key concepts and best practices in financial modeling, FMI’s Advanced Financial Modeler (AFM) accreditation requires candidates to design and build a 3-statement financial model of a company in an online exam. Obtaining the AFM accreditation demonstrates candidates’ acumen in finance, accounting, and Excel. The AFM accreditation validates that successful candidates have attained financial modelling excellence and can successfully lead modelling projects that clients and stakeholders rely on."

CFA UK members interested in the new Level 1 Advanced Financial Modeler (AFM) accreditation can find more information at

About CFA UK
CFA UK is a diverse community of 12,000 investment professionals. We are part of the worldwide network of CFA Institute member societies. We grow talent by educating, connecting and inspiring investment professionals to build a sustainable future.

About Financial Modeling Institute
FMI’s mission is to promote awareness, excellence and discipline in financial modeling globally through its world-class accreditation programs. Through research and testing, FMI has developed exams that set the bar high with regards to modeling skills and validation. FMI provides learning resources to support candidates, and offers proctored, rigorous financial modeling exams. FMI offers the Level 1 Advanced Financial Modeler (AFM) accreditation, the Level 2 Chartered Financial Modeler (CFM) accreditation, and the Level 3 Master Financial Modeler (MFM) accreditation. FMI also offers an introductory program to financial modeling called FMI Foundations. FMI's accreditations are relevant for professionals working in accounting, asset management, banking, business development, credit, private equity, venture capital, and other areas. Learn more at