AFM exam preparation course
36 hours of practical training with Mohamed Fakhry for the Advanced Financial Modeler certificate in financial modeling from FMI, Canada. In the exam you build a complete financial model in Excel from scratch.

The exam: an empty Excel file and 4 hours
The Financial Modeling Institute (FMI) in Canada awards the AFM certificate.
The exam is practical and does not test memorisation. You get an empty Excel file, and in 4 hours you build a complete financial model from scratch.
The academy states that more than 80 countries recognise the certificate.
The course
36 hours
Practical training in Excel.
One lecture a week
Live on Zoom, over 2.5 to 3 months.
Simulation from day one
Practice on real models and exams.
What you learn
- Building a professional financial model
- Linking the three financial statements
- Revenue and cost schedules
- A working capital schedule
- The cash conversion cycle (CCC) and its effect on liquidity
- A fixed assets and depreciation schedule
- A debt schedule
- Scenario analysis: base, best and worst
- Sensitivity analysis
- Full preparation for the AFM exam
Who the course suits
- Finance analysts
- Financial modelers
- FP&A professionals
- Accountants
- Treasury professionals
- Investment and valuation analysts
And anyone moving from reporting to analysis and decision support.
What the course includes
- Live training on Zoom
- Step-by-step practical explanation
- Excel files to practise on
- A recording of every lecture
- Support and follow-up until exam day
- Installments
- An exclusive FMI exam-fee discount for the academy's students
- Help with exam registration
- Direct contact with the certification body
- The academy's completion certificate for the 36-hour program
AFM, CPA or CFA?
The three certificates do different jobs.
CPA
Strengthens accounting and audit.
CFA
Goes deep into analysis and investment.
AFM
Takes you from reading numbers to building financial models that support real decisions.
Students who passed the AFM exam
Certificates FMI issued to the academy's students.




Also Hussam Olayan, Treasury Manager.
Price and dates
The course price, the next round's dates and the current discount change from round to round. The team sends the current figures on WhatsApp.
