FMVA Salary and Compensation
Financial modelingWhat is Financial ModelingFinancial modeling is performed in Excel to forecast a company's financial performance. Overview of what is financial modeling, how & why to build a model. A 3 statement model links income statement, balance sheet, and cash flow statement. More advanced types of financial models are built for valuation, plannnig, and is a highly demanded skill-set that requires years of experience to master. One of the best ways to stand out from the crowd is to earn a legitimate professional certification, such as CFI’s Financial Modeling & Valuation Analyst (FMVA) designation. The average FMVA salary was $121,000 in 2018, based on a survey of CFI students.
FMVA® CertificationThe Financial Modeling & Valuation Analyst (FMVA)® accreditation is a global standard for financial analysts that covers finance, accounting, financial modeling, valuation, budgeting, forecasting, presentations, and strategy. 
As shown above, the compensation buckets for FMVA certification holders ranges as follows:
- 8% are paid less than $50,000
- 18% are paid $50,000 to $75,000
- 20% are paid $76,000 to $100,000
- 32% are paid $101,000 to $150,000
- 17% are paid $151,000 to $150,000
- 5% are paid more than $250,000
With more than 100,000 students enrolling in Corporate Finance Institute courses annually, the FMVA certification is becoming an increasingly popular way of rising up the ranks as a financial analyst.
Financial Modeling Salaries
When it comes to base salaries, the finance profession is often one of the most lucrative options. Financial analystCertified Financial AnalystCFI Financial Modeling & Valuation Analyst program is your path to become a certified financial analyst. With 12 required courses on topics ranging from accounting and finance fundamentals to financial modeling, valuation and advanced Excel skills, the CFI financial analyst certification will help jobs are highly sought-after positions in the industry, with average base salary ranges of from $50,000 to $80,000. These figures vary widely depending on experience, company, and location. Major financial centers such as New York, Hong Kong, and London tend to have higher compensation.
In addition to their base salaries, financial analysts typically earn cash bonuses and equity-based compensation. These bonuses and equity awards can often make up a very meaningful part of their compensation and in some cases equal over 100% of the base salary.
To learn more, check CFI’s Library of Compensation GuidesCompensationCompensation and salary guides for jobs in corporate finance, investment banking, equity research, FP&A, accounting, commercial banking, FMVA graduates,.
Image: CFI Courses.
Additional Resources
Thank you for reading CFI’s FMVA Salary and Compensation Guide. If you are looking for additional resources to help you advance your career, check out the following:
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