Close the Skill Gap -> Enroll to be a Certified Financial Modeling & Valuation Analyst (FMVA)® Today!

FMVA™ vs CFA® Program

FMVA™ vs CFA® Designation Comparison

For a comparison of the Financial Modeling & Valuation Analyst (FMVA)® certification and the CFA designation, you can read our guide to the top finance certifications where there is a detailed table that breaks down all of the top accreditations for financial analysts. Some of the biggest differences that stand out are that the FMVA is 100% online, doesn’t have multiple levels, focusses heavily on applications of finance (Excel, PowerPoint, etc.), and covers financial modeling and valuation extensively.

 

 CFA®CPA®CAIA®CFP®FRM®FMVA™
Number of Levels312221
Costs$4,000 to $5,000$1,000 to $3,000$3,000$2,000$1,500$497
Exam Pass Rate30-50%40-50%70%67%40-50%70%
Content FocusPortfolio Management, InvestmentsFinancial Reporting, AuditReal Assets, Alternative InvestmentsFinancial PlanningFinancial Risk ManagementFinancial Modeling, Valuation
Career ApplicationAll EncompassingAccounting and FinanceAsset ManagementRetail and Wealth ManagementRisk ManagementAll Encompassing
Study Time (hrs)300 - 350 per examVaries200 per examVaries200 - 300 per exam100 - 200 total
Completion Time3-5 years2.5 - 51-2 years4 years<1 year<1 year
Work Experience4 years1 year1 year3 years2 yearsn/a

FMVA™ Program Details

Below is a break down of subject weightings in the program. As you can see there is a heavy focus on financial modeling, finance, Excel, business valuation, budgeting/forecasting, PowerPoint presentations, accounting and business strategy.

 

FMVA Financial modeling certification curriculum

 

A well rounded financial analyst possesses all of the above skills!

 

Additional Questions & Answers

CFI is the official global provider of financial modeling and valuation analyst FMVA™ Designation. CFI is on a mission to enable anyone to be a great financial analyst and have a meaningful career. In order to help you achieve that, we have compiled a vast range of resources to assist you along the way.

In order to become a world-class financial analyst, below are some additional questions and answers for you to discover:

  • How do you build a DCF model?
  • What is sensitivity analysis?
  • What is financial modeling?
  • How do you value a business?