Corporate Finance Institute
Corporate Finance Institute (CFI) is a financial analyst certification organization that provides online training and education for finance and investment professionals, including courses for financial modelling, valuation, and other corporate finance topics.[4][5] The organization provides courses with the objectives of providing students the skills CFI deems important for modern finance, such as Microsoft Excel, accounting, presentation and visuals, and business strategy. All CFI courses are delivered online. CFI is the official provider of the Financial Modeling & Valuation Analyst (FMVA)[6] and Certified Banking & Credit Analyst (CBCA) designation.[7]
Abbreviation | CFI |
---|---|
Predecessor | MDA Training |
Merged into | Corporate Finance Institute |
Formation | 2016 |
Type | Private |
Purpose | Finance Education |
Location | |
Region served | Worldwide |
Official language | English |
Key people | Tim Vipond (CEO)[1] |
Staff | 40[2] |
Students | 600,000[3] |
Website | corporatefinanceinstitute |
The organization was incorporated as a joint venture with MDA Training (MDA), a London-based financial training company founded in 1988 by Professor Walter Reid, who was one of the founding professors of the London Business School (LBS).[8]
FMVA designation
CFI offers the Financial Modeling and Valuation Analyst (FMVA) certification for students to access all the courses provided by the Institute. Students may also choose individual courses based on their needs, without accessing the certification program. The analyst program includes 7 optional prerequisites to review the fundamentals, 9 core courses to build a foundation in financial modeling and valuation, plus a minimum of 3 elective courses that allow more focus on specific topics and skills (12 required courses in total). Students must earn a minimum passing grade of 80% in each course assessment to complete the requirements for the program and to receive a certificate of completion.[9][10]
Curriculum topic distributions are as follows:[11]
- Financial Modeling (25%)
- Finance Theory and Math (23%)
- Excel Skills (17%)
- Business Valuation (10%)
- Budgeting & Forecasting (8%)
- Presentations & Visual Outputs (8%)
- Accounting Knowledge (5%)
- Corporate and Business Strategy (4%)
CBCA designation
CFI also offers the Certified Banking and Credit Analyst (CBCA) certification which is designed for the credit analysts who are working in different banks, credit rating agency or insurance. The program includes 17 optional prerequisites to review the fundamentals and 15 core courses to build a foundation in credit analysis. Students must earn a minimum passing grade of 80% in each course assessment to complete the requirements for the program and to receive a certificate of completion.[12][13]
Curriculum topic distributions are as follows:[14]
- Financial Analysis(39%)
- Credit Evalustion and Documentation (26%)
- Management & Business (16%)
- Risk Management (12%)
- Industry Analysis (7%)
National Registry of CPE Sponsors with NASBA
Corporate Finance Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education (CPE) on the National Registry of CPE Sponsors.[15] Students are eligible to earn in total of 80 CPE credits upon successfully completing all courses in CFI’s program.[16]
See also
References
- ""You Get To Trade The Fear Of Being Fired For The Fear Of Becoming Insolvent" Words Of Wisdom With Tim Vipond Founder Of CFI". Thrive Global. Thrive Global. Retrieved 19 January 2019.
- "Faculty". Corporate Finance Institute. CFI Education Inc. Retrieved 23 January 2019.
- Stanbury, Josh. "Thinkific Raises $22M to Meet Surging Demand in Online Courses". Business Wire. Business Wire. Retrieved 4 October 2020.
- "As the Dow tanks, here is Warren Buffett on the biggest puzzle for investors: Intrinsic value of a stock". CNBC. CNBC LLC. Retrieved 19 January 2019.
- Graveline, Dave. "E-Learning Courses To Fit The Working World With CFI". into tomorrow. Advanced Media Network. Retrieved 19 January 2019.
- "Financial Analyst Training". FMVA® Financial Analyst Certification. CFI Education Inc. Retrieved 19 January 2019.
- "Credit Analyst Training". CBCA® Credit Analyst Certification. CFI Education Inc. Retrieved 17 January 2021.
- "History and Background of CFI". Corporate Finance Institute® (CFI). Corporate Finance Institute. Retrieved 19 January 2019.
- "Financial Modeling & Valuation Analyst (FMVA)® Certification". Global Corporate Finance Society. corporatefinance.org. Retrieved 19 January 2019.
- "Financial Analyst Courses and Training Online". Corporate Finance Institute. Corporate Finance Institute. Retrieved 19 January 2019.
- "Financial Modeling & Valuation Analyst (FMVA)® Certification". Financial Modelling Competition. Financial Modeling Competition. Retrieved 19 January 2019.
- "Certified Banking and Credit Analyst (CBCA)® Certification". Global Corporate Finance Society. corporatefinance.org. Retrieved 17 January 2021.
- "Credit Analyst Courses and Training Online". Corporate Finance Institute. Corporate Finance Institute. Retrieved 17 January 2021.
- "Certified Banking & Credit Analyst (CBCA)® Certification". Financial Modelling Competition. Financial Modeling Competition. Retrieved 17 January 2021.
- "Corporate Finance Institute". National Registry of CPE Sponsors. National Associate of State Boards of Accountancy. Retrieved 19 January 2019.
- "Earn 80 CPE Credits". Corporate Finance Institute. CFI Education Inc. Retrieved 19 January 2019.