Valuation

• Comps analysis
• Precedents analysis
  
• Discounted cash flow (DCF) analysis
  
• Weighted Average Cost of Capital (WACC)
  
• Enterprise value, equity value multiples
  
• Free Cash Flow to the Firm (FCFF) and
  
• Free Cash Flow to Equity (FCFE)
  
• Net Present Value (NPV) and Internal
  
• Rate of Return (IRR)
  
• Sum-of-the-Parts (SOTP)

Strategy

• Strategic analysis process
  
• Corporate, business,functional-level strategy 
  
• PEST and Porter's 5 forces
  
• Competitive advantage
  
• Key Performance Indicators (KPIs)
  
• SWOT analysis and lifecycle analysis
  
• Market segmentation and Porter's generic strategies
  
• Balanced scorecard
  

Presentations & Visuals

• Dynamic charts and graphs (football field chart, waterfall chart, tornado chart, gravity sort table, gauge chart,bullet charts, sparklines, combo chart)
• Professional pitch decks
  
• Financial dashboards
  

Prerequisites (optional) 

• Accounting Fundamentals
  
• Reading Financial Statement
  
• Fixed Income Fundamentals
  
• Excel Crash Course
  
• Introduction to Corporate Finance
  
• Math for Corporate Finance
  

​Core Courses (required)

• Financial Analysis Fundamentals
• Building a 3 Statement Financial Model
  
• Business Valuation Modeling
  
• Budgeting and Forecasting
  
• FP&A Monthly Cash Flow Forecast Model
• Scenario and Sensitivity Analysis
  
• Dashboard and Data Visualization
  
• PowerPoint and Pitchbooks
  
• Advanced Financial Modeling and
  
• Valuation (Amazon Case)

Elective Courses (choose 3)

• Advanced Excel Formulas
  
• Real Estate Financial Modeling
  
• Start-up/e-Commerce Financial
  
• Model and Valuation
  
• Mining Financial Model and Valuation
• Mergers and Acquisitions (M&A) Modeling
• Leveraged Buyout LBO Modeling
  
• Corporate and Business Strategy
  
• Renewable Energy - Solar Financial​

Budgeting & Forecasting

• Incremental, activity based, value proposition, zero based budgeting
• Break-even analysis, margin of safety
  
• Quantitative forecasting — moving average, simple and multiple linear regression
  
• Variance analysis
  
• Budgeting tools — goal seek, solver, consolidate, pivot tables

Course Content

Financial Modeling & Valuation Analyst (FMVA) Certification Program

Accounting

• Balance sheet, income statement,
• cash flow statement
  
• Assets, liabilities, shareholders’ equity
  
• Financial transactions
• Prepayments, accrued expenses, unearned revenue
• Operating cash flow, investing cash flow, financing cash flow
• Depreciation methods
• Working capital
• Property, Plant and Equipment (PP&E) and Capital Expenditures CapEx)

EXCEL

• Functions and formulas (XNPV, XIRR,
• PMT, IPMT, VLOOKUP, CHOOSE, INDEX MATCH MATCH, OFFSET)
• Auditing tools (tracing precedents/dependents, go to special, conditional formatting)
• Data validation, data table, goal seek
• Solver and Macros
  

Finance

• Present value, future value, net present value, terminal value
• Annuities and perpetuities
• Capital markets
• Capital raising process — Initial Public Offering (IPO)
• Capital structure — debt financing,equity financing
• Bond pricing, par value, coupon rate,
• yield to maturity
  

​How it Works 

• ​100% online; learn at your own pace
  
• 12 required courses (9 core and 3 electives)
  
• Complete real-world case studies in Excel and PowerPoint
• Earn a minimum passing grade of  80% in each course assessment

CFl 's Financial Modeling & Valuation Analyst (FMVA)® Certification Program covers the most important skills required to become a world-class 
financial analyst including finance, accounting, Excel, financial modeling, valuation, budgeting, forecasting, presentations, dashboards, and strategy.

Financial Modeling 

• 3-statement financial modeling
• Discounted Cash Flow (DCF)
• Scenario and sensitivity analysis
• Monthly cash flow forecasting
• Accretion/dilution analysis
• Leveraged Buyout (LBO)
• Mergers & Acquisitions (M&A)
• Industry-specific financial modeling