Join me as I prepare for the FMI AFM exam in February 2025
Preparing for the February 2025 AFM exam
I will be sitting the FMI Advanced Financial Modeler exam in February 2025. In this series, I share my thoughts and learnings as I prepare for the exam.
You can catch up on my previous posts using the links below:
12 weeks to go to the FMI AFM exam
11 weeks to go to the FMI AFM exam
10 weeks to go to the FMI AFM exam
Here is my latest weekly update with ten weeks to go to the AFM exam.
What I covered last week
Last week I was supposed to move on to working capital. Note the word "supposed" in that last sentence!
What actually happened was I ended up being very busy with work and didn't progress my learning at all.
But heh, life happens, and I'm currently still a little ahead of plan, so no major drama. I do need to make sure I focus this week though, especially with Christmas next week.
On a positive note, what I did manage to progress was my micro-automation toolkit for the exam.
Micro-automations for the AFM Exam
As I mentioned in a previous post (week 2) I plan to use OA Robot to manage my AFM micro-automations for the exam.
I registered for the beta test a couple of weeks ago and was incredibly fortunate to have a demo call with the founder Erik Ohem.
The demo blew me away. OA Robot is going to be a true "game changer" for how people work in Excel. I appreciate that this is a much-overused phrase these days, but in the case of OA Robot is is absolutely justified.
It's fair to say that I left the call a little overexcited, my mind spinning with the opportunities for using this new tool in my modelling.
The first application that came to mind was my toolkit for the AFM exam, so I made a start on that right away. Giles and I are currently putting the final touches to a FMI AFM Collection for OA Robot. The toolkit will be publically available for free and will provide users with the formatting tools they need for the AFM exam.
Week 4 - 9 weeks to go
Despite my lack of progress this week I am still ahead of my original plan so will focus on Working Capital and Tax this week.
I'll also be finalising the work on my FMI AFM Collection for OA Robot. Which is a bit more exciting than Working Capital and Tax!
My plan
Below was my initial plan by topic areas.
How we support FMI students at Full Stack
Full Stack Modeller is an accredited training provider for the Financial Modeling Institute.
Our core training program covers all the Excel and financial modelling skills that you need to succeed in the FMI exams.
Our FMI AFM exam Bootcamp, led by Giles Males, MVP and MFM has been designed specifically to support candidates taking the FMI AFM exam.
Learn from a Master Financial Modeler
Giles Male, our co-founder and CEO, has achieved the prestigious, highest level of accreditation from the FMI - The Master Financial Modeler (MFM).
Learn from the best.
What is the Financial Modeling Institute?
The Financial Modeling Institute (FMI) was founded in 2017 with the goal of “Promoting awareness, excellence and discipline in Financial Modeling through world-class accreditation programs”.
The Financial Modeling Institute (FMI) focuses on assessment, leaving the delivery of training to independent and proven partners like us at Full Stack Modeller.
What are the FMI certification levels?
The Financial Modeling Institute (FMI) has three certification levels. These are: Advanced Financial Modeler (AFM); Chartered Financial Modeler (CFM); and Master Financial Modeler (MFM).
