When looking for a future career, most of us look to the educational models that will help us get there. One of the best careers to look into for financial success and longevity is finances.
People will always need money, and will always need new ways to become more financially stable. This is why CFI is one of the best career prospects for those who are good with money. You can gauge if this career is for you by looking at Corporate Financial Institute reviews.
Of course, it is not for everyone, but CFI courses are a great way to get your teeth into a successful career doorway and develop skills that are critical for modern finance.
What Is CFI?
CFI, or Corporate Finance Institute is an online education and training platform that is designed for investment and finance professionals. It provides courses and certification in valuation, financial modeling, and corporate finance subjects.
There are several skills that CFI believes to be critical for modern finance, such as presentation and visuals, Microsoft Excel, accounting knowledge, and business strategy knowledge, which are all included in CFI courses.
They provide certification programs such as:
- FMVA (Financial Modeling & Valuation Analyst).
- CBCA (Commercial Banking & Credit Analyst).
- CMSA (Capital Markets & Securities Analyst).
- BIDA (Business Intelligence & Data Analyst).
All courses are taken online.
This organization was born as a joint venture with MDA Training, which is a London-based financial training company, which was founded in 1988 by ProfessionWalter Reid, one of the founding professors of London Business School.
CFI acquired Macabacus in 2021, which is a Microsoft Office Add-In for financing professionals. Now Macabacus has thousands of monthly and annual subscribers, showing its success.
Courses
Let’s take a quick look at the different CFI certification programs that are available across CFI online learning.
FMVA Certification
CFI offered FMVA certification. On this course, students can choose individual courses based on what they need, without even needing to have access to the certification program.
The analyst program will offer 7 optional prerequisites to review the fundamental aspects, 11 base courses that will build a foundation in financial valuation and modeling, as well as 3 elective courses minimum, which allow for a more pinpointed focus on specific skills and topics.
Students need to earn a passing grade of 80% minimum for each course assessment, and will also need to pass their final exam to complete the program requirements and gain a certificate of completion.
The topics of the curriculum are distributed as seen here:
- Financial Modeling – 25%.
- Financial Math & Theory – 23%.
- Excel Skill – 17%.
- Business Valuation – 10%.
- Budgeting & Forecasting – 8%.
- Visual Outputs & Presentations – 8%.
- Accounting Knowledge – 5%.
- Corporate & Business Strategy – 4%.
CBCA Certification
There is also the CBCA certification. This is a certification designed for credit analysts who work in different banks, insurance, or credit rating agencies. It has 17 optional prerequisites for reviewing the 15 base courses that build a foundation for credit analysis.
Students need to gain a minimum of 80% per course assessment and complete program requirements to gain a certificate of completion.
The topic distributions for this curriculum are as seen here:
- Financial Analysis – 39%.
- Credit Documentation & Evaluation – 26%.
- Business & Management – 16%.
- Risk Management – 12%.
- Industry Analysis – 7%.
BIDA Certification
BIDA covers BI, as well as data sciences. This helps students to develop skills in a variety of related areas, from data analysis to data storage & collection, data modeling, transformation, and visualization.
CFI Certification
CFI courses can also be offered on the ‘bearning.com’ website, on a flexible schedule. Note that these courses are expert-level, and all courses are completed online.
Although bearing.com offers these courses, it is best to simply go through the CFI website, although they do not have the same discounts available.
CFI announces that they have an incredible 1.5 million learners across the world, with 5,000 on-demand lessons, and courses spread across 150 plus specialties.
CFI specializes in enhancing skills, productivity, and knowledge in professionals in banking and finance. They offer real-world development in expert-led courses, with interactive lessons, and on-the-job tools to help those already in the industry better themselves.
It is designed to make a career in finance advance through upskilling and learning easier.
Overall
CFI courses are designed for professionals in the financial field, they are made to enhance upskilling in this field, and make it easier for professionals to grow their skill set to further their careers.
It is designed for professionals, so does not offer certification or learning for newbies to finance.
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