Is FMVA worth it? It’s going to be one of your first questions when you are looking forward to getting an FMVA certification. In this article, I’ll be presenting to you an honest review of whether the FMVA may be worth it for you or not in your way to becoming a professional business analyst.
We will go through all the PROS and CONS of this popular business certification. Then, we will analyze its effects on your business career, both as a student and as a professional.
What is FMVA?
FMVA stands for financial modeling & valuation analyst is a premier global certification program organized for the practical application of financial analysis, modeling, valuations, presentations, and many more.
The certification program covers all the elements of a financial analyst skillset. It provides you with all the tools and complete training to become a world-class financial analyst.
The certificate is provided to students who have completed all the 12 courses and have scored at least 80% in the examination.
What does the FMVA Offer?
This certification program comes with a high-class curriculum that covers topics important for a financial analyst. The curriculum includes the combination of detail-focus and big-picture thinking training that helps you be a fine financial analyst.
The major topics that the FMVA program covers include;
- Financial Modeling
- Business Valuation, and
For now, there are more than 1,000,000 students enrolled in the FMVA program. It clearly shows the trust people are showing towards the program and its value as well.
Also, when you visit the FMVA site, you will see that the graduates of the program work on well-reputed companies of the world such as Amazon, J.P Morgan, Starbucks, Deloitte, and many more.
Features and Benefits of the FMVA
The FMVA self-study program costs around 500$ and provides you with a number of features and benefits for your future career as a financial analyst. Below, I have mentioned a few of them to give you an idea of what you will get with the program.
- The FMVA program offers you 29 exclusive courses
- It offers you an FMVA program completion certificate that shows that you have completed all the courses and have scored more than 80% on the examination
- Quizzes, Assignments, and Tests to hone your business analytics skills
- Plenty of exclusive downloadable resources including PPT, Excel, and PDF flies
- Several financial models and templates library to make things easier for you
These are just a few of the features and benefits that you get after enrolling in the financial modeling & valuation analyst program. After this section, you will have a clear idea of is FMVA worth it? or not.
Why Should You Go for the FMVA Program?
The FMVA program has positive aspects as well as negative aspects. First, I would like to discuss the good things that the FMVA program has. Here are a few reasons why you should go for the program.
As I have mentioned in the article above, the course offers you a wide range of 29 courses that cover almost every aspect of a financial analyst career. Whether it is finance, strategy, accounting, or using powerpoints, or building pitch books, the program allows you to learn everything, in detail.
Especially, from the 11 elective courses, you can learn a lot. These elective courses cover some more niches and skills that include;
- Real Estate & Finance Modeling
- M&A Financial modeling
- Solar Financial Modeling- Renewable Energy, and many more
In the program, you learn from some of the best instructors in the world. With them, you learn in the best way possible. They give clear and concise instructions in the easiest way possible. The courses have been divided into mini video clips lengthening from 1 to 4 minutes. It makes it easy to watch for the students without getting bored.
Exclusive Downloadable Content
FMVA makes learning better with the exclusive downloadable content that comes along with the video lectures. They are in the form of PDFs, PPTs, and Excels so that anyone can open them and consume the valuable information inside.
The value provided in the downloadable content is no less than the value provided in the video lectures.
The downloadable content includes;
- Completed excel exercises of the models along with some blank exercises for the students’ practice
- Cases used in the video lectures
- A PDF file of the slides used in the video lectures, if done so
Also, you get access to a library of financial models and templates from where you can learn and create new models.
Learn New Skills
Don’t just watch the video lectures and gain knowledge theoretically, that’s what everyone does. FMVA allows you to gain knowledge as well as skills that will make you stand apart in the real world.
You learn important skills such as using Excel effectively, creating high-quality presentations and pitch books.
It’s actually the best part about the program. The complete FMVA program is available online that allows anyone from anywhere in the world to learn business analytics and financial evaluation from the best and acquire high-demanding skills, all from the convenience of their home.
Drawbacks of the FMVA Program
We have talked enough about the positive side of the FMVA program. Now it’s time to have a look at the dark side of the program as well.
Here is why you should think again before enrolling in the FMVA program.
Not Prestigious as Others
The FMVA program has seemed to be not as effective as the other financial certification. It makes it tough for the students to decide whether or not to enroll in the program.
One major reason behind this thing is that the program is relatively new to the field as compared to other programs. However, it is gaining quite immense popularity so CFI is making improvements to the program to make it better.
The major goals of the program are to;
- Make it more valuable and credible worldwide
- Protect the integrity of the program and its creators
- Help the students to get better future opportunities after completing the program.
Final words: Is FMVA Worth It?
So now we have gone through all the aspects of the FMVA program.
In answer to the question, is FMVA worth it? I would like to say that yes it is worth it if you are looking to gain knowledge and acquire new skills. However, if you are enrolling in the program with the sole purpose of getting jobs and higher positions, it might disappoint you. That’s all!