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Abbreviation | CFI |
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Predecessor | MDA Training Macabacus |
Formation | 2016 |
Type | Private |
Purpose | Professional Education in Business Administration with a focus on Finance. |
Headquarters | Vancouver, British Columbia, Canada |
Coordinates | 49°17′5.7438″N123°6′55.9434″W / 49.284928833°N 123.115539833°W |
Region served | Worldwide |
Official language | English |
Key people | Anna Talerico (CEO) |
Staff | 100 |
Students | 1,500,000 |
Website | corporatefinanceinstitute |
Corporate Finance Institute (CFI) is a training, continuing education, and professional development platform for finance, banking, and investment management professionals, providing courses and certifications in financial modeling, valuation, corporate finance, and other business administration topics. The skills CFI deems important for modern finance at the most basic and fundamental level are the ability to use spreadsheets (like Microsoft Excel), presentation slides (like PowerPoint), and visuals for data and information visualization, as well as underlying knowledge of accounting and business strategy (strategic management).
CFI is a provider of professional certification programs including the Financial Modeling & Valuation Analyst (FMVA), [1] Commercial Banking & Credit Analyst (CBCA), Capital Markets and Securities Analyst (CMSA), Business Intelligence and Data Analyst (BIDA), and Corporate Finance Foundations (CFF) certification programs and professional designations. [2] [3] All CFI courses are delivered online.
The organization was incorporated as a joint venture with MDA Training (MDA), a London, England, United Kingdom-based financial training company founded in 1988 by Professor Walter Reid, who was one of the founding professors of the London Business School (LBS) of the University of London. [4] The Corporate Finance Institute is currently headquartered in Vancouver, British Columbia, Canada.
In 2021, Corporate Finance Institute acquired Macabacus, a Microsoft Office Add-In for finance professionals, with tens of thousands of monthly and annual subscribers. [5]
CFI offers the Financial Modeling and Valuation Analyst (FMVA) certification. 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, 11 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 (14 required courses in total). Students must earn a minimum passing grade of 70% in each course assessment and pass the final exam to complete the requirements of the program and to receive a certificate of completion, and are entitled to use the designation Certified Financial Modeling & Valuation Analyst (FMVA), and can add:
Corporate Finance Institute | Vancouver, British Columbia
Professional Certificate, Financial Modeling and Valuation Analyst (FMVA) - Business Administration Education | [Month Year or Semester of Conferral]
to the education section of their resume, CV, or profile. [6] [7] [8]
Curriculum topic distributions are as follows: [9]
CFI also offers the Commercial 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, and be entitled to use the designation Certified Commercial Banking and Credit Analyst (CBCA), and can add:
Corporate Finance Institute | Vancouver, British Columbia
Professional Certificate, Commercial Banking and Credit Analyst (CBCA) - Business Administration Education | [Month Year or Semester of Conferral]
to the education section of their resume, CV, or profile. [10] [11]
Curriculum topic distributions are as follows: [12]
Business Intelligence and Data Analyst (BIDA) [13]
covers both BI and data science, helping develop skills in various related areas: data storage and collection, data transformation, data analysis and modeling, data visualization. Students must earn a minimum passing grade of 70% in each course assessment to complete the requirements for the program and to receive a certificate of completion, be entitled to use the designation Certified Business Intelligence & Data Analyst (BIDA), and can add:
Corporate Finance Institute | Vancouver, British Columbia
Professional Certificate, Business Intelligence and Data Analyst (BIDA) - Business Administration Education | [Month Year or Semester of Conferral]
to the education section of their resume, CV, or profile. [14]
The Corporate Finance Foundations (CFF), the CFI Corporate Finance Foundations Professional Certificate (CFI-CFF), or the Professional Certificate in Corporate Finance Foundations - Corporate Finance Institute (CFF-CFI), in is a professional certification program that covers business administration topics such as the foundations of corporate finance, financial modeling, decision-making, corporate budgeting, financial forecasting, financial analysis, financial statement analysis, accounting, and environmental, social, and governance (ESG) impact reports. Students must earn a minimum passing grade of 70% in each course assessment to complete the requirements for the program and to receive a certificate of completion, and be entitled to add:
Corporate Finance Institute | Vancouver, British Columbia
Professional Certificate, Corporate Finance Foundations (CFF) - Business Administration Education | [Month Year or Semester of Conferral]
to the education section of their resume, CV, or profile. It was created in partnership with LinkedIn, Brigham Young University, and qualifies for continuing professional education (CPE) credits with the National Association of State Boards of Accountancy (NASBA). [2] [3]
CFI's courses are accredited and recognized for continuing professional education (CPE) and continuing professional development (CPD) credits with several professional associations, self-regulatory organizations, trade associations, and/or regulatory agencies such as the [15] :
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. [16] Students are eligible to earn in total of 80 CPE credits upon successfully completing all courses in CFI's program. [17]
Professional certification, trade certification, or professional designation, often called simply certification or qualification, is a designation earned by a person to assure qualification to perform a job or task. Not all certifications that use post-nominal letters are an acknowledgement of educational achievement, or an agency appointed to safeguard the public interest.
In management accounting or managerial accounting, managers use accounting information in decision-making and to assist in the management and performance of their control functions.
Certified Public Accountant (CPA) is the title of qualified accountants in numerous countries in the English-speaking world. It is generally equivalent to the title of chartered accountant in other English-speaking countries. In the United States, the CPA is a license to provide accounting services to the public. It is awarded by each of the 50 states for practice in that state. Additionally, all states except Hawaii have passed mobility laws to allow CPAs from other states to practice in their state. State licensing requirements vary, but the minimum standard requirements include passing the Uniform Certified Public Accountant Examination, 150 semester units of college education, and one year of accounting-related experience.
Certified Management Accountant (CMA) is a professional certification credential in the management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics. There are many professional bodies globally that have management accounting professional qualifications. The main bodies that offer the CMA certification are:
A financial analyst is a professional, undertaking financial analysis for external or internal clients as a core feature of the job. The role may specifically be titled securities analyst, research analyst, equity analyst, investment analyst, or ratings analyst. The job title is a broad one: in banking, and industry more generally, various other analyst-roles cover financial management and (credit) risk management, as opposed to focusing on investments and valuation; these are also discussed in this article.
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Chartered Alternative Investment Analyst (CAIA) is a professional designation offered by the CAIA Association to investment professionals who complete a course of study and pass two examinations. The "alternative investments" industry is characterized as dealing with asset classes and investments other than standard equity or fixed income products. Alternative investments can include hedge funds, private equity, real assets, commodities, and structured products.
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The School of Accounting and Finance (SAF) at University of Waterloo is a professional school within the Faculty of Arts. The School was established in 1980 under the name 'School of Accountancy'. Its name was changed in 2008 to better reflect its program offering. Today, more than 1,600 students are enrolled in the School's programs. In September 2009, a new 52,000 square feet (5,000 m2) building was officially opened to house the School.
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Certified in Financial Forensics (CFF) is a specialty credential in financial forensics issued in the United States by the American Institute of Certified Public Accountants (AICPA). In Canada, the CFF credential is granted by the Chartered Professional Accountants of Canada.
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