Professional Financial Modeler

Certification for Financial Modeling Professionals
Professional Financial Modeler

Certification for Financial Modeling Professionals

Certification Scheme - Professional Financial Modeler

Certification Scheme

PFM General Requirements

  1. Candidate needs to have interest and attention in financial modeling or involved in a professional engagement or to process, develop, use or make decision based on financial modeling.
  2. Candidate must have at least Bachelor Degree or in final years of taking undergraduate program or equivalent program to apply for PFM certification.
  3. Candidate who does not have bachelor degree or not taking undergraduate program is eligible to obtain PFM Designation if the participant at minimum has acquired 2 years of working experience.
  4. Candidate who does not have bachelor degree and currently takes undergraduate program may participate in the certification process to obtain PFM Designation and if he/she passes the PFM examination, his/her PFM designation will be awarded after the Candidate has graduated. Candidate must provide evidence on the graduation.
  5. Candidate must possess basic knowledge and understanding in regards with common accounting and finance practices.
  6. Candidate can operate computer based spreadsheet programs such as Excel, Open Office or similar spreadsheet software.
  7. For taking examination in certain test centers, candidate is required to bring computer / laptop with active Computer based spreadsheet program such as Excel, Open Office or similar spreadsheet software and make sure it is free from computer virus and/or another malicious software / program.
  8. Candidate may attend the PFM Preparatory Training / Program delivered by IFMI LTP to enhance knowledge and obtain better understanding on PFM Curriculum. Candidate may choose to sit in directly in PFM Examination without attending preparatory programs
  9. Candidate only can obtain PFM designation after passing all examination modules.

PFM Candidate Requirements

  1. Provide accurate and updated membership profiles and submit required documents
  2. Uphold the integrity, transparency and accountability in professional conduct and refrain from conducting illegal, fraudulent activities or anything that may purposively cause harm and/or loss to others
  3. Uphold and maintain the integrity, transparency and accountability of PFM Examination
  4. When attending PFM Examination, a candidate needs to ensure that the candidate has made proper preparation for taking the examination.

PFM Certified Person Requirements

  1. Provide accurate and updated membership profiles and submit required documents periodically as required
  2. Uphold the integrity, transparency and accountability in professional conduct and refrain from conducting illegal, fraudulent activities or anything that may purposively cause harm and/or loss to others
  3. Comply with the mandatory Recertification program every three years by obtaining Continuous Competencies Initiatives (CCI) credits
  4. Pay certification maintenance fee as required

Taking PFM Examination

  • For New Candidate


Note: a candidate can take PFM Examination with or without taking any preparation program conducted by training providers.

Retake Examination

  • For candidate who fails on any PFM Examination Modules


Note: IFMI makes no guarantee that candidate who has attended Retake Examination that the candidate will pass the Examination.

PFM Examination Postponement

  • Procedure to Postpone PFM Examination


Note: This procedure applies when a candidate decides to postpone examination due to any personal reason. The Candidate is obliged to pay postponement of USD 100.

Examination Result Appeal

  • If a candidate feels that he/she has been treated unfairly


Note: If a candidate reasonably believes that he/she has been treated unfairly during examination process or has received results non in line with the Candidate objective expectation, the candidate may submit Examination Result Appeal by paying Appeal Fee of USD 100.

Complaint Submission


Note: Candidate or member may have issues in regards with PFM program, the conduct of IFMI personnel or any other issues. Candidate can submit complaint to IFMI.

Withdrawal of PFM Designation


Note: Due to personal reason, member or his/her request may request for withdrawal of membership due to personal reasons. Withdrawal of membership must follow the procedure. After withdrawal member cannot request for reactivation. Members with withdrawn membership is no longer need to recertify or paying fees

Reactivation of PFM Certification


Note: Reactivation is a process to re-activate a certified person whose membership is suspended or whose membership is withdrawn voluntarily.

Recertification of Cerified Person


Note: PFM Recertification is obtained through the fulfilment of IFMI Continuous Competencies Initiatives (CCI). Certified Person will be suspended upon failing to get recertified.

Copyright International Financial Modeling Institute © 2018. All Right Reserved.
Copyright International Financial Modeling Institute © 2018. All Right Reserved.