Professional Financial Modeler

Certification for Financial Modeling Professionals
Professional Financial Modeler

Certification for Financial Modeling Professionals

Certification Scheme - Professional Financial Modeler
Certification Scheme

  1. Candidate needs to have interest and attention in financial modeling or involved in a professional engagement or to process, develop, use or make a 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. A candidate who does not have a bachelor degree or not taking an undergraduate program is eligible to obtain PFM Designation if the participant at a minimum has acquired 2 years of working experience.
  4. A candidate who does not have a 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 to 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 the examination in certain test centers, the candidate is required to bring computer / laptop with active Computer-based spreadsheet programs 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. The candidate may attend the PFM Preparatory Training / Program delivered by IFMI LTP to enhance knowledge and obtain a better understanding of PFM Curriculum. The 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.

  1. Provide accurate and updated account 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 the PFM Examination, a candidate needs to ensure that the candidate has made proper preparation for taking the examination

  1. Provide accurate and updated account 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
  4. The Certificate belongs to IFMI, and the Certified Person must return the Certificate to IFMI when requested

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

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

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.

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

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 a certified person with the withdrawn certificate is no longer need to recertify or paying fees.

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

Note: PFM Recertification is obtained through the Mandatory Recertification Process and Optional Recertification Process (only when requested by IFMI) every three years. Certified Person who is not able to complete the recertification within the allotted time will have his/her Certificate Suspended and can not enjoy the benefit as PFM Certified Person including not allowed to use the PFM Designation. Certified Person can learn about Recertification based on provided information on the PFM website library.

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