Finally, a Financial Modeling Course Built for Undergraduates.

Learn the skills you need to succeed in investment banking, private equity, and other competitive fields in finance.

Financial Modeling Certification

(FMC®) Program

*Discounted price for undergraduate students

Hear From Our FMC Program Graduates

Getting certified as an underclassman will improve your chances of landing a top job in finance.

Of students that earned their FMC Level II Certification by the end of their sophomore year, over half have secured jobs in investment banking, with the other half securing jobs in equity research, commercial banking, private equity and other top industries.

INVESTMENT BANKING

56%

EQUITY RESEARCH

9%

COMMERCIAL BANKING

7%

PRIVATE EQUITY

4%

INVESTMENT MANAGEMENT

4%

SALES AND TRADING

3%

CORPORATE FINANCE

3%

CAPITAL MARKETS

2%

CREDIT RESEARCH

2%

MANAGEMENT CONSULTING

2%
+
Enrollments
+
Certifications Earned
+
Universities

Course Highlights

Who Should Enroll?

While many who enroll in the FMC Program are freshmen and sophomores who are seeking to differentiate themselves while networking and interviewing for internships, many juniors and seniors also find the program valuable.

This program benefits individuals of all educational backgrounds and skillsets. Our FMC program builds accounting and financing acumen that sets students apart when they enter the competitive job market.

What Sets Adventis Apart?

â‹…â‹…â‹…â‹…â‹…â‹…â‹…â‹…â‹…â‹…â‹…

orange-icon-1
TRULY STAND OUT AMOUNG YOUR PEERS

Be a top candidate in interviews for competitive finance internships & positions by becoming certified

orange-icon-2
FEEDBACK ON MODELING SKILLS

We provide extensive feedback so you can improve your skills to take our rigorous exams

orange-icon-4
TECHNICAL INTERVIEW PREP

The certification process requires you to internalize concepts, rather than just memorizing them

orange-icon-3
FAST TRACK YOUR SKILLSET MASTERY

Learn to build financial models entirely from scratch with our step-by-step guide

orange-icon-6
ABSORB CORE CONCEPTS

Your next accounting or finance course will be a breeze after you become certified

orange-icon-7
LOW TIME COMMITMENT

You only need as little as 20 hours to commit to our fast, effective, and affordable program

Looking to break into high finance?

The hundreds of individuals Adventis certifies each year are in very good company. Adventis-certified individuals are currently represented at hundreds of firms throughout the country (see below for a sampling of the more notable firms). Earning your certification won’t guarantee an interview, but it will help to move your resume closer to the top of the pile.

What You’ll Learn

Excel Formatting Techniques and Keystroke Efficiency

  • Build the skills that enable you to efficiently move through the rest of the program
  • Learn to use the mouse less and the keyboard more
  • Learn key formatting techniques that will make your financial models easy to follow

Three Statement Model

  • Build a 3-statement, fully circular, and properly formatted financial model of an airline company from scratch
  • Build supporting schedules for working capital, PP&E, dividends, share repurchases, debt, and interest expense
  • Learn how investment banking, corporate FP&A, equity research, and other analyst positions use assumptions-driven financial models to support management in making informed decisions and communicating to stakeholders

Public Comparables Analysis

  • Perform a public comparables analysis in the airline space to see where the airline company trades relative to its peers and determine where it should be trading
  • Develop an understanding of how to choose the right comp set for the airline by looking at factors like size, expected growth, and margins
  • Calculate and discuss commonly used multiples such as EV/EBITDA, EV/Sales, and P/E

Precedent Comparables Analysis

  • Perform a precedent comparables analysis for the airline space to see where previous airlines have been bought
  • Discuss how an investment bank would use precedent transactions to determine the appropriate sell price for this airline
  • Develop the knowledge necessary to compare recently sold companies using multiples like EV/EBITDA and EV/Sales in order to extrapolate how the market would value a similar company today

Discounted Cash Flow Analysis

  • Perform a Discounted Cash Flow (DCF) analysis to determine the intrinsic value of the airline
  • Determine the weighted average cost of capital (WACC) for the airline company
  • Learn the practicality behind EBIT, unlevered free cash flows, projection periods and terminal values in finding a valuation range for a business

Valuation “Football Field”

  • Build a comparison of public comparables, precedent comparables, and the discounted cash flow analysis to triangulate a value for the airline company
  • Learn how an equity research analyst determines whether to issue a buy, hold, or sell opinion
  • Learn how an investment bank determines the value range of a company

Leveraged Buyout Analysis

  • Learn the fundamental analysis used by private equity firms
  • Build a leveraged buyout (LBO) analysis from scratch and learn about capital structures, modeling pro-forma financials and calculating return and credit metrics

Certification Requirements

TO EARN

FMC Level I Certification

STUDENTS MUST

  • Build an industry-leading, three-statement financial model from scratch in less than 90 minutes with minimal formatting and formula errors
  • Score at least 90% on a 30-question multiple-choice exam focused on key financial modeling, accounting and corporate finance concepts

TO EARN

FMC Level II Certification

STUDENTS MUST

  • Earn FMC Level I Certification
  • Score at least 90% on a 25-question multiple-choice exam focused on key valuation and leveraged buyout concepts