Financial Modeling Academy โ€” African Resident Scholarship
November 2026 Cohort ยท Registration Open ยท Only 2 cohorts a year Enroll Now
Financial Modeling Academy โ€” African Resident Scholarship

Get the AFM Designation from the Financial Modeling Institute โ€” for $399, not $2,871.

An 8-week live financial modeling program, two skills primers, exam prep, and the FMI certification exam itself โ€” bundled into one scholarship fee for African Residents (excluding South Africa).

Enroll Now โ€” November 2026 Cohort
Only 2 cohorts run per year.
๐Ÿ›ก๏ธ Backed by a 21-day money-back guarantee
1

Confirm you're an African Resident (excluding South Africa).

2

Click Enroll Now below.

3

Fill the form and choose your payment plan.

Is this for you?

This scholarship is for African Residents (excluding South Africa) who fit one of these:

Breaking Into Finance

Skilled elsewhere, but you want to actually understand how businesses make financial decisions.

The Aspiring Model Builder

Already in finance or accounting, but scenario- and driver-based modeling isn't second nature yet.

The Freelance Pro

You want the AFM designation to justify higher rates and win more modeling engagements.

The Strategic Decision-Maker

You review models as a manager or exec and want to actually audit the assumptions, not just trust them.

Eligibility: African Residents (excluding South Africa), with or without a professional body membership. Not a resident? Check the Student route or the Non-African Resident route instead.

What you get โ€” and what it actually costs

Save 86%
  • 8-week Financial Modeling Academy course$1,200
  • FMI Level 1 Exam โ€” AFM Designation$725
  • AFM Exam Step-by-Step Prep Guide$199
  • Excel Fundamentals for Analysts (primer)$199
  • Fundamentals of Financial Modeling (primer)$99
  • Community access + mock exams (1 year)$149
  • 6 weeks of live Q&A sessions$300
Total value$2,871
$2,871
$399
or โ‚ฆ496,210 ยท or 3 monthly installments of $133
Enroll Now

By the end of the program, you'll be able to...

  • Build a full 3-statement integrated model from scratch, to professional standard.
  • Normalize/restructure real audited financial statements into model-ready drivers.
  • Run scenario, sensitivity, and CVP analysis with confidence.
  • Build debt schedules, cash sweeps, and a DCF valuation module.
  • Build in audit checks that catch your own errors before anyone else does.
  • Pass the FMI's Advanced Financial Modeler (AFM) exam.

Curriculum, at a glance

Primers
Excel Fundamentals for Analysts + Fundamentals of Financial Modeling
Module 1
Model structure & framework
Module 2
Restructuring historical P&L
Module 3
Restructuring the balance sheet
Module 4
Financial drivers & assumptions
Module 5
Model computation mechanics
Module 6
Finalizing, valuation & analysis

Full lesson-by-lesson breakdown โ†’ Download the Brochure (PDF)

What past scholars say

โ˜…โ˜…โ˜…โ˜…โ˜…

"The FMA scholarship gave me hands-on financial modeling training and the chance to write the AFM exam. An amazing opportunity โ€” I'd recommend it to anyone building their modeling skills."

Lukman Bello, AFM
Investment Banking Analyst, Coronation Merchant Bank
โ˜…โ˜…โ˜…โ˜…โ˜…

"I'd worked with financial models before but wasn't equipped to build one from scratch. Right after the exam I built two models on my own โ€” worth every hour and every dollar."

Jibola Oyedele, AFM
Corporate & Investment Analyst, Rand Merchant Bank
โ˜…โ˜…โ˜…โ˜…โ˜…

"Clear explanations of the fundamentals, a strong step-by-step exam guide, and real practical sessions building real-life models."

Samuel George, ACA, AFM
Finance Manager, CyberSOC Africa

See more testimonials โ†’

21-Day Guarantee

Try the first two modules risk-free

Within the first 21 days you'll have both primer courses and the first two modules. If you've done the work and don't feel it's paying off, tell us โ€” full refund.

Frequently asked questions

Who's eligible?

African Residents (excluding South Africa) โ€” with or without a professional body membership.

What's included in the $399 fee?

Everything in the value stack above, including the FMI exam fee itself โ€” there's no separate exam cost.

Can I pay in installments?

Yes โ€” a 3-month dollar installment plan is available ($133/month).

Can my employer pay instead of me?

Yes โ€” email us for an invoice with your organization's details.

How is AFM different from FMVA?

AFM requires you to build a full model from scratch in a timed, proctored exam. FMVA is largely multiple-choice. AFM tests whether you can actually do the work.

How long do I have access to materials?

One year from the program start date.

How many cohorts run per year?

Two โ€” May and November.

What if the exchange rate moves between now and payment?

The listed Naira rate includes a buffer for exchange-rate fluctuation so you won't be caught out mid-payment.

See the full FAQ โ†’

Two cohorts a year. Registration for November 2026 is open now.

Get world-class financial modeling training and the AFM Designation โ€” for $399.

Enroll Now