CERTIFIED FINANCIAL MODELER & AI (CFM)
Develop financial models. Value companies. Use AI intelligently. Substantiate decisions.
The CERTIFIED FINANCIAL MODELER & AI (CFM) program
The Certified Financial Modeler & AI is a part-time online programme in financial modeling and artificial intelligence. In Excel you build an integrated business plan (three-statement model), value a company using DCF and multiples, and derive an offer price in the football field.
You use generative AI such as ChatGPT, Claude or Microsoft Copilot as an independent reviewer – with Python in Excel and without any programming skills.
- Financial Modeling & AI
- Integrated business planning to Financial Modeling Standards
- Company valuation using DCF and multiples
- M&A: football field and price recommendation
- AI validation and AI governance
experience
of our programs
Financial Modeling book
The Certified Financial Modeler Program
Experience the world of financial modeling! Our Certified Financial Modeler program offers you the opportunity to elevate your financial modeling skills to a new level through digital financial education and practice-oriented case studies. With more than 15 years of experience in digital financial education, we show you how to build models efficiently and transparently that you can apply directly in your daily work.
How you use AI in the course
Excel first, then AI
You solve every task yourself. The AI recalculates independently – model validation with a human in the loop.
Python without a programming course
The AI writes and runs the code, you check the result.
Traceable
With an AI logbook and audit trail you document your work as it is done in M&A and audit practice.
Your toolkit
In your personal AI playbook you collect tested prompts (prompt engineering) for your working life.
AI governance
Confidentiality, insider law and the EU AI Act – this is how you build AI literacy.
Free information materials on the Certified Financial Modeler program
Apply today for the Certified Financial Modeler program and take the next step in your career!
Benefits of the Certified Financial Modeler Certificate
Completion in approx. 4 months – time-independent, location-independent, can be started at any time.
Personal support from experienced professors and access to a strong network.
Content based on the renowned textbook “Financial Modeling” – complemented by coordinated instructional videos.
Work on real case studies: P, balance sheet, DCF, scenario analyses, company valuation, and much more.
No written exam: learning controls with personal feedback and an online model defense.
Excel/Microsoft 365, Python in Excel and generative AI.
High advancement opportunities in finance, controlling, and management roles.
Access to exclusive alumni and expert networks.
Officially accredited within the framework of the HfWU system accreditation.
The course can be started at any time.
Curriculum
„Integrated business planning“
Take the data from the annual report, build the model structure to Financial Modeling Standards and plan the P&L.
Plan the balance sheet, the plug, the cash flow statement and the cash flow reconciliation.
Sensitivity and scenario analysis, model documentation.
„Company valuation and M&A“
Beta factor, cost of capital (WACC), DCF valuation using the WACC, APV and equity approaches.
Peer group, trading and transaction multiples.
Football field, interpretation of the valuation results and price recommendation.
JOACHIM HÄCKER
1 Certificate
2 further graduation options
Certified
Financial
Modeler
Certified Financial Modeler
Integrated business planning to Financial Modeling Standards
Company valuation using DCF and multiples
M&A: football field and price recommendation
AI validation and AI governance
MBA
Applied
Quantitative
Finance
MBA
Applied
Quantitative
Finance
Together with the Certified Financial Engineer it leads to the full MBA degree.
Certified
Financial
Engineer
Certified Financial Engineer
- Data Analytics in Quantitative Finance
- Venture Capital and Innovation Finance
- Risk Management
- Current Methods in Corporate Finance
- Derivatives
Our holistic concept is the result of over 20 years of experience in the field of quantitative finance. Become part of the next generation of quants.
The certificate program is designed so that you can complete it alongside your professional work. This allows you to apply what you have learned directly in professional practice.
Our participants are personally supervised by our team of professors. You benefit from many years of experience and an enormously large professional network.
The modules cover central finance topics. You create a business plan with integrated P, balance sheet, and cash flow planning, a company valuation with DCF, multiples, sensitivity and scenario analyses, as well as corporate financing.
The content is based on the renowned textbook "Financial Modeling," which is widely recognized in the financial world. Additionally, there are customized instructional videos and extensive supplementary materials.
You create models and defend them. No written exams or rote memorization required.
Access to an exclusive network of finance experts and alumni that offers valuable contacts and exchange opportunities.
Information Options
An initial overview of the content, structure, and organization of the Certified Financial Modeler program:
In the info video, the professors concisely present the main features of the Certified Financial Modeler program.
Information on Admission, Registration & Participation Fees
The participation fees for the Certified Financial Modeler & AI (CFM) are made up as follows:
(net € 3,357.14)
(net € 1,256.30)
(net € 836.13, VAT included € 158.87)
An EIQF scholarship can be applied for.
The course fee includes the examination fees, the course book as an e-book and access to extensive learning materials. There are no further costs.
Basic knowledge of finance and Excel. Programming skills are not required. You need Excel 2021 or Microsoft 365 (desktop version).
You can register at any time. The course comprises around 105 hours – at 5 to 6 hours per week, about four months.
The financial world is undergoing a fundamental transformation. Artificial Intelligence, data analytics, automation, and digital financial models are changing processes, analyses, and decision-making structures in companies, banks, insurance firms, and consultancies.
There is a demand for employees who understand finance, master quantitative methods, and can use modern AI tools effectively. The key is not just an affinity for technology, but the ability to analyze data, develop models, critically assess AI results, and translate them into sound financial decisions.
The certificate is aimed at…
Career starters
…, who want to improve their career prospects through in-depth knowledge of AI.
Bank employees and financial service providers
…, who want to expand their AI competence in creating and analyzing complex financial models to unlock better professional opportunities.
Corporate finance, M&A and private equity
…, who want to prepare company valuations and transactions more efficiently and more transparently with AI.
Auditors, tax consultants, and management consultants
… who want to expand and optimize their consulting services through specialized skills in the field of AI.
Managers and executives
…, who want to base financial decisions on AI-validated financial models and improve their strategic skills.
IT professionals
…, who want to specialize in financial models and apply their technical skills in the field of AI-based financial modeling.
Controlling, FP&A and strategy departments
…, who want to strengthen their analytical skills and offer their clients sound AI financial models and analyses.
With 10 modules, one might expect them to be taught by 10 different professors. However, behind the 10 modules are exactly 2 professors who have created this teaching content over the last 20 years in the form of consecutive publications. Using interconnected modules, you will learn how the individual elements of financial modeling, financial engineering, and data analytics are related.
What is the Certified Financial Modeler & AI (CFM)?
A part-time online certificate course run by the European Institute of Quantitative Finance (EIQF). You learn to build integrated financial models in Excel, to value companies and to use AI in a controlled way in financial modeling.
What content does the programme cover?
Integrated P&L, balance sheet and cash flow planning, company valuation using DCF and multiples, football field and price recommendation in the M&A process, AI-supported model validation and AI governance.
Who is the programme suitable for?
For specialists and managers from corporate finance, M&A, controlling and FP&A, banks, private equity, auditing and consulting, and for career starters who want to combine financial modeling and AI.
How long does the programme take?
Around 105 hours. At 5 to 6 hours per week you complete the course in about four months. You can start at any time and study independently of time and place.
How do I register?
Via the “Apply now” button. For a free consultation write to joachim.haecker@eiqf.de.
Do I need programming skills?
No. The AI writes and runs the code. You learn to check the results and reconcile them with your Excel model.
Which AI tools do I use?
Generative AI tools with code execution, for example ChatGPT, Claude or Microsoft Copilot. You receive an up-to-date list of approved tools in the EIQF MyCampus.
How does the examination work?
After each section you submit your model as a learning control and receive feedback; it is graded as passed or not passed. To finish, you review, correct and defend an unfamiliar financial model in the Final Challenge – online under video supervision.
Does the course support building AI literacy under the EU AI Act?
Yes. The EU AI Act requires companies to ensure that staff who use AI have sufficient AI literacy. The course supports you in this – with a dedicated module on confidentiality, insider law and data protection when using AI.
What makes the course different from an Excel course?
You learn not only Excel, but financial modeling to professional standards, company valuation in an M&A context and the controlled use of AI to review your models.
What makes the course different from an Excel course?
You learn not only Excel, but financial modeling to professional standards, company valuation in an M&A context and the controlled use of AI to review your models.
What makes the course different from an Excel course?
You learn not only Excel, but financial modeling to professional standards, company valuation in an M&A context and the controlled use of AI to review your models.
What makes the course different from an Excel course?
You learn not only Excel, but financial modeling to professional standards, company valuation in an M&A context and the controlled use of AI to review your models.
Apply today for the Certified Financial Modeler program and take the next step in your career!
