FMWC Sample Case #1 Warm-up with AFM
Originally published: 24/08/2020 14:49
Last version published: 23/04/2021 12:00
Publication number: ELQ-22036-4
View all versions & Certificate

FMWC Sample Case #1 Warm-up with AFM

FMWC Sample Case is an introduction to FMWC Stage Cases to get an idea of the format of the questions.

This is a Sample Case for Financial Modeling World Cup competition. The model and sample case are free to be used for Stage 1 FMWC preparation or for your AFM exam. The model covers the Body of Knowledge of FMI provided for AFM designation.

The downloadable file consists of the following:
-Task: excel file with a sample company's financials; word file with Case Description, word file with Questions.
-Solution: excel file with the full Solution model; word file with correct Answers in Bold.
-Comments: before you start drafting the case, we suggest getting acquainted with the comments to the case. It explicitly states the "tricks" and hints to solve the case in a short period of time. Sometimes, it is not only about financial modeling, but also about smart time management and resource management.

Keep in mind that the model awards only 200 points, however the whole FMWC Stage 1 Task will have 1,000 points awarded per Stage. Stage 1 will take place on Sep 18-21, 2020 and there will be three more Stages in 2020. Finals will take place in December, 2020 and winners who have the most points accumulated for 4 Stages in 2020 will share a money prize of $10,000!

To register for the Financial Modeling World Cup please visit the FMWC homepage:

The model is not meant to be a guideline or extract from the Financial Modeling World Cup. The sample case is provided only for the sake of example, to get an idea of the scale of the case and body of knowledge covered. For your questions/suggestions/consideration please reach out to Organizing Committee of Financial Modeling World Cup at

This Best Practice includes
3 files to start the Task; 2 files for Solution answers; 1 supplementary comments for case solution

Financial Modeling World Cup offers you this Best Practice for free!

download for free

Add to bookmarks


Further information

To train for FMI's AFM exam as well as provide idea of how FMWC Stage cases is going to look like

Financial Knowledge and Financial Background suggested

4.9 / 5 (15 votes)

please wait...