FMWC Battle
Originally published: 23/04/2021 12:01
Publication number: ELQ-60768-1
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FMWC Battle "Knowledge is Power"

During the FMWC Battle, two financial modeling professionals competed live to solve the "Knowledge is Power" case

This is an FMWC Battle case that was solved live by two financial modeling professionals - Diarmuid Early and Joseph Lau. The "Knowledge is Power" model and case are free to be used for FMWC preparation. The case is about revenue modeling for an online school, taking into consideration inflation, pricing structure, user count, FX rates and other aspects. No topic-specific knowledge is required to successfully solve the case. The case was prepared with support from our sponsors at AG Capital. You can see the recording of the FMWC Battle here:

The downloadable file consists of the following:
-Task: excel file with the Case Assumptions; PDF file with Case Description; PDF file with Questions.
-Solution: excel file with the full Solution model; PDF file with correct Answers in Bold.

Keep in mind that this case was not part of the FMWC competition, but it can be used as a reasonable reference to what types of tasks can be expected to be solved by the competition participants. Season 2020 has a $20,000 prize fund with monthly prize money payouts to the best-performing participants.

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

For your questions/suggestions/consideration please reach out to the Organizing Committee of the Financial Modeling World Cup at

This Best Practice includes
3 files to start the Task; 2 files for Solution answers

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Further information

To provide an example of how the FMWC Stage case could look like.

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