Frequently Asked Questions (FAQ)

 

What is the CFI Financial Modeling Competition?

The CFI FMCC is an online case competition that will test your financial modeling, valuation, problem-solving, critical thinking and communication skills. You will receive a case document which will provide information about a particular business, and your task is to value the business and present your rationale. 

 

What are the prizes?

Winners will be awarded USD $10,000 as follows:

  • 1st place = USD $7,000
  • 2nd place = USD $2000
  • 3rd place = USD $1,000

 

Who can compete in the competition?

This competition is open to anyone and everyone.

 

Where does the competition take place?

This competition takes place 100% online, and all communication will happen digitally.

 

Is this an individual or team competition?

University students can compete in groups of maximum 5 or individually. All other entrants must enter individually.

 

What will the case be about?

You will be put in the shoes of a private equity firm receiving a CIM about a private business that is up for sale. Your task is to value the business and provide a rationale for whether or not you would invest in it. For more information on what we are looking for, please refer to the grading rubric in the official rules.

 

Who are the judges?

Submissions will be judged by Tim Vipond (CEO at Corporate Finance Institute) and David Phillips (Partner at Yellow Point Equity).

 

When is the registration deadline?

The registration deadline is 00:01 UTC (12:01 am) on Friday, November 2, 2018. Late entrants will not be considered for the competition.

 

How much does the competition cost?

Please refer to the registration page.

 

What are the deliverables?

There are three deliverables that we will assess:

  1. Excel Model – that values the business and contains any other financial information you wish to include
  2. PowerPoint Presentation – summary and recommendations to the private equity firm
  3. Video or Screen Recording – that walks us through your Excel model and explains your methodology using the PowerPoint presentation to support your recommendation

 

Refer to the “Deliverables” section of the Competition Rules for more information.

 

How do I make my submission?

All submissions must be made on this website (financialmodeling.org) from your user account and dashboard. There is an area where you can upload your submission before the deadline.

 

How much time do I have to work through the case?

Contestants have 1 week to complete the competition. This includes the time required to read the case, conduct your analysis and prepare your deliverables. The case will be released at 00:01 UTC (12:01 am) on Saturday, November 3, 2018, and will be due at 23:59 UTC on Saturday, November 10, 2018. Late submissions will not be accepted.

 

How will the winner be determined?

The winners of the CFI Financial Modeling Case Competition will be determined by the panel of judges according to the Scoring Rubric,

 

Still have more questions?

Feel free to contact us if you still have more questions!