2019 Global Rankings

The CFI Financial Modeling Competition (FinMo) is an annual global case competition that tests an analyst’s financial modeling, valuation, strategic analysis, and presentation skills. More than just Excel tricks, FinMo cases are based on real-world scenarios and focus on solving business problems.

Hundreds of contestants analyze a case study to create a valuation model for the company and present an investment recommendation (PowerPoint and video). Each submission is judged based on the quality of the financial model and presentation.

Below is the list of the top 20 ranking contestants for each year of FinMo!


Check out the 2019 Winners:

Filter By:
Photo Name Year Country University/Organization
01 Stephen Scales, FMVA® View LinkedIn 2019
United States United States
Merger & Acquisition Services, Inc.
02 Thaddeus Yeo Thaddeus Yeo View LinkedIn 2019
Singapore Singapore
Singapore Management University
03 Rafael Lemanski dos Santos Rafael Lemanski dos Santos View LinkedIn 2019
Brazil Brazil
Duff & Phelps
04 Vladislav Kabanov View LinkedIn 2019
Russia Russia
Bank Open
05 Tiago Carvalho da Silva Tiago Carvalho da Silva View LinkedIn 2019
Brazil Brazil
PetroRio S.A.
06 Justin Ho 2 Justin Ho View LinkedIn 2019
Canada Canada
Simon Fraser University
07 Zoltan Kiss, FMVA® View LinkedIn 2019
Hungary Hungary
DS Smith
08 Mary Grace Malicdem, FMVA® View LinkedIn 2019
Philippines Philippines
Financial Advisors Inc.
09 Bolortseren Boldtseren Bolortseren Boldtseren, FMVA® View LinkedIn 2019
Government of Mongolia
10 Cage Thompson View LinkedIn 2019
United States United States
Indiana University - Kelley School of Business
11 Anton Sadtler View LinkedIn 2019
Germany Germany
Frankurt School of Finance & Management
12 Ori Einbinder Ori Einbinder View LinkedIn 2019
Canada Canada
13 Shivam Satija Shivam Satija View LinkedIn 2019
University of Delhi
14 Alvin Teo Alvin Teo View LinkedIn 2019
Singapore Singapore
PricewaterhouseCoopers (PWC)
15 Steve Gao Steve Gao View LinkedIn 2019
Hong Kong Hong Kong SAR
The Chinese University of Hong Kong
16 Lukasz Sadej Lukasz Sadej View LinkedIn 2019
Poland Poland
17 Samir Asadov Samir Asadov View LinkedIn 2019
Ukraine Ukraine
Mainstream Renewable Power Ireland
18 Vineet Arimpully Vineet Arimpully View LinkedIn 2019
India India
Indian Insitute of Management, Ranchi
19 Grenoble Ecolde de Management Yoan Chauveteau, Yonathan Adam, Pratik Chandak, and Tobias R. Sturm View LinkedIn 2019
France France
Grenoble Ecole de Management
20 Andranik Voskanyan Andranik Voskanyan, FMVA® View LinkedIn 2019
Armenia Armenia
Grant Thornton
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