The FAST Standard advocates a philosophy of good financial model design rules founded on the acronym FAST: flexible, appropriate, structured, and transparent. The Standard developed from the experience of industry practitioners who learned simple techniques to replace overly-clever ‘good ideas’ that proved bad in practice over time. It documents a skilled craft that is functional within the realities of the business environment.
Model design and modeling techniques must allow models to be adapted easily and quickly when new information becomes available
Models must reflect key business assumptions directly and faithfully without being over-built or cluttered with unnecessary detail
Rigorous consistency in layout and organization is essential to retain a model’s logical integrity over time, particularly as a model’s author may change
Our modeling approach is founded on simple, clear calculations that can be understood by other modelers and non-modelers alike.
How Fi-Mech Works
Learn from the pioneers of The FAST modeling standard which is now used by thousands of modelers across the globe as a ’shared language’ for modelling.
Practice what you've learned through building the model with the instructor, drills, and quizzes. This style of practicing will allow you to retain information you've learned so you can apply it to your own future projects.
You'll earn badges and certificates as you journey through our library of courses. These badges are an indicator of what skills you currently possess and are viewable by anyone
The Financial Modeling Skills You'll Learn
The fast, easy, and affordable way to build your skills
You will learn the core modeling techniques and design principles articulated by the FAST Modeling Standard.
How to project financial statements for a simple business, combining the core elements of FAST Modeling Skills with basic double-entry accounting principles.
Fundamental principles of DCF valuation, NPV and IRR calculations, including principles of valuation by parts and inter-relationships between pre-tax and after-tax analysis.
How to apply general business and non-recourse finance theory to forecast cash flows associated with ‘green-field’ projects and special-purpose project companies.
Global Organizations Trust FAST Financial Modeling
9 Out of the Top 10
Global investment funds, project developers, construction companies, oil majors, leading mining companies, and major utilities.
6 Out of the Top 8
“FAST is also becoming a pull in the market. You need to have it because the clients demand it"