Financial Modeling World Cup

• Financial Modeling World Cup
• Microsoft Excel World Championship
• Microsoft Excel Collegiate Challenge

  Financial Modeling World Cup (FMWC)

Description, competition format, and scoring

• Task: Correctly solving questions on each case
• Time: Completing the stage early

Format changes

• 2020: The first of four FMWC stages started in September 2020. All stages contributed to the final standings.
• 2021: The stage count increased to twelve. The bottom two stages for each competitor were dropped from the final standings.
• 2022: The stage count decreased to eight. Case authors could not score a higher time bonus than any other player. Stage score normalization was introduced. The prize for top company was eliminated.
• 2023: For each stage, case authors may not score more points than the best player playing full-time.
• 2024: Case authors write cases for an entire stage and are automatically awarded 1,000 points for that stage. They can create cases for no more than 1 stage and are ineligible for prize money in the stage where their cases are used.
• 2025: The FMWC Championship Ring is no longer awarded to the Financial Modeling World Cup Champion.

  Competition statistics

Results

Rank	Name	Nation	Age Group	1	2	3	4	Total	Prize
	Joseph Lau	Australiasilver2 Microsoft Excel World Championship (MEWC) 2021 The MEWC began in 2021 as the FMWC Open, an Excel Esports tournament. The competition was a standalone event that did not impact the Financial Modeling World Cup rankings in regular seasons. The tournament began with a qualification round, with the top 128 qualifiers advancing to a single elimination tournament. Qualification rounds began on November 13, and continued into December. The last three rounds of the FMWC Open competition were held on December 11, 2021, and were broadcast on the FMWC YouTube channel and ESPN3. Andrew Ngai, Anup Agarwal, and Michael Jarman returned as quarterfinals qualifiers, and Harry Gross from the UK, Jason Moore from the US, Joseph Palisoc from the US, Sameer Jagetia from the US, and Tim Roberts from the UK also qualified. The final round, entitled "Knights and Warriors", had contestants, each representing a fictional nation, send fictional warriors to conquer each other. Ngai defeated Jarman 734–280, with a maximum of 1,000 points per side. 2022 The FMWC Open was rebranded as the Microsoft Excel World Championship. Like its predecessor, it also consisted of a qualification round and the top 128 qualifiers advancing to a single elimination tournament. Qualification results (Top 50) In total, 377 people took part and 128 qualified for the final round. The best ranked participants of the FMWC rankings were prequalified. Rank Name Total points Time 1 Bracket 2023 The MEWC continued in 2023 with a modified format, the Qualification round was split into nine events, called "Road to Las Vegas" and one Qualification Round. However the 128 final-participants will still be competing in a 1v1 grid. The final of the top 8 will be hosted in Las Vegas. Qualification results (Top 50) In total, 377 people took part and 128 qualified for the final round. The best ranked participants of the FMWC ranking, were prequalified. Rank Name Total points Time 1 Bracket The 2023 edition had a different format for the last three rounds. The knockout format was used for the first four rounds. The eight participants that won their Round of 16 match qualified for the in-person Finals in Las Vegas, where 8 more players would join them in a last-chance qualification round. Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7 Section 8 2024 The structure for the 2024 Microsoft Excel World Championship was revamped in several areas, including for the qualification round. The number of players in the main event remained at 128. Qualification for the MEWC was as follows: 50 players, 5 in each of the 10 Excel Esports Battes. One player would qualify from the YouTube livestream, while four others would qualify from online participation. 16 players from the Financial Modeling World Cup. 60 players from the MEWC online qualification round. 2 wildcards. Qualification results The following participants qualified for the event: Qualification method Player Score Time Excel Esports Battle I "Doggie Daycare" January 25 efn|name=live|Qualified via livestream Main draw (morning session) The 128 players in the main draw bracket were divided into 8 groups of 16, with three of those groups playing at 8:00 AM BST to accommodate players from the Asia Pacific region. The remaining five groups played at 5:00 PM BST. The main draw brackets were only played for four rounds, with the final eight competitors automatically qualified for the in-person semi-finals at Las Vegas. The other 24 of the top 32 qualified to play in the game day competition one day before the finals. Main draw (afternoon session) Last chance qualification The 2024 Microsoft Excel World Championship introduced the Last Chance Qualification Round. The LCQR was open to anyone who did not advance to the Last 32 round at an additional cost. Entry for this event was also included for attendees of the concurrent The Active Cell event held in Las Vegas. The top 40 participants at this event who had not already qualified for the Game Day competition would join the 24 qualifiers from the main draw brackets for the Game Day competitions held one day before the live finals. The last 32 from the main draw bracket were also permitted to play, but as they had already qualified for the Game Day competition or live semi-finals, they would not take the 40 qualification spots from those not yet qualified. The case for the Last Chance Qualification Round was called "Axel the Elf's Christmas Catastrophe!" Player Score Time Game day competition The game day competitions consisted of two rounds played by all 64 competitors who qualified either from the main draw bracket or the Last Chance Qualification Round. The scores from the two rounds were added together, and the top 16 participants would then move on to the live semi-finals. Player Case 1 "IsometriChaos" Case 2 "Lana Goes Ice Skating" Combined Score Live finals In front of 400 spectators, Michael Jarman unseated three-time champion Andrew Ngai in December 2024 in Las Vegas. Ngai was described as the Kobe Bryant of Excel, by contrast to Diarmuid Early, who was compared to LeBron James. 2025 The field size for the 2025 Microsoft Excel World Championship increased significantly, with spaces allowed for 256 competitors in the main draw. This includes qualified spots for: 90 places: 10 players in each of 9 monthly Road to Las Vegas battles. For each battle, this includes: * 1 place for the best livestreamed player, * 7 places for the best non-livestreamed players, * 1 place for the best U-25 non-livestreamed player, and * 1 place for the best 50+ non-livestreamed player. 16 places for the top-16 ranked Financial Modeling World Cup competitors, and 150 places for qualifiers who qualify through the qualification round held on September 27. In addition, the organizers have implemented a seeding system, based on players' rankings in the Road to Las Vegas events. The top 5 rankings of the participants will be considered in the rankings, and the top 32 ranked players will be seeded in the main draw. Diarmuid Early was named champion of the 2025 competition after beating 23 other players in the finals. Early won a themed championship belt and in prize money. RTLV Round Player Score Time Qualification method Excel Esports Battle I "We're Not In Kansas Anymore" January 23 Microsoft Excel Collegiate Challenge (MECC) Other events FMWC also holds other events. Some events have granted automatic qualification to the MEWC playoff rounds. Some events are livestreamed and can be viewed by the public. These events include : Date Event name Winner Nation Case name 8 June 2021 888 Battle Michael Jarman Canada