How To Choose The Right F&I School
Car dealerships across the country are shaking off the pandemic and getting back to business, which means an increased need for F&I Managers and F&I Schools.
Pent up consumer spending is exploding, and people are actively shopping for new cars. Even with the nagging computer chip shortage slowing down automobile production, 2021 looks to be a very good year (and 2022 will be ever better).
So, if you have ever thought about becoming a Finance and Insurance Manager, now’s the time.
You may be asking yourself:
“But how do I start?”
“How do I choose the right F&I School?”
“Where can I get the best training?”
“Is it okay that I like pink socks?” (we kid, we kid!)
How To Pick An F&I School
There are lots of F&I training providers that are licensed as a business but not as a school. That means there’s very little oversight or accountability. They aren’t held to a higher standard, like a licensed school.
And what they teach can be suspect, outdated or unethical.
When looking for an F&I training facility, we suggest that you check to see if they’re licensed by their state as an official school. For example, “Hank’s House of Silly Faces” is not a licensed school (trust us, we checked).
Surprisingly, there are only two licensed F&I schools in the U.S.
And we’re one of them!
F&I Training Options
As previously mentioned, there are only two licensed F&I institutions as a school.
So how do the other F&I training platforms and providers operate?
F&I Trainers vs Schools vs Product Providers
Independent F&I Trainers may offer training as a supplement to their regular dealership training. These independent trainers provide a service, but are not licensed or accredited as a school.
Then there are F&I product providers, such as JM&A, that provide training as a compliment to their excellent products.
And of course, there are the licensed F&I academies. Thats where Finance Manager Training comes into play.
An F&I Diploma That Means Something
Finance Management Training (FMT) is a well-respected institution, not some fly-by-night operation.
We have an A+ grade from the Better Business Bureau, and our reputation is stellar, judging by all the positive reviews we have received from previous students.
Graduates of our program have come from nearly every state in the USA, as well as Canada.
Our dynamic online classes will get you prepared for this great paying career in as little as 30 days. (On average, F&I managers earn $132,786 per year! And because we’re a licensed BPSS institution (Bureau of Proprietary School Supervision), our certification really means something.
Access to F&I Software and more
Speaking of F&I software, FMT students get access to our custom F&I practice software. You’ll learn how to structure deals, add customers, and choose lenders. You’ll get a leg up on the competition and gain the confidence needed to nail that next interview.
After completing the course, you’ll receive your F&I Certification. The custom-engraved plaque is a nice addition to your office, and you can immediately add your certification to your resume.
Our commitment to you doesn’t end after you receive your certificate. Once your training is completed, FMT ‘s Career Development Team will network with dealerships all over the country (and Canada) and will schedule job interviews for you. That certificate you just earned will
If you choose our 30-day Rapid Course option, you can access our Training and Job Placement Assistance for LIFE. In addition, all future lessons, courses, and updates are included at no extra cost.
Not quite ready to sign up? Then we encourage you to try out our Free F&I Lessons.
To access our free F&I lessons, simply fill out our online form and we’ll send you three free lessons. These F&I lessons are really free. We won’t ask you for your credit card or any other payment information. And we won’t breathe down your neck to sign up for the entire course. Because breathing down your neck would be creepy.
The opportunities are many in the F&I world. We encourage you to do your research before making any decision.
But once you commit to us, we’ll be there for you every step of the way. Your success is our success.
We’re Finance Management Training. Licensed. Reputable. Affordable. (Unlike Hank’s House of Silly Faces.)