We explore when finite epistemic models are definable up to simulation or bisimulation, either over the basic multi-agent epistemic language L or over its extension L-C with common knowledge operators. Our main results are the following: (1) Bisimulation to finite epistemic states (i.e. pointed models) is not definable in L. (2) Global bisimulation to finite epistemic models is definable using model validity in L. (3) Simulation by finite epistemic states is not always definable, even over L-C. (4) We identify a class of epistemic models called well-multifounded for which simulation to finite epistemic states is definable over L. The first two results contrasts with that of van Benthem that finite epistemic states are definable up to b...