FAQs

Frequently Asked Questions

What are the required reading resource for the CMT exams?

The official CMT Curriculum, which gets updated every year.

Is ALL the material in the required reading resource, covered in the exams?

No. Not All the material in the required readings is covered in the exams.


Each level of the CMT exam is designed to test a representative sample of the body of knowledge, but any given section of the curriculum could be drawn from for exam questions.

Where can I find sample questions for the CMT Exams?

Information about the structure of the exams and brief samplers are available for download on the CMT website on each Level I, II and III page. These are not meant as study guides; instead, they are offered to acquaint you with the style and format of the exams. These are similar to past CMT exams.

How important are the questions on Ethics?

The CMT Association has adopted the CFA Institute Code of Ethics and Standards of Professional Conduct (“Code and Standards”) as its ethics guide.  All three levels of the CMT exams include questions pertaining to ethics.  All references to “CFA Institute”, “members”, “candidates”, “CFA Program”, etc. in the Code and Standards should be read to apply to CMT Association and its members, candidates, programs, etc.

When preparing for the CMT exams, candidates are encouraged to review the Standards of Practice Handbook (“Handbook”).  According to the CFA Institute “The Standards of Practice Handbook grounds the concepts covered in the Code and Standards for practical use. You can use this handbook for guidance on how to navigate ethical dilemmas you might face in your daily professional life.” Reviewing the Handbook provides a more comprehensive study process and preparation for professional practice.

Are candidates required to memorize ALL formulas contained in the required readings?

Candidates are not required to memorize the formulas for the technical analysis indicators in the reading. For these, candidates should understand the critical price and volume inputs for each formula, the core of the calculation and how similar indicators differ based on these factors. However, there may be questions that will require the candidate to have a working knowledge of other types of formulas such as those related to volatility, risk and performance metrics. Of course, the style and difficulty of any question will vary with the level of the exam.

What other sources of information should candidates reference to better understand the exam material?

Questions on the CMT exams are derived solely from the official curriculum for that calendar year.
At KK, we make sure you dwell deeper into concepts introduced in the curriculum & have a better understanding of the same. We offer the best of the resources for ALL Levels of CMT exam preparation.

Does CMT Association offer any investment management or investment advisory services?

CMT Association is a credentialing and advocacy body. They do not offer investment management or investment advisory services of any kind.

What are the eligibility requirements to register for the CMT Program?

There are no formal requirements to sit for the CMT Exams, although they generally recommend that candidates have a university degree and experience working in the financial markets using technical analysis before attempting the exams.

Please note that the CMT Association complies with The Office of Foreign Assets Control (OFAC) Policy, and is unable to work with individuals who live in countries subject to certain sanctions. For more information, please see visit the OFAC Compliance page. https://cmtassociation.org/association/ofac-compliance-policy/

When is the exam held?

The CMT Exams are given twice a year, in June and December. The dates for the next exam administration appear on each individual test level page.

How do I enroll in the CMT Program?

As of January 2019, the CMT Association has discontinued its membership requirement for CMT candidates. You may still choose to become an affiliate member before enrolling in the CMT Program, but it is no longer required. 


However, member pricing for the exams differs from nonmember pricing. To enroll in the CMT program, visit the CMT Level 1 page. You’ll see one prominent button, which is the link to register for the exam. Click the link to register, create a candidate MyCMT login, and register for your exam with that login. Once that is complete, you can pay for your exam through MyCMT, buy the curriculum, and schedule with Prometric.

Where is the CMT exam held?

The CMT exam is administered globally at Prometric testing centers (their test administration partner). You will find the exam center nearest to you at the Prometric website once you complete your enrollment in the CMT Program. 

https://www.prometric.com/find-your-exam

You may also opt to take your exam remotely with Prometric’s ProProctor application. Before scheduling your remote exam, please take the time to thoroughly review the requirements on Remote Proctoring page.

We, at KK, suggest our students to give a centre-based exams only, due to all the possible technical glitches & hassles one may face in the online/home proctor exam.

Where is the Prometric test center nearest me?

Test centers are available around the world. Visit the Prometric website to enter your address information and view a list of available test center locations near you.


https://www.prometric.com/

Can I change the test center I was assigned to?

Yes, you may change your selected test center through Prometric by following the prompts to reschedule your exam. You may change your test location up to five days before the exam date. Please be aware that Prometric will charge a $25 administrative fee for any changes made 30 days before the start of the exams.

Can I take multiple exams at once?

No. Candidates can take only one exam per administration.

How many times are candidates allowed to take the exam?

There is no limit on the number of attempts candidates may take to pass each level of the CMT exams.


How long does a candidate have to successfully complete the CMT Program?

Once a candidate has enrolled in the CMT Program, there is no imposed time limit to pass the three levels of examination. However, given the annual updates and revisions to the curriculum, candidates are encouraged to complete the CMT Program in consecutive administrations, expediting their pursuit of the CMT designation.

What is the CMT Association's “No Show” Policy?

If you do not arrive at your scheduled exam date/time/test center location, the examination fee is forfeited. There are no refunds or transfers. If you are unable to take the exam because you did not schedule your exam at Prometric in a timely manner, the fee will be forfeited.

Can I defer my exam?

No. Deferment is not an option.

Can I reschedule my exam within the current administration?

Yes, you can reschedule your exam through Prometric. You may reschedule your exam before the registration deadline at no cost. There will be a $25 rescheduling fee to Prometric for all adjustments made after the close of standard registration.

Can I cancel my exam? Can I get a refund?

Candidates who register during the early and standard registration period may request a cancellation of their exam and will be eligible for a full refund within two weeks of payment. Candidates registering during the late registration deadline may request a cancellation of their exam and will be eligible for a refund minus the test center administration fees within two days of payment. You must provide a confirmation of your cancellation from Prometric to receive your refund. If you registered during late registration and seek to cancel more than two days after payment, you are not eligible for a refund.

How much time are candidates given to complete each exam?

Level I – 2 hours

Level II – 4 hours

Level III – 4 hours

What is the length and format of the exams?

Level I – 132 multiple choice questions (Only 120 are scored, 12 are for piloting new questions)

Level II – 170 multiple choice questions (Only 150 are scored, 20 are for piloting new questions)

Level III – Essay and multiple choice questions totalling 240 points. Candidates should use the point allocation of each question as guidance for time management.

What is the composition of each exam?

Level I – primarily definition & recognition – This exam measures basic, entry-level competence and understanding of technical analysis. The Level I candidate needs to have a working knowledge of the basic tools of a technical analyst.

Level II – primarily application & analysis – This exam requires the candidate to demonstrate a greater depth of analysis and use of technical tools. The Level II candidate is expected to demonstrate proficiency in applying more advanced analytical techniques and technical analysis theory.

Level III – primarily integration & synthesis – This exam tests the candidate on the development of logical and consistent research opinions, portfolio strategies and trading decisions based on a wide range of charts and technical data. The Level III candidate is asked to analyze case studies, make recommendations and justify those recommendations based on the data provided.

Are all exam items scored?

No. Pretest questions are unscored and serve the purpose of expanding the CMT question bank. There are 12 pretest items in the Level I exam and 20 pretest items in the Level II exam. They evaluate new questions psychometrically and statistically to ensure the relevance, validity, and appropriateness of each question to its respective level of the CMT exam. All items are scored at Level III.

What is the CMT Association Veterans Reimbursement Policy?

The CMT exams have been approved for reimbursement of test fees for veterans and other eligible persons in accordance with the Division of Veterans’ Affairs policy. For information on how to submit reimbursements after your examination, please visit www.gibill.com.

Does the CMT Association offer prep courses for the CMT Exams?

The CMT Association does not offer prep courses individually.

Are there recommended minimum hours for study to prepare for the exams?

The CMT Curriculum & Test Committee recommends the following minimum study hours for each level of the CMT exam. These estimates are based on a college education and a background working in the financial markets:

CMT Exam Level I : 80 to 120 hours

CMT Exam Level II : 100 to 140 hours

CMT Exam Level III : 120 to 160 hours

Recommended study time differs from person to person based on experience with the subject, time working in the field, and prior knowledge of technical analysis. However, these are rigorous exams testing a broad body of knowledge. All candidates, regardless of work experience, must allocate appropriate time to prepare the material.

When should I arrive at the test center?

Plan to arrive 30 minutes before the scheduled appointment to allow for check-in procedures. If you are late in arriving, you will not be allowed to test and will forfeit your exam fee. At certain Prometric test center locations, you will need to pay for parking, including cash only parking lots.

Are there specific security procedures to follow at the testing center?

For US Test Centers Only: Prometric takes our role of providing a secure test environment seriously. During the check-in process, we inspect any and all eyeglasses, jewelry and other accessories to look for camera devices that could be used to capture exam content. You will be required to remove your eyeglasses for close visual inspection. These inspections will take a few seconds and will be done at check-in and again upon return from breaks before you enter the testing room to ensure you do not violate any security protocol. Jewelry outside of wedding and engagement rings is prohibited. Please do not wear other jewelry to the test center. Hair accessories, ties and bowties are subject to inspection. Please refrain from using ornate clips, combs, barrettes, headbands, tie clips, cuff links and other hair accessories as you may be prohibited from wearing them into the testing room and asked to store them in your locker. Violation of security protocol may result in the confiscation of prohibited devices and termination of your exam.

The CMT Level I Exam does not have a scheduled break. You may take an unscheduled break but be aware that the countdown for your exam will continue while on your break.

CMT Level II & III each now have a scheduled break of 10 minutes. During the scheduled break, candidates will not be able to go back to Part I of the exam; during additional unscheduled breaks, the countdown of the exam will continue. Each time you leave the test room you must sign-out. During your exam break you cannot access your locker or leave the building. Upon return from a break, you must go through all security checks, present valid ID, and sign-in again. If you need to take medication during the exam, please contact the CMT Association at admin@cmtassociation.org before scheduling your exam. For additional information regarding Prometric’s Test Center Regulations, please click here.

Can I take the CMT exam with testing accommodations under the Americans with Disabilities Act (ADA)?

If you have a special need or require any accommodations, please contact the CMT Association after you register for your exam. Candidates must contact the CMT Association at least fifty (50) days prior to your test date to request special testing arrangements. The CMT Association does not limit testing accommodations only to those who are US citizens or who reside in the US.
FAQS

About Course

Who should take this Course?

All those who have registered for CMT exams, want to learn things inside CMT’s curriculum & want to learn technical analysis should take up these course.

How many days will it take to prepare for one level?

We conduct a 3 months course for each level, & that is how long it takes for preparing for these exams.

Do we have live classes?

Yes, all the sessions are conduct live. Recordings of the live sessions will also be provided.

How do I register?

(Registration or payment link on website)

When do I have to pay?

You are required to pay before the course commences. 

My payment did not go through. What do I do?

Try again in case there is no debit from your bank account. In case its debited and you have not received any confirmation, contact support at KK Academy

Can I get a refund if I am unable to attend my Online Course?

No, because we maintain a ‘No Refund Policy’

What are your Terms and Conditions?

https://www.yubha.com/terms-conditions

Will I be refunded if I don’t pass the level?

No, please checkout our T&C section . However, if you don't pass teh level, you can attend the upcoming batch free of cost. To know more, contact the mentor. 

How long is my course?

The course lasts for 3 months for every level

Do I need specific equipment to take Online Courses?

Not really, but it is advisable to attend the sessions on PC rather than via mobile because there will be visual illustrations. Use earphones & make sure you are sitting in a disturbance-free space. 

What should I do if I’m away for a few days?

Not to worry, if you miss out on certain live sessions, all the recordings will be available on your dashboard. But we strongly recommend attending the live session for a better learning experience & creating an immersive environment for all

What if I am facing doubts?

After every live lecture we will have time allocated for Q&As. Other than that if you still have doubts & queries, you can feel free to post on the online group, where all your concerns will be addressed.
;