Frequently Asked Questions
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What is the CFA test?
The Chartered Financial Analyst (CFA) program is a professional certification offered internationally by the America based CFA Institute (formerly the Association for Investment Management and Research, or AIMR) to investment and financial professionals.
CFA Program includes a series of three exams: Levels I, II, and III. Each level of the curriculum builds on the prior level and becomes increasingly complex.
- The Level I exam consists of 180 multiple choice questions, split between two 135-minute sessions (session times are approximate). There is an optional break between sessions.
- The CFA Level II exam consists of 22 item sets comprised of vignettes with 88 accompanying multiple-choice questions. The Level II exam will be 4 hours and 24 minutes, split into two equal sessions of 2 hours and 12 minutes, with an optional break in-between.
- The Level III exam consists of item sets and constructed response (essay) sets. Both of these question types are comprised of vignettes with accompanying multiple-choice items for item sets and constructed response items for essay sets. The Level III exam will be 4 hours and 24 minutes, split into two equal sessions of 2 hours and 12 minutes, with an optional break in-between.
Questions on the same topic
- Admission Ticket
- Valid identification documents used in registration
- An approved calculator by College Board with a functional battery
- Snacks and water
- Ballpoint pen, pencil, and eraser
- Mechanical watch
- Laptop, tablet, mouse, and battery charger (if applicable)
The SSAT test is a standardized test used by admission officers to assess the abilities of students seeking to enroll in an independent school in the United States. The SSAT test measures the basic verbal, math, and reading skills students need for successful performance in independent schools.
The SSAT test is administered by the Enrollment Management Association (EMA), a nonprofit organization that provides professional support, advocacy, and smart, strategic enrollment tools to the enrollment offices of more than 1300 independent schools.
- Elementary Level SSAT – For children currently in 3rd and 4th grades who are applying for admission to 4th and 5th grades.
- Middle Level SSAT – For children currently in grades 5 - 7 who seek admission to grades 6 through 8..
- Upper Level SSAT – For children currently in grades 8 - 11 who are applying for admission to grades 9 through PG (Post Graduate).
On the test day, candidates are required to arrive at the test location at least 30 minutes before the check-in time. They should bring their Admission Ticket and a valid ID (ID card/Citizen ID card/Passport) to complete the exam entry procedures.
Candidates are permitted to take the exam twice per calendar year (when applicable), but not in consecutive windows or windows that are six months or less apart.
