About the CMT® Exam Your Guide to Becoming a Chartered Market Technician

The CMT Level I exam tests introductory concepts and terminology in technical analysis. The exam has 132 multiple-choice questions, of which 120 are scored and the remaining 12 are under trial for use in future exams. The first exam focuses on basic terminology and the analytical tools and concepts used in technical analysis, explains the CMT Association.

The CMT charter is a globally recognized designation for finance professionals focused on investment management, portfolio management, and risk management. Achieving the CMT designation is a significant and fulfilling accomplishment. The expertise acquired through the CMT program positions charterholders as highly valuable professionals, capable of enhancing market analysis, investment strategies, and risk management within any organization.

CMT Exam Results

Becoming chartered – a certified market technician – helps prove you can deliver to investment managers seeking advice. As mentioned above, after you register for the exam and receive confirmation of your registration, you can then schedule your exam appointment(s) with Prometric, the CMT Association’s global testing partner. We recommend registering during the Early Registration period with the CMT Association and then scheduling your exam with Prometric shortly after for lower fees and best testing center availability. To sit for the Level I CMT exam, a university degree is recommended but not required.

The CFTe II is a paper and pencil exam that is offered in English, French, Italian, German, Spanish, Arabic, and Chinese, bi-annually, typically in April and October. Additional fees may apply to candidates requesting the exam in a non-English language. In preparation for the exam, candidates should use this Syllabus and Study Guide. The CFTe I exams are currently offered in English, German, Spanish, Arabic, French and Chinese.

While not cmt salary in india all of the material in the readings is covered in the exams, all questions are drawn from the curriculum. Candidates are not required to memorize all the formulas for the technical analysis indicators. These roles require varying levels of experience, making the CMT credential a great option for professionals of any level. Many CMTs work for investment banks, brokerage firms, hedge funds, and pension fund management organizations.

A certified market technician’s job is to analyze investments and make predictions about future performance, according to the SmartAsset website. A chartered market technician (CMT) studies the intrinsic value of different investments, looks for patterns in price movements and identifies the effect on market psychology. CMTs also understand risk management and how the data they’ve gathered affects risk.

1. Among industry practitioners and financial institutions worldwide, the CMT designation is considered the global gold standard in technical analysis expertise and proficiency.
2. Its practitioners attempt to understand and benefit from market behavior through a disciplined study of price and volume movements and the law of supply and demand.
3. CFA Institute and the CMT Association are partners in delivering the Stackable Credential program.
4. However, pass rates may vary by one to three percentage points, as questions are reviewed for accuracy and comprehensibility.
5. Before sitting for the CMT exam, the CMT Association recommends that candidates have some work experience using technical analysis in the financial markets.

What is the Chartered Market Technician (CMT) Program?

Cambridge Mobile Telematics (CMT) is the world’s largest telematics service provider. Auto insurers, automakers, commercial mobility companies, and the public sector use insights from CMT’s platform to power risk assessment, safety, claims, and driver improvement programs. Headquartered in Cambridge, MA, with offices in Budapest, Chennai, Seattle, Tokyo, and Zagreb, CMT measures and protects tens of millions of drivers across the world every day. The Level III CMT exam includes both short answer essay questions and multiple-choice questions.

Passing the CMT Exam

1. It is also recommended that you become an Affiliate Member of the CMT Association to get access to sponsors who can help with the charterholder process.
2. To sit for the Level I CMT exam, a university degree is recommended but not required.
3. In addition, candidates must become members of the CMT Association and achieve at least three years of work experience before receiving their designation.
4. From there, in preparation for the CMT Level II exam, candidates begin to concentrate more on theory and analysis.

This means candidates may sit for Level I while completing their bachelor’s degree(s). Among industry practitioners and financial institutions worldwide, the CMT designation is considered the global gold standard in technical analysis expertise and proficiency. Some became independent traders, while many work for stock exchanges, hedge funds, firms, and brokerages that cover many different markets.

The CMT Exams

The Level I test candidate needs to have a working knowledge of the essential tools of a technical analyst. The CMT Level III exam tests the candidate’s ability to integrate concepts and tools into the application of technical analysis. The exam is organized into groups that require candidates to combine two or more areas of knowledge. The Level III exam is graded by a group of CMT charterholders and subject matter experts. Each exam is graded by at least two charterholders independently to ensure objectivity. The Association does not release numerical scores for any level of the CMT exam, as a passing score one year may not be a passing score the next.

While pass rates are not public knowledge, the exam is challenging and requires significant preparation to succeed. The best way to ensure you pass is by studying with a trusted review provider with comprehensive CMT courses. Results are delivered in Pass/Fail format, meaning candidates do not receive their numerical scores. In other words, you will only know if you’ve passed or failed your exam—not your total score. Results are released approximately eight weeks from the conclusion of the exam window.

Having a clear understanding of the exam timing for each level allows you to pace yourself appropriately and avoid running out of time on the CMT exam. Many people attempt to condense their studying into much tighter timelines, which can sometimes lead to stress and last-minute cramming. So it’s best to find CMT prep materials that can help with study scheduling, exam-level practice, and engaging lessons, like UWorld CMT Exam Review. Rescheduling outside of the prescribed registration period or changing your Prometric Testing Center location incurs a $25 fee. Rescheduling your exam within the active registration period may be done at no cost. Each exam window typically lasts for 15 days per Levels I and II, and a single day per Level III.