Education
New CFA Exam to Shave Down Excruciating Wait for Test Results
The CFA Institute plans to administer the first level of its exam electronically starting in 2021 — a move that will shorten the suspense for candidates who’ve poured hundreds of hours into studying.
The change after almost 60 years of paper testing allows the institute to offer a wider selection of venues and more flexible scheduling while expediting the announcement of results, it said Monday in a statement.
“This is a natural evolution in how we design and deliver our programs,” Paul Smith, chief executive officer of the Charlottesville, Virginia-based CFA Institute, said in the statement.
CFA candidates must pass a three-level exam in a process that usually takes several years to complete. Successful test-takers spend an average of more than 300 hours preparing for each stage, parts of which are administered in June or December, and then wait weeks or months to learn whether they passed.
“Results will be delivered sooner,” the institute wrote in a Q&A accompanying its announcement that didn’t specify how much faster. “At this time, we’re only focused on delivering computer-based testing for Level I.”
The institute has made other changes in recent years to update its certification and processes. They include plans to add questions on financial technology topics such as artificial intelligence, robo-advisory and methods for analyzing big data. It already offers an online study platform to help candidates.
-
Uncategorized2 months ago
Oman Oil Marketing Company partners with Ihsaan Association to support its activities
-
Alamaliktistaad Magazines4 weeks ago
Al-iktisaad, October 24
-
OER Magazines4 weeks ago
Signature, October 24
-
Commodities2 months ago
Gold Rangebound as Investors Brace for Key US Economic Data
-
Banking & Finance2 months ago
Apple Pay Officially Launched in Oman
-
Oil & Gas2 months ago
OQEP Appoints United Securities as Liquidity Provider Ahead of Landmark MSX Listing
-
Magazines3 weeks ago
OER, October 24
-
Lifestyle2 months ago
Royal Opera House Muscat Welcomes First Shows of its 2024/25 Season
You must be logged in to post a comment Login