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How hard is CMT Level 2?

This is a hard exam and much harder than CMT 1. While everything you need to know for the exam is in the Text Book, there is a lot of very dry reading that you need to get through. This course unpacks what is in each chapter and provides you with the information that you need to know for the exam.

How many hours is the CMT exam?

The exam is two hours long, and consists of 132 multiple-choice questions. As of January 2019, the CMT Association has discontinued its membership requirement for CMT exam candidates. You may still choose to become an affiliate member before enrolling in the CMT Program, but it is no longer required.

How hard is the CMT exam?

The exams are very difficult, and only ~10% of the aspiring candidates who start the course become CFA charterholders. The pass rates of Level-I, Level-II, and Level-III exams conducted in June 2019 were 41%, 44%, and 56%, respectively.

How many levels are in CMT?

The CMT Program consists of three levels: Level I and Level II are entirely multiple-choice exams while Level III is short answer and multiple-choice question format.

How long does it take to study for CMT?

The CMT Association recommends 100 hours of study time for the Level 1 exam, 140 hours for Level 2, and 160 hours for Level 3.

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