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Frequently Asked Questions About the CMT Program

Body of Knowledge

  1. What are the required readings for the CMT exams?
  2. Where can I find sample questions for the CMT Exams?
  3. What other sources of information should candidates refer to in order to better understand the exam material?
  4. How important are the questions on the MTA Code of Ethics?
  5. Is ALL of the material in the required readings covered in the exams?
  6. Are candidates required to memorize ALL formulas contained in the required readings?

 


 Body of Knowledge

Q. What are the required readings for the CMT exams?

The books and chapters required for successful completion of the CMT Program are listed below. Many of the books are similar across all levels.

Level I
Level II
Level III

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Q. Where can I find sample questions for the CMT Exams?

A collection of sample exam questions identical in form and substance to those on the live CMT exam are available to aide your study in the CMT Program. These exact questions will not be included in the actual exams.

Level I (Set A)
Level I (Set B)
Level I (Set C)
Level II

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Q. What other sources of information should candidates refer to in order to better understand the exam material?

Questions on the CMT exams are taken solely from the books on the required reading list. There are many sources of additional information, books, websites, videos, etc. that might help to provide a better understanding of a topic, but for preparation purposes always defer to the recommended reading list.

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Q. How important are the questions on the MTA Code of Ethics?

The MTA Code of Ethics is tested on all levels of the exam. In addition, candidates on Level III are required to achieve a minimum passing score of 70% on the Ethics section. This means that candidates must receive passing scores on the other sections of Level III and attain a passing score of at least 70% on the Ethics questions in order to pass. Candidates that do not attain a score of at least 70% on the Ethics questions will not pass the exam and will be required to sit for the entire exam again. Level III candidates should place an increased emphasis on the study of the MTA Code of Ethics.

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Q. Is ALL of the material in the required readings covered in the exams?

No. Not ALL of 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.

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

Candidates should understand the formulas used to construct the most widely used technical indicators. You are required to know, understand, and apply statistical formulas on the exam.

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Registration is Open!

CMT FAQs - Table of Contents

Registration & Fees
Body of Knowledge
Format of the Exam
Preparation and Training
Day of the Exam
Grading
General

If you have additional questions about the CMT Program and cannot find your answer in these FAQs, please contact the MTA staff for assistance.


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