Standards of Practice Exam
The self-administered Ethics Exam for members and non-members tests ethical awareness.
This online self-test consists of multiple-choice questions based on information contained in the 10th edition of the Standards of Practice Handbook.
Who Should Take the Exam?
How to Get the Exam ...
- Individuals who have not passed Level I of the CFA Program who are required to take the Ethics Exam:
- By a member society, for application
- To be eligible for regular membership (along with four years of acceptable professional work experience in the investment decision-making process)
- Anyone − students, young professionals, prospective employees − who has been asked to test for understanding of the Code of Ethics and Standards of Professional Conduct
To meet membership requirements: If you are required to take the exam, you will be prompted to complete the exam when you activate your membership. The notification will contain links to the Standards of Practice Handbook.
To voluntarily self-test your understanding: Log in to take the exam. (New users will need to set up a login account.)
To get continuing education credit: Members who want automatic continuing education (CE) credit can complete the voluntary exam after reading the Standards of Practice Handbook. Credit for successfully completing the exam will be automatically populated in your CE Diary.
The exam is graded electronically. You will receive your score immediately. Once you have passed the exam, you will be able to complete the membership activation process.
Need more information? Contact us