CMT Program

CMT Level III

June 2024 Administration: The CMT Level III exams will take place on June 6th, 2024. The registration dates and fees below apply to this upcoming June administration.
Remote proctoring will be available for all upcoming test administrations, with strict requirements. You can find more information about remote proctoring here.

June Registration Dates

Early registration: December 1, 2023 – February 19, 2024

Standard registration: February 20, 2024 – April 8, 2024

Late registration: April 9, 2024 – May 14, 2024

Registration Fees

$625

$825

$1,225

Additionals Fees

Curriculum: $275+

2024 Exam Administrations

Information

Level III tests the candidate’s ability to integrate his or her understanding of the concepts identified in Level I with the practical application learned in Level II. The exam is four hours long, and consists of a combination of short-answer essay questions and 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.

For additional information about the CMT Level III Exam, please consult the combined Exam Information and Learning Objective Statements document below for selected sample questions and a brief overview of the exam structure, as well as the Learning Objectives. This document is not meant as a study guide; rather, it is offered to acquaint you with the style and format of the exams.

CMT LEVEL III EXAM INFORMATION & LOS

Curriculum

Both the June and December 2024 CMT Exam Administrations will use the 2024 edition of the CMT Curriculum, published by UWorld in partnership with the CMT Association.
You can find more information on third-party test preparation materials by visiting our Approved CMT Program Test Prep Providers page.
You can purchase the most recent edition of the CMT Curriculum from UWorld at the link below.
PURCHASE CURRICULUM

Knowledge Domains

CMT 2024 Level III
This chart illustrates the Knowledge Domains covered by the CMT Level III exam. Click on each domain to view sub-domain topics covered in each domain area.
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Learning Objectives

A list of Learning Objectives appears at the beginning of each chapter in the text. These are intended as a guide to the most important concepts discussed in the chapter. An effective study method is to read the Learning Objectives as an introduction to a chapter before beginning study of the chapter. After completing the chapter, review the Learning Objectives again and write a few sentences that demonstrate competence on that topic.
For those interested in reviewing the most recent exam information and learning objectives before purchasing the 2024 curriculum, you can do so here:
LEVEL III EXAM INFO & LEARNING OBJECTIVES

Code of Ethics

An integral part of the CMT Association’s mission is to establish, maintain, and encourage the highest standards of professional competence and ethics among our membership. As such, CMT Association members must abide by the Code and Standards and are encouraged to notify their employer of this responsibility. Violations may result in disciplinary sanctions by the CMT Association. Sanctions can include revocation of membership and the right to use the CMT designation.

Candidates should know that all three levels of the CMT Program include questions pertaining to the Code and Standards. Below you will find a link to the Code and Standards from the CFA Institute which have been licensed by the CMT Association on behalf of its members. All references to “CFA Institute,” “members,” “candidates,” “CFA Program,” etc. in the Code and Standards should be read to apply to the CMT Association and its members, candidates, programs, etc.

When preparing for the CMT exams, candidates are encouraged to review the Standards of Practice Handbook. According to the CFA Institute, “the Standards of Practice Handbook grounds the concepts covered in the Code and Standards for practical use. You can use this handbook for guidance on how to navigate ethical dilemmas you might face in your daily professional life.” Reviewing the Handbook provides candidates with a comprehensive study process and commensurate preparation for professional practice.

Code of Ethics and Standards of Professional ConductStandard of Practice Handbook