The CFA Institute introduced plans to change to computer-based testing for its Stage I examination after almost 60 years of administering paper-based testing.
Beneath the change, slated for 2021, the CFA Institute will be capable of broaden the variety of take a look at websites, present extra versatile scheduling and return candidates their examination outcomes quicker.
“The funding career operates in a digital world; providing the exams on pc would permit us to raised mannequin the duties and work expertise of funding professionals in the present day,” the CFA Institute said on its web site. “After inspecting how the CBT group has advanced during the last decade, we consider it's time to improve our examination supply effectiveness to fulfill a rising world physique of candidates around the globe. CBT may also allow us to be extra agile in making future enhancements in candidate providers and examination content material.
The trouble additionally features a digital studying platform, the Studying Ecosystem (LES), with Stage I curriculum, examine supplies and options to assist candidates observe and handle their studying on-line. The platform is now out there to Stage I candidates.
The CFA Institute is working with Prometric, a take a look at growth and supply supplier, to assist with the initiative.
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