The CMT Association, formerly the Market Technicians Association (MTA) is an internationally recognized nonprofit organization providing services in the financial industry for more than 50 years. The CMT Association has a wide network of more than 4,500 members in over 85 countries worldwide.
The Chartered Market Technician (CMT) is a professional designation which is ideal for practitioners of technical analysis. Earning CMT certification will provide you with a wide knowledge of investment risk and portfolio management. It will help you master technical analysis of the financial markets. In addition, you will join an exclusive community of investment professionals in which you will have a greater chance to work for big money management firms.
The Chartered Market Technician certification covers the following knowledge domains:
- Quantitative Financial Research & Trading
- Risk Management: Mastering tools for measuring performance
- Applied Behavioral Finance: Extending theory into practice
- Portfolio management: Making decisions about important issues such as investment mix and asset allocation, or balancing risk against performance.
According to the CMT Association website, there are no eligibility requirements to take the required exams. However, it is better to have a university degree and experience working in the financial markets using technical analysis.
CMT Designation Requirements
To earn this designation, you are required to pass three exams in addition to completing the application for Member Status.
The Official CMT Curriculum for 2018 is available through Wiley.
To enroll in the CMT program, you should do the following:
- join the CMT Association as an affiliate member
- enroll in the CMT Program
- pay for your exam through MyCMT and schedule with Prometric.
The Chartered Market Technician Exams Details
|What does it test?||Basic, entry-level competence and understanding of technical analysis.||Proficiency in advanced analytical techniques and technical analysis theory.||The development of logical and consistent research opinions, portfolio strategies and trading decisions|
|Duration||2 hours||4 hours||4 hours|
|Questions||132 multiple choice questions||170 multiple choice questions||Essay and multiple choice questions (240 points)|
Exam Location: Prometric testing centers
CMT Exam Cost
The fees vary by exam level and by date of registration.