Exam Policies

CFA UK works closely with employers, industry specialists and other stakeholders in the development and ongoing review of the CFA UK qualifications. This ensures the validity of all syllabus content and assessment material.

Assessments are created and reviewed via an ongoing process of psychometric analysis. Assessments are constructed using questions that meet both test specification and reliability standards. Psychometric analysis (statistical analysis of exam performance) ensure that all examinations are of a comparable level of difficulty.

CFA UK is committed to minimising the occurrence of bias in our assessments. Published policies, such as Reasonable Adjustments and Special Considerations, explain how CFA UK will deal with such applications.

Feedback from candidates and training providers is regularly reviewed to ensure the manageability of our assessments and to ensure that they remain fit for purpose.

Alternative ID Policy

This policy describes the arrangements made for candidates who are unable to provide the correct forms of ID.

Assessment Queries and Appeals Policy 

This policy relates to feedback or queries about the validity of individual questions in a test or the grade awarded, and the process for appealing.

Assessment Query Form

Customer service statement

This policy details CFA UK's commitment to all candidates.

Candidates Complaints Policy

This policy describes how to make a complaint if you are unhappy with the service received from CFA UK.

Calculator Policy

This policy relates to the onscreen calculator, which is provided in CFA UK exams where calculations are assessed.

Equality Policy

This policy details the society’s commitment to ensuring that all candidates receive equality of opportunity and appropriate access to qualifications and assessments

Inappropriate Candidate Behaviour Policy (malpractice)

This policy relates to inappropriate candidate behaviour before, during and after an exam.

Invoicing Policy

This policy provides information about CFA UK invoices for qualifications.