Content of CIFA Exams
The 6-part online CIFA Certification Exam covers the following 6 papers:
Each Exam consists of 150 multiple-choice questions. All six tests must be completed within a one-year period from the time the first test is taken. An 80% minimum score is required to pass.
Failed tests may be retaken at any time after repurchasing the test. Study materials including the six textbooks, the CIFA exam prep manual and CIFA online exam prep course are the available resources for preparing for the CIFA Exam.
A Certificate of Completion will be emailed to you. After the successful completion of all six tests, application for CIFA membership in the IICFA can be made.
Once a test is purchased online, you will be emailed instructions for accessing the testing center along with a username and password for that test. You may start the test at your leisure after signing in to our testing center. However, once you have begun your test, it must be completed within the 180 minute time limit. When your test is complete, you will receive your results immediately. Your results will automatically be emailed to the IICFA as well. The CIFA Exam is offered at fixed intervals throughout the year. Thus, March, June, September and December respectively.