March 2014 CFP® Exam Update
(April 14, 2014) Recorded Webinar — The CFP® Exam: Interpreting Your Exam Results and Advice to Re-Takers
The scoring disposition of all items from the March 2014 administration of the CFP® Certification Examination has been determined. This week, the statistical analysis involved with equating the exam and calculating the cut score will be completed.
Quality assurance steps are being taken to verify the accuracy of the exam data, and statistical analysis reports are being finalized for review. Subsequently, CFP Board will receive the exam results file from Prometric.
Candidates are encouraged to review their personal contact information as reflected in their online CFP Board accounts and make any necessary updates. Please check spelling and capitalization of names.
This webinar provides information on interpreting CFP® Certification Examination results. It also includes advice to re-takers. A recording is available below.
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Held on January 9, 2014, the webinar was hosted by Steve Barkley, CAE, CFP Board's Director of Examinations, and includes:
- How to interpret your CFP® exam results
- How to understand your performance diagnostic reports, for both the Job Task Domain and Topic levels
- How the reports can guide your study plan
- Suggestions for those planning to re-take the exam
Answers to Frequently Asked Questions
Download the Presentation Slides (PPT, 937KB)
Exam Scoring Process
Exam results are posted online to examinees' secure accounts approximately five weeks after the exam dates. CFP Board does not disclose exam results over the phone or by fax.
The activities involved in the exam scoring process include:
- Collecting and reconciling exam materials (including for examinees who, due to religious requirements or disabilities, may be provided alternate exam administration dates up to a week following the standard exam dates);
- Reviewing all exam site concerns, exam item challenges and medical/emergency withdrawal requests submitted by examinees;
- Determining the scoring disposition of any exam items that are challenged;
- Preparing a statistical analysis of the exam administration;
- Determining the scoring parameters and cut score; and
- Preparing and conducting a quality control review of the exam results files.
The CFP® Certification Examination is a pass or fail exam. In addition to a pass or fail result, diagnostic feedback is also provided as part of the examination results to help identify areas of relative strength and weakness.
About the CFP® Certification Examination
The CFP® Certification Examination is designed to assess your ability to apply financial planning knowledge to real-life financial planning situations. By passing this exam, you demonstrate to the public that you are at the appropriate level of competency required to practice financial planning.
The CFP® Certification Examination is scheduled to last 10 hours over a day and a half and is held three times a year, generally on the third Friday and Saturday of March, July and November. The exam is a pencil-and-paper format and consists of one four-hour session on Friday afternoon, and two three-hour sessions on Saturday. Exam locations are available in more than 50 locations around the U.S. (The CFP® exam is transitioning to a computer-based format beginning in November 2014. Learn more.)
The CFP® Certification Examination is a pass or fail exam. Exam results are released approximately five weeks after the exam date.
You can apply for the CFP® Certification Examination when you have successfully fulfilled CFP Board's education coursework requirement.
Learn more and register for an upcoming exam