Ethics is a critical component of the CMT program and is tested in every exam. Candidates are required to understand and adhere to the CFA Institute Code of Ethics and Standards of Professional Conduct , which the CMT Association has adopted.
CMT® Official Curriculum - Level 1, 2 and 3 - UWorld Finance
For any candidate, the official curriculum is the definitive and authoritative source of exam content. The official curriculum is and is only accessible to candidates who register for an upcoming exam cycle. While you might find older editions (such as the 2022 or 2023 versions) from third-party publishers, it is critical to study with the most current edition , as the exam content is updated annually.
The CMT Association provides an official question bank and mock exams. Use these to gauge your readiness and familiarize yourself with the specific phrasing the examiners use.
The CMT Association recently updated the curriculum to better reflect the modern "body of knowledge". Notable shifts include:
Advanced Charting & Pattern Recognition
The CMT Association recommends dedicating of study time for Level 2 preparation.
Here are some key topics to focus on in the CMT Level 2 curriculum:
As of 2026, the curriculum emphasizes the application of technical principles, requiring a deeper understanding of market mechanics, statistical techniques, and risk management. This article provides a comprehensive overview of the , helping candidates structure their study plan effectively. What to Expect in the CMT Level 2 Curriculum
Selecting appropriate indicators and cross-asset analysis techniques.
You can access the official CMT Level II curriculum by registering for the exam cycle, which grants you access through the CMT Association. It is available in both print and digital formats.
150 items are scored, while 20 are pretest questions.
In previous years, candidates relied on physical binders or the official hardcover textbook. However, the has become the preferred medium for many modern candidates for several reasons:
It is important to note the legality and access points for this document. The CMT Association provides the curriculum electronically to registered candidates. Typically, once a candidate registers for the Level 2 exam window, they are granted access to the official e-book or PDF download via the CMT Association’s learning portal or Wiley (their publishing partner).
Evolution of technical analysis and Behavioral Finance (e.g., cognitive errors)
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