Chartered Market Technician is a renowned certification program managed by the Market Technician Association (MTA), USA. This is a globally recognized certification program for Chartered Accountants that not only lets them gain the better capability to do the technical analysis but also enhances their salary by many folds. In the article, we will be talking about CMT certification in detail and will help you know whether you should consider doing it after your bachelor’s degree or not. Also, we will be talking about the career opportunities that you can avail after completing the certification. So, whether you are a graduate with Finance or accountancy, or working as a chartered Assistant, this article will e extremely beneficial for you to know about the certification.
Chartered Market Technician (CMT) Course Overview
CMT is a three-level certification course, where the first two levels contain multiple choice questions, whereas the third section/level has descriptive questions. Having a CMT certification can help you enhance the technical analysis capabilities that will help you availing a better job profile in your finance or accountancy field. The course lets the students enhance the technical analysis that makes them eligible to work independently as technical analysis or work for a firm to enhance their financial conditions.
In all, the CMT is an extremely important certification program for the students and professionals associated with the finance industry. If you have done with your graduation and are looking forward to a certification that can help you get the best career opportunity regardless of the place where you belong to, CMT is going to be the right move for your career.
CMT Course: Eligibility and other requirements
Before moving further, let us discuss the eligibility criteria for CMT certification. So, officially, there is no minimum eligibility for qualification. However, we will suggest you to apply for the certification only after your graduation and after going through the syllabus and study material. The certification is valid for five years but if you aren’t well prepared for the field, then having the certification won’t help you much. So, be patient, gain enough knowledge about the industry, and go through the available course study material and stuff available online. Once you are prepared well with the exam pattern and the subjects in the certification, you can apply for the certification online and crack the exam with the best possible ranking.
CMT Course: Syllabus
As said earlier, the CMT certification is a three level exam. For all the levels, you will need different study materials and stuff. Some of the core subjects that are covered in these levels/categories of the certification are listed here. Have a look at these subjects and find the most efficient and reliable course material for the certification.
- Introduction to Technical Analysis
- Types of charts
- Chart pattern analysis
- Measuring market’s strength
- Money Management
- Market trends
- Open interest and pricing
- Mathematics concepts
- Establishing price targets
Along with these, there are several other concepts that you need to prepare for clearing the CMT certification. So, be sure to contact a reliable training center or the self-study material for CMR that can help you know more about the detailed subjects involved in the certification and help you prepare for them like a pro.
The MTA suggests the students to complete 100 hours of study for the level 1 exam, 140 hours for the level 2 exam, and 160 hours for the third level. So, the course needs time to study, and you shouldn’t hurry in taking the exam.
Chartered Market Technician (CMT) Course: Study materials
For study material, you can either go for a study center for CMT in your city or if there aren’t too popular MCT training centers in your city, the best way to arrange the stuff is to join the online communities.
We will suggest that even if you are enrolling in a local training center for clearing the MCT certification, you should consider finding the online study material for the certification. This will help you know more about the course, tips, and tricks that can help you achieve better marks along with getting the mock tests that are perfectly designed according to the latest exam standards.
Additionally, there are numerous online institutes that offer extremely cheap and reliable course material for CMT. Additionally, you can share your thoughts and clear the doubts online by enrolling in the online training institutes for CMT preparation. The choice is yours, make sure to go with the most reliable one to crack the exam with a good score.
If you are looking for a local training institute, we will suggest you to go with a reliable institute that has a good reputation among the institute and provides all the facilities that can help you get a better score.
Apart from the study material provided by the institute, you can also look for the mock tests and doubt solving sessions for the course you are preparing for. This way, you can get great value for your money and appear in the exam with utmost confidence.
Chartered Market Technician (CMT) Course: Fee Structure
The fee structure of CMT, like any other online certification program, depends heavily on the numerous third-party factors that you opt for learning about the course. These factors are the training center’s fee, study material you are referring and buying online. So, be sure to keep this in mind and choose the most affordable way to learn about the course.
The fee that is fixed is for the certificate application and level examinations. Here are the complete details for the fee structure for CMT certification.
- Level 1: $500
- Level 2: $450
- Level 3: $450
So, if you are willing to have a career boost and are ready to pay this steep pricing, the CMT course can be a career booster for you. Try the exams one after another and get the perfect career opportunities both in India and abroad. The fee may change when you plan to appear in the exam, so, be sure to check from the official website before planning ahead.
Chartered Market Technician (CMT) Course: Career Opportunities
After completing your CMT certification, you can earn a good amount by heading to different job profiles. Whether you are looking for a job in India or abroad, CMT certification has a great reputation among finance firms and economists. So, this certification along with your graduate degree can help you earn a great salary along with respect in the field. In case you are still confused about whether you should opt for the CMT certification or not, here are the job profiles that you can opt for after the certification.
- Research Analyst
- Portfolio Managers
- Finance Professionals
- Asset allocators
- Finance professionals
There are numerous other job profiles that you can work for after clearing the exam. In all, the CMT certification can easily create a range of job portfolios that can fit in. Additionally, you can work with a top-notch finance firm to get a heavy amount of salary. So, if you are looking for knowledge or after a good salary, CMT certification can do this for you.
Chartered Market Technician (CMT) Course: Should you opt for it?
Whether you are after greater job opportunities or looking to move abroad with a solid foundation that can help you get better job opportunities to survive, CMT certification can be a worthy deal to make. After getting the certification, you can either work independently as a trader to earn limitlessly or work with a finance firm to get a heavy salary for doing the market analysis for them The certification along with your base degree can help you achieve a good reputation in public and earn a good amount as a salary. With time, you can gain experience and look for other ways to earn money.
In other words, the CMT certificate can be extremely beneficial to finance students and professionals who belong to the accounting or finance world. This way, if you look for the CMT certification, the certification will help you choose a better job and opportunities in the future.
So, this was the complete information that you are going to need to know about the CMT certification. You can go with the best online training institute for knowing about the course structure and exam pattern for CMT. With better preparation, you won’t find it tough to crack the exam. In all, if you are after a certificate course that can enhance your technical analysis skills and help you earn better, CMT is a great certification course to opt for. Keep the points listed in the article in mind and decide wisely whether you should opt for the certification or not. The certification offers a great opportunity for the finance persons, and if you are after better career opportunities, this certification won’t disappoint you at all.
Rahul Kumar is a passionate educator, writer, and subject matter expert in the field of education and professional development. As an author on CoursesXpert, Rahul Kumar’s articles cover a wide range of topics, from various courses, educational and career guidance.