Published November 24, 2015 by Michael Levi
A common question we often get from students is: how should I schedule when to write the Challenge Exams? This is an important question and involves a number of considerations.
There are 5 times the Challenge Exams are written during the year: March, July, Sept., Nov. and Dec. In March and July, all 4 exams are given, in Sept. and Dec., in Sept. and Dec. Core 2, tax and assurance are given and in Nov. Core 1 is given.
So, how do I decide when to write? Well, I would work backwards. Start with when you want to write the CFE - let's say Sept. 2017. That means you have to be finished your Challenge Exams by March 2017 (have to pass all 4 by then so you can go to Capstone 1 in May). Also remember you have 2 shots at each Challenge exam and if unsuccessful, you are forced to take the Module. So I would back it up to at least September 2016, when I would start writing and spread them out over Sept., Nov., Dec. and March, which uses 4 of the 5 exam sittings.
That way I don't have to be so worried that I can't write 2 exams in one day and I have ample opportunity to pass all 4 exams while giving myself a few shots at each exam, in case I need it (hopefully not!) and get to the CFE in September.