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Leavey Executive Center, Santa Clara University

CEPI's rigorous multi-exam process ensures that designees have a deep, comprehensive understanding of the discipline and its related disciplines. Exams are offered twice a year—in May and November.

To register for an exam and access study materials, please create an account or log into CEPI Connect.

Exam Schedule

Exam Schedule November 2024 Exams May 2025 Exams
ECA Exam Registration Begins July 3, 2024 November 13, 2024
Level II & III Exam Registration Begins August 7, 2024 January 31, 2025
Registration Deadline for All Exams October 10, 2024 April 7, 2025
Deferral Fee Increases October 23, 2024 April 27, 2025
Final Deferral Deadline November 17, 2024 May 18, 2025
Exam Testing Dates November 9 - 16, 2024 May 10 - 17, 2025

Requirements

There are no formal requirements for the program, but we recommend 1, 2 and 3 years of equity compensation experience for the ECA Exam, and CEPI Levels II and III respectively.

Study Materials

Study Materials for the exams include a study packet and several reference materials. All the materials are PDFs, and will be available to all who register for the exam through CEPI Connect. The course itself is entirely self-study, and all studying is done in the comfort of your own home, using our provided syllabi to guide your studies. All materials are included in the registration fee - no additional materials need to be purchased. Reference textbooks are also included with the cost of registration and will be available in digital format.

Course reviews are often offered by industry organizations such as those listed below. Although the CEP Institute makes this information available to candidates, we do not endorse educational programs. The candidate must determine whether the program is suitable for his/her needs. 

Please note that all sample exams and sample questions are developed independently by the individual educational service providers, not the CEPI.

Program Fees

All program fee payments must be received by the exam enrollment deadline in order for exam registration to be fully processed. For additional questions about payment, review the CEPI Handbook or contact cepi@scu.edu.

Scholarships are available for individuals looking to pursue the ECA and/or the CEP designation.  Learn more about the Marilyn J. Perkins Claassen Memorial Scholarship Program.

Registration Type

Fee Per Exam

(within contiguous US)

Fee Per Exam

(outside contiguous US)

Exam Enrollment $1895 $1899
Successful Student* $1695 $1699
Retest    
If new test year is within one calendar year of original test year $450 $499
If new test year is more than one calendar year from original test year $600 $699

*There is a $200 discount for candidates who pass and register for the next available exam.

Deferral Fees Fee (within contiguous US) Fee (outside contiguous US)
Deferred Before Deadline $350 $399
Deferred After Deadline $450 $499

Candidates are permitted to defer an exam registration twice. Additional deferrals will incur a full exam registration fee.

A candidate who does not show up at the test center on the day of the exam or arrives after instructions have been given is considered a "No-Show". In this case, the full exam registration fee will be forfeited, and the candidate will be required to re-enter the program as a new exam candidate.

Frequently Asked Questions

Exam Registration

Registration for each level of exam costs $1895 ($1899 if outside the US). The total cost for all three levels is $5685 ($5697 outside the US).

Please check with your company's policies regarding Professional Development, as these designations can benefit both you and your workplace.

Registration is a simple two-step process. First, create an account in our CEPICONNECT portal. Once you are in the system, make sure to select and pay for your exam. Then, once you have paid, you will be registered for the exam. Then, you will receive an email from cepi@scu.edu confirming your registration. This email is ONLY sent to those who register.

Please see the Registration Page for up-to-date information regarding exam deadlines.

No. Candidates may register for one exam per cycle, with a maximum of two exams per year. 

Our exams are hosted at Pearson Vue testing centers, so we have access to their worldwide network of testing centers. There is a testing center in almost every city across the globe. When you register, you will select a location close to you for your exam. Additionally, we offer remote exams via ProctorU, which you can take from the comfort of your home. Both are the same cost, and you will be able to pick your preferred method when you register.

A receipt is automatically provided to candidates who pay by credit card through the online registration system. You may also send a written request to the CEP Institute at cepi@scu.edu.

Before the Exam

When you register for the exam, you will be able to access a link through CEPI Connect that contains PDF copies of all required materials. You do not need to purchase any additional texts, as the PDF versions of the materials are included in the cost of registration. Some candidates may want to study with hard copies of the materials. If so, you are welcome to purchase the hard copy versions of the text through NCEO. However, please note that you cannot bring any of the hard copy materials into the exam with you. PDFs of the texts will be provided onscreen during the exam. 

Start with the readings from the course syllabi, since exam questions will be based on them. Be a part of a study group. According to a CEP Institute poll, applicants who participated in study groups had, on average, higher scores than candidates who did not. Participate in the webinar on the CEP Institute Exam Overview. Attend meetings of software user groups and associations and ask questions there. Throughout the year, industry organizations frequently offer course reviews.

During the Exam

If you arrive late to an exam, you will not be admitted to the exam and you will be considered a No Show. A No Show candidate forfeits their exam registration fee and must reenter the program as a new exam candidate. As well, the candidate may have to pay an additional no-show fee to the Pearson Vue testing organization. The candidate must contact the CEPI in order to register for any new exams. 

You are not required to remain at the testing center for the entire duration of the exam. Please follow your testing center's guidelines for finishing and submitting your exam. 

During the exam, you will see both the PDF study materials and your exam on your screen. On the left-hand side of the screen, all study materials will be visible as PDF links. On the right-hand side, the exam questions will appear. You will be able to open as many PDFs as once as you want on each page, and each PDF is searchable by keyword and phrase. 

After the Exam - Procedures & Resources

All scores are uploaded to CEPI Connect 6-8 weeks following the exam. When the results are uploaded, all candidates will receive an email notifying them that the scores have been posted. Additionally, all candidates will receive a score report via email, that further breaks down how each candidate fared per section.

These are the average pass rates for each exam (excluding retests and deferrals):

  • Level I (ECA Exam): 67.4%
  • Level II: 64%
  • Level III: 65.8%

All candidates must score a 500 or higher in order to pass the exam. 

To allow for consistency and ease of interpretation, candidates’ scores have been changed from a raw score (i.e., number correct) to a scaled score. Specifically, the results are converted to a scale that ranges from 200 to 800. Scores from 500 to 800 are passing scores. Your score report, which breaks down your numerical, scaled score, will be sent to you via email a week following your score reveal in CEPI Connect.

What is scaled scoring?

To allow for consistency and ease of interpretation, candidates’ scores are changed from a raw score (i.e., number of exam questions answered correctly) to a scaled score. Scaled scoring simplifies the interpretation of candidate scores on different certification exams. It enables the scoring of exams with different numbers of questions, difficulty levels, and pass points to be reported in the same way to exam takers.

Specifically, a candidate’s raw score is changed to a scale that ranges from 200 to 800, where 500 is the pass point. Therefore, regardless of how the exam difficulty changes over time (e.g., May exam versus the November exam), the scores are reported and interpreted in the same way. That is, a score from 500 to 800 will always indicate a passing score, and a score from 200 to 499 will always indicate a failing score.

Why are the scores scaled?

Scaled scoring is important because in order to maintain the programs’ accreditations, the exams’ content must be kept up to date and must reflect the current state of the industry. Doing so is accomplished by changing exam questions periodically to prevent candidates from taking the same exam repeatedly. Therefore, all of an agency’s exams change over time. With each change, the exact content of each exam is modified slightly. After each exam is updated, the pass point is assessed to see if it needs to be adjusted to ensure that only qualified individuals are certified.

The CEP exams are not registered with the NASBA for continuing professional education units.  Your state licensing board may accept the exam as CPE - please check your professional licensing body.  Upon request, the CEP Institute (at cepi@scu.edu) will issue a letter of proof of completion and the recommendation for 40 credit hours per exam. The CEP Institute does not guarantee that your licensing body will accept the recommendation and/or proof.

Yes, the job bank is on this website. It also has further information on how to post job openings. For more info, please click here.

Use our online registration system, CEPI Connect, to update your contact information. If you already have an account but don't remember your password, please contact cepi@scu.edu to retrieve your password instead of setting up a new account.

Yes - BUT only if the candidate registers for an exam using a payment code provided by their employer. When a candidate registers for an exam with a payment code, they authorize the CEP Institute to release the results to the owner of the code (i.e. the employer). In all other cases, exam scores are confidential and released only to individual candidates. See the certification information handbook for more information.

The exam is offered twice a year, and candidates may only sit for one exam per testing period. So, in order to pass all three levels, a candidate will take at least 13-14 months to earn their CEP designation.

We score the exams electronically and convene a standard-setting panel to work with a psychometrician on a series of complex statistical calculations to verify that each exam question performed appropriately. Next, we allow two weeks to investigate any anomalous results that the first statistical analysis found. Finally, we allow two weeks in case any of the results have to be appealed to the Certification Council. If there is a question that an exam item might have been misinterpreted, it goes to the council. Additionally, any scores that fall within 3 points of passing are automatically rescored and evaluated during this time.

Contact Us

Please feel free to reach out to us at cepi@scu.edu.