The CAFM Professional Examination
About the Exam
Upon successful completion of all 14 CAFM Program courses and receipt of the AFOA Diploma in Certified Aboriginal Financial Management, CAFM candidates are eligible to write the CAFM Professional Exam.
Those applying for their CAFM designation through CAFM Experience Path will also be required to write the Exam.
The purpose of the Exam is to ensure that all students who receive their professional designation have the necessary knowledge base required as a professional financial manager. The Exam is comprehensive and integrative and is based on AFOA’s competency standards. The Professional Exam fee is $350 plus applicable taxes.
AFOA Canada offers a three-day CAFM Examination preparation session twice a year to prepare candidates for the CAFM Exam.
The CAFM Examination is delivered and written online and it is written in two parts:
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- Written Part – Consists of 3 written questions
- Multiple Choice Part – Consists of 15 multiple-choice questions
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Please note: The CAFM Exam will be administered over two separate days, with the Written Part and Multiple Choice Part scheduled at the same time on different dates.
Written Part
Time: 12:00 PM to 3:00 PM (Eastern Standard Time (EST) or Eastern Daylight Time (EDT) across Canada)
Duration: 3 hours
Passing Requirement: Minimum 65%
Results: Can take up to 8 weeks; you will receive a PASS or FAIL notice via email. No marks will be released over the phone.
Multiple Choice Part
Time: 12:00 PM to 1:00 PM (Eastern Standard Time (EST) or Eastern Daylight Time (EDT) across Canada)
Duration: 1 hour
Passing Requirement: Minimum 50%
Grade: Released immediately upon completion of the Multiple Choice Part.
Passing Requirements & Rewrite Policy
You must pass both the Written Part and the Multiple Choice Part for your CAFM application to move forward for final review. If you do not pass one part, you are only required to rewrite the part you did not pass. If you fail both parts, you must rewrite both at a future date.
Exam Schedule
NEXT Exam:
Written Part: June 24, 2025 – 12:00 PM to 3:00 PM ET*
Multiple Choice Part: June 26, 2025 – 12:00 PM to 1:00 PM ET*
You must complete a CAFM Pathway Application before submitting your Exam Prep Registration and Exam Registration Forms
The CAFM Exam Preparation Session
The CAFM Exam Preparation Session is a three-day session which reviews areas covered in the CAFM Professional Exam and will go over practical exam writing applications geared to assist you in developing your own study strategy. Participants will be given a copy of a practice exam to assist them in CAFM exam writing.
The CAFM Exam Preparation Session is held, virtually two times a year. One is held virtually in the Spring and the second is held virtually in the Fall.
All applicants of the Certified Aboriginal Financial Management (CAFM) professional designation via;
1. CAFM Education Program
2. Experience Path
require successful completion (65% or higher) on the CAFM Professional Exam.
The CAFM Exam is scheduled for four hours and is based on the Certified Aboriginal Financial Manager Competency Standards. For more on the Exam, click here.
Who should attend the CAFM Exam Preparation Session?
- Those CAFM applicants planning to challenge the CAFM Exam and approved to write the Exam.
- Those CAFM applicants who want to meet and study with other aspiring CAFMs
- Those CAFM applicants who are looking for excellent study tips and ways to enhance their exam writing abilities
If you have submitted your CAFM Exam application to AFOA Canada and are deemed eligible to write the exam and would like to attend the Exam Preparation Session, you will need to complete an Exam Preparation Registration form.
Why should I attend the CAFM Exam Preparation Session?
Plan…how much time YOU should be spending to prepare for this exam.
Learn…the basics of exam writing, how to structure your study plan and what YOU need to master the CAFM exam.
Practice…what you have learned by writing a practice exam and learn practical exam applications from a certified CAFM instructor.
Retain…the knowledge that you have worked so hard to learn and be confident walking into your CAFM exam.
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- Understand effective studying practices for exams.
- Learn tips on learner types, dealing with stress, techniques, multiple choice and approaches to a variety of different question types.
- Understand the competencies and curriculum the exam will cover, along with learning objectives, sources and content summaries.
- Get a feel for what the exam conditions may be like by writing a similar practice exam.
- Get feedback on how you did on the practice exam.
- Receive special coaching and direction on selected topics.
- The CAFM exam is rigorous and requires substantive preparation to increase the chances of success.
- It is possible to pass the exam without attending an exam preparation session, however, your chances for success will be higher by attending the exam preparation session and is highly recommended.
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The experience of the preparation session and the related material does not guarantee success but it does increase the chances for success.
Exam Preparation Schedule
Next Exam Preparation Session: May 20th, 22nd, and 27th, 2025
If you are planning on writing the CAFM Professional Examination, attending the CAFM Exam Preparation Session will help you to succeed!
AFOA Canada is now accepting inquiries for the next CAFM Exam Preparation Session being held through a Video/Teleconference.
CAFM Exam Preparation Agenda
Register by May 5, 2025 and receive the Early Bird special registration rate of $1,100 for members and $1,250 for non-members.
Regular rate of $1,250 for members and $1,400 for non-members applies for registrations received after May 5, 2025.
Location
Video/Teleconference
**You will need access to a computer and a reliable internet connection. If you do not have, there is an option to call in and follow along with the Powerpoint/Exam Prep Binder.
Accommodations
N/A
Note:
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- AFOA Canada reserves the right to cancel due to limited enrolment.
- The digital examination preparation binder will only be provided once payment is received.
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