IMT Exam 1 FAQ — Common Questions

What is the official exam structure?

According to CSI’s Exam & Credits page:

• Exam format: Proctored (remote or in-person at a test centre)
• Question format: Multiple-choice
• Questions per exam: 110
• Duration: 3 Hours
• Passing grade: 60%
• Attempts allowed per exam: 3

How is Exam 1 different from Exam 2?

IMT has two exams. Exam 1 is a traditional multiple-choice exam; Exam 2 uses multiple cases with multiple-choice questions (vignette-style).

If you’re preparing for Exam 2, use the IMT Exam 2 hub and its case-first study plan.

How long should I study?

CSI lists 80 – 100 hours of study time for IMT overall. Use the Study Plan to translate that into a 30/60/90‑day schedule.

What should I prioritize for Exam 1?

Most candidates improve fastest by prioritizing:

1. Asset allocation + rebalancing math
2. Equity + fixed-income drivers and valuation intuition
3. Managed products structures + fee/turnover impact
4. Monitoring + performance measures

What’s the best way to study IMT?

• Use the Syllabus as your coverage checklist.
• Build your personal formula sheet from the Cheatsheet and drill it.
• Do small topic sets until your accuracy is stable, then switch to mixed sets.

Sources: https://www.csi.ca/en/learning/courses/imt/exam-credits and https://www.csi.ca/en/learning/courses/imt/curriculum